OCR Text |
Show REPORT of condition of "Bank of Southern Utah" of Cedar City, Utah, at the close of business June 30, 1952, a State banking institution organized and operating under the banking laws of this State and a member of the Federal Reserve System. Published In accordance with a call made by the State Banking Authorities and by the Federal Reserve Bank of this District ASSETS Cash, balances with other banks, including reserve balance, and cash items in process of collection -.. 51,019,569.86 United States Government obligations, direct and guaranteed 1,586,275.00 Obligations of States and political subdivisions 460,063.55 Other bonds, notes, and debentures - 121,468.08 Corporate stocks (including $9000.00 stock of Federal Reserve Bank) 9,000.00 Loans and discounts (including $14,490.14 overdrafts) 2,118,178.94 Bank premises owned $7000.00, furniture and fixtures $23,374.62 30,374.62 Other assets 1,304.25 TOTAL ASSETS , $5,346,234.30 LIABILITIES Demand deposits of Individuals, partnerships and corporations $2,379,596.08 Time deposits of individuals, partnerships and corporations 1,865,862.39 Deposits of United States Government (including postal savings) 75,101.18 Deposits of States and political subdivisions 637,037.12 Deposits of banks 25,522.22 Other, deposits (certified and officers' checks, etc.) 20,385.34 TOTAL DEPOSITS $5,003,504.33 TOTAL LIABILITIES (not including subordinated obligations shown below) $5,003,504.33 CAPITAL ACCOUNTS Capital $ 50,000.00 Surplus 250,000.00 Undivided profits 42,729.97 TOTAL CAPITAL ACCOUNTS 342,729.97 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $5,346,234.30 This bank's capital consists of: Common stock with total par value of $50,000.00 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes $ 81,000.00 I, ARTHUR GARDNER, Assistant Cashier, of the above-named bank, hereby certify that the above statement Is true to the best of my knowledge and belief. ARTHUR GARDNER Correct Attest: STANLEY BRADSHAW ELWOOD J. CORRY HENRY L. JONES, Directors. State of Utah, County of Iron, ss: Sworn to and subscribed before me this tenth day of July, 1952. FRANCIS W. BETENSON, Notary Public. STATE OF UTAH, Office of the Bank Commissioner: I, -.Louis S. Leatham, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of the above named company, filed In my office on July 15, 1952. LOUIS S. LEATHAM, Bank Commissioner. |