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Show REPORT of condition of "BANK OF SOUTHERN UTAH" of Cedar City, Utah, at the close of business April 11, 1955, 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 Fed-eral Reserve Bank of this District. I ASSETS Cash, balances with other banks, including reserve balance, and cash items in process of collection .... $1,172,575.16 United States Government obligations, direct and guaranteed 2,164,432.50 Obligations of States and political subdivisions 426,516.70 Other bonds, notes and debentures 139,902.28 Corporate stocks (including $12,000.00 stock of Federal Reserve Bank) 12,000.00 Loans and discounts (including $12,775.99 overdrafts) 2,293,324.04 Bank premises owned $2,000.00, furniture and fixtures $C0,OOO.00 62,000.00 Real estate owned other than bank premises 2,857.49 Other assets 7,671.93 TOTAL ASSETS $6,281,340.10 LIABILITIES Demand deposits of individuals, partnerships and corporations $2,486,210.99 Time deposits of individuals, partnerships, and corporations 2,230,534.50 Deposits of United States Government (including postal savings) 32,853.36 Deposits of States and political subdivisions . 1,082,855.60 Other deposits (certified and officers' checks, etc.) 15,326.56 TOTAL DEPOSITS $5,847,781.01 TOTAL LIABILITIES (not including subordinated obligations shown below) $5,847,781.01 CAPITAL ACCOUNTS Capital $ 100,000.00 Surplus 1 300,000.00 Undivided profits 33,559.09 TOTAL CAPITAL ACCOUNTS 433,559.09 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $6,281,310.10 This bank's capital consists of: Common Stock with total par value of $100,000.00 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes $ 200,000.00 (a) Loans as shown above are after deduction of reserves of 106,642.82 I, Arthur Gardner, cashier of the above-named bank, hereby certify that the above statement is true to the best of my knowledge know-ledge and belief. ARTHUR GARDNER CORRECT-ATTEST: Stanley Bradshaw Fred B. Parkinson, Henry L. Jones, Directors. State of Utah, County of Iron ss: Sworn to and subscribed before me this 18th day of April, 1955. 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 April 20, 1955. LOUIS S. LEATHAM, Bank Commissioner. (April 28, 1955.) |
