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Show REPORT OF CONDITION of "STATE BANK OF SOUTHERN UTAH" of Cedar City, in the State of Utah, at the close of business on April 18, 1972 ASSETS Cash and due from banks (including unposted debits) : U. S.Treasury Securities Veo Obligations of States and political subdivisions ..- 1,747,162.49 Federal funds sold and securities purchased under agreements to resell 700,000.00 Other loans 7,948,641.54 Bank premises, furniture and fixtures, and other assets representing bank premises 414,577.79 Other assets - j TOTAL ASSETS .'. $13,294,654.77 , LIABILITIES " Demand deposits of individuals, Partnerships, and corporations $3,796,037.41 Time and Savings deposits of individuals, partnerships, and corporations 6,508,125.69 Deposits of United States Government 39,877.49 Deposits of States and polictal subdivisions 1,607,597.56 Certified and Officers' checks, etc 118,348.52 TOTAL DEPOSITS $12,069,986.67 r ; (a) Total demand deposits $ 4,162,592.75 . (b) Total time and savings dep. $ 7,907,393.92 Other liabilities 196,711.23 TOTAL LIABILITIES $12,266,697.90 - RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (Set up pursuant to IRS rulings) $ 125,292.21' TOTAL RESERVES FOR LOANS AND SECURITIES 125,292.21 : CAPITAL ACCOUNTS -V Equity capital $ 902,664.66 ; Common stock-total par value 180,000.00 ; (No shares authorized 25,000) ; (No. shares outstanding 18,000) Surplus 500,000.00 j Undivided profits 222,664.66 TOTAL CAPITAL ACCOUNTS 902,664.66 ; TOTAL LIABILITIES, RESERVES, ? AND CAPITAL ACCOUNTS $13,294,654.77 MEMORANDA . Average of total deposits for the 15 calendar " . days ending with the call date $11,832,796.11 ; Average of total loans for the 15 calendar days ending with call date $ 8,001,988.20 : I, Eldon W. Schmutz, Vice President and Cashier, of the above-named bank do solemnly swear that the report of ? condition is true and correct, to the best of my knowledge and belief. Eldon W. Schmutz Warren H. Bulloch, Elwood J. Corry, L. A. Whetten, Directors Correct Attest: - State of Utah, County of Iron, ss: " ; Sworn to and subscribed before me this 28th " " " day of April, 1972. ' 11-9-75 Carolyn Middlesworth, Notary Public STATE OF UTAH, Department of Financial Institutions, I, W. S Brimhall, Commissioner of Financial Institutions, do hereby certify that the foregoing is a true and correct copy of the staiemenfof the above named bank, filed In this office) . on May 4,1972.. ' - ' W. S. Brimhall, , Commissioner of Financial Institutions (May 11, 1972). , v " ' |