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Show REPORT OF CONDITION of "BANK OF IRON COUNTY", of Parowan in the State of Utah 84761 at the close of business on Oct. 21, ItHil). ASSETS Cash and due from banks 5 322,237.2o Securities of other U.S. Government agencies and corporations - 1.2S0.311.00 Obligations of States and political subdivisions .... 3-1.000.00 Federal funds sold and securities purchased under agreements to resell 500,000.00 Other loans 1.805.759,12 Bank premises, furniture and fixtures, and other assets representing bank promises 10.937.0G Real estate owned other than bank premises 100 TOTAL ASSETS $3,953,205.73 LIABILITIES Demand deposits of individuals, partnerships, and corporations $1,119,310.80 Time and savings deposits of individuals,, partnerships, and corporations 1,901,605.20 Deposits of States and political subdivisions 420,493.14 Certified and officers' checks, etc 16,453.64 TOTAL DEPOSITS $3,517,862.84 (a) Total demand deposits $1,431,257.64 (b) Total time and sav. deposits .... $2,086,605.20 Other liabilities 79,153.31 1 TOTAL LIABILITIES $3,597,016.15 j RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up ! pursuant to Internal Revenue Service rulings) 53,314.96 TOTAL RESERVES ON LOANS AND SECURITIES 53,314.96 CAPITAL ACCOUNTS Common Stock total par value $ 30,000.00 (No shares authorized 3000) (No. shares outstanding 3000) i tK nan rA Surplus - iiw.uvfu.uu Undivided profits - 77,934.62 TOTAL CAPITAL ACCOUNTS 302,934.62 TOTAL LIABILITIES, RESERVES, AND CAPITAL ACCOUNTS $3,953,265.73 MEMORANDA Average of total deposits for the 15 calendar days ending with call date $3,481,742.00 Average of total loans for the 15 calendar days ending with call date $2,769,807.30 I, Frankie Lou Bentley, Assistant Cashier, of the above named bank, do solemnly swear that this report of condition is true and correct to the best of my knowledge and belief. State of Utah, County of Iron, ss: Sworn to and subscribed before me this 28th day of October, 1969. LAWANA TULLIS, Notary Public My Commission Expires 8-13-73. CORRECT ATTENT: W. Scott Mitchell, D Robinson, Elmer L. Lowe, Directors. 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 statement of the above named bank, filed in this office on October 31, 1969. W. S. BRIMHALL, Commissioner of Financial Institutions (Published Nov. 13, 1969.) |