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Show REPORT OF CONDITION of "STATE BANK OF SOUTHERN UTAH" of Cedar CLty, in the State of Utah at the close of business on June 30, 1971. ASSETS Cash and dues from banks $ '670,034.66 U. S. Treasury securities 1,113,270.13 . Securities of other U. S. Government agencies and corporations 200,000.00 Obligations of States and political subdivisions .... 1,127,8S4.41 Other securities 395,779.44 Dther loans : 6,638,664.29 Bank premises, furniture and fixtures, and other assets representing bank promises 398,654.30 Dther assets 103.67 TOTAL ASSETS $10,544,390.90 , LIABILITIES Demand deposits of individuals, , . partnerships, and corporations ....'.. $2,667,434.83 Time and savings deposits of individuals, partnerships, and corporations 5,368,405.68 Deposits of United States, Government : 45,856.50 Deposits of States and political subdivisions 1,263,846.89 Certified and officers' checks, etc 117,824.46 TOTAL DEPOSITS i $9,473,368.36 (at Total demand deposits $3,169,327.57 '' (b) Total time and sav. deposits .. $6,304,040.79 Other liabilities : 166,815.43 TOTAL LIABILITIES ; $9,640,183.79 RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up pursuant pur-suant to Internal Revenue Service rulings) .... 101,829.77 TOTAL RESERVES ON LOANS AND SECURITIES . 101,829.77 CAPITAL ACCOUNTS - Equity capital total (sum of items 36 to 40 below) 802,377.34 Common stock .'total 'par value ..." - 180,000.00 (No. shares authorized 25,000) (No. share outstanding 18,000) V Surplus .: 470,000.00 Uundivided profits ...........'...... 152,377.34 TOTAL' CAPITAL' ACCOUNTS 802,377.34 TOTAL LIABILITIES, RESERVES,' .. .. AND CAPITAL ACCOUNTS 1 $10,544,380.90 MEMORANDA '. Average of total deposits for the 15 calendar . - ' days ending with call date $9,431,292.79 Average of total loans for the 15 calendar days ending with call date .'. $6,588,404.61 I I, Eldon W. Schmutz, of the above-named bank, do solemnly sol-emnly swear that this report of condition is true and correct, to the best of my knowledge and belief. - - ELDON W. SCHMUTZ CORRECT ATTESE: L. A. Whetten, Elwood J. Corry, Warren War-ren H. Bulloch, Directors. State of Utah, County of Iron, ss: Sworn to and subscribed before me this 9th day of July,. 1971. Stanley S. Tarryton, 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 statement of the above named bank, filed in this office on July 12, 1971. ... ' W. S. BRIMHALL, " Commissioner of Financial -Institutions (July 22, 1971). : ; ... ; . |