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Show ANNUAL REPORT to the Commissioner of Financial Institutions State of Utah Report of Condition of Cedar City Savings and Loan Asso. -ciation, Cedar City, County of Iron, State of Utah. Statement of Conditions as at the close of business, Decern- , tor 31, 1971. ASSETS Cash on hand and in banks $ 3,522.83 U. S. Government obligations $ 20,000.00 Other investment securities 20,000.00 Accrued interest receivable on investments 415,531.54 20,000.00 First Mortgage direct reduction loans 455,534.54 First mortgage share account sinking fund loans 3,500X10 '. Total 449,031.54 ; Loans secured by share or investment ; certificates of this Association 2 993.06 Furniture and fixtures $2,777.88 less Depr. $2,141.57, '632.31 : TOTAL ASSETS $476,181.74 LIABILITIES Installment shares $385,403.70 t Full paid shares 5,700.00 i Total Savings and Investment Share Accounts $391,103.70 Pass Book Pledged Shares 7,365.12 Mortgage pledged shares 1,820.72 a Other borrowed money 7,000.00 Due borrowers on loans In process 2,363.34 T Other liabilities 1,004.48 Legal reserve 19, 064.25 Bad debt reserve 20,344.28 Total 39,408.53 Undivided profits or surplus 26,,115.85 TOTAL LIABILITIES $476l81.74 ' Total number of mortgage loan accounts 52 1 Total number of savings and investment share accounts ' , 110 x ' STATE OF UTAH, COUNTY OF IRON, ss. William L. Jones, being first duty sworn according to law, 3 deposes and says that he is President of the above named . corporation and that the foregoing report contains a full, true and correct statement of the condition of the said corp. oration at thp close of hiisiness nn tho HA at rinv nt TWnmhmv - j - 1971. Dated the first day of January, 1972. WILLIAM L. JONES, President ATTEST: Willarm C. Jones, Lanell N. Lunt, Floyd Pickering. ' Directors. Subscriped and sworn to before me this 25th , . day of January, 1972 FLOYD PICKERING, Notary Public My Commission expires February 2, 1974. STATE OF UTAH, Officer of the Commissioner 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 condition of the above named corporation cor-poration filed in my office on January 31, 1972. - - W. S. BRIMHALL, Commissioner (February 24, March 2, 1972) ' ! , |