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Show STATE OF UTAH DEPARTMENT OF FINANCIAL INSTITUTIONS 10 West 3rd South Suite 331 Salt Lake City, Utah 84101 REPORT OF CONDITION OF STATE BANK OF SOUTHERN UTAH of Cedar City in the State of Utah at the close of business on June '30, 1977. ' t. . . ' ' " "" ''ASSETS Dollar Amount in Thousands Cash and due from banks 1,591 U. S. Treasury Securities 2,337 Obligations of other U. S. Government agencies and corporations 1 Obligations of States and political subdivisions 2,297 Federal funds sold and securities purchased under agreements to resell in domestic offices 200 a. Loans, Total (excluding unearned income) in-come) 13,797 b. Less : Reserve for possible loan losses 201 c. Loans, net 13,596 Bank premises, furniture and fixtures, and other assets representing bank premises 692 Real estate owned other than bank premises 25 TOTAL ASSETS (Sum of items 1 thru 15) 20,739 LIABILITIES Demand deposits of individuals, partnerships, and corporations 5,023 Time and savings deposits of individuals, partnerships, and corporations 11,882 Deposits of Unites States Government 62 Deposits of States and political subdivisions 1 ,530 Deposits of commercial banks 200 Certified and officers' checks 437 TOTAL DEPOSITS IN DOMESTIC OFFICES OF-FICES 19,134 a. Total demand deposits 5,889 b. Total time and savings deposits . . 13,245 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 19,134 TOTAL LIABILITIES (excluding subordinated notes and debentures) 19,134 EQUITY CAPITAL Common stock. ...a. No. shares authorized 50,000 ....b. No. shares outstanding 36,000 180 Surplus 1,170 Undivided profits 225 TOTAL EQUITY CAPITAL (sum of items 32 thru 36) 1 ,605 TOTAL LIABILITIES AND EQUITY CAPITAL (sum of items 30, 31, and 37) 20,739 MEMORANDA Average for 15 or 30 calendar days ending with call date : a. Cash and due from banks (corresponds to item 1 above) 1,591 b. Federal funds sold and securities purchased under agreements to resell (cor. to item 8 above) 200 c. Total loans (corresponds to item 9a above) 13,797 d. Time deposits of $100,000 or more in domestic offices (corresponds to Memoranda items 3a plus 3b below) . . .1,654 e. Total deposits (corresponds to item 24 above) 19 134 Time deposits of $100,000 or more in domestic offices : a. Time certificates of deposit in denominations of $100 000 or more 1,654 Number of operating branches as of call date 1 I, Eldon W. Schmutz, Vice President 4 Cashier, of the above-named above-named bank, do solemnly SWEAR AFFIRM that this report of condition is true and correct, to the best of my knowledge and belief. Correct-Attest : Eldon W. Schmutz Directors L. A. Whet ten Elwood J. Corry Warren H. Bulloch State of Utah, County of Iron ss: Sworn to and subscribed before me this 12th day of July 1977. Herman B. Anderson, Notary Public STATE OF UTAH Department of Financial Institutions I. C B Quinn, Chief Examiner 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 13. 1977. C. B. Quinn , , , . ., Chief Examiner Pub. July 21. 1977 |