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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 BANK OF IRON COUNTY of Parowan in the State of Utah at the close of business on June 30, 1976 Dollar amount in Thousands ASSETS Cash and due from banks 811 U.S. Treasury Securities 2,147 Obligations of States and political subdivisions ... 215 a. Loans, Total (excluding unearned income) 6,152 b. Less: Reserve for possible loan losses 76 cJLoans.net .- 6,076 . Bank premises, furniture and fixtures, 'and other assets representing bank premises 223 TOTALASSETS(Sumofitemslthrul5) 9,472 , LIABILITIES Demand deposits of individuals, partnerships, and corporations 2,617 t Time and savings deposits of individuals, partnerships, and corporations 4,834 Deposits of States and political subdivisions 766 Certified and officers' checks 251 TOTAL DEPOSITS IN DOMESTIC OFFICES 8,468 a, Total demand deposits 3,148 b. Total time and savings deposits 5,320 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 8,468 Federal funds purchased and securities sold under agreements to repurchase in domestic offices '250 TOTAL LIABILITIES (excluding subordinated notes and debentures) deben-tures) 8,718 EQUITY CAPITAL Common stock.. ..a. No. shares authorized 9,000 b. No. shares outstanding 9,000 (Par value) 90 Surplus 510 Undivided prof its 154 TOTAL EQUITY CAPITAL (sum of items 32 thru 36) 754 TOTAL LIABILITIES AND EQUITY CAPITAL (sum of items 30,31, and 37) 9,472 MEMORANDA Average for 15 to 30 calendar days ending wjth call date: a. Cash and due from banks (corresponds to item 1 above) .... 1,548 b. Federal funds sold and securities purchased under agreements to resell (cors. to item 8 above) .' 138 c. Total loans.... (corresponds to item 9a above) 6 395 d. Time deposits of $100,000 or more in domestic offices (corresponds to Memoranda items 3a plus 3b below) 733 e. Total deposits.... (corresponds to item 24 above) 8,644 f. Federal funds purchased & securities sold under agreements to repurchase (cors. to item 25 above) '.. 71 Time deposits of $ 100,000 or more in domestic offices : a. Time certificates of deposit in denominations of $100,000 or more .... 24 Number of operating branches as of call date one I, Frankie Lou Bentley, Assistant Cashier, of the 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 : Frankie Lou Bentley D. Robinson, O. K. Nielsen, Elmer L. Lowe, Directors. State of Utah, County of Iron ss: Sworn to and subscribed before me this 13th day of July 1976. Lawana Tullis, Notary Public My commission expires: 8-13-77 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 15, 1976. C. B. Quinn, Chief Examiner of Financial Institutitons |