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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 March 31, 1978. Dollar Amount in Thousands ASSETS Cash and due from banks 2,036 U. S. Treasury Securities 2,533 Obligations of other U.S. Government agencies and corporations 1 Obligations of States and political subdivisions 2,431 a. Loans, Total (excluding unearned income) in-come) 15,101 b. Less : Reserve for possible loan losses .... 202 c. Loans, net 14,899 Bank premises, furniture and fixtures, and other assets representing bank premises 749 Real estate owned other than bank premises 7 Other assets 150 TOTAL ASSETS (Sum of items 1 thru 15) 22,806 LIABILITIES Demand deposits of individuals, partnerships, and corporations 5318 Time and savings deposits of individuals, partnerships, and corporations 13,313 Deposits of United States Government 87 Deposits of States and political subdivisions 1,588 Deposits of commercial banks 12 Certified and officers' checks 187 TOTAL DEPOSITS IN DOMESTIC OFFICES OF-FICES 20,505 a. Total demand deposits 6,030 b. Total time and savings deposits 14,475 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES OF-FICES 2.505 Federal funds purchased and securities sold under agreements to repurchase in domestic offices 550 TOTAL LIABILITIES (excluding subordinated notes and debentures) 21,055 EQUITY CAPITAL Common stock a. No. shares authorized 50,000 b. No. shares outstanding 36,000... (Par value) 180 Surplus I.370 Undivided profits 201 TOTAL EQUITY CAPITAL (sum of items 32 thru 36) 1,751 TOTAL LIABILITIES AND EQUITY CAPITAL (sum of items 30, 31 and 37) 22,806 MEMORANDA Average for 15 or 30 calendar days ending with call date a. Cash and due from banks (corresponds to item 1 above)2,036 c. Total loans (corresponds to item 9a above) 15,101 d. Time deposits of $100,000 or more in domestic offices (corresponds to Memoranda items 3a plus 3b below) 1,162 e. Total deposits (corresponds to item 24 above) 20,505 f. Federal funds purchased & Securities sold under agreements to repurchase (cors. to item 25 above) 550 g. Other liabilities for borrowed money (corresponds to item 26 above) none Time deposits of $100,000 or more in domestic offices: a. Time certificates of deposit in denominations of $100,000 or more 1,162 Number of operating branches as of call date one I, Eldon W. Schmutz, Sr. Vice President, of the above named bank, do solemnly SWEAR AFFIRM that this report of condition con-dition is true and correct, to the best of my knowledge and belief. Correst-attest: Eldon W. Schmutz Warren M. Bulloch, James Hoyle Jr., L. V. Broadbent, Directors. State of Utah, County of Iron ss: Sworn to and subscribed before me this 14th day of April 1978. Dianne Beatty, 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 April 17, 1978. W. S. Brimhall Commissioner of Financial Institutions |