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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 March 31, 1978. Dollar Amount in Thousands ASSETS Cash and due from banks 425 U.S. Treasury Securities 2,149 Obligations of States and political subdivisions 215 Federal funds sold and securities purchased under agreements to resell in domestic offices 400 a. Loans, Total (excluding unearned income) 7,822 b. Less : Reserve for possible loan losses 53 c. Loans, net ' .7,769 Bank premises, furniture and fixtures, and other assets representing bank premises 245 Other assets 4 TOTAL ASSETS (Sum of items 1 thru 15) 11,207 LIABILITIES Demand deposits of individuals, partnerships, and corporations 3,078 Time and savings deposits of individuals, partnerships, and corporations 6,131 Deposits of States and political subdivisions 1,010 Certified and officers checks 58 TOTAL DEPPOSITS IN DOMESTIC OFFICES OF-FICES 10,277 a. Total demand deposits 3,500 b. Total time and savings deposits 6,777 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 10,277 TOTAL LIABILITIES (excluding subordinated notes and debentures) 10,277 : EQUITY CAPITAL j Common Stock a. No. shares authorized 9000 b. No. shares outstanding 9000 90 ' Surplus 650 ' Undivided profits 190 TOTAL EQUITY CAPITAL (sum of items 32 thru 36) 930 liabilities and equity capital (sum of items 30, 31, and 37) 11,207 ; MEMORANDA Average for 15 or 30 calendar days ending with call date : a. Cash and due from banks (corresponds to item 1 above) 491 b. Federal funds sold and securities purchased under agreements to resell (cors. to item 8 above) 490 c. Total loans (corresponds to item 9a above) 7,636 d. Time deposits of $100,000 or more in domestic offices (corresponds to Memora nda items 3a plus 3b below ) 461 e. Total deposits (corresponds to item 24 above) 10,396 Time deposits of $100,000 or more in domestic offices: a. Time certificates of deposit in denominations of $100,000 or more 462 Number of operating branches as of call date 1 I, Frankie Lou Bentley, Assistant Vice President 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 State of Utah, County of Iron ss: Sworn to and subscribed before me this 7th day of April 1978. R. G. Stolk. Notary Public. My Commission expires 5-5-80. 0. K. Nielsen, D. Robinson, Rodger E. Allen, Directors. State of Utah Department of Financial Institutions 1, 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 April 11, 1978. C. B. Quinn, Chief Examiner of Financial Institutions |