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Show STATE OF UTAH DEPARTMENT OF FINANCIAL INSTITUTIONS 10 West 3rd South - Suite 331 Salt LakeCitv, Utah 81101 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, 1978. Dollar Amount in Thousands ASSETS Cash and due from banks 3,095 U.S. Treasury Securities 1,876 Obligations of other U.S. Government agencies and corporations 1 Obligations of States and political subdivisions 2,597 Federal funds sold and securities purchased under agreements to resell in domestic offices 1,125 a. Loans, Total (excluding unearned income) in-come) 15,743 b. Less : Reserve for possible loan losses 195 c. Loans, net 15,548 Bank premises, furniture and fixtures, and other assets representing bank premises 878 Real estate owned other tahn bank premises 6 Other assets 65 TOTAL ASSETS (Sum of items 1 thru 15) 25,191 LIABILITIES Demand deposits of individuals, partnerships, and corporations cor-porations 7,157 Time and savings deposits of individuals, partnerships, and corporations 13,909 Deposits of United States Government 164 Deposits of States and political subdivisons 1,509 Certified and officers' checks 409 TOTAL DEPOSITS IN DOMESTIC OFFICES OF-FICES 23,148 a. Total demand deposits 8,109 b. Total time and savings deposits 15,039 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 23,148 total liabilities )excluding subordinated notes and debentures) 23,148 EQUITY CAPITAL Common stock a. No. shares authorized 50,000 b. No. shares outstanding 41,000 (par value) 205 Surplus 1-597 Undivided profits 241 TOTAL EQUITY CAPITAL ( sum of items 32 thru 36) 2,043 TOTAL LIABILITIES AND EQUITY CAPITAL (sum of items 30, 31, and 37) 25,191 MEMORANDA Average for 15 to 30 dalendar days ending with call date: a. Cash and due from banks (corrs. to item 1 above) . . . .3,095 b. Federal funds sold and securities purchased under agreements to resell (corrs. to item 8 above) 1,125 c. Total loans. ..(corresponds to item 9a above) 15,743 d. Time deposits of $100,000 or more in domestic offices (corresponds to Memoranda items 3a plus 3b below) . . 0 e. Total deposits (corresponds to item 24 above) 23,148 under agreements to repurchase (corrs. to item 25 above) none Time deposits of $100,000 or more in domestic offices : a. Time certificates of deposit in denominations of $100,000 or more 1,200 Number of operating branches as of call date 2 I, Eldon W. Schmutz, 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: Eldon W. Schmutz. James Hoyle Jr., Warren K. Bulloch, L. A. Whetten, Directors. State of Utah, County of Iron ss: Sworn to and subscribed before me this 13th day of July, 1978. Bernice Rember, Notary Public. 4-11-82 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 25, 1978. C. B. Quinn Chief Examiner Pub. August 3, 1978. |