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Show PUBLIC NOTICES REPORT OF CONDITION . of "BANK OF IRON COUNTY" of Parowan in the State of Utah 84761 at the close of business on June 30, 1973. ASSETS Cash and due from banks $ 42650125 U. & Treasury securities 1586285.00 Obligations of States and political subdivisions... 117,000.00 Federal funds sold and securities purchased under agreement to resell 250,000.00 Other loans 4,616,704.63 Bank premises, furniture and fixtures, and other assets representing bank premises 19,611.95 Real estate owned other than bank premises. 30,608.00 Other assets 65.00 TOTAL ASSETS $ 7,046,475.83 LIABILITIES Demand deposits of individuals partnerships, and corporations '. . $ 1,798,631.95 Time and savings deposits of Individuals, partnerships, and corporations .. 3,321,934.92 Deposits of States and political subdivisions .... 1,044,490.94 Certified and officers' checks, etc. 46,082.69 TOTAL DEPOSITS $ 6211,140.50 (a) Total demand deposits $ 2,019241.58 (b) Total time and savings dep. $ 4,191,898.92 Other liabilities 206,839.99 TOTAL LIABILITIES $ 6,417,980.49 RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up pursuant to IRS rulings) 68,773.95 TOTAL RESERVES ON LOANS AND SECURITIES 68,773,95 CAPITOL ACCOUNTS Common stock-total par value $ 90,000.00 (No. shares authorized 9000) (No. shares outstanding 9000) Surplus . : 310,000.00 Undivided profits .. 159,721.39 TOTAL CAPITAL ACCOUNTS 559,721.39 TOTAL LIABILITIES, RESERVES , AND CAPITAL ACCOUNTS $ 7,046,475.83 MEMORANDA Average of total deposits for the 15 calendar days ending with call date. $ 6,194,689.10 Average of total loans for the 15 calendar days ending with call date 4,581,535.09 I, Frankie Lou Bentley, Assistant Cashier, of the above named bank, do solemnly swear that this report of condition is true and correct, to the best of my knowledge and belief. Frankie Lou Bentley, Ass't. Cashier Oorrect-Attest: Elmer L. Lowe, Norman Helay, and James A. Mercer, Directors. State of Utah, County of Iron ss: Sworn and subscribed before me this 9th day of July, 1973. Lawana Tullis, 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 July 11, 1973. W. S. Brimhall, Commissioner of Financial Institutions |