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Show REPORT OF CONDITION of STATE BANK OF SOUTHERN UTAH of Cedar City In the State of Utah, at the close of business on October 17, 1973. ASSETS Cash and due from banks (including $173.09150 unposted debits) $ 1,304,855.17 U. S. Treasury securities 1,249,627.50 Obligations of other U.S. Governemnt agencies and corporations 100,000.00 Obligations of States and political subdivisions 1,708,274.89 Other loans 11,373,747.31 Bank premises, furniture and fixtures, and other assets representing bank premises 471,328.19 Other assets 18603 TOTAL ASSETS $16,208,019.09 LIABILITIES Demand deposits of individuals, partnerships, and corporations 4,634,921.66 Time savings deposits of individuals, partnerships, and corporations 7,629,102.61 Deposits of United States Government 37,969.94 Deposits of States and political subdivisions 1,959,547.67 Certified and officers' checks, etc. 191,218.02 TOTAL DEPOSITS $14,452,759.90 (a) Total demand deposits 5,310,115.54 (b) Total time and savings dep. 9,142,644.36 Federal funds purchased and securities sold under agreements to repurchase - 200,000.00 Other liabilities 320,303.17 TOTAL LIABILITIES $14,973,063X7 RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans, (set up pursuant to IRS rulings) $ 147,756.51 TOTAL RESERVES ON LOANS AND SECURITIES $ 147,756.51 CAPITAL ACCOUNTS Equity capital, $ 1,087,199.51 Common stock-total par value . - 180,000.00 (No. shares authorized 25,000) (No. shares outstanding 18,000) Surplus -'. 620,000.00 Undivided profits 287,199.51 TOTAL CAPITAL ACCOUNTS . $ 1,087,199.51 TOTAL LIABILHES, RESERVES, & CAPIAL ACCOUNTS $16,208,019.09 MEMORANDA Average of total deposits for the 15 calendar i days ending with call date . $14,671,397.86 Average of total loans for the 15 calendar days ending with call date 11,660,281.59 ' I, Eldon W. Schmutz, Vice President and Cashier, of the ' above-named bank, do solemnly swear that this report of i condition is true and correct, to the best of my knowledge r and belief. Correct-Attest: sEldon W. Schmuta Warren H. Bulloch, L. A. Whetten, Robert B. Bradshaw, i directors. ! State of Utah, County of Iron ss. Sworn to and subscribed before me this 29th day of October, 1973. J sDlanne Beatty, Notary Public. STATE OF UTAH V Department of Financial Institutions I November 2, 1973. e ,. VUif; .. I, W. S. Brimhall Commissioner of Financial Institutions, ' do hereby certifiy that the foregoing Is a true and correct j copy of the statement of the above named bank, filed In this office on Novemebr 2, 1973. ! eW. S. Brimhall r Commissioner of Financial Institutions e i . |