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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 American Bank of Commerce of Cedar City in the State of Utah at the close of business on Dec. 31, 1974. ASSETS Cash and due from banks (including $5,218.89 unposted debits) 80,720.22 Obligations of other US Government agencies and corporations 1,493.77 Other securities (including $none corporate stocks) 50,000.00 Federal funds sold and securities purchased under agreements to resell 550,000.00 Other loans 601,974.28 Bank premises, furniture and fixtures, and other assets representing bank premises 7,458.18 Other assets 40,670.49 TOTAL ASSETS 1,332,316.94 LIABILITIES Demand deposits of individuals, partnerships, and corporations 367,760.55 Time and savings deposits of individuals, partnerships, and corporations 217,504.18 Deposits of States and political subdivisions 265,602.81 Certified and officer's checks, etc 20,374.13 TOTAL DEPOSITS $871,241.67 (a) Total demand deposits $403,737.49 (b) Total time and savings deposits $467,504.18 Other liabilities 12,101.70 TOTAL LIABILITIES 883,343.37 CAPITAL ACCOUNTS Equity capital, total (sum of Items 36 to 40 below) 448,973.57 Common stock-total par value 225,000.00 (No. shares authorized 30,000) (No. shares outstanding 7,500) Surplus 112,500.00 Undivided profits 111,473.57 TOTAL CAPITAL ACCOUNTS (sum of Items 34 and 35 above) 448,973.57 TOTAL LIABILITIES, RESERVES, AND CAPITAL ACCOUNTS (sum of Items 28.29,33 & 41 above) 1.332,316.94 MEMORANDA Average of total deposits for the 15 calendar days ending with call date 902,057.31 Average of total loans for the 15 calendar days ending w ith call date 1,262,065.83 I, Dan R. Eastman, Vice President and Cashier, of the above-named above-named bank, do solemnly SWEAR-AFFIRM that this report of condition is true and correct, to the best of my know ledge and belief. Correct-Attest: Dan L.R Eastman Robert L. Gardner W. Dallin Gardner R. Haze Hunter Directors. State of Utah. County of Iron ss: Sworn to and subscribed before me this ninth day of January. 1975. Jerry V. Guymon, Notary Public 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 January 15, 1975. C.B. Quinn Chief Examiner of Financial Institutions I |