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Show REPORT OF CONDITION OF "THE COMMERCIAL BANK OF DELTA" OF DELTA, MILLARD COUNTY, UTAH, AT THE CLOSE OF BUSINESS BUSIN-ESS JUNE 30, 1948, A STATE BANKING INSTITUTION ORGANIZED AND OPERATING UNDER THE BANKING LAWS OF THIS STATE AND A MEMBER OF THE FEDERAL RESERVE SYSTEM. PUBLISHED IN ACCORDANCE WITH A CALL MADE BY THE STATE BANKING AUTHORITIES AND BY THE FEDERAL RESERVE BANK OF THIS DISTRICT. ASSETS I. Cash, balances with other banks, including reserve balance, and cash items in process of collection $ 604,056.35 ; 2. United States Government obligations, direct and guaranteed 150,000.00 3. Corporate stocks (including $2,400.00 stock of Federal Reserve Bank ) 2,400.00 ' 4. Loans and discounts (including $1,240.85 overdrafts) .... 824,917.61 ; 5. Bank premises owned $none, furniture and fixtures .... 7,894.56 ! 6. Investments and other assets indirectly representing bank premises or other real estate 17,018.18 7. TOTAL ASSETS ... $1,606,286.70 LIABILITIES 8. Demand deposits of individuals, partnerships and coroprations 897,395.75 9. Time deposits of individuals, partnerships, and corporations 401,953.68 10. Deposits of United States Government 401,953.68 including postal savings 3,532.40 II. Deposits of State and political subdivisions 56,047.30 12. Deposits of banks 112,269.11 13. Other deposits (certified and officers' checks, etc.).... 31,429.13 14. TOTAL DEPOSITS $1,502,627.37 15. TOTAL LIABILITIES ( not including subordinated obligations shown below) ! 1,502,627.37 CAPITAL ACCOUNTS 16. Capital $ 50,000.00 17. Surplus 30,000.00 18. Uudivided profits 23,659.33 19. TOTAL CAPITAL ACCOUNTS 103.659.33 20. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $1,606,286.70 This bank's capital consists of: Common stock with a par value of .... $50,000.00 MEMORANDA 20. (a) Loans as shown above are after deduction of reserves of $ 8,000.00 I, Otis Walch, Cashier, of the above-named bank, hereby certify that the above statement is true to the best of my knowledge and belief. Otis Walch CORRECT ATTEST: Orran Ashby C. M. Pace J. V. Styler Directors State of Utah, County of Millard ss: Sworn to and subscribed before me this 9th day of July, 1948. Ferron A. Lovell, Notary Public .. STATE OF UTAH OFFICE OF STATE BANK COMMISSIONER I, J. M. Knapp, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of the above named company, filed in my office on July 1, 1948. - J. M. Knapp, Bank Commissioner (Notary's seal) . |