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Show REPORT OF CONDITION OF THE MILFORD STATE BANK OF MILFORD, IN THE STATE OF UTAH AT THE CLOSE OF BUSINESS ON SEPTEMBER 29, 1934 ASSETS Loans and discounts $138,374.13 Overdrafts 676.77 United States Government securities, direct and fully guaranteed 21,939.07 Other bonds, stocks and securities 2,861.82 Banking house, $7,728.74; Furniture and Fixtures, $1,280.46 9,009.20 Ileal estate owned other than banking house 9,261.19 Cash in vault and balance with other banks 122,117.45 Outside checks and other cash items 106.50 Other assets 129.96 TOTAL ASSETS $304,476.09 LIABILITIES Demand deposits, except United States government deposits, public funds and deposits of other banks $172,837.13 Time deposits, except postal savings, public funds and deposits of other banks 10,088.61 Public funds of states, counties, school districts, or other subdivisions sub-divisions or municipalities 62,816.78 United States Government and postal savings deposits 7,446.29 Deposits of other banks, including certified and cashiers' checks outstanding 3,803.07 Total: (a) Secured by pledge of loans andor investments $ 7,446.29 (b) Not sec. by pledge of loans andor investments 249,545.59 (c) Total Deposits $256,991.88 Other liabilities, commission received not yet earned 299.60 Capital account: Common stock, 250 shares, par $100.00 per share 25,000.00 25,000.00 Capital debentures 17,500.00 Undivided profits net 4,684.61 Total Capital Account : $ 22,184.61 TOTAL LIBILITIES $304,476.09 Memorandum: Loans and Investments Pledged to Secure Liabilities United States Government securities $ 21,939.07 Other bonds, stocks, and securities 2,861.82 Loans and discounts 138,374.13 Total Pledged (excluding rediscounts) $163,175.02 Pledged: (a) Against LT. S. government and postal savings deposits $ 5,000.00 (h) Total Pledged $ 5,000.00 State of Utah, County of Beaver: J. C. SMITH, being first duly sworn according to law, deposes and says, that he is Cashier of the above named bank and that the above and foregoing fore-going report contains a full, true and correct statement of the condition of the said bank at the close of business on the 29th day of September, 1934. J. C. SMITH Subscribed and sworn to before me this 9th day of October, 1934. S. G. HICKMAN, Notary Public (Seal) Residing at Milford, Utah. My commission will expire June 3, 1938. Correct Attest: George Jefferson, Harold Cline, Sam Cline, Directors. State of Utah, Office of Bank Commissioner I, John A. Malia, 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 October 11, 1934. JOHN A. MALIA, Bank Commissioner |