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Show REPORT OF CONDITION Of the Milford State Bank of Milford, and the Beaver City Branch of Beaver, In the Stale of Utah AT THE CLOSE OF BUSINESS ON MARCH 26, 1940. ASSETS 1. Loans and discounts (including $252.00 overdrafts) $308,613.57 i. United States Government obligations, direct and Iguaraijteed 31 hq c, 3. Obligations of States and political subdivisions " , lo'347 00 6. Cash, balances with other banks, including reserve balances, and cash items in process of collection .. . 183 596 01 7. Bank premises owned $5,297.24, furniture and fixtures 151,071.84 6,869.0(8 8. Real estate owned other than bank premises 8' 716 15 11. Other assets 43161 12. TOTAL ASSETS .$549,190.01 LIABILITIES 18. Demand deposits of individuals, partnerships, and cor- porations ... ..... $291,639.27 14. lime deposits of individuals, partnerships, and corporations corpora-tions -gi 762.77 16. Deposits of United States Government (including postal savings) ; 4yS51.76 18. Other deposits (certified and, officers' checks, etc.) 6 930 06 09. TOTAL DEPOSITS $465,183.85 23. Other liabilities 1,255.58 24. TOTAL LIABILITIES (not including subordinated obligations shown below) $466,439.43 I CAPITAL ACCOUNT 25. Capital $ 49,000.00 26. Surplus 80,000.00 27. Undivided profits 5,116.07 28. Reserves (and retirement account for preferred capital) - , 7634.51 29. TOTAL CAPITAL ACCOUNTS 82,750.58 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $549,190.01 This bank's capital consists of $15,000.00 of capital notes and debentures; de-bentures; and common stock with total par value of $25,000.00. 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 report contains a full, true and correet statement of the condition of the said bank at the close of business on the 26th day of March, 1940. J. C. SMITH Subscribed and sworn to before me this 4th clay of April, 1940. Sam Cline, Notary Public (Seel) Residing at Milford, Utah. My commission will expire April 1, 1943. Correct attest: Harold Cline, George Jefferson and J. C. Smith, Directors. State ef Utah, Office of Bank Commissioner I, J. M. Knapp, Chief Bank Examiner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of the above named companv, filed in mv office on April 10, 1940. J. M. KNAPP, Chief Bank Examiner |