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Show REPORT OF CONDITION OF MILFORD STATE BANK OF MILFORD. IN THE STATE OF UTAH AT THE CLOSE OF BUSINESS ON' DECEMBER 31, 1935 ASSETS Loans and discounts ?213,214.23 Overdrafts , 529.3-1 United States Government obligations, direct andor fully guaranteed 35,750.84 Other bonds, stocks, and securities 2,325.93 Banking house, $7,547 24; Furniture and Fixtures, $1,030.46.. 8,577.70 Real estate owned other than banking house 6,231.00 Cash in vault and balance with other banks 118,709.36 Outside checks and other cash items 54S.21 Other assets 1,468.20 TOTAL ASSETS $387,300.81 LIABILITIES Demand deposits, except United States Government deposits, de-posits, public funds and deposits of other banks $163,632.61 Time deposits, except postal savings, public funds and deposits de-posits of other banks 55,230.91 Public funds of states, counties, school districts, or other subdivisions or municipalities 66,217.00 United States Government and postal savings deposits 379.12 Deposits of other banks, including certified and cashiers' checks outstanding 38,698.87 Total of items 1 to 5: (a) Secured by pledge of loans andor investments in-vestments 379.12 (b) Not secured by pledge of loans andor investments in-vestments - 323,779.39 (c) Total Deposits $324,158.51 Obligations on industrial advances transferred to the F. R. B. None Other liabilities - 2,200.00 Capital account: Common stock, 250 shares, par $100 per share $ 25,000.00 Capital debentures - 17,500.00 Undivided Profits net 13,046.67 Reserves for contingencies - - 5,455.63 Total Capital Account 61,002.30 TOTAL LIABILITIES $387,360.81 Memorandum: Loans and Investments Pledged to Secure Liabilities United States Government obligations, direct andor fully guaranteed ? 5,000.00 ' Total Pledged (excluding rediscounts) $ 5,000.00 Pledged: i . i : (a) Against United States Government and postal savings sav-ings 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 report contains a full, true and correct statement of the condition of the said bank at the close of business on the 31st day of December, 1935. J. C. SMITH Subscribed and sworn to before me this 13th day of January, 1936. " S. G. Hickman, Notary Publio (Seal) Residing at Milford, Utah. My commission will expire June 3, 1988. Correct Attest: Harold Cline, A. R. Hamilton, J. C. Smith, Directors. Di-rectors. State of Utah, Office of Bank Commissioner I, Rulon F. Starley, 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 January 15, 1936. R. F. STARLEY, Bank Commissioner |