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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 JUNE 30, 1939 ASSETS 1 1. Loans and discounts (including $103.59 overdrafts) $317,966.09 2. United States Government . obligations, direct and guaranteed 36,113.19 3. Obligations of States and political subdivisions 29,000.00 6. Cash, balances with other banks, including reserve ibalance, and cash items in process of collection 121,908.16 7. Bank premises owned $5,797.24, furniture and fixtures $1,239.37 7,036.61 8. Real estate owned other than bank premises 6,285.48 10. Customers' liability to this bank on acceptances outstanding out-standing , 552.86 12. TOTAL ASSETS $518,862.3y LIABILITIES 13. Demand deposits of individuals, partnerships, and cor porations $222,724.14 14. Time deposits of individuals, partnerships, and corpora tions 134.203.S0 15. Deposits of United States Government (including postal savings) '. 3,6S6.50 16. Deposits of States and political subdivisions 79,586.38 19. TOTAL DEPOSITS $440,200.88 23. Other liabilities 1,608.80 24. TOTAL LIABILITIES (not including sub. rdinated obligations shown below) - i?441,8(i!).68 CAPITAL ACCOUNT 25. Canital $ 42.000.00 26. Surplus 24,000.00 ; 27. Undivided profits 5,612.24 i 28. Reserves (and retirement account for preferred ! capital) ; 5,380.47 1 29. TOTAL CAPITAL ACCOUNTS 76,992.71 1 I 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $518,802.39 I This bank's capital consists of $17,000.00 cf capital notes and de- 1 bentures; and common stock with total par value of $25,000.00. j 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 j of the condition of the said bank at the close of business on the j 30th dav of June, 1939. i J. C. SMITH t Subscribed and sworn to before me this 13th day cf July, 1939. : Lee Smithson, Notary Public j (Seal) Residing at Milford, Utah. My commission will expire April 28, 1942. Correct attest: George Jefferson, J. C. Smith and A. R. Hamilton, Directors. Slate of 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 if the statement of the above named company, filed in mv office on Julv 14,1 1939. ' ' I J. M. KNAPP, Chief Bank Examiner |