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Show REPORT OF CONDITION OF MILFORD STATE BANK OF MILFORD, !N THE STATE OF UTAH AT THE CLOSE OF BUSINESS ON DECEMBER 31, 1934 ASSETS Loans and discounts - $181,689.76 Overdrafts - 2,088.51 United States Government securities, direct and fully guaranteed - 24,313.87 Other bonds, stocks, and securities 2,550.47 Banking house, $7,735.24; Furniture and Fixtures, $1,280.46 9,015.70 Real estate owned other than banking house 8,401.74 Cash in vault and balance with other banks 92,993.81 Outside checks and other cash items 1,145.30 Other assets .' 573.13 TOTAL ASSETS $322,772.29 LIABILITIES i Demand deposits, except United States Government deposits, de-posits, public funds and deposits of other banks $143,598.81 Time deposits, except postal savings, public funds and deposits de-posits of other banks 56,132.23 . Public funds of states, counties, school districts, or other subdivisions or municipalities 60,898.87 United States Government and postal savings deposits 7,446.29 ' Deposits of other banks, including certified and cashiers' ! checks outstanding 4,460.57 i Total: ; (a) Secured by pledge of loans andor in- ; vestments $ 7,446.29 (b) Not secured by pledge of loans andor in- vestments 265,090.48 ; (c) Total Deposits $272,536.77 j Other liabilities 299.60 j Capital account: Common stock, 250 shares, par $100.00 per share $ 25,000.00 Capital debentures 17,500.00 Undivided profits net 7,435.92 Total Capital Account 49.935.92 TOTAL LIABILITIES $322,772.29 Memorandum: Loans and Investments Pledged to Secure Liabilities United States Government securities $ 5,000.00 Total Pledged (excluding rediscounts) $ 5,000.00 j Pledged: , (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 i 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 31st day of December, 1934. - Subscribed and sworn to before me this 14th day of January, 1935. S. G. Hickman, Notary Public ! (Seal) Residing at Milford, Utah. My commission will expire June 3, 1938. I Correct Attest: J. C. Smith, A. R. Hamilton, Harold Cline, Di-! Di-! rectors. ' State of Utah, Office of Bank Commissioner i I, John A. Malia, Bank Commissioner of the State of Utah, do l hereby certify that the foregoing is a true and correct copy of the i statement of the above named company, filed in my office on January 16, 1935. J. A. MALIA, Bank Commissioner |