OCR Text |
Show REPORT OF CONDITION Of the Milford State Bank of Milford, and the Bearer City Branch of Beaver, In the State of Utah AT TOLL' CLOSE OF BUSINESS ON DECEMBER 30, 1939 ASSETS k"ns and discounts (including $255-95 overdrafts) $300 656.34 ' Obligations of States and political subdivisions 3111819 4. Other bonds, notes, and debentures 2s!350 M 6. Cash, balances with other banks, including 'reserve' ' balance, and cash items in process of collection .... 252 453 73 7. Bank premises owned $5,797.24, furniture and fixtures 41,23U.37 7.0SS.61 8. Kcal estate cwr.cd other than bank premises 6 266 80 11. Other assets Z.Z.ZZ". 'lS5M 12. TOTAL ASSETS 8623,306.53 LIABILITIES 13. Demand deposits of individuals, partnerships, and cot- porations $36404.42 14. lime deposits ci individuals, partnerships, and corporate corpora-te t ons . - - 142,00052 16. Deposits of Lnitcd States Government (including postal saving's) a 4,447.46 16. Deposits cf States and political subdivisions 106,741-94 18. Other deposits (certified and officers' checks, etc) " 4405 37 19. TOTAL DEPOSITS $542,199.71 23. Other liabilities l(l4gJB7 24. TOTAL LIABILITIES (not including subordinated' obligations shown beJow) -..$543,348.58 CAPITAL ACCOUNT 25. Capital ; j 40,000.00 Surplus 28,000.00 27. Undivided profits ., 8,422.48 38. Reserves (and retirement account for preferred "Pl) - 3,535,47 29. TOTAL CAPITAL ACCOUNTS 79,957.95 30. TOTAL LIABILITIES and CAPITAL ACCOUNTS $68306.53 This bank's capital consists of $15,000.00 of capital note and debentures; de-bentures; and common stock with total par valu 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 th above and foregoing report contains a full, true and correct statement i th condition of the said bank at the close of business on tha 80th day of December, 1939. J. C. SMITH Subscribed and sworn to before me this 5th day of January, 1940. Lee Smithson, Notary Public (Seal) Residing at Milford, Utah. My commission will expir AprU 38. 1942. Correct attest: Gecrge Jefferson, Harold Cline and Sam CUe, Directors. Stat of Utah, Office of Bank Commissioner I, Rulon F. Starley, Bank Commissioner of the State of Utafc, do hereby certify that the foregcing is a true and correct copy of the statement of the above named' company, filed in my office on January 10, 1940. RULON F. STARLEY, Bank Commissioner |