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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, 1937. ASSETS Loans and discounts $292,787.18 Overdrafts 951.70 United States Government obligations, direct andor fully guaranteed 36,113.19 Banking house, $6,797.24; Furniture and fixtures, $1,559.82 8,357.06 Real estate owned other than banking house 2,578.24 Cash, balances wibh other banks, and cash items in process of collection 105,967.69 Other assets 1,253.62 '-7j TOTAL $448,008.68 LIABILITIES Demand deposits of individuals, partnerships, and corporations corpora-tions $198,413.81 Time deposits of individuals, partnerships and corporations corpora-tions 85,520.91 State, county, and municipal deposits 93,272.00 United States Government and postal savings deposits 1,752.40 Total of items 14 to 18 inclusive: Not secured by the pledge of loans andor investments $378,959.12 Total Deposits $378,959.12 Capital account: Capital notes and debentures: (1) Sold to Reconstruction Finance Fin-ance Corporation $ 17,000.00 Common stock, 250 shares, par $100.00 per share 25,000.00 $ 42,000.00 (Surplus 18,000.00 Undnvnded profits net 6,205.56 Reserves for contingencies 1,200.00 Retirement fund for preferred stock or capital notes and debentures 1,644.00 Total Capital Account 69,049.56 TOTAL, Including Capital Account $448,008.68 State of Utah, County of Beaver: J. C. SMITH, being first duly 6worn 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, 1937. J. C. SMITH Subscribed and sworn to before me this 8th day of January, 1938. Gladys Coleman, Notary Public (Seal) Residing at Milford, Utah. My commission will expire August 21, 1938. ' Correct attest: Harold Cline, Sam Cline and George Jefferson, Directors. v 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 companv, filed in mv office on Januarv 12, 1938. RULON F. STARLEY, Bank Commissioner. |