OCR Text |
Show REPORT OF CONDITION Of the Milford State Bank of Milford, and Its Beaver City Branch of Leaver, In the Stale of Utah AT THE CLOSK OF liL'.-'IXi-.S.S ON JL'NE 80, VM'-i ASSETS 1. Loans and discounts (incluiiii.j; $-.(;.47 overdrafts) .. ..J-'iM,010.2l 2. United htatta Government oM. gallons, direct and guaranteed 315,2&tf.75 C. Catn, balances with other hunks, including reserve balances, and cash ilema in process of collection 449,410.40 7. Bank premises owned furniture and fixture 5,326.69 8. Real estate owned other than tank premises 186.90 11. Olher assets 400.00 12. TOTAL ASSETS $1,155,624.01 LIABILITIES I. 'i. Leniand deposits of individuals, partnerships, and cor porations $632,959.52 II. Time deposits of individuals, partnerships, and cor porations 257,914.71 15. Deposits of United StaU s Ciovi n.ment (including postal savings) 79,935.88 16. Deposits 0f States and political subdivisions 75,778.00 iH. iCthfo- dip;Mts (certified and ol'1'icti' checks, etc.) .... 17,007.53 1!). TOTAL DEPOSITS $1,003,595.64 23. Other liabilities 659.18 21. TOTAL LIABILITIES (not including subordinated obligations shown below) $1,064,154.89 CAPITAL ACCOUNTS 25. Capital $ 81,300.00 26. Surplus 38,000.00 27. Undivided profits 7,232.85 2X. Reserves (and retirement account for preferred capital) capi-tal) 14,936.34 29. TOnL CAPITAL ACCOUNTS 91,469.19 3(1. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $1,155,624.01 This hank's capital consists of $6,300.00 of capital notes and debentures; de-bentures; and common stock with total par value of $25,000.00. MEMORANDA 31. Pledged asseus land securities loaned) (book vahie) : (a) U. S. Crovernment obligations, direct and guaranteed, guaran-teed, pledged to secure deposits and other liabilities liabil-ities $150,000.00 TOTAL $150,000.00 State of Utah, C unty 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 30th day of June, 1943. J. C. SMITH StilbstTibexl and sworn to before me this 6th day of July, 1943. Norma White, Notary Public (Seal) Residing: at Milford, Utah. My commission expires September 1, 1945. Correct. Attest: Ceorge Jelfferson, Harold Cline and Sfam Cline. Directors. State of Utah, Office of Bank Commissioner I, J. M. Knapp, Chief Examiner of the Banking Department 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 July 19, 1943. J. M. KNAPP, Qhief Examiner |