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Show REPORT OF CONDITION Of the Milford State Bank of Milford, and Its Beaver City Branch of Beaver, In the Stale of Utah AT THE CLOSE OF BUSINESS ON JUNE 30. 1945 ASSETS 1. Loans and discounts (including $1,378.70 overdrafts)....? 534,283.85 I. United States Government obfeations, direct and guaranteed 709,619.19 a. Obligations of States and political subdivisions ' 10,000.00 6. Cash, balances with other banks, including reserve balances, and cash items in process of collection.... 540,782.60 7. Bank premises owned $2,973.24, furniture and fixtures $1,119.07 .: 4,092.31 11. Other assets 31.50 12. TOTAL ASSETS .$1,798,809.45 LIABILITIES 13. Demand deposits 0f individuals, partnerships, and cor- porations $ 925,401.35 14. Time deposits of individuals, partnerships, and cor- porations 512,637.46 15. Deposits of United States Government (including postal savings) 138,703.37 16. Deposits of State and political subdivisions 106,332.00 18. Other deposits (certified and officers' checks, etc.).... 12,922.41 19. TOTAL DEPOSITS .. $1,695,996.59 23. Other liabilities 488.14 24. TOTAL LIABILITIES (not including subordi nated obligations shown below) $1,696,484.73 CAPITAL ACCOUNTS 25. Capital $ 31,300.00 26. Surplus 45,000.00 27. Undivided profits 5,125.04 28. Reserves (and retirement account for preferred capi tal 20,899.68 29. TOTAL CAPITAL ACCOUNTS $ 102,324.72 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $1,798,809.45 This bank'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 assets (and securities loaned) (book value): (a) U. S. Government obligations, direct and guaranteed, guaran-teed, pledged to secure deposits and other liabilities liabil-ities $ 140,000.00 (e) TOTAL $ 140,000.00 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 above and foregoing report .contains a full, tme and correct statement state-ment of the condition of the said bank at the close of business on the 30th day of June, 1945. J. C. SMITH Subscribed and sworn to before me this 6th day of June, 1945. Norma White, Notary Public (Seal) Residing at Milford, Utah. My commission expires September, 1945. Correct Attest: George Jefferson, Sam Cline and Harold Cline. Directors. State of Utah. Office of Bank Commissioner I. J. M. KNAPP, 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 company, filed in my office on July 9, 1945. J. M. KNAPP, Bank Commissioner |