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Show REPORT OF CONDITION Of the Milford State Bank and the Beaver City Bank Branch of Milford and Beaver, in the State of (Utah AT THE CLOSE OF BUSINESS ON MARCH 7, 1938. ASSETS Loans and discounts $269,199.73 Overdrafts 987.54 United States Government obligations, direct andor fully guaranteed 36,113.19 Other bonds, stocks, and securities 2,511.15 Banking house, $6,297.24; Furniture and fixtures, $1,309.82 7,607.06 Real estate owned other than banking house 1,186.20 Cash, balances with other banks, and cash items in process of collection 125,264.93 Cash items not in process cf collection 795.92 Other assets 1,016.50 TOTAL 4444,682.22 LIABILITIES Demand deposits of individuals, partnerships, and corporations corpora-tions $197,016.93 Time deposits of individuals, partnerships and corporations corpora-tions 91,270.65 State, county, and municipal deposits 87,355.64 United States Government and postal savings deposits 1,886.01 Total of items 14 to 18 inclusive: Not secured by the pledge of loans andor investments $3775293 Total Deposits $377,529.23 Interest, taxes, and other expenses accrued and unpaid 310.51 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 Undivided profits net 2,253.90 Reerves for contingencies 2,944.58 Retirement fund for preferred stock or capital notes and debentures 1,644.00 Total Capital Account 6C.842.4K TOTAL, Including Capital Account $144,682.22 State of Utah, County of Braver: J. C. SMITH, being first duly sworn according to law, depose and says, that he is Cashier of the above named bank and that the above and foregoing report contains a full, true and correct utatemenl of the condition of the said bank at the close of business on th 16th day of March, 1938. J. C. SMITH Subscribed and sworn to before me this 16th day of March, 1938. 'Gladys Coleman, Notary Public (Seal) Residing at Milford, Utah. My eommiion will expire Aug-uBt 21, 1938. Correct attt: Sam Cline, A. R. Hamilton and Harold Cline, Directors. State of Utah, Offire of Hank Commissioner I Rulon F. Starb y, Hank C'ommlsiiloner of the State of Utah, do horeb'y cortify that the foregoing Is a true and correct copy of the ntiil.wTd of the aXove named company, filed In my office on March U' Vm' RULON F. STARLEY, Bank Commissioner |