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Show REPORT OF CONDITION Of the Milford State Bank of Milford, and the Beaver City Branch of Beaver, In the State of Utah AT THE CLOSE OF BUSINESS ON JUNE 30, 1941 ASSETS 1. Loans and discounts (Including $1,242.25 overdrafts). ...5371,496. 73 2. United States Government obligations, direct and guaranteed 31,000.00 3. Obligations of States and political subdivisions 2,000.00 4. Other bonds, notes, and debentures (105.00 6. Cash, balances with other banks, including reserve balances, and cash items in process of collection 273,563.19 : 7. Bank premises owned $4,907.24, furniture and fixtures 51,259.51 6,166.75 ' 8. Real estate owned other than bank premises 1,670.72 11. Other assets 64.76 ! 12. TOTAL ASSETS - $687,145.15 LIABILITIES 13. Demand deposits of individuals, partnerships, and cor porations $310,961.2; 14. Time deposits of individuals, partnerships, and corpor- 1 ations 170,784.65 , 15. Deposits of United States Government (including postal savings) 4,660.45 16. Deposits of State and political subdivisions 99,095.0C 18. Other deposits (certified and officers' checks, etc.) 10.293.2E . 19. TOTAL DEPOSITS $595,794.63 23. Other liabilities 3,088.6 24. TOTAL LIABILITIES (not including subordinated obligations shown below) $598,8S3.3S i CAPITAL ACCOUNTS : 25. Capital $ 39,000.00 : 26. Surplus - - 31,000.0( 27. Undivided profits .. 11,061.8: 2?. Reserves (and retirement account for preferred capi-j capi-j tal) 700.0C 29. TOTOL CAPITAL ACCOUNTS 88,261.8! 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $687,145.1! j This bank's capital consists of $14,000.00 of capital notes and de j bentures; and common stock with total par value of $25,000.00. State of Utah, County of Beaver: I J. C. SMITH, being first duly sworn according to law, depose ' and says, that he is Cashier of the above named bank and that th ; above and foregoing report contains a full, true and correct statemen of the condition of the said bank at the close of business on th 30th day of June, 1911. J. C. SMITH, Subscribed and sworn to before me this 8th day of July, 1941. ' Lee Smithson, Notary Public i (Seal) Redding at Milford, Utah. My commission will expir ' April 2H, 1942. I Correct Attest: Harold Cline, George Jefferson and Sam Cline Directors. i State of Utah, OfTice of Bank Commissioner I, Union F. Starley, Hank Commissioner of the State of Utali ; do hereby certify that the foregoing is a true and correct copy of th statement of the ubove named company, filed in my office on Jul j 10, 1940. RULON F. STARLEY, ' Bank Goinnil3lot; I |