OCR Text |
Show "HUSKY KID" ifcTiir ninw nmniiM IKtMtntMU Because it was the last bank of the city organized, the State Security bank of Ogden is sometimes referred to as "the baby bank" of tho city, but, as President T. D. Rynn puts it: "The bank has grown to be a pretty husky kid." Tho bank has shown a steady, substantial growth since its organization, organiza-tion, deposits having Increased rapidly rapid-ly and resources and undivided profits prof-its having advanced beyond expectation. expecta-tion. It is considered one of the strongest banks of the city. Tho bank was first known as tho "Security Trust & Savings bank" and near Twenty-fifth street. At the completion com-pletion of the Colonel Hudson building build-ing on Hudson avenue and Twenty-fourth Twenty-fourth street, tho bank took new and very commodious quarters there and the institution was afterwards known us the State Security bank. The name was changed in 1914, the bank having been organized In 1910. It has a capital stock of $150,000, tho surplus amounts to $30,000; undivided profits $14,740.05; $492,G85.73, the total resources re-sources amounting to $GS7,426.38. T. D. Ryan has been president of tho bank since its organization and F. J. Vicks has filled the postlon of cashier and secretary. The board of directors and stockholders are among the foremost business men of Ogiien |