Ogden Standard-Examiner | 1921-02-02 | Page 6 | Utah National Deposits for 1920 Increases

UTAH NATIONAL DEPOSITS FOR 1KBEASE Continuous Climb of Large Institution In-stitution Is Shown By Comparison Com-parison of Reports. FOUR MILLIONS ARE BANKS' RESOURCES Financial Leaders on Board With M. S. Browning as President of Bank. Climbing with considerable rapidll) during the past year, the l.'tah National Na-tional bank on December 29, 1 320. showed deposits of 12,699,411.61 as I compared with $2,090,033 on the the same date in 1919 and $I.S00.6.'!S the year previous, in fact, the growth jdf this lank since L915 has been rapid, for In thai yiar the deposits were )$S20,364 on December 29 and then-has then-has been an increase each year since that time. Nearly two million dollars In deposits was added durlnjr the five-year five-year period Stability of the bank is shown by Ihe splendid resou.ies. the total of thes.- amounting to $3.89o,- Dlrectors of the bank's affairs are some of the leading men of Ogden The officers are M S Browning, president pres-ident Warren I Watt, active vice president,- Charles F. Kaiser, vice president; A. v. .Mcintosh, cashier, and William 11. Loos, assistant ash ler The directors are M. S Browning. Brown-ing. David C. Kccles W. H Wattis, John M. Browning. Joseph Scpwcroft, I Charles B. Kaiser. W. J Parker. Warren War-ren T.. Wattis. William F. Burton. W j 11 Harris, Dr Bsra C Rich, James II Douglas. Chapln A. Day and F W CahnadJ This list of names shows the won-Iderful won-Iderful diversity of interests repre- sented by this one bank, for its dl- (rectors are men who are interested In jsugar manufacture, coal mining, lum-jberlngi lum-jberlngi railroads and railroad con- jstructlon, electric railroad system. s manufacture of clothing, Irrigation.! copper mining, land' and livestock in-estnicnts. in-estnicnts. farming and nearh all' otheis of the principal industries of the state and the west One of the J director's is John M Browning, whose recent achievements In the (mention I ol new machine kmiis made him the 1 "man backing the arm) Another.! D. C. Eccles, not only Interested in; mans Utah corporations, but Is the. .head of two of the greatest lumbering concerns of the west. Anticipation that there will be heavy business for the company and that its growth will be continuous Is expressed b the stockholders and the! directors of the baik The further' 'success of the bank seems In abso-; ilutely safe hands in the strong mem-1 bershlp of the directorate and the se- Tho Utah National nank was found-'co found-'co in is : lis growth was very gradual until about 1914, and In 1910 i; deposits for the first time Passed the million-dollar mark Since that time the growth has been rapid, one ,,' tn comments made by the bank officials being that 'We grow with I ?den." 00