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Show REPORT OF CONDITION OF BANK OF PLEASANT GROVE OF PLEASANT GROVE IN THE STATE OF UTAH 84062 AT THE CLOSE OF BUSINESS ON JUNE 30, 1970 ASSETS Cash and due from banks (including $23,861.43 unposted debits) $ 1,116,148.30 U.S. Treasury securities 1,822,371.82 Securities of other U.S. Government agencies and corporations 200,000.00 Obligations of States and political subdivisions 897,975.45 Federal funds sold and securities purchased under agreements to resell 3,000,000.00 Other loans 6,1 1 1,143,72 Bank premises, furniture and fixtures, and other assets representing bank premises 169,378.35 Real estate owned other than bank premises 112,015.51 Other assets 13,474.24 TOTAL ASSETS 13,442,507.39 LIABILITIES Demand deposits of individuals, partnerships, and corporations 2,872,056.02 Time and savings deposits of individuals, partnerships and corporations 5,423,000.98 Deposits of United States Government 91,203.94 Deposits of States and political subdivisions 3,671,992.08 Certified and officers' checks, etc. 92,593.80 TOTAL DEPOSITS $12,225,846.82 (a) Total demand deposits $ 5,916,745.84 (b) Total time & savings deposits $ 6,309,100.98 Other liabilities 106,218.77 TOTAL LIABILITIES 12,332,065.59 MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES 52,000.00 RESERVES ON LOANS AND SECURITIES Reserves for bad debt losses on loans (set up pursuant to Internal Revenue Service rulings) 263,474.82 TOTAL RESERVES ON LOANS AND SECURITIES 263,474.82 CAPITAL ACCOUNTS Equity capital, total (sum of next three items below) 794,966.98 Common stock - total par value 100,000.00 (No. shares authorized 2,000) (No shares outstanding 2,000) Surplus 450,000.00 Undivided profits 244,966.98 I TOTAL CAPITAL ACCOUNTS 794,966.98 TOTAL LIABILITIES, RESERVES & CAPITAL ACCOUNTS $13,442,507.39 MEMORANDA Average of total deposits for the 15 calendar days ending i with call date 9,917,484.00 Average of total loans for the 1 5 calendar days ending with call date 6,158,434.00 Unearned discount on instalment loans included in total capital accounts 106,218.77 I, K. L. Jacobs, President of the above named bank, do solemnly swear that this report of condition is true and correct, to the best of my knowledge and belief. K. L. JACOBS STATE OF UTAH ) County of Utah ) ss Sworn to and subscribed before me this 15th day of July, 1970. Keith R. Anderson, Notary Public Correct - Attest: CALVIN H. SWENSON KEITH H. JACOBS NEIL Y. FUGAL Directors STATE OF UTAH Deportment of Financial Institutions I, W. S. Brimhall, Commissioner of Financial Institutions, do hereby certify that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on July 20, 1970. W. S. BRIMHALL Commissioner of Financial Institutions |