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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 OCTOBER 28, 1970 - , . ASSETS Cash and due from banks (including $ unposted debits) $ 933,429.04 U.S. Treasury securities 2 887 639.82 Securities of other U.S. Government agencies and corporations 596,968.75 Obligations of States and political subdivisions 948,435.70 Federal funds sold and securities purchased under agreements to resell 300,000.00 Other loans 5,830,595.69 Bank premises, furniture and fixtures, and other assets representing bank premises 182,729.91 Investments in subsidiaries not consolidated 11 1,23 1.84 Customer's liability to this bank on acceptances outstanding 13J 52.42 TOTAL ASSETS $1 1,804,183.17 LIABILITIES Demand deposits of individuals, partnerships, and corporations 3,297,064.82 Time and savings deposits of individuals, partnerships and corporations 5 643 332.13 Deposits of United States Government Z" 101088!29 Deposits of States and political subdivisions 1,324'325!39 Deposits of commercial banks ' 75,000.00 Certified and officers' checks, etc. 114 493 11 TOTAL DEPOSITS $ 1 0,5 5 53 03 ."74 " ' ' (a) Total demand deposits $ 3,735,171.61 (b) Total time and savings deposits $6,820,132.13 Other liabilities 109 728 58 TOTAL LIABILITIES 1 0,665',032732 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) 263,888.24 TOTAL RESERVES ON LOANS AND SECURITIES 263,88824 CAPITAL ACCOUNTS Equity Capital, total sum of next three items below 823,262.61 Common stock - total par value 100,000.00 (No. shares authorized 2,000) (No shares outstanding 2,000) Surplus 500,000.00 Undivided profits 223,262.61 TOTAL CAPITAL ACCOUNTS I 823262161 TOTAL LIABILITIES, RESERVES & CAPITAL ACCOUNTS $11,804,183.17 MEMORANDA Average of total deposits for the 1 5 colendar days ending with call date 10,398,394.00 Average of total loans for the 15 calendar days ending with call date 5,891,457.00 Unearned discount on instalment loans included In total capital accounts 109,228.58 I, Keith R. Anderson, Cashier 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. STATE OF UTAH ) KEITH R. ANDERSON County of Utoh ) ss Sworn to and subscribed before me this 9th day of November, 1970. W. E. Petersen, Notary Public Correct - Attest: RICHARD WELLS J. TAYLOR ALLEN KAY L. JACOBS Directors STATE OF UTAH Department of Financial Institutions I, C. B. Quinn, Chief Examiner, 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 November 10, 1970. C. B. QUINN Chief Examiner |