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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 SEPT. 30, 1971 ASSETS Cash and due from bonks including $50,125.05 unposted debits) $ 772,819.63 U.S. Treasury securities : 2,365,948.48 Securities of other U.S. Government ogencies and corporations 1 ,203,03 1 .25 Obligations of States ond political subdivisions 896,349.59 Other securites (including $ corporate stocks 3,854.09 Federal funds sold and securities purchased under agreements to resell - 800,000.00 Other loons - - 6,917,462.94 Bank premises, furniture and fixtures, and other assets representing bank premises . 173,989.08 Real estate owned other than bank premises 196,019.52 Other assets 12,158.12 TOTAL ASSETS - $13,431,632.70 LIABILITIES Demand deposits of Individuals, partnerships, and corporations 4,010,302.88 Time and savings deposits of individuals, partnerships and corporations 6,319,801.89 Deposits of United States Government 255,829.01 Deposits of States and political subdivisions 1,189,346.30 Deposits of commercial banks 75,000.00 Certified ond officers' checks, etc. 183,888.86 TOTAL DEPOSITS $12,034,168.94 (a) Total demand deposits $ 4,733,847.22 (b) Total time and savings deposits $ 7,300,321.72 Other liabilities 127,113.84 TOTAL LIABILITIES - - 12,161,282.78 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) 260,453.05 TOTAL RESERVES ON LOANS AND SECURITIES .260,453.05 CAPITAL ACCOUNTS Equity capital, total (sum of next three items below) 957,896.87 Common stock - total par value 100,000.00 (No. shares authorized 2,000) (No shares outstanding 2,000) Surplus 500,000.00 Undivided profits 357,896.87 TOTAL CAPITAL ACCOUNTS (. 957,896.87 TOTAL LIABILITIES, RESERVES & CAPITAL ACCOUNTS $13,431,632.70 MEMORANDA Average of total deposits for the 1 5 calendar days ending with coll date - 11,805,036.54 Average of total oant for the 1 5 calendar days ending with call dote 6,717,046.81 Unearned discount on Instalment loans included In total capital accounts 127,113.84 I, Keith R. Anderson, Vice President ond Cashier of the above named bank, do solemnly swear that this report of condition is true ond correct, to the best of my knowledge and belief. KEITH R. ANDERSON STATE OF UTAH ) County of Utah ) ss Sworn to and subscribed before me this 13th day of October, 1971. W. E. Petersen, Notary Public Correct - Attest: RICHARD WELLS KEITH H. JACOBS NEIL Y. FUGAL Directors STATE OF UTAH Department of Financial Institutions I, C. B. Quinn, Chief Examiner of Financiol Institutions, do hereby certify that the foregoing is a true and correct copy of the stotement of the obove named bank, filed In this office on October 15, 1971. C. B. Quinn Chief Exominer of Financial Institutions |