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Show REPORT OF CONDITION OF BANK OF PLEASANT GROVE OF PLEASANT GROVE IN THE STATE OF UTAH 84062 4T THE CLOSE OF BUSINESS ON DEC. 31, 1973 ASSETS Cash and due from banks (including $95,467.19 unposted debits) 1,605,444.96 U.S. Treasury securities 1,874,883.15 Obligations of other U.S. Govemmerit agencies and corporations 995,031.25 Obligations of States and political subdivisions 1,503,363.92 Other securities (including $none) corporate stocks) 203,854.09 Federal funds sold ond securities purchased under agreements agree-ments to resell - 900,000.00 Other loans 9,634,583.30 Bank premises, furniture and fixtures, and other assets representing bank premises 173,680.69 Real estate owned other than bonk premises 389,163.86 Other assets - 18,130.29 TOTAL ASSETS - 17,298,135.51 LIABILITIES ' Demand deposits of Individuals, partnerships and corporations 5,259,776.35 Time and savings deposits of individuals, partnerships, and corporations 8,108,820.10 Deposits of United States Government 119,658.46 Deposits of States ond political subdivisions 1,786,198.58 Deposits of commercial banks 75,000.00 Certified and officers' checks, etc. 107,818.59 TOTAL DEPOSITS $15,457,272.08 (a) Totol demand deposits $ 5,968,358.57 (b) Total time and savings deposits $ 9,488,913.51 Other liabilities - 289,126.89 TOTAL LIABILITIES 15,746,398.97 MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES 52,000.00 RESERVES ON LOANS AND SECURITIES Reserves for bad debt losses on loans (set up pursuant to IRS rulings) 236,358.13 TOTAL RESERVES ON LOANS AND SECURITIES 236,358 CAPITAL ACCOUNTS Equity capital, total (sum of next 3 items below) 1,263,378.41 Common stock - total par value 1 00,000.00 Surplus , 700,000.00 (No. shares authorized 2,000) (No. shares outstanding 2,000) Undivided profits 463,378.41 TOTAL CAPITAL ACCOUNTS 1,263,378.41 TOTAL LIABILITIES, RESERVES & CAPITAL ACCOUNTS 17,298,135.51 MEMORANDA Average of total deposits for the 15 calendar days ending with coll date 15,257,001.00 Average of total loans for the 15 calendar days ending with call date 9,604,539.00 Unearned discount on Instalment loans Included In i copital accounts 175,526.89 I, Keith R. Anderson, Vice President & Cashier of the above named bonk, do solemnly swear that this report of condition Is true and correct, to the best of my knowledge and belief. KEITH R. ANDERSON STATE OF UTAH ) County of Utah ) is. Sworn to and subscribed before me this 7th day of Januory, 1974. HAL ALLEN, Notary Public Correct Attest: RICHARD WELLS CALVIN H. SWENSON KAY L JACOBS Directors STATE OF UTAH Department of Financial Institutions I, W. S. Brimhall, Commissioner of Financial Institutions, do hereby certify that the foregoing is a true ond correct copy of the statement of the obove named bank, filed in this office on January 10, 1974. W. S. BRIMHALL, Commissioner of Financial Institutlora |