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Show Report of Condition of BANK OF PLEASANT GROVE OF Pleasant Grove in the State of Utah at the Close of Business on December 31 , 1 978 ASSETS Mil. Thou Cash and due from banks 2,972 U.S. Treasury Securities 4,083 Obligations of other U.S. Government ogencies and corporations 1,606 Obligations of Stotes and political subdivisions 1 ,708 Other bonds, notes and debentures 4 Federal funds sold and securities purchased under agreements to resell in domestic offices 500 Loans, Total, (excluding unearned income) 1 6,660 Less: Reserve for possible loan losses 253 Loans, net 1 6,407 Bank premises, furniture and fixtures, ond other assets representing bank premises 716 Real estate owned other than bank premises 1 82 Other Assets 303 TOTAL ASSETS 28,481 LIABILITIES Demand deposits of individuals, partnerships, and corporations 6,635 Time and savings deposits of individuals, partnerships and corporations 15,497 Deposits of United Stotes Government 77 Deposits of States and political subdivisions 3,407 Deposits of commercial banks 149 Certified and officers' checks 365 TOTAL DEPOSITS IN DOMESTIC OFFICES 26,1 30 Total demand deposits 8,665 Totol time and savings deposits 1 7,465 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 26,130 Other liabilities 568 TOTAL LIABILITIES 26,698 EQUITY CAPITAL Common stock, No. shares authorized 2,000 No. shares outstanding, 2,000 . (par value) 100 Surplus 950 Undivided profits 733 TOTAL EQUITY CAPITAL 1,783 TOTAL LIABILITIES AND EQUITY CAPITAL 28,481 MEMORANDA Average for 1 5 or 30 calendar days ending with call date: Cash and due from banks 2,076 Federal funds sold ond securities purchased under agreements to resell 1,150 Total loans 16,315 Time deposits of 5100,000 or more in domestic offices 3,407 Total deposits 26,046 Standby letters of credit outstanding 1 09 Time deposits of SI 00,000 or more in domestic offices: Time certificates of deposit in denominations of SI 00,000 or more 3,307 I, Keith R. Anderson, Vice Pres. & Comptroller of the above-named above-named bank, do solemnly swear that this report of condition is true and correct, to the best of my knowledge and belief. Correct Attest: KEITH R. ANDERSON State of Utah, County of Utah SS: JERALD JACOBS Sworn to and subscribed before me this 1 7th KEITH H. JACOBS day of January, 1979. CALVIN H. SWENSON LaReno K. Friant, Notcry Public. STATE OF UTAH, Deportment of Financial Institutions: I, M. D. 8orthick, Commissioner of Financial Institutions, do hereby certify thot the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on Jan. 19, 1979. M. D. BORTHICK, Commissioner of Financial Institutions. |