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Show REPORT OF CONDITION OF THE Peoples State Bank OF AMERICAN FORK, IN THE STATE OF UTAH, AT THE CLOSE OF BUSINESS ON DECEMBER 31, 1938 ASSETS Loans and discounts (including $192.79 overdrafts) $341,239.92 United States Government obligations, direct and guaranteed.... 3,475.00 Obligations of State and political subdivisions 2,500.00 Other bonds, notes, and debentures 3,317.00 Corporate stocks (including no stock of Federal Reserve bank) 4,929.97 Cash, balances with other banks, including reserve balance, and cash items in process of collection 130,749.75 Bank premises owned $9,200.00, furniture and fixtures $2,756.00.... 11,956.00 Real estate owned other than bank premises 3,588.87 Investments and other assets indirectly representing bank premises or other real estate 8,130.00 Other assets 379.60 TOTAL ASSETS $510,266.11 LIABILITIES Demand deposits of individuals, partnerships, and corporations $157,010.64 Time deposits of individuals, partnerships, and corporations 202,059.28 Deposits of State and political subdivisions 68,025.14 Deposits of banks 5,000.00 Other deposits (certified and officers' checks, etc.) 7,872.21 TOTAL DEPOSITS $439,967.27 TOTAL LIABILITIES (not including obligations shown in item 33) $439,967.27 CAPITAL ACCOUNT Capital $ 48,000.00 Undivided profits 16,137.84 Reserves (and retirement account for preferred capital) 6,161.00 TOTAL CAPITAL ACCOUNT $ 70,298.84 TOTAL LIABILITIES AND CAPITAL ACCOUNT $510,266.11 This bank's capital consists of $48,000.00 of capital notes and debentures; and common stock with total par value of $25,000.00. (Capital supported by debentures) STATE OF UTAH, County of Utah Edith Thornton, being first duly sworn according to law, deposes and says, that she is Assistant Cashier of the above named bank and that the above and foregoing report contains a full, true and correct statement of the condition of the said bank at the close of business on the 31st day of December, 1938. EDITH THORNTON Subscribed and sworn to before me this 7th day of January, 1939. (Seal) CLYDE P. CROOKSTON, Notary Public. Residing at American Fork, Utah. My commission will expire August 4, 1939. Correct Attest: Jos. H. Storrs, Clifford E. Young, Hans Christensen, Directors STATE OF UTAH Office of Bank Commissioner I, Rulon F. Starley, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy, of the statement state-ment of the above named company, filed in my office on January 11, 1939. RULON F. STARLEY, Bank Commissioner |