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Show REPORT OP THE CONDITION OF THE BME OF PLEASANT IiVE OF PLEASANT GROVE IN THE STATE OF UTAH AT THE CLOSE OF BUSINESS ON DEC. 31, 1951 ASSETS Cash, balances with other banks, including- reserve balances, and cash items in process of collection $ 681,744.37 United States Government obligations, direct and guaranteed 887,372.00 Obligations of States and political subdivisions 34,500.00 Corporate stocks (including $00 stock of Federal Reserve Bank) 199.08 Loans and discounts (including $491.62 overdrafts) 949,019.59 Bank premises owned $3,454.77, furniture and fixtures $4,202.01 7,656.78 Real Estate owned other than bank premises 11,496.60; Other assets 618.68 TOTAL ASSETS 2,572,607.10 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,069,129.88 Time deposits of individuals, partnerships and corporations 1,114,144.23 Deposits of United States Government (including postal savings) 53,213.63 Deposits of States and political subdivisions 159,744.80 Other deposits (certified and officers' checks, etc.) . 14,849.11 TOTAL DEPOSITS $2,411,081.65 Other liabilities 57669.28 TOTAL LIABILITIES (not including subordinated obligations shown below) 2,415,750.93 CAPITAL ACCOUNTS Capital 50,000.00 Surplus 100,000.00 Undivided profits 6,856.17 TOTAL CAPITAL ACCOUNTS 156,856.17 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 2,572,607.10 This bank's capital consists of: Common stock with total par value of $50,000.00 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes 150,000 00 Loans as shown above are after deduction of reserves of 53,046.43 STATE OF UTAH County of Utah Junius A. West, being first duly sworn according to law, deposes & says that he is Vice President and Cashier of the above named bank and that the above and foregoing report contains a full, true and correct statement state-ment of the condition of the said bank at the close of business on the 30th day of June, 1951. JUNIUS X. WEST I Subscribed and sworn to before me this 8th day of January, 1952 , Kay L. Jacobs, Notary Public (Seal) Residing at Pleasant Grove, Utah My commission expires July 15, 1952 Correct Attest: H. V. SWENSON C. J. COEELEY KEITH H. JACOBS LEWIS E. OLPIN JOS. T. ALLEN Directors STATE OF UTAH I Office of Bank Commissioner I I, Louis S. Latham, Bank Commissioner of the State of Utah, do 1 hereby certify that the foregoing is a true and correct copy of the statement of the above named company, filed in my office on Jan. 10, 1952. LOUIS S. LEATHAM Bank Commissioner |