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Show REPORT OF THE CONDITION OF THE HANK OF PS.KASANT HO VIS OF PLEASANT GROVE IN THE STATE OF UTAH AT THE CLOSE OF BUSINESS ON SEPTEMBER 30, 1953 ASSETS Cash, balances with other banks, including reserve balances, and cash items in process of collection $ 533,250.99 United States Government obligations, direct and guaranteed 863,508.tb Obligations of States and political subdivisions 33,000.00 Corporate stocks (including $00 stock of Federal Reserve Bank) 1-00 Loans and discounts (including $7,312.83 overdrafts) 1,208,689.79 Bank premises owned $54,303.54, furniture and fixtures $12,096.37 66,999.91 Other Assets 2,904.05 TOTAL ASSETS 2,708,354.30 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,084,692.41 Time deposits of individuals, partnerships and corporations -- 1,292,589.70 Deposits of United States Government (including postal savings) qtbI Deposits of States and political subdivisions 80,4 97. 84 Other deposits (certified and officers' checks, etc.) 14,007.68 TOTAL DEPOSITS $2,488,634.68 Other liabilities 24,297.24 TOTAL LIABILITIES (not including subordinated ' obligations shown below) 2,512,931.92 CAPITAL ACCOUNTS CaDltal 50,000.00 Sus , 12.5,000.00 Undivided profits 20,422.38 TOTAL CAPITAL ACCOUNTS 195,422.38 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 2,708,354.30 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 25,000.00 Loans as shown above are after deduction of reserves of 65,401.34 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 September, 1953. JUNIUS A. WEST Subscribed and sworn to before me this 6th day of October, 1953. Kay L. Jacobs, Notary Public (Seal) Residing at Pleasant Grove, Utah My commission expires July 15, 1956 Correct Attest: KEITH H. JACOBS C. J. COBBLEY H. V. SWENSON Directors STATE OF UTAH Office of Bank Commissioner I, Louis S. Latham, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of the above named company, filed in my office on October 7, 1953. LOUIS S. LEATHAM Bank Commissioner |