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Show REPORT OF THE CONDITION OF THE BANK OF PLEASANT GROVE OF PLEASANT GROVE IN THE STATE OF UTAH AT THE CLOSE OF BUSINKSS ON OCTOBER 7, 195-1 ASSLTS Cash, balances -with other banks, including reserve balances and cash items in process of collection $ 382,026.95 United States Government obligations, direct and guaranteed 1 916,775.00 Obligations of States and political subdivisions 32,000.00 Corporate stocks (including $00 stock of Federal Reserve Bank) 1.00 Loans and discounts (including $23,283.07 overdrafts) 1,549,277.37 Bank premises owned $94,731.06, furniture and fixtures $28,788.23 123,519.29 Other assets 1,589.20 TOTAL ASSETS 3,005,188.81 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,156,723.45 Time deposits of individuals, partnerships, and corporations 1,484,685.71 Deposits of United States Government (including postal savings) 9,055.00 Deposits of States and political subdivisions 84,3-18.01 Other deposits (certified and officers' checks, etc.) 25,600.37 TOTAL DEPOSITS $2,760,412.57 Unearned interest 20,61-1.66 Other liabilities 6,278.02 TOTAL LIABILITIES (not including subordinated " ' obligations shown below) 2,787,305.25 CAPITAL ACCOUNTS Capital 50,000.00 Surplus 150,000.00 Undivided profits 17,883.56 TOTAL CAPITAL ACCOUNTS 217,883.56 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 3,005,188.81 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 - 66,458.49 STATE OF UTAH County of Utah Junius A. West, being first duly swom according to law, deposes and 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 of the condition of the said bank at the close of business on the 7th day of October, 1954. JUNIUS A. WEST Subscribed and sworn to before me this 11th day of October, 1951. Kay L. Jacobs, Notary Public (Seal) Residing at Pleasant Grove, Utah My commission expires July 15, 1956. Correct Attest: KEITH H. JACOBS H. V. SWENSON LEWIS E. OLPIN Directors STATE OF UTAH Office of the Bank Commissioner I, Louis S. Leatham, 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 15, 1951. LOUIS S. LEATHAM Bank Commissioner |