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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 BUSINESS ON JUNE 30, 1955 ASSETS Cash, balances with other banks, including reserve balances, and cash items in process of collection 422,117.80 United States Government obligations, direct and guaranteed -- 1,016,714.00 Obligations of States and political subdivisions 32,000.00 Loans and discounts (including $359.14 overdrafts) 1,708,349.01 Bank premises owned $92,945.88, furniture and fixtures $36,444.25 129,390.13 Investments and other assets indirectly representing bank premises or other real estate 1,200.00 Other assets - 348.90 TOTAL ASSETS 3,310,119.84 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,276,214.84 Time deposits of individuals, partnerships, and corporations - 1,582,528.25 Deposits of United States Government (including postal savings) - 25,016.35 Deposits of States and political subdivisions 142,571.63 Other deposits (certified and officers' checks, etc.) 24,999.03 TOTAL DEPOSITS $3,051,330.10 Other liabilities 33,997.26 TOTAL LIABILITIES (not including subordinated obligations shown below) 3.085,327.36 CAPITAL ACCOUNTS Capital , 50,000.00 Surplus 150,000.00 Undivided profits 24,792.48 TOTAL CAPITAL ACCOUNTS 224,792.48 TOTAL LIABILITIES AND CAPITAL ACCOUNTS - 3,310,119.84 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 75,055.93 STATE OF UTAH County of Utah Junius A. West, being first duly sworn 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 30th day of June, 1955. JUNIUS A. WEST Subscribed and sworn to before me this 11th clay of July, 1955. Kay L. Jacobs, Notary Public (Seal) Residing at Pleasant Grove, Utah My commission expires July 15, 1956. Correct Attest: ' KEITH H. JACOBS LEWIS E. OLPIN - C. J. COBBLEY Directors STATE OF UTAH Office of the Bank Commissioner I, Louis S. Leatliam, Eank Commissioner of the Slate 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 July 13, 1955. LOUIS S. LEATHAM Bank Commissioner |