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Show REPORT of tihe conditioru of The Sanpete Valley Bank of Mount Pleasant, in the State of Utah, at the close of business on September 28, 1942. ASSETS Loans and discounts (Including 1,090.08 overdrafts) $423,614.30 United States Government obligations, direct and guaranteed 124,200.00 Obligations of States and political subdivisions 44,000.00 Other bonds, notes, and debentures 10,000.00 Corporate stocks (including $ NONE stock of Federal Reserve bank) 2.00 Cash, balances with other banks, including reserve balances, and cash items in process of collection 336,161.30 Bank premises OAned $7,000.00, .furniture and .fixtures $1,000.00 8,000.00 (Bank premises owned are subject to $ None liens not assumed (by bank) . Real estate owned other than, bank premises .i.oOl.UU TOTAL ASSETS $949,778.60 LIABILITIES Demand deposits of individuals, partnerships, and corporations 396,845.35 Time deposits of individuals, partnerships, and corporations 390,527.01 Deposits of States and political subdivisions 44,050.21 Other deposits (certified and officers' checks, etc.) 7,663.52 TOTAL DEPOSITS $839,086.09 Bills payable, rediscounts, and other liabilities for borrowed money '. NONE Mortgages or other liens, none on bank premises and none on other real estate. Other liabilities 327.13 TOTAL LIABILITIES (not including subordinated sub-ordinated obligations shown below) 839,413.22 CAPITAL ACCOUNTS Capital $25,000.00 Surplus 45,000.00 Undivided profits 16,788.51 Reserves (and retirement account for preferred capital) 23,576.87 TOTAL CAPITAL ACCOUNTS 110,365.38 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $949,778.60 This 'bank's capital consists of common stock with a total par value of $25,000.00. STATE OF UTAH, County of Sanpete, ) ss. L. L. Peterson, being first duly sworn according to law, deposes and says, that he is Cashier of the above named bank ad 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 28th day of September, 1942. L. L. PETERSON. Subscribed and sworn to before me this 6th day of October, 1942., REED C. LASSON, Notary Public. Residing at Fairview, Utah. (SEAL) My Commission Expires February 1, 1946. Correct Attest: P. Sundwall, Jr., A. R. Anderson, James Anderson, Directors. STATE OF UTAH, Office of Bank Commissioner, I, Rulon F. Starley, Bank Odirumissioner of the State of Utialb, do hereby certify thai the foregoing is a true and correct copy of the . statement of the above named company, filed in my office on ' October 8, 1942. RULON F. STARLEY, Bank Commissioner. |