OCR Text |
Show : REPORT OF CONDITION OF UTAH BANK AND TRUST of Bountiful in the State of Utah, at the close of business on September 30, 1975 i ASSETS ;: Cash and due from banks (including :- $90,234.97 unposted debits) 2,773,659.91 : U. S. Treasury securities 99,883.00 Obligations of other U. S. Government agen- cies and corporations 649,750.00 : Obligations of States and political sub- ; divisions 2,389,366.02 - Other securities (including None corporate stock) None : Trading account securities None ; Federal funds sold and securities purchased : under agreements to resell 1,300,000.00 : Other Loans 12,609,943.52 Bank premises, furniture and fixtures, and other assets representing bank premises. . 658,523.67 : Real estate owned other than bank premises 7,511.78 ; Investments in subsidiaries not consolidated None : Customers' liability to this bank on acceptan- - ces outstanding None - Other assets . 245,762.92 i TOTAL ASSETS 20,734,400.82 ; LIABILITIES Demand deposits of individuals, partnerships, partner-ships, and corporations 9,012,242.56 Time and savings deposits of individuals, partnerships, and corporations 7,220,997.91 Deposits of United States Government 128,415.94 Deposits of States and political subdivisions. . 1,701,706.34 Deposits of foreign governments and official institutions None Deposits of commercial banks None t Certified and of ficers' checks, etc. 325,027.07 - TOTAL DEPOSITS $18,388,389.82 (a) Total demand deposits ... . $ 9,522,770.18 : (b)Total time & savings deposits 8,865,619.64 ;: TOTAL DEPOSITS IN FOREIGN OFFICES None Federal funds purchased and securities sold under agreements to repurchase None ' Other Liabilities for borrowed money None ; Mortgage indebtedness None Acceptances executed by or for account of ; this bank and outstanding None Other liabilities 537,669.63 . TOTAL LIABILITIES 18,926,059.45 : MINORITY INTEREST IN CONSOLIDATED . SUBSIDIARIES None RESERVES ON LOANS AND SECURITIES : Reserve for bad debt losses on loans (set up ;. pursuant to IRS rulings 151,607.43 Other reserves on loans None Reserves on securities None TOTAL RESERVES ON LOANS AND SECURITIES SE-CURITIES 151,607.43 CAPITAL ACCOUNTS Capital notes and debentures None (specify interest rate and maturity of each issue outstanding on publishers '-: copy) : Equity capital-total (sum of items 36 to 40 below) 1,656,733.94 Preferred stock-total par value None ; No. shares outstanding . . None ; Common Stock-total par value 534,270.00 ; (No. shares authorized 131,500) r (No. shares outstanding 106,854) "- Surplus 637,777.50 . Undivided profits 484,686.44 " Reserve for contingencies and other capital reserves None ': TOTAL CAPITAL ACCOUNTS 1,656,733.94 : (sum of items 34 and 35 above) . TOTAL LIABILITIES, RESERVES, AND : CAPITAL ACCOUNTS 20,734,400.82 : (sum of items 28, 29, 33 & 41 above) : MEMORANDA ; Average of total deposits for the 15 calendar '. days ending with call date 18,018,016.91 - Average of total loans for the 15 calendar : days ending with call date 13,980,284.46 Unearned discount on instalment loans in- ' j eluded in capital accounts None I, THOMAS K. TURNER, cashier, of the above-named ;. bank do hereby solemnly swear that this report of con-" con-" dition is true and correct to the best of my knowledge and belief. THOMAS I. TURNER : State of Utah, County of Davis, ss: Sworn to and subscribed before me this 7th : day of October, 1975. (SEAL) MARGARET R. EDDY Notary Public Commission Expires 12-31-75 Correct Attest: LAYNE B. FORBES RICHARD T. WINEGAR M. H. ATWOOD Directors STATE OF UTAH, Department of Financial Institutions I, JOHN M. CHATELAIN, Assistant Chief Examiner of Financial Institutions, do hereby certify that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on October 8, 1975. JOHN M. CHATELAIN ; Assistant Chief Examiner of Financial Institutions |