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Show REPORT of the condition of The Sanpete Valley Bank of Mount Pleasant, in the State of Utah, at the close of business on June 30, 1947. ASSETS Cash, balances with other banks, including reserve balances, and cash itemes in process of collection. 619,134.45 United States Government obligations, direct and guaranteed 842,010.00 Obligatoins of States and political subdivisions 28,500.00 Corporate stocks (including S none stock of Federal Reservo Bank) 1,138.10 Loans and discounts (including $366.25 overdrafts) 935,986.98 Bank premises owned $1.00, furniture and fixtures $1.00 2.00 (Bank premises owned are subject to $ none liens not assumed by bank) TOTAL ASSETS $2,426,771.53 LIABILITIES Demand deposits of individuals, partnerships, and corporations $1,191,486.31 Time deposits of individuals, partnerships, and corporations 945,451.32 Deposits of United States Government (including postal savings) 75.00 Deposits of States and political subdivisions 104,524.00 Other deposits (certified and officers' checks, etc.) 16,808.37 TOTAL DEPOSITS $2,258,345.00 Bills payable, rediscounts, and other liabilities for borrowed money none Mortgages or other liens, $ none on bank premises and $ none on other real estate none Other liabilities 137.49 TOTAL LIABILITIES (not including subordinated obligations shown below) $2,258,482.49 CAPITAL ACCOUNTS Capital $50,000.00 Surplus , 70,000.00 Undivided profits 38,322.34 Reserves 9,966.70 1 TOTAL CAPITAL ACOUNTS $ 168,289.04 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $2,426,771.53 This bank's capital consists of common stock with a total par value of $50,000 00. MEMORANDA Assets pledged or assigned to secure liabilities for other purposes NONE Obligations subordinated to claims of depositors and other creditors, not included in liabilities NONE 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 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 June, 1947. L. L. PETERSON. Subscribed and sworn to before me this 14th day of July, 1947. Reed C. Lasson, Notary Public. Residing at Fairview, Utah. (SEAL) My Commission Expires February 1, 1950. Correct Attest: A. R. Anderson, James Anderson, J. Sundwall, Jr., Directors. STATE OF UTAH, Office of Bank Commissioner, I, J. M. Knapp, 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 July 15, 1947. J. M. KNAPP, Bank Commissioner. |