OCR Text |
Show Report of Condition of ROOSEVELT STATE BANK of Roosevelt, Duchesne County, Utah, at the close of business April 24, 1950, a State banking institution organized and operating under the banking laws of this State and a member of the Federal Reserve System. Published in accordance with a call made by the State Banking Authorities and by the Federal Reserve Bank of this District. - ASSETS Cash, balances with other banks, including reserve balance, and cash items in process of collection $ 814,100.55 United States Government obligations, direct and guaranteed 676,000.00 Obligations of States and political subdivisions 10 400 00 Corporate stocks (including $2,400.00 stock of Federal Reserve bank) 2,700.00 Loans and discounts (including $none overdrafts) .... 989,109.02 Bank premises owned $2,500.00, furniture and fixtures $4,500.00 7,000.00 Investments and other assets indirectly representing bank premises or other real estate 10,000.00 Other assets 546.92 TOTAL ASSETS $2,509,856.49 LIABILITIES Demand deposits of individuals, partnerships, and corporations $1,443,678.01 Time deposits of individuals, partnerships, and corporations 716,417.80 Deposits of United States Government (including1 postal savings) : 4,834.00 Deposits of States and political subdivisions 178,872.00 Other deposits (certified and officers' checks, etc.) 43,668.54 TOTAL DEPOSITS $2,387,470.35 Other liabilities 434 75 TOTAL LIABILITIES (not including subordinated obligations shown below) $2,387,905.10 CAPITAL ACCOUNTS Capital $ 50,000.00 Surplus 40,000.00 Undivided profits 31,951.39 TOTAL CAPITAL ACCOUNTS $ 121,951.39 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $2,509,856.49 This bank's capital consists of: Common stock with total par value of $50,000.00 MEMORANDA Loans as shown above are after deduction of reserves of 31,750.78 I, J. O. Orser, Assistant Cashier, of the above-named bank, hereby certify that the above statement is true to the best of my knowledge and belief. J. O. ORSER Correct Attest: CHESTER H. HARTMAN SAM G. WEISS R. S. JORDAN Directors STATE OF UTAH County of Duchesne ss: Sworn to and subscribed before me this 1st day of May, 1950. RETA HUTCHEON Notary Public STATE OF UTAH Office of the Bank Commissioner I, Roy W. Simmons, 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 May 3, 1950. ROY W. SIMMONS Bank Commissioner |