The sun. [volume] (Newberry, S.C.) 1937-1972, July 04, 1968, Image 3
The Newberry Sun, Newberry, S. C., Thursday, July 4, 1968—PAGE 3
Newberry Federal Savings
& Loan Association
NEWBERRY, SOUTH CAROLINA
Ststement of Condition
After the Close of Business June 28,1968
ASSETS
First Mortgage Loans $25,470,383.56
Loans on Savings Accounts 227,717.63
Properties Sold on Contract 76,345.11
Real Estate Owned 42,313.64
Stock in Federal Home Loan Bank 242,600.00
U. S. Government Bonds 550,000.00
Cash on Hand and in Banks 1,700,914.83
Office Building and Equipment 288,424.11
Less Depreciation
Deferred Charges and Other Assets 259,735.49
$28,858,434.37
LIABILITIES
Savings Accounts $24,799,307.31
Advances from Federal Home Loan Bank 900,000.00
Loans in Process 732,306.88
Other Liabilities 33,887.72
Reserves and Undivided Profits 2,392,932.46
$28,858,434.37
DIVIDENDS PAID AS FOLLOWS
4i/ 2 % per annum (compounded quarterly) on Pass Book
Savings.
5% per annum (payable from date of Deposit) on Sav
ings Certificates from $5,000 to $10,000.00.
5'4% per annum (payable from date of Deposit) on
Certificates $10,000 and up.
avjjvgs and Loan Association
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TITUTION FOUNDED
Federal Home Loan Bank System
Federal Savings and Loan Insurance Corporation
Savings and Loan Foundation
U. S. Savings and Loan League
S. C. Savings and Loan League
Member: