The sun. [volume] (Newberry, S.C.) 1937-1972, January 08, 1970, Image 3
The Newberry Sun, Newberry, S. C., Thursday, January 8, 1970—PAGE 3
Newberry Federal Savings
& Loan Association
NEWBERRY, SOUTH CAROLINA
Statement of Condition
AFTER THE CLOSE OF BUSINESS DECEMBER 31,1969
ASSETS
Mortgage Loans $27,301,095.99
Loans on Savings Accounts 242,397.44
Real Estate Owned - 31,357.40
Properties Sold on Contract - 67,860.65
Cash on Hand and in Banks v 1,059,928.70
Investments and Securities - 1,292,600.00
Fixed Assets (less depreciation) 616,200.56
Deferred Charges and Other Assets 344,001.91
TOTAL ASSETS $30,955,442.65
LIABILITIES
Savings Accounts $27,026,754.35
Advances from Federal Home Loan Bank 900,000.00
Loans in Process 315,654.24
Other Liabilities 37,219.05
Specific Reserves 5,680.94
General Reserves $2,286,479.86
Undivided Profits 383,654.21 2,670,134.07
TOTAL LIABILITIES AND NET WORTH 30,955,442.65
.. &
AVJNGS AND LOAN ASSOCIATION
, A V I N r.
TITVJTlON O U N t) fc_ D
DIRECTORS
John F. Clarkson J. K. Willingham E. B. Purcell
W. C. Huffman A. E. Morehead
P. M. DeLoache, Saluda, S. C. Robert W. Owen, Batesburg, S. C.
.i Vi