The sun. [volume] (Newberry, S.C.) 1937-1972, July 09, 1970, Image 3
The Newberry Sun Newberry, S. C., Thursday, July 9, 1970—PAGE 3
Newberry Federal Savings
& Loan Association
NEWBERRY, SOUTH CAROLINA
Statement of Condition
After the close of business June 30,1970
ASSETS
Mortgage Loans —- — $27,912,376.08
Loans on Savings Accounts — 228,343.87
Real Estate Owned —- - - 20,883.05
Properties Sold on Contract — 67,211.23
Cash on Hand and in Banks 1,062,657.86
Investments and Securities — 1,501,000.00
Fixed Assets (less depreciation) - 602,136.99
Deferred Charges and Other Assets - 332,263.28
TOTAL ASSETS $31,726,872.36
LIABILITIES
Savings Accounts
Advances from Federal Home Loan Bank
Loans in Process
Other Liabilities —-
Specific Reserves
General Reserves
Undivided Profits
$28,030,107.36
400,000.00
496,398.10
14,866.53
9,724.92
$2,324,522.33
451,253.12 2,775,775.45
TOTAL LIABILITIES AND NET WORTH $31,726,872.36
f £W,
AVINGS AND LoAN ASSOCIATION
SAVING*-, INSTITUTION FOUNDED