The sun. [volume] (Newberry, S.C.) 1937-1972, July 08, 1971, Image 3
The Newberry Sun, Newberry, S.C.,Thursday, July 8, 1971—PAGE 3
Newberry Federal Savings
& Loan Association
NEWBERRY, SOUTH CAROLINA
Statement of Condition
After the close of business June 30,1971
ASSETS
Mortgage Loans $30,193,909.82
Loans on Savings Accounts —. 225,345.27
Real Estate Owned 5,801.64
Properties Sold on Contract 74,029.92
Cash on Hand and in Banks 2,029,950.29
Investments and Securities 1,810,900.00
Fixed Assets (less depreciation) 575,260.71
Deferred Charges and Other Assets ... r . 356,335.60
TOTAL ASSETS $35,271,533.25
LIABILITIES
Savings Accounts $31,409,234.78
Loans in Process — 873,972.48
Other Liabilities 21,589.86
Specific Reserves „ — 2,030.60
General Reserves 2,362,955.74
Undivided Profits 601,749.79 2,964,705.53
TOTAL LIABILITIES AND NET WORTH 35,271,533.25
AV7ATGS AND LoAN ASSOCIATION
INSTITUTION FOUNDED I