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3 1799 00126 O447 


STATEMENTS OF CONDITION 


STATE BANKS 

AND 

INDUSTRIAL BANKS 

IN THE 

STATE OF COLORADO 

AS OF 

December 31, 1970 


Prepared and issued by 

DIVISION OF BANKING 
Department of Regulatory Agencies 
325 State Office Building 
Denver, Colorado 80203 


OF 


Report No. 64 


Price $5.00 





PREFACE 


The information contained in this report has been compiled from 
the annual reports of condition submitted by all State chartered 
commercial and industrial banks in compliance with the provisions 
of Chapter 14. Article 2, Section 9, and Chapter 14, Article 17, Section 
9 (7) (a) CRS 1963, as amended. 

Publication and distribution is in accordance with the provisions 
of Chapter 29, Section 40, 1964 Session Laws of Colorado. 

The purpose of this report is to provide factual and statistical 
information that may be used by financial institutions and others 
engaged in economic studies, and by those who might otherwise be 
influenced by its contents. 

HARRY BLOOM 

State Bank Commissioner 


Report No. 64 


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AMENDMENTS TO 
PART II 

REGULATIONS OF THE COLORADO BANKING BOARD 

Effective December 17, 1970 

3-2.1 Interest on single maturity time deposits — 

(a) Deposits of $100,000 or more. — No bank shaU, directly or 
indirectly, pay interest on any single maturity time deposit of 
$100,000 or more at a rate in excess of that prescribed as follows: 

Maximum Per Cent 


Maturity per Annum 

30 - 89 days No limit 

90 - 179 days 6.75 

180 days or more, but less than 1 year 7.00 

1 year or more 7.50 


(b) Deposits of less than $100,000. — No bank shall, directly or 
indirectly, pay interest on any single maturity time deposit of 
less than $100,000 at a rate in excess of that prescribed as follows: 

Maximum Per Cent 


Maturity Per Annum 

30 days - 1 year 5.00 

1 year or more but less than 2 years 5.50 

2 years or more 5.75 


3-2.2 Interest on multiple maturity time deposits. — 

(a) No bank shall, directly or indirectly, pay interest on any 
multiple maturity time deposit at a rate in excess of that prescribed 
as follows: 

Maximum Per Cent 

Maturity Per Annum 

30 days or more but less than 90 days 4.50 

90 days or more but less than 1 year 5.00 

1 year or more but less than 2 years 5.50 

2 years or more 5.75 

6-3.1 Real estate loans — limitations. — A state bank may make 
real estate loans secured by first liens upon improved real estate 
and upon unimproved real estate. The amount of any such loan 
hereafter made shall not exceed 50 per centum of the appraised 
value of the real estate offered as security and no such loan shall 
be made for a longer term than five years; except that: 

(a) Any such loan may be made in an amount not to exceed 
90 per centum of the appraised value of the real estate offered as 
security and for a term not longer than 30 years if the loan is se- 
cured by an amortized mortgage, deed of trust, or other such instru- 
ment under the terms of which the installment payments are suffi- 
cient to amortize the entire principal of the loan within 30 years 
from its date; provided, however, that if such loan is made to 
finance the construction of one or more buildings on said real estate, 
such loan may be made for a term not longer than 35 years if said 
installment payments are sufficient to amortize the entire principal 
of the loan within 35 years from the date of the loan and such 
amortization actually commences within five years from the date of 
the loan. 

(b) Any such loan may be made in an amount not to exceed 
50 per centum of the appraised value of imimproved land offered as 
security and for a term not longer than three years if the loan is 
secured by a mortgaged, deed of trust, or other such instrument, 
with or without amortization. 


— 2 — 


(c) Any such loan may be made in an amount not to exceed 
75 per centum of the appraised value of unimproved land offered as 
security and for a term not longer than seven years, if the loan is 
secured by an amortized mortgage, deed of trust, or other such 
instrument under the terms of which the installment payments shall 
commence not later than twelve months from the date of the loan 
and are sufficient to amortize the entire principal of the loan within 
seven years from its date. All loans described herein and in (b) 
above, shall be included in the permissible aggregate of all real 
estate loans prescribed by statute. 

6-6.1 Purchase of Time Certificates of Deposit. — State banks 
may purchase and own time certificates of deposit issued by another 
bank; provided, however, that the amount of such certificates issued 
by and purchased from any one bank shall not exceed ten per cent 
of the capital and surplus of the purchasing bank. State banks may 
purchase and own time certificates of deposit issued by another 
without limitation if: 

(a) The sell or issuing bank has been approved by the Com- 
missioner in advance of the purchase, or 

(b) The selling or issuing bank has a combined capital and 
surplus of at least $1,500,000; deposits of at least $20,000,000; and 
has not been designated as unacceptable by the Commissioner. 

There shall be no limitation on the aggregate amount of time certifi- 
cates of deposit which a State bank may own in other banks except 
as herein above provided. 

6-6.2 Nature of Time Certificates of Deposit. — All time certifi- 
cates of deposit purchased and owned by State banks from other 
banks, regardless of source, shall be treated as “time deposits due 
from banks,” and not as “investments.” Time certificates of deposit 
are not “money due on demand.” and may not be used to meet 
reserve requirements set forth in Section 14-6-1 (2) of the Code. 

6-8.1 Construction Loans. — Notwithstanding any provision of 
the Code, a state bank may make loans for a period of not longer 
than sixty months to finance the construction of residential, com- 
mercial, industrial, or farm buildings; provided, however, that: 

(a) The aggregate amount of all such construction loans held 
by the bank shall not exceed 100 per cent of its capital and surplus, 
and 

(b) Prior to making such a loan to finance the construction 
of industrial or commercial buildings, a binding agreement shall 
be executed by a financially responsible party to advance the full 
amount of the bank’s loan upon completion of the buildings. 

Loans made pursuant to this regulation shall not be considered 
to be real estate loans but shall be considered to be ordinary loans 
regardless of the security, if any, taken by the bank. 


— 3 — 


Digitized by the Internet Archive 
in 2016 


https://archive.org/details/statementsofcond1970stat 


COMMERCIAL 

BANKS 


ALPHABETICAL INDEX 


Location 

No. 

Arvada 

471 

Aspen 

283 

Aurora 

463 

Aurora 

435 

Boulder 

472 

Boulder 

9 

Brighton 

428 

Broomfield 

465 

Brush 

294 

Buena Vista 

477 

Burlington 

427 

Bvers 

206 

Calhan 

312 

Castle Rock 

433 

Cheyenne Wells .. 

437 

Colorado Springs.. 

486 

Colorado Springs.. 

466 

Colorado Springs.. 

496 

Colorado Springs.. 

454 

Colorado Springs.. 

20 

Commerce City .... 

449 

Cortez 

429 

Craig 

421 

Del Norte 

431 

Delta 

149 

Denver 

457 

Denver 

473 

Denver 

30 

Denver 

92 

Denver 

497 

Denver 

487 

Denver 

460 

Denver 

494 

Denver 

493 

Denver 

444 

Denver 

453 

Denver 

470 

Dolores 

467 

Dove Creek 

446 

Durango 

492 

Eaton 

432 

Erie 

285 

Estes Park 

37 

Fairplay 

274 

Fort Collins 

476 

Fort Lupton 

50 


Name of Bank Page No. 

A 

Arvada State Bank 10 

The Bank of Aspen 11 

Peoples Bank and Trust Company 12 

United Bank of Aurora 13 

B 

Security Bank of Boulder 14 

United Bank of Boulder 15 

The First Bank and Trust Co. 

of Brighton 16 

Broomfield Bank 17 

The Farmers State Bank of Brush 18 

Buena Vista Bank and Trust Company 19 

The Bank of Burlington 20 

The Byers State Bank 21 

C 

Farmers State Bank of Calhan 22 

The Bank of Douglas County 23 

The Eastern Colorado Bank 24 

The Academy Boulevard Bank 25 

American Heritage Bank and Trust Co. 26 

The Bank of Colorado 27 

The Central Colorado Bank 28 

Colorado Commercial Bank 29 

Metropolitan State Bank 30 

The Citizens State Bank of Cortez 31 

The Moffat County State Bank 32 

D 

The Rio Grande County Bank 33 

The Colorado Bank and Trust Co. 

of Delta 34 

Bank of Denver 35 

Center State Bank .. 36 

The Central Bank and Trust Company 37 
The Colorado State Bank of Denver .... 38 

Columbine State Bank 39 

Guaranty Bank of Stapleton 40 

Guaranty Bank and Trust Company .... 41 

Mid-States Bank 42 

Montbello Bank 43 

Mountain States Bank 44 

North Denver 45 

Southwest State Bank 46 

The Delores State Bank 47 

Dove Creek State Bank 48 

Bank of Durango 49 

E 

The Eaton Bank 50 

The Erie Bank 51 

The Estes Park Bank 52 

F 

The Bank of Fairplay 53 

Rocky Mountain Bank and Trust 

Company 54 

The Fort Lupton State Bank 55 


— 6 


Fort Morgan 291 The Farmers State Bank 

of Fort Morgan 

Fountain 491 First State Bank of Fountain 

Fowler 52 The Fowler State Bank 

Frisco 488 Summit County Bank 

Fruita 440 Fruita State Bank 

G 

Glenwood Springs 475 The Bank of Glenwood 

Golden 474 Golden State Bank 

Granada 288 The American State Bank of Granada.... 

Granby 450 Middle Park Bank 

Grand Junction .. 422 United States Bank of Grand Junction 

Greeley 485 State Bank of Greeley 

Greeley 59 United Bank of Greeley 

Gunnison 207 The Gunnison Bank and Trust 

Company 

H 

Haxtun 436 Haxtun Community Bank 

Hayden 489 Yampa Valley State Bank 

Hereford 382 Hereford State Bank 

Holly 499 First Bank and Trust 

Holyoke 481 Holyoke Bank and Trust Company 

Hotchkiss 425 The First State Bank of Hotchkiss 

I 

Idaho Springs 438 First State Bank 

Ignacio 198 Bank of Ignacio . 

K 

Keenesburg 442 The Citizens State Bank 

Kiowa 136 The Kiowa State Bank 

Kirk 321 The Kirk State Bank 

Kit Carson 176 Kit Carson State Bank 

Kremmling 70 The Bank of Kremmling 

L 

La Junta 73 The Colorado Bank and Trust Company 

of La Junta 

La Junta 72 The La Junta State Bank 

Lakewood 439 Jefferson County Bank of Lakewood .... 

Lamar 394 Valley State Bank 

Leadville 434 Commercial Bank of Leadville 

Littleton 462 United Bank of Littleton 

Longmont 482 The St. Vrain Valley Bank 

Loveland 448 The Home State Bank 

M 

Mancos 483 Mancos State Bank 

Manitou Springs .. 85 Bank of Manitou 

Manzanola 337 J. N. Beaty and Company, Bankers .... 

McClave 397 McClave State Bank of McClave 

Minturn 500 Eagle Valley Bank 

Monte Vista 430 Fidelity Bank and Trust 

N 

Norwood 447 San Miguel Basin State Bank 

O 

Ouray 270 The Citizens State Bank of Ouray 


56 

57 

58 

59 

60 

61 

62 

63 

64 

65 

66 

67 

68 

69 

70 

71 

72 

73 

74 

75 

76 

77 

78 

79 

80 

81 

82 

83 

84 

85 

86 

87 

88 

89 

90 

91 

92 

93 

94 

95 

96 

97 


_ 7 _ 


Pagosa Springs .. 

.. 147 

P 

The Citizens Bank of Pagosa Springs .... 

98 

Pueblo 

.. 101 

The Minnequa Bank of Pueblo 

99 

Pueblo 

.. 174 

The Pueblo Bank and Trust Company 

100 

Pueblo 

.. 451 

United Bank of Pueblo ... 

101 

Rangely 

.. 479 

R 

Bank of Rangeley 

102 

Rocky Ford 

.. 445 

The Empire State Bank 

103 

Security 

. 480 

S 

The Bank of Fountain Valley 

104 

Sterling 

.. 346 

Commercial Savings Bank of Sterling .... 

105 

Sterling 

.. 417 

The Security State Bank of Sterling .... 

106 

Telluride 

.. 495 

T 

The Bank of Telluride 

107 

Thornton 

.. 478 

North Valley State Bank 

108 

Vail 

.. 490 

V 

The Bank of Vail 

109 



W 


Walden 

.. 459 

North Park State Bank 

no 

Walsh 

_ 313 

The Colorado State Bank of Walsh 

111 

Westminster 

.. 498 

Citizens Bank 

112 

Wiley 

.. 123 

The State Bank of Wiley 

113 

Woodland Park .. 

.. 484 

Park State Bank 

114 

Yuma 

.. 224 

Farmers State Bank of Yuma 

115 


— 8 — 


COMPARATIVE ABSTRACT 

SHOWING CONDITION OF STATE BANKS IN THE STATE OF 

COLORADO AT THE CLOSE OF BUSINESS ON THE DATES 
INDICATED AS COMPILED BY THE OFFICE OF THE 
STATE BANK COMMISSIONER 

106 Banks 

December' 31 % to 

ASSETS 1970 Total 

Cash and Due from Banks $ 191,914,433.77 14.0 

U.S. Treasury Securities 192,679,883.29 14.1 

Securities of U.S. Gov’t. Agencies and Corp’s. ... 17,037,287.34 1.3 

Obligations of State and Political Subdivisions . 149,724,684.27 10.9 

Other Securities 1,772,167.53 .1 

Federal Funds Sold 40,100,000.00 2.9 

Other Loans 741,505,293.09 54.2 

Bank Premises, Fum. & Fixt 19,541,023.43 1.4 

Real Estate Owned Other Than Bank Premises 2,342,953.22 .2 

Customers’ Liabilities 22,000.00 .0 

Other Assets 12,522,028.43 .9 

TOTAL ASSETS $1,369,161,754.37 

LIABILITIES 

Demand Deposits $ 483,522,042.43 35.3 

Time Deposits 490,099,133.97 35.8 

U.S. Government Deposits 26,099,619.16 1.9 

State & Political Subdivisions Deposits 125,310,892.19 9.2 

Foreign Gov’ts. & Official Institutions Deposits... 454.85 .0 

Commercial Banks Deposits 48,442,231.40 3.5 

Certified & Officer Checks 16,069,279.17 1.2 

TOTAL DEPOSITS $1,189,543,653.17 

Federal Funds Purchased 11,350,000.00 .8 

Borrowed Money 2,762,500.00 .2 

Mortgage Indebtedness 5,470,409.50 .4 

Acceptances Outstanding 22,000.00 .0 

Other Liabilities 39,235,129.47 2.9 

TOTAL LIABILITIES $1,248,383,692.14 91.2 

Minority Interest in Consolidated Subsidiaries ... 96,451.04 .0 

RESERVES 

Reserves for Bad Debt Losses on Loans $ 12,162,118.88 .9 

Other Reserve on Loans 10,202.39 

Reserves on Securities 9,376.88 

TOTAL RESERVES $ 12,181,698.15 i9 

CAPITAL ACOUNTS 

Capital Notes and Debentures $ 7,914,706.00 .6 

Equity Capital 100,585,207.04 7.3 

Common Stock 31,524,675.00 2.3 

Surplus 39,623,565.00 2.9 

Undivided Profits 28,250,670.31 2.0 

Contingencies & Capital 1,186,296.73 .1 

TOTAL CAPITAL ACCOUNTS Lines 34 & 35...$ 108,499,913.04 7.9 

TOTAL LIABILITIES, RESERVES 

AND CAPITAL ACCOUNTS $1,369,161,754.37 100.0 

Percentage of Total Capital to Total Deposits .... 9.1 

Percentage of Total Capital to Total Assets 7.9 

Increase in Total Assets since Dec. 31, 1969 101,426,110.92 

Increase in Total Deposits since Dec. 31, 1969 107,821,552.70 

Increase in Total Capital since Dec. 21, 1969 9,186,076.16 

— 9 — 


Certificate Issued April 20, 1961 


No. 471 


ARVADA STATE BANK, ARVADA 

Jefferson County 


OFFICERS FOR 1970 

Anthony F. Zarlengo, Chairman of the Board; Joseph R. Horan, 
President; Thomas D. O’Connor, Vice President; Carol A. Pachello, 
Cashier; Virginia L. Pietrafeso, Auditor. 

DIRECTORS FOR 1970 

Leavitt Booth, John Harper, Lawrence Huke, Louis Lilly, Gerald 
Marsico, Alfred Palmquist, Donald Shelley, Frank Veltrie, Anthony 
Zarlengo. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks (including $72,608.81 

unposted debits) .... $ 1,930,686.41 

U.S. Treasury securities 98,752.00 

Securities of other U.S. Government agencies 

and corporations 205,000.00 

Obligations of States and political subdivisions 962,489.46 

Federal funds sold and securities purchased under 

agreements to resell 700,000.00 

Other loans 7,340,346.76 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 105,013.50 

Other assets 24,623.30 


TOTAL ASSETS $ 11,366,911.43 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 5,487,074.37 

Time and savings deposits of individuals, partnerships, 

and corporations 3,759,252.03 

Deposits of United States Government 177,233.81 

Deposits of States and political subdivisions 427,543.15 

Deposits of commercial bank 9,977.72 

Certified and officers’ checks, etc. 240,911.63 

TOTAL DEPOSITS $10,101,992.71 

(a) Total demand deposits .. - 5,942,740.68 

fb) Total time and savings deposits . 4,159,252.03 

Other liabilities — - - 36,795.70 


TOTAL LIABILITIES $ 10,138,788.41 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 68,015.21 


TOTAL RESERVES ON LOANS AND SECURITIES....$ 68,015.21 
CAPITAL ACCOUNTS 

Equity capital, total $ 1,160,107.81 

Common stock — total par value 260,000.00 

(No. shares authorized 26,000) 

(No. shares outstanding 26,000) 

Surplus - 260,000.00 

Undivided profits -- 218,738.37 

Reserve for contingencies and other capital reserves . 421,369.44 


TOTAL CAPITAL ACCOUNTS $ 1,160,107.81 


TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 11,366,911.43 


— 10 — 


Certificate Issued May 29, 1942 


No. 283 


THE BANK OF ASPEN, ASPEN 

Pitkin County 


OFFICERS FOR 1970 

Mahlon T. White, President; Logan L. Bailor, Executive Vice Presi- 
dent; Helen T. White, Vice President; Carl O. Harbage, Cashier; 
Robert T. Bergener, Janie L. Mullikin, Brian A. Coyle, Assistant 
Cashiers. 

DIRECTORS FOR 1970 

Logan L. Bailor, J. Sterling Baxter, William E. Clark, John M. 
Oakes, Walter J. Predovich, T. J. Sardy, Helen T. White, Mahlon T. 
White. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks (including $237,713.94 

unposted debits) $ 2,018,688.53 

U.S. Treasury securities _ 2,501,756.82 

Obligations of States and political subdivisions 1,533,836.98 

Other loans 8,300,246.94 

Bank premises, furniture and fixtures, and other assets 
representing bank premises 118,618.24 

Other assets . 69,764.10 


TOTAL ASSETS $ 14,542,911.61 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 7,134,598.57 

Time and savings deposits of individuals, partnerships, 

and corporations . . 3,629,408.84 

Deposits of United States Government 242,460.66 

Deposits of States and political subdivisions 1,482,412.56 

Deposits of commercial banks 125,000.00 

Certified and officers’ checks, etc. . 332 434 68 

TOTAL DEPOSITS . . $12,946,315.31 

(a) Total demand deposits 8,650,643.43 

(b) Total time and savings deposits . 4,295,671.88 

Other liabilities . 439,286.32 


TOTAL LIABILITIES $ 13,385,601.63 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 104,727.39 


TOTAL RESERVES ON LOANS AND SECURITIES _^$ 104,727.39 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,052,582.59 

Common stock — total par value 250,000.00 

(No. shares authorized 2,500) 

(No. shares outstanding 2,500) 

Surplus 400,000.00 

Undivided profits .. 310,331.54 

Reserve for contingencies and other capital reserves 92,251.05 


TOTAL CAPITAL ACCOUNTS $ 1,052,582.59 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 14,542,911.61 


Certificate Issued April 24, 1957 


No. 463 


PEOPLES BANK AND TRUST COMPANY, AURORA 

Adams County 


OFFICERS FOR 1970 

H. J. Bleakley, President; B. A. Heffley, Executive Vice President 
and Cashier; L. G. Krieger, Senior Vice President; R. D. Hermes, 
W. F. Packard, W. M. Wilson, Jr., Vice Presidents; L. A. Gifford, 
Vice President and Trust Officer; R. C. Ferry, Auditor. 

DIRECTORS FOR 1970 

W. L. Armstrong, H. J. Bleakley, Sol Dichter, B. A. Heffley, M. A. 
Leprino, Joseph C. Moffitt, Robert M. Stanley, Edward M. Willis. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 4,444,632.01 

U.S. Treasury' securities 5,452,061.55 

Securities of other U.S. Government agencies 

and corporations 1,341,225.00 

Obligations of States and political subdivisions 651,041.16 

Other loans 13,529,891.46 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 399,306.03 

Real estate owned other than bank premises 89,981.15 

Other assets 213,299.19 


TOTAL ASSETS $ 26,121,437.55 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 10,513,097.26 

Time and savings deposits of individuals, partnerships, 

and corporations 8,642,043.43 

Deposits of United States Government 361,678.16 

Deposits of States and political subdivisions .. 4,036,053.46 

Deposits of commercial banks . 25,445.72 

Certified and officers’ checks, etc. 337,437.13 

TOTAL DEPOSITS ..$23,915,755.16 

ia) Total demand deposits 11,782,366.01 

(b) Total time and savings deposits 12,133,389.15 
Other liabilities $ 520,999.92 


TOTAL LIABILITIES $ 24,436,755.08 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 283,408.07 


TOTAL RESERVES ON LOANS AND SECURITIES ...$ 283,408.07 


CAPITAL ACCOUNTS 

Capital notes and debentures $ 250,000.00 

Equity capital, total 1,151,274.40 

Common stock — total par value 300,000.00 

(No. shares authorized 30,000) 

(No. shares outstanding 30,000) 

Surplus 675,000.00 

Undivided profits 176,274.40 


TOTAL CAPITAL ACCOUNTS $ 1,401,274.40 

TOTAL LIABILITIES, RESERVES. AND 
CAPITAL ACCOUNTS $ 26,121,437.55 


— 12 — 


Certificate Issued March 31, 1943 


No. 435 


UNITED BANK OF AURORA, AURORA 

Arapahoe County 


OFFICERS FOR 1970 

J. K. Hazlett, President; C. B. Wampler, Vice President; R. E. 
Maloney, Assistant Vice President; A. J. Dreiling, Vice President 
and Cashier; Betty Phillips, Assistant Cashier; Robert J. Blake, 
Loan Officer; Joseph W. Sullivan, Marketing Director. 

DIRECTORS FOR 1970 

C. E. Childs, Verner H. Crayne, A. J. Dreiling, J. K. Hazlett, 
William C. Hinkley, Wilbur J. Pecka, John D. Saviers, C. B. Strait. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks (including $187.04 

unposted debits) $ 1,199,325.07 

U.S. Treasury securities 3,770,931.92 

Obligations of States and political subdivisions 3,189,428.38 

Federal funds sold and securities purchased under 

agreements to resell 500,000.00 

Other loans 7,057,074.66 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 179,354.70 

Real estate owned other than bank premises 57,598.88 

Other assets 167,878.71 


TOTAL ASSETS $ 16,121,592.32 

LIABILITIES 

Demand deposits of individuals, partnerships. 


Time and savings deposits of individuals, partnerships, 

and corporations 5,043,563.43 

Deposits of United States Government . . 102,424.83 

Deposits of States and political subdivisions 3,383,388.77 

Certified and officers’ checks, etc 175 139 39 

TOTAL DEPOSITS . $14,605,980.47 

+ ^ 1/17 /1 1 7 f\A 


(b) Total time and savings deposits 7,458,563.43 
Other liabilities 351,587.79 

TOTAL LIABILITIES $ 14,957,568.26 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 56,272.59 

TOTAL RESERVES ON LOANS AND SECURITIES $ 56,272.59 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,107,751.47 

Common stock — total par value 400,000.00 

(No. shares authorized 4,000) 

(No. shares outstanding 4,000) 

Surplus 400,000.00 

Undivided profits 307,751.47 

TOTAL CAPITAL ACCOUNTS "$ 1,107,751.47 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS .. 


$ 16,121,592.32 


Certificate Issued November 21, 1960 


No. 472 


SECURITY BANK OF BOULDER, BOULDER 

Boulder County 


OFFICERS FOR 1970 

H. Lee Sturgeon, President; C. R. Rogers, Vice President and 
Cashier; Gary Lewien, Assistant Cashier. 

DIRECTORS FOR 1970 

Dean W. Callan, Richard L. Eason, Louis W. Gragg, C. R. Rogers, 
H. Lee Sturgeon. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 259,331.70 

U.S. Treasury securities 694,457.30 

Obligations of States and political subdivisions 723,897.90 

Other securities 78,184.45 

Other loans 2,111,777.25 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 337,241.14 

Other assets 78,247.03 


TOTAL ASSETS .. $ 4,283,136.77 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,319,339.64 

Time and savings deposits of individuals, partnerships, 

and corporations 1,029,187.12 

Deposits of United States Government . 30,565.09 

Deposits of States and political subdivisions 871,050.16 

Certified and officers’ checks, etc. 106,070.53 

TOTAL DEPOSITS $3,356,212.54 

(a) Total demand deposits 1,477,125.42 

(b) Total time and savings deposits 1,879,087.12 
Federal funds purchased and securities old under 

agreements to repurchase 300,000.00 

Mortgage indebtedness 89,977.14 

Other liabilities 35,968.97 


TOTAL LIABILITIES $ 3,782,158.65 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 373.47 


TOTAL RESERVES ON LOANS AND SECURITIES .....$ 373.47 

CAPITAL ACCOUNTS 

Equity capital, total $ 500,604.65 

Common stock — total par value $ 231,075.00 

(No. shares authorized 50,000) 

(No. shares outstanding 46,215) 

Surplus 193,165.00 

Undivided profits 76,364.65 


TOTAL CAPITAL ACCOUNTS $ 500,604.65 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS .$ 4,283,136.77 


— 14 — 


Certificate Issued February 17, 1908 


No. 9 


UNITED BANK OF BOULDER 

Boulder County 


OFFICERS FOR 1970 

E. K. Hilton, Chairman; C. Flint Smith, Honorary Chairman; W. D. 
Carter, President; Bruce E. Callant, J. H. Minneman, E. L. Singer, 
Vice Presidents; J. E. Rogers, Vice President and Cashier; C. J. Jor- 
genson, W. D. Lamoreux, Assistant Vice Presidents; R. C. Bishop, 
R. W. Peden, Operations Officers; L. C. Rosdail, Installment Loan 
Officer. 

DIRECTORS FOR 1970 

J. Perry Bartlett, W. D. Carter, N. E. Harden, E. K. Hilton, H. 
Reginald Platts, Daniel F. Rex, C. Flint Smith, Richard C. Waugh. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 2,780,913.04 

U.S. Treasury securities - 5,745,481.08 

Obligations of States and political subdivisions 3,732,856.47 

Other securities 6,249.21 

Other loans ... . 15,908,629.33 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 380,492.89 

Other assets 292,001.35 


TOTAL ASSETS 


$ 28,846,623.37 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 9,147,843.14 

Time and savings deposits of individuals, partnerships, 

and corporations 10,998,784.58 

Deposits of United States Government 325,345.20 

Deposits of States and political subdivisions 4,666,317.95 

Certified and officers’ checks, etc. 398,599.18 

TOTAL DEPOSITS $25,536,890.05 

(a) Total demand deposits 10,162,610.88 

(b) Total time and savings deposits 15,374,279.17 

Mortgage indebtedness 100,714.86 

Other liabilities 792,647.80 


TOTAL LIABILITIES $ 26,430,252.71 


RESERVES ON LOANS AND SECURITIES 


Reserv'e for bad debt losses on loans $ 580,637.11 


TOTAL RESERVES ON LOANS AND SECURITIES _ _$ 580,637.11 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,835,733.55 

Common stock — total par value $ 400,000.00 

(No. shares authorized 40,000) 

(No. shares outstanding 40,000) 

Surplus 525,000.00 

Undivided profits 910,733.55 


TOTAL CAPITAL ACCOUNTS $ 1,835,733.55 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS .$ 28,846,623.37 


— 15 — 


No. 428 


Certificate Issued October 17, 1932 

THE FIRST BANK AND TRUST CO. OF BRIGHTON, 
BRIGHTON 

Adams County 


OFFICERS FOR 1970 

Leslie L. Sayre, President and Chairman of the Board; John A. 
Munger, Senior Vice President; Arthur A. Satterlee, Senior Vice 
President and Trust Officer; Charles W. Sayre, Senior Vice President 
and Cashier; Donald J. Olson, Vice President and Assistant Cashier; 
R. R. Hallmark, Vice President; David H. Fahrbach, Assistant Vice 
President; Dorothy Wagner, Assistant Cashier and Alternate Secre- 
tary to Board; Marilyn Oslaom, Assistant Cashier. 

DIRECTORS FOR 1970 

Alonzo A. Cox, Jack H. Cys, Ray I. Kitayama, John A. Munger, 
Francis H. Pape, Arthur A. Satterlee, Charles W. Saj're, Leslie L. 
Sayre, Don Tanabe, Charles A. Taylor. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 3,053,241.40 

U.S. Treasury securities 3,538,994.36 

Obligations of States and political subdivisions 1,527,526.19 

Other securities (including $24,000 corporate stocks) 24,000.00 

Federal funds sold and securities purchased under 

agreements to resell 1,850,000.00 

Other loans . . 7,082,784.31 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 374,620.45 

Other assets . 70,356.48 


TOTAL ASSETS $ 17,521,523.19 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 5,816,471.97 

Time and savings deposits of individuals, partnerships, 

and corporations 5,318,300.55 

Deposits of United States Government 310,626.58 

Deposits of States and political subdivisions 3,295,433.80 

Certified and officers’ checks, etc. 119,284.99 

TOTAL DEPOSITS $14,860,117.89 

(a) Total demand deposits 8,841,817.34 

(b) Total time and savings deposits 6,018,300.55 

Mortgage indebtedness . .. ... 108,757.48 

Other liabilities 1,241,821.39 


TOTAL LIABILITIES $ 16,210,696.76 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 124,206.19 


TOTAL RESERVES ON LOANS AND SECURITIES ... 124,206.19 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,186,620.24 

Common stock — total par value 400,000.00 

(No. shares authorized 16,000) 

(No. shares outstanding 16,000) 

Surplus . - — — 400,000.00 

Undivided profits 386,620.24 


TOTAL CAPITAL ACCOUNTS $ 1,186,620.24 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 17,521,523.19 


— 16 — 


Certificate Issued July 8, 1958 


No. 465 


BROOMFIELD BANK, BROOMFIELD 

Boulder County 


OFFICERS FOR 1970 

I. K. Hoyle, President; M. L. Pfeiffer, Vice President; W. H. Kandt, 
Cashier; Betty L. Taylor, Secretary; V. Lucille Barnett, Assistant 
Cashier. 

DIRECTORS FOR 1970 

Francis M. Bain, Seth B. Bradley, K. C. Ensor, I. K. Hoyle, Roger 
D. Knight, Jr. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $75.00 unposted debits) $ 796,790.37 

U.S. Treasury securities 1,258,811.13 

Obligations of States and political subdivisions 733,820.35 

Other loans 4,531,090.09 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 86,824.93 

Other assets 99,377.39 


TOTAL ASSETS $ 7,546,714.26 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 3,121,328.70 

Time and savings deposits of individuals, partnerships, 

and corporations 2,355,579.26 

Deposits of United States Government 113,819.65 

Deposits of States and political subdivisions 846,798.57 

Certified and officers’ checks, etc. 138,652.02 

TOTAL DEPOSITS $6,576,178.20 

(a) Total demand deposits 3,566,661.32 

(b) Total time and savings deposits .. . 3,009,516.88 

Other liabilities 328,890.94 


TOTAL LIABILITIES .._,. $ 6,905,069.14 

RESERVES ON LOANS AND SECURITIES 
Reser\’e for bad debt losses on loans $ 77,001.74 


TOTAL RESERVES ON LOANS AND SECURITIES ..._$ 77,001.74 

CAPITAL ACCOUNTS 

Equity capital, total $ 564,643.38 

Common stock — total par value 200,000.00 

(No. shares authorized 10,000) 

(No. shares outstanding 10,000) 

Surplus 200,000.00 

Undivided profits 164,643.38 


TOTAL CAPITAL ACCOUNTS $ 564,643.38 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 7,546,714.26 


17 — 


Certificate Issued October 9, 1915 


No. 294 


THE FARMERS STATE BANK OF BRUSH, BRUSH 

Morgan County 


OFFICERS FOR 1970 

Warren M. Watrous, President; John J. Higgins, Vice President and 
Trust Officer; William A. Sauerbreit, Vice President and Cashier; 
Feme Kelly, Leslie W. Loose, Assistant Cashiers. 

DIRECTORS FOR 1970 

John H. Bloedorn, Raymond Fries, Robert U. Hansen, Robert H. 
Hedges, John J. Higgins, Frank M. Jensen, Daniel Kjeldgaard, 
Robert Petteys, William A. Sauerbreit, Warren M. Watrous. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks _$ 1,867,940.10 

U.S. Treasury securities 717,892.43 

Obhgations of States and political subdivisions 1,306,547.26 

Other loans . .. 5,155,134.16 

Bank premises, furniture and fixtures, and other assets 
representing bank premises 11,232.01 


TOTAL ASSETS $ 9,058,745.96 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 3,736,726.11 

Time and savings deposits of individuals, partnerships, 

and corporations 2,724,240.03 

Deposits of United States Government 198,146.28 

Deposits of States and political subdivisions ] ,164,603.57 

Deposits of commercial banks 3,516.46 

Certified and officers’ checks, etc. 163,530.84 

TOTAL DEPOSITS . $7,990,763.29 

(a) Total demand deposits 4,515,070.63 

(b) Total time and savings deposits — 3,475,692.66 


TOTAL LIABILITIES $ 7,990,763.29 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 81,617.10 


TOTAL RESERVES ON LOANS AND SECURITIES 81,617.10 


CAPITAL ACCOUNTS 

Equity capital, total $ 986,365.57 

Common stock — total par value 250,000.00 

(No. shares authorized 2,500) 

(No. shares outstanding 2,500) 

Surplus 400,000.00 

Undivided profits 336,365.57 


TOTAL CAPITAL ACCOUNTS $ 986,365.57 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS 


..$ 9,058,745.96 


Certificate Issued October 31, 1962 


No. 477 


BUENA VISTA BANK AND TRUST COMPANY, 
BUENA VISTA 

Chaffee County 


OFFICERS FOR 1970 

Glen H. Watmore, President; Ray L. Hanson, Vice President and 
Secretary; Elizabeth Propemick, Cashier. 

DIRECTORS FOR 1970 

Deil O. Gustafson, Norman S. Knudsen, Richard J. McHale, Marie 
R. Skogsberg, Milton H. Smith, Glenn H. Watmore, W. L. Wool- 
liscroft. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 

U.S. Treasury securities . . .. 

Obligations of States and political subdivisions 

Federal funds sold and securities purchased imder 

agreements to resell 

Other loans . 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 

Other assets 


350,346.15 

240,772.50 

93,640.41 

300,000.00 

1,845,238.09 

42,325.38 

31,043.23 


TOTAL ASSETS ....$ 2,903,365.76 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 908,124.44 

Time and savings deposits of individuals, partnerships, 

and corporations 986,819.13 

Deposits of United States Government ... 15,511.57 

Deposits of States and political subdivisions 594,799.65 

Deposits of commercial banks 45,000.00 

Certified and officers’ checks, etc. 73 597 32 

TOTAL DEPOSITS $2,623,852.11 

(a) Total demand deposits 1,266,374.47 

(b) Total time and savings deposits 1,357,477.64 

Other liabilities 62,477.92 


TOTAL LIABILITIES . $ 2,686,330.03 

RESERVES ON LOANS AND SECURITIES 
Reserv'e for bad debt losses on loans $ 15,594.28 


TOTAL RESERVES ON LOANS AND SECURITIES ....$ 15,594.28 

CAPITAL ACCOUNTS 

Equity capital, total $ 201,441.45 

Common stock — total par value 80,000.00 

(No. shares authorized 4,000) 

(No. shares outstanding 4,000) 

Surplus 60,000.00 

Undivided profits 59,196.45 

Reserve for contingencies and other capital reserves 2,245.00 


TOTAL CAPITAL ACCOUNTS $ 201,441.45 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS ....$ 2,903,365.76 


— 19 — 


Certificate Issued November 14, 1931 


No. 427 


THE BANK OF BURLINGTON, BURLINGTON 

Kit Carson, County 


OFFICERS FOR 1970 

George D. Tubbs, President; L. L. Reinecker, Executive Vice Presi- 
dent; Gene W. Penny, Vice President; Willard Gross, Cashier; Irene 
Wilcox, Charles C. Boyles, Assistant Cashiers. 

DIRECTORS FOR 1970 

WUlard Gross, Gene W. Penny, John C. Penny, L. L. Reinecker, 
George D. Tubbs. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 1,424,625.18 

U.S. Treasury securities 1,137,908.00 

Obligations of States and political subdivisions 930,015.15 

Other loans 3,637,332.51 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 2.00 

Other assets . 14,541.54 


TOTAL ASSETS 


$ 7,144,424.38 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 


Certified and officers’ checks, etc. 

TOTAL DEPOSITS $6,268,705.93 

(a) Total demand deposits 3,839,780.69 

(b) Total time and savings deposits 2,428,925.24 


3,489,031.05 

2,130,530.71 

52,652.49 

485,646.48 

110,845.20 


TOTAL LIABILITIES $ 6,268,705.93 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 35,835.56 


TOTAL RESERVES ON LOANS AND SECURITIES ... $ 35,835.56 

CAPITAL ACCOUNTS 

Equity capital, total $ 839,882.89 

Common stock — total par value 200,000.00 

(No. shares authorized 2,000) 

Surplus - 500,000.00 

Undivided profits 139,882.89 


TOTAL CAPITAL ACCOUNTS $ 839,882.89 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 7,144,424.38 


— 20 — 


Certificate Issued December 8, 1910 


No. 206 


THE BYERS STATE BANK, BYERS 

Arapahoe County 


OFFICERS FOR 1970 

L. R. Bate, President; R. E. Rice, Assistant Vice President; Shirley 
A. Nelson, Cashier; Phyllis Pemberton, Assistant Cashier. 

DIRECTORS FOR 1970 

L. R. Bate, Roland Cronk, Russell Floreth, Ellis Hodges, Willard 
Hubbs, Paul Richards, Robery M. Shay, John F. Shuman, H. Dean 
Summers, L. J. Tippett, Oliver Walts. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 251,640.96 

U.S. Treasury securities 504,687.50 

Securities of other U.S. Government agencies 

and corporations 147,200.00 

Obligations of States and political subdivisions 92,373.37 

Federal funds sold and securities purchased under 

agreements to resell . 100,000.00 

Other loans 1,429,427.11 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 18,707.74 

Real estate owned other than bank premises 6,283.58 

Other assets 31,323.70 


TOTAL ASSETS .$ 2,581,643.96 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 830,056.43 

Time and savings deposits of individuals, partnerships, 

and corporations 1,006,194.53 

Deposits of United States Government 10,441.30 

Deposits of States and political subdivisions 429|974!75 

Certified and officers’ checks, etc 27 894 16 

TOTAL DEPOSITS .. $2,304,561.17 

(a) Total demand deposits 895,866.64 

(b) Total time and savings deposits 1,408,694.53 

Other liabilities .. 43,815.65 

TOTAL LIABILITIES $ 2,348,376.82 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 22,977.04 


TOTAL RESERVES ON LOANS AND SECURITIES $ 22,977.04 

CAPITAL ACCOUNTS 

Equity capital, total $ 210,290.10 

Common stock— total par value 60,000.00 

(No. shares authorized 600) 

(No. shares outstanding 600) 

Surpli^ - - 140,000.00 

Undivided profits 10,290.10 

TOTAL CAPITAL ACCOUNTS ^27^29^10 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 2,581,643.96 


— 21 — 


Certificate Issued July 24, 1916 


No. 312 


FARMERS STATE BANK OF CALHAN, CALHAN 

El Paso County 


OFFICERS FOR 1970 

H. K. Fosha, President; John L. Pieper, Vice President; Dorothy 
M. Phillips, Cashier; Milton L. Mathis, Assistant Vice President. 

DIRECTORS FOR 1970 

H. K. Fosha, Milton L. Mathis, Dorothy M. Phillips, John L. Pieper, 
Vinita E. Pieper. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 426,162.80 

U.S. Treasury securities — 1,284,530.88 

Securities of other U.S. Government agencies 

and corporations 325,000.00 

Obligations of States and political subdivisions 622,086.20 

Federal funds sold and securities purchased under 

agreements to resell 200,000.00 

Other loans 2,814,203.61 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 26,850.00 

Real estate owned other than bank premises 26,995.16 

Other assets . ... 225.11 


TOTAL ASSETS 


5,726,053.76 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 


Certified and officers’ checks, etc. 

TOTAL DEPOSITS $5,302,151.44 

(a) Total demand deposits 2,550,377.40 

(b) Total time and savings deposits 2,751,774.04 

Other liabilities 


2,325,136.55 

2,178,974.04 

59,452.93 

664,997.02 

73,590.90 


15,761.42 


TOTAL LIABILITIES $ 5,317,912.86 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 23,850.33 


TOTAL RESER\rES ON LOANS AND SECURITIES . $ 23,850.33 

CAPITAL ACCOUNTS 

Equity capital, total $ 384,290.57 

Common stock — total par value 100,000.00 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus — 100,000.00 

Undivided profits 184,290.57 


TOTAL CAPITAL ACCOUNTS $ 384,290.57 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 5,726,053.76 


— 22 — 


Cei'tificate Issued August 21, 1939 


No. 433 


THE BANK OF DOUGLAS COUNTY, CASTLE ROCK 

Douglas County 


OFFICERS FOR 1970 

P. S. Millei', President; R. G. Oliver, Vice President; W. C. Buboltz, 
Vice President and Cashier; Elizabeth Corey, Dona W. Sherlock, 
Assistant Cashiers. 

DIRECTORS FOR 1970 
W. C. Buboltz, J. E. Miller, P. S. Miller. 


ASSETS 

Cash and due from banks - $ 

U.S. Treasury securities 

Obligations of States and political subdivisions 

Other loans 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 

Real estate owned other than bank premises 

Other assets 


Dec. 31, 1970 

1,243,141.84 

2,531,600.93 

1,182,042.26 

2,513,082.05 


TOTAL ASSETS 


LIABILITIES 

Demand deposits of individuals, partnerships, 
and corporations 


and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $6,600,951.95 

(a) Total demand deposits ... 3,537,251.34 

(b) Total time and savings deposits 3,063,700.61 

TOTAL LIABILITIES 


RESERVES ON LOANS AND SECURITIES 
Reser\"e for bad debt losses on loans 


TOTAL RESERVES ON LOANS AND SECURITIES ....$ 
CAPITAL ACCOUNTS 


Common stock — total par value 
(No. shares authorized 1,000) 
(No. shares outstanding 1,000) 

Surplus 

Undivided profits 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 



2.00 

1.00 

2,117.55 

...$ 

7,471,987.63 


2,694,236.40 


2,601,500.61 



23,639.55 


1,197,171.33 

84,404.06 

-$ 

6,600,951.95 

- $ 

45,059.46 

...$ 

45,059.46 

...$ 

825,976.22 


100,000.00 


200,000.00 


525,976.22 


825,976.22 

-S 

7,471,987.63 


— 23 


Certificate Issued February 21, 1944 


No. 437 


THE EASTERN COLORADO BANK, CHEYENNE WELLS 

Cheyenne County 


OFFICERS FOR 1970 

Victor Weed, President; V. L. Weed, Vice President; J. R. Weed, 
Cashier. 

DIRECTORS FOR 1970 

Irvin M. Bricker, August Kern, J. R. Weed, V. L. Weed, Victor 
Weed. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $92,534.12 unposted debits) $ 799,950.70 

U.S. Treasury securities 610,793.75 

Obligations of States and political subdivisions 410,787.09 

Federal funds sold and securities purchased under 

agreements to resell 400,000.00 

Other loans - 3,136,484.13 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 58,702.83 


TOTAL ASSETS 


5,416,718.50 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 


Certified and officers’ checks, etc. 

TOTAL DEPOSITS $4,964,642.49 

(a) Total demand deposits 2,731,525.09 

(b) Total time and savings deposits 2,233,117.40 


2,368,516.72 

1,966,117.40 

26,990.48 

585,597.68 

17,420.21 


TOTAL LIABILITIES 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 

TOTAL RESERVES ON LOANS AND SECURITIES 

CAPITAL ACCOUNTS 

Equity capital, total 

Common stock— total par value 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus . . - 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 


4,964,642.49 

9,957.41 


-$ 

9,957.41 

-$ 

442,118.60 

-$ 

100,000.00 

- 

150,000.00 

192,118.60 


$ 442,118.60 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 5,416,718.50 


— 24 — 


Certificate Issued September 17, 1965 


No. 486 


THE ACADEMY BOULEVARD BANK, 
COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

Carl J. Husome, President; Dale Wheeler, Cashier; Bernice Saun- 
ders, Gifford Holt, Richard J. Dreher, Mary L. Pollard, Assistant 
Cashiers. 

DIRECTORS FOR 1970 

Norton Bain, William Becker, John Beumer, G. Alan Cheney, Cort- 
land Cool, Cecil Ver Duft, Winford M. Griffin, Carl J. Husome, 
Paul O. Schneebeck, Billie H. Smartt, Harold M. Whitney. 


ASSETS Dec. 31, 1970 

Cash and due from banks 

(including $20,469.86 unposted debits) . $ 1,962,483.61 

U.S. Treasury securities 1,148,242.68 

Securities of other U.S. Government agencies 

and corporations 1,290,799.34 

Obligations of States and political subdivisions 760,320.96 

Other securities 5,000.00 

Other loans 2,271,261.15 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 296,107.51 

Other assets 83,915.22 


TOTAL ASSETS $ 7,818,130.47 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations - $ 3,279,873.39 

Time and savings deposits of individuals, partnerships, 

and corporations 1,887,203.91 

Deposits of United States Government 91,801.06 

Deposits of States and political subdivisions 741,380.01 

Certified and officers’ checks, etc. 902,523 23 

TOTAL DEPOSITS $6,902,781.60 

(a) Total demand deposits 4,274,732.64 

(b) Total time and savings deposits 2,628,048.96 

Mortgage indebtedness - . 106,332.81 

Other liabilities 162,232.67 


TOTAL LIABILITIES $ 7,171,347.08 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 27,687.48 

TOTAL RESERVES ON LOANS AND SECURITIES .. .*$ 27,687.48 

CAPITAL ACCOUNTS 

Equity capital, total — 619,095.91 

Common stock — total par value 250,000.00 

(No. shares authorized 25,000) 

(No. shares outstanding 25,000) 

Surplus — 250,000.00 

Undivided profits 119,095.91 

TOTAL CAPITAL ACCOUNTS $ 619,095.91 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 7,818,130.47 


— 25 — 


Certificate Issued July 13, 1956 


No. 466 


AMERICAN HERITAGE BANK AND TRUST CO. 
COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

H. C. Gerber, President; L. L. Gerber, John C. Birkes, William E. 
Sessions, Vice Presidents; Arne E. Skaugset, Jr., Vice President and 
Cashier; Elmer M. Wolfe, William R. Temple, Assistant Vice 
Presidents. 

DIRECTORS FOR 1970 

Rex L. Bennett, H. C. Gerber, L. L. Gerber, Robert W. Johnson, 
Donald J. Robertson, J. Selby Young. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 1,381,151.65 

U.S. Treasury securities 3,370,081.35 

Securities of other U.S. Government agencies 

and corporations 7,128.98 

Obligations of States and political subdivisions 4,732,079.65 

Other securities 65,719.00 

Other loans . 6,091,865.09 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 306,831.68 

Real estate owned other than bank premises 137,074.28 

Other assets 296,063.96 


TOTAL ASSETS 


$ 16,387,995.64 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations - 

Deposits of United States Government 

Deposits of States and political subdivisions 


Certified and officers’ checks, etc. 

TOTAL DEPOSITS $14,253,790.33 

(a) Total demand deposits 5,431,411.37 

(b) Total time and savings deposits.— 8,822,378.96 

Other liabilities .. .. 


4,946,350.02 

4,449,039.16 

160,319.56 

4,514,734.85 

183,346.74 


831,132.21 


TOTAL LIABILITIES $ 15,084,922.54 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 56,475.48 


TOTAL RESERVES ON LOANS AND SECURITIES -.$ 56,475.48 


CAPITAL ACCOUNTS 

Equity capital, total $ 1,246,597.62 

Common stock — total par value 405,000.00 

(No. shares authorized 40,500) 

(No. shares outstanding 40,500) 

Surplus . 710,000.00 

Undivided profits 131,597.62 


TOTAL CAPITAL ACCOUNTS $ 1,246,597.62 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS 


._$ 16,387,995.64 


Certificate Issued July 2, 1969 


No. 496 


THE BANK OF COLORADO, COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

Norman L. Wade, Pi’esident; Caywood B. Lindsey, Jr., Vice Presi- 
dent; Andrew J. Burski, Cashier; Lee R. Wills, Secretary. 

DIRECTORS FOR 1970 

Donald M. Bates, Claudius D. Fingar, Caywood B. Lindsey, Jr., 
Norman L. Wade, Robert W. Walker. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 447,428.66 

U.S. Treasury securities 49,975.00 

Securities of other U.S. Government agencies 

and corporations 397,998.09 

Federal funds sold and securities purchased under 

agreements to resell 200,000.00 

Other loans 1,463,644.49 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 291,826.27 

Other assets 17,330.66 


TOTAL ASSETS $ 2,868,203.17 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations ... $ 1,094,343.33 

Time and savings deposits of individuals, partnerships, 

and corporations 552,662.27 

Deposits of United States Government 19,406.60 

Deposits of States and political subdivisions 370,000.00 

Certified and officers’ checks, etc. _ 45 785 15 

TOTAL DEPOSITS ... $2,082,197.35 

(a) Total demand deposits 1,159,535.08 

(b) Total time and savings deposits 922,662.27 

Mortgage indebtedness 173,000.00 

Other liabilities 97,466.20 

TOTAL LIABILITIES $ 2.35^6^^55 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 12,237.70 

TOTAL RESERVES ON LOANS AND SECURITIES ....~$ 12,237.70 

CAPITAL ACCOUNTS 

Equity capital, total $ 503,301.92 

Common stock — total par value 250,000.00 

(No. shares authorized 250,000) 

(No. shares outstanding 250,000) 

Surplus 150,000.00 

Undivided profits 103,301.92 

TOTAL CAPITAL ACCOUNTS ."$ 503,301.92 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS 2,868.203.17 

— 27 — 


Cex'tificate Issued January 26, 1953 No. 454 

THE CENTRAL COLORADO BANK, COLORAEK) SPRINGS 

El Paso County 

OFFICERS FOR 1970 

Lewis M. Poe, Chair-man of the Board; Winford Griffin, President; 
Wesley E. Strain, Executive Vice President; N. A. Majors, Vice 
President and Cashier; James J. Clinger, Caywood B. Lindsey, Sr., 
Milo Yalich, Vice Presidents; Kenneth R. Weissenfluh, Jack C. 
Miller, Irene Powers, Norman R. Tinsdale, Assistant Vice Presi- 
dents; John M. Stafford, James E. Pilkington, W. R. Durrance, 
W. D. Bokelman, James J. Ocken, Assistant Cashiers; Terrj' P. 
Coffelt, Trust Officer. 

DIRECTORS FOR 1970 

Rush Appleman, Robert P. Foss, Winford Griffin, Kermeth F. Heizer, 
R. Keith Hook, Caywood B. Lindsey, Sr., C. D. Moore, Lewis M. 
Poe, Clarence Shearer, Billie H. Smartt, Wesley E. Strain. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 4,707,906.01 

U.S. Treasury securities 3,107,001.32 

Obligations of States and political subdivisions 9,765,639.50 

Other securities (including $48,442.08 corporate stocks) 57,518.58 

Other loans 14,908,428.85 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 372,028.57 

Real estate owned other than bank premises 17,146.46 

Other assets 446,914.96 


TOTAL ASSETS $ 33,382,584.25 

LIABILITIES 


Demand deposits of individuals, partnerships, 

and corporations . $ 12,090,847.26 

Time and savings deposits of individuals, partnerships, 

and corporations 7,838,318.44 

Deposits of United States Government . 1,718,434.82 

Deposits of States and political subdivisions 8,376,067.38 

Deposits of commercial banks 89,155.36 

Certified and officers’ checks, etc. 432,415.05 

TOTAL DEPOSITS . $30,545,238.31 

(a) Total demand deposits .. . . 16,476,315.93 

(b) Total time and savings deposits $14,068,922.38 

Mortgage indebtedness 40,547.05 

Other liabilities 722,789.12 


TOTAL LIABILITIES $ 31,308,574.48 

MINORITY INTEREST IN CONSOLIDATED 

SUBSIDIARIES $ 17,990.34 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 163,496.48 


TOTAL RESERVES ON LOANS AND SECURITIES $ 163,496.48 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,892,522.95 

Common stock— total par value 798,600.00 

(No. shares authorized 159,720) 

(No. shares outstanding 159,720) 

Surplus — - - 838,700.00 

Undivided profits .. 255,222.95 


TOTAL CAPITAL ACCOUNTS $ 1,892,522.95 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS .. 


_-S 33,382,584.25 


— 28 — 


Certificate Issued March 21. 1908 


No. 20 


COLORADO COMMERCIAL BANK, COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

Robert E. Trego. President; Richard W. Dailey, Executive Vice President; Max R. 
Meuli, Senior Vice President; Joseph W. Pearson, Senior Vice President and Trust 
Officer; Amos C. Lawrence, Jr., James A. Mock, Vice Presidents; M. O. Nielsen, 
Vice President-Manager of Installment Loan Department; A. J. Kieffer, Cashier; 
Frances M. Whyte, A^istant Vice President and Assistant Trust Officer; John H. 
ElweU. Assistant Vice President; Wesley G. Davis, Assistant Trust Officer; Donald 
E. Demaree, Jr., Operations Officer; Odes Ray Pierce, Jr., Installment Loan Offi- 
cer; Patty Willett, Administrative Officer; John H. Hoff, Jr., Credit Officer; Leota 
J. Roads, Teller Operations Officer; Mary Gean Ivy, Master Charge Officer; Joseph 
J. Schumacher, Credit Collection Officer; Robert W. Tator, Accounting Officer. 

DIRECTORS FOR 1970 

Richard W. Dailey, Frederick M. Farrar, Kenneth W. Geddes, Dan W. Howells, Bob 
Johnston, Jr., L. C. Slothower, Jr., Robert E. Trego, Gerald P. Wagner, Mark D. 
Wild. 


ASSETS Dec. 31, 1970 

Cash and due from banks (including $68,776.03 unposted debits) $ 1,630,338.33 

U.S. Treasury securities 3,095,594.08 

Obligations of States and political subdivisions 1,911,779.13 

Federal funds sold and securities purchased under 

agreements to resell 1,000,000.00 

Other loans 10,446,480.95 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 162,787.59 

Real estate owned other than bank premises 439,519.10 

Other assets 186,250.68 


TOTAL ASSETS $ 18,872,749.86 

LIABILITIES 

Demand deposits of individuals, partnerships, and corporations $ 6,267,616.66 

Time and savings deposits of individuals, partnerships, 

and corporations 7,525,190.39 

Deposits of United States Government 378,319.09 

Deposits of States and political subdivisions 1,951,825.86 

Deposits of commercial banks 20,000.00 

Certified and officers’ checks, etc 124,004.98 


(a) Total demand deposits 6,878,653.52 

fbl Total time and savings deposits 9,3M,303.46 

Other liabilities for borrowed money 115,000.00 

Mortgage indebtedness 303,070.54 

Other liabilities 527,270.23 


TOTAL LIABILITIES $ 17,212,297.75 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 231,161.47 


TOTAL RESERVES ON LOANS AND SECURITIES S 231,161.47 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,429,290.64 

Common stock — total par value 500,000.00 

tNo. shares authorized 100,000) 

(No. shares outstanding 100,000) 

Surplus 700,000.00 

Undivided profits 189,290.64 

Reserve for contingencies and other capital reserves 40,000.00 


TOTAL CAPITAL ACCOUNTS $ 1,429,290.64 


TOTAL LIABILITIES. RESERVES AND CAPITAL ACCOUNTS $ 18,872,749.86 


— 29 — 


Certificate Issued Maj^ 29, 1950 


No. 449 


METROPOLITAN STATE BANK, COMMERCE CITY 

Adams County 


OFFICERS FOR 1970 

Kenneth S. Agnew, President; Richard L. Agnew, Vice President; 
Kenneth M. Agnew, Cashier; Arthur C. Delventhal, Robert R. 
Suter, Assistant Cashiers. 

DIRECTORS FOR 1970 

Kenneth M. Agnew, Kenneth S. Agnew, Olive L. Agnew, Richard 
L. Agnew, E. Kathleen Bauder. 


Dec. 31, 1970 

ASSETS 

Ca.sh and due from banks $ 630,486.16 

U.S. Treasury securities 1,090,494.80 

Other loans 6,121,521.81 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 200,000.00 

Real estate owned other than bank premises 26,387.70 

Other assets 16,688.11 


TOTAL ASSETS $ 8,085,578.58 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 3,618,687.71 

Time and savings deposits of individuals, partnerships, 

and corporations 2,499,098.48 

Deposits of United States Government 145,570.12 

Deposits of States and political subdivisions . 317,740.13 

Certified and officers’ checks, etc 103,903 33 

TOTAL DEPOSITS $6,684,999.77 

(a) Total demand deposits .._ 4,165,901.29 

(b) Total time and savings deposits . 2,519,098.48 
Federal funds purchased and securities sold under 

agreements to repurchase 300,000.00 

Other liabilities 358,151.18 


TOTAL LIABILITIES $ 7,343,150.95 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 14,715.86 


TOTAL RESERVES ON LOANS AND SECURITIES $ 14,715.86 

CAPITAL ACCOUNTS 

Equity capital, total $ 727,711.77 

Common stock — total par value 250,000.00 

(No. shares authorized 2,500) 

(No. shares outstanding 2,500) 

Surplus 250,000.00 

Undivided profits 227,711.77 


TOTAL CAPITAL ACCOUNTS _ $ 727,711.77 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 8,085,578.58 


— 30 — 


Certificate Issued May 15, 1936 


No. 429 


THE CITIZENS STATE BANK OF CORTEZ, CORTEZ 

Montezuma County 


OFFICERS FOR 1970 

Charles M. Searle, President; Belmear D. Brown, Vice President 
and Cashier; Paul W. Williamson, Vice President; Billie Marsell, 
Gordon A. Miracle, Assistant Cashiers; Eleanor McAllister, Assistant 
Vice President. 

DIRECTORS FOR 1970 

George E. Dilts, H. C. Flaugh, Jack Hawkins, William C. Hutchison, 
Charles M. McAfee, Marvin Owens, Sterling C. Phillips, Charles M. 
Searle. George Smith, Jr. 


Dec. 31, 197C 

ASSETS 

Cash and due from banks $ 954,252.15 

U.S. Treasury securities 410,603.67 

Obligations of States and political subdivisions _ 1,396,030.29 

Other securities 2,434.75 

Other loans 5,185,228.67 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 64,977.27 

Real estate owned other than bank premises 8,809.02 

Other assets 38,234.04 


TOTAL ASSETS 8,060,569.86 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . . $ 2,485,013.67 

Time and savings deposits of individuals, partnerships, 

and corporations 3,746,987.49 

Deposits of United States Government - 143,338.80 

Deposits of States and political subdivisions . 888,449.66 

Deposits of commercial banks 26,313.03 

Certified and officers’ checks, etc. 34,630.00 

TOTAL DEPOSITS . $7,324,732.65 

(a) Total demand deposits - 3,150,959.80 

(b) Total time and savings deposits . 4,173,772.85 

Other liabilities 48,080.52 


TOTAL LIABILITIES _$ 7,372,813.17 

RESERVES ON LOANS AND SECURITIES 

Reserve for bad debt losses on loans $ 146,575.85 

Reserves on securities 6,131.56 


TOTAL RESERVES ON LOANS AND SECURITIES $ 152,707.41 


CAPITAL ACCOUNTS 

Equity capital, total $ 535,049.28 

Common stock — total par value 200,000.00 

(No. shares authorized 20,000) 

(No. shares outstanding 20,000) 

Surplus 200,000.00 

Undivided profits 135,049.28 


TOTAL CAPITAL ACCOUNTS $ 535,049.28 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 8,060,569.86 


— 31 — 


Certificate Issued September 28, 1925 


No. 421 


THE MOFFAT COUNTY STATE BANK. CRAIG 

Moffat County 


OFFICERS FOR 1970 

Dale F. Fagot. President: F. R. Montgomery. Executive Vice Presi- 
dent; O. L. Ashliman, James C. Davis, Vice Presidents; E. W. 
Johnson, Assistant Vice President; George E. Swanson, Cashier; 
Tony T. Angelo. Assistant Cashier. 

DIRECTORS FOR 1970 

O. L. Ashliman, Dale F. Fagot, F. R. Montgomery, Ronald L. Moore, 
James H. Oliver. George E. Swanson. 


Dec. 31. 1970 


ASSETS 

Cash and due from banks $ 897,381.29 

U.S. Treasury securities . . 4,491,639.63 

Obligations of States and political subdivisions 2,538,960.21 

Other loans 7,076,373.15 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 187,628.17 

Other assets 23,459.56 


TOTAL ASSETS . $ 15,215,442.01 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 5,145.626.60 

Time and savings deposits of individuals, partnerships, 

and corporations . 4,080,122.84 

Deposits of United States Government 2,925,177.59 

Deposits of States and political subdivisions 1,296,216.51 

Certified and officers’ checks, etc. 198,049.08 

TOTAL DEPOSITS . 813,645,192.62 

(a) Total demand deposits 8,594,406.45 

(b) Total time and savings deposits 5,050,786.17 

Other liabilities - 362,428.86 


TOTAL LIABILITIES $ 14,007,621.48 

RESERVES ON LOANS AND SECURITIES 

Reserve for bad debt losses on loans $ 107,780.61 

Reserves on securities 3,245.32 


TOTAL RESERVES ON LOANS AND SECURITIES $ 111,025.93 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,096,794.60 

Common stock — total par value 400,000.00 

(No. shares authorized 4,000) 

(No. shares outstanding 4,000) 

Surplus . 400,000.00 

Undivided profits 296,794.60 


TOTAL CAPITAL ACCOUNTS 8 1,096,794.60 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 15,215,442.01 


— 32 — 


Certificate Issued April 8, 1937 


No. 431 


THE RIO GRANDE COUNTY BANK, DEL NORTE 

Rio Grande County 


OFFICERS FOR 1970 

John Reason, President; L. C. Martz, Vice President; John D. Von 
Bernuth, Cashier; Louise D. Goforth, John L. Martz, Assistant 
Cashiers. 

DIRECTORS FOR 1970 

Alex Colville, Richard E. Concur, Elizabeth A. Concur, L. C. Martz, 
John Reason. 


Dec. 31, 197C 


ASSETS 

Cash and due from banks 

(including $18,636.84 unposted debits) $ 812,902.25 

U.S. Treasury securities 303,966.02 

Obligations of States and political subdivisions 315,459.05 

Other securities (including $3,000.00 corporate stocks) 13,000.00 

Other loans 1,184,095.16 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 5,697.95 

Real estate owned other than bank premises 5,703.15 

Other assets 2,172,26 


TOTAL ASSETS . $ 2,642,995.84 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,674,178.98 

Time and savings deposits of individuals, partnerships, 

and corporations . .. . 372,568.27 

Deposits of United States Government 7,000.00 

Deposits of States and political subdivisions 262,855.65 

Certified and officers’ checks, etc. 45,620 47 

TOTAL DEPOSITS .$2,362,223.37 

(a) Total demand deposits 1,986,655.10 

(b) Total time and savings deposits ... 375,568.27 

Other liabilities 55,569.98 


TOTAL LIABILITIES $ 2,417,793.35 

RESERVES ON LOANS AND SECURITIES 
Reser\"e for bad debt losses on loans .... $ 8,993.13 

TOTAL RESERVES ON LOANS AND SECURITIES ^$ 8,993.13 

CAPITAL ACCOUNTS 

Equity capital, total $ 216,209.36 

Common stock — total par value 25,000.00 

(No. shares authorized 250) 

(No. shares outstanding 250) 

Surplus 75,000.00 

Undivided profits 116,209.36 


TOTAL CAPITAL ACCOUNTS $ 216,209.36 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS ..$ 2,642,995.84 


— 33 — 


Certificate Issued April 27, 1909 


No. 149 


THE COLORADO BANK AND 

TRUST COMPANY OF DELTA, DELTA 

Delta County 


OFFICERS FOR 1970 

Melvin Springer, Jr., President; L. J. Springer, Vice President; O. E. 
Waddle, Assistant Vice President; R. E. Blaine, Cashier; Dorothy F. 
Hampton, Marie Keenan, Assistant Cashiers. Chas. E. Parker, Sec- 
retary of the Board. 

DIRECTORS FOR 1970 

Donald E. Foster, Hobart J. Knight, Chas. E. Parker, L. J. Springer, 
Melvin Springer, Jr. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 1,210,416.06 

U.S. Treasury securities 2,809,831.68 

Securities of other U.S. Government agencies 

and corporations 200,062.50 

Obligations of States and political subdivisions 1,530,910.37 

Other securities (including $30,000.00 corporate stocks) 30,000.00 

Federal funds sold and securities purchased under 

agreements to resell 500,000.00 

Other loans 6,874,182.52 

Bank premises, furniture and fixtures, and other assets 

representing bank premises - 396,324.13 

Other assets 276,696.52 


TOTAL ASSETS $ 13,828,423.78 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations - $ 5,190,753.37 

Time and savings deposits of individuals, partnerships, 

and corporations 5,248,545.60 

Deposits of United States Government — 91,014.19 

Deposits of States and political subdivisions 1,468,342.39 

Certified and officers’ checks, etc. 127,988.30 

TOTAL DEPOSITS $12,126,643.85 

fa) Total demand deposits 5,856,598.25 

(b) Total time and savings deposits ... 6,270,045.60 
Other liabilities 162,063.04 


TOTAL LIABILITIES $ 12,288,706.89 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 121,072.75 


TOTAL RESERVES ON LOANS AND SECURITIES _$ 121,072.75 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,418,644.14 

Common stock — total par value 300,000.00 

(No. shares authorized 30,000) 

(No. shares outstanding 30,000) 

Surplus 700,000.00 

Undivided profits 418,644.14 


TOTAL CAPITAL ACCOUNTS $ 1,418,644.14 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 13,828,423.78 


— 34 -- - 


Certificate Issued September 1, 1953 


No. 457 


BANK OF DENVER, DENVER 

Denver County 


OFFICERS FOR 1970 

Walter C. Emery, President; H. C. Denny, Mervyn E. Eastberg, Earl L. Fedder, 
Lester W. Hall, A. W. Smith, Vice Presidents; George F. Rock, III, Vice President 
and Cashier; L. H. Lindemann, Vice President and Auditor; William G. Moore, 
Controller; Merle M. Owens, Eugene H. Rock, Assistant Vice Presidents; Patricia 
C. Connell, Jerry D. Dirks, Assistant Cashiers. 

DIRECTORS FOR 1970 

H. C. Denny, J. M. Emery, Walter C. Emery, Robert A. Galbasin, N. L. Koin, R. J. 
Lawrence, Marie K. Rock, B. J. Schafer, John J. Vance, Russell H. Volk, W. W. 
Wilson, Jr. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 2,277,938.50 

U.S. Treasury securities 4,219,027.14 

Securities of other U.S. Government agencies 

and corporations 1,200,078.13 

Obligations of States and political subdivisions 4,208,765.69 

Other securities (including $116.00 corporate stocks) 116.00 

Federal funds sold and securities purchased under 

agreements to resell 1,500,000.00 

Other loans 13,612,604.94 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 894,226.91 

Real estate owned other than bank premises 91,546.74 

Customer’s liability to this bank on acceptances 

outstanding .. 12,000.00 

Other assets 307,249.82 

TOTAL ASSETS .$ 28,323,553.87 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 10,583,875.66 

Time and savings deposits of individuals, partnerships, 

and corporations 11,092,210.98 

Deposits of United States Government 1,006,667.48 

Deposits of States and political subdivisions 2,09l’l42.71 

Certified and officers’ checks, etc. 256 197 20 

TOTAL DEPOSITS $25,030,094.03 

(a) Total demand deposits 11,845,883.05 

(b) Total time and savings deposits 13,184,210.98 

Mortgage indebtedness .. 484,293.18 

Acceptances executed by or for account of 

this bank and outstanding 12,000.00 

Other liabilities 648,784.05 

TOTAL LIABILITIES $ 26,175,171.26 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 167,619.41 


CAPITAL ACCOUNTS 

Equity capital, total $ 1,980,763.20 

Common stock — total par value 600,000.00 

(No. shares authorized 60,000) 

(No. shares outstanding 60,000) 

Surplus 800,000.00 

Undivided profits 580,763.20 

TOTAL CAPITAL ACCOUNTS $ 1,980,763 20 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 28,323,553.^ 


— 35 — 


Certificate Issued December 30. 1960 


No. 473 


CENTER STATE BANK. DENVER 

Denver County 


OFFICERS FOR 1970 

Norman D. Dufva, President and Cashier; Mai-j- M. Doty, G. Richard 
Graham. Vice Pi'esidents; Douglas C. Miller, Assistant Vice Presi- 
dent; Paul W. Scheidecker, II, Dolores K. Kerr, Beatrice Martin, 
Karen Williams. Assistant Cashiers. 

DIRECTORS FOR 1970 

Monte Carroll. Mary M. Doty, Norman D. Dufva, Hariy J. Gobert, 
A. W. Hiner, E. C. Viner, Paul G. West. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks S 965,759.02 

U.S. Treasury securities 340,310.43 

Securities of other U.S. Government agencies 

and corporations . 100,062.50 

Obligations of States and political subdivisions . 1,408,896.87 

Federal funds sold and securities purchased under 

agreements to resell . 550,000.00 

Other loans 4,726,574.21 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 705,324.63 

Other assets .. 43,005.31 


TOTAL ASSETS S 8,839,932.97 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 4,187,209.03 

Time and savings deposits of individuals, partnerships, 

and corporations 2,370,695.23 

Deposits of United States Government 259,048.69 

Deposits of States and political subdivisions 282,836.48 

Certified and officers’ checks, etc. 128,333.99 

TOTAL DEPOSITS $7,228,123.42 

(a) Total demand deposits — 4,555,349.80 

(b) Total time and savings deposits 2,672,773.62 

Other liabilities for borrowed money 16,000.00 

Mortgage indebtedness 419,017.18 

Other liabilities 374,003.98 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 28,896.12 


TOTAL RESERVES ON LOANS AND SECURITIES .$ 28,896.12 

CAPITAL ACCOUNTS 

Equity capital, total $ 773,892.27 

Common stock — total par value 432,000.00 

(No. shares authorized 21,600) 

(No. shares outstanding 21,600) 

Surplus 197,000.00 

Undivided profits 144,892.27 


TOTAL CAPITAL ACCOUNTS $ 773,892.27 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS S 8.839,932.97 


36 — 


Certificate Issued June 16. 1.908 


No. 30 


THE CENTRAL BANK AND TRUST COMPANY, DENVER 

Denver County 


OFFICERS FOR 1970 

Max G. Brooks, Chairman of the Board; Donald D. Hoffman. President; R. J. 
Nelson, Executive Vice President; Marvin F. Owens, Harley N. Patton, Jr.. A. 
Asbomo, Senior Vice Presidents; William K. Ingram, James B. Osbourn, Vernon 
T. Walker, Mason Frey, Don Echtermeyer, Bill Gossett, E. John Diedrich, Ronald 
F. Jerman, Roger L. Stokes, James J. Guse, Ben Gibson. Richard L. Hanley, 
Edward B. Slocum, Larry L. Varnell, Vice Presidents; W. Warren Culpepper, 
Joseph W. Hovorka, Mark Norwalk. Dale G. Brooks, John A. Edmiston, Haskell 
H. Croy, William W. Clark. Thomas A. Dinkel, Charles A. Drummond, Jim W. 
Trimm, Jack R. Jacobson, Elvin R. Stiles, William H. Echelmeyer, Assistant Vice 
Presidents; Edward C. Hofmann, Senior Vice President and Cashier; Keith Linde- 
man. Vice President and Comptroller; Dennis Buck, Dari G. Hobson, Frank Bur- 
horn, Larry G. Matthes, Ed Sherman, Fred Doud, Gene Veraldi, Dwight Bowen. 
Mrs. Eileen Klein, Fred J. Howell, Eugene Jaeger. William R. Weber. Charles R. 
Marsh. Roger Williams. Harry R. Underdown. Frank Casey, Larry Flemming, 
Oscar F. Pratt, James N. Stanley, William W. Howard, Mrs. Florence Lamport, 
Lyle A. Walter, William Dale, James D. Phelps. Miss Shirley Carrier, Herman E. 
Rachut, Garry E. Brooks, Assistant Cashiers; Charles P. Gallagher. Vice President 
and Trust Officer; Robert W. Jeavons, Trust Investment Officer; Jay Maddox, 
Trust Officer; Norm Wright. Data Processing Manager; C. L. Johnson, Auditor, 
Don Drumm, Assistant Auditor; Joseph R. Lincoln, Senior Vice President and 
General Counsel. 

DIRECTORS FOR 1970 

Charles F. Brannon. Max G. Brooks, Donald R. Chabot, Lewis W. Dymond, Edgar 
Egan. Donald D. Hoffman. Lloyd J. King, Dean R. Kittel, Roy L. Mason, Henry 
D. Mitchell, R. J. Nelson, Richard H. O’Brien, J. W. Ringsby, Gerald L. Schless- 
man, Benjamin F. Stapleton, Morley P. Thompson, Harry A. Trueblood, Jr., 
Francis S. Van Derbur. Lucien Wulsin. 


ASSETS Dec. 31, 1970 

Cash and due from banks (including $764,964.16 unposted debits) S 61,282,848.82 

U.S. Treasury securities 17,440,587.47 

Securities of other U.S. Government agencies and corporations 10.118.85 

Obligations of States and political subdivisions 18,951.686!58 

Other securities (including $794,210.28 corporate stocks) 809,21l!28 

Federal funds sold and securities purchased under 

agreements to resell 9.100,000.00 

Other loans 174,743.513.86 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 3,369,606.66 

Real estate owned other than bank premises 1,171 96 

Other assets . .. 3.534,600.52 


TOTAL ASSETS 

LIABILITIES 

Demand deposits of individuals, partnerships, and corporations 
Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 


Deposits of commercial banks 

Certified and officers’ checks, etc 

TOTAL DEPOSITS $236,938,256.11 

(a) Total demand deposits 128,050,131.09 

(b) Total time and savings deposits 108,888,125.02 


Federal funds purchased and securities sold under 

agreements to repurchase 

Other liabilities for borrowed money 

Mortgage indebtedness 

Other liabilities 


$289,243,346.00 

$ 77.470,198.50 

100,692.688.02 

3.985.018.33 

6,209,295.58 

44,818,878.68 

3,762,177.00 


9.400.000. 00 

2.500.000. 00 

1. . 356.734.09 

- 14,855,800.00 


TOTAL LIABILITIES 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 


$265,050,790.20 
$ 2,630,840.16 


TOTAL RESERVES ON LOANS AND SECURITIES . 

CAPITAL ACCOUNTS 

Capital notes and debentures 

Equity capital, total 

Common stock-total par value 

(No. shares authorized 510,000) (No. shares outstanding 5l6,6o6j 

Surplus 

Undivided profits 


$ 2,630,840.16 

$ 5.800,000.00 
15,761.715.64 

5.100.000. 00 

6.100.000. 0C 
4,561.715.64 


TOTAL CAPITAL ACCOUNTS $ 21,561,715.64 

TOTAL LIABILITIES. RESERVES. AND CAPITAL ACCOUNTS $289,243,346.00 


— 37 — 


Certificate Issued October 5, 1908 


No. 92 


THE COLORADO STATE BANK OF DENVER, DENVER 

Denver Countj^ 


OFFICERS FOR 1970 

Elwood M. Kullgren, President; Merlin C. Williams, Executive Vice President; 
Glen B. Clark, Ralph E. Nelson, Senior Vice Presidents; Donald M. Troutman, Vice 
President and Cashier; Robert S. Anderson, James R. Elliott, Mary P. Heatwole, 
Robert E. Lewis, Robert J. Woods, Vice Presidents; James K. Garrett, Ralph M. 
Slapper, John G. Wilkinson, Assistant Vice Presidents; Donald R. Drummer, As- 
sistant Cashier. 

DIRECTORS FOR 1970 

J. W. Allison, Keith L. Brown, George P. Caulkins, Jr., Glen B. Clark, Stewart 
Cosgriff, Ralph E. Nelson, Richard E. Pate, Jr., Finlay M. Robinson, J. William 


Dec. 31 1970 

ASSETS 

Cash and due from banks 

(including $114,608.67 unposted debits) S 4,896,293.51 

U.S. Treasury securities 4,400,289.89 

Obligations of States and political subdivisions 9,545,905.37 

Federal funds sold and securities purchased under 

agreements to resell 2,400,000.00 

Other loans 25,074,971.85 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 332,609.46 

Real estate owned other than bank premises 40,006.07 

Other assets . 359, 681.64 

TOTAL ASSETS $ 47.049,757.79 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 18,602,595.52 

Time and savings deposits of individuals, partnerships, 

and corporations 19,119,247.76 

Deposits of United States Government 520,136.79 

Deposits of States and political subdivisions -. 2,777,834.88 

Deposits of foreign governments and 

official institutions . 454.85 

Certified and officers’ checks, etc. 486,110.94 

TOTAL DEPOSITS $41,506,380.74 

(a) Total demand deposits 21,073,132.98 

(b) Total time and savings deposits 20,433,247.76 

Other liabilities $ 1,547,615.91 

TOTAL LIABILITIES $ 43,053,996.65 

RESERVES ON LOANS AND SECURITIES 

Reserve for bad debt losses on loans $ 456,878.50 

TOTAL RESERVES ON LOANS AND SECURITIES .$ 456,878.50 

CAPITAL ACCOUNTS 

Equity capital, total $ 3,538,882.64 

Common stock — total par value 1,250,000.00 

(No. shares authorized 62,500) 

(No. shares outstanding 62,500) 

Surplus 1,250,000.00 

Undivided profits 500,000.00 

Reserve for contingencies and other capital reserves.-. 538,882.64 

TOTAL CAPITAL ACCOUNTS $ 3,538,882.64 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS - S 47,049,757.79 

— 38 — 


Certificate Issued January 22, 1970 


No. 497 


COLUMBINE STATE BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Sidney C. King, President; Leonard I. Paulson, Vice President; 
Alvin A. Smith, Cashier; Larry V. Morris, Assistant Vice President. 

DIRECTORS FOR 1970 

David Butler, Robert L. Cohen, Robert H. Gaiser, Sidney C. King, 
Donald K. Norgren, Karl A. Schmid, Russell E. Wright. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 1,050,072.46 

U.S. Treasury securities 654,873.44 

Securities of other U.S. Government agencies 

and corporations 120,000.00 

Federal funds sold and securities purchased under 

agreements to resell 300,000.00 

Other loans 1,465,656.32 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 355,356.30 

Other assets 41,435.14 


TOTAL ASSETS $ 3,987,393.66 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,658,345.44 

Time and savings deposits of individuals, partnerships, 

and corporations 1,295,007.33 

Deposits of United States Government 23,223.57 

Deposits of States and political subdivisions 110,000.00 

Certified and officers’ checks, etc. 67 719 54 

TOTAL DEPOSITS $3,154,295.88 

(a) Total demand deposits 1,749,288.55 

(b) Total time and savings deposits 1,405,007.33 

Other liabilities for borrowed money 13,000.00 

Mortgage indebtedness 196,565.09 

Other liabilities 111,878.53 


TOTAL LIABILITIES $ 3,475,739.50 


CAPITAL ACCOUNTS 

Equity capital, total $ 511,654.16 

Common stock — total par value 275,000.00 

(No. shares authorized 27,500) 

(No. shares outstanding 27,500) 

Surplus 165,000.00 

Undivided profits 71,654.16 


TOTAL CAPITAL ACCOUNTS $ 511,654.16 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS ... 


S 3,987,393.66 


Certificate Issued February 2, 1966 


No. 487 


GUARANTY BANK OF STAPLETON, DENVER 

Denver County 


OFFICERS FOR 1970 

I. J. Shore, Chairman of the Board; Don T. Tinker, President; 
Marlin D. Dixon, Vice President and Cashier. 

DIRECTORS FOR 1970 

Arnold Alpert, Joe Alpert, Morris Bershof, Hugh Crabb, Jack 
Diamond, David Golden, Herman Horwich, I. J. Shore, Hyman 
Waldbaum, Max Weisbly, Homer Woehnnyer. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $13,372.32 unposted debits) S 739,493.73 

U.S. Treasury securities 599,983.31 

Securities of other U.S. Government agencies 

and corporations 599,879.03 

Obligations of States and political subdivisions 63,268.12 

Other loans 1,782,457.91 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 45,270.27 

Other assets .. .. 94,869.79 


TOTAL ASSETS $ 3,925,222.16 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,672,619.85 

Time and savings deposits of individuals, partnerships, 

and corporations 1,095,640.97 

Deposits of United States Government 90,125.25 

Deposits of States and political subdivisions 400,529.29 

Deposits of commercial banks 6,903.00 

Certified and officers’ checks, etc. 30,129.83 

TOTAL DEPOSITS . ... .„$3,295,948.19 

(a) Total demand deposits 1,800,307.22 

(b) Total time and savings deposits 1,495,640.97 

Other liabilities . 47,657.05 


TOTAL LIABILITIES $ 3,343,605.24 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 6,114.06 


TOTAL RESERVES ON LOANS AND SECURITIES ....$ 6,114.06 

CAPITAL ACCOUNTS 

Equity capital, total $ 575,502.86 

Common stock — total par value 300,000.00 

(No. shares authorized 30,000) 

(No. shares outstanding 30,000) 

Surplus 150,000.00 

Undhdded profits 125,502.86 


TOTAL CAPITAL ACCOUNTS S 575,502.86 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS S 3,925,222.16 


— 40 


Certificate Issued July 1, 1955 


No. 460 


GUARANTY BANK AND TRUST COMPANY, DENVER 

Denver County 


OFFICERS FOR 1970 

Herman Horwich, Chairman of the Board; Joe Alpert, Honorary Chairman; Victor 
V. Hawkins, President; Ralph D. Williams, Vice President and Cashier; Harry A. 
Zinn, Don B. Tinker, Orville C. Winstead, Vice Presidents; Harvey W. Wichner, 
Vice President and Trust Officer; B. LaRae Orullian, Vice President and Secre- 
tary; John R. Woods, Alvarize J. Brin, Carrold E. Burns, Assistant Vice Presi- 
dents; Robert J. Kinch, Assistant Cashier. 

DIRECTORS FOR 1970 

Joe Alpert, Oscar W. Anderson, J. Leonard Berman, Charles M. Berwick, N. L. 
Chaplicki, Dr. Mack L. Clayton, Herbert V. Cook, Ronald L. Crabb, Max J. Freed- 
man, Victor V. Hawkins, Herman Horwich, Palmer Hoyt, Victor Lederman, Dr. 
Maurice E. Marcove, Joseph D. Pepper, Gerald M. Quiat, James C. Schafer, Ber- 
nard J. Schaffner, I. J. Shore, Max Weinstein, Eugene J, Weisberg, Max Weisbly, 
Paul A. Yetter, Harry Zinn. 


ASSETS Dec. 31, 1970 

Cash and due from banks 

(including $261,074.43 unposted debits) $ 5,875,112.13 

U.S. Treasury securities 8,217,804.60 

Obligations of States and political subdivisions 2,645,252.02 

Other securities 2,500.00 

Federal funds sold and securities purchased under 

agreements to resell _ . 2,000,000.00 

Other loans . . ... 24,669,913.48 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . 50,995.23 

Real estate owned other than bank premises 12,075.00 

Other assets 378,966.76 


LIABILITIES 

Demand deposits of individuals, partnerships. 


Time and savings deposits of individuals, partnerships, 

and corporations . 16,935,367.10 

Deposits of United States Government 1,469,004.95 

Deposits of States and political subdivisions 2,497,882.97 

Deposits of commercial banks 544,889,61 

Certified and officers’ checks, etc. 327,479 37 

TOTAL DEPOSITS $39,124,409.20 

(a) Total demand deposits 19,872,322.04 

(b) Total time and savings deposits 19,252,087.16 

Other liabilities . .. 573,664.66 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 422,850.71 


TOTAL RESERVES ON LOANS AND SECURITIES $ 422 850 71 

CAPITAL ACCOUNTS 

Equity capital, total $ 3,731,694.65 

Common stock — total par value 1,575,000.00 

(No. shares authorized 157,500) 

(No. shares outstanding 157,500) 

Surplus — 1,725,000.00 

Undivided profits 431,694.65 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS ...$ 43,852,619.22 


— 41 — 


Certificate Issued March 18, 1969 


No. 494 


MID-STATES BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

H. J. Bleakley, President; L. R. Fredrick, Vice President; Leslie 
A. Gifford, Cashier. 

DIRECTORS FOR 1970 

H. J. Bleakley, John F. Harper, Mike A. Leprino, A. I. McCroskie, 
John W. O’Dorisio. 


Dec. 31 1970 

ASSETS 

Cash and due from banks $ 190,988.08 

Obligations of States and political subdivisions 108,633.32 

Federal funds sold and securities purchased under 

agreements to resell 200,000.00 

Other loans 812,971,57 

Bank premises, furniture and fixtures, and other assets 
representing bank premises 40,608.84 


TOTAL ASSETS . . . $ 1,353,201.81 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations S 343,415.28 

Time and savings deposits of individuals, partnerships, 

and corporations 303,129.60 

Deposits of United States Government 6,727.24 

Deposits of States and political subdivisions 120,000.00 

Certified and officers’ checks, etc. 31,018.99 

TOTAL DEPOSITS $804,291.11 

(a) Total demand deposits .. 381,161.51 

(b) Total time and savings deposits 423,129.60 

Other liabilities . . . ... 30,386.86 


TOTAL LIABILITIES . .$ 834,677.97 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 100.00 


TOTAL RESERVES ON LOANS AND SECURITIES . 100.00 

CAPITAL ACCOUNTS 

Equity capital, total $ 518,423.84 

Common stock — total par value 250,000.00 

(No. shares authorized 25,000) 

(No. shares outstanding 25,000) 

Surplus . 150,000.00 

Undivided profits 118,423.84 


TOTAL CAPITAL ACCOUNTS $ 518,423.84 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS S 1,353,201.81 


— 42 — 


Certificate Issued September 18, 1968 


No. 493 


MONTBELLO STATE BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Charles R. Sillstrop, President; Marvin F. Owens, III, Cashier. 
DIRECTORS FOR 1970 

Kenneth A. Bundy, Matthew L. Gibson, Jr., Edward F. Hanifen, 
Charles H. Hughes, Vincent N. Schmitz, Charles R. Sillstrop, J. H. 
Silversmith, Jr., George T. Sweeney, Jack E. Wagenblast, Thomas 
A. Waters. 


ASSETS 

Cash and due from banks $ 

U.S. Treasury securities 

Federal funds sold and securities purchased under 

agreements to resell 

Other loans - 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 

Other assets 


Dec. 31 1970 

847,759.19 

159,512.60 

100,000.00 

1,654,564.69 

261,240.13 

18,645.23 


TOTAL ASSETS 


$ 3,041,721.84 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Deposits of commercial banks 

Certified and officers’ checks, etc. . 

TOTAL DEPOSITS $2,359,899.54 

(a) Total demand deposits 1,292,246.04 

(b) Total time and savings deposits 1,067,653.50 

Mortgage indebtedness 

Other liabilities 


1,221,812.01 

967,653.50 

23,738.09 

100,000.00 

5,000.00 

41,695.94 


167,259.82 

69,941.45 


TOTAL LIABILITIES ...$ 2,597,100.81 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 15,992.54 

TOTAL RESERVES ON LOANS AND SECURITIES ..^$ 15,992.54 

CAPITAL ACCOUNTS 

Equity capital, total 428,628.49 

Common stock — total par value 250,000.00 

(No. shares authorized 25,000) 

(No. shares outstanding 25,000) 

Surplus 100,000.00 

Undivided profits 78,628.49 

TOTAL CAPITAL ACCOUNTS 428,628.49 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 3,041,721.84 


— 43 


Certificate Issued November 22, 1947 


No. 444 


MOUNTAIN STATES BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Wm. G. Griffith, President; Ray L. Henning. Wm. H. Flory, Robert E. Jordan, 
Glen A. Pray, Vice Presidents; George G. Traeber, Jr., Cashier; Leonard E. Morri- 
son, Trust Officer; Edwin W. Hodge. Stoddard White. Assistant Trust Officers; 
Robert G. Carpenter, Bemie S. Morphy, Arnold E. Smith, Wm. O. Shurr, Bernard 
J. Staebell, Assistant Cashiers; J. E. McCloskey, Auditor; William G. Coatman, 
Assistant Vice President. 

DIRECTORS FOR 1970 

John T. Allen, Jr., George W. Calkins, J. E. Collier, David G. Gordon, Wm. G. 
Griffith, D. R. Murphy, Edward D. Pierson, Wilbur M. Pryor, Jr. 


Dec. 31 1970 

ASSETS 

Cash and due from banks $ 2,305,717.21 

U.S. Treasury securities 5,101,287.16 

Securities of other U.S. Government agencies 

and corporations 612,008.92 

Obligations of States and political subdivisions 6,226,227.10 

Federal funds sold and securities purchased under 

agreements to resell 2,000,000.00 

Other loans 19,567,006.63 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 86,472.72 

Real estate owned other than bank premises 78,591.13 

Other assets 408,681.58 


TOTAL ASSETS $ 36,385,992.45 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $32,266,585.24 

(a) Total demand deposits 15,562,162.99 

(b) Total time and savings deposits.. 16,704,422.25 

Other liabilities — 


14,892,958.24 

16,170,988,34 

392,432.46 

533,433,91 

276,772.29 


788,949.14 


TOTAL LIABILITIES $ 33,055,534.38 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 392,841.45 


TOTAL RESERVES ON LOANS AND SECURITIES . .$ 392,841.45 

CAPITAL ACCOUNTS 

Equity capital, total $ 2,937,616.62 

Common stock — total par value 1,000,000.00 

(No. shares authorized 50,000) 

(No. shares outstanding 50,000) 

Surplus 1,000,000.00 

Undivided profits 937,616.62 


TOTAL CAPITAL ACCOUNTS $ 2,937,616.62 


TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 36,385,992.45 


— 44 — 


Certificate Issued July 6, 1951 


No. 453 


NORTH DENVER BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Mads Anderson, President; John D. Rankin, Vice President; Noiman 
R. Armstrong, Cashier; Charles J. Whitehead, Vice President. 

DIRECTORS FOR 1970 

Mads Anderson, James R. Arneill, Jr., Theodore M. Eaker, Leo F. 
Sullivan, Leo Van Dittie, H. V. vonBergen. 


Dec. 31 1970 

ASSETS 

Cash and due from banks $ 4,965,989.03 

U.S. Treasury securities 4,844,995.61 

Securities of other U.S. Government agencies 

and corporations 200,000.00 

Obligations of States and political subdivisions 687,985.20 

Other securities (including $1,000.00 corporate stocks) 1,000.00 

Other loans 18,670,983.62 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 452,914.00 

Real estate owned other than bank premises 665,352.68 

Other assets 384,624.41 


TOTAL ASSETS $ 30,873,844.55 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. 


TOTAL DEPOSITS $27,076,585.76 

(a) Total demand deposits 10,800,589.92 


(b) Total time and savings deposits 16,275,995.84 
Other liabilities 


9,913,815.16 

15,355,995.84 

309,689.73 

959,269.26 

537,815.77 


809,147.06 


TOTAL LIABILITIES $ 27,885,732.82 


RESERVES ON LOANS AND SECURITIES 


Reserve for bad debt losses on loans $ 44,174.46 

TOTAL RESERVES ON LOANS AND SECURITIES _J$ 44,174.46 

CAPITAL ACCOUNTS 

Capital notes and debentures $ 1,500,000.00 

Equity capital, total l[443!937!27 

Common stock — total par value 950,000.00 

(No. shares authorized 95,000) 

(No. shares outstanding 95,000) 

Surplus 300,000.00 

Undivided profits 193,937.27 

TOTAL CAPITAL ACCOUNTS -$ 2,943,937.27 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 30,873,844.55 


45 — 


Certificate Issued November 12, 1959 


No. 470 


SOUTHWEST STATE BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Charles Yale, Chairman of the Board; Joseph Mosko, President; 
Harold V. Lustig, Robert A. Guenther, Vice Presidents; Chess R. 
Martin, Vice President and Cashier; W. H. Hedberg, Vice President 
and Comptroller; Benjamin Caywood, Assistant Vice President; 
JoAnn Brockway, Assistant Cashier; Mary Cleveland, Loan and 
Discount Officer; Barbara Raper, Installment Loan Officer. 

DIRECTORS FOR 1970 

Harold V. Lustig, Marvin Mandel, Chess R. Martin, Joseph Mosko, 
Hubert Weinshienk, Charles Yale. 


ASSETS Dec. 31, 1970 

Cash and due from banks 

(including $14,635.52 unposted debits) $ 1,279,004.07 

U.S. Treasury securities . .. 1,658,836.77 

Securities of other U.S. Government agencies 

and corporations . . 150,000.00 

Obligations of States and political subdivisions . 2,779,616.36 

Other securities . 20,000.00 

Federal funds sold and securities purchased under 

agreements to resell 925,000.00 

Other loans . . 10,191,460.96 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 110,374.30 

Other assets 105,845.20 

TOTAL ASSETS $ 17,220,137.66 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 6,200,558.11 

Time and savings deposits of individuals, partnerships, 

and corporations 7,604,984.46 

Deposits of United States Government 268,549.26 

Deposits of States and political subdivisions 809,645.30 

Deposits of commercial banks . 118,167.14 

Certified and officers’ checks, etc. . 115,481.93 

TOTAL DEPOSITS $15,117,386.20 

(a) Total demand deposits 6,712,401.74 

(b) Total time and savings deposits.. . 8,404,984.46 

Other liabilities 690,755.18 

TOTAL LIABILITIES $ 15,808,141.38 

RESERVES ON LOANS AND SECURITIES 

Reserve for bad debt losses on loans $ 174,796.44 

TOTAL RESERVES ON LOANS AND SECURITIES ....$ 174,796.44 

CAPITAL ACCOUNTS 

Equity capital, total . $ 1,237,199.84 

Common stock — total par value 318,000.00 

(No. shares authorized 31,800) 

(No. shares outstanding 31,800) 

Surplus 600,000.00 

Undivided profits 319,199.84 

TOTAL CAPITAL ACCOUNTS $ 1,237,199.84 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 17,220,137.66 


— 46 — 


Certificate Issued December 18, 1958 


No. 467 


THE DOLORES STATE BANK, DOLORES 

Montezuma County 


OFFICERS FOR 1970 

Edward G. Merritt, President; J. C. Kinkade, Vice President; Merton 
R. Taylor, Wm. K. Nielson, Second Vice Presidents; Donald K. 
Majors, Executive Vice President and Cashier; Donald G. Haley, 
Mary Ruth Majors, Assistant Vice Presidents. 

DIRECTORS FOR 1970 

J. C. Kinkade, Donald K. Majors, E. G. Merritt, M.D., Wm. K. 
Nielson, Merton R. Taylor. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 492,379.55 

U.S. Treasury securities 503,150.40 

Securities of other U.S. Government agencies 

and corporations 561,557.29 

Obligations of States and political subdivisions 237,268.26 

Federal funds sold and securities purchased under 

agreements to resell 750,000.00 

Other loans 2,924,747.02 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 45,450.96 

Other assets 283.89 


TOTAL ASSETS $ 5,514,837.37 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 2,318,556.02 

Time and savings deposits of individuals, partnerships, 

and corporations 2,031,800.79 

Deposits of United States Government 95,757.32 

Deposits of States and political subdivisions 452,235.48 

Deposits of commercial banks . 30,563.14 

Certified and officers’ checks, etc 26,634.71 

TOTAL DEPOSITS $4,955,547.46 

(a) Total demand deposits 2,573,288.89 

(b) Total time and savings deposits 2,382,258.57 

Other liabilities 148,581.03 


TOTAL LIABILITIES $ 5,104,128.49 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 55,204.34 


TOTAL RESERVES ON LOANS AND SECURITIES ....$ 55,204.34 

CAPITAL ACCOUNTS 

Equity capital, total .. .. ...$ 355,504.54 

Common stock — total par value 75,000.00 

(No. shares authorized 7,500) 

(No. shares outstanding 7,500) 

Surplus 75,000.00 

Undivided profits 205,504.54 


TOTAL CAPITAL ACCOUNTS 355,504.54 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS .$ 5,514,837.37 

— 47 — 


Certificate Issued January 17, 1949 


No. 446 


DOVE CREEK STATE BANK, DOVE CREEK 

Dolores County 


OFFICERS FOR 1970 

Irvin D. Nightingale, President; T. A. Weed, Executive Vice Presi- 
dent; S. E. Thompson, Vice President and Cashier. 

DIRECTORS FOR 1970 

Max Dalton, Don P. Ferris, Cecil D. Martin, Paul Martin, Irvin D. 
Nightingale, T. A. Weed. 


Dec. 31 1970 

ASSETS 

Cash and due from banks $ 288,439.85 

U.S. Treasury securities 747,661.38 

Obligations of States and political subdivisions 110,901.25 

Federal funds sold and securities purchased under 

agreements to resell 100,000.00 

Other loans 1,302,031.93 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 20,958.85 

Real estate owned other than bank premises 2,700.00 


TOTAL ASSETS $ 2,572,693.26 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 804,619.86 

Time and savings deposits of individuals, partnerships, 

and corporations 1,093,905.33 

Deposits of United States Government 16,909.73 

Deposits of States and political subdivisions 261,455.68 

Certified and officers’ checks, etc. 30,328.48 

TOTAL DEPOSITS $2,207,219.08 

(a) Total demand deposits 1,026,325.13 

(b) Total time and savings deposits 1,180,893.95 

Other liabilities 68,521.59 


TOTAL LIABILITIES $ 2,275,740.67 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 42,527.78 


TOTAL RESERVES ON LOANS AND SECURITIES 42,527.78 

CAPITAL ACCOUNTS 

Equity capital, total $ 254,424.81 

Common stock — total par value 100,000.00 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus 100,000.00 

Undivided profits 54,424.81 


TOTAL CAPITAL ACCOUNTS $ 254,424.81 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 2,572,693.26 


— 48 — 


Certificate Issued July 16, 1968 


No. 492 


BANK OF DURANGO, DURANGO 

La Plata County 


OFFICERS FOR 1970 

R. W. Turner, President; Richard W. Turner, Jr., Second Vice Presi- 
dent; John W. Turner, II, Vice President and Cashier. 

DIRECTORS FOR 1970 

L. W. McDaniel, Claudine B. Turner, John W. Turner II, Morrill E. 
Turner, R. W. Turner, Jr., R. W. Turner, Sr. 


Dec. 31 1970 


ASSETS 

Cash and due from banks 

(including $3,418.85 unposted debits) $ 457,563.69 

U.S. Treasury securities 646,438.81 

Securities of other U.S. Government agencies 

and corporations . 2,158,978.69 

Obligations of States and political subdivisions 95,511.90 

Other securities (including $20,150.00 corporate stocks) 48,363.02 

Other loans . 3,632,553.06 

Bank premises, furniture and fixtures, and other assets 

representing bank premises - 171,243.05 

Other assets 78,314.69 


TOTAL ASSETS , $ 7,288,966.91 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Deposits of commercial banks 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $6,509,362.99 

(a) Total demand deposits 2,432,058.45 

(b) Total time and savings deposits 4,077,304.54 

Other liabilities 


1,412,110.29 

3,125,793.84 

78,648.93 

1,213,018.68 

588,152.66 

91,638.59 


225,037.68 


TOTAL LIABILITIES 


.$ 6,734,400.67 


RESERVES ON LOANS AND SECURITIES 


Reserve for bad debt losses on loans $ 29,082.54 

TOTAL RESERVES ON LOANS AND SECURITIES ...4 29,082.54 

CAPITAL ACCOUNTS 

Equity capital, total $ 525,483.70 

Common stock — total par value 250,000.00 

(No. shares authorized 12,500) 

(No. shares outstanding 12,500) 

Surplus 150,000.00 

Undivided profits 125,483.70 

TOTAL CAPITAL ACCOUNTS _T$ 525,483.70 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 7,288,966.91 


49 — 


Certificate Issued May 19, 1937 


No. 432 


THE EATON BANK, EATON 

Weld County 


OFFICERS FOR 1970 

C. L. Larsen, President; James G. Milne, Jr., Vice President; F. A. 
Tyson, Cashier; Beverly B. Cockroft, Assistant Cashier. 

DIRECTORS FOR 1970 

C. L. Larsen, Pearl M. Larsen, James G. Milne, Jr., Robert G. 
Smith, F. A. Tyson. 


Dec. 31 1970 

ASSETS 

Cash and due from banks $ 1,458,645.61 

U.S. Treasury securities 1,083,418.63 

Obligations of States and political subdivisions 369,520.67 

Other securities (including $9,550.00 corporate stocks) 9,550.00 

Other loans . . . 2,698,045.20 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 34,203.97 

Other assets 7,324.11 


TOTAL ASSETS $ 5,660,708.19 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 2,324,493.85 

Time and savings deposits of individuals, partnerships, 

and corporations 2,190,246.49 

Deposits of United States Government 60,031.10 

Deposits of States and political subdivisions 582,600.32 

Certified and officers’ checks, etc 48,765.07 

TOTAL DEPOSITS $5,206,136.83 

(a) Total demand deposits 2,495,909.57 

(b) Total time and savings deposits ... 2,710,227.26 

Other liabilities 20,000.00 


TOTAL LIABILITIES $ 5,226,136.83 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 45,931.11 


TOTAL RESERVES ON LOANS AND SECURITIES _...$ 45,931.11 

CAPITAL ACCOUNTS 

Equity capital, total . - $ 388,640.25 

Common stock — total par value 100,000.00 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus... 217,000.00 

Undivided profits — 71,640.25 


TOTAL CAPITAL ACCOUNTS $ 388,640.25 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 5,660,708.19 


— 50 — 


Certificate Issued March 16, 1915 


No. 285 


THE ERIE BANK, ERIE 

Weld County 


OFFICERS FOR 1970 

Roger L. Reisher, President; J. Robert Young, Executive Vice Presi- 
dent; Blaine Alley, Vice Presidnt; Jack D. Nunn, Vice President 
and Cashier; R. Kent Landmark, Lariy J. Hauserman, Paul W. 
Ogle, Melvin J. Sorensen, Edson P. Holland, Thomas Chamecki, 
Steve Forte, William Iwata, Assistant Cashiers. 

DIRECTORS FOR 1970 

Robert S. Appel, William P. Johnson, Roger L. Reisher, Ira C. Roth- 
gerber, Jr., Dewitt G. Venable, Everett Williams, George C. 
Williams. 


ASSETS Dec. 31 1970 

Cash and due from banks — $ 110,332.66 

U.S. Treasury securities 124,210.00 

Securities of other U.S. Government agencies 

and corporations 299,562.50 

Obligations of States and political subdivisions 4,393.17 

Other loans 851,174.60 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 2,331.00 

Other assets 12,548.75 


TOTAL ASSETS $ 1,404,552.68 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 235,167.03 

Time and savings deposits of individuals, partnerships, 

and corporations 596,984.98 

Deposits of United States Government 6,203.51 

Deposits of States and political subdivisions 268J15.42 

Deposits of commercial banks 87’471.25 

Certified and officers’ checks, etc. 8 405 90 

TOTAL DEPOSITS __..$1,202,948.09 

(a) Total demand deposits 3’73,899.77 

(b) Total time and savings deposits . 829,048.32 

Other liabilities 37,069.02 


TOTAL LIABILITIES $ 1,240,017.11 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 6,479.39 


TOTAL RESERVES ON LOANS AND SECURITIES 6,479.39 

CAPITAL ACCOUNTS 

Equity capital, total — — $ 158,056.18 

Common stock — total par value 60,000.00 

(No. shares authorized 40,000) 

(No. shares outstanding 40,000) 

Surplus - 60,000.00 

Undivided profits . 38,056.18 


TOTAL CAPITAL ACCOUNTS $ 158,056.18 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 1,404,552.68 


51 — 


Certificate Issued June 24, 1908 


No. 37 


THE ESTES PARK BANK, ESTES PARK 

Larimer County 


OFFICERS FOR 1970 

Chas. F. Hix, Chairman of the Board; George J. Hix, President; 
H. C. Schjnidt, Vice President; Robert L. Porter, Cashier; Margaret 
J. Hurd, Assistant Cashier. 

DIRECTORS FOR 1970 
Chas. F. Hix, Elsie J. Hix, George J. Hix. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $3,932.92 unposted debits) $ 520,174.98 

U.S. Treasury securities 1,311,164.72 

Obligations of States and political subdivisions 265,921.34 

Federal funds sold and securities purchased under 

agreements to resell - 200,000.00 

Other loans — 1,898,737.99 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 105,343.32 

Real estate owned other than bank premises 47,696.07 

Other assets . - — - 3,900.03 


TOTAL ASSETS. . . $ 4,352,938.45 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,543,316.63 

Time and savings deposits of individuals, partnerships, 

and corporations 1,972,913.72 

Deposits of United States Government 32,016.27 

Deposits of States and political subdivisions 434,075.24 

Certified and officers’ checks, etc 22,340.42 

TOTAL DEPOSITS __.$4,004,662.28 

(a) Total demand deposits 1,726,688.32 

(b) Total time and savings deposits.... 2,277,973.96 

Other liabilities 27,128.92 


TOTAL LIABILITIES $ 4,031,791.20 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 16,743.68 


TOTAL RESERVES ON LOANS AND SECURITIES ....$ 16,743.68 

CAPITAL ACCOUNTS 

Equity capital, total $ 304,403.57 

Common stock — total par value 150,000.00 

(No. shares authorized 1,500) 

(No. shares outstanding 1,500) 

Surplus . - 100,000.00 

Undivided profits 54,403.57 


TOTAL CAPITAL ACCOUNTS $ 304,403.57 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS _$ 4,352,938.45 


— 52 — 


Certificate Issued January 26, 1914 


No. 274 


THE BANK OF FAIRPLAY, FAIRPLAY 

Park County 


OFFICERS FOR 1970 

Donald O. Daniels, President; Glen L. Swanson, Vice President and 
Cashier; Beulah McKinney, Assistant Cashier. 

DIRECTORS FOR 1970 

James D. Asher, Donald O. Daniels, James O’Dell, Francis German, 
Roger B. Gray, A. J. Messer, Dennis Rhoades, Glen L. Swanson. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $7,600.64 unposted debits) $ 298,072.23 

U.S. Treasury securities 339,681.06 

Obligations of States and political subdivisions 5,000.00 

Other securities 13,000.00 

Other loans 1,475,493.28 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 15,581.00 

Other assets 29,499.76 


TOTAL, ASSETS $ 2,176.327.33 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 593,331.83 

Time and savings deposits of individuals, partnerships, 

and corporations 669,228.46 

Deposits of United States Government 10,288,53 

Deposits of States and political subdivisions . 564,637.22 

Deposits of commercial banks 45,000.00 

Certified and officers’ checks, etc 722 45 

TOTAL DEPOSITS . $1,883,208.49 

(a) Total demand deposits 963,980.03 

(b) Total time and savings deposits 919,228.46 

Other liabilities 97,776.39 


TOTAL LIABILITIES — $ 1,980,984.88 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 2,642.94 

TOTAL RESERVES ON LOANS AND SECURITIES ."i 2,642.94 

CAPITAL ACCOUNTS 

Equity capital, total $ 192,699.51 

Common stock— total par value < 50,000.00 

(No. shares authorized 5,000) 

(No. shares outstanding 5,000) 

Surplus 84,000.00 

Undivided profits 58,699.51 

TOTAL CAPITAL ACCOUNTS 1$ 192,699.51 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS 2,176.327.33 

— 53 — 


Certificate Issued July 5, 1963 


No. 476 


ROCKY MOUNTAIN BANK AND TRUST COMPANY 
FORT COLLINS 

Larimer County 


OFFICERS FOR 1970 

A. E. Wall, Chairman of the Board and President; Trexel D. 
Wai-ren, Cashier and Executive Vice President; Bruce A. Duval, 
Vice President. 

DIRECTORS FOR 1970 

Bruce A. Duval, Harold W. Johnson, A. E. Wall, Harold C. Warner, 
Trexel D. Warren. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 333,307.98 


U.S. Treasury securities 1,236,298.75 

Other loans 2,206,693.82 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 324,190.59 

Real estate owned other than bank premises 49,000.00 

Other assets . 52,334.12 


TOTAL ASSETS 


LIABILITIES 

Demand deposits of individuals, partnerships, 
and corporations 


and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $3,513,928.65 

(a) Total demand deposits 1,903,422.97 

(b) Total time and savings deposits .— 1,610,505.68 
Mortgage indebtedness. Central Bank & 

Trust Company 

Other liabilities 


TOTAL LIABILITIES 


CAPITAL ACCOUNTS 

Equity capital, total . . . 

Common stock — total par value 

(No. shares authorized 30,000) 

(No. shares outstanding 30,000) 

Surplus 

Undivided profits 42,372.64 
Deficit Lands of FTC (8,966.51) 

TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 


. $ 

4,201,825.26 

-$ 

1,244,000.27 


1,130,508.84 


438,723.78 

... 

590,773.36 

" 

109,922.40 


135,565.72 

- 

118,924.76 

...$ 

3,768,419.13 

-$ 

433,406.13 

300,000.00 



100,000.00 


33,406.13 

...s 

433,406.13 


CAPITAL ACCOUNTS 


S 4,201,825.26 


— 54 — 


Certificate Issued February 10, 1910 


No. 50 


THE FORT LUPTON STATE BANK, FORT LUPTON 

Weld County 


OFFICERS FOR 1970 

William H. Burns, President; Clyde F. Green, N. W. Tanner, L. K. 
Anschutz, Vice Presidents; Donald S. Camenga, Cashier; Edna E. 
Payne, Grant A. Edwards, Assistant Cashiers. 

DIRECTORS FOR 1970 

William H. Burns, John H. Dalton, Clyde F. Green, J. L. Sears, 
Leonard H. McCain. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $23,212.20 unposted debits) $ 837,542.00 

U.S. Treasury securities . 1,288,059.60 

Obligations of States and political subdivisions 1,146,456.42 

Other securities (including $50,500.00 corporate stocks) 50,500.00 

Other loans 5,128,008.94 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 258,565.63 

Real estate owned other than bank premises 20,644.49 

Other assets 7,826.89 


TOTAL ASSETS .$ 8,737,603.97 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 3,167,837.60 

Time and savings deposits of individuals, partnerships, 

and corporations 3,948,292.70 

Deposits of United States Government 81,132.53 

Deposits of States and political subdivisions 595,172.30 

Certified and officers’ checks, etc. 185,983.82 

TOTAL DEPOSITS ...... $7,978,418.95 

(a) Total demand deposits 3,487,162.09 

(b) Total time and savings deposits - 4,491,256.86 

Other liabilities 76,363.66 


TOTAL LIABILITIES $ 8,054,782.61 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 4,697.31 


TOTAL RESERVES ON LOANS AND SECURITIES $ 4,697.31 

CAPITAL ACCOUNTS 

Equity capital, total $ 678,124.05 

Common stock — total par value 300,000.00 

(No. shares authorized 3,000) 

(No. shares outstanding 3,000) 

Surplus 250,000.00 

Undivided profits 128,124.05 


TOTAL CAPITAL ACCOUNTS $ 678,124.05 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 8,737,603.97 


— 55 — 


Certificate Issued August 24, 1915 


No. 291 


THE FARMERS STATE BANK OF FORT MORGAN, 
FORT MORGAN 

Morgan County 


OFFICERS FOR 1970 

H. B. Bloedorn. President; J. H. Bloedorn, Jr., Executive Vice Presi- 
dent and Tinist Officer; H. E. Head, Vice President; C. L. Williams, 
Vice President and Cashier; John J. Zwetzig, Carl H. Cheramy, 
Assistant Vice Presidents; Phyllis Murphy, Elaine Meyer, J. R. 
Henry, Assistant Cashiers; Catherine C. Stroh, Assistant Trust 
Officer. 

DIRECTORS FOR 1970 

C. F. W. Bloedorn, H. B. Bloedorn, J. H. Bloedorn, Jr., H. E. Head, 
W. M. Wati'ous, C. L. Williams. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks . $ 2,415,599.89 

U.S. Treasury securities 3,809,750.75 

Obligations of States and political subdivisions 3,177,676.59 

Other securities (including $48,000.00 corporate stocks) 48,000.00 
Federal funds sold and securities purchased under 

agreements to resell 500,000.00 

Other loans 12,468,191.17 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 105,566.28 

Other assets 86,944.63 


TOTAL ASSETS $ 22,611,729.31 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 6,726,621.85 

Time and savings deposits of individuals, partnerships, 

and corporations 11,406,866.75 

Deposits of United States Government 304,808.30 

Deposits of States and political subdivisions . 929,959.29 

Certified and officers’ checks, etc. 105,132.81 

TOTAL DEPOSITS $19,473,389.00 

(a) Total demand deposits 7,442,309.33 

(b) Total time and savings deposits 12,031,079.67 

Other liabilities 258,772.99 


TOTAL LIABILITIES $ 19,732,161.99 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 168,262.75 


TOTAL RESERVES ON LOANS AND SECURITIES ....$ 168,262.75 

CAPITAL ACCOUNTS 

Equity capital, total $ 2,711,304.57 

Common stock — total par value 400,000.00 

(No. shares authorized 4,000) 

(No. shares outstandings 4,000) 

Surplus 1,200,000.00 

Undivided profits 1,111,304.57 


TOTAL CAPITAL ACCOUNTS $ 2,711,304.57 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 22,611,729.31 


— 56 


Certificate Issued March 4, 1968 


No. 491 


THE FIRST STATE BANK OF FOUNTAIN 

El Paso County 


OFFICERS FOR 1970 

Roy I. Gordon, President; John G. Lovett, Vice President; Stephen 
A. Mosher, Cashier; Betty J. Hart, Administrative Assistant. 

DIRECTORS FOR 1970 

John Chancellor, Roy I. Gordon, Clifton B. Kruse, Jr., John G. 
Lovett. Henry D. Williams. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 380,433.24 

U.S. Treasury securities 675,921.20 

Federal funds sold and securities purchased under 

agreements to resell 300,000.00 

Other loans 976,537.13 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 50,755.25 

Other assets . . 12,606.73 


TOTAL ASSETS 


2,396,253.55 


LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 


Certified and officers’ checks, etc. 

TOTAL DEPOSITS $2,094,654.53 

(a) Total demand deposits 1,258,051.16 

(b) Total time and savings deposits .... 836,603.37 

Other liabilities 


731,512.55 

527,050.58 

48,298.44 

761,125.13 

26,667.83 


54,441.85 


TOTAL LIABILITIES 

CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value 
(No. shares authorized 10,000) 
(No. shares outstanding 10,000) 

Surplus - 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 


-$ 

2,149,096.38 

-$ 

247,157.17 

- 

100,000.00 


100,000.00 


47,157.17 

.$ 

247,157.17 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS _.$ 2,396,253.55 


— 57 — 


Certificate Issued August 6, 1908 


No. 52 


THE FOWLER STATE BANK, FOWLER 

Otero County 


OFFICERS FOR 1970 

Mrs. H. W. Fox, Chairman of the Board; Joe M. Fox, President; 
Doyle Marvin, Vice President and Cashier. 

DIRECTORS FOR 1970 

Mrs. H. W. Fox, Joe M. Fox, Doyle Marvin, E. F. Tillotson. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 283,700.56 

U.S. Treasury securities 1,758,959.08 

Obligations of States and political subdivisions 51,479.79 

Other loans . .. 1,580,231.36 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 2.00 


TOTAL ASSETS $ 3,674,372.79 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations 8 1,117,789.89 

Time and savings deposits of individuals, partnerships, 

and corporations 1,876,971.35 

Deposits of United States Government 15,032.86 

Deposits of States and political subdivisions 256,749.68 

Certified and officers’ checks, etc. 10,344.03 

TOTAL DEPOSITS $3,276,887.81 

(a) Total demand deposits — . 1,151,181.46 

(b) Total time and savings deposits ... 2,125,706.35 

TOTAL LIABILITIES $ 3,276,887.81 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 69,159.98 


TOTAL RESERVES ON LOANS AND SECURITIES .. $ 69,159.98 

CAPITAL ACCOUNTS 

Equity capital, total $ 328,325.00 

Common stock — total par value 50,000.00 

(No. shares authorized 500) 

(No. shares outstanding 500) 

Surplus 75,000.00 

Undivided profits 203,325.00 


TOTAL CAPITAL ACCOUNTS _..$ 328,325.00 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 3,674,372.79 


— 58 — 


Certificate Issued April 1, 1966 


No. 488 


SUMMIT COUNTY BANK, FRISCO 

Summit County 


OFFICERS FOR 1970 

Charles M. Fisher, President; Harold L. Piper, Charles P. Anderson, 
Vice Presidents; Margaret L. Fisher, Cashier. 

DIRECTORS FOR 1970 

Charles G. Chamberlain, Charles M. Fisher, Margaret L. Fisher, 
James R. Fox, Ralph L. Johnson. 


ASSETS 

Cash and due from banks 

(including $9,635.12 unposted debits) 

U.S. Treasury securities 

Securities of other U.S. Government agencies 

and corporations 

Other loans ... 


Dec. 31, 1970 


representing bank premises 
TOTAL ASSETS 


LIABILITIES 

Demand deposits of individuals, partnerships, 
and corporations 


and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $ 2,417,869.40 

(a) Total demand deposits ... 1,618,445.77 

(b) Total time and savings deposits 799,423.63 

Other liabilities 


TOTAL LIABILITIES 


RESERVES ON LOANS AND SECURITIES 


TOTAL RESERVES ON LOANS AND SECURITIES 
CAPITAL ACCOUNTS 

Equity capital, total 

Common stock— total par value 

(No. shares authorized 10,000) 

(No. shares outstanding 10,000) 

Surplus 

Undivided profits 


TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 


-S 

707.394.69 

324.275.70 


325,000.00 

s 

1,309,425.69 


49,479.95 

—$ 

2,715,576.03 

...-S 

1,448,623.49 


498,413.05 

34,208.83 

398,597.21 

— 

38,026.82 


82,741.28 

-$ 

2,500,610.68 


3,220.78 


-$ 

3,220.78 


211,744.57 


75,000.00 

.... 

65,000.00 

71,744.57 

....$ 

211,744.57 

...,$ 

2,715,576.03 


— 59 — 


Certificate Issued March 18,1946 


No. 440 


FRUITA STATE BANK, FRUITA 

Mesa County 


OFFICERS FOR 1970 

D. Earle Brumbaugh, President; Donald A. Turner, Executive Vice 
President and Cashier; A. M. Crews, Vice President; Mary Etchemendy, 
Assistant Cashier. 

DIRECTORS FOR 1970 

D. Earle Brumbaugh, Lincoln D. Coit, A. M. Crews, Leo Van Dittie, 
Emmett Elizondo, Donald A. Turner. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $1,572.65 unposted debits) $ 831,512.32 

U.S. Treasury securities 892,203.98 

Securities of other U.S. Government agencies 

and corporations 100,000.00 

Obligations of States and political subdivisions . 379,429.07 

Other securities (includnig $,9750.00 corporate stocks) 9,750.00 

Federal funds sold and securities purchased under 

agreements to resell . .. 100,000.00 

Other loans 2,360,060.20 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . 51,917.09 

Real estate owned other than bank premises — 120,000.00 

Other assets 31,562.50 


TOTAL ASSETS $ 4,876.435.16 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,649,280.13 

Time and savings deposits of individuals, partnerships, 

and corporations 2,167,105.61 

Deposits of United States Government 44,530.22 

Deposits of States and political subdivisions 474,124.29 

Certified and officers’ checks, etc. 44,955.75 

TOTAL DEPOSITS ....$4,379,996.00 

(a) Total demand deposits . 1,906,390.39 

(b) Total time and savings deposits 2,473,605.61 
Other liabilities 36,051.98 


TOTAL LIABILITIES $ 4,416.047.98 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 51,848.64 


TOTAL RESERVES ON LOANS AND SECURITIES $ 51,848.64 

CAPITAL ACCOUNTS 

Equity capital, total $ 408,538.54 

Common stock — total par value 150,000.00 

(No. shares authorized 1,500) 

(No. share outstanding 1,500) 

Surplus 175,000.00 

Undivided profits 83,538.54 


TOTAL CAPITAL ACCOUNTS $ 408,538.54 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 4,876,435.16 


60 — 


Certificate Issued September 28, 1962 


No. 475 


THE BANK OF GLENWOOD, GLENWOOD SPRINGS 

Garfield County 


OFFICERS FOR 1970 

C. B. Bell, Chairman of the Board; W. T. Sisson, President; K. Kyle 
Revelle, Merlynn M. Olson, Frank C. Perschbacher, Vice Presidents; 
Bert E. Bankert, Assistant Vice President; Darlene Snook, Cashier; 
Jeanne Baker, Assistant Cashier. 

DIRECTORS FOR 1970 

C. B. Bell, Leonis P. Chuc, Stanley L. Dodson, D. S. Dykstra, 
Kohler Mclnnis, Vern Manahan, Neil S. Mincer, Richard Reinhard, 
William T. Sisson, Donald L. Vanderhoof. 


ASSETS 

Cash and due from banks $ 

U.S. Treasury securities 

Securities of other U.S. Government agencies 

and corporations 

Obligations of States and political subdivisions — . 

Other loans 

Bank premises, furniture and fixtures, and other a 

representing bank premises 

Other assets . 


Dec. 31, 1970 

737,153.67 

695,189.24 


TOTAL ASSETS 


LIABILITIES 

Demand deposits of individuals, partnerships. 


and corporations 

Deposits of United States Government 

Deposits of States and political supdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $6,217,614.78 

(a) Total demand deposits 3,051,786.93 

(b) Total time and savings deposits 3,165,827.85 

Other liabilities 

TOTAL LIABILITIES 

RESERVES ON LOANS AND SECURITIES 
Resei-ve for bad debt losses on loans 


CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value . 
(No. shares authorized 20,000) 
(No. shares outstanding 20,000) 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 


:s 

200,000.00 

541,012.48 

4,499,989.12 

340,960.60 

8,474.78 

,...$ 

7,022,779.89 

-$ 

2,928,556.45 


2,663,741.95 



86,465.97 


502,085.90 


36,764.51 


284,250.00 


6,501,864.78 


75,801.35 

-$ 

75,801.35 


445,113.76 

200,000.00 

- 

225,000.00 

20,113.76 

-$ 

445,113.76 


-$ 7,022,779.89 


— 61 — 


Certificate Issued December 16, 1961 


No. 474 


GOLDEN STATE BANK. GOLDEN 

Jefferson County 


OFFICERS FOR 1970 

A. J. Cueny, President: Aubrey Daedlow, Vice President: Dan L. 
Short, Cashier: Clifford L. Pike, Assistant Vice President; Lewis O. 
Smith. Karen L. Branch, Assistant Cashiers. 

DIRECTORS FOR 1970 

Leo N. Bradley, A. J. Cueny. Edwin J. Eisenach, Clarence Koch, 
Gurnett Steinhauer, Robert W. Todd. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 1,691,917.18 

U.S. Treasury securities .. 2,688,093.87 

Securities of other U.S. Government agencies 

and corporations . 400,000.00 

Obligations of States and political subdivisions . 737,071.76 

Federal funds sold and securities purchased under 

agreements to resell 1,000,000.00 

Other loans 3,249,423.44 

Bank premises, furniture and fixtures, and other assets 

representing bank premises - 167,214.43 

Other assets 62,012.03 


TOTAL ASSETS $ 9,995,732.71 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations S 3,647,786.92 

Time and savings deposits of individuals, partnerships. 

and corporations . . 2,372,873.43 

Deposits of United States Government .. . 462,140.75 

Deposits of States and political subdivisions 2,334,266.73 

Deposits of commercial banks 15,000.00 

Certified and officers’ checks, etc. 87,537.85 

TOTAL DEPOSITS . . $8,919,605.68 

fa) Total demand deposits .. .. 4,582,732.25 

fb) Total time and savings deposits . 4.336,873.43 
Federal funds purchased and securities sold 

under agreements to repurchase 250,000.00 

Other liabilities 239,588.52 


TOTAL LIABILITIES $ 9,409,194.20 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 33,010.23 


TOTAL RESERVES ON LOANS AND SECURITIES . $ 33,010.23 

CAPITAL ACCOUNTS 

Equity capital, total $ 553.528.28 

Common stock — total par value 250,000.00 

fNo. shares authorized 2,500) 

(No. shares outstanding 2,500) 

Surplus - 150,000.00 

Undivided profits 153,528.28 


TOTAL CAPITAL ACCOUNTS $ 553,528.28 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 9,995,732.71 


— 62 — 


Certificate Issued June 30, 1915 


No. 288 


THE AMERICAN STATE BANK OF GRANADA 
GRANADA 

Prowers County 


OFFICERS FOR 1970 

H. E. McKeever, President; J. B. McKeever, Executive Vice Presi- 
dent; Marie Bryce McKeever, Vice President; C. B. Kennedy, 
Cashier; J. L. Tice, Jr., Assistant Cashier. 

DIRECTORS FOR 1970 

C. B. Kennedy, H. E. McKeever, J. B. McKeever, Marie Bryce 
McKeever, J. L. Tice, Jr. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 270,404.01 

U.S. Treasury securities 967,389.75 

Obligations of States and political subdivisions 220,052.24 

Federal funds sold and securities purchased under 

agreements to resell 375,000.00 

Other loans . _ 1,201,663.41 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . 10,000.00 

Real estate owned other than bank premises 1.00 

Other assets ... 2,911.77 


TOTAL ASSETS . $ 3,047,422.18 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,026,536.59 

Time and savings deposits of individuals, partnerships, 

and corporations 1,327,930.42 

Deposits of United States Government . 13|309.60 

Deposits of States and political subdivisions 282,914.52 

Certified and officers’ checks, etc. 46 261 34 

TOTAL DEPOSITS $2,696,952.47 

(a) Total demand deposits 1,210,022.05 

(b) Total time and savings deposits 1,486,930.42 46,261.34 

Other liabilities 49,407.01 


TOTAL LIABILITIES $ 2,746,359.48 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 53,818.00 


TOTAL RESERVES ON LOANS AND SECURITIES .....$ 53,818.0a 

CAPITAL ACCOUNTS 

Equity capital, total $ 247,244.70 

Common stock — total par value 70,000.00 

(No. shares authorized 700) 

(No. shares outstanding 700) 

Surplus 140,000.00 

Undivided profits 37,244.70 

TOTAL CAPITAL ACCOUNTS 247,244.70 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS .$ 3,047,422.18 


— 63 — 


Certificate Issued June 16, 1950 


No. 450 


MIDDLE PARK BANK, GRANBY 

Grand County 


OFFICERS FOR 1970 

A. Asboi'no, Chairman of the Board; John H. Minor, President; 
W. V. Burgner, Executive Vice President; Earl L. Pajme, Vice 
President; R. W. Thomason, Cashier. 

DIRECTORS FOR 1970 

A. Asborno, Ralph W. Bachman, John H. Minor, Earl L. Payne, 
H. A. Selak, Cary H. Stevenson, Louis C. Yager. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 679,009.86 

U.S. Treasury securities 1,219,065.87 

Obligations of States and political subdivisions 404,721.41 

Federal funds sold and securities purchased under 

agreements to resell 600,000.00 

Other loans 2,254,461.95 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 50,141.27 

Real estate owned other than bank premises 7,947.61 

Other assets 622.21 


TOTAL ASSETS $ 5,215,970.18 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations ..$ 2,174,592.23 

Time and savings deposits of individuals, partnerships, 

and corporations .. . . 1,957,256.20 

Deposits of United States Government 46,052.08 

Deposits of States and political subdivisions 583,979.37 

Certified and officers’ checks, etc. 38,001.82 

TOTAL DEPOSITS $4,799,881.70 

(a) Total demand deposits 2,540,010.97 

(b) Total time and savings deposits 2,259,870.73 

Other liabilities 67,822.41 


TOTAL LIABILITIES $ 4,867,704.11 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans -$ 37,595.33 


TOTAL RESERVES ON LOANS AND SECURITIES $ 37,595.33 

CAPITAL ACCOUNTS 

Equity capital, total — 310,670.74 

Common stock — total par value 100,000.00 

(No. shares authorized 10,000) 

(No. shares outstanding 10,000) 

Surplus 150,000.00 

Undivided profits 60,670.74 


TOTAL CAPITAL ACCOUNTS $ 310,670.74 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 5,215,970.18 


— 64 — 


Certificate Issued November 16, 1925 


No. 422 


UNITED STATES BANK OF GRAND JUNCTION, 
GRAND JUNCTION 

Mesa County 


OFFFICERS FOR 1970 

E. L. Bacon, Chairman of the Board; LeRoy Bacon, President; Herbert L. Bacon, 
Executive Vice President and Cashier; Miles Kara, Senior Vice President and 
Trust Officer; Harry T. Steffens, Delbert Wanzer, Vice Presidents; Kenneth B. 
Knode, Vice President and Trust Officer; John Frezieres, Vice President and 
Agriculture Representative; Norman L, Cooper, Assistant Vice President; Wayne 
Beede, Assistant Vice President and Agriculture Representative; Marvin Dershem, 
Jr,, Auditor; Lois Robinson, Assistant Trust Officer; Leo Dawson, John Stenman, 
Roger Martin, Assistant Cashiers. 

DIRECTORS FOR 1970 

E. L. Bacon, Herbert L. Bacon, LeRoy Bacon, John Burkey, Wallace Corn, Orren 
B. Hubbard, Anthony W. Williams. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 6,666,593.44 

U.S. Treasury securities — - 4,427,946.67 

Obligations of States and political subdivisions _ .... 1,641,562.68 

Other securities (including $60,000.00 corporate stocks) 60,000.00 

Other loans 18,558,896.12 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 319,765.00 

Real estate owned other than bank premises 3.00 

Other assets .... . 240,002.57 


TOTAL ASSETS $ 31,914,769.48 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . . $ 13,785,453.25 

Time and savings deposits of individuals, partnerships, 

and corporations . 11,023,218.61 

Deposits of United States Government 432,128.06 

Deposits of States and political subdivisions 1,708,657.58 

Deposits of commercial banks 1,258,920.96 

Certified and officers’ checks, etc. .. 251,503.36 

TOTAL DEPOSITS $28,459,881.82 

(a) Total demand deposits ... 16,553,663.21 

(b) Total time and savings deposits 11,906,218.61 

Other liabilities 543,277.05 


TOTAL LIABILITIES ......$ 29,003,158.87 

RESERVES ON LOANS AND SECURITIES 

Reserve for bad debt losses on loans ..$ 704,090.77 

Other reserves on loans 10,202.39 


TOTAL RESERVES ON LOANS AND SECURITIES...... $ 714,293 16 

CAPITAL ACCOUNTS 

Equity capital, total $ 2,197,317.45 

Common stock — total par value 300,000.00 

(No. shares authorized 3,000) 

(No. shares outstanding 3,000) 

Surplus 1,700,000.00 

Undivided profits 197,317.45 


TOTAL CAPITAL ACCOUNTS 2,197,317.45 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS ..$ 31,914.769.48 


— 65 


Certificate Issued February 25, 1965 


No. 485 


STATE BANK OF GREELEY, GREELEY 

Weld County 


OFFICERS FOR 1970 

Nicholas J. Chamberlin, President; Gary L. Butler, Vice President; 
Velma M. Beauchamp, Cashier. 

DIRECTORS FOR 1970 

Richard A. Boettcher, 'William E. Bohlender, Nicholas J. Chamberlin, 
C. Carroll Gilbert, Winnie H. McCrory, Myron Meyer, Dave L. 
Royer, John P. Watson. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 536,181.85 

U.S. Treasury securities 602,531.41 

Securities of other U.S. Government agencies 

and corporations 53,695.68 

Other loans 1,328,840.13 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 14,576.12 

Other assets 782.03 


TOTAL ASSETS $ 2,536,607.22 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 619,367.14 

Time and savings deposits of individuals, partnerships, 

and corporations 950,590.79 

Deposits of United States Government 19,128.57 

Deposits of States and political subdivisions 466,216.93 

Certified and officers’ checks, etc. 64,201.63 

TOTAL DEPOSITS .... $2,119,505.06 

(a) Total demand deposits 747,914.27 

(b) Total time and savings deposits 1,371,590.79 

Other liabilities 33,950.92 


TOTAL LIABILITIES $ 2,153,455.98 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 10,000.00 


TOTAL RESERVES ON LOANS AND SECURITIES ....$ 10,000.00 

CAPITAL ACCOUNTS 

Equity capital, total $ 373,151.24 

Common stock — total par value 150,000.00 

(No. shares authorized 15,000) 

(No. shares outstanding 15,000) 

Surplus - 200,000.00 

Undivided profits 23,151.24 


TOTAL CAPITAL ACCOUNTS $ 373,151.24 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 2,536,607.22 


— 66 — 


Certificate Issued February 24, 1908 


No. 59 


UNITED BANK OF GREELEY, GREELEY 

Weld County 


OFFICERS FOR 1970 

Norman M. Dean, President; John D. Goltry, Senior Vice President 
and Cashier; Edwin C. Boos, Senior Vice President and Trust 
Officer; Bud R. Richardson, Henry C. Gosselin, Eugene W. Allen, 
Charles C. Berrj% Vice Presidents; Earl G. Smith, Charles J. Gaffey, 
Jack D. Wanstreet, Joseph M. Kuettel, Assistant Vice Presidents; 
Roland N. Hayes, Jr., Assistant Trust Officer; Joy Schott, Bank 
Services Officer; Alton L. Cobb, Helen Bushnell, Customer Services 
Officers; Dorisann Davis, Bank Accounting Officer. 

DIRECTORS FOR 1970 

H. Ross Adamson, Robert R. Anderson, Edward R. Beaty, Norman 
M. Dean, Gid W. Gates, Barnard Houtchens, Harlan K. Houtchens, 
H. Gordon Johnson, Charles L. Lott, Robert H. Markley, C. Howard 
Mui-phy, Thomas A. Rapp, Jr. 


ASSETS 

Cash and due from banks $ 

U.S. Treasury securities 

Obligations of States and political subdivisions ... 

Federal funds sold and securities purchased under 

agreements to resell 

Other loans 

Bank premises, furniture and fixtures, and other assets 

representing bank premises ... 

Real estate owned other than bank premises 

Other assets 

TOTAL ASSETS .. $ 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . . $ 

Time and savings deposits of individuals, partnerships, 

and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 


Certified and officers’ checks, etc. ... 

TOTAL DEPOSITS $27,370,007.36 

(a) Total demand deposits ..... 10,223,296.60 

(b) Total' time and savings deposits 17,146,710.76 
Other liabilities 

TOTAL LIABILITIES $ 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 


CAPITAL ACCOUNTS 

Equity capital, total $ 


Common stock — total par value . 
(No. shares authorized 42,000) 
(No. shares outstanding 42,000) 

Surplus . 

Undivided profits 


TOTAL CAPITAL ACCOUNTS $ 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 


Dec. 31 1970 

1,142,936.13 

3,640,472.61 

5,479,872.40 

650,000.00 

18,994,538.14 

170,609.54 

5,652.17 

579^623^80 

30,663,704’79 


9,214,049.89 

14,414,845.47 

560,170.08 

2,966,014.37 

214,927.55 


838,312.8 7 

28,208,320.23 

298,098.85 

298,098.85 

2,157,285.71 

420,000.00 


780,000.00 

957,285.7 1 

2,157,285.71 


30,663,704.79 


— 67 


Certificate Issued December 23, 1910 


No. 207 


THE GUNNISON BANK AND TRUST COMPANY 
GUNNISON 

Gunnison County 


OFFICERS FOR 1970 

C. S. Spencer, President; Claudia V. Metroz, Vice President and 
Cashier; Vernon Johnson, Assistant Vice President; Roger E. Cotten, 
Assistant Cashier. 


DIRECTORS FOR 1970 

Harlan Bryant, W.B. Ender, Craig A. Goodwin, David R. Howard, 
W. R. Mergelman, C. S. Spencer. 


Dec. 21 1970 

ASSETS 

Cash and due from banks $ 955,226.84 

U.S. Treasury securities 834,432.97 

Obligations of States and political subdivisions 255,084.96 

Other securities (including $9,750.00 corporate stocks) 9,750.00 

Other loans 3,517,732.04 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 32,803.85 

Other assets - 2,515.79 


TOTAL ASSETS $ 5,607,546.45 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 2,081,918.77 

Time and savings deposits of individuals, partnerships, 

and corporations 1,830,987.85 

Deposits of United States Government 117,399.69 

Deposits of States and political subdivisions 932,248.66 

Certified and officers’ checks, etc. 102,490.63 

TOTAL DEPOSITS $5,065,045.60 

(a) Total demand deposits 2,680,804.72 

(b) Total time and savings deposits 2,384,240.88 

Other liabilities 87,870.02 


TOTAL LIABILITIES $ 5,152,915.62 

RESERVES ON LOANS AND SECURITIES 
Reseiwe for bad debt losses on loans $ 57,694.55 


TOTAL RESERVES ON LOANS AND SECURITIES —.$ 57,694.55 

CAPITAL ACCOUNTS 

Equity capital, total $ 396,936.28 

Common stock — total par value 60,000.00 

(No. shares authorized 3,000) 

(No. shares outstanding 3,000) 

Surplus 280,000.00 

Undivided profits 56,936.28 


TOTAL CAPITAL ACCOUNTS $ 396,936.28 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 5,607,546.45 


68 — 


Certificate Issued Februaiy 10, 1944 


No. 436 


HAXTUN COMMUNITY BANK, HAXTUN 

Phillips County 


OFFICERS FOR 1970 

Philip Ruch, President; H. B. Prouty, Vice President; Betty M. 
Sullivan, Cashier; Keith D. Gilliland, Executive Vice President. 

DIRECTORS FOR 1970 

Keith D. Gilliland, Howard Prouty, Philip Ruch, Betty M. Sullivan, 
Fred M. Swisher. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $3,402.72 unposted debits) $ 503,870.65 

U.S. Treasury securities 897,466.83 

Obligations of States and political subdivisions 58,289.64 

Other loans 2,143,447.25 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 2.00 


TOTAL ASSETS _.$ 3,603,076.37 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,579,049.29 

Time and savings deposits of individuals, partnerships, 

and corporations .. 1,151,561.34 

Deposits of United States Government 101,071.91 

Deposits of States and political subdivisions 287,498.01 

Certified and officers’ checks, etc. 17 644 92 

TOTAL DEPOSITS $3,136,825.47 

(a) Total demand deposits . 1,775,344.94 

(b) Total time and savings deposits 1,361,480.53 

TOTAL LIABILITIES 4 3,136'^^ 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 28,123.59 


TOTAL RESERVES ON LOANS AND SECURITIES ..... $ 28,123.59 

CAPITAL ACCOUNTS 

Equity capital; total $ 438,127.31 

Common stock — total par value 50,000.00 

(No. shares authorized 500) 

(No. shares outstanding 500) 

Surplus.. 130,000.00 

Undivided profits 233,451.71 

Reserve for contingencies and other capital reserves 24,675.60 

TOTAL CAPITAL ACCOUNTS 438,127.31 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ a.fina n?6 37 


— 69 


Certificate Issued November 9, 1967 


No. 489 


YAMPA VALLEY STATE BANK, HAYDEN 

Routt County 


OFFICERS FOR 1970 

Travis L. Waller, President; Martin O. Hibbard, Vice President; 
Loren G. Aber, Cashier; Olive D. Blake, Assistant Cashier. 

DIRECTORS FOR 1970 

G. G. Andersen, Albert T. Baierl, Martin O. Hibbard, Sumner C. 
Hockett, Myron W. Jeffcoat, RobeiT N. Robinson, Sr., Travis L. 
Waller. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 122,990.96 

U.S. Treasury securities .. 537,170.50 

Securities of other U.S. Government agencies 

and corporations . 160,000.00 

Obligations of States and political subdivisions 59,524.35 

Federal funds sold and securities purchased under 

agreements to resell . 125,000.00 

Other loans . 864,868.38 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 8,311.71 

Real estate owned other than bank premises 11,500.00 

Other assets 20,032.60 


TOTAL ASSETS . 

LIABILITIES 

Demand deposits of individuals, partnerships, 
and corporations 


and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS . $1,695,069.15 

(a) Total demand deposits . .. 676,738.33 

(b) Total time and savings deposits 1,018,330.82 

Other liabilities 


TOTAL LIABILITIES 

RESERVES ON LOANS AND SECURITIES 


CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value 
(No. shares authorized 6,000) 
(No. shares outstanding 6,000) 
Surplus 


Undivided profits 

TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 


-$ 

1,909,398.50 

. $ 

585,906.73 

f 

646,685.82 

9,565.90 

428,313.77 


24,596.93 


39,103.02 

...s 

1,734,172.17 

$ 

5,653.25 

-$ 

5,653.25 

- .$ 

169,573.08 

- 

60,000.00 


80,000.00 

— 

29,573.08 

-$ 

169,573.08 


_$ 1,909,398.50 


— 70 


Certificate Issued November 21, 1919 


No. 382 


HEREFORD STATE BANK HEREFORD 

Weld County 


OFFICERS FOR 1970 

Bennie D. Coon, President; Leo W. Idler, Executive Vice President 
and Cashier. 

DIRECTORS FOR 1970 

Bennie D. Coon, Della M. Coon, C. L. Hallock, John Poelma, Frank 
Thelen. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $2,102.26 unposted debits) $ 158,301.69 

U.S. Treasury securities 427,445.08 

Other loans 843,070.61 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 18,851.97 

Other assets 33,965.70 


TOTAL ASSETS $ 1,481,635.05 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations __ _ 479,843.47 

Time and savings deposits of individuals, partnerships, 

and corporations .. 573,251.21 

Deposits of United States Government 8,211.99 

Deposits of States and political subdivisions 232,321.50 

Certified and officers’ checks, etc. ... 2,272 73 

TOTAL DEPOSITS $1,295,900.90 

(a) Total demand deposits 504,825.75 

(b) Total time and savings deposits 791,075.15 

Other liabilities . 23,524.53 


TOTAL LIABILITIES $ 1,319,425.43 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 10,807.58 


TOTAL RESERVES ON LOANS AND SECURITIES. $ 10,807.58 

CAPITAL ACCOUNTS 

Equity capital, total $ 151,402.04 

Common stock-total par value 52,000.00 

(No. shares authorized 5,200) 

No. shares outstanding 5,200) 

Surplus 83,000.00 

Undivided profits 16,402.04 


TOTAL CAPITAL ACCOUNTS $ 151,402.04 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS ..$ 1,481,635.05 


— 71 — 


Certificate Issued April 1, 1970 


No. 499 


FIRST BANK & TRUST, HOLLY 

Prowers County 


OFFICERS FOR 1970 

H. E. McKeever, President; J. B. McKeever, Trust Officer and 
Executive Vice President; J. J. McLeod, Cashier; Amy M. BurkepUe, 
Assistant Cashier; J. L. Humrich, Assistant Trust Officer. 

DIRECTORS FOR 1970 

Ralph Donohoe, L. L. MacFarlane, H. E. McKeever, J. B. McKeever, 
John H. Willhite. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 348,129.23 

U.S. Treasury securities 818,568.14 

Obligations of States and political subdivisions 340,822.29 

Federal funds sold and securities purchased under 

agreements to resell .... 475,000.00 

Other loans . 1,701,386.23 

Bank premises, furniture and fixtures, and other assets 

I'epresenting bank premises 14,193.38 

Real estate owned other than bank premises 15,599.58 

Other assets 4,060.95 


TOTAL ASSETS S 3,717,759.80 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations ..$ 1,383,791.02 

Time and savings deposits of individuals, partnerships, 

and corporations 1,441,731.98 

Deposits of United States Government 20,784.51 

Deposits of States and political subdivisions 516,905.30 

Certified and officers’ checks, etc. 51,650.53 

TOTAL DEPOSITS $3,414,863.34 

(a) Total demand deposits 1,632,020.85 

(b) Total time and savings deposits . . . 1,782,842.49 

Other liabilities 46,487.44 


TOTAL LIABILITIES ...$ 3,461,350.78 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans . .....$ 39,351.95 


TOTAL RESERVES ON LOANS AND SECURITIES .... $ 39,351.95 

CAPITAL ACCOUNTS 

Equity capital, total $ 217,057.07 

Common stock-total par value 88,000.00 

(No. shares authorized 8,800) 

No. shares outstanding 8,800) 

Surplus 101,000.00 

Undivided profits 28,057.07 


TOTAL CAPITAL ACCOUNTS $ 217,057.07 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 3,717,759.80 


— 72 


Certificate Issued July 11, 1963 


No. 481 


HOLYOKE BANK AND TRUST COMPANY, HOLYOKE 

Phillips County 


OFFICERS FOR 1970 

J. A. Exstrom, President; R. L. Swedlund, Vice President and 
Cashier; Velma Swedlund, Assistant Cashier. 

DIRECTORS FOR 1970 

John D. Baldwin, John A. Exstrom, Leland House, Sam Krieg, 
James E. Scholl. 


ASSETS 

Cash and due from banks 
(including $19,653.60 unj 
U.S. Treasury securities .... 


Dec. 31, 1970 


Other loans 

Bank premises, furniture and 
representing bank premises 

TOTAL ASSETS 


LIABILITIES 

Demand deposits of individuals, partnerships, 
and corporations 


and corporations . 

Deposits of United States Government 

Deposits of States and political subdivisions 

Deposits of commercial banks . 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $1,198,528.89 

(a) Total demand deposits 638,083.83 

(b) Total time and savings deposits 560,445.06 

Other liabilities 


TOTAL LIABILITIES 

RESERVES ON LOANS AND SECURITIES 


CAPITAL ACCOUNTS 

Equity capital, total 

Common stock-total par value . 
(No. shares authorized 6000) 
(No. shares outstanding 6000) 

Surplus 

Undivided profits 


TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 


...$ 

270,452.88 

208,768.75 

;s 

27,000.00 

925,616.01 

.... 

13,125.05 

- -$ 

1,444,962.69 

-- $ 

505,282.19 


427,615.06 

14,702.43 

205,138.83 


35,575.55 

10,214.83 


5,131.44 

. -$ 

1,203,660.33 

...$ 

9,070.28 

....$ 

9,070.28 

....$ 

232,232.08 

— 

150,000.00 


33,700.00 

48,532.08 

....$ 

232,232.08 

-$ 

1,444,962.69 


— 73 — 


Certificate Issued July 11, 1930 


No. 425 


THE FIRST STATE BANK OF HOTCHKISS 
HOTCHKISS 

Delta County 


OFFICERS FOR 1970 

H. H. Addams, President; Ola M. Taylor, Vice President: James L. 
Addams, Executive Vice President and Secretary; Walter E. Addams, 
Cashier. 

DIRECTORS FOR 1970 

H. H. Adams, James L. Adams, Walter E. Addams, Ola M. Taylor, 
Melvin B. White. 


Dec. 31 1970 

ASSETS 

Cash and due from banks $ 793.202.35 

U.S. Treasury securities 1,826,976.52 

Securities of other U.S. Government agencies 

and corporations 50,000.00 

Obligations of States and political subdivisions 159,597.21 

Other securities (including $6,750.00 corporate stocks) 6,750.00 

Federal funds sold and securities purchased under 

agreements to resell . ... . . 200,000.00 

Other loans ... . 1,543,230.10 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 30,002.00 

Real estate owned other than bank premises 400.00 

Other assets . 4,667.56 


TOTAL ASSETS .$ 4,614,825.74 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 2,035,989.14 

Time and savings deposits of individuals, partnerships, 

and corporations .. . . ... 1,745,002.35 

Deposits of United States Government . 2,228.25 

Deposits of States and political subdivisions .. . 393,476.63 

Certified and officers’ checks, etc. ... — 12,888.75 

TOTAL DEPOSITS . . . . $4,189,585.12 

(a) Total demand deposits . 2,291,654.66 

(b) Total time and savings deposits. 1,897,930.46 

Other liabilities 25,118.45 


TOTAL LIABILITIES . $ 4,214,703.57 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 54,460.13 


TOTAL RESERVES ON LOANS AND SECURITIES .$ 
CAPITAL ACCOUNTS 

Equity capital, total $ 

Common stock — total par value 

(No. shares authorized 250) 

(No. shares outstanding 250) 

Surplus 

Undivided profits 

Reserve for contingencies and other capital reserves 


54,460.13 

345,662.04 

25,000.00 


200,000.00 

62,301.46 

58,360.58 


TOTAL CAPITAL ACCOUNTS $ 345,662.04 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS _$ 4,614,825.74 


— 74 


Certificate Issued November 15, 1944 


No. 438 


FIRST STATE BANK, IDAHO SPRINGS 

Clear Creek County 


OFFICERS FOR 1970 

George G. Patterson, President; Richard N. Brown, Vice President; 
Irvin J. Craft, Cashier; George W. Sumpter, Marketing Officer; Helen 
L. Buck, Assistant Cashier. 

DIRECTORS FOR 1970 

B. C. Blackwell, Max G. Brooks, Richard N. Brown, Selwyn D. 
Graves, George G. Patterson, Robert Gibbs. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 473,543.24 

U.S. Treasury securities . 504,250.00 

Obligations of States and political subdivisions 773,561.57 

Other loans 2,681,468.12 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 20,914.88 

Real estate owned other than bank premises 6,639.16 

Other assets 17,975.71 


TOTAL ASSETS $ 4,478,352.68 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 1,594,108.66 

Time and savings deposits of individuals, partnerships, 

and corporations . 1,474.978.09 

Deposits of United States Government 65's23.51 

Deposits of States and political subdivisions 610,332.78 

Certified and officers’ checks, etc. 99 609 69 

TOTAL DEPOSITS $3,844,552.73 

(a) Total demand deposits 2,104,085.24 

(b) Total time and savings deposits 1,740,467.49 

Federal funds purchased and securities sold 

under agreements to repurchase 100,000.00 

Other liabilities 167,967.06 


TOTAL LIABILITIES .$ 4,112,519.79 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 37,558.52 


TOTAL RESERVES ON LOANS AND SECURITIES.-.. $ 37,558.52 

CAPITAL ACCOUNTS 

Capital notes and debentures $ 75,000.00 

Equity capital, total $ 253[274.37 

Common stock — total par value 25,000.00 

(No. shares authorized 250) 

(No. shares outstanding 250) 

Surplus 125,000.00 

Undivided profits 103,274.37 

TOTAL CAPITAL ACCOUNTS 328,274.37 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS ..$ 4,478,352.68 


— 75 — 


Certificate Issued September 27, 1910 


No. 198 


BANK OF IGNACIO, IGNACIO 

LaPlata County 


OFFICERS FOR 1970 

R. W. Turner, Jr., President; John W. Turner II, Executive Vice 
President; Phyllis Young, Vice President and Cashier; Mary E. 
Pargin, Assistant Cashier; Wayne Whiteman, Senior Vice President. 

DIRECTORS FOR 1970 

L. W. McDaniel, John W. Turner II, Morrill E. Turner, R. W. Turner, 
Jr., R. W. Turner, Sr. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $264.00 unposted debits) $ 1,065,082.18 

U.S. Treasury securities .. 881,765.63 

Securities of other U.S. Government agencies 

and corporations 129,857.50 

Obligations of States and political subdivisions 275,278.45 

Other loans . - 1,668,016.33 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . 65,144.23 


TOTAL ASSETS S 4,085,144.32 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . - ..$ 1,447,795.81 

Time and savings deposits of individuals, partnerships, 

and corporations 913,163.56 

Deposits of United States Government 199,525.13 

Deposits of states and political subdivisions 738,409.55 

Certified and officers’ checks, etc. 14,712.88 

TOTAL DEPOSITS _.$3,313,606.93 

(a) Total demand deposits . . 1,878,678.96 

(b) Total time and savings deposits _ 1,434,927.97 

Federal funds purchased 400,000.00 

Other liabilities 64,775.85 


TOTAL LIABILITIES $ 3,778,382.78 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 31,583.38 


TOTAL RESERVES ON LOANS AND SECURITIES $ 31,583.38 

CAPITAL ACCOUNTS 

Equity capital, total $ 275,178.16 

Common stock — total par value 100,000.00 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus 100,000.00 

Undivided profits 75,178.16 


TOTAL CAPITAL ACCOUNTS $ 275,178.16 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 4,085,144.32 


76 — 


Certificate Issued June 17, 1946 


No. 442 


THE CITIZENS STATE BANK, KEENESBURG 

Weld County 


OFFICERS FOR 1970 

C. H. Starks, President; Harry A. Pippin, Executive Vice President 
and Secretary; Don K. Spearow, Cashier; George H. Bush, Assistant 
Vice President. 

DIRECTORS FOR 1970 
Harry A. Pippin, C. H. Starks, Don K. Spearow. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 529,722.09 

U.S. Treasury securities - 760,358.08 

Obligations of States and political subdivisions 392,067.42 

Other loans 2,026,817.41 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 11,000.00 


TOTAL ASSETS 

LIABILITIES 

Demand deposits of individuals, partnerships, 
and corporations 


and corporations .. 

Deposits of United States Government 

Deposits of states and political subdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $3,455,767.01 

(a) Total demand deposits 1,653,026.96 

(b) Total time and savings deposits 1,802,740.05 

Other liabilities ... . . . 


TOTAL LIABILITIES $ 

RESERVES ON LOANS AND SECURITIES 


TOTAL RESERVES ON LOANS AND SECURITIES 
CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus 

Undivided profits 


TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 


...$ 

3,719,965.00 

....$ 

1,418,611.47 


1,342,875.69 

29,891.99 

629,765.89 

34,621.97 


3,600.00 

...$ 

3,459,367.01 

-$ 

25,585.45 

- -$ 

25,585.45 

$ 

235,012.54 

100,000.00 


— 

100,000.00 

35,012.54 

....$ 

235,012.54 

-$ 

3,719,965.00 


— 77 — 


Certificate Issued March 24, 1908 


No. 136 


THE KIOWA STATE BANK, KIOWA 

Elbert County 


OFFICERS FOR 1970 

V. A. Backlund, Chairman of the Board; Paul W. King, President; 

V. A. Backlund, Jr., Vice President and Cashier; Vera A. Johnson, 
Eva Marie Sexson, Tressie Schell, Assistant Cashiers. 

DIRECTORS FOR 1970 

W. C. Allen, V. A. Backlund, Paul W. King, Ina M. Lagae, J. Y. Lagae, 
Gordon A. Williams. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $15,529.85 unposted debits) $ 410,758.70 

U.S. Treasury securities 483,512.59 

Obligations of States and political subdivisions 60,019.20 

Federal funds sold and securities purchased under 

agreements to resell 100,000.00 

Other loans 2,545,573.36 

Bank premises, furniture and fixtures, and other assets 
representing bank premises 44,301.29 


TOTAL ASSETS $ 3,644,165.14 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations S 1,504,454.25 

Time and savings deposits of individuals, partnerships, 

and corporations 1,313,856.08 

Deposits of United States Government 11,382.62 

Deposits of States and political subdivisions 443,616.98 

Certified and officers’ checks, etc. - 6,385.11 

TOTAL DEPOSITS $3,279,695.04 

(a) Total demand deposits 1,735,510.14 

(b) Total time and savings deposits 1,544,184.90 

Other liabilities 69,281.95 


TOTAL LIABILITIES $ 3,348,976.99 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans S 16,122.42 


TOTAL RESERVES ON LOANS AND SECURITIES .__$ 16,122.42 

CAPITAL ACCOUNTS 

Equity capital, total S 279,065.73 

Common stock- — total par value $ 75,000.00 

(No. shares authorized 1,500) 

(No. shares outstanding 1,500) 

Surplus . 125,000.00 

Undivided profits 79,065.73 


TOTAL CAPITAL ACCOUNTS $ 279,065.73 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS S 3,644,165.14 


— 78 — 


Certificate Issued March 1, 1917 


No. 321 


THE KIRK STATE BANK, KIRK 

Yuma County 


OFFICERS FOR 1970 

Leland E. House, President; Dean Thompson, Vice President; Ruth 
H. Wise, Cashier. 


DIRECTORS FOR 1970 

John Baldwin, Lena Burkard, Leonard Davidson, Leland E. House, 
David G. Idler, Dean Thompson, Ruth H. Wise. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 485,974.24 

U.S. Treasury securities 234,821.92 

Other loans 1,203,103.13 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 43,760.78 

Real estate owned other than bank premises 1.00 


TOTAL ASSETS $ 1,967,661.07 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 906,630.86 

Time and savings deposits of individuals, partnerships, 

and corporations _ 619,457.22 

Deposits of United States Government 8,798.94 

Deposits of States and political subdivisions 202,429.70 

Certified and officers’ checks, etc. 5,634.02 

TOTAL DEPOSITS . $1,742,950.74 

(a) Total demand deposits . 941,173.64 

(b) Total time and savings deposits 801,777.10 

Other liabilities 40,839.05 


TOTAL LIABILITIES 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 

TOTAL RESERVES ON LOANS AND SECURITIES 

CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value 

(No. shares authorized 600) 

(No. shares outstanding 600) 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS 


$ 1,783,789.79 


-$ 

12,101.42 

-$ 

12,101.42 

-$ 

171,769.86 


60,000.00 


75,000.00 

- 

36,769.86 


171,769.86 


$ 1,967,661.07 


— 79 — 


Certificate Issued November 22. 1909 


No. 178 


KIT CARSON STATE BANK. KIT CARSON 

Cheyenne County 


OFFICERS FOR 1970 

John G. Clark, President; William H. Holthus, Donald W. Winter, 
Vice Presidents; Ivan D. Fugate, Secretary; Anna M. Gunderson, 
Cashier: Marietta W'ilkerson, Assistant Cashier. 

DIRECTORS FOR 1970 

John G. Clark, Ivan D. Fugate, John E. Harkei'. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $5.20 unposted debits) $ 696,652.89 

U.S. Treasury securities 748,634.11 

Federal funds sold and securities purchased under 

agreements to resell 400,000.00 

Other loans 805,200.74 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 1,170.88 

Real estate o'wned other than bank premises . 1.00 


TOTAL ASSETS . $ 2,651,659.62 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations _$ 1,194,018.31 

Time and savings deposits of individuals, partnerships, 

and corporations 884,699.20 

Deposits of United States Government 2,000.00 

Deposits of States and political subdivisions 259,235.62 

Deposits of commercial banks 50,000.00 

Certified and officers’ checks, etc. 28,441.62 

TOTAL DEPOSITS . $2,418,394.75 

(a) Total demand deposits _ 1,348,266.22 

(b) Total time and savings deposits . 1,070,128.53 

TOTAL LIABILITIES .. $ 2,418,394.75 

CAPITAL ACCOUNTS 

Equity capital, total $ 233,264.87 

Common stock — total par value . . 75,000.00 

(No. shares authorized 7,500) 

(No. shares outstanding 7,500) 

Surplus .. - 75,000.00 

Undivided profits 75,264.87 

Reserve for contingencies and other capital reserves 8,000.00 


TOTAL CAPITAL ACCOUNTS $ 233,264.87 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS . $ 2,651,659.62 


— 80 — 


Certificate Issued August 18, 1908 


No. 70 


THE BANK OF KREMMLING, KREMMLING 

Grand County 


OFFICERS FOR 1970 

Carl G. Breeze, President; W. P. Hinman, Vice President; Harry B. 
Jones, Cashier; Harrj’ R. Jones, Assistant Cashier. 

DIRECTORS FOR 1970 

Carl G. Breeze, W. P. Hinman, Harry B. Jones. 


Dec. 31. 1970 

ASSETS 

Cash and due from banks _S 710,634.49 

U.S. Treasury securities 1,328,307.06 

Obligations of States and political subdivisions 110,433.20 

Federal funds sold and secui'ities purchased under 

agreements to resell . 900,000.00 

Other loans . 1,838,760.88 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 2.00 


TOTAL ASSETS . 4,888,137.63 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . _.S 3,046,587.68 

Time and savings deposits of individuals, partnerships, 

and corporations 815,538.06 

Deposits of States and political subdivisions 303,588.29 

Certified and officers’ checks, etc. 20,046 71 

TOTAL DEPOSITS $4,185,760.74 

(a) Total demand deposits 3,370,222.68 

(b) Total time and savings deposits 815,538.06 

Other liabilities 109,983.93 


TOTAL LIABILITIES 4,295,744.67 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans — $ 10,882.50 


TOTAL RESERVES ON LOANS AND SECURITIES $ 10,882.50 

CAPITAL ACCOUNTS 

Equity capital, total $ 581,510.46 

Common stock — total par value 100,000.00 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus 300,000.00 

Undivided profits 181,510.46 


TOTAL CAPITAL ACCOUNTS $ 581,510.46 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 4,888,137.63 


— 81 — 


Certificate Issued August 5, 1908 


No. 73 


THE COLORADO BANK AND TRUST COMPANY 
OF LA JUNTA, LA JUNTA 

Otero County 


OFFICERS FOR 1970 

Robert H. Jones, President and Trust Officer; J. W. Miller, Execu- 
tive Vice President; C. O. Jones, R. W. Blair, Assistant Vice Presi- 
dents; Florence H. Williams, Cashier; Betty Chronister, Assistant 
Cashier. 

DIRECTORS FOR 1970 

Robert H. Jones, Lloyd C. Larsen, J. W. Miller, Robert R. Sabin, 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 2,103,398.81 

U.S. Treasury securities 2,784,456.27 

Obligations of States and political subdivisions 1,017,311.67 

Other securities (including 821,001.00 corporate stocks) 21,001.00 

Other loans -- - - - 7,455,454.31 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . . . .. 130,970.19 

Other assets . . . ... 42,078.57 


TOTAL ASSETS $ 13,554,670.82 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 6,621,951.52 

Time and savings deposits of individuals, partnerships, 

and corporations 3,447,548.61 

Deposits of United States Government . . . 208,823.09 

Deposits of States and political subdivisions — 1,446,533.57 

Certified and officers’ checks, etc. 75,550.31 

TOTAL DEPOSITS ... $11,800,407.10 

(a) Total demand deposits 7,842,421.70 

(b) Total time and savings deposits . . 3,957,985.40 

Mortgage indebtedness .... - 4,000.00 

Other liabilities 255,013.32 


TOTAL LIABILITIES $ 12,059,420.42 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 148,079.22 


TOTAL RESERVES ON LOANS AND SECURITIES .. $ 148,079.22 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,347,171.18 

Common stock — total par value 275,000.00 

(No. shares authorized 27,500) 

(No. shares outstanding 27,500) 

Surplus 425,000.00 

Undivided profits . 647,171.18 


TOTAL CAPITAL ACCOUNTS $ 1,347,171.18 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 13,554,670.82 


— 82 — 


Certificate Issued August 5, 1908 


No. 72 


THE LA JUNTA STATE BANK, LA JUNTA 

Otero County 


OFFICERS FOR 1970 

Olin Richert, President; Milton Richert, Cashier; Evangeline Gutier- 
rez, Robert Eichman, Assistant Cashiers. 

DIRECTORS FOR 1970 

Harry E. Ascherman, J. A. McGlothlin, John Richert, Jr., Milton 
Richert, Olin Richert. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 1,441,649.87 

U.S. Treasury securities 1,383,496.67 

Obligations of States and political subdivisions 872,480.00 

Other securities 4,500.00 

Other loans 1,513,913.39 

Other assets 12,884.18 


TOTAL ASSETS $ 5,228,924.11 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 2,908,312.88 

Time and savings deposits of individuals, partnerships, 

and corporations 1,078,298.18 

Deposits of United States Government 105,944.04 

Deposits of States and political subdivisions 471,922.51 

Certified and officers’ checks, etc. .. 14,166.50 


TOTAL DEPOSITS $4,578,644.11 

(a) Total demand deposits 3,413,272.40 

(b) Total time and savings deposits . .. 1,165,371.71 


TOTAL LIABILITIES $ 4,578,644.11 


CAPITAL ACCOUNTS 

Equity capital, total $ 650,280.00 

Common stock — total par value 100,000.00 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus 100,000.00 

Undivided profits 450,280.00 


TOTAL CAPITAL ACCOUNTS 


$ 650,280.00 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 


$ 5,228,924.11 


Certificate Issued July 7, 1945 


No. 439 


JEFFERSON COUNTY BANK OF LAKEWOOD 
LAKEWOOD 

J efferson County 


OFFICERS FOR 1970 

Samuel T. Jones, Jr., Chairman of the Board; Fred E. Kirschke, Vice Chairman 
of the Board; Robin B. Bailey, President and Chief Executive; Norman B. 
Bernard, Theodore H. Mueller, Second Vice Presidents; E. Wayne Cottle, Vice 
President and Cashier; Clark A. Adams, Meddie Boisvert, Carroll P. Parrish, 
John G. Seberg, Vice Presidents; Roger Auston, Larry Luebcke, Edwin C. Lueck, 
Chris J. Schmidt, Charles M. Shakespeare, Dorothy L. Youmans, Assistant Vice 
Presidents Ronnie Ballatine, Jack Hinton, Richard Janney, Alan E. Kirschke, 
Dennis Kreps, Pearl Lucas, Robert McAtee. Richard McLean, Mark Pingrey, 
Michael K. Ritter, Leapha Schachet, Assistant Cashiers; Charles Brennan, 
Auditor; James B. Burke, Vice President and Trust Officer; Richard Mutze- 
baugh. Assistant Trust Officer. 

DIRECTORS FOR 1970 

Robin B. Bailey, Norman B. Bernard, Bruce T. Buell, Jesse B. Carraway, Jr., 
John B. Hyde, Mary Alice T. Jones, Samuel T. Jones, Jr., Fred E. Kirschke, Jess 
Kortz. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $46,288.14 unposted debits) $ 5,438,203.45 

U.S. Treasury securities 8,911,337.63 

Securities of other U.S. Government agencies 

and corporations 500,000.00 

Obligations of States and political subdivisions 5,761,820.12 

Other securities 11,000.00 

Federal funds sold and securities purchased under 

agreements to resell 3,000,000.00 

Other loans 38,888,465.46 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 1,580,390.53 

Real estate owned other than bank premises 46,183.96 

Other assets 475,564.85 


TOTAL ASSETS $ 64,612,966.00 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 26,149,867.46 

Time and savings deposits of individuals, partnerships, 

and corporations 23,973,540.91 

Deposits of United States Government 640,732.21 

Deposits of States and political subdivisions 5,952,391.85 

Deposits of commercial banks 20,000.00 

Certified and officers’ checks, etc 579,649.61 

TOTAL DEPOSITS $57,316,182.04 

(a) total demand deposits 29,689,132.93 

(b) Total time and savings deposits 27,627,049.11 

Other liabilities for borrowed money 118,500.00 

Mortgage indebtedness 132,703.02 

Other liabilities 1,893,801.07 


TOTAL LIABILITIES $ 59,461,186.13 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 500,798.87 


TOTAL RESERVES ON LOANS AND SECURITIES $ 500,798.87 

CAPITAL ACCOUNTS 

Equity capital, total $ 4,650,981.00 

Common stock — total par value 1,350,000.00 

(No. shares authorized 135,000) 

(No. shares outstanding 135,0(K)) 

Surplus 2,025,000.00 

Undivided profits 1,275,981.00 


TOTAL CAPITAL ACCOUNTS S 4.650,981.00 

TOTAL LIABILITIES, RESERVES. AND 


CAPITAL ACCOUNTS $ 64,612,966.00 


— 84 — 


Certificate Issued March 4, 1920 


No. 394 


VALLEY STATE BANK, LAMAR 

Prowers County 


OFFICERS FOR 1970 

J. E. Facer, President; A. J.Heutzenroeder, Cashier; Nan M. Parks, 
Assistant Cashier. 

DIRECTORS FOR 1970 
J. E. Facer, Phil Gilbert, Terry Turner. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $6,297.75 unposted debits) $ 727,866.65 

U.S. Treasury securities - - 444,158.17 

Securities of other U.S. Government agencies 

and corporations 120,075.00 

Obligations of States and political subdivisions 887,653.57 

Other loans . 3,920,279.43 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . . 15,867.75 

Other assets . .. 33,067,61 


TOTAL ASSETS $ 6,148,968.18 

LIABILITIES 

Demand deposits of individuals, partnerships. 


Time and savings deposits of individuals, partnerships, 

and corporations 1,910,010.16 

Deposits of United States Government 40,067,33 

Deposits of States and political subdivisions 1,052,633.05 

Certified and officers’ checks, etc. 92,828.25 

TOTAL DEPOSITS $5,285,896.92 

(a) Total demand deposits 2,928,766.85 

(b) Total time and savings deposits 2,357,130.07 

Federal funds purchased and securities 

sold under agreements to repurchase 200,000.00 

Other liabilities 79,893.26 


TOTAL LIABILITIES $ 5,565,790.18 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 65,311.67 


TOTAL RESERVES ON LOANS AND SECURITIES.-. $ 65,311.67 

CAPITAL ACCOUNTS 

Equity capital, total $ 517,866.33 

Common stock — ^total par value 100,000.00 

(No. shares authorized 20,000) 

(No. shares outstanding 20,000) 

Surplus 250,000.00 

Undivided profits 16'7,866.33 

TOTAL CAPITAL ACCOUNTS 517,866.33 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS .......4 6,148,968.18 

— 85 — 


Certificate Issued May 22, 1940 


No. 434 


COMMERCIAL BANK OF LEADVILLE, LEADVILLE 

Lake County 


OFFICERS FOR 1970 

Hugh E. Smith, President; Arthur G. Silver, Vice President and 
Secretary; Joann Bradach, Vice President; Michael M. Heil, Assistant 
Vice President; J. L. Grace, Cashier; Pauline Klune, Assistant 
Cashier. 

DIRECTORS FOR 1970 

Peter Cosgriff, W. O. Diedrich, R. E. Kurtz, Sr., Arthur G. Silver, 
Hugh E. Smith. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $13,989.45 unposted debits) $ 653,620.96 

U.S. Treasury securities 1,353,054.07 

Obligations of States and political subdivisions 1,323,971.94 

Other securities (including $600.00 corporate stocks) 600.00 

Federal funds sold and securities purchased under 

agreements to resell 900,000.00 

Other loans 3,934,922.84 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 46,292.55 

Other assets 160,004.42 


TOTAL ASSETS $ 8,372,466.78 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 3,007,227.80 

Time and savings deposits of individuals, partnerships, 

and corporations 2,835,050.27 

Deposits of United States Government 599,214.33 

Deposits of States and political subdivisions 955,667,88 

Certified and officers’ checks, etc. 40,739.29 

TOTAL DEPOSITS $7,437,899.57 

(a) Total demand deposits 4,315,700.25 

(b) Total time and savings deposits .... 3,122,199.32 

Other liabilities . 251,456.45 


TOTAL LIABILITIES ..... $ 7,689,356.02 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 17,560.87 


TOTAL RESERVES ON LOANS AND SECURITIES..-, $ 17,560.87 

CAPITAL ACCOUNTS 

Equity capital, total $ 665,549.89 

Common stock — total par value 200,000.00 

(No. shares authorized 2,000) 

(No. shares outstanding 2,000) 

Surplus 250,000.00 

Undivided profits 215,549.89 


TOTAL CAPITAL ACCOUNTS $ 665,549.89 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 8,372,466.78 


— 86 — 


Certificate Issued January 11, 1957 


No. 482 


UNITED BANK OF LITTLETON, LITTLETON 

Arapahoe County 


OFFICERS FOR 1970 

W. G. Johnsen, President; K. R. Osborne, B. J. Stelling, Vice Presi- 
dents; J. D. Meyers, Assistant Vice President; G. L. Anneler, 
Cashier; D. A. Milner, Jr., G. E. Fitzpatrick, D. C. Kellogg, Assistant 
Cashiers. 

DIRECTORS FOR 1970 

General Thomas P. Corwin, Robert J. Flynn, R. H. Heckendorf, 
W. G. Johnsen, R. H. Koran, Jr., Walter L. Meyer, Norman F. 
Patrick, R. L. Pennock, Jr., H. G. Reifsneider, John F. Shafroth, 
Jack O. Thomas, Dr. W. Jacque Yost. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $15,228.29 unposted debits) $ 1,832,897.67 

U.S. Treasury securities 2,570,322.50 

Obligations of States and political subdivisions 5,022,997.76 

Other securities 164,764.00 

Other loans . .. . 8,701,842.35 

Bank premises, furniture and fixtures, and other assets 

representing bank premises .. 101,863.82 

Other assets 232,684.82 


TOTAL ASSETS $ 18,627,372.92 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 7,375,772.88 

Time and savings deposits of individuals, partnerships, 

and corporations . . 6,363,403.86 

Deposits of United States Government 358,745.06 

Deposits of States and political subdivisions 2,425,063.60 

Certified and officers’ checks, etc. 303,139.64 

TOTAL DEPOSITS . $16,826,125.04 

(a) Total demand deposits 8,510,441.24 

(b) Total time and savings deposits ... 8,315,683.80 

Other liabilities 440,460.23 


TOTAL LIABILITIES $ 17,266,585.27 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 118,278.81 


TOTAL RESERVES ON LOANS AND SECURITIES.-. $ 118,278.81 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,242,508.84 

Common stock — total par value 400,000.00 

(No. shares authorized 40,000) 

(No. shares outstanding 40,000) 

Surplus 400,000.00 

Undivided profits 442,508.84 


TOTAL CAPITAL ACCOUNTS $ 1,242,508.84 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 18,627,372.92 


— 87 — 


Certificate Issued July 17, 1964 


482 


THE ST. VRAIN VALLEY BANK, LONGMONT 

Boulder County 


OFFICERS FOR 1970 

Oral G. Beckmann, President; William A. Reed, Vice President and 
Cashier; Charles W. Haley, Assistant Cashier. 

DIRECTORS FOR 1970 

Oral G. Beckmann, William C. Bender, Charles H. Burning, Fred 
B. Korte, Albert A. Will. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $10,597.21 unposted debits) ..$ 1,431,435.21 

U.S. Treasury securities 862,553.08 

Obligations of States and political subdivisions 538,844.38 

Other loans 3,320,585.73 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . . 281,267.84 

Other assets 55,712.03 


TOTAL ASSETS $ 6,490,398.27 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 2,381,938.25 

Time and savings deposits of individuals, partnerships, 

and corporations . 2,715,279.14 

Deposits of United States Government 73,112.79 

Deposits of States and political subdivisions 443,302,24 

Certified and officers’ checks, etc. 71,947.47 

TOTAL DEPOSITS $5,685,579.89 

(a) Total demand deposits 2,614,300.75 

(b) Total time and savings deposits ... 3,071,279.14 

Mortgage indebtedness 139,126.15 

Other liabilities 167,162.22 


TOTAL LIABILITIES $ 5,991,868.26 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 14,838.89 


TOTAL RESERVES ON LOANS AND SECURITIES ... $ 14,838.89 

CAPITAL ACCOUNTS 

Equity capital, total $ 483,691.12 

Common stock — total par value 230,000.00 

(No. shares authorized 23,000) 

(No. shares outstanding 23,000) 

Surplus 151,000.00 

Undivided profits 102,691.12 


TOTAL CAPITAL ACCOUNTS $ 483,691.12 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 6,490,398.27 


— 88 — 


Certificate Issued March 22, 1950 


No. 448 


THE HOME STATE BANK, LOVELAND 

Larimer County 


OFFICERS FOR 1970 

Jack Devereaux, President and Trust Officer; Norman E. Rarick, 
Executive Vice President and Trust Officer; Marlyn J. Gerken, Lyle 
G. Andersen, Robert H. Scott, Vice Presidents; Melvin F. Dietz, 
Cashier; Geraldine Fenton, Assistant Trust Officer. 

DIRECTORS FOR 1970 

Jack Devereaux, T. M. McKee, Norman E. Rarick. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks 

(including $243,731.51 unposted debits) $ 759,891.96 

U.S. Treasury securities 1,734,759.19 

Securities of other U.S. Government agencies 

and corporations 201,023.93 

Obligations of States and political subdivisions 1,459,554.41 

Other loans 6,268,576.17 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 284,651.93 

Real estate owned other than bank premises 93,294.80 

Other assets 124,351.06 


TOTAL ASSETS . 

LIABILITIES 

Demand deposits of individuals, partnerships, 
and corporations 

Time and savings deposits of individuals, partnership: 

and corporations 

Deposits of United States Government . 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. . 

TOTAL DEPOSITS $9,633,191.58 

(a; Total demand deposits 4,627,176.29 

(b) Total time and savings deposits 5,006,015.29 
Other liabilities 

TOTAL LIABILITIES 

MINORITY INTEREST IN CONSOLIDATED 

SUBSIDIARIES . 

RESERVES ON LOANS AND SECURITIES 


TOTAL RESERVES ON LOANS AND SECURITIES 
CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value 

(No. shares authorized 40,000) 

(No. shares outstanding 40,000) 

Surplus . -- 

Undivided profits 


TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 


4 10,926,103.45 


4,118,988.86 


4,111,015.29 

94,298.55 

1,233,071.55 

75,817.33 


317,850.22 

-$ 

9,951,041.80 

_$ 

78,460.70 

....$ 

51,627.70 

$ 

51,627.70 

-$ 

844,973.25 

400,000.00 


260,000.00 

184,973.25 

...$ 

844,973.25 


-$ 10,926,103.45 


— 89 — 


Certificate Issued August 17, 1964 


No. 483 


MANGOS STATE BANK, MANGOS 

Montezuma County 


OFFICERS FOR 1970 

Hans Glockner, President; Edith Glockner, Cashier; Fred P. Living- 
ston, Assistant Cashier. 

DIRECTORS FOR 1970 

Robert S. Gabriel, Edith Glockner, Hans Glockner, Stanley Kozimor, 
Van A. Willis. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 178,698.13 

U.S. Treasury securities 103,586.00 

Obligations of States and political subdivisions 190,096.96 

Other loans 1,265,815.79 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 93,132.69 

Real estate owned other than bank premises 13,750.74 


TOTAL ASSETS . . ... $ 1,845,080.31 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 574,093.15 

Time and savings deposits of individuals, partnerships, 

and corporations 633,490.54 

Deposits of United States Government 17,244.01 

Deposits of States and political subdivisions 283,000.24 

Deposits of commercial banks 10,022.14 

Certified and officers’ checks, etc 24,427.11 

TOTAL DEPOSITS $1,542,277.19 

(a) Total demand deposits 725,214.42 

(b) Total time and savings deposits .... 817,062.77 

Other liabilities . 77,534.25 


TOTAL LIABILITIES .... .. $ 1,619,811.44 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 3,024.98 


TOTAL RESERVES ON LOANS AND SECURITIES ... $ 3,024.98 

CAPITAL ACCOUNTS 

Equity capital, total $ 222,243.89 

Common stock — total par value 75,000.00 

(No. shares authorized 7,500) 

(No. shaers outstanding 7,500) 

Surplus 100,000.00 

Undivided profits 47,243.89 


TOTAL CAPITAL ACCOUNTS $ 222,243.89 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS 8 1,845,080.31 


— 90 — 


Certificate Issued March 23, 1908 


No. 85 


BANK OF MANITOU, MANITOU SPRINGS 

El Paso County 


OFFICERS FOR 1970 

David E. Hiatt, President; George F. Lewis, Vice President; James 
E. Windle, Cashier; Mary A. Hawkinson, Assistant Cashier. 

DIRECTORS FOR 1970 

A. B. Armstrong, Donald D. Baker, David E. Hiatt, Leo A. Hoegh, 
George F. Lewis, Joel A. H. Webb. 


ASSETS 

Cash and due from banks 

(including $783.57 unposted debits) 

U.S. Treasury securities 

Obligations of States and political subdivisions 
Other loans 


Dec. 31. 1970 


representing bank premises 

Real estate owned other than bank premises 
Other assets 


TOTAL ASSETS 


LIABILITIES 

Demand deposits of individuals, partnerships, 


and corporations 

Deposits of United States Government 

Deposits of States and political subdivisions 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $3,663,002.10 

(a) Total demand deposits 1,947,406.36 

(b) Total time and savings deposits ... 1,715,595.74 
Other liabilities . 


TOTAL LIABILITIES 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 


CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value 
(No. shares auhtorized 1,000) 
(No. shares outstanding 1,000) 

Surplus 

Undivided profits 


TOTAL CAPITAL ACCOUNTS 


TOTAL LIABILITIES, RESERVES, AND 


...$ 

s 

304,758.14 

791,246.39 

314,415.92 

2,605,996.34 

63,348.84 

1.00 

65,681.31 

...S 

4,145,447.94 

...$ 

1,542,930.58 

») 

1,237,747.96 


59,733.01 


775,932.75 

.... 

46,657.80 


109,775.74 

-$ 

3,772,777.84 

..$ 

31,048.63 


31,048.63 

-$ 

341,621.47 


100,000.00 


100,000.00 


141,621.47 

...$ 

341,621.47 

$ 

4,145,447.94 


91 — 


Certificate Issued September 14, 1917 


No. 337 


J. N. BEATY AND COMPANY, BANKERS, MANZANOLA 

Otero County 


OFFICERS FOR 1970 

Frances M. Beaty, President; John D. Beaty, Vice President; Juliet 
B. Paugh, Cashier; Helen Smith, Assistant Cashier. 

DIRECTORS FOR 1970 

Sara M. Adams, Frances M. Beaty, John D. Beaty. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks 

(including $2,360.56 unposted debits) $ 272,509.37 

U.S. Treasury securities 127,689.60 

Obligations of States and political subdivisions 163,474.12 

Other loans 309,882.89 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 1,644.50 

Real estate owned other than bank premises 1.00 

Other assets 550.06 


TOTAL ASSETS 


LIABILITIES 

Demand deposits of individuals, partnerships. 


and corporations .. . 

Deposits of United States Government 

Deposits of States and political subdivisions . 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $737,694.03 

(a) Total demand deposits 682,775.19 

(b) Total time and savings deposits 54,918.84 

TOTAL LIABILITIES . . 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans 

TOTAL RESERVES ON LOANS AND SECURITIES 

CAPITAL ACCOUNTS 

Equity capital, total 

Common stock — total par value 

(No. shares authorized 250) 

(No. shares outstanding 250) 

Surplus 

Undivided profits — 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS 


.. $ 

875,751.54 

-$ 

660,392.09 


54,918.84 

1,588.75 

16,781.62 

4,012.73 

$ 

737,694.03 

-$ 

3,296.71 

- $ 

3,296.71 

-$ 

134,760.80 

25,000.00 


95,000.00 

14,760.80 

-$ 

134,760.80 


875,751.54 


— 92 — 


Certificate Issued May 15, 1920 


No. 397 


McCLAVE STATE BANK OF McCLAVE, McCLAVE 

Bent County 


OFFICERS FOR 1970 

L. Smartt, President; H. H. Falconburg, Vice President and Cashier; 
Della C. Cline, Secretary; Mildred E. Sharp, Mildred M. Travis, 
Assistant Cashiers. 


DIRECTORS FOR 1970 

Sam M. Bourne, Della C. Cline, H. H. Falconburg, John A. Smartt, 
L. Smartt. 


Dec. 3R 1970 

ASSETS 

Cash and due from banks $ 187,762.76 

U.S. Treasury securities 456,710.63 

Obligations of States and political subdivisions 5,000.00 

Federal funds sold and securities purchased under 

agreements to resell 100,000.00 

Other loans . 580,449.43 

Bank premises, furniture and fixtures, and other assets 

representing bank premises ... 1.00 

Real estate owned other than bank premises 1.00 


TOTAL ASSETS $ 1,329,924.82 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 455,524.71 

Time and savings deposits of individuals, partnerships, 

and 'corporations 441,091.29 

Deposits of United States Government 5,939.56 

Deposits of States and political subdivisions 211,340.14 

TOTAL DEPOSITS . ..$1,113,895.70 

(a) Total demand deposits 527,804.41 

(b) Total time and savings deposits 586,091.29 

Other liabilities .. 7,600.00 


TOTAL LIABILITIES $ 1,121,495.70 

CAPITAL ACCOUNTS 

Equity capital, total $ 208,429.12 

Common stock — total par value ...-. 25,000.00 

(No. shares authorized 250) 

(No. shares outstanding 250) 

Surplus 100,000.00 

Undivided profits 83,429.12 


TOTAL CAPITAL ACCOUNTS $ 208,429.12 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 1,329,924.82 


— 93 — 


Certificate Issued December 30, 1970 


No. 500 


EAGLE VALLEY BANK, MINTURN 

Eagle County 


OFFICERS FOR 1970 

Roger L. Reisher, President; J. Robert Young, Executive Vice Presi- 
dent; Melvin J. Sorensen, Vice Presidnt and Cashier; R. Kent Land- 
mark, Larry J. Hauserman, Jack D. Nunn, Blaine AUey, Paul W. 
Ogle, Edson P. Holland, Thomas Charnecki, Steve Forte, William 
Iwata, Assistant Cashiers. 

DIRECTORS FOR 1970 

Robert S. Appel, William P. Johnson, Roger L. Reisher, Ira C. Roth- 
gerber, Jr., Irene G. Rothgerber, Dewitt G. Venable, Everett Wil- 
liams, George Williams, J. Robert Young. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 204,291.86 


TOTAL ASSETS $ 204,291.86 

CAPITAL ACCOUNTS 

Equity capital, total $ 204,291.86 

Common stock — total par value - 100,000.00 

(No. shares authorized 40,000) 

(No. shares outstanding 40,000) 

Surplus 50,000.00 

Undivided profits 54,291.86 


TOTAL CAPITAL ACCOUNTS $ 204,291.86 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 204,291.86 


— 94 — 


Certificate Issued August 27, 1936 


No. 430 


FIDELITY BANK AND TRUST, MONTE VISTA 

Rio Grande County 


OFFICERS FOR 1970 

Mahlon T. White, President; Willis H. Fassett, Jr., Senior Vice Presi- 
dent; C. B. McKinstry, Executive Vice President; Gerald L. Gimlin, 
Vice President and Cashier; Robert V. Haigler, Vice President; J. 
Jackson, Assistant Vice President. 

DIRECTORS FOR 1970 

Ralph Curtis, Sr., Willis H. Fassett, Jr., Robert V. Haigler, C. B. 
McKinstry, Mahlon T. White, Lyman E. Wright. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 859,622.42 

U.S. Treasui'y securities 1,072,715.15 

Obligations of States and political subdivisions 1,119,553.76 

Federal funds sold and securities purchased under 

agreements to resell 400,000.00 

Other loans . .. 4,688,764.76 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 174,744.48 

Other assets 62,955.22 


TOTAL ASSETS . $ 8,378,355.79 

LIABILITIES 

Demarid deposits of individuals, partnerships, 

and corporations $ 4,910,478.45 

Time and savings deposits of individuals, partnerships, 

and corporations _ .. 1,471,622.18 

Deposits of United States Government 190,590.18 

Deposits of States and political subdivisions 554,228.67 

Certified and officers’ checks, etc. . . 61,138.51 

TOTAL DEPOSITS ..$7,188,057.99 

(a) Total demand deposits 5,236,435.81 

(b) Total time and savings deposits .... 1,951,622.18 

Other liabilities 221,734.70 


TOTAL LIABILITIES . $ 7,409,792.69 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans .$ 74,495.16 

TOTAL RESERVES ON LOANS AND SECURITIES ... $ 74,495.16 

CAPITAL ACCOUNTS 

Equity capital, total $ 894,067.94 

Common stock — total par value 300,000.00 

(No. shares authorized 30,000) 

(No. shares outstanding 30,000) 

Surplus 300,000.00 

Undivided profits 294,067.94 


TOTAL CAPITAL ACCOUNTS $ 894,067.94 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 8,378,355.79 

— 95 — 


Certificate Issued March 1, 1950 


No. 447 


SAN MIGUEL BASIN STATE BANK, NORWOOD 

San Miguel County 


pFFICERS FOR 1970 

Herman F. Booth, President; Dan D. Noble, Executive Vice Presi- 
dent; Henry C. Kennedy, Vice President, Clinton W. Booth, Cashier; 
Rosella I. Yelton, Assistant Cashier. 

DIRECTORS FOR 1970 

Herman F. Booth, Henry C. Kennedy, Dan D. Noble. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks ..$ 405,897.70 

Securities of other U.S. Government agencies 

and corporations 1,320,007.05 

Obligations of States and political subdivisions . 89,830.03 

Other loans 2,518,794.06 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . .. 63,930.00 

Real estate owned other than bank premises 1.00 

Other assets . 70,352.87 


TOTAL ASSETS $ 4,468,812.71 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . .. $ 1,266,039.44 

Time and savings deposits of individuals, partnerships, 

and corporations . 1,967,738.63 

Deposits of United States Government 48,099.70 

Deposits of States and political subdivisions 811,224.35 

Certified and officers’ checks, etc. . 25,919.38 

TOTAL DEPOSITS $4,119,021.50 

(a) Total demand deposits 1,458,244.43 

(b) Total time and savings deposits ... 2,660,777.07 

Other liabilities 32,162.88 


TOTAL LIABILITIES $ 4,151,184.38 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 18,109.59 


TOTAL RESERVES ON LOANS AND SECURITIES .. $ 18,109.59 

CAPITAL ACCOUNTS 

Equity capital, total $ 299,518.74 

Common stock — total par value 75,000.00 

(No. shares authorized 7,500) 

(No. share outstanding 7,500) 

Surplus . 125,000.00 

Undivided profits 99,518.74 


TOTAL CAPITAL ACCOUNTS $ 299,518.74 

TOTAL LIABILITIES. RESERVES, AND 


CAPITAL ACCOUNTS . ..$ 4,468,812.71 


— 96 — 


Certificate Issued August 28, 1913 


No. 270 


THE CITIZENS STATE BANK OF OURAY, OURAY 

Ouray County 


OFFICERS FOR 1970 

David G. Wood, President; Bruce Phillips, Vice President; Donald 
D. Handhardt, Cashier; Louise Z. Fleetwood, Assistant Cashier. 

DIRECTORS FOR 1970 

Donald D. Hanhardt, Arthur C. Hilander, Bruce Phillips, David G. 
Wood, Raymond P. Wood II. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks . $ 311,791.14 

U.S. Treasury securities 895,925.01 

Securities of other U.S. Government agencies 

and corporations . 350,000.00 

Obligations of States and political subdivisions 383,754.20 

Other loans . — 2,257,157.64 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 11,500.00 

Other assets . 8,752.35 


TOTAL ASSETS $ 4,218,880.34 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,525,952.02 

Time and savings deposits of individuals, partnerships, 

and corporations 1,356,998.27 

Deposits of United States Government 95,063.49 

Deposits of States and political subdivisions 671,238.86 

Certified and officers’ checks, etc. 52,143.84 

TOTAL DEPOSITS . $3,701,396.48 


(b) Total time and savings deposits . . 1,671,792.73 
Federal funds purchased and securities 

sold under agreements to repurchase 50,000.00 

Other liabilities . 84,845.27 


TOTAL LIABILITIES $ 3,836,241.75 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans _.$ 44,658.53 


TOTAL RESERVES ON LOANS AND SECURITIES ... $ 44,658.53 

CAPITAL ACCOUNTS 

Equity capital, total $ 337,980.06 

Common stock — total par value 90,000.00 

(No. shares authorized 900) 

(No. shares outstanding 900) 

Surplus 160,000.00 

Undivided profits 87,980.06 


TOTAL CAPITAL ACCOUNTS $ 337,980.06 

TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS ......$ 4,218,880.34 

— 97 — 


Certificate Issued April 27, 1908 


No. 147 


THE CITIZENS BANK OF PAGOSA SPRINGS 
PAGOSA SPRINGS 

Archuleta County 


OFFICERS FOR 1970 

Joseph B. Hersch, President; Marguerite H. Wiley, Vice President; 
Frederick W. Sorenson, Jr., Vice President and Cashier; Inez Willett, 
Harry M. Cole, Assistant Cashiers. 

DIRECTORS FOR 1970 

Paul A. Decker, Joseph B. Hersch, Ben K. Lynch, Marguerite H. 
Wiley. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 388,654.15 

U.S. Treasury securities 301,770.98 

Obligations of States and political subdivisions 336,070.33 

Federal funds sold and securities purchased under 

agreements to resell 300,000.00 

Other loans 1,334,000.49 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 10,562.29 

Real estate owned other than bank premises 8,114.84 

Other assets 31.00 


TOTAL ASSETS $ 2,679,204.08 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . . $ 1,217,126.77 

Time and savings deposits of individuals, partnerships, 

and corporations 636,970.25 

Deposits of United States Government 26,613.14 

Deposits of States and political subdivisions — 540,097.29 

Deposits of commercial banks 31,000.00 

Certified and officers’ checks, etc. 19,917.71 

TOTAL DEPOSITS $2,471,725.16 

(a) Total demand deposits 1,714,796.23 

(b) Total time and savings deposits 756,928.93 

Other liabilities 19,877.70 


TOTAL LIABILITIES $ 2,491,602.86 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans — $ 13,198.62 


TOTAL RESERVES ON LOANS AND SECURITIES..-$ 13,198.62 
CAPITAL ACCOUNTS 

Equity capital, total -$ 174,402.60 

Common stock — total par value 50,000.00 

(No. shares authorized 500) 

(No. shares outstanding 500) 

Surplus — 50,000.00 

Undivided profits 74,402.60 


TOTAL CAPITAL ACCOUNTS 174,402.60 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 2,679,204.08 


98 


Certificate Issued February 17, 1908 


No. 101 


THE MINNEQUA BANK OF PUEBLO, PUEBLO 

Pueblo County 


OFFICERS FOR 1970 

Helen Thatcher White. Vice President and Chairman of the Board; Mahlon T. 
White, President; Robert R. Davis, Executive Vice President; Otto W. Snapp, Jr., 
Senior Vice President; Clark Hodges, James A. Kenyon, II, Theodore V. Stewart, 
Robert W. Pobst, Vice Presidents; Philip E. Boschen, Vice President and Assistant 
to the President; Robert L. Freeman. Vice President and Cashier Rose Masteran- 
tonio, Donald E. Green, Anthony P. O’Neill. Assistant Vice Presidents; Charline 
Burkhard, Winston Churchill. Lucille Wilcox, John N. Carpio, James L. Richard- 
son, Anthony J. Hegler, Assistant Cashiers. 

DIRECTORS FOR 1970 

David W. Boyer, Robert R. Davis, Frank S. Hoag, Jr., Samuel T. Jones, Jr., 
Jerome L. Lindberg, William H. Schwabe, Mahlon T. White, Walter J. Predovich, 
Ben Weindling, W. A. Wills, Sr., Otto W. Snapp, Jr., Helen T. White. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks . $ 2,110,397.43 

U.S. Treasury securities 4,505,630.07 

Obligations of States and political subdivisions 2,681,066.98 

Federal funds sold and securities purchased under 

agreements to resell ..... . . 1,250,000.00 

Other loans 15,913,803.28 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 64,274,38 

Other assets . 317,307.99 


TOTAL ASSETS $ 26,842,480.13 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 9,482,202.32 

Time and savings deposits of individuals, partnerships, 

and corporations 11,744,719.64 

Deposits of United States Government 381,025.02 

Deposits of States and political subdivisions 1,854,563.62 

Deposits of commercial banks 135,392.69 

Certified and officers’ checks, etc. 145,003.24 

TOTAL DEPOSITS $23,742,906.53 

(a) Total demand deposits 11,114,186.89 

Cb) Total time and savings deposits .... 12,628,719.64 
Other liabilities ..... . ^ 666,118.91 


TOTAL LIABILITIES . $ 24,409,025.44 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans $ 332,237.19 


TOTAL RESERVES ON LOANS AND SECURITIES . .$ 332,237.19 


CAPITAL ACCOUNTS 

Equity capital, total .. . $ 2,101,217.50 

Common stock — total par value 500,000.00 

(No. shares authorized 5,000) 

(No. shares outstanding 5,000) 

Surplus 1,100,000.00 

Undivided profits 501,217.50 


TOTAL CAPITAL ACCOUNTS $ 2,101,217.50 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 26,842,480.13 


— 99 — 


Certificate Issued November 1, 1909 


No. 174 


THE PUEBLO BANK AND TRUST COMPANY, PUEBLO 

Pueblo County 


OFFICERS FOR 1970 

Alva B. Adams, Chairman of the Board; James L. Fimole. President: Earl F. 
Lehigh, Jr., Executive Vice President; Clarence A. Burianek, Vice President 
and Trust Officers; James A. McClearn. Vice President and Cashier; Walter L. 
Carsella. Homer L. Tumlinson. Lawrence M. Pearson. Vice Presidents; James 
Murray, Trust Officer; Joseph R. Kerrigan, Kenneth F. Hunter. Sherman H. 
French. Assistant Vice Presidents; Travis G. Trent, Assistant Trust Officer; 
Arthur M. Lane. Martha L. Rector, Irma A. Milyard, Assistant Cashiers; Gerald 
E. Sherraden, Auditor: William H. Adams. Legal Counsel. 

DIRECTORS FOR 1970 

Alva B. Adams, William H. Adams. Merriam B. Berger, Clarence A. Burianek. 
Max Da.v. James L. Fimple, W'illiam V. Hitzing, Jess F. Hunter, Earl L. Lehign. 
Jr., Frank P. Tallman, Joseph A. Uhl, III, Dr. John L. Weaver. Howard E. 
Whitlock. Jr. 


ASSETS Dec. 31, 1970 

Cash and due from banks .. $ 2,896,492.20 

U.S. Treasury securities 11,172,939.74 

Securities of other U.S. Government agencies 

and corporations 700,000.00 

Obligations of States and political subdivisions 8,560,588.10 

Other securities (including $49,106.24 corporate stocks). 59,106.24 

Federal funds sold and securities purchased under 

agreements to resell 900,000.00 

Other loans . . .. . 15,446,238.28 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 875,565.85 

Other assets 403,884.29 


TOTAL ASSETS . . $ 41,014,814.70 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and. corporations . $ 11,905,342.96 

Time and savings deposits of individuals, partnerships, 

and corporations .. . . 15,538,500.82 

Deposits of United States Government . 888,286.32 

Deposits of States and political subdivisions . .. 6,913,277.13 

Certified and officers’ checks, etc. 563,317.39 

TOTAL DEPOSITS $35,808,724.62 

(a) Total demand deposits 14,461,474.98 

(b) Total time and savings deposits 21,347,249.64 

Mortgage indebtedness . 243,875.61 

Other liabilities .. 936,392.31 


TOTAL LIABILITIES ... . $ 36,988,992.54 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans .$ 977,849.97 


TOTAL RESERVES ON LOANS AND SECURITIES $ 977,849.97 

CAPITAL ACCOUNTS 

Equity capital, total ... $ 3,047,972.19 

Common stock — total par value 750,000 

(No. shares authorized 79,999) 

(No. shares outstanding 79,000) 

Surplus 750,000 

Undivided profits — - 1,547,972.19 


TOTAL CAPITAL ACCOUNTS $ 3,047,972.19 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS .... .. . $ 41,014,814.70 


— 100 — 


Certificate Issued September 14, 1950 


No. 451 


UNITED BANK OF PUEBLO, PUEBLO 

Pueblo County 


OFFICERS FOR 1970 

Henry D. Williams, President and Chairman of the Board; Erna S. Trefz, Vice 
Chairman of the Board; T. P. Conroy, Vice President and Cashier; Jack L. Kinkei, 
Arlo Beamon, Joseph Wright, Vice Presidents; Robert D. Gregg, Wm. J. O’Leary, 
Jr., G. Dean Harold, Assistant Vice Presidents; Garth G. Vaughan, Joseph A. 
Waples, Assistant Cashiers; Robert G. Hughes, Director of Business Development. 

DIRECTORS FOR 1970 

Arlo Beamon, Anthony Bonforte, Richard B. Capek, Al.D., Dr. Walter D. Carroll, 
Damian P. Ducy, Frank E. Evans, John B. Farley, M.D., William Ansel Gower, 
Bret Kelly, A. A. Ladd, Jr.. Erna S. Trefz. Gerald A. Valantine, Henry D. 
Williams. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 2,923,426.86 

U.S. Treasury securities - - 2,143,521.16 

Obligations of States and political subdivisions 4,973,458.62 

Other securities (including $21,000.00 corporate stocks) 

21,000 F.R.B. 5,000 I.B. 26,000.00 

Other loans — - 10,951,273.42 

Bank premises, furniture and fixtures, and other assets 

representing bank premises . 402,259.40 

Real estate owned other than bank premises -. - 13,278.03 

Other assets . 347,746.88 


TOTAL ASSETS . $ 21,780,964.37 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 7,322,469.38 

Time and savings deposits of individuals, partnerships, 

and corporations — 7,099,374.90 

Deposits of United States Government 384,979.82 

Deposits of States and political subdivisions . 4,529,265.32 

Deposits of commercial banks 92,152.33 

Certified and officers’ checks, etc. 113,179.49 

TOTAL DEPOSITS $19,541,421.24 

(a) Total demand deposits 8,830,643.34 

(b) Total time and savings deposts 10,710,777.90 

Mortgage indebtedness ... 65,054.59 

Other liabilities 560,967.09 


TOTAL LIABILITIES . .... $ 20,167,442.92 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans .....$ 135,348.68 


TOTAL RESERVES ON LOANS AND SECURITIES ...$ 135,348.68 

CAPITAL ACCOUNTS 

Capital notes and debentures - $ 264,706.00 

Equity capital, total 1,213,466.77 

Common stock — total par value 300,000.00 

(No. shares authorized 30,000) 

(No. shares outstanding 30,000) 

Surplus - 400,000.00 

Undivided profits 513,466.77 


TOTAL CAPITAL ACCOUNTS $ 1,478,172.77 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 21,780,964.37 


— 101 — 


Certificate Issued January 21. 1963 


No. 479 


BANK OF RANGELY, RANGELY 

Rio Blanco County 


OFFICERS FOR 1970 

F. L. Seebaum, Chairman of the Board; Harold Wardell, Vice Chair- 
man of the Board; Leslie E. Kyle. President; Peter V. C. Wasson. 
Executive Vice President; Howard E. McVay, Cashier. 

DIRECTORS FOR 1970 

Leslie E. Kyle, Cecil E. Lollar, Jack Pennell. F. L. Seebaum, Harold 
WardeU, Peter V. C. Wasson. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 470,796.61 

U.S. Treasui’y securities — 656,650.77 

Obligations of States and political subdivisions 319,144.09 

Other securities (including $6,000.00 corporate stocks) 6,000.00 

Other loans 1,590,076.46 

Bank premises, furniture and fixtures, and other assets, 

representing bank premises 25,228.67 

Real estate owned other than bank premises 712.00 

Other assets .. 4,552.31 


TOTAL ASSETS $ 3,073,160.91 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 842,144.45 

Time and savings deposits of individuals, partnerships, 

and corporations 631,587.73 

Deposits of United States Government 479,453.04 

Deposits of States and political subdivisions 581,659.31 

Certified and officers’ checks, etc. 20,026.27 

TOTAL DEPOSITS $2,554,870.80 

(a) Total demand deposits 1,654,283.07 

(b) Total time and savings deposits .. 900,587.73 

Federal funds purchased and securities 

sold under agreements to repurchase 200,000.00 

Other liabilities 39,703.56 


TOTAL LIABILITIES $ 2,794,574.36 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans $ 18,553.80 


TOTAL RESERVES ON LOANS AND SECURITIES ...$ 18,553.80 

CAPITAL ACCOUNTS 

Equity capital, total 260,032.75 

Common stock — total par value 75,000.00 

(No. shares authorized 7,500) 

(No. shares outstanding 7,500) 

Surplus 165,000.00 

Undivided profits 20,032.75 


TOTAL CAPITAL ACCOUNTS $ 260,032.75 


TOTAL LIABILITIES, RESERVES, AND 
CAPITAL ACCOUNTS $ 3,073,160.91 


— 102 — 


Certificate Issued January 5, 1949 


No. 445 


THE EMPIRE STATE BANK, ROCKY FORD 

Otero County 


OFFICERS FOR 1970 

John Richert, Jr., President; Olin Richert, Vice President and 
Cashier; Robert G. Eichman, Bernadette Newcomer, Assistant 
Cashiers. 

DIRECTORS FOR 1970 

Harry E. Ascherman, Albert E. Bish, Robt. June, John Richert, Jr., 
Olin Richert. 

Dec. 31, 1970 


ASSETS 

Cash and due from banks 5 693,278.77 

U.S. Treasury securities 586,573.00 

Obligations of States and political subdivisions 673,460.00 

Other loans .. 1,023,920.24 


TOTAL ASSETS $ 2,977,232.01 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,665,616.21 

Time and savings deposits of individuals, partnerships, 

and corporations 381,332.71 

Deposits of United States Government 58,551.89 

Deposits of States and political subdivisions 377,341.13 

Deposits of commercial banks 53,864.90 

Certified and officers’ checks, etc. 4,954.17 

TOTAL DEPOSITS ... $2,541,661.01 

(a) Total demand deposits . 1,960,624.21 

(b) Total time and savings deposits .... 581,036.80 


TOTAL LIABILITIES $ 2.541,661.01 

CAPITAL ACCOUNTS 

Equity capital, total . . $ 435,571.00 

Common stock — total par value .... 100,000.00 

(No. shares authorized 1,000) 

(No. shares outstanding 1,000) 

Surplus 100,000.00 

Undivided profits 235,571.00 


TOTAL CAPITAL ACCOUNTS $ 435,571.00 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 2,977,232.01 


— 103 — 


Certificate Issued June 14, 1963 


No. 480 


BANK OF FOUNTAIN VALLEY, SECURITY 

El Paso County 


OFFICERS FOR 1970 

Don E. Hammer, President: J. R. Jahrig, Vice President; Jay 
O’Keefe, Seci’etary; Paul M. Kahrs, Cashier. 

DIRECTORS FOR 1970 

Don E. Hammer, Eugene G. Holt, Warren J. Kincaid, William B. 
Offutt, R. Earl O’Keefe, Carl H. Wiese. 


Dec. 31, 1970 


ASSETS 

Cash and due from banks $ 410,807.11 

U.S. Treasury securities 1,238,528.77 

Securities of other U.S. Government agencies 

and corporations . . 333,492.90 

Obligations of States and political subdivisions - 1,146,710.12 

Federal funds sold and securities purchased under 

agreements to resell . . . 150,000.00 

Other loans 1,809,220.01 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 105,075.62 

Other assets .. 63,947.92 


TOTAL ASSETS $ 5,257,782.45 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,933,477.15 

Time and savings deposits of individuals, partnerships, 

and corporations 1,996,908.70 

Deposits of United States Government 289,479.73 

Deposits of States and political subdivisions 203,077.20 

Certified and officers’ checks, etc. 125,335.30 

TOTAL DEPOSITS . . $4,548,278.08 

(a) Total demand deposits 2,400,346.88 

(b) Total time and savings deposits 2,147,931.20 

Other liabilities 200,249.61 


TOTAL LIABILITIES $ 4,748,527.69 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans $ 32,184.58 


TOTAL RESERVES ON LOANS AND SECURITIES.-.$ 32,184.58 
CAPITAL ACCOUNTS 

Equity capital, total $ 477,070.18 

Common stock — total par value 150,000.00 

(No. shares authorized 1,500) 

(No. shares outstanding 1,500) 

Surplus 150,000.00 

Undivided profits 177,070.18 


TOTAL CAPITAL ACCOUNTS $ 477,070.18 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 5,257,782.45 


— 104 — 


Certificate Issued May 2, 1918 


No. 34G 


COMMERCIAL SAVINGS BANK OF STERLING 
STERLING 

Logan County 


OFFICERS FOR 1970 

OFFICERS FOR 1970 

Jon P. Coates, President; Dean H. Tanner, Vernon H. Carter, Vice Presidents: 
Wayne J. Pimple, Assistant Vice President; Carl R. Waltz, Cashier; Audrey 
Richards, Assistant Cashier. 


DIRECTORS FOR 1970 

Galen Bamford, Jon P. Coates, Richard W. Dowis, Gerson Epstein, Alex Fiebig, 
Bill Gossett, Charles W. Kreager, Robert C. McAtee, Thomas A. Paison, Ray- 
mon J. Pj'le, William C. Ramey, Dean H. Tanner. 


ASSETS 
Cash and due 
U.S. Treasury 


from banks 
securities — 


Dec. 

,.$ 2 , 

1 , 


Securities of other U.S. Government agencies 

and corporations 

Obligations of States and political subdivisions 

Other securities (including $23,100.00 corporate stocks) 

Other loans . .. ... 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 

Customer’s liability to this bank on 

acceptances outstanding 

Other assets 

TOTAL ASSETS . 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations 

Time and savings deposits of individuals, partnerships 

and corporations . .. . . . .. 

Deposits of United States Government 

Deposits of States and political subdivisions 

Deposits of commercial banks 

Certified and officers’ checks, etc. 

TOTAL DEPOSITS $13,014,549.57 

(a) Total demand deposits 5,572,909.64 

(b) Total time and savings deposits .. . 7,441,639.93 
Mortgage indebtedness 


31, 1970 
009,620.09 
998,950.66 

270,000.00 

,147,042.32 

23,100.00 

1,308,578.80 

459,745.76 

10,000.00 

31,057.43 


Acceptances executed by or for account 

of this bank and outstanding 

Other liabilities 


TOTAL LIABILITIES 

RESERVES ON LOANS AND SECURITIES 

Reserve for bad debts losses on loans 

TOTAL RESERVES ON LOANS AND SECURITIES. 
CAPITAL ACCOUNTS 

Equity capital, total _ . 

Common stock — total par value 

(No. shares authorized 45,000) 

(No. shares outstanding 45,000) 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS 


..$ 15,258,095.06 

-$ 

4,911,518.60 

J 

6,523,139.93 

128,050.99 

1,360,616.91 

■■ 

4,091.78 

87,131.36 


915,987.68 


10,000.00 

91,649.79 

..$ 14,032,187.04 

$ 

125,673.69 

-$ 

125,673.69 


1,100,234.33 


450,000.00 

... 

450,000.00 

200,234.33 


1,100,234.33 


..$ 15,258,095.06 


105 — 


Certificate Issued February 14, 1925 


No. 417 


THE SECURITY STATE BANK OF STERLING 
STERLING 

Logan County 


OFFICERS FOR 1970 

Theodore D. Brown, Chairman of the Board; R. E. O’Connell, President; Dan 
A. Sankey, Haydn D. Jones, J. T. Haddan, Vice Presidents; Louis Girardi, 
Vice President, Cashier and Secretary; R. L. Parsons, Vice President and 
Auditor; L. Dean Hiler, W. T. Thoren, Russell Y. Weber, Robert A. Hessler, 
Assistant Vice Presidents; James A. Miller, Assistant Cashier; Doris O’Neal, 
Assistant Trust Officer. 


DIRECTORS FOR 1970 

Kenneth E. Anderson, Theodore D. Brown, Gordon T. Ferguson, Ervin S. 
French, R. E. O’Connell, Dan A, Sankey, E, S. Van Berg, Herbert H. Vandemoer, 


Dec. 31, 1970 

ASSETS 

Cash and due from banks .. $ 4,051,780.97 

U.S. Treasury securities 2,584,542.44 

Securities of other U.S. Government agencies 

and coi'porations 500,023.43 

Obligations of States and political subdivisions 2,489,209.54 

Other securities (including $36,000 corporate stocks).— 36,000.00 

Other loans - - . 16,468,547.10 

Bank premises, furniture and fixtures, and other assets, 

representing bank premises 379,678.18 

Other assets 488,699.12 


TOTAL ASSETS $ 26,998,480.78 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 9,414,934.22 

Time and savings deposits of individuals, partnerships, 

and corporations 11,832,255.86 

Deposits of United States Government 374,920.63 

Deposits of States and political subdivisions 1,902,390.29 

Deposits of commercial banks 58,660.74 

Certified and officers’ checks, etc. 424,915.48 

TOTAL DEPOSITS $ 24,008,077.22 

(a) Total demand deposits 10,907,702.20 

(b) Total time and savings deposits ... 13,100,375.02 

Mortgage indebtedness 209,004.91 

Other liabilities 520,313.83 


TOTAL LIABILITIES $ 24,737,395.96 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans $ 283,326.64 


TOTAL RESERVES ON LOANS AND SECURITIES $ 283,326.64 

CAPITAL ACCOUNTS 

Equity capital, total $ 1,977,758.18 

Common stock — total par value 500,000.00 

(No. shares authorized 5,000) 

(No. shares outstanding 5,000) 

Surplus 700,000.00 

Undivided profits 777,758.18 


TOTAL CAPITAL ACCOUNTS $ 1,977,758.18 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 26,998,480.78 


— 106 


Certificate Issued June 27, 1969 


No. 495 


THE BANK OF TELLURIDE, TELLURIDE 

San Miguel County 


OFFICERS FOR 1970 

Donald K. Majors, President; Merton R. Taylor, Vice President; 
Harlan K. Peltier, Executive Vice President and Cashier. 

DIRECTORS FOR 1970 

J. C. Kinkade, Donald K. Majors, E. G. Merritt, M.D., Wm. K. 
Nielson, Merton R. Taylor. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 197,488.56 

U.S. Treasury securities 350,261.63 

Securities of other U.S. Government agencies 

and corporations 136,944.02 

Obligations of States and political subdivisions 13,186.80 

Other loans .. 796,763.45 

Bank premises, furniture and fixtures, and other assets, 

representing bank premises — . - . 57,324.69 

Other assets 610.36 


TOTAL ASSETS 1,552,579.51 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 365,119.40 

Time and savings deposits of individuals, partnerships, 

and corporations 515,764.58 

Deposits of United States Government 6,715.54 

Deposits of States and political subdivisions 419,568.60 

Certified and officers’ checks, etc. . - 8,275.65 

TOTAL DEPOSITS $1,315,443.77 

(a) Total demand deposits . 533,959.99 

(b) Total time and savings deposits 781,483.78 

Other liabilities 40,078.63 


TOTAL LIABILITIES $ 1,355,522.40 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans $ 557.27 


TOTAL RESERVES ON LOANS AND SECURITIES.„.$ 557.27 

CAPITAL ACCOUNTS 

Equity capital, total $ 196,499.84 

Common stock — total par value 75,000.00 

(No. shares authorized 7,500) 

(No. shares outstanding 7,500) 

Surplus 75,000.00 

Undivided profits 46,499.84 


TOTAL CAPITAL ACCOUNTS $ 196,499.84 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 1,552,579.51 


— 107 


Certificate Issued Februarj^ 7, 1963 


No. 478 


NORTH VALLEY STATE BANK, THORNTON 

Adams County 


OFFICERS FOR 1970 

Dean T. Dearinger, President; Daniel B. Stukey, Paul R. Mullen, 
John W. Burnham, Vice Presidents; William H. Nofsinger, Cashier; 
N. J. Neuhalfen, Assistant Vice President; Erna E. NUges, Sandra 
A. Blackmore, Assistant Cashiers. 

DIRECTORS FOR 1970 

Kaj' Allen, Willard F. Bonebrake, Dean T. Dearinger, James W. 
Langlej% M.D., Craig P. Minear, Daniel B. Stukey, Eddy Webb, 
Irving Wolinsky, DDS. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks .. $ 1,462,273.31 

U.S. Treasury secui’ities . . 2,221,555.72 

Obligations of States and political subdivisions 1,155,108.05 

Federal funds sold and securities purchased under 

agreements to resell 1,000,000.00 

Other loans - 3,191,633.07 

Bank premises, furniture and fixtures, and other assets, 

representing bank premises 204,401.88 

Other assets . — 6,696.43 


TOTAL ASSETS - $ 9,241,668.46 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations .$ 3,407,892.52 

Time and savings deposits of individuals, partnerships, 

and corporations - 2,128,925.57 

Deposits of United States Government 697,571.17 

Deposits of States and political subdivisions 1,963,131.41 

Deposits of commercial banks 65,000.00 

Certified and officers’ checks, etc. 96,627.75 

TOTAL DEPOSITS $8,359,148.42 

(a) Total demand deposits 5,876,622.85 

(b) Total time and savings deposits .. 2,482,525.57 

Mortgage indebtedness — 78,822.58 

Other liabilities 139,918.63 


TOTAL LIABILITIES $ 8,577,889.63 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debts losses on loans $ 12,350.88 


TOTAL RESERVES ON LOANS AND SECURITIES $ 12,350.88 

CAPITAL ACCOUNTS 

Equity capital, total . $ 651,427.95 

Common stock— total par value 250,000.00 

(No. shares authorized 25,000) 

(No. shares outstanding 25,000) 

Surplus 220,000.00 

Undivided profits 181,427.95 


TOTAL CAPITAL ACCOUNTS $ 651,427.95 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 9,241,668.46 


— 108 


Certificate Issued November 24, 1967 


No. 490 


THE BANK OF VAIL, VAIL 

Eagle County 


OFFICERS FOR 1970 

Roger L. Reisher, President; J. Robert Young, Executive Vice Presi- 
dent; Michael S. Loken, Melvin J. Sorensen, Vice Presidents; Thomas 
Charnecki, Cashier; R. Kent Landmark, Larry Hauserman, Jack D. 
Nunn, Blaine Alley, Paul W. Ogle, Steve Forte, William Iwata, 
Assistant Cashiers. 


DIRECTORS FOR 1970 

Robert S. Appel, William P. Johnson, Roger L. Reisher, Ira C. 
Rothgerber, Jr., Irene G. Rothgerber, Dewitt G. Venable, Everett 
Williams, George Williams. 


Dec. 31, 1970 

ASSETS 

Cash and due from banks $ 765,332.76 

U.S. Treasury securities 770,524.18 

Securities of other U.S. Government agencies 

and corporations 552,119.98 

Obligations of States and political subdivisions 709,108.63 

Other loans 1,568,321.77 

Bank premises, furniture and fixtures, and other assets, 

representing bank premises 33,536.00 

Other assets — 48,029.47 


TOTAL ASSETS $ 4,446,972.79 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 2,108,926.82 

Time and savings deposits of individuals, partnerships, 

and corporations 983,781.21 

Deposits of United States Government 91,320.96 

Deposits of States and political subdivisions 775,318.13 

Certified and officers’ checks, etc. 146,184.63 

TOTAL DEPOSITS .$4,105,531.75 

(a) Total demand deposits 2,527,278.37 

(b) Total time and savings deposits 1,578,253.38 

Other liabilities 73,654.35 


TOTAL LIABILITIES $ 4,179,186.10 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 18,604.53 


TOTAL RESERVES ON LOANS AND SECURITIES $ 18,604.53 

CAPITAL ACCOUNTS 

Equity capital, total $ 249,182.16 

Common stock — total par value 100,000.00 

(No. shares authorized 40,000) 

(No. shares outstanding 40,000) 

Surplus 70,000.00 

Undivided profits 79,182.16 


TOTAL CAPITAL ACCOUNTS $ 249,182.16 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 4,446,972.79 


— 109 — 


Certificate Issued Febi'uary 7, 1955 


No. 459 


NORTH PARK STATE BANK, WALDEN 

Jackson County 


OFFICERS FOR 1970 

Chris Furneaux, President; Dewey A. Peck, Vice President and 
Cashier; Arlene M. Gray, Dixie M. Norris, Assistant Cashiers. 

DIRECTORS FOR 1970 

Chris Furneaux, Ruth T. Furneaux, Carl Langendorf, Dewey A. 
Peck, David E. Wattenberg. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 291,551.87 

U.S. Treasury securities 523,558.40 

Obligations of States and political subdivisions 14,609.09 

Federal funds sold and securities purchased under 

agreements to resell _ . 100,000.00 

Other loans ... - . 1,732,507.27 

Bank premises, furniture and fixtures, and other assets, 

representing bank premises . 16,446.88 

Real estate owned other than bank premises . 5,517.28 


TOTAL ASSETS $ 2,684,190.79 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations — $ 984,968.68 

Time and savings deposits of individuals, partnerships, 

and corporations . 943,937.09 

Deposits of United States Government 21,992.35 

Deposits of States and political subdivisions 454,780.62 

Certified and officers’ checks, etc. 14,812.53 

TOTAL DEPOSITS $2,420,491.27 

(a) Total demand deposits 1,259,610.34 

(b) Total time and savings deposits 1,160,880.93 

Other liabilities 51,687.36 


TOTAL LIABILITIES $ 2,472,178.63 


RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans .. . $ 10,789.77 


TOTAL RESERVES ON LOANS AND SECURITIES $ 10,789.77 

CAPITAL ACCOUNTS 

Capital notes and debentures $ 25,000.00 

Equity capital, total . — 176,222.39 

Cornmon stock — total par value 50,000.00 

(No. shares authorized 5,000) 

(No. shares outstanding 5,000) 

Surplus 100,000.00 

Undivided profits — 26,222.39 


TOTAL CAPITAL ACCOUNTS $ 201,222.39 


TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 2,684,190.79 


Certificate Issued July 31, 1916 


No. 313 


THE COLORADO STATE BANK OF WALSH, WALSH 

Baca County 


OFFICERS FOR 1970 

Bowers Holt, President; J. K. McKinnis, Richard H. Patterson, Vice 
Presidents; Ray Ingle, Cashier; Mrs. Gayle Cook, Assistant Cashier. 

DIRECTORS FOR 1970 
Bowers Holt, Martha Holt, J. K. McKinnis. 


acctttc; npp '^1 1970 

Cash and due from banks $ 832,045.25 

U.S. Treasury securities — 482,032.74 

Obligations of States and political subdivisions 715,697.38 

Other loans 2,463,185.85 

Real estate owned other than bank premises 155,355.82 


TOTAL ASSETS $ 4,648,317.04 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations . $ 2,314,710.58 

Time and savings deposits of individuals, partnerships, 

and corporations . . 971,632.46 

Deposits of United States Government . 16,478.40 

Deposits of States and political subdivisions 210,260.37 

Deposits of commercial banks 23,116.54 

Certified and officers’ checks, etc. 15,681.52 

TOTAL DEPOSITS - $3,551,879.87 

(a) Total demand deposits 2,405,683.87 

(b) Total time and savings deposits .. 1,146,196.00 

TOTAL LIABILITIES -$ 3,551,879.87 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans — _$ 140,324.23 


TOTAL RESERVES ON LOANS AND SECURITIES $ 140,324.23 

CAPITAL ACCOUNTS 

Equity capital, total $ 956,112.94 

Common stock — total par value 100,000.00 

(No. shares authorized 1,000) 

Wo. shares outstanding 1,000) 

Surplus 400,000.00 

Undivided profits - 456,112.94 


TOTAL CAPITAL ACCOUNTS 956,112.94 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS $ 4,648,317.04 


Certificate Issued Februarj^ 4, 1970 


No. 498 


CITIZENS BANK, WESTMINSTER 

Adams County 


OFFICERS FOR 1970 

Donald K. Hogoboom, President; Kenneth A. Platt, Vice President; 
Thomas M. Jones, Cashier. 

DIRECTORS FOR 1970 

Clarence L. Bartholic, Donald K. Hogoboom, Kenneth A. Platt, Jerry 
J. Tepper, Berger G. Wallin. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 313,636.28 

U.S. Treasury securities 325,979.80 

Securities of other U.S. Government agencies 

and corporations . . . 510,375.00 

Other securities (including $10,500.00 corporate stocks) 10,500.00 

Federal funds sold and securities purchased under 

agreements to resell 200,000.00 

Other loans 1,332,976.54 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 30,935.69 

Other assets 2,950.47 


TOTAL ASSETS $ 2,727,353.78 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 700,365.19 

Time and savings deposits of individuals, partnerships, 

and corporations 738,704.44 

Deposits of United States Government . 28,345.26 

Deposits of States and political subdivisions 706,547.37 

Certified and officers’ checks, etc. — . 90,349.60 

TOTAL DEPOSITS $2,264,311.86 

(a) Total demand deposits 1,010,607.42 

(b) Total time and savings deposits 1,253,704.44 

Other liabilities — 36,000.52 


TOTAL LIABILITIES $ 2,300,312.38 

CAPITAL ACCOUNTS 

Equity capital, total S 427,041.40 

Common stock — total par value 200,000.00 

(No. shares authorized 20,000) 

(No. shares outstanding 20,000) 

Surplus 150,000.00 

Undivided profits - - 77,041.40 


TOTAL CAPITAL ACCOUNTS $ 427,041.40 


TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS 


$ 2,727,353.78 


Certificate Issued April 4, 1908 


No. 123 


THE STATE BANK OF WILEY, WILEY 

Prowers County 


OFFICERS FOR 1970 

Arthur F. Esgar, President; Frederick A. Esgar, Vice President; 
Harold V. Smith, Cashier. 

DIRECTORS FOR 1970 

Arthur F. Esgar, Leslie R. Evans, Henry Rudolph, Robert R. Tempel, 
Reinhart WoUert, Sr. 


ASSETS 

Cash and due from banks $ 

U.S. Treasury securities 

Obligations of States and political subdivisions 

Federal funds sold and securities purchased under 

agreements to resell . 

Other loans 

Bank premises, furniture and fixtures, and other assets 
representing bank premises . . 


Dec. 31, 1970 

557.416.72 
583,012.00 

465.624.72 

200,000.00 

1,854,043.99 

14,613.80 


TOTAL ASSETS $ 3,674,711.23 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 1,284,275.37 

Time and savings deposits of individuals, partnerships, 

and corporations 1,580,638.11 

Deposits of United States Government 41,114.86 

Deposits of States and political subdivisions 312,958.60 

Certified and officers’ checks, etc 41,422.16 

TOTAL DEPOSITS $3,260,409.10 

(a) Total demand deposits ... 1,537,190.99 

(b) Total time and savings deposits .... 1,723,218.11 

Other liabilities . . 18,378.41 


TOTAL LIABILITIES . ... $ 3,278,787.51 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 33,135.76 


TOTAL RESERVES ON LOANS AND SECURITIES.... $ 33,135.76 

CAPITAL ACCOUNTS 

Equity capital, total $ 362,787.96 

Common stock — total par value 50,000.00 

(No. shares authorized 500) 

(No. shares outstanding 500) 

Surplus ... 300,000.00 

Undivided profits 12,’78’7.96 


TOTAL CAPITAL ACCOUNTS $ 362,787.96 

TOTAL LIABILITIES, RESERVES, AND 

CAPITAL ACCOUNTS ..$ 3,674,711.23 


— 113 — 


Certificate Issued November 4, 1964 


No. 484 


PARK STATE BANK, WOODLAND PARK 

Teller County 


OFFICERS FOR 1970 

Gordon D. Brown, President; Conrad T. Wilson, Vice President; 
Youi'ee Posey, Cashier; Marilyn Cummins, Assistant Cashier. 

DIRECTORS FOR 1970 

Gordon D. Brown, C. J. Kehoe, Clark Keith, .Jr., Youree Posey, 
Clyde Sirles, Conrad T. Wilson. 


ASSETS Dec. 31, 1970 

Cash and due from banks $ 161,665.56 

U.S. Treasuiy secm'ities . 618,844.01 

Securities of other U.S. Government agencies 

and corporations . 198,013.03 

Other loans . , . 1,588,546.63 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 53,594.32 

Real estate owned other than bank premises 14,713,61 

Other assets . - . .. 70.25 


TOTAL ASSETS $ 2,635,447.41 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations S 1,011,205.65 

Time and savings deposits of individuals, partnerships, 

and corporations 789,368.43 

Deposits of United States Government 22,599.60 

Deposits of States and political subdivisions 378,441.67 

Certified and officers’ checks, etc. . . 32,495.00 

TOTAL DEPOSITS $2,234,110.35 

(a) Total demand deposits 1,176,124.37 

(b) Total time and savings deposits ... 1,057,985.98 
Federal funds purchased and securities 

sold under agreements to repurchase 150,000.00 

Other liabilities 42,464.12 


TOTAL LIABILITIES . $ 2,426,574.47 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans . .. $ 453.67 


TOTAL RESERVES ON LOANS AND SECURITIES-... $ 453.67 

CAPITAL ACCOUNTS 

Equity capital, total — . $ 208,419.27 

Common stock — total par value 100,000.00 

(No. shares authorized 5000) 

(No. shares outstanding 5000) 

Surplus .... 35,000.00 

Undivided profits . 72,906.85 

Reserve for contingencies and other capital reserves 512.42 


TOTAL CAPITAL ACCOUNTS S 208,419.27 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS 


$ 2,635,447.41 


Certificate Issued August 12, 1911 


No. 224 


FARMERS STATE BANK OF YUMA, YUMA 

Yuma County 


OFFICERS FOR 1970 

R. E. O’Connell, President; D. O. Swedlund, Executive Vice Presi- 
dent; James A. Spiers, Vice President; Donald R. Starnes, Vice 
President and Cashier; Joan Kuntz, Assistant Cashier. 

DIRECTORS FOR 1970 

Theodore D. Brown, Lyle Chandler, L. E. Fitzgerald, Robert E. 
O’Connell, James A. Spiers, Donald R. Starnes, Delbert O. Swedlund. 


ASSETS Dec. 31, 1970 

Cash and due from banks 

(including $6,647.98 unposted debits) $ 1,440,497.17 

U.S. Treasury securities 1,044,264.40 

Obligations of States and political subdivisions 511,506.52 

Other securities (including $12,000.00 corporate stocks) 12,000.00 

Other loans 4,704,217.22 

Bank premises, furniture and fixtures, and other assets 

representing bank premises 217,231.55 

Other assets . . . 881.51 


TOTAL ASSETS . $ 7,930,598.37 

LIABILITIES 

Demand deposits of individuals, partnerships, 

and corporations $ 3,798,802.14 

Time and savings deposits of individuals, partnerships, 

and corporations 2,762,052.87 

Deposits of United States Government 60,119.76 

Deposits of States and political subdivisions 501,336.41 

Certified and officers’ checks, etc. 72,222.33 

TOTAL DEPOSITS $7,194,533.51 

(a) Total demand deposits .... 3,991,212.39 

(b) Total time and savings deposits 3,203,321.12 

Other liabilities 120,860.67 


TOTAL LIABILITIES $ 7,315,394.18 

RESERVES ON LOANS AND SECURITIES 
Reserve for bad debt losses on loans $ 128,255.57 


TOTAL RESERVES ON LOANS AND SECURITIES ... $ 128,255.57 

CAPITAL ACCOUNTS 

Equity capital, total $ 486,848.62 

Common stock- — -total par value 200,000.00 

(No. shares authorized 2,000) 

(No. shares outstanding 2,000) 

Surplus 200,000.00 

Undivided profits 86,848.62 


TOTAL CAPITAL ACCOUNTS 486,848.62 

TOTAL LIABILITIES, RESERVES, AND 


CAPITAL ACCOUNTS $ 7,930,598.37 


— 115 — 


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INDUSTRIAL 

BANKS 


ALPHABETICAL INDEX 


Location No. 


Arvada AQ 

Aspen BD 

Aurora AO 

Aurora AZ 


Blende AS 

Boulder BB 

Boulder AE 

Brush JY 


Colorado Springs. .AW 

Colorado Springs . QY 

Colorado Springs ..TY 
Colorado Springs ..AV 

Colorado Springs ..AN 

Commerce City .. .AT 


Cortez LY 

Craig ZZ 


Denver RX 

Denver OY 

Denver ZY 

Denver P 

Denver IX 

Denver PY 

Denver CY 

Denver AK 

Denver EY 

Denver AI 

Denver JX 

Denver MY 

Denver UY 

Denver VY 

Denver XY 

Denver ZX 

Denver D 

Denver AM 


Englewood TJX 

Englewood AX 


Fort Collins KY 

Fort Collins BE 


Name of Bank Page No. 


A 

Arvada First Industrial Bank 121 

Aspen Industrial Bank 122 

Aurora Industrial Bank .. 123 

East Continental Industrial Bank 124 

B 

Valley Industrial Bank 125 

Boulder Colorado Industrial Bank 126 

Globe Industrial Bank 127 

Brush Industrial Bank 128 

C 

Colorado Industrial Bank 

of Colorado Springs 129 

First Industrial Bank 

of Colorado Springs 130 

Rocky Mountain Industrial Bank 131 

Thrift Industrial Bank 

of Colorado Springs 132 

West Industrial Bank 

of Colorado Springs 133 

First Industrial Bank of Adams County 134 

Basin Industrial Bank 135 

Craig Industrial Bank 136 

D 

Avco Industrial Bank 137 

Capitol Industrial Bank 138 

Centennial Industrial Bank 139 

Colorado Industrial Bank 140 

Commercial Credit Plan 

Industrial Bank 141 

Commercial Industrial Bank 142 

Continental Industrial Bank 143 

East Colorado Industrial Bank 144 

Family Industrial Bank 145 

First Continental Industrial Bank 146 

The Labor Finance Industrial Bank 147 

Leeman Industrial Bank 148 

Merchants Industrial Bank 149 

Metropolitan Industrial Bank 150 

Park Industrial Bank 151 

Security Industrial Bank 152 

Thrift Industrial Bank 153 

Western Industrial Bank 

of University Hills 154 

E 

Englewood Colorado Industrial Bank .... 155 
South Continental Industrial Bank 156 

F 

Fort Collins Colorado Industrial Bank.... 157 
Fort Collins First Industrial Bank 158 


— 118 


G 


Glenwood Springs. .lY 

Glenwood Industrial Bank 

159 

Grand Junction . 

...PX 

Commercial Credit Plan Industrial 
Bank of Grand Junction 

160 

Grand Junction . 

...GY 

Grand Junction Colorado 

Industrial Bank 

161 

Grand Junction . 

...AA 

Home Loan Industrial Bank 

162 

Greeley 

...AL 

Greeley Industrial Bank 

163 

Lakewood 

...AY 

L 

Beneficial Industrial Bank 

164 

Lakewood 

...AY 

Government Employees Industrial 
Bank 

165 

Lakewood 

....AC 

Industrial Bank West America 

166 

Littleton 

....AJ 

Littleton First Industrial Bank 

167 

Longmont 

....NY 

Longmont Industrial Bank 

168 

Loveland 

...AD 

Guaranty Industrial Bank 

169 

Pueblo 

...BY 

P 

Beneficial Industrial Bank of Pueblo .... 

170 

Pueblo 

...OX 

Commercial Credit Plan Industrial 
Bank of Pueblo 

171 

Pueblo 

...WY 

First Industrial of Pueblo 

172 

Pueblo 

...AH 

Thrift Industrial Bank of Pueblo 

173 

Rocky Ford 

...AR 

R> 

First Industrial Bank of Rocky Ford .... 

174 

Silverton 

...BA 

S 

Silverton Industrial Bank 

175 

Sterling 

....FY 

Sterling Industrial Bank 

176 

Thornton 

....AF 

T 

Anchor Industrial Bank 

177 

Thornton 

....BC 

Credithrift Industrial Bank 

178 

Trinidad 

...AB 

Trinidad Industrial Bank 

179 

Westminster 

...AY 

W 

North Continental Industrial Bank 

180 

Westminster 

...AG 

Westminster Colorado Industrial Bank 

181 

Wheat Ridge 

....AP 

Credithrift of America Industrial 
Bank 

182 


COMPARATIVE ABSTRACT 

Showing Condition of Industrial Banks in the State of Colorado 
At the Close of Business on Dates Indicated 
As Compiled by Office of the State Bank Commissioner 


ASSETS 

Cash and Due from Banks „ 

Installment Loans 

Notes Discounted and/or Pui'chased 

United States Government Obligations 

Other Bonds 

Corporate Stocks 

Bank Premises 

Furniture and Fixtures . 

Leasehold Improvements . 

Real Estate Owned Other Than Bank Premises 

Automobiles Owned 

Other Assets 


62 Banks 

December 31, % to 

1970 Total 

$ 3,827,335.89 3.5 

88,432,529.12 80.8 

7,948,205.51 7.3 

2,346,301.62 2.1 

1,171,189.68 1.1 

2,468,915.87 2.3 

481,712.92 .4 

275,059.48 .3 

189,907.23 .2 

1,229,361.78 1.1 

97,064.20 .1 

921,551.83 .8 


TOTAL ASSETS $109,389,135.13 100.0 

LIABILITIES 

Notes Payable to Banks $ 3,455,049.59 3.2 

Notes Payable to Others 24,642,871.13 22.5 

Savings Deposits _ 16,159,996.77 14.7 

Thrift-Investment Certificates 19,219,702.36 17.5 

Mortgages on Real Estate Owned 273,871.89 .3 

Unearned Interest and Discounts 17,536,028.91 16.0 

Dealers’ Reserves 348,856.57 .3 

Interest, Taxes, and Other Expenses 2,223,168.11 2.1 

Other Liabilities 2,451,329.41 2.3 


TOTAL LIABILITIES $86,310,874.74 78.9 

CAPITAL ACCOUNTS 

Common Stock $ 8,888,324.00 8.1 

Surplus 4,435,859.37 4.1 

Undivided Profits 9,669,101.41 8.8 

Reserves .... 84,975.61 .1 


TOTAL CAPITAL ACCOUNTS _$ 23,078,260.39 21.1 

TOTAL LIABILITIES AND 

CAPITAL ACCOUNTS $109,389,135.13 100.0 


Percentage of Total Capital to Total Deposit ..... 65.0 

Percentage of Total Capital to Total Assets 21.0 

Increase in Total Assets since 

December 31, 1969 25,202,341.73 

Increase in Savings Deposit since 

December 31, 1969 998,507.11 

Increase in Thrift-Investment Certificates 

since December 31, 1969 3,382,821.13 

Increase in Capital since December 31, 1968 .... 2,212,552.89 


— 120 


Organized 1964 


No. AQ 


ARVADA 1ST INDUSTRIAL BANK, ARVADA 

Jefferson County 


OFFICERS FOR 1970 

Roy W. Simmons, Chairman of the Board; Richard A. Van Winkle, 
President; Dale Baan, Vice President and Secretary; Edward L. 
Burton III, Treasurer; M. McKenzie, Assistant Secretary. 

DIRECTORS FOR 1970 

Dale Baan, Roy W. Simmons, Richard A. Van Winkle. 


ASSETS 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection 

Installment loans 

Notes discounted and/or purchased 

Furniture and Fixtures 

Leasehold Improvements 

Automobiles Owned 


Dec. 31, 1970 

$ 25,109.86 

407,251.56 
46,731.15 
4,499.22 
26,593.07 
1,006.71 


TOTAL ASSETS 


..$ 511,191.57 


LIABILITIES 

Notes payable (other) $ 253,100.00 

Savings deposits 16,594.30 

Thrift-Investment Certificates 52,126.27 

Unearned interest and discounts 86,190.39 

Dealers’ Reserves 255.18 

Amounts set aside for interest, 

taxes, and other expenses — 12,449.21 

Other Liabilities 2,812.65 


TOTAL LIABILITIES $ 398,629.58 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 10,000.00 

Undivided profits 2,561.99 


TOTAL CAPITAL ACCOUNTS $ 112,561.99 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS _.$ 511,191.57 


— 121 — 


Organized 1969 


No. BD 


ASPEN INDUSTRIAL BANK, ASPEN 

Pitkin County 


OFFICERS FOR 1970 

Stanley L. Dodson, President; Richard W. Ducic, Executive Vice 
President; John Huebinger, Jr., Vice President; Richard P. Fitz- 
gerald, Secretary; Donald L. Vanderhoof, Treasurer. 

DIRECTORS FOR 1970 

Stanley L. Dodson, Richard W. Ducic, Richard P. Fitzgerald, John 
Huebinger, Jr., Donald L. Vanderhoof. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 15,335.97 

Installment loans 169,905.45 

Notes discounted and/or purchased 6,959.83 

United States Government Obligations 10,000.00 

Bank Premises, Furniture and Fixtures 5,550.98 

Leasehold Improvements 4,051.26 

Other Assets - 6,672.30 


TOTAL ASSETS $ 218,475.79 

LIABILITIES 

Notes payable to banks $ 10,000.00 

Savings deposits 78,321.59 

Thrift-Investment Certificates 38,354.66 

Unearned interest and discounts 29,862.26 

Other Liabilities - 258.84 


TOTAL LIABILITIES $ 156,797.35 

CAPITAL ACCOUNTS 

Common stock $ 50,000.00 

Surplus 5,000.00 

Undivided profits 6,678.44 


TOTAL CAPITAL ACCOUNTS $ 61,678.44 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS .. $ 218,475.79 


— 122 — 


Organized 1964 


No. AO 


AURORA INDUSTRIAL BANK, AURORA 

Adams County 

OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming, 
Vice President; Joseph Adducci, Cashier and Assistant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and' cash items in process of collection .....$ 27,727.98 

Installment loans 2,079,297.86 

United States Government Obligations 58,249.20 

Other bonds - 32,603.33 

Corporate stocks 46,025.00 

Other Assets 19,411.75 


TOTAL ASSETS $ 2,263,315.12 

LIABILITIES 

Notes payable (other) $ 578,381.17 

Savings deposits 258,144.83 

Thrift-Investment Certificates 368,114.81 

Unearned interest and discounts 484,164.96 

Amounts set aside for interest, 

taxes, and other expenses 49,541.90 

Other Liabilities 99,588.65 


TOTAL LIABILITIES $ 1,837,936.32 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits 205,378.80 


TOTAL CAPITAL ACCOUNTS $ 425,378.80 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS . $ 2,263,315.12 


— 123 — 


Organized 1968 


No. AZ 


EAST CONTINENTAL INDUSTRIAL BANK, AURORA 

Adams County 


OFFICERS FOR 1970 

Herbert M. Crane, President; Edward H. Brooks, Vice President; 
Morris E. Kramish, Vice President and Secretary-Treasurer; Marvin 
F. Rogers, Vice President and Manager, Assistant Secretary. 

DIRECTORS FOR 1970 

Edward H. Brooks, Herbert M. Crane, Morris E. Kramish. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection _ S 12,513.72 

Installment loans .. . 1,025,671.75 

Furniture and Fixtures - 3,163.66 

Leasehold Improvements 583.00 

Other Assets 2,676.94 


TOTAL ASSETS $ 1,044,609.07 

LIABILITIES 

Notes paj'^able (other) $ 389,427.28 

Savings deposits 13,501.58 

Thrift-Investment Certificates 42,940.82 

Unearned interest and discounts 222,967.40 

Amounts set aside for interest, 

taxes, and other expenses 53,234.08 

Other Liabilities 13,065.19 


TOTAL LIABILITIES $ 735,136.35 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits 89,472.72 


TOTAL CAPITAL ACCOUNTS $ 309,472.72 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS -$ 1,044,609.07 


— 124 — 


Organized 1966 


No. AS 


VALLEY INDUSTRIAL BANK, BLENDE 

Pueblo County 


OFFICERS FOR 1970 

George W. Staples, President; Roy A. Blackwell, Jr., John A. 
Gornick, Sr., John H. Thatcher, Jr., Vice Presidents; Ronald W. 
Baker, Assistant Vice President; Edward A. Pacey, Secretary- 
Treasurer. 

DIRECTORS FOR 1970 

Robin Bailey, John A. Gornick, Sr., George W. Staples, John H. 
Thatcher, Jr. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection .$ 72,887.88 

Installment loans . 691,940.28 

Notes discounted and/or purchased 363,275.68 

United States Government Obligations . 83,425.55 

Furniture and Fixtures 4,126.71 

Leasehold Improvements - 1,461.01 

Automobiles Owned . 1,351.88 

Other Assets . . 10,471.28 


TOTAL ASSETS $ 1,228,940.27 

LIABILITIES 

Notes payable to banks $ 124,021.21 

Notes payable (othei’) 82,230.87 

Savings deposits . . 194,272.48 

Thrift-Investment Certificates - 333,878.08 

Unearned interest and discounts 167,660.61 

Dealers’ Reserves 5,204.40 

Amounts set aside for interest, 

taxes, and other expenses — - 32,838.16 

Other Liabilities 1,297.36 


TOTAL LIABILITIES . ..$ 941,403.17 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus - 20,000.00 

Undivided profits 67,537.10 


TOTAL CAPITAL ACCOUNTS $ 287,537.10 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,228,940.27 


— 125 — 


Organized 1968 


No. BB 


BOULDER COLORADO INDUSTRIAL BANK, BOULDER 

Boulder County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice Px’esident; T. M. Cumming, 
Eugene T. Davis, Vice Presidents; Joseph Adducci, Cashier and 
Assistant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection . $ 17,205.34 

Installment loans 1,232,902.27 

Notes discounted and/or purchased 308,286.60 

United States Government Obligations 19,190.80 

Other Assets 16,189.90 


TOTAL ASSETS $ 1,593,774.91 

LIABILITIES 

Notes payable (other) $ 702,410.62 

Savings deposits 116,813.15 

Thrift-Investment Certificates 114,505.00 

Unearned interest and discounts 338,142.75 

Dealers’ Reserves 3,183.36 

Amounts set aside for interest, 

taxes, and other expenses 29,004.94 

Other Liabilities 52,086.23 


TOTAL LIABILITIES $ 1,356,146.05 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits 17,628.86 


TOTAL CAPITAL ACCOUNTS $ 237,628.86 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,593,774.91 


— 126 — 


Organized 1963 


No. AE 


GLOBE INDUSTRIAL BANK, BOULDER 

Boulder County 

OFFICERS FOR 1970 

Arthur L. Bronstein, President; Faye B. Raymon, Vice President; 
Sidney L. Bronstein, Secretary; Arthur L. Bronstein, Treasurer; 
Francis M. Goldsberry, Cashier-Assistant Secretary. 

DIRECTORS FOR 1970 

Arthur L. Bronstein, Sidney L. Bronstein, Faye B. Raymon. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection .$ 91,826.40 

Installment loans- . _ _ 1,036,196.13 

Notes discounted and/or purchased . .. 207,446.77 

United States Government Obligations . 58,147.20 

Other bonds 5,000.00 

Furniture and Fixtures 6,520.91 

Leasehold Improvements 2,876.78 

Real estate owned other than bank premises 54,417.31 

Automobiles Owned 2,784.57 

Other Assets 2,541.61 


TOTAL ASSETS $ 1,467,757.68 

LIABILITIES 

Notes payable to banks . $ 185,000.00 

Notes payable (other) 203,839.52 

Savings deposits .. 306,814.38 

Thrift-Investment Certificates 257,246.12 

Mortgages on real estate owned 37,930.38 

Unearned interest and discounts - 226,018.52 

Amounts set aside for interest, 

taxes, and other expenses 21,141.87 

Other Liabilities 6,575.41 


TOTAL LIABILITIES $ 1,244,566.20 

CAPITAL ACCOUNTS 

Common stock 100,000.00 

Surplus 10,000.00 

Undivided profits 113,191.48 


TOTAL CAPITAL ACCOUNTS $ 223,191.48 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,467,757.68 


— 127 — 


Organized 1956 


No. JY 


BRUSH INDUSTRIAL BANK, BRUSH 

Morgan County 


OFFICERS FOR 1970 

R. H. Stenback, President; James L. Latham, Executive Vice Presi- 
dent; Ella M. Stenback, Vice President; R. R. Stenback, Treasurer; 
Gladys M. Hanson, Secretary; Ila J. Davis, Assistant Secretary. 

DIRECTORS FOR 1970 

Gladys M. Hanson, James L. Latham, Ella M. Stenback, R. H. Sten- 
back, R. R. Stenback. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection .$ 22,155.90 

Installment loans 542,826.97 

Other bonds 187,209.73 

Bank Premises, Furniture and Fixtures 20,054.00 

Automobiles Owned 1,895.73 

Other Assets 28,062.06 


TOTAL ASSETS $ 802,204.39 

LIABILITIES 

Notes payable to banks 30,000.00 

Notes payable (other) 5,500.00 

Savings deposits 229,130.05 

Thrift-Investment Certificates 377,100.00 

Unearned interest and discounts 22,799.55 

Dealers’ Reserves 14.33 


TOTAL LIABILITIES $ 664,543.93 

CAPITAL ACCOUNTS 

Common stock $ 50,000.00 

Surplus 50,000.00 

Undivided profits 37,660.46 


TOTAL CAPITAL ACCOUNTS $ 137,660.46 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS _.$ 802,204.39 


— 128 — 


Organized 1968 


No. AW 


COLORADO INDUSTRIAL BANK OF 
COLORADO SPRINGS, COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming, 
Vice President; Joseph Adducci, Cashier and Assistant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 38,070.24 

Installment loans 1,435,671.74 

Notes discounted and/or purchased - 33,939.27 

United States Government Obligations — _ 67,944.40 

Other Assets 15,832.28 


TOTAL ASSETS .. $ 1,591,457.93 

LIABILITIES 

Notes payable (other) $ 206,238.45 

Savings deposits . 159,195.47 

Thrift-Investment Certificates 452,811.28 

Unearned interest and discounts - 345.382.01 

Dealers’ Reserves 1,890.00 

Amounts set aside for interest, 

taxes, and other expenses 57,446.86 

Other Liabilities 73,598.95 


TOTAL LIABILITIES $ 1,296,563.02 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits — 74,894.91 


TOTAL CAPITAL ACCOUNTS $ 294,894.91 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,591,457.93 


— 129 — 


Organized 1958 


No. QY 


FIRST INDUSTRIAL BANK OF COLORADO SPRINGS, 
COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

R. Earl O’Keefe, Chairman of the Board; John H. Patterson, Presi- 
dent; E. Jay O’Keefe, Creighton B. Lynch, Vice Presidents; Warren 
J. Kincaid, Vice President and Treasurer; Lane L. Cummings, Sec- 
retary; Weldon L. Snider, Assistant Secretary. 

DIRECTORS FOR 1970 

Warren J. Kincaid, Creighton B. Lynch, R. Earle O’Keefe, John H. 
Patterson. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection 42,988.56 

Installment loans 587,213.71 

Notes discounted and/or purchased 239,312.41 

Furniture and Fixtures - 1,078.88 

Other Assets 4,737.22 


TOTAL ASSETS $ 875,330.78 

LIABILITIES 

Notes payable (other) $ 378,100.00 

Savings deposits 61,416.05 

Thrift-Investment Certificates 76,079.83 

Unearned interest and discounts 112,624.51 

Dealers’ Reserves 4,334.62 

Amounts set aside for interest, 

taxes, and other expenses 6,082.66 

Other Liabilities 2,665.87 


TOTAL LIABILITIES $ 641,303.54 

CAPITAL ACCOUNTS 

Common stock $ 165,000.00 

Surplus 35,000.00 

Undivided profits 34,027.24 


TOTAL CAPITAL ACCOUNTS $ 234,027.24 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ...$ 875,330.78 


— 130 — 


Organized 1958 


No. TY 


ROCKY MOUNTAIN INDUSTRIAL BANK, 
COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

Clifford E. Katalin, President; Richard A. Van Winkle, Vice Presi- 
dent; George W. Thomas, Vice President and Secretary; Edward L. 
Burton III, Treasurer; John Henriksen, M. McKenzie, Assistant Sec- 
retary and Treasurers. 

DIRECTORS FOR 1970 

Clifford E. Katalin, Harry A. Scurr, Roy W. Simmons, Richard A. 
Van Winkle. 


ASSETS • Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 73,500.73 

Installment loans __ _ . 3,819,039.77 

Notes discounted and/or purchased . 115,033.17 

United States Government Obligations 319,481.92 

Furniture and Fixtures — 3,407.43 

Leasehold Improvements _ 41,675.75 

Real estate owned other than bank premises 2,224.38 

Other Assets 11,256.51 


TOTAL ASSETS $ 4,385,619.66 

LIABILITIES 

Notes payable (other) $ 425,000.00 

Savings deposits _ 1,571,959.48 

Thrift-Investment Certificates 1,181,090.72 

Unearned interest and discounts 693,950.10 

Amounts set aside for interest, 

taxes, and other expenses 136,321.09 

Other Liabilities .. 22,344.94 


TOTAL LIABILITIES $ 4,030,666.33 

CAPITAL ACCOUNTS 

Common stock $ 117,000.00 

Surplus 33,000.00 

Undivided profits 204,953.33 


TOTAL CAPITAL ACCOUNTS $ 354,953.33 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 4,385,619.66 


— 131 


Organized 1968 


No. AV 


THRIFT INDUSTRIAL BANK OF COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

Lloyd M. Boyd, President; John Narad, Cashier and Executive Vice 
President; Joseph S. Lawyer, Vice President; Edward L. Johnson, 
Vice President and Secretary. 

DIRECTORS FOR 1970 

A. E. Weidman, E. L. Johnson, H. W. Merryman. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 365.24 

Installment loans 838,373.08 

Notes discounted and/or purchased 216,542.97 

Furniture and Fixtures 15,361.61 

Other Assets 11,858.52 


TOTAL ASSETS $ 1,082.501.42 


LIABILITIES 

Notes payable (other) $ 554,812.73 

Savings deposits 8,200.64 

Thrift-Investment Certificates 28,000.00 

Unearned interest and discounts 205,502.18 

Dealers’ Reserves 19,016.89 

Amounts set aside for interest, 

taxes, and other expenses 280.00 

Other Liabilities 26,388.14 


TOTAL LIABILITIES $ 842,200.58 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits 20,300.84 


TOTAL CAPITAL ACCOUNTS $ 240,300.84 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ...$ 1,082,501.42 


— 132 — 


Organized 1964 


No. AN 


WESTERN INDUSTRIAL BANK OF COLORADO SPRINGS, 
COLORADO SPRINGS 

El Paso County 


OFFICERS FOR 1970 

Edwin L. Prestridge, President; Royce Brimberry, George A. Rice, 
Vice Presidents; Paul G. Urtado, Vice President and Cashier; John 
M. Murphy, Jr., Vice President and Assistant Secretary; Jack C. 
Guynn, Secretary; Martin V. O’Brien, Treasurer. 

DIRECTORS FOR 1970 

Royce Brimberry, Jack C. Guynn, John M. Murphy, Jr., Edwin L. 
Prestridge, George A. Rice. 


ASSETS . Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 35,069.05 

Installment loans . - 246,196.72 

Notes discounted and/or purchased 6,653.26 

United States Government Obligations 90,000.00 

Other Assets 3,750.07 


TOTAL ASSETS .$ 381,669.10 

LIABILITIES 

Unearned interest and discounts $ 71,837.33 

Amounts set aside for interest, 

taxes, and other expenses 184.83 


TOTAL LIABILITIES $ 72,022.16 


CAPITAL ACCOUNTS 
Common stock 

Surplus 

Undivided profits 


$ 309,646.94 


_$ 200 , 000.00 
20 , 000.00 
89,646.94 


TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS 


$ 381,669.10 


Organized 1968 


No. AT 


FIRST INDUSTRIAL BANK OF ADAMS COUNTY, 
COMMERCE CITY 

Adams County 


OFFICERS FOR 1970 

Charles J. Miller, President; H. Lee Sturgeon, Cashier; Barbara A. 
Lawton, Assistant Cashier. 

DIRECTORS FOR 1970 

Richard L. Eason, Charles J. Miller, H. Lee Sturgeon. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection . $ 51,003.36 

Furniture and Fixtures 6,496.64 


TOTAL ASSETS $ 57,500.00 

CAPITAL ACCOUNTS 

Common stock $ 50,000.00 

Surplus 5,000.00 

Undivided profits 2,500.00 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ...$ 57,500.00 


— 134 — 


Organized 1957 


No. LY 


BASIN INDUSTRIAL BANK, CORTEZ 

Montezuma County 


OFFICERS FOR 1970 

Francis R. Stockdale, President; Jack Hawkins, Chairman of the 
Board; Charles E. Stockdale, Executive Vice President; Venita Hill, 
Secretary. 

DIRECTORS FOR 1970 

Floyd Bradfield, Jack Hawkins, Vincil Lester, Charles E. Stockdale, 
Francis R. Stockdale. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 
balances, and' cash items in process of collection $ 75,356.55 

Installment loans 662,191.18 

Other bonds .. 91,616.78 

Furniture and Fixtures 3,947.70 

Real estate owned other than bank premises 27,989.84 

Other Assets _ _ 8,771.56 


TOTAL ASSETS $ 869,873.61 

LIABILITIES 

Accounts payable (other) $ 5,687.87 

Savings deposits 401,406.81 

Thrift-Investment Certificates 214,112.38 

Unearned interest and discounts 138,322.31 

Amounts set aside for interest, 

taxes, and other expenses 535.52 


TOTAL LIABILITIES $ 760,064.89 

CAPITAL ACCOUNTS 

Common stock $ 75,000.00 

Surplus 25,020.00 

Undivided profits 9,788.72 


TOTAL CAPITAL ACCOUNTS $ 109,808.72 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS 869,873.61 


— 135 — 


Organized 1959 


No. ZZ 


CRAIG INDUSTRIAL BANK, CRAIG 

Craig County 


OFFICERS FOR 1970 

O. J. lessen, President; Ross M. Hett, Executive Vice President; 
.1. R. Danberger, Administrative Vice President; T. M. Cumming, 
Harold Hoffman, Vice Presidents; Joseph Adducci, Cashier and 
Assistant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 20,604.21 

Installment loans 742,548.33 

Notes discounted and/or purchased 34,244.94 

United States Government Obligations 29,081.20 

Real estate owned other than bank premises 20,810.14 

Other Assets 7,171.44 


TOTAL ASSETS $ 854,460.26 

LIABILITIES 

Notes payable (other) . $ 273,148.86 

Savings deposits 142,457.90 

Thrift-Investment Certificates 116,648.50 

Unearned interest and discounts 162,338.78 

Dealers’ Reserves 1,187.20 

Amounts set aside for interest, 

taxes, and other expenses 21,678.84 

Other Liabilities 34,080.37 


TOTAL LIABILITIES $ 751,540.45 

CAPITAL ACCOUNTS 

Common stock $ 50,000.00 

Surplus 5,000.00 

Undivided profits 47,919.81 


TOTAL CAPITAL ACCOUNTS $ 102,919.81 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS _.$ 854,460.26 


— 136 — 


Organized 1949 


No. RX 


AVCO INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cummings, 
Vice President; Joseph Adducci, Cashier and Assistant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 5,216.61 

Installment loans 839,259.34 

United States Government Obligations 9,714.20 

Other Assets .. .r 9,495.74 


TOTAL ASSETS ....$ 863,685.89 

LIABILITIES 

Notes payable (other) $ 360,326.59 

Savings deposits 21,929.26 

Thrift-Investment Certificates 71,444.35 

Unearned interest and discounts 191,266.22 

Amounts set aside for interest, 

taxes, and other expenses 6,398.64 

Other Liabilities 26,487.07 


TOTAL LIABILITIES $ 677,852.13 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 10,000.00 

Undivided profits 75,833.76 


TOTAL CAPITAL ACCOUNTS 185,833.76 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ...$ 863,685.89 


— 137 — 


Organized 1958 


No. OY 


CAPITOL INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Edward H. Brooks, President; Herbert M. Crane, Vice President: 
Richard W. Hyde, Vice President and Manager; Morris E. Kramish, 
Secretary and Treasurer. 

DIRECTORS FOR 1970 

Edward H. Brooks, Herbert M. Crane, Morris E. Kramish. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 40,288.51 

Installment loans ^ 1,238,944.74 

Furniture and Fixtures 1,719.61 

Leasehold Improvements 1,322.27 

Other Assets 1,033.23 


TOTAL ASSETS 

LIABILITIES 

Notes payable (other) 

Savings deposits 

Thrift-Investment Certificates 

Unearned interest and discounts 

Amounts set aside for interest, 

taxes, and other expenses 

Other Liabilities - 

TOTAL LIABILITIES 

CAPITAL ACCOUNTS 

Common stock 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 


- $ 

1,283,308.36 


443,556.50 


155.62 


13,400.00 

— 

238,260.37 


59,091.04 


15,770.04 

-$ 

770,233.57 

-$ 

150,000.00 


15,000.00 

- 

348,074.79 

...s 

513,074.79 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .$ 1,283,308.36 


— 138 


Organized 1959 


No. ZY 


CENTENNIAL INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Jack W. Lampl, Jr., President; Eric Bruch, M. Katz, Vice Presidents; 
C. D. Archer, Assistant Vice President and Assistant Cashier; James 
E. Wanner, Secretary; B. H. Efferth, Assistant Secretary; H. N. 
Ullestad, Treasurer and Cashier; Albert Taddeo, Assistant Treasurer; 
Glen Perkins, Carolyn Shaffer, Assistant Cashiers. 

DIRECTORS FOR 1970 

Eric Bruch, M. Katz, Jack W. Lampl, Jr., H. N. Ullestad, James E. 
Wanner. 


ASSETS Dec. 31, 1970 

Cash, balances- with other banks, including reserve 

balances, and cash items in process of collection .$ 48,102.75 

Installment loans ..$ 646,075.50 

Notes discounted and/or purchased 340,375.47 

Furniture and Fixtures 1,609.92 

Real estate owned other than bank premises 20,981.14 

Other Assets 4,613.45 


TOTAL ASSETS $ 1,061,758.23 

LIABILITIES 

Notes payable (other) $ 557,349.05 

Savings deposits 53,488.13 

Thrift-Investment Certificates 68,128.80 

Mortgages on real estate owned 13,619.54 

Unearned interest and discounts 121,210.06 

Dealers’ Reserves 2,592.29 

Amounts set aside for interest, 

taxes, and other expenses 6,869.54 


TOTAL LIABILITIES . 823,257.41 

CAPITAL ACCOUNTS 

Common stock $ 106,440.00 

Surplus 17,560.00 

Undivided profits - 114,500.82 


$ 238,500.82 


TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS 


$ 1,061,758.23 


Organized 1927 


No. P 


COLORADO INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming and 
Ralph Raskin. Vice Presidents; Joseph Adducci, Cashier and Assist- 
ant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection S 132,034.38 

Installment loans — 8,292,457.16 

United States Government Obligations 519,728.63 

Other bonds 306,822.53 

Corporate stocks 46,025.00 

Real estate owned other than bank premises 62,663.54 

Other Assets 81,136.87 


TOTAL ASSETS $ 9,440,868.11 

LIABILITIES 

Notes payable (other) $ 413,466.61 

Savings deposits 2,709,432.75 

Thrift-Investment Certificates 1,486,682.21 

Unearned interest and discounts 1,940,087.65 

Amounts set aside for interest, 

taxes, and other expenses 322,517.72 

Other Liabilities . . . 465,462.57 


TOTAL LIABILITIES $ 7,337,649.51 

CAPITAL ACCOUNTS 

Common stock $ 300,000.00 

Surplus 275,000.00 

Undivided profits 1,528,218.60 


TOTAL CAPITAL ACCOUNTS . $ 2,103,218.60 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .. . $ 9,440,868.11 


— 140 — 


Organized 1940 


No. IX 


COMMERCIAL CREDIT PLAN INDUSTRIAL BANK, 

DENVER 

Denver, County 


OFFICERS FOR 1970 

T. Bailey Mourning, President; Raymond G. Bray, Frank Gosnell, 
Jr., Stephen R. Hann, Donald L. Smith, George W. Ritchie, Vice 
Presidents; W. Everett Smith, Secretary; Edward K. Waldron, 
Treasurer. 

DIRECTORS FOR 1970 

Raymond G. Bray, Thomas W. Church, T. Bailey Mourning, John 
M. Sheehan, W. Everett Smith, Burton J. Anderson, Edward K. 
Waldron. 


ASSETS - 

Dec. 31, 1970 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection 
Installment loans .. - - - 


13,142.74 

527,108.43 

16,799.88 

557,051.05 

Other A.s^set.s 


TOTAT. ASSETS 

$ 

LIABILITIES 


Notes payable (other) ... 

Unearned interest and discounts . 


330,781.85 

93,216.52 

Amounts set aside for interest. 


taxes, and other expenses 


19,868.88 

2,136.85 

Other Liabilities 


TOTAL ITABITJTIES 

S 

446,004.10 

CAPITAL ACCOUNTS 
Common stock 

- $ 

75,000.00 

5,625.00 

30,421.95 

111,046.95 

Surplus 


Undivided profits 


TOTAL CAPITAL ACCOUNTS ..... . 

. $ 




TOTAL LIABILITIES AND CAPITAL ACCOUNTS S 557,051.05 


141 — 


Organized 1958 


No. PY 


COMMERCIAL INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Hem-y Luby, President: Richard C. Luby, Francis G. Hughes, Vice 
Presidents; John C. Lockridge, Vice President and Secretary- 
Treasurer. 


DIRECTORS FOR 1970 

John C. Lockridge, Henry Luby, Richard C. Luby. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 85,593.98 

Installment loans 1,415,746.78 

Notes discounted and/or purchased 938,091.40 

Furniture and Fixtures 2,382.69 

Automobiles Owned 2,515.30 

Other Assets 127,257.76 


TOTAL ASSETS $ 2,571,587.91 

LIABILITIES 

Notes payable to banks $ 1,075,000.00 

Notes payable (other) 282,044.09 

Savings deposits 57,366.35 

Thrift-Investment Certificates 26,982.08 

Unearned interest and discounts 167,294.10 

Dealers’ Reserves 6,236.81 

Amounts set aside for interest, 

taxes, and other expenses 41,971.66 

Other Liabilities 236.62 


TOTAL LIABILITIES $ 1,657,131.71 

CAPITAL ACCOUNTS 

Common stock $ 500,000.00 

Surplus 100,000.00 

Undivided profits 281,557.68 

Reserves 32,898.52 


TOTAL CAPITAL ACCOUNTS $ 914,456.20 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS 2,571,587.91 


— 142 


Organized 1951 


No. CY 


CONTINENTAL INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Herbert M. Crane, President; Morris E. Kramish, Vice President and 
Secretai'y-Treasurer; Edward H. Brooks, Ernest W. Fulwyler, Vice 
Presidents; Ruth L. Falbe, Vice President and Manager; Margaret 
M. Speas, Assistant Secretary. 

DIRECTORS FOR 1970 

Edward H. Brooks, Herbert M. Crane, Morris E. Kramish. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 173,327.26 

Installment lonns 2,229,734.37 

Furniture and Fixtures 5,831.35 

Leasehold Improvements 10,560.00 

Automobiles Owned — 58.00 


TOTAL ASSETS $ 2,419,510.98 

LIABILITIES 

Notes payable (other) $ 857,112.96 

Savings deposits 317,867.80 

Thrift-Investment Certificates 226,302.94 

Unearned interest and discounts 443,037.77 

Amounts set aside for interest, 

taxes, and other expenses 60,390.64 

Other Liabilities 45,350.92 


TOTAL LIABILITIES $ 1,950,063.03 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 10,000.00 

Undivided profits 359,447.95 


TOTAL CAPITAL ACCOUNTS $ 469,447.95 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 2,419,510.98 


143 — 


Organized 1964 


No. AK 


EAST COLORADO INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming, 
Vice President; Joseph Adducci, Cashier and Assistant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 24,526.92 

Installment loans 1,602,712.34 

United States Government Obligations 66,042.88 

Other bonds 80,527.60 

Corporate stocks — 149,300.00 

Other Assets 20,449.98 


TOTAL ASSETS . $ 1,943,559.72 

LIABILITIES 

Notes payable (other) .$ 336,590.49 

Savings deposits 520,213.32 

Thrift-Investment Certificates 178,241.47 

Unearned interest and discounts 360,918.77 

Amounts set aside for interest, 

taxes, and other expenses — 47,046.61 

Other Liabilities 91,359.67 


TOTAL LIABILITIES $ 1,534,370.33 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits 189,189.39 


TOTAL CAPITAL ACCOUNTS $ 409,189.39 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS . .... $ 1,943,559.72 


— 144 — 


Organized 1953 


No. EY 


FAMILY INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Edward Fiterman, President; Ron Wilcox, Vice President; George 
L. Kane, Secretary. 


DIRECTORS FOR 1970 

Edward Fiterman, Frank J. Lane, George L. Kane, Ron Wilcox, 
Charles Graves. 


ASSETS 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection .. 

Installment loans 

Furniture and Fixtures 

Other Assets — 

TOTAL ASSETS 

LIABILITIES 

Notes payable (other) 

Unearned interest and discounts 

Dealers’ Reserves 

Amounts set aside for interest, 

taxes, and other expenses 

Other Liabilities 

TOTAL LIABILITIES 

CAPITAL ACCOUNTS 

Common stock 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 


Dec. 31, 1970 


...s 

2,948.16 

595,811.68 

6,654.59 

6,155.02 

...$ 

611,569.45 

$ 

183,400.00 

99,949.00 

67.62 


1,256.83 

273.53 


284,946.98 

-$ 

100,000.00 

45,000.00 

181,622.47 


326,622.47 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ...... S 611,569.45 


— 145 — 


Organized 1963 


No. AI 


FIRST CONTINENTAL INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Herbert M. Crane, President; Edward H. Brooks, Vice President; 
Morris E. Kramish, Vice President and Secretary-Treasurer; Richard 
R. Masche, Vice President and Manager; Margaret Speas, Assistant 
Secretary. 


DIRECTORS FOR 1970 

Edward H. Brooks, Herbert M. Crane, Morris E. Kramish. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 18,198.01 

Installment loans 800,501.87 

Furniture and Fixtures 5,281.85 

Leasehold Improvements 1,504.30 

Other Assets 737.50 


TOTAL ASSETS 


LIABILITIES 

Notes payable (other) 

Savings deposits 

Thrift-Investment Certificates 

Unearned interest and discounts 

Amounts set aside for interest, 

taxes, and other expenses 

Other Liabilities 

TOTAL LIABILITIES 

CAPITAL ACCOUNTS 

Common stock 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS 



826,223.53 

-$ 

202,309.82 

1,129.36 

11,914.96 

151,985.32 


35,234.61 

7,892.38 


410,466.45 

~$ 

200,000.00 

35,000.00 

180,757.08 

$ 

415,757.08 

$ 

826,223.53 


146 — 


Organized 1924 


No. JX 


THE LABOR FINANCE INDUSTRIAL BANK, DENVER 

Denver County 

OFFICERS FOR 1970 

Donald E. Leonard, President; Ronald R. Mahan, Vice President; 
Mary Jane Tone, Secretary -Treasurer. 

DIRECTORS FOR 1970 

Donald E. Leonard, Joan Leonard, Roger A. Graul. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 200.00 

Notes discounted and/or purchased 1,753,483.28 

Other Assets . 5,535.09 


TOTAL ASSETS .... $ 1,759,218.37 

LIABILITIES 

Notes payable to banks $ 1,500,000.00 

Notes payable (other) 960.00 

Other Liabilities 4,746.58 


TOTAL LIABILITIES $ 1,505,706.58 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 50,000.00 

Undivided profits 103,511.79 

TOTAL CAPITAL ACCOUNTS ."$ 253,511.79 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS ... $ 1,759,218.37 


— 147 — 


Organized 1957 


No. MY 


LEEMAN INDUSTRIAL BANK, DENVER 

Denver County 

OFFICERS FOR 1970 

Harry B. Leeman, President; Robert E. Lane, Vice President; Rose 
A. Honeyman, Secretary-Treasurer. 

DIRECTORS FOR 1970 

Robert E. Lane, Harry B. Leeman, Rose A. Honeyman. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 152,912.33 

Installment loans 2,103,382.45 

Other bonds 12,000.00 

Corporate stocks . 670,464.33 

Bank Premises, Furniture and Fixtures 42,724.53 

Real estate owned other than bank premises 260,624.29 

Automobiles Owned 6,926.50 

Other Assets $ 3,287.38 


TOTAL ASSETS $ 3,252,321.81 

LIABILITIES 

Savings deposits — S 501,485.92 

Unearned interest and discounts 262,198.34 

Amounts set aside for interest, 

taxes, and other expenses 56,777.04 

Other Liabilities — 1,846.29 


TOTAL LIABILITIES $ 822,307.59 

CAPITAL ACCOUNTS 

Common stock - $ 250,000.00 

Surplus 1,500,000.00 

Undivided profits 680,014.22 


TOTAL CAPITAL ACCOUNTS $ 2,430,014.22 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 3,252,321.81 


— 148 — 


Organized 1958 


No. UY 


MERCHANTS INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Harry R. Cohen, President; Lester Gold, Executive Vice President; 
Eldon L. Miller, Vice President. 

DIRECTORS FOR 1970 

Hariy R. Cohen, Lester Gold, Eldon L. Miller, Don C. Moen. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 378,479.87 

Installment loans . 2,130,381.97 

Notes discounted and/or purchased 212,195.34 

Other bonds 101,116.82 

Corporate stocks .. 63,572.55 

Furniture and Fixtures 12,328.78 

Leasehold Improvements 13,331.26 

Real estate owned other than bank premises 6,171.49 

Automobiles Owned 4,719.97 

Other Assets 29,918.48 


TOTAL ASSETS $ 2,952,216.53 

LIABILITIES 

Savings deposits $ 1,196,536.60 

Thrift-Investment Certificates 747,702.80 

Unearned interest and discounts 558,463.63 

Dealers’ Reserves 9,156.29 

Amounts set aside for interest, 

taxes, and other expenses 4,018.77 

Other Liabilities : 23,613.11 


TOTAL LIABILITIES $ 2,539,491.20 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 180,000.00 

Undivided profits 132,725.33 


TOTAL CAPITAL ACCOUNTS $ 412,725.33 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ..... $ 2,952,216.53 


— 149 — 


Organized 1959 


No. VY 


METROPOLITAN INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Jacob Lederman, President; Fannie Lederman, Victor Ledei'man, 
Vice Presidents; Marvin Lederman, Vice President and Treasurer; 
Sidney Zahalsky, Secretary. 

DIRECTORS FOR 1970 

Jacob Lederman, Fannie Lederman, Victor Lederman, Marvin Leder- 
man, Harlan L. Ray, Sidney Zahalsky. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of coUection $ 221,412.29 

Installment loans - 4,303,011.20 

Corporate stocks 1,139,338.73 

Bank Premises, Furniture and Fixtures 310,708.24 

Real estate owned other than bank premises 63,613.61 

Automobiles Owned 56,898.69 

Other Assets 70,179.04 


TOTAL ASSETS $ 6,165,161.80 

LIABILITIES 

Savings deposits $ 1,274,495.79 

Thrift-Investment Certificates 2,831,251.90 

Mortgages on real estate owned 48,283.23 

Unearned interest and discounts 742,353.93 

Dealers’ Reserves .. 146,746.85 

Amounts set aside for interest, 

taxes, and other expenses 36,976.51 


TOTAL LIABILITIES $ 5,080,108.21 

CAPITAL ACCOUNTS 

Common stock $ 528,040.00 

Surplus 218,020.20 

Undivided profits 338,993.39 


TOTAL CAPITAL ACCOUNTS $ 1,085,053.59 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ._.$ 6,165,161.80 


— 150 — 


Organized 1959 


No. XY 


PARK INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

Jack W. Lampl, Jr., President; Eric Bruch, M. Katz, Jack L. Black- 
stone, Vice Presidents; C. D. Archer, Assistant Vice President and 
Assistant Cashier; James E. Wanner, Secretary; B. H. Efferth, Assist- 
ant Secretary; H. N. Ullestad, Treasurer and Cashier; Albert A. 
Taddeo, Assistant Treasurer; Glen W. Perkins, Assistant Cashier. 

DIRECTORS FOR 1970 

Eric Bruch, Jack W. Lampl, Jr., James E. Wanner. 


ASSETS ' Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 18,904.94 

Installment loans . . . 1,413,996.07 

Notes discounted and/or purchased - 352,956.12 

Furniture and Fixtures 4,054.07 

Other Assets 774.68 


TOTAL ASSETS $ 1,790,685.88 

LIABILITIES 

Notes payable (other) $ 1,002,900.04 

Savings deposits 19,247.28 

Thrift-Investment Certificates 50,035.03 

Unearned interest and discounts 274,333.16 

Dealers’ Reserves . ... 2.459.90 

Amounts set aside for interest, 

taxes, and other expenses 42,367.81 


TOTAL LIABILITIES $ 1,391,343.22 

CAPITAL ACCOUNTS 

Common stock $ 150,000.00 

Surplus 15,000.00 

Undivided profits 234,342.66 


TOTAL CAPITAL ACCOUNTS $ 399,342.66 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS . 1,790,685.88 


— 151 — 


Organized 1951 


No. ZX 


SECURITY INDUSTRIAL BANK, DENVER 

Denver County 


OFFICERS FOR 1970 

David Golden, President-Treasurer; Larry P. Melnick, Executive Vice 
Pi'esident; Ruth Golden, Vice President and Assistant Secretary; 
Richard Bowers, Marvin Richman, Jerry Strongman, Vice Presidents; 
Stephen S. Golden, Secretary; Joseph H. Golinsky, Assistant 
Secretary. 

DIRECTORS FOR 1970 

David Golden, Ruth Golden, Stephen S. Golden, Larry P. Melnick. 


ASSETS 


Dec. 31. 1970 


Cash, balances with other banks, including reserve 
balances, and cash items in process of collection . 

Installment loans 

Furniture and Fixtures 

Leasehold Improvements 

Other Assets 

TOTAL ASSETS 


LIABILITIES 

Notes payable (other) 

Savings deposits 

Thrift-Investment Certificates 

Unearned interest and discounts 

Amounts set aside for interest, 

taxes, and other expenses 

Other Liabilities - 

TOTAL LIABILITIES 


CAPITAL ACCOUNTS 

Common stock 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 


... $ 

102,750.58 


4,356,925.61 


57,980.07 


67,188.34 


7,043.05 

.....$ 

4,591,887.65 

.....$ 

1,475,743.81 


259,383.14 


388,965.19 


725,326.00 


276,662.70 


370,487.16 

....$ 

3,496,568.00 


100,000.00 


400,000.00 


595,319.65 

— $ 

1,095,319.65 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS . ..$ 4,591,887.65 


— 152 — 


Organized 1923 


No. D 


THRIFT INDUSTRIAL BANK OF DENVER, DENVER 

Denver County 


OFFICERS FOR 1970 

Lloyd M. Boyd, President; A. E. Weidman, Executive Vice President; 
E. L. Johnson, Vice President and Secretary; Robert R. Lux, Vice 
President and Assistant Secretary; Joseph S. Lawyer, Vice President 
and Cashier; B. J. Belleci and J. Thomas Van Dalfsen, Vice Presi- 
dents; Angela J. Kranke, Assistant Vice President; H. W. Meriy- 
man, Treasurer; William Brach, Assistant Treasurer; Owen E. 
Metzler, Comptroller. 

DIRECTORS FOR 1970 

A. E. Weidman, E. L. Johnson, H. W. Merrj'man, Robert R. Lux, 
Lloyd M. Boyd. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 9,560.00 

Installment loans .. 1,515,934.28 

Notes discounted and/or purchased 39,731.55 

Other Assets . 8,508.74 


TOTAL ASSETS $ 1,573,734.57 


LIABILITIES 

Notes payable (other) . $ 908,463.51 

Savings deposits 196,776.75 

Thrift-Investment Certificates 8,349.98 

Unearned interest and discounts 203,058.53 

Dealers’ Reserves 609.27 

Amounts set aside for interest, 

taxes, and other expenses 11,222.07 

Other Liabilities 31,401.00 


TOTAL LIABILITIES $ 1,359,881.11 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus - 60,000.00 

Undivided profits 53,853.46 

TOTAL CAPITAL ACCOUNTS 1$ 213,853.46 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,573,734.57 


— 153 — 


Organized 1964 


No. AM 


WESTERN INDUSTRIAL BANK OF UNIVERSITY HILLS, 

DENVER 

Denver County 


OFFICERS FOR 1970 

Edwin L. Prestridge, President; Royce Brimberry, George A. Rice, 
Vice Presidents; R. G. Bahl, Vice President and Cashier; John M. 
Murphy, Jr., Vice President and Assistant Secretary; Jack C. Guynn, 
Secretary; Martin V. O’Brien, Treasurer. 

DIRECTORS FOR 1970 

Royce Brimberry, Jack C. Guynn, John M. Murphy, Jr., Edwin L. 
Prestridge, George A. Rice. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 23,185.45 

Installment loans 371,848.19 

Notes discounted and/or purchased 20,462.34 

United States Government Obligations 20,000.00 

Other Assets 9,413.65 


TOTAL ASSETS . ..$ 444,909.63 

LIABILITIES 

Unearned interest and discounts $ 107,464.37 

Amounts set aside for interest, 

taxes, and other expenses 88.20 


TOTAL LIABILITIES $ 107,552.57 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits 117,357.06 


TOTAL CAPITAL ACCOUNTS $ 337,357.06 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .$ 444,909.63 


154 


Organized 1950 


No. UX 


ENGLEWOOD COLORADO INDUSTRIAL BANK, 
ENGLEWOOD 

Arapahoe County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming, 
Vice President; Joseph Adducci, Cashier and Assistant Secretai-^'. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS , Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 31,521.08 

Installment loans 3,136,033.66 

United States Government Obligations 106,120.21 

Other bonds 31,710.89 

Corporate stocks 46,025.00 

Real estate owned other than bank premises 43,670.02 

Other Assets 40,393.17 


TOTAL ASSETS $ 3,435,474.03 

LIABILITIES 

Notes payable (other) $ 375,531.52 

Savings deposits 587,306.08 

Thrift-Investment Certificates 369,485.36 

Unearned interest and discounts 756,223.61 

Amounts set aside for interest, 

taxes, and other expenses 104,370.81 

Other Liabilities 197,414.67 


TOTAL LIABILITIES $ 2,390,332.05 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 125,000.00 

Undivided profits 820,141.98 


TOTAL CAPITAL ACCOUNTS $ 1,045,141.98 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 3,435,474.03 


— 155 — 


Organized 1968 


No. AX 


SOUTH CONTINENTAL INDUSTRIAL BANK, 
ENGLEWOOD 

Arapahoe County 


OFFICERS FOR 1970 

Herbert M. Crane, President; Morris E. Kramish, Vice President 
and Secretary-Treasurer; Edward H. Brooks, Vice President; Raphael 
J. Casey, Vice President and Manager; Margaret M. Speas, Assistant 
Secretary. 


DIRECTORS FOR 1970 

Raphael J. Casey, Herbert M. Crane, Morris E. Kramish. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 11,611.74 

Installment loans 535,008.49 

Notes discounted and/or purchased 3,827.66 

Leasehold Improvements 405.77 

Other Assets 2,654.00 


TOTAL ASSETS $ 553,507.66 

LIABILITIES 

Notes payable (other) $ 275,547.21 

Unearned interest and discounts 97,758.41 

Amounts set aside for interest, 

taxes, and other expenses 22,276.01 

Other Liabilities 4,215.17 


TOTAL LIABILITIES S 399,796.80 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 10,000.00 

Undivided profits 43,710.86 


TOTAL CAPITAL ACCOUNTS $ 153,710.86 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .— $ 553,507.66 


— 156 — 


Organized 1956 


No. KY 


FORT COLLINS COLORADO INDUSTRIAL BANK, 
FORT COLLINS 

Larimer County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming, 
Dale McGuire, Vice Presidents; Joseph Adducci, Cashier and Assist- 
ant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen. Joseph Adducci. 


ASSETS Dec. 31, 1970 


Cash, balances with other banks, including reseiwe 
balances, and cash items in process of collection 
Installment loans — — 

-$ 

59,328.72 

2,073,393.64 

307,145.36 

67,985.76 

60,553.17 

6,653.59 

5,370.06 

Notes discounted and/or purchased 


TInit.pfi Stat.ps Govprnment Ohligatinns 


Othpr bonds 


Real estate owned other than bank premises _ 


Othpr Asspts 




TOT AT, ASSETS 

-$ 

2,580,430.30 

445,175.53 

282,468.21 

816,116.82 

551,911.32 

5,559.94 

63,449.96 

123,414.81 

LIABILITIES 

Notes payable (other) . ... 

-$ 

Savings deposits ... ... _ ... 


Thrift-Invpst.mpnt Cprt.ifipat.ps 


Unearned interest and discounts 


Dealers’ Reserves 


Amounts set aside for interest, 
taxes, and other expenses 


Other Liabilities . . . _ 



TOTAL LIABILITIES .... 

$ 

2,288,096.59 

CAPITAL ACCOUNTS 
Common .stock 

- $ 

60,000.00 

60,000.00 

172.333.71 

292.333.71 

Surplus 


Undivided profits 


TOTAL CAPITAL ACCOUNTS ... . . 

......$ 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS 

---$ 

2,580,430.30 


— 157 — 


Organized 1970 


No. BE 


FORT COLLINS 1ST INDUSTRIAL BANK, 
FORT COLLINS 

Larimer County 


OFFICERS FOR 1970 

Roy W. Simmons, Chairman of the Board; Richard A. Van Winkle, 
President; Robert J. Mawhinney, Vice President and Secretary; 
Edward L. Burton III, Treasurer; M. McKenzie, Assistant Secretary. 

DIRECTORS FOR 1970 

Robert J. Mawhinney, Roy W. Simmons, Richard A. Van Winkle. 


ASSETS Dec. 31. 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 95,004.50 

Installment loans 361,880.88 

Furniture and Fixtures 4,997.48 

Leasehold Improvements 3,915.83 

Other Assets . _ 4,304.79 


TOTAL ASSETS $ 470,103.48 

LIABILITIES 

Savings deposits . $ 126,994.28 

Thrift-Investment Certificates 135,200.00 

Unearned interest and discounts 90,673.45 

Amounts set aside for interest, 

taxes, and other expenses (1,328.11) 

Other Liabilities 1,288.43 


TOTAL LIABILITIES $ 352,828.05 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 10,000.00 

Undivided profits 7,275.43 


TOTAL CAPITAL ACCOUNTS $ 117,275.43 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 470,103.48 


158 — 


Organized 1955 


No. lY 


GLENWOOD INDUSTRIAL BANK, GLENWOOD SPRINGS 

Garfield County 


OFFICERS FOR 1970 

John D. Vanderhoof, President; Donald L. Vanderhoof, Vice Pre.si- 
dent and Secretary-Treasurer; Richard L. Reinhard, Vice President; 
Darlene A. Stauffer, Cashier. 

DIRECTORS FOR 1970 

Richard L. Reinhard, Donald L. Vanderhoof, John D. Vanderhoof. 


ASSETS * Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 49,324.66 

Installment loans 1,147,348.60 

Notes discounted and/or purchased 41,684.56 

United States Government Obligations 90,000.00 

Other bonds 38,000.00 

Corporate stocks 25,587.75 

Furniture and Fixtures 6,644.95 

Leasehold Improvements 645.22 

Real estate owned other than bank premises 48,762.87 

Automobiles Owned 9,320.14 

Other Assets 30,243.40 


TOTAL ASSETS ... .$ 1,487,562.15 

LIABILITIES 

Notes payable to banks _....$ 20,000.00 

Savings deposits 428,433.98 

Thrift-Investment Certificates 729,006.57 

Unearned interest and discounts 167,510.52 

Dealers’ Reserves 2,858.08 

Amounts set aside for interest, 

taxes, and other expenses 4,390.53 

Other Liabilities 8,646.22 


TOTAL LIABILITIES $ 1,360,845.90 

CAPITAL ACCOUNTS 

Common stock $ 52,500.00 

Surplus 27,500.00 

Undivided profits 46,716.25 


TOTAL CAPITAL ACCOUNTS $ 126,716.25 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS _ $ 1,487,562.15 


159 — 


Organized 1940 


No. PX 


COMMERCIAL CREDIT PLAN INDUSTRIAL 
BANK OF GRAND JUNCTION 

Mesa County 


OFFICERS FOR 1970 

T. Bailey Mourning, President; Raymond G. Bray, Frank Gosnell, Jr., 
Stephen R. Harm, Donald L. Smith, George W. Ritchie, Vice Presi- 
dents; W. Everett Smith, Secretary; Edward K. Waldron, Treasurer. 

DIRECTORS FOR 1970 

Raymond G. Bray, Thomas W. Church, T. Bailey Mourning, John 
M. Sheehan, W. Everett Smith, Burton J. Anderson, Edward K. 
Waldron. 


ASSETS 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection — _ 

Installment loans 

Other Assets . 

TOTAL ASSETS 

LIABILITIES 

Notes payable (other) 

Unearned interest and discounts 

Amounts set aside for interest, 

taxes, and other expenses 

Other Liabilities 

TOTAL LIABILITIES 

CAPITAL ACCOUNTS 

Common stock 

Sui'plus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS 


Dec. 31, 1970 



3,869.80 

479,934.31 

4,527.51 


488,331.62 

...s 

286,486.77 

90,749.88 

-- 

11,679.00 

3,631.65 


392,547.30 

-$ 

50,000.00 

5,000.00 

40,784.32 

$ 

95,784.32 


.$ 488,331.62 


— 160 — 


Organized 1955 


No. GY 


GRAND JUNCTION COLORADO INDUSTRIAL BANK, 
GRAND JUNCTION 

Mesa County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming, 
Larrj" Dowd, Vice Presidents; Joseph Adducci, Cashier and Assistant 
Secretary. 


DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 162,101.91 

Installment loans 3,395,913.55 

Notes discounted and/or purchased 3,400.60 

United States Government Obligations 281,650.30 

Other bonds 122,831.12 

Corporate stocks 62,150.00 

Real estate owned other than bank premises . . .. 5,980.45 

Other Assets 25,893.50 


TOTAL ASSETS $ 4,059,921.43 


LIABILITIES 

Notes payable (other) $ 136.10 

Savings deposits 251,789.12 

Thrift-Investment Certificates 2,257,674.80 

Unearned interest and discounts 733,911.25 

Dealers’ Reserves 570.86 

Amounts set aside for interest, 

taxes, and other expenses 95,840.99 

Other Liabilities . 148,238.35 


TOTAL LIABILITIES $ 3,488,161.47 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 100,000.00 

Undivided profits 371,759.96 


TOTAL CAPITAL ACCOUNTS $ 571,759.96 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 4,059,921.43 


— 161 — 


Organized 1960 


No. AA 


HOME LOAN INDUSTRIAL BANK, GRAND JUNCTION 

Mesa County 


OFFICERS FOR 1970 

Harold E. Daniels, President and Secretary; Samuel Suplizio, Vice 
President; James A. Bonella, Treasurer; Robert D. Rait, Laveta V. 
Kay, Assistant Secretaries; Mary A. Baker, Assistant Secretar>-- 
Treasurer. 


DIRECTORS FOR 1970 

Howard H. McMullin, Harold E. Daniels, Dr. Geno Saccomanno. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 58,487.76 

Installment loans . 752,196.01 

United States Government Obligations 55,931.77 

Corporate stocks 11,872.91 

Furniture and Fixtures . 6,257.02 

Real estate owned other than bank premises 2,581.43 

Other Assets 1,450.14 


TOTAL ASSETS $ 888,777.04 

LIABILITIES 

Savings deposits $ 308,674.30 

Thrift-Investment Certificates 271,515.00 

Unearned interest and discounts 121,824.56 

Dealers’ Reserves 20,057.36 

Amounts set aside for interest, 

taxes, and other expenses 8,909.72 

Other Liabilities 17.00 


TOTAL LIABILITIES S 730,997.94 

CAPITAL ACCOUNTS 

Common stock . . $ 100,000.00 

Surplus 10,000.00 

Undivided profits . . 47,779.10 


TOTAL CAPITAL ACCOUNTS $ 157,779.10 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS S 888,777.04 


— 162 — 


Organized 1964 


No. AL 


GREELEY INDUSTRIAL BANK, GREELEY 

Weld County 


OFFICERS FOR 1970 

Abe J. Gold, President; Joseph Naiman, Executive Vice President; 
Robert A. Behrman, Secretary-Treasurer. 

DIRECTORS FOR 1970 

Robert A. Behrman, Abe J. Gold, Joseph Naiman. 


ASSETS , Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 28,652.93 

Installment loans . .. 913,384.71 

Notes discounted and/or purchased 60,189.98 

United States Government Obligations 183,500.00 

Furniture and Fixtures 3,928.41 

Leasehold Improvements 284.51 

Automobiles Owned 2,606.32 

Other Assets . 30,364.20 


TOTAL ASSETS $ 1,222,911.06 

LIABILITIES 

Notes payable (other) . . $ 1,566.61 

Savings deposits 118,191.46 

Thrift-Investment Certificates 712,541.12 

Unearned interest and discounts 118,395.04 

Dealers’ Reserves 18.680.52 

Amounts set aside for interest, 

taxes, and other expenses 32,134.85 


TOTAL LIABILITIES $ 1,001,509.60 

CAPITAL ACCOUNTS 

Common stock S 130,000.00 

Surplus 30,000.00 

Undivided profits . 61,401.46 


TOTAL CAPITAL ACCOUNTS $ 221,401.46 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ,$ 1,222,911.06 


— 163 — 


Organized 1951 


No. AY 


BENEFICIAL INDUSTRIAL BANK, LAKEWOOD 

Jefferson County 


OFFICERS FOR 1970 

Donald W. Dyal, President; Willard R. Atchinson, Vice President; 
Harold J. Robinson, Vice President and Secretary; John R. Doran, 
Vice President and Treasurer. 

DIRECTORS FOR 1970 

Willard R. Atchinson, Charles H. Donovan, John R. Doran, Donald 
W. Dyal, Harold J. Robinson. 


ASSETS 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection 

Installment loans (Less: Reserve for Bad Debts) 

Other Assets _ 


LIABILITIES 


Dec. 31, 1970 


Unearned interest and discounts 
Amounts set aside for interest, 

taxes, and other expenses 

Other Liabilities 

TOTAL LIABILITIES 


CAPITAL ACCOUNTS 

Common stock 

Surplus 


Undivided profits 

TOTAL CAPITAL ACCOUNTS S 



7,410.61 

669,550.74 

18,481.04 

-- $ 

695,442.39 

-$ 

300,000.00 

152,798.10 


8,588.00 

8,511.62 

.4 

469,897.72 

1 $ 

100,000.00 

10,000.00 

115,544.67 

.s 

225,544.67 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 695,442.39 


— 164 


Organized 1968 


No. AU 


GOVERNMENT EMPLOYEES INDUSTRIAL BANK, 
LAKEWOOD 

Jefferson County 


OFFICERS FOR 1970 

Raymond F. Rodgers, President; Ernest L. Marks, Thomas W. Hobbs, 
Walter R. Tinsley, Vice Pi'esidents; William G. Cain, Vice President 
and Cashier; Ernest M. Lucas, General Counsel; John M. O’Connor, 
Secretary; Henry J. Collins, Treasurer; Francis T. Barry, Harry I. 
Bond, Jr., Alfred G. Gross, Robert S. Smith, Donald J. Snow, 
Assistant Vice Presidents; Calvert H. Clingenpeel, Assistant Vice 
President and Assistant Cashier; Daniel A. Cox, Assistant Treasurer; 
Clara Mae Co^ar, Assistant Secretary. 

DIRECTORS FOR 1970 

WiUiam G. Cain, Lorimer A. Davidson, Leo Goodwin, Jr., Harvey 
B. Gram, Jr., David Lloyd Kreeger, Raymond F. Rodgers. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 53,676.05 

Installment loans 10,152,466.26 

Other Assets 22,313.58 


TOTAL ASSETS $ 10,228,455.89 

LIABILITIES 

Notes payable (other) $ 7,465,000.00 

Savings deposits 519,801.09 

Unearned interest and discounts 1,534,286.57 

Amounts set aside for interest, 

taxes, and other expenses 110,679.87 

Other Liabilities 272,833.20 


TOTAL LIABILITIES $ 9,902,600.73 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 21,798.77 

Undivided profits 104,056.39 


TOTAL CAPITAL ACCOUNTS $ 325,855.16 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .... $ 10,228,455.89 


165 — 


Organized 1963 


No. AC 


WEST AMERICA INDUSTRIAL BANK, LAKEWOOD 

Jefferson County 


OFFICERS FOR 1970 

Albert Purcell, President: Alvin N. Fedde, Executive Vice President; 
Cecilia Anne Gosch, Secretary-Cashier. 

DIRECTORS FOR 1970 

Albert Purcell, Alvin N. Fedde, George W. Green. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 30,699.12 

Installment loans . 356,691.32 

Other bonds - 445.48 

Corporate stocks 22,360.00 

Furniture and Fixtures 6,870.38 

Real estate owned other than bank premises 439,194.17 

Automobiles Owned 933.93 

Other Assets 37,134.54 


TOTAL ASSETS $ 894,328.94 

LIABILITIES 

Notes payable to banks $ 146,028.38 

Savings deposits . 53,024.38 

Thrift-Investment Certificates . 364,551.88 

Mortgages on real estate owned 140,291.55 

Unearned interest and discounts 35,094.41 

Dealers’ Reserves 2,242.13 

Amounts set aside for interest, 

taxes, and other expenses 19,004.58 

Other Liabilities 1,521.65 


TOTAL LIABILITIES $ 761,758.96 

CAPITAL ACCOUNTS 

Common stock $ 196,984.00 

Surplus 18,999.40 

Undivided profits (83,413.42) 

TOTAL CAPITAL ACCOUNTS $ 132,569.98 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 894,328.94 


— 166 — 


Organized 1963 


No. AJ 


LITTLETON 1ST INDUSTRIAL BANK, LITTLETON 

Arapahoe County 


OFFICERS FOR 1970 

Roy W. Simmons, Chairman of the Board; Richard A. Van Winkle, 
President; Stanley K. Rains, Vice President and Secretary; Edward 
L. Burton III, Treasurer; John Henricksen, Assistant Treasurer; 
Melba McKenzie, Assistant Secretary. 

DIRECTORS FOR 1970 

Roy W. Simmons, Richard A. Van Winkle, Stanley K. Rains. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 23,591.10 

Installment loans 1,701,662.63 

Notes discounted and/or purchased 345,291.04 

United States Govei’nment Obligations 35,000.00 

Bank Premises, Furniture and Fixtures 5,524.62 

Leasehold Improvements . . 3,905.04 

Other Assets 805.87 


TOTAL ASSETS $ 2,115,780.30 

LIABILITIES 

Notes payable to banks . $ 270,000.00 

Notes payable (other) 770,000.00 

Savings deposits 171,099.32 

Thrift-Investment Certificates 159,372.00 

Unearned interest and discounts l: 394,880.23 

Dealers’ Reserves ^ 58,834.88 

Amounts set aside for interest, 

taxes, and other expenses 41,222.65 

Other Liabilities .. 4,766.33 


TOTAL LIABILITIES $ 1,870,175.41 

CAPITAL ACCOUNTS 

Common stock $ 150,000.00 

Surplus . . 15,000.00 

Undivided profits 80,604.89 


TOTAL CAPITAL ACCOUNTS $ 245,604.89 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ...... $ 2,115,780.30 


— 167 — 


Organized 1957 


No. NY 


I.ONGMONT INDUSTRIAL BANK, LONGMONT 

Boulder County 


OFFICERS FOR 1970 

Jack W. Lampl, Jr., President; Eric Bruch, M. Katz, Donald L. Sher- 
wood, Vice Presidents; C. D. Archer, Assistant Vice President; James 
E. Wanner, Secretary; B. H. Efferth, Assistant Secretary; H. N. 
Ullestad, Treasurer and Cashier; Albert A. Taddeo, Assistant Treas- 
urer. Glenn Perkins, Assistant Cashier. 

DIRECTORS FOR 1970 

Eric Bruch, Jack W. Lampl, Jr., James E. Wanner. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 135,479.42 

Installment loans . . . 1,566,441.82 

Notes discounted and/or purchased 255,900.82 

Other bonds . 2,500.00 

Furniture and Fixtures 1,672.96 

Leasehold Improvements 2,628.43 

Other Assets 35,107.02 


TOTAL ASSETS $ 1,999,730.47 

LIABILITIES 

Notes payable (other) 515,167.48 

Savings deposits _ _ 474,431.38 

Thrift-Investment Certificates 299,420.63 

Unearned interest and discounts 353,082.49 

Dealers’ Reserves 299.16 

Amounts set aside for interest, 

taxes, and other expenses — - 9,815.41 


TOTAL LIABILITIES $ 1,652,216.55 

CAPITAL ACCOUNTS 

Common stock . $ 150,000.00 

Surplus 15,000.00 

Undivided profits 182,513.92 


TOTAL CAPITAL ACCOUNTS 347,513.92 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,999,730.47 


— 168 — 


Organized 1962 


No. AD 


GUARANTY INDUSTRIAL BANK, LOVELAND 

Larimer County 


OFFICERS FOR 1970 

Robert L. Anderson, President; J. F. Kroh, Chairman of the Board; 
Reuben Seilback, Arthur J. Moskal, Fern K. Huffsmith, Vice Presi- 
dents; Roy A. Melin, Secretary-Treasurer; Paul E. Wenke, General 
Legal Counsel. 


DIRECTORS FOR 1970 

Robert L. Anderson, James D. Chambers, Jake F. Kroh, Fern K. 
Huffsmith, Roy A. Melin, Arthur J. Moskal, Reuben Seilback, Paul 
E. Wenke. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 84,207.43 

Installment loans . 844,514.93 

United States Government Obligations . 48,368.00 

Furniture and Fixtures - 1,928.18 

Real estate owned other than bank premises — 56,042.98 

Automobiles Owned 1,179.44 

Other Assets 800.00 


TOTAL ASSETS $ 1,037,040.96 

LIABILITIES 

Notes payable to banks $ 20,000.00 

Savings deposits 244,580.99 

Thrift-Investment Certificates 503,294.70 

Mortgages on real estate owned 27,276.46 

Unearned interest and discounts 120,841.25 

Amounts set aside for interest, 

taxes, and other expenses 8,837.69 

Other Liabilities 587.97 


TOTAL LIABILITIES $ 925,419.06 

CAPITAL ACCOUNTS 

Common stock .^$ 50,000.00 

Surplus 40,000.00 

Undivided profits 21,621.90 


TOTAL CAPITAL ACCOUNTS $ 111,621.90 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,037,040.96 


169 


Organized 1951 


No. BY 


BENEFICIAL INDUSTRIAL BANK OF PUEBLO, 
PUEBLO 

Pueblo County 


OFFICERS FOR 1970 

Donald W. Dyal, President; Willard R. Atchinson, Vice President; 
Harold J. Robinson, Vice President and Secretaiy; John R. Doran, 
Vice President and Treasurer. 

DIRECTORS FOR 1970 

Willard R. Atchinson, Charles H. Donovan, John R. Doran, Donald 
W. Dyal, Harold J. Robinson. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 14,249.81 

Installment loans (Less: Reserve for Bad Debts) 373,810.00 

Other Assets 17,540.87 


TOTAL ASSETS $ 405,600.68 

LIABILITIES 

Notes payable (other) $ 40,000.00 

Uneai'ned interest and discounts 105,887.00 

Amounts set aside for interest, 

taxes, and other expenses 7,883.00 

Other Liabilities 4,575.35 


TOTAL LIABILITIES $ 158,345.35 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 10,000.00 

Undivided profits 137,255.33 


TOTAL CAPITAL ACCOUNTS $ 247,255.33 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .... $ 405,600.68 


— 170 — 


Organized 1940 


No. OX 


COMMERCIAL CREDIT PLAN INDUSTRIAL 
BANK OF PUEBLO 

Pueblo County 


OFFICERS FOR 1970 

T. Bailey Mourning, President; Raymond G. Bray, Frank Gosnell, 
Jr., Stephan R. Harm, Donald L. Smith, George W. Ritchie, Vice 
Presidents; W. Everett Smith, Secretary; Edward K. Waldron, 
Treasurer. 

DIRECTORS FOR 1970 

Raymond G. Bray, Thomas W. Church, T. Bailey Mourning, John 
M. Sheehan, W. Everett Smith, Burton J. Anderson, Edward K. 
Waldron. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 4,635.55 

Installment loans . 318,138.34 

Other Assets 5,927.23 


TOTAL ASSETS $ 328,701.12 

LIABILITIES 

Notes payable (other) $ 86,557.71 

Unearned interest and discounts 64,364.60 

Amounts set aside for interest, 

taxes, and other expenses 6,305.10 

Other Liabilities _ 2,428.75 


TOTAL LIABILITIES $ 159,656.16 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus . 10,000.00 

Undivided profits 59,044.96 


TOTAL CAPITAL ACCOUNTS $ 169,044.96 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS 328,701.12 


— 171 


Organized 1959 


No. WY 


FIRST INDUSTRIAL BANK OF PUEBLO, PUEBLO 

Pueblo County 

OFFICERS FOR 1970 

Walter D. Sodamann, President; Harold F. Dickerson, Vice President: 
Jack H. Sackman, Secretary-Treasurer; Andy Sackman, Assistant 
Secretary-Treasurer. 

DIRECTORS FOR 1970 

Harold F. Dickerson, Louis D. Sackman, Neta K. Sackman, Walter 
D. Sodamann, George T. Thliveris. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 342,460.32 

Installment loans 328,224.90 

Notes discounted and/or purchased 822,421.74 

Corporate stocks 67,489.60 

Furniture and Fixtures 1,289.02 

Leasehold Improvements 108.29 

Real estate owned other than bank premises 32,003.78 

Automobiles Owned — 2,243.02 

Other Assets — 7,914.08 


TOTAL ASSETS $ 1,604,154.75 

LIABILITIES 

Savings deposits $ 335,037.38 

Thrift-Investment Certificates 392,398.70 

Mortgages on real estate owned 6,470.73 

Unearned interest and discounts 126,510.08 

Dealers’ Reserves . - 2,329.38 

Amounts set aside for interest, 

taxes, and other expenses 34,180.15 

Other Liabilities 35,381.81 


TOTAL LIABILITIES $ 932,308.23 

CAPITAL ACCOUNTS 

Common stock $ 250,000.00 

Surplus 250,000.00 

Undivided profits 171,846.52 


TOTAL CAPITAL ACCOUNTS $ 671,846.52 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 1,604,154.75 


— 172 — 


Organized 1963 


No. AH 


THRIFT INDUSTRIAL BANK OF PUEBLO, PUEBLO 

Pueblo County 


OFFICERS FOR 1970 

A. E. Weidman, President; E. L. Johnson, Vice President and Sec- 
retary; Robert R. Lux, Vice President and Assistant Secretary; 
Joseph S. Lawyer, Vice President and Cashier; J. Thomas Van 
Dalfsen, Dave Buck, Vice Presidents; Philip J. Cullen, Assistant 
Secretary; H. W. Merryman, Treasurer; William Brach, Assistant 
Treasurer; Owen E. Metzler, Comptroller. 

DIRECTORS FOR 1970 

A. E. Weidman, E. L. Johnson, H. W. Merryman, Robert R. Lux, 
Lloyd Boyd. 


ASSETS 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection ... 

Installment loans 

Notes discounted and/or purchased 

Furniture and Fixtures 

TOTAL ASSETS 

LIABILITIES 

Notes payable (other) 

Savings deposits 

Unearned interest and discounts 

Dealers’ Reserves 

Amounts set aside for interest, 

taxes, and other expenses 

Other Liabilities 

TOTAL LIABILITIES 

CAPITAL ACCOUNTS 

Common stock 

Suiplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 

TOTAL LIABILITIES AND CAPITAL ACCOUNTS 


Dec. 31, 1970 


..._$ 

7,374.77 

480,676.34 

87,655.01 

2,936.56 

....$ 

578,642.68 


134,604.90 

2,936.05 

93,991.35 

2,768.61 


6,018.78 

23,297.10 

$ 

263,616.79 


200,000.00 

70,000.00 

45,025.89 

...$ 

315,025.89 

....$ 

578,642.68 


173 — 


Organized 1964 


No. AR 


FIRST INDUSTRIAL BANK OF ROCKY FORD, 
ROCKY FORD 

Otero County 


OFFICERS FOR 1970 

Charles J. Miller, President; Barbara A. Lawton, Cashier; John R. 
Morrison, Vice President. 

DIRECTORS FOR 1970 

Hunter H. Cover, Glen L. Grimsley, Charles J. Miller, John R. 
Morrison. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 260,259.90 

Installment loans 1,218,677.31 

Notes discounted and/or purchased 273,173.06 

Furniture and Fixtures 18,614.91 

Other Assets 6,459.79 


TOTAL ASSETS __$ 1,777,184.97 

LIABILITIES 

Savings deposits $ 444,422.87 

Thrift-Investment Certificates 1,007,206.93 

Unearned interest and discounts 202,143.61 

Dealers’ Reserves 6,446.04 

Amounts set aside for interest, 

taxes, and other expenses 11,965.52 


TOTAL LIABILITIES $ 1,672,184.97 

CAPITAL ACCOUNTS 

Common stock $ 50,000.00 

Surplus 5,000.00 

Undivided profits 50,000.00 


TOTAL CAPITAL ACCOUNTS _.$ 105,000.00 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .— $ 1,777,184.97 


Organized 1968 


No. BA 


SILVERTON INDUSTRIAL BANK, SILVERTON 

San Juan County 


OFFICERS FOR 1970 

Richard W. Turner, President; John W. Turner, II, Executive Vice 
President and Cashier; Richard W. Turner, Jr., Vice President; Jane 
Nelson, Assistant Cashier. 

DIRECTORS FOR 1970 

Frank S. Maynes, Claudine B. Turner, John W. Turner, II, Richard 
W. Turner, Richard W. Turner, Jr. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 30,479.09 

Installment loans . .. 180,348.82 

Furniture and Fixtures 4,160.07 

Leasehold Improvements . 2,844.65 

Real estate owned other than bank premises 9,248.13 


TOTAL ASSETS , $ 227,080.76 

LIABILITIES 

Savings deposits $ 97,842.81 

Thrift-Investment Certificates 60,000.00 

Dealers’ Reserves 252.50 

Amounts set aside for interest, 

taxes, and other expenses 7,761.37 

Other Liabilities 4,643.29 


TOTAL LIABILITIES $ 170,499.97 

CAPITAL ACCOUNTS 

Common stock $ 50,000.00 

Surplus 5,000.00 

Undivided profits 1,580.79 


TOTAL CAPITAL ACCOUNTS $ 56,580.79 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ... $ 227,080.76 


— 175 


Organized 1955 


No. FY 


STERLING INDUSTRIAL BANK, STERLING 

Logan County 


OFFICERS FOR 1970 

John E. Elliff, President; James H. Elliff, W. H. Kinney, Vice Presi- 
dents; Kenneth Lawrence, Secretary -Treasurer. 

DIRECTORS FOR 1970 

John E. Elliff, James H. Elliff, W. H. Kinney, Kenneth Lawrence, 
Bernard Hecker. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 92.577.13 

Installment loans _ 890,355.00 

Notes discounted and/or purchased 287,526.35 

United States Government Obligations 19,710.30 

Other bonds 56,102.23 

Corporate stocks 34.355.00 

Bank Premises, Furniture and Fixtures 61,440.95 

Real estate owned other than bank premises .... 16,637.80 

Automobiles Owned 1,636.00 

Other Assets 4,495.09 


TOTAL ASSETS $ 1,464,835.85 

LIABILITIES 

Notes payable to banks $ 75,000.00 

Savings deposits 452,197.69 

Thi’ift-Investment Certificates 590,764.77 

Unearned interest and discounts 125,958.59 

Dealers’ Reserves 17,730.35 

Amounts set aside for interest, 

taxes, and other expenses 4,821.05 


TOTAL LIABILITIES $ 1,266,472.45 

CAPITAL ACCOUNTS 

Common stock $ 50,000.00 

Surplus 100,000.00 

Undivided profits 48,363.40 


TOTAL CAPITAL ACCOUNTS 198,363.40 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS .... . S 1,464,835.85 


— 176 — 


Organized 1963 


No. AF 


ANCHOR INDUSTRIAL BANK, THORNTON 

Adams Coimty 


OFFICERS FOR 1970 

Gerald L. Schlessman, President; Verne S. Ressler, Vice President; 
Earl W. Cochran, Treasurer; Lee E. Schlessman, Secretary; Joseph 
T. Schmitz, Assistant Vice President; Velma A. Wellman, Assistant 
Secretarj'. 

DIRECTORS FOR 1970 

James Duncan, Verne S. Ressler, Gerald L. Schlessman, Lee E. 
Schlessman. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 17,678.42 

Installment loans 766,720.88 

Notes discounted and/or purchased 87,824.63 

United States Government Obligations 28,208.50 

Furniture and Fixtures 5,653.25 

Other Assets 6,027.09 


TOTAL ASSETS $ 912,112.77 

LIABILITIES 

Notes payable (other) $ 350,325.00 

Savings deposits 67,519.82 

Thrift-Investment Certificates 176,996.38 

Unearned interest and discounts 133,981.49 

Amounts set aside for interest, 

taxes, and other expenses . 10,574.81 

Other Liabilities 2,428.31 


TOTAL LIABILITIES $ 741,825.81 

CAPITAL ACCOUNTS 

Common stock $ 100.000.00 

Surplus 15,000.00 

Undivided profits 55,286.96 


TOTAL CAPITAL ACCOUNTS _.... 170,286.96 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS 912,112.77 


— 177 — 


Organized 1969 


No. BC 


CREDITHRIFT INDUSTRIAL BANK, THORNTON 

Adams County 


OFFICERS FOR 1970 

Wendell L. Dixon, President; Joseph C. Nelson, Louis Durfee, Eldo 
Taylor, George Woodruff, Vice Presidents; Carl E. Bosecker, Secre- 
tary; Lysle I. Abbott, Assistant Secretary; James E. Robinson, 
Treasurer; Webster R. Vause, Cashier. 

DIRECTORS FOR 1970 

Carl E. Bosecker, Wendell L. Dixon, Louis Durfee, Joseph C. Nelson, 
Eldo Taylor. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 
balances, and cash items in process of collection . $ 2,637.57 

Installment loans 522,409.99 

Notes discounted and/or purchased 73,874.81 

Furniture and Fixtures 2,381.99 

Leasehold Improvements 5,171.42 

Other Assets 434.40 


TOTAL ASSETS .$ 606,910.18 

LIABILITIES 

Notes payable (other) $ 228,645.59 

Unearned interest and discounts 125,791.16 

Dealers’ Reserves . 1,656.24 

Amounts set aside for interest, 

taxes, and other expenses 382.81 

Other Liabilities 3,444.56 


TOTAL LIABILITIES $ 359,920.36 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus . 20,000.00 

Undivided profits 26,989.82 


TOTAL CAPITAL ACCOUNTS $ 246,989.82 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS 606,910.18 


— 178 — 


Organized 1962 


No. AB 


TRINIDAD INDUSTRIAL BANK, TRINIDAD 

Las Animas County 


OFFICERS FOR 1970 

Ernest A. Maldonado, President; Roger Barrack, Eugene Alpert, Vice 
Presidents; Gilbert Maes, Treasurer; Sanford Y. Alpert, Secretary. 

DIRECTORS FOR 1970 

Ernest A. Maldonado, Eugene Alpert, Gilbert Maes, Roger Barrack, 
Sanford Alpert. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 97,447.00 

Installment loans 929,055.00 

Other bonds . 15,000.00 

Bank Premises, Furniture and Fixtures .. 92,624.00 

Real estate owned other than bank premises 38,047.00 

Automobiles Owned 988.00 

Other Assets 16,748.00 


TOTAL ASSETS 

LIABILITIES 

Notes payable (other) 

Savings deposits 

Thrift-Investment Certificates 

Unearned interest and discounts 

Amounts set aside for interest, 
taxes, and other expenses 

TOTAL LIABILITIES 

CAPITAL ACCOUNTS 

Common stock 

Surplus 

Undivided profits 

TOTAL CAPITAL ACCOUNTS 


...$ 

1,189,909.00 


240,362.00 


145,555.00 


327,922.00 


244,976.00 


9,912.00 


968,727.00 

-$ 

132,360.00 


108,336.00 


(19,514.00) 


221,182.00 

..$ 

1,189,909.00 


— 179 — 


Organized 1968 


No. AY 


NORTH CONTINENTAL INDUSTRIAL BANK. 
WESTMINSTER 

Adams County 


OFFICERS FOR 1970 

Herbert M. Crane, President; Edward H. Brooks, Vice President; 
Morris E. Kli-amish, Vice President and Secretary-Treasurer; E. W. 
Fluwjder, Manager and Vice President; Margaret Speas, Assistant 
Secretary. 

DIRECTORS FOR 1970 

Edward H. Bi’ooks, Herbert M. Crane, Morris E. Kramish. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 18,313.99 

Installment loans 944,339.27 

Furniture and Fixtures 1,267.30 

Leasehold Improvements 355.33 

Other Assets 2,654.00 


TOTAL ASSETS $ 966,929.89 

LIABILITIES 

Notes payable (other) $ 526,457.09 

Savings deposits 4,724.74 

Thrift-Investment Certificates 6,620.00 

Unearned interest and discounts 176,324.28 

Amounts set aside for interest, 

taxes, and other expenses 54,100.39 

Other Liabilities 9,247.77 


TOTAL LIABILITIES $ 777,474.27 

CAPITAL ACCOUNTS 

Common stock $ 100,000.00 

Surplus 10,000.00 

Undivided profits 79,455.62 


TOTAL CAPITAL ACCOUNTS $ 189,455.62 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS ... $ 966,929.89 


— 180 


Organized 1963 


No. AG 


WESTMINSTER COLORADO INDUSTRIAL BANK, 
WESTMINSTER 

Adams County 


OFFICERS FOR 1970 

O. J. Jessen, President; Ross M. Hett, Executive Vice President; 
J. R. Danberger, Administrative Vice President; T. M. Cumming, 
Vice President; Joseph Adducci, Cashier and Assistant Secretary. 

DIRECTORS FOR 1970 
Ross M. Hett, O. J. Jessen, Joseph Adducci. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 29,392.20 

Installment loans .... _ 2,715,542.23 

United States Government Obligations 78,820.80 

Other bonds 27,150.00 

Corporate stocks 84,350.00 

Real estate owned other than bank premises 11,043.82 

Other Assets 41,739.18 


TOTAL ASSETS $ 2,988,038.23 

LIABILITIES 

Notes payable (other) $ 790,411.15 

Savings deposits 355,229.04 

Thrift-Investment Certificates 277,204.52 

Unearned interest and discounts 666,333.65 

Amounts set aside for interest, 

taxes, and other expenses 101,790.92 

Other Liabilities 166,017.94 


TOTAL LIABILITIES $ 2,356,987.22 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Undivided profits 411,051.01 


TOTAL CAPITAL ACCOUNTS $ 631,051.01 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS $ 2,988,038.23 


— 181 — 


Organized 1964 


No. AP 


CREDITHRIFT OF AMERICA INDUSTRIAL BANK, 
WHEAT RIDGE 

Jefferson County 


OFFICERS FOR 1970 

Wendell L. Dixon, President; Joseph C. Nelson, Louis Durfee, Eldo 
Taylor, George R. Woodruff, Vice Presidents; Carl E. Bosecker, 
Secretary; Lysle I. Abbott, Assistant Secretary; James E. Robinson, 
Treasurer; Webster R. Vause, Cashier. 

DIRECTORS FOR 1970 

Carl E. Bosecker, Wendell L. Dixon, Louis Durfee, Joseph C. Nelson, 
Eldo Taylor. 


ASSETS Dec. 31, 1970 

Cash, balances with other banks, including reserve 

balances, and cash items in process of collection $ 2,357.54 

Installment loans 776,750.71 

Notes discounted and/or purchased 62,568.34 

Furniture and Fixtures 1,592.61 

Other Assets 26.30 


TOTAL ASSETS $ 843,295.50 

LIABILITIES 

Notes payable (other) $ 398,013.78 

Unearned interest and discounts . 161,638.61 

Dealers’ Reserves 5,615.51 

Amounts set aside for interest, 

taxes, and other expenses 2,999.44 

Other Liabilities ... 2,951.07 


TOTAL LIABILITIES $ 571,218.41 

CAPITAL ACCOUNTS 

Common stock $ 200,000.00 

Surplus 20,000.00 

Reserves 52,077.09 


TOTAL CAPITAL ACCOUNTS $ 272,077.09 


TOTAL LIABILITIES AND CAPITAL ACCOUNTS 843,295.50 


— 182 — 


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