Newspapers / The Tryon Daily Bulletin … / Jan. 31, 1942, edition 1 / Page 5
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STATEMENT OF CONDITION OF Tryon Federal Savings & Loan Ass’n. TRYON, NORTH CAROLINA As of December 31st, 1941. Assets First Mortgage Loans $342,436.21 Accrued Interest receivable on First Mortgage | Leans . 1,694.53 Loans secured by Shares 800.00 Accrued Interest receivable on Share Loans—. 10.75 Stock in Federal Home Loan Bank 3,200.00 Cash on Hand and in Banks ..... 565.71 Furniture, fixtures and equipment—(less de preciation) .... 153.02 Deferred Charges 340.85 Dividend Prepaid (in error).. 33.34 TOTAL ASSETS .—5349,234.41 Liabilities Member's Share Accounts: Installment Thrift Shares. $ 9,851.45 Optional Shares 26,338.42 Full-Paid Shares 250,645.00 Home Owner’s Loan Corporation 38,000.00 Accounts Payable 264.02 Loans in Process 3,189.50 Advance payments by borrowers for Insur ance and Taxes 94.95 Specific Reserves: For uncollected interest- 2,530.02 General Reseirves: Federal insurance reserve 1,800.00 For contingencies 10,800.00 Bonus cn Shares 51.37 Undivided Profits 5,669.68 TOTAL LIABILITIES $349,234.41 #■ TRYON FEDERAL SAVINGS & LOAN ASSOCIATION
The Tryon Daily Bulletin (Tryon, N.C.)
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Jan. 31, 1942, edition 1
5
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