OFFICIAL PUBLICATION
REPORT OF CONDITION
OF
Matannska Valley Bank
P. O. Box No. 1796, Palmer, Alaska, at the close of business on December 31, 1956
ASSETS
Cash, balances with other banks, including reserve balances, and cash
items in process of collection_$ 481,092.32
United States Government obligations, direct and guaranteed_ 651,560.88
Obligations of States, Territories and political subdivisions_ 122,876.00
Other bonds, notes, and debentures _ 170,000.00
Loans and discounts, (including $504.47 overdrafts). 1,186,904.28
Bank premises owned $8,814.20, furniture and fixtures $19,330.81 _ 28,145.01
Real estate owned other than bank premises___ 9,216.99
Other assets —. . .. . 5,000.00
TOTAL ASSETS_ 2,654,795.48
LIABILITIES
*
Demand deposits of individuals, partnerships, and corporations_ 1,510,805.96
Time deposits of individuals, partnerships, and corporations_ 536,833.44
Deposits of United States Government (including postal savings)_ 72,851.15
Deposits of States, Territories and political subdivisions__ 271,845.99
Other deposits (certified and officers’ checks, etc.) __ 12,535.07
* TOTAL DEPOSITS ..$2,404,871.61
Other liabilities __ 55,385.71
TOTAL LIABILITIES (not including subordinated obligations shown
below)-—-- 2,460,257.32
CAPITAL ACCOUNTS
Capital Stock-I_ 75,000.00
ISuipius ------ 75,000.00
Undivided profits-_1__ 44 538 16
TOTAL CAPITAL ACCOUNTS _ _ __ _ 104 mo
TOTAL LIABILITIES AND CAPITAL ACCOUNTS "_-__
MEMORANDA
Assets pledged or assigned to secure liabilities and for other purposes
(including notes and bills rediscounted and securities sold with
agreement to repurchase) _ 230 968 76
Loans as shown above are after deduction of reserves of_ 54 376 98
Jones, Cashier of the above named bank, do solemnly
swear that the above statement is true and that this report fully and eorrectlv
represents the true state of the several matters therein contained and set forth
to the best of my knowledge and belief. *
R. M. JONES, Cashier
ROBERT A. BAKER \\
. ' : . K. M. LESH ! Directors
JAMES J. HURLEY ))
UNITED STATES OF AMERICA, TERRITORY OF ALASKA) ss
Sworn to and subscribed before me this 4th day of January 1957
and I hereby certify that I am not an officer or director of this bank.
. . . ' RITA McCLAFFERTY
tut • > _ _ Notary Public
My commission expires 2-8-60
THURSDAY, JANUARY 10
PIONEER GRANGE, ..Grange
PIONEER GRANGE, Grange
hall, 8 p.m.
BOY SCOUTS, Legion hall, 7
p.m.
M.T.A. DIRECTORS, MTA office,
8 p.m.
PROSPECTORS, Central School,
8 p.m.
TURK MURPHY, Central School
gym, 8 p.m.
FRIDAY, JANUARY 11
PALMER vs. FAIRBANKS, at
Fairbanks.
SQUARE DANCE GROUP, Car
penters’ hall, 8:30 p.m.
BAND CONCERT, Central Sch
ool gym, 8 p.m.
SATURDAY, JANUARY 12
RAINBOW GIRLS, Carpenters’
hall, 2 p.m.
PALMER vs. FAIRBANKS, at
Fairbanks.
MONDAY, JANUARY 14
PALMER KIWANIS, Grange
hall, 12:05 p.m.
ALTAR SOCIETY
CREDIT UNION, Annual meet
ing, Co-Op club room, 8 p.m.
TUESDAY, JANUARY 15
Well Child Conference, Health
Center, 1-4 p.m.
PALMER P-TA, High school
cafe, 8 p.m.
PALMER MOOSE, Hoose hall,
8 p.m.
WEDNESDAY, JANUARY 16
EASTERN STAR INSTALLA
TION, Carpenters hall
CHAMBER OF COMMERCE, Co
Op club room, 12:05 p.m.
PALMER ELKS, Elks hall, 8 p.m.
EASTERN STAR
INSTALLATION TO
BE HELD WEDNESDAY
Installation of 1957 officers in
the Matanuska Valley Chapter
14, Order of Eastern Star will
be held following the chapter’s
regular meeting next Wednes
day evening, January 16, in Car
penters’ halL
The installation will be open
and friends and unaffiliated East
ern Star members are invited to
attend.
Mrs. Katheryn Wilson will be
installing officer, assisted by
Dexter Bacon. Mrs. Margaret
Snodgrass will be installing chap
lain; Mrs. Thelma Cope, install
ing marshal; and Mrs. Marjorie
Brewer, installing organist.
DORIS BYRD WED IN HOLIDAY CEREMONY
In a holiday setting in the
home of her parents, Doris M.
Byrd, daughter of Mr. and Mrs.
Harold Moore of Palmer became
the bride on December 31 of Earl
T. Marcais, son of Mr. and Mrs.
Victor Marcais of Glovesville,
New York. The ceremony, which
was performed by U. S. Commis
sioner Dorothy B. Saxton, was
held before a lighted Christmas
tree and fireplace. Sergeant and
Mrs. John Shuff of Fort Richard
son were attendants for the
couple.
Following the ceremony a
beautiful wedding cake was serv
ed by Mrs. Robert Bettine, sister
of the bride. Mrs. Arthur Sten
berg presided at the punch bowl.
VVW^^VSA^S^AA^WVWWWVWWWSA
Relatives ana guesus auenuing
the ceremony and reception
were: Sgt. and Mrs. Shuff, Terry
and Alan Shuff, Mr. and Mrs.
Robert Bettine and Cindy Lea.
Mr. and Mrs. Arthur Stenberg.
Mr. and Mrs. Clay Johnson, Mr.
and Mrs. Rex Ehrhart, Karola
Moore, Cliristine Byrd, and the
bride’s parents.
Mrs. Mareais has lived most
of her life in the valley and is
now employed at the Alaska Gen
eral Depet. Sgt. Mareais is at
tached to the 23rd Tank Company
of Fort Richardson. The couple
will make their home in the An
chorage area.
FRONTIERSMAN CLASSIFIEDS
ALWAYS BRING RESULTS
I We must develop the habit of saving for future
security and the earlier in life we start the better.
Why not start saving for your future now . . . open a
savings account today. You will be glad tomorrow
that you saved today!
i.
MATANUSKA VALLEY BANK
Daily 10 A.M. - 0 P.M.
Open Thursday Evenings 6-8 PJML
PALMER, ALASKA
§M WHITE FACE STEER BEEF RAISED IN THE VALLEY FOR THE BENEFIT OF THE VALLEY
Hind
Quarter LB
THIS PRICE INCLUDES CUTTING AND WRAPPING
PICK YOUR OWN QUARTER!!
Front
Quarter “■
THIS PRICE INCLUDES CUTTING AND WRAPPING
PICK YOUR OWN QUARTER!!
Ground
Beef VO“C
1 1 -- • -111 !■—■ VSHKiTMOBHIH
^ "