OFFICIAL PUBLICATION
REPORT OF CONDITION
OF
Matanuska Valley Bank
p- O. Box No. 1796, Palmer, Alaska, at the close of business on October 4, 1956
ASSETS
Cash balances with other banks, including reserve balances, and cash
. items in process of collection $
Lmted States Government obligations, direct and guaranteed _
JJDiigaticms of States, Territories and political subdivisions._
utner bonds, notes, and debentures
Loans and discounts, (including $648.72 overdrafts)
»ank premises owned $10,427.86, furniture and fixtures $19,380.36
«*al estate owned other than bank premises
TOTAL ASSETS __: ---—
r- j J LIABILITIES
deP°slts of individuals, partnerships, and corporations
nZcrteP°fSn individuals, partnerships, and corporations
De^Sc °Jf ctn\ d State? Government (including postal savings)
Deposits of States, Territories and political subdivisions
deposits (certified and officers’ checks etc )
TOTAL DEPOSITS . .
Other liabilities . ’
472
TOTbelo\v>IABILmES ^0t including subordinated obligations
,253.99
shown
522,210.32
716.833.50
123.562.51
170,000.00
1,163,827.00
29,808.22
10,245.63
2,736,487.18
1,489,134.71
524,583.71
62.311.91
376345.75
19.877.91
42,861.24
2315,115.23
Capital stock _ CAPITAL ACCOUNTS
Surplus ___
Undivided profits _
total capital accounts ”!
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
« . , , J MEMORANDA
Assets pledged or assigned to secure liabilities and for other Durnoses
agreement t”°fL™ red'sc°™t<*i securities sold with
Loans as shown above are after deduction of reserves of
inasta Wmn1naAnd,mtinithrati0r Title 1 repair and modernization
Total amount Vf ^ L ! t^e,.®’cte1nt covered by insurance reserves
oiai amount of loans, certificates or interest and obligations nr
Th iT-r ^ich are fully backed or insured by fgenSes of
JJf Vniuvd S,tates Government (other than “United States Goveni
ment obligations, direct and guaranteed”)
75,000-00
75,000.00
71,371.95
221,371.95
2,736,487.18
240,000.00
46,524.98
8,430.60
swear1 that th^'ah!^rneS’t rCashifr the above named bank, do
rerfresent^th^ tri^ ♦ statement 1S true and that this report ful] and
to'SSTitSmTknowSLg'eandSi'.1 therei" and
33,696.99
solemnly
correctly
set forth,
CORRECT—ATTEST •
R. M. JONES, Cashier
Robert a. baker u
K. M. LESH
JAMES J. HURLEY ))
Directors
UNITED STATES OF AMERICA, TERRITORY OF ALASKA) ss.
Sworn to and subscribed before me this 16th day of October 1956
and I hereby certify that I am not an officer or director of this bank!
My commission expires 2-8-60
RITA McCLAFFERTY
Notary Public
f
; Reporters—
No-teJnaoh j
Mr. and Mrs. Ted Mommsen
of Wasilla recently purchased 80
acres of the Robinette home
stead which takes in Ingersoll
Lake. They plan to start building
in the spring.
Dr. C. Earl Albrecht, former
Alaska Commissioner of Health,
was this month named director
of Ohio Department of Mental
Hygiene and Correction. Dr. Al
brecht’s appointment to the posi
tion is a temporary one.
Laura Jones, University of Al
aska registrar, will visit the Pal
mer High School on Monday,
October 29 and talk with stu
dents of the upper classes in re
gards to furthering their educa
tion after leaving high school.
Edison L. Thuma, son of Mr.
and Mrs. Harold Thuma of Pal
mer, has enrolled for the ^all
semester at Park College, Park
ville, Missouri. Thuma, entering
his senior year at Park, is a
member of the Lancelot-Elaine
club, one of the four brother
sister social clubs on the campus
of the 81-year-old institution.
Forester Bill Adams of the
Palmer Fire Guard Station left
for Plains, Montana this week
to join his family who were ;
called Outside because of the
illness of Mrs. Adams’ father.
The family plans to return to
Palmer the first part of January,
Ted Freeman of the Fairbanks
Soil Conservation Service office,
is in Palmer for a three day con
ference at the Palmer SCS office.
Freeman is in charge of SCS
work in the Fairbanks area.
William Sweetman of tde Ex
periment tSation will attend a
■ regional committee meeting at
; the state college in Ames, Iowa
next week where a discussion of
dairy breeding will be conducted.
Representatives will attend from
! Michigan, Minnesota, Wisconsin,
Ohio, North and South Dakota.
Through this type meeting ex
periment stations are able to
! avoid over-lapping work being
done in the States which might
apply to Alaska.
Lew Hanks, Extension Service
district agent in the Matanuska
Vailey and Arthur Buswell of;
; the University of Alaska, will
] shortly contact farmers of the!
Tanana and Matanuska vallies
on plans for the next annual
Farm Forum. W. E. Peterson,
Wisconsin dairy man, has been
invited as one of the Forum’s
featured speakers.
Mrs. Helen Scott is leaving
Palmer tomorrow for Denver,
Colorado where she plans to
spend the winter visiting her
daughter, Mrs. Yvonne Meier.
She plans to return to the Val
ley in the spring.
Members of the PHS football
squad will be honored at a ban
quet to be held at the high
school next Friday, Nov. 2. The
banquet is being planned by
the team and members of the
Pep Club. Following the banquet
a Halloween dance will be held,
beginning at 8 p.m The student
council is sponsoring the dance,
and members of the Junior class
will operate a refreshment con
cession.
Mayor Charles Wilson will go
to Juneau Oct. 30 to attend a con
ference on Soil Conservation
Service. Mayor Wilson is terri
torial conservationist. While in
Juneau he plans to represent the
Cilty at the League of Alaskan
Cities convention being held in
Ketchikan November 1, 2, and 3.
m
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!
MATANUSKA VALLEY BANK
Daily 10 A.M. - 3 P.M.
Open Thursday Evenings 6*8 PJd,
PALMER. ALASKA
1
SPECIAL
PRICES GOOD
OCTOBER 26
through
NOVEMBER I
MARTINELLIS
Apple Cider
CAMPBELL’S
Tomato Juice
SUNNY JIM — FRESII
Peanut Butter 2 99c
NALLY’S — PURE
Mayonnaise *. 79c
HUNT’S — SOLID PACK
Tomatoes "•■ft 65c
“OLD SOUTH
Juice
” — BLENDED
ORANGE &
GRAPEFRUIT
ROSEDALE—ALL GREEN, CUT — NO. 300 g |
Asparagus Spears 59c
Free Orchids
FOR THE LADIES
Sal., Oct. 27
HUNT’S — BARTLETT
Pears
No. 3C0
2 for 51c
LIBBY’S — GOLDEN CREAM STYLE
Corn No. 303 4 f0r 87c
PILLSBLRY — WHITE ANGEL FOOD
Cake Mix ,6n.2 hr99c
FRESH FROZEN
Slewing Beef lb.51c
FRESH—NEVER FROZEN
Slewing Hens 45c
“Matanuska Maid”
Ice Cream
M.V.F.
C.A.
CO-OP TRADING POST
“YOU GET THE
MOST AT
THE TRADIHG POST”