MONDAY. JULY 1. 1963
A 3
99
(THE STORY OF A SAVINGS ACCOUNT)
MEDFOHD MAIL TRIBUNE. MEDFORD. ORLGON
by JC
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ijS Qnducotion -'j
7 VJrjiWfFXI an ent t
P ' ' ' reti !- 1
: h'9hder 5Qn -'-age
JCF
"? Where the investors received dividends amounting to $429,714.26
for the period ending June 30, 1963!
. SEMI-ANNUAL
FINANCIAL STATEMENT
ASSETS
JUNE 30, 1963
First Mortgage Loans $21,173,323.05
Conventional Loans $15,764,807.27
FHA Insured Loans 3,687,259.03
V.A. Insured Loans 1 ,72 1 ,256.75
Loans on Savings Accounts 34,234.69
Other Loans 24,873.21
Properties Sold on Contract -- 151,779.76
Real Estate Owned and in Judgment 1 5,892.83
Investment and Securities 357,984.92
United States Government Bonds 2,046,063.94
Cash on Hand and in Banks - 447,883.56
Office Building and Equipment 448,254.81
Deferred Charges and Other Assets 8,962.58
$24,709,253.35
LIABILITIES
Savings Accounts -..$21,435,145.88
Loans in Process 636,742.97
Other Liabilities 351,645.30
Specific Reserves 53,926.17
General Reserves 1,999,492.07
Surplus 232,300.96
$24,709,253.35
OFFICERS
H. J. FIELD .-President
J. H. PLETSCH Executive Vice-President
GLENN O. TAYLOR . Vice-President
JOHN P. MOFFAT Vice-President
IRENE J. CHILDS Secretary
JOSEPH M. BUTLER Assistant Secretary
and Manager of Ashland Branch
KATHRYN J. SOUTH ....Assistant Secretary
GLENN O. TAYLOR Attorney
DIRECTORS
GLENN O. TAYLOR 2 East Main Street
H. J. FIELD Norfield Shoe Co.
J. H. PLETSCH 2 East Main Street
JOHN P. MOFFAT Mann's Dept. Store
SETH M. BULKS Pacific Power & light Co.
GLENN HARRISON Bear Creek Orchards
FLOYD C. VOGEL California-Pacific Utilities
Ashland
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Jackson County Federal Savings & Loan Association
Home Office -2 E. Main, Mcdford
Ashland Branch -337 E. Main, Ashland