The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
ANNUAL REPORT
on the
Building and Loan Associations
of the
State of California
by the
BUILDING AND LOAN COMMISSIONER
In accordance with an Act of the Legislature, approved April 5,1911
His Excellency WILLIAM D. STEPHENS, Governor of the State of California
August 10, 1 9 1 8
CALIFORNIA STATE PRINTING OFFICE
SACRAMENTO
1918
40290
REPORT
OP THE
BUREAU OF BUILDING AND LOAN SUPERVISION.
Office
of the
B uilding and L oan Commissioner ,
S a n F rancisco, August 10, 1918.
To His Excellency, W illiam D. S tephens , Governor of California.
S ir :
In compliance with the requirements of the Building and Loan
Commission Act, I have the honor to submit for your consideration the
Twenty-fifth Annual Report of this department, relative to the opera
tions and conditions of the building and loan associations of California,
for the sixty-ninth fiscal year, ended June 30, 1918.
F or the first time for several years there has been neither an increase
by the formation of new associations nor a decrease by any retirements
from the active roll.
The same 86 associations shown in the report for
the sixty-eighth fiscal year are represented in the tabulations and calcu
lations herein presented.
The gross assets of all the associations now appear to aggregate
$37,120,998.91— a net increase of $1,192,552.07— the larger percentage
of which is represented by an increase of $1,100,035.87 in the loans
upon real estate and stock security.
The schedule of “ Distribution of Assets by Counties” shows that in
16 counties 63 associations made an increase of $1,408,040.68 and that
11 counties with 23 associations show a decrease of $215,488.61.
From an examination of the schedule of “ Changes in Assets and
Liabilities” it will be noted that of the assets only Cash in H and and
Arrearages show a decrease, and of the liabilities only Installment
Shares, Dues and Profits, Bills Payable and Loans Due and Incomplete
have decreased in volume— all other features showing an increase.
W ith the decrease in the Dues and Profits to the credit of installment
shares there follows a decrease in the number of members, but with a
slight increase in the number of holders of investment certificates,
leaving a net decrease of members and investors of 1818.
W ith the material increase of the amount to the credit of Paid-up and
Prepaid Shares t M average investment per member and investor now
appears as $825.33, or an average increase of $91.55 each.
The number of borrowers is reported as 21,023— an increase of 724,
with an average loan to each of $1,605.33.
Sixty-one associations report holding 316 pieces of real estate with a
book value of $1,400,275.65.
O f this $191,476.31 is represented by the
4
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
office buildings purchased and owned by seven associations.
The bal
ance, $1,208,799.34, represents 309 pieces acquired as the result of the
failure of borrowers to continue their periodical payments in accordance
with the terms of the contracts entered into upon obtaining their loans.
The aggregate value, above noted, represents an increase of $271,812.01
in excess of the reported value of the holdings at the date of the previous
reports made to this office.
The reports from which these tabulations
are made show that sales of the holdings of previous reports amounting
to $631,719.04 were made during the past year.
The book value o f the
real estate above noted is the equivalent of 3.77 per cent of the gross
assets.
The Reserve and Undivided Profits nowr aggregate $1,469,786.92, the
equivalent of 4.44 per cent of the amount of the average of all loans
in force for the year, or 4.49 per cent of all credits to members and
investors other than the holders of guarantee stock, the principal and
surplus of which, amounting to $1,252,709.80, is a further guarantee to
investors in associations issuing that class of stock.
The net profits reported amount to 6.964 per cent o f the average loans
in force for the year, or 7.889 per cent of the Dues Capital, and the
operating expenses were respectively 1.229 and 1.392 per cent, or 14.720
per cent of the gross income.
The payments made to members and investors on account of with
drawals during the year summarize as follow s:
On account of dues and invested capital________________ _
On account of profits apportioned_______________________
$8,346,670 00
2,097,200 00
An aggregate of----------------------- , -----------------------
$10,443,870 00
or more than 29 per cent of the total assets of all the associations at
the beginning of the year.
LO A N IN G R A T E S .
The 86 associations have 14 different loaning rates distributed as
follows:
45 associations loan
24 associations loan
8 associations loan
9 associations loan
at
at
at
at
7% and 4 varying fractions.
8% and 2 varying fractions.
9% and 9.60%.
10, 10.20, 10.60 and 10.80%.
Several have two or more rates at which loans are made, depending
upon locality, security and amount of loan.
The mean average of all
the above rates is 8.09 per cent, but this mean average can never be
accurately realized unless tbe volume of loans at each of the various
rates shall be practically the same.
I f the volume of loans at the higher
5
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
rates exceeds that at the lower rates the realization will exceed the
mean average rate, and vice versa if the volume at the lower rates
exceeds that of the higher, the average rate of realization will be less
than the mean average of all the rates.
The gross income from interest, reported during the past fiscal year, is
the equivalent of 8.265 per cent of the apparent average volume of loans
in force for the entire year, being .175 of 1 per cent in excess of the
mean average of the above rates, indicating that the larger volume of
the loans bear a rate in excess thereof.
Elsewhere the apparent gross income is calculated as being 8.349 per
cent of the average volume of loans in force for the year.
This is .084
of 1 per cent in excess of the interest collections, presumably covering
income realized from other sources.
It is interesting to note the result
of these calculations when assembled.
Mean average interest rate------------------------------------------------Income from Interest collections__________________________________
Apparent gross Income-------------------------------------------------------
8.000%
8.265%
8.341>%
D IV ID E N D R A T E S .
The rates of dividend distributed to installment shares cover even a
wider range than the rates of interest at which loans are made, there
being 21 different rates ranging from 5 to 13 per cent, distributed as
follows:
7 associations paid 5, 5$ and 5|%.
-g> associations paid 6, 04, 6.83, 6| and 6f%.
25 associations paid 7, 7.20, 7| and 7.90%.
9 associations paid 8, 8§, 8.70, 8.75 and 8.90%.
1 association
paid 9.50%.
2 associations paid 10%.
1 association paid 12%.
1 association paid 13%.
The mean average of all the above dividend rates distributed to
installment shares for the past year is 6.85 per cent.
The rates paid to holders of fully paid up shares and certificates,
which comprise much the larger investment, ranges now from 5 to 6
per eent.
It will be observed elsewhere that the apportionment of dividends to
the several classes of investment, during the past year, has been as
follow s:
To
To
To
To
installment shares_________________________________________ $859,575
fall-paid shares ------------------------456,547
investment certificates--------------------------------------------- 628,128
guarantee stock__________________________________________ 121,713
57
74
03
13
6
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
D O M E S T IC A S S O C IA T IO N S .
Active roll June 30, 1917-------------------------------------------------------------------New associations licensed -------------------------------------------------------- none
R e tire d ________________________________________________________________ none
Active roll June 30, 1918------------------------------------------ ------------------------In liquidation—
Mission Home and Loan Association, San Francisco; Continental Building
and L-oan Association, San Francisco; State of California Building and Loan
Association, San Diego; Benicia Building and Loan Association, Benicia____
80
80
4
90
Total
F O R E IG N A S S O C IA T IO N S .
The only foreign association thus fa r licensed in this state is the
Western Loan and Building Company of Salt Lake City, Utah, the con
dition of which is shown on last page of appendix.
C H A N G E S IN A S S E T S S IN C E 1905.
The changes in assets, as well as in the total roll and number report
ing since 1905, are as follow s:
Total
roll
Yea is
1906 .................................................
1907 ................................-................
1908 ...................................................
1909 ...................................................
1910........ ..........................................
1911 __________________________ _____
1912...................................................
1913 ...................................................
1914...................................................
1915...................................................
1916...........: ......................................
1917...................................................
1918...................................................
131
125
120
120
113
105
107
98
97
97
96
91
90
Number
reporting
Assets
Increase
106 $19,228,938 88
107 19,522,896 86
107 19,635,657 94
105 20,228,116 40
107 21,255,176 49
96 23,340,012 38
91 24,866,571 97
m
28,316,021 97
92 29,515,762 57
30,441,084 03
m
m
32,794,018 18
86 35,928,446 84
86 37,120,998 91
$293,957 m
112,761 08
502,458 46
1,027,060 09
2,084,835 89
1,526,559 59
3,449,450 00
1,199,740 60
925,321 46
2,352,934 15
3,134,428 66
1,192,552 07
The California business of the above named fordgn association, aggregating $215,871.35, Is not
included In the tabulations of the assets and gains o f the 86 California associations, but is taken
into consideration In the fixing of the annual license fees for the support of this office.
A S S E T S AN D
L IA B I L I T I E S .
Assets.
Loans on mortgages and stock---------------------------------------------Arrearages---------------------------------------------------------------------Cash in office and bank------------------------------------------------------Real estate owned-------------------------------------------------------------Furniture and fixtures-------------------------------------------------------Advances— ledger accounts ------------------------------------------------Other assets— including $190350 Liberty Bonds----------------------Total assets__________________________________________________
$33,749,011
171,840
1,144,179
1,400,275
45,262
250,329
360,101
26
01
46
55
25
00
38
$37,120,998 91
7
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
Liabilities.
Guarantee stock— ca p ita l_________ „ ______________________________
Guarantee stock— surplus --------------------------------------------------Installment shares— dues ---------------------------------------------- •
____
Installment shares— profits ------------------------------------------------Paid-up and prepaid shares— capital--------------------------------------Paid-up and prepaid shares— dividends-----------------------------------Investment certificates— principal ------------------------------- ..-------Investment certificates— dividends -------------------------------Advance payments----------------------------------Overdrafts and bills payable------------------------------------------------Reserve and undivided profits-----------------------------------------------Loans due and incomplete---------------------------------------------------Sundry ledger accounts-----------1------------------------------------------All other liabilities________________________________________________
Total liabilities _____________________________________________
1,058,518
226,567
10,501,907
3,144,621
6,952,997
369,472
11,267,028
384,466
41,488
829,647
1,469,786
450,290
288,023
51,187
48
08
26
78
16
48
83
21
94
75
92
88
25
44
$37,120,998 91
R E C E I P T S AN D D IS B U R S E M E N T S .
Receipts.
Balance from last report________________________________ * __* _____
Guarantee stock ---------------------------------------------------------------Installment shares— d u es _________________________________________
Paid-up and prepaid shares— dues----------------------------------------Investment certificates------------------------------------------------Interest--------------------------------------------------------------------------Premiums-----------------------------------------------------------------------F in es______________________________________ .---------------------------Fees --------------Loans repaid _____________________________________________________
Overdrafts and bills payable----------------------------- ------,-----------Advances repaid— personalaccounts----------------------------------------All other receipts----------------------------------------------------- --------Total receipts i -----------; ----------------------------------------------Disbursements.
Overdrafts and bills payable------------------------------------------------Loans on mortgages and shares------------------------------------Interest paid -----------------------------------------------------------------Dividends on guarantee stock— '--------------------------------------------Dues repaid— installment shares------------------------------------------Profits repaid— installment shares-----------------------------------------Paid-up and prepaid shares— capital--------------------------------------Paid-up and prepaid shares— dividends-----------------------------------Investment certificates— principal ----------------------------------------Investment certificates— dividends----------------------------------------Advances— personal accounts-----------------------------------------------Salaries __________________________________________________________
Taxes -------------------------Other expenses--------------- ’------------------------------------------------All other disbursements-----------------------------------Balance— cash in office and bank-------------------------------------- —
Total disbursements
$1,760,910
103,995
3,653,982
1,963,871
3,937,307
2,702,302
32,954
20,368
11,086
10,256,519
1,278,905
196,653
698,5۩
87
30
86
85
54
39
83
04
95
98
53
93
87
$26,617,409 94
1,245,545
11,567,179
57,026
85,128
3,935,613
1,050,458
873,608
356,942
3,537,424
604,671
448,331
224,854
51,766
181,972
1,252,709
1,144,179
44
83
81
97
67
67
48
64
16
44
69
42
61
85
Ml
46
$26,617,409 94
8
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
C H A N G E S IN A S S E T S AN D L I A B IL I T I E S .
Assets.
Increase
Loans on m ortgages and stock.................................. $1,100,035 8?
Arrearages ___________________________________________ .....................
Cash in office and bank_______________________________
Real estate owned___________________________________
271,812 01
Furniture and fixtures_______________________________
17,439 21 ,
Advances—ledger accounts .................................... —
69,562 68 :
Other assets, including $190,850.00 L ib erty Bond§____
353,338 81
Net increase _____________________________________
Decrease
$7,798 10
611,836 41
$1,192,552 07 *
Liabilities.
$102,242 93
Guarantee stock—capital ............ .......... ........... ........
51,804 15
Guarantee stock—su rp lu s ...... -...................... ........
Installm ent shares—d u e s ______________________
Installm ent shares—profits -..............................
1,184,185 20
Paid-up and prepaid shares—ca p ita l__________ ........
68,907 02
Paid-up and prepaid shares—dividends........... _____
Investment certificates—principal ......... .......... ........ i
326,657 92
64,332 74
Investment certificates—d iv id e n d s ______ ______ ........ j
11,482 22
Advance payments ............ ................................. ........ 1
__ ___________
O v e r d r a f t s a n d b i l l s p a y a b l e -------------------- ...
83,086 26
Reserve and undivided profits----- ----- ------ — ........ |
Loans due and incomplete............... ....... ...........
147,652 48
Sundry ledger accounts----- ---------- ------ -------- _____ j
A ll other liab ilities......... ................................. ........ 1
12,736 92
Net increase ................................................. ........ i $1,192,552 07
308,198 83
94,577 25
•2,985 72
454,773 97
9
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
D IS T R IB U T IO N O F A S S E T S B Y C O U N T IE S .
C
ounties
Alameda ------ -----------Fresno .................. ........
Humboldt ............ ........
Kern ........ —..................
Los Angeles ..................
Madera ..........................
Marin ............................
Merced ------ ----- --------Napa ............ .................
Orange ...........................
P l a c e r ........................... .
Riverside ......................
Sacramento .................
San B ern a rd in o.............
San Diego _____ _____ —.
San Francisco ........ .....
San Luis Obispo......... San Joaquin .................
San M a t e o ........-...........
Santa Barbara ________
^anta Clara .................
Santa O r u z ............ .......
Solano ........ ..... .............
Sonoma ............... -........
Tulare _________________
Ventura ..... .............. .....
Voio ...............................
um
Associa N ber
report
tions
ing
$1,280,700 68
147,506 60
27,888 07
572,556 76
17,161,940 49
37,864 58
242,479 16
167,025 02
270,465 52
1,228,553 35
59,524 82
182,005 29
445,444 06
2.614,065 47
543,628 88
4,398.274 75
196,457 74
2,149,173 62
467,367 43
1,165,542 46
2,513,995 56
36,950 62
10,522 86
190,131 84
452,959 66
521,667 13
36,306 49
15,915 34
881,671 45
5,189 91
__ . ______ . __
21,347 13
9,455 06
__ ..._________
4,943 27
_____________
35,394 80
58,351 63
.....__ _______
52,653 57
__ ___________
184,672 35
__ ___________
41.100 46
27,599 81
......... ...........
1,151 38
............ ........
......
10,538 72
6,499 75
86 137,120,998 91
$1,408,040 68
7
7
1
1
2
1
1
1
1
2
1
1
1
I
3
3
i
i
3
1
1
3
1
2
1
1
2
1
1
4
3
3
20
2
20
2
3
3
2
2
6
1
1
2
2
2
6
1
1
2
3
3
1
1
1
1
86
Twenty-seven counties,
net in c re a s e ......... .....
Increase
.
D
ecrease
$51,556 05
.
1,192,552 07
$23,069 48
2,103 81
25,987 95
52,674 42
1,502 93
20,993 70
5,314 75
27,919 83
1,327 24
5,244 59
49,349 91
$215,488 61
10
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
S T A T IS T IC A L IN FO R M A T IO N .
Number of members— Male, 17,301; female, 11,343; total_____________
Number of investors— Male, 7,122; female, 4,043; total_______________
28,044
11,705
40,409
Total members and investors---------------------------------------------Average investment, including accumulated earnings---------------------$825.83
Number of borrowers--------- ,---------------------------------------------------21,023
Average amount of each loan--------------------------------------------------$1,005.33
Number of new mortgage loans for year------------------------4,041
Number of new share loans for year_________________________________
876
Number of building loans for year--------------------------------------------1,210
Total number of building loans to date--------------------------------------49,238
Percentage of new loans to loans in force-----------------------------------34.27%
Percentage of loans repaid------------------------------------------------------26.38%
Mean average of interest rates in force--------------------------------------8.09%
Average of interest collections reported--------------------------------------8.265%
Apparent gross income to average loans in force---------------------------8.349%
Shares in force last report------------------------------------------------------373,546
Shares issued since last report------------------------------------------------56,466
Shares canceled since last report-----------------------------------------------68,800
Shares in force this report-----------------------------------------------------361,212
Investment certificates in force last report---------------------------------- .
110,797
Investment certificates issued since last report-----------------------------35,455
Investment certificates canceledsince last report---------------------------32,561
Investment certificates in force this report-----------------------------------113,691
Number of associations owning real estate-----------------------------------61
Number of pieces of real estate owned-----------------------------------------*
316
Number of associations owning own office buildings----------------------7
Book value of all real estate owned------------------------------------------- $1,400,275.65
Reserve and undivided profits-------------------------------------------------- j •1,469,786.92
Guarantee capital and surplus--------------------------------------------------- 1,280,085.56
Aggregate surplus for protection of members and investors--------------- 2,749,872.48
Net Profits.
Net profits reported for year------------------- -------------------------------- $2,304,821.42
Percentage to average loans in force-----------------------------------------6.964%
Average for past 12 years------------------------------------------------------6.947%
Percentage of average investment---------------------------------------------7.120%
Average for past 12 years------------------------------------------------------7.418%
The dividend rate to installment shares ranges from 5 to 13 per cent
per annum— only seven associations paying less than 6 per cent— with
6.850%
a mean average rate of-------------------------------------------------------The amount of dividend apportioned to installment shares was_______ $859,575.57
To full paid shares--------------------------------------------------------------456,547.74
To investment certificates-----------------------------------------628,128.03
S A L A R IE S , T A X E S AN D O T H E R E X P E N S E S .
kTM i
Atm
Amount
Salaries ______
Taxes ............ Other expenses
T o ta ls ..................................... -...............................
Percentage at last report.
j
Percentage to
)oans | force
n
$224,854 42 j
51,766 61 1
181,972 85 ■
0.679
0.156
0.550
$458,393 88 '
1.385
1.312
11
RETORT ON BUILDING AND LOAN ASSOCIATIONS.
O P E R A T IN G E X P E N S E S T O LO A N S.
The element of taxes, while an expense that is a necessity and must
be met, is not within the control of the management, hence must be
eliminated in order to determine the real operating expenses, which
then appear as follows:
For salaries-----------------------------------------------0.019%
For other expenses-------------------------------------------------------------0.530%
T o ta l-----------------------------------------------------------------------
1.229%
upon the average loans in force for the year, as against 1.145 per cent
for the year ending June 30, 1917.
O P E R A T IN G E X P E N S E S T O
D U E S C A P IT A L .
Based on the average of dues capital paid in on all classes of shares
and certificates, the salaries and other operating expenses show the
following percentages;
For salaries -----------------------------------------------------------------For other expenses----------------------------------------------------------
0.700%
0.023%
Total ______________________________________________________
This percentagein last report was-----------------------------------------
1.302%
1.418%
G R O S S IN C O M E AN D P E R C E N T A G E O F E X P E N S E S T O IN C O M E.
The percentage of the gross income of all the associations to the
average volume of “ Loans in Force” can be very closely approximated
as follows:
1
1918
j per cent
Net profits reported as above.........................
Tuxes p a id ..........................................................
Operating expenses..................... ....... ..............
Apparent gross income............ -.................
Ratio of operating expenses to gross income—
1
1
6.964
0.156
1.229
1817
per cent
7.353
0-167
L145
1916
per cent
7..W
2
0.205
1.268
8.349
8.665
8.865
14.720
13.214
14.387
G R O S S IN C O M E A N D P E R C E N T A G E O F E X P E N S E 8 T O D U E S C A P IT A L .
Based upon the “ dues capital” in force for the year, exclusive of
profits or dividends credited or paid, the apparent percentages are as
follow s:
1918
per cent
Net profits reported....................................... ........—
Taxes p a id ..... ......................................................... ....
Operating expenses....................................................
7.889
0.177
1.392
1917
per cent
1916
per cent
8.354
0.207
1.418
8.765
0.243
1.508
Apparent gross ineome__________________________
9.458
9.979
10.516
R atio of operating expenses.......................................
14.718
14.209
14.340
_______ _—
12
REPORT ON BUILDING AND IX1AN ASSOCIATIONS.
A S S O C IA T IO N S H A V IN G A P A ID IN G U A R A N T E E C A P IT A L .
Associations
Central ........ -..........
Berkeley Home_____
Corona Mutual_____
B an kers...... ............
F id e lit y ____________
State M u tu a l_______
Southern California
M u tu a l.....................
O ra n g e ........ -...........
P a lo A lto M utual...
C alifornia Security.
Pasadena __________
Home Builders______
Home Investm ent—
C alifornia Home___
Home Mutual_______
Santa Cruz County.
S e c u r it y ..... ........ .
V a lle jo .....................
Northern California
Location
Assets
Alameda ________
B e r k e le y ............
Corona ________
Los Angeles_____
Los Angeles........
Los Angeles_____
Los Angeles_____
Long Beach........
Orange ............ .
P alo A lto _______
Pasadena ...........
Pasadena _______
Pomona ___ ._
Redlands ...........
San Francisco...
Han Franeiseo...
Santa Cruz______
Stockton
Vallejo
Woodland ______
20 associations..
Capital
paid in
$304,378
60,225
44,755
28,038
7,834,938
4,147,115
950,118
509,057
586,655
534,951
1.056,055
248,395
736,788
740,494
652,678
261.062
36,950
295,855
10,522
36,306
$15,554
16,100
5,000
16,138
220,978
200,000
51,000
40,000
25,000
30,750
100,000
9,000
100,000
100,000
37,500
25.000
21.700
25.000
4,159
10,639
$19,075,335 $1,053,518
Surplus and
reserve
$7,835
1,207
500
475,000
123,017
23,633
4,000
12,773
4,170
12,129
6,085
15.000
20.000
Rate of
dividend U
instaUiueu
shares,
per cent
6
6
6
6
1
2
71
8
7
m
6
6
7
10
7
7
9,769
15,923
6
2,021
7
3.642
■
303
6,033
6
6
$743,040 av. 7.03
A S S O C IA T IO N S IN L IQ U ID A T IO N .
A t the date of the Twenty-fourth Annual Report there were five
associations in process of liquidation.
The affairs of the “ Fairm ont”
of San Francisco are now reported as finally closed and that name has
now been dropped from the rolls of this office.
The “ Mission Hom e’ ’ of San Francisco— in voluntary liquidation—
still has two pieces of real estate to be disposed of and as soon as this
can be accomplished its affairs will be speedily closed.
The “ Continental” — in bankruptcy under the jurisdiction of the
United States District Court— is apparently being liquidated by the
“ trustee” as speedily as conditions will permit.
Because of the inability of the receiver to dispose of real estate hold
ings of the “ State of California M utual” of San Diego, at satisfactory
prices, no progress has there been made tending to a final settlement
of its affairs.
In the matter of the “ Benicia Building and Loan Association,” of
Benicia, in liquidation by this office, the necessity of being obliged to
institute proceedings in foreclosure of the security held for one loan
has delayed the final settlement.
claims has been distributed.
Thus far 61 per cent of the allowed
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
13
L I B E R T Y BO N D S.
A t the dates upon which the fiscal years of the several associations
ended, and their reports were made to this office, 33 associations had
then acquired $190,850.00 Liberty Bonds.
Several associations had
entered their further subscriptions, but the deliveries had not been made.
Other associations have made subscriptions to the third loan since the
filing of their annual reports, the several amounts of which will not
appear of record until their reports for the seventieth fiscal year are
filed in this office.
While, as before stated, no new associations have been formed during
the past fiscal year, there have been numerous inquiries for the laws
and for the instructions and regulations established therefor by this
office.
A ll information and assistance asked for has been freely given,
and where the locality from which it originated would seem to indicate
that a new association could be successfully operated, the formation of
such an one has been freely encouraged, and it is quite possible that
several may materialize at an early date, and such assistance as is com
patible with existing laws and conditions will be cheerfully accorded
upon application.
It is impossible under existing law's to determine the exact gross assets
of all the associations of the state as of any particular date, because of
the requirement that their reports shall be made to this office as of the
close of their several fiscal years, hence the tabulations and the calcula
tions therefrom may perhaps not be quite as accurate and satisfactory,
from a statistical point of view, and they could be made if these reports
w'ere made and filed in this office as of a specific date; but unless the
fiscal year of every association ended as of that specific date reports
made as of that date w'ould not, for any purpose beyond the determina
tion of the exact assets and liabilities, be as complete and satisfactory
as where they contain the entire business of a regular fiscal year,
including the apportionment of the profits for the year and the annual
closing of the books.
For the purpose of keeping in closer touch with
the affairs of the several associations and the immediate checking up of
the reports as they arrive, the above disadvantage of the existing law'
can hardly he looked upon with material disfavor.
14
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
C O N C L U S IO N .
The appendix to this report, when published, will contain the usual
condensed reports of each association as of the close of its fiscal year,
with the book and withdrawal values at annual periods, of the shares
of serial associations, and the dues, dividend rate, book and withdrawal
values of the permanent or “ D ayton” plan associations, arranged
alphabetically both as to location and name, closing with the last report
of foreign associations.
It will also contain a detailed statement of the
receipts of this department, as required by law, and the names and
addresses of the several secretaries, arranged alphabetically, by cities
and towns.
Respectfully submitted,
G EO . S. W A L K E R ,
A ttest:
J. L. F ields, Secretary.
Commissioner.
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
15
STATEMENT OF RECEIPTS ON ACCOUNT OF LICENSES
AND ASSESSMENTS FOR EXPENSES.
F isca l Y e a r Ending June 30, 1918.
Associations
Central Loan Association........................................
Columbian Mutual Building and Loan Assn.........
Savings Loan and Building A ssociation.................
Kern County Mutual Building and Loan Assn----People’s Mutual Building and Loan Association..
Berkeley Home Investment Association.................
Corona Mutual Building and Loan A ssociation .._
Escondido Mutual Building and Loan Association
Fortuna Building and Loan A ssociation ....... .......
Mutual Building and Loan Association___________
Liverm ore Mutual Building and Loan Association
Mutual Building and Loan A ssociation ................
Home Investment Building and Loan Association.
M etropolitan Loan Association....................... .......
Southern California Loan Association______ _____
F id elity Savings and Loan Association----- --------State Mutual Building and Loan Association........
Bankers Guardnty-Loan C om pan y......... ........... .
Los Gatos Building and Loan Association............
Madera Mutual Building and Loan A ssociation ...
Merced Mutual Building and Loan Association___
Tam aipais Mutual Building and Loan Assn...........
Napa Building and Loan Association........ .............i
Newcastle Building and Loan Association............ I
Alameda County Loan Association.................. ..... j
Cosm opolitan Mutual Building and Loan Assn...
People’s Mutual Building and Loan A ssociation ...
Orange Building and Loan Association..................
P alo A lto Mutual Building and Loan Association.
Pasadena Building and Loan Association........ .....
C alifornia Security Loan Company........................
Paso Robles Mutual Building and Loan Assn-----Petaluma Mutual Loan Association---------------Pleasanton Mutual Building and Loan Assn.........
Mutual Building and Loan Association------------Home-Builders Loan Association__________________
P o rterville Mutual Building and Loan Assn.......
San Mateo County Building and Loan Assn-------Home Investment A s s o c ia tio n ------------------------Riverside County Mutual Building and Loan Assn.
Sacramento Building and Loan Association------Santa Fe Building and Loan A ssociation..............
San Diego Building and Loan A ssociation---------Silver Gate Building and Loan Association...........
Argonaut Mutual Building and Loan Association
Bay C ity Building and Loan Association..............
Bay View Building and Loan Association..............
C alifornia Home Building-Loan Company............
C alifornia Mutual Savings Fund Loan and Build
ing A s s o c ia tio n ..... ................................................
Citizens Building and Loan Association----- ------Empire Building and Loan Association-------------Eureka Building and Loan A ssociation------------F id elity Building and Loan Association........... .
Franklin Mutual Building and Loan A ssociation..
Location
Amount
$74 70
Alameda ............
Alameda .......
47 16
Anaheim ............
35 94
Bakersfield ........
I l l 95
51 67
Bakersfield ........
Berkeley ............
10 00
13 42
Corona ..............
Escondido ______
10 00
Fortuna ............
10 00
Fresno _____
49 69
Liverm ore ______
10 20
Long Beach........
102 73
Los Angeles_____
14 45
77 79
Los Angeles_____
Los Angeles........
276 81
Los Angeles_____
2,076 28
Los Angeles........
1,286 70
Los Angeles........
10 00
10 00
Los Gatos--------M a d era ................
11 07
'Merced ...............
43 54
M ill V a lley .........
15 78
78 18
Napa ..................
Newcastle . . . . ___
16 35
Oakland ..........
163 15
Oakland ............
45 60
Ontario _________
171 44
O r a n g e ......... .....
175 10
P alo A lt o .............
157 59
Pasadena _______
55 58
Pasadena _______ I
28188
Paso Robles______ I
1000
1620
Petaluma _______ !
Pleasanton _____ .
1000
P o m o n a _________
323 70
P o m o n a __________I
194 16
P o rte rv ille _____ ;
28 40
112 60
Redwood C ity ___
R edlan ds.............
183 18
Riverside _______
42 57
Sacramento ____
1® 00
San Bernardino..:
328 50
San Diego_______
89 33
San D iego........... .
71 73
San F ran cisco...
1364
San Francisco— j
19 35
San Francisco— |
1458
San Francisco—.I
200 22
San
San
San
San
San
San
Francisco__ j
Franeisco.._i
Francisco—J
Francisco__ I
Francisco—
Francisco—
19 77
156 90
16 82
13 23
55 29
68 28
.16
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
Associations
Location
Globe Mutual Building and Loan A ssociation____
Home Mutual Deposit Loan Company____ ________
Mechanics Building and Loan Association_______
Occidental Loan A ssociation...... .......... .................
Pacific Loan Association..................... ...................
Pacific States Savings and Loan Company________
Provident Mutual Loan Association______________
Progress Mutual Loan Association .......................
Union Loan Association...... ............... .............. .....
Western Loan Association............... _.......................
Mutual Building and Loan Association of San
Jose and College Park ........... ................................
Nucleus Building and Loan A ssociation_____ _____
San Jose Building and Loan Association____ , ____
Kan Luis Building and Loan Association..... ........
San Mateo Mutual Building and Loan Assn.......
Marin County Mutual Building and Loan Assn—
Home Mutual Building and Loan Association ......
Loan and Building Association...............................
Santa Barbara Mutual Building and Loan Assn...
Santa Clara Building and Loan A ssociation :........
Santa Cruz County Building and Loan Assn.........
Santa Paula Building and Loan Association........
Santa Rosa Building and Loan Association______
Sausalito Mutual Loan Association............... .......
San Joaquin Valley Building and Loan Assn.......
Security Building and Loan Association........... .
Stockton Land, Loan and Building A ssociation ...
Tulare Building and Loan Association..................
M agnolia Mutual Building and Loan Association.
V allejo Building and Loan Association.................
V isalia Building and Loan Association.................
Northern C alifornia Building and Loan Assn----Western Loan and Building Company............... —
San
San
San
San
San
San
San
San
San
San
Amount
Francisco...
Franeiseo.—
F rancisco...
Francisco...
Francisco...
Francisco... 1
Francisco... !
Francisco... •
Francisco...
Francisco..
38 37
75 75
25 80
23 34
1 24
1
402 06
50 61
0
17 1
13 08
23 82
San Jose____
!
262 25
San Jose......
!
75 24
San Jose......
!
166 44
San Luis Obispo.
48 73
San M ateo..
j
34 20
San Rafael—
!
45 40
Santa A n a...
165 20
Santa B arbara.. | 122 23
Santa Barbara. 1 211 10
Santa C lara____ :
72 78
Santa Cruz_____
1 48
1
Santa Paula___ !
152 13
Santa Rosa_____ i
39 09
Sausalito ______ !
n 70
Stockton .........
247 23
Stockton ______ t . 56 31
Stockton -------- 1 276 60
Tulare .............. 1
13 02
72 70
Upland ________
10 00
V a lle jo ..............
V isalia _________
107 97
Woodland _____
10 00
Salt Lake C ity .
32 65
$10,528 42
9 00
300 00
Agents’ licen ses.................
R evolving from last report
$10,837 42
Deposited with State Treasurer:
January 24, 1918, C ontroller’s Receipt No. 2086.
March 6,1918, C ontroller’s Receipt No. 2519----June 26,1918, C ontroller’s Receipt No. 3637...... .
$7,500 00
3,028 42
9 00
$10,537 42
1300 00
Balance to new revolvin g fund
S T A T E OF C A L IF O R N IA ,
C it y
and
County or San
l
F
r a n c is c o ,
J. L. Fields, Secretary for the Building
sworn, deposes and says the foregoing is a
fiscal year ended June 30, 1018, and of the
Subscribed and sworn to before me, this
G eo.
S,
W
alker,
Commissioner.
j
ami Loan Commissioner, being first duly
correct statement of the receipts for the
disposition of same.
ninth day of August, 1018.
J. L. FIE LD S .
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
17
SECRETARIES AND THEIR LOCAL ADDRESSES.
Location
Nam
e
H. Rosenthal_____
Fred A. Backs, Jr.
E. W. Spiers...... .
Arthur S. C rites...
F. H. Clark......... .
John P. Key...........
L. A. Cassou______
C. A. Friedenbaeh
Wick W. Parsons..
W. A. Bonynge____
Julius H. M artin ..
S. L. Roland______
C J. Wade............
G. H. W adleigh___
E. G. Angel 1
_______
W. S. Stevens_____
T E. Knox........ .
E. M. MeCardle___
J. H. Simonson___
Paul Helmore......
John N. Mount___
John Wallace .. . .
W. 8. Gould..........
C. P. H o a g ............
R. R. Read________
J. 0. Henderson...
Osman P i x l e y ___
Edward Jessurun.
E. D. H ill..............
A. J. M o rris..........
F. G. W etzel______
F. A. Cromwell___
T. H. S ilver_______
W. D. Frederick...
C. E. Greaser_____
C. O. Prem o______
J. Warren Smith..
H. W. Sehaberg—
E. L. C ovey...........
Frank Hickm an...
John F la g g ...........
J. R. Beardsley___
H. A. Croghan____
D. A. Steinbaugh..
Wm. E. Bouton___
B. Fedde ..............
B. M. GunzburgerJ
R. L. Handy...........
A. R. K noll............
R. F. Cassidy_____
W. S. P a rd y ..........
N, S tein b erg er___ !
B. M. Stich............
Fremont Wood ...
C. H. Johnson____ :
San Jose........... __! Ralph E. Sanders . 5
San Jose________ ' W. M. Sontheimer.
A lam eda..... ........
Anaheim _______
B akersfield.........
B akersfield______
Berkeley ............
Corona ......... .....
Escondido .........
Fortuna . . . .........
F re s n o __________
Los Angeles........
Los Angeles_____
Los Angeles_____
Los Angeles_____
Los Angeles^____
Los G atos_______
Long Beach.........
L iv e rm o re ...... ...
M a d e ra ____ _____
Merced _________
Mill V a lley ......... .
Napa .............. .
Newcastle ......... .
O a k la n d ________
O a k la n d ........... .
O a k la n d ________
Ontario ________
Orange _________
Palo A lto _______
Pasadena _______
Pasadena ...........
Paso Robles_____
Petaluma _______
Pleasanton ........
Pomona ________
Pomona ________
P o r t e r v ille .........
R ed la n d s ..... .......
Redwood C ity ___
R iv e rs id e ......... .
.Sacramento_____
San Bernardino..
San D iego...........
San Diego............
San Francisco___
San Francisco___
San Francisco___
San Francisco___
San Francisco___
San Franciseo___
San Francisco___
San Francisco___
San Francisco___
San Francisco___
San Francisco___ I
Asso
cia
tions
1
1
1
1
1
1
1
1
1
1
1
1
1
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
5
1
3
1
1
1
1
2
3
1
1
1
1
Address
2301 Central avenue.
Anaheim.
Producers Savings Bank.
F irst Bank of Kern.
105 Fed. R ealty Bldg., Oakland.
First N ational Bank Bldg.
Escondido Savings Bank.
Fortuna.
Bank o f Ita ly .
Commercial N ational Bank.
431 W. Fifth street.
508-9 T itle Insurance Bldg.
722 S. Spring street.
601 S. H ill street.
Los Gatos.
145 Broadway.
F irst N ational Bank.
Ma-dera Abstract Company.
Merced.
P. O. Box 575.
112 First street.
Newcastle.
1130 Broadway.
563 Sixteenth street.
88 Blake & M offat t Bldg.
235 N. Euclid avenue.
Orange.
259 University avenue.
18 N. Marengo avenue.
170 E. Colorado avenue.
First National Bank.
103 Main street.
Bank of Pleasanton.
260 S. Thomas street.
261 S. Thomas street.
305 Mill street.
Fifth and Citrus streets.
90 Broadway.
661 Eighth street.
724 J street.
367 E street.
940 Third street.
411 E street.
1208 Railroad avenue.
255 Montgomery street.
955 Market street.
1933 Ellis street.
206-7-8 H earst Bldg.
270 Bush street.
270 Bush street.
550 C alifornia street.
715 Olunie Bldg.
1933 Ellis street.
405 Pine street.
12 N. F irst street.
34 E. San Antonio street.
81 W. Santa Clara street.
18
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
Location
Nam
e
San Luis Obispo. M. Lewin ..............
San Mateo
C. H. K irkbride...
San R afael_______ T, A T.nneel
Santa Ana_______ 0. M. Robbins......
Santa Barbara— J. M. A b b o tt.........
Santa Barbara— J. M. W arren_____
Santa C lara_____ F. O. R o l l ........ .
Santa Cruz______ Geo. W. Wood
Santa Paula
H. H. Youngken...
Santa Rosa......... C. D. B arnett........
Sausalito _______
S to c k to n .......—
C. E. L ittle h a le ...
Stockton ________ 4 \f Noble
Stockton ________ F. L. W illiam s.__
T u la r e __________ J. L. W ilder
Upland ________
M. F Palmer
Vallejo ______ —
•T R. Wilson
.
V isalia ...............
Woodland
James L. H a re..-.
Salt Lake C ity .. John T. W hite......
Asso
cia
tions
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Address
702 Monterey street.
318 B street.
713 Fourth street.
115 W. Fourth street.
1016 State street.
Santa Barbara County Nat. Bk.
1129 Franklin street.
96 Paeific. avenue, room 14.
Santa Paula.
Fourth street.
Sausalito.
323 E. Weber street.
15 S. Hunter street.
26 N. San Joaquin street.
211 E. Kern street.
267 E. Ninth street.
318i Georgia street.
Visalia Abstract Company.
Beamer Block.
45-49 E. F irst South street.
APPENDIX
Detailed Statement o f the Condition
of the
Building and Loan Associations
of the
State of California
As compiled from the reports to the Commissioner for the
fiscal year ending June 30, 1918
ARRANGED ALPHABETICALLY BY CITIES AND TOWNS
21
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
BUILDING AN D LOAN ASSOCIATION S.
No. 1.
A LA M ED A . .
CENTRAL LOAN ASSOCIATION.
(In corp orated July 29, 1909.)
IL ItoHKNTiiAi., Secretary.
F. X. D elanoy , President.
Fiscal y ear ended June 30, 1918.
N o. o f series, none.
N o. of m em bers and investors, 300.
Assets.
Liabilities.
Loans, on mortgages_________ $283,752
Arrearages, on interest______
2,337
Cash in bank_______________
7.415
2,997
Real estate owned------------Furniture and fixtures______
1,148
Advances, ledger accounts___
726
Other assets, Liberty Bonds0,000
50 Guarantee stock, c a p ita l____ $15,554 00
47 Guarantee stock, surplus____
7,835 53
70 Installment shares, d u e s ____ 170,227 10
68 Installment shares, profits___ 29,855 97
80 Investment certificates, prin
17
cipal _____________________ 48,050 00
00 Investment certificates, divi
dends ____________________
911 17
Overdrafts and bills payable 20,500 00
Loans due and incomplete--11,082 83
Sundry ledger accounts-----8 82
All other liabilities, guarantee
dividends unpaid----------353 02
Total assets___________ $304,378 44
Total liabilities________ $304,378 44
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues_____
Investment certificates_____
In terest___________________
Loans repaid ______________
Overdrafts and bills payableAdvances repaid, personal ac
counts __________________
All other reee'pts, real estate
N o. of shares, 5,905.
Overdrafts and bills payableLoans on mortgages and
shares___________________
Interest p a id -----------------Dividends on guarantee stock
Dues
repaid,
installment
shares __________________
454 84 Profits repaid, installment
shares___________________
2,856 03
Investment certificates, prin
cipal _____________________
Investment certificates, divi
dends ___________________
Advances, personal accounts.
Salaries____________________
T a x e s ______________________
Other expenses --------------All other disbursements, Lib
erty Bonds, etc-------------Balance, cash in office and
bank_____________________
$2,057 42
50,225 07
14.500 00
17.964 95
25,447 03
67,500 00
Total receipts_________ $181,005 34
00,303 50
903 00
891 26
30.243 19
2,637 07
9,500 00
2,141 64
1.132 98
988 00
238 70
674 18
6,875 37
7,415 76
Total disbursements----- $181,005 34
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D ues 50 cents p er sh are per month.
Dividend, last fiscal year, 6 p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
$57,000 00
22
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 2.
A LA M ED A .
COLUMBIAN MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated July 18, 1893.)
It. I t
R ead,
Secretary.
Jam es K. L yn c h ,
Fiscal year ended
N o . o f series, 23.
President.
July 31, 1917.
N o. o f m em bers and investors, 258.
N o. o f shares, 2,949,
Assets.
Liabilities.
Loaus, on definite contract,
$132,984.19; on shares, $4,868.77; •on contract sales,
$2,931.74 _________________$140,784 70
Arrearages—
On shares ------- $1,260 30
363 29
On in te re s t____
On prem ium --3 40
-----------1,626 99
14,528 50
Cash in bank_______________
Advances, ledger accounts___
1,216 95
1,000 00
Other assets, bonds-----------
Installment shares, d u e s ____ $112,293 60
Installment shares, profits___ 22,707 55
6,923 26
Advance paym ents----------Overdrafts and bilb payable- 13,221 56
Reserve and undivided profits
3,231 92
Loans due and incomplete___
683 75
AH other liabilities, suspense
95 50
Total assets--------------- $159,157 14
Total liabilities_______ $159,157 14
Receipts for Fiscal Year.
Balance from last report----- $12,804
Installment shares, dues____
38,582
In te re s t------------------------10,707
Pines ______________________
77
F e e s ----------------------------12
Loans re p a id ------------------ 39,050
Overdrafts and bills payable.
2,378
Advances repaid, personal ac
counts ----------------------1,073
Disbursements for Fiscal Year.
91
80
17
13
00
11
30
Overdrafts and bills payable- 8,178
Loans on mortgages and
shares------------------------40,252
354
In terest p a i d ___________________
Dues
repaid,
installment
shares------------------------31,122
Profits repaid, installment
5,854
shares ------------------------47 Advances, personal accounts978
S alaries------------------------1,800
60
T a x e s ---------------------------Other expenses---------------555
All
other
disbursements,
1,000
bonds ___________________
Balance, cash in office and
bank
14,528
Total receipts------------ $104,685 89
04
95
36
58
28
79
00
60
79
00
50
Total disbursements___ $104,685 89
Value, and W ith d ra w a l Value.
Serial
No.
37—
39—
41—
43—
45—.
47__
49—
51—
53—
55—
Age to
months
120
108
96
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$120 00
108 00
$166
144
124
105
87
70
54
39
25
12
96
84
72
60
48
36
24
00
00
00
00
00
00
00
12 00
20
70
46
40
40
48
50
54
53
38
Withdrawal
value
$161 58
141 03
121 61
103 26
m 86
69 23
53 85
39 19
25 38
12 35
23
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 3.
A N A H E IM .
SAVINGS, LOAN AND BUILDING ASSOCIATION.
(In c orp orate d J an uary 8, 1887.)
F
ked
A. B
acks,
J r ., Secretary.
C . F . G r i m , President.
F iscal y e a r ended A p ril 30, 1918.
N o. o f series, 11.
N o. o f m em bers and investors, 175.
Assets.
Liabilities.
Loans, on mortgages, $100,100; on shares, $10,370— $110,470
Arrearages—
On shares______ $1,106 50
On interest_____
902 85
On fin e s _______
80 45
------------2,089
Cash in bank____________ »—
8,505
Advances, ledger accounts___
55
Installment shares, dues____$75,546 00
00 Installment shares, profits—
28,105 20
Investment notes, principal— 19,910 00
Advance payments_________
155 85
Overdrafts and bills payable1,540 00
Reserve and undivided profits
862 60
80 All other liabilities_________
1 70
72
80
Total assets____________ $121,121 41
Total liabilities_______ $121,121 41
Receipts for Fiscal Year.
Balance from last report----Installment shares, dues-----In terest___________________
F in e s ---------------------------F e e s _______________________
Loans repaid_______________
Overdrafts and bills payable-
Total receipts
N o. of shares, 2,529.
$9,049
15,673
8,353
43
13
16,905
7,000
Disbursements for Fiscal Year.
71
50
18
80
50
00
00
$57,038 69
Overdrafts and bills payable.
Loans on mortgages and
shares____________________
Interest p a id _______________
Dues
repaid,
installment
shares____________________
Profits repaid, installment
shares___________________
Advances, personal accounts.
Salaries____________________
T a x e s ---------------------------Other expenses---------------Balance, cash in office and
ban k_____________________
Total disbursements —
$9,300 00
17,385 80
1,620 80
13,421 50
6,025 58
46 45
600 00
104 39
28 45
8,505 72
$57,088 69
Installment Shares, W ith Age, Value, and Withdrawal Value.
No.
20
—
2 1 _______
‘>
0
•>a
24________
____
. - — ______
_________ ______________
______________
______________
________ ______________
______________
26_________________
-. . . . ________
______________
27____ —
________
28____________________ ___________ _
O
Q
______________
Age In
mn s
o th
120
108
96
84
72
60
48
36
24
12
Total d es
u
per sh
are
$60 00
54 00
48 00
42 00
36 00
30 00
24 00
18 00
12 00
6 00
B valu
ooh
e
per sh
are
$ m 6»
77 43
66 07
55 46
45 62
36 50
28 04
20 21
12 96
6 25
W
ithdrawal
valu
e
$85 23
72 74
61 55
51 42
42 25
33 90
26 02
18 88
12 19
6 03
24
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No; 4.
B A K E R S F IE L D .
KERN COUNTY MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated July 29, 1901.)
A b t iiu b
S.
C b it e s ,
Secretary.
J.
F.
D ugan,
President
F iscal y e a r ended D ecem ber 31, 1917.
N o. of series, none.
N o. of m em bers and investors, 407.
N o. of shares, 11,279.
Liabilities.
Installment shares, dues------ $203,614 44
Installment shares, profits___ 57,580 19
Paid-up and prepaid shares,
c a p ita l_____ - ____________ 138,750
Reserve and undivided profits 17,000
988
Loans due and incomplete___
Total assets__________ $417,940 36
Receipts for Fiscal Year.
Total liab ilities--------- $417,940
Disbursements for Fiscal Year.
8§a IS I S M n
Assets.
IxmnR, on mortgages_________ $511)3,140 00
Arrearages, on interest_____
4,235 47
18,981 88
Cash in bank-----------------Heal estate owned-----------410 16
1,192 85
Advances, ledger accounts___
8 iiiiir s
Balance from last report----$8,591 34 Overdrafts and billspayable- $40,000
Installment shares, dues_____ 183,912 80 Loans on mortgages and
shares____________________ 145,364
I ’a id-up and prepaid shares,
245
dues _____________________ 69,900 00 Interest p a id ------------------repaid,
installment
In te re s t___________________
40,012 07 Dues
shares____________________ 185,466
Fines ---------------------------40 62
Ijoaus repaid_______________ 112,293 80 Profits repaid, installment
shares___________________
42,061
Overdrafts and bills payable- 40,000 00
Paid-up and prepaid shares,
Advances repaid, personal ac
capital ________________
11,100
counts ----------------------339 35
Paid-up and prepaid shares,
All other receipts, real estate,
dividends________________
7,949
etc. ______________________
321 20
Advances, personal accounts784
S alaries___________________
2,550
T a x e s ______________________
279
Other expenses ____________
584
All other disbursements_____
57
Balance, cash in office and
ban k_____________________
18,961 88
Total receipts ________ $455,411 18
Total disbursements____$455,411 18
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D u es 50 cents p er share per month.
Dividend, last fiscal year, 10 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
25
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 5.
B A K E R S F IE L D .
PEOPLES MUTUAL BUILDINGr AND LOAN ASSOCIATION.
(In c orp orate d J an uary 27, 1892.)
K . W . Si*!KK8, Secretary.
F. W . R
o b in s o n ,
President.
F iscal y e a r ended J an u a ry 31, 1918.
N o. o f series, 16.
N o. of m em bers and investors, 145.
N o. of shares, 2,694.
Assets.
Liabilities.
Loans, on mortgages, $145,030.00; on shares, $05____ $145,115 00
Arrearages—
On shares ------ $507 70
On interest_*—
682 57
------------1,190 27
Cash in bank________________
7,811 13
Real estate owned-------------500 00
Installment shares, dues____ $0.1,504 20
Installment shares, profits___
23,131 57
Paid-up and prepaid shares,
c a p ita l------------------------ 55,800 00
Reserve and undivided profits 13,472 89
Loans due and incomplete___
707 64
______ •__
Total liabilities_______ $154,616 40
Total assets____________ $154,616 40
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from lastreport_____ $16,580 44 Loans on mortgages and
shares___________________ $43,387 36
Installment shares, dues----10,402 70
repaid,
installment
In te re s t___________________
14,806 44 Dues
shares____________________ 30,007 50
Premiums ---------------------05 00
Fines ______________________
80 79 Profits repaid, installment
shares------------------------14,331 17
F e e s _______________________
1 50
Loans re p a id ------------------ 58,350 00 Paid-up and prepaid shares,
c a p ita l__________________
3,000 00
Advances repaid, personal ac
counts ------------------------102 50 Paid-up and prepaid shares,
dividends________________
3,423 00
Salaries------------------------1,800 00
99 42
T a x e s ______________________
Other expenses---------------589 79
Balance, cash in office and
bank_____________________
7,811 13
Total receipts_________ $104,419 37
Total disbursements___$104,419 37
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
20___________________________________
22___________________________________
24___________________________________
26___________________________________
28___________________________________
30___________________________________
32___________________________________
34---------------------------------------------
Age in
months
96
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$57
50
43
36
28
21
14
7
$95
78
63
49
37
26
16
7
60
40
20
00
80
60
40
20
90
96
58
78
36
24
40
70
Withdrawal
value
$93 50
70 00
60 00
47 00
35 00
25 00
15 50
7 50
20
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 6.
BERKELEY.
BERKELEY HOME INVESTMENT ASSOCIATION.
(In corp orated Decem ber 7, 1908.)
F kkdkkick H.
Clabk ,
Secretary.
A. E.
Sh
aw
,
President.
F isc al y e a r ended M arch 30. 1918.
N o. o f series, none.
N o. o f m em bers and Investors. 43.
Assets.
N o. o f shares. 439.
Liabilities.
lioans, on mortgages, $10,Guarantee stock, c a p ita l----- $16,100
(598.11; on definite con
1,207
Guarantee stock, surplus----Installment shares, d u e s ____
6,332
tract,
$13,858.15;
on
Installment shares, profits---1,344
shares, $350; on contract
sales, $34,459.71 ________ $59,365 97 Paid-up and prepaid shares,
Arrearages, on interest_____
1 00
c a p ita l__________________
2,500
Paid-up and prepaid shares,
Cash, in office, $71.48; in
819 09
29
bank, $747.61_____________
dividends--------------------Furniture and fixtures______
1 00 Investment certificates, prin
cipal -------------------------559
37 95
Advances, ledger accounts___
Investment certificates, divi
dends ____________________
22
Overdrafts and bills payable- 24,000
Reserve and undivided profits
6,564
Sundry ledger accounts_____
61
All other liabilities, unpaid
1,502
dividends, etc. ------------Total assets-------------
$60,225 01
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
dues -------------------------Investment certificates-----In te re s t------------------------Loans repaid_______________
Overdrafts and bills payableAdvances repaid, personal ac
counts ___________________
All other receipts, real estate,
e t c . ______________________
Total liab 'Iities_______
86
35
00
98
50
18
00
09
56
99
$60,225 01
Disbursements for Fiscal Year.
$793 96 Overdrafts and bills payable- $15,450 00
1,810 29 Loans on mortgages and
shares__________ - _______
51,671 49
2,000 00 Interest paid -----------------318 50
repaid,
installment
1,405 50 Dues
shares------------------------551 00
2,205 32
18,606 68 Profits repaid, installment
shares____________________
73 34
39,450 00
Paid-up and prepaid shares,
capital -----------------------1,500 00
270 53
Paid-up and prepaid shares,
38,365 50
dividends--------------------101 50
Investment certificates, prin
cipal _____________________
2,843 30
Investment certificates, divi
dends ___________________
130 77
Advances, personal accounts386 07
S alaries------------------------1,000 00
T a x e s ______________________
28 00
Other expenses --------------736 84
All other disbursements, real
estate, etc--------------------29,297 88
Balance, cash in office and
ban k_____________________
819 09
Total receipts------------ $104,907 78
Total disbursements____$104,907 78
D ayton plan.
D u e s 50 cents p er share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, dues plus 6 per cent fo r a vera g e time.
00
50
27
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 7.
CO RO N A.
CORONA MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d October 2. 1905.)
J o h n I\ Iv e y ,
Secretary.
A . J. W
ahe,
President.
F isc al y e a r ended Septem ber 30. 1917.
No. of series, none.
N o. o f m em bers and investors, 127.
N o . o f shares, 327.
Liabilities.
Assets.
Loans, on mortgages--------- $42,470 22 Guarantee stock, capital----Guarantee stock, surplus----Cash, in office, $10; in bank,
$1,778.03 _____________ —
1,788 03 Installment shares, dues____
Furniture and fixtures______
40 00 Installment shares, profits—
Advances, ledger accounts—
431 83 Investment certificates, prin
cipal _____________________
Other assets_______________
25 00
Investment certificates, dividen d s____________________
Overdrafts and b'lls payableReserve and undivided profits
Total assets__________
$44,755 08
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues-----Investment certificates_____
In terest------------------------Fines and fees______________
Loans re p a id ______________
Overdrafts and bills payable
Advances repaid, personal ac
counts ________________ —
Total receipts------------
31,327 99
'
1,596 97
2,500 00
201 96
Total liabilities_ $44,755
08
Disbursements for Fiscal Year.
$144
4,849
26,730
3,865
234
11,837
4,030
82
63
77
61
80
41
00
Overdrafts and bills payable- $13,930
Loans on mortgages and
shares----------------12,900
Interest p a id _________
662
Dividends on guarantee stock
600
Dues
repaid,
installment
shares______________
5,060
Profits repaid, installment
50 00
shares-----------------339
Investment certificates, prin
cipal _____________________
14,308
Investment certificates, divi
dends ------------------------593
Advances, personal accounts503
Salaries______________
545
T a x e s ________________
63
408
Other expenses--------All other disbursements, fix
tures, etc .------------40
Balance, cash in office and
bank_______________
1,788
$51,743 04
D ayton plan.
D u es 50 cents per share per month.
Dividend, last fiscal year, 6 p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, same a s book value.
$5,000 00
500 00
3,058 99
569 17
00
00
49
00
64
72
20
67
31
00
13
85
00
03
Total disbursements----- $51,743 04
28
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 8.
E SC O N D ID O .
ESCONDIDO MUTUAL BUILDING AND LOAN ASSOCIATION.
(R eincorporated D ecem ber 20, 1913.)
L. A.
H. T.
C a s s o u , Secretary.
L y o n , Presiden t.
F iscal y ear ended F e b ru a ry 28, 1918.
N o. o f series,
12.
N o. of m em bers and investors, 50.
Assets.
N o. o f shares, 454.
Liabilities.
Loans, on mortgages--------- $10,050 00 Installment shares, dues___ $17,472
Arrearages—
2,789
Installment shares, profits_
On shares-------- $219 00
Advance payments_________
60
130 39
On in te re s t----Reserve and undivided profits
4®
On prem ium ___
20 15
All other liabilities_________
14
21 90
On fin e s -------------------------------- 80144
Cash, in office, $38.91; in .
bank, $842,®_____________
881 74
Real estate owned-----------421 20
Furniture and fixtures_____
80 50
Total assets__________
Total liabilities________
$20,824 94
Receipts for Fiscal Year.
Balance from lastreport_____
Installment shares, dues---Interest ------------------------Premiums _________________
Fines ______________________
Loans repaid ______________
00
11
00
83
00
$20,824 94
Disbursements for Fiscal Year.
$3,825
6,112
1,633
247
18
6.800
34 I-loans on mortgages and
shares------------------------00
repaid,
installment
23 Dues
shares------------------------95
00 Pro fits repaid, installm ent
shares___________________
00
Advances, personal accounts.
Salaries____________________
T a x e s ______________________
Other expenses_____________
All other disbursements, real
esta te ------------------------Balance, cash in office and
bank--------------------------
Total receipts ----------- $18,636 52
$3,450 00
9,977 00
2,829 04
721 35
204 00
51 98
100 21
421 20
881 74
Total disbursements___$18,636 52
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
33___________________________________
3 5 __________________________________
37___________________________________
39___________________________________
41___________________________________
43___________________________________
Age In
months
72
60
48
36
24
12
Total (lues
per sham
$72
60
48
36
24
12
00
00
00
00
00
00
Book value
per share
$91 85
72 95
55 63
39 95
25 64
12 39
Withdrawal
value
$87
69
53
38
25
12
74
71
72
96
23
30
29
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 9.
FRESN O .
MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c o rp o rate d M arch 17. 1892.)
W
ic k
W. P
arsons,
Secretary.
W . T. M
F isc a l y e a r ended F e b ru a ry
N o. of series, 18.
a t t in g l y ,
Presiden t.
28. 1918.
N o. of m em bers and investors, 197.
N o. of shares, 2,347.
Assets.
Liabilities.
Loans, on definite contract_$127,798 85
Arrearages—
On shares _____
$79 30
On in te re s t____
254 26
—---------333 56
Cash in office______________
16,374 19
Other assets, U. S. bonds—
3,000 00
Installment shares, dues____$95,694 00
Installment shares, profits___ 38,348 97
Overdrafts and bills payable.
10,000 00
Reserve and und:vided profits
3,463 63
Total assets
$147,506 60
Total liabilities
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues----In terest___________________
Fines ______________________
F e e s _______________________
Loans re p a id ______________
Overdrafts and bills payable.
$6,500
18,675
13,431
51
3
50,905
24,000
$147,506 60
76
70
24
83
50
07
00
Total receipts______ i __$113,568 10
Overdrafts and bills payable. $34,000 00
Loans on mortgages and
19,813 S >
T
shares------------------------1,(537 61
Interest p a id ______________
Dues
repaid,
installment
shares-----.------------------22,773 70
Profits repaid, installment
shares------------------------14,585 25
1,100 00
S alaries___________________
T a x e s ---------------------------195 64
Other expenses---------------87 86
All other disbursements, U. S.
3,000 00
bonds------------------------Balance, cash in office and
ban k_____________________
16,374 19
Total disbursements____ $113,568 10
Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.
35. _
37_.
39—
41—
43—
45._
47—
40—
51...
Age In
months
108
96
84
72
60
48
36
24
12
Total dues
per share
$108
96
84
72
60
48
36
24
00
00
00
00
00
00
00
00
12 00
Book value
per share
$172
144
119
96
76
57
41
26
12
58
66
35
61
23
92
34
28
07
Withdrawal
value
$172
144
119
96
76
57
41
26
12
58
66
35
61
23
92
34
28
57
30
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 10.
FO RTU N A.
FORTUNA BUILDING AND LOAN ASSOCIATION.
(In c o rp o rate d A p ril 30, 1889.)
C has . A. F biedenbach, Secretary.
H. A. N atwick , President.
F isc al y e a r ended M a y 31. 1918.
N o. o f series. 13.
N o. o f m em bers and investors, 86.
N o. o f shares, 621.
Liabilities.
Assets.
Loans, on mortgages_____ __ $22,800 00 Installment shares, dues____ $23,061 00
Cash in bank__________
4,271 88 Installment shares, profits___
3,681 77
Real estate ow ned______
816 19 Advance payments______ ___
30 00
Reserve and undivided profits
1,115 30
Total assets________ __ $27,888 07
Total liabilities_______
Receipts for Fiscal Year.
Balance from last report__ __
Installment shares, dues__
In te re s t________ ________ __
F in e s _____ ____ __________
_______
Fees _
—
IAians repaid _ ______ ___ __
Total receipts__
$3,049
7,492
1,800
6
25
8,000
$27,888 07
Disbursements for Fiscal Year.
49
50
05
77
40
00
Loans on mortgages and
shares _____ _____________
Interest paid _____________
Dues
repaid,
installment
shares _____________ _____
Profits repaid, installment
shares _
______________
Salaries________ - __________
Other expenses_____ _______
A ll other disbursements, real
estate------------------------Balance, cash in office and
ban k _________________ ___
_ — $20,374 21
$4,500 00
43 55
8,882 50
2,129 47
180 00
116 81
250 00
4,271 88
Total disbursements___ $20,374 21
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
45___________________________________
40___________________________________
48___________________________________
50___________________________________
52___________________________________
54___________________________________
56---------------------------------------------
Age In
months
78
72
60
48
36
24
12
Total dues
per sham
Book value
per share
$78
72
60
48
36
24
12
$98
89
71
55
39
25
12
00
00
00
00
00
00
00
55
22
53
06
78
59
38
Withdrawal
value
$95 98
87 07
70 00
53 29
38 36
24 79
12 20
31
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 11.
L IV E R M O R E .
LIVERMORE MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d Septem ber 19, 1906.)
T. E. K
nox,
Secretary.
J. O . M
cK o w n ,
President.
F iscal y e a r ended Septem ber 30, 1917.
N o. o f series,
13.
N o. o f m em bers and Investors, 45.
N o. o f shares, 410.
Liabilities.
Assets.
Installment shares, dues____ $22,872 00
Loans, on mortgages, $33,5,865 70
055; on shares, $100_____ $33,155 00 Installment shares, profits—
40 00
08 00 Advance paym ents________
Arrearages, on shares______
4,500 00
Cash in bank_______________
784 96 Overdrafts and bills payableReserve and undivided profits
760 17
Total assets-------------- $34,037 06
Total liabilities_______
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues____
In terest------------------------F e e s ----------------------------L o a n s rep a id ______________
Overdrafts and bills payableAll other receipts____________
Total receipts ________
$34,037 06
Disbursements for Fiscal Year.
$1,165 25 Overdrafts and bills payable4,836 00 Loans on mortgages and
2,376 83
shares____________________
6 20 Interest p a id ______________
8,875 00 Dues
repaid,
installment
4,000 00
shares___________________
03 45 Profits repaid, installment
shares __________________
Salaries____________________
T a x e s ______________________
Other expenses ____________
Balance, eash In office and
bank_____________________
$21,322 73
Total disbursements —
$4,500 00
8,303 bo
330 57
5,605 00
1,102
200
200
16
54
00
73
00
784 96
$21,322 73
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
3___________________________________
6-1____________________________________
7 ____________________________________
8 ____________________________________
0_______________________________________
10 ____________________________________
11 ____________________________________
13_______________________________________
Age in
months
Total dues
per share
120
84
78
60
48
36
24
12
$120
84
78
60
48
36
24
12
00
00
00
00
00
00
00
00
Book value
per share
$164 59
104 06
95 00
69 83
54 19
30 44
25 52
12 30
Withdrawal
value
$160 14
102 06
03 38
68 85
53 58
30 10
25 37
12 35
32
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 12.
LO N G B E A C H .
MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d A u gu st 4. 1904.)
W.
S. S t e v e n s , Secretary.
E . E . N o r t o n , Presiden t.
F iscal y e a r ended Decem ber 31, 1917.
N o. o f series, none.
N o. of m em bers and investors, 388.
Assets.
N o. o f shares, 497.
Liabilities.
Guarantee stock, capital____$40,000
Loans, on mortgages, $180,572.27; on definite con
4,000
Guarantee stock, surplus____
11,001
tract, $311,235.96_________ $418,362 02 Installment shares, dues_____
3,831
Arrearages, on Interest______
1,845 32 Installment shares, profits___
( ’ash, in office, $2,443.76; in
Investment certificates, prin
bank, $54,869.72__________
57,313 49
cipal _____________________ 418,399
Furniture and fixtures______
500 00 Investment certificates, divi
dends ___________________
25,929
Other assets, U. S. and other
bonds____________________ 31,037 00 Advance payments_________
43
Reserve and undivided profits
4,007
All other l'ab'lities, interest
delinquent------------------1,845
Total assets___________ $500,057 83
Receipts for Fiscal Year.
10
52
59
32
Disbursements for Fiscal Year.
10
23
00
00
58
72
17
00
00
14
41
34
49
Total disbursements — $454,181 18
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D u es 50 cents p er sh are p er month.
D ividend, last fiscal year, 7 per cent.
B o ok value, dues plus dividend.
W ith d ra w a l value, sam e a s book value.
50
Total liabilities________ $509,057 83
Balance from lastreport_____ $47,840 97 Loans on mortgages and
Guarantee stock __________
15,000 00
shares____________________ $197,666
Installment shares,dues_____
7,110 87 Interest paid ______________
425
Investm ent c e rt ific a te s ______ 284,183 44 Dividends on guarantee stock
2,500
In terest------------------------29.612 29 Dues
repaid,
installment
F e e s ----------------------------1,928 20
shares____________________ 21,764
Loans repaid------------------58,657 16 Profits repaid, installment
Advances repaid, personal ac
shares____________________
8,189
counts ------------------------4,418 52 Paid-up and prepaid shares,
All other receipts, bonds sold,
c a p ita l__________________ 125,987
e t c . ______________________
5,429 73 Paid-up and prepaid shares,
dividends--------------------9,700
Advances, personal accounts4,375
Salaries____________________
2,400
T a x e s ______________________
258
Other expenses --------------2,065
All
other
disbursements,
bonds, e tc .------------------21,536
Balance, cash in office and
b an k _____________________ 57,313
Total receipts ---------- $454,181 18
00
00
52
28
33
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 13.
LO S A N G EL E S .
BANKERS GUARANTY-LOAN COMPANY.
(In corp orated A u gu st 12, 1901.)
G. H. W adleigh , Secretary.
John II. F oley, President.
F isc al y ear ended Decem ber 31, 1917.
N o. o f series, none.
N o. o f m em bers and investors, 121.
Assets.
Loans, on definite contract,
$924.34; on shares, $355;
on contract sales, $8,592.01
Cash, in office, $802.39; In
bank, $15,845.04 ----------Ileal estate owned_________
Advances, ledger accounts—
Total assets__________
N o. o f shares, 861,
Liabilities.
Guarantee stock, capital____ $1(5,138 73
Investment certificates, prin$9,871 *Jo
c ip a l_____________________
9,972 76
Investment certificates, divi(lends ------------------------1,912 00
16.048 03
15 33
1,500 00 Sundry ledger accounts_____
19 50
$28,038 88
Receipts lor Fiscal Year.
Total liabilities________
Disbursements for Fiscal Year.
Balance from last report___ $14,212 30 Ix»ans on mortgages and
789 01
shares ____________________
Investment certificates_____
In terest___________________
897 07 Interest p a id ________ , ____
Loans repaid ______________
2,973 18 Investment certificates, prine ip a l_____________________
Advances repaid, personal accounts___________________
1 5 21 Investment certificates, divi15
dends ___________________
All other receipts__________
91 48
T a x e s ______________________
Other expenses ____________
All other disbursements, real
estate, e tc ._______________
Balance, cash in office and
bank_____________________
Tqtal receipts_________
.1
$19,128 2
8— 40296
$155 00
144 06
1,713 76
98 77
53 00
41 75
273 28
16,648 03
Total disbursements___ $1! 1,128 25
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues 60 cents tier sh are p er month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, sam e a s book value.
$28,038 88
34
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 14.
LOS ANGELES.
FIDELITY SAVINGS AND LOAN ASSOCIATION.
(In corp orated J an uary 31, 1891.)
G. H. W adleigh , Secretary.
C. €. B oynton , President.
Fiscal year ended December 31, 1917.
No. of series, none.
No. of members and investors, 6,604.
No. of shares, 69,633.
Assets.
Loans on mortgages, $248,700; on definite contract,
$0,074,477.24; on shares,
$101,094.15_____________$7,024,771
Arrearages, on interest on
stock loa n s-----------------1,022
( 'ash, in office, $13,345.84;
in bank, $70,501.08_____
89,847
Real estate owned-----------554,809
Advances, ledger accounts_
103,826
39
88
82
83
21
Liabilities.
Guarantee stock, capital
subscriptions--------------Installment shares, dues___
Installment shares, profits__
Paid-up and prepaid shares,
c a p ita l---------------------Paid-up and prepaid shares,
dividends_______________
Investment certificates, prin
cipal ____________________
Investment certificates, divi
dends __________________
Overdrafts and bills payable
Reserve and undivided profits
Loans due and incomplete__
Sundry ledger accounts----All other liabilities, tax re
serve -------------------------
$220,978 45
1,632,693 52
708,646 06
2,433,700 00
53,859 70
1,816,583 04
40,245
3,717
526,721
147,549
247,742
57
27
99
36
57
2,500 00
Total assets_________ $7,834,938 13
Total liabilities______ $7,834,938 13
Receipts for Fiscal Year.
Balance from last report___$282,255 66
Guarantee stock subscrip
tions ___________________
88,942 20
Installment shares, dues--- 1,000,321 92
Paid-up and prepaid shares,
d u e s ___________________
702,950 00
Investment certificates —
880,511 45
In terest__________________
548,754 07
Premiums _________ _____
22,517 46
F in e s ----------------------- -3,567 25
Loans repaid — ----------- 2,953,780 30
Overdrafts and bills payable
3,600 80
All other receipts, real estate,
e t c ._____________________ 378,080 12
Disbursements for Fiscal Year.
Overdrafts and bills payable $54,070 68
Loans on 'mortgages and
shares___________ _____ 3,402,033 61
Interest p aid ______________
3,302 45
Dividends on guarantee stock
11,244 21
Dues repaid, installment
shares_________ ___ _____ 1,007,912 33
Profits repaid, installment
shares ______ r_____ 1____
286',626 72
Paid-up and prepaid shares,
103,750 00
c a p ita l_________________
Paid-up and prepaid shares,
dividends------------------101,006 45
Investment certificates, prin
cipal ------------------------878,298 00
Investment certificates, divi
106,752 82
dends __________________
Advances, personal accounts 241,954 29
Salaries----------------------21,320 00
T a x e s _____________________
4,339 06
Other expenses_______ _____
49,889 09
All other disbursements, real
estate, etc_______________
508,983 70
Balance, cash in office and
ban k ___________________
89,847 82
Total receipts---------- $6,871,281 23
Total disbursements__$6,871,281 23
Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months
Class "B .” Dues 70 cents
per share per month.
84
72
(50
48
36
24
12
Total dues
per share
$58
50
42
33
25
16
8
80
40
00
60
20
80
40
loan fund dues
per share
$51
43
36
28
12
46
00
44
2 0 88
13 32
5 76
Book value
per share
$85
66
50
36
25
14
6
26
72
72
97
09
86
01
Withdrawal
value
$85
66
50
36
25
14
6
26
72
72
97
09
86
01
35
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 15.
LO S A N G ELES .
HOME INVESTMENT BUILDING AND LOAN ASSOCIATION.
(In corp orated A u g u s t 21, 1889.)
W . A. B
onynge,
I. B . N
Secretary.
ew to n ,
President.
F iscal y e a r ended Septem ber SO, 1917.
No. o f series, 17.
N o. o f m em bers and investors, 48.
Liabilities.
Assets.
Loans, on mortgages_______ $40,800
Arrearages—
10 00
On shares______
On in te re s t____
276 4'2
280
Cash, in office, $101.25; In
hank, $016.17____________
1,017
Furniture and fixtures-------75
Total assets__________
00 Installment shares, dues____$22,002 00
Installment shares, profits_
4,100 00
Advance payments ________
65 00
Overdrafts and hills payable.
20,550 00
711 84
42 Reserve and undivided profits
42
00
$48,178 84
Total receipts_________
$381
7,474
3,043
15
5,000
16,200
71
Total liabilities---------
80
00
30
00
00
00
00
$32,785 10
Overdrafts and bills payable. $10,200 00
Loans on mortgages and
5,000 00
shares ____________________
Interest p a id ______________
1,478 33
Dues
repaid,
installment
shares____________________
4,680 00
Profits repaid, installment
shares------------------------751 84
Salaries___________________
425 00
T a x e s ______________________
175 85
Other expenses ____________
50 75
Balance, cash in office and
1,017 42
bank-------------------------Total disbursements___$32,785 10
Installment Shares, With Age, Value, and Withdrawal Value.
Total du
es
Serial
Age In
B value
ook
No.
mn s
o th
per sh
are
per sh
are
*-)]§
____________________—
—
114
$114 00
$156 71
m _________________ _____ _______ _____
108
108 00
145 82
41_______ , _________ ___________
_
125 01
96
96 00
4>
«r ________________—
__—
84
84 00
105 41
47_________________________„
___ _ __ _
60
60 00
70 08
_____
49_________ ___„„____
48
48 00
54 19
o l_____________________________
36
36 00
39 38
ns_______________ _______ ___, ____ _____
_
24
24 00
25 47
12
12 00
55_____________ ___________ _____ 12 36
$48,178 84
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues----In terest___________________
Fines ______________________
Loans repaid ______________
Overdrafts and hills payable.
All other receipts__________
N o. o f shares, 633.
W
ithdrawal
value
$154 57
143 90
122 10
102 19
67 56
52 64
38 53
25 10
12 27
36
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 16.
LOS ANG ELES.
‘IWJ iJ J i'V J % LJ J jHW T ^#JmJN A Q A A /Ti9 J T A J l•
M
J ®nPVDrt'DAT§T T AL W J A ALEI
0 E L K r tr rJ L L J m
VfJ A ILJLvr W
LL
D
(In c orp orate d July 30, 1886.)
S. L . R o l a n d . Secretary.
J. W . M
ontgom ery,
President.
F isc al y e a r ended June 30. 1918.
N o. of m em bers and Investors, 205.
Assets.
N o. o f shares, 3,518.
Liabilities.
Loans, on mortgages, $283,Installment shares, dues____$172,122
250: on shares, $0,545____ $202,705 00 Installment shares, profits_ 45,407
Paid-up and prepaid shares,
capital __________________
23300
On shares _____ $125 00
On in terest____
2(50 00
Advance payments_________
012
•-----------304 00 Reserve and undivided profits 11,012
28,700 01 Ixians due and incomplete_ 63,022
Cash in bank_______________
6,758
Furniture and fixtures______
311 32 Sundry ledger accounts-----Advances, ledger accounts_
27 65
Total assets__________ $322,234 88
Total ’ 'abilities________ $322,234
I 881 £ 88:88 88
N o. of series, 22.
Disbursements for Fiscal Year.
Loans on mortgages and
shares____________________ $41,786
Dues
repaid,
installment
shares------------------------41,006
Profits repaid, installment
shares------------------------13,051
Paid-up and prepaid shares,
capital __________________
2,000
Paid-up and prepaid shares,
dividends________________
1,308
Salaries____________________
2,760
T a x e s ______________________
355
Other expenses ____________
1,390 87
AH other disbursements_____
311 32
Balance, cash in office and
bank
28,706 91
$133,756 42
T o ta l receipts
.188 8 8 S 8
Receipts for Fiscal Year.
Balance from last report---$22,743 22
Installment shares, dues___
38,211 00
In te re s t___________________
18,253 40
124 80
Fines and fees______________
Loans rep a id -----------------47,705 00
Advances repaid, personal ac
0,005 00
counts __________________
AH other receipts, commis
sions, etc. _______________
714 ,00
Total disbursements ___$133,756 42
Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months
Serial
No.
3 5 ______________
--------------37
______
_____________ —
39____ —
-------------------—
4 3 ---------------
47
-----
----------------
......... ............
4 9 _______ ________
____
_____
51
----------------------------------------53— ____________________
______
120
108
96
84
72
(50
48
36
24
12
Total dues
per share
Book value
per share
$120 00
108 00
$169
147
126
107
96
84
72
60
48
36
24
00
00
00
00
00
00
00
12 00
88
71
55
39
25
12
56
25
55
12
80
53
25
99
74
42
Withdrawal
value
$159
137
117
99
82
64
43
38
02
08
66 91
51 62
37 99
24 86
12 21
37
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 17.
LO S A N G ELES .
SOUTHERN CALIFORNIA LOAN ASSOCIATION.
(In corp orated M arch
J u l iu s
II.
M
a k t i. ,
x
11, 1887.)
Secretary.
0.
E. D o n n a t in ,
President.
F isc al y e a r ended June 30, 1918.
N o. o f series. 22.
N o. o f m em bers and investors, 508.
Assets.
N o. of shares, 2,213.
Liabilities.
Loans, on definite contract— $935,004 00 Guarantee stock, capital____ $51,000 00
Arrearages, on shares-------38T 00 Guarantee stock, surplus____
3.510 00
('ash in bank— --------------4,002 97 Installment shares, dues____
98.43S 00
29,804 12
Real estate owned__________
0,974 07 Installment shares, profits___
900 00 Investment certificates, prin
Furniture and fixtures-------cipal _____________________ 731.000 82
Other assets. U. 8. bonds---2,230 00
Advance payments ________
382 00
Overdrafts and bills payable5.000 00
Reserve and undivided profits 22,039 92
Loans due and incomplete_
7,734 78
Total assets__________ $950,118 04
Total liabilities
$950,118 04
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report___ $10,235 32 Overdrafts and bills payable- $25,000 00
Installment shares, dues----21,415 00 Loans on mortgages and
shares ___________________ 155.318 35
Investment certificates_____ 128,653 45
749 17
Interest ___________________
71,724 51 Interest p a id _______________
0,120 00
Loans repaid ------------------ 135,840 00 Dividends on guarantee stock
repaid,
installment
Overdrafts and bills payable- 30,000 00 Dues
shares ___________________
1S
»,308 00
All other receipts, real estate,
13,004 08 Profits repaid, installment
shares ___________________
7,730 11
Investm
ent certificates, prin
cipal __________________ 120,202 94
Investment certificates, divi
dends _____________________
S alaries------------------------T a x e s ______________________
Other expenses_____________
All other disbursements, real
estate,bonds, etc______ ____
Balance, cash in office and
bank _____________________
Total receipts
—
$410,872 30
42,732
4.573
3,223
3,048
05
00
58
90
18,203 29
4,002 97
Total disbursements — $410,872 80
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
39—
—
_________ ______________
____
41
____________
___
43
_________________ _____
________
4o----------------------------47______
__________ ___________ _
49
—
___________ ______________
51
____
_____ _______________
53____________________ ______________
55_________
_______ ______________
57------------------- -------- .............. ......
Age In
mn s
o th
118
106
96
84
72
00
48
36
24
12
Total d es
u
per sh
are
$118 00
106 00
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00
Book value
per sh
are
$171 64
148 29
130 11
109 58
90 42
72 51
55 96
40 44
26 00
12 53
W
ithdrawal
value
$171 64
148 29
130 11
103 19
83 05
67 51
52 78
38 66
25 25
12 32
38
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 18.
LOS ANG ELES.
STATE MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d June 20. 1889.)
U. J. W ade, Secretary.
W. 6. Cochran , President.
F iscal y e a r ended D ecem ber 31. 1917.
N o. of series, none.
N o. of m em bers and investors, 2,338.
N o. of shares, 8,186.
Assets.
Liabilities.
Loans, on mortgages, $577,Guarantee stock, capital___$200,000 00
600; on definite contract,
Guarantee stock, surplus___ 123,017 74
$3,256,006.25; on shares,
Installment shares, dues----37,320 75
$21,077.91; on contract
Installment shares, profits16,710 70
sales, $32,932.30________ $3,887,706 46 Paid-up and prepaid shares,
Arrearages—
capital ---------------------399,925 00
On in te re s t $13,815 91
Paid-up and prepaid shares,
dividends------------------44,995 20
On fin e s _____
1,455 45
—--------—
15,271 36 Investment certificates, prin
cipal ___________________ 3,207,734 15
Cash, in office, $13,901; in
hank, $99,110.34________
113,101 34 Investment certificates, divi
Heal estate owned--------------17,87371 dends __________________
102,534 50
1,225 80
Furniture and fixtures-----16,667 53 Advance payments--------6,451 S2
Advances, ledger accounts—
10,646 63 Reserve and undivided profits
Loans due and incomplete_
5,081 43
Other assets, bonds and in
2,117 89
terest -------------------------85,84795 Sundry ledger accounts-----Total assets------------ $4,147,114 98
Disbursements for Fiscal Year,
Receipts for Fiscal Year.
Balance from lastreport___$379,742
Installment shares, dues____
15,088
Paid-up and prepaid shares,
dues ____________________
79,200
Investment certificates___ 322,227
In te re s t__________________
335,493
Fines _____________________
4,488
F 'ees______________________
1,832
Loans rep a id _____________ 1,228,152
Advances repaid, personal
accounts ------------------12,046
All other receipts, real es
tate, etc.--------------------25,719
Total liabilities______ $4,147,114 98
33 Loans on mortgages and
shares------------------------$1,257,652
60
Dividends on guarantee stock
28,000
00 Dues repaid, installment
shares ---------------------56,886
30
20 Profits repaid, installment
shares ---------------------26,979
80
20 Paid-up and prepaid shares,
35
c a p ita l_________________
2,920
Paid-up and prepaid shares,
dividends________
32,579
67
Investment certificates, prin
cipal __________________
509,483
41
Investment certificates, divi
dends ------------------------ 196,095
Advances, personal accounts
12,888
S alaries----------------------15,900
T a x e s _____________________
4,338
Other expenses-------------35,832
All other disbursements, Lib
erty Bonds, real estate, etc. 106,333
Balance, cash in office and
bank____________________ 113,101
Total receipts-----------$2,398,990 86
85
70
00
20
55
29
16
00
60
00
62
34
Total disbursements — $2,398,990 86
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D u es $1.00 p er share per month.
Dividend, last fiscal year, 7| per cent.
B o ok value, dues p lus dividend.
W ith d ra w a l value, fu ll book value.
64
00
39
REPORT ON BUILDING AND LOAN ASSOCIATIONS,
No. 19.
L O S G A T O S.
LOS GATOS BUILDING AND LOAN ASSOCIATION.
(In corp orated A p ril 27, 1889,)
E. <}. A n o e i j ,, Secretary.
C. F.
H am sheb,
President.
F iscal y e a r ended D ecem ber 31, 1917.
N o.
of
series,
9.
N o,
of
mem bers and
investors,
27.
Assets.
N o.
of
Total assets______ ______$12,693 22
Total liabilities________
$4,660 50
1,861 76
600 00
42 00
3,000 00
1,700 TO
828 96
$12,693 22
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Total receipts_________
84.
Liabilities.
Loans, on mortgages, $5,Installment shares, dues----042.50; on definite con
Installment shares, profits---tract, $5,738.25 _________ $11,380 75 Paid-up and prepaid shares,
Arrearages—
capital __________________
On shares______
$98 50
Paid-up and prepaid shares,
dividends________________
On interest_____
103 40
On premium____
44 40
Investment certificates, prin
On fin e s --------22 38
cipal ____________________
■----------- 208 08 Overdrafts and bills payableCash in bank_______________
174 28 Reserve and undivided profits
869 51
Heal estate owned------------
Balance from last report----Installment shares, dues____
Paid-up and prepaid shares,
dues -------------------------Investment certificates ____
In terest------------------------Premiums ---------------------Fines ______________________
F e e s _______________________
Loans repaid ______________
Overdrafts and bills payableAll other receipts, rents____
shares,
$14 65 Overdrafts and bills payable
900 00 Loans on mortgages and
shares ------------------------TOO TO Interest paid ______________
3,000 TO Dues
repaid,
installment
682 39
shares ___________________
188 20 Profits repaid, installment
shares ------------------------41 95
75 Advances, personal accounts2,929 76 S alaries___________________
3,700 TO T a x e s ______________________
37 50 Other expenses ____________
All other disbursements, real
esta te____________________
Balance, cash in office and
bank
$12,095 20
$2,700 TO
5,944 TO
140 54
1,243 50
520
14
240
113
96
87
TO
00
48
92
907 01
114 28
Total disbursements---- $12,095 20
Value, and Withdrawal Value.
Serial
No.
13—
l l lS — .
17_
_
18—
19—
20_
_
21 __
22—
in
Total dues
per share
Book value
per share
128
116
104
80
$128 TO
116 TO
104 TO
80 TO
$213
184
158
109
56
44
32
56 TO
44 TO
32 TO
Age
months
68
20
68 00
20 00
Withdrawal
value
12
43 Dues plus
TO
profits as
97
p e r bylaws.
88 94
69 89
52 34
36 16
21 38
40
REPORT ON BUILDING AND LOAN ASSOCIATIONS,
No. 20.
M ADERA.
MADERA MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated October 26, 1912.)
E. M.
M cC a b u le ,
Secretary.
J. B. H ig h , President.
F isc al y e a r ended October 31, 1917.
N o. o f series, none.
N o. o f m em bers and investors, 69.
N o. o f shares, 610.
Assets.
Liabilities.
Loans, on definite contract_$34,412 21 Installment shares, dues----- $31,242 00
5,205 87
Arrearages—
Installment shares, profits___
On shares _____ $240 00
Advance paym ents----------308 71
On in te re s t----03 43
Reserve and undivided profits
321 50
Loans due and incomplete___
720 50
------------------------ 30343
Cash, in office. $204.2-5; in
bank, $2,054.00_________
2,048 04
Other assets. Liberty Bonds_
200 00
$37,804 58
$2,332
8,300
3,104
130
7,900
$37,804 58
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from lastreport-----Installment shares, dues___
Interest ___________________
F e e s _______________________
Loans repaid ______________
Total liabilities
85 Loans on mortgages and
shares ------------------------- $13,437 37
00
repaid,
installment
10 Dues
shares ------------------------4,450 00
00
30 Profits repaid, installment
409
shares____________________
420'
S alaries-------------------------
3S8
Total assets
T a x e s --------------------------------------
Total receipts
$21,995 25
41
Other expenses---------------A 1
1 other disbursements,
bonds ___________________
Balance, cash in office and
ban k_____________________
22 12
2,048 04
Total disbursements___$21,995 25
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, 11.00 per share per month.
Dividend, last fiscal year. 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, dues plus profits as per by-law s.
200 00
41
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 21.
M ER CED .
MERCED MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c o rp o rate d June 22, 1891.)
J. H . S i m o n s o n , Secretary.
W . E. L
andkum
, President.
Fiscal y e a r ended June 30, 1918.
No. of series, 11.
No. of mem bers and investors, 179.
Liabilities.
Assets.
Loans, on mortgages. $132,250; on shares, $1,400____$133,050 00
*4ri ea i ag;es
On shares______» $032 00
On interest_____
802 90
On tin es _______
133 24
------------1,r»08 14
21,020 < N
X
( ’ash iu hank_______________
Furniture and fixtures_____
ISO 00
Other assets. LibertyBonds 10.000 00
Total assets
Installment shares, dues____$121,044
Installment shares, profits___ 38,(582
Advance payments ----------143
Reserve and undivided profits
4,855
Loans due and incomplete___
2,300
___$107,025 02
00
01
40
01
00
Total liab ilities_______ $107,025 02
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from lastreport___ $14,072
Installment shares, dues____
22,941
Interest _____
10,392
F in e s ______________________
48
F e e s _______________________
29
Ixiaus repaid
-------------- 18,500
Total receipts
N o. of shares, 1,843.
42 I ^oans on mortgages and
shares___________________ $20,550 00
00
repaid,
installment
54 Dues
90
shares------------------------10,502 00
90 Profits repaid, installment
shares___________________
2,81)0 02
00
S alaries___________________
750 IK)
Taxes -------------------------174 28
231 04
Other expenses_____________
All other disbursements, Lib
erty B on d s______________
9,800 00
Balance, cash in office and
hank-------------------------21,f>20 88
$00,584 82
Total disbursements___ $00,584 82
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
20—
__________
_____________
21 — -------------------------------- __
—
-------------------------22
28 ___ ____ ______________________
2 4 ____
- ______________
_
25. _________________
______
2(5 — _______________________ ____
27----------- -------- _
2.N
________
______ _ .
29 — — ------------ — ------------— -
Age In
months
120
108
90
84
72
00
48
80
24
12
Total dues
per share
Booh value
per share
$120 00
108 00
$173
150
12!)
109
IK)
72
55
40
25
12
90 00
84 00
72 00
00 00
48 00
30 00
24 00
12 00
(5
(5
91
48
30
25
41
75
24
82
44
Withdrawal
value
$150
132
115
98
82
(57
52
38
25
12
25
53
40
88
95
(53
90
78
25
33
42
REPORT ON BUILDING AND IX)AN ASSOCIATIONS,
No. 22.
M IL L V A L L E Y .
TAMALPAIS MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d M arch 16, 1897.)
P
aul
H
elm oke,
Secretary,
N. P.
year ended
F isc al
N o. o f series. 23.
N o. o f m em bers and investors, 115.
Assets.
Loans, on mortgages, $7,300;
on definite contract, $34,130.94 ___________________ $41,430
Arrearages—
On shares-------- $585 75
On in te re s t----- 1,112 29
On fin e s _______
107 37
1,805
Cash, in office, $4.72; in
892
bank, $888.17_____________
Iieal estate owned_________
6,231
Furniture and fixtures_____
126
Advances, ledger accounts__
545
Other assets_______________
37
o
5.
&
Total assets---------------
Total receipts ________
President.
N o. o f shares. 1,196.
Liabilities.
Installment shares, dues----- $23,369 70
Installment shares, profits___
4,167 88
94 Paid-up and prepaid shares,
c a p ita l----------------------20,300 00
54 75
Advance payments_________
Overdrafts and bills payable2,000 00
Reserve and undivided profits
1,012 07
166 26
41 Sundry ledger accounts_____
80
75
75
55
37
66
Total liabilities----------
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
dues -------------------------In te re s t-------------------—
B in e s ______________________
F e e s ---- -----------------Loans re p a id _ _____ ____
Overdrafts and bills payableAdvances repa;d, personal accounts ________ _______ __
Y ost,
A p ril 30, 1918.
$51,070 66
Disbursements for Fiscal Year.
$1,916 84 Overdrafts and bills payable- $1,000 00
7,257 25 Loans on mortgages and
9,000 00
shares _
------------- —
373 77
3.200 00 Interest paid ------------------3,965 39 Dues
repaid,
installment
162 25
shares---- ------------_ 10,281 15
7 00 Profits repaid, installment
12,219 37
shares------ ----------- ------2,152 00
3,000 00 Paid-up and prepaid shares,
capital — -----------------3,100 00
1,214 27 Paid-up and prepaid shares,
dividends — --------- -- _ * 1,259 75
Advances, personal accounts.
1,940 00
600 00
Salaries------------------- —
180 59
T a x e s ______________________
230 93
Other expenses---------------All other disbursements, real
1,931 20
estate ------------ — ----Balance, cash in office and
892 89
ban k -------------------------$32,942 37
Total disbursements —
$32,942 37
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
49___________________________________
53____________________________ ______
57___________________________________
61___________________________________
65___________________________________
09___________________________________
Age in
months
72
00
48
36
24
12
Total dues
per share
$72 00
G 00
O
48 00
36 00
24 00
12 00
Book value
per share
Withdrawal
value
$90 34
72 07 Does plus
55 24 profits as
39 73 p e r b y25 48 laws.
12 36
43
REPORT ON BUILDING AND IA1AN ASSOCIATIONS.
No. 23.
N A PA .
NAPA BUILDING AND LOAN ASSOCIATION.
(In corp orated Septem ber 8, 1888.)
J o h n N . M o u n t , Secretary.
E. D . B
eabo,
President.
F isc al y e a r ended M a y 81, 1918.
N o. of series, 12.
N o. o f m em bers and investors, 403.
Liabilities.
Assets.
Installment shares, dues_____ $216,082 00
Installment shares, profits__ 50,743 84
Advance payments ________
1,008 00
Reserve and undivided profits
2,631 68
Loans, on mortgages, $251,074.27; on shares, $10,670; on contract sales, $2,120.20 _______________ $264,464 47
Arrearages—
On shares__*___ $248 00
On interest_____
261 46
On fin e s --------62 75
-----------
Cash in bank_______________
Furniture and fixtures_____
Advances, ledger accounts___
Other assets, Liberty Bonds-
N o. of shares, 3,950.
572 21
2,705
150
75
2,500
51
00
33
00
Total assets__________ $270,465 52
81
00
62
11
77
09
29
Total receipts------------ $117,578 69
Loans on mortgages and
shares-------------------------- $57,152 70
Dues
repaid,
installment
shares------------------------39,273 00
Profits repaid, installment
shares____________________ 13,921 07
Advances, personal accounts75 33
S alaries___________________
1,234 00
239 07
T a x e s ________________ ,_____
Other expenses---------------479 92
All other disbursements, Lib
erty Bonds_______________
2,500 00
Balance, cash in office and
b an k _____________________
2,703 51
Total disbursements — $117,578 (X)
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
Age In
Total d es
u
B value
ook
mn s
o th
No.
per sh
are
per sh
are
_________________
125
23_______________
$125 00
$176 58
24 ____ .
________________________
113
113 00
153 99
__________________
101
132 99
25 101 00
2 6 __________________________________
89
89 00
113 27
27___________________________________
77
94 73
77 00
28________________- _____
—
65
77 33
65 00
29— — .____________
_____________
53
53 00
60 97
__________ ______ ___________
41
30 _
41 00
45 65
31___________________________________
29
29 00
31 26
32 ____ ____________________________
17
17 00
17 77
$270,465 52
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report__$14,481
Installment shares, dues___ 47,231
Interest — - _______________
17,225
15
Premiums _________________
Fines and fe e s ---------------436
Loans repaid ______________
38,165
23
All other receipts-------------
Totf^l liabilities
W
ithdrawal
value
$157 55
139 60
122 25
105 50
89 35
73 80
58 85
44 50
30 75
17 46
u
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 24.
N E W C A S TLE .
NEWCASTLE BUILDING AND LOAN ASSOCIATION.
(In c orp orate d
Jo h n
W
allace,
Secretary.
M a y 20, 1889.)
G eo.
W.
B
is b e e ,
President.
F iscal y ear ended A p ril 30, 1918.
N o. o f series,
11.
No.
of m em bers and investors, 89.
Assets.
________
Installment shares, dues___ $45,408 00
00 Installment shares, profits_
12,041 08
Advance payments
_ __
57 23
Reserve and undivided profits
1,885 01
73 50
— Sundry ledger accounts-----w
54
53
00
00
$50,524 82
_
Total liabilities
______
$880 07 Overdrafts and bills payable.
8.155 00 Loans on mortgages and
shares -----------------------4,270 86
10 05 Interest p a id __
repaid,
installment
4 50 Dues
shares
______ __ i
2,750 00
3.775 52 Profits repaid, installment
shares ____ _________ __
01 34
Salaries
_ — _ -----Taxes _
----------------Other expenses________
A 1
1 other disbursements,
bonds, e tc .______ _ ___
Balance, cash in office and
hank
___ ________
_ $ 10,020 84
$3,775 52
5,800 00
47 31
5,044 00
1,770 82
417 50
134 00
02 00
300 00
2,485 54
Total disbursements___ $10,020 84
Installment Shares, With Age, Value, and Withdrawal Value.
Age in
B value
ook
Total d es
u
Serial
mn s
o th
p sh
er are
per sh
are
No.
_______
______
120
$105 02
$120 00
20____ 108 00
_ _ ________ ______
...
108
144 37
21 ____
___________
______ . . .
00
124 37
90 00
84
84 00
105 42
2 3 _____ _________________ ________
______ ___
____
72
72 00
87 55
24_______ ______
_ _
_
00
60 00
70 71
25. . . . . _________________
. . . ________
.
48
48 00
54 80
20_______ ______
30 00
m so
27.
.
____________________
.
30
24
24 00
25 60
2 8 ____- . . . _______________________
12 00
12
20— . . . ____________________________
12 43
$50,524 82
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues___
In terest ________ ______
F in e s ______ __________
F e e s --- ---------------- ----Loans repaid _____ _____
Overdrafts and bills payable.
All other receipts. __ _____
Total receipts __
o f shares, 658.
Liabilities.
Loans, on mortgages. $54,150; on shares, $1,000____ $55,150
Arrearages—
On shares_____
$15 (X)
On fines ______
75
1n
( ’ash. in office, $38.96; in
hank, $2,440.58 ________
2,485
_ ___ _
Heal estate owned_
1.473
Furniture and fixtures____
50
Other assets, Liberty Bonds
350
Total assets
No.
W
ithdrawal
value
Dues plus
profits as
p e r bylaws.
45
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 25.
O A K LA N D .
ALAMEDA COUNTY LOAN ASSOCIATION.
(In corp orated July 20, 1875.)
( ‘ h a s . 1\ I I o a c .
Secretary.
J. B.
R ic h a r d s o n ,
President.
F iscal y ear ended June 30, 1918.
N o. o f series, none.
N o. of m em bers and investors, 603.
Assets.
N o. o f shares, 3,306.
Liabilities.
IAians. on definite contract,
$432,075.93; on shares, $1,200; on contract sales.
$20,835.91_______________ $451,111
Arrearages, on interest-----1,180
( ‘ash, in office. $200; in bank,
$8,470.27________________
8,070
Real estate owned, office
70,525
bldg., $07.300.82________
400
Furniture and fixtures______
Advances, ledger accounts___
42
2.500
Other assets. Liberty Bonds
84
74
27
23
00
50
00
Total assets___________ $540,442 07
Installment shares, dues_____ $104,507 72
_
47,857 25
Installment shares, profits_
I'aid-up and prepaid shares,
capital __________________
52.402 37
Paid-up and prepaid shares,
10,504 80
dividends________________
Investment certificates, prin
cipal —
170,021 03
Investment certificates, divi
10,052 71
dends ___________________
Advance paym ents________
20 50
Overdrafts and bills payable.
14,000 00
Reserve and undivided profits 31,007 04
Iioans due and incomplete___
13,244 21
Sundry ledger accounts_____
210 40
All other liabilities_________
507 08
Total liabilities_______ $510,442 07
for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report___$30,425 13 Overdrafts and billspayable- $40,000 00
Installment shares, dues____ 42,141 74 Dams on mortgages and
shares------------------------- 177,072 91
Paid-up and prepaid shares,
500 20
dues _____________________
0,525 03 Interest p a id ______________
Investm ent c e r t ific a t e s ______
23,500 72
D u es
repaid,
installm ent
shares __________________
In terest------------------------30,191 08
Loans repaid ------------------ 155,302 10 Profits repaid, installment
shares __________________
Overdrafts and bills payable 54,000 00
Paid-up and prepaid shares,
Advances repaid, personal ac
c a p ita l------------- .--------counts ----------------------800 34
Paid-up and prepaid shares,
All other receipts, real estate,
dividends________________
e t c . ______________________
20,530 85
Investment certificates, prin
cipal _____________________
Investment certificates, divi
dends ____________________
Advances, personalaccountsSalaries___________________
T a x e s ______________________
Other expenses_____________
All other disbursements_____
Balance, cash in office and
b a n k _____________________
Total receipts___
____ P90,550 79
11,058 93
0,817 00
1,232 37
39,125 14
10,720
1,327
3,985
470
3,205
27,310
20
28
00
15
70
88
8,070 27
Total disbursements — $390,559 70
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
52,349 < 1
1
46
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 26.
O A K LA N D .
COSMOPOLITAN MUTUAL BUILDING AND LOAN
ASSOCIATION.
(In corp orated A u g u s t 4, 1879.)
W . S. G o u l d ,
Secretary.
N o. o f series, 23.
W
F isc al y e a r ended July 31, 1917.
N o. o f m em bers and investors, 304.
Assets.
Loans on definite contract,
$118,431.02; on shares,
$6,735.16________________ $125,100
Arrearages—
On shares ___ $1,230 36
On in te re s t____
851 30
2,087
Cush, in office, $1,846.02; in
bank, $3,266.77__________
5,112
Real estate ow ned_____ __
20,142
Furniture and fixtures_____
500
Advances, ledger accounts___
206
Other assets------------ ------280
78
75
79
50
00
62
65
Total receipts
-----
. H. H
ig h
,
President.
N o. o f shares, 2,131.
Liabilities.
Installment shares, dues____ $78,683 30
Installment shares, profits_
16,507 -23
Paid-up and prepaid shares,
capital
_
____ ____
10,900 00
Investment certificates, prin
cipal _______ _____ _____
20,452 96
Advance payments ______ _
11,111 07
Overdrafts and bills payable- 10,900 00
Reserve and undivided profits
4,155 72
Loans due and incomplete___
276 79
Sundry ledger accounts____
510 02
Total liabilities_______ $153,497 00
Total assets__________ $153,497 09
Receipts for Fiscal Year.
Balance from last report___
$3,760
Installment shares, dues____
27,507
Paid-up and prepaid shares,
d u e s ________
____
6,650
Investment certificates_____
12,525
Interest —
______ __ ____
11,674
F in e s _____ ________ _____ __
59
Loans rep a id _________ ____
71,956
Overdrafts and bills payable24,278
Advances repaid, personal ac4,260
c o u n ts __
_______ ____
All other receipts, real estate,
e t c . __________ ___ ___
6,463
m
Disbursements for Fiscal Year.
95 Overdrafts and bills payable- $36,878 62
83 Loans on mortgages and
shares __________________
51,018 -65
3,101 16
00 Interest paid -----------------repaid,
installment
84 Dues
shares___ _ __________ _ 29,923 73
14
54 Profits repaid, installment
shares___________________
5,011 67
39
62 Paid-up and prepaid shares,
c a p ita l------ ----------------2,500 00
93 Paid-up and prepaid shares,
dividends--------------------529 50
89 Investment certificates, prin
10,719 55
cipal
_ ______ _______
Advances, personal accounts3,212 03
Salaries--------- --------------2,550 00
T a x e s ---------------------------539 66
811 12
Other expenses _ _ ___—
All other disbursements, real
estate, etc-------------—
17,229 65
Balance, cash in office and
bank--- --------- •
_________
5,112 79
— $169,138 13
Total disbursements----- $169,138 13
Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.
58____________________ ______________
60___________________ ______________
62____________________ ______________
6 4 ___________________ ______________
66____________________ ______________
68____________________ _______ •
______
7 0 ___________________ ______________
7 2 ___________________ ______________
74_____________________ ____________
76----------------------------- ____________
Age In
months
120
108
96
84
72
60
48
36
24
12
Total dues
per share
$120 00
108
96
84
72
60
48
36
24
12
00
00
00
00
00
00
00
00
00
Book value
per share
$160
140
120
102
85
68
53
39
25
12
72
19
73
39
09
81
54
10
37
36
W
ithdrawal
value
$158
136
114
95
79
68
53
38
25
12
69
98
58
96
20
60
32
91
26
31
47
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 27.
O N T A R IO .
PEOPLES MUTUAL BUILDING AND LOAN ASSOCIATION.
( In corporated June 24, 1891.)
J. O. H end er so n,
Secretary.
A. P.
H arw ood,
President.
F isc al y e a r ended Decem ber 31. 1917.
No. of series, none.
N o. o f m em bers and investors, 710.
Assets.
N o. of shares, 11,912.
Liabilities.
Installment shares, dues____$196,243 43
Loans, on mortgages, $542,500; on shares, $0,8(53.33-$540,3® 33 Installment shares, profits___
53,720 22
Paid-up and prepaid shares,
Arrearages—
capital ----------------------- 288,800 00
On in terest___$5,625 84
Paid-up and prepaid shares,
On fines and fees
709 40
8,122 10
------------------------ 0,33524dividends--------------------Cash in bank_______________
10,889 73 Overdrafts and bills payable. 14,724 61
8,732 17 Reserve and undivided profits 17,206 76
Real estate owned_________
5,752 81
Furniture and fixtures_____
1,601 60 Loans due and incomplete—
585 96
Advances, ledger accounts—
633 32 Sundry ledger accounts-----Other assets, Liberty Bonds2,600 00
Total assets___________ $580,155 39
Receipts for Fiscal Year.
Balance from last report___$13,670
Installment shares, dues_
_
95,475
Paid-up and prepaid shares,
dues _____________________ 53,775
In terest___________________
39,292
Fines ______________________
681
F e e s ______ i _______________
45
Loans rep aid ------------------ 132,188
Overdrafts and bills payable.
5,030
Advances repaid, personal ac
counts __________________
3,525
All other receipts___________
480
Total liabilities_______ $580,155 39
Disbursements for Fiscal Year.
11 Overdrafts and bills payable. $8,986 37
04 Loans on mortgages and
shares ----------------------- 131,387 92
00 Interest p a id ______________
937 58
90 Dues
repaid,
installment
(X)
shares __________________ 106,850 88
70 Profits repaid, installment
27
shares------------------------21,501 45
63 Paid-up and prepaid shares, .
c a p ita l----------------------36,025 00
45 Paid-up and prepaid shares,
00
dividends________________
16,471 95
Advances, personal accounts.
2,315 41
Salaries __________________
2,850 00
T a x e s ___________
614 32
Other expenses_____________
973 34
All other disbursements, Lib
erty Bonds, etc-------------4,360 15
Balance, cash in office and
bank-------------------------10,889 73
Total receipts ________ $344,164 10
Total disbursements — $344,164 11
Installment Shares, W ith Age, Value, and Withdrawal Value.
D ayton plan.
Dues, 60 cents per sh are per month.
Dividend, last fiscal year, 7.25 p er c en t
Book value, dues plus dividend.
W ith d ra w a l value, dues plus profits, as per by-law s.
48
REPORT ON B GILDING AND LOAN ASSOCIATIONS.
No. 28.
O RAN GE.
ORANGE BUILDING AND LOAN ASSOCIATION.
(In corp orated September 21. 1887.)
O sm an
P j x l e y . Secretary.
D . C. P
ix l e y ,
President.
F iscal y ear ended October 31. 1917.
No. o f series. 22.
N o. of m em bers and investors. 596.
N o. of shares. 4.915.
Assets.
Liabilities.
Loans, on mortgages, $369.300; on definite contract,
.$173,005.51; on shares, $1,805; on contract sales,
$3,480.53 ________________ $547,000 04
Arrearages—
On shares______ $1,707 50
On in terest____ 5,507 50
On fin e s _________ (53707
-----------7,042 07
fash, in office. $233.03; in
bank, $ i8,055.80 ________
1.8,288 83
Real estate owned_________
10,005 17
Furniture and fixtures______
(507 05
Advances, ledger accounts___
1(51 42
Other assets, Liberty Bonds1,000 00
Guarantee stock, capital____ $25,000 00
Guarantee stock, surplus and
dividends____________j:___
13,000 00
Installment shares, dues____ 187,977 00
Installment shares, profits_ 50,480 12
Paid-up and prepaid shares,
capital __________________ 272,350 00
Paid-up and prepaid shares,
dividends________________
5,450 S3
Advance payments ----------241 70
Overdrafts and bills payable10,000 00
Reserve and undivided profits
13,074 45
Loans due and incomplete___
1,173 88
Sundry ledger accounts-----til 38
All other liabilities_________
945 82
Total assets__________ $58(5,055 18
Receipts for Fiscal Year.
Balance from last report___$17,810
Installm ent shares, dues______
Total liabilities________ $586,055 18
Disbursements for Fiscal Year.
$1,900 00
25 Overdrafts and billspayable-
46,856 00
Ix)an s
on
m ortgages
and
Paid-up and prepaid shares,
shares __________________ 133,029
17
dues ____________________
61,100 00 Interest paid ______________
Interest ------------------------45,435 47 Dividends on guarantee stock
3,750
1,002 13 Dues
repaid,
installment
Fines
- _________________
F e e s _______________________
50 05
shares_____________ 81,363
Loans repaid ______________ 162,125 08 Profits repaid, installment
shares __________________
34,850
Overdrafts and hills payable1.000 00
I ’aid-up and prepaid shares,
Advances repaid, personal ac
capital __________________
38,200
counts __________________
1.401 10
All other receipts, real estate.
Paid-up and prepaid shares,
e t c .______________________
(58(5 (52
dividends_________
14,900
Advances, personalaccounts1,290
S alaries_____________
2,453
T a x e s ------------------730
Other expenses______
737
All other disbursements, real
estate, etc. ______________
6,954
Balance, cash in office and
18,288
bank ___________________
Total receipts------------ $338,407 50
20
70
00
75
81
00
61
40
00
69
96
37
83
Total disbursements___$338,467 50
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
N
o.
16____________________ ______________
18______ ____________ ______________
20____________________ _____________
oo
_________
__
24_______________ — ______________
____
____
26______________ ____
28____________________ ______________
30_____ _____ _____ _____________
32— ________________ _____________
34_____ _ _ • ____ ______ _____
_
Age In
mu s
o th
120
108
90
84
72
(10
48
36
24
12
Total d es
u
per sh
are
$120 00
108 00
96 00
84 00
72 IK)
60 00
48 00
36 00
24 00
12 00
B value
ook
per sh
are
$186 16
100 01
135 91
113 60
93 25
74 38
56 99
40 94
26 17
12 55
W
ithdrawal
valu
e
$186 16
160 01
135 91
113 69
87 94
70 78
54 74
39 70
25 08
12 27
49
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 29.
PA LO A LTO .
PALO ALTO MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d N ovem ber 14, 1892.)
E d w a r d J e s u r u n , Secretary.
A . B . C l a r k , President.
F isc al y e a r ended Septem ber 30, 1917.
N o. o f series, none.
N o. o f m em bers and investors, 410.
N o . o f shares, 1,993.
Assets.
Liabilities.
Loans, on definite contract,
$450.176.24; on shares,
$3,700.00 _________________$453,876 24
7 00
Arrearages, on rents_______
Cash, in office, $200; in bank,
$7,407.28 ________________
7,067 28
Real estate owned-----------80,008 (M
l
Furniture and fixtures_____
2,135 68
Advances, ledger accounts—
635 25
Other assets, street bonds,
etc. ______________________
1,621 71
Guarantee stock, capital----- $30,750 00
Guarantee stock, surplus and
1,846 25
dividends _______________
Installment shares, dues----67,782 20
Installment shares, profits—
26,041 80
Paid-up and prepaid shares,
c a p ita l__________________
33,123 58
Paid-up and prepaid shares,
dividends________________
503 30
Investment certificates, prin
cipal _____________________ 345,438 17
Investment certificates, divi
dends ____________
1,107 40
Reserve and undivided profits
10,237 27
Loans due and incomplete---0,619 78
Sundry ledger accounts_____
4,130 20
All other liabilities, contin
4,212 00
gent and tax reserve--------
Total assets
$534,051 19
Receipts for Fiscal Year.
Total liabilities
$534,951 19
Disbursements for Fiscal Year.
$10,000 00
Balance from last report___ $8,222 90 Overdrafts and billspayable.
15,712 40 Loans on mortgages and
Installment shares, dues----shares __________________ 136,219 87
Paid-up and prepaid shares,
29 17
dues -------------------------2,424 72 Interest paid -----------------2,152 50
Investment certificates_____ 152,033 04 Dividends on guarantee stock
In terest___________________
38,719 02 I >ues
repaid,
installment
Loans rep a id ______________ 138,747 72
shares____________
17,104
45
Overdrafts and bills payable. 10,000 00 Profits repaid, installment
Advances repaid, personal ac
shares __________________
3,197 50
17,775 05 Paid-up and prepaid shares,
counts __________________
All other receipts, rents, real
c a p ita l___________
5,325
00
estate, e t c . -----:_________
2,477 79 Paid-up and prepaid shares,
dividends_________
2,082
68
Investment certificates, prin
cipal _____________________ 143,513 11
Investment certificates, divi
dends ___________________
19,182 63
Advances, personalaccounts.
9,734 16
Salaries __________________
2,820 00
Taxes -------------------------1,768 52
Other expenses------1,502
82
All other disbursements, real
estate, etc. -----------------23,812 95
Balance, cash in offiee and
bank ___________
7,667 28
Total receipts
______ $386,112 64
Total disbursements___$386,112 64
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, $1.00 per sh are per month.
Dividend, last fiscal year, 6 per cent.
B o ok value, dues p lus dividend.
W ith d ra w a l value, dues plus profits as p er b y-la w s.
4— 40296
50
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 30.
PA SAD EN A .
CALIFORNIA SECURITY LOAN CORPORATION.
(In c orp orate d M arch 22, 1809.)
A. J.
A. W.
M o r r is , Secretary.
B
yrne,
Presicfent.
F iscal y e a r ended D ecem ber 31. 1917.
N o. of series, none.
N o. o f m em bers and Investors, 926.
Assets.
I^oans, on mortgages, $227,710.55; on definite con
tract,
$606,348.83;
on
shares, $2,870: on contract
sales, $13,721.98________ $950,651
Arrearages, on interest_____
6,288
Cash, in office, $14,473.09; in
bank, $10,971.58 ________
25,444
Real estate owned (office
63,552
bldg., $48,561.13) _______
2,621
Furniture and fixtures-----Advances, ledger accounts___
52
Other assets, Liberty Bonds
and interest______________
7,446
Liabilities.
36
40
67
22
01
20
Guarantee stock, capital.___$100,000 00
Guarantee stock, surplus and
dividends________________
3,000 00
Investment certificates, prin
cipal ____________________ 877,292 31
Investment certificates, divi
4,844 00
dends ------------------------Advance paym ents________
879 82
Overdrafts and bills payable. 51,000 00
Reserve and undivided profits 12,129 97
Loans due and incomplete___
3,703 93
Sundry ledger accounts_____
333 83
All other liabilities, escrows.
2,872 00
00
Total assets__________ $1,056,055 86
Receipts for Fiscal Year.
Balance from last report___$26,793
Investment certificates_____ 425,991
In te re s t------------------------78,958
Premiums
-------------------1,933
Fines ______________________
389
Loans repa*d ______________ 397,162
Overdrafts and bills payable. 91,000
Advances repaid, personal ac
counts __________________
33,118
All other receipts, real estate,
e t c . ______________________
5,170
N o. o f shares, 1,000.
Total liabilities_______ $1,056,055 86
Disbursements for Fiscal Year.
83
58
42
58
65
46
00
Overdrafts and bills payable $40,000 00
Loans on mortgages and
shares __________________ 485,913 10
Interest p a id ______
484
63
Dividends on guarantee stock
3,000 00
Investment certificates, prin
cipal ------------------------- 373,796 78
Investment certificates, divi
48
51,435 03
dends ___________________
Advances, personalaccounts.
28,700 04
90 S alaries--------------- 11,085
00
T a x e s ______________
1,147
12
Other expenses_____
5,389
69
All other disbursements, real
estate, bonds, etc_______*_ 34,122 84
Balance, cash in office and
ban k_____________ 25,444
67
Total receipts________ $1,060,518 90
Total disbursements___$1,060,518 90
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, 60 cents per sh are p er month.
Dividend, la s t fiscal year, 6 p er cent.
B o ok value, dues p lus dividend.
W ith d ra w a l value, fu ll book value.
51
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 31.
PA SAD EN A .
PASADENA BUILDING AND LOAN ASSOCIATION.
(In c orp orate d F e b ru a ry 7, 1899.)
E v e r e t t D . H u x , Secretary.
S o l o n B r i g g s , Presiden t.
F isc al y e a r ended D ecem ber 31, 1917.
N o. o f series, none.
N o. of m em bers an d investors, 560.
N o. o f shares, 2,548.
Liabilities.
Assets.
Loans, on mortgages, $87,098.53; on definite con
tract,
$119,648.85;
on
shares, $ 0 1 5 _____________ $208,262
Arrearages, on interest_____
4,356
Cash, in office, $2,250.15; in
bank, $33,287.08 ________
35,537
Advances, ledger accounts_
211
Other assets_______________
28
38
23
23
11
00
Guarantee stock, capital____
Guarantee stock, surplus____
Installment sha.es, dues____
Installment shares, profits__
Paid-up and prepaid shares,
capital -----------------------Paid-up and prepaid shares,
dividends_ _____________
_
Investment certificates, prin-
$9,000
1,585
24,116
27,543
00
83
03
38
20,200 00
152 00
148,420 19
Investment certificates, divi
dends ____________________
Reserve and undivided profits
Imrans due and incomplete___
Sundry ledger accounts_____
All other liabilities, guarantee
dividends unpaid________
Total assets__________ $248,394 95
Receipts for Fiscal Year.
Balance from last report____$27,101
Installment shares, dues____ 15,952
Paid-up and prepaid shares,
dues -------------------------15,400
Investment certificate®
__
85,301
Interest ___________________
14,439
Loans l-epaid ______________
24,790
Total receipts
540 00
Total liabilities________ $248,394 95
Disbursements for Fiscal Year.
Total disbursements___$182,985 26
Installment Shares, W ith Age, Value, and Withdrawal Value.
39
23
10
80
01 Loans on mortgages and
shares ----------------------- $81,909 50
97
Dividends on guarantee stock
1,080 00
00 Dues
repaid,
installment
79
shares _______________
9,379 38
37 Profits repaid, installment
12
shares____________________
1,973 68
Paid-up and prepaid shares,
capital -----------------------6,500 00
Paid-up and prepaid shares,
371 75
dividends________________
Investment certificates, prin
cipal _____________________
36,888 76
Investment certificates, divi
dends ------------------------5,852 98
Advances, personal accounts150 36
Salaries____________________
1,992 00
Taxes _____________________
122 50
Other expenses_____________
1,227 12
Balance, easli in office and
ban k_____________________ 35,537 23
$182,985 26
D ayton plan.
D u es 60 cents per sh are p er month.
Dividend, last fiscal year, 6 per cent.
B o ok value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
5,085
5,866
5,742
143
52
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 32.
PA SO R O B L E S .
PASO BOBLES MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d Septem ber 8, 1905.)
F. G. W
etzel,
Secretary.
B . J. D o u g h e r t y , President.
F iscal ye a r ended A u gu st 31, 1917.
N o. o f series. 9.
N o.
o f m em bers and
investors.
61.
Assets.
N o. of shares, 269.
Liabilities.
Loans, on mortgages, $2,000;
Installment shares, dues____
on definite contract, $23,Installment shares, profits___
694.90; on shares, $825-_ $26,510 90 Paid-up and prepaid shares,
Cash, in office, $25; in bank,
c a p ita l__________________
$021.07 _________________
646 97 Investment certificates, prin
Furniture and fixtures_____
156 55
cipal _____________________
Advances, ledger accounts___
75 00 Reserve and undivided profits
Total assets
Total liabilities
$27,398 42
$4,557
1,827
1,275
2,733
34
5
17,426
3,600
1,500 00
13,250 00
4,418 62
$27,398 42
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues____
Investment certificates_____
In te re s t__________
_____
Fines
_ _____ _ _
Fees
Ix>ans repaid . ______
Overdrafts and bills payable
$6,406 80
1,823 00
76 Overdrafts and bills payable
00 Loans on mortgages and
00 • s h a r e s ____________ ___
10 Interest p a id ______________
repaid,
installment
37 Dues
shares
35
96 Profits repaid, installment
shares
_ ____
_ _
00
Paid-up and prepaid shares,
dividends _____ ___ _____ __
Investment certificates, prin___ ______
cipal ____ —
Investment certificates, dividends _____________ _____
Salaries________ _______ ___
Taxes
_______________ ____
Other expenses___ _ ___
Balance, cash in office and
bank___ _____________ __
Total receipts______ __ $31,400 14
$3,600 00
11,535 10
502 67
10,561 80
2,715 46
83 00
600 00
559
511
73
71
00
00
21
93
646 97
Total disbursements___ $31,460 14
Installment Shares, With Age, Value, and Withdrawal Value.
Sarlal
No.
3--------------------------------------------6--------------------------------------------10___________________________________
14___________________________________
16--------------------------------------------18 -----------------------------------------19 ----------------------------------------20 ----------------------------------------22---------------------------------------------
Age in
mouths
129
117
99
81
72
48
45
24
12
Total dues
per share
$129
117
99
81
72
48
45
24
12
00
00
00
00
00
00
00
00
00
Book value
per share
$194 12
169 59
135 05
103 21
89 70
55 99
52 10
26 16
12 59
Withdrawal
value
$190 86
16(5 96
133 31
100 99
87 93
53 99
50 33
25 62
12 44
53
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 33.
PETALU M A .
PETALUMA MUTUAL LOAN ASSOCIATION>
(In corp orated Septem ber 27, 1889.)
F. A. Ckomweix , Secretary.
F. II. D e n m an , I*resident.
F iscal y e a r ended Septem ber 30, 1917.
No. of series,
12.
N o. of m em bers and investors, 85.
Assets.
N o. o f shares, 728.
Liabilities.
Loans, on mortgages, $38.Installment shares, dues____$44,388 00
497.28; on shares, $1,875- $40,372 28 Installment shares, profits_
8,756 14
Arrearages—
Reserve and undivided profits
1,110 20
On shares ------ $222 00
On interest_____
236 40
18 60
On fin e s -------------------- 477 00
(lash in bank_______________
9,965 06
3,410 00
Real estate owned------------Furniture and fixtures-------30 00
Total assets-------------
$54,254 34
Total liabilities_______ $54,254 34
Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues____
In terest___________________
F in e s ________ _____________
Ix>ans repaid ______________
Overdrafts and bills payable
Disbursements for Fiscal Year.
$3,151
9,430
3,256
42
10,425
3,000
Total receipts------------
44 Overdrafts and b’lls payable00 Loans on mortgages and
37
shares___________________
40 Interest paid
00 Dues
repaid,
installment
00
shares------------------------Profits repaid, installment
shares------------------------Salaries____________________
T a x e s ______________________
Other expenses_____________
All other disbursements, real
estate, etc. -----------------Balance, cash in office and
bank_____________________
$29,314 21
$3;000 00
5,408 36
75 DO
7,627 00
1,530
420
163
49
86
00
03
25
1,075 03
9,965 06
Total disbursements--- $29,314 21
Installment Shares, With Age. Value, and Withdrawal Value.
Age in
months
Serial
No.
20
‘>1
_
22______
_________________
__________
—
—
—
____ —
*>4
25______ _ _______________________
20_____ _______________________________
*>
7
28____________________ _________ _______
29___________________________________
120
108
96
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$120
108
96
84
72
60
48
36
24
12
$156
136
118
100
83
67
52
38
25
12
00
00
00
00
00
00
00
00
00
00
51
69
03
35
66
m
8T»
63
15
30
Withdrawal
value
$150
136
117
99
82
67
52
38
24
12
51
69
48
53
79
06
12
10
86
21
54
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 34.
PLEA SA N TO N .
PLEASANTON MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c o rp o rate d M arch 1, 1895.)
T . II . S i l v e r , Secretary.
0 . L e t h a m , President.
F isc al y e a r ended M arch 27. 1918.
N o. o f series, 20.
N o. o f m em bers and investors, 41.
Assets.
N o. o f shares. 270.
Liabilities.
Loans, on mortgages______ $20,550 00 Installment shares, dues____ $16,560 00
Arrearages—
Installment shares, profits___
4,192 10
On shares______ $140 00
Reserve and undivided profits
2,210 27
On in te re s t----105 60
------------ •
305 60
Cash in bank________ ___
2,106 77
Total assets
_________
$22,962 37
Total liabilities
Receipts for Fiscal Year.
Balance from last report----Installment shares, dues____
Interest _ ---------- ----------F e e s _______________________
Loans re p a id ______ ____
Advances repaid, personal ac
counts -----------------------
Total receipts
---------
______ $22,962 37
Disbursements for Fiscal Year.
$1,211
3,371
1,519
17
4,600
27 Loans on mortgages and
00
shares--------------- ---------70 Dues
repaid,
installment
50
shares------------------------00 Profits repaid, installment
shares------------------------172 00 Advances, personal accountsSalaries____________________
T a x e s --------------- ----- ------Other expenses---------------Balance, cash in office and
bank_____________________
$10,891 47
$2,850 00
4,100 00
1,282
305
150
45
42
60
60
00
00
50
2,100 77
Total disbursements----$10,891 47
Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No,
Age in
months
24—
28—
30—
32—
34—
MS—
38—
40-_
42—
44-
132
108
96
84
72
60
48
30
24
12
Total dues
per share
Book value
per share
$132
108
96
84
72
60
48
36
24
12
$188
144
124
105
87
70
54
39
25
12
00
00
00
00
00
00
00
00
00
00
40
30
20
05
25
50
45
60
60
40
Withdrawal
value
Dues plus
90 p e r
cent o f
profits.
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 35.
55
POM ONA.
HOME-BUILDERS LOAN ASSOCIATION.
(In c o rp o rate d M arch 16, 1908.)
('. K. G bkaser, Secretary.
J. W. F ulton , President.
F isc al y e a r ended M arch 31, 1918.
N o. of series, none.
N o . o f m em bers and investors, 839.
Liabilities.
Assets.
Loans, on definite contract,
$606,451.07; on shares,
$6,207.53 _________________ $672,749
Cash, in office, $789.12; in
bank, $15,234.12 ________
16,023
Keal estate owned (office
42,781
bldg., $15,000)__________
Furniture and fixtures-------655
Advances, ledger accounts___
2,078
2,500
Other assets, Gov’t bonds___
20
34
87
06
67
00
Total assets------------- $736,788 14
Guarantee stock, capital____$100,000 00
Guarantee stock, surplus,
$15,000; dividends, $6,000- 21,000 00
63,281 75
Installment shares, dues____
Installment shares, profits__ 24,636 13
Investment certificates, prin
cipal -------------------------- 481,334 66
Investment certificates, divi
dends ____________________
7,296 52
Overdrafts and bills payable- 20,000 00
Reserve and undivided profits
1,085 85
10,364 73
Loans due and incomplete—
Sundry ledger accounts_____
1,176 00
All other liabilities, unearned
bonus____________________
6,612 50
Total liabilities_______ $736,788 14
Disbursements lor Fiscal Year.
Receipts for Fiscal Year.
Balance from last report----- $13,131
Installment shares, dues____
15,429
Investment certificates_____ 287,983
66,775
In terest___________________
Fines ______________________
535
F e e s ----------------------------277
Loans re p a id ------------------ 160,337
Overdrafts and bills payable- 30,000
Advances repaid, personal ac
counts ___________________
8,238
All other receipts, real estate,
e t c .______________________
18,764
N o . o f shares, 3253.
Overdrafts and billspayable. $55,000 00
Loans on mortgages and
shares---------------- 230,694
45
Interest p a id _______
1,347
21
Dividends on guarantee stock
11,000 00
Dues
repaid,
installment
7,574
50
shares---------------Profits repaid, installment
shares---------------2,548
39
00 Investment certificates, prin
cipal — — _________ 208,530
39
90 Investment certificates, divi
dends ___________________
25,778 50
Advances, personalaccounts.
7.914 60
Salaries_____________
4,865
00
T a x e s _______________
807
45
Other expenses______
4,116
87
All other disbursements, real
estate, e tc .________
25,272
67
Balance, cash in office and
bank______________
10,023
34
32
50
70
61
81
00
49
00
Total receipts------------ $601,473 42
Total disbursements — $601,473 42
Installment Shares, W ith Age, Value, and Withdrawal Value.
Dayton plan.
D u es 50 cents per sh are per month.
Dividend, last fiscal year, 10 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
56
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 36.
POMONA.
MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated Decem ber 24, 1892.)
W,
I> F
.
b k p e k ic k ,
Secretary.
M
el.
C a m p b e l l , President.
F isc al y ear ended Decem ber 31, 1917,
No. o f series, 21.
N o. of m em bers and Investors, 1,700.
Liabilities.
Assets.
lyoans. on mortgages, $1,193,94-1.02; on shares, $4,51O_$1,108,451
Arrearages, on shares_____
0,219
Fash, in office, $5,874.39; in
bank, $42,871.45 _______
48,745
Heal estate owned, office
b ld g.___________________
24,500
Furniture and fixtures_____
1,100
Other assets, Liberty Bonds
3,000
02
50
84
00
00
00
Total assets_________ $1,281,019 30
Installment shares, dues____$232,74(5 O
O
Installment shares, profits_
40,544 18
Paid-up and prepaid shares,
capital _________________
939,400 00
Paid-up and prepaid shares,
dividends------------------25,078 55
Advance payments________
503 00
Reserve and undivided profits
14,128 73
15,270 89
Loans due and incomplete__
Sundry ledger accounts----0,748 01
Total liab ilities______ $1,281,019 30
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from lastreport—
Installment shares, due____
Paid-up and prepaid shares,
dues i__________________
Interest ----------------------Prem ium s
____________________
Fines ____________________
F e e s ______________________
Loans repaid _____________
Advances repaid, personal
accounts _______________
All other receipts,rents, etc.
Total receipts ---------
N o. o f shares, 21,334.
$49,080 13 Loans on mortgages and
shares _________________ $373,138 08
73,847 50
Dues repaid, installment
shares ---------------------423,400 00
00,030 50
78,834 23 Profits repaid, installment
10,305 70
shares__________________
194 TO
409 08 Paid-up and prepaid shares,
297 83
capital _________________
208,000 00
193,949 75 Paid-up and prepaid shares,
dividends -----------------41,922 00
8.818 55 Advances, personal accounts
9,938 75
2,841 35 S alaries__________________
4,948 50
T a x e s _____________________
2,276 20
Other expenses -------------3,630 38
All other disbursements, Lib
erty Bonds and real estate
expense --------------------4,130 59
Balance, cash in office and
bank ______
48,745 84
$833,733 14
Total disbursements — $833,733 14
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
_
________
3 1 _____ _ .______
___________ _____
33,__________ .
________________ ___ _
3 5 ____
___________
______
37
39
________ . ______________ ____
41
_
_ .________ _____________
43______ —
______________ 45___________ ___ _________________
4 7 __________ ____
_____________ _
4 9 ,™ ..........
.......................... —
Age In
mn s
o th
120
108
96
84
72
60
48
30
24
12
Total d es
u
per sh
are
$00 00
54 00
48 00
42 00
36 00
30 00
24 00
18 00
12 00
6 00
B value
ook
per sh
are
$86 43
74 91
64 19
54 11
44 69
35 90
27 69
20 03
12 88
6 22
W
ithdrawal
value
$86 43
72 91
62 19
51 87
41 11
34 84
27 04
19 67
12 73
6 18
57
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 37.
P O R T E R V IL L E .
PORTERVILLE MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c o rp o rate d September 29, 1905.)
O. O. 1‘HEMO. Secretary.
H . C, C ar r ,
President.
F iscal year ended October 31, 1917.
N o. o f series, none.
N o. o f m em bers and investors, 137,
Assets.
N o. of shares, 2,731.
Liabilities.
Loans, on mortgages, $74,000;
Installment shares, dues____ $51,300 11
on shares, $500 ________ $74,500 00 Installment shares, profits__ 21,062 41
1,042 60 Paid-up and prepaid shares,
Arrearages, on interest-----Cash, in office, $58.81; in
capital __________________
2,200 00
bank, $2,147.76 _________
2,206 57 Reserve and undivided profits
2,568 53
703 70 Ijoans due and incomplete—
Real estate owned-----------700 00
Advances, ledger accounts_
184 18
Other assets, Liberty Rond_
100 00
Total assets-------------- $78,737 05
$78,737 05
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from lastreport----$7,848
13,148
Installment shares, dues_____
Paid-up and prepaid shares,
dues _____________________
2,200
In terest------------------------6,963
F e e s _______________________
65
Ixtans repaid ______________
25,390
Overdrafts and billspayable 13,500
Advances repaid, personal ac
counts ----------------------270
All other receipts, real estate,
e t c . --------------------------8,610
Total liabilities_______
60 Overdrafts and bills payable- $15,000 00
09 Ijoans on mortgages and
shares __________________
16,875 00
544 43
00 Interest p a id ______________
repaid,
installment
48 I hies
shares __________________
20,263 22
50
00 Profits repaid, installment
shares __________________
12,470 35
00
Advances, personal accounts415 06
300 00
26 Salaries------------------------T a x e s ______________________
495 81
162 60
72 Other expenses_____________
A ll other disbursem ents, real
estate, etc. -----------------Balance, cash in office and
bank_____________________
Total receipts ----------- $72,996 74
2,206 57
Total disbursements___$72,996 74
Installment Shares, W ith Age, Value, and Withdrawal Value.
D ayton plan.
D u es 50 cents p er sh are p er month.
Dividend, last fiscal year, 7.92 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
4,IX® 70
58
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 38.
R ED LA N D S.
HOME INVESTMENT ASSOCIATION.
(In c o rp o rate d M arch 22, 1890.)
J. W
akken
S m i t h , Secretary.
W . T . B i l l , Presiden t.
F isc al y e a r ended D ecem ber 31, 1917.
N o. o f series, none.
N o. o f m em bers and investors, 1,022.
N o . o f shares, 7,055.
Assets.
Liabilities.
Loans, on mortgages, $18,600;
on definite contract, $653,282.37; on shares, $2,002.50; on contract sales,
$25,384.28 ________________$090,260 15
Cash, in office, $1,044.16; in
bank, $7,591.45__________
8,635 61
22,920 35
Real estate owned__________
Furniture and fixtures_______
1,414 74
Advances, ledger accounts__
8,254 78
Guarantee stock, capital____$100,000 00
Guarantee stock, surplus and
26,000 00
dividends unpaid________
Installment shares, dues____
48,538 50
Installment shares, profits__ 11,603 21
Paid-up and prepaid shares,
capital __________________ 164,546 00
Paid-up and prepaid shares,
dividends--------------------5,627 07
Investment certificates, prin
cipal _____________________ 295,661 84
Investment certificates, divi
7,871 00
dends ___________________
Overdrafts and bills payable
50,000 00
Reserve and undivided profits
20,918 70
Loans due and incomplete___
9,718 74
Sundry ledger accounts----9 57
Total assets------------- $740,494 63
Receipts for Fiscal Year.
Balance from last report--- $26,896
Installment shares, dues____
22,439
Paid-up and prepaid shares,
d u e s _________ • __________
_
7,300
Investment certificates_____ 281,733
In te re s t------------------------63,604
Fines -------------------- T____
1,935
3,323
F e e s _______________________
Loans repaid ______________ 187,601
Overdrafts and bills payable. 102,000
Advances repaid, personal ac
10,658
counts ----------------------All other receipts, real estate,
e t c . ______________________
8,952
Total liabilities________ $740,494 63
Disbursements for Fiscal Year.
78 Overdrafts and bills payable
50 Loans on mortgages and
shares___________________
00 Interest p a id _______________
01 Dividends on guarantee stock
78 Dues
repaid,
installment
12
shares___________________
00 Profits repaid, installment
81
shares------------------------00 Paid-up and prepaid shares,
capital -----------------------31 Paid-up and prepaid shares,
dividends________________
26 Investment certificates, prin
cipal _____________________
Investment certificates, divi
dends ------------------------Advances, personalaccountsS alaries------------------------T a x e s ______________________
Other expenses ____________
All other disbursements, real
estate, etc. -----------------Balance, cash in office and
ban k_____________________
Total receipts -----------$716,444 57
319,333 90
1,458 55
6,000 00
12,243 50
2,510 87
6,150 00
11,246 18
240,686 70
15,943
10,704
3,806
670
9,842
74
81
00
97
80
15,210 94
8,635 61
Total disbursements — $716,444 57
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, fl.0 0 p er share p er month.
Dividend, last fiscal year, 8 per cent,
B o ok value, dues plus dividend.
W ith d ra w a l value, full book/Value.
$52,000 00
59
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 39.
R ED W O O D C IT Y .
SAN MATEO COUNTY BUILDING AND LOAN ASSOCIATION.
(In corp orated
W. II.
Schabehg,
Secretary.
M ay
8. 1890.)
P. P.
C h a m b e r l a in ,
President.
F ise al y e a r ended M a y 31, 1918.
N o. of series, 43.
N o. of m em bers and investors, 493.
Assets.
N o. o f shares, 3,417
Liabilities.
Installment shares, dues____ $224,802
lx»ans, on mortgages, $18,750;
Installment shares, profits_ 69,465
on definite contract, $236,678.52; on shares, $14,005;
Investment certificates, prin
cipal -------------------------50,900
on contract sales, $3,341.80 $272,775 41
371
Advance paym ents________
Arrearages—
Reserve and undivided profits 14,311
On shares — ___ $414 60
Loans due and incomplete__
1,782
On interest_____ 3,725 52
------------------------ 4,14012
Cash, in office, $476.73; in
bank, $21,446.56 ________
21,923 29
Real estate owned_________
52,601 36
Furniture and fixtures-------735 00
Advances, ledger accounts—
1,518 16
Other assets, Liberty Bonds8,000 00
Total assets__________ $361,603 34
Receipts for Fiscal Year.
Balance from last report____ $54,651
Installment shares, d u es___ 40,308
Investment certificates-----700
In te re s t------------------------24,453
F in e s ---------------------------48
F e e s ----------------------------83
Loans rep aid -----------------79,945
Advances repaid, personal ac
counts ____________________
1,594
All other receipts, real estate,
e t c . ______________________
3,909
00
48
57
33
Total liabilities_______ $361,693 34
Disbursements for Fiscal Year.
34 L oa n s on m ortgages and
shares____________________ $79,375 55
90
00 Dues
repaid,
installment
47
shares___________________
48,888 50
45 Profits repaid, installment
55
shares___________________
23,769 36
13 Investment certificates, prin
cipal -------------------------1,700 00
96 Investment certificates, divi
dends —
2,573 38
1,441 30
05 Advances, personalaccountsS alaries___________________
3,133 00
T a x e s ______________________
1,085 87
1,050 35
Other expenses---------------All other disbursements, real
estate, bonds, etc.---------20,795 25
Balance, cash in office and
bank_____________________
21,923 29
Total receipts ________ $205,694 85
Total disbursements — $205,694 85
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
Total du
es
B value
ook
Age In
per sh
are
mn s
o th
per sh
are
N
o.
120
$173 34
$120 00
68----------__________ _______________
149 32
io8
108 00
67 —
-. __________________ : ______
127 12
96
96 00
71_______ ____________________________
84 00
84
106 63
75----------____________________________
70
72 00
87 61
79- _ 60
09 96
60 00
83___________________________________
48
48 00
53 83
87___________________________________
91_____________________ : ____________
36
36 00
38 94
95_______.............................. ......... .
24
24 00
25 09
12
12 00
12 18
99.......... .........................................
40
56
W
ithdrawal
value
$165 10
143 07
122 50
103 40
84 37
68 15
52 49
38 28
24 88
12 15
60
REPORT ON BUILDING AND IX)AN ASSOCIATIONS.
No. 40.
R IV E R S ID E .
RIVERSIDE COUNTY MUTUAL BUILDING AND LOAN
ASSOCIATION.
(In c orp orate d
E . L , C o v e y , Secretary.
A p ril
5,
1901.)
W . B . C l a n c y , President.
F iscal y ear ended A p ril 30, 1918.
N o. o f series, none.
N o. o f m em bers and investors, 157.
N o. o f shares, 2,303.
Liabilities,
Assets.
Loans, on mortgages ------ $103,450 00 Installment shares, dues____ $27,708 80
7,806 70
('ash in bank — — _ —
24,908 00 Installment shares, profits__
8,892 21 Paid-up and prepaid shares,
Beal estate owned------------93,400 00
capital ____ — _ ------Paid-up and prepaid shares,
2,802 00
dividends___ _
—
5,381 49
Ileserve and undivided profits
Loans due and incomplete—
151 10
Total assets _ _
------ $137,250 21
Total liabilities--------- $137,250 21
Receipts for Fiscal Year.
Disbursements for Fiscal
Balance from last report____ $18,972 00 Loans on mortgages and
Installment shares, dues____
17,345 32
shares ________________ __
Paid-up and prepaid shares,
Dues
repaid,
installment
dues ------------- --------- 700 00
shares--- --------------------Interest —
— ------ —
9,888 44 Profits repaid, installment
Loans repaid ------------------ 20,000 00
shares------------------Paid-up and prepaid shares,
_ —
c a p ita l--------—
Paid-up and prepaid shares,
dividends — --------------S a la r ie s -- -- -------— ------T a x e s ------------- -------------Other expenses______ __ —
All other disbursements, real
estate, efe.
Balance, cash in office and
ban k--------------------------
Total receipts--------—
$07,005 82
Total disbursements —
Installment Shares, W ith Age, Value, and Withdrawal Value.
Dayton plan.
D ues 60 cents per share p er month.
Dividend, last fiscal year, 6£ p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
Year.
$7,008 90
18,004 93
3,792 60
1,900 00
0,601
1312
155
91
00
54
57
60
2,980 62
24,908 00
67,505 82
61
REPORT ON BUILDING AND IX)AN ASSOCIATIONS.
No. 41.
SA CRA M EN TO .
SACRAMENTO BUILDING AND LOAN ASSOCIATION.
(In corp orated A u gu st 26, 1874.)
F rank
H i c k m a n , Secretary.
J os. H . A
rnold,
President.
F isc al y e a r ended F e b ru a ry 28, 1918.
N o. o f series, none.
N o. o f m em bers and investors, 396.
Liabilities.
Assets.
Loans, on mortgages, $435,825.36; on shares, $1,025. $436,850
Arrearages, on interest____
1,606
Cash in bank------------------6,348
Furniture and fixtures____
315
323
Advances, ledger accounts___
N o. o f shares, 5,709.
36
35
03
50
82
Total assets__________ $445,444 06
Receipts for Fiscal Year.
Installment shares, dues____$148,020
Installment shares, profits__ 38,360
Paid-up and prepaid shares,
c a p ita l________________
213,020
Paid-up and prepaid shares,
dividends________________
6,824
Advance payments-----------233
Reserve and undivided profits 38,066
Total liabilities ______
82
05
48
Disbursements for Fiscal Year.
36
48
00
28
00
31
98
50
75
80
70
03
Total disbursements___ $195,004 25
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, fl.0 0 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
00
$445,444 06
Balance from last report____ $18,521 30 Loans on mortgages and
shares ------------------— _ $1.08,715
Installment shares, dues____
46,583 00
10
Paid-up and prepaid shares,
Interest paid _____________
dues
__________________
repaid,
installment
42,000 00 Hues
37,534
Interest
— _ ____________ 27,002 01
shares _ --------------------Loans rep a id ______________
50,731 00 Profits repaid, installment
5,600
shares------------ -----------Advances repaid, personal accounts
----- -- -----------01 88 Paid-up and prepaid shares,
All other receipts, real estate,
c a p ita l------ -- — — — 21,650
etc. __ ______
1,075 06 Paid-up and prepaid shares,
dividends--------------------11,465
64
Advances, personal accountsSalaries
---------------------2382
T a x e s ------------------- ----- 16
1,191
Other expenses______ — —
24
All other disbursements --Balance, cash in office and
hank — _________ ______
6,348
Total receipts_________ $105,004 25
00
81
62
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 42.
SAN B E R N A R D IN O .
SANTA PE BUILDING AND LOAN ASSOCIATION.
(In c orp orate d J an u ary 8, 1890.)
Jo h n F
la gg ,
Secretary.
J . F . P a b k e b , President.
F isc al y ear ended D ecem ber 31, 1917.
N o. o f series, 11.
N o, o f m em bers and investors, 1,133.
Assets.
Liabilities.
Loans, on mortgages, $761,525.95; on definite eontract, $190,417.18; on
shares, $26,441.60; on con
tract sales, $22,677.07___$1,001,061 80
Arrearages—
On shares--------$3,205 00
On interest____ 3,829 75
On fin e s -------90 10
7,124 85
— ---------( ’ash, in office, $4,084; in
bank, $9,049.29 ________
13,133 29
Heal estate owned----------24,427 84
300 00
Furniture and fixtures_____
Other assets, Liberty Bonds.
5,000 00
Total assets------------- $1,061,047 78
Installment shares, dues—
Installment shares, profits—
Investment certificates, prin
cipal __________________
Investment certificates, divi
dends __________________
Reserve and undivided profits
Loans due and incomplete__
$674,591 90
222,116 43
129,035 00
60 00
23,542 40
1,702 05
Total lia b ilit'es------- $1,051*,047 78
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report___
In stallm en t shares, dues ____
Investment certificates_____
Interest __________________
Fines and fees--------------Loans re p a id _____________
All other receipts, real es
tate, e t c . _______________
N o. o f shares, 11,970.
01 Loans on mortgages and
shares__________________ $242,418 41
70
00 Dues repaid, installment
shares------------------------ 135,681 SO
02
72 Profits repaid, installment
shares__________________
48,551 38
92
Investment certificates, prin
cipal ____________________ 114,210 00
3,948 90
Investment certificates, divi
dends __________________
11,241 62
S alaries__________________
3,780 00
T a x e s _____________________
1,007 60
Other expenses--------------1,379 53
All other disbursements, real
estate, bonds, etc.----------18,720 64
Balance, cash in office and
bank __________________
13,133 29
$9,281
154,058
25,350
87,242
454
300,768
Total receipts----------- $590,104 27
Total disbursements__$590,104 27
Installment Shares, W ith Age, Value, and Withdrawal Value.
No.
28____________________ ______________
29 __________________ ______________
30____________________ ______________
3 1 ___________________ ______________
3 2 ___________________ _____________
33___ _______________ ______________
34 __________________ ______________
35____________________ ______________
36 __________________ ______________
37____________________ ______________
Age in
mn s
o th
120
108
96
84
72
60
48
36
24
32
Total du
es
per sh
are
$120 00
108 00
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00
B value
ook
per sh
are
$190 59
163 17
138 06
115 07
94 01
74 73
57 07
40 90
26 09
12 52
W
ithdrawal
value
$190 59
160 41
135 95
111 96
89 61
70 31
53 44
38 45
25 04
12 26
63
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 43.
SA N D IEG O .
SAN DIEGO BUILDING AND LOAN ASSOCIATION.
(In corp orated July 14. 1885.)
J. R . B
eabdsley,
Secretary.
W ; R . R o o e b s , President.
F iscal y e a r ended June 80. 1918.
N o. of series. 22.
N o. o f mem bers and Investors, 432.
Liabilities.
Assets.
Loans, on mortgages, $290,950; on shares, $0,305____ $297,255
Arrearages—
On shares _____ $1,034 00
On in te re s t----805 55
1,929
Cash, in office, $2,080.18; in
bank, $6,042.57 _________
8,122
Real estate owned_________
1,493
Furniture and fixtures_____ _
300
Total assets
_______
00
55
75
16
00
$309,100 46
Installment shares, dues----- $153,690
36,679
Installment shares, profits___
Investment certificates, prin
96,600
cipal ______ ____ ________
Investment certificates, divi
2,856
dends —
611
Advance payments — ____
Overdrafts and bills payable
7,000
Reserve and undivided profits 10,656
Loans due and incomplete___
306
All other liabilities, tax re
serve _________ - __________
700
$8,457
36,859
6,800
20,987
119
52
41,675
7,000
180
00
56
00
85
15
00
90
00
00
Total liab ilit'es _______ $300,100 46
Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues____
Investment certificates_____
In terest___________________
Fines ______________ ________
F e e s ________ _______________
Loans rep a id ______________
Overdrafts and bills payable
All other receipts, rents____
N o . o f sh ares, 3,010.
Disbursements for Fiscal Year.
68 Overdrafts and bills payable
00 Loans on mortgages and
00
shares ------------------------35 Interest p a id ______________
85 Dues
repaid,
installment
shares ------ ----------------10
00 Profits repaid, installment
00
shares ------------------------00 Investment certificates, princ ip a l_____________________
Investment certificates, dividends ------------------------Salaries------------------------T a x e s ---------------------------Other expenses ____________
Balance, cash in office and
bank ___________________
Total receipts________ $122,130 98
$6,(M ) 00
M
52,114 00
298 20
31,703 00
11,385 39
4,000 00
5,556
1,800
695
454
95
00
76
93
8,122 75
Total disbursements___ $122,130 98
Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.
29____________________ ______________
31____________________ ______________
33 __________________ ______________
35_____________________ ______________
37____________________ ______________
39_____________________ ______________
4 1 _______ _________ ______________
4 3 ___________________ ______________
4 5 ------- ---- ------------ --- ______________
47____________________ ______________
Age in
mn s
o th
120
108
96
84
72
60
48
36
24
12
Total du
es
per sh
are
$120 00
108 00
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00
B value
ook
per share
$169 54
147 09
126 04
106 36
89 97
70 78
54 73
39 68
25 58
12 37
W
ithdrawal
value
$149 75
132 37
115 00
98 52
82 65
67 37
52 70
38 62
25 15
12 27
64
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 44.
SA N D IEG O .
SILVER GATE BUILDING AND LOAN ASSOCIATION.
(In c o rp o rate d M a y
22, 1890.)
H e r b e r t A . C r o g u a n , Secretary.
M.
A.
G r a h a m , Presiden t.
F isc al y e a r ended M a y 31, 1918.
N o. o f series, 22.
N o. o f m em bers and investors, 243,
Assets.
Liabilities.
Loans, on mortgages, $164,'*->0.98; on shares, $10,965 $184,524 93
('ash, in office, $6,919.21; in
bank, $18,264.75________
24,283 96
Real estate owned--------------3,59459
Other assets, Liberty Bonds
1,300 00
Total assets------------- $213,703 48
Installment shares, dues-.*__ $153,654 00
Installment shares, profits__
40,091 18
Investment certificates, prin
cipal _____________________ 18,350 00
Reserve and undivided profits
1,608 30
Total liabilities_______ $213,703 48
Receipts for Fiscal Year.
Balance from last report__$26,604
Installment shares, dues___ 35,242
Interest ____________________ 15,062
P e e s _______________________
32
44,965
Loans repaid ______________
All other receipts__________
18
N o. o f shares, 2,774.
Disbursements for Fiscal Year.
19 Loans on mortgages and
00
shares------------------------- $19,454 93
30 Hues
repaid,
installment
90
shares___________________
51,712 00
80 Profits repaid, installment
00
shares------------------------17,05 11
Investment certificates, prin
cipal -------------------------3,200 00
Investment certificates, divi
dends ____________________
1,313 60
Salaries____________________
850 00
T a x e s ______________________
983 90
66 00
Other expenses_____________
All
other
disbursements,
bonds, real estate, etc____
2,435 69
Balance, cash in office and
bank ____________________ 24,283 96
Total receipts ________ $121,925 19
Total disbursements___$121,925 19
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
27______________________ _____________
29______________________ - _________
31______________________ ________ ____
33______________________ ____ ______
35______ _____________ __________
37______________________ _____________
39______________________ _____________
41_____________ ______ - _____ „
4 3 ______________ „
. ____ _
_
45__________________
------_
Age la
months
120
1.08
96
84
72
60
48
36
24
12
Total dues
per sh
are
$120
108
96
84
72
m
48
36
24
12
00
00
00
00
00
00
00
00
00
00
Book value
per share
$166
* 144
124
105
87
70
54
39
25
12
83
72
51
27
22
30
52
62
62
42
Withdrawal
value
$150
132
115
98
82
67
52
38
24
12
00
30
20
70
80
50
80
70
70
30
65
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 45.
SAN F R A N C IS C O .
ARGONAUT MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated J an uary 31, 1891.)
B en j . M. Sticii , Secretary.
B. M. GtmzBUBGER, President.
Fiscal year ended February 11, 1918.
No.
of series.
9.
N o. of m em bers and
Assets.
Loans, on mortgages, $19,100;
on shares, $0,000; on con
tract sales, $7,055.53------ $32,755 53
Arrearages—
On shares _____ $664 00
On interest_____ 1,212 19
489 40
On prem ium ___
investors, 52.
N o. o f shares,
215.
Liabilities.
Installment shares, dues.i.__$14,172 00
Installment shares, profits_
3,969 78
Overdrafts and bills payable10,200 00
Reserve and undivided profits
13320 87
Sundry ledger accounts-----2,221 75
All other liabilities, suspense
3,294 S2
2,365 59
Cash, in office, $417.26; in
bank, $5,472.01 __________
Real estate ow ned_____ —
Advances, ledger accounts_
Total assets_____ _____
5,889 27
5,160 05
1,00S 78
$47,179 22
Receipts for Fiscal Year.
Balance from last report___ $2,644
3,545
Installment shares, dues____
2,982
Interest
--- -----------------Premiums
869
1
Fees
_____
_______Loans repaid _
______
7,398
Advances repaid, personal aecounts
_____ _ _____
3,537
A ll other receipts, real estate,
e f e . _ ______ ____ _ „ „
_
Total receip ts----------
47
00
46
40
10
87
99
5,679 14
$26,608 43
Total liabilities_______
$47,179 22
Disbursements for Fiscal Year.
Overdrafts and bills payable- $1,500
Loans on mortgages and
shares
____ ____ ___ _____
6354
Interest paid
_ —
672
Dues
repaid,
installment
shares
___ _
3,202
Profits repaid, installment
shares_
_______
871
Advances, personal accounts1,093
Salaries
_
____
1,230
Taxes ______________________
192
Other expenses ___
315
All other disbursements, real
estate___ _____ _
5,287
Balance, cash in office and
bank
______ _________
5,889
Total disbursements___
00
25
00
00
31
88
00
48
49
75
27
$26,008 43
Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months
Serial
No.
.___________________________________
________
________
_____
..
_______
_ __________
. .
—
___________________
23 —
.__________________________________
24________ ___________________________________
___________________________________
25
2 0 _______ ___________________________________
27________ ____________- ______________________
19
20
21
oo
—
_
5— 40296
108
96
84
72
60
48
36
24
12
Total dues
per share
$108
96
84
72
60
48
36
24
12
00
00
00
00
00
00
00
00
00
Book value
per share
$154
131
110
90
72
55
40
25
12
63
48
09
46
29
58
09
77
45
Withdrawal
value
$140
119
99
82
66
51
38
24
12
64
00
65
15
14
79
04
88
22
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
66
No. 46.
SA N F R A N C IS C O .
BAY CITY BUILDING AND LOAN ASSOCIATION.
(In c orp orate d M a y
B. M.
G unzbubger,
9, 1889.)
Secretary.
H . L.
G unzbubger,
P residen t.
F iscal y e a r ended M a y 28, 1918.
N o. ot series, 10.
N o. o f m em bers and Investors, 76.
Assets.
Loans, on mortgages, $38,000;
on shares, $1,500; on con
tract sales, $9,587.34------ $49,087
Arrearages—■
On shares _____ $513 00
On in te re s t----916 47
On prem ium ___
345 15
1,774
Cash, in office, $483.19; in
2,383
bank, $1,900.01 _________
2,040
Real estate owned— -----Advances, ledger accounts—
3,450
Liabilities.
Installment shares, dues____ $19,236 00
Installment shares, profits___
5,014 73
34 Overdrafts and bills payable 10,070 05
Reserve and undivided profits 24,233 25
Sundry ledger accounts----181 28
62
20
12
08
Total assets-------------- $58,735 31
Receipts for Fiscal Year.
Balance from last report____
$4,270
Installment shares, dues____
4,261
In te re s t___________________
3,298
1,265
Premiums _________________
F e e s ---------------- -----------2
Loans rep a id -----------------5,387
Advances repaid, personal aecounts __________________
921
All other receipts______ ____
309
Total receipts „ _______
N o. o f sh ares, 325.
Total liabilities---------
$58,735 31
Disbursements for Fiscal Year.
Overdrafts and bills payable $9,017 15
Loans on mortgages and
shares __________________
550 88
Interest paid _ — ----------675 00
Dues
repaid,
installment
shares__________ _________
2,143 00
Profits repaid, installment
764 80
08
shares-----------------------1,339 98
70 Advances, personal accounts
Salaries____________________
1,230 00
T a x e s ---------------------------420 16
Other expenses---------------215 85
All other disbursements, real
estate, e tc ._______________
976 02
Balance, cash in office and
ban k-------------------------2,383 20
32
00
69
25
70
39
$19,716 13
Total disbursements___ $19,716 13
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
Ho.
20_________ __________________________
—
_ _
21_________ ______________
22_________ __________________________
____________ _____________
2 3 ________
2 4 ________ __________________________
25_________ __________________________
26_________ _______„ __________________
27_________ _______I __________________
28_________ __________________________
29_________ ____________________
Age In
months
120
108
9(5
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$120
108
96
84
72
60
48
36
24
12
$181
155
132
110
90
71
55
39
25
12
00
00
00
00
50
00
00
00
00
00
47
74
02
25
28
98
18
79
58
39
W
ithdrawal
value
$166
141
119
99
82
65
51
37
24
12
10
41
41
7"
05
99
59
89
79
19
67
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 47.
SA N F R A N C IS C O .
BAY VIEW BUILDING AND LOAN ASSOCIATION.
(In corp orated N o ve m ber 18, 1911.)
D. A.
Steinbaugh ,
Secretary.
Jas.
Allan,
President.
F iscal y e a r ended Decem ber 31. 1917.
No. of series, none.
No. of members and investors. 88.
No. of shares, 986.
Liabilities.
Assets.
Loans, on definite contract $60,317 87 Installment shares, dues____ $50,312 84
7,370 90
Arrearages, on interest_____
205 84 Installment shares, profits___
Overdrafts and bills payable 11,550 23
Cash, in office, $07.20; in
505 72
102 47 Reserve and undivided profits
hank, $05.21
_____
246 72
Real estate owned-----------305 45 Sundry ledger accounts____
Advances, ledger accounts__
84 78
Total assets-------------- $70,076 41
Receipts for Fiscal Year.
$1,580
Balance from last report—
Installment shares, dues____
24,940
In te re s t______ _____________
5,225
6
Fines ______________________
114
F e e s _______________________
18,674
Loans repaid ______________
Overdrafts and bills payable- 30,795
Advances repaid, personal accounts
____ __________
738
Total receipts —
------
Total liabilities________
Disbursements for Fiscal Year.
Overdrafts and bills payable $25,945 13
Loans on mortgages and
shares
__________ _____
41,332 80
Interest p a id ______________
229 39
Dues
repaid,
installment
shares
____ ___ ___ ___
11,674 50
Profits repaid, installment
shares______________ _____
356 86
66 Advances, personal accounts800 37
Salaries____________________
958 58
T a x e s _____ ______________
94 52
205 62
Other expenses________ ____
All other disbursements_____
325 98
Balance, cash in office and
ban k_______ _____________
162 47
54
50
99
32
00
85
36
$82,086 22
Total disbursements---- $82,086 22
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
$70,076 41
REPORT ON BT7ILDING AND LOAN ASSOCIATIONS.
68
No. 48.
SAN F R A N C IS C O .
CALIFORNIA HOME BUILDING-LOAN COMPANY.
(In c orp orate d July
It.
L. H
andy,
8, 1889.)
P.
Secretary.
B . R o berts,
President.
F iscal y e a r ended June 30, 1918.
N o. o f series, none.
N o. of m em bers and investors, 609.
Assets.
Loans, on definite contract,
$514,136.62;
on
shares,
$15,130; on contract sales,
$40,769.24________________$579,035
Arrearages, on interest-----1,081
Cash, in office, $1,827.77; in
bank, $6,439.42 _________
8,267
Real estate owned------------48,357
1,862
Furniture and fixtures-----Advances, ledger accounts—
11,335
Other assets, bonds, etc.----2,738
Total assets
19
24
05
76
93
$652,678 50
Receipts for Fiscal Year.
Balance from last report____$16,883
Installment shares, dues----4,825
Investment certificates_____ 285,769
In terest------------------------52,704
Premiums _________________
998
F in e s ______________________
338
Jjoans repaid ------------------ 203,430
Overdrafts and bills payable 63,601
Advances repaid, personal ac
counts __________________
18,884
All other receipts, real estate,
e t c . ______________________
18,995
Total receipts
86
47
N o. of shares, 1,469.
Liabilities.
Guarantee stock, capital____ $37,500
Guarantee stock, surplus____
7,858
Installment shares, dues____ 33,711
Installment shares, profits___
11,629
Paid-up and prepaid shares,
capital __________________
32,550
Paid-up and prepaid shares,
dividends________________
5,771
Investment certificates, prin
cipal _____________________ 398,254
Investment certificates, divi
dends ________ «.__________ 17,134
Overdrafts and bills payable 97,754
Reserve and undivided profits
1,911
Loans due and incomplete___
6,801
All other liabilities, dividends
unpaid, etc. ---------------1,801
Total liabilities
00
32
09
17
68
06
18
98
$652,678 50
Disbursements for Fiscal Year.
Overdrafts and billspayable
$59,306 00
Loans on mortgages and
85
shares---------------- 173,911
Interest p a id _______
7,059
35
Dividends on guarantee stock
3,000 00
Paid-up and prepaid shares,
dividends-----------1,953
00
Investment certificates, prin
cipal _____________________ 323,393 85
42 Investment certificates, divi
dends ___________________
20,227 25
17,770 04
17 Advances, personalaccountsSalaries---------------9,780
00
T a x e s _______________
3,475
07
Other expenses --------------4,141 21
All other disbursements, real
estate, e tc .________
34,146
57
Balance, cash in office and
ban k_____________
8,267
19
04
80
90
59
45
48
11
42
$666,431 38
Total disbursements — .$666,431 38
Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 60 cents per sh are p er month.
D ividend, last fiscal year. 7 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, dues plus profits as per by-law s.
00
80
60
62
69
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 49.
SAN F R A N C IS C O .
CALIFORNIA MUTUAL SAVINGS FUND LOAN AND BUILDING
ASSOCIATION.
( Incorporated M arch 26, 1887.)
W
m.
K.
B
outon,
Secretary.
R
ig i i a k d
I.
W
helan
, President.
F iscal y e a r ended M arch 31, 1918.
N o. of series, 26.
N o. o f mem bers and investors, 89.
Assets.
Loans, on mortgages, $21,850; on definite contract,
$31,165.41; on shares, $5,157.50; on contract sales,
$4,343.32 ________________ $62,516
Arrearages—
On shares -----$40 00
On in te re s t____
108 92
148
Cash, in office, $40.20; in
bank. $4,934.55 _________
4,974
Real estate owned ----------3,158
Advances, ledger accounts___
71
Other assets, TJ. S. bonds___
1,000
Liabilities.
Installment shares, dues____ $45,680 00
Installment shares, profits___
9,212 86
Advance paym ents________
140 00
Overdrafts and bills payable9,100 00
7,049 78
23 Reserve and undivided profits
All other liabilities, interest
86 50
on bills payable_________
92
75
18
06
00
Total liabilities_____
Total assets-------------- $71,869 14
Receipts for Fiscal Year.
Balance from last report___ $4,594
Installment shares, dues____
11,366
Interest _____ ___ ____ __
4,983
F in e s ______________________
10
Fees
________ _______
25
Loans rep a id ______________
39,890
Overdrafts and bills payable
6,400
Advances repaid, personal accounts ______ ______ _____
550
All other receipts, rents, etc.
291
Total receipts_________
N o. o f shares, 1,198.
_ $73,869 14
Disbursements for Fiscal Year.
Overdrafts and bills payable. $8,400 00
Loans on mortgages and
shares ------ -------- ------23,947 50
Interest p a id ------ -------587 47
Dues
repaid,
installment
shares___
_____ ______
5,535 00
Profits repaid, installment
shares
_ — ____________
953 92
146 70
25 Advances, personal accounts.
_________________
51 Salaries
1,117 50
86 81
Taxes _____________ ______
Other expenses — ----------ISO 90
All other disbursements, real
estate, bonds, etc------- —
4,180 64
Balance, cash in offiee and
4,974 75
b an k --------------------------
19
00
53
23
10
38
00
$48,111 19
Total disbursements____ $48,111 19
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
______ __________________________
44________ _________________________________
42
_____________________________
4 6 __________
____________________________
.
4 9 ______
______________________________
51_________
_
_
____________
____
55
_____
____________
59 _______
____________ . _
63 ________ ____
______
67 ____
__ ____________________
________________
7 1 _______ __________
Age In
months
120
102
96
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$120
102
96
84
72
60
48
36
24
12
$172
138
127
107
88
71
55
40
25
12
00
00
00
00
00
00
00
00
00
00
25
42
82
66
82
42
34
16
85
45
Withdrawal
value
Dues plus
profits as
p e r bylaws.
70
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 50.
SA N F R A N C IS C O .
CITIZENS BUILDING AND LOAN ASSOCIATION.
(In corp orated J an u ary 14, 1885.)
F
rem ont
W
ood,
Secretary.
T
h os.
M.
G a r d in e r ,
President.
F iscal y e a r ended F e b ru a ry 14, 1918.
N o. of series, 45.
N o. o f m em bers and investors, 709.
Assets.
Loans, on mortgages, $136,450; on definite contract,
$318,384.90; on shares,
$8,700; on contract sales,
$13,835.81 _______________ $477,370 71
Arrearages—
On shares-------- $547 30
On interest____ 4,363 43
On fines and fees 2,416 85
------------7,327 58
Cash, in office, $1,000; in
lank, $3,149.45 _________
4,149 45
Real estate owned_________
24,462 77
Furniture and fixtures______
666 00
Advances, ledger accounts—
1,765 96
Other assets, U. S. bonds—
15,000 00
Total assets__________ $530,742 47
N o . o f shares, 6,999.
Liabilities.
Installment shares, dues____ $286,740 10
Installment shares, profits___ 78,806 26
Advance paym ents----------494 90
Overdrafts and bills payable 134,105 57
Reserve and undivided profits 18,999 70
Loans due and incomplete___ 10,353 00
Sundry ledger accounts-----1,014 04
AH other liabilities, tax re
228 90
serve --------------------------
$530,742 47
Total liabilities
Receipts for Fiscal Y ear.
Disbursements for Fiscal Year.
Balance from last report____
$1,000 00 Overdrafts and bills payable $156,276
Installment shares, dues----61,970 80 Loans on mortgages and
In te re s t------------------------37,877 46
shares ----------------------- 172,981
Fines ______________________
1,015 51 Interest p a id -----------------7,323
F e e s _______________________
284 85 Dues
repaid,
installment
Loans re p a id ------------------ 201,557 14
shares------------------------61,800
Overdrafts and bills payable 149,018 81 Profits repaid, installment
Advances repaid, personal ac
shares____________________ 23,848
counts ----------------------2,125 76 Advances, personal accounts
2,222
All other receipts, real estate,
Salaries------------------------3,974
e t c . ______________________
8,151 47 T a x e s ---------------------------306
Other expenses---------------1,824
All other disbursements, real
estate, bonds, etc----------28,293
Balance, cash In office and
b a n k _____________________
4,149
Total receipts ---------- $463,001 80
49
51
67
30
82
65
75
94
05
17
45
Total disbursements — $463,001 80
Installment Shares, With Age, Value, and Withdrawal Value.
No.
92__________
_________ ___________________
9 6 _______________________ __________________
100________________________ _________________
104________________________ __________________
108________________________ __________________
112_________
______________________________
116 _____________________ __________________
120________________________ __________________
1 2 4 _______________________ __________________
__________________
128__________ ________
Age in
months
120
108
96
84
72
60
48
36
24
12
Total dues
per share
$120 00
108 0 0
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00
Book value
per share
$169 49
147 24
127 21
107 81
89 42
71 92
55 51
40 17
25 86
12 49
Withdrawal
value
$164 54
143 32
122 53
104 24
85 93
69 52
m
li
39 13
25 39
12 37
71
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 51.
SA N F R A N C IS C O .
EMPIRE BUILDING AND LOAN ASSOCIATION.
(In corp orated A u g u s t 24, 1889.)
W.
B. B o u t o n ,
Secretary.
Louis
M uller,
Vice President.
F iscal y e a r ended A u gu st 31, 1917.
N o. o f series, 22.
N o. of m em bers and investors, 59.
N o. of shares, 714.
Assets.
Liabilities.
Loans, on mortgages, $46,Installment shares, dues----- $28,955 00
5,414 26
700; on definite contract,
Installment shares, profits—
$7,905.65; on shares, $485 $55,090 65 Advance paym ents________
25 00
Arrearages, on interest_____
328 95 Overdrafts and bills payable- 16,000 00
Cash in bank------- ----------753 25 Reserve and undivided profits
6,006 04
Advances, ledger accounts—
267 45 All other liabilities, interest
40 00
on bills payable------------Total assets-------------
$50,440 30
Receipts for Fiscal Year.
Balance from last report—.—
$282
Installment shares, dues____
7,828
Interest ___________________
4,509
F in e s _____ ________________
166
15
Fees
—
—. ------------Loans re p a id ---------------11,797
Overdrafts and bills payable 11,000
Advances repaid, personal ac206
counts — -----------------All other receipts, real estate,
1,342
e t c . ------------- — ---------
Total receipts
Total liabilities---------
$56,440 30
Disbursements for Fiscal Year,
Overdrafts and bills payable$7,550 00
Loans on mortgages and
s h a r e s ----------------------7,160 00
Interest paid ________ _____
632 85
Dues
repaid,
installment
shares_____________ __ _ 14,880 00
Profits repaid, installment
4.220 62
shares_____ • --------------17 Advances, personal accounts390 86
1,037 50
S alaries_____________t - ----85 T a x e s ______________________
261 88
252 67
Other expenses---------------Balance, cash in office and
753 25
bank--------------------------
00
60
91
96
00
14
00
Total disbursements —
— — _ $37,148 63
$37,148 63
Installment Shares, With Age, Value, and Withdrawal Val^e.
Serial
No.
10___________________________________
20 _________________________________
21 ____________________________________
25___________________________________
33_______________________________________
37_______________________________________
40_______________________________________
44_______________________________________
48_______________________________________
Age In
months
120
108
Total dues
per share
96
81
57
45
36
24
12
$120 00
308 00
96 00
81 00
57 00
45 00
36 00
24 00
12 00
Book value
per share
Withdrawal
value
$163 56
143 31 Dues plus
123 98 profits as
100 92 p e r by66 92 laws.
51 21
39 99
25 80
12 43
72
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 52.
SA N F R A N C IS C O .
EUREKA BUILDING AND LOAN ASSOCIATION.
(In c orp orate d N ovem ber S, 1890.)
W.
E.
B
outon,
Secretary.
W uxia m
D
onald,
P re sid e n t
F isc al y e a r ended October 31, 1917.
N o-
o f series, 13.
N o.
o f m em bers and investors, 59.
N o. of shares, 719.
Assets.
Liabilities.
Installment shares, dues____ $22,767 60
Loans, on definite contract,
3,629 05
Installment shares, profits_
$37,243.89; on shares, $1,300
_ _ _ _ ________ $38,543 89 Paid-up and prepaid shares,
c a p ita l__________
____
8,500 00
Arrearages—
Paid-up and prepaid shares,
On shares
_ $268 60
dividends _ ___
______
255 00
On interest ____
705 16
10 05
973 70 Advance payments_____ ____
6.000 00
('ash in hank _ _ _ ____ ___
452 35 Overdrafts and bills payable
2,443 38
Beal estate owned. _____ __
5.65S 92 Reserve and undivided profits
1,600 00
Advances, ledger accounts.
400 33 Loans due and incomplete___
All other liabilities, real estate, sus{»euse, e t c .______
823 27
Total assets
_____
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
dues
_ _ ___ ____
Interest
_ _ _
_ ____
Fines
_ _
Fees
__ _
____ __
Ixians repahl
_ _ _
_
Overdrafts ami bills payable
Advances repaid, personal aecounts
___ _ _ _ _ _
All other receipts, rents, etc—
Total receipts —
Total liabilities
$46,029 25
—
-------- $40,029 25
Disbursements for Fiscal Year.
$909 73 Overdrafts and bills payable $4,650 00
6,142 80 Loans on mortgages and
shares
---- ------------6,900 00
5,500 00 Interest paid — — _ —
425 40
3,011 75 Dues
repaid,
installment
34 89
9,555 39
shares
---------- -- _
6 60 Profits repaid, installment
7.804 18
shares
_ •
2.400 60
4,350 00 Paid-up and prepaid shares,
290 33
dividends _ _
_
70 8!) Advances, personal accounts.
323 14
. 744 00
148 iK) Bala ries — _ ----- — —
Taxes
_
— --- ---------126 98
196 32
Other expenses _______ ____
All other disbursements, real
estate, etc. _ _ — -------1,905 97
Balance, cash in office and
452 35
bank _ — ----- — -------Total disbursements-----
$27,979 39
$27,979 39
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
34___________________________________
ofi___________________________________
38 _________________________________
39 _________________________________
40 _________________________________
42___________________________________
44___________________________________
46___________________________________
48______ _____________________________
Age In
months
308
06
84
72
60
48
36
24
12
Total dues
per share
$108 00
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00
Book value
per share
$138 36
119 44
101 52
84 52
68 43
53 15
38 73
25 19
12 32
Withdrawal
value
Dues plus
profits as
p e r bylaws.
73
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 53.
SA N F R A N C IS C O .
FIDELITY BUILDING AND LOAN ASSOCIATION.
(In corp orated M arch 19, 1887.)
W m . E.
B outon,
Secretary.
W m . A.
B
arlaoe,
President.
F iscal year ended M arch 31, 1918,
N o. of series, 37.
N o. of m em bers and investors, 187.
Assets.
Loans, on mortgages, $88,850;
on definite contract, $75,111.07; on shares, $9,788.48; on contract sales,
11,110.45________________ $184,800 89
Arrearages—
On shares______ $275 00
On in terest____ 3,014 82
-------=
-----3,289 82
Cash, :n office, $541 01; in
hank, $2,082.47 _________
2,024 08
10,475 55
Ileal estate owned__________
Advances, ledger accounts___
034 30
Other assets, U. S. bonds,etc.
2,001 00
Total assets
$203,891 04
Receipts for Fiscal Year.
Balance from last report____ $3,989
Installment shares, dues_____
21,791
Paid-up and prepaid shares,
dues -------------------------2,000
14,705
Interest ------------------------Pines ______________________
371
F e e s ----------------------------04
Loans repaid ______________
09,818
Overdrafts and bills payable. 18,800
Advances repaid, personal ac
counts __________________
1,201
All other receipts, tax re
123
fund, etc. _______________
Total receipts
N o. o f shares, 2,523.
Liabilities.
Installment shares, dues____ $92,290 00
Installment shares, profits___ 24,142 01
Paid-up and prepaid shares,
c a p ita l----------------------2,000 00
Paid-up and prepaid shares,
10 00
dividends________________
Advance payments ________
108 29
Overdrafts and bills payable
59,300 00
Reserve and undivided profits
23,104 74
I^oans due and incomplete___
2,401 82
All other liabilities, tax re
serve, e t c . _______
414 73
Total liabilities
$203,891 04
Disbursements for Fiscal Year.
40 Overdrafts and bills payable $18,500
30 Loans on mortgages and
shares____________________ 75,928
00 Interest paid ______________
3,130
05 Dues
repaid,
installment
55
•shares--------------------------11,480
90 Profits repaid, installment
15
shares____ ________________
3.393
00 Advances, personal accounts.
1.293
S a l a r i e s ________________________
51 T a x e s ______________________
Other expenses_____________
48 All other disbursements, real
estate and bonds_________
Balance, cash in office and
bank_____________________
$132,925 94
00
18
S3
30
74
00
2.325 OO
170 33
292 70
13,475 70
2,024 08
Total disbursements — $132,925 94
Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.
____________
34
.____________________
_____
__________
_
30________
...
______________________
39________ __
__
________________________
43________
.
47_______ .._______________________________
___________________________
51________
______________________
55— ------ __________
..
_________
_________
59______ __
68—
— ___________________________________
_______
_______________ _________
67------------
Age in
months
120
108
96
84
72
00
48
36
24
12
Total dues
per share
$120 0 0
108 00
96 0 0
84 00
72 00
60 00
48 00
36 00
24 00
12 00
Book value
per share
$181 70
158 03
135 47
114 34
94 33
95 55
57 99
41 61
26 25
12 61
Withdrawal
value
D u e s plus
profits as
p e r bylaw s.
74
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 54.
SA N F R A N C IS C O .
FRANKLIN MUTUAL BUILDING AND LOAN ASSOCIATION.
(In c orp orate d October 23, 1906.)
B.
F edde,
Secretary,
O tto
F isc al
N o. o f series, none.
year ended
F. E.
N o. o f m em bers and investors, 295.
Assets.
Loans, on mortgages, $48,410;
on definite contract, $176,139.27 ___________________ $224,549 ,27
Arrearages, on interest_____
1,485 43
Cash in offiee, $875.48; in
bank, $2,462.90 _________
3.338 38
Real estate owned_________
8,981 05
Furniture and fixtures------ 1 00
Advances, ledger accounts—
68 30
Total assets___________ $238,373 43
Receipts for Fiscal Year.
Balance from last report____ $17,141
48,424
Installment shares, dues----In terest___________________
17,186
F e e s _______________________
208
Loans repaid -----------------76,139
Advances repaid, personal ac1,352
counts ----------------------AH other receipts, real estate,
m2
e t c .______________________
B
u r m e is t e b ,
N o. o f shares, 3,752,
Liabilities.
Installment shares, dues____ $150,854
Installment shares, profits__ 23,658
Paid-up and prepaid shares,
c a p ita l----------------------27,300
Advance payments________
54
Overdrafts and bills payable- 28,000
Reserve and undivided profits
8,181
All other liabilities, interest
on bills payable------------323
70
68
00
80
00
68
57
Total liabilities_______ $238,373 43
Disbursements for Fiscal Year.
Overdrafts and b’ lls payable- $16,000
Loans on mortgages and
shares___________________
92,085
Interest p a id _______________
2,565
Dues
repaid,
installment
shares------------------------- 25,762
55 Profits repaid, installment
shares------------------------- . 4,244
17 Paid-up and prepaid shares,
2,059
dividends-------------------Advances, personal accounts
1,300
2,800
Salaries------------------------223
Taxes — ---------------------1,134
Other expenses---------------All other disbursements, real
9,823
estate, etc. — --------------Balance, cash in office and
bank------ -------------------3,338
73
69
14
54
79
Total receipts------------ $161,345 61
00
00
00
66
36
15
00
50
54
80
22
38
Total disbursements — $101,345 01
Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, fl.0 0 p er share p er month.
Dividend, last fiscal year, 5 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, dues plus profits apportioned.
President.
D ecem ber 31, 1917.
75
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 55.
SA N F R A N C IS C O .
GLOBE MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated M arch 30, 1898.)
II. F . G a s s i d t , Secretary.
F r a n k O t i s , President.
F isc al y ear ended M arch 31, 1918.
N o, o f series, 16.
N o. o f m em bers and investors, 163.
N o. o f shares. 3.227.
Assets.
Liabilities.
Loans, on definite contract,
Installment shares, dues____$34,633 20
$120,760.67; on shares,
Installment shares, profits—
11,110 82
$ 3 0 ---------------------------- $120,790 67 Paid-up and prepaid shares,
Arrearages—
c a p ita l------------------------ 64,700 00
On shares _____ $162 90
Paid-up and prepaid shares,
On in te re s t____
775 91
dividends _______________
3,563 10
------------------------ 93881
Advance paym ents________
966 00
Gash in bank_______________
3,875 84 Reserve and undivided profits
13,512 04
Heal estate owned__________
1,532 21 Loans due and incomplete—
27 42
Advances, ledger accounts___
366 65
Other assets, U. S. bonds___
1,000 00
Total assets__________ $128,513 18
Receipts for Fiscal Year.
Balance from last report____
$905
Installment shares, dues----6,750
Investment certificates_____
5,900
In te re s t___________________
10,678
Fines ---------------------------111
F e e s _______________________
12
Loans re p a id ------------------ 32,886
Overdrafts and bills payable3,750
Total liabilities_______ $128,513 18
10
60
00
01
35
50
82
00
Disbursements for Fiscal Year.
Overdrafts and bills payable- $6,000 00
Loans on mortgages and
shares------------------------28,338 08
Interest p a id -----------------88 86
Dues
repaid,
installment
shares------------------------1,290 00
Profits repaid, installment
shares------------------------255 00
Paid-up and prepaid shares,
c a p ita l__________________
500 00
P a id -u p a c d p repaid shares,
dividends--------------------Investment certificates, prin
cipal _____________________
Investment certificates, divi
dends ____________________
Advances, personal accountsSalaries____________________
T a x e s ---------------------------Other expenses---------------AH other disbursements, real
estate, e t c . -----------------Balance, cash in office and
bank_____________________
Total receipts
$60,994 38
Total disbursements —
5,207 00
10,400 00
342 07
355 60
1,427 50
3 80
378 42
2,532 21
3,875 84
$60,994 38
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
34___________________________________
37___________________________________
39--------------------------------------------41--------------------------------------------43--------------------------------------------45----------------------------2--------------47--------------------------------------------49--------------------------------------------51---------------------------------------------
Age In
months
114
96
84
72
60
48
36
24
12
Total dues
per sham
$57 00
48 00
42 00
36 00
30 00
24 00
18 00
12 00
6 00
Book value
per share
$85 82
67 87
56 90
46 74
36 70
28 66
20 63
13 20
6 33
Withdrawal
value
$80 68
63 80
53 49
44 14
34 50
26 95
19 81
12 81
6 27
76
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 56.
SA N F R A N C IS C O .
HOME MUTUAL DEPOSIT LOAN COMPANY.
(In c orp orate d N ovem ber 30, 1885.)
A . It. K
no ll,
Secretary.
N o. o f series, none.
G e o . M . M i t c h e l l , President,
F isc al y ear ended Decem ber 31, 1917.
N o. of m em bers and investors. 149.
N o. o f shares. 721.
Assets.
Loans, on definite contract,
$248,104.80; on contract
sales, $1,463.89 __________ $249,628
Arrearages, on interest_____
2,375
Cash, in office, $221.40; in
bank, $1,572.64 _________
1,794
Real estate owned------------3,971
100
Furniture and fixtures_____
Advances, ledger accounts___
1,191
Other assets, Liberty Bonds2,000
78
93
04
66
00
91
00
Total assets------------- $261,062 32
Receipts for Fiscal Year.
Balance from last report____
$310
Installment shares, dues____
8,868
Investment certificates
___
50,154
18,854
In terest_____ ____ __________
Fines ______________________
257
Loans repaid ------ ---------- 73,739
Overdrafts and bills payable. 54,500
Advances repaid, personal ac2,817
counts---------- -------------All other receipts, real estate,
e t c . ________________ _____
4,261
Liabilities.
Guarantee stock, capital____ $25,000
Guarantee stock, surplus----923
Installment shares, dues____
23,995
Installment shares, profits___
7,997
Paid-up and prepaid shares,
c a p ita l__________________
44,025
Paid-up and prepaid shares,
dividends________________
1,353
Investment certificates, prin
cipal
----------------------- 109,566
Investment certificates, divi
4,263
dends ___________________
Overdrafts and bills payable.
9,000
Reserve and undivided profits 19,OK)
Loans due and incomplete___
11,390
Sundry ledger accounts-----300
All other liabilities, dividends,
e t c . ______________________
4,185
Disbursements for Fiscal Year.
Overdrafts and bills payable $47,500
Loans on mortgages and
shares------------------------ : 68,386
Interest paid -----------------560
Dividends on guarantee stock
3,640
Dues
repaid,
installment
shares___________________
12,711
Profits repaid, installment
shares___________________
2,997
25
Paid-up and prepaid shares,
82
c a p ita l----------------------2,W0
Paid-up and prepaid shares,
dividends--------------------2,116
Investment certificates, prin
cipal _____________________ 54,927
Investment certificates, divi
dends ____________________
4,499
Advances, personal accounts.
4,163
Salaries____________________
3,557
T a x e s ---------------------------409
Other expenses--------------1,700
All other disbursements, Lib
erty B o n d s-----------------2,000
Balance, cash in office and
ban k-------------------------1,794
30
00
43
00
90
96
86
93
00
31
25
00
45
15
00
60
60
25
18
50
68
98
00
04
Total disbursements — $213,763 99
Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues. 11.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, dues plus 95 per cent o f profits.
70
Total liabilities_______ $261,062 32
59
65
30
39
77
22
00
Total receipts_________ $213,763 99
00
75
40
00
77
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 57.
SAN F R A N C IS C O .
MECHANICS BUILDING AND LOAN ASSOCIATION.
(In c orp orate d J an u a ry 6, 1891.)
W . E. B
o u t o n ',
Secretary.
F r e d e r ic k
F i l l m o r e , President.
F isc al y e a r ended D ecem ber 31, 1917.
No. of series,
26.
N o. o f m em bers and investors, 59.
N o. o f shares, 951.
$86,758 33
A ll other rece'pts, tax a d ju st
ments ________________________
Total receipts
$35,481 43
S8
8
Disbursements for Fiscal Year.
$528 58 Overdrafts and bills payable $5,150.
0,646 06 Loans on mortgages and
shares___________________
7,950
3,000 00 Interest p a id ______________
1,607
6,420 41 Dues
repaid,
installment
83 17
shares ____________________ 13,090
13 70 Profits repaid, installment
6,746 48
4,527
shares___________________
8,900 00 Paid-up and prepaid shares,
206
dividends--------------------25 70 Advances, personal accounts20
1,137
S a l a r i e s ---------------------------------28 T a x e s ---------------------------358 47
117
163 01
Other expenses --------------Balance, cash in office and
190 94
bank-------------------------Total disbursements —
Installment Shares, With Age, Value, and Withdrawal Value.
B value
ook
Total du
es
Age In
Serial
per share
per sh
are
mn s
o th
No.
$167 10
$120 00
______________________
120
20_______—
108 00
146 25
108
31___________________________________
126 26
__________
________
__
m
5 6 00
1
33 _
84 00
107 20
.
_________
__________
84
36__
72 00
80 08
72
4 0 _____ ____________________________
60
60 00
71 90
44—
- _______________ ________
45 00
51 72
45
40_______. — _________________
40 32
36 00
____
36
52____ ._____________________
_____________ ______________
24
24 00
25 05
56______
_ _________
______
12
12 00
12 40
60.
$86,758
E 8
Receipts for Fiscal Year.
Balance from last report____
Installment shares, dues____
I ’a'd-up and prepaid shares,
dues _____________________
In terest___________________
Fines _____________________
F e e s ----------------------------Loans re p a id ______________
Overdrafts and bills payableAdvances repaid, personal ac
counts __________________
Total liabilities
838
Total assets
I SI 3
8888
Assets.
Liabilities.
Ijoans, on mortgages, $78,600;
Installment shares, dues----- $35,317 00
on definite contract, $7,Installment shares, profits—
7,893 62
106.30; on shares, $750— $86,546 30 Paid-up and prepaid shares,
( ’ash in bank_______________
190 04
capital __________________
5,000
Advances, ledger accounts__
21 00 Advance payments_________
31
Overdrafts and bills payable 31,250
Reserve and und’vided profits
7,(M
M
All other liabilities, interest
and ta x e s _______________
171
$35,481 43
W
ithdrawal
value
78
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 58.
SA N F R A N C IS C O .
OCCIDENTAL LOAN ASSOCIATION.
(In c orp orate d A u gu st 26, 1885.)
B
enj.
M . S t i c h , Secretary.
S. C a m p b e l l , President.
F isc al y e a r ended Septem ber 4, 1917.
N o. o f series, 10.
N o. o f m em bers and investors, 56.
Assets.
Loans, on mortgages, $36,000;
on mortgages, flat, $10,2&5.2T; on shares, $7,000;
on contract sales, $4,835.45 $58,120
Arrearages—
On shares ------- $1,238 00
On in te re s t____ 1,149 35
On premium —
542 15
2,929
Cash in bank_______________
3,372
1,172
Real estate owned_________
13,446
Advances, ledger accounts—
Total assets
50
60
16
30
$79,041 28
$45,448 12
Total liabilities
$79,041 28
Disbursements for Fiscal Year.
Overdrafts and bills payable- $3,000
Loans on mortgages and
7,947
shares------------------------Interest p a id -----------------1,392
Dues
repaid,
installment
shares------------------------------ 4,206
Profits repaid, installment
shares------------------------2,010
Advances, personal accounts- 17,637
S alaries____________________
1,530
Taxes _____________________
485
Other expenses--------------201
All other disbursements, real
estate, etc. ______________
3,665
Balance, cash in office and
b an k _____________________
3,372
Total disbursements —
Installment Shares, With Age, Value, and Withdrawal Value.
Total d es
u
Age In
B value
ooh
per sh
are
mn s
o th
per share
120
$120 00
$182 97
108
108 00
156 72
96
96 00
132 88
84
84 00
111 10
72 00
72
91 07
60 00
60
72 60
48
48 00
55 64
36
36 00
40 09
24 00
24
25 17
12
12 00
12 45
No.
23_____ ______________________________
24 — — ; _________________________
________________________
25_ — —
2 6 ____ ________________ _____ —
____________________________
27—
28_____ ______________________________
2 9 ____ ______________________________
30_____ ______________________________
31_____ ____________________________
32_____ ______________ _______________
442.
Liabilities.
Installment shares, dues____ $26,400 00
Installment shares, profits__
7,462 82
Overdrafts and bills payable- 22,950 00
72 Reserve and undivided profits 22,066 10
Sundry ledger accounts_____
162 30
Receipts for Fiscal Year.
Balance from last report____
$4,645 20
Installment shares, dues----5,580 00
In terest------------------------4,760 00
Premiums _________________
1,113 35
2 50
F e e s _______________________
Loans re p a id -----------------13,314 55
Overdrafts and bills payable500 00
Advances repaid, personal ac
counts __________________
9,886 50
All other receipts, real estate,
e t c . ______________________
5,645 93
Total receipts----
N o. o f shares,
00
26
00
00
18
98
00
10
59
41
60
$45,448 12
W
ithdrawal
value
$167 22
142 10
119 97
100 26
82 84
66 30
51 82
38 04
24 88
12 22
79
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 59.
SAN F R A N C IS C O .
PACIFIC LOAN ASSOCIATION.
(In c orp orate d D ecem ber S, 1884.)
B enj.
N o.
M.
St ic h ,
o f series.
8.
Secretary.
B. M. G u n z b u r g e r , President.
Fiscal year ended Decem
ber 5 1 1 .
, 97
N o.
o f m em bers and investors, 45.
Assets.
Loans, on mortgages, $16,380;
on contract sales, $5,586.35 $21,966
Arrearages—•
On shares______ $371 00
320 75
On in te re s t----On prem ium ___
180 31
872
Cash, in office, $126.40; in
bank, $285.53 ______ , ____
_
411
Real estate owned_________
13,140
Advances, ledger accounts___
1,450
Liabilities.
Installment shares, dues____
35 Intsallment shares, profits___
Overdrafts and bills payableReserve and undivided profits
Sundry ledger accounts_____
Total receipts ________
157.
$9,780
2,341
17,521
8,152
47
00
22
01
51
04
06
93
95
49
Total liabilities_______
Total assets___________ $37,841 78
Receipts for Fiscal Year.
Balance from last report____
$542
Installment shares, dues____
2,395
In terest___________________
1,869
Premiums _________________
529
F e e s _______________________
1
Loans repaid ______________
1,919
Overdrafts and bills payable- 12,476
Advances repa!a, personal aecounts___________________
473
All other receipts, real estate,
e t c . ______________________
5,657
N o . o f shares,
$37 841 78
Disbursements for Fiscal Year.
Overdrafts and bills payable- $6,755 84
Loans on mortgages and
shares____________________
1,207 35
Interest p a id ______________
452 60
Dues
repaid,
installment
shares____________________
5,426 00
Profits repaid, installment
shares ____________________
2,075 79
1,372 07
00 Advances, personal accountsSalaries------------------------1,260 00
148 99
51 T a x e s ---------------------------Other expenses______ •
______
124 13
All other disbursements, real
estate, e t c . ______________
6,629 21
Balance, cash in office and
411 93
ban k ----- -— ---------------
26
00
72
09
10
38
85
$25,863 91
Total disbursements —
$25,863 91
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
22___________________________________
23___________________________________
24___________________________________
2 8 __________________________________
29______________________________ 48
30_______ _______________ ________
31___________________________________
32_______
Age In
months
132
120
108
60
36
24
12
Total dues
per share
Book value
per share
$132
120
108
60
48
36
24
12
$185
161
140
70
53
39
25
12
00
00
00
00
00
00
00
00
05
91
55
22
74
12
33
32
Withdrawal
value
$171
151
130
65
50
37
24
12
78
43
78
11
87
56
60
10
80
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 60.
SAN F R A N C IS C O .
PACIFIC STATES SAVINGS AND LOAN COMPANY.
(In c orp orate d June 14, 1889.)
W. S.
P abuy,
Secretary.
•
F.
R e is ,
Jk ., President.
F isc al y e a r ended Decem ber 31, 1917.
N o. of series, none.
N o, of m em bers and investors, 2,173.
N o. o f shares, 4,044.
Assets.
Liabilities.
Loans, on mortgages, $280,Paid-up and prepaid shares,
022.58; on definite con
c a p ita l---------------------- $201,550 00
tract, $014.045.80;
on
Paid-up and prepaid shares,
shares, $3,435 __________ $1,108,403 38
91,214 35
dividends_______________
Arrearages—
Investment certificates, prin
On certificates _ $4,208 00
cipal ------------------------815,875 42
Investment certificates, divi
On in te re s t___5,391 03
143,062 85
------------------------- 0,08003dends __________________
Cash, in office, $1,715.30; in
Advance payments________
7,457 55
bank, $70,332.91 ____________ 72,048 27 Reserve and undivided profits 169,683 59
32,314 79
Real estate owned_________
76,421 70 Loans due and incomplete__'
10,081 37
Furniture and fixtures_____
300 00 Sundry ledger accounts____
Advances, ledger accounts—
3,156 99 All other liabilities, tax re
serve, e t c . ------ .----------11,932 45
Other assets, bonds, etc.____
123,153 00
Total assets__________ $1,483,172 37
Receipts for Fiscal Year.
Ra lance from last report___ $89,900
Installment shares, dues____
909
229,529
Investment certificates____
In te re s t__________________
110,514
Premiums ________________
300
Loans re p a id _____________
475,121
Advances repaid, personal
accounts _______________
18,279
All other receipts, real es
tate, rents, etc__________
23,993
Total receipts
Total liabilities______ $1,483,172 37
Disbursements for Fiscal Year.
Loans on mortgages, and
shares__________________ $571,755
Dues repaid, installment
• shares__________________
23,736
Profits repaid, installment
shares__________________
9,766
Paid-up and prepaid shares,
92
c a p ita l---------------------0,360
Paid-up and prepaid shares,
71
dividends------------------20,151
Investment certificates, prin
cipal ____________________ 127,075
Investment certificates, divi
dends __________________
21,221
Advances, personal accounts
15,866
Salaries__________________
16,225
T a x e s _____________________
2,381
Other expenses-------------11,967
All
other disbursements,
bonds, real estate, etc---50,051
Balance, cash in office and
ban k___________________
72,048
18
00
31
15
00
69
$948,607 90
Total disoursements —
Installment Shares, W ith Age, Value, and Withdrawal Value.
D ayton plan.
Dues, 60 cents per share p er month.
Dividend, last fiscal year, 7 p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, dues plus profits a s per by-law s.
48
30
25
00
00
91
23
91
00
95
67
99
27
$948,607 96
81
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 61.
SAN F R A N C IS C O .
PROGRESS MUTUAL LOAN ASSOCIATION.
(In corp orated D ecem ber 31, 1894.)
N.
S t e in b e b g e b ,
Secretary.
Fiscal year ended Decem
ber
N o. o f series. 11.
Ja m e s
81,
N o. o f m em bers and Investors, 129.
Assets.
Loans, on definite contract,
$48,743.66; on shares, $2,850 ------ -----------------—
$51,593 66
562 34
Cash in ban k ______________
Heal estate owned-----------1,187 12
Total assets___________ $53,343 12
Receipts for Fiscal Year.
Balance from last report___
$936
8,265
Installment shares, dues----4,262
In te re s t___________________
Pines ______________________
24
22
Fees ______________________
Loans repaid ______________
20,686
Overdrafts and bills payable 19,000
Advances repaid, personal accounts __________________
75
Total receipts_____ ___
A.
W
h it e ,
N o. o f shares. 949.
Liabilities.
Installment shares, dues____ $35,209 20
8,454 23
Iristailmetn shares, profits—
Overdrafts and bills payable7,500 00
Reserve and undivided profits
2,179 69
Total liabilities_______
$53,343 12
Disbursements for Fiscal Year.
Overdrafts and bills payable- $11,500 00
Loans on mortgages and
shares ____________________ 17,520 00
188 47
Interest p a id ______________
Dues
repaid,
installment
shares ------------------------16,487 20
Profits repaid, installment
5,153 54
shares____________________
8 55
55 Advances, personal accounts1,293 00
Salaries------------------------185 81
T a x e s ______________________
374 42
Other expenses --------------Balance, cash in Office and
562 34
bank--------------------------
55
40
22
67
25
69
00
$53,273 33
Total disbursements —
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
Age to
Total du
es
B value
ook
per share
mn s
o th
per sh
are
N
o.
$161 90
14_____ ____
____
$120 00
__________
120
141 27
15 _ __ ___________ . ____________
108
108 00
1 6 ___________________ _______________
121 62
96
96 00
84
84 00
103 06
17____________________ ______________
18 _ _
________
______________
72
72 00
85 60
19_____ ________________________
00
00 00
60 19
20________
_________ ______________
48
48 00
53 76
21____________________
36 00
39 18
22____________________ ______________
24
24 00
25 40
23__________
_______ ______________
12
12 00
12 36
6— 40206
President.
11.
97
$53,273 33
W
ithdraws!
valu
e
$157 50
137 50
118 00
100 00
83
07 50
52 7“
38 50
25 00
12 25
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
82
No. 62.
SAN F R A N C IS C O .
PROVIDENT MUTUAL LOAN ASSOCIATION.
(In corp orated Septem ber 24, 188?,)
N.
S t e in b e b g e k ,
Secretary.
Jam es
Roi.ph, President.
F iscal y e a r ended Septem ber 30, 1917.
N o. o f series, 10.
No. o f m em bers and investors, 270.
N o. o f shares, 3,171.
Liabilities.
Assets.
Installment shares, dues____$128,047
Loans, on definite contract,
Installment shares, profits_ 32,763
$153,211.03; on shares, $2,7,905
1 4 0 _____________________ $155,301 03 Reserve and undivided profits
Loans due and incomplete___
067
Arrearages—
All other liabilities, tax re
On shares______
$63 70
serve _____________________
60
On in te re s t____
582 03
------------------------- 64663
Cash in bank__________________
11,10717
Real estate owned_____________
1,43680
Furniture and fixtures________
20000
Advances, ledger accounts_
700 01
Total assets------------- $169,442 63
Receipts for Fiscal Year.
Balance from last report___$12,372 93
Installment shares, dues____
27,782 00
Interest __________________
13,249 80
F in e s ______________________
69 91
F e e s ----------------------------51 25
59,315 13
Loans re p a id -----------------Overdrafts and bills payable 57,500 00
Advances repa'd, personal ac
counts __________________
228 73
Total rece'pts------------ $170,569 75
20
13
CO
30
00
Total liabilities--------- $169,442 03
Disbursements for Fiscal Year.
Overdrafts and b’lls payable- $57,500 00
I joans on mortgages and
shares------------------------51,132 70
Interest paid ______________
452 38
Dues
repaid,
installment
shares------------------------34,342 80
Profits repaid, installment
shares___________________
11,977 56
Advances, personal accounts347 25
S alaries------------------------2,(M)0 00
T a x e s ---------------------------389 53
Other expenses_____________
600 86
All other disbursements, fix
tures, e t c . _______________
20 50
Balance, cash in office and
ban k_____________________ 11,107 17
Total disbursements___$170,569 75
Installment Shares, With Age, Value, and Withdrawal Value.
Seda!
No.
Age in
months
23—
24—
25—
26—
27—
28—
29—
30—
31—
32—
120
108
96
84
72
60
48
36
24
12
Total dues
per share
Boots value
per share
$120
108
96
84
72
60
48
36
24
12
$168
146
125
106
88
71
54
39
25
12
00
00
00
00
00
00
00
00
00
00
30
53
96
55
30
08
94
81
66
42
Withdrawal
value
$168
146
121
101
83
67
52
38
25
12
30
53
00
60
75
50
80
70
20
25
83
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 63.
SA N F R A N C IS C O .
UNION LOAN ASSOCIATION.
(In corp orated M a y
6. 1881.)
B . M . (JUNZBUBOEB, Secretary.
H. D
ebkrky,
J r ., P re s id e n t
F iscal y e a r ended M ay 7, 1918.
No. o f series.
10.
No. o f m em bers an d Investors. 69.
Assets.
Loans, on mortgages, $25.000;
on shares, $1,150; on con
tract sales, $6,284.0?_____ $33,014 OT
Arrearages—
On shares______ $560 85
On interest____
004 42
427 50
On prem ium ___
$1,052 86
Cash, in office, $508.90; in
bank, $3,784.67 _________
4,293 37
Real estate owned_________
2,104 04
Advances, ledger accounts_
004 74
Total assets__________
Total receipts_________
Liabilities.
Installment shaivs. dues____ $13,008 00
Installment shm>s profits-_
2.885 40
Overdrafts and bills payable. 12.575 00
Reserve and undivided profits 11.802 87
All other liabilities, suspense.
678 01
$41,850 18
Receipts for Fiscal Year.
Balance from last report___ $6,022
Installment shares, dues____
4,636
In terest___________________
3,267
061
Premiums _________________
F e e s _______________________
2
6,682
Loans repaid_______________
Overdrafts and bills payable
5,000
Advances repaid, personal accounts __________________ * 161
AH other receipts, real estate,
______________________ ,
600
N o. o f shares, 328.
Total liabilities_______
$41,850 18
Disbursements for Fiscal Year.
Overdrafts and bills payable $7,150 00
Loans on mortgages and
shares __________________
4,403 04
Interest paid ______________
550 62
Dues
repaid,
installment
shares __________________
4,505 Of)
Profits repaid, installment
shares ___________________
1,501 2 )
1
450 82
20 Advances, personal accountsS alaries____________________
1.230 00
385 12
31 T a x e s ---------------------------Other expenses ____________
264 63
All other disbursements, real
estate, etc. ______________
2,407 60
Balance, cash in office and
ban k_____________________
4,203 57
40
15
58
36
70
98
00
$27,340 68
Total disbursements---
$27,340 OS
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
Age in
months
120
108
06
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$120
108
96
84
72
60
48
30
24
12
$173
149
127
106
87
70
54
30
25
12
00
00
00
0O
00
00
00
Of)
00
00
88
55
02
54
67
20
26
44
52
30
Withdrawal
value
$160
137
116
07
80
65
51
37
24
12
41
08
16
52
Hi
14
13
72
70
19
84
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 64.
SA N F R A N C IS C O .
WESTERN LOAN ASSOCIATION.
(In corp orated N ovem ber 12, 1886.)
B
enj.
M . S t ic ii,
Secretary.
F rank R. D a
nn
,
President.
F ise al y e a r ended N ovem ber 19, 1917.
N o. o f series, 10.
N o. o f m em bers and investors, 74.
Assets.
Loans, on mortgages, $41,900;
on shares, ete., $3,500; on
contract sales, $6,928.62__ $52,328
Arrearages—
On shares _____ $1,820 00
On In terest____ 1,882 39
715 00
On prem ium ___
4,417
( ’ash, in office, $496.12; in
bank, $955.93 ____________
1,452
Real estate ow ned_______
21,630
Advances, ledger accounts__
1,405
Total assets______ —
Total receipts —
Serial
No.
Liabilities.
Installment shares, dues----- $39,324 00
Installment shares, profits—
12,890 65
62 Overdrafts and bills payable 15,500 00
Reserve and undivided profits 13,398 90
Sundry ledger accounts_____
120 34
39
05
72
11
$81,233 89
Receipts for Fiscal Year.
Balance from last report___
$2,361
Installment shares, dues —
6,198
Interest _______ _____ ___
4,177
Premiums _________________
1,106
1
F e e s ----------------------------20,948
Loans re p a id -----------------Overdrafts and bills payable5,000
Advances repaid, personal ae756
c o u n ts -- ----------- -----All other receipts, real etsate,
2,056
e t c . ______ _______
— _
N o . o f shares, 543,
Total liabilities
_______
Disbursements for Fiscal Year.
Overdrafts and bills payable $5,000 00
Loans on mortgages and
shares
---------------------6,735 36
Interest paid ______________
840 00
Dues
repaid,
installment
shares________ ______ ___
3,059 00
Profits repaid, installment
shares ------------------------1,417 29
01 Advances? personal accounts1,238 54
Salaries------------------------1,560 00
35 Taxes
700 68
_______ ____________
Other expenses ____________
247 04
All other disbursements, real
estate, e t c . _____ ___ —
20,355 18
Balance, cash in office and
ban k--------------- -------1,452 05
37
00
62
20
30
29
00
_ __ $42,005 14
Total disbursements_____
Installment Shares, With Age, Value, and Withdrawal Value.
Age in
Total dues
Book valu
e
22___________________________________
2 3 ________________________ _______
24________________________ ________
25_______ ____________________________
26___________________________________
27___________________________________
28_______„
________________________
29___________________________________
30___________________________________
31_____ ______________________________
$81,233 89
months
120
168
96
84
72
60
48
36
24
12
per share
$120
108
96
84
72
60
48
36
24
12
00
00
00
00
00
00
00
00
00
00
per share
$181
155
131
109
89
71
55
40
25
12
34
24
40
73
98
92
34
01
77
45
$42,605 14
Withdrawal
value
$166
141
119
99
81
65
51
38
24
12
01
06
01
43
88
96
67
00
88
22
85
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 65.
SA N J O S E .
MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated M arch 12, 1889,)
R alph
E.
S anders,
Secretary.
G eo.
E.
G
raft,
President.
F iscal y ear ended D ecem ber 31, 1917.
No. of series, none.
N o. of m em bers and investors, 1,027.
Assets.
Loans, on definite contract,
$700,258.75; on shares,
$6,827; on contract sales,
$87,762.06 ________________$813,847
Cash, in office, $75; in bank,
$25,265.46 _______________
25,340
Real estate, owned-----------27,406
Furniture and fixtures_____
2,530
Other assets, Liberty Bonds. 10,000
81
46
80
20
00
Total assets__________ $870,134 36
Receipts for Fiscal Year.
Balance from last report----$0,138
50,846
Installment shares, dues____
Paid-up and prepaid shades,
dues ___________________ 335,075
Investment certificates_____
30,361
In terest___________________
64,154
Loans re p a id ______________ 218,660
Overdrafts and bills payable 157,500
Advances repaid, personal ac
counts ___________________
04
All other receipts, real estate,
e t c .______________________
20,906
N o. o f shares, 4,357,
Liabilities.
Installment shares, dues_____ $152 006 80
Installment shares, profit___
58,707 65
Paid-up and prepaid shares,
c a p ita l------------------------ 500,410 00
Paid-up and prepaid shares,
dividends________________
18,877 42
Investment certificates, prin
cipal -------------------------24,100 50
Reserve and undivided profits 23,827 27
Loans due and incomplete___
11,034 54
Sundry ledger accounts_____
161 50
Total liabilities_______ $870,134 36
Disbursements for Fiscal Year.
21 Overdrafts and bills payable $157,500
33 Loans on mortgages and
shares___________________ 173,133
00 Interest p a id ______________
1,452
50 Dues
repaid,
installment
49
shares___________________ 203,322
01 Profits repaid, installment
00
shares___________________
32,483
Paid-up and prepaid shares,
18
c a p ita l----------------------82,900
Paid-up and prepaid shares,
44
dividends--------------------- 24.720
Investment certificates, prin
cipal _____________________
51,271
S alaries____________________
7,825
T a x e s ______________________
1,341
Other expenses---------------4,562
All other disbursements, real
48,886
estate, bonds, etc---------Balance, cash in office and
ban k_____________________ 25,340
Total receipts ________ $904,746 06
86
20
26
67
00
02
00
00
66
68
35
46
Total disbursements___$904,746 06
Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 p er sh are per month.
Dividend, last fiscal year, 51 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
00
S6
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 66.
SA N J O S E .
NUCLEUS BUILDING AND LOAN ASSOCIATION.
(In corp orated M arch 28, 1889.)
II. Jouxson , Secretary.
G eo. B. M cK ee, President.
F isc al y e a r ended A p ril 2, 1918.
N o. of series, none.
N o. o f mem bers and investors, 419.
Assets.
I^jans, on definite contract__$301,238 33
Arrearages, on interest-----1,479 96
( ’ash. in office, $730.39; in
4,935 30
bank, $4,204.91_________
Furniture and fixtures-------350 00
Advances, ledger accounts—
18 27
Total assets
$308,021 80
Receipts for Fiscal Year.
Balance from'ast -report------ $14,173
Installment shares, dues___
5)2,340
1’aid-up and prepaid shares.
dues -------------------------5,500
Interest ------------------------18,828
Loans repaid
-------------33,868
All other receipts, real estate,
etc. ______________________
3,751
N o. o f shares, 4,838.
Liabilities.
Installment shares, dues-----$231,344
Installment shares, profits_ 38,093
Paid-up and prepaid shares,
c a p ita l------------------------ 27,500
Paid-up and prepaid shares,
dividends--------------------677
Reserve and undivided profits
6,094
4,312
Loans due and incomplete_
Total liabilities
00
50
08
28
$308,021 86
Disbursements for Fiscal Year.
04 Loans on mortgages and
shares __________________ $90,491 27
94
Dues
repaid,
installment
shares____________________ 46,224 39
00
98 Profits repaid, installment
7,300 58
shares------------------------07
Paid-up and prepaid shares,
capital ----------------------5,800 00
50
Paid-up and prepaid shares,
dividends________________
1,452 45
Advances, personal accounts18 27
Salaries____________________
2,063 00
T a x e s ______________________
295 35
540 47
Other expenses---------------All other disbursements, real
estate, etc. ______________
288 05
Balance, cash in office and
bank-------------------------4,935 30
Total receipts ________ $168,465) 13
Total disbursements — $168,465) 13
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
Dues, |1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
40
00
87
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 67.
SAN J O S E .
SAN JOSE BUILDING AND LOAN ASSOCIATION.
(In corp orated J an uary 30, 1885.)
W, M.
So . t h e im e k .
n
Secretary.
V.
K
och,
President.
F iscal y ear ended D ecem ber 30, 1917.
No. o f series, none.
N o, of mem bers and investors, 763.
Assets.
Loans, on mortgages, $497,005; on contract sales, $7,1.00.13 __________________ $504,804 13
Arrearages—
On in te re s t____$1,406 41
On tin es_______
33 70
1,440 11
Cash, ;n office, $635.41; in
bank, $17,788.92 ________
18,424 33
Real estate owned (office
building, $17.708.42)____
23.078 89
Furniture and fixtures______
(588 30
Advances, ledger accounts___
329 11
Other assets, Liberty Bonds- 11,000 00
Total assets__________ $559,764 87
Receipts for Fiscal Year.
Balance from last report___ $4,778
Installment shares, dues____ 163,920
Investment certificates___
25.467
Interest
_ ______ _______
41,505
Fines
------- ----------- ----270
Loans re p a id ------------------ 130,304
Overdrafts and bills payable11,500
Advances repaid, personal aecounts __________________
1,430
All other receipts,*real estate,
e t c . ______________________
11,578
N o. of shares, 13,7-'8.
Liabilities.
Installment shares, dues____$428,301 24
Installment shares, profits___ 58,068 02
Paid-up and prepaid shares,
capital ----------------------4,000 00
Investment certificates, prin
53,234 58
cipal -------------------------Investment certificates, divi
dends ------------------------766 13
Reserve and undivided profits
15,211 40
Loans due and incomplete___
182 60
Total liabilities_______ $5>0,7<» 87
Disbursements for Fiscal Year.
Overdrafts and hills payable- $11,500 00
Loans on mortgages and
shares------------------------92,578 62
Interest p aid_______________
193 60
Dues
repaid,
installment
shares___________________ 179,258 77
Profits repaid, installment
shares------------------._____
15,110 53
91 Paid-up and prepaid shares,
dividends________________
200 00
48 Investment certificates, prin
cipal ____________________
17,920 00
Investment certificates, divi
dends ------------------------2,401 08
Advances, personalaccounts1.613 88
Salaries____________________
4,000 00
T a x e s ______________________
303 31
Other expenses_____________
2,131 64
All other disbursements, real
estate, bonds, etc.________
44,989 09
Balance, cash in office and
ban k_____________________
18,424 33
92
5S
58
01
30
17
00
Total receipts-----------$300,776 85
Total disbursements — $390,770 85
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D ues 50 cents per sh are per month.
Dividend, last fiscal year, 5 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
88
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 68.
SA N L U I S O B IS P O .
SAN LUIS BUILDING AND LOAN ASSOCIATION.
(In corp orated M arch 1. 1888.)
M. L
e v in
, Secretary.
B
enj.
E
bo o k s,
President.
F isc al y e a r ended M arch 1. 1918.
N o. o f series, 16.
N o. o f mem bers and investors, 287.
N o. of shares, 2,601.
Assets.
Liabilities.
Loans, on mortgages, $164,Installment shares, dues____$130,446 00
630; on shares, $40; ,on
Installment shares, profits___ 28,840 95
contract sales, $564.75----- $165,234 75 Paid-up and prepaid shares,
Arrearages—
c a p ita l-----------------------800 00
On shares ------ $186 00
Paid-up and prepaid shares,
On interest — —
292 55
27 60
dividends________________
On fin e s --------108 85
Advance paym ents________
3,265 00
------------------------ 58740
Reserve and undivided profits
4,545 97
Clash in bank-----------------3,151 51 Sundry ledger accounts_____
95 28
Advances, ledger accounts---85 66 All other liabilities, tax re
serve -------------------------1,038 52
Total assets------------- $169,059 32
Receipts for Fiscal Year.
Installment shares, dues____ $31,889
14,252
In terest------------------------Pines ______________________
174
F e e s _______________________
46
Loans rep a id ------------------ 29,485
Advances repaid, personal ac
counts ----------------------400
All other reee’pts, real estate,
e t c . ______________________
1,330
Total receipts________
Total liabilities_______ $169,059 32
Disbursements for Fiscal Year.
Overdrafts and bills payable
$99 15
Loans on mortgages and
33,465 00
shares------------------------416 78
Interest paid -----------------Dues
repaid,
installment
shares ___________________
28,477 00
39 Profits repaid, installment
8,489 28
shares -----------------------50 Paid-up and prepaid shares,
dividends--------------------56 60
01 20
Advances, personal accountsS alaries----------------- -------1,686 43
963 31
T a x e s ---------------------------331 41
Other expenses --------------All other disbursements, fire
loss, etc. ________________
351 00
Balance, cash in office and
bank_____________________
3,151 51
00
92
47
23
25
$77,578 76
Total disbursements___$77,578 76
Installment Shares, With Age, Value, and Withdrawal Value.
Age in
Total d es
u
B value
ook
Serial
mn s
o th
per sh
am
per share
No.
______________
120
$120 00
$168 31
19___________ _______
108
108 00
146 79
20____________________ _______________
06
96 00
125 94
21____________________ ______________
84
84 00
106 37
2 2 ___________________ ____ _______
_____
72
72 00
88 20
23_ _________________ _____
25____________________ ______________
60
60 00
71 11
27 ________________ ______________
48
48 00
55 07
29 __________________ ______________
36 00
36
39 98
31____________________ ______________
24
24 00
25 77
12
33......... ................................. ..........
12 00
12 47
W
ithdrawal
value
$165 89
141 94
119 95
100 22
82 53
66 39
51 54
37 99
24 89
12 24
89
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 69.
SA N M A T EO .
SAN MATEO MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated June 22. 1896.)
< . II. K ibkbbioe, Secretary.
J
W m . F. T urnbull , President.
F iscal y e a r ended D ecem ber 31, 1917,
No. of series,, 40.
N o. of m em bers and investors, 147.
N o. o f shares, 1,284.
Assets.
Liabilities.
Ijoaus, on mortgages, $01,825;
Installment shares, dues____ $55,647
on shares, $300__________ $92,125 00 Installment shares, profits___ 13,764
Arrearages—
Paid-up and prepaid shares,
On shares _____ $1,241 00
capital __________________
28,200
On in te re s t----- 1,100 00
Paid-up and prepaid shares,
dividends________________
835
On fin e s __________
10000
------------------------ 2,44100
Advance payments_________
342
Cash in bank_______________
4,552 42 Overdrafts and bills payable.
1,357
5,373
Real estate owned-----------3,915 00 Reserve and undivided profits
3
Furniture and fixtures_____
120 00 Loans due and incomplete___
1,020 07 Sundry ledger accounts-----2
Advances, ledger accounts__
148
Other assets, Liberty Bonds1,500 00 All other liabilities_________
Total receipts_________
00
50
00
00
21
27
90
94
Total liabilities--------- $105,674 09
Total assets--------------$105,674 (X)
Receipts for Fiscal Year.
Balance from lastreport_____
$2,874
Installment shares, dues____
13,809
Paid-up and prepaid shares,
dues ____________________
3,200
In te re s t___________________
7,865
Premiums _________________
234
F in e s ______________________
123
Ife e s ----------------------------39
Loans repaid ______________
24,470
Overdrafts and billspayable5,437
Advances repaid, personal ac
counts __________________
87
AH other receipts, real estate,
e t c . ______________________
4,285
00
27
Disbursements for Fiscal Year.
82 Overdrafts and billspayable. $10,255 00
00 Loans on mortgages and
shares __________________
15,933 03
495 87
00 Interest p a id ______________
04 Dues
repaid,
installment
shares___________________
18,644 00
88
00 Profits repaid, installment
25
5,845 18
shares------------------------00 Paid-up and prepaid shares,
c a p ita l-----------------------1,200 00
00
Paid-up and prepaid shares,
dividends--------------------1,601 50
65
Advances, personalaccounts.
169 91
1,382 00
40 Salaries____________________
T a x e s ---------------------------299 47
Other expenses---------------335 15
AH
other
disbursements,
bonds, real estate, etc-----1,772 51
Balance, cash in office and
bank_____________________
4,552 42
$62,486 04
Total disbursements —
$62,480 C
M
Installment Shares, With Age, Value, and Withdrawal Value.
No.
________________________
47_______.
51_____ ____________________________
_
5 5 -------- ____________________________
5 9 _____ ____________________________
63___________________________________
07___________________________________
71___________________________________
75____________________________________
7 9 _____ __________ _________________
83--------- -------- -------------------------------
Age In
months
120
108
96
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$120
108
96
84
72
60
48
36
24
12
$171
149
127
107
89
71
55
40
25
12
00
00
00
00
00
00
00
00
00
00
87
14
99
79
00
63
30
04
28
46
Withdrawal
value
$168
146
125
105
87
70
64
39
25
12
43
16
23
63
31
20
19
24
26
21
90
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 70.
SAN R A F A E L .
MARIN COUNTY MUTUAL BUILDING AND LOAN
ASSOCIATION.
(In c orp orate d July
L, A.
L ancel,
19, 1886.)
Secretary.
G eo.
M.
D odge,
President.
F iscal y e a r ended July 31. 1917.
No. o f series, 19.
N o. of m em bers and investors, 250.
N o. o f shares, 3,130.
Assets.
Liabilities.
Loans, on mortgages_______ $143,200 00 Installment shares, dues____$107,352 00
Arrearages—
Installment shares, profits__ 24,548 90
On shares _____ $105 00
Investment certificates, prin
On in te re s t----157 50
cipal ------------------------8,550 00
On fin e s _______
13 15
Investment certificates, divi
------------------------ 27565 dends ------------------------54 58
Meal estate owned_________
8,555 37 Advance payments ________
50 00
3,460 77
Advances, ledger accounts—
63 70 Overdrafts and bills payableReserve and undivided profits
7,478 47
Ivoans due and incomplete___
600 00
Total assets------------- $152,004 72
Total liabilities________ $152,094 72
Receipts for Fiscal Year.
Balance from last rejiort___ $1,068 00
Installment shares, dues----40,566 00
Investment certificates-----3.000 00
In te re s t___________________
13,043 70
Fines ---------------------------156 17
F e e s _______________________
93 G
O
Loans repaid ------------------ 41,125 48
Overdrafts and Irlls payable2,460 77
All other receipts, rents, etc.
295 46
Disbursements for Fiscal Year.
Loans on mortgages and
shares___________________ $26,000 00
Interest paid ______________
78 88
D ues
repaid,
installm ent
shares __________________
Profits repaid, installment
shares____________________
Investment certificates, prin
cipal ___________________
Investment certificates, divi
dends ------------------------Advances, personal accountsS alaries___________________
T a x e s ______________________
Other expenses ____________
All other disbursements, real
estate, e tc ._______________
Total receipts_________ $102,700 18 1
48,150 00
18,161 35
4,550 00
421 40
24 50
1,560 00
241 45
416 60
3,105 00
Total disbursements — $102,709 18
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
Xo.
____
________ _____
________ ______________
______________
34 __________________ ______________
______
36______ ___________ _____
3 8 ___________________ ______________
40— —
____ -___________
42_________
______
____ ____
44 _ ______. —
46 __________________ ______________
29________
30_________
;io
Age in
months
114
108
96
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$114
108
96
84
72
00
48
36
24
12
$184
167
141
117
95
75
57
41
20
12
00
00
00
00
00
00
00
00
00
00
25
44
09
19
40
44
64
20
28
00
Withdrawal
value
$180
164
136
110
88
69
52
38
25
12
74
47
58
55
38
26
82
60
14
30
91
RETORT ON BUILDING AND LOAN ASSOCIATIONS.
No, 71.
S A N T A AN A.
HOME MUTUAL BUILDING AND LOAN ASSOCIATION.
(In corp orated A p ril 1, 1893.)
O. M . R o b b i n s , Secretary.
F
rank
E y , President.
F iscal y e a r ended Decem ber 31, 1917.
No. of series, 24.
N o. of m em bers and investors, 1,142.
Assets.
Liabilities.
Loa us. on mortgages, $433,050; on definite contract,
$r>O.702.r,1 ; on shares, $5,01! __
______________ $489,007
Arrearages—
On s h a re s _____ $733 00
895 60
On in te re s t____
1,028
( ’ash in h a n k _______
_
9,422
Meal estate owned (office
building) ___ __________ 19,582
Furniture and fixtures_____
384
Advances, ledger accounts___
90
Total assets
N o. o f shares, 5,637.
Installment shares, dues____ $252,051
Installment shares, profits___
02,937
Investment notes, principal_ 184,410
31 Investment notes, dividends
accrued
____ ___ _______
3,420
Advance paym ents__i ___ __
178
Reserve and undivided profits 17.389
00 Loans due and incomplete---440
90
Receipts for Fiscal Year.
Total liabilities
______ $520,770 70
Disbursements for Fiscal Year.*
Balance from last report____ $28,953 03 Loans on mortgages and
sh ares_
___
____ __ $117,089
Installment shares, dues —
73,002 25
repaid,
installment
Investment notes ______ ___
58,405 00 Dues
shares______________ __ _
99,840
88,889 27
Interest — _ —
_ —
Fines
_
_ _
_______
340 43 Profits repaid, installment
35,217
shares
_ --------— —
97 45
Fees
_ ------------- .--------Ixrnns repaid
_ — — — 127.747 49 Investment notes, principal_ 45,240
Investment notes, dividends__
10.710
Advances repaid, personal ac99
c o u n ts ---------------111 23 Advances, personal accounts2,805
All other receipts, rents, etc.
1,229 24 Salaries _____ ____________
800
Taxes
___ ____ ____ _____
1,512
Other expenses_____ ____ —
All other disbursements, real
estate and insurance
___
409
Balance, cash in office and
bank _____ _ _ --------9,422
$323,275 99
35
25
04
00
47
20
00
04
37
05
90
Total disbursements — $323,275 09
Installment Shares, With Age, Value, and Withdrawal Value.
Age in
Total d es
u
Book value
Seilal
per sh
are
per sh
are
mn s
o th
No.
**
>>
________ _____________
_
120
$120 00
$180 75
—
108
108 00
185 77
24__________________________
132 04
96 00
20_____ _
______________________
90
84
84 00
111 21
28----------________ _ ______________
_ - _____________ „
72
72 00
91 38
30 —
______ __________
00
73 05
32_
60 00
34
— ._________
—
_______
48
48 00
56 07
40 41
30 __ .. ______
36 00
____________
30
25 90
24
24 00
38___________________________________
40___________________________________
12
12 00
12 40
00
35
07
05
77
70
10
----------- $520,770 70
Total receipts--------—
00
00
00
W
ithdrawal
valu
e
$180 75
155 77
130 80
100 21
86 88
08 20
52 05
as 20
24 95
12 23
92
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 72.
SAN TA BARBARA.
LOAN AND BUILDING ASSOCIATION.
(In c orp orate d M a y 23. 1887.)
J. M.
A bbott,
Secretary,
H
enry
L.
St a m b a c ii,
President.
F isc al y e a r ended June 30, 1918.
N o. o f series, 23.
N o. o f m em bers and investors, 531.
Assets.
Liabilities.
Loans, on mortgages, $422,087; on shares, $3,375— $420,302 00
Arrearages—
On shares-------- $657 00
On in te re s t----607 42
On fin e s ______
60 05
-------- .
—
1,324 47
Cash, in office, $491.52; in
bank, $5,017.07_________
5,508 59
Real estate owned------------2,197 82
Furniture and fixtures-------500 00
Advances, ledger accounts___
920 11
Total assets__________ $436,812 99
„
Receipts lor Fiscal Year.
Balance from last report___
Installment shares, dues____
Investment certificates-----In terest------------ 1----------Premiums ---------------------Fines ______________________
F e e s ----------------------------Loans repaid -----------------Advances repaid, personal ac
counts ----------------------All other receipts-------------
Total
N o. o f shares, 3,434.
Installment shares, dues____$159,468
Installment shares, profits_ 31,153
Investment certificates, prin
cipal -------------------------- 237,900
Investment certificates, divi
dends ------------------------1,564
Advance payments_________
495
Reserve and undivided profits
6,136
Sundry ledger accounts_____
94
76
00
00
35
25
26
40
00
receipts------------ $207,904 51
00
50
60
81
85
Total liabilities--------- $436,812 99
Disbursements for Fiscal
Overdrafts and b:lls payableLoans on mortgages and
shares------------------------Hues
repaid
installment
shares------------------------Profits repaid, installment
shares------------------------Investment certificates, prin
cipal _____________________
1,759 89 Investment certificates, divi
dends ____________________
11 60
Advances, personal accountsS alaries------------------------T a x e s ______________________
Other expenses.--------------All other disbursements, real
estate, etc. -----------------Balance, cash in office and
bank_____________________
$8,566
45,986
47,900
30,165
140
494
66
72,874
00
23
Year.
$3,800 (X)
99,670 00
31,987 00
7,729 91
37,700 00
14,065
1,933
1,462
530
905
60
23
50
20
23
2,672 25
5,508 59
Total disbursements___$207,964 51
Installment Shares, W ith Age, Value, and Withdrawal Value.
No.
_____
28 __________________ _____
30____________________ ______________
32____________________ ______________
34
_________________ _____________
__
36- ____________ — _______
38— _______________ _____________
40_______________ — _____________
4 2 ______________ — ______________
44_____________________ ______________
46-----------------------------
Age In
mn s
o th
120
108
96
84
72
60
48
36
24
12
Total d es
u
per sh
are
$120 00
108 00
96 00
84 00
72 < >
K
60 00
48 00
36 00
24 00
12 00
B value
ook
per sh
are
$162 06
141 67
122 04
103 56
86 07
69 54
53 95
39 33
25 53
12 40
W
ithdrawal
value
$162 06
141 67
122 04
103 56
86 07
69 54
53 95
39 33
25 53
12 40
93
REPORT ON BUILDING AND LOAN ASSOCIATIONS,
No. 73.
SAN TA BARBARA.
SANTA BARBARA MUTUAL BUILDING AND LOAN
ASSOCIATION.
(In c orp orate d M a y 20. 1901.)
J.
M.
W
abben,
Secretary.
E.
C. R oedeb,
President.
F isc a l y e a r ended M arch 1. 1918.
No. o f series, none.
N o. of mem bers and investors, 1,089.
Assets.
Loans, on mortgages ______ $628,093 01
Arrearages, on interest______
7,321 64
Cash in bank __ ________
81,231 73
Real estate owned______ _
8,693 81
Advances, ledger accounts___
3,389 28
Total assets------------- $728,729 47
Receipts for Fiscal Year.
Balance from last report____$75,263 73
Installment shares, dues----- 151,039 41
Interest
_________ __ 43,548 15
Fees —
_
— --------58 50
Loans repaid _____________ 177,207 32
Advances repaid, personal ac
counts
_______ _____
200 97
All other receipts, real estate,
e t c . ____
__ ________
712 17
Total receipts---- 1
—
_ $448,159 25
N o. o f shares, 16,028.
Liabilities.
Installment shares, dues____$558,541 33
Installment shares, profits__ 162,007 17
Reserve and undivided profits
5.000 00
Loans due and incomplete_
3,180 97
Total liabilities_______ $728,729 47
Disbursements for Fiscal Year.
Loans on mortgages and
shares
—
—
_ — _ $192,186
Dues
repaid,
installment
shares_________ __________ 149,993
Profits repaid, installment
15,337
shares----- ------------------Advances, personal accounts.
3,659
Salaries — ------------------2,899
Taw s
834
Other expenses__— ___ __
1,974
40
All other disbursements-----Balance, cash in office and ,
ban k ___1_______________
81,231
44
87
25
95
(13
60
82
73
Total disbursements___$448,159 25
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D u es 50 cents per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
97
94
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 74.
SAN TA C LA R A .
SANTA CLARA BUILDING AND LOAN ASSOCIATION.
<In corporated M arch 19, 1889.)
F. O. B
o ll,
Secretary.
J. B . O ’B
r ie n ,
President.
F iscal y e a r ended M arch 31. 1918.
N o. o f series, 21.
N o. of m em bers and investors, 289.
Assets.
Loans, on mortgages, $180,1.50; on shares, $475; on
contract sales, $3,359.88— $180,084
Arrearages—
On shares ------- $2,045 50
On in te re s t____ 4,057 05
On fines________
225 70
. ------------7,228
( ’ash in hank_______________
7,100
Beal estateowned___________
15,000
Other assets_______________
110
Total assets__________
88
25
43
00
50
$210,430 06
Receipts for Fiscal Year.
Balance from last report----$7,142
Installment shares, dues----32,468
Interest _
_______ __ _ 17.854
_
----------142
F in e s ___
55,006
Loans repaid _______
—
Advances repa!d, personal accounts _____ —
_ _
350
All other receipts, real estate,
etc. __ _ --- — -------5.740
N o. o f shares.. 2.535.
Liabilities.
Installment shares, dues____ $145,438
Installment shares, profits___ 42,504
Paid-up and prepaid shares,
capital ----------------------15,200
Paid-up and prepaid shares,
dividends--------------------152
Advance payments ________
134
Reserve and undivided profits 12,700
Loans due and incomplete___
1,011
1,1 SO
Sundry ledger accounts_____
All other liabilities, tax re
serve -------------------------404
00
00
40
75
00
00
35
Total liabilities_______ $210,430 (M
i
Disbursements for Fiscal Year.
64 Loans on mortgages •and
00
shares___________________ $30,784 10
repaid,
installment
75 Dues
shares------------------------47,201 25
00
37 Profits repaid, installment
shares___________________
20,600 35
30 Paid-up and prepaid shares,
capital -----------------------3.000 00
11 Paid-up and prepaid shares,
dividends________________
744 05
Advances, personal accounts141 80
S alaries___________________
1,320 00
T a x e s ---------------------------2,578 04
Other expenses_____________
251 85
All other disbursements, real
estate, e tc ._______________
4,833 50
Balance, cash in office and
bank_____________________
7,106 43
Total receipts------------ $118,713 20
Total disbursements____$118,713 26
Installment Shares, With Age, Value, and Withdrawal Value.
Total d es
u
Age In
B value
ook
Serial
mn s
o th
per sh
are
per sh
am
N
o.
_______
____
120
$120 00 •$177 18
23________
________
152 95
_________
_
108
108 00
25___________________
96
96 00
130 47
2 7 ___________________ ___ ________
84 00
100 60
84
20_________________ -_____ ____
______ _ _
72
72 00
90 24
31__ __ __________
00 00
72 26
33_____________________ ______________
60
55 58
48
35_
________
_____ _______
48 00
36 00
40 10
36
37______ ____________ _____ ; _______
24
24 00
25 75
30
_ — - _____ _____________
— ______
12
12 42
12 00
4 1 _____________ —
50
00
W
ithdrawal
value
$177 18
152 05
129 00
108 00
88 00
70 €0
52 50
38 00
25 00
12 25
95
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 75.
SA-NTA C R U Z .
SANTA CRUZ COUNTY BUILDING AND LOAN ASSOCIATION.
(In c orp orate d M a y 20, 1908.)
G eo. W . W
ood,
Secretary.
G eo. W . S t o n e ,
President.
F iscal y ear ended A p ril 20, 1918.
N o. of series, none.
N o. of m em bers and investors, 60.
Assets.
Loans, on definite contract_$35,446
Cash, In office, $73.05; in
bank, $348.44 ____________
422
Real estate owned__________
916
Furniture and fixtures______
165
Liabilities.
46 Guarantee stock, capital____ $21,700 00
Guarantee stock, surplus____
1,805 77
39 Installment shares, dues____
4,486 00
77 Installment shares, profits_
1.584 97
00 Paid-up and prepaid shares,
c a p ita l-----------------------4,200 00
Paid-up and prepaid shares,
dividends________________
126 00
Investment certificates, prin
cipal -------------------------713 27
Investment certificates, divi
dends ------------------------247 99
Reserve and undivided profits
642 12
21 26
Sundry ledger accounts_____
All other liabilities, unearned
premiums--------------------1,623 24
Total assets___________ $36,950 62
Receipts for Fiscal Year.
Balance from last report----$2,165
Installment shares, dues_____
587
Investment certificates_____
26
In terest___________________
2,196
Premiums _________________
182
F in e s ---------------------------70
F e e s _______________________
15
Loans repaid_________ * ____
5,232
Overdrafts and bills payable
2,500
Advances repaid, personal ac
counts __________________
1,253
All other ‘ receipts_____________
3
Total receipts_________
N o. of shares, 382.
Total liabilities________
Disbursements for Fiscal Year.
Overdrafts and bills payable.
$2,500 00
Loans on mortgages and
shares------------------------5,648 02
Interest p aid _______________
28 40
Dividends on guarantee stock
051 00
Dues
repaid,
installment
shares___________________
67 00
Profits repaid, 'nstallment
shares___________________
16 73
Paid-up and prepaid shares,
capital __________________
2,100 00
77
88 Paid-up and prepaid shares,
dividends________________
318 00
Investment certificates, prin
cipal _____________________
353 99
Investment certificates, divi
dends ------------------------27 16
Advances, personal accounts.
1,242 24
Salaries______ _____________
515 00
T a x e s ---------------------------54 75
Other expenses_____________
282 11
All other disbursements_____
6 26
Balance, cash in office and
ban k_____________________
422 39
27
50
24
27
00
24
50
38
00
$14,233 05
Total disbursements —
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D u es 50 cents p er share p er month.
Dividend, last fiscal year, 7 per cent.
B o ok value, dues plus dividend.
W ith d ra w a l value, dues plus 6 per cent fo r a vera g e time.
$36,950 62
$14,233 05
96
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 76.
SA N TA PA U LA .
SANTA PAULA BUILDING AND LOAN ASSOCIATION.
(In c orp orate d A p ril 21, 1890.)
II. H.
Youngken,
Secretary.
F iscal
N o. o f series, 18.
D. W. M ott , President.
year ended May
18, 1918.
N o. of m em bers and Investors, 466.
Assets.
N o. o f shares, 7,253.
Liabilities.
Loans, on mortgages, $502,Installment shares, dues____$232,651 20
700; on shares, $1,400____$504,100 00 Installment shares, profits—
44,720 09
Arrearages—
Investment notes, principal- 213,700 C )
M
On shares_______ $2,597 20
1,319 75
Advance paym ents________
On in terest____ 2,135 66
Overdrafts and bills payable. 13,000 00
On fin e s ________
236 76
Reserve and undivided profits 11,300 00
-----------4.969 62 Loans due rnd incomplete—
4,976 09
Cash in bank------------------2,772 02
Furniture and fixtures______
1,866 74
Advances, ledger accounts—
1,07448
Other assets, street bonds, etc.
6,884 27
Total liabilities_______ $521,667 13
Total assets___________ $521,667 13
Disbursements for Fiscal Year.
Receipts for Fiscal Year.
Balance from last report____
$3,228 02 Overdrafts and bills payable. $10,000 00
Installment shares, dues----80j058 10 Loans on mortgages and
shares___________________ 151,394 52
Investment n otes------------63,850 00
150 84
In te re s t------------------------40,076 19 Interest p a id _______________
repaid,
installment
Premiums _________________
62 60 Dues
shares------------------------83,985 75
Fines _____________
346 14
F e e s -----------------------------199 15 Profits repaid, installment
shares------------------------21,182 48
Loans rep a id ------------------ 149,200 00
Overdrafts and bills payable. 18,000 00 Investment notes, principal— 62,525 00
Investment notes, dividends— 11,922 90
Advances repaid, personal ac
4,496 54
counts __________________
4,667 83 Advances, personal accounts.
S alaries------------------------3,684 67
All other receipts, street
____________
388 43
bonds and real estate_____
4,660 41 T a x e s _________ •
Other expenses_____________
2,258 31
AH
other
disbursements,
street bonds, etc.________
9,642 93
Balance, cash in office and
bank_____________________
2,772 02
Total disbursements — $364,354 44
Total receipts------------ $364,354 44
Installment Shares, W ith Age, Value, and Withdrawal Value.
Age In
months
Serial
No.
19—
20—
23—
24—
25—
26—
27—
28—
A ____________________________
120
A ____________________________
108
C____________________________
72
C____________________________________60
O____________________________
48
C______________
36
C____________________________
24
C____________________________
12
Total dues
per share
$60‘ 00
54 00
72 00
60 00
48 00
36 00
24 00
12 00
Book value
per share
$90
78
91
73
56
40
28
12
68
17
84
42
40
64
04
52
Withdrawal
-value
$89 15
76 97
90 85
72 08
54 74
39 34
25 50
12 38
97
REPORT ON BUHiWNG AND LOAN ASSOCIATIONS.
No. 77.
S A N T A RO SA.
SANTA B0SA BUILDING AND LOAN ASSOCIATION.
(In c orp orate d October 3, 1888.)
C.
D . B a r n e t t , Secretary.
D . P . A n d e r s o n , Vice-Presiden t.
F iscal y e a r ended October 31. 1917.
N o. o f series. 11.
N o. of m em bers and investors, 280.
N o. o f shares, 2,179.
Assets.
Liabilities.
Loans, on definite contract,
Installment shares, dues____ $84,Of® 60
$118,756.61; on shares, $3,Installment shares, profits— 20,996 45
285 _____________________ $122,041 61 Investment certificates, prin
Arrearages—
cipal _____________________
25,886 18
$56 90
On shares-------Advance payments___________
24 53
On in te re s t----570 40
Reserve and undivided profits
4,398 84
------------------------ 62730
Loans due and incomplete—
507 90
Cash in bank-----------------12,117 02
Advances, ledger accounts___
71 57
Other assets, bonds----------1,020 00
Total a ssets__________ $135,877 50
Receipts lor Fiscal Year.
Balance from last report____ $6,761
Installment shares, dues----18,110
Investment certificates------- 18,067
Interest ------------------------9,273
F e e s -------------------- ,-------35
Loans repaid------------------49,098
Advances repaid, personal ac
counts —
143
Total lia b ilitie s _______ $135,877 50
Disbursements for Fiscal Year.
Loans on mortgages and
shares------------------------- $39,419 90
5 00
Interest p a id ------------------Dues
repaid,
installment
shares------------------------16,843 80
Profits repaid, installment
shares____________________
5,4*7 68
87 Investment certificates, prin
cipal ____________
23,835 78
Investment certificates, divi
dends ___________________
1,417 35
Advances, personal accounts.
136 47
S a la ries------------------------1,000 00
T a x e s ---------------------------124 37
Other expenses---------------153 78
A ll
other
disbursements,
bon ds----- -------------------1,020 00
Balance, cash in office and
b an k_____________________
12,117 02
54
40
91
76
00
67
Total receipts ---------- $101,491 15
Total disbursements — $101,491 15
Installment Shares, With Age, Value, and Withdrawal Value.
Age in
months
Serial
No.
20___________________________________
2iZ _________________________________
Z
22___________________________________
23________________________________
_
24___________________________________
25
———
———
_
26________________________ __________ _
27____ _________________________________
28___
29________________________ ___________
7— 40296
120
108
96
84
72
60
48
36
24
12
Total dues
per share
Book value
per share
$120
108
96
84
72
60
48
36
24
12
$166
145
124
106
87
70
54
39
25
12
00
00
00
00
00
00
00
00
00
00
31
11
96
83
74
72
74
74
65
42
Withdrawal
value
$160
139
120
101
84
68
53
38
25
12
50
59
00
64
42
25
04
70
14
30
98
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 78.
S A U S A L IT O .
SAUSALITO MUTUAL LOAN ASSOCIATION.
(In corp orated D ecem ber 1, 1887.)
J . «T.
Ross, Secretary.
C.
O.
Sharpe,
President.
Fiscal y ear ended October 31, 1917.
N o. o f series.
8.
No.
of m em bers and investors,
106.
N o. of shares, 961.
Assets.
Liabilities.
Loans, on mortgages, $29,Installment shares, dues____ $28,610 00
575; on definite contract,
Installment shares, profits___
4,052 51
•I2.56S.32;
on
contract
Advance payments________
10 00
sales, $ 3 ,5 fK 9 2 _________ $35,<552 24 Overdrafts and bills payable.
2,000 00
Arrearages—
Reserve and undivided profits
3,957 30
On shares-------- $278 00
A ll other liabilities, con
Oh in te re s t----185 38
tingent p ro fits ------------683 97
------------------------ 46338
Cash, in bank-----------------54 95
Heal estate ow led__________
3,143 21
Total assets__________
$39,313 78
Receipts for Fiscal Year.
Balance from last report—
$5,275 99
Installment shares, dues____
12,574 00
In te re s t___________________
2,826 83
Pines ______________________
56 17
P e e s ----------------------------15 80
Ijoans repaid_____________
Overdrafts and bills payable.
Advances repaid, personal ac
counts ___________________
A ll other receipts, real estate,
e t c ._____________________
Total receipts------------
Total lia b ilitie s _______
14,280 73
$39,313 78
Disbursements for Fiscal Year.
Overdrafts and bills payable. $3,021 45
Loans on mortgages and
shares___________________
8,275 00
Interest paid -----------------488 64
Dues
repaid,
installment
shares------------------------
5,021 45 Profits repaid, installment
shares------------------------24 73 Advances, personal accounts.
S a la ries------------------------881 59 Other expenses_____________
A ll other disbursements, sus
pense ------------------------Balance, cash in offiee and
ban k_____________________
$40,957 29
23,036 00
4,462 77
810 88
540 00
167 60
100 00
54 95
Total disbursements___$40,957 29
Installm
ent Shares, With Age, Value, and Withdrawal Value.
Serial
No.
25
26
27
28
29
30
31
32
Age to
months
________________________________
________________________________
-------------------------------------------------------------------------------------------------------------------------________________________________
-----------------------------------------------------------------------------------
72
60
48
36
24
18
12
6
Total dues
per share
$72 00
60 00
48 00
36 00
24 00
18 00
12 00
6 00
Book value
per share
Withdrawal
value
$91 60
73 42 Dues plus
56 38 profits as
40 55 p e r bv26 00 laws.
19 16
12 52
6 14
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 79.
99
STO CKTO N .
SAN JOAQUIN VALLEY BUILDING AND LOAN ASSOCIATION.
( Incorporated June 17. 1889.)
A. M.
N o b l e , Secretary.
S. X . C b o s s , President.
F isc al y e a r ended Defeember 31, 1917.
No. o f series, none.
N o. of m em bers and investors, 1,953.
Assets.
No. of shares, 17,748.
Liabilities.
Loans, on mortgages— ____ $814,126 07 Installment shares, dues____ $370,458
5,284 10 Installment shares, profits_ 99,802
Arrearages, on Interest_____
Cash in bank_________ _____
44,118 46 Paid-up and prepaid shares,
19,352 31
capital _______________ __ 310,654
Real estate ow n ed____ ____
2,694 56 Paid-up and prepaid shares,
Advances, ledger accounts___
dividends___ ___
Other assets______________
10 00
62,401
Reserve and undivided profits 38,000
Loans due and incomplete___
4,218
Total assets
_
------
$885,535 50
Receipts for Fiscal Year.
90
60
51
05
00
44
Total lia b ilitie s _______ $885,535 50
Disbursements for Fiscal Year.
Balance from last report----- $69,408 04 Overdrafts and bills payable- $15,000 00
Installment shares, dues------ 146,438 01 Loans on mortgages and
shares _ _ ----- -------- _ 304,062 41
Paid-up ana prepaid shares,
182 15
81,071 20 Interest p a id ________ _____
d u e s _____ — — ----repaid,
installment
62,701 39 Dues
Interest — ------------------shares------------- — —
143,915 23
Loans repaid
— --------- 244,407 85
Overdrafts and bills payable- 15,000 00 Profits repaid, installment
23,138 52
shares________________ —
Advances repaid, personal ac1,429 43 Paid-up and prepaid shares,
counts ----------------------3,864 25
capital ------ --------------45,718 76
A ll other receipts, real estate
Paid-up and prepaid shares,
7,591 15
dividends__________ ___
Advances, personal accounts- 16,896 13
6,670 00
S a la ries_____ — -----------1,147 88
Taxes _________ ____________
2,055 35
Other expenses------ -- —
13,824 13
A ll other disbursements----Balance, cash in office and
b an k ----- --------------------44,118 46
Total receipts--------
- $624,320 17
Total disbursements — $624,320 17
Installment Shares, W ith Age, Value, and Withdrawal Value.
D ayton plan.
Dues, $1.00 per share p er month.
D ividend, last fiscal year, 7.20 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
100
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 80.
STO CKTO N .
SECURITY BUILDING AND LOAN ASSOCIATION.
(In corp orated October 25, 1912.)
F . L . W i l l i a m s , Secretary,
E . S. V a n
P e l t , President.
F iscal y e a r ended Decem ber 31, 1917.
N o. o f series, none.
N o. o f m em bers and investors, 512.
Assets.
Loans, on definite contract,
$260,072.56; on shares,
$50; on contract sales,
$5,479.98 ________________ $271,602 54
Cash, in office, $213.70; in
bank, $20,217.01________
20,430 71
Real estate owned-----------2,073 74
Furniture and fixtures______
665 45
Advances, ledger accounts—
1,072 74
Other assets--------------------10 00
Total a ssets__________ $295,855 18
Receipts for Fiscal Year.
Balance from last report----- $12,650
Investment certificates------ 145,825
In te re s t------------------------18,913
F e e s _______________________
487
Loans repaid------------------- 101,330
Overdrafts and bills payable.
4,000
Advances repaid, personal ac
counts —
2,005
A ll other receipts, real estate,
2,544
Total receipts —
N o. of shares, 250.
Liabilities.
Guarantee stock, capital____ $25,000 00
Guarantee stock, surplus____
3,642 65
Investment certificates, prin244,863 07
Loans due and incomplete..
22,337 52
Sundry ledger accounts______
11 04
Total lia b ilities________ $295,855 18
Disbursements for Fiscal Year.
Overdrafts and bills payable. $4,000 00
Loans on mortgages and
shares ------------------------- 176,945 95
interest p a id ______________
58 00
Dividends on guarantee stock
1,500 00
Investment certificates, prin
cipal —
61,725 85
00 Investment certificates, dividends ------------------------12,005 00
49 Advances, personal accounts.
2,457 73
S a la ries------------------------2,125 00
180 20
T a x e s ______________________
Other expenses---------------1,927 51
A ll other disbursements, real
4,400 26
estate, etc. -----------------Balance, cash in office and
20,430 71
b an k --------------------------
75
20
02
00
15
00
____ $287,756 21
Total disbursements — $287,756 21
Installment Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D u e s 50 cents per share per month.
Dividend, last fiscal year, 6 p er cent.
B o o k value, dues p lus dividend.
W ith d ra w a l value, fu ll book value.
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 81.
101
STO CKTO N .
STOCKTON LAND, LOAN AND BUILDING ASSOCIATION.
(In corp orated J an u ary 3. 188?.)
Chas.
E.
L it t l e h a l e ,
Secretary.
O. M.
Jackson,
President.
F isc al y e a r ended D ecem ber 81. 1817.
N o. of series, none.
N o. o f m em bers and investors, 1,037.
Assets.
Liabilities.
Loans, on mortgages, $908,206.77; on shares, $14,800;
on contract sate, $3,276.98 $926,283
Arrearages, on interest_____
3,236
Cash, in office, $4,008.00 ; in
bank, $21,529.81 ________
25,537
Eeai estate owned___________
2,752
Furniture and fixtures______
800
4,171
Advances, ledger accounts___
Other assets, Liberty Bonds5,000
75
80
90
66
00
81
00
Total assets------------- $967,782 94
Receipts for Fiscal Year.
Balance from lastreport— $60,016
Installment shares, dues___
96,558
Paid-up and prepaid shares,
dues -------------------------4,400
In te re s t____________________ 62,138
F e e s _______________________ .
138
Loans repaid_______________ 173,341
Advances repaid, personal ac
counts --------- J
------------2,007
A ll other receipts, real estate,
e t c .______________________
3,705
Total receipts-----
N o. o f shares, 13,216.
Installment shares, dues____ $506,343 78
Installment shares, profits___ 198,468 34
Paid-up and prepaid shares,
c a p ita l__________________ 196,800 00
Paid-up and prepaid shares,
9,126 52
dividends________________
Reserve and undivided profits 45,618 31
Loans due and incomplete— 10,325 99
Sundry ledger accounts-----1,100 00
Total lia b ilitie s _______ $967,782 94
Disbursements for Fiscal Year.
45 Loans on mortgages and
71
shares ------------------------ $238,787
Interest reb ate_____________
81
00 Dues
repaid,
installment
37
shares____________________ 61,099
20 Profits repaid, installment
72
shares------------------------28,283
Paid-up and prepaid shares,
27
c a p ita l----------------------20,600
Paid-up apd prepaid shares,
20
9,567
dividends________________
Advances, personal accounts2,100
Salaries __________________
3,770
T a x e s ---------------------------1,061
Other expenses---------------2,650
AH' other
disbursements,
bonds, real estate, etc.----8,757
Balance, cash in office and
b an k -----------25,537
___$402,305 92
08
12
00
25
78
00
02
54
86
90
Total disbursements — $402,305 92
Installment Shares, W ith Age, Value, and Withdrawal Value.
D ay ton plan.
Dues, f 1.00 per sh are p er month.
Dividend, last fiscal year, 6| p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
42
%
102
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 82.
TU LA RE.
TULARE BUILDING AND LOAN ASSOCIATION.
(In c o rp o rate d January.
1889.)
J. L. W i i .dek. Secretary.
A. W. W heelbr, President.
F isc al y e a r ended D ecem ber 31. 1917.
N o. o f series, 21.
N o. o f m em bers and Investors,
84.
N o. o f shares,
703.
Assets.
Liabilities.
Loans, on mortgages_______ $48,030 00 Installment shares, dues____$40,318 00
Arrearages—
Installment shares, profits___
10,134 40
On shares-------$25 00
Advance paym ents----------1,050 30
On in terest____
19 00
44 00 Overdrafts and bills payable
1,250 00
Cash in bank_______________
4,810 69 Reserve and undivided profits
773 68
Real estate ow n ed ________
150 00 Sundry ledger accounts-----108 31
Furniture and fixtures_____
200 00
Total a ssets-------------
$53,643 09
Receipts for Fiscal Year.
Balance from last report___ $9,158
8,156
Installment shares, dues____
In te re s t------------------------3,738
F e e s _______________________
32
Loans re p a id -----------------5,175
Overdrafts and bills payable3,000
Advances repaid, personal ac
counts ___________________
50
Total receipts------------
Total lia b ilitie s _______
$53,643 69
Disbursements for Fiscal Year.
Overdrafts and bills payable- 1,750 00
Loans on mortgages and
shares------------------------17,185 00
Interest paid -----------------82 59
Dues
repaid,
installment
shares______________
3,975 00
Profits repaid, installment
25
shares------------------------993 42
Advances, personal accounts70 25
S a la ries------------------------737 50
T a x e s ______________________
126 72
Other expenses---------------70 45
Balance, cash in office and
b an k_____________________
4,319 (S)
00
00
57
80
00
00
$29,310 62
Total disbursements —
$20,310 62
Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.
Age In
months
19—
120
108
96
84
72
60
48
36
24
12
21 —
23—
24—
26—
28—
30—
32—
33—
35—
Total dues
per share
Book value
per share
$120
108
96
84
72
60
48
36
24
12
$164
143
123
104
86
70
54
39
25
12
00
00
00
00
00
00
00
00
00
00
31
16
36
52
98
28
59
71
65
42
Withdrawal
value
$153
134
116
99
83
65
51
37
24
12
23
37
52
39
23
14
30
85
82
21
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 83.
103
U P LA N D .
MAGNOLIA MUTUAL BUILDING AND LOAN ASSOCIATION.
( Incorporated Septem ber 24, 1901.)
M. F.
P a i.mek, Secretary.
C h a s . JRu e o y ,
President.
Fiscal y ear ended Septem ber 30. 1917.
N o. o f series, none.
N o. o f m em bers and investors, 470.
Assets.
l.oans, on mortgages, $224,52T; on shares, $3,500____ $228,027 00
3,140 86
Arrearages, on interest_____
Cash, in office, $93.46; in
bank. $10,284.92 ________
10,378 38
Furniture and fixtures_____
240 00
Advances, ledger accounts—
581 43
Total assets
$242,367 67
N o. of shares, 4,121.
Liabilities.
Installment shares, dues____ $73,978 83
Installment shares, profits—
22,369 80
Paid-up and prepaid shares,
c a p ita l__________________ 134,800 00
Paid-up and prepaid shares,
dividends________________
7,549 32
Advance payments ________
151 10
Reserve and undivided profits
3,518 60
Total lia b ilitie s _______ $242,367 07
Receipts for Fiscal Year.
Balance from last report----$7,395
Installment shares, dues___
18,863
Paid-up and prepaid shares,
dues _____________________ 38,100
In te re s t------------------------17,296
Fines ______________________
391
F e e s _______________________
127
74,450
Loans repaid ---------------Overdrafts and billspayable.
6,000
Advances repaid, personal ac
counts __________________
842
All other receipts-------------
Total receipts
Disbursements for Fiscal Year.
19 Overdrafts and bills payable $8,500 00
86 Loans on mortgages and
55,477 00
shares------------------------00 Interest p a id ------------------65 84
49 Dues
repaid,
installment
01
shares___________________
32,s 86 84
0
25 Profits, repaid, installment
00
shares___________________
8,620 80
00 Paid-up and prepaid shares,
c a p ita l__________________
37,800 00
12 Paid-up and prepaid shares.
5 00
dividends--------------------7.671 26
Advances, personal accounts.
464 95
S a la ries___________________
1,345 00
T a x e s ______________________
235 70
Other expenses --------------505 29
All other disbursements, fix
tures, e t c .------------------319 86
Balance, cash in office and
b an k_____________________
10,378 38
$163,470 92
Total disbursements — $163,470 92
Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
D ividend, last fiscal year, 8 p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, dues plus dividends a s per by-law s.
104
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 84.
V A LLEJO .
VALLEJO BUILDING AND LOAN ASSOCIATION.
(In corp orated October 26, 1911.)
,T. R.
W
il s o n ,
J. B.
Secretary.
M c C a u l e y , P re s id e n t
F isc al y ear ended D ecem ber 31, 1917.
N o. o f series, none.
N o. o f m em bers and investors, 27.
N o. o f shares, 65.
Total a ssets__________
$10,522 86
Total lia b ilitie s _______
$4,159 00
261 00
S83S8 IS I 8 88388
Assets.
Liabilities.
Loans, on definite contract_ $10,346 82 Guarantee stock, capital____
Cash in bank_______________
126 04 Investment certificates, prinOther assets_______________
50 00
c ip a l_____________________
Investment certificates, dividends ___________________
Advance paym ents________
Overdrafts and bills payable
Reserve and undivided profits
Sundry ledger accounts------
32
16
5,750
308
00
70
00
07
1 00
$10,522 86
Receipts for Fiscal Year.
Disbursements for Fiscal Year.
Balance from last report—
$450 00
$294 99 Overdrafts and bills payable
Guarantee stock___________
53 00 Loans on mortgages and
shares------------------------3,156 80
Investment certificates
—
165 00
-------Interest ___________________
700 68 Interest p a id -----278 60
127 00
75 Advances, personal accountsF in e s _____________________
5 60 Taxes — ------------ --------27 53
F e e s _______________________
24 50
Loans repaid_______________
1,387 45 Other expenses ____________
Overdrafts and bills payable1,450 00 Balance cash in office and
bank __________ ________
126 04
Advances repaid, personal accounts___________________
128 00
Total receipts- ____ —
$4,185 47
Total disbursements___
Installment Shares, With Age, Value, and Withdrawal Value.
D ay ton plan.
D u es 50 cents p er sh are per month.
Dividend, last fiscal year, 6 p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
$4,185 47
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 85.
105
V IS A L IA .
VISALIA BUILDING AND LOAN ASSOCIATION.
(In corp orated J an u a ry 5. 1887.)
C. L. Johnson , Secretary.
0. J. G iddings, President.
F isc al y ear ended J an uary 31, 1918.
N o. o f m em bers and investors, 305.
00
08
89
00
95
Liabilities.
Installment shares, dues____ $135,194 05
Installment shares, profits—
62,630 05
Paid-up and prepaid shares,
capital ----------------------93,000 00
Paid-up and prepaid shares,
dividends________________
2,790
Overdrafts and bills payable. 15,100
Reserve and undivided profits 11,361
Loans due and incomplete—
50
A ll other liabilities, interest
on bills payable_________
453
Total assets---------------$820,578 92
Disbursements for Fiscal Year.
07 Loans on mortgages and
shares____________________ $58,972
71
Interest p a id _______________
972
repaid,
installment
00 Dues
shares------------------------51,931
11
00 Profits repaid, installment
shares___________________
23,425
00
P a id -u p and p repaid shares,
c a p ita l__________________
40
00 Paid-up and prepaid shares,
dividends________________
Advances, personal accounts.
S a la ries____________________
T a x e s ______________________
Other expenses_____________
A ll other disbursements-----Balance, cash in office and
b an k _____________________
Total receipts_________ $167,268 29
18,400
6,606
301
1,800
417 81
139 48
101 51
4,199 89
Total disbursements___$167,268 29
Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 cents p er sh are p er month.
Dividend, last fiscal year, 8.7 per cent.
Book value, dues plus dividend.
W ith d ra w a l value, full book value.
8ss
Receipts for Fiscal Year.
Balance from last report___$21,415
Installment shares, dues____ 35,872
Paid-up and prepaid shares,
dues -------------------------1,700
In te re s t------------------------25,856
F e e s _______________________
173
Loans re p a id ______________
80,250
Advances repaid, personal ac
counts ____________________
291
A ll other receipts, real estate
1,710
Total lia b ilitie s _______ $320,578
n
\
Assets.
Loans, on mortgages________ $815,075
Arrearages, on interest_____
1,109
Cash in bank------------------'4,199
Furniture and fixtures_____
60
Advances, ledger accounts___
44
N o. o f shares, 6,684.
I 8 ssss
No. o f series, none.
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
106
No. 86.
W O O D LA N D ,
NOETH1EN CALIFORNIA BUILDING AND LOAN
ASSOCIATION.
(In c orp orate d October 2, 1911.)
Jam es
L.
H
ake,
Secretary.
H
arry
L.
H
uston,
President.
F iscal y ear ended Decem ber 31, 1917.
N o. of series, none.
N o. o f m em bers and investors, 27.
N o. o f shares, 250.
Liabilities.
Assets.
Guarantee stock, capital____ $10,038 30
Loans, on definite contract,
$30,030.53; on shares, $100 $30,810 53 Guarantee stock, surplus____
0,033 26
Cash in bank______________
5,045 96 Investment certificates, prin14,900 50
Furniture and fixtures_____
450 00
Investment certificates, divi
635 05
dends ___________________
Overdrafts and bills payable.
2,500 00
1,509 38
Loans due and incomplete___
90 00
A il other liabilities________
Total assets__________
$36,300 49
Receipts for Fiscal Year.
Balance from last report____
$3,938
Investment certificates_____
3,021
Interest ------------------------3,308
Fees, lo a n _________________
380
Loans repaid ______________
13,857
Overdrafts and bills payable.
2,500
A ll other receipts, insurance
com. ____________________
lit
Total lia b ilities----------- $36,306 49
Disbursements for Fiscal Year.
88 Loans on mortgages and
shares ------------------------- $17,790 62
00
00 Investment certificates, prin3,125 00
c ip a l_____________________
10
33 Investment certificates, divideads ___________________
612 02
00
S a la ries___________________
420 00
74 79
78 T a x e s ______________________
Other expenses
------------648 70
Balance, cash in office and
b an k____________________
5,045 96
—
Total receipts ----------
$27,TIT 00 j
Total disbursements —
Installm
ent Shares, With Age, Value, and Withdrawal Value.
D ayton plan.
D ues, 50 cents per sh are p er month.
Dividend, last fiscal year, 6 p er cent.
Book value, dues plus dividend.
W ith d ra w a l value, fu ll book value.
$27,717 09
107
REPORT ON BUILDING AND LOAN ASSOCIATIONS.
FOREIGN ASSOCIATION.
S A L T L A K E C IT Y , U T A H .
WESTERN LOAN AND BUILDING COMPANY.
(In corp orated
D k. J o h n
T.
W
h it e ,
A pril,
1892.)
Secretary.
P. W.
M
adsen,
President.
Statement of Conditions, July 13, 1918.
N o. o f series, 1X7.
N o. of shares, 150,783.
Assets.
Liabilities.
Heal estate loans (n et) —
California __ .fit 3,959 05
Id a h o ______ 003,085 50
M on tan a___ 408,702 70
Miscellaneous
4,084 18
N evada_____
35,800 08
O regon_____ 354,958 10
Washington _ 145,505 44
Wyoming —
75,556 83
l T h _______ 488,500 10
ta
T o ta l_________________ $2,782,072
Stock loans ______________
74.833
Real estate contract sales
(n et) __________________
125,518
Cash in office______________
13,442
F. & S. bank balance______
6,095
Office building, real estate.45,000
Reserve fund real estate, 77
pieces__________________
7,700
Advances, insurance and
taxes___________________
14,176
17
30
42
87
03
00
00
Reserve fund capital______ $200,000 00
General fund capital_______
100,000 00
Installment stock—
“ C” _______
$4,524 23
"C C " _____
399,480 90
■*K "_______
205,052 15
••F*’ ______ 1,317,835 78
• I r ______
268,183 08
----- ------------ 2,195,076 14
"D ” Full paid stock--------36,400 00
"B ” and “ 1” stock, prepaid
109,808 S3
Savings sto ck ---------------271,038 76
Extra payment stock______
80,137 47
Coupons “ D” stock--------580 00
22,610 17
Sundry ledger accounts____
Overdraft, Utah State Na
tional B a n k ____________
5.022 05
Agents commissions--------124 50
Wyoming forfeiture account
1,119 37
Reserve fund real estate sold
56,770 00
Undivided p ro fits_________
3,388 99
37
Advances in foreclosure___
12,713 08
Advances to agents________
524 43
$3,082,076 2
K
$3,082,076 28
California Business.
Stock in force—
“ CC**
186
"E "
1,208
"1 ”
5.010
“H"
137
shares.
shares.
shares.
shares.
Dues
Dues
Dues
Dues
paid
paid
paid
paid
in---------------------------------------in---------------------------------------in---------------------------------------in----------------------------------------
$9,334
14,550
72,933
3,434
7'
48
66
42
7,207 shares. Dues paid in________________________________ $100,253 32
Mortgage loans, face value--------------------------------------- $249,175 00
35,215 95
I .ess repayments___________________________________
Net valu e__________________________________________
Isjans on shares---------------------------------------------------Real estate— 9 pieces at $100 each-----------------------------
$213,959 05
1,012 78
900 00
Total California assets--------------------------------------- $215,871 83
Number of shareholders in California------------------------Number of borrowers in California_____________________
Number of loans on deposit in California------------------Face value of same_____________________________________
I.ess repayments___________________________________
Net va lu e----------------------------------------------------40296
8-18
700
500
75
58
$84,875 00
30,800 53
$54,074 47
