fbpx

Statement of Condition

Click to download a PDF version of the Statement of Condition

Statement of Condition

At the close of business - December 31, 2019
 ASSETS  
 Cash and non-interest bearing balances due from banks       $3,585,000
 Interest-bearing balances  $7,912,000
 Held-to-maturity securities  $12,507,000
 Available-for-sale securities  $67,231,000
 Federal funds sold  $0
 Total Cash Resources $91,235,000

 

Loans $96,013,000
     Less: Allowance for loan losses                         $1,649,000
     Loans: Net of allowance $94,364,000
Accrued income $648,000
Bank building, furniture & parking lot $9,996,000
Other assets $8,731,000
Other real estate $858,000
Total Assets $205,832,000

 

LIABILITIES
Deposits                                                             $178,869,000
     Noninterest-bearing  $53,541,000
     Interest-bearing $125,328,000
Federal Funds Purchased $0
Other liabilities $190,000
 Total Liabilities   $179,059,000

 

EQUITY CAPITAL
Common stock                                                                  $400,000
Surplus  $400,000
Undivided profit  $24,645,000
     Net unrealized gains (losses) on available-for-sale securities $1,328,000
   Total Equity Capital   $26,773,000
   Total Liabilities & Equity Capital  
$205,832,000