Statement of Condition
Click to download a PDF version of the Statement of Condition
Statement of Condition
At the close of business - March 31, 2018
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $5,032,000 | |
| Interest-bearing balances | $24,247,000 | |
| Held-to-maturity securities | $30,010,000 | |
| Available-for-sale securities | $35,000,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $95,795,000 | |
| Loans | $95,169,000 | ||
| Less: Allowance for loan losses | $1,645,000 | ||
| Loans: Net of allowance | $93,524,000 | ||
| Accrued income | $520,000 | ||
| Bank building, furniture & parking lot | $10,403,000 | ||
| Other assets | $8,293,000 | ||
| Other real estate | $669,000 | ||
| Total Assets | $209,204,000 |
| LIABILITIES | |||
| Deposits | $186,032,000 | ||
| Noninterest-bearing | $48,823,000 | ||
| Interest-bearing | $137,209,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilites | $209,000 | ||
| Total Liabilities | $186,241,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $23,453,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | ($1,290,000) | ||
| Total Equity Capital | $22,963,000 | ||
| Total Liabilities & Equity Capital | |
$209,204,000 | |