Statement of Condition
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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 | |