Statement of Condition
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Statement of Condition
At the close of business - December 31, 2018
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $4,160,000 | |
| Interest-bearing balances | $27,107,000 | |
| Held-to-maturity securities | $25,001,000 | |
| Available-for-sale securities | $45,987,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $102,255,000 | |
| Loans | $94,261,000 | ||
| Less: Allowance for loan losses | $1,667,000 | ||
| Loans: Net of allowance | $92,594,000 | ||
| Accrued income | $583,000 | ||
| Bank building, furniture & parking lot | $10,236,000 | ||
| Other assets | $8,391,000 | ||
| Other real estate | $562,000 | ||
| Total Assets | $214,621,000 |
| LIABILITIES | |||
| Deposits | $190,728,000 | ||
| Noninterest-bearing | $53,930,000 | ||
| Interest-bearing | $136,798,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilities | $201,000 | ||
| Total Liabilities | $190,929,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $23,993,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | ($1,101,000) | ||
| Total Equity Capital | $23,692,000 | ||
| Total Liabilities & Equity Capital | |
$214,621,000 | |