Statement of Condition
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Statement of Condition
At the close of business - September 30, 2018
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $4,555,000 | |
| Interest-bearing balances | $19,897,000 | |
| Held-to-maturity securities | $25,000,000 | |
| Available-for-sale securities | $47,662,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $97,114,000 | |
| Loans | $97,262,000 | ||
| Less: Allowance for loan losses | $1,653,000 | ||
| Loans: Net of allowance | $95,609,000 | ||
| Accrued income | $629,000 | ||
| Bank building, furniture & parking lot | $10,300,000 | ||
| Other assets | $8,291,000 | ||
| Other real estate | $592.000 | ||
| Total Assets | $212,535,000 |
| LIABILITIES | |||
| Deposits | $189,343,000 | ||
| Noninterest-bearing | $52,297,000 | ||
| Interest-bearing | $137,046,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilities | $157,000 | ||
| Total Liabilities | $189,500,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $23,850,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | ($1,615,000) | ||
| Total Equity Capital | $23,035,000 | ||
| Total Liabilities & Equity Capital | |
$212,535,000 | |