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Statement of Condition

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Statement of Condition

At the close of business - September 30, 2019
 ASSETS  
 Cash and non-interest bearing balances due from banks       $4,637,000
 Interest-bearing balances  $9,655,000
 Held-to-maturity securities  $12,505,000
 Available-for-sale securities  $68,443,000
 Federal funds sold  $0
 Total Cash Resources $95,240,000

 

Loans $96,403,000
     Less: Allowance for loan losses                         $1,634,000
     Loans: Net of allowance $94,769,000
Accrued income $741,000
Bank building, furniture & parking lot $10,079,000
Other assets $8,498,000
Other real estate $813,000
Total Assets $210,140,000

 

LIABILITIES
Deposits                                                             $183,377,000
     Noninterest-bearing  $53,164,000
     Interest-bearing $130,213,000
Federal Funds Purchased $0
Other liabilities $176,000
 Total Liabilities   $183,553,000

 

EQUITY CAPITAL
Common stock                                                                  $400,000
Surplus  $400,000
Undivided profit  $24,551,000
     Net unrealized gains (losses) on available-for-sale securities $1,236,000
   Total Equity Capital   $26,587,000
   Total Liabilities & Equity Capital  
$210,140,000