|
|
| ASSETS |
|
| Cash and non-interest bearing |
|
| balances due from banks |
$5,658,000 |
| Held-to-maturity securities |
$16,278,000 |
| Available-for-sale securities |
$14,257,000 |
| Federal funds sold |
$17,525,000 |
| Total Cash Resources |
$53,718,000 |
|
|
| |
|
| Loans |
$123,254,000 |
| Less: Allowance for
loan losses |
$1,800,000 |
| Loans: Net of allowance |
$121,454,000 |
| Accrued income |
$1,033,000 |
| Bank building, furniture & parking lot |
$2,540,000 |
| Other assets |
$1,995,000 |
| Other real estate |
$449,000 |
| Total Assets |
$181,189,000 |
|
| LIABILITIES |
|
| Deposits |
$157,838,000 |
| Noninterest-bearing |
$29,160,000 |
| Interest-bearing |
$128,678,000 |
| Federal Funds Purchased |
$0 |
| Other liabilities |
$964,000 |
| Total Liabilities |
$158,802,000 |
|
| EQUITY CAPITAL |
|
| Common stock |
$400,000 |
| Surplus |
$400,000 |
| Undivided profit |
$21,337,000 |
Net unrealized gains (losses)
on
available-for-sale securities |
$250,000 |
| Total Equity Capital |
$22,387,000 |
|
| Total Liabilities and Equity Capital |
$181,189,000 |
|
At the close of business March 31, 2008
Member of the Federal Deposit Insurance Corporation
|
|
|
statement of condition