|
|
| ASSETS |
|
| Cash and non-interest bearing |
|
| balances due from banks |
$3,066,000 |
| Interest-bearing balancing |
$44,447,000 |
| Held-to-maturity securities |
$2,218,000 |
| Available-for-sale securities |
$7,393,000 |
| Federal funds sold |
$0 |
| Total Cash Resources |
$57,124,000 |
|
|
| |
|
| Loans |
$118,296,000 |
| Less: Allowance for
loan losses |
$2,000,000 |
| Loans: Net of allowance |
$116,296,000 |
| Accrued income |
$524,000 |
| Bank building, furniture & parking lot |
$2,295,000 |
| Other assets |
$2,306,000 |
| Other real estate |
$1,285,000 |
| Total Assets |
$179,830,000 |
|
| LIABILITIES |
|
| Deposits |
$157,260,000 |
| Noninterest-bearing |
$28,268,000 |
| Interest-bearing |
$128,992,000 |
| Federal Funds Purchased |
$0 |
| Other liabilities |
$819,000 |
| Total Liabilities |
$158,079,000 |
|
| EQUITY CAPITAL |
|
| Common stock |
$400,000 |
| Surplus |
$400,000 |
| Undivided profit |
$20,717,000 |
Net unrealized gains (losses)
on
available-for-sale securities |
$234,000 |
| Total Equity Capital |
$21,751,000 |
|
| Total Liabilities and Equity Capital |
$179,830,000 |
|
At the close of business December 31, 2009
Member of the Federal Deposit Insurance Corporation
|
|
|
statement of condition