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Statement of Condition
 

ASSETS
Cash and non-interest bearing
balances due from banks $3,664,000
Interest-bearing balancing $64,915,000
Held-to-maturity securities $15,250,000
Available-for-sale securities $0
Federal funds sold $0
Total Cash Resources $83,829,000
   
Loans $92,844,000
      Less: Allowance for loan losses $1,947,000
      Loans: Net of allowance $90,897,000
Accrued income $397,000
Bank building, furniture & parking lot $2,078,000
Other assets $7,781,000
Other real estate $3,314,000
Total Assets $188,296,000

LIABILITIES
Deposits $164,876,000
      Noninterest-bearing $32,423,000
      Interest-bearing $132,453,000
Federal Funds Purchased $0
Other liabilities $433,000
Total Liabilities $165,309,000

EQUITY CAPITAL
Common stock $400,000
Surplus $400,000
Undivided profit $22,187,000
     Net unrealized gains (losses) on
     available-for-sale securities
$0
Total Equity Capital $22,987,000

Total Liabilities and Equity Capital $188,296,000

 
At the close of business December 31st, 2013

Member of the Federal Deposit Insurance Corporation

 

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