Statement of Condition
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Statement of Condition
At the close of business - March 31,2019
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $4,539,000 | |
| Interest-bearing balances | $15,139,000 | |
| Held-to-maturity securities | $20,002,000 | |
| Available-for-sale securities | $58,813,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $98,493,000 | |
| Loans | $92,276,000 | ||
| Less: Allowance for loan losses | $1,645,000 | ||
| Loans: Net of allowance | $90,631,000 | ||
| Accrued income | $706,000 | ||
| Bank building, furniture & parking lot | $10,217,000 | ||
| Other assets | $8,471,000 | ||
| Other real estate | $849,000 | ||
| Total Assets | $209,367,000 |
| LIABILITIES | |||
| Deposits | $184,817,000 | ||
| Noninterest-bearing | $52,863,000 | ||
| Interest-bearing | $131,954,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilities | $224,000 | ||
| Total Liabilities | $185,041,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $24,067,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | ($541,000) | ||
| Total Equity Capital | $24,326,000 | ||
| Total Liabilities & Equity Capital | |
$209,367,000 | |