|
Statement of Condition
- at close of business, Dec. 31, 2009 |
 |
| |
2009 |
CASH ON HAND AND DUE FROM DEPOSITORY INSTITUTIONS
Money on hand in our bank and to our credit in other banks for normal handling of
business |
$3,020,000 |
INTEREST-BEARING DEPOSITORY BALANCES
Interest-bearing deposits due from other depository institutions
|
$0.00 |
TREASURY, GOVERNMENT AGENCY AND OTHER SECURITIES
Safe and marketable investments in bonds and other securities of the U.S. Government
and state and local municipalities to serve the national interest
|
$33,333,000 |
LOANS AND DISCOUNTS
Loans made to help finance farmers, students, businessmen and consumers for the purchase of
automobiles, home repairs and other needs of customers
|
$131,872,000 |
ALLOWANCE FOR LOAN AND LEASE LOSSES
Reserves set aside to meet possible loan losses |
$(2,046,000) |
FEDERAL FUNDS SOLD
Excess funds loaned to other banks on a day-to-day basis
|
$0.00 |
|
BANK BUILDING, FURNITURE AND FIXTURES
|
$2,704,000 |
OTHER ASSETS
Prepaid expenses and interest earned--not collected, etc.
|
$6,436,000 |
| TOTAL ASSETS |
$175,319,000 |
| |
2009 |
DEPOSITS
Funds held on deposit for our many savings and checking account customers
|
$151,310,000 |
FEDERAL FUNDS PURCHASED AND REPURCHASE AGREEMENTS
Funds borrowed from other banks on a day-to-day basis and securities sold to our
customers under agreements to repurchase them at a later date.
|
$3,028,000 |
OTHER BORROWED MONEY
Money borrowed from the FHLB to fund certain earning assets held by our bank.
|
$1,335,000 |
OTHER LIABILITIES
Deferred taxes, accrued expenses, and accrued interest payable to customers.
|
$1,525,000 |
| TOTAL LIABILITIES |
$157,198,000 |
CAPITAL STOCK
Money invested by stockholders of the bank.
|
$500,000 |
SURPLUS
Additional money contributed by the owners to provide additional strength.
|
$500,000 |
UNDIVIDED PROFITS AND OTHER RESERVES
Bank earnings left in the bank for additional capital strength and to provide
additional funds to meet possible losses on loans and securities.
|
$16,748,000 |
UNREALIZED GAIN (LOSS) ON SECURITIES AVAILABLE FOR SALE
Market value appreciation (depreciation) on investment securites classified as
available for sale.
|
$373,000 |
| TOTAL EQUITY CAPITAL |
$18,121,000 |
| TOTAL LIABILITIES AND EQUITY |
$175,319,000 |
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