|
Statement of Condition
- at close of business, Dec. 31, 2010 |
 |
| |
2010 |
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 |
$2,196,000 |
INTEREST-BEARING DEPOSITORY BALANCES
Interest-bearing deposits due from other depository institutions
|
$2,000 |
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
|
$36,275,000 |
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
|
$139,384,000 |
ALLOWANCE FOR LOAN AND LEASE LOSSES
Reserves set aside to meet possible loan losses |
$(2,030,000) |
FEDERAL FUNDS SOLD
Excess funds loaned to other banks on a day-to-day basis
|
$0.00 |
|
BANK BUILDING, FURNITURE AND FIXTURES
|
$2,765,000 |
OTHER ASSETS
Prepaid expenses and interest earned--not collected, etc.
|
$6,390,000 |
| TOTAL ASSETS |
$184,982,000 |
| |
2010 |
DEPOSITS
Funds held on deposit for our many savings and checking account customers
|
$157,182,000 |
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.
|
$1,742,000 |
OTHER BORROWED MONEY
Money borrowed from the FHLB to fund certain earning assets held by our bank.
|
$4,565,000 |
OTHER LIABILITIES
Deferred taxes, accrued expenses, and accrued interest payable to customers.
|
$1,599,000 |
| TOTAL LIABILITIES |
$165,088,000 |
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.
|
$18,439,000 |
UNREALIZED GAIN (LOSS) ON SECURITIES AVAILABLE FOR SALE
Market value appreciation (depreciation) on investment securites classified as
available for sale.
|
$455,000 |
| TOTAL EQUITY CAPITAL |
$19,894,000 |
| TOTAL LIABILITIES AND EQUITY |
$184,982,000 |
|
