|
|
Statement of Condition - December 31, 2007
| ASSETS |
|
| Cash and Due from Banks |
$5,700,038 |
| US Treasury & Agency Bonds |
$2,017,943 |
| State and Municipal Bonds |
$7,958,084 |
| Other Investments |
$5,174,379 |
| Fed Funds Sold |
$5,036,000 |
| Loans |
$95,174,262 |
| Less Reserve for Loan Loss |
$-1,273,544 |
| Net Loans |
$93,900,718 |
| |
|
| Bank Buildings/Fixtures |
$3,359,518 |
| Interest Receivable |
$2,065,702 |
| Other Assets |
$578,563 |
| TOTAL ASSETS |
$125,790,945 |
| |
|
| LIABILITIES |
|
| Demand Deposits |
$46,046,924 |
| Time Deposits |
$61,271,644 |
| Total Deposits |
$107,318,568 |
| Fed Home Loan Bank Borrowing |
$4,569,000 |
| Interest Payable |
$585,582 |
| Other Liabilities |
$692,196 |
| Capital Stock |
$203,500 |
| Surplus |
$7,246,500 |
| Undivided Profits |
$5,175,599 |
| Total Capital |
$12,625,599 |
| TOTAL LIABILITIES |
$125,790,945 |
|
|
