Statement of Condition

AssetsStatement of Condition

December 31, 2017

Loans net of unearned income$150,182,000.00
Less reserve for losses($2,497,000.00)
Total Loans$152,679,000.00
Federal Funds Sold$ 2,500,000.00
Investment Securities$94,904,000.00
Cash and Due from Banks$16,087,000.00
Premises and Equipment$2,073,000.00
Other Real Estate Owned$169,000.00
Other Assets$15,256,000.00
Total Assets$281,171,000.00
Liabilities & Stockholders EquityStatement of Condition

December 31, 2017

Demand Deposits$56,839,000.00
Interest Bearing Deposits$192,219,000.00
Total Deposits$249,058,000.00
Other Liabilities$2,705,000.00
Federal Funds Purchased$0.00
Other Borrowed Money$3,592,000.00
Securities sold under agreements to repurchase $0.00
Stockholders Equity:
Common Stock$400,000.00
Surplus$1,400,000.00
Undivided Profits$24,543,000.00
Net unrealized holding gains(losses) on securities($527,000.00)
Total Stockholders Equity$25,816,000.00
Total Liabilities & Stockholders Equity$281,171,000.00