Statement of Condition

AssetsStatement of Condition

March 31, 2015

Loans net of unearned income$131,263,000.00
Less reserve for losses($1,570,000.00)
Total Loans$129,693,000.00
Federal Funds Sold$1,946,000.00
Investment Securities$114,771,000.00
Cash and Due from Banks$16,274,000.00
Premises and Equipment$2,279,000.00
Other Real Estate Owned$0.00
Other Assets$14,190,000.00
Total Assets$279,153,000.00
Liabilities & Stockholders EquityStatement of Condition

March 31, 2015

Demand Deposits$34,529,000.00
Interest Bearing Deposits$213,647,000.00
Total Deposits$248,176,000.00
Other Liabilities$2,490,000.00
Federal Funds Purchased$0.00
Other Borrowed Money$3,800,000.00
Securities sold under agreements to repurchase $0.00
Stockholders Equity:
Common Stock$400,000.00
Surplus$1,400,000.00
Undivided Profits$22,417,000.00
Net unrealized holding gains(losses) on securities$470,000.00
Total Stockholders Equity$24,687,000.00
Total Liabilities & Stockholders Equity$279,153,000.00