Statement of Condition

AssetsStatement of Condition

December 31, 2015

Loans net of unearned income$138,971,000.00
Less reserve for losses($2,013,000.00)
Total Loans$136,958,000.00
Federal Funds Sold$894,000.00
Investment Securities$107,939,000.00
Cash and Due from Banks$14,582,000.00
Premises and Equipment$2,326,000.00
Other Real Estate Owned$0.00
Other Assets$15,113,000.00
Total Assets$277,812,000.00
Liabilities & Stockholders EquityStatement of Condition

December 31, 2015

Demand Deposits$56,025,000.00
Interest Bearing Deposits$191,601,000.00
Total Deposits$247,626,000.00
Other Liabilities$2,441,000.00
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$21,957,000.00
Net unrealized holding gains(losses) on securities$188,000.00
Total Stockholders Equity$23,945,000.00
Total Liabilities & Stockholders Equity$277,812,000.00