Statement of Condition

AssetsStatement of Condition

December 31, 2013

Loans net of unearned income$124,349,000.00
Less reserve for losses($1,642,000.00)
Total Loans$122,707,000.00
Federal Funds Sold$5,164,000.00
Investment Securities$104,590,000.00
Cash and Due from Banks$21,152,000.00
Premises and Equipment$3,103,000.00
Other Real Estate Owned$18,000.00
Other Assets$13,009,000.00
Total Assets$269,743,000.00
Liabilities & Stockholders EquityStatement of Condition

December 31, 2013

Demand Deposits$34,863,000.00
Interest Bearing Deposits$206,687,000.00
Total Deposits$241,550,000.00
Other Liabilities$2,084,000.00
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$21,002,000.00
Net unrealized holding gains(losses) on securities($493,000.00)
Total Stockholders Equity$22,309,000.00
Total Liabilities & Stockholders Equity$269,743,000.00