Statement of Condition

AssetsStatement of Condition

June 30, 2016

Loans net of unearned income$148,441,000.00
Less reserve for losses($2,303,000.00)
Total Loans$150,744,000.00
Federal Funds Sold$3,382,000.00
Investment Securities$99,711,000.00
Cash and Due from Banks$10,137,000.00
Premises and Equipment$2,240,000.00
Other Real Estate Owned$0.00
Other Assets$14,219,000.00
Total Assets$278,130,000.00
Liabilities & Stockholders EquityStatement of Condition

June 30, 2016

Demand Deposits$54,705,000.00
Interest Bearing Deposits$191,453,000.00
Total Deposits$246,158,000.00
Other Liabilities$2,561,000.00
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$22,121,000.00
Net unrealized holding gains(losses) on securities$1,690,000.00
Total Stockholders Equity$25,611,000.00
Total Liabilities & Stockholders Equity$278,130,000.00