Statement of Condition

AssetsStatement of Condition

March 31, 2016

Loans net of unearned income$141,493,000.00
Less reserve for losses($2,161,000.00)
Total Loans$143,654,000.00
Federal Funds Sold$2,320,000.00
Investment Securities$104,146,000.00
Cash and Due from Banks$13,916,000.00
Premises and Equipment$2,278,000.00
Other Real Estate Owned$0.00
Other Assets$14,379,000.00
Total Assets$278,532,000.00
Liabilities & Stockholders EquityStatement of Condition

March 31, 2016

Demand Deposits$53,136,000.00
Interest Bearing Deposits$194,313,000.00
Total Deposits$247,449,000.00
Other Liabilities$2,532,000.00
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$22,358,000.00
Net unrealized holding gains(losses) on securities$593,000.00
Total Stockholders Equity$24,751,000.00
Total Liabilities & Stockholders Equity$278,532,000.00