Statement of Condition
|
September 30, 2011 |
||
Resources |
2011 |
2010 |
|
|
||
| Cash on Hand | ||
| and Due from Banks |
$ 14,515,332.11 |
$ 10,911,580.73 |
| U.S. Gov Securities |
$ 16,199,410.39 |
$ 16,256,582.50 |
| U.S. Government | ||
| Agency Securities |
$ 33,944,172.12 |
$ 30,733,207.74 |
| Municipal Bonds |
$ 21,176,758.92 |
$ 20,398,213.40 |
| Other Securities |
$ 10,161,252.15 |
$ 7,604,356.30 |
| Unrealized Gain (Loss) AFS | ||
| Valuation Allowance |
$ 1,492,196.27 |
$ 1,791,386.98 |
|
|
||
| Total Cash | ||
| and Securities |
$ 97,489,121.96 |
$ 87,695,327.65 |
| Federal Funds Sold |
- |
$ 2,000,000.00 |
| Loans |
$ 65,297,542.57 |
$ 71,338,789.37 |
| Less Unearned Reserve | ||
| Loan Loss Reserve |
$ 1,235,083.81 |
$ 1,190,721.19 |
| Net Loans |
$ 64,062,458.76 |
$ 70,148,068.18 |
| Real Estate, Furniture | ||
| and Fixtures |
$ 2,595,402.01 |
$ 2,626,004.47 |
| Other Assets |
$ 2,098,504.75 |
$ 2,128,385.13 |
| * Total |
$ 166,245,487.48 |
$ 165,597,785.43 |
|
|
||
| LIABILITIES | ||
|
|
||
| Capital Stock |
$ 1,000,000.00 |
$ 1,000,000.00 |
| Surplus |
$ 7,000,000.00 |
$ 7,000,000.00 |
| Undivided Profits |
$ 20,853,139.05 |
$ 20,653,590.34 |
| Unrealized Gain (Loss) On | ||
| AFS Securities |
$ 1,020,750.34 |
$ 1,171,882.96 |
| Treasury Stock |
$ (1,507,609.01) |
$ (1,501,397.96) |
| Unearned RRP Shares |
$ (7,484.64) |
$ (6,549.06) |
|
|
||
| Total Capital Funds |
$ 28,358,795.74 |
$ 28,317,526.28 |
| Deposits |
$ 136,338,771.15 |
$ 134,493,357.31 |
| Other Liabilities |
$ 1,547,920.59 |
$ 1,786,901.84 |
| * Total |
$ 166,245,487.48 |
$ 164,597,785.43 |
|
* Data above does not include $415,551.21 outstanding letters of credit |
||
