Statement of Condition
|
March 31, 2010 | ||
Resources |
2010 |
2009 |
|
| ||
| Cash on Hand | ||
| and Due from Banks |
$ 13,232,422.72 |
$ 15,995,341.55 |
| U.S. Gov Securities |
$ 16,316,747.79 |
$ 17,431,751.46 |
| U.S. Government | ||
| Agency Securities |
$ 26,458,895.51 |
$ 25,389,083.90 |
| Municipal Bonds |
$ 21,923,737.19 |
$ 20,713,420.01 |
| Other Securities |
$ 8,832,160.84 |
$ 8,024,268.46 |
| Unrealized Gain (Loss) AFS | ||
| Valuation Allowance |
$ 1,419,310.64 |
$ 1,820,233.06 |
|
| ||
| Total Cash | ||
| and Securities |
$ 88,183,274.69 |
$ 89,374,098.44 |
| Federal Funds Sold |
-- |
$ 1,100,000.00 |
| Loans |
$ 71,117,912.84 |
$ 69,681,677.01 |
| Less Unearned Reserve | ||
| Loan Loss Reserve |
$ 1,182,965.51 |
$ 1,248,336.98 |
| Net Loans |
$ 69,934,947.33 |
$ 68,433,340.03 |
| Real Estate, Furniture | ||
| and Fixtures |
$ 2,577,698.17 |
$ 2,752,376.59 |
| Other Assets |
$ 1,941,298.14 |
$ 1,247,760.08 |
| * Total |
$ 162,637,218.33 |
$ 162,907,575.14 |
|
| ||
| LIABILITIES | ||
|
| ||
| Capital Stock |
$ 1,000,000.00 |
$ 1,000,000.00 |
| Surplus |
$ 7,000,000.00 |
$ 7,000,000.00 |
| Undivided Profits |
$ 20,216,796.76 |
$ 19,468,297.62 |
| Unrealized Gain (Loss) On | ||
| AFS Securities |
$ 904,477.54 |
$ 1,262,590.90 |
| Treasury Stock |
$ (1,501,397.96) |
$ (1,414,875.86) |
| Unearned RRP Shares |
$ (6,549.06) |
$ (2,338.95) |
|
| ||
| Total Capital Funds |
$ 27,613,327.28 |
$ 27,313,673.71 |
| Deposits |
$ 133,569,954.70 |
$ 133,761,494.04 |
| Other Liabilities |
$ 1,453,936.35 |
$ 1,832,407.39 |
| * Total |
$ 162,637,218.33 |
$ 162,907,575.14 |
|
* Data above does not include $678,128.21 outstanding letters of credit | ||
