Statement of Condition
Statement of Condition - December 31, 2011
| ASSETS | |
| CASH & DUE FROM BANKS |
$6,073,175.16 |
|
GOVERNMENT AGENCY OBLIGATIONS |
22,213,238.15 |
|
MUNICIPAL OBLIGATIONS |
30,950,104.82 |
|
CORPORATE BONDS |
7,475,655.60 |
|
OTHER SECURITIES |
288,200.00 |
|
TOTAL CASH AND SECURITIES |
$67,000,373.73 |
|
LOANS |
48,350,252.10 |
|
OTHER ASSETS, BUILDING & FIXTURES |
2,998,482.99, |
|
TOTAL ASSETS |
$118,349,108.82 |
|
LIABILITIES |
|
|
DEPOSITS |
$88,477,394.94 |
| OTHER LIABILITIES |
599,064.44 |
| SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE |
11,857,417.10 |
| OTHER BORROWED MONEY |
3,500,000.00 |
| TOTAL LIABILITIES |
$104,433,876.48 |
| CAPITAL ACCOUNTS | |
| COMMON STOCK |
$1,500,000.00 |
| SURPLUS |
3,500,000.00 |
| UNREALIZED GAINS/LOSSES | 1,015,108.69 |
| RETAINED EARNINGS |
7,900,123.65 |
| TOTAL CAPITAL ACCOUNTS | $13,915,232.34 |
| TOTAL LIABILITIES AND CAPITAL | $118,349,108.82 |
