Financial Information

Statement of Condition

as of March 2015

 

ASSETS:  
   
CASH AND NONINTEREST-BEARING DUE FROM BANKS
$  12,343,619.27
INTEREST-BEARING DUE FROM BANKS
  $ 754,720.49
U.S. GOVERNMENT AND FEDERAL AGENCY INVESTMENTS
$ 189,103,801.77
MUNICIPAL BONDS
 $ 184,446,442.73
LOANS NET OF RESERVE FOR LOAN LOSSES
$ 425,191,689.28
FURNITURE AND FIXTURES
$  15,883,211.50
OTHER ASSETS
$  9,661,946.82
TOTAL ASSETS
$ 837,385,431.86

 
LIABILITIES:  
   
DEMAND DEPOSIT ACCOUNTS
  $ 166,676,768.34
INTEREST BEARING DEPOSIT ACCOUNTS
$ 289,080,516.94
SAVINGS, MMDA AND TIME DEPOSIT ACCOUNT ACCOUNTS
$ 248,712,160.47
OTHER BORROWED FUNDS
$ 57,873,340.02
ACCRUED EXPENSES AND OTHER LIABILITIES

$ 2,890,480.89

TOTAL LIABILITIES
$ 765,233,266.66

 
CAPITAL:  
   
COMMON STOCK
$  2,441,970.00
SURPLUS
$  3,517,566.57
UNDIVIDED PROFITS (Retained Earnings)
$ 63,126,402.28
NET UNREALIZED GAIN (LOSS) ON SECURITIES
$ 3,006,226.35
TOTAL CAPITAL
$ 72,152,165.20

 
TOTAL LIABILITIES AND CAPITAL
$ 837,385,431.86

 

These ratios are reported on our Regulatory Call Report and calculated as per the FDIC requirements:

                      

                       

 Leverage Capital Ratio as measured by the FDIC 
        5% is needed to be considered well capitalized by the FDIC

8.41                            

 Total Risk-Based Capital Ratio as measured by the FDIC
       10% is needed to be considered well capitalized by the FDIC

14.05%

Download PDF