Financial Statement
Statement of Condition:
At close of business December 31, 2009
| Assets |
Dec 31, 2008
|
Dec 31, 2009
|
|
Cash
and Due from banks
|
$4,791,000
|
$8,678,000
|
|
U.S.
Government Securities
|
21,343,000
|
15,950,000
|
|
Municipal
Bonds
|
48,168,000
|
61,459,000
|
|
Federal
Funds Sold
|
0
|
0
|
|
Loans
and Discount Net
|
125,806,000
|
138,763,000
|
|
Bank
Premises & Equipment
|
1,801,000
|
3,214,000
|
|
Other
Assets
|
2,042,000
|
4,893,000
|
|
Total
Assets
|
$203,951,000
|
$232,957,000
|
| Liabilities |
Dec 31, 2008
|
Dec 31, 2009
|
| Deposits |
$169,797,000
|
$201,116,000
|
| Federal
Funds Purchased |
6,273,000
|
2,660,000
|
| Other
Liabilities |
477,000
|
988,000
|
| Capital
Stock |
600,000
|
600,000
|
| Surplus |
1,900,000
|
1,900,000
|
| Undivided
Profits & Reserves |
24,904,000
|
25,693,000
|
| Total
Liabilities |
$203,951,000
|
$232,957,000
|
|
|