Statement of Condition
As of December 31, 2011
| ASSETS | ||
|
Cash & Balances due from depository institutions: Noninterest-bearing balances and currency and coin Interest-bearing balances |
$1,418,000 $5,787,000 |
|
|
Securities: Held to Maturity securities Available-for-sale securities Federal funds sold |
$0 $11,743,000 $3,200,000 |
|
|
Loans and lease financing receivables: Loans and leases, net of unearned income LESS: Allowance for loan and lease losses Loans and leases, net of unearned income and allowance |
$54,999,000 |
$54,035,000 |
| Premises and fixed assets | $1,460,000 | |
| Other real estate owned | $145,000 | |
| Other assets | $1,496,000 | |
| Total Assets | $79,284,000 | |
| LIABILITIES | ||
| Deposits: | ||
|
In domestic offices Noninterest-bearing Interest-bearing |
$14,018,000 $54,296,000 |
$68,314,000 |
|
Federal funds purchases |
$0 | |
| Other borrowed money | $0 | |
| Other liabilities | $132,000 | |
| Total Liabilities | $68,446,000 | |
| EQUITY CAPITAL | |
| Common stock | $500,000 |
| Surplus | $500,000 |
| Retained earnings | $9,643,000 |
| Accumulated other comprehensive income | $195,000 |
| Total equity capital | $10,838,000 |
| TOTAL LIABILITIES AND EQUITY CAPITAL | $79,284,000 |
