|
BALANCE SHEETS |
|
|
|
December 31, 2007 and 2006 |
|
|
|
(In thousands of dollars) |
|
|
|
|
|
|
|
ASSETS |
12/31/07 |
12/31/06 |
|
|
|
|
|
Cash and Due
From Banks |
$ 2,041 |
$ 1,776 |
|
U.S. Government
Obligations |
4,976 |
2,529 |
|
Municipal
Obligations |
999 |
795 |
|
Other
Investments and Fed Funds Sold |
802 |
773 |
|
Total
Securities |
6,777 |
5,873 |
|
Gross Loans |
44,957 |
52,402 |
|
Less: Reserve
for Loan Losses |
(583) |
(892) |
|
Net Loans |
44,374 |
51,969 |
|
Bank Premise
and Equipment |
2,491 |
2,718 |
|
Other Assets |
1,630 |
1,724 |
|
Total Assets |
57,313 |
61,825 |
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
Demand Deposit
Accounts |
$ 8,155 |
$ 8,831 |
|
Interest
Bearing Deposit Accounts |
22,693 |
18,129 |
|
Certificates of
Deposit |
18,019 |
25,584 |
|
Total Deposits |
48,867 |
52,544 |
|
Federal Home
Loan Bank Advances |
2,540 |
2,667 |
|
Other
Liabilities |
2 |
293 |
|
Total Liabilities |
51,409 |
55,504 |
|
|
|
|
|
Capital Accounts |
|
|
|
Common Stock |
248 |
248 |
|
Surplus |
4,292 |
4,292 |
|
Undivided
Profits |
1,317 |
1,799 |
|
Gain/Loss on
Securities |
47 |
(18) |
|
Total Capital Accounts |
5,904 |
6,321 |
|
|
|
|
|
Total Liabilities and Capital
Accounts |
$ 57,313 |
$ 61,825 |
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