Financial Statement
|
BALANCE SHEETS |
|||
ASSETS |
12/31/10 |
12/31/09 |
|
|
Cash and Due From Banks |
$ 1,822 |
$ 1,831 |
|
|
U.S. Government Obligations |
3,862 |
4,136 |
|
|
Municipal Obligations |
1,032 |
1,293 |
|
|
Other Investments and Fed Funds Sold |
8,873 |
1,256 |
|
|
Total Securities |
13,767 | 6,685 | |
| Gross Loans | 42,105 | 41,157 | |
|
Less: Reserve for Loan Losses |
(842) |
(635) |
|
|
Net Loans |
41,263 |
40,522 |
|
|
Bank Premise and Equipment |
1,925 |
2,040 |
|
|
Other Assets |
2,343 |
2,090 |
|
|
Total Assets |
61,120 |
53,168 |
|
LIABILITIES |
|||
|
Demand Deposit Accounts |
$ 9,505 |
$ 7,679 |
|
|
Interest Bearing Deposit Accounts |
26,445 |
22,899 |
|
|
Certificates of Deposit |
19,368 |
15,707 |
|
|
Total Deposits |
55,318 |
46,285 |
|
|
Federal Home Loan Bank Advances |
160 |
187 |
|
|
Other Liabilities |
98 |
188 |
|
|
Total Liabilities |
55,576 |
46,660 |
|
CAPITAL ACCOUNTS |
|||
|
Common Stock |
248 |
248 |
|
|
Surplus |
4,292 |
4,292 |
|
|
Undivided Profits |
976 |
1,847 |
|
|
Gain/Loss on Securities |
28 |
94 |
|
|
Total Capital Accounts |
5,544 |
6,508 |
|
|
Total Liabilities and Capital Accounts |
$ 61,120 |
$ 53,168 | |
