STATEMENT OF CONDITION |
December 31, 2002 |
RESOURCES |
||
| Loan & Discounts | $33,048,805.87 | |
| Reserve for unearned interest | 85,272.63 | |
| Reserve for loan losses | 359,649.50 | |
| NET LOANS | $32,603,883.74 | |
| Bank Premises | 271,017.74 | |
| Furniture & Fixtures | 276,340.24 | |
| Other Real Estate | 0.00 | |
| Other Resources | 1,094,403.74 | |
| U.S. Securities | 22,082,200.00 | |
| Other Bonds & Securities | 7,194,073.99 | |
| Cash & Demand Exchange | 4,394,931.86 | |
| Federal Funds Sold | 5,155,000.00 | |
| TOTAL RESOURCES | $73,071,851.31 | |
LIABILITIES |
|
| Capital Stock | $ 24,000.00 |
| Surplus | 1,976,000.00 |
| Undivided Profits & Capital Reserves | 5,759,908.20 |
| TOTAL CAPITAL ACCOUNTS | $ 7,759,908.20 |
| Other Liabilities | 462,043.38 |
| Deposits | 64,849,899.73 |
| Federal Funds Purchased | 0.00 |
| TOTAL LIABILITIES | $73,071,851.31 |