STATEMENT OF CONDITION |
December 31, 2003 |
RESOURCES |
||
| Loan & Discounts | $30,909,080.36 | |
| Reserve for unearned interest | 110,885.61 | |
| Reserve for loan losses | 347,498.44 | |
| NET LOANS | $30,450,696.31 | |
| Bank Premises | 256,183.34 | |
| Furniture & Fixtures | 258,448.01 | |
| Other Real Estate | 35,999.98 | |
| Other Resources | 1,053,998.17 | |
| U.S. Securities | 12,916,800.00 | |
| Other Bonds & Securities | 15,240,580.59 | |
| Cash & Demand Exchange | 5,860,245.79 | |
| Federal Funds Sold | 2,480,000.00 | |
| TOTAL RESOURCES | $68,552,952.19 | |
LIABILITIES |
|
| Capital Stock | $ 24,000.00 |
| Surplus | 1,976,000.00 |
| Undivided Profits & Capital Reserves | 5,754,181.03 |
| TOTAL CAPITAL ACCOUNTS | $ 7,754,181.03 |
| Other Liabilities | 685,421.06 |
| Deposits | 60,113,350.10 |
| Federal Funds Purchased | 0.00 |
| TOTAL LIABILITIES | $68,552,952.19 |