Report of Condition

Comparative Report of Condition

Assets12/31/201712/31/2016
Cash and Due From Banks 35,263,000 47,871,000
Securities 57,799,000 54,544,000
Federal Funds Sold 0 0
Loans 159,301,000 133,647,000
Less: Reserves on Loans (1,527,000) (1,798,000)
Net Loans 157,774,000 131,849,000
Bank Premises/Equipment 2,804,000 2,801,000
Other Assets 5,448,000 5,425,000
Total Assets 259,088,000 242,490,000
Liabilities12/31/201712/31/2016
Deposits 234,328,000 217,841,000
Federal Funds Purchased 0 0
Securities Sold Under Agreements to Repurchase 0 360,000
FHLB Advances 0 0
Other Liabilities 684,000 628,000
Total Liabilities 235,012,000 218,829,000
Stockholder's Equity12/31/201712/31/2016
Capital Stock 500,000 500,000
Surplus 1,500,000 1,500,000
Undivided Profits 22,400,000 21,888,000
Net Unrealized Gains (Losses), Available for Sale Securities (324,000) (227,000)
Total Stockholder's Equity 24,076,000 23,661,000
Total Liabilities & Stockholder's Equity 259,088,000 242,490,000