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Statement of Condition

As of December 31, 2009

Assets

2008

2009

Cash and Due from Depository Institutions

2,263,170

2,119,323

Securities

15,046,024

18,706,865

Federal Funds Sold

2,450,000

5,075,000

Loans and Lease Financing Receivables

25,337,976

26,389,298

Less: Allowance for Loan and Lease Losses

(438,316)

(359,171)

Net Loans and Lease Financing Receivables

24,899,660

26,030,128

Premises and Fixed Assets

592,631

552,586

Other Real Estate Owned

0

0

Other Assets

743,017

1,229,582

Total Assets:

45,994,502

53,713,484

  

Liabilities

 

 

Deposits

40,236,990

47,654,365

Federal Funds Purchased

0

0

Other Borrowed Money

588,855

526,126

Other Liabilities

99,413

332,357

Total Liabilities:

40,925,258

48,512,848

   

Common Stock

100,000

100,000

Surplus

2,500,000

2,500,000

Undivided Profits

2,469,245

2,600,636

Total Equity Capital:

5,069,245

5,200,636

Total Liabilities and Capital:

45,994,502

53,713,484

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