Statement of Condition

As of December 31, 2017

Assets 2016 2017
Cash and Due from Depository Institutions 3,393,525 2,898,106
Securities 27,298,247 22,570,505
Federal Funds Sold 900,000 9,150,000
Loans and Lease Financing Receivables 76,540,584 78,831,556
Less: Allowance for Loan and Lease Losses (1,929,678) (2,417,790)
Net Loans and Lease Financing Receivables 74,610,905 76,413,766
Premises and Fixed Assets 671,972 575,336
Other Real Estate Owned 0 91,593
Other Assets 1,656,084 4,130,194
Total Assets: 108,530,735 115,829,500
  
Liabilities    
Deposits 90,912,249 86,451,180
Federal Funds Purchased 0 0
Other Borrowed Money 0 10,000,000
Other Liabilities 156,964 133,575
Total Liabilities: 91,069,213 96,584,755
   
Common Stock 100,000 100,000
Surplus 12,350,000 12,350,000
Undivided Profits 5,011,522 6,830,986
Total Equity Capital: 17,461,522 19,244,745
Total Liabilities and Capital: 108,530,735 115,829,500