|
Statement
of Condition
June
30, 2010 |
| Assets
Cash and Due from Banks
|
$7,533,307
|
| Investment
CDs (maturing < 1 year) |
7,677,000 |
| Federal Funds
Sold |
666,670 |
|
Total Cash & Due Equivalents |
15,876,977 |
Investment Securities |
28,303,598 |
| Loans, Net
of Allowance |
70,763,351 |
| Premises
and Equipment |
1,299,512 |
| Accrued
Income & Other Assets |
1,897,880 |
|
Total Assets |
$118,141,318 |
|
|
Liabilities
Deposits |
|
|
Demand |
$17,658,481 |
|
Savings and Thrift |
31,137,022 |
|
Time Deposits >$100,000 |
13,426,149 |
|
Other Time Deposits |
27,042,870 |
|
Non-interest Bearing Deposits |
13,808,585 |
Total
Deposits
|
$103,073,107 |
| Short-term
Borrowings |
0 |
| Other
Liabilities |
990,531 |
|
Total Liabilities |
$104,063,638 |
|
|
| Shareholders'
Equity
Common Stock
|
$180,600 |
| Paid-in
Capital |
143,511 |
| Retained
Earnings |
13,530,364 |
| Accumulated
Other Comprehensive Income |
223,205 |
|
Total Shareholder's Equity |
$14,077,680 |
|
Total Liabilities and Shareholder's Equity |
$118,141,318 |
|
(Unaudited) |
|
|
