About Us
Statement of Condition
December 31, 2012 and 2011
Assets
|
2012 |
2011 |
| Cash and cash equivalents |
$58,007,000 |
$64,008,000 |
| Investment securities |
$58,208,000 |
$51,897,0000 |
| Loans |
$457,671,000 |
$466,060,000 |
| Reserve for loan losses |
($6,153,000) |
($6,109,000) |
| NET LOANS |
$451,518,000 |
$459,951,000 |
| Premises and equipment |
$9,976,000 |
$9,847,000 |
| Accrued interest receivable |
$1,555,000 |
$1,982,000 |
| Other assets |
$12,973,000 |
$12,756,000 |
| TOTAL ASSETS |
$592,237,000 |
$600,441,000 |
Liabilities and Equity
| Deposits |
2012 |
2011 |
| Noninterest-bearing |
$67,857,000 |
$60,190,000 |
| Interest-bearing |
$441,886,000 |
$455,845,000 |
| TOTAL DEPOSITS |
$509,743,000 |
$516,035,000 |
| Federal funds purchased and repurchase agreements |
$18,044,000 |
$17,537,000 |
| FHLB borrowings |
$5,000,000 |
$10,000,000 |
| Accrued interest payable |
$654,000 |
$1,017,000 |
| Other liabilities |
$1,543,000 |
$1,897,000 |
| TOTAL LIABILITIES |
$534,984,000 |
$546,486,000 |
| Shareholders' equity |
$57,253,000 |
$53,955,000 |
| TOTAL LIABILITIES AND EQUITY |
$592,237,000 |
$600,441,000 |
* unaudited.