About Us

Statement of Condition

December 31, 2014 and 2013

Assets

2014 2013
Cash and cash equivalents $36,056,000 $89,200,000
Investment securities $85,620,000 $92,374,000
Loans $475,894,000 $443,990,000
Reserve for loan losses ($5,032,000) ($5,665,000)
NET LOANS $470,862,000 $438,325,000
Premises and equipment $12,798,000 $12,433,000
Accrued interest receivable $1,584,000 $1,827,000
Other assets $10,883,000 $11,703,000
TOTAL ASSETS $617,803,000 $645,862,000

Liabilities and Equity

Deposits 2014 2013
Noninterest-bearing $83,929,000 $78,662,000
Interest-bearing $443,168,000 $467,861,000
TOTAL DEPOSITS $527,097,000 $546,523,000
Securities sold under agreements to repurchase $23,889,000 $34,029,000
FHLB advances - -
Accrued interest payable $403,000 $493,000
Other liabilities $2,126,000 $1,942,000
TOTAL LIABILITIES $553,515,000 $582,987,000
Shareholders' equity $64,288,000 $62,875,000
TOTAL LIABILITIES AND EQUITY $617,803,000 $645,862,000

* unaudited.