|
STATEMENT OF
CONDITION
DECEMBER 31, 2007
ASSETS
|
Cash and due
from banks |
$ 9,671,000 |
|
Investment
securities |
49,465,000 |
|
Federal Funds
Sold |
11,940,000 |
|
Loans, net |
29,111,000 |
|
Bank premises
and equipment, net |
396,000 |
|
Income
receivable and other assets |
916,000 |
|
|
|
|
Total Assets |
$101,499,000 |
LIABILITIES AND CAPITAL
|
Non interest
bearing deposits |
$ 24,750,000 |
|
Interest bearing
deposits |
64,761,000 |
|
|
|
|
Total Deposits |
89,511,000 |
|
Accrued
interest, taxes, and other liabilities |
468,000 |
|
|
|
|
Total Liabilities |
89,979,000 |
|
Stockholder's
Equity: |
|
|
Common stock |
350,000 |
|
Surplus |
350,000 |
|
Undivided profits |
10,494,000 |
|
Net unrealized
gains (losses)
on available for sale securities |
326,000 |
|
|
|
|
Total
Stockholder's Equity |
11,520,000 |
|
Total
Liabilities and Equity |
$101,499,000 |
|
