Statement of Condition - December 31, 2013

ASSETS
Cash and due from banks $ 16,719,000
Securities available-for-sale 64,648,000
Other securities 215,000
Loans, net of allowance for loan losses 105,293,000
Bank premises and equipment 7,786,000
Accrued interest receivable 807,000
Prepaid expenses 71,000
Other real estate 197,000
Other assets 2,147,000
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Total assets $197,883,000
 
LIABILITIES AND STOCKHOLDERS EQUITY
Liabilities:  
Deposits  
Demand deposits $ 38,516,000
Interest-bearing demand deposits 54,046,000
Savings deposits 36,793,000
Time deposits of $100,000 or more 20,463,000
Other time deposits 19,752,000
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Total deposits 169,570,000
 
Other liabilities  

Accrued interest payable

157,000
Dividends payable 434,000
Advances from federal Home Loan Bank 324,000
Advance payments by borrowers for taxes and insurances 245,000
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Other Liabilities 1,926,000
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Total other liabilities 3,086,000
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Total liabilities 172,656,000
 
Stockholders’ equity:  
Common stock - $10 par value, 180,000 shares authorized
173,535 shares issued and outstanding
1,735,000
Surplus 2,000,000
Undivided profits 22,106,000
Accumulated other comprehensive income (loss) (614,000)
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Total stockholders’ equity 25,227,000
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Total liabilities and stockholders’ equity $197,883,000