Statement of Condition - December 31, 2014

ASSETS
Cash and due from banks $ 25,104,000
Securities available-for-sale 70,557,000
Other securities 722,000
Loans, net of allowance for loan losses 115,223,000
Bank premises and equipment 9,508,000
Accrued interest receivable 819,000
Prepaid expenses 387,000
Other real estate 247,000
Other assets 2,484,000
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Total assets $225,055,000
 
LIABILITIES AND STOCKHOLDERS EQUITY
Liabilities:  
Deposits  
Demand deposits $ 44,019,000
Interest-bearing demand deposits 70,409,000
Savings deposits 37,897,000
Time deposits of $100,000 or more 21,784,000
Other time deposits 21,365,000
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Total deposits 195,477,000
 
Other liabilities  

Accrued interest payable

201,000
Dividends payable 433,000
Advances from federal Home Loan Bank 316,000
   
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Other Liabilities 3,726,000
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Total other liabilities 3,086,000
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Total liabilities 200,155,000
 
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 22,435,000
Accumulated other comprehensive income (loss) (1,271,000)
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Total stockholders’ equity 24,899,000
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Total liabilities and stockholders’ equity $225,055,000