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About Us - Statement of Condition |
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As of March 31, 2012 (Dollars in Thousands)
Assets
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Cash and Due from Banks
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$26,408 |
| Investments |
$120,263 |
| Loans |
$563,595 |
| Fed Funds Sold |
$0 |
| Premises and Fixed Assets |
$21,838 |
Other Real Estate owned
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$9,768 |
| Other assets |
$11,851 |
| Total Assets |
$753,723 |
Liabilities
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| Deposits |
$612,642 |
| Purchased Funds |
$16,592 |
Other Borrowed Money
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$54,015 |
| Other Liabilities |
$1,512 |
| Total Liabilities |
$684,761 |
Equity Capital
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Common Stock
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$345 |
| Surplus |
$6,112 |
Paid in Capital
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$20,271 |
| Undivided Profits |
$40,121 |
| Current Earnings |
$1,548 |
| Other Equity Capital Components |
$564 |
Total Equity Capital & Total Liabilities
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$68,962 |
Equity Capital
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$753,723 |
Interest income
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Interest & Fee income-Loans
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$8,346 |
Interest & Dividend Income on Securities
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$994 |
Interest Income on Federal Funds Sold
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$5 |
Other Interest Income
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$6 |
Total Interest Income
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$9,351 |
interest expense
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Interest on Deposits
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$2,010 |
Interest on Purchased Funds
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$486 |
Total Interest Expense
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$2,496 |
Net Interest Income
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$6,855 |
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Provision for Loan & Lease Losses
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$600 |
noninterest income
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Service Charges on Deposit Accounts
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$521 |
Other Noninterest Income
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$836 |
Total Noninterest Income
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$1,357 |
noninterest expense
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Salaries & Employee Benefits
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$2,789 |
Expenses of Premises and Fixed Assets
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$714 |
Other Noninterest Expense
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$836 |
Total Noninterest Expense
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$5,408 |
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Income (loss) before income taxes and extraordinary items & other adjustments
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$2,204 |
Applicable Income Taxes
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$656 |
Net Income (loss)
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$1,548 |
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