STATEMENT OF CONDITION
| UNAUDITED |
December 31, 2011 |
December 31, 2010 |
| ASSETS: |
| Cash & Due from Banks |
$11,299,096.01 |
$10,428,255.00 |
|
Federal Funds Sold |
$12,200,000.00 |
$12,950,000.00 |
| TOTAL CASH & CASH EQUIVALENT |
$23,499,096.01 |
$23,378,255.00 |
| U.S. Treasury & Gov't Agency Securities |
18,950,373.45 |
12,822,084.72 |
| Obligations of State & Political Subdivisions |
48,040,115.45 |
41,855,932.09 |
| Other Securities |
5,828,763.88 |
3,931,131.68 |
| AFS Unrealized Gain (Loss) |
1,886,678.87 |
29,327.01 |
| TOTAL CASH & SECURITIES |
$98,205,027.66 |
$82,016,730.50 |
| Net Loans |
87,943,092.57 |
97,122,769.84 |
| Accrued Interest Receivable |
1,062,788.54 |
1,043,997.87 |
| Acquisition Intangibles, Net |
2,245,480.45 |
2,624,998.21 |
| Bank Premises & Equipment |
3,788,630.00 |
4,069,394.00 |
|
Goodwill |
1,878,093.00 |
1,878,093.00 |
| Other Assets |
1,901,322.47 |
3,275,572.00 |
| TOTAL ASSETS |
$197,024,434.69 |
$192,031,555.42 |
| LIABILITIES: |
| Non-Interest Bearing Deposits |
28,715,802.08 |
13,453,893.00 |
| Interest Bearing Deposits |
148,678,634.18 |
160,153,316.00 |
| TOTAL DEPOSITS |
$177,394,436.26 |
$173,607,209.00 |
| Other Liabilities |
292,529.86 |
858,500.00 |
| CAPITAL ACCOUNTS: |
| Common Stock |
1,580,069.49 |
1,574,765.00 |
| Retained Earnings |
16,675,731.26 |
15,996,355.42 |
| AFS Unrealized Gain (Loss) |
1,081,667.82 |
(5,274.00) |
| TOTAL CAPITAL |
$19,337,468.57 |
$17,565,846.42 |
| TOTAL LIABILITIES & CAPITAL |
$197,024,434.69 |
$192,031,555.42 |
|