|
Statement of Condition as of March 31, 2008 |
 |
| Cash and Due |
$
19,725,322 |
| U.S. Government Securities |
$
9,827,817 |
| Municipals and Other Securities |
$
359,861 |
| Federal Funds Sold |
$
20,000,000 |
| Loans and Discounts |
$
393,823,716 |
| Less: Reserve for Loan Loss |
$ (4,424,284) |
| Fixed Assets |
$
16,410,814 |
| Other Assets |
$
17,806,598 |
|
|
| TOTAL ASSETS |
$
473,529,844 |
|
|
| Demand Deposit |
$
83,511,414 |
| Time and Savings Deposits |
$
247,094,302 |
|
|
| Total Deposits |
$
330,605,716 |
| Other Liabilities |
$
98,637,554 |
|
|
| TOTAL LIABILITIES |
$
98,637,531
|
|
|
| Capital Stock |
$14,000,000 |
| Surplus |
$26,100,000 |
| Undivided Profits |
$
4,186,574 |
|
|
| TOTAL CAPITAL |
$
44,286,574 |
| TOTAL LIABILITIES & CAPITAL |
$
473,529,844 |
| |
|
 |
Equal Housing Lender | Equal
Opportunity Employer