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About Us - Statement of Condition |
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As of March 31, 2013 (Dollars in Thousands)
Assets
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Cash and Due from Banks
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$18,273 |
| Investments |
$133,967 |
| Loans |
$588,777 |
| Fed Funds Sold |
$0 |
| Premises and Fixed Assets |
$21,919 |
Other Real Estate owned
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$10,291 |
| Other assets |
$22,701 |
| Total Assets |
$795,928 |
Liabilities
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| Deposits |
$633,092 |
Federal Funds Purchased & Repurchase Agreements
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$30,270 |
Other Borrowed Money
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$57,942 |
| Other Liabilities |
$1,655 |
| Total Liabilities |
$722,959 |
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 |
$43,912 |
| Current Earnings |
$1,079 |
| Other Equity Capital Components |
$1,250 |
Equity Capital
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$72,969 |
Total Liabilities & Equity Capital
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$795,928 |
Interest income
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Interest & Fee income-Loans
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$8,203 |
Interest & Dividend Income on Securities
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$882 |
Interest Income on Federal Funds Sold
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$5 |
Other Interest Income
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$7 |
Total Interest Income
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$9,097 |
interest expense
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Interest on Deposits
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$1,393 |
Interest on Purchased Funds
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$457 |
Total Interest Expense
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$1,850 |
Net Interest Income
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$7,247 |
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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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$572 |
Other Noninterest Income
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$49 |
Total Noninterest Income
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$621 |
noninterest expense
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Salaries & Employee Benefits
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$3,227 |
Expenses of Premises and Fixed Assets
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$702 |
Other Noninterest Expense
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$1,920 |
Total Noninterest Expense
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$5,849 |
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Income (loss) before income taxes and extraordinary items & other adjustments
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$1,419 |
Applicable Income Taxes
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$340 |
Net Income (loss)
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$1,079 |
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