Financial Condition
| |
DECEMBER 31, 2007 |
DECEMBER 31, 2006 |
| ASSETS |
| Cash & due from banks |
$ 5,933,000 |
$ 5,426,000 |
| Securities |
54,750,000 |
48,837,000 |
| Federal funds sold |
11,074,000 |
15,959,000 |
| Loans |
$66,328,000 |
$65,811,000 |
| Less allowance for loan losses |
1,237,000 |
1,257,000 |
| Net loans |
65,091,000 |
64,554,000 |
| Fixed assets |
1,156,000 |
1,200,000 |
| Other assets |
2,158,000 |
2,300,000 |
| TOTAL ASSETS |
$140,162,000
 |
$138,276,000
|
| LIABILITIES & CAPITAL |
| Deposits |
$ 116,640,000 |
$ 119,488,000 |
| Securities sold under agreement to repurchase |
6,620,000 |
3,545,000 |
| Other borrowings |
3,000,000 |
3,000,000 |
| Other liabilities |
486,000 |
507,000 |
| Capital |
13,416,000 |
11,736,000 |
| TOTAL LIABILITIES & CAPITAL |
$140,162,000
|
$138,276,000
|
|
