Financial Condition
| |
DECEMBER 31, 2009 |
DECEMBER 31, 2008 |
| ASSETS |
| Cash & due from banks |
$ 7,307,000 |
$ 5,661,000 |
| Securities |
53,395,000 |
48,785,000 |
| Federal funds sold |
10,794,000 |
15,940,000 |
| Loans |
$64,755,000 |
$68,903,000 |
| Less allowance for loan losses |
1,299,000 |
1,327,000 |
| Net loans |
63,456,000 |
67,576,000 |
| Fixed assets |
1,025,000 |
1,066,000 |
| Other assets |
2,301,000 |
2,045,000 |
| TOTAL ASSETS |
$138,278,000
 |
$141,073,000
|
| LIABILITIES & CAPITAL |
| Deposits |
$ 116,921,000 |
$ 115,912,000 |
| Securities sold under agreement to repurchase |
5,586,000 |
9,031,000 |
| Other borrowings |
0 |
1,000,000 |
| Other liabilities |
367,000 |
493,000 |
| Capital |
15,404,000 |
14,637,000 |
| TOTAL LIABILITIES & CAPITAL |
$138,278,000
|
$141,073,000
|
|
