Statment of Condition

As of December 31, 2014

ASSETS 2014 2013
Cash & Due from Depository Institutions $1,414,599
$1,295,809
Securities 18,141,624 18,305,126
Federal Funds Sold 9,400,000 9,550,000
Loans & Lease Financing Receivables  30,332,340 28,768,947
Less: Allowance for Loan & Lease Losses (525,204) (460,304)
Net Loans & Leases 29,807,137 28,308,642
Premises & Fixed Assets 1,078,562 1,118,132
Other Real Estate Owned 127,000 34,320
Other Assets 880,493 821,768
TOTAL ASSETS $60,849,415 $59,433,798
     
LIABILITIES    
Deposits $54,049,995 $52,856,795
Federal Funds Purchased 0 0
Other Borrowed Money 0 0
Other Liabilities 153,156 167,324
TOTAL LIABILITIES $54,203,151 $53,024,119
Common Stock 600,000 600,000
Surplus 3,550,000 3,550,000
Undivided Profits 2,496,264 2,259,679
TOTAL EQUITY CAPITAL $6,646,264 $6,409,679
TOTAL LIABILITIES & EQUITY CAPITAL $60,849,415 $59,433,798
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