 |
|
 |
Annual Report
Condensed Statement of Condition
|
In Thousands of Dollars |
|
Dec 31, 2007 |
Dec 31, 2006 |
Dec 31, 2005 |
| Assets: |
| Cash and Due from Banks |
$5,276 |
$10,221 |
$9,949 |
| U.S. Government Securities |
17,194 |
8,598 |
6,206 |
Obligations of State and
Political Subdivisions |
40,128 |
30,956 |
28,586 |
| Other Securities |
408 |
408 |
539 |
Federal Funds Sold and Securities
Purchased under Agreement to Resell |
14,200 |
17,700 |
9,600 |
| Loans |
146,773 |
135,657 |
129,772 |
| Less Reserve for Loan Losses |
4,259 |
4,255 |
4,171 |
| Net Loans |
142,514 |
131,402 |
125,601 |
| Fixed Assets |
452 |
200 |
200 |
| Other Assets |
4,427 |
4,130 |
3,966 |
| TOTAL ASSETS |
$224,599 |
$203,615 |
$184,647 |
| |
|
|
|
| Liabilities: |
| Demand Deposits |
$35,734 |
35,445 |
35,123 |
| Time Deposits |
130,124 |
118,585 |
103,785 |
Federal Funds Purchased and
Securities Under Agreement to Repurchase |
22,219 |
15,081 |
12,681 |
Interest-Bearing Demand Notes
(Note Balances) Issued by U.S. Treasury |
2,421 |
1,398 |
1,365 |
| Other Liabilities |
2,175 |
2,376 |
2,030 |
| TOTAL LIABILITIES |
$192,673 |
$172,885 |
$154,984 |
| |
|
|
|
| Capital Accounts: |
| Common Stock [($1500.00) Par Value] |
$300 |
$300 |
$300 |
| Surplus |
12,200 |
12,200 |
12,200 |
| Undivided Profits |
19,215 |
18,059 |
16,918 |
| Net Unrealized Holding Gains (Losses) |
211 |
171 |
245 |
| Total Capital Accounts |
$31,926 |
$30,730 |
$29,663 |
Total Liabilities and
Capital Accounts
| $224,599 |
$203,615 |
$184,647 |
| |
|
|
|
| Income Statement: |
| Earning Asset Income |
$13,971 |
$12,105 |
$9,723 |
| Interest Expense |
6,161 |
4,539 |
2,404 |
| Net Interest Revenue |
$7,810 |
$7,566 |
$7,319 |
| Other Operating Revenue |
902 |
844 |
983 |
| Other Operating Expense (Net) |
4,087 |
4,014 |
4,070 |
| Income Before Taxes |
$4,625 |
$4,396 |
$4,232 |
| Net Income |
$3,156 |
$3,140 |
$2,961 |
|
|
|
|
This statement has not been reviewed or confirmed for accuracy
or relevance by the Federal Deposit Insurance Corporation
|
