Financial Condition
| |
DECEMBER 31, 2010 |
DECEMBER 31, 2009 |
ASSETS |
| Cash & due from banks |
$ 4,340,000 |
$ 7,307,000 |
| Securities |
68,377,000 |
53,395,000 |
| Federal funds sold |
10,132,000 |
10,794,000 |
| Loans |
$59,446,000 |
$64,755,000 |
| Less allowance for loan losses |
1,391,000 |
1,299,000 |
| Net loans |
58,055,000 |
63,456,000 |
| Fixed assets |
1,077,000 |
1,025,000 |
| Other assets |
3,044,000 |
2,301,000 |
| TOTAL ASSETS |
$145,025,000
 |
$138,278,000
 |
LIABILITIES & CAPITAL |
| Deposits |
$ 125,440,000 |
$ 116,921,000 |
| Securities sold under agreement to repurchase |
3,777,000 |
5,586,000 |
| Other borrowings |
0 |
0 |
| Other liabilities |
316,000 |
367,000 |
| Capital |
15,492,000 |
15,404,000 |
| TOTAL LIABILITIES & CAPITAL |
$145,025,000
 |
$138,278,000
 |
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