Statement of Condition



Statement of Condition

December 31, 2018

Assets

Cash and Demand Balances Due from Banks $14,569,326
Interest-Bearing Balances Due from Banks $7,625,857
Federal Funds Sold $0
Certificates of Deposit $0
Investments
Held to Maturity $0
Available for Sale $353,236,468
Loans
Total Loans $672,103,116
Less: Loan Loss Reserve $8,016,482
Less: Unearned Interest Collected 0
Loans, Net $664,086,633
Bank Premises and Equipment $8,530,874
Other Assets $36,555,990
Total Assets $1,084,605,148

Liabilities & Shareholders' Equity

Noninterest-bearing Deposits $190,064,837
Interest-bearing Deposits $732,273,412
Total Deposits $922,338,248
Other Borrowed Money $39,000,000
Other Liabilities $17,554,902
Total Liabilities $978,893,151

Shareholders' Equity

Common Stock $1,000,000
Surplus $10,562,178
Undivided Profits $101,591,957
Net unrealized holdings gains (losses) on available-for-sale securities $(7,442,138)
Total Shareholders' Equity $105,711,998
Total Liabilities and Shareholders' Equity $1,084,605,148


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