Statement of Condition



Statement of Condition

December 31, 2016

Assets

Cash and Demand Balances Due from Banks $12,816,187
Interest-Bearing Balances Due from Banks $20,072,196
Federal Funds Sold $0
Certificates of Deposit $0
Investments
Held to Maturity $0
Available for Sale $377,537,607
Loans
Total Loans $518,361,536
Less: Loan Loss Reserve $8,603,328
Less: Unearned Interest Collected 0
Loans, Net $509,758,208
Bank Premises and Equipment $9,336,956
Other Assets $36,578,645
Total Assets $966,099,800

Liabilities & Shareholders' Equity

Noninterest-bearing Deposits $168,095,824
Interest-bearing Deposits $635,175,439
Total Deposits $803,271,263
Other Borrowed Money $47,300,000
Other Liabilities $19,880,042
Total Liabilities $870,451,305

Shareholders' Equity

Common Stock $1,000,000
Surplus $10,562,178
Undivided Profits $86,987,065
Net unrealized holdings gains (losses) on available-for-sale securities $(2,900,748)
Total Shareholders' Equity $95,648,495
Total Liabilities and Shareholders' Equity $966,099,800


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         Lubbock, TX 79414
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