Annual Financial Reports  Statement of Condition as of December 31, 2007
| ASSETS |
2007 |
| |
|
| Cash and Due from Banks |
$7,138,000 |
| Securities |
$1,346,000 |
| Federal Funds Sold |
$0 |
| Loans (Net Reserve for Loan Loss) |
$316,546,000 |
| Bank Premises & Equipment |
$6,855,000 |
| Other Assets |
$2,661,000 |
| TOTAL ASSETS |
$334,546,000 |
| |
|
| |
|
| LIABILITIES AND EQUITY CAPITAL |
|
| |
|
| Demand Deposits |
$68,690,000 |
| Time and Savings Deposits |
$227,160,000 |
| TOTAL DEPOSITS |
$295,850,000 |
| Federal Funds Purchased/ Borrowed Funds |
$1,900,000 |
| Other Liabilities |
$617,000 |
| TOTAL LIABILITIES |
$298,367,000 |
| |
|
| |
|
| CAPITAL ACCOUNTS |
|
| |
|
| Common Stock |
$410,000 |
| Capital Surplus |
$11,064,000 |
| Retained Earnings |
$24,705,000 |
| TOTAL CAPITAL ACCOUNTS |
$36,179,000 |
| |
|
| TOTAL LIABILITIES & CAPITAL ACCOUNTS |
$334,565,000 |
|
