Financial Condition
As of December 31, 2016
Assets
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Loans................................................................................. |
$470,703,482 |
Reserve for Loan Losses.................................................. |
(12,562,890) |
U.S. Government Agency Securities................................ |
42,628,450 |
State and Local Government Securities.......................... |
11,478,436 |
Federal Funds Sold........................................................... |
100,000 |
Cash and Due from Banks................................................ |
29,264,857 |
Bank Building, Furniture, Fixtures & Equipment.............. |
19,349,197 |
Other Assets...................................................................... |
40,370,432 |
$601,331,964
|
Liabilities and Capital
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Demand Deposits............................................................. |
$165,709,281 |
Time and Savings Deposits............................................. |
296,885,475 |
Other Liabilities................................................................. |
62,598,690 |
Capital, Surplus and Undivided Profits........................... |
76,138,519 |
$601,331,964 |