STATEMENT OF CONDITION
| UNAUDITED |
March 31,
2010 |
March 31,
2009 |
| ASSETS: |
| Cash & Due from Banks |
8,121394.70 |
9,870,610.38 |
|
Federal Funds Sold |
8,750000.00 |
8,350,000.00 |
| TOTAL CASH & CASH EQUIVALENT |
$16,871,394.70 |
$18,220,610.38 |
| U.S. Treasury & Gov't Agency Securities |
15,194,662.48 |
15,743,335.71 |
| Obligations of State & Political Subdivisions |
36,388,547.14 |
29,734,510.86 |
| Other Securities |
2,819,026.18 |
1,300,000.00 |
| AFS Unrealized Gain (Loss) |
274,767.83 |
(46,161.51) |
| TOTAL CASH & SECURITIES |
$71,548,398.33 |
$64,952,295.44 |
| Net Loans |
99,104,100.06 |
105,542,784.25 |
| Accrued Interest Receivable |
1,195,028.16 |
1,178,385.88 |
| Acquisition Intangibles, Net |
2,909,636.53 |
3,289,154.29 |
| Bank Premises & Equipment |
4,177,553.44 |
4,480,025.19 |
|
Goodwill |
1,878,093.00 |
1,878,093.00 |
| Other Assets |
3,565,209.09 |
2,465,712.63 |
| TOTAL ASSETS |
$184,378,018.61 |
$183,786,450.68 |
| LIABILITIES: |
| Non-Interest Bearing Deposits |
12,644,260.17 |
11,705,257.16 |
| Interest Bearing Deposits |
154,058,030.91 |
155,140,443.78 |
| TOTAL DEPOSITS |
$166,702,291.08 |
$166,845,700.94 |
| Other Liabilities |
447,478.46 |
553,250.97 |
| CAPITAL ACCOUNTS: |
| Common Stock |
1,572,321.49 |
1,428,692.09 |
| Retained Earnings |
15,638,120.85 |
14,989,273.31 |
| AFS Unrealized Gain (Loss) |
17,806.73 |
(30,466.63) |
| TOTAL CAPITAL |
$17,228,249.07 |
$16,387,498.77 |
| TOTAL LIABILITIES & CAPITAL |
$184,378,018.61 |
$183,786,450.68 |
|