Statement of Condition
As of December 31, 2006 and 2005
| |
Dec 2006 |
Dec 2005 |
| Assets
|
| Cash and Due from Banks |
$3,971,429 |
$4,649,895 |
| Federal Funds |
|
|
| Fed Home Loan Bank Stock |
1,171,000 |
943,800 |
| Co-operative Central Bank |
334,830 |
334,830 |
| Investment and Securities |
36,166,458 |
28,382,000 |
| R.E. Mortgage Loans |
76,231,195 |
73,677,526 |
| Commercial Loans |
19,378,083 |
11,017,419 |
| Loans on Deposits |
254,074 |
264,814 |
| Consumer Loans |
569,399 |
466,241 |
| Bank Premises and Equipment |
2,418,070 |
2,403,980 |
| Other Owned Real Estate |
350,000 |
350,000 |
| Other Assets |
4,354,072 |
3,694,547 |
| |
|
|
| Total Assets |
$146,203,376 |
$128,159,621 |
| |
|
|
| Liabilities and Surplus |
| Term Deposit Accounts |
|
|
| Money Market Accounts |
12,882,762 |
19,770,724 |
| Savings Accounts |
15,624,504 |
19,171,416 |
| NOW Checking Accounts |
11,149,755 |
10,539,136 |
| Non-Interest Checking Accounts |
5,764,014 |
6,147,482 |
| Christmas Club Accounts |
15,149 |
17,372 |
| Total Deposits |
113,407,324 |
106,506,107 |
| Borrowed Money |
19,517,793 |
9,681,003 |
| Other Liabilities |
800,380 |
195,632 |
| Surplus |
12,477,879 |
11,776,879 |
| |
|
|
| Total Liabilities & Surplus |
$146,203,376 |
$128,159,621 |
| |
