ABOUT US - FINANCIAL STATEMENT
December 31, 2007
Assets: (000's omitted)
Cash and Due from banks 2,547
Securities 38,007
Federal Reserve Bank Stock 75
Fed Funds Sold 14,356
Loans, Net 62,589
Less: Reserve for Loan Losses (586)
Bank Premises and Equipment 633
Other Assets 2,557
Total Assets 120,178
Liabilities:
Deposits 106,292
U.S. Treasury 308
Other Liabilities 657
Total Liabilities 107,257
Stockholders Equity:
Capital Stock 200
Surplus 2,300
Retained Earnings 9,961
FASB 115 adj 460
Total Stockholders Equity 12,921
Total Liabilities/Stockhlders Equity 120,178
COMPARISON OF DEPOSITS
Opened for business January 2, 1945
December 31, 1945…………..………...$ 889,992
December 31, 1947……………………..1,283,511
December 31, 1949……………………..1,267,797
December 31, 1951……………………..1,490,692
December 31, 1953……………………..1,690,245
December 31, 1955……………………..1,640,067
December 31, 1957……………………..2,025,243
December 31, 1959……………………..2,605,689
December 31, 1961……………………..3,281,089
December 31, 1963……………………..4,010,898
December 31, 1965……………………..4,852,452
December 31, 1967……………………..5,422,318
December 31, 1969……………………..8,006,695
December 31, 1971……………………..9,547,737
December 31, 1973……………………12,535,123
December 31, 1975……………………14,952,142
December 31, 1977……………………19,381,734
December 31, 1979……………………25,923,338
December 31, 1981……………………32,162,227
December 31, 1983……………………39,899,767
December 31, 1985……………………45,493,422
December 31, 1987……………………47,488,799
December 31, 1989……………………49,731,261
December 31, 1991……………………58,311,742
December 31, 1993……………………65,944,745
December 31, 1995……………………65,893,898
December 31, 1997……………………72,879,243
December 31, 1999……………………77,216,379
December 31, 2001……………………83,628,462
December 31, 2003……………………93,795,809
December 31, 2005……………………94,768,763
December 31, 2007…………………..106,291,901
Member of the Federal Reserve System
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