Statement of Condition

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As of December 31, 2011

ASSETS		LIABILITIES

CASH	$13,069,000	DEPOSITS	$196,127,000
(Cash in our vault, plus cash due on demand from other banks where funds are deposited.)		(Amount of money on deposit by customers of the Bank, in the form of checking accounts, savings accounts, and certificates of deposit.)

U.S. BONDS	$58,136,000	BORROWED FUNDS - FHLB & OTHERS	$37,335,000
(This is the amount of government bonds owned by the Bank, most of which are due in less than 3 years.)		OTHER LIABILITIES	$965,000
MUNICIPAL BONDS	$16,606,000	(Accrued interest payable on all interest bearing checking accounts, savings accounts and certificates of deposit, payable at a future date, and income taxes payable during the fiscal year.)
(Investments in high-grade bonds issued by cities, school districts and other municipal government.)		TOTAL LIABILITIES	$234,427,000

FEDERAL FUNDS SOLD	$1,595,000	EQUITY CAPITAL
(Funds loaned to other banks for daily cash needs, payable on demand.)		CAPITAL STOCK	$600,000
		(Par value of 6,000 shares of common stock of the Bank, paid by the people who own the stock.)
TOTAL CASH ASSETS	$89,406,000
(Total of liquid investments that could be quickly converted to cash or other immediately available funds.)		SURPLUS	$13,800,000
		(Amount taken from the profits of the Bank to further strengthen the position of the Bank.)
LOANS & DISCOUNTS	$156,781,000
(Amount of money loaned to customers for all types of loans, such as real estate, agriculture, commercial & consumer.)		UNDIVIDED PROFITS & RESERVES	$11,703,000
		(Amount that has accumulated from earnings of the Bank for reserves.)
BANKING HOUSE, FURNITURE & FIXTURES	$3,734,000
(The depreciated value of the Bank, all furniture & equipment.)		TOTAL EQUITY CAPITAL	$26,103,000

OTHER ASSETS	$10,609,000
(Accrued interest earned but not collected and other receivables.)

TOTAL ASSETS	$260,530,000	TOTAL LIABILITIES & EQUITY CAPITAL	$260,530,000