Financial Strength

Financial Strength

For over 125 years, Bruning State Bank has been known for its strength and stability.  We have long combined sound decision-making and dedicated customer service to make us the trusted financial partner in our communities.  By staying true to our mission and maintaining a strong capital position, we are the bank you can depend on for keeping your assets secure.

As of December 31, 2016

ASSETS LIABILITIES
             
CASH $12,664,000       DEPOSITS $263,212,000
(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 $75,979,000       BORROWED FUNDS - FHLB & OTHERS $54,065,000
(This is the amount of government bonds owned by the Bank, most of which are due in less than 3 years.)      
OTHER LIABILITIES


$321,000

MUNICIPAL BONDS $28,776,000       (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 $321,000
           
FEDERAL FUNDS SOLD $0       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 $117,419,000          
(Total of liquid investments that could be quickly converted to cash or other immediately available funds.)       SURPLUS $23,400,000
          (Amount taken from the profits of the Bank to further strengthen the position of the Bank.)
LOANS & DISCOUNTS $219,104,000          
(Amount of money loaned to customers for all types of loans, such as real estate, agriculture, commercial & consumer.)       UNDIVIDED PROFITS & RESERVES $12,104,000
          (Amount that has accumulated from earnings of the Bank for reserves.)
BANKING HOUSE, FURNITURE & FIXTURES $4,471,000          
(The depreciated value of the Bank, all furniture & equipment.)       TOTAL EQUITY CAPITAL $36,104,000
             
OTHER ASSETS $12,708,000          
(Accrued interest earned but not collected and other receivables.)          
             
TOTAL
ASSETS
$353,702,000       TOTAL
LIABILITIES & EQUITY CAPITAL
$353,702,000

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