|
12/31/08 |
12/31/07 |
| Assets |
|
|
| Cash and Due From Banks |
$4,043,161.80 |
$2,343,147.27 |
| U.S. Treasury Bonds |
2,001,650.00 |
8,009,719.23 |
| U.S. Agency Bonds |
22,205,147.47 |
5,000,000.00 |
| Municipal Bonds |
0.00 |
0.00 |
| Bond Market Value Adjustment |
499,211.91 |
61,260.77 |
| Loans |
23,460,127.83 |
23,521,938.78 |
| Federal Funds Sold |
1,532,000,000 |
12,354,260.00 |
| Bank Building/Furniture & Fixtures |
366,625.46 |
377,585.65 |
| Other Real Estate |
528,627.22 |
395,100.79 |
| All Other Assets |
417,286.90 |
351,871.00 |
| Total Assets |
55,053,838.59 |
52,414,883.49 |
|
| Liabilities |
|
|
| IPC Demand Deposits |
6,440,238.43 |
6,282,594.00 |
| IPC Time & Savings Deposits |
31,908,792.45 |
30,611,618.13 |
| U.S. Government Deposits |
2,540.68 |
9,956.25 |
| Municipal Deposits |
6,137,095.59 |
5,544,308.78 |
| Certified & Official Checks |
398,531.99 |
125,466.35 |
| Total Deposits |
44,887,199.14 |
42,573,943.51 |
|
| Other Liabilities |
231,602.53 |
277,326.34 |
|
| Equity Capital |
|
|
| Capital Stock |
200,000.00 |
200,000 |
| Surplus |
2,800,000.00 |
2,800,000.00 |
| Undivided Profits |
6,442,099.78 |
6,395,978.30 |
| Unrealized Bond Gain |
329,479.86 |
40,432.11 |
| Total Equity Capital |
9,771,579.64 |
9,436,410.41 |
|
| Specific Reserves |
163,457.28 |
127,203.23 |
|
| Total Liabilities and Capital |
55,053,838.59 |
52,414,883.49 |
|
 |
