These financial statements are available for you to review the strength and health of our bank. They are current as of June 30, 2008.
Assets
| Mortgage Loans |
$51,990,490 |
| Loans in Process |
(1,046,263) |
| Allowance For Loan Losses |
(193,666) |
| Deferred Income |
(202,595) |
| MBSs |
2,135,925 |
| Consumer Loans |
1,281,494 |
| TOTAL LOANS |
$53,965,384 |
| Cash |
$716,141 |
| FHLB DID & Fed Funds Sold |
216,053 |
| Investments And Securities |
689,100 |
| REO & REJ |
0 |
| Office Building And Equipment |
790,430 |
| Other Assets |
320,956 |
| TOTAL ASSETS |
$56,698,063 |
Liabilities
| Deposits |
$46,821,127 |
| Advances |
4,113,874 |
| Income Tax Reserve |
187,688 |
| Other Liabilities |
577,990 |
| TOTAL LIABILITIES |
$51,700,678 |
Capital
| Unrealized G/L Securities AFS |
$0 |
| R/E |
4,997,385 |
| TOTAL CAPITAL—EQUITY |
$4,997,385 |
Overall
|
Liabilities & Net Worth |
$56,698,063 |
| Equity/Assets Ratio |
8.81% |
