| Balance Sheet (U.S.D. In Thousands) |
| |
2009 |
2008 |
| Assets |
|
|
| Cash and Cash Equivalents |
33,732 |
19,730 |
| Investments |
79,494 |
55,478 |
| Net Loans |
314,961 |
323,364 |
| Other Assets |
7,290 |
10,476 |
| Total Assets |
435,477 |
409,048 |
| |
|
|
| Liabilities |
|
|
| Deposits |
398,755 |
381,634 |
| Other Funding |
7,500 |
0 |
| Other Liabilities |
750 |
2,018 |
| Total Liabilites |
407,005 |
383,652 |
| Stockholder's Equity |
28,472 |
25,396 |
| Total Liabilites & Capital |
435,477 |
409,048 |
| |
|
|
| Income Statement (U.S.D. In Thousands) |
| |
2009 |
2008 |
| Interest Income |
10,586 |
22,233 |
| Interest Expense |
3,226 |
8,255 |
| Net Interest Income |
7,360 |
13,978 |
| Non Interest Income |
929 |
2,024 |
| Non Interest Expense (net of taxes) |
7,340 |
13,784 |
| Net Income |
949 |
2,218 |
| |
|
|
| Financial Ratios |
| |
2009 |
2008 |
| Total Capital to Risk Weighted Assets |
10.36% |
10,70% |
| Net Loans to Total Assets |
72.33% |
79,05% |
| Net Loans to Total Deposits |
78.99% |
84,73% |
| Non Interest Bearing Deposits to Funding |
27.38% |
21,89% |
| Full disclosure stattement contact our main number 305-648-8800 |
|
