header image
logo finacial reportsAbout Us | Financials: Annual Reports

Statements of Financial Condition ($ in thousands)

Assets2015201420132012
Cash and due from banks$4,780 $7,571$4,634$8,750
Securities and federal funds sold6,8586,7363,6775,045
Net loans64,30048,11048,83445,213
Net bank premises and equipment222207248287
Net intangible assets---1,345
Other assets9858121,0671,021
Total assets$77,145$63,436$58,460$61,661
Liabilities and Shareholders' Equity
Total deposits$68,788$56,326$52,855$53,755
Federal funds purchased and over night borrowings----
Other liabilities448317311362
Total liabilities69,23656,64353,16654,117
Shareholders' equity7,9096,7935,2947,544
Total liabilities and shareholders' equity$77,145$63,436$58,460$61,661

Statements of Operations ($ in thousands)

2015201420132012
Interest income$3,257$2,744$2,565$2,850
Interest expense283208203334
Net Interest Income2,9742,5362,3622,516
Provision for loan loss----
Net Interest Income After Provision for Loan Loss2,9742,5362,3622,516
Non-interest income9071,007644814
Salaries and employee benefits2,2211,9821,9671,962
Premises and equipment expenses361328323314
Other non-interest expenses1,2621,2961,5531,948
Total other expenses3,8443,6063,8434,224
Adjusted Net Income37(63)(837)(894)
Goodwill Impairment--1,345-
Net Income/(Loss)$37$(63)$(2,182)$(894)
Annual Reports
2015 annual report
2014 annual report
2013 annual report
2012 annual report