Statement of Condition

December 31, 2015

ASSETS

Cash and balances due from depository institutions................
$21,703,147
Held-to-maturity securities.............................................................
0
Available-for-sale securities..........................................................
222,437,370
Federal funds sold............................................................................
4,000,000
Loans...................................................................................................
244,052,539
Allowance for loan losses..............................................................
(4,570,418)
Premises and fixed assets...............................................................
1,027,601
Other Assets......................................................................................
7,205,083
Total Assets.......................................................................................
$ 495,855,322

LIABILITIES & EQUITY CAPITAL

Deposits...............................................................................................
$ 429,020,993
Noninterest-bearing.......... 142,028,990
Interest-bearing................ 286,992,003
Securites sold under agreement to repurchase..........................
764,434
Federal funds purchased........................................................
0
Other liabilities....................................................................................
2,444,942
Total liabilities.....................................................................................
$ 432,230,369
Common stock...................................................................................
100,000
Surplus.................................................................................................
1,783,800
Undivided profits................................................................................
50,275,783
Net unrealized holding gains on available-for-sale securities..
11,465,370
Total equity capital...........................................................................
63,624,953
Total liabilities & equity capital.....................................................
$ 495,855,322