|
STATEMENT OF CONDITIONS
After Close of Business December
31, 2007
|
ASSETS |
| Mortgage Loans and Other Liens on
Real Estate |
72,883,115.02 |
| All Other Loans |
5,011,358.98 |
| Real Estate Owned and in Judgment
and Repossessed Assets |
25,355.34 |
| Loans and Contracts Made to
Facilitate Sale of Real Estate |
0.00 |
| Cash on Hand and in Bank |
3,281,093.10 |
| Investments and Securities |
8,937,294.56 |
| Fixed Assets less Depreciation |
3,902,993.14 |
| Deferred Charges and Other Assets |
3,699,443.10 |
| TOTAL ASSETS |
97,740,653.24 |
| |
|
|
LIABILITIES AND NET WORTH |
| Checking, PB Savings, Certificates
of Deposit and IRA Accounts |
74,194,329.46 |
| Advance from FHLB |
10,250,000.00 |
| Other borrowed Money |
0.00 |
| Loans in process |
1,142,159.77 |
| Other Liabilities |
1,882,060.43 |
| Specific Reserves
|
63,099.95 |
| General Reserves
1,500,372.36 |
| Unrealized Gain-FASB
No 115
216,679.93 |
|
Surplus
8,491,951.34 |
10,209,003.63 |
TOTAL LIABILITIES
AND NET WORTH |
97,740,653.24 |
THE DIF (DEPOSIT INSURANCE FUND), AN
AGENCY OF THE UNITED STATES GOVERNMENT, INSURES ALL
DEPOSITORS' SAVINGS UP TO $100,000.00 IN ACCORDANCE WITH
THE RULES AND REGULATIONS OF THE FDIC.
I, Danny R Grooms, President/CEO, of the
above named savings bank, do hereby declare that this
Statement of Condition has been prepared in conformance
with the instructions issued by the office of Thrift
Supervision and is true to the best of my knowledge and
belief.
Danny R Grooms, President/CEO
COUNTY OF BROWN, STATE OF OHIO:
Before me, Nancy J. Linkous, a Notary Public in Brown
County, Ohio personally appeared Danny R Grooms, who,
being duly sworn this 15th day of January, 2008 says the
above statement is true and acknowledges his signature
thereto.
Nancy J. Linkous, Notary Public
My Commission expires February 8, 2010
Copies of the annual
audited financial statement are available to the public
at the home office located at 1006 South Second Street, Ripley, Ohio.
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