| CASH AND DUE FROM BANKS |
16.95M |
| FEDERAL FUNDS SOLD / SHORT-TERM INVESTMENTS |
| Total cash and cash equivalents |
16.95M |
| Available for sale, at fair value |
103.11M |
| Held to maturity (fair value of $145,124,864 and $81,712,004 at June 30, 2011 and December 31, 2010, respectively) |
121.24M |
| Total investment securities |
224.35M |
| LOANS HELD FOR SALE |
| LOANS |
749.44M |
| Less- Allowance for loan losses |
-7.49M |
| Net loans |
741.95M |
| PREMISES AND EQUIPMENT, net |
10.76M |
| ACCRUED INTEREST RECEIVABLE |
2.86M |
| BANK-OWNED LIFE INSURANCE |
22.05M |
| OTHER REAL ESTATE OWNED |
166K |
| OTHER ASSETS |
12.84M |
| Total assets |
1.06B |
| Deposits: Non-interest bearing |
173.95M |
| Deposits: Interest bearing |
653.12M |
| Total deposits |
827.06M |
| BORROWINGS |
97.1M |
| REDEEMABLE SUBORDINATED DEBENTURES |
18.56M |
| ACCRUED INTEREST PAYABLE |
794K |
| ACCRUED EXPENSES AND OTHER LIABILITIES |
| Total liabilities |
951.36M |
| COMMITMENTS AND CONTINGENCIES |
| Common stock, no par value; 30,000,000 shares authorized; 4,814,635 and 4,812,344 shares issued and 4,805,750 and 4,803,459 shares outstanding at June 30, 2011 and December 31, 2010, respectively |
71.39M |
| Retained earnings |
32.42M |
| Treasury Stock, at cost, 8,885 shares at June 30, 2011 and December 31, 2010, respectively |
-368K |
| Accumulated other comprehensive income |
501K |
| Total shareholders' equity |
103.95M |
| Total liabilities and shareholders' equity |
1.06B |
