Financial Statement

Statement of Condition as of December 31, 2009

Assets   Liabilities  
       
Mortgage Loans, Net 102,471,561.75 Deposits 135,752,752.87
Loans on Savings Accts 487,017.47

Adv for Borrowers – Taxes & Ins

 258,626.20
Other Loans 6,718,802.14 Borrowed Money NONE
Cash & Fed Funds 4,010,349.28 Deferred Income Taxes NONE
Certificates of Deposit in other banks 13,381,822.97    
Investment Securities 14,410,251.68 Other Liabilities 1,852,668.84
Mortgage Backed Securities 10,319,767.12 Income Taxes Payable NONE
Ground Rents Owned 289,515.23 Retained Earnings 19,510,195.60
Off Bldg – Land Imprv 1,003,426.36    
Furn. Fix & Equipment 79,313.10    
Real Estate Owned 1,368,614.48    
Stock in FHLB 254,900.00    
Accrued Income Receivable 802,963.66    
Deferred Income Taxes 957,482.67    
Income Tax Refund 68,055.56    
Other Assets 750,400.04    
       
TOTAL 157,374,243.51 TOTAL 157,374,243.51