| RESOURCES |
9/30/07 |
9/30/08 |
 |
||
| Cash and Due from Banks |
$8,827,678.48 |
$7,935,413.38 |
| U.S. & Govt. Agency Bonds |
$9,497,798.55 |
$3,500,000.00 |
| Municipal Bonds |
$34,975,870.48 |
$35,981,338.20 |
| Other Bonds |
$1,195,008.61 |
$40,631,595.60 |
| Federal Funds Sold |
$5,305,000.00 |
$845,000.00 |
|
||
| TOTAL CASH & MARKETABLE BONDS |
$59,801,356.12 |
$88,893,347.18 |
|
||
| Loans, Net of Reserve |
$289,535,361.59 |
$289,906,152.79 |
| Federal Res. Bank Stock & FHLB Stock |
$2,621,500.00 |
$4,649,000.00 |
| Bank Building, Furniture & Equipment |
$13,627,274.97 |
$15,708,842.96 |
| Other Assets | $10,043,040.14 | $12,123,393.06 |
|
||
| TOTAL RESOURCES |
$375,628,532.82 |
$411,280,735.99 |
|
||
| LIABILITIES |
||
|
||
| Deposits | $288,439,359.69 | $275,819,950.78 |
| Other Liabilities | $52,072,664.43 | $104,393,713.47 |
| Fed Funds Borrowed | $0.00 | $0.00 |
|
||
| Capital Stock |
$100,000.00 |
$100,000.00 |
| Surplus |
$17,900,000.00 |
$17,900,000.00 |
| Undivided Profits |
$17,116,508.70 |
$13,067,071.74 |
|
||
| TOTAL CAPITAL |
$35,116,508.70 |
$31,067,071.74 |
|
||
| TOTAL LIABILITIES |
$375,628,532.82 |
$411,280,735.99 |
|
Board of Directors:
Martin
Carpenter
Borum Cooper
Norma J. Orr
Bill N. Orr
Rhonda Moody
Marty Sellars
Honorary
John A. Cooper, Jr.
Executive Management Team:
Martin Carpenter
Chairman
and
Chief Executive Officer
Marty Sellars
President
Morris Street
Executive Vice President
and Cashier
John Thornton
Executive Vice President
Sandra
Carpenter
Senior
Vice President - Human Resources
Dwight Hickman
Senior
Vice President - Lending
Dana Batterton
Vice President and Chief Risk Officer
Michael
Burris
Vice President, Chief
Financial Officer,
and Chief Operating Officer
Kathy Hicks
Vice President and Branch
Administrator
Charlie
Morris
Vice
President of Marketing
