ASSETS |
Cash and due from banks |
10.25M |
Federal funds sold and other short-term investments |
1.23M |
Total cash and cash equivalents |
11.48M |
Securities held to maturity, net (estimated fair value of $687,023 and $606,658, respectively) |
0 |
Federal Reserve Bank and Federal Home Loan Bank stock, at cost |
Loans receivable (net of allowance for loan losses of $31,772 and $34,840, respectively) |
1.15B |
Accrued interest receivable |
4.67M |
Loan fees receivable |
2.22M |
Premises and equipment, net |
4.43M |
Foreclosed real estate (net of valuation allowance of $3,966 and $2,688), respectively |
2.65M |
Deferred income tax asset |
15.23M |
Other assets |
4.21M |
Total assets |
1.51B |
Deposits: |
Noninterest-bearing demand deposit accounts |
6.39M |
Interest-bearing deposit accounts: |
Checking (NOW) accounts |
17.51M |
Savings accounts |
10.38M |
Money market accounts |
339M |
Certificate of deposit accounts |
841.05M |
Total deposit accounts |
1.21B |
Borrowed funds: |
Federal Home Loan Bank advances |
Subordinated debentures - capital securities |
56.7M |
Accrued interest payable on all borrowed funds |
56K |
Mortgage note payable |
Total borrowed funds |
Accrued interest payable on deposits |
850K |
Mortgage escrow funds payable |
27.53M |
Other liabilities |
1.92M |
Total liabilities |
1.31B |
STOCKHOLDERS' EQUITY |
Preferred stock ($1.00 par value; 300,000 shares authorized; 25,000 issued and outstanding) |
Additional paid-in-capital, preferred |
Preferred stock discount |
Class A common stock ($1.00 par value; 62,000,000 shares authorized; 21,126,489 issued and outstanding) |
22.02M |
Additional paid-in-capital, common |
86.12M |
Unearned compensation on restricted common stock awards |
-1.6M |
Retained earnings |
100.52M |
Total stockholders' equity |
205.88M |
Total liabilities and stockholders' equity |
1.51B |