Statement of Condition
First State Bank, Shallowater, Texas condensed statement of condition at the closing of business March 29, 2024 .
| Assets | |
|---|---|
| Cash and Due From Banks | $ 15,778,944.42 |
| Fed Funds Sold | $21,600,000.00 |
| U.S. Government and Agency Securities | $ 15,740,267.45 |
| Loans and Discounts | $ 68,685,205.36 |
| Bank Premises and Equipment | $ 3,567,626.67 |
| Other Assets | $ 3,780,305.30 |
|
|
|
| Total Assets | $ 129,152,349.20 |
| Liabilities | |
| Deposits | $ 105,555,998.03 |
| Federal Funds Purchases | – |
| Other Liabilities | $ 314,650.93 |
|
|
|
| Total Liabilities | $ 105,870,648.96 |
| Equity Capital | |
| Capital Stock | $500,000.00 |
| Certified Surplus | $10,235,806.26 |
| Unrealized Market Gain/Loss On Securities | $(282,190.68) |
| Undivided Profits | $12,828,084.66 |
|
|
|
| Total Equity Capital | $23,281,700.24 |
|
|
|
| Total Liabilities and Capital | $129,152,349.20 |