Statement of Condition

First State Bank, Shallowater, Texas condensed the statement of condition at the closing of business March 31, 2026.

Assets
Cash and Due From Banks $14,045,330.39
Fed Funds Sold $19,850,000.00
U.S. Government and Agency Securities $19,967,390.00
Certificate of Deposit – at Other Banks
Loans and Discounts $94,455,260.03
Bank Premises and Equipment $3,384,424.80
Other Assets $4,702,784.47

Total Assets $156,405,189.69
Liabilities
Deposits $128,658,828.02
Federal Funds Purchases
Other Liabilities $1,268,651.74

Total Liabilities $129,927,479.76
Equity Capital
Capital Stock  $500,000.00
Certified Surplus $10,235,806.26
Unrealized Market Gain/Loss On Securities $(39,656.12)
Undivided Profits $15,781,559.79

Total Equity Capital $26,477,709.93

Total Liabilities and Capital  $156,405,189.69