Statement of Condition

First State Bank, Shallowater, Texas condensed statement of condition at the closing of business on March 31, 2022.

 

Assets
Cash and Due From Banks  $24,223,328.05
Fed Funds Sold  $21,300,000.00
U.S. Government and Agency Securities  $11,906,938.07
Certificate of Deposit – At Other Banks
Loans and Discounts  $62,951,061.51
Bank Premises and Equipment  $3,890,515.72
Other Assets  $3,811,314.56

Total Assets  $128,083,157.91
Liabilities
Deposits  $107,904,654.10
Federal Funds Purchases
Other Liabilities  $260,282.50

Total Liabilities  $108,164,936.60
Equity Capital
Capital Stock  $500,000.00
Certified Surplus  $9,235,806.26
Unrealized Market Gain/Loss On Securities  $(170,455.81)
Undivided Profits  $10,352,870.86

Total Equity Capital  $19,918,221.31

Total Liabilities and Capital  $128,083,157.91