Statement of Condition

First State Bank, Shallowater, Texas condensed statement of condition at the closing of business on June 30, 2023.

 

Assets
Cash and Due From Banks $ 14,706,384.02
Fed Funds Sold $ 17,350,000.00
U.S. Government and Agency Securities $ 14,110,517.50
Certificate of Deposit – At Other Banks
Loans and Discounts $ 72,637,565.76
Bank Premises and Equipment $ 3,670,767.31
Other Assets $ 3,939,242.82

Total Assets $ 126,414,477.41
Liabilities
Deposits $ 104,332,589.63
Federal Funds Purchases
Other Liabilities $ 270,789.12

Total Liabilities $ 104,603,378.75
Equity Capital
Capital Stock  $500,000.00
Certified Surplus $10,235,806.26
Unrealized Market Gain/Loss On Securities $(385,938.88)
Undivided Profits $11,461,231.28

Total Equity Capital $21,811,098.66

Total Liabilities and Capital $126,414,477.41