Statement of Condition

First State Bank, Shallowater, Texas condensed statement of condition at the closing of business on June 30, 2020.

 

Assets
Cash and Due From Banks $12,898,403.71
U.S. Government and Agency Securities $10,237,216.00
Certificate of Deposit – At Other Banks
Loans and Discounts $74,952,104.85
Bank Premises and Equipment $1,944,421.75
Other Assets $3,906,688.23

Total Assets $103,938,834.54
Liabilities
Deposits $83,642,190.65
Federal Funds Purchases
Other Liabilities $117,165.71

Total Liabilities $83,759,356.36
Equity Capital
Capital Stock $500,000.00
Certified Surplus $9,235,806.26
Unrealized Market Gain/Loss On Securities $160,026.29
Undivided Profits $10,283,645.63

Total Equity Capital $19,341,257.33

Total Liabilities and Capital $20,179,478.18