Statement of Condition

First State Bank, Shallowater, Texas condensed statement of condition at the closing of business on December 30, 2022.

 

Assets
Cash and Due From Banks $13,329,819.09
Fed Funds Sold $42,950,000.00
U.S. Government and Agency Securities $15,516,604.33
Certificate of Deposit – At Other Banks
Loans and Discounts $60,342,683.87
Bank Premises and Equipment $3,748,719.49
Other Assets $3,778,635.26

Total Assets $139,666,462.04
Liabilities
Deposits $117,977,695.65
Federal Funds Purchases
Other Liabilities $265,592.70

Total Liabilities $118,243,288.35
Equity Capital
Capital Stock  $500,000.00
Certified Surplus $10,235,806.26
Unrealized Market Gain/Loss On Securities $(435,669.87)
Undivided Profits $11,123,037.30

Total Equity Capital $21,423,173.69

Total Liabilities and Capital $139,666,462.04