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 $ 60,268,166.41
Bank Premises and Equipment $ 3,748,719.49
Other Assets $ 3,888,473.56

Total Assets $ 139,701,782.88
Liabilities
Deposits $ 117,977,695.65
Federal Funds Purchases
Other Liabilities $ 294,672.83

Total Liabilities $ 118,272,368.48
Equity Capital
Capital Stock  $500,000.00
Certified Surplus $10,235,806.26
Unrealized Market Gain/Loss On Securities $(435,669.87)
Undivided Profits $11,129,278.01

Total Equity Capital $21,429,414.40

Total Liabilities and Capital $139,701,782.88