|
|
 |
 |
|
STATEMENT OF INCOME
|
|
FOR THE PERIOD ENDING SEPTEMBER 30, 2009
|
| INCOME: |
|
|
EXPENSES: |
|
| Interest on loans |
$ 487,050.33
|
|
Operating Expenses |
$ 602,302.77
|
| Income from Investments |
246,876.06
|
|
Dividend and Interest |
166,532.73
|
| Fee and Misc. Income |
79,043.60
|
|
|
________________
|
| Nonoperating Income |
135,968.90
|
|
Total Expense |
$ 768,835.50
|
| Total Gross Income |
$ 948,938.89 |
|
Net Income |
$ 180,103.39
|
|
STATEMENT OF FINANCIAL CONDITION
|
|
FOR THE PERIOD ENDING SEPTEMBER 30, 2009
|
| ASSETS: |
|
|
LIABILITIES: |
|
| Net Loans |
$ 10,116,517.38
|
|
Dividends Payable |
$ 924.74
|
| Cash Accounts |
347,509.82
|
|
Other Liabilities |
44,539.17
|
| Investments |
9,405,759.08
|
|
Total Liabilities |
$ 45,463.91
|
| Net Land/Building |
464,559.87
|
|
EQUITY: |
|
| Other Assets |
172,608.72
|
|
Total Shares |
$ 17,772,534.78
|
| |
|
|
Retained Earnings |
2,688,956.18
|
| Total Assets |
$ 20,506,954.87
|
|
Total Liabilities & Equity |
$ 20,506,954.87
|
|
|
