Financial Reports
2010 Executive Summary2010 Statement of Income2010 Statement of Condition
2010 Statement of Condition
STATEMENT OF CONDITIONBath Savings Institution & SubsidiaryDecember 31, 2010 and 2009 |
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|---|---|---|
|
2010 |
2009 |
Assets |
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Cash & Balances Due from Banks |
$6,383,265 |
$13,432,096 |
Investment Securities |
180,672,708 |
132,223,546 |
Federal Funds Sold |
0 |
0 |
Loans |
387,691,060 |
374,017,416 |
Allowance for Loan & Lease Losses |
(5,835,000) |
(5,400,000) |
Net Loans |
381,856,060 |
368,617,416 |
Bank Premises & Equipment |
10,544,006 |
10,665,484 |
Other Assets |
8,368,391 |
7,231,161 |
Total Assets |
$587,824,430 |
$532,169,703 |
Liabilities |
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Deposits |
|
|
NOW & Demand Deposit Accounts |
$158,610,774 |
$132,711,556 |
Time Deposits |
202,768,627 |
184,418,342 |
Other Deposits |
87,724,034 |
75,753,281 |
Total Deposits |
449,103,435 |
392,883,179 |
Borrowed Funds* |
74,919,448 |
78,686,597 |
Other Liabilities |
4,567,621 |
5,788,594 |
Total Liabilities |
528,590,504 |
477,358,370 |
Reserves & Undivided Profits |
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General Reserves |
4,978,748 |
4,978,748 |
Undivided Profits |
52,654,897 |
47,079,708 |
Accumulated Other Comprehensive Income |
1,600,281 |
2,752,877 |
Total Reserves & Undivided Profits |
59,233,926 |
54,811,333 |
Total Liabilities & Reserves |
$587,824,430 |
$532,169,703 |
Memorandum: Letters of Credit Outstanding not included in the above figures |
$1,671,047 |
$454,642 |
* Federal Home Loan Bank Advances |
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