2009 Annual Report

[2010 Six Month Statement] [2009 Executive Summary] [2009 Statement of Income] [2009 Statement of Condition]

STATEMENT OF CONDITION

Bath Savings Institution & Subsidiary

December 31, 2009 and 2008

 
2009
2008

Assets
Cash & Balances Due from Banks

$13,432,096

$8,625,251
Investment Securities

132,223,546

112,808,360
Federal Funds Sold

0

0
Loans

374,017,416

361,380,300

Allowance for Loan & Lease Losses

(5,400,000)

(3,985,000)
Net Loans

368,617,416

357,395,300
Bank Premises & Equipment

10,665,484

10,932,987
Other Assets

7,231,161

5,602,475
Total Assets

$532,169,703

$495,364,373

Liabilities
Deposits

 

 

NOW & Demand Deposit Accounts

$132,711,556

$114,788,820

Time Deposits

184,418,342

187,178,479

Other Deposits

75,753,281

59,037,649
Total Deposits

392,883,179

361,004,948
Borrowed Funds*

78,686,597

80,051,258
Other Liabilities

5,788,594

6,001,459
Total Liabilities

477,358,370

447,057,665

Reserves & Undivided Profits

General Reserves

4,978,748

4,978,748

Undivided Profits

47,079,708

42,612,650

Accumulated Other Comprehensive Income

2,752,877

715,310
Total Reserves & Undivided Profits

54,811,333

48,306,708
Total Liabilities & Reserves

$532,169,703

$495,364,373

Memorandum: Letters of Credit Outstanding not included in the above figures

$454,642

$547,633

* Federal Home Loan Bank Advances