|
|
|
|
Financial Statement as of December 31, 2007
|
|
Assets
|
| First Mortgage Loans |
$188,379,598
|
| Home
Equity Loans |
14,861,665
|
Mobile
Home Loans
|
16,062,861
|
Commercial
Loans
|
18,798,103
|
Loans
on Savings Accounts
|
752,301
|
Other
Installment Loans
|
47,667
|
Cash
on Hand and in Bank
|
12,275,992
|
| Investments
and Securities |
40,579,351
|
| Federal
Home Loan Bank Stock |
1,100,500
|
| Office
Buildings and Equipment, net |
4,627,578
|
| Other
Assets |
1,473,554
|
| Total Assets |
$298,959,170
|
|
|
Liabilities
|
| Savings
and Checking Accounts |
$252,641,679
|
| Advance
from Federal Home Loan Bank |
13,000,000
|
| Advance
Payments by Borrowers |
858,585
|
| Other
Liabilities |
2,025,396
|
| Net
Market Value of Investments |
209,545
|
| Net
Worth |
30,223,965
|
| Total Liabilities and Net Worth |
$298,959,170
|
| |
