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Statement of Condition

(in thousands) as of December 31

ASSETS: 2010   2009   2008   2007   2006
                   
Cash & Due from Banks $3,018   $3,649   $3,515   $5,414   $5,439
Securities $106,275   $125,033   $175,361   $192,536   $160,667
Gross Loans $172,921   $169,557   $153,325   $118,201   $123,347
Less Reserves for Loan Losses ($5,278)   ($5,449)   ($5,933)   ($1,502)   ($1,634)
Federal Funds Sold $3,063   $3,256   $0   $1,268   $0
Bank Building, Furniture/Fixtures $2,564   $2,861   $1,066   $1,138   $1,280
Other Assets $9,158   $9,850   $10,948   $9,674   $9,179
             
Total Assets $291,721   $308,757   $338,282   $326,729   $298,278
                   
LIABILITIES and EQUITY:                  
                   
Deposits $195,778   $203,102   $188,711   $187,070   $181,000
Purchased Funds $71,282   $54,000   $94,500   $101,473   $82,561
Other Liabilities $1,748   $1,939   $2,154   $2,219   $2,060
                 
Total Liabilities $268,808   $259,041   $285,365   $290,762   $265,621
                 
Common Stock $1,200   $1,200   $1,200   $1,200   $1,200
Surplus $6,466   $18,335   $18,335   $18,335   $18,335
Undivided Profits $15,700   $10,138   $10,180   $16,449   $14,954
Unrealized Gain(Loss) on Securites ($453)   ($6,887)   ($186)   $488   ($1,427)
                 
Total Equity $22,913   $22,786   $29,529   $36,472   $33,062
                 
TOTAL LIABILITIES & EQUITY $291,721   $281,827   $314,894   $327,234   $298,683

 

 

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Durand (715) 672-4237 • Eau Claire (715) 833-1884 • River Falls (715) 426-6600 • Toll Free (888) 254-0615

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