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Statement of Condition

(in thousands) as of December 31

ASSETS: 2011   2010   2009   2008   2007
                   
Cash & Due from Banks $7,987   $3,018   $3,649   $3,515   $5,414
Securities $127,319   $106,275   $125,033   $175,361   $192,536
Gross Loans $169,595   $172,921   $169,557   $153,325   $118,201
Less Reserves for Loan Losses ($4,861)   ($5,278)   ($5,449)   ($5,933)   ($1,502)
Federal Funds Sold $3,860   $3,063   $3,256   $0   $1,268
Bank Building, Furniture/Fixtures $2,920   $2,564   $2,861   $1,066   $1,138
Other Assets $8,481   $9,158   $9,850   $10,948   $9,674
             
Total Assets $315,301   $291,721   $308,757   $338,282   $326,729
                   
LIABILITIES and EQUITY:                  
                   
Deposits $213,830   $195,778   $203,122   $188,749   $187,105
Purchased Funds $66,239   $71,282   $82,185   $118,427   $101,473
Other Liabilities $2,145   $1,748   $1,939   $2,162   $2,218
                 
Total Liabilities $282,214   $268,808   $287,246   $309,338   $290,796
                 
Common Stock $1,200   $1,200   $1,200   $1,200   $1,200
Surplus $18,335   $18,335   $18,335   $18,335   $18,335
Undivided Profits $11,364   $3,831   $8,862   $9,595   $15,910
Unrealized Gain(Loss) on Securites $2,188   ($453)   ($6,886)   ($186)   $488
                 
Total Equity $33,087   $22,913   $21,511   $28,944   $35,933
                 
TOTAL LIABILITIES & EQUITY $315,301   $291,721   $308,757   $338,282   $326,729

 

 

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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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