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Financial Condition

JUNE 30, 2007

ASSETS
Cash & Demand Deposits $ 6,079,875.48
Investments 9,479,222.37
Mortgage Backed Securities 155,835,639.41
First Mortgage Loans 459,886,863.50
Other Loans 20,062,676.95
FHLB Stock 3,320,700.00
Building & Equipment 5,926,073.50
Owned Real Estate 0.00
Other Assets 14,168,107.14
TOTAL ASSETS $674,759,158.35
   
LIABILITIES AND NET WORTH
Deposits $555,947,258.36
FHLB Advances 45,000,000.00
Other Borrowings 0.00
Other Liabilities 3,689,012.82
Net Worth 70,122,887.17
TOTAL LIABILITIES & NET WORTH $674,759,158.35

 

The SAIF, an agency of the US Government, insures all depositors' savings up to $100,000 in accordance with the rules and regulations of the FDIC.



  
 
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