Financial Information

Assets12/31/20163/31/2017
Cash and cash equivalents$17,942$39,894
Securities available for sale$51,191$53,748
Loans$356,686$346,178
Less: Reserve for possible loan losses($6,455)($6,464)
Net Loans$350,231$339,714
Bank premises and equipment$8,116$8,058
Other assets$7,458$7,608
Total assets$434,938$449,022
Liabilities12/31/20163/31/2017
Deposits
Non-interest bearing$12,240$6,099
Interest bearing$378,916$396,451
Total deposits$391,156$402,550
Borrowed funds$985$969
Other liabilities$1,657$1,576
Total liabilities$393,798$405,096
Shareholders' equity12/31/163/31/2017
Common stock$840$840
Paid-in capital$18,812$18,811
Accumulated other comprehensive income($1,276)($960)
Retained Earnings$22,764$25,235
Total shareholders' equity$41,140$43,926
Total liabilities and shareholders' equity$434,938$449,022