Statement of Condition

Statement of Condition after close of business December 31, 2013.

ASSETS

Mortgage Loans & Other Liens on Real Estate
$47,554,351.23
All Other Loans
$1,210,436.16
Real Estate Owned and in Judgment & Repossessed Assets
$428,426.65
Loans and Contracts Made to Facilitate Sale of Real Estate
$0.00
Cash on Hand and in Bank
$8,260,392.75
Investments and Securities $4,092,809.38
Fixed Assets Less Depreciation
$3,341,257.44
Deferred Charges and Other Assets
$3,786,072.43
TOTAL ASSETS $68,673,746.04

 

LIABILITIES AND NET WORTH

Checking, PB Savings, Certificate of Deposit, and IRA Accounts
$59,742,218.24
Advance from FHLB $250,000.00
Other Borrowed Money
$0.00
Loans in Process
$0.00
Other Liabilities
$1,745,330.76
Specific Reserves $0.00
General Reserves
$1,500,372.36
Unrealized Gain (Loss)
($430,910.34)
Surplus
$5,866,735.02
TOTAL LIABILITIES AND NET WORTH $68,673,746.04

THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC), AN AGENCY OF THE UNITED STATES GOVERNMENT, INSURES ALL DEPOSITORS’ SAVINGS UP TO $250,000.00 IN ACCORDANCE WITH ITS RULES AND REGULATIONS.

I, Karen H. White, Treasurer/CFO, of the above named savings bank, do hereby declare that this statement of Condition has been prepared in comformance with the instructions issued by the Office of Comptroller of the Currency, and is true to the best of my knowledge and belief.

Karen H. White, Treasurer/CFO

COUNTY OF BROWN, STATE OF OHIO:
Before me, Nancy J. Linkous, a Notary Public in Brown County, Ohio personally appeared Karen H. White, who being duly sworn this 15th day of January, 2014 says the above statement is true and acknowledges her signature thereto.

Nancy J. Linkous, Notary Public
My commision expires February 07, 2015

Copies of the annual audited financial statement are available to the public at the home office located at 1006 South Second Street, Ripley, Ohio