Fraud & Security. What you need to know!

FM Fincorp Subsidiary Consolidated Statement of Condition

December 31, 2012 and December 31, 2011

ASSETS 2012 2011
Cash and Due From Banks $3,706,609 $2,992,818
Interest-Bearing Demand Deposits $38,305 $28,629
Federal Funds Sold - $8,536,000
Cash and Cash Equivalents $3,744,915 $11,557,447
Interest-Bearing Time Deposits $100,000 $100,000
Available For Sale $53,232,912 $40,531,416
Loans, Net of Allowance for Loan Losses $56,198,671 $54,579,133
Premises and Equipment $2,809,849 $2,903,776
Federal Home Loan Bank Stock $324,500 $324,500
Interest Receivable $502,089 $513,840
Life Insurance Contracts $2,439,560 $1,760,070
Other Assets-Including Investment in Subsidiaries $376,170 $350,217
     
Total Assets $119,728,665 $112,620,396
     
     
Noninterest Bearing $13,498,801 $12,845,586
Interest Bearing $92,888,607 $88,811,403
Total Deposits $106,387,408 $101,656,989
Short-Term Borrowings $1,160,000 -
Long-Term Debt - -
Interest Payable $23,331 $34,071
Other Liabilities $585,191 $544,709
     
Total Liabilities $108,155,930 $102,235,769
     
Common Stock $230,100 $230,100
Capital Surplus $850,000 $850,000
Retained Earnings $9,760,596 $8.729,980
Accumulated Other Comprehensive Income (loss) $732,039 $574,547
     
Total Stockholders' Equity $11,572,735 $10,384,627
     
Total Liabilities and Stockholders' Equity $119,728,665 $112,620,396