FM Fincorp Subsidiary Consolidated Statement of Condition

December 31, 2016 and December 31, 2015


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Assets 
2016
2015
Cash and Due From Banks
$2,212,973
$4,015,180
Interest-Bearing Demand Deposits
$94,546
$84,075
Federal Funds Sold
$3,929,000
$3,244,000
TOTAL CASH AND CASH EQUIVALENTS
$6,236,519
$7,343,255
Interest-Bearing Time Deposits
$4,031,620
$100,000
Available For Sale
$40,868,343
$38,689,985
Loans, Net of Allowance for Loan Losses
$80,875,470
$71,324,073
Premises and Equipment
$2,721,367
$2,504,048
Federal Home Loan Bank Stock
$291,000
$291,000
Interest Receivable
$591,246
$557,006
Life Insurance Contracts
$2,756,933
$2,682,437
Other Assets - Including Investment in Subsidiaries
$168,612
$152,588
TOTAL ASSETS
$138,541,110
$123,644,393





Deposits

2016

2015
Noninterest Bearing
$18,671,247
$18,235,069
Interest Bearing
$104,552,168
$90,644,445
TOTAL DEPOSITS
$123,223,415
$108,879,513





Liabilities

2016

2015
Short-Term Borrowings
-
-
Long-Term Debt
-
-
Interest Payable
$9,879
$9,108
Other Liabilities
$812,015
$740,748
TOTAL LIABILITIES
$124,045,310
$109,629,369





Stockholder's Equity

2016

2015
Common Stock
$230,100
$230,100
Capital Surplus
$850,000
$850,000
Retained Earnings
$13,906,364
$12,760,004
Accumulated Other Comprehensive Income (loss)
($490,664)
$174,920
TOTAL STOCKHOLDER'S EQUITY
$14,495,800
$14,015,024





TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY
$138,541,110
$123,644,393