Statement of Condition

 Statement of Condition of
FIRST NATIONAL BANK OF MOOSE LAKE
as of December 31, 2013
 
 ASSETS
Cash on Hand & Due from Banks                                                       5,526,000
U.S. Treasury and Agency Securities                                                  3,816,000
Municipal Securities                                                                           4,622,000
Federal Reserve Bank, U.B.B. and F.H.L.B. Stock                                   537,000  
Federal Funds Sold                                                                            4,250,000
Loans                                                                                              54,973,000
Allowance for Loan Loses                                                                    (604,000)
Bank Premises, Furniture and Fixtures                                                 271,000
Other Assets                                                                                       520,000

TOTAL ASSETS……………………………………………………73,911,000

 

 

LIABILITIES AND CAPITAL

Capital Stock                                                                                       150,000
Surplus                                                                                              150,000
Retained Earnings                                                                            8,962,000
Unrealized Gains (losses) on Securities                                               25,000
Total Capital                                                                                     9,287,000
Deposits                                                                                        64,386,000
Other Borrowed Money                                                                           -0-
Other Liabilities                                                                                 238,000

TOTAL LIABILITIES and CAPITAL ……………………………………73,911,000 

 

Annual Disclosure Statement is available upon request.