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Financial Statement

 

 
  At the Close of Business December 31, 2010    
             
  Assets    
           
  Cash and Due From Banks   $2,628,000    
  Securities     11,476,000    
  Federal Funds Sold     1,225,000    
  Loans   $19,880,000      
       Less: Allowance for Bad Debts 265,000      
  Net Loans     19,615,000    
  Premises and Fixed Assets   1,817,000    
  Other Assets     5,502,000    
      Total  $         42,263,000    
             
  Liabilities and Capital    
           
  Deposits     $33,103,000    
  Other Liabilities     798,000    
  Capital Stock     800,000    
  Surplus     1,702,000    
  Undivided Profits   $5,715,000      
       Unrealized Gain/Loss on Available- 146,000      
                For-Sale Securities        
  Total Undivided Profits     5,861,000    
      Total  $         42,264,000    
  NET INCOME FOR 2009                  $300,431        
           
Directors Officers                    
           
Frank Breazeale Lee Haggard Lee Haggard President/CEO Crystal Clegg Banking Officer  
George Dodd Sam Satterwhite Wanda Nix Vice President Debra Lafayette Banking Officer  
Gaston DeBerry Dr. Andy Glaze Tracy Grigsby Vice President/Cashier      
Steve Dean Kelly Stretcher Jodie Stark VP/Branch Manager    
Tom Cook Steve Williams, Chairman Pam Sims AVP/Asst. Branch Manager  
             
           
P.O. Box 70, Ore City, TX 75683/P.O. Box 30, Diana, TX 75640  
             

Ore City

Diana Jefferson, LPO Telebank Internet    

968-2310

663-2223 665-7777 968-6405 www.ssborecity.com    
 
           
 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                 

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