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About Us: Report of Condition
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Condensed Statement of Condition |
Septbember
30, 2008 |
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ASSETS
|
|
Cash and Due from Banks
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$ 5,316,781 |
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Securities
|
40,011,538
|
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Fed Funds Sold
|
0 |
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Loans and Leases
|
127,925,680
|
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LESS: Allowance for Losses
|
(
1,254,531) |
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Premises/Fixed Assets
|
7,972,200
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Other Assets
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22,307,138
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Total Assets
|
$ 202,278,806
|
|
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LIABILITIES
& EQUITY
|
|
Deposits
|
$ 149,503,994
|
|
Securities Sold & Agreement to Repurchase
|
2,295,871
|
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Other Borrowings |
18,360,855 |
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Other Liabilities
|
1,254,789
|
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Total Liabilities
|
$
171,415,509
|
|
|
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Common Stock
|
482,000
|
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Surplus
|
29,518,000
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Retained Earnings
|
(84,067)
|
| Accumulated
other comprehensive income
|
947,364
|
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Total Equity Capital
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$ 30,863,297
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Total Liabilities & Equity Capital
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$ 202,278,806
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SENIOR
OFFICERS
Larry W. Smith
Chief Executive Officer
Gregg Bigham
Corporate President
Betty Scarborough
SVP, Cashier & CFO
Terri Daniels
EVP & Community Bank President - Sallisaw
Lance Smith
SVP & Community Bank President - Roland
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DIRECTORS
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Larry Smith
Chairman & CEO
Terri Daniels
Bob Doss
Todd Martin
Jeff Roberts
Betty
Scarborough
Fourth Scoufos
Lance Smith
Mike Leonard
Chairman of FMFC |
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