About Us: Report of Condition
Condensed Statement of Condition 

Septbember 30, 2008

 

ASSETS

Cash and Due from Banks  $       5,316,781 
Securities  40,011,538
Fed Funds Sold  0
Loans and Leases  127,925,680
LESS: Allowance for Losses  (    1,254,531)
Premises/Fixed Assets  7,972,200
Other Assets  22,307,138
Total Assets  $    202,278,806
LIABILITIES & EQUITY
Deposits  $   149,503,994
Securities Sold & Agreement to Repurchase  2,295,871
Other Borrowings 18,360,855
Other Liabilities  1,254,789
Total Liabilities  $ 171,415,509 
Common Stock  482,000
Surplus  29,518,000
Retained Earnings  (84,067)
Accumulated other comprehensive income 947,364
Total Equity Capital  $   30,863,297
Total Liabilities & Equity Capital $ 202,278,806

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

DIRECTORS 

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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