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The State Bank of Cherry

Locally Owned and Operated
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 Assets & Liabilities (As of: December 31, 2013)
 
Assets 12/31/13
Cash and balances due from depository institutions  
  Non interest bearing balances and currency and coin

$    7,672,000

        Interest bearing balances

$    6,683,000

Securities:

 

  Available-for-sale securities

$  46,515,000

Federal funds sold and securities purchased under agreements to resell

$                0

Loans and lease financing receivables:  
  Loans and leases, net of unearned income

$  31,837,000

  LESS: Allowance for loan and lease losses

$       425,000

  Loans and leases, net of unearned income and allowance

$  31,412,000

Premises and fixed assets (including capitalized leases)

$        51,000

Other assets

  $     418,000

Total assets

$ 92,751,000


Liabilities 12/31/13
Deposits:  
  In domestic offices

$ 82,785,000

    Non interest-bearing

$  17,443,000

    Interest-bearing

$  65,342,000

Federal funds purchased and securities sold under agreements to repurchase

0

Other liabilities

$       112,000

Total liabilities

$  82,897,000


Equity Capital 12/31/13
  Common Stock

$      338,000

  Surplus

$   1,913,000

  Retained Earnings

$   7,648,000

  Accumulated other comprehensive income (loss)

$      -45,000

Total equity capital

$   9,854,000

   
Total liabilities, minority interest, and equity capital

$ 92,751,000