Statement of Condition
The Bank of Cave City submitted the following information on the FFIEC’s Report of Condition on December 31, 2017. The numbers indicate a strong and strengthening capital position consistent with the bank’s long history of providing customers both with a safe and secure place to deposit their money and with a ready and reliable source of loanable funds for growth and development.
| 31 December 2017 | |
| Assets | |
| Cash and Balances Due From Banks | $7,823,000 |
| Loans | $69,331,000 |
| Securities Investments | $18,058,000 |
| Fed Funds Sold | $4,500,000 |
| Property and Equipment | $4,237,000 |
| Goodwill | 156,000 |
| Other Assets | $5,789,000 |
| Total Assets | $109,894,000 |
| Liabilities | |
| Deposits | $90,996,000 |
| FHLB Advances | $7,034,000 |
| Fed Funds Purchased | $0 |
| Other Liabilities | $2,118,000 |
| Total Liabilities | $100,148,000 |
| Capital | |
| Common Stock | $100,000 |
| Capital Surplus | $2,568,000 |
| Retained Earnings | $7,406,000 |
| Unrealized Gain/Loss on AFS Securities | -$327,000 |
| Total Capital | $9,747,000 |
| Total Liabilities & Capital | $109,895,000 |
