|
 |
Investor Relations
Bank of Evansville, N.A.
Balance Sheets
|
March 31,
2004 |
December 31,
2003 |
March 31,
2003 |
|
| ASSETS |
|
| Cash and due from banks |
$3,073,824 |
$4,862,221
|
$2,343,252
|
| Interest bearing balances with banks |
1,450,000
|
2,454,940
|
-
|
| Federal funds sold |
2,050,000
|
2,690,000
|
3,752,000
|
| Total cash and cash equivalents |
6,573,824
|
10,007,161
|
6,095,252
|
| Securities available for sale, at fair value |
16,143,825
|
14,685,496
|
7,664,537
|
| Nonmarketable equity securities |
626,600
|
586,600
|
448,350
|
Loans, net of allowance for loan losses of
$1,638,500, $1,498,000 and $1,197,000 |
108,881,279
|
97,400,525
|
78,045,826
|
| Premises and equipment |
5,627,251
|
5,663,967
|
5,483,959
|
| Other assets |
1,618,728
|
609,004
|
527,889
|
| Total assets |
$139,471,507
|
$128,952,753
|
$98,265,813
|
|
| LIABILITIES AND STOCKHOLDERS' EQUITY |
| LIABILITIES: |
| Deposits |
| Non-interest bearing |
$13,903,197
|
$13,471,364
|
$7,526,517
|
| Interest bearing |
111,755,780
|
102,035,140
|
80,826,538
|
| Total deposits |
125,658,977
|
115,506,504
|
88,353,055
|
| Accrued expenses and other liabilities |
425,687
|
265,374
|
443,643
|
| Total liabilities |
126,084,664
|
115,771,878
|
88,796,698
|
|
| STOCKHOLDERS' EQUITY |
| Common stock, $5.00 par value, 3,000,000 shares authorized; shares issued and outstanding 1,499,042 at March 31, 2004 and December 31, 2003; 1,163,708 at March 31, 2003 |
7,495,210 |
7,495,210 |
5,818,540 |
| Surplus |
7,024,667 |
7,024,667 |
5,147,083 |
| Accumulated deficit |
(1,214,957) |
(1,362,304) |
(1,610,108) |
| Accumulated other comprehensive income |
108,923 |
23,302 |
113,600 |
| Total shareholders' equity |
13,386,843
|
13,180,875
|
9,469,115
|
| Total liabilities and shareholders' equity |
$139,471,507
|
$128,952,753
|
$98,265,813
|
|
|
