Page 1 - Golden Belt Bank

Morgan Federal
Morgan Federal Bank
Bank
Dollar figures in thousands Fort Morgan, CO Fort Morgan, CO
September 30, 2017 December 31,
2016
Assets and Liabilities
1 Total employees (full-time equivalent) 25 26
2 Total assets 106,297 113,379
10,024 7,037
3 Cash and due from depository institutions
Interest-bearing balances 9,342 6,388
4
37,665 46,614
5 Securities
Federal funds sold & reverse repurchase agreements 0 0
6
51,460 52,186
7 Net loans & leases
Loan loss allowance 365 365
8
Trading account assets 0 0
9
Bank premises and fixed assets 1,680 1,770
10
0 0
11 Other real estate owned
352 330
12 Goodwill and other intangibles
All other assets 5,116 5,442
13
14 Total liabilities and capital 106,297 113,379
Total liabilities 95,104 101,079
15
91,762 97,057
16 Total deposits
Interest-bearing deposits 75,161 81,559
17
Deposits held in domestic offices 91,762 97,057
18
% insured 80.07% 78.04%
19
Federal funds purchased & repurchase agreements 0 0
20
Trading liabilities 0 0
21
Other borrowed funds 1,684 3,318
22
Subordinated debt 0 0
23
All other liabilities 1,658 704
24
Total equity capital 11,193 12,300
25
11,193 12,300
26 Total bank equity capital
Perpetual preferred stock 0 0
27
Common stock 1 1
28
Surplus 9,274 9,271
29
Undivided profits 1,918 3,028
30
Noncontrolling interests in consolidated subsidiaries 0 0
31