American Bank - Fond du Lac branch

Annual Report

Condensed Statement of Condition

In Thousands of Dollars

Assets:
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash and Due from Banks
$26,509
$26,802
$29,586
U.S. Government Securities
$25,275
$20,479
$22,762
Obligation of State & Political Subdivisions
$43,000
$43,038
$37,508
Other Securities
$408
$408
$408
Federal Funds Sold and Securities
Purchased under Agreement to Resell
$21,000
$43,000
$15,000
Loans
$141,055
$125,476
$121,838
Less Reserve for Loan Losses
$4,506
$4,445
$4,473
Net Loans
$136,549
$121,031
$117,365
Fixed Assets
$260
$498
$779
Other Assets
$9,928
$7,779
$5,845
TOTAL ASSETS
$262,929
$263,035
$229,253
Liabilities:
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Demand Deposits
$52,185
$50,877
$45,463
Time Deposits
$149,838
$139,411
$124,361
Federal Funds Purchased and
Securities Under Agreement to Repurchase
$8,903
$21,783
$13,105
Interest-Bearing Demand Notes
(Notes Balances) Issued by U.S. Treasury
$0
$0
0
Other Liabilities
$3,312
$4,031
$3,793
TOTAL LIABILITIES
$214,238
$216,102
$186,722

 

Capital Accounts:
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Common Stock [($1,500.00) Par Value]
$300
$300
$300
Surplus
$12,200
$12,200
$12,200
Undivided Profits
$36,020
$33,018
$28,575
Net Unrealized Holding Gains (Losses)
$171
$1,415
$1,456
Total Capital Accounts
$48,691
$46,933
$42,531
Total Liabilities and
Capital Accounts
$262,929
$263,035
$229,253
Income Statement:
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Earning Asset Income
$7,845
$7,912
$8,106
Interest Expense
$570
$717
$950
Net Interest Revenue
$7,275
$7,195
$7,156
Other Operating Revenue
$2,362
$4,979
$2,388
Other Operating Expense (Net)
$5,321
$5,377
$5,503
Income Before Taxes
$4,317
$6,797
$4,041
Net Income
$3,001
$4,444
$2,730