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Presidential Bank, FSB

Consolidated Statement of Condition
Fiscal Year-End March 31, 2015

Cash and cash equivalents $62,082,739
Federal funds sold 912,296
Investment securities - available-for-sale  56,318,878
Mortgage loans held for sale 133,048,322
Loans receivable, net 284,732,542
Accrued interest receivable 1,783,495
Federal Home Loan Bank stock, at cost 530,600
Bank premises and equipment, net 2,382,702
Deferred income taxes 2,699,562
Income taxes receivable 178,454
Other real estate owned, net 4,081,058
Bank-owned life insurance 10,060,413
Other assets 6,472,537
Total assets $565,283,598
Liabilities and Equity
Deposits $494,668,226
Mortgage funding and cashiers' checks outstanding 2,817,385
Advance payments from borrowers for taxes and insurance 1,616,315
Accrued expenses and other liabilities 14,599,219
Total liabilities $513,701,145
Shareholders' equity
Capital stock ($1.00 par value) 428,829
Additional paid-in capital 6,381,193
Retained earnings 43,031,939
Accumulated other comprehensive loss 494,976
Total shareholders' equity $50,336,937
Non-controlling Interests 1,245,516
Total equity 51,582,453
Total liabilities and equity $565,283,598


Last Modifications: 10/22/2015 12:05:22 PM