Holbrook Cooperative Bank

Holbrook Cooperative Bank

 

HOLBROOK COOPERATIVE BANK

BALANCE SHEET

April 30, 2009

(DOLLARS IN THOUSANDS)

ENDING BALANCES

APRIL 2009

APRIL 2008

CASH & DUE FROM BANKS

$1,717

$1,641

SHORT TERM INVESTMENTS

    38

   108

INVESTMENTS-COST

   11,000

   10,672

MARKET VALUE ADJ.

 

      125

     39

INVESTMENTS-TOTAL

   11,125

   10,711

LOANS:

RESIDENTIAL

   23,862

   25,574

COMMERCIAL

   71,459

   65,682

OTHER

     659

     671

TOTAL

   95,980

   91,927

ALLOWANCE FOR LOAN LOSSES

   (2,064)

   (1,505)

NET LOANS

   93,916

   90,422

PREMISES AND EQUIPMENT

    3,975

   3,183

OTHER

    2,891

   2,111

TOTAL

  113,662

  108,176

DEPOSITS:

DEMAND

    7,901

   7,508

NOW

   10,570

   9,432

MONEY MARKET

   12,430

   10,505

SAVINGS

   17,049

   15,974

CD'S

   51,117

   50,331

TOTAL

   99,067

   93,750

BORROWED FUNDS

    5,260

   5,335

OTHER

     438

     395

EQUITY

    8,815

   8,670

MARKET VALUE ADJ, NET OF TAX

      82

 

     26

 

 

TOTAL

 

 

 

  $113,662

 

 $108,176

 

 

 

 

 

 

 

 

 

 

 

AUDITED FINANCIAL STATEMENTS, WITH FOOTNOTES, ARE AVAILABLE UPON REQUEST.

AT MAIN OFFICE-95 N. FRANKLIN ST., HOLBROOK MA.