|
|
|
|
Windsor
Federal Savings,
MHC and Subsidiaries
Consolidated
Balance Sheets March 31, 2007 and 2006
|
|
ASSETS
|
2007
|
2006
|
| Cash
and Due From Banks |
$6,512,242 |
$4,917,983 |
| Federal
Funds Sold |
11,235,000 |
7,137,000 |
| Federal
Home Loan Bank Overnight Deposits |
210,966 |
200,898 |
| Interest
Bearing Demand Deposits with Other Banks |
185,199 |
185,378 |
| Money
Market Mutual Funds |
1,915,523 |
1,205,382 |
|
Cash
and Cash Equivalent
|
20,058,930 |
13,646,641 |
| Interest-Bearing
Time Deposits |
5,025,857 |
1,500,000 |
| Investments
in Available-For-Sale Securities (at fair value) |
55,056,582 |
63,774,675 |
| Investments
in Held-To-Maturity Securities (fair values of
$1,519,500 as of March 31, 2007 and $1,711,809 as of
March 31, 2006) |
1,506,225 |
1,692,049 |
| Federal
Home Loan Bank Stock, at Cost |
1,153,400 |
1,153,400 |
| Loans
Held-For-Sale |
196,000 |
285,000 |
| Loans,
Net |
185,807,503 |
165,222,098 |
| Bank
Owned Life Insurance |
5,093,411 |
4,454,573 |
| Premises
and Equipment |
2,876,821 |
2,818,535 |
| Core
Deposit Intangible and Goodwill |
2,224,345 |
2,422,495 |
| Accrued
Interest Receivable |
1,090,316 |
998,181 |
| Deferred
Income Tax Assets, Net |
1,243,361 |
1,308,140 |
| Other
Assets |
859,749 |
922,899 |
|
TOTAL
ASSETS
|
$282,192,500 |
$260,198,686 |
| LIABILITIES
AND EQUITY |
|
|
| DEPOSITS: |
|
|
| Non
Interest-Bearing |
$
32,372,449 |
$
27,191,951 |
| Interest-Bearing |
198,999,276 |
194,847,136 |
| Total
Deposits |
231,371,725 |
222,039,087 |
| Customer
Repurchase Agreements |
12,041,118 |
3,653,720 |
| Federal
Home Loan Bank Advances |
8,962,000 |
8,962,000 |
| Due
to Broker |
1,015,993 |
- |
| Other
Liabilities |
1,617,167 |
1,076,696 |
| Total
Liabilities |
255,008,003 |
235,731,503 |
| EQUITY: |
|
|
| Retained
Earnings |
27,980,403 |
25,712,643 |
| Accumulated
Other Comprehensive Loss |
(795,906) |
(1,245,460) |
| Total
Equity |
27,184,497 |
24,467,183 |
|
TOTAL
LIABILITIES AND EQUITY
|
$282,192,500 |
$260,198,686 |
|
|
Equal
Housing Lender