<Company Name>

Consolidation Report (Service Industry)

<Date>

Model Key
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January February March April May June July August September October November December Annual
Profit and Loss Statement
Interest Income
Loans, including fees $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $36,000,000
Interest on federal funds sold 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest and dividends on investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Taxable 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 18,000,000
Nontaxable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 3,600,000
Total Interest Income $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $4,800,000 $57,600,000

Interest Expense
Interest on deposits $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $43,200,000
Interest on other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Interest Expense $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $3,600,000 $43,200,000

Net Interest Income Before Credit Loss Provision

$1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Interest Income $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000

Noninterest Income
Service charges $600,000 $600,000 $600,000 $600,000 $600,000 $600,000 $600,000 $600,000 $600,000 $600,000 $600,000 $600,000 $7,200,000
Product revenue (not fee-related) 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 5,400,000
Loan placement fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 375,000 375,000 375,000 375,000 375,000 375,000 375,000 375,000 375,000 375,000 375,000 375,000 4,500,000
Gain on sale of other real estate owned 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,800,000
Gain on sale of fixed assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 900,000
Total Noninterest Income $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $1,650,000 $19,800,000

Noninterest Expense
Salaries and employee benefits $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $10,800,000
Occupancy 360,000 360,000 360,000 360,000 360,000 360,000 360,000 360,000 360,000 360,000 360,000 360,000 4,320,000
Equipment 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,800,000
Data processing 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,800,000
Professional fees 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 900,000
Director fees 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 900,000
Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Litigation 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 900,000
Total Noninterest Expense $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $1,785,000 $21,420,000

Pretax Income $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $1,065,000 $12,780,000

Taxes on Income 135,000 135,000 135,000 135,000 135,000 135,000 135,000 135,000 135,000 135,000 135,000 135,000 1,620,000

Net Income (Loss) $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $11,160,000
Balance Sheet
Cash and Cash Equivalents
Cash and due from banks $930,000 $1,860,000 $2,790,000 $3,720,000 $4,650,000 $5,580,000 $6,510,000 $7,440,000 $8,370,000 $9,300,000 $10,230,000 $11,160,000 $11,160,000
Federal funds sold and securities purchased 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000
Total Cash and Cash Equivalents $1,680,000 $2,610,000 $3,540,000 $4,470,000 $5,400,000 $6,330,000 $7,260,000 $8,190,000 $9,120,000 $10,050,000 $10,980,000 $11,910,000 $11,910,000

Securities
Securities available for sale $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000
Securities held to maturity 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Total Investment Securities $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000

Loans
Loans and leases $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000
Unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Allowance for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Loans $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000

Other Assets
Accrued interest receivable $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000
Premises and equipment 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000
Other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash surrender value of life insurance 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000
Net amortized assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred income taxes 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Other Assets $450,000 $450,000 $450,000 $450,000 $450,000 $450,000 $450,000 $450,000 $450,000 $450,000 $450,000 $450,000 $450,000

Total Assets $6,630,000 $7,560,000 $8,490,000 $9,420,000 $10,350,000 $11,280,000 $12,210,000 $13,140,000 $14,070,000 $15,000,000 $15,930,000 $16,860,000 $16,860,000
Deposits
Noninterest bearing $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000
Interest bearing 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Total Deposits $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000 $3,000,000

Liabilities
Federal funds purchased and securities sold $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000
Other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Accounts payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000

Equity
Common stock $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000
Preferred stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Additional paid-in capital 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained earnings 930,000 1,860,000 2,790,000 3,720,000 4,650,000 5,580,000 6,510,000 7,440,000 8,370,000 9,300,000 10,230,000 11,160,000 11,160,000
Unearned employee stock option shares 0 0 0 0 0 0 0 0 0 0 0 0 0
Accumulated other comprehensive income 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Equity $3,330,000 $4,260,000 $5,190,000 $6,120,000 $7,050,000 $7,980,000 $8,910,000 $9,840,000 $10,770,000 $11,700,000 $12,630,000 $13,560,000 $13,560,000

Total Liabilities and Equity $6,630,000 $7,560,000 $8,490,000 $9,420,000 $10,350,000 $11,280,000 $12,210,000 $13,140,000 $14,070,000 $15,000,000 $15,930,000 $16,860,000 $16,860,000
Statement of Cash Flow
Operating Activities
Net income $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $11,160,000
Adjustments to reconcile net earnings to cash provided
by operating activities
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation and amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in income taxes payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accounts payable and accrued liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Write-down of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in surrender value of life insurance 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Operating Activities $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $11,160,000

Investing Activities
Purchase of available-for-sale securities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Redemption of other stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of held-to-maturity securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Net increase in loans 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Investing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Financing Activities
Increase in demand and savings account $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Increase in certificates of deposit 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in federal funds purchased 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0
Employee stock options exercised 0 0 0 0 0 0 0 0 0 0 0 0 0
Repurchase of common stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Payment of dividends 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Financing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Cumulative Cash Flow $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $930,000 $11,160,000

Beginning Cash Balance $0 $930,000 $1,860,000 $2,790,000 $3,720,000 $4,650,000 $5,580,000 $6,510,000 $7,440,000 $8,370,000 $9,300,000 $10,230,000
Ending Cash Balance $930,000 $1,860,000 $2,790,000 $3,720,000 $4,650,000 $5,580,000 $6,510,000 $7,440,000 $8,370,000 $9,300,000 $10,230,000 $11,160,000
<Company Name>
<Entity 1> Financial Statements
<Date>

January February March April May June July August September October November December Annual
Profit and Loss Statement
Interest Income
Loans, including fees $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $12,000,000
Interest on federal funds sold 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest and dividends on investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Taxable 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 6,000,000
Nontaxable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 1,200,000
Total Interest Income $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $19,200,000

Interest Expense
Interest on deposits $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000
Interest on other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Interest Expense $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000

Net Interest Income Before Credit Loss Provision

Net Interest Income Before Credit Loss Provision $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $4,800,000
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Interest Income $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $4,800,000

Noninterest Income
Service charges $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $2,400,000
Product revenue (not fee-related) 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,800,000
Loan placement fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 1,500,000
Gain on sale of other real estate owned 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Gain on sale of fixed assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Total Noninterest Income $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $6,600,000

Noninterest Expense
Salaries and employee benefits $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $3,600,000
Occupancy 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 1,440,000
Equipment 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Data processing 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Professional fees 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Director fees 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Litigation 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Total Noninterest Expense $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $7,140,000

Pretax Income $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $4,260,000

Taxes on Income 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 540,000

Net Income (Loss) $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000
Balance Sheet
Cash and Cash Equivalents
Cash and due from banks $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000 $3,720,000 $3,720,000
Federal funds sold and securities purchased 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
Total Cash and Cash Equivalents $560,000 $870,000 $1,180,000 $1,490,000 $1,800,000 $2,110,000 $2,420,000 $2,730,000 $3,040,000 $3,350,000 $3,660,000 $3,970,000 $3,970,000

Securities
Securities available for sale $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Securities held to maturity 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Total Investment Securities $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000

Loans
Loans and leases $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Allowance for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Loans $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000

Other Assets
Accrued interest receivable $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000
Premises and equipment 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash surrender value of life insurance 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Net amortized assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred income taxes 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Other Assets $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000

Total Assets $2,210,000 $2,520,000 $2,830,000 $3,140,000 $3,450,000 $3,760,000 $4,070,000 $4,380,000 $4,690,000 $5,000,000 $5,310,000 $5,620,000 $5,620,000
Deposits
Noninterest-bearing $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Interest-bearing 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Total Deposits $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000

Liabilities
Federal funds purchased and securities sold $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000
Other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Accounts payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000

Equity
Common stock $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000
Preferred stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Additional paid-in capital 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained earnings 310,000 620,000 930,000 1,240,000 1,550,000 1,860,000 2,170,000 2,480,000 2,790,000 3,100,000 3,410,000 3,720,000 3,720,000
Unearned employee stock option shares 0 0 0 0 0 0 0 0 0 0 0 0 0
Accumulated other comprehensive income 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Equity $1,110,000 $1,420,000 $1,730,000 $2,040,000 $2,350,000 $2,660,000 $2,970,000 $3,280,000 $3,590,000 $3,900,000 $4,210,000 $4,520,000 $4,520,000

Total Liabilities and Equity $2,210,000 $2,520,000 $2,830,000 $3,140,000 $3,450,000 $3,760,000 $4,070,000 $4,380,000 $4,690,000 $5,000,000 $5,310,000 $5,620,000 $5,620,000
Statement of Cash Flows
Operating Activities
Net income $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000
Adjustments to reconcile net earnings to cash provided
by operating activities
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation and amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in income taxes payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accounts payable and accrued liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Write-down of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in surrender value of life insurance 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Operating Activities $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000

Investing Activities
Purchase of available-for-sale securities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Redemption of other stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of held-to-maturity securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Net increase in loans 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Investing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Financing Activities
Increase in demand and savings accounts $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Increase in certificates of deposit 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in federal funds purchased 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0
Employee stock options exercised 0 0 0 0 0 0 0 0 0 0 0 0 0
Repurchase of common stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Payment of dividends 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Financing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Cumulative Cash Flow $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000

Beginning Cash Balance $0 $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000
Ending Cash Balance $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000 $3,720,000
<Company Name>
<Entity 2> Financial Statements
<Date>

January February March April May June July August September October November December Annual
Profit and Loss Statement
Interest Income
Loans, including fees $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $12,000,000
Interest on federal funds sold 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest and dividends on investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Taxable 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 6,000,000
Nontaxable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 1,200,000
Total Interest Income $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $19,200,000

Interest Expense
Interest on deposits $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000
Interest on other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Interest Expense $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000

Net Interest Income Before Credit Loss Provision

Net Interest Income Before Credit Loss Provision $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $4,800,000
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Interest Income $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $4,800,000

Noninterest Income
Service charges $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $2,400,000
Product revenue (not fee-related) 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,800,000
Loan placement fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 1,500,000
Gain on sale of other real estate owned 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Gain on sale of fixed assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Total Noninterest Income $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $6,600,000

Noninterest Expense
Salaries and employee benefits $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $3,600,000
Occupancy 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 1,440,000
Equipment 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Data processing 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Professional fees 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Director fees 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Litigation 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Total Noninterest Expense $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $7,140,000

Pretax Income $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $4,260,000

Taxes on Income 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 540,000

Net Income (Loss) $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000
Balance Sheet
Cash and Cash Equivalents
Cash and due from banks $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000 $3,720,000 $3,720,000
Federal funds sold and securities purchased 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
Total Cash and Cash Equivalents $560,000 $870,000 $1,180,000 $1,490,000 $1,800,000 $2,110,000 $2,420,000 $2,730,000 $3,040,000 $3,350,000 $3,660,000 $3,970,000 $3,970,000

Securities
Securities available for sale $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Securities held to maturity 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Total Investment Securities $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000

Loans
Loans and leases $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Allowance for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Loans $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000

Other Assets
Accrued interest receivable $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000
Premises and equipment 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash surrender value of life insurance 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Net amortized assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred income taxes 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Other Assets $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000

Total Assets $2,210,000 $2,520,000 $2,830,000 $3,140,000 $3,450,000 $3,760,000 $4,070,000 $4,380,000 $4,690,000 $5,000,000 $5,310,000 $5,620,000 $5,620,000
Deposits
Non-interest bearing $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Interest-bearing 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Total Deposits $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000

Liabilities
Federal funds purchased and securities sold $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000
Other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Accounts payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000

Equity
Common stock $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000
Preferred stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Additional paid-in capital 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained earnings 310,000 620,000 930,000 1,240,000 1,550,000 1,860,000 2,170,000 2,480,000 2,790,000 3,100,000 3,410,000 3,720,000 3,720,000
Unearned employee stock option shares 0 0 0 0 0 0 0 0 0 0 0 0 0
Accumulated other comprehensive income 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Equity $1,110,000 $1,420,000 $1,730,000 $2,040,000 $2,350,000 $2,660,000 $2,970,000 $3,280,000 $3,590,000 $3,900,000 $4,210,000 $4,520,000 $4,520,000

Total Liabilities and Equity $2,210,000 $2,520,000 $2,830,000 $3,140,000 $3,450,000 $3,760,000 $4,070,000 $4,380,000 $4,690,000 $5,000,000 $5,310,000 $5,620,000 $5,620,000
Statement of Cash Flows
Operating Activities
Net income $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000
Adjustments to reconcile net earnings to cash provided
by operating activities
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation and amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in income taxes payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accounts payable and accrued liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Write-down of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in surrender value of life insurance 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Operating Activities $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000

Investing Activities
Purchase of available-for-sale securities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Redemption of other stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of held-to-maturity securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Net increase in loans 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Investing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Financing Activities
Increase in demand and savings accounts $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Increase in certificates of deposit 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in federal funds purchased 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0
Employee stock options exercised 0 0 0 0 0 0 0 0 0 0 0 0 0
Repurchase of common stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Payment of dividends 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Financing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Cumulative Cash Flows $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000

Beginning Cash Balance $0 $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000
Ending Cash Balance $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000 $3,720,000
<Company Name>
<Entity 3> Financial Statements
<Date>

January February March April May June July August September October November December Annual
Profit and Loss Statement
Interest Income
Loans, including fees $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $12,000,000
Interest on federal funds sold 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest and dividends on investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Taxable 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 6,000,000
Nontaxable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 1,200,000
Total Interest Income $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $1,600,000 $19,200,000

Interest Expense
Interest on deposits $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000
Interest on other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Interest Expense $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000 $14,400,000

Net Interest Income Before Credit Loss Provision

Net Interest Income Before Credit Loss Provision $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $4,800,000
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Interest Income $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $400,000 $4,800,000

Noninterest Income
Service charges $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $2,400,000
Product revenue (not fee-related) 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,800,000
Loan placement fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 1,500,000
Gain on sale of other real estate owned 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Gain on sale of fixed assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Total Noninterest Income $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $550,000 $6,600,000

Noninterest Expense
Salaries and employee benefits $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $3,600,000
Occupancy 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 1,440,000
Equipment 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Data processing 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Professional fees 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Director fees 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Litigation 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Total Noninterest Expense $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $595,000 $7,140,000

Pretax Income $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $355,000 $4,260,000

Taxes on Income 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000 540,000

Net Income (Loss) $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000
Balance Sheet
Cash and Cash Equivalents
Cash and due from banks $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000 $3,720,000 $3,720,000
Federal funds sold and securities purchased 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
Total Cash and Cash Equivalents $560,000 $870,000 $1,180,000 $1,490,000 $1,800,000 $2,110,000 $2,420,000 $2,730,000 $3,040,000 $3,350,000 $3,660,000 $3,970,000 $3,970,000

Securities
Securities available for sale $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Securities held to maturity 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Total Investment Securities $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000

Loans
Loans and leases $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Allowance for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Loans $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000

Other Assets
Accrued interest receivable $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000
Premises and equipment 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash surrender value of life insurance 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Net amortized assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred income taxes 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Other Assets $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000

Total Assets $2,210,000 $2,520,000 $2,830,000 $3,140,000 $3,450,000 $3,760,000 $4,070,000 $4,380,000 $4,690,000 $5,000,000 $5,310,000 $5,620,000 $5,620,000
Deposits
Noninterest-bearing $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Interest-bearing 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Total Deposits $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000

Liabilities
Federal funds purchased and securities sold $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000
Other borrowings 0 0 0 0 0 0 0 0 0 0 0 0 0
Accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Accounts payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Other liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000

Equity
Common stock $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000
Preferred stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Additional paid-in capital 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained earnings 310,000 620,000 930,000 1,240,000 1,550,000 1,860,000 2,170,000 2,480,000 2,790,000 3,100,000 3,410,000 3,720,000 3,720,000
Unearned employee stock option shares 0 0 0 0 0 0 0 0 0 0 0 0 0
Accumulated other comprehensive income 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Equity $1,110,000 $1,420,000 $1,730,000 $2,040,000 $2,350,000 $2,660,000 $2,970,000 $3,280,000 $3,590,000 $3,900,000 $4,210,000 $4,520,000 $4,520,000

Total Liabilities and Equity $2,210,000 $2,520,000 $2,830,000 $3,140,000 $3,450,000 $3,760,000 $4,070,000 $4,380,000 $4,690,000 $5,000,000 $5,310,000 $5,620,000 $5,620,000
Statement of Cash Flow
Operating Activities
Net income $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000
Adjustments to reconcile net earnings to cash provided
by operating activities
Provision for credit losses 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation and amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accrued interest payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in unearned fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in income taxes payable 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in accounts payable and accrued liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Write-down of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Gain on sale of assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in surrender value of life insurance 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Operating Activities $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000

Investing Activities
Purchase of available-for-sale securities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Redemption of other stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Maturities and calls of held-to-maturity securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of available-for-sale securities 0 0 0 0 0 0 0 0 0 0 0 0 0
Net increase in loans 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for other real estate owned 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital expenditures for premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Proceeds from sales of premises and equipment 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Investing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Financing Activities
Increase in demand and savings accounts $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Increase in certificates of deposit 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in federal funds purchased 0 0 0 0 0 0 0 0 0 0 0 0 0
Increase in repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0
Employee stock options exercised 0 0 0 0 0 0 0 0 0 0 0 0 0
Repurchase of common stock 0 0 0 0 0 0 0 0 0 0 0 0 0
Payment of dividends 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Financing Activities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Cumulative Cash Flows $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $310,000 $3,720,000

Beginning Cash Balance $0 $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000
Ending Cash Balance $310,000 $620,000 $930,000 $1,240,000 $1,550,000 $1,860,000 $2,170,000 $2,480,000 $2,790,000 $3,100,000 $3,410,000 $3,720,000