Information
Statement of Condition At the Close of Business on September 30, 2020
| ASSETS | |
|---|---|
| Cash & Due from Banks | |
| Noninterest-bearing balances and currency and coin | $3,584,000 |
| Interest-bearing balances | $4,529,000 |
| Securities: | |
| Held-to-Maturity | $4,473,000 |
| Available-for-Sale | $28,520,000 |
| Equity securities with readily determinable fair values not held for trading | N/A |
| Federal funds sold and securities purchased under agreements to resell: | |
| Federal Funds Sold | $0 |
| Securities purchased under agreements to resell | $0 |
| Loans | |
| Loans and leases held for sale | $0 |
| Loans and leases, net of unearned income | $43,329,000 |
| LESS: Allowance for loan and lease losses | $527,000 |
| Loans and leases, net of unearned income and allowance | $42,802,000 |
| Trading Assets | $0 |
| Premises and fixed assets (including capital leases) | $5,505,000 |
| Other real estate owned | $0 |
| Investments in unconsolidated subsidiaries and associated companies | $0 |
| Direct and indirect investments in real estate ventures | $0 |
| Intangible assests (from Schedule RC-M) | $0 |
| Other Assets | $1,061,000 |
| Total Assets | $90,474,000 |
| LIABILITIES | |
|---|---|
| DEPOSITS | |
| In domestic offices | $81,472,000 |
| Noninterest-bearing | $14,503,000 |
| Interest-bearing | $66,969,000 |
| Federal funds purchased and securities sold under agreements to repurchase: | |
| Federal funds purchased | $0 |
| Securities sold under agreements to repurchase | $0 |
| Trading liabilities | $0 |
| Other borrowed money (includes mortgage indebtedness and obligations under capital leases) | $0 |
| Subordinated notes and dentures | $0 |
| Other Liabilities | $326,000 |
| Total Liabilities | $81,798,000 |
| BANK EQUITY CAPITAL | |
| Perpetual perferred stock and related surplus | $0 |
| Common stock | $3,400,000 |
| Surplus (excludes all surplus related to preferred stock) | $1,617,000 |
| Retained earnings | $3,171,000 |
| Accumulated other comprehensive income | $488,000 |
| Other equity capital components | $0 |
| Total bank equity capital | $8,676,000 |
| Noncontrolling (minority) interest in consolidated subsidiaries | $0 |
| Total equity capital | $8,676,000 |
| Total liabilities and equity capital | $90,474,000 |
Board of Directors
- Martin A. Canales, Jr.
- Angelina S. Canales
- Ignacio Mijares
- Lucio E. Gonzales, Jr.
- Juan Carlos Saenz
Officers
| Officers | |
|---|---|
| Martin A. Canales, Jr. | Chairman of the Board |
| Juan Carlos Saenz | Secretary to the Board |
| Lucio E. Gonzalez, Jr. | Executive Vice President |
| Angie S. Canales | Interim President & CEO |
| Clarissa B. Alvarez | Senior Vice President & Cashier |
| Anna Maria Lopez | Vice President |
| Sergio A. Guerra | Vice President & RGC Branch Manager |
| Veronica Rivera | Vice President & Zapata Branch Manager |
| Martha G. Gonzalez | Vice President |
