E - STATEMENTS

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Statement of Condition

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CHELSEA SAVINGS BANK
STATEMENT OF CONDITION
At the close of business December 31, 2011
Assets
Cash & due from banks $    1,712,692
Municipal and other bonds $  57,920,299
Loans, including overdrafts $  41,019,794
Bank premises, furniture & Fixtures $    1,094,200
Federal funds Sold $    8,032,000
Other Assets $    1,928,210
TOTAL ASSETS $111,707,195
Liabilities/Equity Capital
Deposits $ 91,219,056
Other Liabilities $      152,440
Accrued Interest Payable $      140,788
FHLB Borrowing $   2,413,418
Capital $       200,000
Surplus $    1,300,000
Undivided Profits $  14,831,907
Net unrealized gain(loss) Securities $    1,449,586
TOTAL LIABILITIES/EQUITY CAPITAL $111,707,195