COMMUNITY FINANCIAL CORPORATION -- CONSOLIDATED BALANCE SHEETS (September 30, 2012 figures unaudited) (USD $)
Sep. 30, 2012
Mar. 31, 2012
Cash (including interest-bearing deposits of approximately $282,947 and $2,910,622) $ 4,335,673 $ 8,233,185
Held to maturity securities (fair value of $20,608,483 and $11,343,530 respectively) 20,571,732 11,344,000
Available for sale securities, at fair value 38,647 38,647
Restricted investment in Federal Home Loan Bank stock, at cost 4,005,300 5,206,300
Loans receivable, net of allowance for loan losses of $10,227,527 and $8,910,121 428,517,578 445,098,108
Real estate owned, net of valuation allowance of $1,363,555 and $2,502,944 5,048,170 9,259,432
Property and equipment, net 8,175,316 8,430,736
Bank owned life insurance 6,896,986 6,781,869
Accrued interest receivable loans 1,642,266 1,757,001
Accrued interest receivable investments 50,572 36,610
Prepaid expenses and other assets 6,860,533 7,721,063
Total Assets 486,142,773 503,906,951
Liabilities    
Deposits 374,509,854 372,417,944
Borrowings 57,000,000 78,000,000
Advance payments by borrowers for taxes and insurance 174,498 268,465
Other liabilities 2,812,908 2,817,936
Total Liabilities 434,497,260 453,504,345
Stockholders' Equity    
Preferred stock $.01 par value, $1,000 liquidation preference, authorized 3,000,000 shares, 12,643 shares outstanding 12,643,000 12,643,000
Common stock, $0.01 par value, authorized 10,000,000 shares, 4,361,658 shares outstanding 43,617 43,617
Warrants 603,153 603,153
Discount on preferred stock (146,747) (207,065)
Additional paid in capital 5,599,052 5,599,052
Retained earnings 34,276,969 33,094,380
Accumulated other comprehensive (loss) (1,373,531) (1,373,531)
Total Stockholders' Equity 51,645,513 50,402,606
Total Liabilities and Stockholders' Equity $ 486,142,773 $ 503,906,951