NOTE 16. PARENT COMPANY CONDENSED FINANCIAL STATEMENTS

T BANCSHARES, INC.
CONDENSED BALANCE SHEETS

(In thousands)	December 31, 2016		December 31, 2015
ASSETS

Cash and due from banks	$	737	$	770
Accounts receivable		80		61
Investment in subsidiary		30,424		26,379

Total assets	$	31,241	$	27,210

LIABILITIES AND CAPITAL

Accounts payable	$	68	$	-
Payable to subsidiary		16		-
Total liabilities		84		-

Capital		31,157		27,210

Total liabilities and capital	$	31,241	$	27,210

T BANCSHARES, INC.
CONDENSED STATEMENTS OF INCOME
YEARS ENDED DECEMBER 31,

(In thousands)	2016			2015
Equity in income from subsidiary	$	4,278		$	3,426

Non-interest expense:
Professional and administrative		251			103
Stock based compensation		199			98
Total non-interest expense		450			201
Income before income taxes		3,828			3,225
Income tax benefit		(153	)		(68	)
Net Income	$	3,981		$	3,293

T BANCSHARES, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In thousands)	2016			2015
Net Income	$	3,981		$	3,293
Other comprehensive income (loss):
Change in unrealized gain (loss) on investment securities available-for-sale		(353	)		32
Reclassification adjustment for realized loss on sale included in net income		-			1
Total other comprehensive income (loss), before tax effect		(353	)		33
Tax effect		(120	)		11
Other comprehensive income (loss)		(233	)		22
Comprehensive income	$	3,748		$	3,315

T BANCSHARES, INC.
CONDENSED STATEMENTS OF CASH FLOWS
YEARS ENDED DECEMBER 31,

(In thousands)	2016			2015
Cash Flows from Operating Activities
Net income	$	3,981		$	3,293
Adjustments to reconcile net income to net cash used in operating activities:
Equity in income of Bank		(4,278	)		(3,426	)
Stock based compensation		199			98
Net change in other assets		(19	)		(30	)
Net change in other liabilities		84			(28	)
Net cash used in operating activities		(33	)		(93	)

Cash Flows from Investing Activities		-			-

Cash Flows from Financing Activities		-			-

Net change in cash and cash equivalents		(33	)		(93	)
Cash and cash equivalents at beginning of period		770			863

Cash and cash equivalents at end of period	$	737		$	770

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References + Details

NOTE 16. PARENT COMPANY CONDENSED FINANCIAL STATEMENTS

T BANCSHARES, INC. CONDENSED BALANCE SHEETS

T BANCSHARES, INC. CONDENSED STATEMENTS OF INCOME YEARS ENDED DECEMBER 31,

T BANCSHARES, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

T BANCSHARES, INC. CONDENSED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31,

T BANCSHARES, INC.
CONDENSED BALANCE SHEETS

T BANCSHARES, INC.
CONDENSED STATEMENTS OF INCOME
YEARS ENDED DECEMBER 31,

T BANCSHARES, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

T BANCSHARES, INC.
CONDENSED STATEMENTS OF CASH FLOWS
YEARS ENDED DECEMBER 31,

T Bancshares, Inc. 10-K