Statement of Condition
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Statement of Condition
At the close of business - December 31, 2022
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $4,936,000 | |
| Interest-bearing balances | $7,357,000 | |
| Held-to-maturity securities | $0 | |
| Available-for-sale securities | $139,895,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $152,188,000 | |
| Loans | $99,275,000 | ||
| Less: Allowance for loan losses | $1,667,000 | ||
| Loans: Net of allowance | $97,608,000 | ||
| Accrued income | $1,277,000 | ||
| Bank building, furniture & parking lot | $9,261,000 | ||
| Other assets | $9,877,000 | ||
| Other real estate | $0 | ||
| Total Assets | $270,211,000 |
| LIABILITIES | |||
| Deposits | $262,044,000 | ||
| Noninterest-bearing | $78,224,000 | ||
| Interest-bearing | $183,820,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilities | $203,000 | ||
| Total Liabilities | $262,247,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $26,502,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | ($19,338,000) | ||
| Total Equity Capital | $7,964,000 | ||
| Total Liabilities & Equity Capital | |
$270,211,000 | |