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Statement of Condition

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Statement of Condition

At the close of business - September 30, 2021
 ASSETS  
 Cash and non-interest bearing balances due from banks       $4,199,000
 Interest-bearing balances  $33,458,000
 Held-to-maturity securities  $0
 Available-for-sale securities  $127,000,000
 Federal funds sold  $0
 Total Cash Resources $164,657,000

 

Loans $88,005,000
     Less: Allowance for loan losses                         $1,727,000
     Loans: Net of allowance $86,278,000
Accrued income $996,000
Bank building, furniture & parking lot $9,499,000
Other assets $8,989,000
Other real estate $171,000
Total Assets $270,590,000

 

LIABILITIES
Deposits                                                             $241,339,000
     Noninterest-bearing  $75,622,000
     Interest-bearing $165,717,000
Federal Funds Purchased $0
Other liabilities $223,000
 Total Liabilities   $241,562,000

 

EQUITY CAPITAL
Common stock                                                                  $400,000
Surplus  $400,000
Undivided profit  $25,622,000
     Net unrealized gains (losses) on available-for-sale securities $2,606,000
   Total Equity Capital   $29,028,000
   Total Liabilities & Equity Capital  
$270,590,000