fbpx

Statement of Condition

Click to download a PDF version of the Statement of Condition

Statement of Condition

At the close of business - September 30, 2022
 ASSETS  
 Cash and non-interest bearing balances due from banks       $4,563,000
 Interest-bearing balances  $23,532,000
 Held-to-maturity securities  $0
 Available-for-sale securities  $140,892,000
 Federal funds sold  $0
 Total Cash Resources $168,987,000

 

Loans $90,464,000
     Less: Allowance for loan losses                         $1,652,000
     Loans: Net of allowance $88,812,000
Accrued income $1,097,000
Bank building, furniture & parking lot $9,330,000
Other assets $9,557,000
Other real estate $0
Total Assets $277,783,000

 

LIABILITIES
Deposits                                                             $273,232,000
     Noninterest-bearing  $88,258,000
     Interest-bearing $184,974,000
Federal Funds Purchased $0
Other liabilities $171,000
 Total Liabilities   $273,403,000

 

EQUITY CAPITAL
Common stock                                                                  $400,000
Surplus  $400,000
Undivided profit  $26,130,000
     Net unrealized gains (losses) on available-for-sale securities ($22,550,000)
   Total Equity Capital   $4,380,000
   Total Liabilities & Equity Capital  
$277,783,000