Statement of Condition
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Statement of Condition
At the close of business - March 31, 2020
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $4,445,000 | |
| Interest-bearing balances | $14,251,000 | |
| Held-to-maturity securities | $7,509,000 | |
| Available-for-sale securities | $70,048,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $96,253,000 | |
| Loans | $95,530,000 | ||
| Less: Allowance for loan losses | $1,662,000 | 14, | |
| Loans: Net of allowance | $93,868,000 | ||
| Accrued income | $802,000 | ||
| Bank building, furniture & parking lot | $9,944,000 | ||
| Other assets | $8,768,000 | ||
| Other real estate | $853,000 | ||
| Total Assets | $210,488,000 |
| LIABILITIES | |||
| Deposits | $182,313,000 | ||
| Noninterest-bearing | $56,496,000 | ||
| Interest-bearing | $125,817,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilities | $208,000 | ||
| Total Liabilities | $182,251,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $24,655,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | $2,512,000 | ||
| Total Equity Capital | $27,967,000 | ||
| Total Liabilities & Equity Capital | |
$210,488,000 | |