Statement of Condition
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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 | |