Statement of Condition
Click to download a PDF version of the Statement of Condition
Statement of Condition
At the close of business - June 30, 2023
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $3,233,000 | |
| Interest-bearing balances | $2,235,000 | |
| Held-to-maturity securities | $0 | |
| Available-for-sale securities | $135,373,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $140,841,000 | |
| Loans | $114,847,000 | ||
| Less: Allowance for loan losses | $1,696,000 | ||
| Loans: Net of allowance | $113,151,000 | ||
| Accrued income | $1,336,000 | ||
| Bank building, furniture & parking lot | $9,149,000 | ||
| Other assets | $10,082,000 | ||
| Other real estate | $70,000 | ||
| Total Assets | $274,629,000 |
| LIABILITIES | |||
| Deposits | $245,602,000 | ||
| Noninterest-bearing | $75,976,000 | ||
| Interest-bearing | $169,626,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilities | $20,132,000 | ||
| Total Liabilities | $265,734,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $27,090,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | ($18,995,000) | ||
| Total Equity Capital | $8,895,000 | ||
| Total Liabilities & Equity Capital | |
$274,629,000 | |