Statement of Condition
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Statement of Condition
At the close of business - March 31, 2022
| ASSETS | ||
| Cash and non-interest bearing balances due from banks | $4,842,000 | |
| Interest-bearing balances | $32,804,000 | |
| Held-to-maturity securities | $0 | |
| Available-for-sale securities | $141,414,000 | |
| Federal funds sold | $0 | |
| Total Cash Resources | $179,060,000 | |
| Loans | $84,233,000 | ||
| Less: Allowance for loan losses | $1,632,000 | ||
| Loans: Net of allowance | $82,601,000 | ||
| Accrued income | $952,000 | ||
| Bank building, furniture & parking lot | $9,435,000 | ||
| Other assets | $9,341,000 | ||
| Other real estate | $0 | ||
| Total Assets | $281,389,000 |
| LIABILITIES | |||
| Deposits | $262,581,000 | ||
| Noninterest-bearing | $76,596,000 | ||
| Interest-bearing | $185,985,000 | ||
| Federal Funds Purchased | $0 | ||
| Other liabilities | $271,000 | ||
| Total Liabilities | $262,852,000 | ||
| EQUITY CAPITAL | |||
| Common stock | $400,000 | ||
| Surplus | $400,000 | ||
| Undivided profit | $25,745,000 | ||
| Net unrealized gains (losses) on available-for-sale securities | ($8,008,000) | ||
| Total Equity Capital | $18,537,000 | ||
| Total Liabilities & Equity Capital | |
$281,389,000 | |