Statement of Condition
December 31, 2023
Assets | Amount |
---|---|
Cash and Due From Banks | $24,328,106 |
Investment Securities/CD's/Bank Stock | $33,782,969 |
Loans and leases, Net of Unearned Income | $367,914,124 |
Less: Allowance for Loan Losses | $(4,368,158) |
Loans and Leases, Net of Unearned Income and Allowance | $363,545,966 |
Premises and Fixed Assets | $2,424,054 |
Other Real Estate Owned | $0 |
Other Assets | $1,605,779 |
Total Assets: | 425,686,874 |
Liabilities | Amount |
---|---|
Deposits: Non-Interest Bearing | $70,791,443 |
Deposits: Interest Bearing | $246,979,778 |
Securities Sold Under Agreements to Repurchase | $1,920,400 |
Other Borrowed Money | $67,900,000 |
Other Liabilities | $1,339,942 |
Total Liabilities | $388,931,563 |
Equity Capital | |
---|---|
Common Stock | $3,260,000 |
Surplus | $21,273,595 |
Retained Earnings | $12,221,716 |
Total Equity Capital | $36,755,311 |
Total Liabilities & Equity Capital | $425,686,874 |