Statement of Condition
December 31, 2018
| Assets | Amount |
|---|---|
| Cash and Due From Banks | $7,490,592 |
| Investment Securities/CD's/Bank Stock | $27,725,597 |
| Loans and leases, Net of Unearned Income | $178,289,796 |
| Less: Allowance for Loan Losses | (2,399,575) |
| Loans and Leases, Net of Unearned Income and Allowance | $175,890,221 |
| Premises and Fixed Assets | $2,429,052 |
| Other Real Estate Owned | $2,941,100 |
| Other Assets | $1,220,094 |
| Total Assets: | $217,696,656 |
| Liabilities | Amount |
|---|---|
| Deposits: Non-Interest Bearing | $42,042,029 |
| Deposits: Interest Bearing | $137,260,941 |
| Securities Sold Under Agreements to Repurchase | $1,750,092 |
| Other Borrowed Money | $15,800,000 |
| Other Liabilities | $599,130 |
| Total Liabilities | $197,452,192 |
| Equity Capital | |
|---|---|
| Common Stock | $3,260,000 |
| Surplus | $12,798,595 |
| Retained Earnings | $4,185,869 |
| Total Equity Capital | $20,244,464 |
| Total Liabilities & Equity Capital | $217,696,656 |