Statement of Condition
June 30, 2020
| Assets | Amount |
|---|---|
| Cash and Due From Banks | $15,744,641 |
| Investment Securities/CD's/Bank Stock | $25,167,979 |
| Loans and leases, Net of Unearned Income | $229,684,628 |
| Less: Allowance for Loan Losses | $(3,022,323) |
| Loans and Leases, Net of Unearned Income and Allowance | $226,662,305 |
| Premises and Fixed Assets | $2,439,093 |
| Other Real Estate Owned | $2,821,880 |
| Other Assets | $1,110,991 |
| Total Assets: | $273,946,889 |
| Liabilities | Amount |
|---|---|
| Deposits: Non-Interest Bearing | $65,416,073 |
| Deposits: Interest Bearing | $143,919,423 |
| Securities Sold Under Agreements to Repurchase | $2,388,824 |
| Other Borrowed Money | $38,000,000 |
| Other Liabilities | $457,451 |
| Total Liabilities | $250,181,771 |
| Equity Capital | |
|---|---|
| Common Stock | $3,260,000 |
| Surplus | $12,798,595 |
| Retained Earnings | $7,706,523 |
| Total Equity Capital | $23,765,118 |
| Total Liabilities & Equity Capital | $273,946,889 |