Statement of Condition
December 31, 2020
| Assets | Amount |
|---|---|
| Cash and Due From Banks | $20,655,895 |
| Investment Securities/CD's/Bank Stock | $23,495,256 |
| Loans and leases, Net of Unearned Income | $234,203,203 |
| Less: Allowance for Loan Losses | $(3,092,260) |
| Loans and Leases, Net of Unearned Income and Allowance | $231,110,943 |
| Premises and Fixed Assets | $2,465,691 |
| Other Real Estate Owned | $2,821,880 |
| Other Assets | $1,293,214 |
| Total Assets: | $281,842,879 |
| Liabilities | Amount |
|---|---|
| Deposits: Non-Interest Bearing | $64,028,554 |
| Deposits: Interest Bearing | $153,098,700 |
| Securities Sold Under Agreements to Repurchase | $1,873,467 |
| Other Borrowed Money | $37,000,000 |
| Other Liabilities | $770,576 |
| Total Liabilities | $256,771,297 |
| Equity Capital | |
|---|---|
| Common Stock | $3,260,000 |
| Surplus | $12,798,595 |
| Retained Earnings | $9,012,987 |
| Total Equity Capital | $25,071,582 |
| Total Liabilities & Equity Capital | $281,842,879 |