Statement of Condition
December 31, 2019
| Assets | Amount |
|---|---|
| Cash and Due From Banks | $9,101,679 |
| Investment Securities/CD's/Bank Stock | $26,368,637 |
| Loans and leases, Net of Unearned Income | $198,158,520 |
| Less: Allowance for Loan Losses | $(2,215,725) |
| Loans and Leases, Net of Unearned Income and Allowance | $195,942,795 |
| Premises and Fixed Assets | $2,414,060 |
| Other Real Estate Owned | $2,941,100 |
| Other Assets | $1,212,299 |
| Total Assets: | $237,980,570 |
| Liabilities | Amount |
|---|---|
| Deposits: Non-Interest Bearing | $43,201,770 |
| Deposits: Interest Bearing | $152,836,363 |
| Securities Sold Under Agreements to Repurchase | $2,099,476 |
| Other Borrowed Money | $16,500,000 |
| Other Liabilities | $778,797 |
| Total Liabilities | $215,416,406 |
| Equity Capital | |
|---|---|
| Common Stock | $3,260,000 |
| Surplus | $12,798,595 |
| Retained Earnings | $6,6505,569 |
| Total Equity Capital | $22,564,164 |
| Total Liabilities & Equity Capital | $237,980,570 |