Statement of Condition
September 30, 2019
| Assets | Amount |
|---|---|
| Cash and Due From Banks | $9,087,273 |
| Investment Securities/CD's/Bank Stock | $24,373,253 |
| Loans and leases, Net of Unearned Income | $193,513,293 |
| Less: Allowance for Loan Losses | $(2,372,608) |
| Loans and Leases, Net of Unearned Income and Allowance | $191,140,685 |
| Premises and Fixed Assets | $2,419,612 |
| Other Real Estate Owned | $2,941,100 |
| Other Assets | $1,129,693 |
| Total Assets: | $231,091,616 |
| Liabilities | Amount |
|---|---|
| Deposits: Non-Interest Bearing | $47,430,823 |
| Deposits: Interest Bearing | $146,777,136 |
| Securities Sold Under Agreements to Repurchase | $877,869 |
| Other Borrowed Money | $12,600,000 |
| Other Liabilities | $695,863 |
| Total Liabilities | $208,381,691 |
| Equity Capital | |
|---|---|
| Common Stock | $3,260,000 |
| Surplus | $12,798,595 |
| Retained Earnings | $6,651,330 |
| Total Equity Capital | $22,709,925 |
| Total Liabilities & Equity Capital | $231,091,616 |