Statement of Condition
June 30, 2024
| Assets | Amount |
|---|---|
| Cash and Due From Banks | $22,760,144 |
| Investment Securities/CD's/Bank Stock | $35,936,164 |
| Loans and leases, Net of Unearned Income | $379,467,668 |
| Less: Allowance for Loan Losses | $(4,529,788) |
| Loans and Leases, Net of Unearned Income and Allowance | $374,937,880 |
| Premises and Fixed Assets | $2,595,962 |
| Other Assets | $1,788,608 |
| Total Assets: | $438,018,758 |
| Liabilities | Amount |
|---|---|
| Deposits: Non-Interest Bearing | $57,862,690 |
| Deposits: Interest Bearing | $222,520,149 |
| Securities Sold Under Agreements to Repurchase | $944,823 |
| Other Borrowed Money | $117,900,000 |
| Other Liabilities | $976,396 |
| Total Liabilities | $400,204,058 |
| Equity Capital | |
|---|---|
| Common Stock | $3,260,000 |
| Surplus | $22,173,595 |
| Retained Earnings | $12,381,105 |
| Total Equity Capital | $37,814,700 |
| Total Liabilities & Equity Capital | $438,018,758 |