Statement of Condition
September 30, 2020
| Assets | Amount |
|---|---|
| Cash and Due From Banks | $19,804,749 |
| Investment Securities/CD's/Bank Stock | $23,991,743 |
| Loans and leases, Net of Unearned Income | $231,281,822 |
| Less: Allowance for Loan Losses | $(3,087,289) |
| Loans and Leases, Net of Unearned Income and Allowance | $228,194,533 |
| Premises and Fixed Assets | $2,503,145 |
| Other Real Estate Owned | $2,821,880 |
| Other Assets | $1,150,496 |
| Total Assets: | $278,466,546 |
| Liabilities | Amount |
|---|---|
| Deposits: Non-Interest Bearing | $60,603,229 |
| Deposits: Interest Bearing | $157,751,546 |
| Securities Sold Under Agreements to Repurchase | $2,191,438 |
| Other Borrowed Money | $33,000,000 |
| Other Liabilities | $610,625 |
| Total Liabilities | $254,156,838 |
| Equity Capital | |
|---|---|
| Common Stock | $3,260,000 |
| Surplus | $12,798,595 |
| Retained Earnings | $8,251,113 |
| Total Equity Capital | $24,309,708 |
| Total Liabilities & Equity Capital | $278,466,546 |