Statement of Condition
As of December 31, 2020
Assets
| Details | 2020 | 2021 |
|---|
|
Cash and Due from Depository Institutions
|
$2,070,358
|
$1,205,640
|
|
Securities
|
$43,096,164
|
$39,098,231
|
|
Federal Funds Sold
|
$12,600,000
|
$0
|
|
Loans and Lease Financing Receivables
|
$91,954,019
|
$98,244,169
|
|
Less: Allowance for Loan and Lease Losses
|
($4,098,891)
|
($4,421,495)
|
|
Net Loans and Lease Financing Receivables
|
$87,855,128
|
$93,822,674
|
| Premises and Fixed Assets |
$556,869
|
$566,935
|
|
Other Real Estate Owned
|
$0
|
$0
|
|
Other Assets
|
$4,618,683
|
$5,076,199
|
|
TOTAL ASSETS
|
$150,797,201
|
$139,769,680
|
|---|
Liabilities
| Details | 2020 | 2021 |
|---|
|
Deposits
|
$127,315,607
|
$107,396,895
|
|
Federal Funds Purchased
|
$0
|
$4,150,000
|
|
Other Borrowed Money
|
$0
|
$3,500,000
|
|
Other Liabilities
|
$985,268
|
$1,977,718
|
|
TOTAL LIABILITIES
|
$128,300,874
|
$117,024,612
|
|---|
Equity Capital
| Details | 2020 | 2021 |
|---|
|
Common Stock
|
$100,000
|
$100,000
|
|
Surplus
|
$12,350,000
|
$12,350,000
|
|
Undivided Profits
|
$10,046,326
|
$10,295,068
|
|
TOTAL EQUITY CAPITAL
|
$22,496,327
|
$22,745,068
|
|---|
|
TOTAL LIABILITIES & EQUITY CAPITAL
| $150,797,201 | $139,769,680 |
|---|
|
