Statement of Condition
As of December 31, 2019
Assets
Details | 2018 | 2019 |
Cash and Due from Depository Institutions
|
$3,752,333
|
$3,405,396
|
Securities
|
$27,544,070
|
$24,580,047
|
Federal Funds Sold
|
$5,575,000
|
$14,425,000
|
Loans and Lease Financing Receivables
|
$91,486,223
|
$80,482,076
|
Less: Allowance for Loan and Lease Losses
|
($4,394,467)
|
($3,774,502)
|
Net Loans and Lease Financing Receivables
|
$87,091,756
|
$76,707,574
|
Premises and Fixed Assets |
$617,827
|
$553,544
|
Other Real Estate Owned
|
$0
|
$0
|
Other Assets
|
$5,232,793
|
$5,143,641
|
TOTAL ASSETS
|
$129,813,779
|
$124,815,202
|
Liabilities
Details | 2018 | 2019 |
Deposits
|
$99,569,036
|
$102,893,633
|
Federal Funds Purchased
|
$0
|
$0
|
Other Borrowed Money
|
$10,000,000
|
$0
|
Other Liabilities
|
$251,649
|
$292,922
|
TOTAL LIABILITIES
|
$109,820,685
|
$103,186,556
|
Equity Capital
Details | 2018 | 2019 |
Common Stock
|
$100,000
|
$100,000
|
Surplus
|
$12,350,000
|
$12,350,000
|
Undivided Profits
|
$7,543,094
|
$9,178,646
|
TOTAL EQUITY CAPITAL
|
$19,993,094
|
$21,628,646
|
TOTAL LIABILITIES & EQUITY CAPITAL
| $129,813,779 | $124,815,202 |
|