Statement of Condition

About Us

person looking at bank report

At the Close of Business March 31, 2023
As Rendered to the Commissioner of Banking

Resources

Resources


Loans & Discounts


$161,152,790.17

Resources


Less reserve for bad debts


($1,511,433.47)

Resources


Net Loans & Discounts


$159,641,356.70

Resources


Banking House


$897,363.99

Resources


Furniture & Fixtures


$1,011,760.25

Resources


Other Real Estate


$0.00

Resources


Federal Funds Sold


$0.00

Resources


U.S. Treasury Bonds


$11,899,541.12

Resources


U.S. Agency Securities


$80,110,608.32

Resources


Municipal Bonds


$20,810,699.01

Resources


CDs Purchased


$4,233,000.00

Resources


Unrealized Gain or Loss AFSS


($7,297,070.55)

Resources


Cash & Due from Banks


$24,218,305.89

Resources


Other Assets


$1,628,636.43

Resources


Total Resources


$297,154,201.16
Liabilities

Liabilities


Deposits


$278,868,251.61

Liabilities


Capital Stock


$2,000,000.00

Liabilities


Surplus


$6,000,000.00

Liabilities


Undivided Profits


$17,415,762.93

Liabilities


Unrealized Gain or Loss AFSS


($7,297,070.55)

Liabilities


Other Liabilities


$167,257.17

Liabilities


Total Liabilities


$297,154,201.16