| |
|
30-Sep-19 |
|
| |
|
|
|
| Assets: |
|
2019 |
| |
|
|
|
| Cash and due from banks |
$20,952,628 |
| Investment CD (maturing less than one year) |
5,730,000 |
| |
|
|
|
| Federal funds sold |
1,321,326 |
| Total cash and cash equivalents |
28,003,954 |
| |
|
|
|
| |
|
|
|
| Investment securities |
38,590,604 |
| |
|
|
|
| Loans, net of allowance |
80,294,415 |
| |
|
|
|
| Premises and equipment, net |
978,429 |
| Accrued income and other assets |
5,028,490 |
| |
|
|
|
| |
|
Total assets |
$152,895,892 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$32,607,565 |
| |
Savings and thrift |
47,359,486 |
| |
Time deposits > 100,000 |
13,031,709 |
| |
Other time deposits |
13,723,022 |
| |
|
|
|
| Non-interest bearing demand deposits |
28,568,636 |
| |
|
Total deposits |
135,290,418 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
853,374 |
| |
|
Total liabilities |
136,143,792 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
439,160 |
| Retained earnings |
16,219,835 |
| |
|
|
|
| Accumulated other comprehensive income |
(73,515) |
| |
|
Total shareholders' equity |
16,752,100 |
| |
|
Total liabilities and shareholders' equity |
$152,895,892 |
| |
|
|
|
