| |
|
|
|
| |
|
|
|
| Assets: |
|
2022 |
| |
|
|
|
| Cash and due from banks |
$34,701,443 |
| Investment CD (maturing less than one year) |
4,498,000 |
| |
|
|
|
| Federal funds sold |
1,119,910 |
| Total cash and cash equivalents |
40,319,353 |
| |
|
|
|
| |
|
|
|
| Investment securities |
67,120,472 |
| |
|
|
|
| Loans, net of allowance |
81,273,051 |
| |
|
|
|
| Premises and equipment, net |
926,266 |
| Accrued income and other assets |
8,044,023 |
| |
|
|
|
| |
|
Total assets |
$197,683,165 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$59,108,694 |
| |
Savings and thrift |
67,590,806 |
| |
Time deposits > 100,000 |
11,485,730 |
| |
Other time deposits |
12,026,135 |
| |
|
|
|
| Non-interest bearing demand deposits |
34,116,455 |
| |
|
Total deposits |
184,327,820 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
632,936 |
| |
|
Total liabilities |
184,960,756 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
17,747,128 |
| |
|
|
|
| Accumulated other comprehensive income |
(5,334,850) |
| |
|
Total shareholders' equity |
12,722,409 |
| |
|
Total liabilities and shareholders' equity |
$197,683,165 |
