| |
|
31-Mar-21 |
|
| |
|
|
|
| Assets: |
|
2021 |
| |
|
|
|
| Cash and due from banks |
$33,864,671 |
| Investment CD (maturing less than one year) |
3,999,000 |
| |
|
|
|
| Federal funds sold |
1,269,864 |
| Total cash and cash equivalents |
39,133,535 |
| |
|
|
|
| |
|
|
|
| Investment securities |
47,877,826 |
| |
|
|
|
| Loans, net of allowance |
83,409,672 |
| |
|
|
|
| Premises and equipment, net |
838,087 |
| Accrued income and other assets |
5,175,902 |
| |
|
|
|
| |
|
Total assets |
$176,435,022 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$47,615,604 |
| |
Savings and thrift |
57,508,954 |
| |
Time deposits > 100,000 |
11,702,945 |
| |
Other time deposits |
12,276,803 |
| |
|
|
|
| Non-interest bearing demand deposits |
28,866,305 |
| |
|
Total deposits |
157,970,611 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
1,400,832 |
| |
|
Total liabilities |
159,371,443 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
17,226,946 |
| |
|
|
|
| Accumulated other comprehensive income |
(473,498) |
| |
|
Total shareholders' equity |
17,063,579 |
| |
|
Total liabilities and shareholders' equity |
$176,435,022 |
