| |
|
30-Jun-21 |
|
| |
|
|
|
| Assets: |
|
2021 |
| |
|
|
|
| Cash and due from banks |
$29,204,961 |
| Investment CD (maturing less than one year) |
3,249,000 |
| |
|
|
|
| Federal funds sold |
1,289,707 |
| Total cash and cash equivalents |
33,743,668 |
| |
|
|
|
| |
|
|
|
| Investment securities |
55,004,937 |
| |
|
|
|
| Loans, net of allowance |
80,705,721 |
| |
|
|
|
| Premises and equipment, net |
819,566 |
| Accrued income and other assets |
5,839,097 |
| |
|
|
|
| |
|
Total assets |
$176,112,989 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$43,615,213 |
| |
Savings and thrift |
59,845,947 |
| |
Time deposits > 100,000 |
12,110,258 |
| |
Other time deposits |
11,922,261 |
| |
|
|
|
| Non-interest bearing demand deposits |
30,140,193 |
| |
|
Total deposits |
157,633,872 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
1,204,291 |
| |
|
Total liabilities |
158,838,163 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
17,318,162 |
| |
|
|
|
| Accumulated other comprehensive income |
(353,467) |
| |
|
Total shareholders' equity |
17,274,826 |
| |
|
Total liabilities and shareholders' equity |
$176,112,989 |
