| |
|
31-Mar-22 |
|
| |
|
|
|
| Assets: |
|
2022 |
| |
|
|
|
| Cash and due from banks |
$51,677,954 |
| Investment CD (maturing less than one year) |
3,499,000 |
| |
|
|
|
| Federal funds sold |
1,266,033 |
| Total cash and cash equivalents |
56,442,987 |
| |
|
|
|
| |
|
|
|
| Investment securities |
60,038,818 |
| |
|
|
|
| Loans, net of allowance |
79,360,686 |
| |
|
|
|
| Premises and equipment, net |
798,625 |
| Accrued income and other assets |
7,060,812 |
| |
|
|
|
| |
|
Total assets |
$203,701,928 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$62,324,216 |
| |
Savings and thrift |
68,290,155 |
| |
Time deposits > 100,000 |
12,046,354 |
| |
Other time deposits |
12,130,532 |
| |
|
|
|
| Non-interest bearing demand deposits |
33,452,477 |
| |
|
Total deposits |
188,243,734 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
709,263 |
| |
|
Total liabilities |
188,952,997 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
17,588,213 |
| |
|
|
|
| Accumulated other comprehensive income |
(3,149,413) |
| |
|
Total shareholders' equity |
14,748,931 |
| |
|
Total liabilities and shareholders' equity |
$203,701,928 |
