| |
|
30-Jun-23 |
|
| |
|
|
|
| Assets: |
|
2023 |
| |
|
|
|
| Cash and due from banks |
$10,318,627 |
| Investment CD (maturing less than one year) |
5,998,000 |
| |
|
|
|
| Federal funds sold |
798,209 |
| Total cash and cash equivalents |
17,114,836 |
| |
|
|
|
| |
|
|
|
| Investment securities |
74,493,313 |
| |
|
|
|
| Loans, net of allowance |
79,081,199 |
| |
|
|
|
| Premises and equipment, net |
875,688 |
| Accrued income and other assets |
8,214,611 |
| |
|
|
|
| |
|
Total assets |
$179,779,647 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$43,880,062 |
| |
Savings and thrift |
62,127,287 |
| |
Time deposits > 100,000 |
12,203,845 |
| |
Other time deposits |
10,064,032 |
| |
|
|
|
| Non-interest bearing demand deposits |
34,529,863 |
| |
|
Total deposits |
162,805,089 |
| |
|
|
|
| Short term borrowings |
3,500,000 |
| Other Liabilities |
(274,898) |
| |
|
Total liabilities |
166,030,191 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,510 |
| Retained earnings |
19,725,544 |
| |
|
|
|
| Accumulated other comprehensive income |
(6,286,218) |
| |
|
Total shareholders' equity |
13,749,456 |
| |
|
Total liabilities and shareholders' equity |
$179,779,647 |
