| |
|
31-Mar-19 |
|
| |
|
|
|
| Assets: |
|
2019 |
| |
|
|
|
| Cash and due from banks |
$14,537,901 |
| Investment CD (maturing less than one year) |
5,722,000 |
| |
|
|
|
| Federal funds sold |
1,127,286 |
| Total cash and cash equivalents |
21,387,187 |
| |
|
|
|
| |
|
|
|
| Investment securities |
40,692,471 |
| |
|
|
|
| Loans, net of allowance |
80,298,201 |
| |
|
|
|
| Premises and equipment, net |
1,014,206 |
| Accrued income and other assets |
5,251,130 |
| |
|
|
|
| |
|
Total assets |
$148,643,195 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$36,364,763 |
| |
Savings and thrift |
47,284,803 |
| |
Time deposits > 100,000 |
12,715,276 |
| |
Other time deposits |
13,851,697 |
| |
|
|
|
| Non-interest bearing demand deposits |
21,662,377 |
| |
|
Total deposits |
131,878,916 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
822,905 |
| |
|
Total liabilities |
132,701,821 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
439,160 |
| Retained earnings |
15,959,381 |
| |
|
|
|
| Accumulated other comprehensive income |
(623,787) |
| |
|
Total shareholders' equity |
15,941,374 |
| |
|
Total liabilities and shareholders' equity |
$148,643,195 |
