| |
|
30-Jun-19 |
|
| |
|
|
|
| Assets: |
|
2019 |
| |
|
|
|
| Cash and due from banks |
$12,642,377 |
| Investment CD (maturing less than one year) |
5,479,000 |
| |
|
|
|
| Federal funds sold |
953,746 |
| Total cash and cash equivalents |
19,075,123 |
| |
|
|
|
| |
|
|
|
| Investment securities |
39,635,354 |
| |
|
|
|
| Loans, net of allowance |
79,870,415 |
| |
|
|
|
| Premises and equipment, net |
999,313 |
| Accrued income and other assets |
5,065,236 |
| |
|
|
|
| |
|
Total assets |
$144,645,441 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$31,242,117 |
| |
Savings and thrift |
47,605,294 |
| |
Time deposits > 100,000 |
13,010,947 |
| |
Other time deposits |
13,824,862 |
| |
|
|
|
| Non-interest bearing demand deposits |
21,568,621 |
| |
|
Total deposits |
127,251,841 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
856,066 |
| |
|
Total liabilities |
128,107,907 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
439,160 |
| Retained earnings |
16,109,405 |
| |
|
|
|
| Accumulated other comprehensive income |
(177,651) |
| |
|
Total shareholders' equity |
16,537,534 |
| |
|
Total liabilities and shareholders' equity |
$144,645,441 |
