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  • Richmondville: 518-294-6661
  • Cobleskill: 518-234-4397
  • Schoharie: 518-295-8884

Statement of Condition

    31-Dec-19  
       
Assets:   2019
       
Cash and due from banks $5,696,081
Investment CD (maturing less than one year) 4,980,000
       
Federal funds sold 647,191
 Total cash and cash equivalents 11,323,272
       
       
Investment securities 38,592,408
       
Loans, net of allowance  85,923,699
       
Premises and equipment, net 946,624
Accrued income and other assets 5,013,371
       
    Total assets $141,799,374
       
LIABILITIES:  
       
Deposits:  
       
  Demand $32,315,675
  Savings and thrift 44,491,612
  Time deposits > 100,000 11,325,992
  Other time deposits 13,478,655
       
Non-interest bearing demand deposits 20,179,382
    Total deposits 121,791,316
       
Short term borrowings 2,500,000
Other Liabilities 593,350
    Total liabilities 124,884,666
       
       
Shareholders' Equity:  
       
Common stock 166,620
Paid in capital 143,511
Retained earnings 16,642,601
       
Accumulated other comprehensive income (38,024)
    Total shareholders' equity 16,914,708
    Total liabilities and shareholders' equity $141,799,374

Locations:

Richmondville

Richmondville Office:

284 Main Street
PO Box 130
Richmondville, NY 12149
(518) 294-6661

Cobleskill

Cobleskill Office:

857 East Main Street
PO Box 40
Cobleskill, NY 12043
(518) 234-4397

Schoharie

Schoharie Office:

428 Main Street
PO Box 488
Schoharie, NY 12157
(518) 295-8884