| |
|
30-Jun-20 |
|
| |
|
|
|
| Assets: |
|
2020 |
| |
|
|
|
| Cash and due from banks |
$11,283,473 |
| Investment CD (maturing less than one year) |
5,488,000 |
| |
|
|
|
| Federal funds sold |
927,418 |
| Total cash and cash equivalents |
17,698,891 |
| |
|
|
|
| |
|
|
|
| Investment securities |
44,152,863 |
| |
|
|
|
| Loans, net of allowance |
87,697,661 |
| |
|
|
|
| Premises and equipment, net |
911,843 |
| Accrued income and other assets |
4,916,514 |
| |
|
|
|
| |
|
Total assets |
$155,377,772 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$33,783,400 |
| |
Savings and thrift |
52,548,715 |
| |
Time deposits > 100,000 |
11,691,081 |
| |
Other time deposits |
12,590,610 |
| |
|
|
|
| Non-interest bearing demand deposits |
26,346,669 |
| |
|
Total deposits |
136,960,475 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
503,706 |
| |
|
Total liabilities |
137,464,181 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
16,927,699 |
| |
|
|
|
| Accumulated other comprehensive income |
675,761 |
| |
|
Total shareholders' equity |
17,913,591 |
| |
|
Total liabilities and shareholders' equity |
$155,377,772 |
