| |
|
30-Sep-20 |
|
| |
|
|
|
| Assets: |
|
2020 |
| |
|
|
|
| Cash and due from banks |
$21,882,240 |
| Investment CD (maturing less than one year) |
5,238,000 |
| |
|
|
|
| Federal funds sold |
1,046,489 |
| Total cash and cash equivalents |
28,166,729 |
| |
|
|
|
| |
|
|
|
| Investment securities |
44,301,587 |
| |
|
|
|
| Loans, net of allowance |
86,066,218 |
| |
|
|
|
| Premises and equipment, net |
890,144 |
| Accrued income and other assets |
4,893,387 |
| |
|
|
|
| |
|
Total assets |
$164,318,065 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$38,487,257 |
| |
Savings and thrift |
52,083,104 |
| |
Time deposits > 100,000 |
11,674,410 |
| |
Other time deposits |
12,310,461 |
| |
|
|
|
| Non-interest bearing demand deposits |
31,187,660 |
| |
|
Total deposits |
145,742,892 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
546,855 |
| |
|
Total liabilities |
146,289,747 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
17,003,268 |
| |
|
|
|
| Accumulated other comprehensive income |
714,919 |
| |
|
Total shareholders' equity |
18,028,318 |
| |
|
Total liabilities and shareholders' equity |
$164,318,065 |
