| |
|
31-Mar-20 |
|
| |
|
|
|
| Assets: |
|
2020 |
| |
|
|
|
| Cash and due from banks |
$9,536,693 |
| Investment CD (maturing less than one year) |
5,988,000 |
| |
|
|
|
| Federal funds sold |
385,059 |
| Total cash and cash equivalents |
15,909,752 |
| |
|
|
|
| |
|
|
|
| Investment securities |
41,352,283 |
| |
|
|
|
| Loans, net of allowance |
84,373,700 |
| |
|
|
|
| Premises and equipment, net |
940,798 |
| Accrued income and other assets |
5,087,657 |
| |
|
|
|
| |
|
Total assets |
$147,664,190 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$34,464,506 |
| |
Savings and thrift |
49,178,655 |
| |
Time deposits > 100,000 |
11,596,350 |
| |
Other time deposits |
12,887,660 |
| |
|
|
|
| Non-interest bearing demand deposits |
20,551,155 |
| |
|
Total deposits |
128,678,326 |
| |
|
|
|
| Short term borrowings |
1,500,000 |
| Other Liabilities |
648,597 |
| |
|
Total liabilities |
130,826,923 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
16,796,961 |
| |
|
|
|
| Accumulated other comprehensive income |
(269,825) |
| |
|
Total shareholders' equity |
16,837,267 |
| |
|
Total liabilities and shareholders' equity |
$147,664,190 |
