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|
30-Jun-23 |
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Assets: |
|
2023 |
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Cash and due from banks |
$10,318,627 |
Investment CD (maturing less than one year) |
5,998,000 |
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Federal funds sold |
798,209 |
Total cash and cash equivalents |
17,114,836 |
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Investment securities |
74,493,313 |
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Loans, net of allowance |
79,081,199 |
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Premises and equipment, net |
875,688 |
Accrued income and other assets |
8,214,611 |
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Total assets |
$179,779,647 |
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LIABILITIES: |
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Deposits: |
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Demand |
$43,880,062 |
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Savings and thrift |
62,127,287 |
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Time deposits > 100,000 |
12,203,845 |
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Other time deposits |
10,064,032 |
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Non-interest bearing demand deposits |
34,529,863 |
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Total deposits |
162,805,089 |
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Short term borrowings |
3,500,000 |
Other Liabilities |
(274,898) |
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Total liabilities |
166,030,191 |
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Shareholders' Equity: |
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|
|
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Common stock |
166,620 |
Paid in capital |
143,510 |
Retained earnings |
19,725,544 |
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Accumulated other comprehensive income |
(6,286,218) |
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Total shareholders' equity |
13,749,456 |
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Total liabilities and shareholders' equity |
$179,779,647 |