| |
|
31-Dec-22 |
|
| |
|
|
|
| Assets: |
|
2022 |
| |
|
|
|
| Cash and due from banks |
$7,857,234 |
| Investment CD (maturing less than one year) |
6,496,000 |
| |
|
|
|
| Federal funds sold |
1,230,398 |
| Total cash and cash equivalents |
15,583,632 |
| |
|
|
|
| |
|
|
|
| Investment securities |
75,449,251 |
| |
|
|
|
| Loans, net of allowance |
78,257,267 |
| |
|
|
|
| Premises and equipment, net |
912,327 |
| Accrued income and other assets |
8,685,784 |
| |
|
|
|
| |
|
Total assets |
$178,888,261 |
| |
|
|
|
| LIABILITIES: |
|
| |
|
|
|
| Deposits: |
|
| |
|
|
|
| |
Demand |
$46,776,169 |
| |
Savings and thrift |
63,535,175 |
| |
Time deposits > 100,000 |
10,919,737 |
| |
Other time deposits |
11,262,969 |
| |
|
|
|
| Non-interest bearing demand deposits |
33,836,553 |
| |
|
Total deposits |
166,330,603 |
| |
|
|
|
| Short term borrowings |
0 |
| Other Liabilities |
(373,142) |
| |
|
Total liabilities |
165,957,461 |
| |
|
|
|
| |
|
|
|
| Shareholders' Equity: |
|
| |
|
|
|
| Common stock |
166,620 |
| Paid in capital |
143,511 |
| Retained earnings |
19,190,642 |
| |
|
|
|
| Accumulated other comprehensive income |
(6,569,973) |
| |
|
Total shareholders' equity |
12,930,800 |
| |
|
Total liabilities and shareholders' equity |
$178,888,261 |
