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|
31-Dec-22 |
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|
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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 |
|
|
|
|
|
|
|
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Investment securities |
75,449,251 |
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|
|
|
Loans, net of allowance |
78,257,267 |
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|
|
|
Premises and equipment, net |
912,327 |
Accrued income and other assets |
8,685,784 |
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|
|
|
|
|
Total assets |
$178,888,261 |
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LIABILITIES: |
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|
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Deposits: |
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|
|
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Demand |
$46,776,169 |
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Savings and thrift |
63,535,175 |
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Time deposits > 100,000 |
10,919,737 |
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Other time deposits |
11,262,969 |
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|
|
|
Non-interest bearing demand deposits |
33,836,553 |
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|
Total deposits |
166,330,603 |
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|
|
|
Short term borrowings |
0 |
Other Liabilities |
(373,142) |
|
|
Total liabilities |
165,957,461 |
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|
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|
|
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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 |