Statement of Condition

Assets 12/31/2022 6/30/2022
Cash & Due 10,881,000 11,345,000
Fed Funds Sold 8,375,000 9,500,000
Securities 143,179,000 151,699,000
Loans, net of reserve 163,595,000 152,815,000
Fixed Assets 7,354,000 7,309,000
Other Assets 15,279,000 14,198,000
Total Assets 348,663,000 346,866,000

Liabilities    
Deposits 315,742,000 313,346,000
Borrowed Funds                           -                              -   
Other Liabilities 4,412,000 2,467,000
Total Liabilities 320,154,000 315,813,000

Capital    
Common Stock  2,602,000 2,602,000
Surplus 5,316,000 5,314,000
Undivided Profit 20,591,000 23,137,000
Total Capital  28,509,000 31,053,000
Total Liabilities & Capital 348,663,000 346,866,000

 Condensed Income Statement 12/31/2022 6/30/2022
Interest Income 11,462,000 5,374,000
Interest Expense 1,409,000 542,000
Net Interest Income 10,053,000 4,832,000
Total Non-Interest Income 4,682,000 2,488,000
Total Non-Interest Expense 11,211,000 5,589,000
Net Income 3,524,000 1,731,000