Statement of Condition

Assets 6/30/2023 12/31/2022
Cash & Due 11,201,000 10,881,000
Fed Funds Sold 20,500,000 8,375,000
Securities 137,330,000 143,179,000
Loans, net of reserve 165,139,000 163,595,000
Fixed Assets 7,218,000 7,354,000
Other Assets 15,310,000
15,279,000
Total Assets 356,698,000 348,663,000

Liabilities    
Deposits 322,225,000 315,742,000
Borrowed Funds                           -                              -   
Other Liabilities 2,640,000 4,412,000
Total Liabilities 324,865,000 320,154,000

Capital    
Common Stock  2,602,000 2,602,000
Surplus 6,091,000 5,316,000
Undivided Profit 23,140,000 20,591,000
Total Capital  31,833,000 28,509,000
Total Liabilities & Capital 356,698,000 348,663,000

 Condensed Income Statement 6/30/2023 12/31/2022
Interest Income 6,907,000 11,462,000
Interest Expense 1,817,000 1,409,000
Net Interest Income 5,090,000 10,053,000
Total Non-Interest Income 2,229,000 4,682,000
Total Non-Interest Expense 5,720,000 11,211,000
Net Income 1,599,000 3,524,000