Statement of Condition

Assets 12/30/2021 12/31/2020
Cash & Due 12,316,000 10,738,000
Fed Funds Sold 19,425,000 16,400,000
Securities 130,959,000 79,328,000
Loans, net of reserve 155,530,000 163,026,000
Fixed Assets 7,305,000 7,489,000
Other Assets 11,126,000 10,487,000
Total Assets 336,661,000 287,468,000

Liabilities 12/30/2021 12/31/2020
Deposits 291,372,000 244,140,000
Borrowed Funds 2,027,000 2,044,000
Other Liabilities 5,430,000 3,823,000
Total Liabilities 298,829,000 250,007,000

Capital 12/30/2021 12/31/2020
Common Stock 2,602,000 2,602,000
Surplus 5,246,000 5,158,000
Undivided Profit 29,984,000 29,701,000
Total Capital 37,832,000 37,461,000
Total Liabilities & Capital
336,661,000 287,468,000
 
Condensed Income Statement
12/30/2021 12/31/2020
Interest Income 10,401,000 10,995,000
Interest Expense 1,513,000 2,081,000
Net Interest Income 8,888,000 8,914,000
Total Non-Interest Income 7,063,000 4,074,000
Total Non-Interest Expense 11,562,000 10,283,000
Net Income 4,389,000 2,705,000