Statement of Condition
At Close of Business December 31, 2021
| ASSETS:
|
|
|
| Cash and Due From Banks
|
|
$67,223,661.07
|
| Investments @ Market Value
|
|
$170,883,082.89
|
| Federal Funds Sold
|
|
$0.00
|
| Loans (Net of Reserves)
|
|
$103,056,558.49
|
| Premises and Fixed Assets
|
|
$2,167,868.51
|
| Other Assets
|
|
$10,061,735.59
|
| TOTAL ASSETS
|
|
$353,392,906.55
|
| LIABILITIES:
|
|
|
| Deposits
|
|
$319,757,058.42
|
| Other Liabilities
|
|
$1,138,843.83
|
| TOTAL LIABILITIES
|
|
$320,895,902.25
|
| EQUITY CAPITAL:
|
|
|
| Capital Stock
|
|
$400,000.00
|
| Surplus
|
|
$600,000.00
|
| Net Unrealized Gain/Loss Securities
|
|
-$855,167.28
|
| Undivided Profits
|
|
$32,352,171.58
|
| TOTAL EQUITY CAPITAL
|
|
$32,497,004.30
|
| TOTAL LIABILITIES & CAPITAL
|
|
$353,392,906.55
|
|
|
|
|
| Tier 1 Leverage Ratio
|
|
9.67%
|
| Risk Based Capital Ratio
|
|
25.63%
|