About
Statement of Condition
| December 31, 2023 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Cash and Due From Banks | $18,870,785 | $23,160,892 |
| Federal Funds | 0 | 0 |
| Fed Home Loan Bank Stock | 246,700 | 246,700 |
| Federal Reserve Stock | 443,350 | 580,000 |
| Investments and Securities | 52,255,810 | 50,051,310 |
| R.E. Mortgage Loans | 131,776,403 | 129,803,000 |
| Commercial Loans | 71,712,816 | 80,416,000 |
| Loans on Deposits | 564,586 | 537,409 |
| Consumer Loans | 7,351,173 | 8,408,000 |
| Provision for Loan Losses | (1,461,582) | (1,483,948) |
| Bank Premises and Equipment | 8,867,178 | 8,505,000 |
| Other Assets | 12,178,822 | 11,450,300 |
| Total Assets | $302,806,042 | $311,674,663 |
| Liabilities and Surplus | ||
| Term Deposit Accounts | $70,525,663 | $92,101,217 |
| Money Market Accounts | 39,389,087 | 32,956,279 |
| Savings Accounts | 77,807,060 | 66,105,095 |
| NOW Checking Accounts | 27,934,329 | 34,711,823 |
| Non-Interest Checking Accounts | 65,415,875 | 65,118,507 |
| Christmas Club Accounts | 25,748 | 22,146 |
| Loan Escrow Deposits | 507,454 | 569,596 |
| Total Deposits | $281,605,216 | $291,584,663 |
| Borrowed Money | 0 | 0 |
| Other Liabilities | 3,712,980 | 2,331,000 |
| Surplus | 17,487,846 | 17,759,000 |
| Total Liabilities and Surplus | $302,806,042 | $311,674,663 |