Statement of Condition
As of December 31, 2022
Assets
Details | 2022 | 2021 |
Cash & Due from Depository Institutions
|
6,322,823
|
1,522,376
|
Securities
|
22,034,842
|
26,281,428
|
Federal Funds Sold
|
17,100,000
|
13,050,000
|
Loans Lease Financing Receivables
|
43,464,292
|
34,431,649
|
Less: Allowance for Loan & Lease Losses
|
(1,732,221)
|
(1,796,149)
|
Net Loans & Leases
|
41,732,070
|
32,635,500
|
Premises & Fixed Assets
|
818,922
|
727,597
|
Other Real Estate Owned
|
0
|
10,400
|
Other Assets
|
2,900,476
|
1,404,778
|
TOTAL ASSETS
|
90,909,133
|
75,632,079
|
Liabilities
Details | 2022 | 2021 |
Deposits
|
82,149,023
|
65,490,547
|
Federal Funds Purchased
|
0 |
0
|
Other Borrowed Money
|
0
|
0
|
Other Liabilities
|
222,260
|
652,985
|
TOTAL LIABILITIES
|
82,371,283
|
66,143,232
|
Equity Capital
Details | 2022 | 2021 |
Common Stock
|
600,000
|
600,000
|
Surplus
|
3,550,000
|
3,550,000
|
Undivided Profits
|
4,387,850
|
5,338,846
|
TOTAL EQUITY CAPITAL
|
8,537,850
|
9,488,846
|
TOTAL LIABILITIES & EQUITY CAPITAL
| 90,909,133 | 75,632,079 |
|