December 31, 2023
Assets
Cash & Due from Banks | $13,691,021 | ||
Federal Reserve Balances | |||
US Treasury Bonds | $54,546,858 | ||
US Agency Bonds | $19,114,055 | ||
Mortgage Backed Bonds | $77,506,760 | ||
Municipal Bonds | $150,392,658 | ||
Other Bonds/CDs | $21,732,480 | ||
Fair Market Adjustment | ($28,380,649) | ||
Loans | $343,198,211 | ||
Less Loan Loss Res. | ($2,869,903) | ||
Total loans less ALLL | $475,024,659 | ||
Fed Funds Sold | $7,603,000 | ||
Bank buildings & fixtures | $9,212,945 | ||
Interest Receivable | $7,482,299 | ||
Other Assets | $1,025,854 | ||
Total Assets | $808,951,940 | ||
Liabilities
DDA deposits | $292,493,090 | ||
Time Deposits | $211,561,300 | ||
Total Deposits | $620,726,505 | ||
Fed Home Loan Borrowing | $140,800,000 | ||
Other Liabilities | $3,458,867 | ||
Interest & Taxes Payables | $1,041,668 | ||
Unrealized Gain on AFS Bonds | ($26,898,206) | ||
Total Liabilities | $739,128,834 | ||
Capital
Capital Stock | $203,500 | ||
Surplus | $26,246,500 | ||
Undivided Profits | $21,340,095 | ||
Total Capital Accounts | $69,823,106 | ||
Total Liabilities and Capital | $808,951,940 | ||