Assets and Liabilities of the Bank
We are proud to be rated as a "Blue Ribbon Bank" by Veribanc Inc. based on our safety and soundness.
Following is an overview of our financial performance.
Assets (As of September 30,2021)
| Cash and due from banks | 40,342,043 | |
| U.S. government agency bonds | 179,528,343 | |
| Municipal bonds | 45,147,382 | |
| Other investments | 264,550 | |
| Federal reserve bank stock | 57,800 | |
| Federal home loan bank stock | 494,100 | |
| Unrealized gain (loss) on available-for-sale securities | (435,955) | 225,056,220 |
| Loans | 188,941,139 | |
| Less: reserve for loan losses | 2,293,976 | 186,647,163 |
| Federal funds sold | 0 | |
| Bank premises and equipment | 4,305,160 | |
| Accrued interest receivable | 1,717,297 | |
| Other assets | 6,449,,032 | |
| TOTAL ASSETS | $464,516,915 |
liabilities AND CAPITAL (As of september 30, 2021)
| Demand deposits | 62,961,377 | |
| Time and savings deposits | 330,428,488 | 393,389,865 |
| Accrued interest payable |
| 138,494 |
| Other liabilities | 1,563,492 | |
| Repurchase agreements | 14,353,692 | |
| Federal home loan bank- Federal funds advances | 0 | |
| Reserve for contingencies | 50,000 | |
| Capital | 963,000 | |
| Surplus | 963,000 | |
| Undivided profits | 53,477,046 | |
Unrealized gain (loss) on available-for-sale securities & supplemental retirement trust | ($381,674) | 55,071,372 |
| TOTAL LIABILITIES AND CAPITAL | $464,516,915 |
Locations & ATMS
Security Tips
Prime Time 50 Club Events
