These financial statements are available for you to review the strength and health of our bank. They are current as of June 30, 2022.
Assets
Statement of Condition
| Mortgage Loans |
$54,173,524 |
|---|
|
| Loans in Process |
($2,258,825) |
|---|
| Allowance for Loan Losses |
($715,574) |
|---|
| Deferred Income |
($143,270) |
|---|
| Mortgage Backed Securities |
$11,162,870 |
|---|
| Consumer Loans |
$365,966 |
|---|
| Total Loans |
$62,584,692 |
|---|
| Cash |
$1,148,480 |
|---|
| FHLB DID & Fed Funds Sold |
$516,471 |
|---|
| Investments & Securities |
$78,960 |
|---|
| REO & REJ |
$0 |
|---|
| Office Building & Equipment |
$539,868 |
|---|
| Other Assets |
$337,581 |
|---|
| TOTAL ASSETS |
$65,206,052 |
|---|
Liabilities
Liabilities
| Deposits |
$57,807,512 |
| Advances |
$0 |
| Income Tax Reserve |
$3,244 |
| Other Liabilities |
$898,714 |
| TOTAL LIABILITIES |
$58,709,470 |
Capital
Capital
Unrealized Gain/Loss Sec.
Available for sale |
$0 |
| Retained Earnings |
$6,496,581 |
| TOTAL CAPITAL - EQUITY |
$6,496,581 |
Overall
Overall
| Liabilities & Net Worth |
$65,206,052 |
| Equity/Assets Ratio |
9.96% |
