Statement of Condition

These financial statements are available for you to review the strength and health of our bank. They are current as of June 30, 2018.

Assets

Statement of Condition
Mortgage Loans $48,406,080
Loans in Process ($2,061,281)
Allowance for Loan Losses ($667,919)
Deferred Income ($153,879)
Mortgage Backed Securities $6,808,469
Consumer Loans $252,545
Total Loans $52,584,016
Cash $375,369
FHLB DID & Fed Funds Sold $4,830,393
Investments & Securities $322,031
REO & REJ $0
Office Building & Equipment $503,913
Other Assets $352,086
TOTAL ASSETS $58,967,808

Liabilities

Liabilities
Deposits $51,808,865
Advances $0
Income Tax Reserve $0
Other Liabilities $1,058,049
TOTAL LIABILITIES $52,866,914

Capital

Capital
Unrealized Gain/Loss Sec.
Available for sale
$0
Retained Earnings $6,077,229
TOTAL CAPITAL - EQUITY $6,100,894

Overall

Overall
Liabilities & Net Worth $58,967,808
Equity/Assets Ratio 10.35%