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% |