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, 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%