Statement of Condition
As of March 31, 2024
| Assets | |
|---|---|
| Cash & Due from Banks | $ 1,999,442 |
| Loans | $ 49,810,784 |
| Investments | $ 21,707,781 |
| Premises & Other Assets | $ 4,768,396 |
| Fed Funds Sold | $ 1,690,000 |
| Total Assets | $ 79,976,402 |
| Liabilities & Equity | |
| Deposits |
$ 60,801,567 |
| Fed Funds Purchased | $ 0 |
| Federal Home Loan Bank Advances | $ 11,177,634 |
| Other Liabilities | $ 744,242 |
| Common Stock | $ 500,000 |
| Paid in Surplus | $ 7,500,000 |
| Undivided Profits | $ -747,041 |
| Total Liabilities & Equity | $ 79,976,402 |
| Basic Capital Ratio | 12.36% |