Statement of Condition
As of September 30, 2023
| Assets | |
|---|---|
| Cash & Due from Banks | $ 1,667,030 |
| Loans | $ 48,628,162 |
| Investments | $ 20,049,270 |
| Premises & Other Assets | $ 5,485,756 |
| Fed Funds Sold | $ 835,000 |
| Total Assets | $ 76,665,217 |
| Liabilities & Equity | |
| Deposits | $ 58,339,226 |
| Fed Funds Purchased | $ 0 |
| Federal Home Loan Bank Advances | $ 11,620,163 |
| Other Liabilities | $ 490,014 |
| Common Stock | $ 500,000 |
| Paid in Surplus | $ 7,500,000 |
| Undivided Profits | $ -1,784,186 |
| Total Liabilities & Equity | $ 76,665,217 |
| Basic Capital Ratio | 12.65% |