Statement of Condition
As of December 31, 2023
| Assets | |
|---|---|
| Cash & Due from Banks | $ 2,524,736 |
| Loans | $ 50,394,360 |
| Investments | $ 21,524,287 |
| Premises & Other Assets | $ 4,610,313 |
| Fed Funds Sold | $ 3,100,000 |
| Total Assets | $ 82,153,696 |
| Liabilities & Equity | |
| Deposits |
$ 62,360,790 |
| Fed Funds Purchased | $ 0 |
| Federal Home Loan Bank Advances | $ 11,366,175 |
| Other Liabilities | $ 1, 087,968 |
| Common Stock | 500,000 |
| Paid in Surplus | 7,500,000 |
| Undivided Profits | $ -661,237 |
| Total Liabilities & Equity | 82,153,696 |
| Basic Capital Ratio | 12.56% |