Statement of Condition
As of March 31, 2023
| Assets | |
|---|---|
| Cash & Due from Banks | $ 1,979,236 |
| Loans | $ 47,268,978 |
| Investments | $ 20,398,045 |
| Premises & Other Assets | $ 5,062,526 |
| Fed Funds Sold | $ 0 |
| Total Assets | $ 74,708,784 |
| Liabilities & Equity | |
| Deposits | $ 57,909,260 |
| Fed Funds Purchased | $ 0 |
| Federal Home Loan Bank Advances | $ 9,287,992 |
| Other Liabilities | $ 675,120 |
| Common Stock | $ 500,000 |
| Paid in Surplus | $ 7,500,000 |
| Undivided Profits | $ -1,163,589 |
| Total Liabilities & Equity | $ 74,708,784 |
| Basic Capital Ratio | 12.63% |