Consolidated Statement of Condition
(unaudited, in thousands)
Assets
| Asset Type | december 31, 2022 |
December 31, 2021 |
|---|---|---|
| Cash and Due from Banks | $ 9,698 | $ 10,699 |
| Interest-Bearing Balances Due | ||
| From Depository Institutions | 797 | 45,211 |
| Investment Securities | 544,645 | 694,902 |
| Loans | 689,456 | 634,787 |
| Less: Allowance for Loan Losses | (14,974) | (14,858) |
| Net Loans | 674,482 | 619,929 |
| Premises and Equipment | 11,928 | 10,293 |
| Other Assets | 89,232 | 50,592 |
| TOTAL ASSETS | $1,330,782 | $ 1,431,626 |
Liabilities and Shareholders’ Equity
| Liabilities and Shareholder's Equity Type |
december 31,
2022 |
December 31, 2021 |
|---|---|---|
| Non-Interest Bearing Deposits | $ 382,837 | $ 416,227 |
| Interest-Bearing Deposits | 760,311 | 804,247 |
| Total Deposits | 1,143,148 | 1,220,474 |
| Other Borrowed Funds | 44,600 | - |
| Other Liabilities | 5,362 | 4,958 |
| TOTAL LIABILITIES | 1,193,110 | 1,225,432 |
| Common Stock | 2,967 | 2,967 |
| Additional Paid in Capital | 4,524 | 4,524 |
| Retained Earnings, Net | 130,181 | 198,703 |
| TOTAL SHAREHOLDERS' EQUITY | 137,672 | 206,194 |
| TOTAL LIABILITIES AND EQUITY | $ 1,330,782 | $ 1,431,626 |