Financial Statements

Consolidated Reports of Financial Condition

Dollar Amounts in Thousands

As of December 31

Assets

2018

2017

Cash and balances due from banks
$48,936
$50,710
Securities - Available-for-sale
990
998
Loans receivable
318,922
307,611
Less: Allowance for loan losses
2,407
2,272
Loans receivable, net
316,515
305,339
Premises and fixed assets
8,659
8,803
Other real estate owned
-
350
Goodwill
13,785
13,785
Other assets
5,679
6,009
Total Assets
$394,564
$385,994

Liabilities and Equity Capital

2018

2017

Interest-bearing deposits
$233,522
$232,662
Noninterest-bearing deposits
103,199
100,479
Other borrowed money
2,323
45
Other liabilities
6,004
6,203
Total liabilities
345,048
339,389
Total equity capital
49,516
46,605
Total Liabilities and Equity Capital
$394,564
$385,994

Our History

Community Investment Program

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