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Consolidated Statement of Condition

(unaudited, in thousands)

Assets

Assets for Savings Bank Consolidated Statement of Condition
Asset Type june 30,
2022
December 31, 
2021
Cash and Due from Banks $ 16,762 $ 10,699
Interest-Bearing Balances Due    
From Depository Institutions 24,725 45,211
Investment Securities 593,339 694,902
Loans 682,525 634,787
Less: Allowance for Loan Losses (14,860) (14,858)
Net Loans 667,665 619,929
Premises and Equipment 11,420 10,293
Other Assets 78,845 50,592
TOTAL ASSETS $1,392,756 $ 1,431,626

Liabilities and Shareholders’ Equity

Liabilities and Shareholders’ Equity chart for Savings Bank Consolidated Statement of Condition
Liabilities and Shareholder's Equity Type june 30,
2022
December 31,
2021
Non-Interest Bearing Deposits $ 398,584 $ 416,227
Interest-Bearing Deposits 808,791 804,247
Total Deposits 1,207,375 1,220,474
Other Borrowed Funds 37,000 -
Other Liabilities 5,174 4,958
TOTAL LIABILITIES 1,249,549 1,225,432
Common Stock 2,967 2,967
Additional Paid in Capital 4,524 4,524
Retained Earnings, Net 135,716 198,703
TOTAL SHAREHOLDERS' EQUITY 143,207 206,194
TOTAL LIABILITIES AND EQUITY $ 1,392,756 $ 1,431,626