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Consolidated Statement of Condition

(unaudited, in thousands)

Assets

Assets for Savings Bank Consolidated Statement of Condition
Asset Type June 30,
2023
December 31, 
2022
Cash and Due from Banks $ 12,022 $ 9,698
Interest-Bearing Balances Due    
From Depository Institutions 266 797
Investment Securities 529,284 544,645
Loans 704,905 689,456
Less: Allowance for Loan Losses (18,481) (14,974)
Net Loans 686,424 674,482
Premises and Equipment 13,320 11,928
Other Assets 86,164 89,232
TOTAL ASSETS $1,327,480 $ 1,330,782

Liabilities and Shareholders’ Equity

Liabilities and Shareholders’ Equity chart for Savings Bank Consolidated Statement of Condition
Liabilities and Shareholder's Equity Type June 30,
2023
December 31,
2022
Non-Interest Bearing Deposits $ 367,232 $ 382,837
Interest-Bearing Deposits 725,150 760,311
Total Deposits 1,092,382 1,143,148
Other Borrowed Funds 85,500 44,600
Other Liabilities 5,279 5,362
TOTAL LIABILITIES 1,183,161 1,193,110
Common Stock 2,967 2,967
Additional Paid in Capital 4,524 4,524
Retained Earnings, Net 136,828 130,181
TOTAL SHAREHOLDERS' EQUITY 144,319 137,672
TOTAL LIABILITIES AND EQUITY $ 1,327,480 $ 1,330,782