Consolidated Statement of Condition
(unaudited, in thousands)
Assets
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 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 |