Consolidated Statement of Condition
(unaudited, in thousands)
Assets
Assets chart for Savings Bank Consolidated Statement of Condition
| Asset Type |
December 31, 2020 |
December 31, 2019 |
| Cash and Due from Banks |
$ 15,093 |
$ 13,232 |
| Interest-Bearing Balances Due |
|
|
| From Depository Institutions |
106,150 |
19,430 |
| |
|
|
| Investment Securities |
474,781 |
502,580 |
| |
|
|
| Loans |
662,216 |
531,196 |
| Less: Allowance for Loan Losses |
(12,838) |
(11,653) |
| Net Loans |
649,378 |
519,543 |
| |
|
|
| Premises and Equipment |
10,228 |
10,270 |
| Other Assets |
46,346 |
39,064 |
| TOTAL ASSETS |
$ 1,301,976 |
$
1,104,119 |
Liabilities and Shareholders’ Equity
Liabilities and Shareholders’ Equity chart for Savings Bank Consolidated Statement of Condition
| Liabilities and Shareholder's Equity Type |
December 31, 2020 |
December 31, 2019 |
| Non-Interest Bearing Deposits |
$ 365,054 |
$ 263,984 |
| Interest-Bearing Deposits |
728,848 |
645,752 |
| Total Deposits |
1,093,902 |
909,736 |
| |
|
|
| Other Liabilities |
4,661 |
5,104 |
| |
|
|
| TOTAL LIABILITIES |
1,098,563 |
914,840 |
| |
|
|
| Common Stock |
2,967 |
2,967 |
| Additional Paid in Capital |
4,524 |
4,524 |
| Retained Earnings, Net |
195,922 |
181,788 |
| TOTAL SHAREHOLDERS' EQUITY |
203,413 |
189,279 |
| TOTAL LIABILITIES AND EQUITY |
$ 1,301,976 |
$ 1,104,119 |