Consolidated Statement of Condition
(unaudited, in thousands)
Assets
Assets chart for Savings Bank Consolidated Statement of Condition
| Asset Type |
JUNE 30, 2020 |
December 31, 2019 |
| Cash and Due from Banks |
$ 15,984 |
$ 13,232 |
| Interest-Bearing Balances Due |
|
|
| From Depository Institutions |
73,658 |
19,430 |
| |
|
|
| Investment Securities |
490,628 |
502,580 |
| |
|
|
| Loans |
611,584 |
531,196 |
| Less: Allowance for Loan Losses |
(11,737) |
(11,653) |
| Net Loans |
599,847 |
519,543 |
| |
|
|
| Premises and Equipment |
10,465 |
10,270 |
| Other Assets |
41,729 |
39,064 |
| TOTAL ASSETS |
$ 1,232,311 |
$
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 |
jUNE 30, 2020 |
December 31, 2019 |
| Non-Interest Bearing Deposits |
$ 342,789 |
$ 263,984 |
| Interest-Bearing Deposits |
685,700 |
645,752 |
| Total Deposits |
1,028,489 |
909,736 |
| |
|
|
| Other Liabilities |
4,318 |
5,104 |
| |
|
|
| TOTAL LIABILITIES |
1,032,807 |
914,840 |
| |
|
|
| Common Stock |
2,967 |
2,967 |
| Additional Paid in Capital |
4,524 |
4,524 |
| Retained Earnings, Net |
192,013 |
181,788 |
| TOTAL SHAREHOLDERS' EQUITY |
199,504 |
189,279 |
| TOTAL LIABILITIES AND EQUITY |
$ 1,232,311 |
$ 1,104,119 |