Consolidated Statement of Condition
(unaudited, in thousands)
Assets
| Asset Type | September 30, 2022 |
December 31, 2021 |
|---|---|---|
| Cash and Due from Banks | $ 12,279 | $ 10,699 |
| Interest-Bearing Balances Due | ||
| From Depository Institutions | 11,253 | 45,211 |
| Investment Securities | 555,224 | 694,902 |
| Loans | 695,714 | 634,787 |
| Less: Allowance for Loan Losses | (14,969) | (14,858) |
| Net Loans | 680,745 | 619,929 |
| Premises and Equipment | 12,345 | 10,293 |
| Other Assets | 85,976 | 50,592 |
| TOTAL ASSETS | $1,357,822 | $ 1,431,626 |
Liabilities and Shareholders’ Equity
| Liabilities and Shareholder's Equity Type |
September 30,
2022 |
December 31, 2021 |
|---|---|---|
| Non-Interest Bearing Deposits | $ 429,287 | $ 416,227 |
| Interest-Bearing Deposits | 795,858 | 804,247 |
| Total Deposits | 1,225,145 | 1,220,474 |
| Other Borrowed Funds | - | - |
| Other Liabilities | 4,860 | 4,958 |
| TOTAL LIABILITIES | 1,230,005 | 1,225,432 |
| Common Stock | 2,967 | 2,967 |
| Additional Paid in Capital | 4,524 | 4,524 |
| Retained Earnings, Net | 120,326 | 198,703 |
| TOTAL SHAREHOLDERS' EQUITY | 127,817 | 206,194 |
| TOTAL LIABILITIES AND EQUITY | $ 1,357,822 | $ 1,431,626 |