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Consolidated Statement of Condition

(unaudited, in thousands)

Assets

Assets chart for Savings Bank Consolidated Statement of Condition
Asset Type September 30, 2020 December 31, 2019
Cash and Due from Banks $ 12,328 $ 13,232
Interest-Bearing Balances Due    
From Depository Institutions 112,904 19,430
     
Investment Securities 482,184 502,580
     
Loans 634,862 531,196
Less: Allowance for Loan Losses (11,729) (11,653)
Net Loans 623,133 519,543
     
Premises and Equipment 10,425 10,270
Other Assets 45,048 39,064
TOTAL ASSETS $ 1,286,022 $ 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 September 30, 2020 December 31, 2019
Non-Interest Bearing Deposits $ 370,852 $ 263,984
Interest-Bearing Deposits 709,224 645,752
Total Deposits 1,080,076 909,736
     
Other Liabilities 4,020 5,104
     
TOTAL LIABILITIES 1,084,096 914,840
     
Common Stock 2,967 2,967
Additional Paid in Capital 4,524 4,524
Retained Earnings, Net 194,435 181,788
TOTAL SHAREHOLDERS' EQUITY 201,926 189,279
TOTAL LIABILITIES AND EQUITY $ 1,286,022 $ 1,104,119