Consolidated Statement of Condition
(unaudited, in thousands)
Assets
| Asset Type | September 30, 2021 |
December 31, 2020 |
|---|---|---|
| Cash and Due from Banks | $ 11,002 | $ 15,093 |
| Interest-Bearing Balances Due | ||
| From Depository Institutions | 69,383 | 106,150 |
| Investment Securities | 656,454 | 474,781 |
| Loans | 646,792 | 662,216 |
| Less: Allowance for Loan Losses | (14,856) | (12,838) |
| Net Loans | 631,936 | 649,378 |
| Premises and Equipment | 10,345 | 10,228 |
| Other Assets | 51,620 | 46,346 |
| TOTAL ASSETS | $1,430,740 | $ 1,301,976 |
Liabilities and Shareholders’ Equity
| Liabilities and Shareholder's Equity Type |
September 30,
2021 |
December 31, 2020 |
|---|---|---|
| Non-Interest Bearing Deposits | $ 436,226 | $ 365,054 |
| Interest-Bearing Deposits | 783,729 | 728,848 |
| Total Deposits | 1,219,955 | 1,093,902 |
| Other Liabilities | 4,490 | 4,661 |
| TOTAL LIABILITIES | 1,224,445 | 1,098,563 |
| Common Stock | 2,967 | 2,967 |
| Additional Paid in Capital | 4,524 | 4,524 |
| Retained Earnings, Net | 198,804 | 195,922 |
| TOTAL SHAREHOLDERS' EQUITY | 206,295 | 203,413 |
| TOTAL LIABILITIES AND EQUITY | $ 1,430,740 | $ 1,301,976 |