Consolidated Statement of Condition
(unaudited, in thousands)
Assets
| Asset Type | March 31, 2022 |
December 31, 2021 |
|---|---|---|
| Cash and Due from Banks | $ 16,252 | $ 10,699 |
| Interest-Bearing Balances Due | ||
| From Depository Institutions | 19,468 | 45,211 |
| Investment Securities | 647,369 | 694,902 |
| Loans | 641,343 | 634,787 |
| Less: Allowance for Loan Losses | (14,858) | (14,858) |
| Net Loans | 626,485 | 619,929 |
| Premises and Equipment | 10,954 | 10,293 |
| Other Assets | 66,364 | 50,592 |
| TOTAL ASSETS | $1,386,892 | $ 1,431,626 |
Liabilities and Shareholders’ Equity
| Liabilities and Shareholder's Equity Type |
MARCH 31,
2022 |
December 31, 2021 |
|---|---|---|
| Non-Interest Bearing Deposits | $ 413,649 | $ 416,227 |
| Interest-Bearing Deposits | 799,251 | 804,247 |
| Total Deposits | 1,212,900 | 1,220,474 |
| Other Liabilities | 4,891 | 4,958 |
| TOTAL LIABILITIES | 1,217,791 | 1,225,432 |
| Common Stock | 2,967 | 2,967 |
| Additional Paid in Capital | 4,524 | 4,524 |
| Retained Earnings, Net | 161,610 | 198,703 |
| TOTAL SHAREHOLDERS' EQUITY | 169,101 | 206,194 |
| TOTAL LIABILITIES AND EQUITY | $ 1,386,892 | $ 1,431,626 |