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Consolidated Statement of Condition

(unaudited, in thousands)

Assets

Assets for Savings Bank Consolidated Statement of Condition
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 Shareholders’ Equity chart for Savings Bank Consolidated Statement of Condition
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