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Consolidated Statement of Condition

(unaudited, in thousands)

Assets

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