Consolidated Statement of Condition
(unaudited, in thousands)
Assets
Asset Type | JUNE 30, 2024 |
December 31, 2023 |
---|---|---|
Cash and Due from Banks | $ 11,591 | $ 10,257 |
Interest-Bearing Balances Due | ||
From Depository Institutions | 13,767 | 1,204 |
Investment Securities | 481,059 | 503,872 |
Loans | 726,579 | 702,254 |
Less: Allowance for Loan Losses | (18,594) | (18,559) |
Net Loans | 707,985 | 683,695 |
Premises and Equipment | 13,669 | 13,531 |
Other Assets | 88,330 | 84,999 |
TOTAL ASSETS | $1,316,401 | $ 1,297,558 |
Liabilities and Shareholders’ Equity
Liabilities and Shareholder's Equity Type |
JUNE 30,
2024 |
December 31, 2023 |
---|---|---|
Non-Interest Bearing Deposits | $ 348,075 | $ 346,786 |
Interest-Bearing Deposits | 644,773 | 706,362 |
Total Deposits | 992,848 | 1,053,148 |
Other Borrowed Funds | 166,000 | 82,000 |
Other Liabilities | 4,635 | 6,459 |
TOTAL LIABILITIES | 1,163,483 | 1,141,607 |
Common Stock | 2,967 | 2,967 |
Additional Paid in Capital | 4,524 | 4,524 |
Retained Earnings, Net | 145,427 | 148,460 |
TOTAL SHAREHOLDERS' EQUITY | 152,918 | 155,951 |
TOTAL LIABILITIES AND EQUITY | $ 1,316,401 | $ 1,297,558 |