Consolidated Statement of Condition
(unaudited, in thousands)
Assets
| Asset Type | March 31, 2025 |
December 31, 2024 |
|---|---|---|
| Cash and Due from Banks | $ 13,963 | $ 10,945 |
| Interest-Bearing Balances Due | ||
| From Depository Institutions | 14,863 | 10,737 |
| Investment Securities | 462,157 | 463,783 |
| Loans | 745,332 | 741,005 |
| Less: Allowance for Loan Losses | (18,570) | (18,551) |
| Net Loans | 726,762 | 722,454 |
| Premises and Equipment | 13,075 | 13,277 |
| Other Assets | 81,334 | 87,672 |
| TOTAL ASSETS | $1,312,154 | $ 1,308,868 |
Liabilities and Shareholders’ Equity
| Liabilities and Shareholder's Equity Type |
March 31,
2025 |
December 31, 2024 |
|---|---|---|
| Non-Interest Bearing Deposits | $ 340,273 | $ 339,298 |
| Interest-Bearing Deposits | 682,445 | 675,723 |
| Total Deposits | 1,022,718 | 1,015,021 |
| Other Borrowed Funds | 125,000 | 132,800 |
| Other Liabilities | 4,222 | 5,565 |
| TOTAL LIABILITIES | 1,151,940 | 1,153,386 |
| Common Stock | 2,967 | 2,967 |
| Additional Paid in Capital | 4,524 | 4,524 |
| Retained Earnings, Net | 152,723 | 147,991 |
| TOTAL SHAREHOLDERS' EQUITY | 160,214 | 155,482 |
| TOTAL LIABILITIES AND EQUITY | $ 1,312,154 | $ 1,308,868 |