Comparative Statement

ASSETS
  2016 2015
First Mortgage Loans 68,728,036 67,356,488
Home Equity Loans 23,432,389 24,975,119
Commercial & Other Loans 18,046,970 4,587,194
Government-Backed Mortgage Securities 159,668,976 168,847,109
Cash and Other Securities 32,352,786 38,858,944
Federal Home Loan Bank Stock 1,718,300 1,914,500
Bank Owned Life Insurance 8,501,409 8,306,229
Office Buildings and Equipment 1,224,396 1,246,970
Other Real Estate Owned - -
Other Assets 3,459,708 2,746,078
Total Assets $317,132,970 $318,838,631
 
LIABILITIES AND CAPITAL
Deposits 254,350,168 253,139,670
Borrowed Money 29,850,000 33,792,658
Advance Payments by Borrowers for Taxes 434,413 486,101
Other Liabilities 2,343,210 1,882,339
Retained Earnings 30,155,179 29,537,863
Total Liabilities and Capital $317,132,970 $318,838,631

 

The FDIC, an agency of the U.S. Government, insures all depositors' savings up to at least $250,000.

If you would like additional financial information about the Bank, please contact