Comparative Statement

ASSETS
  2017 2016
First Mortgage Loans 69,180,913 68,728,036
Home Equity Loans 23,570,825 23,432,389
Commercial & Other Loans 23,503,992 18,046,970
Government-Backed Mortgage Securities 160,054,414 159,668,976
Cash and Other Securities 36,244,071 32,352,786
Federal Home Loan Bank Stock 1,970,600 1,718,300
Bank Owned Life Insurance 8,688,994 8,501,409
Office Buildings and Equipment 1,126,613 1,224,396
Other Real Estate Owned 125,000 -
Other Assets 3,637,610 3,459,708
Total Assets $328,103,032 $317,132,970
 
LIABILITIES AND CAPITAL
Deposits 257,878,422 254,350,168
Borrowed Money 37,300,000 29,850,000
Advance Payments by Borrowers for Taxes 474,990 434,413
Other Liabilities 1,682,613 2,343,210
Retained Earnings 30,767,007 30,155,179
Total Liabilities and Capital $328,103,032 $317,132,970

 

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

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