Financial Statements
Consolidated Reports of Financial Condition
Dollar Amounts in Thousands
As of December 31
Assets
2018
2017
Cash and balances due from banks
$48,936
$50,710
Securities - Available-for-sale
990
998
Loans receivable
318,922
307,611
Less: Allowance for loan losses
2,407
2,272
Loans receivable, net
316,515
305,339
Premises and fixed assets
8,659
8,803
Other real estate owned
-
350
Goodwill
13,785
13,785
Other assets
5,679
6,009
Liabilities and Equity Capital
2018
2017
Interest-bearing deposits
$233,522
$232,662
Noninterest-bearing deposits
103,199
100,479
Other borrowed money
2,323
45
Other liabilities
6,004
6,203
Total liabilities
345,048
339,389
Total equity capital
49,516
46,605