Financial Statements
Consolidated Reports of Financial Condition
Dollar Amounts in Thousands
As of December 31
Assets
2019
2018
Cash and balances due from banks
$81,895
$48,936
Securities - Available-for-sale
1,001
990
Loans receivable
312,408
318,922
Less: Allowance for loan losses
2,601
2,407
Loans receivable, net
309,807
316,515
Premises and fixed assets
8,673
8,659
Other real estate owned
-
-
Goodwill
13,785
13,785
Other assets
5,748
5,679
Liabilities and Equity Capital
2019
2018
Interest-bearing deposits
$247,930
$233,522
Noninterest-bearing deposits
111,677
103,199
Other borrowed money
2,258
2,323
Other liabilities
7,812
6,004
Total liabilities
369,677
345,048
Total equity capital
51,232
49,516