Financial Statements
Consolidated Reports of Financial Condition
Dollar Amounts in Thousands
As of December 31
Assets
2017
2016
Cash and balances due from banks
$50,710
$48,515
Securities - Available-for-sale
998
1,011
Loans receivable
307,611
299,805
Less: Allowance for loan losses
2,272
2,228
Loans receivable, net
305,339
297,577
Premises and fixed assets
8,803
9,197
Other real estate owned
350
—
Goodwill
13,785
13,785
Other assets
6,009
6,838
Liabilities and Equity Capital
2017
2016
Interest-bearing deposits
$232,662
$230,593
Noninterest-bearing deposits
100,479
90,329
Other borrowed money
45
4,000
Other liabilities
6,203
8,132
Total liabilities
339,389
310,698
Total equity capital
46,605
43,869