Financial Statements

Consolidated Reports of Financial Condition

Dollar Amounts in Thousands

As of December 31

Assets

2016

2015

Cash and balances due from banks
$48,515
$40,800
Securities - Available-for-sale
1,011
1,014
Loans receivable
299,805
281,753
Less: Allowance for loan losses
2,228
2,110
Loans receivable, net
297,577
279,643
Premises and fixed assets
9,197
9,751
Other real estate owned
Goodwill
13,785
13,785
Other assets
6,838
7,397

Liabilities and Equity Capital

2016

2015

Interest-bearing deposits
$230,593
$211,921
Noninterest-bearing deposits
90,329
80,977
Other borrowed money
4,000
10,000
Other liabilities
8,132
7,800
Total liabilities
310,698
288,953
Bank equity capital
310,698
310,698
Total equity capital
43,869
41,692