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Statement of Condition

Summary

Statement of Condition

September 30, 2019

A S S E T S

Cash and Investments.. . . . . . . . . . . . . . . .  $47,140,362

Mortgage-backed securities . .. . . . . . .. . . . .   99,604,552

Federal Home Loan Bank stock . . . .. . . . . . . .  4,206,500

Loans receivable, net. . . . . . . . . . . . . . . . . . 123,154,233

Other assets. . . . . . . . . . . . . . .  . . . . . . . . . 13,053,522

                   Total assets . . . . .  . . . . . .  . $287,159,169

L I A B I L I T I E S  &

RETAINED EARNINGS

Liabilities:

Deposits.. . . . . . . . . . . . . . . . . . . . . . . . . $160,045,835

Escrows. . . . . . . . . . . . . . . . . . .  . . . . . . . . . . . 638,023

Advances from Federal Home Loan Bank. . . .   82,687,895

Other Liabilities . .. . . . . . . . . . . . . . . . . . . . .  5,145,984

                  Total Liabilities. . . . . . . . . . . . .$248,517,737

Retained Earnings . .. . . . . . . . . . . . . . . . . . . 38,641,432

     Total Liabilities and Retained Earnings . . $287,159,169