Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 1,074 $ 884
Interest-bearing bank deposits 41,663 30,984
Cash and cash equivalents 42,737 31,868
Time deposits with other financial institutions 5,701 12,436
Securities available for sale 96,994 81,620
Federal Home Loan Bank stock (FHLB) 550 512
Loans held for sale 972 1,972
Loans, net of unearned income 96,934 99,325
Allowance for loan losses (783) (870)
Loans, net 96,151 98,455
Premises and equipment, net 5,131 5,213
Accrued interest receivable 630 672
Bank-owned life insurance (BOLI) 9,024 8,890
Other assets 1,991 581
Total assets 259,881 242,219
Deposits:    
Noninterest bearing 12,308 9,734
Interest-bearing    
Demand and NOW checking 19,933 16,365
Money market 49,941 50,143
Savings 48,537 42,250
Time deposits over $250,000 9,897 10,705
Other time deposits 64,500 57,207
Total deposits 205,116 186,404
Escrow deposits 945 1,519
Other borrowings 5,000 4,000
Accrued expenses and other liabilities 2,872 3,571
Total liabilities 213,933 195,494
Members' equity:    
Retained earnings 45,322 45,320
Accumulated other comprehensive income, net 626 1,405
Total members' equity 45,948 46,725
Total liabilities and members' equity $ 259,881 $ 242,219