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About Us - Financials

Financial Statement as of December 31, 2017


Assets

First Mortgage Loans $177,898,421
Home Equity Loans 19,191,969
Manufactured Home Loans 18,082,925
Commercial Loans 27,725,145
Loans on Savings Accounts 342,660
Other Installment Loans 559,087
Cash on Hand and in Bank 10,529,547
Investments and Securities 32,474,756
Federal Home Loan Bank Stock 614,100
Office Buildings and Equipment, net 6,570,072
Other Assets 279,028
Total Assets $294,267,710

Liabilities

Savings and Checking Accounts $241,251,826
Advance from Federal Home Loan Bank 6,000,000
Advance Payments by Borrowers 1,257,492
Other Liabilities 1,028,348
     
Net Worth 44,730,044
Total Liabilities and Net Worth $294,267,710
First Shore Federal | 106 S. Division St., Salisbury MD 21801 | 410-546-1101
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