Financial Statement as of December 31, 2021
Assets |
|
|---|---|
| First Mortgage Loans | $154,233,486 |
| Home Equity Loans | 13,725,423 |
| Manufactured Home Loans | 35,447,855 |
| Commercial Loans | 40,003,996 |
| Loans on Savings Accounts | 1,165,542 |
| Other Installment Loans | 269,216 |
| Less Allowance for Loan Loss | (2,597,720) |
| Cash on Hand and in Bank | 69,653,441 |
| Investments and Securities | 29,412,450 |
| Federal Home Loan Bank Stock | 170,623 |
| Office Buildings and Equipment, net | 5,543,934 |
| Other Assets | 2,173,652 |
| Total Assets | $349,201,898 |
Liabilities |
|
|---|---|
| Savings and Checking Accounts | $295,194,890 |
| Advance from Federal Home Loan Bank | 0 |
| Advance Payments by Borrowers | 1,284,017 |
| Other Liabilities | 952,599 |
| Net Worth | 51,770,392 |
| Total Liabilities and Net Worth | $349,201,898 |
