| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Cash and due from banks | ||||||
62 | 53 | 52 | 44 | 29 | 27 | |
Federal funds sold | ||||||
10 | 11 | 19 | 19 | 30 | 30 | |
Cash and cash equivalents | ||||||
72 | 64 | 72 | - | - | 58 | |
Cash and cash equivalents | ||||||
- | - | - | 64 | 59 | - | |
Investment securities available-for-sale, at fair value | ||||||
102 | 92 | 88 | 60 | 69 | 55 | |
Investment securities held-to-maturity | ||||||
23 | 23 | 24 | 24 | 25 | 26 | |
Restricted securities, at cost | ||||||
5 | 6 | 4 | 5 | 5 | 5 | |
Loans, net of allowance for loan losses of $9,898 and $9,584, respectively | ||||||
1,059 | 1,030 | 992 | 983 | 943 | 917 | |
Premises and equipment, net | ||||||
14 | 14 | 14 | 14 | 14 | 14 | |
Other real estate owned, net | ||||||
1 | 1 | 1 | 1 | - | 0 | |
Accrued interest and other receivables | ||||||
4 | 5 | 5 | 5 | 5 | 5 | |
Bank owned life insurance | ||||||
24 | 24 | 19 | 14 | 14 | 14 | |
Other assets | ||||||
20 | 13 | 12 | 10 | 8 | 3 | |
Total Assets | ||||||
1,329 | 1,277 | 1,234 | 1,184 | 1,146 | 1,100 | |
Liabilities and Stockholders’ Equity | ||||||
Liabilities | ||||||
Non-interest bearing deposits | ||||||
240 | 252 | 218 | 201 | 193 | 211 | |
Interest bearing demand deposits | ||||||
16 | 53 | 54 | 65 | 59 | 60 | |
Savings and NOW deposits | ||||||
60 | 63 | 63 | 61 | 61 | 51 | |
Money market deposits | ||||||
265 | 141 | 125 | 115 | 147 | 138 | |
Time deposits | ||||||
559 | 560 | 602 | 567 | 504 | 458 | |
Total deposits | ||||||
1,143 | 1,071 | 1,064 | 1,011 | 966 | 920 | |
Federal Home Loan Bank advances | ||||||
10 | 40 | 10 | 20 | 30 | 40 | |
Subordinated debt, net | ||||||
14 | 14 | 14 | 14 | 14 | 14 | |
Other liabilities | ||||||
21 | 13 | 11 | 9 | 9 | 4 | |
Total Liabilities | ||||||
1,189 | 1,140 | 1,101 | 1,055 | 1,021 | 979 | |
Stockholders’ Equity | ||||||
Common stock, $4.00 par value, 10,000,000 shares authorized; issued and outstanding 8,260,231 shares (including 155,742 nonvested shares) for March 31, 2020 and 8,260,259 shares (including 160,961 nonvested shares) for December 31, 2019 | ||||||
32 | 32 | 32 | 32 | 32 | 32 | |
Capital surplus | ||||||
74 | 75 | 74 | 74 | 74 | 74 | |
Retained earnings | ||||||
32 | 29 | 25 | 21 | 18 | 15 | |
Accumulated other comprehensive income | ||||||
0 | 0 | 0 | 0 | -0 | -0 | |
Total Stockholders’ Equity | ||||||
140 | 137 | 133 | 129 | 124 | 121 | |
Total Liabilities and Stockholders’ Equity | ||||||
1,329 | 1,277 | 1,234 | 1,184 | 1,146 | 1,100 | |