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MA Bank

Statement of Condition

Assets Statement of Condition 
December 31, 2023
Loans net of unearned of allowance $171,468,000.00
Less reserve for losses $2,435,000.00
Total Loans $173,903,000.00
Federal Funds Sold $ 105,000.00
Investment Securities $141,901,000.00
Cash and Due from Banks $19,834,000.00
Premises and Equipment $3,220,000.00
Other Real Estate Owned $0.00
Other Assets $16,586,000.00
Total Assets $354,362,000.00
Liabilities & Stockholders Equity Statement of Condition
December 31, 2023
Demand Deposits $74,870,000.00
Interest Bearing Deposits $241,407,000.00
Total Deposits $316,277,000.00
Other Liabilities $2,772,000.00
Federal Funds Purchased $4,250,000.00
Other Borrowed Money $1,591,000.00
Securities sold under agreements to repurchase $0.00
Stockholders Equity:
Common Stock $400,000.00
Surplus $1,900,000.00
Undivided Profits $33,185,000.00
Net unrealized holding gains(losses) on securities ($6,013,000.00)
Total Stockholders Equity $29,472,000.00
Total Liabilities & Stockholders Equity $354,362,000.00