MA Financial
We'll work to help you create security and prosperity because we know the importance of our nest egg being there when you need it.
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 |