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Equitable Savings and Loan Association

Condensed Statement of Condition

Unaudited

June 30, 2024

Strong and Steadfast
At Equitable Savings & Loan we pride ourselves on keeping a strong bottom line.

Assets

Cash and Federal Funds Sold $3,702,262.74
Investments Held for Sale $3,744,439.09
Investments - Held to maturity $-
Mortgage Loans $144,075,809.84
Non-mortgage Loans $1,408,802.43
Real Estate Owned -
Federal Home Loan Bank Stock $1,366,700.00
Office Buildings and Equipment $1,150,256.33
Other Assets $688,387.60

Total Assets

$156,136,658.03

Liabilities 

Deposit Accounts $123,069,200.86
Federal Home Loan Bank Advances $4,477,776.00
Other Borrowings $615,000.00
Reserves for Borrowers' Taxes and Insurance $1,627,479.29
Other Liabilities $402,419.46
Total Liabilities $130,191,875.61


PERMANENT STOCK, RESERVES and UNDIVIDED PROFITS 

$25,944,782.42

Liabilities and Capital $156,136,658.03

Each depositor insured to at least $250,000 in accordance with the rules and regulations of the Federal Deposit Insurance Corporation(FDIC).