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).