Statement of Condition
 
(Unaudited, all figures in thousands)
December 31
         
2016 2015
Assets  
Cash & cash equivalents $13,703 $22,562
Investment securities $16,448 $33,104
Federal Home Loan Bank stock $4,804 $5,002
 
Residential real estate $283,481 $245,523
Commercial real estate $133,959 $130,293
Home equity loans $27,627 $25,783
Commercial loans $20,382 $22,736
Consumer loans   $11,755   $13,574
Total loans $477,204 $437,909
Allowance for loan losses   ($327)   ($3,711)
Loans, net $476,877 $434,198
 
Banking premises and equipment $9,919 $10,697
Other assets   $21,931   $18,065
 
Total assets   $543,682   $523,628
 
Liabilities and Retained Earnings
Deposits $420,463 $378,892
Federal Home Loan Bank borrowings $73,143 $86,484
Other liabilities $6,180 $5,655
Retained earnings   $43,896   $52,597
 
Total liabilities & retained earnings   $543,682   $523,628