Customer Success

Financial Report

Passumpsic Bancorp, Inc. and Subsidiaries

Year Ended December 31, 2021

Consolidated Balance Sheets

 

Financial Report

Effective Date: Wednesday, October 5, 2022

Assets20212020
Cash and due from banks$113,867,798$143,449,874
Investment securities130,221,50476,682,504
Loans net583,744,567540,529,878
Premises and equipment11,563,70912,190,430
Other assets41,232,94841,137,427
Total Assets$880,630,526$813,990,113
Liabilities
Deposits$739,721,223$682,293,381
Other borrowings17,539,84317,488,220
Accrued interest and other liabilities14,995,97914,055,876
Total Liabilities$772,257,045$713,837,477
Equity
Retained earnings and other equity$108,373,481$100,152,636
Total Liabilities & Equity$880,630,526$813,990,113
Off-balance sheet standby letters of credit$406,000$406,500