Customer Success
Financial Report
Passumpsic Bancorp, Inc. and Subsidiaries
Year Ended December 31, 2021
Consolidated Balance Sheets
Financial Report
Effective Date: Friday, February 3, 2023
Assets | 2021 | 2020 |
---|---|---|
Cash and due from banks | $113,867,798 | $143,449,874 |
Investment securities | 130,221,504 | 76,682,504 |
Loans net | 583,744,567 | 540,529,878 |
Premises and equipment | 11,563,709 | 12,190,430 |
Other assets | 41,232,948 | 41,137,427 |
Total Assets | $880,630,526 | $813,990,113 |
Liabilities | ||
Deposits | $739,721,223 | $682,293,381 |
Other borrowings | 17,539,843 | 17,488,220 |
Accrued interest and other liabilities | 14,995,979 | 14,055,876 |
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 |