Customer Success

Financial Report

Passumpsic Bancorp, Inc. and Subsidiaries

Year Ended December 31, 2017

Consolidated Balance Sheets

Financial Report

Effective Date: Saturday, October 19, 2019

Assets20182017
Cash and due from banks$27,776,200$35,122,426
Investment securities59,908,42961,863,317
Loans net506,323,456494,000,147
Premises and fixed assets11,763,12311,818,533
Other assets44,762,63140,697,687
Total Assets$650,533,839$643,502,110
Liabilities
Deposits$537,448,168$527,257,184
Other borrowings24,016,68626,868,583
Accrued interest and other liabilities11,675,13612,748,276
Total Liabilities$573,139,990566,874,043
Equity
Retained earnings and other equity77,393,84976,628,067
Total Liabilities & Equity$650,533,839$643,502,110
Off-balance sheet standby letters of credit$561,000$481,000