| Balance Sheet ($000) | June 30, 2022 (unaudited) |
December 31, 2021 |
December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|
| Total Assets | 448,902 | 426,783 | 380,710 | 324,402 |
| Total Net Loans | 272,660 |
244,808 |
239,867 | 217,274 |
| Total Securities | 135,077 |
148,306 |
111,998 | 86,746 |
| Total Deposits | 425,570 |
390,681 |
346,396 | 282,974 |
| Shareholders' Equity | 20,050 |
32,957 |
31,001 | 27,411 |
| Performance Ratios (%) | June 30, 2022 (unaudited) | December 31, 2021 |
December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|
| Return on Average Assets | 0.75% |
0.87% | 0.82% | 0.89% |
| Return on Average Shareholders' Equity | 12.30% |
11.43% | 9.67% | 10.84% |
| Net Interest Margin | 2.89% |
2.87% | 3.19% | 3.39% |
| Loans/Deposits | 64.07% |
62.66% | 69.25% | 76.78% |
| Securities/Assets | 30.09% |
34.75% | 29.42% | 26.74% |
| Shareholders' Equity/Assets | 4.47% |
7.72% | 8.14% | 8.45% |
| Efficiency Ratio | 67.61% |
65.49% | 65.92% | 69.03% |
| Summary of Operations ($000) | June 30, 2022 (unaudited) |
Year Ended December 31, 2021 |
Year Ended December 31, 2020 | Year Ended December 31, 2019 |
|---|---|---|---|---|
| Interest Income | 6,790 |
12,851 | 12,388 |
12,364 |
| Interest Expense | 856 |
1,564 | 1,782 |
2,296 |
| Net Interest Income | 5,934 |
11,287 | 10,606 |
10,068 |
| Provision for Loan Losses | 215 | 80 | 800 |
143 |
| Net Interest Income After Provision for Loan Losses |
5,719 | 11,207 | 9,806 |
9,925 |
| Noninterest Income | 1,081 | 2,106 | 2,097 |
1,915 |
| Noninterest Expense |
4,845
|
8,939 |
8,324
|
8,356 |
| Income Before Income Taxes |
1,955 | 4,374 | 3,579 |
3,484 |
| Income Tax Expense |
331 | 798 | 703 | 686 |
| Net Income | 1,624 | 3,576 | 2,876 |
2,798 |
| Shareholder Information | June 30, 2022 (unaudited) |
Year Ended December 31, 2021 |
Year Ended December 31, 2020 | Year Ended December 31, 2019 |
|---|---|---|---|---|
| Common Shares Outstanding | 275,746 |
275,746 | 279,246 | 279,246 |
| Basic and Diluted Earnings Per Share ($) | 5.89 |
12.93 | 10.30 |
10.02 |
| Book Value Per Share ($) | 72.71 | 119.52 | 111.02 |
98.16 |