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Balance Sheet ($000) June 30, 2020
(unaudited) 
 December 31, 2019


December 31, 2018

December 31, 2017
Total Assets 350,265  324,402  310,701 294,578
Total Net Loans 229,112  217,274  199,583 173,681
Total Securities 93,759  86,746  90,213 99,652
Total Deposits 315,865  282,974  262,250 267,760
Shareholders' Equity 29,821  27,411  23,542 22,821
Performance Ratios (%) June 30, 2020 (unaudited) December 31, 2019 December 31, 2018
December 31, 2017
Return on Average Assets

0.79%

0.89%

0.83%

0.50%

Return on Average
Shareholders' Equity
9.14% 10.84% 11.11% 6.31%
Net Interest Margin 3.32% 3.39% 3.33% 3.17%
Loans/Deposits 72.53% 76.78% 76.10% 64.86%
Securities/Assets 26.77% 26.74% 29.04% 33.83%
Shareholders' Equity/Assets 8.51% 8.45% 7.58% 7.75%
Efficiency Ratio 70.32% 69.03% 70.93% 74.44%
Summary of Operations
($000)
June 30, 2020 (unaudited) Year Ended
December 31, 2019

Year Ended
December 31, 2018
Year Ended
December 31, 2017
Interest Income 6,171 12,364 11,115 9,637
Interest Expense 966 2,296 1,637 1,070
Net Interest Income 5,205 10,068 9,478 8,567
Provision for Loan Losses 325 143 128 133
Net Interest Income After
Provision for Loan Losses
4,880 9,925 9,350 8,434
Noninterest Income 1,115 1,915 1,897 2,024
Noninterest Expense 4,341 8,356 8,186 8,167
Income Before Income
Taxes (Benefit)
1,654 3,484 3,061 2,291
Income Tax Expense
(Benefit)
333 686 546 861
Net Income 1,321 2,798 2,515 1,430
Shareholder
Information
June 30, 2020 (unaudited)

Year Ended December 31, 2019

Year Ended
December 31, 2018
Year Ended
December 31, 2017
Common shares
outstanding
279,246 279,246 279,246 282,246
Basic and Diluted
Earnings Per Share ($)
4.73 10.02 8.92 5.07
Book Value Per Share ($) 106.79 98.16 84.31 80.85
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