NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 3. RESTRICTIONS ON CASH AND DUE FROM BANKS The company has $75,000,000 held with the FHLB that is used to collateralize borrowings and letters of credit with the FHLB. NOTE 4. SECURITIES T31h,e2a0m25oratnizded20c2o4staarnedaessftoilmloawtesd: fair values of debt securities with unrealized gains and losses as of December Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value 2025: S eUc. uS r. iGt ioevsear vnami l ea nb tl ea-gf oe rn-csiaelse : and corporations $ 62,013,730 $ Ǧ $ 2,937,175 $ 59,076,555 State and political subdivisions Ǧ Ǧ Ǧ Ǧ Mortgage-backed securities 3,718,256 641 59,963 3,658,934 Other debt securities 8,113 58,182 Ǧ 66,295 65,740,099 58,823 2,997,138 62,801,784 S eSct ua trei t ai ensdhpeol dl i-ttioc -aml saut bu dr iitvyi s i o n s Ǧ Ǧ Ǧ Ǧ $ 65,740,099 $ 58,823 $ 2,997,138 $ 62,801,784
Gross Unrealized Gains
Gross Unrealized Losses
Estimated Fair Value
Amortized Cost
2024: S eUc. uS r. iGt ioevsear vnami l ea nb tl ea-gf oe rn-csiaelse :
and corporations $ 61,980,097 $ Ǧ $ 5,699,902 $ 56,280,195 State and political subdivisions 250,338 Ǧ 258 250,080 Mortgage-backed securities 4,599,003 1,013 165,221 4,434,795 Other debt securities 8,113 66,257 Ǧ 74,370 66,837,551 67,270 5,865,381 61,039,440 S eSct ua trei t ai ensdhpeol dl i-ttioc -aml saut bu dr iitvyi s i o n s Ǧ Ǧ Ǧ Ǧ $ 66,837,551 $ 67,270 $ 5,865,381 $ 61,039,440 The amortized cost and fair value of debt securities by contractual maturity as of December 31, 2025 are shown buenldoewrl.yMinagttuhreitsieescumriatyiedsimffearyfbroemcaclloendtorarcrteupaal imd awtuitrhiotiuetspinenmalotrietgs.age-backed securities because the mortgages Amortized Cost Fair Value Due in one year or less $ 28,987,731 $ 28,474,599 Due after one year through five years 33,299,727 30,871,628 Due after five years through ten years 1,021,622 980,071 Due after ten years 2,431,019 2,475,486 $ 65,740,099 $ 62,801,784
2025 Annual Report | 33
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