Required tax documentation will be mailed out according to the IRS postmark deadlines. They will also be made available under the documents tab in your Internet Banking as they become available. Please contact us if you have questions or need a printed copy.

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Chelsea Savings Bank Statement of Condition

As of the close of business December 31, 2024

Assets
Cash & Due from Banks	$5,269,151
Municipal and Other Bonds	$108,333,005
Loans, including Overdrafts	$67,681,608
Bank Premises, Furniture, and Fixtures	$769,028
Other Assets	$2,887,255
Fed Funds Sold	$5,663,377
TOTAL ASSETS	$190,603,424

LIABILITIES/EQUITY CAPITAL
Deposits	$172,625,280
Other Liabilities	($226,584)
Accrued Interest Payable	$471,697
Fed Funds Borrowed	$ 608,000
FHLB Borrowing	$110,725
Capital	$260,000
Surplus	$7,273,149
Undivided Profits	$23,920,972
Net Unrealized Gain(Loss) Securities	($14,439,715)
TOTAL LIABILITIES/EQUITY CAPITAL	$190,603,424

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