Chelsea Savings Bank Statement of Condition

As of the close of business December 31, 2023

Assets
Cash & Due from Banks	$4,690,083
Municipal and Other Bonds	$110,413,066
Loans, including Overdrafts	$59,115,659
Bank Premises, Furniture, and Fixtures	$800,747
Other Assets	$3,073,594
Fed Funds Sold	$8,444,000
TOTAL ASSETS	$186,537,148

LIABILITIES/EQUITY CAPITAL
Deposits	$171,136,998
Other Liabilities	($425,858)
Accrued Interest Payable	$399,442
Fed Funds Borrowed	$ -
FHLB Borrowing	$218,919
Capital	$260,000
Surplus	$7,273,149
Undivided Profits	$22,861,490
Net Unrealized Gain(Loss) Securities	($15,186,991)
TOTAL LIABILITIES/EQUITY CAPITAL	$186,537,148