Federal Home Loan Bank advances 19,250,000 24,250,000
Paycheck Protection Program Liquidity Facility advances 8,626,623 14,271,902
Advances by borrowers for taxes and insurance Accrued interest payable
Other liabilities
TOTAL LIABILITIES
STOCKHOLDERS' EQUITY
Preferred Stock: $0.01 par value per share: 5,000,000 shares authorized and no shares issued or outstanding Common Stock: 20,000,000 shares authorized; 2,279,191 shares issued; and 2,226,310 shares outstanding at $0.01 par value
Treasury stock, at cost; 52,881 shares Paid-in capital
578,580 506,100
166,388 300,674
248,655 648,970
211,783,382
211,432,671
-
-22,769 (482,425)
22,769 -8,814,686 8,753,910
Retained earnings 15,488,186 14,382,330
Unearned Employee Stock Ownership Plan (ESOP) Accumulated other comprehensive loss
TOTAL STOCKHOLDERS' EQUITY
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
See accompanying notes to the consolidated financial statements.
(705,051)
(749,115)
21,337 23,159,502 $ 234,942,884
124,942 22,534,836
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SSB Bancorp Inc. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 13:54:04 UTC.
SSB Bancorp, Inc. is a holding company for SSB Bank (the Bank). The Bank provides a variety of financial services to individuals and corporate customers through its offices in Pittsburgh, Pennsylvania. The Bankâs primary deposit products are passbook savings accounts, money market accounts, and certificates of deposit. Its primary lending products are commercial mortgage loans and single-family residential loans. The Bank is subject to regulation and supervision by the Federal Deposit Insurance Corporation (FDIC) and the Pennsylvania Department of Banking and Securities. The Bankâs personal products and services include banking, online and mobile banking, borrowing, mortgages, credit cards through SSB Bank, and Kasasa Care. The Bankâs small business products and services include banking, online and mobile banking, borrowing, merchant services, electronic merchant systems plus (EMS+) for small businesses, and paycheck protection program loan (PPP) forgiveness.