Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 2,428,381	$ 2,620,309
Interest-bearing demand deposits in banks	7,063,240	4,107,880
Federal funds sold	1,656,000	4,361,000
Cash and cash equivalents	11,147,621	11,089,189
Interest-bearing time deposits	200,000	200,000
Available-for-sale securities	427,338	630,361
Loans held for sale	4,128,092	1,282,000
Loans, net of allowance for loan losses of $1,404,988 and $1,405,072, respectively	176,159,596	170,365,031
Premises and equipment, net	3,398,213	3,407,185
Federal Home Loan Bank stock	2,657,400	2,583,100
Foreclosed assets held for sale	0	102,098
Interest receivable	611,126	569,659
Mortgage servicing rights	1,398,293	1,252,740
Federal Home Loan Bank lender risk account receivable	1,583,550	1,703,276
Bank-owned life insurance	4,042,150	3,997,242
Other assets	581,022	512,180
Total assets	206,334,401	197,694,061
Deposits
Demand	27,963,967	29,308,448
Savings	34,732,283	32,534,398
Certificates of Deposits	75,959,432	80,548,910
Total deposits	138,655,682	142,391,756
Federal Home Loan Bank advances	41,315,752	28,580,438
Advances from borrowers for taxes and insurance	1,056,672	1,799,419
Interest payable	76,894	53,945
Directors deferred compensation	610,506	571,186
Other liabilities	1,098,604	1,155,894
Total liabilities	182,814,110	174,552,638
Commitments and Contingent Liabilities
Temporary Equity
ESOP Shares subject to mandatory redemption	209,202	180,563
Stockholders' Equity
Preferred stock - authorized 1,000,000 shares, $0.01 par value, none issued	0	0
Common stock - authorized 9,000,000 shares, $0.01 par value, 1,816,517 and 1,816,329 issued and outstanding at June 30, 2019 and December 31, 2018, respectively	29,593	29,593
Additional paid-in-capital	7,488,899	7,458,745
Unearned ESOP Shares	(471,779)	(494,245)
Retained earnings - substantially restricted	16,531,264	16,219,209
Accumulated other comprehensive loss	(266,888)	(252,442)
Total stockholders' equity	23,311,089	22,960,860
Total liabilities, temporary equity, and stockholders' equity	$ 206,334,401	$ 197,694,061

Cincinnati Bancorp 10-Q