b'STATEMENTS OF CONDITION [ At December 31in thousands, unaudited ]BALANCE SHEET 2018 2017ASSETSCash and Due from Banks $ 45,131 $38,209Securities70,297 52,737Federal Home Loan Bank Stock 5,495 4,858Loans, Net 898,556 839,663Premises and Equipment, Net 16,971 13,647Other Assets 43,362 35,680Total Assets $ 1,079,812 $984,794LIABILITIES AND CAPITALDeposits $ 856,411 $794,515Repurchase Agreements - 10,064Federal Home Loan Bank Advances 88,020 54,220Other Liabilities 12,030 13,027Capital 123,351 112,968Total Liabilities and Capital $ 1,079,812 $ 984,794CAPITAL RATIOTier 1 Leverage Capital Ratio 11.6% 11.3%INCOME STATEMENT 2018 2017Interest and Dividend Income $ 42,181 $ 38,191Interest Expense 7,153 5,416Net Interest and Dividend Income 35,028 32,775Provision for Loan Losses 913 1,386Net Interest and Dividend Income 34,115 31,389After Provision for Loan LossesNon-Interest Income 7,430 6,848Non-Interest Expense 28,327 25,869Income Before Tax Expense 13,218 12,368Income Tax Expense 2,653 5,318Net Income $10,565 $ 7,0508'