b'RETAIL BANKINGSTATEMENTS OF CONDITION [ At December 31in thousands, unaudited ]15 2 % BALANCE SHEET 2019 $ 2018. ASSETS $41,936 45,131Cash and Due from BanksSecurities82,547 70,297Federal Home Loan Bank Stock 3,649 5,495Loans, Net 936,559 898,556Premises and Equipment, Net 16,004 16,971Other Assets 36,401 43,362Total Assets $ 1,117,096 $ 1,079,812LIABILITIES AND CAPITALDeposits $ 903,204 $856,411Federal Home Loan Bank Advances 67,220 88,020Other Liabilities 11,222 12,030Capital 135,450 123,351Total Liabilities and Capital$ 1,117,096 $ 1,079,812CAPITAL RATIOTier 1 Leverage Capital Ratio 12.6% 11.6%INCOME STATEMENT 2019 2018Interest and Dividend Income $ 46,311 $ 42,181Interest Expense 9,472 7,153Net Interest and Dividend Income 36,839 35,028Provision for Loan Losses 837 913Net Interest and Dividend Income441.8 Mafter Provision for Loan Losses $ 36,002 34,115Non-Interest Income 7,366 7,430Non-Interest Expense 28,515 28,327Income Before Tax Expense 14,853 13,218Income Tax Expense 3,043 2,653Net Income11,810 $ 10,5652019 ANNUAL REPORT'