EXCHANGE BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan EXCHANGE BANK HEALTH AND WELFARE PLAN
| Measure | Date | Value |
|---|
| 2023 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2023 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $52,372 |
| Total income from all sources (including contributions) | 2023-12-31 | $266,896 |
| Total of all expenses incurred | 2023-12-31 | $598,230 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $513,713 |
| Value of total assets at end of year | 2023-12-31 | $5,700,218 |
| Value of total assets at beginning of year | 2023-12-31 | $5,979,180 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $84,517 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $266,896 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $59,114 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $41,275 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-12-31 | $1,533 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $417,143 |
| Administrative expenses (other) incurred | 2023-12-31 | $84,517 |
| Liabilities. Value of operating payables at end of year | 2023-12-31 | $52,372 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $-331,334 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $5,647,846 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $5,979,180 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $5,641,104 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $5,520,762 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $5,520,762 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Income. Dividends from preferred stock | 2023-12-31 | $266,896 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $512,180 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2023-12-31 | 910183918 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $52,372 |
| Total income from all sources (including contributions) | 2023-01-01 | $266,896 |
| Total of all expenses incurred | 2023-01-01 | $598,230 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $513,713 |
| Value of total assets at end of year | 2023-01-01 | $5,700,218 |
| Value of total assets at beginning of year | 2023-01-01 | $5,979,180 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $84,517 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $266,896 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $59,114 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-01-01 | $41,275 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-01-01 | $1,533 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $417,143 |
| Administrative expenses (other) incurred | 2023-01-01 | $84,517 |
| Liabilities. Value of operating payables at end of year | 2023-01-01 | $52,372 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $-331,334 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $5,647,846 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $5,979,180 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $5,641,104 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Income. Dividends from preferred stock | 2023-01-01 | $266,896 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $512,180 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | MOSS ADAMS |
| Accountancy firm EIN | 2023-01-01 | 910183918 |
| 2022 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $105,139 |
| Total of all expenses incurred | 2022-12-31 | $493,166 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $475,503 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $43,997 |
| Value of total assets at end of year | 2022-12-31 | $5,979,180 |
| Value of total assets at beginning of year | 2022-12-31 | $6,367,207 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $17,663 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $61,142 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $41,275 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $39,960 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $3,174 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $417,143 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $436,543 |
| Administrative expenses (other) incurred | 2022-12-31 | $17,663 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-388,027 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,979,180 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,367,207 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $5,520,762 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $5,890,704 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $5,890,704 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $43,997 |
| Income. Dividends from preferred stock | 2022-12-31 | $61,142 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $472,329 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2022-12-31 | 910189318 |
| Total income from all sources (including contributions) | 2022-01-01 | $105,139 |
| Total of all expenses incurred | 2022-01-01 | $493,166 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $475,503 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $43,997 |
| Value of total assets at end of year | 2022-01-01 | $5,979,180 |
| Value of total assets at beginning of year | 2022-01-01 | $6,367,207 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $17,663 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $61,142 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Assets. Other investments not covered elsewhere at end of year | 2022-01-01 | $41,275 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-01-01 | $39,960 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-01-01 | $3,174 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $417,143 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $436,543 |
| Administrative expenses (other) incurred | 2022-01-01 | $17,663 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-388,027 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $5,979,180 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $6,367,207 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $5,520,762 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $43,997 |
| Income. Dividends from preferred stock | 2022-01-01 | $61,142 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $472,329 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | MOSS ADAMS |
| Accountancy firm EIN | 2022-01-01 | 910189318 |
| 2021 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2021-12-31 | $-10,512 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $-10,512 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $350,158 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,968,415 |
| Total of all expenses incurred | 2021-12-31 | $394,676 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $401,352 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,935,595 |
| Value of total assets at end of year | 2021-12-31 | $6,367,207 |
| Value of total assets at beginning of year | 2021-12-31 | $4,143,626 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $-6,676 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $43,332 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $75,827 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $39,960 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $185,473 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $436,543 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $350,158 |
| Administrative expenses (other) incurred | 2021-12-31 | $-6,676 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,573,739 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $6,367,207 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,793,468 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,333,306 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $5,890,704 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $1,624,847 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $1,624,847 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $138,421 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $2,859,768 |
| Income. Dividends from preferred stock | 2021-12-31 | $43,332 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $262,931 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2021-12-31 | 910189318 |
| 2020 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $-218,070 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-218,070 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $350,158 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $445,014 |
| Total income from all sources (including contributions) | 2020-12-31 | $979,333 |
| Total of all expenses incurred | 2020-12-31 | $434,006 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $434,006 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,091,211 |
| Value of total assets at end of year | 2020-12-31 | $4,143,626 |
| Value of total assets at beginning of year | 2020-12-31 | $3,693,155 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $55,036 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $91,211 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $185,473 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $291,146 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $23,700 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $350,158 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $445,014 |
| Other income not declared elsewhere | 2020-12-31 | $51,156 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $545,327 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,793,468 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,248,141 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $2,333,306 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $3,267,274 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $1,624,847 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $111,035 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $111,035 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $126,918 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $1,000,000 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Income. Dividends from preferred stock | 2020-12-31 | $55,036 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $307,088 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2020-12-31 | 910189318 |
| 2019 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $584,143 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $63,007 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $647,150 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $445,014 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $399,992 |
| Total income from all sources (including contributions) | 2019-12-31 | $831,572 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $684,643 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $684,643 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $110,366 |
| Value of total assets at end of year | 2019-12-31 | $3,693,155 |
| Value of total assets at beginning of year | 2019-12-31 | $3,501,204 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $74,056 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | Yes |
| Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $528,704 |
| Contributions received from participants | 2019-12-31 | $110,366 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $291,146 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $434,987 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $227,332 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $23,700 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $445,014 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $355,059 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $44,933 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $580,079 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $146,929 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,248,141 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $3,101,212 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $3,267,274 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $2,324,290 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $111,035 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $161,848 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $161,848 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $148,669 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Income. Dividends from preferred stock | 2019-12-31 | $74,056 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $308,642 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2019-12-31 | 910189318 |
| 2018 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2018-12-31 | $-229,033 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-33,437 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-262,470 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $399,992 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $538,878 |
| Total income from all sources (including contributions) | 2018-12-31 | $-87,810 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $430,856 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $430,856 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $101,072 |
| Value of total assets at end of year | 2018-12-31 | $3,501,204 |
| Value of total assets at beginning of year | 2018-12-31 | $4,158,756 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $0 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $73,588 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | Yes |
| Amount of non-exempt transactions with any party-in-interest | 2018-12-31 | $479,363 |
| Contributions received from participants | 2018-12-31 | $101,072 |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $434,987 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $560,700 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $-61,177 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $355,059 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $524,793 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $44,933 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $14,085 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-518,666 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $3,101,212 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $3,619,878 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $2,324,290 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $3,062,610 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $161,848 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $23,002 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $23,002 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $159,120 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Employer contributions (assets) at end of year | 2018-12-31 | $580,079 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $512,444 |
| Income. Dividends from preferred stock | 2018-12-31 | $73,588 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $332,913 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2018-12-31 | 910189318 |
| 2017 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2017 401k financial data |
|---|
| Total plan liabilities at end of year | 2017-12-31 | $0 |
| Total plan liabilities at beginning of year | 2017-12-31 | $0 |
| Total income from all sources | 2017-12-31 | $575,759 |
| Expenses. Total of all expenses incurred | 2017-12-31 | $566,829 |
| Benefits paid (including direct rollovers) | 2017-12-31 | $483,974 |
| Total plan assets at end of year | 2017-12-31 | $3,646,312 |
| Total plan assets at beginning of year | 2017-12-31 | $3,637,382 |
| Value of fidelity bond covering the plan | 2017-12-31 | $2,000,000 |
| Total contributions received or receivable from participants | 2017-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2017-12-31 | $71,510 |
| Contributions received from other sources (not participants or employers) | 2017-12-31 | $0 |
| Other income received | 2017-12-31 | $575,759 |
| Noncash contributions received | 2017-12-31 | $0 |
| Net income (gross income less expenses) | 2017-12-31 | $8,930 |
| Net plan assets at end of year (total assets less liabilities) | 2017-12-31 | $3,646,312 |
| Net plan assets at beginning of year (total assets less liabilities) | 2017-12-31 | $3,637,382 |
| Total contributions received or receivable from employer(s) | 2017-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2017-12-31 | $0 |
| Value of corrective distributions | 2017-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2017-12-31 | $11,345 |
| 2016 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2016 401k financial data |
|---|
| Total plan liabilities at end of year | 2016-12-31 | $0 |
| Total plan liabilities at beginning of year | 2016-12-31 | $0 |
| Total income from all sources | 2016-12-31 | $315,051 |
| Expenses. Total of all expenses incurred | 2016-12-31 | $531,210 |
| Benefits paid (including direct rollovers) | 2016-12-31 | $407,314 |
| Total plan assets at end of year | 2016-12-31 | $3,637,382 |
| Total plan assets at beginning of year | 2016-12-31 | $3,853,541 |
| Value of fidelity bond covering the plan | 2016-12-31 | $2,000,000 |
| Total contributions received or receivable from participants | 2016-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2016-12-31 | $105,055 |
| Contributions received from other sources (not participants or employers) | 2016-12-31 | $0 |
| Other income received | 2016-12-31 | $315,051 |
| Noncash contributions received | 2016-12-31 | $0 |
| Net income (gross income less expenses) | 2016-12-31 | $-216,159 |
| Net plan assets at end of year (total assets less liabilities) | 2016-12-31 | $3,637,382 |
| Net plan assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,853,541 |
| Total contributions received or receivable from employer(s) | 2016-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2016-12-31 | $0 |
| Value of corrective distributions | 2016-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2016-12-31 | $18,841 |
| 2015 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2015 401k financial data |
|---|
| Transfers to/from the plan | 2015-12-31 | $-868,498 |
| Total income from all sources | 2015-12-31 | $13,499 |
| Expenses. Total of all expenses incurred | 2015-12-31 | $-434,249 |
| Benefits paid (including direct rollovers) | 2015-12-31 | $-382,794 |
| Total plan assets at end of year | 2015-12-31 | $3,853,541 |
| Total plan assets at beginning of year | 2015-12-31 | $4,274,291 |
| Value of fidelity bond covering the plan | 2015-12-31 | $2,000,000 |
| Total contributions received or receivable from participants | 2015-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2015-12-31 | $-37,010 |
| Contributions received from other sources (not participants or employers) | 2015-12-31 | $0 |
| Other income received | 2015-12-31 | $13,499 |
| Noncash contributions received | 2015-12-31 | $0 |
| Net income (gross income less expenses) | 2015-12-31 | $447,748 |
| Net plan assets at end of year (total assets less liabilities) | 2015-12-31 | $3,853,541 |
| Net plan assets at beginning of year (total assets less liabilities) | 2015-12-31 | $4,274,291 |
| Total contributions received or receivable from employer(s) | 2015-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2015-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2015-12-31 | $-14,445 |
| 2014 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2014 401k financial data |
|---|
| Transfers to/from the plan | 2014-12-31 | $0 |
| Total income from all sources | 2014-12-31 | $318,189 |
| Expenses. Total of all expenses incurred | 2014-12-31 | $478,875 |
| Benefits paid (including direct rollovers) | 2014-12-31 | $350,960 |
| Total plan assets at end of year | 2014-12-31 | $4,274,291 |
| Total plan assets at beginning of year | 2014-12-31 | $4,434,977 |
| Value of fidelity bond covering the plan | 2014-12-31 | $2,000,000 |
| Expenses. Other expenses not covered elsewhere | 2014-12-31 | $127,915 |
| Other income received | 2014-12-31 | $318,189 |
| Net income (gross income less expenses) | 2014-12-31 | $-160,686 |
| Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $4,274,291 |
| Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,434,977 |
| 2013 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2013 401k financial data |
|---|
| Transfers to/from the plan | 2013-12-31 | $0 |
| Total plan liabilities at beginning of year | 2013-12-31 | $0 |
| Total income from all sources | 2013-12-31 | $124,120 |
| Expenses. Total of all expenses incurred | 2013-12-31 | $265,756 |
| Benefits paid (including direct rollovers) | 2013-12-31 | $198,135 |
| Total plan assets at end of year | 2013-12-31 | $2,919,279 |
| Total plan assets at beginning of year | 2013-12-31 | $3,060,915 |
| Value of fidelity bond covering the plan | 2013-12-31 | $2,000,000 |
| Total contributions received or receivable from participants | 2013-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2013-12-31 | $67,621 |
| Contributions received from other sources (not participants or employers) | 2013-12-31 | $0 |
| Other income received | 2013-12-31 | $124,120 |
| Noncash contributions received | 2013-12-31 | $0 |
| Net income (gross income less expenses) | 2013-12-31 | $-141,636 |
| Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $2,919,279 |
| Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $3,060,915 |
| Total contributions received or receivable from employer(s) | 2013-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2013-12-31 | $0 |
| Value of corrective distributions | 2013-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2013-12-31 | $0 |
| 2012 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2012 401k financial data |
|---|
| Total income from all sources | 2012-12-31 | $1,715,255 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $341,262 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $306,440 |
| Total plan assets at end of year | 2012-12-31 | $3,060,915 |
| Total plan assets at beginning of year | 2012-12-31 | $1,686,922 |
| Value of fidelity bond covering the plan | 2012-12-31 | $2,000,000 |
| Other income received | 2012-12-31 | $215,255 |
| Net income (gross income less expenses) | 2012-12-31 | $1,373,993 |
| Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $3,060,915 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $1,686,922 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $1,500,000 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-12-31 | $34,822 |
| 2011 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $123,563 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $353,093 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $314,614 |
| Total plan assets at end of year | 2011-12-31 | $1,686,922 |
| Total plan assets at beginning of year | 2011-12-31 | $1,916,452 |
| Value of fidelity bond covering the plan | 2011-12-31 | $2,000,000 |
| Expenses. Other expenses not covered elsewhere | 2011-12-31 | $38,479 |
| Other income received | 2011-12-31 | $123,563 |
| Net income (gross income less expenses) | 2011-12-31 | $-229,530 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $1,686,922 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,916,452 |
| 2010 : EXCHANGE BANK HEALTH AND WELFARE PLAN 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $141,104 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $313,795 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $301,650 |
| Total plan assets at end of year | 2010-12-31 | $1,916,452 |
| Total plan assets at beginning of year | 2010-12-31 | $2,089,143 |
| Value of fidelity bond covering the plan | 2010-12-31 | $2,000,000 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $12,145 |
| Other income received | 2010-12-31 | $141,104 |
| Net income (gross income less expenses) | 2010-12-31 | $-172,691 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $1,916,452 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,089,143 |
