|
|
June 30, 2020
|
June 30, 2019
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 26,196,421
|
$ 25,351,213
|
|
Interest Bearing Balances
|
$ 175,962,375
|
$ 87,439,260
|
|
Investment Securities
|
$ 8,870,405
|
$ 10,956,898
|
|
Federal Funds Sold
|
$ 250,000
|
$ 251,000
|
| | |
|
Loans
|
$ 1,154,487,576
|
$ 947,958,089
|
|
Less Allowance for Loan Loss
|
$ (9,846,951)
|
$ (8,705,343)
|
|
Net Loans
|
$ 1,144,640,625
|
$ 939,252,746
|
| | |
|
Bank Premises and Fixed Assets
|
$ 25,034,225
|
$ 25,712,517
|
|
Other Assets
|
$ 48,699,841
|
$ 41,112,052
|
|
TOTAL ASSETS
|
$ 1,429,653,893
|
$ 1,130,075,686
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 456,880,434
|
$ 330,930,393
|
|
Interest Bearing Deposits
|
$ 830,692,632
|
$ 672,292,900
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 8,849,525
|
$ 4,539,235
|
|
TOTAL LIABILITIES
|
$ 1,296,422,592
|
$ 1,007,762,528
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 27,680,459
|
$ 27,680,459
|
|
Retained Earnings
|
$ 104,550,842
|
$ 93,632,700
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 133,231,301
|
$ 122,313,158
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 1,429,653,893
|
$ 1,130,075,686
|
| | |