About Us

Statement of Condition

June 30, 2022 June 30, 2021
ASSETS
Cash and Noninterst Bearing Balances $ 28,786,960 $ 28,701,448
Interest Bearing Balances $ 576,011,181 $ 478,718,999
Investment Securities $ 19,028,397 $ 11,517,541
Federal Funds Sold $ 339,000 $ 250,000
Loans $ 1,246,818,428 $ 1,183,728,090
Less Allowance for Loan Loss $ (14,432,691) $ (11,956,217)
Net Loans $ 1,232,385,737 $ 1,171,771,873
Bank Premises and Fixed Assets $ 32,671,777 $ 31,713,546
Other Assets $ 52,961,436 $ 53,610,677
TOTAL ASSETS $ 1,942,184,487 $ 1,776,284,084
LIABILITIES
Noninterest Bearing Deposits $ 547,590,897 $ 525,134,514
Interest Bearing Deposits $ 1,216,659,431 $ 1,095,482,831
Federal Funds Purchased $ - $ -
Other Liabilities $ 10,138,196 $ 8,626,004
TOTAL LIABILITIES $ 1,774,388,524 $ 1,629,243,349
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 36,680,459 $ 27,680,459
Retained Earnings $ 130,115,504 $ 118,360,277
TOTAL SHAREHOLDER'S EQUITY $ 167,795,962 $ 147,040,736
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,942,184,487 $ 1,776,284,084