About Us

Statement of Condition

Sep 30, 2023 Sep 30, 2022
ASSETS
Cash and Noninterst Bearing Balances $ 80,761,291 $ 26,326,402
Interest Bearing Balances $ 197,494,241 $ 465,506,346
Investment Securities $ 21,490,473 $ 118,711,686
Federal Funds Sold $ 1,229,000 $ 250,000
Loans $ 1,359,268,459 $ 1,274,329,529
Less Allowance for Credit Loss $ (15,092,896) $ (14,017,435)
Net Loans $ 1,344,175,563 $ 1,260,312,094
Bank Premises and Fixed Assets $ 40,185,030 $ 32,299,446
Other Assets $ 52,344,611 $ 51,868,949
TOTAL ASSETS $ 1,737,680,209 $ 1,955,274,923
LIABILITIES
Noninterest Bearing Deposits $ 521,617,800 $ 570,554,474
Interest Bearing Deposits $ 1,001,241,329 $ 1,201,890,554
Federal Funds Purchased $ - $ -
Other Liabilities $ 12,156,065 $ 9,797,058
TOTAL LIABILITIES $ 1,535,015,194 $ 1,782,242,087
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 36,680,459 $ 36,680,459
Retained Earnings $ 164,984,556 $ 135,352,378
TOTAL SHAREHOLDER'S EQUITY $ 202,665,015 $ 173,032,837
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,737,680,209 $ 1,955,274,923