About Us

Statement of Condition

Jun 30, 2018 Jun 30, 2017
ASSETS
Cash and Noninterst Bearing Balances $ 19,091,158 $ 24,861,133
Interest Bearing Balances $ 49,891,910 $ 86,853,215
Investment Securities $ 14,679,787 $ 19,866,287
Federal Funds Sold $ 1,567,000 $ 250,000
Loans $ 857,058,479 $ 713,204,815
Less Allowance for Loan Loss $ (7,996,777) $ (7,329,925)
Net Loans $ 849,061,702 $ 705,874,890
Bank Premises and Fixed Assets $ 25,571,650 $ 25,587,845
Other Assets $ 39,057,864 $ 38,988,449
TOTAL ASSETS $ 998,921,071 $ 902,281,820
LIABILITIES
Noninterest Bearing Deposits $ 273,736,048 $ 238,471,449
Interest Bearing Deposits $ 628,159,381 $ 573,671,071
Federal Funds Purchased $ - $ -
Other Liabilities $ 2,738,919 $ 2,814,857
TOTAL LIABILITIES $ 904,634,348 $ 814,957,377
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 12,680,459 $ 12,680,459
Retained Earnings $ 80,606,264 $ 73,643,984
TOTAL SHAREHOLDER'S EQUITY $ 94,286,723 $ 87,324,443
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 998,921,071 $ 902,281,820