|
|
March 31, 2017
|
March 31, 2016
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 21,585,138
|
$ 15,451,567
|
|
Interest Bearing Balances
|
$ 79,869,895
|
$ 83,200,265
|
|
Investment Securities
|
$ 20,803,137
|
$ 24,282,600
|
|
Federal Funds Sold
|
$ 250,000
|
$ 250,000
|
| | |
|
Loans
|
$ 680,490,529
|
$ 598,000,834
|
|
Less Allowance for Loan Loss
|
$ (7,027,806)
|
$ (5,758,317)
|
|
Net Loans
|
$ 673,462,724
|
$ 592,242,517
|
| | |
|
Bank Premises and Fixed Assets
|
$ 25,854,858
|
$ 12,426,802
|
|
Other Assets
|
$ 37,466,251
|
$ 37,333,874
|
|
TOTAL ASSETS
|
$ 859,292,001
|
$ 765,187,624
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 205,479,987
|
$ 174,179,841
|
|
Interest Bearing Deposits
|
$ 566,122,477
|
$ 506,654,745
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 2,556,974
|
$ $4,487,491
|
|
TOTAL LIABILITIES
|
$ 774,159,439
|
$ 685,322,077
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 12,680,459
|
$ 12,680,459
|
|
Retained Earnings
|
$ 71,452,103
|
$ 66,185,089
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 85,132,562
|
$ 79,865,548
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 859,292,001
|
$ 765,187,624
|
| | |