About Us

Statement of Condition

June 30, 2017 June 30, 2016
ASSETS
Cash and Noninterst Bearing Balances $ 24,861,133 $ 15,670,349
Interest Bearing Balances $ 86,853,215 $ 84,982,841
Investment Securities $ 19,866,287 $ 23,197,541
Federal Funds Sold $ 250,000 $ 250,000
Loans $ 713,204,815 $ 609,588,018
Less Allowance for Loan Loss $ (7,329,925) $ (5,904,480)
Net Loans $ 705,874,890 $ 603,683,539
Bank Premises and Fixed Assets $ 25,587,845 $ 13,854,482
Other Assets $ 38,988,449 $ 38,409,112
TOTAL ASSETS $ 902,281,820 $ 780,047,864
LIABILITIES
Noninterest Bearing Deposits $ 238,471,449 $ 188,101,293
Interest Bearing Deposits $ 573,671,071 $ 506,336,992
Federal Funds Purchased $ - $ -
Other Liabilities $ 2,814,857 $ 4,813,365
TOTAL LIABILITIES $ 814,957,377 $ 699,251,649
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 12,680,459 $ 12,680,459
Retained Earnings $ 73,643,984 $ 67,115,756
TOTAL SHAREHOLDER'S EQUITY $ 87,324,443 $ 80,796,215
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 902,281,820 $ 780,047,864