About Us

Statement of Condition

Sept 30, 2019 Sept 30, 2018
ASSETS
Cash and Noninterst Bearing Balances $ 25,881,167 $ 23,248,961
Interest Bearing Balances $ 109,618,431 $ 101,589,384
Investment Securities $ 9,781,925 $ 13,547,666
Federal Funds Sold $ 250,000 $ 250,000
Loans $ 956,007,985 $ 902,929,324
Less Allowance for Loan Loss $ (9,037,678) $ (8,269,101)
Net Loans $ 946,970,307 $ 894,660,223
Bank Premises and Fixed Assets $ 25,644,975 $ 25,430,523
Other Assets $ 43,897,704 $ 39,802,599
TOTAL ASSETS $ 1,162,044,508 $ 1,098,529,355
LIABILITIES
Noninterest Bearing Deposits $ 343,946,441 $ 305,535,631
Interest Bearing Deposits $ 686,923,251 $ 677,848,412
Federal Funds Purchased $ - $ -
Other Liabilities $ 4,904,293 $ 3,133,648
TOTAL LIABILITIES $ 1,035,773,985 $ 986,517,691
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 27,680,459 $ 27,680,459
Retained Earnings $ 97,590,065 $ 83,331,205
TOTAL SHAREHOLDER'S EQUITY $ 126,270,524 $ 112,011,664
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,162,044,508 $ 1,098,529,355