About Us

Statement of Condition

Sept 30, 2021 Sept 30, 2020
ASSETS
Cash and Noninterst Bearing Balances $ 26,287,734 $ 27,434,034
Interest Bearing Balances $ 561,465,788 $ 250,434,830
Investment Securities $ 8,370,505 $ 10,141,219
Federal Funds Sold $ 250,000 $ 250,000
Loans $ 1,180,041,485 $ 1,189,351,668
Less Allowance for Loan Loss $ (11,373,080) $ (10,882,662)
Net Loans $ 1,168,668,405 $ 1,178,469,006
Bank Premises and Fixed Assets $ 31,765,970 $ 25,499,241
Other Assets $ 52,746,545 $ 46,658,476
TOTAL ASSETS $ 1,849,554,949 $ 1,538,886,806
LIABILITIES
Noninterest Bearing Deposits $ 538,551,226 $ 443,222,858
Interest Bearing Deposits $ 1,151,041,310 $ 950,460,492
Federal Funds Purchased $ - $ -
Other Liabilities $ 8,190,365 $ 8,341,527
TOTAL LIABILITIES $ 1,697,782,902 $ 1,402,024,877
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 27,680,459 $ 27,680,459
Retained Earnings $ 123,091,588 $ 108,181,471
TOTAL SHAREHOLDER'S EQUITY $ 151,772,047 $ 136,861,930
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,849,554,949 $ 1,538,886,806