|
|
Mar 31, 2018
|
Mar 31, 2017
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 21,731,989
|
$ 21,585,138
|
|
Interest Bearing Balances
|
$ 61,754,616
|
$ 79,869,895
|
|
Investment Securities
|
$ 15,891,320
|
$ 20,803,137
|
|
Federal Funds Sold
|
$ 250,000
|
$ 250,000
|
| | |
|
Loans
|
$ 818,288,139
|
$ 680,490,529
|
|
Less Allowance for Loan Loss
|
$ (7,589,764)
|
$ (7,027,806)
|
|
Net Loans
|
$ 810,698,375
|
$ 673,462,724
|
| | |
|
Bank Premises and Fixed Assets
|
$ 25,798,234
|
$ 25,854,858
|
|
Other Assets
|
$ 37,985,512
|
$ 37,466,251
|
|
TOTAL ASSETS
|
$ 974,110,045
|
$ 859,292,001
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 269,381,138
|
$ 205,479,987
|
|
Interest Bearing Deposits
|
$ 610,943,382
|
$ 566,122,477
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 1,908,622
|
$ 2,556,974
|
|
TOTAL LIABILITIES
|
$ 882,233,142
|
$ 774,159,439
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 12,680,459
|
$ 12,680,459
|
|
Retained Earnings
|
$ 78,196,445
|
$ 71,452,103
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 91,876,903
|
$ 85,132,562
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 974,110,045
|
$ 859,292,001
|
| | |