|
|
Sep 30, 2020
|
Sep 30, 2019
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 27,434,034
|
$ 25,881,167
|
|
Interest Bearing Balances
|
$ 250,434,830
|
$ 109,618,431
|
|
Investment Securities
|
$ 10,141,219
|
$ 9,781,925
|
|
Federal Funds Sold
|
$ 250,000
|
$ 250,000
|
| | |
|
Loans
|
$ 1,189,351,668
|
$ 956,007,985
|
|
Less Allowance for Loan Loss
|
$ (10,882,662)
|
$ (9,037,678)
|
|
Net Loans
|
$ 1,178,469,006
|
$ 946,970,307
|
| | |
|
Bank Premises and Fixed Assets
|
$ 25,499,241
|
$ 25,644,975
|
|
Other Assets
|
$ 46,658,476
|
$ 43,897,704
|
|
TOTAL ASSETS
|
$ 1,538,886,806
|
$ 1,162,044,508
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 443,222,858
|
$ 343,946,441
|
|
Interest Bearing Deposits
|
$ 950,460,492
|
$ 686,923,251
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 8,341,527
|
$ 4,904,293
|
|
TOTAL LIABILITIES
|
$ 1,402,024,877
|
$ 1,035,773,985
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 27,680,459
|
$ 27,680,459
|
|
Retained Earnings
|
$ 108,181,471
|
$ 97,590,065
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 136,861,930
|
$ 126,270,524
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 1,538,886,806
|
$ 1,162,044,508
|
| | |