|
|
Sep 30, 2023
|
Sep 30, 2022
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 80,761,291
|
$ 26,326,402
|
|
Interest Bearing Balances
|
$ 197,494,241
|
$ 465,506,346
|
|
Investment Securities
|
$ 21,490,473
|
$ 118,711,686
|
|
Federal Funds Sold
|
$ 1,229,000
|
$ 250,000
|
| | |
|
Loans
|
$ 1,359,268,459
|
$ 1,274,329,529
|
|
Less Allowance for Credit Loss
|
$ (15,092,896)
|
$ (14,017,435)
|
|
Net Loans
|
$ 1,344,175,563
|
$ 1,260,312,094
|
| | |
|
Bank Premises and Fixed Assets
|
$ 40,185,030
|
$ 32,299,446
|
|
Other Assets
|
$ 52,344,611
|
$ 51,868,949
|
|
TOTAL ASSETS
|
$ 1,737,680,209
|
$ 1,955,274,923
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 521,617,800
|
$ 570,554,474
|
|
Interest Bearing Deposits
|
$ 1,001,241,329
|
$ 1,201,890,554
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 12,156,065
|
$ 9,797,058
|
|
TOTAL LIABILITIES
|
$ 1,535,015,194
|
$ 1,782,242,087
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 36,680,459
|
$ 36,680,459
|
|
Retained Earnings
|
$ 164,984,556
|
$ 135,352,378
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 202,665,015
|
$ 173,032,837
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 1,737,680,209
|
$ 1,955,274,923
|
| | |