About Us

Statement of Condition

Sept 30, 2022 Sept 30, 2021
ASSETS
Cash and Noninterst Bearing Balances $ 26,326,402 $ 26,287,734
Interest Bearing Balances $ 465,506,346 $ 561,465,788
Investment Securities $ 118,711,686 $ 8,370,505
Federal Funds Sold $ 250,000 $ 250,000
Loans $ 1,274,329,529 $ 1,180,041,485
Less Allowance for Loan Loss $ (14,017,435) $ (11,373,080)
Net Loans $ 1,260,312,094 $ 1,168,668,405
Bank Premises and Fixed Assets $ 32,299,446 $ 31,765,970
Other Assets $ 51,868,949 $ 52,746,545
TOTAL ASSETS $ 1,955,274,923 $ 1,849,554,949
LIABILITIES
Noninterest Bearing Deposits $ 570,554,474 $ 538,551,226
Interest Bearing Deposits $ 1,201,890,554 $ 1,151,041,310
Federal Funds Purchased $ - $ -
Other Liabilities $ 9,797,058 $ 8,190,365
TOTAL LIABILITIES $ 1,782,242,087 $ 1,697,782,902
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 36,680,459 $ 27,680,459
Retained Earnings $ 135,352,378 $ 123,091,588
TOTAL SHAREHOLDER'S EQUITY $ 173,032,837 $ 151,772,047
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,955,274,923 $ 1,849,554,949