|
|
Sept 30, 2019
|
Sept 30, 2018
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 25,881,167
|
$ 23,248,961
|
|
Interest Bearing Balances
|
$ 109,618,431
|
$ 101,589,384
|
|
Investment Securities
|
$ 9,781,925
|
$ 13,547,666
|
|
Federal Funds Sold
|
$ 250,000
|
$ 250,000
|
| | |
|
Loans
|
$ 956,007,985
|
$ 902,929,324
|
|
Less Allowance for Loan Loss
|
$ (9,037,678)
|
$ (8,269,101)
|
|
Net Loans
|
$ 946,970,307
|
$ 894,660,223
|
| | |
|
Bank Premises and Fixed Assets
|
$ 25,644,975
|
$ 25,430,523
|
|
Other Assets
|
$ 43,897,704
|
$ 39,802,599
|
|
TOTAL ASSETS
|
$ 1,162,044,508
|
$ 1,098,529,355
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 343,946,441
|
$ 305,535,631
|
|
Interest Bearing Deposits
|
$ 686,923,251
|
$ 677,848,412
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 4,904,293
|
$ 3,133,648
|
|
TOTAL LIABILITIES
|
$ 1,035,773,985
|
$ 986,517,691
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 27,680,459
|
$ 27,680,459
|
|
Retained Earnings
|
$ 97,590,065
|
$ 83,331,205
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 126,270,524
|
$ 112,011,664
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 1,162,044,508
|
$ 1,098,529,355
|
| | |