|
|
June 30, 2019
|
June 30, 2018
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 25,351,213
|
$ 19,091,158
|
|
Interest Bearing Balances
|
$ 87,439,260
|
$ 49,891,910
|
|
Investment Securities
|
$ 10,956,898
|
$ 14,679,787
|
|
Federal Funds Sold
|
$ 251,000
|
$ 1,567,000
|
| | |
|
Loans
|
$ 947,958,089
|
$ 857,058,479
|
|
Less Allowance for Loan Loss
|
$ (8,705,343)
|
$ (7,996,777)
|
|
Net Loans
|
$ 939,252,746
|
$ 849,061,702
|
| | |
|
Bank Premises and Fixed Assets
|
$ 25,712,517
|
$ 25,571,650
|
|
Other Assets
|
$ 41,112,052
|
$ 39,057,864
|
|
TOTAL ASSETS
|
$ 1,130,075,686
|
$ 998,921,071
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 330,930,393
|
$ 273,736,048
|
|
Interest Bearing Deposits
|
$ 672,292,900
|
$ 628,159,381
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 4,539,235
|
$ 2,738,919
|
|
TOTAL LIABILITIES
|
$ 1,007,762,528
|
$ 904,634,348
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 27,680,459
|
$ 12,680,459
|
|
Retained Earnings
|
$ 93,632,700
|
$ 80,606,264
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 122,313,158
|
$ 94,286,723
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 1,130,075,686
|
$ 998,921,071
|
| | |