About Us

Statement of Condition

June 30, 2020 June 30, 2019
ASSETS
Cash and Noninterst Bearing Balances $ 26,196,421 $ 25,351,213
Interest Bearing Balances $ 175,962,375 $ 87,439,260
Investment Securities $ 8,870,405 $ 10,956,898
Federal Funds Sold $ 250,000 $ 251,000
Loans $ 1,154,487,576 $ 947,958,089
Less Allowance for Loan Loss $ (9,846,951) $ (8,705,343)
Net Loans $ 1,144,640,625 $ 939,252,746
Bank Premises and Fixed Assets $ 25,034,225 $ 25,712,517
Other Assets $ 48,699,841 $ 41,112,052
TOTAL ASSETS $ 1,429,653,893 $ 1,130,075,686
LIABILITIES
Noninterest Bearing Deposits $ 456,880,434 $ 330,930,393
Interest Bearing Deposits $ 830,692,632 $ 672,292,900
Federal Funds Purchased $ - $ -
Other Liabilities $ 8,849,525 $ 4,539,235
TOTAL LIABILITIES $ 1,296,422,592 $ 1,007,762,528
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 27,680,459 $ 27,680,459
Retained Earnings $ 104,550,842 $ 93,632,700
TOTAL SHAREHOLDER'S EQUITY $ 133,231,301 $ 122,313,158
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,429,653,893 $ 1,130,075,686