About Us

Statement of Condition

Mar 31, 2023 Mar 31, 2022
ASSETS
Cash and Noninterst Bearing Balances $ 36,092,952 $ 27,107,543
Interest Bearing Balances $ 314,752,747 $ 623,149,691
Investment Securities $ 120,005,796 $ 15,132,606
Federal Funds Sold $ 250,000 $ 250,000
Loans $ 1,323,964,694 $ 1,208,329,160
Less Allowance for Credit Loss $ (15,601,428) $ (13,287,940)
Net Loans $ 1,308,363,266 $ 1,195,041,220
Bank Premises and Fixed Assets $ 41,655,166 $ 33,027,112
Other Assets $ 56,339,054 $ 55,927,702
TOTAL ASSETS $ 1,877,458,981 $ 1,949,635,874
LIABILITIES
Noninterest Bearing Deposits $ 528,151,947 $ 542,668,808
Interest Bearing Deposits $ 1,147,177,015 $ 1,230,252,826
Federal Funds Purchased $ - $ -
Other Liabilities $ 13,125,575 $ 11,631,327
TOTAL LIABILITIES $ 1,688,454,537 $ 1,784,552,961
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 36,680,459 $ 36,680,459
Retained Earnings $ 151,323,986 $ 127,402,454
TOTAL SHAREHOLDER'S EQUITY $ 189,004,445 $ 165,082,913
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,877,458,981 $ 1,949,635,874