About Us

Statement of Condition

Mar 31, 2022 Mar 31, 2021
ASSETS
Cash and Noninterst Bearing Balances $ 27,107,543 $ 31,283,898
Interest Bearing Balances $ 623,149,691 $ 395,872,877
Investment Securities $ 15,132,606 $ 7,699,448
Federal Funds Sold $ 250,000 $ 250,000
Loans $ 1,208,329,160 $ 1,197,501,982
Less Allowance for Loan Loss $ (13,287,940) $ (11,000,733)
Net Loans $ 1,195,041,220 $ 1,186,501,250
Bank Premises and Fixed Assets $ 33,027,112 $ 31,299,903
Other Assets $ 55,927,702 $ 48,045,689
TOTAL ASSETS $ 1,949,635,874 $ 1,700,953,064
LIABILITIES
Noninterest Bearing Deposits $ 542,668,808 $ 501,337,633
Interest Bearing Deposits $ 1,230,252,826 $ 1,048,943,903
Federal Funds Purchased $ - $ -
Other Liabilities $ 11,631,327 $ 7,026,753
TOTAL LIABILITIES $ 1,784,552,961 $ 1,557,308,289
SHAREHOLDER'S EQUITY
Common Stock $ 1,000,000 $ 1,000,000
Paid in Surplus $ 36,680,459 $ 27,680,459
Retained Earnings $ 127,402,454 $ 114,964,316
TOTAL SHAREHOLDER'S EQUITY $ 165,082,913 $ 143,644,775
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 1,949,635,874 $ 1,700,953,064