|
|
Mar 31, 2020
|
Mar 31, 2019
|
| ASSETS |
|
|
|
Cash and Noninterst Bearing Balances
|
$ 30,163,176
|
$ 26,532,083
|
|
Interest Bearing Balances
|
$ 111,703,954
|
$ 54,755,561
|
|
Investment Securities
|
$ 9,063,041
|
$ 11,152,199
|
|
Federal Funds Sold
|
$ 250,000
|
$ 250,000
|
| | |
|
Loans
|
$ 985,737,918
|
$ 941,519,358
|
|
Less Allowance for Loan Loss
|
$ (8,848,437)
|
$ (8,126,465)
|
|
Net Loans
|
$ 976,889,481
|
$ 933,392,893
|
| | |
|
Bank Premises and Fixed Assets
|
$ 25,202,089
|
$ 25,931,053
|
|
Other Assets
|
$ 43,574,010
|
$ 40,200,354
|
|
TOTAL ASSETS
|
$ 1,196,845,751
|
$ 1,092,214,143
|
| | |
|
LIABILITIES
|
|
|
|
Noninterest Bearing Deposits
|
$ 334,658,866
|
$ 300,590,170
|
|
Interest Bearing Deposits
|
$ 723,981,465
|
$ 670,111,961
|
|
Federal Funds Purchased
|
$ -
|
$ -
|
|
Other Liabilities
|
$ 7,070,542
|
$ 3,585,225
|
|
TOTAL LIABILITIES
|
$ 1,065,710,873
|
$ 974,287,356
|
| | |
| SHAREHOLDER'S EQUITY |
| |
|
Common Stock
|
$ 1,000,000
|
$ 1,000,000
|
|
Paid in Surplus
|
$ 27,680,459
|
$ 27,680,459
|
|
Retained Earnings
|
$ 102,454,420
|
$ 89,246,328
|
|
TOTAL SHAREHOLDER'S EQUITY
|
$ 131,134,878
|
$ 117,926,786
|
|
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY
|
$ 1,196,845,751
|
$ 1,092,214,143
|
| | |