About Us

Statement of Condition

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