Financial Reports
| 2021 | 2020 | |
|---|---|---|
| Assets | ||
| Cash & Balances Due from Banks | $30,696,152 | $50,424,044 |
| Investment Securities | 501,511,752 | 378,887,006 |
| Loans | 648,781,853 | 643,872,636 |
| Allowance for Loan & Lease Losses | (9,451,000) | (8,825,000) |
| Net Loans | 639,330,853 | 635,047,636 |
| Bank Premises & Equipment | 18,425,349 | 16,654,494 |
| Other Assets | 39,967,863 | 33,161,113 |
| Total Assets | $1,229,931,969 | $1,114,174,293 |
| Liabilities | ||
| Deposits | ||
| Checking Accounts | $514,324,008 | $458,442,951 |
| Time Deposits | 124,144,811 | 133,837,525 |
| Other Deposits | 358,358,082 | 307,988,824 |
| Total Deposits | 996,826,901 | 900,269,300 |
| Borrowed Funds* | 36,785,097 | 36,715,752 |
| Other Liabilities | 14,436,482 | 13,653,744 |
| Total Liabilities | 1,048,048,480 | 950,638,796 |
| Capital | ||
| General Reserves & Undivided Profits | 182,216,679 | 163,007,347 |
| Accumulated Other Comprehensive Income (Loss) | (333,190) | 528,150 |
| Total Capital | 181,883,489 | 163,535,497 |
| Total Liabilities & Reserves | $1,229,931,969 | $1,114,174,293 |
| Memorandum: Letters of Credit Outstanding not included in the above figures | $2,525,210 | $1,943,538 |
* Federal Home Loan Bank advances