Assets
Financial Condition
As of December 31, 2022
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| Type of asset | Amount in US Dollars |
|---|---|
| Loans................................................................................. | $869,904,976 |
| Reserve for Loan Losses.................................................. | ($16,233,200) |
| U.S. Government Agency Securities................................ | 23,419,980 |
| State and Local Government Securities.......................... | 4,445,802 |
| Federal Funds Sold........................................................... | 0 |
| Cash and Due from Banks................................................ | 51,408,117 |
| Bank Building, Furniture, Fixtures & Equipment.............. | 16,649,928 |
| Other Assets..................................................................... | 31,185,748 |
$980,781,352 |
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| Type of Liability or Capital | Amount in US Dollars |
|---|---|
| Demand Deposits............................................................. | $337,266,143 |
| Time and Savings Deposits............................................. | 456,457,969 |
| Other Liabilities................................................................. | 73,155,558 |
| Capital, Surplus and Undivided Profits........................... | 113,901,683 |
$980,781,352 |