| December 31 | 2021 | 2020 |
|---|
| Cash and Due From Banks | $68,812,798 | $67,253,217 |
| Securities |
$752,763,797
|
$341,899,469 |
| Federal Funds Sold | - | - |
| Loans and Leases, net of Unearned Income | $1,112,191,232 | $1,086,605,810
|
| Less: Allowance for loan and lease losses | $17,005,060 | $15,633,999
|
| Net Loans and Leases |
$1,095,186,172 |
$1,070,971,811
|
| Bank premises and fixed assets |
$29,714,019 |
$28,768,172
|
| Other assets |
$59,686,691
|
$60,348,326
|
| Total Assets |
$2,006,163,477
|
$1,569,240,995
|
LIABILITIES AND SHAREHOLDER’S EQUITY
| December 31 | 2021 | 2020 |
|---|
| Noninterest-bearing deposits |
$556,298,191
|
$427,463,261
|
| Interest bearing deposits |
$1,248,448,215
|
$956,825,054
|
| Total Deposits |
$1,804,746,406
|
$1,384,288,315 |
| Federal funds purchased |
-
| - |
| Other Liabilities |
$12,239,169
|
$11,494,561 |
| Total Liabilities |
$1,816,985,575
|
$1,395,782,876
|
| December 31 | 2021 | 2020 |
|---|
| Common Stock |
$1,500,000
|
$1,500,000
|
| Surplus |
$54,610,500
|
$38,110,500
|
| Undivided Profits |
$136,328,101
|
$128,401,166
|
| Net unrealized holding gains (losses) on AFS Securities | ($3,260,699) |
$5,446,453 |
| Total Shareholder’s Equity |
$189,177,902 |
$173,458,119
|
| Total Liabilities and Shareholder’s Equity |
$2,006,163,477
|
$1,569,240,995
|
