| December 31 | 2022 | 2021 |
|---|
| Cash and Due From Banks | $74,693,896 | $68,812,798 |
| Securities |
$770,485,159
|
$752,763,797 |
| Federal Funds Sold | - | $12,500,000 |
| Loans and Leases, net of Unearned Income | $1,233,779,244 | $1,112,191,232
|
| Less: Allowance for loan and lease losses | $17,779,419 | $17,005,060
|
| Net Loans and Leases |
$1,215,999,825 |
$1,095,186,172
|
| Bank premises and fixed assets |
$29,604,202 |
$29,714,019
|
| Other assets |
$55,064,737
|
$47,186,691
|
| Total Assets |
$2,145,847,819
|
$2,006,163,477
|
LIABILITIES AND SHAREHOLDER’S EQUITY
| December 31 | 2022 | 2021 |
|---|
| Noninterest-bearing deposits |
$611,380,126
|
$556,298,191
|
| Interest bearing deposits |
$1,222,235,708
|
$1,248,448,215 |
| Total Deposits |
$1,833,615,834
|
$1,804,746,406 |
| Federal funds purchased |
$16,300,000
| - |
| Other Liabilities |
$139,152,354
|
$12,239,169 |
| Total Liabilities |
$1,989,068,188
|
$1,816,985,575
|
| December 31 | 2022 | 2021 |
|---|
| Common Stock |
$1,500,000
|
$1,500,000
|
| Surplus |
$93,610,500
|
$54,610,500
|
| Undivided Profits |
$152,421,307 |
$136,328,101 |
| Net unrealized holding gains (losses) on AFS Securities | ($90,752,176) |
($3,260,699) |
| Total Shareholder’s Equity |
$156,779,631 |
$189,177,902
|
| Total Liabilities and Shareholder’s Equity |
$2,145,847,819
|
$2,006,163,477
|
