| December 31 | 2020 | 2019 |
|---|
| Cash and Due From Banks | $67,253,217 | $35,767,045 |
| Securities |
$341,899,469
|
$308,149,678 |
| Federal Funds Sold | - | - |
| Loans and Leases, net of Unearned Income | $1,086,605,810 | $969,666,435
|
| Less: Allowance for loan and lease losses | $15,633,999 | $14,037,804
|
| Net Loans and Leases |
$1,070,971,811 |
$955,628,631
|
| Bank premises and fixed assets |
$28,768,172 |
$29,684,288
|
| Other assets |
$60,348,326
|
$40,465,289
|
| Total Assets |
$1,569,240,995
|
$1,369,694,931
|
LIABILITIES AND SHAREHOLDER’S EQUITY
| December 31 | 2020 | 2019 |
|---|
| Noninterest-bearing deposits |
$427,463,261
|
$328,756,575
|
| Interest bearing deposits |
$956,825,054
|
$841,661,727
|
| Total Deposits |
$1,384,288,315
|
$1,170,418,302 |
| Federal funds purchased |
-
| $3,150,000 |
| Other Liabilities |
$11,494,561
|
$41,033,039 |
| Total Liabilities |
$1,395,782,876
|
$1,214,601,341
|
| December 31 | 2020 | 2019 |
|---|
| Common Stock |
$1,500,000
|
$1,500,000
|
| Surplus |
$38,110,500
|
$38,110,500
|
| Undivided Profits |
$128,401,166
|
$113,831,017
|
| Net unrealized holding gains (losses) on AFS Securities | $5,446,453 |
$1,652,073 |
| Total Shareholder’s Equity |
$173,458,119 |
$155,093,590
|
| Total Liabilities and Shareholder’s Equity |
$1,569,240,995
|
$1,369,694,931
|
