Statement of Condition

	March 31, 2025	December 31, 2024
Cash & Due From Banks	18,132,789	20,420,785
Federal Funds Sold	85,750,000	27,000,000
Securities available for sale	192,228,926	208,867,353
Securities held to maturity	1,431,073	1,441,651
Corporate Bonds HTM	7,500,000	7,500,000
Loans	786,398,612	808,454,684
Reserve for Bad Debts	(8,592,273)	(10,439,997)
Fixed Assets	22,124,832	21,604,184
Bank-Owned Life Insurance	26,771,935	26,584,501
Accrued Interest Income	7,066,729	8,130,937
Other Assets	20,819,317	20,344,003
Total Assets	$1,159,631,940	$1,139,908,101
Demand Deposits - Non-Interest Bearing	237,514,026	237,205,299
Interest Bearing Deposits	787,871,148	773,348,273
Total Deposits	1,025,385,174	1,010,553,572
Accrued expenses and other liabilities	13,887,643	13,887,997
Federal Funds Purchased	-	-
Trust Preferred securities	10,310,000	10,310,000
Total Liabilities	$1,049,582,817	$1,034,751,569
Common Stock	1,109,062	1,109,062
Surplus	23,472,090	23,472,089
Retained Earnings	122,668,584	121,406,975
(Less: Treasury Stock)	(10,638,470)	(9,222,330)
Net Unrealized Gains (Losses) on Available For Sale Securities	(26,562,143)	(31,609,264)
Total Capital	$110,049,123	$105,156,532