Statement of Condition

	June 30, 2025	December 31, 2024
Cash & Due From Banks	47,749,429	20,420,785
Federal Funds Sold	92,500,000	27,000,000
Securities available for sale	216,591,800	208,867,353
Securities held to maturity	1,420,723	1,441,651
Corporate Bonds HTM	7,500,000	7,500,000
Loans	755,296,579	808,454,684
Reserve for Bad Debts	(8,640,891)	(10,439,997)
Fixed Assets	22,707,482	21,604,184
Bank-Owned Life Insurance	26,979,212	26,584,501
Accrued Interest Income	7,742,270	8,130,937
Other Assets	24,091,410	20,344,003
Total Assets	$1,193,938,014	$1,139,908,101
Demand Deposits - Non-Interest Bearing	257,082,047	237,205,299
Interest Bearing Deposits	797,088,197	773,348,273
Total Deposits	1,054,170,244	1,010,553,572
Accrued expenses and other liabilities	14,897,191	13,887,997
Federal Funds Purchased	-	-
Trust Preferred securities	10,310,000	10,310,000
Total Liabilities	$1,079,377,435	$1,034,751,569
Common Stock	1,109,062	1,109,062
Surplus	23,472,089	23,472,089
Retained Earnings	126,878,495	121,406,975
(Less: Treasury Stock)	(10,680,470)	(9,222,330)
Net Unrealized Gains (Losses) on Available For Sale Securities	(26,218,597)	(31,609,264)
Total Capital	$114,560,579	$105,156,532