Statement of Condition

	December 31, 2021	December 31, 2020
Cash & Due From Banks	11,017,711	19,447,597
Federal Funds Sold	24,500,000	26,250,000
Interest Bearing in other banks	850	22,088,440
Securities available for sale	249,986,260	186,731,928
Securities held to maturity	1,581,009	1,809,491
Corporate Bonds HTM	5,000,000	0
Loans	598,755,853	552,682,265
Reserve for Bad Debts	(8,689,767)	(7,676,491)
Fixed Assets	21,972,936	22,917,379
Bank-Owned Life Insurance	20,423,570	19,924,601
Accrued Interest Income	4,838,347	5,168,662
Other Assets	45,803,579	26,669,436
Total Assets	$975,190,348	$876,013,308
Demand Deposits - Non-Interest Bearing	252,916,341	194,026,851
Interest Bearing Deposits	586,391,796	565,049,670
Total Deposits	839,308,137	759,076,521
Accrued expenses and other liabilities	10,214,477	9,482,299
Fed Funds purchased	0	0
Trust Preferred securities	10,310,000	10,310,000
Total Liabilities	$859,832,614	$778,868,820
Common Stock	1,109,062	987,016
Surplus	23,472,089	8,948,615
Retained Earnings	99,738,893	92,180,397
(Less: Treasury Stock)	(8,647,370)	(8,642,683)
Net Unrealized Gains (Losses) on Available For Sale Securities	(314,940)	3,671,143
Total Capital	$115,357,734	$97,144,488