December 31, 2019

As of:
September 30, 2020

Assets

Cash and due from banks:

$97,291,948

$170,369,449

Federal funds sold/due from time:

$42,034,000

$29,197,000

Securities available for sale:

$235,847,442

$283,125,633

Securities held at maturity:

 

 

Loans, net of unearned income,
allowance and loan losses:

$837,978,961

$905,901,703

Customers liability on letters of credit:

$2,382,013

$982,651

Other assets:

$81,290,136

$80,653,644

Total Assets:

$1,296,824,500

$1,470,230,080

Liabilities and Equity

Deposits:

   

Demand deposits:

$236,710,213

$341,669,036

Interest bearing:

$890,471,887

$944,838,443

Total Deposits:

$1,127,182,100

$1,286,507,479

Customers liability
on letters of credit:

$2,382,013 $982,651

Other liabilities:

$4,800,112 $5,094,008

Equity capital:

 $ 162,460,275

 $177,645,942

Total liabilities and equity:

$1,296,824,500

$,1,470,230,080