Consolidated Balance Sheet (unaudited)

March 3120172016
Assets
Cash & Due from Bank$8,165,203
$7,799,145
Federal Reserve Bank Balance$16,788,334
$8,936,260
Securities$78,625,128
$80,453,682
Loans, Net$223,087,260
$209,028,387
Bank Premises & Equipment, Net$7,105,831
$7,434,001
Other Assets$13,605,118
$13,165,020
Total Assets$347,376,874
$326,816,495
Liabilities & Shareholders' Equity
Deposits$304,716,138
$281,119,360
Securities Sold Under Repurchase Agreements$7,310,645
$7,522,050
Other Borrowed Money$481,594
$3,499,052
Other Liabilities$3,207,369
$3,513,823
Total Liabilities$315,715,746
$295,654,285
Shareholders' Equity
Common Stock & Related Surplus$1,400,000$1,400,000
Treasury Stock$(745,665)
$(750,950)
Accumulated Other Comprehensive Income (Loss)$(97,502)
$866,473
Retained Earnings$31,104,295
$29,646,687
Total Shareholders' Equity$31,661,128
$31,162,210
Total Liabilities & Shareholders' Equity$347,376,874
$326,816,495
Per Share Book Value
885,382 and 885,232 shares outstanding
$35.76
$35.20

 Consolidated Statements of Income (unaudited)

Three Months Ended March 3120172016
Total Interest Income$2,707,848
$2,613,955
Total Interest Expense$91,276
$113,001
Net Interest Income$2,616,572
$2,500,954
Provision for Loan Losses$20,000
$0
Net Interest Income After Provision for Loan Losses$2,596,572
$2,500,954
Other Operating Income$764,899
$618,626
Other Operating Expenses$2,557,303
$2,446,303
Income Before Income Taxes$804,168
$673,277
Income Tax Expense$214,895
$173,652
Net Income$589,273
$499,625
Earnings Per Share$0.67
$0.56

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