Consolidated Balance Sheets - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 14,067,456	$ 17,839,374
Federal funds sold and overnight deposits	53,000,170	92,519,552
Total cash and cash equivalents	67,067,626	110,358,926
Securities available-for-sale	188,793,844	182,342,459
Restricted equity securities, at cost	1,390,950	1,434,450
Loans held-for-sale	821,500	339,000
Loans	702,928,547	689,988,533
Allowance for loan losses	(8,232,773)	(7,710,256)
Deferred net loan cost (fees)	405,539	(37,972)
Net loans	695,101,313	682,240,305
Bank premises and equipment, net	13,266,026	13,767,328
Accrued interest receivable	2,650,739	2,400,560
Bank owned life insurance	5,113,467	5,073,228
Goodwill	11,574,269	11,574,269
Other assets	13,662,844	9,575,274
Total assets	999,442,578	1,019,105,799
Deposits:
Demand, non-interest bearing	202,409,216	209,465,151
Interest-bearing transaction accounts	258,462,274	265,513,937
Money market funds	122,432,630	129,728,954
Savings	183,135,690	168,390,905
Time deposits, $250,000 and over	16,076,446	17,463,871
Other time deposits	89,392,386	88,837,135
Total deposits	871,908,642	879,399,953
Borrowed funds	1,300,000	1,300,000
Repurchase agreements	31,234,811	32,609,875
Junior subordinated debentures	12,887,000	12,887,000
Accrued interest and other liabilities	8,133,446	8,148,703
Total liabilities	925,463,899	934,345,531
Shareholders' Equity
Preferred stock, 1,000,000 shares authorized, 15 shares issued and outstanding at 06/30/22 and 12/31/21 ($100,000 liquidation value, per share)	1,500,000	1,500,000
Common stock - $2.50 par value; 15,000,000 shares authorized, 5,615,397 shares issued at 06/30/22 and 5,587,939 shares issued at 12/31/21	14,038,493	13,969,848
Additional paid-in capital	35,847,031	35,322,063
Retained earnings	40,682,558	37,758,105
Accumulated other comprehensive loss	(15,466,626)	(1,166,971)
Less: treasury stock, at cost; 210,101 shares at 06/30/22 and 12/31/21	(2,622,777)	(2,622,777)
Total shareholders' equity	73,978,679	84,760,268
Total liabilities and shareholders' equity	$ 999,442,578	$ 1,019,105,799
Book value per common share outstanding	$ 13.41	$ 15.48