| As of December 31 |
2014 |
2013 |
2012 |
| Total Assets |
$209,480,450 |
$207,860,247 |
$198,630,087 |
| Average Total Assets |
213,163,386 |
203,483,529 |
193,201,194 |
| Total Deposits |
184,208,867 |
182,913,990 |
174,053,899 |
| Gross Loans, Net |
129,100,202 |
132,229,505 |
141,378,329 |
| Allowance for Loan and Lease Losses |
2,118,859 |
2,080,891 |
2,209,604 |
| Investment Securities |
51,358,083 |
12,987,604 |
13,845,096 |
| Shareholders’ Equity |
23,278,390 |
22,893,594 |
22,495,481 |
| Average Shareholders’ Equity |
23,163,020 |
22,829,478 |
22,272,865 |
| Statement of Income |
|
|
|
| Net Interest Income |
$7,022,890 |
$6,872,335 |
$6,980,943 |
| Provision for Loan Losses |
410,000 |
350,000 |
390,000 |
| Non-Interest Income |
799,173 |
851,622 |
865,927 |
| Non-Interest Expense |
6,420,343 |
6,065,540 |
5,967,786 |
| Income Tax Expense |
295,925 |
450,428 |
523,850 |
| Net Income |
695,795 |
857,989 |
965,234 |
| Per Share Data |
|
|
|
| Net Income per Common Share |
$0.81 |
$1.02 |
$1.17 |
| Cash Dividends Declared |
0.59 |
0.90 |
1.00 |
| Book Value per Common Share |
27.13 |
27.19 |
27.14 |
| Ratios |
|
|
|
| Return on Average Assets |
0.33% |
0.42% |
0.50% |
| Return on Average Equity |
3.00 |
3.76 |
4.33 |
| Shareholders’ Equity/Total Assets |
11.11 |
11.01 |
11.33 |
| Allowance for Loan Losses/Gross Loans |
1.61 |
1.55 |
1.54 |
| Total Loans (Net)/Total Assets |
61.63 |
63.61 |
71.18 |
| Total Loans (Net)/Total Deposits |
70.08 |
72.29 |
81.23 |
