NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 5. LOANS, continued
Ending Balance
Individually Evaluated
Collectively Evaluated for Impairment
for
Total
Impairment
2024:
Commercial Commercial real estate Construction and land development Agriculture Residential real estate Consumer
$ 89,891 $ 2,822,064 $ 2,911,955 131,204 11,087,715 11,218,919 - 3,840,713 3,840,713 997,788 11,181,338 12,179,126 - 8,506,153 8,506,153 - 499,820 499,820
Other - 1,980,618 1,980,618 Ending balance of allowance for loan losses $ 1,218,883 $ 39,918,421 $ 41,137,304 Ending balance to total allowance ratio 2.96% 97.04% 100.00% At December 31, 2025, the scheduled maturities of loans are as follows: 2025 Three months or less $ 329,697,052 Over three months through twelve months 698,100,006 Over one year through three years 613,112,208 Over three years through five years 706,877,852 Over five years through fifteen years 515,159,497 Over fifteen years $ 3,455829,,128337,,712005
2025 Annual Report | 42
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