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Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Details    
Interest Income $ 59,093,608 $ 56,146,553
Interest Expense 5,503,225 5,422,694
NET INTEREST INCOME 53,590,383 50,723,859
Provision for loan losses 6,593,962 18,140,668
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 46,996,421 32,583,191
NET INSURANCE INCOME    
Premiums and Commissions 13,047,509 13,226,797
Insurance Claims and Expenses 4,204,534 3,660,429
Total Net Insurance Income 8,842,975 9,566,368
OTHER REVENUE 1,125,078 1,170,424
OTHER OPERATING EXPENSES:    
Personnel Expense 29,149,660 23,640,418
Occupancy Expense 4,376,644 4,486,784
Other Expense 11,430,111 12,357,914
Operating Expenses, Total 44,956,415 40,485,116
INCOME BEFORE INCOME TAXES 12,008,059 2,834,867
Provision for Income Taxes 879,680 945,346
Net Income (Loss) $ 11,128,379 $ 1,889,521
170,000 Shares Outstanding for All Periods (1,700 voting, 168,300 non-voting) $ 65.46 $ 11.11