Balance Sheet Accounts |
2023 |
2022 |
2021 |
2020 |
2019 |
Loans (Net) |
516,280,852 |
304,838,890 |
287,473,621 |
178,253,907 |
142,892,035 |
Total Assets |
607,852,496 |
346,036,720 |
322,377,479 |
204,227,274 |
162,883,112 |
Funds Borrowed |
434,030,953 |
259,018,890 |
250,365,374 |
160,630,694 |
127,584,542 |
Securities Issued (Net) |
100,723,950 |
41,722,141 |
37,284,304 |
22,953,260 |
18,791,531 |
Subordinated Loans |
9,017,007 |
6,507,220 |
5,523,837 |
4,463,576 |
4,025,854 |
Money Market Funds |
11,817,034 |
7,910,508 |
6,517,681 |
1,375,566 |
- |
Shareholders’ Equity |
42,432,272 |
23,750,636 |
14,550,311 |
11,413,457 |
9,080,224 |
Paid-in Capital |
20,600,000 |
13,800,000 |
10,800,000 |
9,270,000 |
7,160,000 |
Profit-Loss Statement Accounts |
2023 |
2022 |
2021 |
2020 |
2019 |
Interest Income |
48,132,696 |
17,232,240 |
7,190,739 |
5,011,499 |
4,856,159 |
Interest Expense |
(36,553,047) |
(11,472,507) |
(4,388,430) |
(3,788,554) |
(3,741,609) |
Net Interest Income |
11,579,649 |
5,759,733 |
2,802,309 |
1,222,945 |
1,114,550 |
Net Fees and Commissions and Other Operating Income |
1,671,557 |
1,066,498 |
556,923 |
239,271 |
183,021 |
Trading Income/Losses (Net) |
851,810 |
725,709 |
643,073 |
844,842 |
627,029 |
Expected Credit Losses |
(415,165) |
(277,707) |
(231,578) |
(369,469) |
(132,997) |
Other Provision Expenses |
(232,188) |
(166,545) |
(151,073) |
(14,281) |
(422) |
Personnel Expenses |
(1,360,258) |
(582,029) |
(300,661) |
(260,866) |
(225,572) |
Other Operating Expenses |
(837,146) |
(293,179) |
(212,476) |
(151,054) |
(133,974) |
Net Profit for the Period |
11,258,259 |
6,232,480 |
3,106,517 |
1,511,388 |
1,431,635 |