Premises and Equipment, net (Tables)

12 Months Ended

Dec. 31, 2013

Components of Premises and Equipment Included in Balance Sheets

Components of premises and equipment included in the balance sheets at December 31, 2013 and 2012 were as follows:

	2013			2012
Land and improvements	$	1,998,623		$	2,085,769
Buildings and improvements		11,764,356			12,544,293
Furniture and equipment		8,881,795			8,974,077
Total cost	$	22,644,774		$	23,604,139
Less accumulated depreciation		(12,024,232	)		(11,992,451	)
Premises and equipment, net	$	10,620,542		$	11,611,688