Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 34,290,617	$ 40,358,647
Interest-bearing deposits at other financial institutions	34,457,691	33,405,986
Federal funds sold	0	6,200,000
Total cash and cash equivalents	68,748,308	79,964,633
Securities available for sale	129,421,914	166,413,218
Restricted investments, at cost	5,627,950	4,451,050
Loans, net of allowance for loan losses of $5,105,255 in 2016 and $4,354,513 in 2015	808,271,003	723,360,786
Bank premises and equipment, net	30,535,594	25,037,510
Foreclosed assets	2,386,239	5,357,950
Goodwill and core deposit intangible, net	6,635,655	6,941,107
Other assets	10,829,622	12,436,625
Total assets	1,062,456,285	1,023,962,879
Deposits:
Noninterest-bearing demand deposits	153,482,650	131,418,580
Interest-bearing demand deposits	162,702,457	149,423,954
Money market and savings deposits	274,604,724	236,900,945
Time deposits	316,275,340	340,739,072
Total deposits	907,065,171	858,482,551
Securities sold under agreement to repurchase	26,621,984	28,068,215
Federal Home Loan Bank advances and other borrowings	18,505,390	34,187,462
Accrued expenses and other liabilities	5,023,600	3,047,792
Total liabilities	957,216,145	923,786,020
Stockholders' equity:
Preferred stock - $1 par value; 2,000,000 shares authorized; 12,000 issued and outstanding in 2016 and 2015	12,000	12,000
Common stock - $1 par value; 40,000,000 shares authorized; 5,896,033 and 5,806,477 shares issued and outstanding in 2016 and 2015, respectively	5,896,033	5,806,477
Additional paid-in capital	83,463,051	82,616,015
Retained earnings	16,871,296	12,094,488
Accumulated other comprehensive loss	(1,002,240)	(352,121)
Total stockholders' equity	105,240,140	100,176,859
Total liabilities and stockholders' equity	$ 1,062,456,285	$ 1,023,962,879