CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 1,643,851	$ 1,348,863
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	549,186	525,809
Provision for loan losses	12,450	137,557
Stock compensation expense	26,812	33,635
Gains from sale of securities	0	(83,263)
Net gains from sale of loans and other assets	(275,165)	(221,925)
Net loss (gains) from sale of foreclosed assets	15,564	(57,977)
Changes in other assets and liabilities:
Accrued interest receivable	160,042	106,932
Accrued interest payable	2,373	10,061
Other assets and liabilities	486,433	2,061,243
Net cash provided by operating activities	2,621,546	3,860,935
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from security sales, maturities, and paydowns	5,152,054	9,652,595
Purchase of securities	(12,507,860)	0
Purchase of restricted investments	0	(200)
Loan originations and principal collections, net	6,106,801	(12,967,236)
Purchase of bank premises and equipment	(654,044)	(971,967)
Proceeds from sale of foreclosed assets	39,636	283,221
Net cash used in investing activities	(1,863,413)	(4,003,587)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase (decrease) in deposits	(17,365,921)	628,670
Net decrease in securities sold under agreements to repurchase	(3,468,587)	(7,321,193)
Issuance of common stock	37,516,178	77,707
Redemption of preferred stock	(12,000,000)	0
Payment of dividends on preferred stock	(195,000)	(212,000)
Proceeds from Federal Home Loan Bank advances and other borrowings	60,375	18,000,000
Repayment of Federal Home Loan Bank advances and other borrowings	(18,505,765)	(22,062,293)
Net cash used in financing activities	(13,958,720)	(10,889,109)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(13,200,587)	(11,031,761)
CASH AND CASH EQUIVALENTS, beginning of year	68,748,308	79,964,633
CASH AND CASH EQUIVALENTS, end of period	55,547,721	68,932,872
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for interest	1,126,591	1,012,953
Cash paid during the period for taxes	0	0
NONCASH INVESTING AND FINANCING ACTIVITIES
Change in unrealized losses on securities available for sale	(516,665)	(912,736)
Acquisition of real estate through foreclosure	39,517	0
Financed sales of foreclosed assets	$ 0	$ 0