Consolidated Balance Sheets - USD ($)	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 2,355,547	$ 1,930,751
Interest-bearing deposits at other financial institutions	31,010,120	13,596,970
Total cash and cash equivalents	33,365,667	15,527,721
Securities available for sale	74,481,436	87,192,909
Securities held to maturity (fair value $22,410 and $25,702 at June 30, 2015 and December 31, 2014, respectively)	22,131	25,428
Federal Home Loan Bank stock, at cost	2,322,900	2,322,900
Loans, net of allowance for loan losses of $3,579,280 and $3,495,129 at June 30, 2015 and December 31, 2014, respectively	306,270,553	291,869,338
Bank premises and equipment, net	6,199,666	4,828,123
Accrued interest receivable	1,072,137	1,142,899
Foreclosed assets	7,165,227	8,000,365
Other assets	4,639,533	4,830,113
Total assets	435,539,250	415,739,796
Deposits:
Noninterest-bearing demand deposits	53,469,722	57,034,792
Interest-bearing demand deposits	38,166,656	26,464,173
Savings deposits and money market accounts	76,739,986	80,861,110
Time deposits	163,187,036	144,294,390
Total deposits	331,563,400	308,654,465
Accrued interest payable	104,070	71,925
Federal funds purchased and securities sold under agreements to repurchase	23,992,994	29,409,505
Federal Home Loan Bank advances and other borrowings	31,000,000	36,000,000
Other liabilities	8,182,161	941,796
Total liabilities	394,842,625	375,077,691
Stockholders' equity:
Preferred stock - no par value; 2,000,000 shares authorized; 600,000 shares issued and outstanding in 2015 and 2014	15,000,000	14,964,309
Common stock - $1.00 par value; 20,000,000 shares authorized; 6,709,199 shares issued in 2015 and 2014; 6,643,341 and 6,627,398 shares outstanding in 2015 and 2014, respectively	6,643,341	6,627,398
Additional paid-in capital	21,972,860	21,821,060
Accumulated deficit	(3,020,401)	(3,032,551)
Accumulated other comprehensive income	100,825	281,889
Total stockholders' equity	40,696,625	40,662,105
Total liabilities and stockholders' equity	$ 435,539,250	$ 415,739,796