Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 3,561,272	$ 3,604,316
Interest-bearing deposits in other financial institutions	15,213,147	8,889,574
Cash and cash equivalents	18,774,419	12,493,890
Available-for-sale securities	97,292,487	86,467,985
Held-to-maturity securities	43,099	60,993
Stock in Federal Home Loan Bank, at cost	2,837,500	3,156,900
Mortgage loans held for sale	1,902,933	1,214,632
Loans receivable, net of allowance for loan losses at December 31, 2015 and 2014 - $5,811,940 and $6,588,597, respectively	491,001,907	486,586,636
Accrued interest receivable:
Loans	1,515,818	1,704,374
Investments and interest-bearing deposits	470,874	325,684
Prepaid expenses and other assets	3,525,032	4,530,191
Foreclosed assets held for sale	2,391,727	3,165,447
Premises and equipment, net	10,540,428	10,602,763
Bank owned life insurance	18,779,915	14,417,220
Income taxes receivable	528,828	320,416
Deferred income taxes	3,230,105	3,412,513
	652,835,072	628,459,644
LIABILITIES
Deposits	517,385,695	479,818,282
Federal Home Loan Bank and Federal Reserve Bank advances	52,100,000	60,350,000
Securities sold under agreements to repurchase		10,000,000
Subordinated debentures	15,465,000	15,465,000
Advances from borrowers for taxes and insurance	190,853	143,984
Accrued expenses and other liabilities	1,074,957	963,386
Accrued interest payable	196,102	242,145
	$ 586,412,607	$ 566,982,797
COMMITMENTS AND CONTINGENCIES
Capital Stock:
Common stock, $0.10 par value; authorized 10,000,000 shares; issued December 31, 2015 and 2014 - 6,859,003 and 6,823,203 shares, respectively	$ 685,900	$ 682,320
Additional paid-in capital	50,441,464	50,366,546
Retained earnings, substantially restricted	53,258,126	48,549,691
Accumulated other comprehensive loss Unrealized loss on available-for-sale securities, net of income taxes; December 31, 2015 and 2014 - ($401,688) and ($263,358), respectively	(683,956)	(448,421)
	103,701,534	99,150,136
Treasury stock, at cost; December 31, 2015 and December 31, 2014 - 2,466,462 and 2,492,552 shares, respectively	(37,279,069)	(37,673,289)
	66,422,465	61,476,847
	$ 652,835,072	$ 628,459,644
Series A Preferred Stock [Member]
Capital Stock:
Series A preferred stock, $0.01 par value; authorized 2,000,000 shares; none issued and outstanding