Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 3,769,478	$ 3,561,272
Interest-bearing deposits in other financial institutions	5,318,963	15,213,147
Cash and cash equivalents	9,088,441	18,774,419
Available-for-sale securities	92,399,235	97,292,487
Held-to-maturity securities	27,528	43,099
Stock in Federal Home Loan Bank, at cost	4,611,000	2,837,500
Mortgage loans held for sale	2,183,633	1,902,933
Loans receivable, net of allowance for loan losses at December 31, 2016 and 2015 - $5,742,449 and $5,811,940, respectively	538,273,640	491,001,907
Accrued interest receivable	1,947,063	1,986,692
Prepaid expenses and other assets	2,961,336	3,525,032
Foreclosed assets held for sale	2,682,353	2,391,727
Premises and equipment, net	10,871,039	10,540,428
Bank owned life insurance	19,272,893	18,779,915
Deferred and receivable income taxes	3,661,658	3,758,933
	687,979,819	652,835,072
LIABILITIES
Deposits	505,362,750	517,385,695
Federal Home Loan Bank advances	95,700,000	52,100,000
Subordinated debentures	15,465,000	15,465,000
Advances from borrowers for taxes and insurance	192,460	190,853
Accrued expenses and other liabilities	1,077,396	1,074,957
Accrued interest payable	207,833	196,102
	618,005,439	586,412,607
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock, $0.10 par value; authorized 10,000,000 shares; issued December 31, 2016 and 2015 - 6,875,503 and 6,859,003 shares, respectively	687,550	685,900
Additional paid-in capital	50,552,077	50,441,464
Retained earnings, substantially restricted	57,347,282	53,258,126
Accumulated other comprehensive loss
Unrealized loss on available-for-sale securities, net of income taxes; December 31, 2016 and 2015 - ($768,879) and ($401,688), respectively	(1,309,241)	(683,956)
	107,277,668	103,701,534
Treasury stock, at cost; December 31, 2016 and 2015 - 2,465,476 and 2,466,462 shares, respectively	(37,303,288)	(37,279,069)
	69,974,380	66,422,465
	$ 687,979,819	$ 652,835,072