Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 25,375,049	$ 44,404,473
Federal funds sold and other interest-bearing deposits	258,181	285,864
Cash and cash equivalents	25,633,230	44,690,337
Certificates of deposit in other banks	100,000	100,000
Securities available for sale, at fair value	162,126,265	164,084,673
Securities held to maturity, at amortized cost less allowance for credit losses of $31,670 and $35,627	20,198,804	20,163,622
Equity security, at fair value	507,743	507,130
Restricted stock, at cost	920,900	863,500
Loans, less allowance for credit losses of $4,317,837 and $4,285,247	537,080,607	523,308,044
Premises and equipment, net	7,282,487	6,583,452
Accrued interest receivable	2,235,859	2,180,734
Deferred income taxes, net	8,436,251	8,312,482
Other real estate owned, net	1,242,365	1,242,365
Bank owned life insurance	15,021,074	14,930,754
Goodwill and other intangibles, net	7,032,342	7,034,424
Other assets	6,775,313	5,939,309
Assets	794,593,240	799,940,826
Deposits:
Noninterest-bearing	115,416,221	115,284,706
Interest-bearing	540,561,366	565,678,145
Total deposits	655,977,587	680,962,851
Securities sold under repurchase agreements	5,600,380	6,760,493
Federal Home Loan Bank of Atlanta advances	5,000,000	5,000,000
Federal Reserve Bank advances	54,000,000	33,000,000
Long-term debt, net of issuance costs	12,741,562	13,212,378
Accrued interest payable	1,404,170	1,482,773
Other liabilities	6,792,739	7,344,040
Liabilities	741,516,438	747,762,535
Stockholders' equity:
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,116,966 shares in 2024 and 2023	31,170	31,170
Additional paid-in capital	30,402,618	30,398,080
Retained earnings	40,653,172	39,433,185
Accumulated other comprehensive loss	(18,010,158)	(17,684,144)
Equity, Attributable to Parent	53,076,802	52,178,291
Liabilities and Equity	$ 794,593,240	$ 799,940,826