10. DEPOSITS

12 Months Ended

Dec. 31, 2016

Banking and Thrift [Abstract]

NOTE 10. DEPOSITS

Time deposits that meet or exceed the FDIC insurance limit of $250,000 at year end 2016 and 2015 were $7,841,553 and $6,605,644. At December 31, 2016, the scheduled maturities of time deposits are as follows:

2017	$	53,013,651
2018		57,544,691
2019		25,625,074
2020		12,136,116
2021 and after		8,908,548
Total	$	157,228,080