8. BANK PREMISES AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2016

Bank Premises And Equipment Tables

Bank premises and equipment

Bank premises and equipment as of December 31 are summarized as follows:

	2016			2015
Land	$	3,090,632		$	1,868,709
Buildings and improvements		9,404,429			7,209,427
Furniture and equipment		6,560,956			7,397,173
		19,056,017			16,475,309
Less - accumulated depreciation		(8,788,082	)		(8,933,231	)
Net	$	10,267,935		$	7,542,078