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Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 49,581,154 $ 41,742,321
Federal funds sold 20,825,000 19,850,000
Interest-bearing deposits at financial institutions 47,607,304 36,313,965
Securities held to maturity, at amortized cost 280,345,532 253,674,159
Securities available for sale, at fair value 230,613,784 323,434,982
Total securities 510,959,316 577,109,141
Loans receivable held for sale 1,558,500 565,850
Loans/leases receivable held for investment 1,921,214,897 1,797,456,825
Gross loans/leases receivable 1,922,773,397 1,798,022,675
Less allowance for estimated losses on loans/leases (28,097,490) (26,140,906)
Net loans/leases receivable 1,894,675,907 1,771,881,769
Bank-owned life insurance 56,359,784 55,485,655
Premises and equipment, net 38,751,532 37,350,352
Restricted investment securities 16,693,125 14,835,925
Other real estate owned, net 6,179,102 7,150,658
Goodwill 3,222,688 3,222,688
Core deposit intangible 1,371,653 1,471,409
Other assets 37,207,723 26,784,392
Total assets 2,683,434,288 2,593,198,275
LIABILITIES    
Noninterest-bearing 615,764,311 615,292,211
Interest-bearing 1,357,829,473 1,265,373,973
Total deposits 1,973,593,784 1,880,666,184
Short-term borrowings 51,561,748 144,662,716
Federal Home Loan Bank advances 196,900,000 151,000,000
Other borrowings 100,000,000 110,000,000
Junior subordinated debentures 33,412,643 38,499,052
Other liabilities 52,848,722 42,484,573
Total liabilities 2,408,316,897 2,367,312,525
STOCKHOLDERS' EQUITY    
Preferred stock, $1 par value; shares authorized 250,000; June 2016 and December 2015 - No shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000; June 2016 - 13,057,368 shares issued and outstanding; December 2015 - 11,761,083 shares issued and outstanding 13,057,368 11,761,083
Additional paid-in capital 155,453,781 123,282,851
Retained earnings 105,024,027 92,965,645
Securities available for sale 2,730,155 (1,324,408)
Interest rate cap derivatives (1,147,940) (799,421)
Total stockholders' equity 275,117,391 225,885,750
Total liabilities and stockholders' equity $ 2,683,434,288 $ 2,593,198,275