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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Community State Bank Acquisition [Member]        
Fair value of assets acquired:        
Cash and due from banks * $ 10,094,645 [1] $ 10,094,645 [1]
Federal funds sold 698,000 698,000
Interest-bearing deposits at financial institutions 14,730,157 14,730,157
Securities 102,640,029 102,640,029
Loans/leases receivable held for investment, net 419,029,277 419,029,277
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 20,684,880 20,684,880
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 6,352,653 6,352,653
Restricted investment securities 1,512,900 1,512,900
Other real estate owned 650,000 650,000
Other assets 4,763,224 4,763,224
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets 581,155,765 581,155,765
Fair value of liabilities assumed:        
Deposits 486,298,262 486,298,262
FHLB advances 20,368,877 20,368,877
Other liabilities 4,897,564 4,897,564
Total liabilities assumed 511,564,703 511,564,703
Net assets acquired 69,591,062 69,591,062
Consideration paid:        
Cash paid *     80,000,000 [1]
Business Combination, Consideration Transferred     80,000,000
Goodwill 10,408,938 10,408,938
Common Stock Offering 1 [Member]        
Activity in other borrowings:        
Net proceeds from the common stock offering     63,484,123
Common Stock Offering 2 [Member]        
Activity in other borrowings:        
Net proceeds from the common stock offering     29,828,916
Net income 6,107,501 6,488,987 19,157,457 10,143,058
Depreciation     2,422,257 2,283,558
Provision for loan/lease losses 1,607,986 1,635,263 4,878,821 5,694,384
Stock-based compensation expense     760,541 758,493
Deferred compensation expense accrued     910,439 767,292
Losses (gains) on other real estate owned, net     130,280 (1,204,016)
Amortization of premiums on securities, net     968,553 756,876
Securities gains, net     (4,628,283) (473,513)
Loans originated for sale     (57,160,485) (29,968,289)
Proceeds on sales of loans     59,838,717 31,154,335
Gains on sales of residential real estate loans (144,105) (84,609) (288,904) (266,284)
Gains on sales of government guaranteed portions of loans (218,785) (759,668) (2,701,203) (899,987)
Losses on debt extinguishment, net 4,137,310 4,220,507 6,894,185
Amortization of core deposit intangible     210,469 149,634
Accretion of acquisition fair value adjustments, net     (690,379) (334,990)
Increase in cash value of bank-owned life insurance     (1,324,380) (1,318,909)
Increase in other assets     (2,480,461) (5,211,555)
Decrease in other liabilities     1,614,477 4,269,482
Net cash provided by operating activities     25,838,423 23,193,754
Net decrease (increase) in federal funds sold     (474,000) 12,450,000
Net decrease (increase) in interest-bearing deposits at financial institutions     (23,981,295) 3,059,051
Proceeds from sales of other real estate owned     1,913,775 6,774,151
Purchases     (111,622,489) (200,249,686)
Calls, maturities and redemptions     109,421,584 187,029,003
Paydowns     21,939,878 11,859,406
Sales     87,772,898 65,889,838
Purchases     (25,700) (2,806,650)
Redemptions     1,375,100 3,435,200
Net increase in loans/leases originated and held for investment     (144,605,204) (129,356,790)
Purchase of premises and equipment     (3,871,166) (4,327,671)
Net cash paid for Community State Bank acquisition     (69,905,355)
Net cash used in investing activities     (132,061,974) (46,244,148)
Net increase in deposit accounts     227,918,002 175,656,866
Net decrease in short-term borrowings     (84,647,299) (100,787,458)
Term advances     5,000,000
Calls and maturities     (19,000,000) (24,000,000)
Net change in short-term and overnight advances     1,300,000 24,000,000
Prepayments (5,000,000)   (10,524,197) (81,192,185)
Proceeds from other borrowings     35,000,000
Calls, maturities and scheduled principal payments     (7,350,000)
Prepayments     (50,320,407) (29,177,000)
Retirement of junior subordinated debentures     (3,955,000)
Payment of cash dividends on common stock     (1,460,157) (782,054)
Net proceeds from the common stock offering     1,554,506 1,016,324
Net cash provided by financing activities     125,694,364 25,868,616
Net increase in cash and due from banks     19,470,813 2,818,222
Cash and due from banks, beginning     41,742,321 38,235,019
Cash and due from banks, ending 61,213,134 41,053,241 61,213,134 41,053,241
Supplemental disclosure of cash flow information, cash payments for:        
Interest     9,081,850 10,880,589
Income/franchise taxes     9,487,002 1,985,275
Supplemental schedule of noncash investing activities:        
Change in accumulated other comprehensive income, unrealized gains on securities available for sale and derivative instruments, net     3,344,860 2,098,427
Exchange of shares of common stock in connection with payroll taxes for restricted stock and in connection with stock options exercised     (477,387) (68,706)
Tax benefit of nonqualified stock options exercised     183,060 71,110
Transfers of loans to other real estate owned     51,000 942,782
Due from broker for sales of securities     32,078,011
Due to broker for purchases of securities     15,190,000
Due to counterparties for prepayment of FHLB advances and other borrowings     (24,575,903)
Tax basis adjustment related to the acquisition of noncontrolling interest in m2 Lease Funds     2,132,415
Consideration paid:        
Goodwill $ 13,631,626 $ 3,222,688 $ 13,631,626 $ 3,222,688
[1] Net cash paid at closing totaled $69,905,355