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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 56,325,969 $ 70,569,993
Federal funds sold 15,798,000 22,257,000
Interest-bearing deposits at financial institutions 157,420,706 63,948,925
Securities held to maturity, at amortized cost 306,694,063 322,909,056
Securities available for sale, at fair value 250,952,021 251,113,139
Total securities 557,646,084 574,022,195
Loans receivable held for sale 1,051,000 1,135,500
Loans/leases receivable held for investment 2,434,799,415 2,404,351,485
Gross loans/leases receivable 2,435,850,415 2,405,486,985
Less allowance for estimated losses on loans/leases (32,059,150) (30,757,448)
Net loans/leases receivable 2,403,791,265 2,374,729,537
Bank-owned life insurance 57,726,738 57,257,051
Premises and equipment, net 61,143,458 60,643,508
Restricted investment securities 13,689,125 14,997,025
Other real estate owned, net 5,625,363 5,523,104
Goodwill 13,110,913 13,110,913
Core deposit intangible 7,150,346 7,381,213
Other assets 31,584,651 37,503,284
Total assets 3,381,012,618 3,301,943,748
Deposits:    
Noninterest-bearing 777,150,245 797,415,090
Interest-bearing 2,028,781,254 1,871,846,183
Total deposits 2,805,931,499 2,669,261,273
Short-term borrowings 19,470,096 39,971,387
Federal Home Loan Bank advances 106,550,000 137,500,000
Other borrowings 72,000,000 80,000,000
Junior subordinated debentures 33,513,509 33,480,202
Other liabilities 47,707,884 55,690,087
Total liabilities 3,085,172,988 3,015,902,949
STOCKHOLDERS' EQUITY    
Preferred stock, $1 par value; shares authorized 250,000 March 2017 and December 2016 - No shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 March 2017 - 13,161,219 shares issued and outstanding December 2016 - 13,106,845 shares issued and outstanding 13,161,219 13,106,845
Additional paid-in capital 157,581,969 156,776,642
Retained earnings 127,145,292 118,616,901
Accumulated other comprehensive loss:    
Securities available for sale (1,167,142) (1,527,433)
Interest rate cap derivatives (881,708) (932,156)
Total stockholders' equity 295,839,630 286,040,799
Total liabilities and stockholders' equity $ 3,381,012,618 $ 3,301,943,748