CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Assets:
Cash and due from banks	$ 1,875,619	$ 2,262,491
Interest-bearing deposits with banks	311,663	311,340
Federal funds sold	8,579,000	5,229,000
Cash and cash equivalents	10,766,282	7,802,831
Investment securities, available-for-sale, at fair value	5,393,475	5,578,159
Loans held for sale	8,026,300	7,793,785
Loans held at fair value	4,486,575	4,207,338
Loans, net of unearned discounts and deferred fees	25,596,605	26,835,859
Less allowance for loan losses	(251,777)	(300,428)
Net loans	25,344,828	26,534,607
Bank premises and equipment, net	297,616	380,471
Accrued interest receivable	120,641	141,453
Other real estate owned	447,371	447,371
Servicing asset	332,016	312,814
Prepaid expenses and other assets	416,609	413,542
Total assets	55,631,713	53,612,371
Liabilities:
Demand deposits, noninterest-bearing	17,668,000	14,797,174
Demand deposits, interest-bearing	13,953,220	13,699,578
Savings deposits	11,820,924	11,735,512
Time deposits, under $250,000	4,889,561	6,407,391
Time deposits, $250,000 and over	4,003,737	4,003,511
Total deposits	52,335,442	50,642,166
Accrued interest payable	13,982	10,997
Accrued expenses and other liabilities	230,327	299,293
Total liabilities	52,579,751	50,952,456
Shareholders' equity:
Common stock, $0.01 par value; 2,000,000 shares authorized; 826,921 issued and outstanding at June 30, 2017 and December 31, 2016	8,269	8,269
Additional paid-in-capital	15,427,631	14,752,644
Accumulated deficit	(12,356,199)	(12,038,281)
Accumulated other comprehensive loss	(28,745)	(63,710)
Total shareholders' equity	3,051,962	2,659,915
Total liabilities and shareholders' equity	55,631,713	53,612,371
Series A Preferred Stock
Shareholders' equity:
Preferred Stock value	993	993
Series B Preferred Stock
Shareholders' equity:
Preferred Stock value	$ 13	$ 0