CONSOLIDATED BALANCE SHEETS - USD ($)		Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks		$ 2,009,676	$ 2,107,359
Interest-bearing deposits with banks		311,012	310,739
Federal funds sold		2,902,000	8,364,000
Cash and cash equivalents		5,222,688	10,782,098
Investment securities available-for-sale, at fair value		6,702,889	7,572,029
Loans held for sale		7,136,996	3,260,761
Loans held at fair value		3,237,904	2,458,930
Loans, net of unearned discounts and deferred fees		30,713,493	33,519,042
Less allowance for loan losses		(354,563)	(418,013)
Net loans		30,358,930	33,101,029
Bank premises and equipment, net		462,764	492,730
Accrued interest receivable		202,565	175,416
Other real estate owned		446,777	479,627
Core Deposit intangible		251,582	199,781
Prepaid expenses and other assets		478,041	461,837
Total assets		54,501,137	58,984,238
Liabilities:
Demand deposits, noninterest-bearing		16,045,953	16,417,150
Demand deposits, interest-bearing		12,372,375	13,605,888
Savings deposits		11,322,524	11,680,878
Time deposits, under $100,000		4,002,748	7,505,729
Time deposits, $100,000 and over		7,563,345	6,752,759
Total deposits		51,306,945	55,962,404
Accrued interest payable		12,998	9,157
Accrued expenses and other liabilities		294,812	332,915
Total liabilities		51,614,756	56,304,476
Shareholders' equity:
Series A preferred stock, noncumulative, 6%, $0.01 par value, 500,000 shares authorized; 124,342 issued and outstanding at June 30, 2015 and 136,842 issued and outstanding at December 31, 2014		993	993
Additional paid-in-capital		14,752,644	14,752,644
Accumulated deficit		(11,946,971)	(12,062,818)
Accumulated other comprehensive loss		71,261	(19,326)
Total shareholders' equity		2,886,382	2,679,762
Total liabilities and shareholders' equity		54,501,137	58,984,238
Class B Non-voting Common Stock
Shareholders' equity:
Common stock		0	0	[1]
Common Stock
Shareholders' equity:
Common stock	[2]	$ 8,269	$ 8,269

[1] Class B Non-voting common stock; 250,000 shares authorized; $0.01 par value; 191,667 issued and outstanding at December 31, 2015

[2] Common stock, $0.01 par value; 2,000,000 shares authorized; 826,921 issued and outstanding at June 30, 2016 and 876,921 issued and outstanding at December 31, 2015