Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Assets:
Cash and due from banks	$ 6,516,874	$ 4,698,435
Interest bearing deposits in other banks	12,468,073	5,680,613
Investment securities available for sale	116,001,867	113,994,112
Mortgage loans to be sold	7,018,137	7,325,081
Loans	241,250,253	234,117,792
Less: Allowance for loan losses	(3,289,271)	(3,334,848)
Net loans	237,960,982	230,782,944
Premises and equipment, net	2,297,831	2,352,423
Other real estate owned	620,394	521,943
Accrued interest receivable	1,118,076	1,290,380
Other assets	556,859	579,871
Total assets	384,559,093	367,225,802
Deposits:
Non-interest bearing demand	116,488,824	107,072,271
Interest bearing demand	79,865,760	79,397,647
Money market accounts	56,659,892	47,450,210
Time deposits over $250,000	34,121,413	32,363,615
Other time deposits	30,297,705	29,457,720
Other savings deposits	26,318,910	26,677,564
Total deposits	343,752,504	322,419,027
Short-term borrowings	481,141	6,980,681
Accrued interest payable and other liabilities	1,328,087	1,066,112
Total liabilities	$ 345,561,732	$ 330,465,820
Shareholders' Equity
Common Stock - No par value; 12,000,000 shares authorized; Shares issued 5,157,006 at September 30, 2015 and 4,680,839 at December 31, 2014. Shares outstanding 4,915,610 at September 30, 2015 and 4,461,388 at December 31, 2014.
Additional paid in capital	$ 36,312,008	$ 28,779,108
Retained earnings	3,477,121	8,640,291
Treasury stock: 241,396 shares at September 30, 2015 and 219,451 at December 31, 2014	(2,247,415)	(1,902,439)
Accumulated other comprehensive income, net of income taxes	1,455,647	1,243,022
Total shareholders' equity	38,997,361	36,759,982
Total liabilities and shareholders' equity	$ 384,559,093	$ 367,225,802