CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Assets:
Cash and due from banks	$ 7,622,989	$ 5,295,924
Interest-bearing deposits in other bank	30,503,030	23,898,862
Investment securities available for sale	107,353,804	119,997,585
Mortgage loans to be sold	3,929,539	5,820,239
Loans	253,325,633	242,622,705
Less: Allowance for loan losses	(3,436,762)	(3,417,827)
Net loans	249,888,871	239,204,878
Premises, equipment and leasehold improvements, net	2,265,079	2,289,228
Other real estate owned	521,943	620,394
Accrued interest receivable	1,040,677	1,284,063
Other assets	568,060	761,339
Total assets	403,693,992	399,172,512
Deposits:
Non-interest-bearing demand	119,022,680	122,073,396
Interest-bearing demand	96,992,732	84,977,640
Money market accounts	63,935,267	70,233,422
Time deposits over $250,000	24,095,180	25,896,768
Other time deposits	28,657,047	28,871,044
Other savings deposits	28,966,396	26,666,342
Total deposits	361,669,302	358,718,612
Accrued interest payable and other liabilities	1,694,180	1,302,188
Total Liabilities	$ 363,363,482	$ 360,020,800
Shareholders' Equity
Common Stock-No par value: 12,000,000 shares authorized; shares issued 5,158,903 at March 31, 2016 and 5,157,996 at December 31, 2015; shares outstanding 4,917,507 at March 31, 2016 and 4,916,600 at December 31, 2015
Additional paid in capital	$ 36,372,788	$ 36,341,744
Retained earnings	4,621,294	4,064,834
Treasury stock; 241,396 shares at March 31, 2016 and December 31, 2015	(2,247,415)	(2,247,415)
Accumulated other comprehensive income, net of income taxes	1,583,843	992,549
Total shareholders' equity	40,330,510	39,151,712
Total liabilities and shareholders' equity	$ 403,693,992	$ 399,172,512