CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 6,455,536	$ 5,295,924
Interest-bearing deposits in other bank	35,256,752	23,898,862
Investment securities available for sale	105,358,942	119,997,585
Mortgage loans to be sold	6,500,452	5,820,239
Loans	270,300,089	242,622,705
Less: Allowance for loan losses	(3,512,446)	(3,417,827)
Net loans	266,787,643	239,204,878
Premises, equipment and leasehold improvements, net	2,218,154	2,289,228
Other real estate owned	521,943	620,394
Accrued interest receivable	1,401,353	1,284,063
Other assets	444,082	761,339
Total assets	424,944,857	399,172,512
Deposits:
Non-interest-bearing demand	128,132,432	122,073,396
Interest-bearing demand	92,868,069	84,977,640
Money market accounts	83,527,123	70,233,422
Time deposits over $250,000	24,095,180	25,896,768
Other time deposits	23,681,308	28,871,044
Other savings deposits	29,918,168	26,666,342
Total deposits	382,222,280	358,718,612
Accrued interest payable and other liabilities	1,205,589	1,302,188
Total Liabilities	383,427,869	360,020,800
Shareholders' Equity
Common Stock-No par value: 12,000,000 shares authorized; shares issued 5,183,185 at June 30, 2016 and 5,157,996 at December 31, 2015; shares outstanding 4,941,789 at June 30, 2016 and 4,916,600 at December 31, 2015
Additional paid in capital	36,641,973	36,341,744
Retained earnings	5,290,971	4,064,834
Treasury stock; 241,396 shares at June 30, 2016 and December 31, 2015	(2,247,415)	(2,247,415)
Accumulated other comprehensive income, net of income taxes	1,831,459	992,549
Total shareholders' equity	41,516,988	39,151,712
Total liabilities and shareholders' equity	$ 424,944,857	$ 399,172,512