CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 7,187,028	$ 5,295,924
Interest-bearing deposits in other banks	14,576,120	23,898,862
Investment securities available for sale	115,082,608	119,997,585
Mortgage loans to be sold	4,962,967	5,820,239
Loans	266,383,656	242,622,705
Less: Allowance for loan losses	(3,745,111)	(3,417,827)
Net loans	262,638,545	239,204,878
Premises, equipment and leasehold improvements, net	2,218,255	2,289,228
Other real estate owned	521,943	620,394
Accrued interest receivable	1,018,121	1,284,063
Other assets	1,360,838	761,339
Total assets	409,566,425	399,172,512
Deposits:
Non-interest-bearing demand	119,677,668	122,073,396
Interest-bearing demand	95,799,297	84,977,640
Money market accounts	76,942,944	70,233,422
Time deposits over $250,000	15,513,613	25,896,768
Other time deposits	28,003,075	28,871,044
Other savings deposits	29,469,957	26,666,342
Total deposits	365,406,554	358,718,612
Accrued interest payable and other liabilities	2,100,380	1,302,188
Total Liabilities	367,506,934	360,020,800
Shareholders' Equity
Common Stock-No par value: 12,000,000 shares authorized; shares issued 5,190,115 at September 30, 2016 and 5,157,996 at December 31, 2015; shares outstanding 4,948,719 at September 30, 2016 and 4,916,600 at December 31, 2015
Additional paid in capital	36,733,560	36,341,744
Retained earnings	6,024,488	4,064,834
Treasury stock; 241,396 shares at September 30, 2016 and December 31, 2015	(2,247,415)	(2,247,415)
Accumulated other comprehensive income, net of income taxes	1,548,858	992,549
Total shareholders' equity	42,059,491	39,151,712
Total liabilities and shareholders' equity	$ 409,566,425	$ 399,172,512