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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest and fee income      
Loans, including fees $ 12,851,900 $ 11,795,303 $ 11,263,048
Taxable securities 1,297,636 1,376,441 1,045,592
Tax-exempt securities 1,007,438 1,012,638 1,059,883
Other 138,623 45,566 49,731
Total interest and fee income 15,295,597 14,229,948 13,418,254
Interest expense      
Deposits 378,733 401,463 408,266
Short-term borrowings 7 932 681
Total interest expense 378,740 402,395 408,947
Net interest income 14,916,857 13,827,553 13,009,307
Provision for loan losses 570,000 192,500 82,500
Net interest income after provision for loan losses 14,346,857 13,635,053 12,926,807
Other income      
Service charges, fees and commissions 1,061,349 991,007 921,638
Mortgage banking income 1,387,740 1,605,676 1,315,020
Gain on sale of securities 380,904 423,832 312,577
Other non-interest income 31,090 29,443 29,466
Total other income 2,861,083 3,049,958 2,578,701
Other expense      
Salaries and employee benefits 6,087,929 5,859,203 5,466,446
Net occupancy expense 1,528,048 1,480,606 1,473,700
Net other real estate owned expenses 16,691 5,284 16,440
Other operating expenses 2,639,776 2,168,382 2,152,236
Total other expenses 10,272,444 9,513,475 9,108,822
Income before income tax expense 6,935,496 7,171,536 6,396,686
Income tax expense 1,688,433 2,287,248 1,997,866
Net income $ 5,247,063 $ 4,884,288 $ 4,398,820
Weighted average shares outstanding      
Basic (in shares) 4,935,349 4,912,499 4,907,208
Diluted (in shares) 5,054,114 5,067,085 5,032,211
Basic income per common share (in dollars per share) $ 1.06 $ 0.99 $ 0.90
Diluted income per common share (in dollars per share) $ 1.04 $ 0.96 $ 0.87