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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and fee income      
Loans, including fees $ 13,287,318 $ 12,851,900 $ 11,795,303
Taxable securities 1,585,505 1,297,636 1,376,441
Tax-exempt securities 1,026,513 1,007,438 1,012,638
Other 269,811 138,623 45,566
Total interest and fee income 16,169,147 15,295,597 14,229,948
Interest expense      
Deposits 423,857 378,733 401,463
Short-term borrowings 6 7 932
Total interest expense 423,863 378,740 402,395
Net interest income 15,745,284 14,916,857 13,827,553
Provision for loan losses 55,000 570,000 192,500
Net interest income after provision for loan losses 15,690,284 14,346,857 13,635,053
Other income      
Service charges and fees 1,135,037 1,061,349 991,007
Mortgage banking income 1,057,457 1,387,740 1,605,676
Gains on sales of securities 45,820 380,904 423,832
Other non-interest income 30,157 31,090 29,443
Total other income 2,268,471 2,861,083 3,049,958
Other expense      
Salaries and employee benefits 6,060,831 6,087,929 5,859,203
Net occupancy expense 1,571,076 1,528,048 1,480,606
Other operating expenses 2,517,737 2,639,776 2,168,382
Net other real estate owned expenses 92,652 16,691 5,284
Total other expenses 10,242,296 10,272,444 9,513,475
Income before income tax expense 7,716,459 6,935,496 7,171,536
Income tax expense 2,814,634 1,688,433 2,287,248
Net income $ 4,901,825 $ 5,247,063 $ 4,884,288
Weighted average shares outstanding      
Basic (in shares) 4,973,637 4,935,349 4,912,499
Diluted (in shares) 5,058,352 5,054,114 5,067,085
Basic income per common share (in dollars per share) $ 0.99 $ 1.06 $ 0.99
Diluted income per common share (in dollars per share) $ 0.97 $ 1.04 $ 0.96