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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Net income $ 4,683,213 $ 4,089,622 [1]
Other comprehensive income:    
Unrealized holding gains on securities available-for-sale 244,542 5,331,414
Tax effect (92,927) (2,025,937)
Unrealized holding gains on securities available-for-sale, net of tax amount 151,615 3,305,477
Unrealized gain (loss) on interest rate hedge position 10,821 (368,817)
Tax effect (4,036) 137,317
Unrealized gain (loss) on interest rate hedge position, net of tax 6,785 (231,500)
Reclassification adjustment for realized gains included in net income (1,417,716) (13,509)
Tax effect 538,732 5,133
Reclassification adjustment for realized gains, net of tax (878,984) (8,376)
Other comprehensive income (loss), net of tax (720,584) 3,065,601
Comprehensive income $ 3,962,629 $ 7,155,223 [1]
[1] revised for prior period restatement