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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Interest and fees on loans $ 30,748,105 $ 25,839,566 $ 23,947,521
Interest on investments and deposits 5,468,110 6,611,037 5,230,342
Total interest income 36,216,215 32,450,603 29,177,863
Interest expense:      
Interest on deposits 2,829,085 2,367,750 2,141,899
Interest on borrowings 247,536 124,865 285,831
Interest on junior subordinated notes 534,258 561,694 323,113
Total interest expense 3,610,879 3,054,309 2,750,843
Net interest income 32,605,336 29,396,294 26,427,020
Provision for credit losses 970,000 800,000 1,100,000
Net interest income after provision for credit losses 31,635,336 28,596,294 25,327,020
Non-interest income:      
Deposit fees and service charges 7,587,686 8,072,893 4,387,235
Loan fees and charges 370,977 268,482 180,899
Mortgage loan servicing fees 1,237,054 1,090,196 984,623
Gain on sale and other fees on mortgage loans 2,332,524 2,022,813 1,419,721
Gain on sale of other real estate, net 131,481 40,351 115,137
Gain on sale of investment securities 467,470 1,417,716 13,509
Other income 2,060,312 1,385,524 1,484,062
Total non-interest income 14,187,504 14,297,975 8,585,186
Non-interest expense:      
Compensation and fringe benefits 19,819,368 19,377,688 15,834,616
Federal deposit insurance premiums 631,799 609,406 565,980
Premises and equipment 5,467,277 5,331,960 3,591,249
Marketing 702,257 820,308 667,337
Data processing 3,089,513 3,583,170 2,324,496
Amortization of intangible assets 570,902 515,044 221,070
Other real estate owned expense 553,143 631,675 649,848
Other 5,066,180 5,504,476 4,618,979
Total non-interest expense 35,900,439 36,373,727 28,473,575
Income before income tax expense 9,922,401 6,520,542 5,438,631
Income tax expense 2,961,139 1,837,329 1,349,009 [1]
NET INCOME $ 6,961,262 $ 4,683,213 $ 4,089,622 [1],[2],[3]
Basic earnings per share (in dollars per share) $ 0.73 $ 0.49 $ 0.43 [1]
Diluted earnings per share (in dollars per share) 0.73 0.49 0.42 [1]
Dividends per share (in dollars per share) $ 0.115 $ 0.10 $ 0.10
Average basic shares outstanding (in shares) 9,493,700 9,521,392 9,619,124
Average diluted shares outstanding (in shares) 9,522,765 9,542,401 9,638,158
[1] revised for prior period restatement
[2] revised for prior period restatement
[3] revised for prior period restatement