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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net income $ 6,961,262 $ 4,683,213 $ 4,089,622 [1],[2],[3]
Other comprehensive (loss) income:      
Unrealized holding (losses) gains on securities available-for-sale (1,641,527) 244,542 5,331,414
Tax effect 668,531 (92,927) (2,025,937)
Unrealized holding (losses) gains on securities available-for-sale, net of tax amount (972,996) 151,615 3,305,477
Unrealized gain (loss) on interest rate hedge position 514,815 10,821 (368,817)
Tax effect (190,454) (4,036) 137,317
Unrealized gain (loss) on interest rate hedge position, net of tax 324,361 6,785 (231,500)
Reclassification adjustment for realized gains included in net income (467,470) (1,417,716) (13,509)
Tax effect 177,639 538,732 5,133
Reclassification adjustment for realized gains, net of tax (289,831) (878,984) (8,376)
Net current period other comprehensive income (loss) (938,466) (720,584) 3,065,601
Comprehensive income $ 6,022,796 $ 3,962,629 $ 7,155,223 [1]
[1] revised for prior period restatement
[2] revised for prior period restatement
[3] revised for prior period restatement