CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 39,773,759	$ 40,358,647
Interest-bearing deposits at other financial institutions	18,813,107	33,405,986
Federal funds sold	0	6,200,000
Total cash and cash equivalents	58,586,866	79,964,633
Securities available for sale	138,627,905	166,413,218
Restricted investments, at cost	4,451,250	4,451,050
Loans, net of allowance for loan losses of $4,964,351 at September 30, 2016 and $4,354,513 at December 31, 2015	792,178,219	723,360,786
Bank premises and equipment, net	27,862,914	25,037,510
Foreclosed assets	2,535,520	5,357,950
Goodwill and core deposit intangible, net	6,674,641	6,941,107
Other assets	9,808,430	12,436,625
Total assets	1,040,725,745	1,023,962,879
Deposits:
Noninterest-bearing demand deposits	145,508,791	131,418,580
Interest-bearing demand deposits	152,216,383	149,423,954
Money market and savings deposits	271,259,319	236,900,945
Time deposits	291,857,348	340,739,072
Total deposits	860,841,841	858,482,551
Securities sold under agreement to repurchase	24,202,095	28,068,215
Federal Home Loan Bank advances and other borrowings	43,048,423	34,187,462
Accrued expenses and other liabilities	7,463,484	3,047,792
Total liabilities	935,555,843	923,786,020
Stockholders' equity:
Preferred stock - $1 par value; 2,000,000 shares authorized; 12,000 issued and outstanding in 2016 and 2015	12,000	12,000
Common stock - $1 par value; 40,000,000 shares authorized; 5,885,408 and 5,806,477 shares issued and outstanding in 2016 and 2015, respectively	5,885,408	5,806,477
Additional paid-in capital	83,329,811	82,616,015
Retained earnings	15,493,873	12,094,488
Accumulated other comprehensive income (loss)	448,810	(352,121)
Total stockholders' equity	105,169,902	100,176,859
Total liabilities and stockholders' equity	$ 1,040,725,745	$ 1,023,962,879