Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 3,494,693	$ 3,561,272
Interest-bearing deposits in other financial institutions	7,454,012	15,213,147
Cash and cash equivalents	10,948,705	18,774,419
Available-for-sale securities	96,573,046	97,292,487
Held-to-maturity securities	30,363	43,099
Stock in Federal Home Loan Bank, at cost	3,767,000	2,837,500
Mortgage loans held for sale	2,564,342	1,902,933
Loans receivable, net of allowance for loan losses of September 30, 2016 - $6,396,580 - December 31, 2015 - $5,811,940	525,862,944	491,001,907
Accrued interest receivable	1,808,980	1,986,692
Prepaid expenses and other assets	3,217,504	3,525,032
Foreclosed assets held for sale	2,246,839	2,391,727
Premises and equipment, net	10,864,395	10,540,428
Bank owned life insurance	19,149,610	18,779,915
Deferred and receivable income taxes	2,571,531	3,758,933
	679,605,259	652,835,072
LIABILITIES
Deposits	515,764,148	517,385,695
Federal Home Loan Bank advances	74,600,000	52,100,000
Subordinated debentures	15,465,000	15,465,000
Advances from borrowers for taxes and insurance	534,471	190,853
Accrued expenses and other liabilities	1,953,098	1,074,957
Accrued interest payable	203,417	196,102
	608,520,134	586,412,607
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock, $0.10 par value; authorized 10,000,000 shares; issued September 30, 2016 and December 31, 2015 - 6,875,503 and 6,859,003 shares, respectively	687,550	685,900
Additional paid-in capital	50,472,294	50,441,464
Retained earnings, substantially restricted	56,268,937	53,258,126
Accumulated other comprehensive income (loss)
Unrealized gain (loss) on available-for-sale securities, net of income taxes	588,095	(683,956)
	108,016,876	103,701,534
Treasury stock, at cost; September 30, 2016 and December 31, 2015 - 2,443,476 and 2,466,462 shares, respectively	(36,931,751)	(37,279,069)
	71,085,125	66,422,465
	$ 679,605,259	$ 652,835,072