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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
NET INCOME $ 1,717,383 $ 1,541,907 $ 4,739,197 $ 4,074,664
OTHER ITEMS OF COMPREHENSIVE INCOME (LOSS):        
Change in unrealized gain (loss) on investment securities available-for-sale, before income taxes (39,661) (272,470) 1,408,504 2,174,594
Change in unrealized gain (loss) on interest rate swaps, before income taxes (76,222) 151,420
Less: Reclassification adjustment for realized gains on investment securities included in net income, before income taxes (11,199) (44,060) (73,473) (155,465)
Total other items of comprehensive income (127,082) (316,530) 1,486,451 2,019,129
Income tax expense (benefit) related to other items of comprehensive income (47,022) (117,115) 549,986 747,078
Other comprehensive income (loss) (80,060) (199,415) 936,465 1,272,051
TOTAL COMPREHENSIVE INCOME $ 1,637,323 $ 1,342,492 $ 5,675,662 $ 5,346,715