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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
NET INCOME $ 7,331,879 $ 5,157,664 $ 5,594,011
OTHER ITEMS OF COMPREHENSIVE INCOME:      
Change in unrealized gain (loss) on investment securities available-for-sale, before income taxes (1,130,514) 1,182,895 (799,869)
Change in unrealized gain (loss) on interest rate swaps, before income taxes 791,465 632,990
Less: Reclassification adjustment for realized losses (gains) on investment securities included in net income, before income taxes 8,091 (46,329) (192,537)
Total other items of comprehensive income (loss) (330,958) 1,769,556 (992,406)
Income tax expense (benefit) related to other items of comprehensive income (84,395) 666,508 (367,121)
Other comprehensive income (loss) (246,563) 1,103,048 (625,285)
TOTAL COMPREHENSIVE INCOME $ 7,085,316 $ 6,260,712 $ 4,968,726