Bank Premises, Furniture, Fixtures and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Bank Premises, Furniture, Fixtures and Equipment

Note 5. Bank Premises, Furniture, Fixtures and Equipment

Bank premises, furniture, fixtures and equipment consist of the following at December 31, 2015 and December 31, 2014:

	2015		2014
Land and buildings	$	24,206,122	$	24,085,233
Furniture, fixtures and equipment		15,459,401		15,161,067
		39,665,523		39,246,300
Less accumulated depreciation		21,009,832		20,006,070
Total	$	18,655,691	$	19,240,230

Depreciation expense for the years ended December 31, 2015, 2014 and 2013, respectively, was $1,040,207, $1,190,393 and $1,140,753.