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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income      
Interest and fees on loans $ 20,040,315 $ 20,081,852 $ 20,610,580
Interest on securities      
Taxable 8,026,808 8,226,508 7,949,437
Non-taxable 2,802,915 3,022,992 3,504,084
Other interest 94,721 49,398 51,994
Total interest income 30,964,759 31,380,750 32,116,095
Interest expense      
Deposits 1,843,717 1,754,909 1,944,997
Other borrowed funds 1,233,162 1,263,386 2,135,460
Total interest expense 3,076,879 3,018,295 4,080,457
Net interest income 27,887,880 28,362,455 28,035,638
Provision for loan losses (556,687) (923,397) (2,204,366)
Net interest income after provision for loan losses 27,331,193 27,439,058 25,831,272
Non-interest income      
Service charges on deposit accounts 3,866,537 3,932,691 3,884,997
Other service charges and fees 2,284,262 2,096,836 1,953,263
Net gains on sales of securities 17,503 14,542 423,388
Other income 2,159,407 2,118,435 1,554,454
Total non-interest income 8,327,709 8,162,504 7,816,102
Non-interest expense      
Salaries and employee benefits 13,295,211 13,095,023 13,110,603
Occupancy expense 2,160,198 2,129,193 2,016,965
Equipment expense 3,065,042 3,065,842 2,379,167
Other expense 7,070,516 8,033,654 7,220,876
Total non-interest expense 25,590,967 26,323,712 24,727,611
Income before income taxes 10,067,935 9,277,850 8,919,763
Income tax expense 2,479,034 1,828,091 1,769,903
Net income $ 7,588,901 $ 7,449,759 $ 7,149,860
Net income per share - basic $ 1.56 $ 1.53 $ 1.47
Net income per share - diluted $ 1.56 $ 1.53 $ 1.47
Average shares outstanding      
Basic 4,872,064 4,870,114 4,868,263
Diluted 4,874,141 4,870,749 4,869,767