Consolidated Financial Statements - USD ($)	Jun. 30, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 12,641,231	$ 17,962,990
Interest bearing deposits with other banks	1,293,179	1,532,420
Investment securities available for sale, at fair value	463,752,185	505,046,377
Loans, net of allowance for loan losses of $3,027,950 in 2018 and $3,019,228 in 2017	417,589,558	402,390,574
Premises and equipment, net	19,894,685	20,571,551
Other real estate owned, net	3,312,484	3,980,127
Accrued interest receivable	4,297,013	4,450,723
Cash surrender value of life insurance	24,977,849	24,612,779
Deferred tax assets, net	7,518,048	5,362,750
Other assets	7,793,327	7,185,537
TOTAL ASSETS	963,069,559	993,095,828
Deposits:
Noninterest-bearing demand	160,581,057	159,291,356
Interest-bearing NOW and money market accounts	333,739,645	306,047,053
Savings deposits	79,274,222	77,784,876
Certificates of deposit	191,016,056	177,562,214
Total deposits	764,610,980	720,685,499
Securities sold under agreement to repurchase	74,124,947	142,497,938
Federal Funds Purchased	12,500,000	1,500,000
Federal Home Loan Bank advances	20,000,000	30,000,000
Accrued interest payable	194,431	198,183
Deferred compensation payable	8,820,103	8,620,890
Other liabilities	1,137,728	1,142,278
Total liabilities	881,388,189	904,644,788
SHAREHOLDERS' EQUITY
Common stock; $0.20 par value, 22,500,000 shares authorized, 4,904,530 shares issued and outstanding at June 30, 2018 and 4,894,705 shares issued and outstanding at December 31, 2017	980,906	978,941
Additional paid-in capital	4,215,811	4,103,139
Retained earnings	92,703,089	91,594,379
Accumulated other comprehensive loss, net of tax benefit of $5,391,738 in 2018 and $2,734,500 in 2017	(16,218,436)	(8,225,419)
Total shareholders' equity	81,681,370	88,451,040
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 963,069,559	$ 993,095,828