Condensed Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash provided by operating activities	$ 5,402,261	$ 4,972,412
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from maturities and calls of securities available for sale	21,903,064	21,382,709
Proceeds from sale of investment securities	17,609,891	24,502,095
Purchases of investment securities available for sale	(10,550,000)	(70,927,550)
Purchases of bank premises and equipment	(48,702)	(2,139,487)
Sales of bank premises and equipment	264,000
Decrease in interest bearing deposits with other banks	239,241	39,794,411
Purchase of Federal Home Loan Bank stock		(498,700)
Proceeds from sale of other real estate	782,095	127,722
Net (increase) decrease in loans	(15,151,283)	677,105
Net cash provided by investing activities	15,048,306	12,918,305
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	43,925,481	19,771,233
Net change in securities sold under agreement to repurchase	(68,372,991)	(35,025,549)
Increase in Federal Funds Purchased	11,000,000
Repayment of Federal Home Loan Bank advances	(10,000,000)
Proceeds from exercise of stock options	27,000	92,625
Payment of dividends	(2,351,816)	(2,347,598)
Net cash used in financing activities	(25,772,326)	(17,509,289)
Net (decrease) increase in cash and due from banks	(5,321,759)	381,428
Cash and due from banks, beginning of period	17,962,990	21,688,557
Cash and due from banks, end of period	$ 12,641,231	$ 22,069,985