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Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
CASH AND CASH EQUIVALENTS    
Cash and due from banks $ 13,698,325 $ 10,605,662
Interest-bearing deposits in other banks 8,709,133 39,306,145
Total cash and cash equivalents 22,407,458 49,911,807
SECURITIES, available-for-sale 197,079,925 177,607,765
FEDERAL HOME LOAN BANK STOCK, at cost 4,893,800 4,893,800
CERTIFICATES OF DEPOSIT, at cost 2,739,000 2,490,000
LOANS HELD FOR SALE 423,720 2,957,060
LOANS 295,313,069 304,445,298
Less allowance for loan losses 4,014,391 6,917,605
Net loans 291,298,678 297,527,693
PREMISES AND EQUIPMENT, net 9,165,532 9,217,876
GOODWILL 8,554,979 8,554,979
CORE DEPOSIT INTANGIBLE ASSETS, net 132,786 173,643
OTHER REAL ESTATE OWNED 667,954 1,568,000
OTHER ASSETS, including accrued interest receivable 4,697,774 3,783,822
TOTAL ASSETS 556,234,744 572,447,628
Deposits:    
Non-interest bearing 86,752,995 77,924,051
Interest-bearing 381,247,070 393,275,063
Total deposits 468,000,065 471,199,114
Other borrowings 12,100,552 22,557,220
Junior subordinated deferrable interest debentures 10,300,000 10,300,000
SHAREHOLDERS’ EQUITY    
Common stock, stated value $1.00, authorized 10,000,000 shares; issued 3,760,557 shares 3,760,557 3,760,557
Surplus 14,663,861 14,661,664
Retained earnings 50,807,689 46,855,865
Accumulated other comprehensive income (loss) (1,358,205) 3,697,363
Treasury stock, at cost, 318,506 shares in 2013 and 314,252 shares in 2012 (4,866,037) (4,805,244)
Total shareholders’ equity 63,007,865 64,170,205
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 556,234,744 572,447,628
Cash Surrender Value of Life Insurance (Member)
   
CASH AND CASH EQUIVALENTS    
CASH SURRENDER VALUE OF LIFE INSURANCE 14,173,138 13,761,183
Other Liabilities [Member]
   
Deposits:    
Other liabilities 2,826,262 4,221,089
Total liabilities $ 493,226,879 $ 508,277,423