Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities
Net income	$ 1,915,775	$ 1,468,370
Adjustments to reconcile net income to net cash provided by operations
Depreciation and amortization	148,430	134,855
Gain on sale of property and equipment	(10)	(50)
(Gain) loss on the sale of securities	33,127	(4,376)
Loss on the sale of foreclosed assets	31,103	9,620
Provision (recapture) of loan losses	212,741	(43,496)
Deferred income tax benefit	(3,682)	(630)
Accretion of discount on securities, net of amortization of premiums	(1,766)	(304)
Increase in cash surrender value of life insurance	(94,095)	(73,569)
Bank-owned life insurance death benefit in excess of CSV	(315,754)	(419,150)
Changes in assets and liabilities:
Accrued income	67,871	(66,274)
Other assets	(1,069,389)	(427,953)
Accrued interest payable	36,654	30,255
Other liabilities	966,537	547,397
Net cash provided by operating activities	1,927,542	1,154,695
Cash flows from investing activities
Net (increase) decrease in interest-bearing deposits with banks	6,928,999	432,980
Net increase in federal funds sold	(4,748)	(2,546)
Purchases of investment securities	(1,500,516)	(1,012,202)
Maturities of investment securities	2,003,678	1,002,913
Redemption of restricted equity	0	104,400
Purchase of restricted equity securities	(4,230)	(11,180)
Net increase in loans	(10,290,202)	(419,410)
Proceeds from the sale of investment securities	530,710	11,135
Proceeds from the sale of foreclosed assets	214,627	207,974
Purchases of property and equipment	(86,260)	(490,093)
Purchase of bank owned life insurance	(1,500,000)	0
Life insurance proceeds	695,811	1,001,320
Proceeds from the sale of property and equipment	10	50
Net cash provided by (used in) investing activities	(3,012,121)	825,341
Cash flows from financing activities
Net increase in deposits	4,001,072	766,488
Maturity of long-term debt	(1,000,000)	(2,000,000)
Expenses incurred in recapitalization	(25,000)	0
Dividends paid	(1,049,869)	(872,386)
Net cash provided by (used in) financing activities	1,926,203	(2,105,898)
Net increase (decrease) in cash and cash equivalents	841,624	(125,862)
Cash and due from banks, beginning	5,874,561	6,236,749
Cash and due from banks, ending	6,716,185	6,110,887
Supplemental disclosures of cash flow information
Interest paid	420,159	555,635
Taxes paid	1,050,247	828,479
Supplemental disclosures of non-cash transactions
Loans transferred to foreclosed properties	64,260	130,574
Cash dividends declared but not paid	45,730	45,730
Reclassification of Class A Common stock	$ 1,338,189	$ 0