CONSOLIDATED BALANCE SHEETS - USD ($)		Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks		$ 15,281,467	$ 14,865,466
Interest-earning deposits		14,333,284	17,041,862
Federal funds sold		9,053,968	47,325,238
Total cash and cash equivalents		38,668,719	79,232,566
Interest-earning time deposits		1,685,000	1,685,000
Securities available for sale		106,851,846	103,756,614
Federal Home Loan Bank stock		1,747,763	1,747,763
Federal Reserve Bank stock		1,676,700	1,676,700
Loans, net of allowance for loan losses of $6,136,720 and $5,886,225 at March 31, 2016 and December 31, 2015, respectively		440,449,819	420,463,583
Loans held for sale		938,366	1,078,785
Property and equipment, net		9,740,173	9,871,440
Goodwill		11,385,323	11,385,323
Bank-owned life insurance		15,450,177	15,336,442
Core deposit intangible		123,515	138,000
Foreclosed assets		2,933,451	3,059,101
Mortgage servicing rights		1,106,535	1,109,720
Accrued interest receivable		1,803,158	1,620,309
Other assets		2,304,423	2,712,911
Total assets		636,864,968	654,874,257
Deposits:
Noninterest-bearing		68,030,260	69,296,354
Interest-bearing		446,427,082	463,861,939
Total deposits		514,457,342	533,158,293
Federal Home Loan Bank advances		15,997,420	15,995,485
Securities sold under agreements to repurchase		19,181,030	19,732,766
Subordinated debentures		4,000,000	4,000,000
Accrued interest payable		239,294	227,947
Other liabilities		1,491,386	1,485,891
Total liabilities		$ 555,366,472	$ 574,600,382
Stockholders' Equity
Preferred stock, $.10 par value, 10,000,000 shares authorized, no shares issued
Common stock, $.10 par value, 20,000,000 shares authorized, 7,005,883 shares issued and outstanding at March 31, 2016 and December 31, 2015		$ 700,588	$ 700,588
Additional paid-in capital		55,806,256	55,806,256
Retained earnings		23,962,032	23,369,037
Accumulated other comprehensive income	[1]	1,029,620	397,994
Total stockholders' equity		81,498,496	80,273,875
Total liabilities and stockholders' equity		$ 636,864,968	$ 654,874,257

[1] All amounts are net of tax.