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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement of Comprehensive Income [Abstract]    
Net income $ 1,013,348 $ 1,471,254
Other comprehensive income:    
Unrealized gains on securities available for sale arising during the period 1,064,633 864,277
Reclassification adjustment for realized gains included in income (29,181)  
Tax effect (403,826) (343,334)
Total other comprehensive income [1] 631,626 520,943
Comprehensive income $ 1,644,974 $ 1,992,197
[1] All amounts are net of tax.