Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating activities
Net loss	$ (4,798,519)	$ (6,500,256)
Adjustments to reconcile net loss to cash used in operating activities:
Provision (reversal of provision) for loan losses	150,000	(30,000)
Depreciation	215,471	216,323
Amortization of investment securities discounts/premiums, net	110,134	240,072
Stock option expense related to stock based amortization	$ 303,829	385,508
Loss (gain) on sale of investment securities		(118,452)
Gain on sale of loans held for sale	$ 87,995	(1,032)
Net changes in fair value and losses on other real estate owned and repossessed assets	364,942	588,450
Decrease in other assets, net	170,697	$ 361,679
Forgiveness of debt	(403,245)
Increase (decrease) in other liabilities, net	(1,185,202)	$ 1,976,418
Net cash used in operating activities	(4,983,898)	(2,881,290)
Investing activities
Net decrease (increase) in loans	$ 1,142,421	(6,753,965)
Proceeds from sale of loans held for sale		$ 1,033,000
Purchases of investment securities available for sale	$ (336,864)
Purchases of interest bearing deposits in other institutions	(1,500,000)
Maturities and sales of investment securities available for sale	4,070,789	$ 4,097,244
Repayments of investment securities available for sale	1,166,366	1,392,127
Redemption (purchase) of non-marketable equity securities	217,150	(185,450)
Purchase of property, equipment, and software	(30,260)	(87,514)
Proceeds from sale of other real estate owned and repossessed assets	582,295	505,263
Net cash provided by investing activities	5,311,897	705
Financing activities
Increase (decrease) in deposits, net	692,662	(6,294,014)
(Repayments on) proceeds from borrowings	(5,000,000)	5,000,000
(Decrease) increase in securities sold under agreements to repurchase	(40,523)	56,724
(Repayments on) proceeds from issuance of note payable	(600,000)	$ 600,000
Issuance of preferred stock, net of offering expenses	7,615,577
Net cash provided by (used in) financing activities	2,667,716	$ (637,290)
Net increase (decrease) in cash and cash equivalents	2,995,715	(3,517,875)
Cash and cash equivalents at beginning of the year	10,904,080	14,421,955
Cash and cash equivalents at end of the year	13,899,795	10,904,080
Cash paid for
Interest	331,379	311,230
Schedule of non-cash transactions
Unrealized gain on securities available for sale, net of tax	24,697	1,218,904
Loans transferred to other real estate owned and repossessed assets	$ 300,000	$ 1,143,000