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Parent Company Financial Information (Details 2) - 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 net cash used in operating activities:    
Stock compensation expense 303,829 385,508
Gain on sale of loans held for sale 87,995 (1,032)
Net changes in fair value and losses on other real estate owned (457,173) (651,038)
Loan loss provision 150,000 (30,000)
Change in other assets (170,697) (361,679)
Net cash used in operating activities (4,983,898) (2,881,290)
Investing activities    
Purchase of premises and equipment 30,260 87,514
Change in loans, net of allowance $ (1,142,421) 6,753,965
Proceeds from sale of loans held for sale 1,033,000
Net cash provided by investing activities $ 5,311,897 $ 705
Financing activities    
Issuance of preferred stock, net of closing costs 7,615,577
(Repayments of) proceeds from note payable from affiliate 600,000 $ (600,000)
Net cash provided by 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
Parent Company [Member]    
Operating activities    
Net loss (4,798,519) (6,500,256)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation expense 288,973 366,246
Equity in undistributed net loss (income) of subsidiary $ 912,960 (225,604)
Gain on sale of loans held for sale (118,452)
Net changes in fair value and losses on other real estate owned $ 105,603 $ 581,856
Loan loss provision
Depreciation expense $ 128,549 $ 126,115
Change in other assets 153,329 (67,762)
Change in accrued items (1,633,526) 1,996,911
Net cash used in operating activities (4,842,631) (3,840,946)
Investing activities    
Purchase of premises and equipment $ (7,408) (5,943)
Change in loans, net of allowance 2,120
Proceeds from sale of loans held for sale 1,033,000
Proceeds from sale of other real estate owned $ 455,277 151,214
Net cash provided by investing activities 447,869 $ 1,180,391
Financing activities    
Issuance of preferred stock, net of closing costs 7,615,577
(Repayments of) proceeds from note payable from affiliate (600,000) $ 600,000
Net cash provided by financing activities 7,015,577 600,000
Net increase (decrease) in cash and cash equivalents 2,620,815 (2,060,555)
Cash and cash equivalents at beginning of the year 288,440 2,348,995
Cash and cash equivalents at end of the year $ 2,909,255 288,440
Schedule of non-cash transactions    
Loans transferred to other real estate owned $ 809,000