Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

Note 20: Quarterly Results of Operations (Unaudited)

	Year Ended December 31, 2015
	Three Months Ended
	December 31		September 30		June 30		March 31
Interest income	$	2,923,681	$	2,830,112	$	2,859,579	$	2,901,492
Interest expense		252,749		267,433		293,141		314,050
Net interest income		2,670,932		2,562,679		2,566,438		2,587,442
Provision for loan losses		30,000		45,000		35,000		30,000
Net interest income after provision for loan losses		2,640,932		2,517,679		2,531,438		2,557,442
Noninterest income		1,096,519		991,626		1,063,287		1,035,458
Noninterest expense		2,814,601		2,579,660		2,431,183		2,515,789
Income before income taxes		922,850		929,645		1,163,542		1,077,111
Income tax expense		218,785		230,247		327,139		290,854
Net income	$	704,065	$	699,398	$	836,403	$	786,257
Basic earnings per share	$	0.40	$	0.40	$	0.47	$	0.44
Diluted earnings per share	$	0.39	$	0.39	$	0.47	$	0.44

	Year Ended December 31, 2014
	Three Months Ended
	December 31		September 30		June 30		March 31
Interest income	$	2,921,442	$	2,946,212	$	2,978,484	$	3,045,770
Interest expense		337,222		353,542		371,036		389,658
Net interest income		2,584,220		2,592,670		2,607,448		2,656,112
Provision for loan losses		150,000		30,000		30,000		30,000
Net interest income after provision for loan losses		2,434,220		2,562,670		2,577,448		2,626,112
Noninterest income		1,059,478		1,024,088		947,678		997,532
Noninterest expense		2,658,085		2,470,123		2,723,872		2,470,346
Income before income taxes		835,613		1,116,635		801,254		1,153,298
Income tax expense		183,641		260,619		176,277		313,509
Net income	$	651,972	$	856,016	$	624,977	$	839,789
Basic earnings per share	$	0.37	$	0.48	$	0.35	$	0.47
Diluted earnings per share	$	0.36	$	0.47	$	0.35	$	0.47