CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 8,659,129	$ 12,909,924
Interest-earning time deposits in banks	750,000	750,000
Investment securities - available for sale	55,688,264	55,748,263
Mortgage-backed securities - available for sale	53,073,119	44,413,177
Federal Home Loan Bank stock	352,200	363,800
Other investment securities	54,774	55,481
Loans held for sale - net	265,000	503,003
Loans receivable - net of allowance for loan losses of $3,035,408 and $3,007,395 as of March 31, 2017 and December 31, 2016	178,547,718	184,448,003
Premises and equipment - net	4,451,344	4,498,653
Cash surrender value of life insurance	7,313,484	7,271,438
Accrued interest receivable	1,774,187	1,588,545
Goodwill	2,726,567	2,726,567
Capitalized mortgage servicing rights	554,882	552,827
Real estate owned	194,204
Income taxes receivable		45,444
Deferred income taxes	2,457,765	2,738,789
Other assets	638,562	704,845
Total Assets	317,501,199	319,318,759
LIABILITIES AND STOCKHOLDERS' EQUITY
Deposits	258,640,977	258,677,960
Other borrowings	3,304,175	7,135,182
Advance payments by borrowers for taxes and insurance	1,626,139	1,102,204
Accrued interest payable	93,255	106,755
Deferred compensation payable	4,724,733	4,680,268
Income taxes payable	230,617
Dividends payable	180,170	179,904
Other liabilities	1,279,943	1,190,921
Total liabilities	270,080,009	273,073,194
Commitments and contingencies
Preferred stock, $0.01 par value - authorized 10,000,000 shares; none issued and outstanding
Common stock, $0.01 par value - authorized 25,000,000 shares; issued 1,801,701 shares as of March 31, 2017 and 1,800,244 as of December 31, 2016	18,017	18,002
Additional paid-in-capital	13,951,418	13,908,728
Retained earnings	34,248,892	33,667,499
Less: Unallocated ESOP shares	(166,190)	(172,370)
Accumulated other comprehensive loss	(630,947)	(1,176,294)
Total stockholders' equity	47,421,190	46,245,565
Total Liabilities and Stockholders' Equity	$ 317,501,199	$ 319,318,759