CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 4,766,344	$ 5,959,864
Interest-bearing deposits with banks	11,645,000	13,865,000
Total cash and cash equivalents	16,411,344	19,824,864
Loans held for investment	243,905,382	194,031,590
Allowance for loan losses	(2,506,033)	(1,894,196)
Loans held for investment, net	241,399,349	192,137,394
Loans held for sale	14,221,163	11,380,627
Available-for-sale securities	31,499,132	28,630,551
Other real estate	0	306,000
Premises and equipment, net	10,113,470	9,801,328
Stock in financial institutions	3,575,061	1,546,847
Accrued interest receivable	790,085	698,904
Deferred income taxes, net	4,317,017	0
Bank owned life insurance	5,481,168	5,355,013
Core deposit intangible, net	282,932	362,780
Prepaid and other assets	776,477	940,099
TOTAL ASSETS	328,867,198	270,984,407
Deposits
Demand deposits	36,426,382	37,969,000
Savings and NOW deposits	124,535,039	113,624,419
Time deposits	63,560,582	74,106,894
Total deposits	224,522,003	225,700,313
Federal Home Loan Bank advances	50,000,000	13,000,000
Escrows	315,175	277,370
Accrued interest and other liabilities	3,253,443	2,363,000
Total liabilities	278,090,621	241,340,683
Commitments and contingencies	0	0
Stockholders' equity
Common stock, $0.01 par value at December 31, 2016 and $0.10 par value at December 31, 2015; 100,000,000 and 20,000,000 authorized, 3,438,190 and 3,449,971 issued, 3,438,190 and 3,438,440 outstanding at December 31, 2016 and 2015, respectively.	34,382	168,513
Additional paid-in capital	27,161,856	9,713,894
Retained earnings	25,700,007	20,404,880
Accumulated other comprehensive loss, net of tax	(363,437)	(216,047)
Treasury stock, at cost; 0 and 11,530 shares	0	(139,332)
Unearned employee stock ownership plan (ESOP) shares	(1,756,231)	(288,184)
Total stockholders' equity	50,776,577	29,643,724
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 328,867,198	$ 270,984,407