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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Loans, including fees $ 40,212,379 $ 34,844,200 $ 32,802,823
Securities:      
Taxable 3,447,684 4,152,507 4,138,453
Tax-exempt 1,158,061 1,080,008 914,635
Federal funds sold 19,159 18,480 24,964
Restricted equity securities 280,985 268,171 258,300
Interest-bearing deposits in financial institutions 276,488 140,367 147,569
Total interest income 45,394,756 40,503,733 38,286,744
Interest expense:      
Interest-bearing deposits 1,489,470 748,082 599,309
Savings and money market accounts 2,859,064 2,732,985 2,753,858
Time deposits 2,084,771 2,031,267 2,322,462
Federal funds purchased 21,612 23,687 6,771
Securities sold under agreements to repurchase 1,311 14,625 26,496
Federal Home Loan Bank advances 475,308 179,866 162,000
Total interest expense 6,931,536 5,730,512 5,870,896
Net interest income 38,463,220 34,773,221 32,415,848
Provision for loan and lease losses 2,828,633 1,650,675 3,868,855
Net interest income after provision for loan and lease losses 35,634,587 33,122,546 28,546,993
Noninterest income:      
Service charges on deposit accounts 1,108,153 909,698 1,079,931
Loan commitment fees 1,118,565 822,162 941,218
Net gain on sale of securities 120,873 55,023 13,457
Mortgage banking income 7,375,064 5,961,766 4,067,013
Other noninterest income 1,361,794 1,134,861 1,317,623
Total noninterest income 11,084,449 8,883,510 7,419,242
Noninterest expense:      
Salaries and employee benefits 20,460,510 19,278,328 17,474,156
Data processing and software 2,372,854 2,316,707 2,566,371
Professional fees 1,553,680 1,469,031 1,357,368
Occupancy 1,498,405 1,538,157 1,511,687
Equipment 1,743,340 1,598,156 1,259,000
Regulatory fees 1,090,735 914,959 940,842
Other operating 4,409,324 3,861,435 3,452,681
Total noninterest expense 33,128,848 30,976,773 28,562,105
Income before income taxes 13,590,188 11,029,283 7,404,130
Income tax expense 4,493,410 3,469,847 2,412,386
Net income $ 9,096,778 $ 7,559,436 $ 4,991,744
Per share information:      
Basic net income per share of common stock $ 0.98 $ 0.89 $ 0.59
Diluted net income per share of common stock $ 0.81 $ 0.73 $ 0.49
Weighted average shares outstanding:      
Basic 9,328,236 8,538,970 8,456,386
Diluted 11,212,026 10,381,895 10,281,044