Commitments, Contingent Liabilities, and Financial Instruments with Off-Balance Sheet Risk (Tables)

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Contractual or Notional Amounts of Financial Instruments

The contractual or notional amounts of financial instruments having credit risk in excess of that reported in the Consolidated Balance Sheets are as follows:

	Dec. 31, 2014		Dec. 31, 2013
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	17,134,310	$	13,253,612
Standby letters of credit and financial guarantees	$	975,000	$	50,000

Schedule of Future Cash Payments

The Corporation’s operating leases are comprised of purchase obligations for data processing services. During 2014, the mortgage servicing office personnel were moved to the North Valdosta branch facility and the rental agreement expired at the old location. We have no capital lease obligations. The following table shows scheduled future cash payments under those obligations as of December 31, 2014.

	Payments Due by Period
	Total		Less than 1 Year		1-3 Years		4-5 Years		After 5 Years
Operating leases	$	9,181	$	6,304	$	2,876	$	0	$	0