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Consolidated Balance Sheets (Parenthetical) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Statement of Financial Position [Abstract]    
Investment securities held to maturity $ 62,198,699 $ 62,841,404
Allowance for loan losses 3,032,242 3,114,151
Certificates of deposit $ 100,000 $ 100,000
Common stock, par value $ 1 $ 1
Common stock, shares authorized 5,000,000 5,000,000
Common stock, shares issued 4,293,835 4,293,835
Treasury stock, at cost $ 1,745,998 $ 1,745,998