Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Nonaccrual loan interest	$ 34,104	$ 0
Deferred gain on covered transaction	24,154	0
Alternative minimum tax	564,920	231,038
Foreclosed assets expenses	6,205	1,628
Intangible asset amortization	298,699	298,699
Bad debt expense in excess of tax	1,030,959	1,058,809
Realized loss on other-than-temporarily impaired equity securities	214,353	227,586
Nonqualified retirement plan	0	(7,229)
Pension plan	838,137	487,245
Total deferred tax assets	3,011,531	2,297,776
Accretion on bonds and gain on discounted bonds	59,005	36,138
Book and tax depreciation difference	262,312	329,577
Unrealized gain on securities available for sale	243,979	198,156
Total deferred tax liabilities	565,296	563,871
Net deferred tax assets	$ 2,446,235	$ 1,733,905