Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 7,700,522	$ 6,156,818
Interest-bearing deposits in other banks	18,819,394	24,923,455
Cash and cash equivalents	26,519,916	31,080,273
Certificates of deposit in other banks	0	245,000
Investment securities available for sale, at fair value	53,565,503	51,476,411
Investment securities to be held to maturity (fair value approximates $55,123,073 and $62,198,699)	54,602,535	60,888,804
Federal Home Loan Bank stock, at cost	1,874,200	1,869,200
Loans, net of allowance for loan losses of $3,124,611 and $3,032,242	289,399,625	247,754,093
Premises and equipment, net	11,209,285	11,157,444
Bank property held for sale	211,500	0
Foreclosed assets, net	126,713	81,750
Intangible assets	35,156	50,781
Bank owned life insurance	5,356,683	5,231,393
Other assets	5,600,114	5,020,321
Total assets	448,501,230	414,855,470
Deposits:
NOW accounts	47,420,335	25,382,480
Money market	95,658,654	108,226,017
Savings	29,006,734	27,720,845
Certificates of deposit $100,000 and over	43,234,832	25,189,020
Other time accounts	39,524,168	50,728,148
Total interest-bearing deposits	254,844,723	237,246,510
Noninterest-bearing deposits	116,648,264	101,769,333
Total deposits	371,492,987	339,015,843
Short-term borrowed funds	8,447,619	7,590,476
Long-term debt	26,028,571	28,476,190
Other liabilities	4,109,719	3,675,271
Total liabilities	410,078,896	378,757,780
Stockholders' equity:
Common stock – $1 par value, 5,000,000 shares authorized, 4,293,835 shares for 2016 and 2015 issued	4,293,835	4,293,835
Additional paid-in capital	31,701,533	31,701,533
Retained earnings	30,333,410	27,369,480
Accumulated other comprehensive loss	(1,785,991)	(1,153,363)
Treasury stock, at cost 1,746,398 shares for 2016 and 1,745,998 for 2015	(26,120,453)	(26,113,795)
Total stockholders' equity	38,422,334	36,097,690
Total liabilities and stockholders' equity	$ 448,501,230	$ 414,855,470