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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Interest and fees on loans $ 14,796,649 $ 12,695,520 $ 12,135,221
Interest on debt securities:  Taxable 1,170,259 1,345,549 1,366,591
Interest on debt securities:  Tax-exempt 1,253,064 1,240,706 1,055,727
Dividends 89,840 72,619 69,343
Interest on deposits in other banks 103,244 62,138 51,995
Interest on certificates of deposit in other banks 52 11,795 33,327
Total interest income 17,413,108 15,428,327 14,712,204
Interest expense:      
Deposits 935,291 795,850 749,854
Federal funds purchased 10 426 258
Other short-term borrowings 103,567 67,274 169,661
Long-term debt 573,225 453,258 435,686
Total interest expense 1,612,093 1,316,808 1,355,459
Net interest income 15,801,015 14,111,519 13,356,745
Provision for loan losses 160,000 141,300 330,000
Net interest income after provision for loan losses 15,641,015 13,970,219 13,026,745
Noninterest income:      
Service charges on deposit accounts 1,086,268 1,121,240 1,274,726
Income from trust services 209,755 245,279 241,131
Income from brokerage services 342,051 420,695 375,699
Income from insurance services 1,477,663 1,372,872 1,324,183
Income from mortgage banking services 354,627 317,970 645,241
Net gain on sale or disposition of assets 38,165 22,382 88,631
Net gain on sale of securities 168,919 3,587 293,508
Other income 781,811 756,152 743,319
Total noninterest income 4,459,259 4,260,177 4,986,438
Noninterest expense:      
Salaries and employee benefits 8,765,865 7,914,155 8,359,019
Occupancy expense 1,140,600 1,120,940 1,060,822
Equipment expense 860,935 923,267 896,416
Data processing expense 1,367,569 1,224,177 1,129,617
Amortization of intangible assets 15,625 15,625 44,931
Other operating expenses 2,763,227 2,831,433 2,878,991
Total noninterest expenses 14,913,821 14,029,597 14,369,796
Income before income taxes 5,186,453 4,200,799 3,643,387
Provision for income taxes 1,152,476 827,164 739,557
Net income $ 4,033,977 $ 3,373,635 $ 2,903,830
Basic earnings per share:      
Net income $ 1.58 $ 1.32 $ 1.14
Weighted average shares outstanding 2,547,778 2,547,837 2,547,837
Diluted earnings per share:      
Net income $ 1.58 $ 1.32 $ 1.14
Weighted average shares outstanding 2,547,778 2,547,837 2,547,837