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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Interest and fees on loans $ 16,299,091 $ 14,796,649 $ 12,695,520
Interest on debt securities:  Taxable 1,286,473 1,170,259 1,345,549
Interest on debt securities:  Tax-exempt 1,228,479 1,253,064 1,240,706
Dividends 102,360 89,840 72,619
Interest on deposits in other banks 195,032 103,244 62,138
Interest on certificates of deposit in other banks 34,879 52 11,795
Total interest income 19,146,314 17,413,108 15,428,327
Interest expense:      
Deposits 1,153,609 935,291 795,850
Federal funds purchased 1,068 10 426
Other short-term borrowings 224,144 103,567 67,274
Long-term debt 523,344 573,225 453,258
Total interest expense 1,902,165 1,612,093 1,316,808
Net interest income 17,244,149 15,801,015 14,111,519
Provision for loan losses 300,000 160,000 141,300
Net interest income after provision for loan losses 16,944,149 15,641,015 13,970,219
Noninterest income:      
Service charges on deposit accounts 1,005,270 1,086,268 1,121,240
Income from trust services 218,657 209,755 245,279
Income from brokerage services 362,416 342,051 420,695
Income from insurance services 1,523,309 1,477,663 1,372,872
Income from mortgage banking services 155,053 354,627 317,970
Net gain (loss) on sale or disposition of assets (9,022) 38,165 22,382
Net gain on sale of securities 186,610 168,919 3,587
Other income 870,229 781,811 756,152
Total noninterest income 4,312,522 4,459,259 4,260,177
Noninterest expense:      
Salaries and employee benefits 9,250,777 8,765,865 7,914,155
Occupancy expense 1,124,028 1,140,600 1,120,940
Equipment expense 850,376 860,935 923,267
Data processing expense 1,513,630 1,367,569 1,224,177
Amortization of intangible assets 15,625 15,625 15,625
Other operating expenses 3,074,843 2,763,227 2,831,433
Total noninterest expenses 15,829,279 14,913,821 14,029,597
Income before income taxes 5,427,392 5,186,453 4,200,799
Provision for income taxes 1,619,900 1,152,476 827,164
Net income $ 3,807,492 $ 4,033,977 $ 3,373,635
Basic earnings per share:      
Net income $ 1.49 $ 1.58 $ 1.32
Weighted average shares outstanding 2,547,421 2,547,778 2,547,837
Diluted earnings per share:      
Net income $ 1.49 $ 1.58 $ 1.32
Weighted average shares outstanding 2,547,422 2,547,778 2,547,837