Consolidated Balance Sheets - USD ($)	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 9,777,361	$ 11,143,494
Interest-bearing deposits in other banks	39,210,086	22,994,927
Cash and cash equivalents	48,987,447	34,138,421
Certificates of deposit in other banks	1,985,000	1,985,000
Investment securities available for sale, at fair value	56,127,550	54,263,261
Investment securities held to maturity (fair value approximates $44,113,080 and $45,147,800)	43,898,078	44,590,841
Federal Home Loan Bank stock, at cost	2,474,800	2,438,200
Total investment securities	102,500,428	101,292,302
Loans	335,203,151	330,191,311
Less: Unearned income	(17,526)	(17,921)
Allowance for loan losses	(3,170,409)	(3,043,632)
Loans, net	332,015,216	327,129,758
Premises and equipment, net	12,974,657	12,249,518
Bank property held for sale	211,500	211,500
Foreclosed assets	0	758,878
Intangible assets	15,625	19,532
Bank owned life insurance	6,594,874	6,553,318
Other assets	4,847,900	4,734,148
Total assets	510,132,647	489,072,375
Deposits:
NOW accounts	28,317,459	25,871,273
Money Market	139,728,200	129,040,471
Savings	32,682,797	30,793,864
Certificates of deposit $250,000 and over	22,635,803	22,662,235
Other time accounts	62,186,506	60,969,445
Total interest-bearing deposits	285,550,765	269,337,288
Noninterest-bearing deposits	132,897,809	127,668,471
Total deposits	418,448,574	397,005,759
Short-term borrowed funds	19,471,429	17,971,429
Long-term debt	27,557,143	29,057,143
Other liabilities	3,329,540	3,895,058
Total liabilities	468,806,686	447,929,389
Stockholders' equity:
Common stock - $1 par value, 5,000,000 shares authorized, 4,293,835 shares issued	4,293,835	4,293,835
Capital surplus	5,458,740	31,701,533
Retained earnings	33,972,361	33,020,030
Accumulated other comprehensive loss	(2,398,975)	(1,629,619)
Treasury stock, at cost 0 shares for 2018 and 1,752,330 for 2017	0	(26,242,793)
Total stockholders' equity	41,325,961	41,142,986
Total liabilities and stockholders' equity	$ 510,132,647	$ 489,072,375