Consolidated Balance Sheets - USD ($)	Jun. 30, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 7,786,260	$ 11,143,494
Interest-bearing deposits in other banks	27,292,172	22,994,927
Cash and cash equivalents	35,078,432	34,138,421
Certificates of deposit in other banks	1,985,000	1,985,000
Investment securities available for sale, at fair value	59,281,391	54,263,261
Investment securities held to maturity (fair value approximates $41,354,902 and $45,147,800)	41,188,852	44,590,841
Federal Home Loan Bank stock, at cost	2,474,800	2,438,200
Total investment securities	102,945,043	101,292,302
Loans	345,869,516	330,191,311
Less: Unearned income	(17,516)	(17,921)
Allowance for loan losses	(3,192,697)	(3,043,632)
Loans, net	342,659,303	327,129,758
Premises and equipment, net	13,693,397	12,249,518
Bank property held for sale	211,500	211,500
Foreclosed assets	37,605	758,878
Intangible assets	11,719	19,532
Bank owned life insurance	6,635,557	6,553,318
Other assets	4,895,615	4,734,148
Total assets	508,153,171	489,072,375
Deposits:
Interest bearing business checking	29,314,528	0
NOW accounts	54,042,854	25,871,273
Money Market	115,021,599	129,040,471
Savings	32,831,239	30,793,864
Certificates of deposit $250,000 and over	22,472,082	22,662,235
Other time accounts	63,449,358	60,969,445
Total interest-bearing deposits	317,131,660	269,337,288
Noninterest-bearing deposits	98,304,792	127,668,471
Total deposits	415,436,452	397,005,759
Short-term borrowed funds	19,471,429	17,971,429
Long-term debt	27,557,143	29,057,143
Other liabilities	3,754,070	3,895,058
Total liabilities	466,219,094	447,929,389
Stockholders' equity:
Common stock - $1 par value, 5,000,000 shares authorized, 2,545,776 shares issued	2,545,776	4,293,835
Capital surplus	7,206,799	31,701,533
Retained earnings	34,815,208	33,020,030
Accumulated other comprehensive loss	(2,633,706)	(1,629,619)
Treasury stock, at cost 0 shares for 2018 and 1,752,330 for 2017	0	(26,242,793)
Total stockholders' equity	41,934,077	41,142,986
Total liabilities and stockholders' equity	$ 508,153,171	$ 489,072,375