Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 14,607,412	$ 11,143,494
Interest-bearing deposits in other banks	10,911,080	22,994,927
Cash and cash equivalents	25,518,492	34,138,421
Certificates of deposit in other banks	1,985,000	1,985,000
Investment securities available for sale, at fair value	58,576,205	54,263,261
Investment securities held to maturity (fair value approximates $36,935,137 and $45,147,800)	36,960,598	44,590,841
Federal Home Loan Bank stock, at cost	2,257,400	2,438,200
Total investment securities	97,794,203	101,292,302
Loans	366,662,213	330,191,311
Less: Unearned income	(17,490)	(17,921)
Allowance for loan losses	(3,078,098)	(3,043,632)
Loans, net	363,566,625	327,129,758
Premises and equipment, net	14,187,802	12,249,518
Bank property held for sale	211,500	211,500
Foreclosed assets	127,605	758,878
Intangible assets	7,813	19,532
Bank owned life insurance	6,676,559	6,553,318
Other assets	5,293,921	4,734,148
Total assets	515,369,520	489,072,375
Deposits:
Interest bearing business checking	26,346,953	0
NOW accounts	20,241,049	25,871,273
Money Market	157,630,966	129,040,471
Savings	32,223,945	30,793,864
Certificates of deposit $250,000 and over	24,624,727	22,662,235
Other time accounts	65,019,359	60,969,445
Total interest-bearing deposits	326,086,999	269,337,288
Noninterest-bearing deposits	100,161,212	127,668,471
Total deposits	426,248,211	397,005,759
Short-term borrowed funds	12,171,429	17,971,429
Long-term debt	30,600,000	29,057,143
Other liabilities	3,899,309	3,895,058
Total liabilities	472,918,949	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	35,653,285	33,020,030
Accumulated other comprehensive loss	(2,955,289)	(1,629,619)
Treasury stock, at cost 0 shares for 2018 and 1,752,330 for 2017	0	(26,242,793)
Total stockholders' equity	42,450,571	41,142,986
Total liabilities and stockholders' equity	$ 515,369,520	$ 489,072,375