Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net income	$ 1,228,706	$ 1,232,366
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	115,908	215,500
Depreciation	303,750	237,452
Net amortization of investment securities	63,560	90,812
Income on cash surrender value of bank owned life insurance	(33,347)	(41,556)
Amortization of intangibles	3,907	3,906
(Gain) loss on sale/writedown of foreclosed assets	(898)	7,521
Net gain on extinguishment of debt	(143,031)	0
Change in:
Other assets	183,666	267,377
Other liabilities	(453,128)	(565,517)
Net cash provided by operating activities	1,269,093	1,447,861
Cash flows from investing activities:
Proceeds from calls, paydowns and maturities of securities HTM	1,628,603	649,921
Proceeds from calls, paydowns and maturities of securities AFS	175,813	125,115
Proceeds from Federal Home Loan Bank stock repurchase	840,900	0
Purchase of securities available for sale	(3,965,719)	(3,011,243)
Purchase of Federal Home Loan Bank Stock	(40,500)	(36,600)
Net change in loans	(1,121,988)	(5,477,008)
Purchase of premises and equipment	(178,472)	(966,591)
Proceeds from sales of fixed assets and foreclosed assets	20,717	954,791
Net cash used by investing activities	(2,640,646)	(7,761,615)
Cash flows from financing activities:
Net change in deposits	32,978,972	21,442,815
Payment of short-term portion of long-term debt	(7,283,601)	0
Payment for early retirement of long-term debt	(11,501,940)	0
Proceeds from issuance of short-term debt	1,000,000	0
Cash dividends paid	(305,495)	(280,035)
Net cash provided by financing activities	14,887,936	21,162,780
Increase in cash and cash equivalents	13,516,383	14,849,026
Cash and cash equivalents - beginning of period	35,498,792	34,138,421
Cash and cash equivalents - end of period	49,015,175	48,987,447
NONCASH ITEMS:
Increase in foreclosed properties and decrease in loans	0	376,050
Unrealized gain (loss) on securities available for sale	908,569	(973,869)
Net reclass between short and long-term debt	0	1,500,000
Retirement of treasury stock	0	26,242,793
Receivable from sale of guaranteed foreclosed asset	$ 0	$ 172,616