Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income	$ 2,526,915	$ 2,380,054
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	366,298	355,500
Depreciation	607,500	474,903
Net amortization of investment securities	140,392	185,548
Income on cash surrender value of bank owned life insurance	(66,830)	(82,239)
Amortization of intangibles	3,907	7,812
Loss on sale/writedown of foreclosed assets	5,850	6,789
Net gain on disposal of fixed assets	(250,578)	(6,888)
Net gain on extinguishment of debt	(143,031)	0
Change in:
Other assets	(380,247)	282,059
Other liabilities	133,368	(140,255)
Net cash provided by operating activities	2,943,544	3,463,283
Cash flows from investing activities:
Proceeds from calls, paydowns and maturities of securities HTM	4,257,355	4,070,107
Proceeds from calls, paydowns and maturities of securities AFS	540,971	354,244
Proceeds from Federal Home Loan Bank stock repurchase	840,900	0
Purchase of securities held to maturity	0	(752,889)
Purchase of securities available for sale	(14,128,215)	(6,744,149)
Purchase of Federal Home Loan Bank Stock	(890,500)	(36,600)
Purchase of certificates of deposit in other banks	(245,000)	0
Net change in loans	(11,848,096)	(16,285,700)
Purchase of premises and equipment	(440,881)	(1,931,714)
Proceeds from sales of fixed assets and foreclosed assets	491,655	957,611
Net cash used by investing activities	(21,421,811)	(20,369,090)
Cash flows from financing activities:
Net change in deposits	11,997,878	18,430,694
Payment of short-term portion of long-term debt	(37,283,601)	0
Payment for early retirement of long-term debt	(11,501,940)	0
Proceeds from issuance of short-term debt	33,214,286	0
Proceeds from issuance of long-term debt	17,785,714	0
Cash dividends paid	(610,986)	(584,876)
Net cash provided by financing activities	13,601,351	17,845,818
Increase (decrease) in cash and cash equivalents	(4,876,916)	940,011
Cash and cash equivalents - beginning of period	35,498,792	35,078,432
Cash and cash equivalents - end of period	30,621,876	36,018,443
NONCASH ITEMS:
Increase in foreclosed properties and decrease in loans	0	413,655
Unrealized gain (loss) on securities available for sale	1,928,559	(1,270,997)
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
Sales of fixed assets through loans	$ 0	$ 13,000