Consolidated Balance Sheets - USD ($)	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 13,283,528	$ 14,050,682
Interest-bearing deposits in other banks	10,557,092	21,448,110
Cash and cash equivalents	23,840,620	35,498,792
Certificates of deposit in other banks	2,977,000	2,732,000
Investment securities available for sale, at fair value	71,423,493	58,313,577
Investment securities held to maturity (fair value approximates $31,850,250 and $37,010,327)	31,166,771	36,827,073
Federal Home Loan Bank stock, at cost	1,714,600	1,820,300
Total investment securities	104,304,864	96,960,950
Loans	394,630,148	376,767,688
Less: Unearned income	(17,397)	(17,451)
Allowance for loan losses	(3,505,044)	(3,428,869)
Loans, net	391,107,707	373,321,368
Premises and equipment, net	14,021,157	14,573,974
Foreclosed assets	169,550	127,605
Intangible assets	0	3,907
Bank owned life insurance	6,879,976	6,779,242
Other assets	4,243,515	4,835,329
Total assets	547,544,389	534,833,167
Deposits:
Interest bearing business checking	29,388,149	28,070,871
NOW accounts	17,874,816	35,816,115
Money Market	165,386,562	158,730,044
Savings	33,348,330	31,848,588
Certificates of deposit $250,000 and over	29,290,547	16,264,681
Other time accounts	75,797,992	81,214,376
Total interest-bearing deposits	351,086,396	351,944,675
Noninterest-bearing deposits	115,051,336	103,694,910
Total deposits	466,137,732	455,639,585
Short-term borrowed funds	5,814,286	10,457,143
Long-term debt	23,232,143	21,171,429
Other liabilities	3,961,171	3,946,066
Total liabilities	499,145,332	491,214,223
Stockholders' equity:
Common stock - $1 par value, 5,000,000 shares authorized, 2,545,776 shares issued	2,545,776	2,545,776
Capital surplus	18,418,995	18,418,995
Retained earnings	27,884,100	24,841,569
Accumulated other comprehensive loss	(449,814)	(2,187,396)
Total stockholders' equity	48,399,057	43,618,944
Total liabilities and stockholders' equity	$ 547,544,389	$ 534,833,167