Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income	$ 3,959,010	$ 3,523,625
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	745,195	604,500
Depreciation	911,250	722,855
Net amortization of investment securities	236,582	276,474
Income on cash surrender value of bank owned life insurance	(100,734)	(123,241)
Amortization of intangibles	3,907	11,719
Loss on sale/writedown of foreclosed assets	6,398	6,423
Net loss (gain) on disposal of fixed assets	(250,460)	752
Net gain on the sale of securities	(174,283)	0
Net gain on extinguishment of debt	(143,031)	0
Change in:
Other assets	(275,919)	(30,764)
Other liabilities	6,834	5,348
Net cash provided by operating activities	4,924,749	4,997,691
Cash flows from investing activities:
Proceeds from calls, paydowns and maturities of securities HTM	5,626,889	8,260,907
Proceeds from calls, paydowns and maturities of securities AFS	2,102,718	598,892
Proceeds from Federal Home Loan Bank stock repurchase	996,200	727,400
Proceeds from sale of securities available for sale	9,358,503	0
Purchase of securities held to maturity	0	(752,889)
Purchase of securities available for sale	(22,400,552)	(6,744,149)
Purchase of Federal Home Loan Bank Stock	(890,500)	(546,600)
Purchase of certificates of deposit in other banks	(245,000)	0
Net change in loans	(18,539,479)	(37,532,022)
Purchase of premises and equipment	(501,911)	(2,681,711)
Proceeds from sales of fixed assets and foreclosed assets	767,655	957,611
Net cash used by investing activities	(23,725,477)	(37,712,561)
Cash flows from financing activities:
Net change in deposits	10,498,147	29,242,453
Payment of short-term portion of long-term debt	(40,937,172)	(16,257,143)
Payment for early retirement of long-term debt	(11,501,940)	0
Proceeds from issuance of short-term debt	32,214,286	3,000,000
Proceeds from issuance of long-term debt	17,785,714	9,000,000
Cash dividends paid	(916,479)	(890,369)
Net cash provided by financing activities	7,142,556	24,094,941
Increase (decrease) in cash and cash equivalents	(11,658,172)	(8,619,929)
Cash and cash equivalents - beginning of period	35,498,792	34,138,421
Cash and cash equivalents - end of period	23,840,620	25,518,492
NONCASH ITEMS:
Increase in foreclosed properties and decrease in loans	41,945	503,655
Sale of foreclosed properties through loans	34,000	0
Unrealized gain (loss) on securities available for sale	2,199,471	(1,678,063)
Net reclass between short and long-term debt	4,153,571	6,600,000
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