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5. Loans, Allowance for Loan Losses and Credit Quality (Details 2) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Allowance for loan losses, Beginning balance $ 5,003,049 $ 4,837,578 $ 4,905,874 $ 4,854,915 $ 4,854,915
Charge-offs (101,516) (115,594) (177,938) (283,802) (543,839)
Recoveries 43,679 19,832 67,276 35,703 54,798
Provisions (credit) 150,000 135,000 300,000 270,000 540,000
Allowance for loan losses, Ending balance 5,095,212 4,876,816 5,095,212 4,876,816 4,905,874
Allowance for loan losses evaluated for impairment, Individually 189,300 231,900 189,300 231,900 77,800
Allowance for loan losses evaluated for impairment, Collectively 4,905,912 4,644,916 4,905,912 4,644,916 4,828,074
Allowance for loan losses 5,095,212 4,876,816 5,095,212 4,876,816 4,905,874
Loans evaluated for impairment, Individually 4,024,370 4,537,697 4,024,370 4,537,697 3,371,728
Loans evaluated for impairment, Collectively 455,457,680 446,055,607 455,457,680 446,055,607 444,433,227
Total Loans 459,482,050 450,593,304 459,482,050 450,593,304 447,804,955
Commercial and industrial          
Allowance for loan losses, Beginning balance 750,491 556,223 646,719 516,382 516,382
Charge-offs 0 (70,534) (35,059) (87,214) (153,329)
Recoveries 37,306 2,124 42,913 2,236 6,249
Provisions (credit) 93,297 199,603 226,521 256,012 277,417
Allowance for loan losses, Ending balance 881,094 687,416 881,094 687,416 646,719
Allowance for loan losses evaluated for impairment, Individually 70,000 99,300 70,000 99,300 0
Allowance for loan losses evaluated for impairment, Collectively 811,094 588,116 811,094 588,116 646,719
Allowance for loan losses 881,094 687,416 881,094 687,416 646,719
Loans evaluated for impairment, Individually 594,176 1,233,885 594,176 1,233,885 390,605
Loans evaluated for impairment, Collectively 72,966,949 63,241,499 72,966,949 63,241,499 63,999,615
Total Loans 73,561,125 64,475,384 73,561,125 64,475,384 64,390,220
Commercial Real Estate          
Allowance for loan losses, Beginning balance 2,325,111 2,172,678 2,311,936 2,143,398 2,143,398
Charge-offs 0 (30,819) 0 (130,819) (167,841)
Recoveries 0 0 0 0 0
Provisions (credit) (340,552) 13,879 (327,377) 143,159 336,379
Allowance for loan losses, Ending balance 1,984,559 2,155,738 1,984,559 2,155,738 2,311,936
Allowance for loan losses evaluated for impairment, Individually 0 18,900 0 18,900 34,400
Allowance for loan losses evaluated for impairment, Collectively 1,984,559 2,136,838 1,984,559 2,136,838 2,277,536
Allowance for loan losses 1,984,559 2,155,738 1,984,559 2,155,738 2,311,936
Loans evaluated for impairment, Individually 1,845,751 1,558,186 1,845,751 1,558,186 1,930,993
Loans evaluated for impairment, Collectively 170,719,470 162,744,657 170,719,470 162,744,657 164,680,837
Total Loans 172,565,221 164,302,843 172,565,221 164,302,843 166,611,830
Residential Real Estate - 1st Lien          
Allowance for loan losses, Beginning balance 1,322,017 1,396,934 1,270,766 1,452,184 1,452,184
Charge-offs (78,700) 0 (94,575) 0 (58,904)
Recoveries 0 1,725 6,042 11,098 14,543
Provisions (credit) 115,187 (61,648) 176,271 (126,271) (137,057)
Allowance for loan losses, Ending balance 1,358,504 1,337,011 1,358,504 1,337,011 1,270,766
Allowance for loan losses evaluated for impairment, Individually 71,800 100,600 71,800 100,600 43,400
Allowance for loan losses evaluated for impairment, Collectively 1,286,704 1,236,411 1,286,704 1,236,411 1,227,366
Allowance for loan losses 1,358,504 1,337,011 1,358,504 1,337,011 1,270,766
Loans evaluated for impairment, Individually 1,345,820 1,374,851 1,345,820 1,374,851 721,241
Loans evaluated for impairment, Collectively 160,764,096 167,992,858 160,764,096 167,992,858 163,244,883
Total Loans 162,109,916 169,367,709 162,109,916 169,367,709 163,966,124
Residential Real Estate Jr Lien          
Allowance for loan losses, Beginning balance 321,407 348,738 321,099 366,471 366,471
Charge-offs 0 0 (20,199) 0 (51,389)
Recoveries 60 60 120 120 240
Provisions (credit) 30,658 (54,184) 51,105 (71,977) 5,777
Allowance for loan losses, Ending balance 352,125 294,614 352,125 294,614 321,099
Allowance for loan losses evaluated for impairment, Individually 47,500 13,100 47,500 13,100 0
Allowance for loan losses evaluated for impairment, Collectively 304,625 281,514 304,625 281,514 321,099
Allowance for loan losses 352,125 294,614 352,125 294,614 321,099
Loans evaluated for impairment, Individually 238,623 370,775 238,623 370,775 328,889
Loans evaluated for impairment, Collectively 43,577,929 44,193,251 43,577,929 44,193,251 44,472,594
Total Loans 43,816,552 44,564,026 43,816,552 44,564,026 44,801,483
Consumer          
Allowance for loan losses, Beginning balance 86,084 100,386 118,819 105,279 105,279
Charge-offs (22,816) (14,241) (28,105) (65,769) (112,376)
Recoveries 6,313 15,923 18,201 22,249 33,766
Provisions (credit) (5,768) (17,953) (45,102) 22,356 92,150
Allowance for loan losses, Ending balance 63,813 84,115 63,813 84,115 118,819
Allowance for loan losses evaluated for impairment, Individually 0 0 0 0 0
Allowance for loan losses evaluated for impairment, Collectively 63,813 84,115 63,813 84,115 118,819
Allowance for loan losses 63,813 84,115 63,813 84,115 118,819
Loans evaluated for impairment, Individually 0 0 0 0 0
Loans evaluated for impairment, Collectively 7,429,236 7,883,342 7,429,236 7,883,342 8,035,298
Total Loans 7,429,236 7,883,342 7,429,236 7,883,342 8,035,298
Unallocated          
Allowance for loan losses, Beginning balance 197,939 262,619 236,535 271,201 271,201
Charge-offs 0 0 0 0 0
Recoveries 0 0 0 0 0
Provisions (credit) 257,178 55,303 218,582 46,721 (34,666)
Allowance for loan losses, Ending balance 455,117 317,922 455,117 317,922 236,535
Allowance for loan losses evaluated for impairment, Individually 0 0 0 0 0
Allowance for loan losses evaluated for impairment, Collectively 455,117 317,922 455,117 317,922 236,535
Allowance for loan losses $ 455,117 $ 317,922 $ 455,117 $ 317,922 $ 236,535