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5. Loans, Allowance for Loan Losses and Credit Quality (Details 2) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Allowance for loan losses, Beginning balance $ 5,095,212 $ 4,876,816 $ 4,905,874 $ 4,854,915 $ 4,854,915
Charge-offs (162,784) (138,493) (340,722) (422,295) (543,839)
Recoveries 8,559 12,468 75,835 48,171 54,798
Provisions (credit) 75,000 135,000 375,000 405,000 540,000
Allowance for loan losses, Ending balance 5,015,987 4,885,791 5,015,987 4,885,791 4,905,874
Allowance for loan losses evaluated for impairment, Individually 186,800 128,600 186,800 128,600 77,800
Allowance for loan losses evaluated for impairment, Collectively 4,829,187 4,757,191 4,829,187 4,757,191 4,828,074
Allowance for loan losses 5,015,987 4,885,791 5,015,987 4,885,791 4,905,874
Loans evaluated for impairment, Individually 4,911,816 3,994,071 4,911,816 3,994,071 3,371,728
Loans evaluated for impairment, Collectively 450,506,316 439,994,559 450,506,316 439,994,559 444,433,227
Total Loans 455,418,132 443,988,630 455,418,132 443,988,630 447,804,955
Commercial and industrial          
Allowance for loan losses, Beginning balance 881,094 687,416 646,719 516,382 516,382
Charge-offs (70,000) (27,881) (105,059) (115,095) (153,329)
Recoveries 997 3,028 43,909 5,265 6,249
Provisions (credit) (91,246) 11,893 135,276 267,904 277,417
Allowance for loan losses, Ending balance 720,845 674,456 720,845 674,456 646,719
Allowance for loan losses evaluated for impairment, Individually 0 21,200 0 21,200 0
Allowance for loan losses evaluated for impairment, Collectively 720,845 653,256 720,845 653,256 646,719
Allowance for loan losses 720,845 674,456 720,845 674,456 646,719
Loans evaluated for impairment, Individually 446,928 983,044 446,928 983,044 390,605
Loans evaluated for impairment, Collectively 68,523,446 62,976,186 68,523,446 62,976,186 63,999,615
Total Loans 68,970,374 63,959,230 68,970,374 63,959,230 64,390,220
Commercial Real Estate          
Allowance for loan losses, Beginning balance 1,984,559 2,155,738 2,311,936 2,143,398 2,143,398
Charge-offs (14,783) (24,100) (14,783) (154,919) (167,841)
Recoveries 0 0 0 0 0
Provisions (credit) 45,039 118,614 (282,338) 261,773 336,379
Allowance for loan losses, Ending balance 2,014,815 2,250,252 2,014,815 2,250,252 2,311,936
Allowance for loan losses evaluated for impairment, Individually 0 62,000 0 62,000 34,400
Allowance for loan losses evaluated for impairment, Collectively 2,014,815 2,188,252 2,014,815 2,188,252 2,277,536
Allowance for loan losses 2,014,815 2,250,252 2,014,815 2,250,252 2,311,936
Loans evaluated for impairment, Individually 2,526,797 1,728,772 2,526,797 1,728,772 1,930,993
Loans evaluated for impairment, Collectively 169,109,904 160,546,726 169,109,904 160,546,726 164,680,837
Total Loans 171,636,701 162,275,498 171,636,701 162,275,498 166,611,830
Residential Real Estate - 1st Lien          
Allowance for loan losses, Beginning balance 1,358,504 1,337,011 1,270,766 1,452,184 1,452,184
Charge-offs (17,473) (28,382) (112,047) (28,382) (58,904)
Recoveries 0 1,725 6,042 12,823 14,543
Provisions (credit) 57,167 (22,894) 233,437 (149,165) (137,057)
Allowance for loan losses, Ending balance 1,398,198 1,287,460 1,398,198 1,287,460 1,270,766
Allowance for loan losses evaluated for impairment, Individually 71,800 45,400 71,800 45,400 43,400
Allowance for loan losses evaluated for impairment, Collectively 1,326,398 1,242,060 1,326,398 1,242,060 1,227,366
Allowance for loan losses 1,398,198 1,287,460 1,398,198 1,287,460 1,270,766
Loans evaluated for impairment, Individually 1,701,790 947,329 1,701,790 947,329 721,241
Loans evaluated for impairment, Collectively 160,061,678 164,715,097 160,061,678 164,715,097 163,244,883
Total Loans 161,763,468 165,662,426 161,763,468 165,662,426 163,966,124
Residential Real Estate Jr Lien          
Allowance for loan losses, Beginning balance 352,125 294,614 321,099 366,471 366,471
Charge-offs (35,194) (33,875) (55,393) (33,875) (51,389)
Recoveries 60 60 180 180 240
Provisions (credit) 106,934 23,329 158,039 (48,648) 5,777
Allowance for loan losses, Ending balance 423,925 284,128 423,925 284,128 321,099
Allowance for loan losses evaluated for impairment, Individually 115,000 0 115,000 0 0
Allowance for loan losses evaluated for impairment, Collectively 308,925 284,128 308,925 284,128 321,099
Allowance for loan losses 423,925 284,128 423,925 284,128 321,099
Loans evaluated for impairment, Individually 236,301 334,926 236,301 334,926 328,889
Loans evaluated for impairment, Collectively 45,000,993 43,812,935 45,000,993 43,812,935 44,472,594
Total Loans 45,237,294 44,147,861 45,237,294 44,147,861 44,801,483
Consumer          
Allowance for loan losses, Beginning balance 63,813 84,115 118,819 105,279 105,279
Charge-offs (25,334) (24,255) (53,440) (90,024) (112,376)
Recoveries 7,502 7,655 25,704 29,903 33,766
Provisions (credit) 23,350 23,252 (21,752) 45,609 92,150
Allowance for loan losses, Ending balance 69,331 90,767 69,331 90,767 118,819
Allowance for loan losses evaluated for impairment, Individually 0 0 0 0 0
Allowance for loan losses evaluated for impairment, Collectively 69,331 90,767 69,331 90,767 118,819
Allowance for loan losses 69,331 90,767 69,331 90,767 118,819
Loans evaluated for impairment, Individually 0 0 0 0 0
Loans evaluated for impairment, Collectively 7,810,295 7,943,615 7,810,295 7,943,615 8,035,298
Total Loans 7,810,295 7,943,615 7,810,295 7,943,615 8,035,298
Unallocated          
Allowance for loan losses, Beginning balance 455,117 317,922 236,535 271,201 271,201
Charge-offs 0 0 0 0 0
Recoveries 0 0 0 0 0
Provisions (credit) (66,244) (19,194) 152,338 27,527 (34,666)
Allowance for loan losses, Ending balance 388,873 298,728 388,873 298,728 236,535
Allowance for loan losses evaluated for impairment, Individually 0 0 0 0 0
Allowance for loan losses evaluated for impairment, Collectively 388,873 298,728 388,873 298,728 236,535
Allowance for loan losses $ 388,873 $ 298,728 $ 388,873 $ 298,728 $ 236,535