5. Bank Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Major classes of bank premises and equipment

	2015			2014
Buildings and improvements	$	11,176,189		$	10,927,643
Land and land improvements		2,377,703			2,408,921
Furniture and equipment		8,752,908			8,443,668
Leasehold improvements		1,048,409			1,319,591
Capital lease		976,907			976,907
Other prepaid assets		514,476			54,261
		24,846,592			24,130,991
Less accumulated depreciation and amortization		(13,386,385	)		(12,642,043	)
	$	11,460,207		$	11,488,948

Minimum future rental payments

2016	$	183,396
2017		130,493
2018		132,612
2019		104,326
2020		76,351
	$	627,178

Future Minimum Lease Payments for Capital Leases

2016	$	129,755
2017		133,255
2018		138,155
2019		138,155
2020		107,155
Subsequent to 2020		37,190
Total minimum lease payments		683,665
Less amount representing interest		(125,300	)
Present value of net minimum lease payments	$	558,365