Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash Flows from Operating Activities:
Net income	$ 7,583,992	$ 6,453,146
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, bank premises and equipment	677,086	689,813
Provision for loan losses	1,046,501	766,668
Deferred income tax	(128,103)	56,925
Net realized gain on sale of securities AFS	(39,086)	(331)
Gain on sale of loans	(766,440)	(158,201)
(Gain) loss on sale of OREO	(55,602)	817
Income from CFS Partners	(462,964)	(482,185)
Amortization of bond premium, net	55,568	81,354
Write-down of OREO	0	95,008
Proceeds from sales of loans held for sale	31,538,375	6,169,639
Originations of loans held for sale	(32,015,674)	(7,333,776)
Decrease in taxes payable	(145,105)	(96,632)
(Increase) decrease in interest receivable	(873,638)	138,942
(Increase) decrease in mortgage servicing rights	(31,463)	83,833
Decrease in right-of-use assets	182,475	176,361
Decrease in operating lease liabilities	(180,657)	(169,761)
(Increase) decrease in other assets	(54,430)	279,923
Increase in cash surrender value of BOLI	(62,508)	(66,714)
Amortization of limited partnerships	252,513	234,081
Change in net deferred loan fees and costs	2,615,453	3,224
(Decrease) increase in interest payable	(34,364)	33,148
(Decrease) increase in accrued expenses	(53,918)	158,337
Decrease in other liabilities	(103,646)	(89,035)
Net cash provided by operating activities	8,944,365	7,024,584
Investments - AFS
Maturities, calls, pay downs and sales	14,407,740	12,124,796
Purchases	(12,745,042)	(14,199,656)
Proceeds from redemption of restricted equity securities	522,400	493,600
Purchases of restricted equity securities	(503,400)	(124,000)
Decrease in limited partnership contributions payable	(288,000)	0
Increase in loans, net	(131,508,927)	26,271,976
Capital expenditures net of proceeds from sales of bank premises and equipment	(240,919)	(590,468)
Proceeds from sales of OREO	1,022,340	105,561
Recoveries of loans charged off	65,208	56,190
Net cash used in investing activities	(129,268,600)	(28,405,953)
Cash Flows from Financing Activities:
Net increase (decrease) in demand and interest-bearing transaction accounts	91,052,024	(4,582,231)
Net increase in money market and savings accounts	37,393,558	16,158,069
Net decrease in time deposits	(447,896)	(14,005,155)
Net (decrease) increase in repurchase agreements	(2,592,200)	5,248,366
Proceeds from long-term borrowings	150,000	0
Decrease in finance lease obligations	(45,814)	(92,614)
Redemption of preferred stock	0	(500,000)
Payments of dividends paid on preferred stock and preference stock	(42,188)	(68,750)
Payments of dividends common stock	(2,204,435)	(2,112,571)
Net cash provided by financing activities	123,263,049	45,114
Net increase (decrease) in cash and cash equivalents	2,938,814	(21,336,255)
Cash and cash equivalents:
Beginning	48,562,212	67,934,815
Ending	51,501,026	46,598,560
Supplemental Schedule of Cash Paid During the Period:
Interest	3,768,447	4,561,379
Income taxes, net of refunds	1,578,293	1,110,000
Supplemental Schedule of Noncash Investing and Financing Activities:
Change in unrealized gain on securities AFS	900,400	1,218,627
Loans transferred to OREO	0	73,448
Common Shares Dividends Paid:
Dividends declared	2,997,403	2,958,831
Increase in dividends payable attributable to dividends declared	(13,058)	(16,963)
Dividends reinvested	(779,910)	(829,297)
Total common shares dividend paid	$ 2,204,435	$ 2,112,571