Loans And Allowance For Loan Losses (Tables)

12 Months Ended

Dec. 31, 2015

Loans And Allowance For Loan Losses [Abstract]

Major Classifications Of Loans

	December 31,
	2015		2014
Commercial & Industrial	$	46,464,340	$	33,454,280
Commercial Real Estate		168,569,159		158,714,554
Residential Real Estate		124,810,853		140,374,035
Home Equity Line of Credit		33,722,696		35,717,982
Land		5,229,645		5,856,875
Construction		13,277,353		18,052,287
Consumer & Other		1,166,521		881,179
Total Loans		393,240,567		393,051,192
Less: Allowance for Loan Losses		(1,773,009)		(1,294,976)
Net Loans	$	391,467,558	$	391,756,216

Activity In The Allowance for Credit Losses By Portfolio Segment

	Commercial		Commercial		Residential		Home Equity						Consumer
	& Industrial		Real Estate		Real Estate		Line of Credit		Land		Construction		& Other		Total
Allowance for loan losses:
Beginning balance	$	200,510	$	554,585	$	203,413	$	166,733	$	8,687	$	153,089	$	7,959	$	1,294,976
Charge-offs		(80,869)		(45,573)		(454,356)		(64,918)		—		(76,347)		(2,495)		(724,558)
Recoveries(1)		—		—		46,569		13,000		—		—		500		60,069
Provision		91,157		218,857		797,458		42,228		7,026		(13,775)		(429)		1,142,522
Ending balance	$	210,798	$	727,869	$	593,084	$	157,043	$	15,713	$	62,967	$	5,535	$	1,773,009

	Commercial		Commercial		Residential		Home Equity						Consumer
	& Industrial		Real Estate		Real Estate		Line of Credit		Land		Construction		& Other		Total
Allowance for loan losses:
Beginning balance	$	167,400	$	324,080	$	80,239	$	129,203	$	6,918	$	135,416	$	7,744	$	851,000
Charge-offs		—		(300,214)		(274,382)		(79,492)		—		—		(934)		(655,022)
Recoveries(1)		30,000		137,072		109,827		9,844		—		—		10,567		297,310
Provision		3,110		393,647		287,729		107,178		1,769		17,673		(9,418)		801,688
Ending balance	$	200,510	$	554,585	$	203,413	$	166,733	$	8,687	$	153,089	$	7,959	$	1,294,976

Loans And The Related Allowance For Credit Losses

	Commercial		Commercial		Residential		Home Equity						Consumer
	& Industrial		Real Estate		Real Estate		Line of Credit		Land		Construction		& Other		Total
Allowance for loan losses:
Ending balance: individually evaluated for impairment	$	—	$	—	$	60,000	$	—	$	—	$	—	$	—	$	60,000
Ending balance: collectively evaluated for impairment		210,798		727,869		533,084		157,043		15,713		62,967		5,535		1,713,009
Totals	$	210,798	$	727,869	$	593,084	$	157,043	$	15,713	$	62,967	$	5,535	$	1,773,009
Loans:
Ending balance: individually evaluated for impairment	$	813,678	$	612,315	$	3,839,857	$	73,341	$	—	$	73,300	$	5,798	$	5,418,289
Ending balance: collectively evaluated for impairment		44,204,047		152,632,809		111,786,914		32,931,643		3,295,080		13,204,053		1,160,723		359,215,269
Ending balance: loans acquired with deteriorated credit quality(2)		1,446,616		15,324,034		9,184,082		717,712		1,934,565		—		—		28,607,009
Totals	$	46,464,341	$	168,569,158	$	124,810,853	$	33,722,696	$	5,229,645	$	13,277,353	$	1,166,521	$	393,240,567

	Commercial		Commercial		Residential		Home Equity						Consumer
	& Industrial		Real Estate		Real Estate		Line of Credit		Land		Construction		& Other		Total
Allowance for loan losses:
Ending balance: individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Ending balance: collectively evaluated for impairment		200,510		554,585		203,413		166,733		8,687		153,089		7,959		1,294,976
Totals	$	200,510	$	554,585	$	203,413	$	166,733	$	8,687	$	153,089	$	7,959	$	1,294,976
Loans:
Ending balance: individually evaluated for impairment	$	957,080	$	828,264	$	4,314,191	$	320,329	$	—	$	—	$	—	$	6,419,864
Ending balance: collectively evaluated for impairment		30,474,533		137,781,830		124,042,412		34,686,415		2,448,388		17,380,581		881,179		347,695,338
Ending balance: loans acquired with deteriorated credit quality(2)		2,022,667		20,104,460		12,017,432		711,238		3,408,487		671,706		—		38,935,990
Totals	$	33,454,280	$	158,714,554	$	140,374,035	$	35,717,982	$	5,856,875	$	18,052,287	$	881,179	$	393,051,192

Impaired Loans

The following table presents information with respect to impaired loans, which includes loans acquired with deteriorated credit quality that have current period charge-offs, as of December 31, 2015:

							For the Year Ended
	As of December 31, 2015						December 31, 2015
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized(1)
With no related allowance recorded:
Commercial & Industrial	$	813,678	$	980,154	$	—	$	995,042	$	59,275
Commercial Real Estate - Investor		612,315		612,315		—		641,498		2,232
Commercial Real Estate - Owner Occupied		—		—		—		—		—
Residential Real Estate - Investor		1,524,751		1,773,567		—		1,998,815		130,426
Residential Real Estate - Owner Occupied		2,218,453		2,444,350		—		2,650,649		228,761
Home Equity Line of Credit		73,341		103,896		—		108,138		2,248
Land		—		—		—		—		—
Construction		73,300		73,242		—		77,194		(31)
Consumer & Other		5,798		189,204		—		104,118		—
With an allowance recorded:
Commercial & Industrial		—		—		—		—		—
Commercial Real Estate - Investor		—		—		—		—		—
Commercial Real Estate - Owner Occupied		—		—		—		—		—
Residential Real Estate - Investor		125,453		130,408		60,000		134,541		5,132
Residential Real Estate - Owner Occupied		—		—		—		—		—
Home Equity Line of Credit		—		—		—		—		—
Land		—		—		—		—		—
Construction		—		—		—		—		—
Consumer & Other		—		—		—		—		—
Total:		5,447,089		6,307,136		60,000		6,709,995		428,043
Commercial & Industrial	$	813,678	$	980,154	$	—	$	995,042	$	59,275
Commercial Real Estate		612,315		612,315		—		641,498		2,232
Residential Real Estate		3,868,657		4,348,325		60,000		4,784,005		364,319
Home Equity Line of Credit		73,341		103,896		—		108,138		2,248
Land		—		—		—		—		—
Construction		73,300		73,242		—		77,194		(31)
Consumer & Other		5,798		189,204		—		104,118		—
	$	5,447,089	$	6,307,136	$	60,000	$	6,709,995	$	428,043

(1) Consists primarily of accretion income on loans acquired with deteriorated credit quality that were reclassified as troubled debt restructurings subsequent to acquisition.

The following table presents information with respect to impaired loans, which includes loans acquired with deteriorated credit quality that have current period charge-offs, as of December 31, 2014:

							Forthe Year Ended
	December 31, 2014						December 31, 2014
			Unpaid		Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized(1)
With no related allowance recorded:
Commercial & Industrial	$	957,080	$	1,155,553	$	—	$	1,136,545	$	92,978
Commercial Real Estate - Investor		662,280		668,287		—		731,634		2,371
Commercial Real Estate - Owner Occupied		165,984		165,984		—		170,360		—
Residential Real Estate - Investor		1,168,103		1,959,337		—		1,728,843		6,508
Residential Real Estate - Owner Occupied		3,250,548		3,853,959		—		3,752,953		201,428
Home Equity Line of Credit		320,329		404,347		—		368,477		—
Land		—		—		—		—		—
Construction		—		—		—		—		—
Consumer & Other		—		19,034		—		10,245		615
With an allowance recorded:
Commercial & Industrial		—		—		—		—		—
Commercial Real Estate - Investor		—		—		—		—		—
Commercial Real Estate - Owner Occupied		—		—		—		—		—
Residential Real Estate - Investor		—		—		—		—		—
Residential Real Estate - Owner Occupied		—		—		—		—		—
Home Equity Line of Credit		—		—		—		—		—
Land		—		—		—		—		—
Construction		—		—		—		—		—
Consumer & Other		—		—		—		—		—
Total:		6,524,324		8,226,501		—		7,899,057		303,900
Commercial & Industrial	$	957,080	$	1,155,553	$	—	$	1,136,545	$	92,978
Commercial Real Estate		828,264		834,271		—		901,994		2,371
Residential Real Estate		4,418,651		5,813,296		—		5,481,796		207,936
Home Equity Line of Credit		320,329		404,347		—		368,477		—
Land		—		—		—		—		—
Construction		—		—		—		—		—
Consumer & Other		—		19,034		—		10,245		615
	$	6,524,324	$	8,226,501	$	—	$	7,899,057	$	303,900

(1) Consists primarily of accretion income on loans acquired with deteriorated credit quality that were reclassified as troubled debt restructurings subsequent to acquisition.

Credit Quality Indicators By Class Of The Loan Portfolio

The following table provides information with respect to the Company's credit quality indicators by class of the loan portfolio as of December 31, 2015:

	Risk Rating
	Pass		Special Mention		Substandard		Doubtful		Total
Commercial & Industrial	$	43,506,060	$	943,675	$	2,014,605	$	—	$	46,464,340
Commercial Real Estate - Investor		107,594,899		3,428,403		847,949		—		111,871,251
Commercial Real Estate - Owner Occupied		52,366,555		3,486,013		845,340		—		56,697,908
Residential Real Estate - Investor		30,782,962		1,615,816		7,011,451		—		39,410,229
Residential Real Estate - Owner Occupied		82,557,939		—		2,842,685		—		85,400,624
Home Equity Line of Credit		33,339,596		—		383,100		—		33,722,696
Land		3,460,808		—		1,768,837		—		5,229,645
Construction		13,204,053		—		73,300		—		13,277,353
Consumer & Other		1,160,723		—		5,798		—		1,166,521
Total	$	367,973,595	$	9,473,907	$	15,793,065	$	—	$	393,240,567

The following table provides information with respect to the Company's credit quality indicators by class of the loan portfolio as of December 31, 2014:

	Risk Rating
	Pass		Special Mention		Substandard		Doubtful		Total
Commercial & Industrial	$	30,150,745	$	1,530,547	$	1,772,988	$	—	$	33,454,280
Commercial Real Estate - Investor		93,113,185		5,837,107		2,997,304		—		101,947,596
Commercial Real Estate - Owner Occupied		42,898,246		6,864,098		7,004,614		—		56,766,958
Residential Real Estate - Investor		39,109,937		2,804,857		8,793,359		—		50,708,153
Residential Real Estate - Owner Occupied		84,796,122		—		4,869,760		—		89,665,882
Home Equity Line of Credit		35,088,028		—		629,954		—		35,717,982
Land		3,850,748		—		2,006,127		—		5,856,875
Construction		17,848,675		81,234		122,378		—		18,052,287
Consumer & Other		881,179		—		—		—		881,179
Total	$	347,736,865	$	17,117,843	$	28,196,484	$	—	$	393,051,192

Classes Of The Loan Portfolio Summarized By Aging Categories Of Performing Loans And Nonaccrual Loans

The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of December 31, 2015.  PCI loans are excluded from this aging and nonaccrual loans schedule.

	Accrual Loans
	30-59		60-89		90 or More
	Days		Days		Days		Total				Nonaccrual		Total
	Past Due		Past Due		Past Due		Past Due		Current		Loans		Loans
Commercial & Industrial	$	—	$	—	$	—	$	—	$	44,530,267	$	487,457	$	45,017,724
Commercial Real Estate - Investor		—		—		—		—		101,282,012		561,460		101,843,472
Commercial Real Estate - Owner Occupied		—		—		—		—		51,401,653		—		51,401,653
Residential Real Estate - Investor		—		—		—		—		30,176,907		1,574,473		31,751,380
Residential Real Estate - Owner Occupied		923,060		59,656		—		982,716		80,874,127		2,018,548		83,875,391
Home Equity Line of Credit		308,058		—		—		308,058		32,623,585		73,341		33,004,984
Land		—		—		—		—		3,295,080		—		3,295,080
Construction		—		—		—		—		13,204,053		73,300		13,277,353
Consumer & Other		—		480		—		480		1,160,243		5,798		1,166,521
Total	$	1,231,118	$	60,136	$	—	$	1,291,254	$	358,547,927	$	4,794,377	$	364,633,558
Purchased credit impaired loans														28,607,009
Total Loans													$	393,240,567

The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of December 31, 2014.  PCI loans are excluded from this aging and nonaccrual loans schedule.

	Accrual Loans
	30-59		60-89		90 or More
	Days		Days		Days		Total				Nonaccrual		Total
	Past Due		Past Due		Past Due		Past Due		Current		Loans		Loans
Commercial & Industrial	$	—	$	—	$	—	$	—	$	31,093,412	$	338,202	$	31,431,614
Commercial Real Estate - Investor		159,786		—		—		159,786		88,920,589		608,084		89,688,458
Commercial Real Estate - Owner Occupied		—		—		—		—		48,755,651		165,984		48,921,635
Residential Real Estate - Investor		312,422		—		—		312,422		39,508,855		1,063,643		40,884,920
Residential Real Estate - Owner Occupied		924,608		550,604		—		1,475,213		83,255,356		2,741,114		87,471,683
Home Equity Line of Credit		456,248		24,199		—		480,446		34,205,969		320,329		35,006,745
Land		—		—		—		—		2,448,388		—		2,448,388
Construction		—		—		—		—		17,380,581		—		17,380,581
Consumer & Other		—		500		—		500		880,679		—		881,179
Total	$	1,853,063	$	575,303	$	—	$	2,428,367	$	346,449,479	$	5,237,356	$	354,115,202
Purchased credit impaired loans														38,935,990
Total Loans													$	393,051,192

Troubled Debt Restructurings

The following table presents a breakdown of loans the Company modified during the years ended December 31, 2015 and 2014:

	Year Ended December 31, 2015					Year Ended December 31, 2014
		Pre-Modification		Post-Modification			Pre-Modification		Post-Modification
		Outstanding		Outstanding			Outstanding		Outstanding
	Number of	Recorded		Recorded		Number of	Recorded		Recorded
	Contracts	Investment		Investment		Contracts	Investment		Investment
Troubled Debt Restructurings:
Commercial & Industrial	3	$	101,772	$	101,772	1	$	85,397	$	85,397
Commercial Real Estate – Investor	—		—		—	—		—		—
Commercial Real Estate – Owner Occupied	—		—		—	—		—		—
Residential Real Estate - Investor	10		370,210		370,210	—		—		—
Residential Real Estate - Owner Occupied	1		122,097		122,097	2		612,118		612,118
Home Equity Line of Credit	1		129,033		129,033	—		—		—
Land	—		—		—	—		—		—
Construction	—		—		—	—		—		—
Consumer & Other	—		—		—	—		—		—
Totals	15	$	723,112	$	723,112	3	$	697,515	$	697,515