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Consolidated Statements Of Income - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Interest income:    
Interest and fees on loans $ 21,907,865 $ 22,848,600
Interest on loans held for sale 350,833 246,212
Interest and dividends on securities 913,511 970,377
Interest on deposits in banks and federal funds sold 37,297 49,811
Total Interest Income 23,209,506 24,115,000
Interest expense:    
Interest on deposits 1,761,899 1,231,643
Interest on fed funds purchased 604  
Interest on short-term borrowings 72,380 25,556
Total Interest Expense 1,834,883 1,257,199
Net Interest Income 21,374,623 22,857,801
Provision for loan losses 1,142,522 801,688
Net interest income after provision for loan losses 20,232,101 22,056,113
Noninterest income:    
Electronic banking fees 2,402,589 2,637,079
Mortgage-banking fees and gains 1,708,779 950,299
Net gain on sale of real estate acquired through foreclosure 45,285 58,046
Service charges on deposit accounts 313,697 393,128
Bargain purchase gain   524,432
Gain on securities sold 289,912  
Other income 658,992 3,201,243
Total noninterest income 5,373,969 7,706,181
Noninterest Expenses:    
Salary and employee benefits 11,666,515 13,347,292
Occupancy expenses 3,559,576 4,110,791
Legal, accounting and other professional fees 1,361,907 1,416,505
Data processing and items processing services 1,372,688 1,197,231
FDIC insurance costs 403,502 383,031
Advertising and marketing related expenses 377,906 382,465
Foreclosed property expenses 463,949 632,943
Loan collection costs 343,521 332,843
Core deposit intangible amortization 854,098 992,960
Merger related expenses 22,097 1,028,239
Other expenses 2,114,881 3,632,071
Total Noninterest Expenses 22,540,640 27,456,371
Income before income taxes 3,065,430 2,305,923
Income tax (benefit) expense 1,134,665 (726,785)
Net income $ 1,930,765 $ 3,032,708
Basic net income per share $ 0.17 $ 0.29
Diluted net income per common share $ 0.17 $ 0.29