CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 8,137,129	$ 7,591,685
Interest bearing deposits with banks and federal funds sold	33,529,073	32,435,771
Total Cash and Cash Equivalents	41,666,202	40,027,456
Investment securities available for sale, at fair value	62,462,091	60,232,727
Investment securities held to maturity, at amortized cost	1,116,070	1,158,238
Restricted equity securities, at cost	2,364,795	1,823,195
Loans held for sale	2,893,943	1,613,497
Loans, net of deferred fees and costs	509,595,599	487,103,713
Less: Allowance for loan losses	(3,608,484)	(2,823,153)
Loans, net	505,987,115	484,280,560
Real estate acquired through foreclosure	1,147,546	1,224,939
Premises and equipment, net	3,717,494	3,882,343
Bank owned life insurance	15,963,231	15,729,302
Core deposit intangibles	2,596,967	3,030,309
Deferred tax assets, net	2,715,618	2,984,718
Accrued interest receivable	1,870,876	1,884,945
Accrued taxes receivable	259,386	1,153,102
Prepaid expenses	842,871	1,001,723
Other assets	335,363	276,540
Total Assets	645,939,568	620,303,594
LIABILITIES
Noninterest-bearing deposits	120,486,976	111,378,694
Interest-bearing deposits	415,434,706	415,079,700
Total Deposits	535,921,682	526,458,394
Short-term borrowings	35,000,000	20,000,000
Defined benefit pension liability	670,712	994,156
Accrued expenses and other liabilities	5,082,542	6,923,818
Total Liabilities	576,674,936	554,376,368
STOCKHOLDERS' EQUITY
Common stock - par $1.00 per shares, authorized 20,000,000 shares, issued and outstanding 10,709,597 and 10,626,290 shares at June 30, 2017 and December 31, 2016, respectively.	10,642,372	10,456,098
Additional paid-in capital	41,557,518	40,814,285
Retained earnings	16,609,138	14,426,969
Accumulated other comprehensive income	455,604	30,383
Total controlling interest	69,264,632	65,727,735
Non-controlling interest		199,491
Total Stockholders' Equity	69,264,632	65,927,226
Total Liabilities and Stockholders' Equity	$ 645,939,568	$ 620,303,594