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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Net income $ 1,225,359 $ 449,104 $ 2,182,167 $ 635,503
Other comprehensive income (loss):        
Net unrealized gain on securities during the period 178,858 224,056 403,265 878,312
Reclassification adjustment for gain on sales of securities included in net income   (213,571) (5,521) (486,534)
Income tax expense relating to items above (67,186) (4,049) (149,452) (154,377)
Net effect on other comprehensive income 111,672 6,436 248,292 237,401
Unrealized gain (loss) on defined benefit pension plan 285,369   285,369 (558,690)
Income tax (expense) benefit relating to item above (108,440)   (108,440) 220,375
Net effect on other comprehensive income 176,929   176,929 (338,315)
Other comprehensive income (loss) 288,601 6,436 425,221 (100,914)
Comprehensive income $ 1,513,960 $ 455,540 $ 2,607,388 $ 534,589