|
Investment Securities (Details) (USD $)
|
12 Months Ended |
|
Dec. 31, 2014
Security
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Securities Available for Sale [Abstract] |
|
|
|
| Amortized Cost |
$ 281,935,455 |
$ 277,007,930 |
|
| Gross Unrealized Gains |
183,083 |
133,806 |
|
| Gross Unrealized Losses |
(7,523,952) |
(13,883,846) |
|
| Fair Value |
274,594,586 |
263,257,890 |
|
| Securities Held to Maturity [Abstract] |
|
|
|
| Amortized Cost |
29,796 |
37,062 |
|
| Fair Value |
29,923 |
37,309 |
|
| Available-for-sale Amortized Cost [Abstract] |
|
|
|
| Due in One Year or Less |
715,764 |
|
|
| Due After One Year Through Five Years |
718,836 |
|
|
| Due After Five Years Through Ten Years |
1,158,938 |
|
|
| Due After Ten Years |
922,862 |
|
|
| Total |
3,516,400 |
|
|
| Mortgage-Backed Securities |
278,419,055 |
|
|
| Amortized Cost |
281,935,455 |
|
|
| Available-for-sale Fair Value [Abstract] |
|
|
|
| Due in One Year or Less |
717,138 |
|
|
| Due After One Year Through Five Years |
730,598 |
|
|
| Due After Five Years Through Ten Years |
1,157,251 |
|
|
| Due After Ten Years |
925,930 |
|
|
| Total |
3,530,917 |
|
|
| Mortgage-Backed Securities |
271,063,669 |
|
|
| Fair Value |
274,594,586 |
|
|
| Held-to-maturity Amortized Cost [Abstract] |
|
|
|
| Due in One Year or Less |
29,796 |
|
|
| Due After One Year Through Five Years |
0 |
|
|
| Due After Five Years Through Ten Years |
0 |
|
|
| Due After Ten Years |
0 |
|
|
| Total |
29,796 |
|
|
| Mortgage-Backed Securities |
0 |
|
|
| Amortized Cost |
29,796 |
37,062 |
|
| Held-to-maturity Fair Value [Abstract] |
|
|
|
| Due in One Year or Less |
29,923 |
|
|
| Due After One Year Through Five Years |
0 |
|
|
| Due After Five Years Through Ten Years |
0 |
|
|
| Due After Ten Years |
0 |
|
|
| Total |
29,923 |
|
|
| Mortgage-Backed Securities |
0 |
|
|
| Fair Value |
29,923 |
37,309 |
|
| Proceeds from sale of investment securities available for sale |
13,620,956 |
72,672,795 |
227,690,806 |
| Available-for-sale securities, gross realized gains |
67,601 |
442,124 |
3,084,666 |
| Gross realized gains on held to maturity investment |
1,800 |
|
|
| Available-for-sale securities, gross realized losses |
45,666 |
805,928 |
247,202 |
| Investment securities pledged |
135,531,563 |
112,912,815 |
|
| Continuous unrealized loss position [Abstract] |
|
|
|
| Less Than 12 Months, Fair value |
66,609,319 |
191,710,870 |
|
| Less Than 12 Months, Gross Unrealized Losses |
(396,896) |
(9,524,651) |
|
| 12 Months or Greater, Fair value |
185,025,099 |
63,193,601 |
|
| 12 Months or Greater, Gross Unrealized Losses |
(7,127,056) |
(4,359,195) |
|
| Total, Fair Value |
251,634,418 |
254,904,471 |
|
| Total, Gross Unrealized Losses |
(7,523,952) |
(13,883,846) |
|
| Debt securities with unrealized losses, depreciated (in hundredths) |
2.90% |
|
|
| Number of asset-backed security owned |
1 |
|
|
| Number of issuance of trust preferred security |
1 |
|
|
| Book value of trust preferred security |
0 |
|
|
| Other than temporary impairment written off |
|
366,623 |
59,568 |
| US Government Agencies Mortgage-Backed [Member] |
|
|
|
| Securities Available for Sale [Abstract] |
|
|
|
| Amortized Cost |
278,419,055 |
273,029,073 |
|
| Gross Unrealized Gains |
155,902 |
118,843 |
|
| Gross Unrealized Losses |
(7,511,288) |
(13,799,858) |
|
| Fair Value |
271,063,669 |
259,348,058 |
|
| Continuous unrealized loss position [Abstract] |
|
|
|
| Less Than 12 Months, Fair value |
66,609,319 |
190,063,827 |
|
| Less Than 12 Months, Gross Unrealized Losses |
(396,896) |
(9,440,663) |
|
| 12 Months or Greater, Fair value |
183,645,552 |
63,193,601 |
|
| 12 Months or Greater, Gross Unrealized Losses |
(7,114,392) |
(4,359,195) |
|
| Total, Fair Value |
250,254,871 |
253,257,428 |
|
| Total, Gross Unrealized Losses |
(7,511,288) |
(13,799,858) |
|
| State, County and Municipal [Member] |
|
|
|
| Securities Available for Sale [Abstract] |
|
|
|
| Amortized Cost |
3,516,400 |
3,978,857 |
|
| Gross Unrealized Gains |
27,181 |
14,963 |
|
| Gross Unrealized Losses |
(12,664) |
(83,988) |
|
| Fair Value |
3,530,917 |
3,909,832 |
|
| Securities Held to Maturity [Abstract] |
|
|
|
| Amortized Cost |
29,796 |
37,062 |
|
| Gross Unrealized Gains |
127 |
247 |
|
| Gross Unrealized Losses |
0 |
0 |
|
| Fair Value |
29,923 |
37,309 |
|
| Held-to-maturity Amortized Cost [Abstract] |
|
|
|
| Amortized Cost |
29,796 |
37,062 |
|
| Held-to-maturity Fair Value [Abstract] |
|
|
|
| Fair Value |
29,923 |
37,309 |
|
| Continuous unrealized loss position [Abstract] |
|
|
|
| Less Than 12 Months, Fair value |
0 |
1,647,043 |
|
| Less Than 12 Months, Gross Unrealized Losses |
0 |
(83,988) |
|
| 12 Months or Greater, Fair value |
1,379,547 |
0 |
|
| 12 Months or Greater, Gross Unrealized Losses |
(12,664) |
0 |
|
| Total, Fair Value |
1,379,547 |
1,647,043 |
|
| Total, Gross Unrealized Losses |
$ (12,664) |
$ (83,988) |
|