|
Allowance for Loan Losses, by class of loan (Details) (USD $)
|
12 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
$ 11,805,986 |
$ 12,736,921 |
$ 15,649,594 |
| Charge-Offs |
(5,104,491) |
(6,227,716) |
(10,454,175) |
| Recoveries |
792,821 |
811,781 |
756,735 |
| Provision |
1,308,000 |
4,485,000 |
6,784,767 |
| Ending Balance |
8,802,316 |
11,805,986 |
12,736,921 |
| Loan balance for reviewing high risk loans minimum |
250,000 |
250,000 |
50,000 |
| Financing receivable transfer from individual impairment review to collective impairment review |
|
4,100,000 |
|
| Impaired loans below the $250,000 review threshold |
3,885,411 |
2,821,199 |
|
| Amount of impaired loans below old individual impairment review level of $50,000 |
|
|
1,026,624 |
| Substandard [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Substandard loans, not classified as impaired |
9,356,253 |
6,664,935 |
|
| Specific allocation associated with Substandard loans |
747,982 |
260,742 |
|
| Commercial [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
1,017,073 |
981,021 |
1,070,560 |
| Charge-Offs |
(624,944) |
(120,690) |
(653,389) |
| Recoveries |
76,002 |
55,829 |
139,802 |
| Provision |
29,430 |
100,913 |
424,048 |
| Ending Balance |
497,561 |
1,017,073 |
981,021 |
| Agricultural [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
293,886 |
296,175 |
297,168 |
| Charge-Offs |
0 |
(34,502) |
(3,028) |
| Recoveries |
2,700 |
6,200 |
0 |
| Provision |
7,586 |
26,013 |
2,035 |
| Ending Balance |
304,172 |
293,886 |
296,175 |
| Commercial Construction [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
1,782,179 |
1,890,200 |
3,122,594 |
| Charge-Offs |
(1,543,099) |
(2,071,162) |
(4,106,124) |
| Recoveries |
485,005 |
253,459 |
209,352 |
| Provision |
498,610 |
1,709,682 |
2,664,378 |
| Ending Balance |
1,222,695 |
1,782,179 |
1,890,200 |
| Residential Construction [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
138,092 |
138,092 |
138,092 |
| Charge-Offs |
0 |
0 |
0 |
| Recoveries |
0 |
0 |
0 |
| Provision |
0 |
0 |
0 |
| Ending Balance |
138,092 |
138,092 |
138,092 |
| Commercial Real Estate [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
4,379,276 |
5,162,839 |
6,448,064 |
| Charge-Offs |
(1,326,825) |
(2,872,408) |
(4,325,642) |
| Recoveries |
90,042 |
297,984 |
232,880 |
| Provision |
522,284 |
1,790,861 |
2,807,537 |
| Ending Balance |
3,664,777 |
4,379,276 |
5,162,839 |
| Residential [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
3,278,269 |
3,405,947 |
3,695,357 |
| Charge-Offs |
(1,033,966) |
(706,242) |
(960,620) |
| Recoveries |
31,127 |
64,583 |
47,690 |
| Provision |
149,897 |
513,981 |
623,520 |
| Ending Balance |
2,425,327 |
3,278,269 |
3,405,947 |
| Farmland [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
311,494 |
290,526 |
364,663 |
| Charge-Offs |
(233,580) |
(20,977) |
(224,725) |
| Recoveries |
20,000 |
21,762 |
4,716 |
| Provision |
5,886 |
20,183 |
145,872 |
| Ending Balance |
103,800 |
311,494 |
290,526 |
| Consumer [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
243,253 |
227,774 |
205,154 |
| Charge-Offs |
(342,077) |
(397,822) |
(169,249) |
| Recoveries |
72,477 |
93,520 |
81,956 |
| Provision |
93,261 |
319,781 |
109,913 |
| Ending Balance |
66,914 |
243,253 |
227,774 |
| Other [Member] |
|
|
|
| Activity in allowance for loan losses, segregated by class of loan [Roll Forward] |
|
|
|
| Beginning Balance |
362,464 |
344,347 |
307,942 |
| Charge-Offs |
0 |
(3,913) |
(11,398) |
| Recoveries |
15,468 |
18,444 |
40,339 |
| Provision |
1,046 |
3,586 |
7,464 |
| Ending Balance |
$ 378,978 |
$ 362,464 |
$ 344,347 |