|
Income Taxes (Details) (USD $)
|
12 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Income Tax Expense [Abstract] |
|
|
|
| Current Federal (Benefit) Expense |
$ 1,335,337 |
$ 156,642 |
$ (6,114) |
| Deferred Federal Expense |
1,932,950 |
2,178,222 |
1,204,439 |
| Federal Income Tax Expense |
3,268,287 |
2,334,864 |
1,198,325 |
| Current State Income Tax Expense |
0 |
0 |
2,526 |
| Federal and State Income Tax Expense |
3,268,287 |
2,334,864 |
1,200,851 |
| Difference between financial statement tax expense and amount computed by applying the federal statutory rates to income before income taxes [Abstract] |
|
|
|
| Statutory Federal Income Taxes |
3,671,971 |
2,367,729 |
1,306,331 |
| Tax-Exempt Interest |
(74,138) |
(104,307) |
(89,983) |
| Premiums on Officers' Life Insurance |
(186,712) |
(111,749) |
(59,603) |
| Meal and Entertainment Disallowance |
14,044 |
15,319 |
14,574 |
| Other |
(156,878) |
167,872 |
27,006 |
| Federal Income Tax Expense |
3,268,287 |
2,334,864 |
1,198,325 |
| Deferred Tax Assets [Abstract] |
|
|
|
| Allowance for Loan Losses |
2,992,787 |
4,014,035 |
|
| Other Real Estate |
1,178,278 |
1,404,812 |
|
| Deferred Compensation |
287,365 |
303,380 |
|
| Investments |
340,000 |
340,000 |
|
| Goodwill |
256,714 |
301,238 |
|
| Net Operating Loss Carryforward |
0 |
730,484 |
|
| Other |
427,924 |
343,919 |
|
| Total Deferred Tax Assets |
5,483,068 |
7,437,868 |
|
| Deferred Tax Liabilities [Abstract] |
|
|
|
| Premises and Equipment |
(1,299,216) |
(1,322,377) |
|
| Other |
(4,185) |
(2,874) |
|
| Total Deferred Tax Liabilities |
(1,303,401) |
(1,325,251) |
|
| Deferred Tax Assets (Liabilities) on Unrealized Securities Gains (Losses) |
2,495,896 |
4,550,362 |
|
| Net Deferred Tax Assets |
6,675,563 |
10,662,979 |
|
| Unrecognized Taxes [Abstract] |
|
|
|
| Balance, Beginning |
42,327 |
38,676 |
33,368 |
| Position Taken During the Current Year |
0 |
7,247 |
11,794 |
| Reductions Resulting from Lapse of Statutes of Limitation |
42,327 |
(3,596) |
(6,486) |
| Balance, Ending |
0 |
42,327 |
38,676 |
| Net increase (decrease) in income tax expense |
$ (42,327) |
$ 3,651 |
|