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Condensed Parent Information (Details 1) - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
INCOME    
Interest income $ 27,753,233 $ 20,691,368
EXPENSES    
Interest expense 2,757,142 2,036,536
Income tax benefit (1,640,744) (1,117,593)
Net income 1,509,712 1,832,655
Preferred stock dividend requirements 120,000 120,000
Net income available to common shareholders 1,389,712 1,712,655
Parent [Member]    
INCOME    
Dividends 0 0
Interest income 0 0
Interest and Dividend Income, Operating 0 0
EXPENSES    
Interest expense 40,000 0
Other operating expenses 1,817,000 350,000
Loss before equity in undistributed earnings of subsidiaries and income tax benefit (1,857,000) (350,000)
Equity in undistributed earnings of subsidiaries 2,993,000 2,178,000
Income tax benefit 374,000 5,000
Net income 1,510,000 1,833,000
Preferred stock dividend requirements 120,000 120,000
Net income available to common shareholders $ 1,390,000 $ 1,713,000