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Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Fair Values Of Financial Instruments [Abstract]

Schedule of estimated fair value and carrying values of financial instruments

		2014								2013								2012
		Carrying				Fair				Carrying				Fair				Carrying				Fair
		Amount				Value				Amount				Value				Amount				Value
Financial assets:
Cash and due from banks		$	7,101,352			$	7,101,352			$	9,214,503			$	9,214,503			$	9,332,087			$	9,332,087
Interest-bearing deposits in other financial institutions			2,154,817				2,154,817				1,636,194				1,636,194				6,627,394				6,627,394
Federal funds sold			4,024,065				4,024,065				102,772				102,772				2,669,101				2,669,101
Investment securities available for sale			87,993,145				87,993,145				74,313,682				74,313,682				100,490,267				100,490,267
Federal Home Loan Bank Stock			1,327,800				1,327,800				1,452,900				1,452,900				1,448,000				1,448,000
Maryland Financial Bank Stock			30,000				30,000				30,000				30,000				30,000				30,000
Ground rents			169,200				169,200				169,200				169,200				175,200				175,200
Loans, less allowance for credit losses			273,986,237				268,536,000				270,684,120				270,684,120				249,631,525				251,419,000
Accrued interest receivable			1,274,137				1,274,137				1,509,238				1,509,238				1,450,321				1,450,321

Financial liabilities:
Deposits			338,877,292				310,239,000				323,803,356				291,046,000				332,288,886				314,680,000
Long-term borrowings			20,000,000				20,951,000				20,000,000				21,032,000				20,000,000				21,899,000
Dividends payable			276,096				276,096				274,737				274,737				-				-
Accrued interest payable			39,823				39,823				28,523				28,523				28,365				28,365
Unrecognized financial instruments:
Commitments to extend credit			21,372,092				21,372,092				23,868,826				23,868,826				26,235,516				26,235,516
Standby letters of credit			57,580				57,580				32,000				32,000				32,000				32,000