Bank of South Carolina (BKSC) 10-Q 7 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 07, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Bank of South Carolina Corporation	'
Entity Central Index Key	'0001007273	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	4,461,388
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2014	'

CONSOLIDATED_BALANCE_SHEETS_Un

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Assets:	'	'
Cash and due from banks	$9,758,532	$6,043,375
Interest bearing deposits in other banks	22,271,912	16,080,721
Investment securities available for sale	106,727,989	94,648,221
Mortgage loans to be sold	6,630,450	4,739,343
Loans	229,673,109	218,320,304
Less: Allowance for loan losses	-3,385,676	-3,292,277
Net loans	226,287,433	215,028,027
Premises and equipment, net	2,400,416	2,454,861
Other real estate owned	521,943	'
Accrued interest receivable	1,107,823	1,182,272
Other assets	899,380	716,883
Total assets	376,605,878	340,893,703
Deposits:	'	'
Non-interest bearing demand	109,354,662	90,574,330
Interest bearing demand	76,901,044	78,576,851
Money market accounts	52,443,674	47,190,365
Certificates of deposit $100,000 and over	49,837,083	52,516,487
Other time deposits	16,152,991	15,730,187
Other savings deposits	24,585,981	20,654,435
Total deposits	329,275,435	305,242,655
Short-term borrowings	9,680,244	'
Accrued interest payable and other liabilities	1,717,174	911,905
Total liabilities	340,672,853	306,154,560
Shareholders' equity	'	'
Common Stock - No par value; 12,000,000 shares authorized; Shares issued 4,680,839 at September 30, 2014 and 4,678,339 at December 31, 2013; Shares outstanding 4,461,388 at September 30, 2014 and 4,458,888 shares at December 31, 2013	'	'
Additional paid in capital	28,759,909	28,678,150
Retained earnings	8,028,890	7,007,532
Treasury stock: 219,451 shares at September 30, 2014 and December 31, 2013	-1,902,439	-1,902,439
Accumulated other comprehensive income, net of income taxes	1,046,665	955,900
Total shareholders' equity	35,933,025	34,739,143
Total liabilities and shareholders' equity	$376,605,878	$340,893,703

CONSOLIDATED_BALANCE_SHEETS_Un1

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical)	Sep. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
Common Stock, shares authorized	12,000,000	12,000,000
Common Stock, shares issued	4,680,839	4,678,339
Common Stock, shares outstanding	4,461,388	4,458,888
Treasury stock, shares	219,451	219,451

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Interest and fee income	'	'	'	'
Interest and fees on loans	$2,868,904	$2,814,665	$8,392,884	$8,408,512
Interest and dividends on investment securities	536,034	384,517	1,516,239	1,063,391
Other interest income	14,927	14,686	33,483	59,299
Total interest and fee income	3,419,865	3,213,868	9,942,606	9,531,202
Interest expense	'	'	'	'
Interest on deposits	104,009	102,850	308,655	308,445
Interest on short-term borrowings	244	'	244	'
Total interest expense	104,253	102,850	308,899	308,445
Net interest income	3,315,612	3,111,018	9,633,707	9,222,757
Provision for loan losses	12,500	25,000	62,500	195,000
Net interest income after provision for loan losses	3,303,112	3,086,018	9,571,207	9,027,757
Other income	'	'	'	'
Service charges, fees and commissions	223,369	238,921	679,806	705,759
Mortgage banking income	383,304	375,981	913,646	1,252,419
Other non-interest income	8,330	9,545	20,384	21,846
Gain on sale of other real estate owned	2,382	'	2,382	'
Gain on sale of securities	'	'	223,735	'
Total other income	617,385	624,447	1,839,953	1,980,024
Other expense	'	'	'	'
Salaries and employee benefits	1,349,779	1,294,415	4,008,738	3,862,441
Net occupancy expense	369,201	361,427	1,101,929	1,029,838
Other operating expenses	522,998	506,396	1,624,749	1,598,394
Total other expense	2,241,978	2,162,238	6,735,416	6,490,673
Income before income tax expense	1,678,519	1,548,227	4,675,744	4,517,108
Income tax expense	536,806	484,050	1,468,306	1,410,052
Net income	$1,141,713	$1,064,177	$3,207,438	$3,107,056
Basic earnings per common share	$0.26	$0.24	$0.72	$0.70
Diluted earnings per common share	$0.25	$0.24	$0.70	$0.70
Weighted average shares outstanding	'	'	'	'
Basic	4,461,388	4,454,669	4,461,388	4,450,997
Diluted	4,577,462	4,454,669	4,576,893	4,450,997
Cash Dividend Per Share	$0.23	$0.13	$0.49	$0.37

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$1,141,713	$1,064,177	$3,207,438	$3,107,056
Other comprehensive income (loss)	'	'	'	'
Unrealized gain (loss) on securities (net of tax $47,757, $307,521, $53,306 and $646,808 respectively)	-81,316	-523,617	231,718	-1,101,322
Reclassification adjustment for gains included in income (net of tax $82,782)	'	'	-140,953	'
Other comprehensive income (loss), net of tax	-81,316	-523,617	90,765	-1,101,322
Total comprehensive income	$1,060,397	$540,560	$3,298,203	$2,005,734

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Tax on unrealized (loss) gain on securities	$47,757	$307,521	$53,306	$646,808
Tax on reclassification adjustment for gains included in income	'	'	$82,782	'

CONSOLIDATED_STATEMENTS_OF_SHA

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (USD $)	ADDITIONAL PAID IN CAPITAL [Member]	RETAINED EARNINGS [Member]	TREASURY STOCK [Member]	ACCUMULATED OTHER COMPREHENSIVE INCOME [Member]	Total
Balance, beginning at Dec. 31, 2012	$28,474,951	$5,157,839	($1,902,439)	$2,200,091	$33,930,442
Net income	'	3,107,056	'	'	3,107,056
Other comprehensive income (loss)	'	'	'	-1,101,322	-1,101,322
Exercise of stock options	88,298	'	'	'	88,298
Stock-based compensation expense	55,837	'	'	'	55,837
Cash dividends	'	-1,647,576	'	'	-1,647,576
Balance, ending at Sep. 30, 2013	28,619,086	6,617,319	-1,902,439	1,098,769	34,432,735
Balance, beginning at Dec. 31, 2013	28,678,150	7,007,532	-1,902,439	955,900	34,739,143
Net income	'	3,207,438	'	'	3,207,438
Other comprehensive income (loss)	'	'	'	90,765	90,765
Exercise of stock options	26,050	'	'	'	26,050
Stock-based compensation expense	55,709	'	'	'	55,709
Cash dividends	'	-2,186,080	'	'	-2,186,080
Balance, ending at Sep. 30, 2014	$28,759,909	$8,028,890	($1,902,439)	$1,046,665	$35,933,025

CONSOLIDATED_STATEMENTS_OF_SHA1

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Stockholders' Equity [Abstract]	'	'	'	'
Cash Dividend Per Share	$0.23	$0.13	$0.49	$0.37

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net income	$3,207,438	$3,107,056
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	152,869	143,104
Gain on sale of securities	-223,735	'
Gain on sale of other real estate owned	-2,382	'
Provision for loan losses	62,500	195,000
Stock-based compensation expense	55,709	55,837
Net amortization of unearned discounts on investments	256,679	366,147
Origination of mortgage loans held for sale	-50,265,314	-67,188,868
Proceeds from sale of mortgage loans held for sale	48,374,207	79,808,767
Increase in accrued interest receivable and other assets	-161,354	-147,361
Increase in accrued interest payable and other liabilities	358,805	270,893
Net cash provided by operating activities	1,815,422	16,610,575
Cash flows from investing activities:	'	'
Proceeds from maturities of investment securities available for sale	1,920,000	2,325,000
Proceeds from sale of available for sale securities	19,529,603	'
Proceeds from sale of other real estate owned	37,855	'
Purchase of investment securities available for sale	-33,418,244	-16,715,236
Net increase in loans	-11,879,322	-7,723,655
Purchase of premises, equipment and leasehold improvements, net	-98,424	-110,750
Net cash used by investing activities	-23,908,532	-22,224,641
Cash flows from financing activities:	'	'
Net increase in deposit accounts	24,032,780	7,426,754
Net increase in short term borrowings	9,680,244	'
Dividends paid	-1,739,616	-1,068,292
Stock options exercised	26,050	88,298
Net cash provided by financing activities	31,999,458	6,446,760
Net increase in cash and cash equivalents	9,906,348	832,694
Cash and cash equivalents, beginning of period	22,124,096	31,041,848
Cash and cash equivalents, end of period	32,030,444	31,874,542
Cash paid during the period for:	'	'
Interest	329,710	305,143
Income taxes	1,232,000	1,407,000
Supplemental disclosure for non-cash investing and financing activity:	'	'
Change in dividends payable	446,464	579,284
Change in other comprehensive icome (loss)	90,765	-1,101,322
Transfer of loans to other real estate owned	$557,416	'

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	NOTE 1: Basis of Presentation
	The Bank of South Carolina (the “Bank”) was organized on October 22, 1986 and opened for business as a state-chartered financial institution on February 26, 1987, in Charleston, South Carolina. The Bank was reorganized into a wholly-owned subsidiary of Bank of South Carolina Corporation (the “Company”), effective April 17, 1995. At the time of the reorganization, each outstanding share of the Bank was exchanged for two shares of Bank of South Carolina Corporation Stock.
	The Bank operates as an independent, community oriented, commercial bank providing a broad range of financial services and products. We have four banking house locations: 256 Meeting Street, Charleston, SC, 100 North Main Street, Summerville, SC, 1337 Chuck Dawley Boulevard, Mt. Pleasant, SC and 2027 Sam Rittenberg Boulevard, Charleston, SC. We intend to open a banking office in North Charleston, SC on Highway 78 and Ingleside Boulevard in late 2015, or early 2016.
	References to “we,” “us,” “our,” “the Bank,” or “the Company” refer to the parent and its subsidiary, that are consolidated for financial purposes.
	The consolidated financial statements in this report are unaudited, except for the December 31, 2013 consolidated balance sheet. All adjustments consisting of normal recurring accruals which are, in the opinion of management, necessary for fair presentation of the interim consolidated financial statements have been included and fairly and accurately present the financial position, results of operations and cash flows of the Company. The results of operations for the three and nine months ended September 30, 2014, are not necessarily indicative of the results which may be expected for the entire year.
	The preparation of the consolidated financial statements are in conformity with accounting principles generally accepted in the United States of America (“GAAP”) which requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from these estimates and assumptions. Material estimates generally susceptible to significant change are related to the determination of the allowance for loan losses, impaired loans, other real estate owned, asset prepayment rates and other-than-temporary impairment of investment securities.
	In preparing these financial statements, we evaluated events and transactions for potential recognition or disclosure through the date the financial statements were available to be issued.

Investment_Securities

Investment Securities	9 Months Ended
	Sep. 30, 2014
Schedule of Investments [Abstract]	'
Investment Securities	'
	NOTE 2: Investment Securities
	We classify investments into three categories as follows: (1) Held to Maturity - debt securities that we have the positive intent and ability to hold to maturity, which are reported at amortized cost, adjusted for the amortization of any related premiums or the accretion of any related discounts into interest income using a methodology which approximates a level yield of interest over the estimated remaining period until maturity; (2) Trading - debt and equity securities that are bought and held principally for the purpose of selling them in the near term, which are reported at fair value, with unrealized gains and losses included in earnings; and (3) Available for Sale - debt and equity securities that may be sold under certain conditions, which are reported at fair value, with unrealized gains and losses excluded from earnings and reported as a separate component of shareholders' equity, net of income taxes. Unrealized losses on securities due to fluctuations in fair value are recognized when it is determined that an other than temporary decline in value has occurred. Realized gains or losses on the sale of investments are recognized on a specific identification, trade date basis. All securities were classified as available for sale for the three and nine months ended September 30, 2014 and 2013. We do not have any mortgage-backed securities nor have we ever invested in mortgage-backed securities. (See “non-interest income” for discussion on the sale of investment securities.)

Mortgage_Loans_to_be_Sold

Mortgage Loans to be Sold	9 Months Ended
	Sep. 30, 2014
Mortgage Loans To Be Sold	'
Mortgage Loans to be Sold	'
	NOTE 3: Mortgage Loans to be Sold
	Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated market value in the aggregate. Net unrealized losses are provided for in a valuation allowance by charges to operations as a component of mortgage banking income. At September 30, 2014 and December 31, 2013, we had approximately $6.6 million and $4.7 million in mortgage loans held for sale, respectively. Gains or losses on sales of loans are recognized when control over these assets has been surrendered and are included in mortgage banking income in the consolidated statements of income.
	We originate fixed and variable rate residential mortgage loans on a service release basis in the secondary market. Loans closed but not yet settled with an investor are carried in our loans held for sale portfolio.  These loans are fixed and variable rate residential mortgage loans that have been originated in our name and have closed.  Virtually all of these loans have commitments to be purchased by investors and the majority of these loans were locked in by price with the investors on the same day or shortly thereafter that the loan was locked in with our customers.  Therefore, these loans present very little market risk.  We usually deliver to, and receive funding from, the investor within 30 to 60 days.  Commitments to sell these loans to the investor are considered derivative contracts and are sold to investors on a “best efforts" basis. We are not obligated to deliver a loan or pay a penalty if a loan is not delivered to the investor. As a result of the short-term nature of these derivative contracts, the fair value of the mortgage loans held for sale in most cases is the same as the value of the loan amount at its origination.

Loans_and_Allowance_for_Loan_L

Loans and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Loans and Allowance for Loan Losses	'
	NOTE 4: Loans and Allowance for Loan Losses
	Loans are carried at principal amounts outstanding. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment to yield. Interest income on all loans is recorded on an accrual basis. The accrual of interest and the amortization of net loan fees are generally discontinued on loans which 1) are maintained on a cash basis because of deterioration in the financial condition of the borrower; 2) for which payment of full principal is not expected; or 3) upon which principal or interest has been in default for a period of 90 days or more. The accrual of interest, however, may continue on these loans if they are well secured, in the process of collection, and management deems it appropriate. Non-accrual loans are reviewed individually by management to determine if they should be returned to accrual status. We define past due loans based on contractual payment and maturity dates.
	We account for nonrefundable fees and costs associated with originating or acquiring loans by requiring that loan origination fees be recognized over the life of the related loan as an adjustment on the loan’s yield. Certain direct loan origination costs shall be recognized over the life of the related loan as a reduction of the loan’s yield.
	We account for impaired loans by requiring that all loans for which it is estimated that we will be unable to collect all amounts due according to the terms of the loan agreement be recorded at the loan's fair value. Fair value may be determined based upon the present value of expected future cash flows discounted at the loan's effective interest rate, or the fair value of the collateral less cost to sell, if the loan is collateral dependent.
	Additional accounting guidance allows us to use existing methods for recognizing interest income on an impaired loan. The guidance also requires additional disclosures about how we estimate interest income related to our impaired loans.
	The accrual of interest is generally discontinued on loans that become 90 days past due as to principal or interest. The accrual of interest on some loans, however, may continue even though they are 90 days past due if the loans are well secured or in the process of collection and management deems it appropriate. If non-accrual loans decrease their past due status to less than 30 days for a period of 6 to 9 months, they are reviewed individually by management to determine if they should be returned to accrual status.
	When the ultimate collectability of an impaired loan's principal is in doubt, wholly or partially, all cash receipts are applied to principal. Once the recorded principal balance has been reduced to zero, future cash receipts are applied to interest income, to the extent that any interest has been foregone. Further cash receipts are recorded as recoveries of any amounts previously charged off. When this doubt does not exist, cash receipts are applied under the contractual terms of the loan agreement first to interest income and then to principal.
	A loan is also considered impaired if its terms are modified in a troubled debt restructuring (“TDR”). For this type of impaired loan, cash receipts are typically applied to principal and interest receivable in accordance with the terms of the restructured loan agreement. Interest income is recognized on these loans using the accrual method of accounting, provided they are performing in accordance with their restructured terms.
	We believe that the allowance is adequate to absorb inherent losses in the loan portfolio; however, assessing the adequacy of the allowance is a process that requires considerable judgment. Our judgments are based on numerous assumptions about current events which we believe to be reasonable, but which may or may not be valid. Thus, there can be no assurance that loan losses in future periods will not exceed the current allowance amount or that future increases in the allowance will not be required. No assurance can be given that our ongoing evaluation of the loan portfolio, in light of changing economic conditions and other relevant circumstances, will not require significant future additions to the allowance, thus adversely affecting our operating results.
	The allowance is also subject to examination by regulatory agencies, which may consider such factors as the methodology used to determine adequacy and the size of the allowance relative to that of peer institutions and other adequacy tests. In addition, such regulatory agencies could require us to adjust our allowance based on information available at the time of our examination.
	The methodology used to determine the reserve for unfunded lending commitments, which is included in other liabilities, is inherently similar to the methodology used to determine the allowance for loan losses adjusted for factors specific to binding commitments, including the probability of funding and historical loss ratio.
	The following table is a summary of the non-accrual loans as of September 30, 2014 and December 31, 2013.
	30-Sep-14
	Loans Receivable on Non-Accrual
	Commercial		$	83,042
	Commercial Real Estate:
	Commercial Real Estate - Construction			—
	Commercial  Real Estate - Other			673,429
	Consumer:
	Consumer  Real Estate			—
	Consumer - Other			—
	Total		$	756,471
	31-Dec-13
	Loans Receivable on Non-Accrual
	Commercial		$	—
	Commercial Real Estate:
	Commercial Real Estate - Construction			—
	Commercial Real Estate - Other			1,507,209
	Consumer:
	Consumer Real Estate			68,231
	Consumer - Other			—
	Total		$	1,575,440
	One loan receivable previously reported with a non-accrual status, in the amount of $54,959, was returned to accrual status during the nine months ended September 30, 2014. The borrower made payments consistently for nine months and had a documented change in income and employment. All principal and interest is current and repayment of the remaining contractual principal and interest is expected. In addition, two loan receivables in the amount of $557,416 were moved to Other Real Estate Owned (“OREO”). One of these loan receivables valued at $35,473 was ultimately sold at a gain of $2,382 during the nine months ended September 31, 2014. A commercial loan in the amount of $83,042 was placed on non-accrual status during the nine months ended September 30, 2014.
	The following is a schedule of our delinquent loans, excluding mortgage loans held for sale, as of September 30, 2014 and December 31, 2013.
	30-Sep-14
			30-59				60-89				Greater				Total				Current				Total				Recorded Investment
			Days				Days				Than				Past								Loans				> 90 Days
			Past				Past				90				Due								Receivable				and
			Due				Due				Days																Accruing
	Commercial		$	102,737				38,450				83,042				224,229				48,496,367				48,720,596				—
	Commercial Real Estate:
	Commercial Real Estate - Construction			—				—				—				—				1,529,534				1,529,534				—
	Commercial Real Estate - Other			213,789				927,847				180,992				1,322,628				113,838,731				115,161,359				—
	Consumer:
	Consumer - Real Estate			—				227,826				78,792				306,618				58,919,399				59,226,017				78,792
	Consumer - Other			895				3,206				—				4,101				5,031,502				5,035,603				—
	Total		$	317,421				1,197,329				342,826				1,857,576				227,815,533				229,673,109				78,792
	31-Dec-13
			30-59				60-89				Greater				Total				Current				Total				Recorded Investment
			Days				Days				Than				Past								Loans				> 90 Days
			Past				Past				90				Due								Receivable				and
			Due				Due				Days																Accruing
	Commercial		$	230,848				78,200				—				309,048				52,994,521				53,303,569				—
	Commercial Real Estate:
	Commercial Real Estate - Construction			—				—				—				—				1,516,545				1,516,545				—
	Commercial Real Estate - Other			689,859				226,314				754,168				1,670,341				103,070,237				104,740,578				—
	Consumer:
	Consumer - Real Estate			—				—				—				—				54,669,359				54,669,359				—
	Consumer - Other			24,399				—				—				24,399				4,065,854				4,090,253				—
	Total		$	945,106				304,514				754,168				2,003,788				216,316,516				218,320,304				—
	As of September 30, 2014 and December 31, 2013, loans individually evaluated and considered impaired are presented in the following table:
	Impaired and Restructured Loans
	As of September 30, 2014
With no related allowance recorded:		Unpaid				Recorded				Related
		Principal				Investments				Allowance
		Balance
Commercial		$	977,011				977,011			$	—
Commercial Real Estate			2,811,686				2,811,686				—
Consumer Real Estate			351,693				351,693				—
Consumer Other			—				—				—
Total		$	4,140,390			$	4,140,390			$	—
With an allowance recorded:
Commercial		$	1,247,602			$	1,247,602			$	872,728
Commercial Real Estate			1,789,119				1,789,119				470,189
Consumer Real Estate			679,588				679,588				151,431
Consumer Other			39,547				39,547				39,547
Total		$	3,755,856			$	3,755,856			$	1,533,895
Grand Total			7,896,246				7,896,246				1,533,895
Impaired and Restructured Loans
As of the Year Ended December 31, 2013
With no related allowance recorded:		Unpaid				Recorded				Related
		Principal				Investments				Allowance
		Balance
Commercial		$	471,080			$	471,080			$	—
Commercial Real Estate			2,213,271				2,213,271				—
Consumer Real Estate			200,399				200,399				—
Consumer Other			—				—				—
Total		$	2,884,750			$	2,884,750			$	—
With an allowance recorded:
Commercial		$	1,175,329			$	1,175,329			$	1,175,329
Commercial Real Estate			2,191,875				2,191,875				535,766
Consumer Real Estate			842,127				842,127				423,705
Consumer Other			42,826				42,826				42,826
Total		$	4,252,157			$	4,252,157			$	2,177,626
Grand Total			7,136,907				7,136,907				2,177,626
The following table presents by class, information related to the average recorded investment and interest income recognized on impaired loans for the three and nine months ended September 30, 2014 and 2013, respectively.
Average Recorded Investment and Interest Income
Impaired and Restructured Loans
For the Three Months Ended
		30-Sep-14								30-Sep-13
With no related allowance recorded:		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
Commercial		$	591,490			$	12,344			$	804,636			$	8,543
Commercial			3,212,538				40,197				2,155,957				43,828
Real Estate
Consumer			351,712				2,576				309,155				3,266
Real Estate
Consumer			—				—				—				—
Other
Total		$	4,155,740			$	55,117			$	3,269,748			$	55,637
With an allowance recorded:
Commercial		$	1,270,229			$	14,578			$	1,193,245			$	14,683
Commercial			1,794,000				21,349				2,178,231				20,323
Real Estate
Consumer			681,958				10,726				869,051				11,316
Real Estate
Consumer			39,996				419				45,784				646
Other
Total		$	3,786,183			$	47,072			$	4,286,311			$	46,968
Grand Total			7,941,923				102,189				7,556,059				102,605
Average Recorded Investment and Interest Income
Impaired and Restructured Loans
For the Nine Months Ended
		30-Sep-14								30-Sep-13
With no related allowance recorded:		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
Commercial		$	603,268			$	34,784			$	811,773			$	25,437
Commercial			3,298,665				100,952				2,206,032				124,012
Real Estate
Consumer			351,775				8,102				310,113				10,180
Real Estate
Consumer			—				—				—				—
Other
Total		$	4,253,708			$	143,838			$	3,327,918			$	159,629
With an allowance recorded:
		$	1,320,051			$	42,558			$	1,226,085			$	44,758
Commercial
Commercial			1,803,242				61,062				2,176,966				57,605
Real Estate
Consumer			691,169				26,365				873,284				25,817
Real Estate
Consumer			42,114				1,528				47,744				1,710
Other
Total		$	3,856,576			$	131,513			$	4,324,079			$	129,890
Grand Total			8,110,284				275,351				7,651,997				289,519
The following table illustrates credit risks by category and internally assigned grades at September 30, 2014 and December 31, 2013.
30-Sep-14
				Commercial				Commercial				Commercial				Consumer				Consumer				Total
								Real Estate				Real Estate				Real Estate				Other
								Construction				Other
	Pass			$	44,173,792			$	1,078,017			$	107,912,498			$	56,139,988			$	4,710,273			$	214,014,568
	Watch				1,609,929				—				1,566,966				1,582,122				242,907				5,001,923
	OAEM				712,263				454,517				1,185,932				472,419				42,876				2,865,007
	Sub-Standard				2,224,613				—				4,495,963				1,031,488				39,547				7,791,611
	Doubtful				—				—				—				—				—				—
	Loss				—				—				—				—				—				—
	Total			$	48,720,596			$	1,529,534			$	115,161,359			$	59,226,017			$	5,035,603			$	229,673,109
31-Dec-13
				Commercial				Commercial				Commercial				Consumer				Consumer				Total
								Real Estate				Real Estate				Real Estate				Other
								Construction				Other
	Pass			$	48,383,912			$	1,516,545			$	95,942,918			$	50,846,709			$	3,703,400			$	200,393,484
	Watch				1,962,292				—				1,902,129				1,933,566				191,081				5,989,068
	OAEM				546,938				—				2,234,023				654,076				76,097				3,511,134
	Sub-Standard				2,410,427				—				4,661,508				1,235,008				119,675				8,426,618
	Doubtful				—				—				—				—				—				—
	Loss				—				—				—				—				—				—
	Total			$	53,303,569			$	1,516,545			$	104,740,578			$	54,669,359			$	4,090,253			$	218,320,304
The following table sets forth the changes in the allowance and an allocation of the allowance by loan category for the three and nine months ended September 30, 2014 and 2013, respectively, and December 31, 2013. The allocation of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgment, should be charged-off. The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired. The general component covers non-impaired loans and is based on historical loss experience adjusted for current economic factors described above.
For the Three Months Ended
30-Sep-14
		Commercial				Commercial				Consumer				Consumer				Unallocated				Total
						Real Estate				Real Estate				Other
Allowance for Loan Losses
Beginning Balance		$	1,133,997			$	981,752			$	554,862			$	76,441			$	632,756			$	3,379,808
Charge-offs			—				(15,834	)			—				(3,004	)			—				(18,838	)
Recoveries			—				12,000				—				206				—				12,206
Provisions			(44,602	)			(76,163	)			(23,365	)			10,987				145,643				12,500
Ending Balance		$	1,089,395			$	901,755			$	531,497			$	84,630			$	778,399			$	3,385,676
As of and for the Nine Months Ended
30-Sep-14
		Commercial				Commercial				Consumer				Consumer				Unallocated				Total
						Real Estate				Real Estate				Other
Allowance for Loan Losses
Beginning Balance		$	1,398,184			$	966,781			$	641,194			$	80,214			$	205,904			$	3,292,277
Charge-offs			—				(19,787	)			—				(7,133	)			—				(26,920	)
Recoveries			—				31,100				—				26,719				—				57,819
Provisions			(308,789	)			(76,339	)			(109,697	)			(15,170	)			572,495				62,500
Ending Balance			1,089,395				901,755				531,497				84,630				778,399				3,385,676
Ending Balances:
Individually evaluated for impairment			872,728				470,189				151,431				39,547				—				1,533,895
Collectively evaluated for impairment			216,667				431,566				380,066				45,083				778,399				1,851,781
Ending Balances:
Individually evaluated for impairment			2,224,613				4,600,806				1,031,280				39,547				—				7,896,246
Collectively evaluated for impairment		$	46,495,983			$	110,560,553			$	59,724,271			$	4,996,056			$	—			$	221,776,863
For the Three Months Ended
30-Sep-13
		Commercial				Commercial				Consumer				Consumer				Unallocated				Total
						Real Estate				Real Estate				Other
Allowance for Loan Losses
Beginning Balance		$	1,463,641			$	699,761			$	846,332			$	86,721			$	263,460			$	3,359,915
Charge-offs			—				—				—				(24,980	)			—				(24,980	)
Recoveries			20,070				5,849				—				793				—				26,712
Provisions			(63,485	)			251,063				(214,286	)			20,805				30,903				25,000
Ending Balance		$	1,420,226			$	956,673			$	632,046			$	83,339			$	294,363			$	3,386,647
As of and for the Nine Months Ended
30-Sep-13
		Commercial				Commercial				Consumer				Consumer				Unallocated				Total
						Real Estate				Real Estate				Other
Allowance for Loan Losses
Beginning Balance		$	1,478,450			$	584,646			$	890,728			$	102,953			$	376,067			$	3,432,844
Charge-offs			(235,016	)			—				—				(42,811	)			—				(277,827	)
Recoveries			23,003				11,849				—				1,778				—				36,630
Provisions			153,789				360,178				(258,682	)			21,419				(81,704	)			195,000
Ending Balance			1,420,226				956,673				632,046				83,339				294,363				3,386,647
Ending Balances:
Individually evaluated for impairment			1,180,169				520,246				448,060				45,076				—				2,193,551
Collectively evaluated for impairment			240,057				436,427				183,986				38,263				294,363				1,193,096
Ending Balances:
Individually evaluated for impairment			1,659,845				4,560,870				1,175,206				45,076				—				7,440,997
Collectively evaluated for impairment		$	56,419,355			$	103,017,870			$	53,403,098			$	4,329,762			$	—			$	217,170,085
31-Dec-13
		Commercial				Commercial				Consumer				Consumer				Unallocated				Total
						Real Estate				Real Estate				Other
Allowance for Loan Losses
Beginning Balance		$	1,478,450			$	584,646			$	890,728			$	102,953			$	376,067			$	3,432,844
Charge-offs			(245,599	)			—				—				(145,802	)			—				(391,401	)
Recoveries			23,004				15,348				—				4,982				—				43,334
Provisions			142,329				366,787				(249,534	)			118,081				(170,163	)			207,500
Ending Balance			1,398,184				966,781				641,194				80,214				205,904				3,292,277
Ending Balances:
Individually evaluated for impairment			1,175,329				535,766				423,705				42,826				—				2,177,626
Collectively evaluated for impairment			222,855				431,015				217,489				37,388				205,904				1,114,651
Ending Balance:
Individually evaluated for impairment			1,646,409				4,405,146				1,042,526				42,826				—				7,136,907
Collectively evaluated for impairment		$	51,657,160			$	101,851,977			$	53,626,833			$	4,047,427			$	—			$	211,183,397
Restructured loans (loans, still accruing interest, which have been renegotiated at below-market interest rates or for which other concessions have been granted) were $473,119 and $1,196,341 at September 30, 2014 and December 31, 2013, respectively, and are illustrated in the following table. The following loans were renegotiated to interest only. At September 30, 2014 and December 31, 2013, all restructured loans were performing as agreed.
Modification
As of September 30, 2014
		Number of		Pre-Modification Outstanding		Post-Modification Outstanding
		Contracts		Recorded Investment		Recorded Investment
Troubled Debt Restructurings
Commercial		—	$	—	$	—
Commercial Real Estate		2	$	473,119	$	473,119
Commercial Real Estate Construction
		—	$	—	$	—
Consumer Real Estate –Prime		—	$	—	$	—
Consumer Real Estate-Subprime
		—	$	—	$	—
Consumer Other		—	$	—	$	—
Troubled Debt Restructurings That Subsequently Defaulted
Commercial		—	$	—	$	—
Commercial Real Estate		—	$	—	$	—
Commercial Real Estate Construction					$	—
		—	$	—
Consumer Real Estate -Prime		—	$	—	$	—
Consumer Real Estate-Subprime					$	—
		—	$	—
Consumer Other		—	$	—	$	—
Modification
As of December 31, 2013
		Number of		Pre-Modification Outstanding		Post-Modification Outstanding
		Contracts		Recorded Investment		Recorded Investment
Troubled Debt Restructurings
Commercial		1	$	106,194	$	106,194
Commercial Real Estate		3	$	1,090,147	$	1,090,147
Commercial Real Estate Construction
		—	$	—	$	—
Consumer Real Estate –Prime		—	$	—	$	—
Consumer Real Estate-Subprime
		—	$	—	$	—
Consumer Other		—	$	—	$	—
Troubled Debt Restructurings That Subsequently Defaulted
Commercial		—	$	—	$	—
Commercial Real Estate		—	$	—	$	—
Commercial Real Estate Construction					$	—
		—	$	—
Consumer Real Estate -Prime		—	$	—	$	—
Consumer Real Estate-Subprime					$	—
		—	$	—
Consumer Other		—	$	—	$	—
During the nine months ended September 30, 2014 a loan receivable with a current balance of $496,090, was removed from the TDR status. The borrower was paying as agreed and also made substantial reductions to principal. Refinance guidance Financial Accounting Standards Board (“FASB’) Accounting Standards Codification (“ASC”) 310-20-35-9 allows for a loan to be removed from the TDR status if the terms of the loan reflect current market rates. To be in compliance with its modified terms, a loan that is a TDR must not be in nonaccrual status and must be current or less than 30 days past due on its contractual principal and interest payments under the modified repayment terms. Although we removed this loan receivable from a TDR status, it will remain classified as an impaired loan and will continue to be recorded, evaluated and disclosed as such. In addition, one loan receivable with a balance of $106,194 at December 31, 2013, was paid off during the nine months ended September 30, 2014. There were no additional loans identified as a TDR during the nine months ended September 30, 2014. In the past 12 months no loan identified as a TDR defaulted.

Premises_Equipment_and_Leaseho

Premises, Equipment and Leasehold Improvements and Depreciation	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Premises, Equipment and Leasehold Improvements and Depreciation	'
	NOTE 5: Premises, Equipment and Leasehold Improvements and Depreciation
	Buildings and equipment are carried at cost less accumulated depreciation, calculated on the straight-line method over the estimated useful life of the related assets - 40 years for buildings and 3 to 15 years for equipment. Amortization of leasehold improvements is recorded using the straight-line method over the lesser of the estimated useful life of the asset or the term of the lease. Maintenance and repairs are charged to operating expenses as incurred.

Other_Real_Estate_Owned

Other Real Estate Owned	9 Months Ended
	Sep. 30, 2014
Banking and Thrift [Abstract]	'
Other Real Estate Owned	'
	NOTE 6: Other Real Estate Owned
	The following table summarizes the activity in the other real estate owned at September 30, 2014 and December 31, 2013.
		September 30,		December 31,
		2014		2013
	Balance, beginning of year	$	—	$	—
	Additions-foreclosure		557,416		—
	Sales		35,473		—
	Write-downs		—		—
	Balance, end of year	$	521,943	$	—

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	NOTE 7: Income Taxes
	We account for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Net deferred tax assets are included in other assets in the consolidated balance sheet.
	Accounting standards require the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. These standards also prescribe a recognition threshold and measurement of a tax position taken or expected to be taken in an enterprise’s tax return. We believe that we had no uncertain tax positions as of September 30, 2014, December 31, 2013, or September 30, 2013.

Stock_Based_Compensation

Stock Based Compensation	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock Based Compensation	'
	NOTE 8: Stock Based Compensation
	Our shareholders voted at our Annual Meeting, April 13, 2010 to approve the 2010 Omnibus Stock Incentive Plan, including 330,000 shares (adjusted for a 10% stock dividend declared on August 26, 2010) reserved under the plan (copy of the plan was filed with 2010 Proxy Statement). This plan is intended to assist us in recruiting and retaining employees with ability and initiative by enabling them to participate in our future success and to associate their interest with those of the Company and our shareholders. Under the Omnibus Stock Incentive Plan, options are periodically granted to employees at a price not less than 100% of the fair market value of the shares at the date of the grant. All employees are eligible to participate in this plan if the Executive Committee, in its sole discretion, determines that such person has contributed or can be expected to contribute to our profits or growth. Options may be exercised in whole at any time or in part from time to time at such times and in compliance with such requirements as the Executive Committee shall determine. The maximum period in which an option may be exercised is determined at the date of grant and shall not exceed ten years from the date of grant. The options are not transferable except by will or by the laws of descent and distribution.
	On July 24, 2014, the Executive Committee granted options to purchase an aggregate of 10,000 shares to twelve employees. Fair value was estimated at the date of grant using the Black-Scholes option pricing model with the following assumptions: dividend yield 3.74%, historical volatility 31.69%, risk free interest rate of 2.52% and an expected life of 10 years. On June 27, 2013 the Executive Committee granted options to purchase an aggregate of 5,000 shares to five employees. Fair value was estimated at the date of grant using the Black-Scholes option pricing model with the following assumptions: dividend yield 3.98%, historical volatility 36.34%, risk free interest rate of 2.49% and an expected life of 10 years. There were no other options granted during the nine months ended September 30, 2014 or September 30, 2013.
	On April 14, 1998 we adopted the 1998 Omnibus Stock Incentive Plan which expired on April 14, 2008. Although options can no longer be granted under this Plan, options granted before April 14, 2008, shall remain valid in accordance with their terms. There are currently options to purchase 24,915 shares outstanding under this plan with options to purchase 15,972 shares exercisable.
	Under both plans employees become 20% vested after five years and vest 20% each year until fully vested. The right to exercise each such 20% of the options is cumulative and will not expire until the tenth anniversary of the date of the grant.
	The following is a summary of the activity under the 1998 and 2010 Omnibus Stock Incentive Plans for the three and nine months ended September 30, 2014 and for the three and nine months ended September 30, 2013.
	Three Months Ended September 30, 2014	Options	Weighted Average Exercise Price
	Balance at July 1, 2014	152,915	$	11.03
	Granted	10,000		14.84
	Forfeited	-1,250		12.84
	Balance at June 30, 2014	161,665		11.25
	Nine Months Ended September 30, 2014	Options	Weighted Average Exercise Price
	Balance at January 1, 2014	159,165	$	11.03
	Granted	10,000		14.84
	Forfeited	-5,000		11.81
	Exercised	-2,500		10.42
	Balance at September 30, 2014	161,665		11.25
	Options exercisable at September 30, 2014	15,972	$	14.81
	Three months Ended September 30, 2013	Options	Weighted Average Exercise Price
	Balance at July 1, 2013	166,075	$	11.35
	Forfeited	-750		10.77
	Exercised	-2,500		10.42
	Balance at September 30, 2013	162,825		11.37
	Nine months Ended September 30, 2013	Options	Weighted Average Exercise Price
	Balance at January 1, 2013	174,467	$	11.2
	Granted	5,000		12.84
	Forfeited	-6,850		11.47
	Exercised	-9,792		9.02
	Balance at September 30, 2013	162,825		11.37
	Options exercisable at September 30, 2013	13,915	$	14.79

Shareholders_Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2014
Stockholders' Equity Note [Abstract]	'
Shareholders' Equity	'
	NOTE 9: Shareholders' Equity
	Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share are computed by dividing net income by the weighted-average number of common shares and potential common shares outstanding. Potential common shares consist of dilutive stock options determined using the treasury stock method and the average market price of common stock.
	Regular quarterly cash dividends of $.13 per share were declared on March 27, 2014 and June 26, 2014 for shareholders of record at April 8, 2014 and July 7, 2014. The dividends were payable on April 30, 2014 and July 31, 2014. A regular quarterly cash dividend of $.13 per share was declared on September 25, 2014. This was our 100th quarterly cash dividend, so to recognize this, we also declared a special cash dividend of $.10 per share to reward our shareholders. These dividends were payable on October 31, 2014, to shareholders of record at October 8, 2014. Income per common share for the three and nine months ended September 30, 2014 and for the three and nine months ended September 30, 2013 were calculated as follows:
		FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2014
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	1,141,713
	Basic income available to
	common shareholders	$	1,141,713		4,461,388	$	0.26
	Effect of dilutive options				116,074
	Diluted income available to common
	shareholders	$	1,141,713		4,577,462	$	0.25
		FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	3,207,438
	Basic income available to
	common shareholders	$	3,207,438		4,461,388	$	0.72
	Effect of dilutive options				115,505
	Diluted income available to common
	shareholders	$	3,207,438		4,576,893	$	0.7
		FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2013
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	1,064,177
	Basic income available to
	common shareholders	$	1,064,177		4,454,669	$	0.24
	Effect of dilutive options				—
	Diluted income available to common
	shareholders	$	1,064,177		4,454,669	$	0.24
		FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2013
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	3,107,056
	Basic income available to
	common shareholders	$	3,107,056		4,450,997	$	0.7
	Effect of dilutive options				—
	Diluted income available to common
	shareholders	$	3,107,056		4,450,997	$	0.7
	The future payment of cash dividends is subject to the discretion of the Board of Directors and depends upon a number of factors, including future earnings, financial condition, cash requirements, and general business conditions. Cash dividends when declared, are paid by the Bank to the Company for distribution to shareholders of the Company. The Bank’s ability to pay dividends to the Company is restricted by the laws and regulations of the State of South Carolina. Generally, these restrictions allow the Bank to pay dividends from current earnings without the prior written consent of the South Carolina Commissioner of Banking, if it received a satisfactory rating at its most recent examination.

Comprehensive_Income

Comprehensive Income	9 Months Ended
	Sep. 30, 2014
Comprehensive Income	'
Comprehensive Income	'
	NOTE 10: Comprehensive Income
	We apply accounting standards which establish guidance for the reporting and display of comprehensive income and its components in a full set of general purpose financial statements. Comprehensive income consists of net income and net unrealized gains or losses on securities.
	Comprehensive income totaled $1,060,397 and $540,560 for the three months ended September 30, 2014 and September 30, 2013, respectively, and $3,298,203 and $2,005,734 for the nine months ended September 30, 2014 and September 30, 2013, respectively.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	NOTE 11: Fair Value Measurements
	Fair value measurements apply whenever GAAP requires or permits assets or liabilities to be measured at fair value either on a recurring or nonrecurring basis. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. Fair value is based on the assumptions that we believe market participants would use when pricing an asset or liability. Fair value measurement and disclosure guidance establishes a three-level fair value hierarchy that prioritizes the use of inputs used in valuation methodologies.
	The three levels of input that may be used to measure fair value are the following:
	Level 1	Valuation is based upon quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access.  Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an active exchange market, as well as US Treasuries and money market funds.
	Level 2	Valuation is based upon quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates, and yield curves that are observable at commonly quoted intervals.  Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments, mortgage-backed securities, municipal bonds, corporate debt securities and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data.  This category generally includes certain derivative contracts and impaired loans.
	Level 3	Valuation is generated from model-based techniques that use at least one significant assumption based on unobservable inputs for the asset or liability, which are typically based on an entity’s own assumptions, as there is little, if any, related market activity.  In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety.  The assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.
	The guidance requires disclosures about the fair value of assets and liabilities recognized in the balance sheet in periods subsequent to initial recognition, whether the measurements are made on a recurring basis (for example, available-for-sale investment securities) or on a nonrecurring basis (for example, impaired loans). Fair value estimates, methods, and assumptions are set forth below.
	Investment Securities Available for Sale
	Securities available for sale are recorded at fair value on a recurring basis and are based upon quoted prices if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange such as the New York Stock Exchange, or by dealers or brokers in active over-the counter markets. Level 2 securities include mortgage backed securities issued by government sponsored entities, municipal bonds and corporate debt securities. Securities classified as Level 3 include asset-backed securities in less liquid markets.
	Assets and liabilities measured at fair value on a recurring basis at September 30, 2014 and December 31, 2013 are as follows:
	Balance
	at
	30-Sep-14
			Quoted Market Price in active markets			Significant Other Observable Inputs		Significant Unobservable Inputs		Total
			(Level 1)			(Level 2)		(Level 3)
	US Treasury		$	29,922,266		$	—	$	—	$	29,922,266
	Notes
	Government Sponsored		$	—		$	42,163,057	$	—	$	42,163,057
	Enterprises
	Municipal Securities		$	—		$	33,267,841	$	1,374,825	$	34,642,666
	Total		$	29,922,266		$	75,430,898	$	1,374,825	$	106,727,989
	Balance
	at
	31-Dec-13
			Quoted Market Price in active markets			Significant Other Observable Inputs		Significant Unobservable Inputs		Total
			(Level 1)			(Level 2)		(Level 3)
	US Treasury		$	15,832,401		$	—	$	—	$	15,832,401
	Notes
	Government Sponsored		$	—		$	43,635,038	$	—	$	43,635,038
	Enterprises
	Municipal Securities		$	—		$	33,655,445	$	1,525,337	$	35,180,782
	Total		$	15,832,401		$	77,290,483	$	1,525,337	$	94,648,221
	Other Real Estate Owned (OREO)
	Loans, secured by real estate, are adjusted to fair value upon transfer to OREO. Subsequently, OREO is carried at the lower of carrying value or fair value. Fair value is based upon independent market prices, appraised values of the collateral or our estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price or a current appraisal, we record the asset as nonrecurring Level 2. When an appraised value is not available or we determine the fair value of the collateral is further impaired below the appraised value and there is no observable market price, we record the asset as nonrecurring Level 3. We had one property valued at $521,943 classified as Other Real Estate Owned at September 30, 2014 with no Other Real Estate Owned at December 31, 2013. One property valued at $35,473 was classified as Other Real Estate Owned and was ultimately sold at a gain of $2,382 during the three months ended September 30, 2014.
	Impaired Loans
	We do not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses is established. Loans are reviewed for impairment on a quarterly basis if any of the following criteria are met:
		1)	Any loan on non-accrual
		2)	Any loan that is a troubled debt restructuring
		3)	Any loan over 60 days past due
		4)	Any loan rated sub-standard, doubtful, or loss
		5)	Excessive principal extensions are executed
		6)	If we are provided information that indicates that we will not collect all principal and interest as scheduled
	Once a loan is identified as individually impaired, we measure the impairment in accordance with ASC 310-10, “Accounting by Creditors for Impairment of a Loan”.
	In accordance with this standard, the fair value is estimated using one of the following methods: fair value of the collateral less estimated costs to sell, discounted cash flows, or market value of the loan based on similar debt. The fair value of the collateral less estimated costs to sell is the most frequently used method. Typically, we review the most recent appraisal and if it is over 12 to 18 months old we may request a new third party appraisal. Depending on the particular circumstances surrounding the loan, including the location of the collateral, the date of the most recent appraisal and the value of the collateral relative to the recorded investment in the loan, we may order an independent appraisal immediately or, in some instances, may elect to perform an internal analysis. Specifically as an example, in situations where the collateral on a nonperforming commercial real estate loan is out of our primary market area, we would typically order an independent appraisal immediately, at the earlier of the date the loan becomes nonperforming or immediately following the determination that the loan is impaired. However, as a second example, on a nonperforming commercial real estate loan where we are familiar with the property and surrounding areas and where the original appraisal value far exceeds the recorded investment in the loan, we may perform an internal analysis whereby the previous appraisal value would be reviewed considering recent current conditions, and known recent sales or listings of similar properties in the area, and any other relevant economic trends. This analysis may result in the call for a new appraisal. These valuations are reviewed and updated on a quarterly basis.
	Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. At September 30, 2014 and December 31, 2013, substantially all of the total impaired loans were evaluated based on the fair value of the collateral. In accordance with topic ASC 820, “Fair Value Measurement”, impaired loans, where an allowance is established based on the fair value of collateral, require classification in the fair value hierarchy. We record the impaired loan as nonrecurring Level 3.
	Mortgage Loans Held for Sale
	We originate fixed and variable rate residential mortgage loans on a service release basis in the secondary market. Loans closed but not yet settled with an investor are carried in our loans held for sale portfolio.  These loans are fixed and variable rate residential mortgage loans that have been originated in our name and have closed.  Virtually all of these loans have commitments to be purchased by investors and the majority of these loans were locked in by price with the investors on the same day or shortly thereafter that the loan was locked in with our customers.  Therefore, these loans present very little market risk.  We usually deliver to, and receive funding from, the investor within 30 to 60 days.  Commitments to sell these loans to the investor are considered derivative contracts and are sold to investors on a “best efforts" basis. We are not obligated to deliver a loan or pay a penalty if a loan is not delivered to the investor. As a result of the short-term nature of these derivative contracts, the fair value of the mortgage loans held for sale in most cases is the same as the value of the loan amount at its origination. These loans are classified as Level 2.
	Certain assets and liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following table presents the assets and liabilities carried on the balance sheet by caption and by level within the valuation hierarchy (as described above) as of September 30, 2014 and December 31, 2013, for which a nonrecurring change in fair value has been recorded during the nine months ended September 30, 2014 and twelve months ended December 31, 2013.
	30-Sep-14
			Quoted Market Price in active markets			Significant Other Observable Inputs		Significant Unobservable Inputs		Total
			(Level 1)			(Level 2)		(Level 3)
	Impaired loans		$	—		$	—	$	6,362,351	$	6,362,351
	Mortgage loans held for sale			—			6,630,450		—		6,630,450
	Other real estate owned			—			521,943		—		521,943
	Total		$	—		$	7,152,393	$	6,362,351	$	13,514,744
	31-Dec-13
			Quoted			Significant		Significant Unobservable		Balance
			Market Price			Other		Inputs		at
			in active			Observable Inputs		(Level 3)		31-Dec-13
			markets			(Level 2)
			(Level 1)
	Impaired loans		$	—		$	—	$	4,959,281	$	4,959,281
	Mortgage loans held for sale			—			4,739,343		—		4,739,343
Other real estate owned			—			—		—		—
Total		$	—		$	4,739,343	$	4,959,281	$	9,698,624
				Inputs
		Valuation Technique		Unobservable Input	General Range of Inputs
Nonrecurring measurements:
Impaired Loans		Discounted Appraisals		Collateral Discounts	0-25%
Accounting standards require disclosure of fair value information about financial instruments whether or not recognized on the balance sheet, for which it is practicable to estimate fair value. Fair value estimates are made as of a specific point in time based on the characteristics of the financial instruments and the relevant market information. When available, quoted market prices are used. In other cases, fair values are based on estimates using present value or other valuation techniques. These techniques involve uncertainties and are significantly affected by the assumptions used and the judgments made regarding risk characteristics of various financial instruments, discount rates, prepayments, and estimates of future cash flows, future expected loss experience and other factors. Changes in assumptions could significantly affect these estimates. Derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, may or may not be realized in an immediate sale of the instrument.
Under the accounting standard, fair value estimates are based on existing financial instruments without attempting to estimate the value of anticipated future business and the value of the assets and liabilities that are not financial instruments. Accordingly, the aggregate fair value amounts of existing financial instruments do not represent the underlying value of those instruments on our books.
The following describes the methods and assumptions we use in estimating the fair values of financial instruments:
a.	Cash and due from banks, interest bearing deposits in other banks and federal funds sold
	The carrying value approximates fair value. All mature within 90 days and do not present unanticipated credit concerns.
b.	Investment securities available for sale
	The fair value of investment securities is derived from quoted market prices.
c.	Loans
	The carrying values of variable rate consumer and commercial loans and consumer and commercial loans with remaining maturities of three months or less, approximate fair value. The fair values of fixed rate consumer and commercial loans with maturities greater than three months are determined using a discounted cash flow analysis and assume the rate being offered on these types of loans at September 30, 2014 and December 31, 2013, approximate market.
	The carrying value of mortgage loans held for sale approximates fair value.
	For lines of credit, the carrying value approximates fair value.
d.	Deposits
	The estimated fair value of deposits with no stated maturity is equal to the carrying amount.  The fair value of time deposits is estimated by discounting contractual cash flows, by applying interest rates currently being offered on the deposit products.  The fair value estimates for deposits do not include the benefit that results from the low cost funding provided by the deposit liabilities as compared to the cost of alternative forms of funding (deposit base intangibles).
The following table presents the carrying amount, fair value, and placement in the fair value hierarchy of our financial instruments as of September 30, 2014 and December 31, 2013. This table excludes financial instruments for which the carrying amount approximates fair value. For short-term financial assets such as cash and cash equivalents, the carrying amount is a reasonable estimate of fair value due to the relatively short time between the origination of the instrument and its expected realization.
30-Sep-14
Fair Value Measurement
		Carrying			Fair Value		Quoted Prices in Active Markets for Identical		Significant Other		Significant
		Amount					Assets or		Observable		Unobservable
							Liabilities		Inputs		Inputs
							(Level 1)		(Level 2)		(Level 3)
Financial Instruments-Assets
Loans		$	229,673,109		$	229,775,247	$	—	$	—	$	229,775,247
Financial Instruments- Liabilities
Deposits		$	329,275,435		$	329,304,426	$	—	$	329,304,426	$	—
31-Dec-13
Fair Value Measurement
		Carrying			Fair Value		Quoted Prices		Significant Other		Significant
		Amount					in Active		Observable		Unobservable
							Markets for Identical		Inputs		Inputs
							Assets or		(Level 2)		(Level 3)
							Liabilities
							(Level 1)
Financial Instruments-Assets
Loans		$	218,320,304		$	218,406,792	$	—	$	—	$	218,406,792
Financial Instruments- Liabilities
Deposits		$	305,242,655		$	305,269,155	$	—	$	305,269,155	$	—
		30-Sep-14
		Notional			Fair Value
		Amount
Off Balance Sheet Financial
Instruments:
Commitments to extend credit		$	59,283,544		$	—
Standby letters of credit			657,593			—
		31-Dec-13
		Notional			Fair Value
		Amount
Off Balance Sheet Financial
Instruments:
Commitments to extend credit		$	64,830,461		$	—
Standby letters of credit			557,593			—

Recently_Issued_Accounting_Pro

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
Recently Issued Accounting Pronouncements	'
	NOTE 12: Recently Issued Accounting Pronouncements
	The following is a summary of recent authoritative pronouncements that could impact the accounting, reporting and/or disclosure of our financial information.
	In January 2014, the FASB amended the Receivables topic of the Accounting Standards Codification. The amendments are intended to resolve diversity in practice with respect to when a creditor should reclassify a collateralized consumer mortgage loan to OREO. In addition, the amendments require a creditor reclassify a collateralized consumer mortgage loan to OREO upon obtaining legal title to the real estate collateral, or the borrower voluntarily conveying all interest in the real estate property to the lender to satisfy the loan through a deed in lieu of foreclosure or similar legal agreement. The amendments will be effective for interim and annual reporting periods beginning after December 15, 2014, with early implementation of the guidance permitted. In implementing this guidance, assets that are reclassified from real estate to loans are measured at the carrying value of the real estate at the date of adoption. Assets reclassified from loans to real estate are measured at the lower of the net amount of the loan receivable or the fair value of the real estate less costs to sell at the date of adoption. We will apply the amendments prospectively using a modified retrospective approach. We do not expect these amendments to have a material effect on our financial statements.
	In May 2014, the FASB issued guidance to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance will be effective for reporting periods beginning after December 15, 2016. We will apply the guidance using a modified retrospective approach. We do not expect these amendments to have a material effect on our financial statements.
	In June 2014, the FASB issued guidance which makes limited amendments to the guidance on accounting for certain repurchase agreements. The guidance (1) requires entities to account for repurchase-to-maturity transactions as secured borrowings (rather than as sales with forward repurchase agreements), (2) eliminates accounting guidance on linked repurchase financing transactions, and (3) expands disclosure requirements related to certain transfers of financial assets that are accounted for as sales and certain transfers (specifically repos, securities lending transactions, and repurchase-to-maturity transactions) accounted for as secured borrowings. The amendments will be effective for the Company for the first interim or annual period beginning after December 31, 2014. The Company will apply the guidance by making a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. We do not expect these amendments to have a material effect on our financial statements.
	Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on our financial position, results of operations or cash flows.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	NOTE 13: Subsequent Events
	Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Nonrecognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. We have reviewed events occurring through the date the financial statements were issued and noted no subsequent event requiring accrual or disclosure.

Loans_and_Allowance_for_Loan_L1

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Schedule of non-accrual loans	'
	The following table is a summary of the non-accrual loans as of September 30, 2014 and December 31, 2013.
	30-Sep-14
	Loans Receivable on Non-Accrual
	Commercial		$	83,042
	Commercial Real Estate:
	Commercial Real Estate - Construction			—
	Commercial  Real Estate - Other			673,429
	Consumer:
	Consumer  Real Estate			—
	Consumer - Other			—
	Total		$	756,471
	31-Dec-13
	Loans Receivable on Non-Accrual
	Commercial		$	—
	Commercial Real Estate:
	Commercial Real Estate - Construction			—
	Commercial Real Estate - Other			1,507,209
	Consumer:
	Consumer Real Estate			68,231
	Consumer - Other			—
	Total		$	1,575,440
Schedule of delinquent loans, excluding mortgage loans held for sale	'
	The following is a schedule of our delinquent loans, excluding mortgage loans held for sale, as of September 30, 2014 and December 31, 2013.
	30-Sep-14
			30-59				60-89				Greater				Total				Current				Total				Recorded Investment
			Days				Days				Than				Past								Loans				> 90 Days
			Past				Past				90				Due								Receivable				and
			Due				Due				Days																Accruing
	Commercial		$	102,737				38,450				83,042				224,229				48,496,367				48,720,596				—
	Commercial Real Estate:
	Commercial Real Estate - Construction			—				—				—				—				1,529,534				1,529,534				—
	Commercial Real Estate - Other			213,789				927,847				180,992				1,322,628				113,838,731				115,161,359				—
	Consumer:
	Consumer - Real Estate			—				227,826				78,792				306,618				58,919,399				59,226,017				78,792
	Consumer - Other			895				3,206				—				4,101				5,031,502				5,035,603				—
	Total		$	317,421				1,197,329				342,826				1,857,576				227,815,533				229,673,109				78,792
	31-Dec-13
			30-59				60-89				Greater				Total				Current				Total				Recorded Investment
			Days				Days				Than				Past								Loans				> 90 Days
			Past				Past				90				Due								Receivable				and
			Due				Due				Days																Accruing
	Commercial		$	230,848				78,200				—				309,048				52,994,521				53,303,569				—
	Commercial Real Estate:
	Commercial Real Estate - Construction			—				—				—				—				1,516,545				1,516,545				—
	Commercial Real Estate - Other			689,859				226,314				754,168				1,670,341				103,070,237				104,740,578				—
	Consumer:
	Consumer - Real Estate			—				—				—				—				54,669,359				54,669,359				—
	Consumer - Other			24,399				—				—				24,399				4,065,854				4,090,253				—
	Total		$	945,106				304,514				754,168				2,003,788				216,316,516				218,320,304				—
Schedule of impaired and restructured loans	'
	As of September 30, 2014 and December 31, 2013, loans individually evaluated and considered impaired are presented in the following table:
	Impaired and Restructured Loans
	As of September 30, 2014
	With no related allowance recorded:		Unpaid				Recorded				Related
			Principal				Investments				Allowance
			Balance
	Commercial		$	977,011				977,011			$	—
	Commercial Real Estate			2,811,686				2,811,686				—
	Consumer Real Estate			351,693				351,693				—
	Consumer Other			—				—				—
	Total		$	4,140,390			$	4,140,390			$	—
	With an allowance recorded:
	Commercial		$	1,247,602			$	1,247,602			$	872,728
	Commercial Real Estate			1,789,119				1,789,119				470,189
	Consumer Real Estate			679,588				679,588				151,431
	Consumer Other			39,547				39,547				39,547
	Total		$	3,755,856			$	3,755,856			$	1,533,895
	Grand Total			7,896,246				7,896,246				1,533,895
	Impaired and Restructured Loans
	As of the Year Ended December 31, 2013
	With no related allowance recorded:		Unpaid				Recorded				Related
			Principal				Investments				Allowance
			Balance
	Commercial		$	471,080			$	471,080			$	—
	Commercial Real Estate			2,213,271				2,213,271				—
	Consumer Real Estate			200,399				200,399				—
	Consumer Other			—				—				—
	Total		$	2,884,750			$	2,884,750			$	—
	With an allowance recorded:
	Commercial		$	1,175,329			$	1,175,329			$	1,175,329
	Commercial Real Estate			2,191,875				2,191,875				535,766
	Consumer Real Estate			842,127				842,127				423,705
	Consumer Other			42,826				42,826				42,826
	Total		$	4,252,157			$	4,252,157			$	2,177,626
	Grand Total			7,136,907				7,136,907				2,177,626
	The following table presents by class, information related to the average recorded investment and interest income recognized on impaired loans for the three and nine months ended September 30, 2014 and 2013, respectively.
	Average Recorded Investment and Interest Income
	Impaired and Restructured Loans
	For the Three Months Ended
			30-Sep-14								30-Sep-13
	With no related allowance recorded:		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
	Commercial		$	591,490			$	12,344			$	804,636			$	8,543
	Commercial			3,212,538				40,197				2,155,957				43,828
	Real Estate
	Consumer			351,712				2,576				309,155				3,266
	Real Estate
	Consumer			—				—				—				—
	Other
	Total		$	4,155,740			$	55,117			$	3,269,748			$	55,637
	With an allowance recorded:
	Commercial		$	1,270,229			$	14,578			$	1,193,245			$	14,683
	Commercial			1,794,000				21,349				2,178,231				20,323
	Real Estate
	Consumer			681,958				10,726				869,051				11,316
	Real Estate
	Consumer			39,996				419				45,784				646
	Other
	Total		$	3,786,183			$	47,072			$	4,286,311			$	46,968
	Grand Total			7,941,923				102,189				7,556,059				102,605
	Average Recorded Investment and Interest Income
	Impaired and Restructured Loans
	For the Nine Months Ended
			30-Sep-14								30-Sep-13
With no related allowance recorded:		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
Commercial		$	603,268			$	34,784			$	811,773			$	25,437
Commercial			3,298,665				100,952				2,206,032				124,012
Real Estate
Consumer			351,775				8,102				310,113				10,180
Real Estate
Consumer			—				—				—				—
Other
Total		$	4,253,708			$	143,838			$	3,327,918			$	159,629
With an allowance recorded:
		$	1,320,051			$	42,558			$	1,226,085			$	44,758
Commercial
Commercial			1,803,242				61,062				2,176,966				57,605
Real Estate
Consumer			691,169				26,365				873,284				25,817
Real Estate
Consumer			42,114				1,528				47,744				1,710
Other
Total		$	3,856,576			$	131,513			$	4,324,079			$	129,890
Grand Total			8,110,284				275,351				7,651,997				289,519
Schedule of credit risks by category and internally assigned grades	'
	The following table illustrates credit risks by category and internally assigned grades at September 30, 2014 and December 31, 2013.
	30-Sep-14
					Commercial				Commercial				Commercial				Consumer				Consumer				Total
									Real Estate				Real Estate				Real Estate				Other
									Construction				Other
		Pass			$	44,173,792			$	1,078,017			$	107,912,498			$	56,139,988			$	4,710,273			$	214,014,568
		Watch				1,609,929				—				1,566,966				1,582,122				242,907				5,001,923
		OAEM				712,263				454,517				1,185,932				472,419				42,876				2,865,007
		Sub-Standard				2,224,613				—				4,495,963				1,031,488				39,547				7,791,611
		Doubtful				—				—				—				—				—				—
		Loss				—				—				—				—				—				—
		Total			$	48,720,596			$	1,529,534			$	115,161,359			$	59,226,017			$	5,035,603			$	229,673,109
	31-Dec-13
					Commercial				Commercial				Commercial				Consumer				Consumer				Total
									Real Estate				Real Estate				Real Estate				Other
									Construction				Other
		Pass			$	48,383,912			$	1,516,545			$	95,942,918			$	50,846,709			$	3,703,400			$	200,393,484
		Watch				1,962,292				—				1,902,129				1,933,566				191,081				5,989,068
		OAEM				546,938				—				2,234,023				654,076				76,097				3,511,134
		Sub-Standard				2,410,427				—				4,661,508				1,235,008				119,675				8,426,618
		Doubtful				—				—				—				—				—				—
		Loss				—				—				—				—				—				—
		Total			$	53,303,569			$	1,516,545			$	104,740,578			$	54,669,359			$	4,090,253			$	218,320,304
Schedule of changes in allowance for loan losses	'
	The following table sets forth the changes in the allowance and an allocation of the allowance by loan category for the three and nine months ended September 30, 2014 and 2013, respectively, and December 31, 2013. The allocation of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgment, should be charged-off. The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired. The general component covers non-impaired loans and is based on historical loss experience adjusted for current economic factors described above.
	For the Three Months Ended
	30-Sep-14
			Commercial				Commercial				Consumer				Consumer				Unallocated				Total
							Real Estate				Real Estate				Other
	Allowance for Loan Losses
	Beginning Balance		$	1,133,997			$	981,752			$	554,862			$	76,441			$	632,756			$	3,379,808
	Charge-offs			—				(15,834	)			—				(3,004	)			—				(18,838	)
	Recoveries			—				12,000				—				206				—				12,206
	Provisions			(44,602	)			(76,163	)			(23,365	)			10,987				145,643				12,500
	Ending Balance		$	1,089,395			$	901,755			$	531,497			$	84,630			$	778,399			$	3,385,676
	As of and for the Nine Months Ended
	30-Sep-14
			Commercial				Commercial				Consumer				Consumer				Unallocated				Total
							Real Estate				Real Estate				Other
	Allowance for Loan Losses
	Beginning Balance		$	1,398,184			$	966,781			$	641,194			$	80,214			$	205,904			$	3,292,277
	Charge-offs			—				(19,787	)			—				(7,133	)			—				(26,920	)
	Recoveries			—				31,100				—				26,719				—				57,819
	Provisions			(308,789	)			(76,339	)			(109,697	)			(15,170	)			572,495				62,500
	Ending Balance			1,089,395				901,755				531,497				84,630				778,399				3,385,676
	Ending Balances:
	Individually evaluated for impairment			872,728				470,189				151,431				39,547				—				1,533,895
	Collectively evaluated for impairment			216,667				431,566				380,066				45,083				778,399				1,851,781
	Ending Balances:
	Individually evaluated for impairment			2,224,613				4,600,806				1,031,280				39,547				—				7,896,246
	Collectively evaluated for impairment		$	46,495,983			$	110,560,553			$	59,724,271			$	4,996,056			$	—			$	221,776,863
	For the Three Months Ended
	30-Sep-13
			Commercial				Commercial				Consumer				Consumer				Unallocated				Total
							Real Estate				Real Estate				Other
	Allowance for Loan Losses
	Beginning Balance		$	1,463,641			$	699,761			$	846,332			$	86,721			$	263,460			$	3,359,915
	Charge-offs			—				—				—				(24,980	)			—				(24,980	)
	Recoveries			20,070				5,849				—				793				—				26,712
	Provisions			(63,485	)			251,063				(214,286	)			20,805				30,903				25,000
	Ending Balance		$	1,420,226			$	956,673			$	632,046			$	83,339			$	294,363			$	3,386,647
	As of and for the Nine Months Ended
	30-Sep-13
			Commercial				Commercial				Consumer				Consumer				Unallocated				Total
							Real Estate				Real Estate				Other
	Allowance for Loan Losses
	Beginning Balance		$	1,478,450			$	584,646			$	890,728			$	102,953			$	376,067			$	3,432,844
	Charge-offs			(235,016	)			—				—				(42,811	)			—				(277,827	)
	Recoveries			23,003				11,849				—				1,778				—				36,630
	Provisions			153,789				360,178				(258,682	)			21,419				(81,704	)			195,000
	Ending Balance			1,420,226				956,673				632,046				83,339				294,363				3,386,647
	Ending Balances:
	Individually evaluated for impairment			1,180,169				520,246				448,060				45,076				—				2,193,551
	Collectively evaluated for impairment			240,057				436,427				183,986				38,263				294,363				1,193,096
	Ending Balances:
	Individually evaluated for impairment			1,659,845				4,560,870				1,175,206				45,076				—				7,440,997
	Collectively evaluated for impairment		$	56,419,355			$	103,017,870			$	53,403,098			$	4,329,762			$	—			$	217,170,085
	31-Dec-13
			Commercial				Commercial				Consumer				Consumer				Unallocated				Total
							Real Estate				Real Estate				Other
	Allowance for Loan Losses
	Beginning Balance		$	1,478,450			$	584,646			$	890,728			$	102,953			$	376,067			$	3,432,844
	Charge-offs			(245,599	)			—				—				(145,802	)			—				(391,401	)
	Recoveries			23,004				15,348				—				4,982				—				43,334
	Provisions			142,329				366,787				(249,534	)			118,081				(170,163	)			207,500
	Ending Balance			1,398,184				966,781				641,194				80,214				205,904				3,292,277
	Ending Balances:
Individually evaluated for impairment			1,175,329				535,766				423,705				42,826				—				2,177,626
Collectively evaluated for impairment			222,855				431,015				217,489				37,388				205,904				1,114,651
Ending Balance:
Individually evaluated for impairment			1,646,409				4,405,146				1,042,526				42,826				—				7,136,907
Collectively evaluated for impairment		$	51,657,160			$	101,851,977			$	53,626,833			$	4,047,427			$	—			$	211,183,397
Schedule of troubled debt restructurings	'
	Restructured loans (loans, still accruing interest, which have been renegotiated at below-market interest rates or for which other concessions have been granted) were $473,119 and $1,196,341 at September 30, 2014 and December 31, 2013, respectively, and are illustrated in the following table. The following loans were renegotiated to interest only. At September 30, 2014 and December 31, 2013, all restructured loans were performing as agreed.
	Modification
	As of September 30, 2014
			Number of		Pre-Modification Outstanding		Post-Modification Outstanding
			Contracts		Recorded Investment		Recorded Investment
	Troubled Debt Restructurings
	Commercial		—	$	—	$	—
	Commercial Real Estate		2	$	473,119	$	473,119
	Commercial Real Estate Construction
			—	$	—	$	—
	Consumer Real Estate –Prime		—	$	—	$	—
	Consumer Real Estate-Subprime
			—	$	—	$	—
	Consumer Other		—	$	—	$	—
	Troubled Debt Restructurings That Subsequently Defaulted
	Commercial		—	$	—	$	—
	Commercial Real Estate		—	$	—	$	—
	Commercial Real Estate Construction					$	—
			—	$	—
	Consumer Real Estate -Prime		—	$	—	$	—
	Consumer Real Estate-Subprime					$	—
			—	$	—
	Consumer Other		—	$	—	$	—
	Modification
	As of December 31, 2013
			Number of		Pre-Modification Outstanding		Post-Modification Outstanding
			Contracts		Recorded Investment		Recorded Investment
	Troubled Debt Restructurings
	Commercial		1	$	106,194	$	106,194
	Commercial Real Estate		3	$	1,090,147	$	1,090,147
	Commercial Real Estate Construction
			—	$	—	$	—
	Consumer Real Estate –Prime		—	$	—	$	—
	Consumer Real Estate-Subprime
			—	$	—	$	—
	Consumer Other		—	$	—	$	—
	Troubled Debt Restructurings That Subsequently Defaulted
	Commercial		—	$	—	$	—
	Commercial Real Estate		—	$	—	$	—
	Commercial Real Estate Construction					$	—
			—	$	—
	Consumer Real Estate -Prime		—	$	—	$	—
	Consumer Real Estate-Subprime					$	—
			—	$	—
	Consumer Other		—	$	—	$	—

Other_Real_Estate_Owned_Tables

Other Real Estate Owned (Tables)	9 Months Ended
	Sep. 30, 2014
Banking and Thrift [Abstract]	'
Schedule of activity in other real estate owned	'
	The following table summarizes the activity in the other real estate owned at September 30, 2014 and December 31, 2013.
		September 30,		December 31,
		2014		2013
	Balance, beginning of year	$	—	$	—
	Additions-foreclosure		557,416		—
	Sales		35,473		—
	Write-downs		—		—
	Balance, end of year	$	521,943	$	—

Stock_Based_Compensation_Table

Stock Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of activity under stock incentive plans	'
	The following is a summary of the activity under the 1998 and 2010 Omnibus Stock Incentive Plans for the three and nine months ended September 30, 2014 and for the three and nine months ended September 30, 2013.
	Three Months Ended September 30, 2014	Options	Weighted Average Exercise Price
	Balance at July 1, 2014	152,915	$	11.03
	Granted	10,000		14.84
	Forfeited	-1,250		12.84
	Balance at June 30, 2014	161,665		11.25
	Nine Months Ended September 30, 2014	Options	Weighted Average Exercise Price
	Balance at January 1, 2014	159,165	$	11.03
	Granted	10,000		14.84
	Forfeited	-5,000		11.81
	Exercised	-2,500		10.42
	Balance at September 30, 2014	161,665		11.25
	Options exercisable at September 30, 2014	15,972	$	14.81
	Three months Ended September 30, 2013	Options	Weighted Average Exercise Price
	Balance at July 1, 2013	166,075	$	11.35
	Forfeited	-750		10.77
	Exercised	-2,500		10.42
	Balance at September 30, 2013	162,825		11.37
	Nine months Ended September 30, 2013	Options	Weighted Average Exercise Price
	Balance at January 1, 2013	174,467	$	11.2
	Granted	5,000		12.84
	Forfeited	-6,850		11.47
	Exercised	-9,792		9.02
	Balance at September 30, 2013	162,825		11.37
	Options exercisable at September 30, 2013	13,915	$	14.79

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2014
Stockholders' Equity Note [Abstract]	'
Schedule of earnings per share	'
	Income per common share for the three and nine months ended September 30, 2014 and for the three and nine months ended September 30, 2013 were calculated as follows:
		FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2014
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	1,141,713
	Basic income available to
	common shareholders	$	1,141,713		4,461,388	$	0.26
	Effect of dilutive options				116,074
	Diluted income available to common
	shareholders	$	1,141,713		4,577,462	$	0.25
		FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	3,207,438
	Basic income available to
	common shareholders	$	3,207,438		4,461,388	$	0.72
	Effect of dilutive options				115,505
	Diluted income available to common
	shareholders	$	3,207,438		4,576,893	$	0.7
		FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2013
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	1,064,177
	Basic income available to
	common shareholders	$	1,064,177		4,454,669	$	0.24
	Effect of dilutive options				—
	Diluted income available to common
	shareholders	$	1,064,177		4,454,669	$	0.24
		FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2013
		INCOME		SHARES		PER SHARE
		(NUMERATOR)		(DENOMINATOR)		AMOUNT
	Net income	$	3,107,056
	Basic income available to
	common shareholders	$	3,107,056		4,450,997	$	0.7
	Effect of dilutive options				—
	Diluted income available to common
	shareholders	$	3,107,056		4,450,997	$	0.7

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Schedule of assets and liabilities measured at fair value on a recurring basis	'
	Assets and liabilities measured at fair value on a recurring basis at September 30, 2014 and December 31, 2013 are as follows:
	Balance
	at
	30-Sep-14
		Quoted Market Price in active markets			Significant Other Observable Inputs		Significant Unobservable Inputs		Total
		(Level 1)			(Level 2)		(Level 3)
	US Treasury	$	29,922,266		$	—	$	—	$	29,922,266
	Notes
	Government Sponsored	$	—		$	42,163,057	$	—	$	42,163,057
	Enterprises
	Municipal Securities	$	—		$	33,267,841	$	1,374,825	$	34,642,666
	Total	$	29,922,266		$	75,430,898	$	1,374,825	$	106,727,989
	Balance
	at
	31-Dec-13
		Quoted Market Price in active markets			Significant Other Observable Inputs		Significant Unobservable Inputs		Total
		(Level 1)			(Level 2)		(Level 3)
	US Treasury	$	15,832,401		$	—	$	—	$	15,832,401
	Notes
	Government Sponsored	$	—		$	43,635,038	$	—	$	43,635,038
	Enterprises
	Municipal Securities	$	—		$	33,655,445	$	1,525,337	$	35,180,782
	Total	$	15,832,401		$	77,290,483	$	1,525,337	$	94,648,221
Schedule of assets and liabilities measured at fair value measured on a nonrecurring basis	'
	The following table presents the assets and liabilities carried on the balance sheet by caption and by level within the valuation hierarchy (as described above) as of September 30, 2014 and December 31, 2013, for which a nonrecurring change in fair value has been recorded during the nine months ended September 30, 2014 and twelve months ended December 31, 2013.
	30-Sep-14
		Quoted Market Price in active markets			Significant Other Observable Inputs		Significant Unobservable Inputs		Total
		(Level 1)			(Level 2)		(Level 3)
	Impaired loans	$	—		$	—	$	6,362,351	$	6,362,351
	Mortgage loans held for sale		—			6,630,450		—		6,630,450
	Other real estate owned		—			521,943		—		521,943
	Total	$	—		$	7,152,393	$	6,362,351	$	13,514,744
	31-Dec-13
		Quoted			Significant		Significant Unobservable		Balance
		Market Price			Other		Inputs		at
		in active			Observable Inputs		(Level 3)		31-Dec-13
		markets			(Level 2)
		(Level 1)
	Impaired loans	$	—		$	—	$	4,959,281	$	4,959,281
	Mortgage loans held for sale		—			4,739,343		—		4,739,343
	Other real estate owned		—			—		—		—
	Total	$	—		$	4,739,343	$	4,959,281	$	9,698,624
				Inputs
		Valuation Technique		Unobservable Input	General Range of Inputs
	Nonrecurring measurements:
	Impaired Loans	Discounted Appraisals		Collateral Discounts	0-25%
Schedule of carrying amount, estimated fair value and the financial hierarchy of entity's financial instruments	'
	The following table presents the carrying amount, fair value, and placement in the fair value hierarchy of our financial instruments as of September 30, 2014 and December 31, 2013. This table excludes financial instruments for which the carrying amount approximates fair value. For short-term financial assets such as cash and cash equivalents, the carrying amount is a reasonable estimate of fair value due to the relatively short time between the origination of the instrument and its expected realization.
	30-Sep-14
	Fair Value Measurement
		Carrying			Fair Value		Quoted Prices in Active Markets for Identical		Significant Other		Significant
		Amount					Assets or		Observable		Unobservable
							Liabilities		Inputs		Inputs
							(Level 1)		(Level 2)		(Level 3)
	Financial Instruments-Assets
	Loans	$	229,673,109		$	229,775,247	$	—	$	—	$	229,775,247
	Financial Instruments- Liabilities
	Deposits	$	329,275,435		$	329,304,426	$	—	$	329,304,426	$	—
	31-Dec-13
	Fair Value Measurement
		Carrying			Fair Value		Quoted Prices		Significant Other		Significant
		Amount					in Active		Observable		Unobservable
							Markets for Identical		Inputs		Inputs
							Assets or		(Level 2)		(Level 3)
							Liabilities
							(Level 1)
	Financial Instruments-Assets
	Loans	$	218,320,304		$	218,406,792	$	—	$	—	$	218,406,792
	Financial Instruments- Liabilities
	Deposits	$	305,242,655		$	305,269,155	$	—	$	305,269,155	$	—
Schedule of off balance sheet financial instruments	'
		30-Sep-14
		Notional			Fair Value
		Amount
	Off Balance Sheet Financial
	Instruments:
	Commitments to extend credit	$	59,283,544		$	—
	Standby letters of credit		657,593			—
		31-Dec-13
		Notional			Fair Value
		Amount
	Off Balance Sheet Financial
	Instruments:
	Commitments to extend credit	$	64,830,461		$	—
	Standby letters of credit		557,593			—

Loans_and_Allowance_for_Loan_L2

Loans and Allowance for Loan Losses (Details Narrative) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Receivables [Abstract]	'	'
Loan previously on non-accrual placed on accrual status	$54,959	'
Loan placed on non-accrual status	83,042	'
Troubled debt restructurings	473,119	1,196,341
Loan removed from troubled debt restructuring	496,090	'
Troubled debt restructurings subsequently repaid	'	$106,194

Loans_and_Allowance_for_Loan_L3

Loans and Allowance for Loan Losses (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Loans Receivable on Non-Accrual	$756,471	$1,575,440
Commercial [Member]	'	'
Loans Receivable on Non-Accrual	83,042	'
Commercial Real Estate Other [Member]	'	'
Loans Receivable on Non-Accrual	673,429	1,507,209
Consumer Real Estate [Member]	'	'
Loans Receivable on Non-Accrual	'	$68,231

Loans_and_Allowance_for_Loan_L4

Loans and Allowance for Loan Losses (Details 1) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Delinquent loans, excluding mortgage loans held for sale	'	'
30-59 Days Past Due	$317,421	$945,106
60-89 Days Past Due	1,197,329	304,514
Greater Than 90 Days	342,826	754,168
Total Past Due	1,857,576	2,003,788
Current	227,815,533	216,316,516
Total Loans Receivable	229,673,109	218,320,304
Recorded Investment > 90 Days and Accruing	78,792	'
Commercial [Member]	'	'
Delinquent loans, excluding mortgage loans held for sale	'	'
30-59 Days Past Due	102,737	230,848
60-89 Days Past Due	38,450	78,200
Greater Than 90 Days	83,042	'
Total Past Due	224,229	309,048
Current	48,496,367	52,994,521
Total Loans Receivable	48,720,596	53,303,569
Commercial Real Estate Construction [Member]	'	'
Delinquent loans, excluding mortgage loans held for sale	'	'
Current	1,529,534	1,516,545
Total Loans Receivable	1,529,534	1,516,545
Commercial Real Estate Other [Member]	'	'
Delinquent loans, excluding mortgage loans held for sale	'	'
30-59 Days Past Due	213,789	689,859
60-89 Days Past Due	927,847	226,314
Greater Than 90 Days	180,992	754,168
Total Past Due	1,322,628	1,670,341
Current	113,838,731	103,070,237
Total Loans Receivable	115,161,359	104,740,578
Consumer Real Estate [Member]	'	'
Delinquent loans, excluding mortgage loans held for sale	'	'
60-89 Days Past Due	227,826	'
Greater Than 90 Days	78,792	'
Total Past Due	306,618	'
Current	58,919,399	54,669,359
Total Loans Receivable	59,226,017	54,669,359
Recorded Investment > 90 Days and Accruing	78,792	'
Consumer Other [Member]	'	'
Delinquent loans, excluding mortgage loans held for sale	'	'
30-59 Days Past Due	895	24,399
60-89 Days Past Due	3,206	'
Total Past Due	4,101	24,399
Current	5,031,502	4,065,854
Total Loans Receivable	$5,035,603	$4,090,253

Loans_and_Allowance_for_Loan_L5

Loans and Allowance for Loan Losses (Details 2) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Impaired and Restructured Loans with no related allowance recorded	'	'	'	'	'
Unpaid Principal Balance With no related allowance recorded	$2,884,750	'	$2,884,750	'	$2,884,750
Recorded Investment With no related allowance recorded	4,140,390	'	4,140,390	'	2,884,750
Average Recorded Investment With no related allowance recorded	4,155,740	3,269,748	4,253,708	3,327,918	'
Interest Income Recognized With no related allowance recorded	55,117	55,637	143,838	159,629	'
Impaired and Restructured Loans with an allowance recorded	'	'	'	'	'
Unpaid Principal Balance With an allowance recorded	3,755,856	'	3,755,856	'	4,252,157
Recorded Investment With an allowance recorded	3,755,856	'	3,755,856	'	4,252,157
Related Allowance	1,533,895	'	1,533,895	'	2,177,626
Average Recorded Investment With an allowance recorded	3,786,183	4,286,311	3,856,576	4,324,079	'
Interest Income Recognized With an allowance recorded	47,072	46,968	131,513	129,890	'
Grand Total of Impaired and Restructured Loans	'	'	'	'	'
Unpaid Principal balance	7,896,246	'	7,896,246	'	7,136,907
Recorded Investment	7,896,246	'	7,896,246	'	7,136,907
Average Recorded Investment	7,941,923	7,556,059	8,110,284	7,651,997	'
Interest Income Recognized	102,189	102,605	275,351	289,519	'
Commercial [Member]	'	'	'	'	'
Impaired and Restructured Loans with no related allowance recorded	'	'	'	'	'
Unpaid Principal Balance With no related allowance recorded	977,011	'	977,011	'	471,080
Recorded Investment With no related allowance recorded	977,011	'	977,011	'	471,080
Average Recorded Investment With no related allowance recorded	591,490	804,636	603,268	811,733	'
Interest Income Recognized With no related allowance recorded	12,344	8,543	34,784	25,437	'
Impaired and Restructured Loans with an allowance recorded	'	'	'	'	'
Unpaid Principal Balance With an allowance recorded	1,247,602	'	1,247,602	'	1,175,329
Recorded Investment With an allowance recorded	1,247,602	'	1,247,602	'	1,175,329
Related Allowance	872,728	'	872,728	'	1,175,329
Average Recorded Investment With an allowance recorded	1,270,229	1,193,245	1,320,051	1,226,085	'
Interest Income Recognized With an allowance recorded	14,578	14,683	42,558	44,758	'
Commercial Real Estate (Member)	'	'	'	'	'
Impaired and Restructured Loans with no related allowance recorded	'	'	'	'	'
Unpaid Principal Balance With no related allowance recorded	2,811,686	'	2,811,686	'	2,213,271
Recorded Investment With no related allowance recorded	2,811,686	'	2,811,686	'	2,213,271
Average Recorded Investment With no related allowance recorded	3,212,538	2,155,957	3,298,665	2,206,032	'
Interest Income Recognized With no related allowance recorded	40,197	43,828	100,952	124,012	'
Impaired and Restructured Loans with an allowance recorded	'	'	'	'	'
Unpaid Principal Balance With an allowance recorded	1,789,119	'	1,789,119	'	2,191,875
Recorded Investment With an allowance recorded	1,789,119	'	1,789,119	'	2,191,875
Related Allowance	470,189	'	470,189	'	535,766
Average Recorded Investment With an allowance recorded	1,794,000	2,178,231	1,803,242	2,176,966	'
Interest Income Recognized With an allowance recorded	21,439	20,323	61,062	57,605	'
Consumer Real Estate [Member]	'	'	'	'	'
Impaired and Restructured Loans with no related allowance recorded	'	'	'	'	'
Unpaid Principal Balance With no related allowance recorded	351,693	'	351,693	'	200,399
Recorded Investment With no related allowance recorded	351,693	'	351,693	'	200,399
Average Recorded Investment With no related allowance recorded	351,712	309,155	351,775	310,113	'
Interest Income Recognized With no related allowance recorded	2,576	3,266	8,102	10,180	'
Impaired and Restructured Loans with an allowance recorded	'	'	'	'	'
Unpaid Principal Balance With an allowance recorded	679,588	'	679,588	'	842,127
Recorded Investment With an allowance recorded	679,588	'	679,588	'	842,127
Related Allowance	151,431	'	151,431	'	423,705
Average Recorded Investment With an allowance recorded	681,958	869,051	691,169	873,284	'
Interest Income Recognized With an allowance recorded	10,726	11,316	26,365	25,817	'
Consumer Other [Member]	'	'	'	'	'
Impaired and Restructured Loans with an allowance recorded	'	'	'	'	'
Unpaid Principal Balance With an allowance recorded	39,547	'	39,547	'	42,826
Recorded Investment With an allowance recorded	39,547	'	39,547	'	42,826
Related Allowance	39,547	'	39,547	'	42,826
Average Recorded Investment With an allowance recorded	39,996	45,784	42,114	47,744	'
Interest Income Recognized With an allowance recorded	$419	$646	$1,528	$1,710	'

Loans_and_Allowance_for_Loan_L6

Loans and Allowance for Loan Losses (Details 3) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Credit risks by category and internally assigned grades	'	'
Loans	$229,673,109	$218,320,304
Pass [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	214,014,568	200,393,484
Watch [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	5,001,923	5,989,068
OAEM [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	2,865,007	3,511,134
Substandard [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	7,791,611	8,426,618
Commercial [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	48,720,596	53,303,569
Commercial [Member] | Pass [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	44,173,792	48,383,912
Commercial [Member] | Watch [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	1,609,929	1,962,292
Commercial [Member] | OAEM [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	712,263	546,938
Commercial [Member] | Substandard [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	2,224,613	2,410,427
Commercial Real Estate Construction [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	1,529,534	1,516,545
Commercial Real Estate Construction [Member] | Pass [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	1,078,017	1,516,545
Commercial Real Estate Construction [Member] | OAEM [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	454,517	'
Commercial Real Estate Other [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	115,161,359	104,740,578
Commercial Real Estate Other [Member] | Pass [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	107,912,498	95,942,918
Commercial Real Estate Other [Member] | Watch [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	1,566,966	1,902,129
Commercial Real Estate Other [Member] | OAEM [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	1,185,932	2,234,023
Commercial Real Estate Other [Member] | Substandard [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	4,495,963	4,661,508
Consumer Real Estate [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	59,226,017	54,669,359
Consumer Real Estate [Member] | Pass [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	56,139,988	50,846,709
Consumer Real Estate [Member] | Watch [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	1,582,122	1,933,566
Consumer Real Estate [Member] | OAEM [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	472,419	654,076
Consumer Real Estate [Member] | Substandard [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	1,031,488	1,235,008
Consumer Other [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	5,035,603	4,090,253
Consumer Other [Member] | Pass [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	4,710,273	3,703,400
Consumer Other [Member] | Watch [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	242,907	191,081
Consumer Other [Member] | OAEM [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	42,876	76,097
Consumer Other [Member] | Substandard [Member]	'	'
Credit risks by category and internally assigned grades	'	'
Loans	$39,547	$119,675

Loans_and_Allowance_for_Loan_L7

Loans and Allowance for Loan Losses (Details 4) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Activity in the allowance for loan losses by portfolio segment	'	'	'	'	'
Beginning Balance	$3,379,808	$3,359,915	$3,292,277	$3,432,844	$3,432,844
Charge-offs	-18,838	-24,980	-26,920	-277,827	-391,401
Recoveries	12,206	26,712	57,819	36,630	43,334
Provisions	12,500	25,000	62,500	195,000	207,500
Ending Balance	3,385,676	3,386,647	3,385,676	3,386,647	3,292,277
Individually evaluated for impairment	1,533,895	2,193,551	1,533,895	2,193,551	2,177,626
Collectively evaluated for impairment	1,851,781	1,193,096	1,851,781	1,193,096	1,114,651
Individually evaluated for impairment	7,896,246	7,440,997	7,896,246	7,440,997	7,136,907
Collectively evaluated for impairment	221,776,863	217,170,085	221,776,863	217,170,085	211,183,397
Commercial [Member]	'	'	'	'	'
Activity in the allowance for loan losses by portfolio segment	'	'	'	'	'
Beginning Balance	1,133,997	1,463,641	1,398,184	1,478,450	1,478,450
Charge-offs	'	'	'	-235,016	-245,599
Recoveries	'	20,070	'	23,003	23,004
Provisions	-44,602	-63,485	-308,789	153,789	142,329
Ending Balance	1,089,395	1,420,226	1,089,395	1,420,226	1,398,184
Individually evaluated for impairment	872,728	1,180,169	872,728	1,180,169	1,175,329
Collectively evaluated for impairment	216,667	240,057	216,667	240,057	222,855
Individually evaluated for impairment	2,224,613	1,659,845	2,224,613	1,659,845	1,646,409
Collectively evaluated for impairment	46,495,983	56,419,355	46,495,983	56,419,355	51,657,160
Commercial Real Estate (Member)	'	'	'	'	'
Activity in the allowance for loan losses by portfolio segment	'	'	'	'	'
Beginning Balance	981,752	699,761	966,781	584,646	584,646
Charge-offs	-15,834	'	-19,787	'	'
Recoveries	12,000	5,849	31,100	11,849	15,348
Provisions	-76,163	251,063	-76,339	360,178	366,787
Ending Balance	901,755	956,673	901,755	956,673	966,781
Individually evaluated for impairment	470,189	520,246	470,189	520,246	535,766
Collectively evaluated for impairment	431,566	436,427	431,566	436,427	431,015
Individually evaluated for impairment	4,600,806	4,560,870	4,600,806	4,560,870	4,405,146
Collectively evaluated for impairment	110,560,553	103,017,870	110,560,553	103,017,870	101,851,977
Consumer Real Estate [Member]	'	'	'	'	'
Activity in the allowance for loan losses by portfolio segment	'	'	'	'	'
Beginning Balance	554,862	846,332	641,194	890,728	890,728
Provisions	-23,365	-214,286	-109,697	-258,682	-249,534
Ending Balance	531,497	632,046	531,497	632,046	641,194
Individually evaluated for impairment	151,431	448,060	151,431	448,060	423,705
Collectively evaluated for impairment	380,066	183,986	380,066	183,986	217,489
Individually evaluated for impairment	1,031,280	1,175,206	1,031,280	1,175,206	1,042,526
Collectively evaluated for impairment	59,724,271	53,403,098	59,724,271	53,403,098	53,626,833
Consumer Other [Member]	'	'	'	'	'
Activity in the allowance for loan losses by portfolio segment	'	'	'	'	'
Beginning Balance	76,441	86,721	80,214	102,953	102,953
Charge-offs	-3,004	-24,980	-7,133	-42,811	-145,802
Recoveries	206	793	26,719	1,778	4,982
Provisions	10,987	20,805	-15,170	21,419	118,081
Ending Balance	84,630	83,339	84,630	83,339	80,214
Individually evaluated for impairment	39,547	45,076	39,547	45,076	42,826
Collectively evaluated for impairment	45,083	38,263	45,083	38,263	37,388
Individually evaluated for impairment	39,547	45,076	39,547	45,076	42,826
Collectively evaluated for impairment	4,996,056	4,329,762	4,996,056	4,329,762	4,047,427
Unallocated [Member]	'	'	'	'	'
Activity in the allowance for loan losses by portfolio segment	'	'	'	'	'
Beginning Balance	632,756	263,460	205,904	376,067	376,067
Provisions	145,643	30,903	572,495	-81,704	-170,163
Ending Balance	778,399	294,363	778,399	294,363	205,904
Collectively evaluated for impairment	$778,399	$294,363	$778,399	$294,363	$205,904

Loans_and_Allowance_for_Loan_L8

Loans and Allowance for Loan Losses (Details 5) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Restructured loans (loans, still accruing interest):	'	'
Post-Modification Outstanding Recorded Investment	$473,119	$1,196,341
Commercial [Member]	'	'
Restructured loans (loans, still accruing interest):	'	'
Modification Number of Contracts	'	1
Pre-Modification Outstanding Recorded Investment	'	106,194
Post-Modification Outstanding Recorded Investment	'	106,194
Commercial Real Estate (Member)	'	'
Restructured loans (loans, still accruing interest):	'	'
Modification Number of Contracts	2	3
Pre-Modification Outstanding Recorded Investment	473,119	1,090,147
Post-Modification Outstanding Recorded Investment	$473,119	$1,090,147

Premises_Equipment_and_Leaseho1

Premises, Equipment and Leasehold Improvements and Depreciation (Details Narrative)	9 Months Ended
	Sep. 30, 2014
Buildings (Member)	'
Useful life	'40 years
Equipment (Member) | Lower Range (Member)	'
Useful life	'3 years
Equipment (Member) | Upper Range (Member)	'
Useful life	'15 years

Other_Real_Estate_Owned_Detail

Other Real Estate Owned (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
Summary of activity in other real estate owned:	'
Additions - foreclosure	$557,416
Sales	35,473
Balance, end of period	$521,943

Stock_Based_Compensation_Detai

Stock Based Compensation (Details Narrative)

0 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

Aug. 26, 2010

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Dec. 31, 2012

Apr. 13, 2010

Jul. 24, 2014

Jun. 27, 2014

Sep. 30, 2014

2010 Stock Incentive Plan

2010 Stock Incentive Plan

2010 Stock Incentive Plan

1998 Stock Incentive Plan (Member)

Award Date - 07/24/2014

Award Date - June 27, 2014

Number of share authorized under stock incentive plan, as adjusted

'

'

'

'

'

'

'

'

330,000

'

'

'

Stock Incentive Plan Adjustment

'

'

'

'

'

'

'

'

'Adjusted for 10% stock dividend

'

'

'

Stock dividend

10.00%

'

'

'

'

'

'

'

'

'

'

'

Granted options to employees

'

10,000

10,000

5,000

'

'

'

'

'

10,000

5,000

'

Fair value inputs for option granted:

'

'

'

'

'

'

'

'

'

'

'

'

Dividend yield

'

'

'

'

'

'

'

'

'

3.74%

3.98%

'

Volatility

'

'

'

'

'

'

'

'

'

31.69%

36.34%

'

Risk free interest rate

'

'

'

'

'

'

'

'

'

2.52%

2.49%

'

Option term

'

'

'

'

'

'

'

'

'

'10 years

'10 years

'

Options outstanding

'

161,665

161,665

162,825

152,915

159,165

166,075

174,467

'

'

'

24,915

Options exercisable

'

15,972

15,972

13,915

'

'

'

'

'

'

'

15,972

Percent of options vesting in five years

'

'

20.00%

'

'

'

'

'

'

'

'

'

Percentage of options vesting each following year

'

'

20.00%

'

'

'

'

'

'

'

'

'

Stock_Based_Compensation_Detai1

Stock Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Options	'	'	'	'
Outstanding, beginning	152,915	166,075	159,165	174,467
Granted	10,000	'	10,000	5,000
Forfeited	-1,250	-750	-5,000	-6,850
Exercised	'	-2,500	-2,500	-9,792
Outstanding, ending	161,665	162,825	161,665	162,825
Exercisable	15,972	13,915	15,972	13,915
Weighted Average Exercise Price	'	'	'	'
Outstanding, beginning	$11.03	$11.35	$11.03	$11.20
Granted	$14.84	'	$14.84	$12.84
Forfeited	$12.84	$10.77	$11.81	$11.47
Exercised	'	$10.42	$10.42	$9.02
Outstanding, ending	$11.25	$11.37	$11.25	$11.37
Exercisable	$14.81	$14.79	$14.81	$14.79

Shareholders_Equity_Details_Na

Shareholders' Equity (Details Narrative) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Cash Dividend Per Share	$0.23	$0.13	$0.49	$0.37
Dividend Declared 03/27/2014 [Member]	'	'	'	'
Cash Dividend Per Share	'	'	$0.13	'
Dividend Declared 06/26/2014 [Member]	'	'	'	'
Cash Dividend Per Share	'	'	$0.13	'
Dividend Declared 09/25/2014 [Member]	'	'	'	'
Cash Dividend Per Share	'	'	$0.13	'
Special Dividend Declared 09/25/2014 [Member]	'	'	'	'
Cash Dividend Per Share	'	'	$0.10	'

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
NUMERATOR	'	'	'	'
Net income	$1,141,713	$1,064,177	$3,207,438	$3,107,056
Basic income available to common shareholders	1,141,713	1,064,177	3,207,438	3,107,056
Diluted income available to common shareholders	$1,141,713	$1,064,177	$3,207,438	$3,107,056
DENOMINATOR	'	'	'	'
Basic income available to common shareholders (in shares)	4,461,388	4,454,669	4,461,388	4,450,997
Effect of dilutive options (in shares)	116,074	'	115,505	'
Diluted income available to common shareholders (in shares)	4,577,462	4,454,669	4,576,893	4,450,997
Earning per share Basic and Diluted	'	'	'	'
Basic income available to common shareholders (in dollars per share)	$0.26	$0.24	$0.72	$0.70
Diluted income available to common shareholders (in dollars per share)	$0.25	$0.24	$0.70	$0.70

Comprehensive_Income_Details_N

Comprehensive Income (Details Narrative) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Comprehensive Income	'	'	'	'
Total comprehensive income	$1,060,397	$540,560	$3,298,203	$2,005,734

Fair_Value_Measurements_Detail

Fair Value Measurements (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Other real estate owned sold during period	$35,473

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Assets and liabilities measured at fair value on a recurring basis:	'	'
US Treasury Note	$29,922,266	$15,832,401
Government Sponsored Enterprises	42,163,057	43,635,038
Municipal Securities	34,642,666	35,180,782
Total	106,727,989	94,648,221
Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]	'	'
Assets and liabilities measured at fair value on a recurring basis:	'	'
US Treasury Note	29,922,266	15,832,401
Total	29,922,266	15,832,401
Recurring Basis [Member] | Significant Other Observable Inputs (Level 2) [Member]	'	'
Assets and liabilities measured at fair value on a recurring basis:	'	'
Government Sponsored Enterprises	42,163,057	43,635,038
Municipal Securities	33,267,841	33,655,445
Total	75,430,898	77,290,483
Recurring Basis [Member] | Significant Unobservable Inputs (Level 3) [Member]	'	'
Assets and liabilities measured at fair value on a recurring basis:	'	'
Municipal Securities	1,374,825	1,525,337
Total	$1,374,825	$1,525,337

Fair_Value_Measurements_Detail2

Fair Value Measurements (Details 1) (Nonrecurring Basis [Member], USD $)	Sep. 30, 2014	Dec. 31, 2013
Significant Other Observable Inputs (Level 2) [Member]	'	'
Assets and liabilities are measured at fair value on a nonrecurring basis:	'	'
Mortgage loans held for sale	$6,630,450	$4,739,343
Other real estate owned	521,943	'
Total	7,152,393	4,739,343
Significant Unobservable Inputs (Level 3) [Member]	'	'
Assets and liabilities are measured at fair value on a nonrecurring basis:	'	'
Impaired loans	6,362,351	4,959,281
Total	6,362,351	4,959,281
Fair Value (Member)	'	'
Assets and liabilities are measured at fair value on a nonrecurring basis:	'	'
Impaired loans	6,362,351	4,959,281
Mortgage loans held for sale	6,630,450	4,739,343
Other real estate owned	521,943	'
Total	$13,514,744	$9,698,624

Fair_Value_Measurements_Detail3

Fair Value Measurements (Details 2) (Impaired Loans (Member))	9 Months Ended
	Sep. 30, 2014
Impaired Loans (Member)	'
Valuation technique	'Discounted Appraisals
Significant unobservable inputs	'Collateral Discounts
General range of significant input values, minimum	0.00%
General range of significant input values, maximum	25.00%

Fair_Value_Measurements_Detail4

Fair Value Measurements (Details 3) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Significant Other Observable Inputs (Level 2) [Member]	'	'
Financial Instruments-Liabilities	'	'
Deposits	$329,304,426	$305,269,155
Significant Unobservable Inputs (Level 3) [Member]	'	'
Financial Instruments-Assets	'	'
Loans	229,775,247	218,406,792
Carrying Amount [Member]	'	'
Financial Instruments-Assets	'	'
Loans	229,673,109	218,320,304
Financial Instruments-Liabilities	'	'
Deposits	329,275,435	305,242,655
Fair Value (Member)	'	'
Financial Instruments-Assets	'	'
Loans	229,775,247	218,406,792
Financial Instruments-Liabilities	'	'
Deposits	$329,304,426	$305,269,155

Fair_Value_Measurements_Detail5

Fair Value Measurements (Details 4) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Commitments to extend credit [Member]	'	'
Off Balance Sheet Financial Instruments, Notional Amount	$59,283,544	$64,830,461
Standby letters of credit [Member]	'	'
Off Balance Sheet Financial Instruments, Notional Amount	$657,593	$557,593