Citizens Holding (CIZN) 10-Q 11 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 08, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Trading Symbol	'CIZN	'
Entity Registrant Name	'CITIZENS HOLDING CO /MS/	'
Entity Central Index Key	'0001075706	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	4,877,614

Consolidated_Statements_of_Con

Consolidated Statements of Condition (USD $)	Jun. 30, 2014	Dec. 31, 2013
ASSETS	'	'
Cash and due from banks	$22,135,487	$16,040,195
Interest bearing deposits with other banks	6,923,219	684,100
Investment securities held to maturity, at book value	205,717,189	'
Investment securities available for sale, at fair value	201,585,598	398,176,402
Loans, net of allowance for loan losses of $8,539,428 in 2014 and $8,077,499 in 2013	381,203,975	384,104,766
Premises and equipment, net	19,702,981	18,623,154
Other real estate owned, net	3,368,999	3,751,168
Accrued interest receivable	3,938,291	4,132,053
Cash value of life insurance	21,927,499	22,208,962
Intangible assets, net	3,149,657	3,149,657
Other assets	18,181,057	22,198,442
TOTAL ASSETS	887,833,952	873,068,899
Deposits:	'	'
Noninterest-bearing demand	140,377,329	120,424,895
Interest-bearing NOW and money market accounts	263,573,417	248,015,410
Savings deposits	59,378,201	53,745,787
Certificates of deposit	228,118,418	232,443,704
Total deposits	691,447,365	654,629,796
Securities sold under agreement to repurchase	76,701,609	82,420,781
Federal funds purchased	'	27,500,000
Federal Home Loan Bank advances	33,500,000	33,500,000
Accrued interest payable	183,395	199,513
Deferred compensation payable	7,093,713	6,719,948
Other liabilities	1,274,847	1,832,659
Total liabilities	810,200,929	806,802,697
SHAREHOLDERS' EQUITY	'	'
Common stock; $.20 par value, 22,500,000 shares authorized, 4,877,614 shares outstanding at June 30, 2014 and 4,870,114 shares outstanding at December 31, 2013	975,482	974,023
Additional paid-in capital	3,769,717	3,748,176
Retained earnings	84,536,046	82,792,524
Accumulated other comprehensive loss, net of tax benefit of $6,929,485 in 2014 and $12,640,667 in 2013	-11,648,222	-21,248,521
Total shareholders' equity	77,633,023	66,266,202
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$887,833,952	$873,068,899

Consolidated_Statements_of_Con1

Consolidated Statements of Condition (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Loans, allowance for loan losses	$8,539,428	$8,077,499
Common stock, par value	$0.20	$0.20
Common stock, shares authorized	22,500,000	22,500,000
Common stock, shares outstanding	4,877,614	4,870,114
Accumulated other comprehensive loss, applicable taxes	$6,929,485	$12,640,667

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
INTEREST INCOME	'	'	'	'
Loans, including fees	$5,067,445	$5,120,642	$10,111,355	$10,319,823
Investment securities	2,851,155	2,850,563	5,748,124	5,621,329
Other interest	6,913	19,714	11,962	37,414
Total interest income	7,925,513	7,990,919	15,871,441	15,978,566
INTEREST EXPENSE	'	'	'	'
Deposits	421,870	494,614	840,166	1,014,757
Other borrowed funds	312,081	690,468	622,644	1,402,551
Total interest expense	733,951	1,185,082	1,462,810	2,417,308
NET INTEREST INCOME	7,191,562	6,805,837	14,408,631	13,561,258
PROVISION FOR LOAN LOSSES	211,535	574,595	572,903	749,104
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	6,980,027	6,231,242	13,835,728	12,812,154
OTHER INCOME	'	'	'	'
Service charges on deposit accounts	963,826	913,942	1,893,557	1,804,799
Other service charges and fees	524,695	473,586	1,009,132	926,513
Other income	995,101	541,342	1,364,413	878,549
Total other income	2,483,622	1,928,870	4,267,102	3,609,861
OTHER EXPENSES	'	'	'	'
Salaries and employee benefits	3,252,370	3,336,317	6,608,207	6,642,487
Occupancy expense	1,570,995	1,111,195	2,544,057	2,223,706
Other operating expense	2,222,630	1,699,519	4,262,594	3,838,002
Total other expenses	7,045,995	6,147,031	13,414,858	12,704,195
INCOME BEFORE PROVISION FOR INCOME TAXES	2,417,654	2,013,081	4,687,972	3,717,820
PROVISION FOR INCOME TAXES	325,135	409,337	798,300	699,630
NET INCOME	$2,092,519	$1,603,744	$3,889,672	$3,018,190
NET INCOME PER SHARE	'	'	'	'
-Basic	$0.43	$0.33	$0.80	$0.62
-Diluted	$0.43	$0.33	$0.80	$0.62
DIVIDENDS PAID PER SHARE	$0.22	$0.22	$0.44	$0.44

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net income	$2,092,519	$1,603,744	$3,889,672	$3,018,190
Other comprehensive income (loss)	'	'	'	'
Unrealized holding gains (losses)	22,449,569	-28,291,193	31,968,113	-26,037,912
Income tax effect	-8,373,689	8,871,667	-11,924,106	9,712,141
Net unrealized gains (losses) , securities available-for-sale	14,075,880	-19,419,526	20,044,007	-16,325,771
Reclassification adjustment for gains included in net income	-9,102	-154,655	-9,102	-154,655
Income tax effect	3,395	57,686	3,395	57,686
Net gains (losses) included in net income	-5,707	-96,969	-5,707	-96,969
Securities held-to-maturity	'	'	'	'
Unrealized losses transferred to held-to-maturity	-17,061,438	'	-17,061,438	'
Amortization of net unrealized losses transferred during the period	413,908	'	413,908	'
Income tax effect	6,209,529	'	6,209,529	'
Net unrealized gains (losses), securities held-to-maturity	-10,438,001	'	-10,438,001	'
Total other comprehensive income (loss)	3,632,172	-19,516,495	9,600,299	-16,422,740
Comprehensive income (loss)	$5,724,691	($17,912,751)	$13,489,971	($13,404,550)

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Cash Flows (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net cash provided by operating activities	$3,850,163	$6,335,193
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Proceeds from maturities and calls of securities available for sale	4,609,491	74,355,294
Proceeds from sales of securities available for sale	1,381,596	37,061,134
Purchases of investment securities available for sale	'	-135,615,144
Purchases of bank premises and equipment	-1,654,936	-101,530
(Decrease) increase in interest bearing deposits with other banks	-6,239,119	12,690,510
Proceeds from sale of other real estate	339,934	1,032,649
Redemption of Federal Home Loan Bank Stock	449,700	'
Net decrease in loans	1,906,215	4,023,265
Net cash provided by (used by) investing activities	792,881	-6,553,822
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Net increase in deposits	36,817,569	10,605,894
Net change in securities sold under agreement to repurchase	-5,719,172	-8,862,666
Proceeds from exercising stock options	'	128,950
Decrease in Federal Home Loan Bank advances	'	-25,000,000
(Decrease) increase in federal funds purchased	-27,500,000	23,500,000
Payment of dividends	-2,146,149	-2,142,520
Net cash provided (used by) by financing activities	1,452,248	-1,770,342
Net increase (decrease) in cash and due from banks	6,095,292	-1,988,971
Cash and due from banks, beginning of period	16,040,195	21,561,288
Cash and due from banks, end of period	$22,135,487	$19,572,317

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2014
Basis of Presentation	'
	Note 1. Basis of Presentation
	These interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America GAAP. However, these financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. The interim consolidated financial statements are unaudited and reflect all adjustments and reclassifications, which, in the opinion of management, are necessary for a fair presentation of the results of operations and financial condition as of and for the interim periods presented. All adjustments and reclassifications are of a normal and recurring nature. Results for the period ended June 30, 2014 are not necessarily indicative of the results that may be expected for any other interim periods or for the year as a whole.
	The interim consolidated financial statements of Citizens Holding Company include the accounts of its wholly-owned subsidiary, The Citizens Bank of Philadelphia (the “Bank” and collectively with Citizens Holding Company, the “Corporation”). All significant intercompany transactions have been eliminated in consolidation.
	For further information and significant accounting policies of the Corporation, see the Notes to Consolidated Financial Statements of Citizens Holding Company included in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission on March 14, 2014.

Commitments_and_Contingent_Lia

Commitments and Contingent Liabilities	6 Months Ended
	Jun. 30, 2014
Commitments and Contingent Liabilities	'
	Note 2. Commitments and Contingent Liabilities
	In the ordinary course of business, the Corporation enters into commitments to extend credit to its customers. The unused portion of these commitments is not reflected in the accompanying financial statements. As of June 30, 2014, the Corporation had entered into loan commitments with certain customers with an aggregate unused balance of $57,418,522 compared to an aggregate unused balance of $40,701,380 at December 31, 2013. There was $2,753,980 of letters of credit outstanding at June 30, 2014 and $2,809,330 at December 31, 2013. The fair value of such contracts is not considered material because letters of credit and loan commitments often are not used in their entirety, if at all, before they expire. The balances of such letters and commitments should not be used to project actual future liquidity requirements. However, the Corporation does incorporate expectations about the level of draws under its credit-related commitments into its asset and liability management program.
	The Corporation is a party to lawsuits and other claims that arise in the ordinary course of business, all of which are being vigorously contested. In the regular course of business, management evaluates estimated losses or costs related to litigation, and provisions are made for anticipated losses whenever management believes that such losses are probable and can be reasonably estimated. At the present time, management believes, based on the advice of legal counsel, that the final resolution of pending legal proceedings will not likely have a material impact on the Corporation’s consolidated financial condition or results of operations.

Net_Income_per_Share

Net Income per Share	6 Months Ended
	Jun. 30, 2014
Net Income per Share	'
	Note 3. Net Income per Share
	Net income per share - basic has been computed based on the weighted average number of shares outstanding during each period. Net income per share - diluted has been computed based on the weighted average number of shares outstanding during each period plus the dilutive effect of outstanding stock options using the treasury stock method. Net income per share was computed as follows:
		For the Three Months				For the Six Months
		Ended June 30,				Ended June 30,
		2014		2013		2014		2013
	Basic weighted average shares outstanding		4,870,114		4,868,977		4,870,114		4,866,237
	Dilutive effect of granted options		704		588		535		3,363
	Diluted weighted average shares outstanding		4,870,818		4,869,565		4,870,649		4,869,600
	Net income	$	2,092,519	$	1,603,744	$	3,889,672	$	3,018,190
	Net income per share-basic	$	0.43	$	0.33	$	0.8	$	0.62
	Net income per share-diluted	$	0.43	$	0.33	$	0.8	$	0.62

Equity_Compensation_Plans

Equity Compensation Plans	6 Months Ended
	Jun. 30, 2014
Equity Compensation Plans	'
	Note 4. Equity Compensation Plans
	Prior to the adoption of the 2013 Plan , as defined below, the Corporation utilized two stock-based compensation plans, the 1999 Directors’ Stock Compensation Plan (the “Directors’ Plan”) for directors, and prior to its expiration, the 1999 Employees’ Long-Term Incentive Plan, (the “Employees’ Plan”), for employees.
	The following table is a summary of the stock option activity for the six months ended June 30, 2014.
		Directors’ Plan					Employees’ Plan					2013 Plan
		Number			Weighted		Number			Weighted		Number		Weighted
		of			Average		of Shares			Average		of		Average
		Shares			Exercise					Exercise		Shares		Exercise
					Price					Price				Price
	Outstanding at December 31, 2013		103,500		$	21.3		82,000		$	22.06		—	$	—
	Granted		—			—		—			—		—		—
	Exercised		—			—		—			—		—		—
	Expired		(7,500	)		22.25		(33,500	)		21.93		—		—
	Outstanding at June 30, 2014		96,000		$	21.23		48,500		$	22.15		—	$	—
	The intrinsic value of options granted under the Directors’ Plan at June 30, 2014, was $15,810, the intrinsic value of options granted under the Employees’ Plan at June 30, 2014, was $1,530 and since there were no options granted under the 2013 Plan, the intrinsic value for the 2013 Plan is $0 for a total intrinsic value at June 30, 2014, of $17,340.
	The Corporation has adopted the 2013 Incentive Compensation Plan (the “2013 Plan”), which the Corporation intends to use for all future equity grants to employees, directors or consultants until the termination or expiration of the 2013 Plan. During the first quarter of 2014, restricted stock grants were made totaling 7,500 shares of common stock. These grants have a vesting period of one year during which time the recipients have rights to vote the shares and to receive dividends. The grant date fair value of these shares was $138,000 and will be recognized over the twelve month restriction period at a cost of $11,500 per month less deferred taxes of $4,290 per month.

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Taxes	'
	Note 5. Income Taxes
	The income tax topic of the Accounting Standards Codification (“ASC”) defines the threshold for recognizing the benefits of tax return positions in the financial statements as “more-likely-than-not” to be sustained by the taxing authority. This topic also provides guidance on the derecognition, measurement and classification of income tax uncertainties, along with any related interest and penalties, and includes guidance concerning accounting for income tax uncertainties in interim periods. As of June 30, 2014, the Corporation had no unrecognized tax benefits related to federal and state income tax matters. Therefore, the Corporation does not anticipate any material increase or decrease in the effective tax rate during 2014 relative to any tax positions taken. It is the Corporation’s policy to recognize interest and/or penalties related to income tax matters in income tax expense.
	The Corporation files a consolidated United States federal income tax return. The Corporation is currently open to audit under the statute of limitations by the Internal Revenue Service for all tax years after 2010. The Corporation’s consolidated state income tax returns are also open to audit under the statute of limitations for the same period.

Securities

Securities	6 Months Ended
	Jun. 30, 2014
Securities	'
	Note 6. Securities
	The amortized cost and estimated fair value of securities available-for-sale and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income were as follows:
		Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	June 30, 2014
	Securities available-for-sale
	Obligations of U.S. Government agencies	$	93,991,752	$	99,190	$	4,761,448	$	89,329,494
	Mortgage-backed securities		14,855,723		962,027		—		15,817,750
	State, County, Municipals		91,681,995		3,030,515		1,092,074		93,620,436
	Other investments		3,025,100		—		207,182		2,817,918
	Total	$	203,554,570	$	4,091,732	$	6,060,704	$	201,585,598
		Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	December 31, 2013
	Securities available-for-sale
	Obligations of U.S. Government agencies	$	316,305,125	$	98,740	$	33,587,465	$	282,816,400
	Mortgage-backed securities		16,476,430		719,825		29,861		17,166,394
	State, County, Municipals		96,258,584		2,309,291		3,140,470		95,427,405
	Other investments		3,025,451		—		259,248		2,766,203
	Total	$	432,065,590	$	3,127,856	$	37,017,044	$	398,176,402
	During the second quarter of 2014, the Corporation transferred securities with an amortized cost of $222,322,423 from the available for sale to the held to maturity. This transfer was completed after consideration of the Corporation’s ability and intent to hold these securities to maturity.
	The fair value of the securities transferred as of the date of transfer was $205,260,985 with a net unrealized loss of $17,061,438. In accordance with ASC 320-10-35-16, the discount on each security that resulted from this transfer is amortized over the remaining lives of the individual securities. Any unrealized holding losses on the date of the transfer are not recognized in net income but remain in accumulated other comprehensive loss. In accordance with ASC 320-10-15-10d, the unrealized loss amounts in accumulated other comprehensive loss are amortized simultaneously against interest income as the discount is accreted on the transferred securities. There is no effect on net income as the discount accretion offsets the accumulated other comprehensive loss amortization.
	The amortized cost and estimated fair value of securities held-to-maturity and the corresponding amounts of gross unrecognized gains and losses were as follows:
		Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	June 30, 2014
	Securities held-to-maturity
	Obligations of U.S. Government agencies	$	205,717,189	$	2,199,466	$	441,768	$	207,474,887
	Total	$	205,717,189	$	2,199,466	$	441,768	$	207,474,887
	As of December 31, 2013, the Corporation had not classified any securities as held-to-maturity.
	The amortized cost and estimated fair value of securities by contractual maturity at June 30, 2014 and December 31, 2013 are shown below. Actual maturities may differ from contractual maturities because issuers have the right to call or prepay certain obligations.
		June 30, 2014				December 31, 2013
		Amortized		Estimated		Amortized		Estimated
		Cost		Fair Value		Cost		Fair Value
	Available-for-sale
	Due in one year or less	$	6,923,239	$	7,025,050	$	2,429,035	$	2,448,452
	Due after one year through five years		13,565,955		13,964,319		25,040,034		26,060,534
	Due after five years through ten years		82,700,057		81,116,351		106,046,230		101,286,491
	Due after ten years		100,365,319		99,479,878		298,550,291		268,380,925
	Total	$	203,554,570	$	201,585,598	$	432,065,590	$	398,176,402
	Held-to-maturity
	Due after five years through ten years	$	18,237,573	$	18,396,756	$	—	$	—
	Due after ten years		187,479,616		189,078,131		—		—
	Total	$	205,717,189	$	207,474,887	$	—	$	—
	The tables below show the Corporation’s gross unrealized losses and fair value of available-for-sale and held-to-maturity investments, aggregated by investment category and length of time that individual investments were in a continuous loss position at June 30, 2014 and December 31, 2013.
	A summary of unrealized loss information for securities available-for-sale, categorized by security type follows (in thousands):
	June 30, 2014	Less than 12 months				12 months or more				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Description of Securities	Value		Losses		Value		Losses		Value		Losses
	Obligations of U. S. Government agencies	$	9,784	$	216	$	78,446	$	4,546	$	88,230	$	4,762
	State, County, Municipal		842		4		20,345		1,088		21,187		1,092
	Other investments		—		—		2,818		207		2,818		207
	Total	$	10,626	$	220	$	101,609	$	5,841	$	112,235	$	6,061
	December 31, 2013	Less than 12 months				12 months or more				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Description of Securities	Value		Losses		Value		Losses		Value		Losses
	Obligations of U. S. Government agencies	$	255,350	$	29,954	$	26,367	$	3,633	$	281,717	$	33,587
	Mortgage backed securities		3,581		30		—		—		3,581		30
	State, County, Municipal		20,131		1,461		10,014		1,680		30,145		3,141
	Other investments		—		—		2,766		259		2,766		259
Total	$	279,062	$	31,445	$	39,147	$	5,572	$	318,209	$	37,017
A summary of unrealized loss information for securities held-to-maturity categorized by security type follows (in thousands):
June 30, 2014	Less than 12 months				12 months or more				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
Obligations of U. S. Government agencies	$	9,206	$	60	$	18,301	$	382	$	27,507	$	442
Total	$	9,206	$	60	$	18,301	$	382	$	27,507	$	442
There were no securities designated as held-to-maturity as of December 31, 2013.

Loans

Loans	6 Months Ended
	Jun. 30, 2014
Loans	'
	Note 7. Loans
	The composition of net loans (in thousands) at June 30, 2014 and December 31, 2013 is as follows:
		June 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	36,309		$	27,224
	Farmland		29,597			29,634
	1-4 Family Mortgages		101,928			105,489
	Commercial Real Estate		146,590			145,369
	Total Real Estate Loans		314,424			307,716
	Business Loans:
	Commercial and Industrial Loans		48,616			55,813
	Farm Production and Other Farm Loans		1,253			1,308
	Total Business Loans		49,869			57,121
	Consumer Loans:
	Credit Cards		1,014			1,087
	Other Consumer Loans		25,014			26,744
	Total Consumer Loans		26,028			27,831
	Total Gross Loans		390,321			392,668
	Unearned income		(578	)		(485	)
	Allowance for loan losses		(8,539	)		(8,078	)
	Loans, net	$	381,204		$	384,105
	Loans are considered to be past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non-accrual status, when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on non-accrual status regardless of whether such loans are considered past due. When interest accruals are discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received in excess of principal due. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
	Period-end, non-accrual loans (in thousands), segregated by class, were as follows:
		June 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	114		$	136
	Farmland		221			352
	1-4 Family Mortgages		1,610			1,866
	Commercial Real Estate		10,476			8,894
	Total Real Estate Loans		12,421			11,248
	Business Loans:
	Commercial and Industrial Loans		2,117			2,224
	Total Business Loans		2,117			2,224
	Consumer Loans:
	Other Consumer Loans		126			120
	Total Consumer Loans		126			120
	Total Non-Accrual Loans	$	14,664		$	13,592
	An aging analysis of past due loans (in thousands), segregated by class, as of June 30, 2014, was as follows:
		Loans			Loans			Total Past			Current		Total		Accruing
		30-89 Days			90 or more			Due Loans			Loans		Loans		Loans
		Past Due			Days										90 or more
					Past Due										Days
															Past Due
	Real Estate:
	Land Development and Construction	$	298		$	13		$	311		$	35,998	$	36,309	$	—
	Farmland		2,285			85			2,370			27,227		29,597		21
	1-4 Family Mortgages		4,493			761			5,254			96,674		101,928		258
	Commercial Real Estate		5,853			11,260			17,113			129,477		146,590		213
	Total Real Estate Loans		12,929			12,119			25,048			289,376		314,424		492
	Business Loans:
	Commercial and Industrial Loans		2,182			—			2,182			46,434		48,616		77
	Farm Production and Other Farm Loans		—			—			—			1,253		1,253		—
	Total Business Loans		2,182			—			2,182			47,687		49,869		77
	Consumer Loans:
	Credit Cards		12			8			20			994		1,014		8
	Other Consumer Loans		1,098			143			1,241			23,773		25,014		10
	Total Consumer Loans		1,110			151			1,261			24,767		26,028		18
	Total Loans	$	16,221		$	12,270		$	28,491		$	361,830	$	390,321	$	587
	An aging analysis of past due loans (in thousands), segregated by class, as of December 31, 2013 was as follows:
		Loans			Loans			Total Past			Current		Total		Accruing
		30-89 Days			90 or more			Due Loans			Loans		Loans		Loans
		Past Due			Days										90 or more
					Past Due										Days
													Past Due
Real Estate:
Land Development and Construction	$	170		$	—		$	170		$	27,054	$	27,224	$	—
Farmland		419			69			488			29,146		29,634		—
1-4 Family Mortgages		4,234			1,088			5,322			100,167		105,489		335
Commercial Real Estate		3,308			9,316			12,624			132,745		145,369		1,750
Total Real Estate Loans		8,131			10,473			18,604			289,112		307,716		2,085
Business Loans:
Commercial and Industrial Loans		248			23			271			55,542		55,813		—
Farm Production and other Farm Loans		5			—			5			1,303		1,308		—
Total Business Loans		253			23			276			56,845		57,121		—
Consumer Loans:
Credit Cards		39			10			49			1,038		1,087		10
Other Consumer Loans		1,105			41			1,146			25,598		26,744		—
Total Consumer Loans		1,144			51			1,195			26,636		27,831		10
Total Loans	$	9,528		$	10,547		$	20,075		$	372,593	$	392,668	$	2,095
Loans are considered impaired when, based on current information and events, it is probable the Corporation will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreement, including scheduled principal and interest payments. In determining which loans to evaluate for impairment, management looks at past due loans, bankruptcy filings and any situation that might lend itself to cause a borrower to be unable to repay the loan according to the original agreement terms. If a loan is determined to be impaired and the collateral is deemed to be insufficient to fully repay the loan, a specific reserve will be established. Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis. Impaired loans or portions thereof, are charged-off when deemed uncollectible.
Impaired loans (in thousands) as of June 30, 2014 and December 31, 2013, segregated by class, are as follows:
	Unpaid			Recorded			Recorded			Total		Related		Average
	Principal			Investment			Investment			Recorded		Allowance		Recorded
	Balance			With No			With			Investment				Investment
				Allowance			Allowance
June 30, 2014
Real Estate:
Land Development and Construction	$	114		$	13		$	101		$	114	$	101	$	132
Farmland		221			95			126			221		24		329
1-4 Family Mortgages		1,610			1,296			314			1,610		47		1,721
Commercial Real Estate		10,476			2,796			7,680			10,476		896		9,683
Total Real Estate Loans		12,421			4,200			8,221			12,421		1,068		11,865
Business Loans:
Commercial and Industrial Loans		2,117			41			2,076			2,117		2,069		2,148
Total Business Loans		2,117			41			2,076			2,117		2,069		2,148
Consumer Loans:
Other Consumer Loans		126			126			—			126		—		163
Total Consumer Loans		126			126			—			126		—		163
Total Loans	$	14,664		$	4,367		$	10,297		$	14,664	$	3,137	$	14,176
	Unpaid			Recorded			Recorded			Total		Related		Average
	Principal			Investment			Investment			Recorded		Allowance		Recorded
	Balance			With No			With			Investment				Investment
				Allowance			Allowance
December 31, 2013
Real Estate:
Land Development and Construction	$	136		$	25		$	111		$	136	$	103	$	278
Farmland		352			220			132			352		24		720
1-4 Family Mortgages		1,866			1,054			812			1,866		202		2,111
Commercial Real Estate		8,894			976			7,918			8,894		896		9,535
Total Real Estate Loans		11,248			2,275			8,973			11,248		1,225		12,644
Business Loans:
Commercial and Industrial Loans		2,224			118			2,106			2,224		1,072		1,195
Farm Production and other Farm Loans		—			—			—			—		—		2
Total Business Loans		2,224			118			2,106			2,224		1,072		1,197
Consumer Loans:
Other Consumer Loans		120			120			—			120		—		166
Total Consumer Loans		120			120			—			120		—		166
Total Loans	$	13,592		$	2,513		$	11,079		$	13,592	$	2,297	$	14,007
The following table presents troubled debt restructurings (in thousands, except for number of loans), segregated by class:
	Number of			Pre-Modification			Post-Modification
	Loans			Outstanding			Outstanding
				Recorded			Recorded
				Investment			Investment
June 30, 2014
Commercial real estate		5		$	9,261		$	6,952
Total		5		$	9,261		$	6,952
	Number of			Pre-Modification			Post-Modification
	Loans			Outstanding			Outstanding
				Recorded			Recorded
				Investment			Investment
December 31, 2013
Commercial real estate		5		$	9,261		$	7,119
Total		5		$	9,261		$	7,119
Changes in the Corporation’s troubled debt restructurings (in thousands, except for number of loans) are set forth in the table below:
	Number			Recorded
	of Loans			Investment
Totals at January 1, 2014		5		$	7,119
Reductions due to:
Principal paydowns					(167	)
Total at June 30, 2014		5		$	6,952
The allocated allowance for loan losses attributable to restructured loans was $2,202,414 at June 30, 2014 and $1,196,274 at December 31, 2013. The Corporation had no remaining availability under commitments to lend additional funds on these troubled debt restructuring as of June 30, 2014.
The Corporation utilizes a risk grading matrix to assign a risk grade to each of its loans when originated and is updated as factors related to the strength of the loan changes. Loans are graded on a scale of 1 to 9. A description of the general characteristics of the 9 risk grades is as follows.
Grade 1. MINIMAL RISK - These loans are without loss exposure to the Corporation. This classification is reserved for only the best, well secured loans to borrowers with significant capital strength, low leverage, stable earnings and growth and other readily available financing alternatives. This type of loan would also include loans secured by a program of the government.
Grade 2. MODEST RISK - These loans include borrowers with solid credit quality and moderate risk of loss. These loans may be fully secured by certificates of deposit with another reputable financial institution, or secured by readily marketable securities with acceptable margins.
Grade 3. AVERAGE RISK - This is the rating assigned to the majoprity of the loans held by the Corporation. This includes loans with average loss exposure and average overall quality. These loans should liquidate through possessing adequate collateral and adequate earnings of the borrower. In addition, these loans are properly documented and are in accordance with all aspects of the current loan policy.
Grade 4. ACCEPTABLE RISK - Borrower generates sufficient cash flow to fund debt service but most working asset and capital expansion needs are provided from external sources. Profitability and key balance sheet ratios are usually close to peers but one or more may be higher than peers.
Grade 5. MANAGEMENT ATTENTION - Borrower has significant weaknesses resulting from performance trends or management concerns. The financial condition of the borrower has taken a negative turn and may be temporarily strained. Cash flow is weak but cash reserves remain adequate to meet debt service. Management weakness is evident.
Grade 6. OTHER LOANS ESPECIALLY MENTIONED (OLEM) - Loans in this category are fundamentally sound but possess some weaknesses. OLEM loans have potential weaknesses which may, if not checked or corrected, weaken the asset or inadequately protect the bank’s credit position at some future date. These loans have an identifiable weakness in credit, collateral, or repayment ability but there is no expectation of loss.
Grade 7. SUBSTANDARD ASSETS - Assets classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Assets classified as substandard must have a well-defined weakness based upon objective evidence. Assets classified as substandard are characterized by the distinct possibility that the insured institution will sustain some loss if the deficiencies are not corrected. The possibility that liquidation would not be timely requires a substandard classification even if there is little likelihood of total loss.
Grade 8. DOUBTFUL - A loan classified as doubtful has all the weaknesses of a substandard classification and the added characteristic that the weakness makes collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable or improbable. The possibility of loss is extremely high, but because of certain important and reasonable specific pending factors which may work to the advantage and strengthening of the asset, its classification as an estimated loss is deferred until its more exact status may be determined. A doubtful classification could reflect the fact that the primary source of repayment is gone and serious doubt exists as to the quality of a secondary source of repayment.
Grade 9. LOSS - Loans classified loss are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may occur in the future. Also included in this classification is the defined loss portion of loans rated substandard assets and doubtful assets.
These internally assigned grades are updated on a continual basis throughout the course of the year and represent management’s most updated judgment regarding grades at June 30, 2014.
The following table details the amount of gross loans (in thousands), segregated by loan grade and class, as of June 30, 2014:
				Special
	Satisfactory			Mention			Substandard			Doubtful		Loss		Total
Grades	1, 2, 3, 4			5,6			7			8		9		Loans
Real Estate:
Land Development and Construction	$	34,387		$	—		$	1,922		$	—	$	—	$	36,309
Farmland		25,230			825			3,542			—		—		29,597
1-4 Family Mortgages		85,080			4,334			12,514			—		—		101,928
Commercial Real Estate		127,810			5,754			13,026			—		—		146,590
Total Real Estate Loans		272,507			10,913			31,004			—		—		314,424
Business Loans:
Commercial and Industrial Loans		45,930			425			233			2,028		—		48,616
Farm Production and Other Farm Loans		1,253			—			—			—		—		1,253
Total Business Loans		47,183			425			233			2,028		—		49,869
Consumer Loans:
Credit Cards		1,006			—			8			—		—		1,014
Other Consumer Loans		24,378			204			402			25		5		25,014
Total Consumer Loans		25,384			204			410			25		5		26,028
Total Loans	$	345,074		$	11,542		$	31,647		$	2,053	$	5	$	390,321
The following table details the amount of gross loans (in thousands) segregated by loan grade and class, as of December 31, 2013:
				Special
	Satisfactory			Mention			Substandard			Doubtful		Loss		Total
Grades	1, 2, 3,4			5,6			7			8		9		Loans
Real Estate:
Land Development and Construction	$	25,165		$	192		$	1,867		$	—	$	—	$	27,224
Farmland		25,160			744			3,730			—		—		29,634
1-4 Family Mortgages		87,108			4,671			13,710			—		—		105,489
Commercial Real Estate		125,339			5,915			14,115			—		—		145,369
Total Real Estate Loans		262,772			11,522			33,422			—		—		307,716
Business Loans:
Commercial and Industrial Loans		52,871			426			416			2,100		—		55,813
Farm Production and other Farm Loans		1,298			8			2			—		—		1,308
Total Business Loans		54,169			434			418			2,100		—		57,121
Consumer Loans:
Credit Cards		1,077			—			10			—		—		1,087
Other Consumer Loans		25,942			193			564			42		3		26,744
Total Consumer Loans		27,019			193			574			42		3		27,831
Total Loans	$	343,960		$	21,295		$	34,414		$	2,142	$	3	$	392,668
The allowance for loan losses is a reserve established through a provision for loan losses charged to expense, which represents management’s best estimate of probable losses within the existing portfolio of loans. The allowance, in the judgment of management, is necessary to reserve for estimated loan losses and risks inherent in the loan portfolio.
The allowance on the majority of the loan portfolio is calculated using a historical chargeoff percentage applied to the current loan balances by loan segment. This historical period is the average of the previous twenty quarters with the most current quarters weighted more heavily to show the effect of the most recent chargeoff activity. This percentage is also adjusted for economic factors such as local unemployment and general business conditions, both local and nationwide.
The group of loans that are considered to be impaired are individually evaluated for possible loss and a specific reserve is established to cover any loss contingency. Loans that are determined to be a loss with no benefit of remaining in the portfolio are charged off to the allowance. These specific reserves are reviewed periodically for continued impairment and adequacy of the specific reserve and adjusted when necessary.
The following table details activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2014:
	Real			Business
	Estate			Loans			Consumer			Total
June 30, 2014
Beginning Balance, January 1, 2014	$	4,705,753		$	2,767,409		$	604,337		$	8,077,499
Provision for possible loan losses		(172,350	)		764,154			(18,902	)		572,903
Chargeoffs		101,615			22,760			67,287			191,662
Recoveries		35,488			5,748			39,453			80,689
Net Chargeoffs		66,127			17,012			27,834			110,973
Ending Balance	$	4,467,276		$	3,514,551		$	557,601		$	8,539,428
Period end allowance allocated to:
Loans individually evaluated for impairment	$	1,067,821		$	2,068,759		$	—		$	3,136,580
Loans collectively evaluated for impairment		3,399,455			1,445,792			557,601			5,402,848
Ending Balance, June 30, 2014	$	4,467,276		$	3,514,551		$	557,601		$	8,539,428
The following table details activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2013:
	Real			Business
	Estate			Loans			Consumer			Total
June 30, 2013
Beginning Balance, January 1, 2013	$	4,629,559		$	1,554,698		$	770,012		$	6,954,269
Provision for possible loan losses		640,104			262,487			(153,487	)		749,104
Chargeoffs		606,296			345,651			75,725			1,027,672
Recoveries		72,133			13,311			41,898			127,342
Net Chargeoffs		534,163			332,340			33,827			900,330
Ending Balance, June 30, 2013	$	4,735,500		$	1,484,845		$	582,698		$	6,803,043
Period end allowance allocated to:
Loans individually evaluated for impairment	$	1,244,809		$	54,706		$	—		$	1,299,515
Loans collectively evaluated for impairment		3,490,691			1,430,139			582,698			5,503,528
Ending Balance, June 30, 2013	$	4,735,500		$	1,484,845		$	582,698		$	6,803,043
The Corporation’s recorded investment in loans as of June 30, 2014 and December 31, 2013 related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of the Corporation’s impairment methodology was as follows (in thousands):
	Real			Business
	Estate			Loans			Consumer			Total
June 30, 2014
Loans individually evaluated for specific impairment	$	12,421		$	2,117		$	126		$	14,664
Loans collectively evaluated for general impairment		302,003			47,752			25,902			375,657
	$	314,424		$	49,869		$	26,028		$	390,321
	Real			Business
	Estate			Loans			Consumer			Total
December 31, 2013
Loans individually evaluated for specific impairment	$	11,248		$	2,224		$	120		$	13,592
Loans collectively evaluated for general impairment		296,468			54,897			27,711			379,076
	$	307,716		$	57,121		$	27,831		$	392,668

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2014
Fair Value of Financial Instruments	'
	Note 8. Fair Value of Financial Instruments
	The fair value topic of the ASC establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. This topic clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. This topic also requires disclosure about how fair value was determined for assets and liabilities and establishes a hierarchy for which these assets and liabilities must be grouped, based on significant levels of inputs as follows:
		Level 1		Quoted prices in active markets for identical assets or liabilities;
		Level 2		Quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability; or
		Level 3		Unobservable inputs, such as discounted cash flow models or valuations.
	The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement.
	The following table presents assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2014:
		Quoted Prices			Significant		Significant
		in Active			Other		Unobservable
		Markets for			Observable		Inputs
		Identical			Inputs
		Assets
		(Level 1)			(Level2)		(Level 3)		Totals
	Securities available for sale
	Obligations of U. S. Government Agencies	$	—		$	89,329,494	$	—	$	89,329,494
	Mortgage-backed securities		—			15,817,750		—		15,817,750
	State, county and municipal obligations		—			93,620,436		—		93,620,436
	Other investments		—			—		2,817,918		2,817,918
	Total	$	—		$	198,767,680	$	2,817,918	$	201,585,598
	The following table presents assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2013:
		Quoted Prices			Significant		Significant
		in Active			Other		Unobservable
		Markets for			Observable		Inputs
		Identical			Inputs
		Assets
		(Level 1)			(Level 2)		(Level 3)		Totals
	Securities available for sale
	Obligations of U. S. Government Agencies	$	—		$	282,816,400	$	—	$	282,816,400
	Mortgage-backed securities		—			17,166,394		—		17,166,394
	State, county and municipal obligations		—			95,427,405		—		95,427,405
	Other investments		—			—		2,766,203		2,766,203
	Total	$	—		$	395,410,199	$	2,766,203	$	398,176,402
	The following table reports the activity for 2014 in assets measured at fair value on a recurring basis using significant unobservable inputs.
		Fair Value Measurements Using
		Significant Unobservable Inputs
		(Level 3)
		Structured Financial Product
	Balance at January 1, 2014	$	2,766,203
	Unrealized losses included in other comprehensive income		51,716
	Balance at June 30, 2014	$	2,817,919
	The Corporation recorded no gains or losses in earnings for the period that were attributable to the change in unrealized gains or losses relating to assets still held at the reporting date.
	For assets measured at fair value on a nonrecurring basis during 2014 that were still held in the balance sheet at June 30, 2014, the following table provides the hierarchy level and the fair value of the related assets:
		Quoted Prices			Significant		Significant
		in Active			Other		Unobservable
		Markets for			Observable		Inputs
		Identical			Inputs
		Assets
		(Level 1)			(Level 2)		(Level 3)		Totals
	Impaired loans	$	—		$	—	$	7,160,015	$	7,160,015
	Other real estate owned		—			—		2,173,075		2,173,075
	Total	$	—		$	—	$	9,333,090	$	9,333,090
	For assets measured at fair value on a nonrecurring basis during 2013 that were still held in the balance sheet at December 31, 2013, the following table provides the hierarchy level and the fair value of the related assets:
		Quoted Prices			Significant		Significant
		in Active			Other		Unobservable
		Markets for			Observable		Inputs
		Identical			Inputs
		Assets
		(Level 1)			(Level 2)		(Level 3)		Totals
	Impaired loans	$	—		$	—	$	8,782,923	$	8,782,923
	Other real estate owned		—			—		645,468		645,468
	Total	$	—		$	—	$	9,428,391	$	9,428,391
	Impaired loans with a carrying value of $10,296,595 and $11,079,526 had an allocated allowance for loan losses of $3,136,580 and $2,296,603 at June 30, 2014 and December 31, 2013, respectively. The allocated allowance is based on the carrying value of the impaired loan and the fair value of the underlying collateral less estimated costs to sell.
	Other real estate owned (“OREO”) acquired during the six-month period ended June 30, 2014, and recorded at fair value, less costs to sell, was $421,673, of which $8,099 was acquired and sold during this period. There were writedowns in the amount of $463,908 during the period on ten properties valued at $1,759,501. OREO acquired during 2013 and recorded at fair value, less costs to sell, was $1,697,450. Additional writedowns during 2013 on OREO acquired in previous years was $276,400 on four properties valued at $645,468.
The financial instruments topic of the ASC requires disclosure of financial instruments’ fair values, as well as the methodology and significant assumptions used in estimating fair values. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instrument. The financial instruments topic of the ASC excludes certain financial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Corporation and may not be indicative of amounts that might ultimately be realized upon disposition or settlement of those assets and liabilities.
The following represents the carrying value and estimated fair value of the Corporation’s financial instruments at June 30, 2014, and December 31, 2013:
	Carrying			Quoted Prices		Significant		Significant		Total
	Value			in Active		Other		Unobservable		Fair
				Markets for		Observable		Inputs		Value
				Identical		Inputs
				Assets
				(Level 1)		(Level 2)		(Level 3)
June 30, 2014
Financial assets
Cash and due from banks	$	22,135,487		$	22,135,487	$	—	$	—	$	22,135,487
Interest bearing deposits with banks		6,923,219			6,923,219		—		—		6,923,219
Securities held-to-maturity		205,717,189					207,474,887				207,474,887
Securities available-for-sale		201,585,598			—		198,767,680		2,817,918		201,585,598
Net loans		381,203,975			—		—		382,676,030		382,676,030
Financial liabilities
Deposits	$	691,447,365		$	463,328,947	$	—	$	228,261,848	$	691,590,795
Federal Home Loan Bank advances		33,500,000			—		—		34,557,435		34,557,435
Securities Sold under Agreement to Repurchase		76,701,609			76,701,609		—		—		76,701,609
	Carrying			Quoted Prices		Significant		Significant		Total
	Value			in Active		Other		Unobservable		Fair
				Markets for		Observable		Inputs		Value
				Identical		Inputs
				Assets
				(Level 1)		(Level 2)		(Level 3)
December 31, 2013
Financial assets
Cash and due from banks	$	16,040,195		$	16,040,195	$	—	$	—	$	16,040,195
Interest bearing deposits with banks		684,100			684,100		—		—		684,100
Securities available-for-sale		432,065,590			—		395,410,199		2,766,203		398,176,402
Net loans		384,104,766			—		—		385,646,132		385,646,132
Financial liabilities
Deposits	$	654,629,796		$	422,186,092	$	—	$	232,602,224	$	654,788,316
Federal Home Loan Bank advances		33,500,000			—		—		34,622,359		34,622,359
Securities Sold under Agreement to Repurchase		82,420,781			82,420,781		—		—		82,420,781
The fair value estimates, methods and assumptions used by the Corporation in estimating its fair value disclosures for financial statements were as follows:
Cash and Due from Banks and Interest Bearing Deposits with Banks
The carrying amounts reported in the balance sheet for these instruments approximate fair value because of their immediate and shorter-term maturities, which are considered to be three months or less when purchased.
Securities Held-to-Maturity
Securities held-to-maturity consists of debt securities such as obligations of states and other political subdivisions. Where quoted market prices in active markets are available, securities are classified within Level 1 of the fair value hierarchy. If quoted prices from active markets are not available, fair values are based on quoted market prices for similar instruments traded in active markets, quoted market prices for identical or similar instruments traded in markets that are not active, or model-based valuation techniques where all significant assumptions are observable in the market. Such instruments are classified within Level 2 of the fair value hierarchy. When assumptions used in model-based valuation techniques are not observable in the market, the assumptions used by management reflect estimates of assumptions used by other market participants in determining fair value. When there is limited transparency around the inputs to the valuation, the instruments are classified within Level 3 of the fair value hierarchy.
Securities Available-for-Sale
Fair values for investment securities are based on quoted market prices, when available (Level 1). If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments (Level 2). When neither quoted prices nor comparable instruments are available, unobservable inputs are needed to form an expected future cash flow analysis to establish fair values (Level 3).
The Corporation owns certain beneficial interests in one collateralized debt obligation secured by community bank trust preferred securities. These interests do not trade in a liquid market, and therefore, market quotes are not a reliable indicator of their ultimate realizability. The Corporation utilizes a discounted cash flow model using inputs of (1) market yields of trust-preferred securities as the discount rate and (2) expected cash flows which are estimated using assumptions related to defaults, deferrals and prepayments to determine the fair values of these beneficial interests. Many of the factors that adjust the timing and extent of cash flows are based on judgment and not directly observable in the markets. Therefore, these fair values are classified as Level 3 valuations for accounting and disclosure purposes. Since observable transactions in these securities are extremely rare, the Corporation uses assumptions that a market participant would use in valuing these instruments. These assumptions primarily include cash flow estimates and market discount rates. The cash flow estimates are sensitive to the assumptions related to the ability of the issuers to pay the underlying trust preferred securities according to their terms. The market discount rates depend on transactions, which are rare given the lack of interest of investors in these types of beneficial interests.
Net Loans
For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for other loans (i.e., commercial real estate and rental property mortgage loans, commercial and industrial loans, financial institution loans, and agricultural loans) are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality.
Deposits
The fair values for demand deposits, NOW and money market accounts and savings accounts are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). The carrying amounts for variable-rate, fixed-term money market accounts and time deposits approximate their fair values at the reporting date. Fair values for fixed-rate time deposits are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits.
Federal Home Loan Bank (FHLB) Borrowings
The fair value of FHLB advances is based on a discounted cash flow analysis.
Securities Sold Under Agreement to Repurchase
Due to the short term nature of these instruments, which is generally three months or less, the carrying amount is equal to the fair value.
Off-Balance Sheet Instruments
The fair value of commitments to extend credit and letters of credit are estimated using fees currently charged to enter into similar agreements. The fees associated with these financial instruments are not material.

Net_Income_per_Share_Tables

Net Income per Share (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share	'
	Net income per share was computed as follows:
		For the Three Months				For the Six Months
		Ended June 30,				Ended June 30,
		2014		2013		2014		2013
	Basic weighted average shares outstanding		4,870,114		4,868,977		4,870,114		4,866,237
	Dilutive effect of granted options		704		588		535		3,363
	Diluted weighted average shares outstanding		4,870,818		4,869,565		4,870,649		4,869,600
	Net income	$	2,092,519	$	1,603,744	$	3,889,672	$	3,018,190
	Net income per share-basic	$	0.43	$	0.33	$	0.8	$	0.62
	Net income per share-diluted	$	0.43	$	0.33	$	0.8	$	0.62

Equity_Compensation_Plans_Tabl

Equity Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2014
Summary of Stock Option Activity	'
	The following table is a summary of the stock option activity for the six months ended June 30, 2014.
		Directors’ Plan					Employees’ Plan					2013 Plan
		Number			Weighted		Number			Weighted		Number		Weighted
		of			Average		of Shares			Average		of		Average
		Shares			Exercise					Exercise		Shares		Exercise
					Price					Price				Price
	Outstanding at December 31, 2013		103,500		$	21.3		82,000		$	22.06		—	$	—
	Granted		—			—		—			—		—		—
	Exercised		—			—		—			—		—		—
	Expired		(7,500	)		22.25		(33,500	)		21.93		—		—
	Outstanding at June 30, 2014		96,000		$	21.23		48,500		$	22.15		—	$	—

Securities_Tables

Securities (Tables)	6 Months Ended
	Jun. 30, 2014
Amortized Cost and Estimated Fair Value of Securities Available-for-Sale	'
	The amortized cost and estimated fair value of securities available-for-sale and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income were as follows:
		Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	June 30, 2014
	Securities available-for-sale
	Obligations of U.S. Government agencies	$	93,991,752	$	99,190	$	4,761,448	$	89,329,494
	Mortgage-backed securities		14,855,723		962,027		—		15,817,750
	State, County, Municipals		91,681,995		3,030,515		1,092,074		93,620,436
	Other investments		3,025,100		—		207,182		2,817,918
	Total	$	203,554,570	$	4,091,732	$	6,060,704	$	201,585,598
		Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	December 31, 2013
	Securities available-for-sale
	Obligations of U.S. Government agencies	$	316,305,125	$	98,740	$	33,587,465	$	282,816,400
	Mortgage-backed securities		16,476,430		719,825		29,861		17,166,394
	State, County, Municipals		96,258,584		2,309,291		3,140,470		95,427,405
	Other investments		3,025,451		—		259,248		2,766,203
	Total	$	432,065,590	$	3,127,856	$	37,017,044	$	398,176,402
Amortized Cost and Estimated Fair Value of Securities Held-to-Maturity	'
	The amortized cost and estimated fair value of securities held-to-maturity and the corresponding amounts of gross unrecognized gains and losses were as follows:
		Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	June 30, 2014
	Securities held-to-maturity
	Obligations of U.S. Government agencies	$	205,717,189	$	2,199,466	$	441,768	$	207,474,887
	Total	$	205,717,189	$	2,199,466	$	441,768	$	207,474,887
Amortized Cost and Estimated Fair Value of Securities by Contractual Maturity	'
	The amortized cost and estimated fair value of securities by contractual maturity at June 30, 2014 and December 31, 2013 are shown below. Actual maturities may differ from contractual maturities because issuers have the right to call or prepay certain obligations.
		June 30, 2014				December 31, 2013
		Amortized		Estimated		Amortized		Estimated
		Cost		Fair Value		Cost		Fair Value
	Available-for-sale
	Due in one year or less	$	6,923,239	$	7,025,050	$	2,429,035	$	2,448,452
	Due after one year through five years		13,565,955		13,964,319		25,040,034		26,060,534
	Due after five years through ten years		82,700,057		81,116,351		106,046,230		101,286,491
	Due after ten years		100,365,319		99,479,878		298,550,291		268,380,925
	Total	$	203,554,570	$	201,585,598	$	432,065,590	$	398,176,402
	Held-to-maturity
	Due after five years through ten years	$	18,237,573	$	18,396,756	$	—	$	—
	Due after ten years		187,479,616		189,078,131		—		—
	Total	$	205,717,189	$	207,474,887	$	—	$	—
Summary of Unrealized Loss Information for Securities	'
	A summary of unrealized loss information for securities available-for-sale, categorized by security type follows (in thousands):
	June 30, 2014	Less than 12 months				12 months or more				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Description of Securities	Value		Losses		Value		Losses		Value		Losses
	Obligations of U. S. Government agencies	$	9,784	$	216	$	78,446	$	4,546	$	88,230	$	4,762
	State, County, Municipal		842		4		20,345		1,088		21,187		1,092
	Other investments		—		—		2,818		207		2,818		207
	Total	$	10,626	$	220	$	101,609	$	5,841	$	112,235	$	6,061
	December 31, 2013	Less than 12 months				12 months or more				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Description of Securities	Value		Losses		Value		Losses		Value		Losses
	Obligations of U. S. Government agencies	$	255,350	$	29,954	$	26,367	$	3,633	$	281,717	$	33,587
	Mortgage backed securities		3,581		30		—		—		3,581		30
	State, County, Municipal		20,131		1,461		10,014		1,680		30,145		3,141
	Other investments		—		—		2,766		259		2,766		259
	Total	$	279,062	$	31,445	$	39,147	$	5,572	$	318,209	$	37,017
	A summary of unrealized loss information for securities held-to-maturity categorized by security type follows (in thousands):
	June 30, 2014	Less than 12 months				12 months or more				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Description of Securities	Value		Losses		Value		Losses		Value		Losses
	Obligations of U. S. Government agencies	$	9,206	$	60	$	18,301	$	382	$	27,507	$	442
	Total	$	9,206	$	60	$	18,301	$	382	$	27,507	$	442

Loans_Tables

Loans (Tables)	6 Months Ended
	Jun. 30, 2014
Composition of Net Loans	'
	The composition of net loans (in thousands) at June 30, 2014 and December 31, 2013 is as follows:
		June 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	36,309		$	27,224
	Farmland		29,597			29,634
	1-4 Family Mortgages		101,928			105,489
	Commercial Real Estate		146,590			145,369
	Total Real Estate Loans		314,424			307,716
	Business Loans:
	Commercial and Industrial Loans		48,616			55,813
	Farm Production and Other Farm Loans		1,253			1,308
	Total Business Loans		49,869			57,121
	Consumer Loans:
	Credit Cards		1,014			1,087
	Other Consumer Loans		25,014			26,744
	Total Consumer Loans		26,028			27,831
	Total Gross Loans		390,321			392,668
	Unearned income		(578	)		(485	)
	Allowance for loan losses		(8,539	)		(8,078	)
	Loans, net	$	381,204		$	384,105
Period-End Non-Accrual Loans, Segregated by Class of Loans	'
	Period-end, non-accrual loans (in thousands), segregated by class, were as follows:
		June 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	114		$	136
	Farmland		221			352
	1-4 Family Mortgages		1,610			1,866
	Commercial Real Estate		10,476			8,894
	Total Real Estate Loans		12,421			11,248
	Business Loans:
	Commercial and Industrial Loans		2,117			2,224
	Total Business Loans		2,117			2,224
	Consumer Loans:
	Other Consumer Loans		126			120
	Total Consumer Loans		126			120
	Total Non-Accrual Loans	$	14,664		$	13,592
Age Analysis of Past Due Loans, Segregated by Class	'
	An aging analysis of past due loans (in thousands), segregated by class, as of June 30, 2014, was as follows:
		Loans			Loans			Total Past			Current		Total		Accruing
		30-89 Days			90 or more			Due Loans			Loans		Loans		Loans
		Past Due			Days										90 or more
					Past Due										Days
															Past Due
	Real Estate:
	Land Development and Construction	$	298		$	13		$	311		$	35,998	$	36,309	$	—
	Farmland		2,285			85			2,370			27,227		29,597		21
	1-4 Family Mortgages		4,493			761			5,254			96,674		101,928		258
	Commercial Real Estate		5,853			11,260			17,113			129,477		146,590		213
	Total Real Estate Loans		12,929			12,119			25,048			289,376		314,424		492
	Business Loans:
	Commercial and Industrial Loans		2,182			—			2,182			46,434		48,616		77
	Farm Production and Other Farm Loans		—			—			—			1,253		1,253		—
	Total Business Loans		2,182			—			2,182			47,687		49,869		77
	Consumer Loans:
	Credit Cards		12			8			20			994		1,014		8
	Other Consumer Loans		1,098			143			1,241			23,773		25,014		10
	Total Consumer Loans		1,110			151			1,261			24,767		26,028		18
	Total Loans	$	16,221		$	12,270		$	28,491		$	361,830	$	390,321	$	587
	An aging analysis of past due loans (in thousands), segregated by class, as of December 31, 2013 was as follows:
		Loans			Loans			Total Past			Current		Total		Accruing
		30-89 Days			90 or more			Due Loans			Loans		Loans		Loans
		Past Due			Days										90 or more
					Past Due										Days
															Past Due
	Real Estate:
	Land Development and Construction	$	170		$	—		$	170		$	27,054	$	27,224	$	—
	Farmland		419			69			488			29,146		29,634		—
	1-4 Family Mortgages		4,234			1,088			5,322			100,167		105,489		335
	Commercial Real Estate		3,308			9,316			12,624			132,745		145,369		1,750
	Total Real Estate Loans		8,131			10,473			18,604			289,112		307,716		2,085
	Business Loans:
	Commercial and Industrial Loans		248			23			271			55,542		55,813		—
	Farm Production and other Farm Loans		5			—			5			1,303		1,308		—
	Total Business Loans		253			23			276			56,845		57,121		—
	Consumer Loans:
	Credit Cards		39			10			49			1,038		1,087		10
	Other Consumer Loans		1,105			41			1,146			25,598		26,744		—
	Total Consumer Loans		1,144			51			1,195			26,636		27,831		10
	Total Loans	$	9,528		$	10,547		$	20,075		$	372,593	$	392,668	$	2,095
Impaired Loans, Segregated by Class of Loans	'
	Impaired loans (in thousands) as of June 30, 2014 and December 31, 2013, segregated by class, are as follows:
		Unpaid			Recorded			Recorded			Total		Related		Average
		Principal			Investment			Investment			Recorded		Allowance		Recorded
		Balance			With No			With			Investment				Investment
					Allowance			Allowance
	June 30, 2014
	Real Estate:
	Land Development and Construction	$	114		$	13		$	101		$	114	$	101	$	132
	Farmland		221			95			126			221		24		329
	1-4 Family Mortgages		1,610			1,296			314			1,610		47		1,721
	Commercial Real Estate		10,476			2,796			7,680			10,476		896		9,683
	Total Real Estate Loans		12,421			4,200			8,221			12,421		1,068		11,865
	Business Loans:
	Commercial and Industrial Loans		2,117			41			2,076			2,117		2,069		2,148
	Total Business Loans		2,117			41			2,076			2,117		2,069		2,148
	Consumer Loans:
	Other Consumer Loans		126			126			—			126		—		163
	Total Consumer Loans		126			126			—			126		—		163
	Total Loans	$	14,664		$	4,367		$	10,297		$	14,664	$	3,137	$	14,176
		Unpaid			Recorded			Recorded			Total		Related		Average
		Principal			Investment			Investment			Recorded		Allowance		Recorded
		Balance			With No			With			Investment				Investment
					Allowance			Allowance
	December 31, 2013
	Real Estate:
	Land Development and Construction	$	136		$	25		$	111		$	136	$	103	$	278
	Farmland		352			220			132			352		24		720
	1-4 Family Mortgages		1,866			1,054			812			1,866		202		2,111
	Commercial Real Estate		8,894			976			7,918			8,894		896		9,535
	Total Real Estate Loans		11,248			2,275			8,973			11,248		1,225		12,644
	Business Loans:
	Commercial and Industrial Loans		2,224			118			2,106			2,224		1,072		1,195
	Farm Production and other Farm Loans		—			—			—			—		—		2
	Total Business Loans		2,224			118			2,106			2,224		1,072		1,197
	Consumer Loans:
	Other Consumer Loans		120			120			—			120		—		166
	Total Consumer Loans		120			120			—			120		—		166
	Total Loans	$	13,592		$	2,513		$	11,079		$	13,592	$	2,297	$	14,007
Troubled Debt Restructurings Segregated by Class	'
	The following table presents troubled debt restructurings (in thousands, except for number of loans), segregated by class:
		Number of			Pre-Modification			Post-Modification
		Loans			Outstanding			Outstanding
					Recorded			Recorded
					Investment			Investment
	June 30, 2014
	Commercial real estate		5		$	9,261		$	6,952
	Total		5		$	9,261		$	6,952
		Number of			Pre-Modification			Post-Modification
		Loans			Outstanding			Outstanding
					Recorded			Recorded
					Investment			Investment
	December 31, 2013
	Commercial real estate		5		$	9,261		$	7,119
	Total		5		$	9,261		$	7,119
Changes in Troubled Debt Restructurings	'
	Changes in the Corporation’s troubled debt restructurings (in thousands, except for number of loans) are set forth in the table below:
		Number			Recorded
		of Loans			Investment
	Totals at January 1, 2014		5		$	7,119
	Reductions due to:
	Principal paydowns					(167	)
	Total at June 30, 2014		5		$	6,952
Detailed Amount of Gross Loans Segregated by Loan Grade and Class	'
	The following table details the amount of gross loans (in thousands), segregated by loan grade and class, as of June 30, 2014:
					Special
		Satisfactory			Mention			Substandard			Doubtful		Loss		Total
	Grades	1, 2, 3, 4			5,6			7			8		9		Loans
	Real Estate:
	Land Development and Construction	$	34,387		$	—		$	1,922		$	—	$	—	$	36,309
	Farmland		25,230			825			3,542			—		—		29,597
	1-4 Family Mortgages		85,080			4,334			12,514			—		—		101,928
	Commercial Real Estate		127,810			5,754			13,026			—		—		146,590
	Total Real Estate Loans		272,507			10,913			31,004			—		—		314,424
	Business Loans:
	Commercial and Industrial Loans		45,930			425			233			2,028		—		48,616
	Farm Production and Other Farm Loans		1,253			—			—			—		—		1,253
	Total Business Loans		47,183			425			233			2,028		—		49,869
	Consumer Loans:
	Credit Cards		1,006			—			8			—		—		1,014
	Other Consumer Loans		24,378			204			402			25		5		25,014
	Total Consumer Loans		25,384			204			410			25		5		26,028
	Total Loans	$	345,074		$	11,542		$	31,647		$	2,053	$	5	$	390,321
	The following table details the amount of gross loans (in thousands) segregated by loan grade and class, as of December 31, 2013:
					Special
		Satisfactory			Mention			Substandard			Doubtful		Loss		Total
	Grades	1, 2, 3,4			5,6			7			8		9		Loans
	Real Estate:
	Land Development and Construction	$	25,165		$	192		$	1,867		$	—	$	—	$	27,224
	Farmland		25,160			744			3,730			—		—		29,634
	1-4 Family Mortgages		87,108			4,671			13,710			—		—		105,489
	Commercial Real Estate		125,339			5,915			14,115			—		—		145,369
	Total Real Estate Loans		262,772			11,522			33,422			—		—		307,716
	Business Loans:
	Commercial and Industrial Loans		52,871			426			416			2,100		—		55,813
	Farm Production and other Farm Loans		1,298			8			2			—		—		1,308
	Total Business Loans		54,169			434			418			2,100		—		57,121
	Consumer Loans:
	Credit Cards		1,077			—			10			—		—		1,087
	Other Consumer Loans		25,942			193			564			42		3		26,744
	Total Consumer Loans		27,019			193			574			42		3		27,831
	Total Loans	$	343,960		$	21,295		$	34,414		$	2,142	$	3	$	392,668
Detailed Activity in Allowance for Possible Loan Losses by Portfolio Segment	'
	The following table details activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2014:
		Real			Business
		Estate			Loans			Consumer			Total
	June 30, 2014
	Beginning Balance, January 1, 2014	$	4,705,753		$	2,767,409		$	604,337		$	8,077,499
	Provision for possible loan losses		(172,350	)		764,154			(18,902	)		572,903
	Chargeoffs		101,615			22,760			67,287			191,662
	Recoveries		35,488			5,748			39,453			80,689
	Net Chargeoffs		66,127			17,012			27,834			110,973
	Ending Balance	$	4,467,276		$	3,514,551		$	557,601		$	8,539,428
	Period end allowance allocated to:
	Loans individually evaluated for impairment	$	1,067,821		$	2,068,759		$	—		$	3,136,580
	Loans collectively evaluated for impairment		3,399,455			1,445,792			557,601			5,402,848
	Ending Balance, June 30, 2014	$	4,467,276		$	3,514,551		$	557,601		$	8,539,428
	The following table details activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2013:
		Real			Business
		Estate			Loans			Consumer			Total
	June 30, 2013
	Beginning Balance, January 1, 2013	$	4,629,559		$	1,554,698		$	770,012		$	6,954,269
	Provision for possible loan losses		640,104			262,487			(153,487	)		749,104
	Chargeoffs		606,296			345,651			75,725			1,027,672
	Recoveries		72,133			13,311			41,898			127,342
	Net Chargeoffs		534,163			332,340			33,827			900,330
	Ending Balance, June 30, 2013	$	4,735,500		$	1,484,845		$	582,698		$	6,803,043
	Period end allowance allocated to:
	Loans individually evaluated for impairment	$	1,244,809		$	54,706		$	—		$	1,299,515
	Loans collectively evaluated for impairment		3,490,691			1,430,139			582,698			5,503,528
	Ending Balance, June 30, 2013	$	4,735,500		$	1,484,845		$	582,698		$	6,803,043
Recorded Investment in Loans Related to Balance in Allowance for Possible Loan Losses by Portfolio Segment	'
	The Corporation’s recorded investment in loans as of June 30, 2014 and December 31, 2013 related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of the Corporation’s impairment methodology was as follows (in thousands):
		Real			Business
		Estate			Loans			Consumer			Total
	June 30, 2014
	Loans individually evaluated for specific impairment	$	12,421		$	2,117		$	126		$	14,664
	Loans collectively evaluated for general impairment		302,003			47,752			25,902			375,657
		$	314,424		$	49,869		$	26,028		$	390,321
		Real			Business
		Estate			Loans			Consumer			Total
	December 31, 2013
	Loans individually evaluated for specific impairment	$	11,248		$	2,224		$	120		$	13,592
	Loans collectively evaluated for general impairment		296,468			54,897			27,711			379,076
		$	307,716		$	57,121		$	27,831		$	392,668

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2014
Assets and Liabilities Measured at Fair Value on Recurring Basis	'
	The following table presents assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2014:
		Quoted Prices		Significant		Significant
		in Active		Other		Unobservable
		Markets for		Observable		Inputs
		Identical		Inputs
		Assets
		(Level 1)		(Level2)		(Level 3)		Totals
	Securities available for sale
	Obligations of U. S. Government Agencies	$	—	$	89,329,494	$	—	$	89,329,494
	Mortgage-backed securities		—		15,817,750		—		15,817,750
	State, county and municipal obligations		—		93,620,436		—		93,620,436
	Other investments		—		—		2,817,918		2,817,918
	Total	$	—	$	198,767,680	$	2,817,918	$	201,585,598
	The following table presents assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2013:
		Quoted Prices		Significant		Significant
		in Active		Other		Unobservable
		Markets for		Observable		Inputs
		Identical		Inputs
		Assets
		(Level 1)		(Level 2)		(Level 3)		Totals
	Securities available for sale
	Obligations of U. S. Government Agencies	$	—	$	282,816,400	$	—	$	282,816,400
	Mortgage-backed securities		—		17,166,394		—		17,166,394
	State, county and municipal obligations		—		95,427,405		—		95,427,405
	Other investments		—		—		2,766,203		2,766,203
	Total	$	—	$	395,410,199	$	2,766,203	$	398,176,402
Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs	'
	The following table reports the activity for 2014 in assets measured at fair value on a recurring basis using significant unobservable inputs.
		Fair Value Measurements Using
		Significant Unobservable Inputs
		(Level 3)
		Structured Financial Product
	Balance at January 1, 2014	$	2,766,203
	Unrealized losses included in other comprehensive income		51,716
	Balance at June 30, 2014	$	2,817,919
Asset Measured at Fair Value on Nonrecurring Basis	'
	For assets measured at fair value on a nonrecurring basis during 2014 that were still held in the balance sheet at June 30, 2014, the following table provides the hierarchy level and the fair value of the related assets:
		Quoted Prices		Significant		Significant
		in Active		Other		Unobservable
		Markets for		Observable		Inputs
		Identical		Inputs
		Assets
		(Level 1)		(Level 2)		(Level 3)		Totals
	Impaired loans	$	—	$	—	$	7,160,015	$	7,160,015
	Other real estate owned		—		—		2,173,075		2,173,075
	Total	$	—	$	—	$	9,333,090	$	9,333,090
	For assets measured at fair value on a nonrecurring basis during 2013 that were still held in the balance sheet at December 31, 2013, the following table provides the hierarchy level and the fair value of the related assets:
		Quoted Prices		Significant		Significant
		in Active		Other		Unobservable
		Markets for		Observable		Inputs
		Identical		Inputs
		Assets
		(Level 1)		(Level 2)		(Level 3)		Totals
	Impaired loans	$	—	$	—	$	8,782,923	$	8,782,923
	Other real estate owned		—		—		645,468		645,468
	Total	$	—	$	—	$	9,428,391	$	9,428,391
Carrying Value and Estimated Fair Value of Financial Instruments	'
	The following represents the carrying value and estimated fair value of the Corporation’s financial instruments at June 30, 2014, and December 31, 2013:
		Carrying		Quoted Prices		Significant		Significant		Total
		Value		in Active		Other		Unobservable		Fair
				Markets for		Observable		Inputs		Value
				Identical		Inputs
				Assets
				(Level 1)		(Level 2)		(Level 3)
	June 30, 2014
	Financial assets
	Cash and due from banks	$	22,135,487	$	22,135,487	$	—	$	—	$	22,135,487
	Interest bearing deposits with banks		6,923,219		6,923,219		—		—		6,923,219
	Securities held-to-maturity		205,717,189				207,474,887				207,474,887
	Securities available-for-sale		201,585,598		—		198,767,680		2,817,918		201,585,598
	Net loans		381,203,975		—		—		382,676,030		382,676,030
	Financial liabilities
	Deposits	$	691,447,365	$	463,328,947	$	—	$	228,261,848	$	691,590,795
	Federal Home Loan Bank advances		33,500,000		—		—		34,557,435		34,557,435
	Securities Sold under Agreement to Repurchase		76,701,609		76,701,609		—		—		76,701,609
		Carrying		Quoted Prices		Significant		Significant		Total
		Value		in Active		Other		Unobservable		Fair
				Markets for		Observable		Inputs		Value
				Identical		Inputs
				Assets
				(Level 1)		(Level 2)		(Level 3)
	December 31, 2013
	Financial assets
	Cash and due from banks	$	16,040,195	$	16,040,195	$	—	$	—	$	16,040,195
	Interest bearing deposits with banks		684,100		684,100		—		—		684,100
	Securities available-for-sale		432,065,590		—		395,410,199		2,766,203		398,176,402
	Net loans		384,104,766		—		—		385,646,132		385,646,132
	Financial liabilities
	Deposits	$	654,629,796	$	422,186,092	$	—	$	232,602,224	$	654,788,316
	Federal Home Loan Bank advances		33,500,000		—		—		34,622,359		34,622,359
	Securities Sold under Agreement to Repurchase		82,420,781		82,420,781		—		—		82,420,781

Commitments_and_Contingent_Lia1

Commitments and Contingent Liabilities - Additional Information (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Commitments and Contingencies Disclosure [Line Items]	'	'
Loan Commitments	$57,418,522	$40,701,380
Letters of Credit Outstanding	$2,753,980	$2,809,330

Earnings_Per_Share_Detail

Earnings Per Share (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]	'	'	'	'
Basic weighted average shares outstanding	4,870,114	4,868,977	4,870,114	4,866,237
Dilutive effect of granted options	704	588	535	3,363
Diluted weighted average shares outstanding	4,870,818	4,869,565	4,870,649	4,869,600
Net income	$2,092,519	$1,603,744	$3,889,672	$3,018,190
Net income per share-basic	$0.43	$0.33	$0.80	$0.62
Net income per share-diluted	$0.43	$0.33	$0.80	$0.62

Summary_of_Stock_Option_Activi

Summary of Stock Option Activity (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014
Directors Stock Option Plan	'
Number of Shares	'
Beginning Balance	103,500
Expired	-7,500
Ending Balance	96,000
Weighted Average Exercise Price	'
Beginning Balance	$21.30
Expired	$22.25
Ending Balance	$21.23
Employee Stock Option Plan	'
Number of Shares	'
Beginning Balance	82,000
Expired	-33,500
Ending Balance	48,500
Weighted Average Exercise Price	'
Beginning Balance	$22.06
Expired	$21.93
Ending Balance	$22.15
2013 Plan	'
Number of Shares	'
Beginning Balance	'
Granted	'
Exercised	'
Expired	'
Ending Balance	'
Weighted Average Exercise Price	'
Beginning Balance	'
Granted	'
Exercised	'
Expired	'
Ending Balance	'

Equity_Compensation_Plans_Addi

Equity Compensation Plans - Additional Information (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Intrinsic value of options granted	$17,340
Restricted Stock	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Restricted stock grants	7,500
Restricted stock vesting period	'1 year
Restricted stock grant date fair value	$138,000
Restricted stock restriction period	'12 months
Restricted stock cost per month	11,500
Restricted stock, deferred taxes	$4,290
Directors Stock Option Plan	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Intrinsic value of options granted	$15,810
Employee Stock Option Plan	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Intrinsic value of options granted	$1,530
2013 Plan	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Intrinsic value of options granted	$0
Granted, shares	'

Amortized_Cost_and_Estimated_F

Amortized Cost and Estimated Fair Value of Securities Available-for-Sale (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	$203,554,570	$432,065,590
Gross Unrealized Gains	4,091,732	3,127,856
Gross Unrealized Losses	6,060,704	37,017,044
Estimated Fair Value	201,585,598	398,176,402
Obligations of U.S. Government agencies	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	93,991,752	316,305,125
Gross Unrealized Gains	99,190	98,740
Gross Unrealized Losses	4,761,448	33,587,465
Estimated Fair Value	89,329,494	282,816,400
Mortgage-backed securities	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	14,855,723	16,476,430
Gross Unrealized Gains	962,027	719,825
Gross Unrealized Losses	'	29,861
Estimated Fair Value	15,817,750	17,166,394
State, county and municipal obligations	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	91,681,995	96,258,584
Gross Unrealized Gains	3,030,515	2,309,291
Gross Unrealized Losses	1,092,074	3,140,470
Estimated Fair Value	93,620,436	95,427,405
Other investments	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	3,025,100	3,025,451
Gross Unrealized Losses	207,182	259,248
Estimated Fair Value	$2,817,918	$2,766,203

Securities_Additional_Informat

Securities - Additional Information (Detail) (USD $)	3 Months Ended
	Jun. 30, 2014
Investment [Line Items]	'
Available for sale transferred to held to maturity, amortized cost	$222,322,423
Available for sale transferred to held to maturity, fair value	205,260,985
Available for sale transferred to held to maturity, net unrealized loss	($17,061,438)

Amortized_Cost_and_Estimated_F1

Amortized Cost and Estimated Fair Value of Securities Held-to-Maturity (Detail) (USD $)	Jun. 30, 2014
Schedule of Held-to-maturity Securities [Line Items]	'
Amortized Cost	$205,717,189
Gross Unrealized Gains	2,199,466
Gross Unrealized Losses	441,768
Estimated Fair Value	207,474,887
Obligations of U.S. Government agencies	'
Schedule of Held-to-maturity Securities [Line Items]	'
Amortized Cost	205,717,189
Gross Unrealized Gains	2,199,466
Gross Unrealized Losses	441,768
Estimated Fair Value	$207,474,887

Amortized_Cost_and_Estimated_F2

Amortized Cost and Estimated Fair Value of Securities by Contractual Maturity (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Available-for-sale, Amortized Cost	'	'
Due in one year or less	$6,923,239	$2,429,035
Due after one year through five years	13,565,955	25,040,034
Due after five years through ten years	82,700,057	106,046,230
Due after ten years	100,365,319	298,550,291
Amortized Cost	203,554,570	432,065,590
Held-to-maturity, Amortized Cost	'	'
Due after five years through ten years	18,237,573	'
Due after ten years	187,479,616	'
Amortized Cost	205,717,189	'
Available-for-sale, Estimated Fair Value	'	'
Due in one year or less	7,025,050	2,448,452
Due after one year through five years	13,964,319	26,060,534
Due after five years through ten years	81,116,351	101,286,491
Due after ten years	99,479,878	268,380,925
Total Fair Value	201,585,598	398,176,402
Held-to-maturity, Estimated Fair Value	'	'
Due after five years through ten years	18,396,756	'
Due after ten years	189,078,131	'
Total Fair Value	$207,474,887	'

Summary_of_Unrealized_Loss_Inf

Summary of Unrealized Loss Information for Securities Available-for-Sale (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months Fair Value	$10,626	$279,062
Less than 12 months Unrealized Losses	220	31,445
12 months or more Fair Value	101,609	39,147
12 months or more Unrealized Losses	5,841	5,572
Total Fair Value	112,235	318,209
Total Unrealized Losses	6,061	37,017
Obligations of U.S. Government agencies	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months Fair Value	9,784	255,350
Less than 12 months Unrealized Losses	216	29,954
12 months or more Fair Value	78,446	26,367
12 months or more Unrealized Losses	4,546	3,633
Total Fair Value	88,230	281,717
Total Unrealized Losses	4,762	33,587
State, county and municipal obligations	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months Fair Value	842	20,131
Less than 12 months Unrealized Losses	4	1,461
12 months or more Fair Value	20,345	10,014
12 months or more Unrealized Losses	1,088	1,680
Total Fair Value	21,187	30,145
Total Unrealized Losses	1,092	3,141
Other investments	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
12 months or more Fair Value	2,818	2,766
12 months or more Unrealized Losses	207	259
Total Fair Value	2,818	2,766
Total Unrealized Losses	207	259
Mortgage-backed securities	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months Fair Value	'	3,581
Less than 12 months Unrealized Losses	'	30
Total Fair Value	'	3,581
Total Unrealized Losses	'	$30

Summary_of_Unrealized_Loss_Inf1

Summary of Unrealized Loss Information for Securities Held-to-Maturity (Detail) (USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
Schedule of Held-to-maturity Securities [Line Items]	'
Less than 12 months Fair Value	$9,206
Less than 12 months Unrealized Losses	60
12 months or more Fair Value	18,301
12 months or more Unrealized Losses	382
Total Fair Value	27,507
Total Unrealized Losses	442
Obligations of U.S. Government agencies	'
Schedule of Held-to-maturity Securities [Line Items]	'
Less than 12 months Fair Value	9,206
Less than 12 months Unrealized Losses	60
12 months or more Fair Value	18,301
12 months or more Unrealized Losses	382
Total Fair Value	27,507
Total Unrealized Losses	$442

Composition_of_Net_Loans_Detai

Composition of Net Loans (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	$314,424,000	$307,716,000	'	'
Business loans	49,869,000	57,121,000	'	'
Consumer loans	26,028,000	27,831,000	'	'
Total Gross Loans	390,321,000	392,668,000	'	'
Unearned income	-578,000	-485,000	'	'
Allowance for loan losses	-8,539,428	-8,077,499	-6,803,043	-6,954,269
Loans, net	381,203,975	384,104,766	'	'
Land Development and Construction	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	36,309,000	27,224,000	'	'
Farmland	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	29,597,000	29,634,000	'	'
1-4 Family Mortgages	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	101,928,000	105,489,000	'	'
Commercial Real Estate	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	146,590,000	145,369,000	'	'
Commercial and Industrial Loans	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Business loans	48,616,000	55,813,000	'	'
Farm Production and Other Farm Loans	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Business loans	1,253,000	1,308,000	'	'
Credit Cards	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Consumer loans	1,014,000	1,087,000	'	'
Other Consumer Loans	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Consumer loans	$25,014,000	$26,744,000	'	'

PeriodEnd_NonAccrual_Loans_Seg

Period-End Non-Accrual Loans, Segregated by Class (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	$14,664	$13,592
Real Estate Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	12,421	11,248
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	114	136
Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	221	352
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	1,610	1,866
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	10,476	8,894
Business Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	2,117	2,224
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	2,117	2,224
Consumer Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	126	120
Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	$126	$120

Age_Analysis_of_Past_Due_Loans

Age Analysis of Past Due Loans, Segregated by Class (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	$16,221	$9,528
Loans 90 or more Days Past Due	12,270	10,547
Total Past Due Loans	28,491	20,075
Current Loans	361,830	372,593
Total Gross Loans	390,321	392,668
Accruing Loans 90 or more Days Past Due	587	2,095
Real Estate Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	12,929	8,131
Loans 90 or more Days Past Due	12,119	10,473
Total Past Due Loans	25,048	18,604
Current Loans	289,376	289,112
Total Gross Loans	314,424	307,716
Accruing Loans 90 or more Days Past Due	492	2,085
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	298	170
Loans 90 or more Days Past Due	13	'
Total Past Due Loans	311	170
Current Loans	35,998	27,054
Total Gross Loans	36,309	27,224
Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	2,285	419
Loans 90 or more Days Past Due	85	69
Total Past Due Loans	2,370	488
Current Loans	27,227	29,146
Total Gross Loans	29,597	29,634
Accruing Loans 90 or more Days Past Due	21	'
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	4,493	4,234
Loans 90 or more Days Past Due	761	1,088
Total Past Due Loans	5,254	5,322
Current Loans	96,674	100,167
Total Gross Loans	101,928	105,489
Accruing Loans 90 or more Days Past Due	258	335
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	5,853	3,308
Loans 90 or more Days Past Due	11,260	9,316
Total Past Due Loans	17,113	12,624
Current Loans	129,477	132,745
Total Gross Loans	146,590	145,369
Accruing Loans 90 or more Days Past Due	213	1,750
Business Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	2,182	253
Loans 90 or more Days Past Due	'	23
Total Past Due Loans	2,182	276
Current Loans	47,687	56,845
Total Gross Loans	49,869	57,121
Accruing Loans 90 or more Days Past Due	77	'
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	2,182	248
Loans 90 or more Days Past Due	'	23
Total Past Due Loans	2,182	271
Current Loans	46,434	55,542
Total Gross Loans	48,616	55,813
Accruing Loans 90 or more Days Past Due	77	'
Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	'	5
Total Past Due Loans	'	5
Current Loans	1,253	1,303
Total Gross Loans	1,253	1,308
Consumer Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	1,110	1,144
Loans 90 or more Days Past Due	151	51
Total Past Due Loans	1,261	1,195
Current Loans	24,767	26,636
Total Gross Loans	26,028	27,831
Accruing Loans 90 or more Days Past Due	18	10
Consumer Loans | Credit Cards	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	12	39
Loans 90 or more Days Past Due	8	10
Total Past Due Loans	20	49
Current Loans	994	1,038
Total Gross Loans	1,014	1,087
Accruing Loans 90 or more Days Past Due	8	10
Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	1,098	1,105
Loans 90 or more Days Past Due	143	41
Total Past Due Loans	1,241	1,146
Current Loans	23,773	25,598
Total Gross Loans	25,014	26,744
Accruing Loans 90 or more Days Past Due	$10	'

Impaired_Loans_Segregated_by_C

Impaired Loans, Segregated by Class of Loans (Detail) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	$14,664,000	$13,592,000
Recorded Investment With No Allowance	4,367,000	2,513,000
Recorded Investment With Allowance	10,296,595	11,079,526
Total Recorded Investment	14,664,000	13,592,000
Related Allowance	3,136,580	2,296,603
Average Recorded Investment	14,176,000	14,007,000
Real Estate Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	12,421,000	11,248,000
Recorded Investment With No Allowance	4,200,000	2,275,000
Recorded Investment With Allowance	8,221,000	8,973,000
Total Recorded Investment	12,421,000	11,248,000
Related Allowance	1,068,000	1,225,000
Average Recorded Investment	11,865,000	12,644,000
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	114,000	136,000
Recorded Investment With No Allowance	13,000	25,000
Recorded Investment With Allowance	101,000	111,000
Total Recorded Investment	114,000	136,000
Related Allowance	101,000	103,000
Average Recorded Investment	132,000	278,000
Real Estate Loans | Farmland	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	221,000	352,000
Recorded Investment With No Allowance	95,000	220,000
Recorded Investment With Allowance	126,000	132,000
Total Recorded Investment	221,000	352,000
Related Allowance	24,000	24,000
Average Recorded Investment	329,000	720,000
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	1,610,000	1,866,000
Recorded Investment With No Allowance	1,296,000	1,054,000
Recorded Investment With Allowance	314,000	812,000
Total Recorded Investment	1,610,000	1,866,000
Related Allowance	47,000	202,000
Average Recorded Investment	1,721,000	2,111,000
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	10,476,000	8,894,000
Recorded Investment With No Allowance	2,796,000	976,000
Recorded Investment With Allowance	7,680,000	7,918,000
Total Recorded Investment	10,476,000	8,894,000
Related Allowance	896,000	896,000
Average Recorded Investment	9,683,000	9,535,000
Business Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	2,117,000	2,224,000
Recorded Investment With No Allowance	41,000	118,000
Recorded Investment With Allowance	2,076,000	2,106,000
Total Recorded Investment	2,117,000	2,224,000
Related Allowance	2,069,000	1,072,000
Average Recorded Investment	2,148,000	1,197,000
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	2,117,000	2,224,000
Recorded Investment With No Allowance	41,000	118,000
Recorded Investment With Allowance	2,076,000	2,106,000
Total Recorded Investment	2,117,000	2,224,000
Related Allowance	2,069,000	1,072,000
Average Recorded Investment	2,148,000	1,195,000
Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Average Recorded Investment	'	2,000
Consumer Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	126,000	120,000
Recorded Investment With No Allowance	126,000	120,000
Total Recorded Investment	126,000	120,000
Average Recorded Investment	163,000	166,000
Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	126,000	120,000
Recorded Investment With No Allowance	126,000	120,000
Total Recorded Investment	126,000	120,000
Average Recorded Investment	$163,000	$166,000

Troubled_Debt_Restructurings_S

Troubled Debt Restructurings Segregated by Class (Detail) (USD $)	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
	Loan	Loan
Financing Receivable, Modifications [Line Items]	'	'
Number of Loans	5	5
Pre-Modification Outstanding Recorded Investment	$9,261	$9,261
Post-Modification Outstanding Recorded Investment	6,952	7,119
Commercial Real Estate	'	'
Financing Receivable, Modifications [Line Items]	'	'
Number of Loans	5	5
Pre-Modification Outstanding Recorded Investment	9,261	9,261
Post-Modification Outstanding Recorded Investment	$6,952	$7,119

Changes_in_Troubled_Debt_Restr

Changes in Troubled Debt Restructurings (Detail) (USD $)	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
	Loan	Loan
Financing Receivable, Impaired [Line Items]	'	'
Number of Loans	5	5
Principal paydowns, Recorded Investment	($167)	'
Post-Modification Outstanding Recorded Investment	$6,952	$7,119

Loans_Additional_Information_D

Loans - Additional Information (Detail) (Restructured Loans, USD $)	Jun. 30, 2014	Dec. 31, 2013
Restructured Loans	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Allowance for loan losses	$2,202,414	$1,196,274

Detailed_Amount_of_Gross_Loans

Detailed Amount of Gross Loans Segregated by Loan Grade and Class (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	$390,321	$392,668
Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	314,424	307,716
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	36,309	27,224
Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	29,597	29,634
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	101,928	105,489
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	146,590	145,369
Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	49,869	57,121
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	48,616	55,813
Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	1,253	1,308
Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	26,028	27,831
Consumer Loans | Credit Cards	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	1,014	1,087
Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	25,014	26,744
Satisfactory 1, 2, 3, 4	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	345,074	343,960
Satisfactory 1, 2, 3, 4 | Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	272,507	262,772
Satisfactory 1, 2, 3, 4 | Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	34,387	25,165
Satisfactory 1, 2, 3, 4 | Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	25,230	25,160
Satisfactory 1, 2, 3, 4 | Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	85,080	87,108
Satisfactory 1, 2, 3, 4 | Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	127,810	125,339
Satisfactory 1, 2, 3, 4 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	47,183	54,169
Satisfactory 1, 2, 3, 4 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	45,930	52,871
Satisfactory 1, 2, 3, 4 | Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	1,253	1,298
Satisfactory 1, 2, 3, 4 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	25,384	27,019
Satisfactory 1, 2, 3, 4 | Consumer Loans | Credit Cards	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	1,006	1,077
Satisfactory 1, 2, 3, 4 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	24,378	25,942
Special Mention 5,6	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	11,542	21,295
Special Mention 5,6 | Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	10,913	11,522
Special Mention 5,6 | Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	192
Special Mention 5,6 | Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	825	744
Special Mention 5,6 | Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	4,334	4,671
Special Mention 5,6 | Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	5,754	5,915
Special Mention 5,6 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	425	434
Special Mention 5,6 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	425	426
Special Mention 5,6 | Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	8
Special Mention 5,6 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	204	193
Special Mention 5,6 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	204	193
Substandard 7	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	31,647	34,414
Substandard 7 | Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	31,004	33,422
Substandard 7 | Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	1,922	1,867
Substandard 7 | Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	3,542	3,730
Substandard 7 | Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	12,514	13,710
Substandard 7 | Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	13,026	14,115
Substandard 7 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	233	418
Substandard 7 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	233	416
Substandard 7 | Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	2
Substandard 7 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	410	574
Substandard 7 | Consumer Loans | Credit Cards	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	8	10
Substandard 7 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	402	564
Doubtful 8	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	2,053	2,142
Doubtful 8 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	2,028	2,100
Doubtful 8 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	2,028	2,100
Doubtful 8 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	25	42
Doubtful 8 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	25	42
Loss 9	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	5	3
Loss 9 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	5	3
Loss 9 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	$5	$3

Detailed_Activity_in_Allowance

Detailed Activity in Allowance for Loan Losses by Portfolio Segment (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	$8,077,499	$6,954,269
Provision for possible loan losses	211,535	574,595	572,903	749,104
Chargeoffs	'	'	191,662	1,027,672
Recoveries	'	'	80,689	127,342
Net Chargeoffs	'	'	110,973	900,330
Ending Balance	8,539,428	6,803,043	8,539,428	6,803,043
Loans individually evaluated for impairment	3,136,580	1,299,515	3,136,580	1,299,515
Loans collectively evaluated for impairment	5,402,848	5,503,528	5,402,848	5,503,528
Ending Balance	8,539,428	6,803,043	8,539,428	6,803,043
Real Estate Loans	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	4,705,753	4,629,559
Provision for possible loan losses	'	'	-172,350	640,104
Chargeoffs	'	'	101,615	606,296
Recoveries	'	'	35,488	72,133
Net Chargeoffs	'	'	66,127	534,163
Ending Balance	4,467,276	4,735,500	4,467,276	4,735,500
Loans individually evaluated for impairment	1,067,821	1,244,809	1,067,821	1,244,809
Loans collectively evaluated for impairment	3,399,455	3,490,691	3,399,455	3,490,691
Ending Balance	4,467,276	4,735,500	4,467,276	4,735,500
Business Loans	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	2,767,409	1,554,698
Provision for possible loan losses	'	'	764,154	262,487
Chargeoffs	'	'	22,760	345,651
Recoveries	'	'	5,748	13,311
Net Chargeoffs	'	'	17,012	332,340
Ending Balance	3,514,551	1,484,845	3,514,551	1,484,845
Loans individually evaluated for impairment	2,068,759	54,706	2,068,759	54,706
Loans collectively evaluated for impairment	1,445,792	1,430,139	1,445,792	1,430,139
Ending Balance	3,514,551	1,484,845	3,514,551	1,484,845
Consumer Loans	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	604,337	770,012
Provision for possible loan losses	'	'	-18,902	-153,487
Chargeoffs	'	'	67,287	75,725
Recoveries	'	'	39,453	41,898
Net Chargeoffs	'	'	27,834	33,827
Ending Balance	557,601	582,698	557,601	582,698
Loans collectively evaluated for impairment	557,601	582,698	557,601	582,698
Ending Balance	$557,601	$582,698	$557,601	$582,698

Recorded_Investment_in_Loans_R

Recorded Investment in Loans Related to Balance in Allowance for Possible Loan Losses by Portfolio Segment (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	$14,664	$13,592
Loans collectively evaluated for general impairment	375,657	379,076
Total Gross Loans	390,321	392,668
Real Estate Loans	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	12,421	11,248
Loans collectively evaluated for general impairment	302,003	296,468
Total Gross Loans	314,424	307,716
Business Loans	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	2,117	2,224
Loans collectively evaluated for general impairment	47,752	54,897
Total Gross Loans	49,869	57,121
Consumer Loans	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	126	120
Loans collectively evaluated for general impairment	25,902	27,711
Total Gross Loans	$26,028	$27,831

Assets_and_Liabilities_Measure

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	$201,585,598	$398,176,402
Significant Other Observable Inputs (Level 2)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	198,767,680	395,410,199
Significant Unobservable Inputs (Level 3)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	2,817,918	2,766,203
Fair Value, Measurements, Recurring	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	201,585,598	398,176,402
Fair Value, Measurements, Recurring | Obligations of U. S. Government Agencies	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	89,329,494	282,816,400
Fair Value, Measurements, Recurring | Mortgage-backed securities	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	15,817,750	17,166,394
Fair Value, Measurements, Recurring | State, county and municipal obligations	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	93,620,436	95,427,405
Fair Value, Measurements, Recurring | Other investments	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	2,817,918	2,766,203
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	198,767,680	395,410,199
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Obligations of U. S. Government Agencies	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	89,329,494	282,816,400
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-backed securities	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	15,817,750	17,166,394
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | State, county and municipal obligations	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	93,620,436	95,427,405
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	2,817,918	2,766,203
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Other investments	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	$2,817,918	$2,766,203

Assets_Measured_at_Fair_Value_

Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'
Balance at January 1, 2014	$2,766,203
Unrealized losses included in other comprehensive income	51,716
Balance at June 30, 2014	$2,817,919

Asset_Measured_at_Fair_Value_o

Asset Measured at Fair Value on Nonrecurring Basis (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Other real estate owned	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Assets measured at fair value on non-recurring Basis	$421,673	$1,697,450
Fair Value, Measurements, Nonrecurring	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Assets measured at fair value on non-recurring Basis	9,333,090	9,428,391
Fair Value, Measurements, Nonrecurring | Impaired loans	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Assets measured at fair value on non-recurring Basis	7,160,015	8,782,923
Fair Value, Measurements, Nonrecurring | Other real estate owned	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Assets measured at fair value on non-recurring Basis	2,173,075	645,468
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3)	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Assets measured at fair value on non-recurring Basis	9,333,090	9,428,391
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3) | Impaired loans	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Assets measured at fair value on non-recurring Basis	7,160,015	8,782,923
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3) | Other real estate owned	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Assets measured at fair value on non-recurring Basis	$2,173,075	$645,468

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments - Additional Information (Detail) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
	Property	Property
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Carrying value of an impaired loan	$10,296,595	$11,079,526
Impaired loans, allowance for loan losses	3,136,580	2,296,603
Other real estate owned	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Other real estate owned	421,673	1,697,450
Other real estate owned ("OREO") acquired and sold during period	8,099	'
Additional write downs on OREO previously acquired	463,908	276,400
Number of real estate properties acquired	10	4
Real Estate Investment Property, at Cost	$1,759,501	$645,468

Carrying_Value_and_Estimated_F

Carrying Value and Estimated Fair Value of Financial Instruments (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Financial assets	'	'
Cash and due from banks	$22,135,487	$16,040,195
Interest bearing deposits with banks	6,923,219	684,100
Securities held-to-maturity	207,474,887	'
Securities available-for-sale	201,585,598	398,176,402
Net loans	382,676,030	385,646,132
Financial liabilities	'	'
Deposits	691,590,795	654,788,316
Federal Home Loan Bank advances	34,557,435	34,622,359
Securities Sold under Agreement to Repurchase	76,701,609	82,420,781
Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'
Financial assets	'	'
Cash and due from banks	22,135,487	16,040,195
Interest bearing deposits with banks	6,923,219	684,100
Financial liabilities	'	'
Deposits	463,328,947	422,186,092
Securities Sold under Agreement to Repurchase	76,701,609	82,420,781
Significant Other Observable Inputs (Level 2)	'	'
Financial assets	'	'
Securities held-to-maturity	207,474,887	'
Securities available-for-sale	198,767,680	395,410,199
Significant Unobservable Inputs (Level 3)	'	'
Financial assets	'	'
Securities available-for-sale	2,817,918	2,766,203
Net loans	382,676,030	385,646,132
Financial liabilities	'	'
Deposits	228,261,848	232,602,224
Federal Home Loan Bank advances	34,557,435	34,622,359
Carrying Value	'	'
Financial assets	'	'
Cash and due from banks	22,135,487	16,040,195
Interest bearing deposits with banks	6,923,219	684,100
Securities held-to-maturity	205,717,189	'
Securities available-for-sale	201,585,598	432,065,590
Net loans	381,203,975	384,104,766
Financial liabilities	'	'
Deposits	691,447,365	654,629,796
Federal Home Loan Bank advances	33,500,000	33,500,000
Securities Sold under Agreement to Repurchase	$76,701,609	$82,420,781