Citizens Holding (CIZN) 10-Q 10 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 10, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
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 $)	Sep. 30, 2014	Dec. 31, 2013
ASSETS	'	'
Cash and due from banks	$19,112,785	$16,040,195
Interest bearing deposits with other banks	14,868,718	684,100
Investment securities held to maturity, at amortized cost	206,261,065	'
Investment securities available for sale, at fair value	200,389,756	398,176,402
Loans, net of allowance for loan losses of $6,727,494 in 2014 and $8,077,499 in 2013	381,992,340	384,104,766
Premises and equipment, net	19,490,487	18,623,154
Other real estate owned, net	2,272,213	3,751,168
Accrued interest receivable	4,782,450	4,132,053
Cash value of life insurance	22,081,375	22,208,962
Intangible assets, net	3,149,657	3,149,657
Other assets	15,492,593	22,198,442
TOTAL ASSETS	889,893,439	873,068,899
Deposits:	'	'
Noninterest-bearing demand	137,845,185	120,424,895
Interest-bearing NOW and money market accounts	273,569,192	248,015,410
Savings deposits	59,549,048	53,745,787
Certificates of deposit	224,327,784	232,443,704
Total deposits	695,291,209	654,629,796
Securities sold under agreement to repurchase	82,318,447	82,420,781
Federal funds purchased	'	27,500,000
Federal Home Loan Bank advances	23,500,000	33,500,000
Accrued interest payable	188,787	199,513
Deferred compensation payable	7,227,777	6,719,948
Other liabilities	1,773,327	1,832,659
Total liabilities	810,299,547	806,802,697
SHAREHOLDERS' EQUITY	'	'
Common stock; $.20 par value, 22,500,000 shares authorized, 4,877,614 shares outstanding at September 30, 2014 and 4,870,114 shares outstanding at December 31, 2013	975,482	974,023
Additional paid-in capital	3,827,217	3,748,176
Retained earnings	85,361,191	82,792,524
Accumulated other comprehensive loss, net of tax benefit of $6,288,053 in 2014 and $12,640,667 in 2013	-10,569,998	-21,248,521
Total shareholders' equity	79,593,892	66,266,202
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$889,893,439	$873,068,899

Consolidated_Statements_of_Con1

Consolidated Statements of Condition (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Loans, allowance for loan losses	$6,727,494	$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	$6,288,053	$12,640,667

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
INTEREST INCOME	'	'	'	'
Loans, including fees	$4,998,738	$5,150,046	$15,110,093	$15,469,869
Investment securities	2,822,783	2,923,893	8,570,907	8,545,222
Other interest	8,285	4,781	20,247	42,195
Total interest income	7,829,806	8,078,720	23,701,247	24,057,286
INTEREST EXPENSE	'	'	'	'
Deposits	450,901	458,497	1,291,067	1,473,254
Other borrowed funds	307,841	367,229	930,485	1,769,780
Total interest expense	758,742	825,726	2,221,552	3,243,034
NET INTEREST INCOME	7,071,064	7,252,994	21,479,695	20,814,252
PROVISION FOR LOAN LOSSES	205,027	1,079,838	777,930	1,828,942
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	6,866,037	6,173,156	20,701,765	18,985,310
OTHER INCOME	'	'	'	'
Service charges on deposit accounts	1,043,505	1,028,592	2,937,062	2,833,391
Other service charges and fees	575,169	550,167	1,584,301	1,476,680
Other income	437,223	604,768	1,801,636	1,483,317
Total other income	2,055,897	2,183,527	6,322,999	5,793,388
OTHER EXPENSES	'	'	'	'
Salaries and employee benefits	3,242,294	3,280,877	9,850,501	9,923,364
Occupancy expense	1,360,039	1,144,231	3,904,096	3,367,937
Other operating expense	1,836,925	1,425,135	6,099,519	5,263,137
Total other expenses	6,439,258	5,850,243	19,854,116	18,554,438
INCOME BEFORE PROVISION FOR INCOME TAXES	2,482,676	2,506,440	7,170,648	6,224,260
PROVISION FOR INCOME TAXES	584,456	496,977	1,382,756	1,196,607
NET INCOME	$1,898,220	$2,009,463	$5,787,892	$5,027,653
NET INCOME PER SHARE	'	'	'	'
-Basic	$0.39	$0.41	$1.19	$1.03
-Diluted	$0.39	$0.41	$1.19	$1.03
DIVIDENDS PAID PER SHARE	$0.22	$0.22	$0.66	$0.66

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net income	$1,898,220	$2,009,463	$5,787,892	$5,027,653
Other comprehensive income (loss)	'	'	'	'
Unrealized holding gains (losses)	1,230,555	-8,675,917	33,198,668	-34,713,829
Income tax effect	-458,997	3,236,117	-12,383,103	12,948,258
Net unrealized gains (losses) , securities available-for-sale	771,558	-5,439,800	20,815,565	-21,765,571
Reclassification adjustment for gains included in net income	-5,436	-268,733	-14,538	-423,388
Income tax effect	2,028	100,238	5,423	157,924
Net gains (losses) included in net income	-3,408	-168,495	-9,115	-265,464
Securities held-to-maturity	'	'	'	'
Unrealized losses transferred to held-to-maturity	'	'	-17,061,438	'
Amortization of net unrealized losses transferred during the period	494,536	'	908,444	'
Income tax effect	-184,462	'	6,025,067	'
Net unrealized gains (losses), securities held-to-maturity	310,074	'	-10,127,927	'
Total other comprehensive income (loss)	1,078,224	-5,608,295	10,678,523	-22,031,035
Comprehensive income (loss)	$2,976,444	($3,598,832)	$16,466,415	($17,003,382)

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net cash provided by operating activities	$7,248,415	$8,621,916
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Proceeds from maturities and calls of securities available for sale	6,869,327	77,076,345
Proceeds from sales of securities available for sale	1,396,134	41,550,629
Purchases of investment securities available for sale	'	-142,276,646
Purchases of bank premises and equipment	-1,738,665	-264,331
(Decrease) increase in interest bearing deposits with other banks	-14,184,618	15,507,692
Purchase of Federal Home Loan Bank Stock	'	-438,600
Proceeds from sale of other real estate	1,640,220	1,431,927
Redemption of Federal Home Loan Bank Stock	1,292,600	1,052,000
Net decrease (increase) in loans	709,323	-11,040,218
Net cash used by investing activities	-4,015,679	-17,401,202
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Net increase in deposits	40,661,413	6,141,852
Net change in securities sold under agreement to repurchase	-102,334	3,051,004
Proceeds from exercising stock options	'	128,949
Decrease in Federal Home Loan Bank advances	-10,000,000	-13,000,000
(Decrease) increase in federal funds purchased	-27,500,000	13,200,000
Payment of dividends	-3,219,225	-3,213,945
Net cash (used by) provided by financing activities	-160,146	6,307,860
Net increase (decrease) in cash and due from banks	3,072,590	-2,471,426
Cash and due from banks, beginning of period	16,040,195	21,561,288
Cash and due from banks, end of period	$19,112,785	$19,089,862

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 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 September 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	9 Months Ended
	Sep. 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 September 30, 2014, the Corporation had entered into loan commitments with certain customers with an aggregate unused balance of $64,321,118 compared to an aggregate unused balance of $40,701,380 at December 31, 2013. There was $2,860,480 of letters of credit outstanding at September 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	9 Months Ended
	Sep. 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 Nine Months
		Ended September 30,				Ended September 30,
		2014		2013		2014		2013
	Basic weighted average shares outstanding		4,870,114		4,870,114		4,870,114		4,867,475
	Dilutive effect of granted options		605		50		550		1,994
	Diluted weighted average shares outstanding		4,870,719		4,870,164		4,870,664		4,869,469
	Net income	$	1,898,220	$	2,009,463	$	5,787,892	$	5,027,653
	Net income per share-basic	$	0.39	$	0.41	$	1.19	$	1.03
	Net income per share-diluted	$	0.39	$	0.41	$	1.19	$	1.03

Equity_Compensation_Plans

Equity Compensation Plans	9 Months Ended
	Sep. 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 nine months ended September 30, 2014.
		Directors’ Plan					Employees’ Plan					2013 Plan
		Number			Weighted		Number			Weighted		Number		Weighted
		of Shares			Average		of Shares			Average		of		Average
					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		(35,500	)		21.95		—		—
	Outstanding at September 30, 2014		96,000		$	21.23		46,500		$	22.14		—	$	—
	The intrinsic value of options granted under the Directors’ Plan at September 30, 2014, was $19,890, the intrinsic value of options granted under the Employees’ Plan at September 30, 2014, was $1,770, 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 September 30, 2014, of $21,660.
	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, the Corporation’s directors received restricted stock grants totaling 7,500 shares of common stock. These grants vest over a one-year period 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 one year restriction period at a cost of $11,500 per month less deferred taxes of $4,290 per month.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 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 September 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 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	9 Months Ended
	Sep. 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:
	September 30, 2014	Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	Securities available-for-sale
	Obligations of U.S. Government agencies	$	93,994,260	$	94,600	$	4,137,370	$	89,951,490
	Mortgage-backed securities		13,946,468		888,925		—		14,835,393
	State, County, Municipals		90,230,157		3,132,117		608,876		92,753,398
	Other investments		3,008,646		—		159,171		2,849,475
	Total	$	201,179,531	$	4,115,642	$	4,905,417	$	200,389,756
	December 31, 2013	Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	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:
	September 30, 2014	Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	Securities held-to-maturity
	Obligations of U.S.
	Government agencies	$	206,261,065	$	4,621,783	$	145,899	$	210,736,949
	Total	$	206,261,065	$	4,621,783	$	145,899	$	210,736,949
	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 September 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.
		September 30, 2014				December 31, 2013
		Amortized		Estimated		Amortized		Estimated
		Cost		Fair Value		Cost		Fair Value
	Available-for-sale
	Due in one year or less	$	3,168,334	$	3,185,063	$	2,429,035	$	2,448,452
	Due after one year through five years		27,936,272		29,258,691		25,040,034		26,060,534
	Due after five years through ten years		85,207,661		83,975,391		106,046,230		101,286,491
	Due after ten years		84,867,266		83,970,611		298,550,291		268,380,925
	Total	$	201,179,533	$	200,389,756	$	432,065,590	$	398,176,402
	Held-to-maturity
	Due after five years through ten years	$	18,270,062	$	18,495,559	$	—	$	—
	Due after ten years		187,991,003		192,241,390		—		—
	Total	$	206,261,065	$	210,736,949	$	—	$	—
	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 September 30, 2014 and December 31, 2013.
	A summary of unrealized loss information for securities available-for-sale, categorized by security type follows (in thousands):
	September 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	$	—	$	—	$	88,857	$	4,137	$	88,857	$	4,137
	State, County, Municipal		535		1		19,947		608		20,482		609
	Other investments		—		—		2,849		159		2,849		159
	Total	$	535	$	1	$	111,653	$	4,904	$	112,188	$	4,905
	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):
September 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	$	9,331	$	33	$	9,271	$	113	$	18,602	$	146
Total	$	9,331	$	33	$	9,271	$	113	$	18,602	$	146
There were no securities designated as held-to-maturity as of December 31, 2013.

Loans

Loans	9 Months Ended
	Sep. 30, 2014
Loans	'
	Note 7. Loans
	The composition of net loans (in thousands) at September 30, 2014 and December 31, 2013 is as follows:
		September 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	36,608		$	27,224
	Farmland		28,643			29,634
	1-4 Family Mortgages		102,601			105,489
	Commercial Real Estate		146,507			145,369
	Total Real Estate Loans		314,359			307,716
	Business Loans:
	Commercial and Industrial Loans		48,102			55,813
	Farm Production and Other Farm Loans		1,164			1,308
	Total Business Loans		49,266			57,121
	Consumer Loans:
	Credit Cards		990			1,087
	Other Consumer Loans		24,631			26,744
	Total Consumer Loans		25,621			27,831
	Total Gross Loans		389,246			392,668
	Unearned income		(526	)		(485	)
	Allowance for loan losses		(6,728	)		(8,078	)
	Loans, net	$	381,992		$	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:
		September 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	97		$	136
	Farmland		1,889			352
	1-4 Family Mortgages		1,805			1,866
	Commercial Real Estate		10,795			8,894
	Total Real Estate Loans		14,586			11,248
	Business Loans:
	Commercial and Industrial Loans		79			2,224
	Total Business Loans		79			2,224
	Consumer Loans:
	Other Consumer Loans		130			120
	Total Consumer Loans		130			120
	Total Non-Accrual Loans	$	14,795		$	13,592
	An aging analysis of past due loans (in thousands), segregated by class, as of September 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	$	344		$	—		$	344		$	36,264	$	36,608	$	—
	Farmland		547			1,655			2,202			26,441		28,643		—
	1-4 Family Mortgages		3,852			723			4,575			98,026		102,601		—
	Commercial Real Estate		3,196			6,090			9,286			137,221		146,507		42
	Total Real Estate Loans		7,939			8,468			16,407			297,952		314,359		42
	Business Loans:
	Commercial and Industrial Loans		234			—			234			47,868		48,102		—
	Farm Production and Other Farm Loans		7			—			7			1,157		1,164		—
	Total Business Loans		241			—			241			49,025		49,266		—
	Consumer Loans:
	Credit Cards		18			8			26			964		990		8
	Other Consumer Loans		861			83			944			23,687		24,631		14
	Total Consumer Loans		879			91			970			24,651		25,621		22
	Total Loans	$	9,059		$	8,559		$	17,618		$	371,628	$	389,246	$	64
	An aging analysis of past due loans (in thousands), segregated by class, as of December 31, 2013 was as follows:
															Accruing
					Loans										Loans
		Loans			90 or more										90 or more
		30-89 Days			Days			Total Past			Current		Total		Days
	Past Due			Past Due			Due Loans			Loans		Loans		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 September 30, 2014 and December 31, 2013, segregated by class, are as follows:
				Recorded			Recorded
	Unpaid			Investment			Investment			Total				Average
	Principal			With No			With			Recorded		Related		Recorded
September 30, 2014	Balance			Allowance			Allowance			Investment		Allowance		Investment
Real Estate:
Land Development and Construction	$	96		$	—		$	96		$	96	$	98	$	105
Farmland		1,889			1,767			122			1,889		24		1,055
1-4 Family Mortgages		3,190			2,395			795			3,190		122		2,400
Commercial Real Estate		10,915			3,208			7,707			10,915		1,541		10,695
Total Real Estate Loans		16,090			7,370			8,720			16,090		1,785		14,255
Business Loans:
Commercial and Industrial Loans		79			37			42			79		41		1,098
Total Business Loans		79			37			42			79		41		1,098
Consumer Loans:
Other Consumer Loans		130			130			—			130		—		128
Total Consumer Loans		130			130			—			130		—		128
Total Loans	$	16,299		$	7,537		$	8,762		$	16,299	$	1,826	$	15,481
				Recorded			Recorded
	Unpaid			Investment			Investment			Total				Average
	Principal			With No			With			Recorded		Related		Recorded
December 31, 2013	Balance			Allowance			Allowance			Investment		Allowance		Investment
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:
				Pre-Modification			Post-Modification
				Outstanding			Outstanding
	Number of			Recorded			Recorded
September 30, 2014	Loans			Investment			Investment
Commercial real estate		5		$	9,261		$	4,837
Total		5		$	9,261		$	4,837
				Pre-Modification			Post-Modification
				Outstanding			Outstanding
	Number of			Recorded			Recorded
December 31, 2013	Loans			Investment			Investment
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:
Chargeoff					(2,028	)
Principal paydowns					(254	)
Total at September 30, 2014		5		$	4,837
The allocated allowance for loan losses attributable to restructured loans was $174,274 at September 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 September 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 September 30, 2014.
The following table details the amount of gross loans (in thousands), segregated by loan grade and class, as of September 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	$	35,389		$	491		$	728		$	—	$	—	$	36,608
Farmland		24,282			807			3,554			—		—		28,643
1-4 Family Mortgages		84,248			5,610			12,743			—		—		102,601
Commercial Real Estate		118,670			13,726			14,111			—		—		146,507
Total Real Estate Loans		262,589			20,634			31,136			—		—		314,359
Business Loans:
Commercial and Industrial Loans		47,561			347			194			—		—		48,102
Farm Production and Other Farm Loans		1,164			—			—			—		—		1,164
Total Business Loans		48,725			347			194			—		—		49,266
Consumer Loans:
Credit Cards		962			—			8			—		—		990
Other Consumer Loans		24,005			158			432			36		—		24,631
Total Consumer Loans		24,987			158			440			36		—		25,621
Total Loans	$	336,301		$	21,139		$	31,770		$	36	$	—	$	389,246
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 nine months ended September 30, 2014:
	Real			Business
September 30, 2014	Estate			Loans			Consumer			Total
Beginning Balance, January 1, 2014	$	4,705,753		$	2,767,409		$	604,337		$	8,077,499
Provision for possible loan losses		69,710			736,437			(28,217	)		777,930
Chargeoffs		181,146			2,050,939			102,672			2,334,757
Recoveries		145,004			9,099			52,719			206,822
Net Chargeoffs		36,142			2,041,840			49,953			2,127,935
Ending Balance	$	4,739,321		$	1,462,006		$	526,167		$	6,727,494
Period end allowance allocated to:
Loans individually evaluated for impairment	$	1,785,019		$	40,619		$	—		$	1,825,638
Loans collectively evaluated for impairment		2,954,302			1,421,387			526,167			4,901,856
Ending Balance, September 30, 2014	$	4,739,321		$	1,462,006		$	526,167		$	6,727,494
The following table details activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2013:
	Real			Business
September 30, 2013	Estate			Loans			Consumer			Total
Beginning Balance, January 1, 2013	$	4,629,559		$	1,554,698		$	770,012		$	6,954,269
Provision for possible loan losses		923,965			1,023,825			(118,848	)		1,828,942
Chargeoffs		696,475			375,498			104,553			1,176,526
Recoveries		81,516			21,515			60,325			163,356
Net Chargeoffs		614,959			353,983			44,228			1,013,170
Ending Balance, September 30, 2013	$	4,938,565		$	2,224,540		$	606,936		$	7,770,041
Period end allowance allocated to:
Loans individually evaluated for impairment	$	1,188,691		$	650,727		$	—		$	1,839,418
Loans collectively evaluated for impairment		3,749,874			1,573,813			606,936			5,930,623
Ending Balance, September 30, 2013	$	4,938,565		$	2,224,540		$	606,936		$	7,770,041
The Corporation’s recorded investment in loans as of September 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):
September 30, 2014	Real			Business			Consumer			Total
	Estate			Loans
Loans individually evaluated for specific impairment	$	16,090		$	79		$	130		$	16,299
Loans collectively evaluated for general impairment		298,269			49,187			25,491			372,947
	$	314,359		$	49,266		$	25,621		$	389,246
December 31, 2013	Real			Business			Consumer			Total
	Estate			Loans
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	9 Months Ended
	Sep. 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 September 30, 2014:
		Quoted Prices
		in Active			Significant
		Markets for			Other		Significant
		Identical			Observable		Unobservable
		Assets			Inputs		Inputs
		(Level 1)			(Level 2)		(Level 3)		Totals
	Securities available for sale
	Obligations of U. S. Government Agencies	$	—		$	89,951,490	$	—	$	89,951,490
	Mortgage-backed securities		—			14,835,392		—		14,835,392
	State, county and municipal obligations		—			92,753,399		—		92,753,399
	Other investments		—			—		2,849,475		2,849,475
	Total	$	—		$	197,540,281	$	2,849,475	$	200,389,756
	The following table presents assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2013:
		Quoted Prices
		in Active			Significant
		Markets for			Other		Significant
		Identical			Observable		Unobservable
		Assets			Inputs		Inputs
		(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		83,272
	Balance at September 30, 2014	$	2,849,475
	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 September 30, 2014, the following table provides the hierarchy level and the fair value of the related assets:
		Quoted Prices
		in Active			Significant
		Markets for			Other		Significant
		Identical			Observable		Unobservable
		Assets			Inputs		Inputs
		(Level 1)			(Level 2)		(Level 3)		Totals
	Impaired loans	$	—		$	—	$	6,637,917	$	6,637,917
	Other real estate owned		—			—		1,252,823		1,252,823
	Total	$	—		$	—	$	7,890,740	$	7,890,740
	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
		in Active			Significant
		Markets for			Other		Significant
		Identical			Observable		Unobservable
		Assets			Inputs		Inputs
		(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 $8,762,613 and $11,079,526 had an allocated allowance for loan losses of $1,825,638 and $2,296,603 at September 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 nine-month period ended September 30, 2014, and recorded at fair value, less costs to sell, was $625,173, of which $101,849 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 September 30, 2014, and December 31, 2013:
				Quoted Prices
				in Active		Significant
				Markets for		Other		Significant		Total
	Carrying			Identical		Observable		Unobservable		Fair
September 30, 2014	Value			Assets		Inputs		Inputs		Value
				(Level 1)		(Level 2)		(Level 3)
Financial assets
Cash and due from banks	$	19,112,785		$	19,112,785	$	—	$	—	$	19,112,785
Interest bearing deposits with banks		14,868,718			14,868,718		—		—		14,868,718
Securities held-to-maturity		206,261,065					210,736,949				210,736,949
Securities available-for-sale		200,389,756			—		197,540,281		2,849,475		200,389,756
Net loans		381,992,340			—		—		382,242,913		382,242,913
Financial liabilities
Deposits	$	695,291,209		$	470,963,425	$	—	$	224,476,684	$	695,440,109
Federal Home Loan Bank advances		23,500,000			—		—		24,346,302		24,346,302
Securities Sold under Agreement to Repurchase		82,318,447			82,318,447		—		—		82,318,447
				Quoted Prices
				in Active		Significant
				Markets for		Other		Significant		Total
	Carrying			Identical		Observable		Unobservable		Fair
December 31, 2013	Value			Assets		Inputs		Inputs		Value
				(Level 1)		(Level 2)		(Level 3)
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)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share	'
	Net income per share was computed as follows:
		For the Three Months				For the Nine Months
		Ended September 30,				Ended September 30,
		2014		2013		2014		2013
	Basic weighted average shares outstanding		4,870,114		4,870,114		4,870,114		4,867,475
	Dilutive effect of granted options		605		50		550		1,994
	Diluted weighted average shares outstanding		4,870,719		4,870,164		4,870,664		4,869,469
	Net income	$	1,898,220	$	2,009,463	$	5,787,892	$	5,027,653
	Net income per share-basic	$	0.39	$	0.41	$	1.19	$	1.03
	Net income per share-diluted	$	0.39	$	0.41	$	1.19	$	1.03

Equity_Compensation_Plans_Tabl

Equity Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2014
Summary of Stock Option Activity	'
	The following table is a summary of the stock option activity for the nine months ended September 30, 2014.
		Directors’ Plan					Employees’ Plan					2013 Plan
		Number			Weighted		Number			Weighted		Number		Weighted
		of Shares			Average		of Shares			Average		of		Average
					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		(35,500	)		21.95		—		—
	Outstanding at September 30, 2014		96,000		$	21.23		46,500		$	22.14		—	$	—

Securities_Tables

Securities (Tables)	9 Months Ended
	Sep. 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:
	September 30, 2014	Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	Securities available-for-sale
	Obligations of U.S. Government agencies	$	93,994,260	$	94,600	$	4,137,370	$	89,951,490
	Mortgage-backed securities		13,946,468		888,925		—		14,835,393
	State, County, Municipals		90,230,157		3,132,117		608,876		92,753,398
	Other investments		3,008,646		—		159,171		2,849,475
	Total	$	201,179,531	$	4,115,642	$	4,905,417	$	200,389,756
	December 31, 2013	Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	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:
	September 30, 2014	Amortized		Gross		Gross		Estimated
		Cost		Unrealized		Unrealized		Fair Value
				Gains		Losses
	Securities held-to-maturity
	Obligations of U.S.
	Government agencies	$	206,261,065	$	4,621,783	$	145,899	$	210,736,949
	Total	$	206,261,065	$	4,621,783	$	145,899	$	210,736,949
Amortized Cost and Estimated Fair Value of Securities by Contractual Maturity	'
	The amortized cost and estimated fair value of securities by contractual maturity at September 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.
		September 30, 2014				December 31, 2013
		Amortized		Estimated		Amortized		Estimated
		Cost		Fair Value		Cost		Fair Value
	Available-for-sale
	Due in one year or less	$	3,168,334	$	3,185,063	$	2,429,035	$	2,448,452
	Due after one year through five years		27,936,272		29,258,691		25,040,034		26,060,534
	Due after five years through ten years		85,207,661		83,975,391		106,046,230		101,286,491
	Due after ten years		84,867,266		83,970,611		298,550,291		268,380,925
	Total	$	201,179,533	$	200,389,756	$	432,065,590	$	398,176,402
	Held-to-maturity
	Due after five years through ten years	$	18,270,062	$	18,495,559	$	—	$	—
	Due after ten years		187,991,003		192,241,390		—		—
	Total	$	206,261,065	$	210,736,949	$	—	$	—
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):
	September 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	$	—	$	—	$	88,857	$	4,137	$	88,857	$	4,137
	State, County, Municipal		535		1		19,947		608		20,482		609
	Other investments		—		—		2,849		159		2,849		159
	Total	$	535	$	1	$	111,653	$	4,904	$	112,188	$	4,905
	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):
	September 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	$	9,331	$	33	$	9,271	$	113	$	18,602	$	146
	Total	$	9,331	$	33	$	9,271	$	113	$	18,602	$	146

Loans_Tables

Loans (Tables)	9 Months Ended
	Sep. 30, 2014
Composition of Net Loans	'
	The composition of net loans (in thousands) at September 30, 2014 and December 31, 2013 is as follows:
		September 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	36,608		$	27,224
	Farmland		28,643			29,634
	1-4 Family Mortgages		102,601			105,489
	Commercial Real Estate		146,507			145,369
	Total Real Estate Loans		314,359			307,716
	Business Loans:
	Commercial and Industrial Loans		48,102			55,813
	Farm Production and Other Farm Loans		1,164			1,308
	Total Business Loans		49,266			57,121
	Consumer Loans:
	Credit Cards		990			1,087
	Other Consumer Loans		24,631			26,744
	Total Consumer Loans		25,621			27,831
	Total Gross Loans		389,246			392,668
	Unearned income		(526	)		(485	)
	Allowance for loan losses		(6,728	)		(8,078	)
	Loans, net	$	381,992		$	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:
		September 30, 2014			December 31, 2013
	Real Estate:
	Land Development and Construction	$	97		$	136
	Farmland		1,889			352
	1-4 Family Mortgages		1,805			1,866
	Commercial Real Estate		10,795			8,894
	Total Real Estate Loans		14,586			11,248
	Business Loans:
	Commercial and Industrial Loans		79			2,224
	Total Business Loans		79			2,224
	Consumer Loans:
	Other Consumer Loans		130			120
	Total Consumer Loans		130			120
	Total Non-Accrual Loans	$	14,795		$	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 September 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	$	344		$	—		$	344		$	36,264	$	36,608	$	—
	Farmland		547			1,655			2,202			26,441		28,643		—
	1-4 Family Mortgages		3,852			723			4,575			98,026		102,601		—
	Commercial Real Estate		3,196			6,090			9,286			137,221		146,507		42
	Total Real Estate Loans		7,939			8,468			16,407			297,952		314,359		42
	Business Loans:
	Commercial and Industrial Loans		234			—			234			47,868		48,102		—
	Farm Production and Other Farm Loans		7			—			7			1,157		1,164		—
	Total Business Loans		241			—			241			49,025		49,266		—
	Consumer Loans:
	Credit Cards		18			8			26			964		990		8
	Other Consumer Loans		861			83			944			23,687		24,631		14
	Total Consumer Loans		879			91			970			24,651		25,621		22
	Total Loans	$	9,059		$	8,559		$	17,618		$	371,628	$	389,246	$	64
	An aging analysis of past due loans (in thousands), segregated by class, as of December 31, 2013 was as follows:
															Accruing
					Loans										Loans
		Loans			90 or more										90 or more
		30-89 Days			Days			Total Past			Current		Total		Days
		Past Due			Past Due			Due Loans			Loans		Loans		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 September 30, 2014 and December 31, 2013, segregated by class, are as follows:
					Recorded			Recorded
		Unpaid			Investment			Investment			Total				Average
		Principal			With No			With			Recorded		Related		Recorded
	September 30, 2014	Balance			Allowance			Allowance			Investment		Allowance		Investment
	Real Estate:
	Land Development and Construction	$	96		$	—		$	96		$	96	$	98	$	105
	Farmland		1,889			1,767			122			1,889		24		1,055
	1-4 Family Mortgages		3,190			2,395			795			3,190		122		2,400
	Commercial Real Estate		10,915			3,208			7,707			10,915		1,541		10,695
	Total Real Estate Loans		16,090			7,370			8,720			16,090		1,785		14,255
	Business Loans:
	Commercial and Industrial Loans		79			37			42			79		41		1,098
	Total Business Loans		79			37			42			79		41		1,098
	Consumer Loans:
	Other Consumer Loans		130			130			—			130		—		128
	Total Consumer Loans		130			130			—			130		—		128
	Total Loans	$	16,299		$	7,537		$	8,762		$	16,299	$	1,826	$	15,481
					Recorded			Recorded
		Unpaid			Investment			Investment			Total				Average
		Principal			With No			With			Recorded		Related		Recorded
	December 31, 2013	Balance			Allowance			Allowance			Investment		Allowance		Investment
	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:
					Pre-Modification			Post-Modification
					Outstanding			Outstanding
		Number of			Recorded			Recorded
	September 30, 2014	Loans			Investment			Investment
	Commercial real estate		5		$	9,261		$	4,837
	Total		5		$	9,261		$	4,837
					Pre-Modification			Post-Modification
					Outstanding			Outstanding
		Number of			Recorded			Recorded
	December 31, 2013	Loans			Investment			Investment
	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:
	Chargeoff					(2,028	)
	Principal paydowns					(254	)
	Total at September 30, 2014		5		$	4,837
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 September 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	$	35,389		$	491		$	728		$	—	$	—	$	36,608
	Farmland		24,282			807			3,554			—		—		28,643
	1-4 Family Mortgages		84,248			5,610			12,743			—		—		102,601
	Commercial Real Estate		118,670			13,726			14,111			—		—		146,507
	Total Real Estate Loans		262,589			20,634			31,136			—		—		314,359
	Business Loans:
	Commercial and Industrial Loans		47,561			347			194			—		—		48,102
	Farm Production and Other Farm Loans		1,164			—			—			—		—		1,164
	Total Business Loans		48,725			347			194			—		—		49,266
	Consumer Loans:
	Credit Cards		962			—			8			—		—		990
	Other Consumer Loans		24,005			158			432			36		—		24,631
	Total Consumer Loans		24,987			158			440			36		—		25,621
	Total Loans	$	336,301		$	21,139		$	31,770		$	36	$	—	$	389,246
	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 nine months ended September 30, 2014:
		Real			Business
	September 30, 2014	Estate			Loans			Consumer			Total
	Beginning Balance, January 1, 2014	$	4,705,753		$	2,767,409		$	604,337		$	8,077,499
	Provision for possible loan losses		69,710			736,437			(28,217	)		777,930
	Chargeoffs		181,146			2,050,939			102,672			2,334,757
	Recoveries		145,004			9,099			52,719			206,822
	Net Chargeoffs		36,142			2,041,840			49,953			2,127,935
	Ending Balance	$	4,739,321		$	1,462,006		$	526,167		$	6,727,494
	Period end allowance allocated to:
	Loans individually evaluated for impairment	$	1,785,019		$	40,619		$	—		$	1,825,638
	Loans collectively evaluated for impairment		2,954,302			1,421,387			526,167			4,901,856
	Ending Balance, September 30, 2014	$	4,739,321		$	1,462,006		$	526,167		$	6,727,494
	The following table details activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2013:
		Real			Business
	September 30, 2013	Estate			Loans			Consumer			Total
	Beginning Balance, January 1, 2013	$	4,629,559		$	1,554,698		$	770,012		$	6,954,269
	Provision for possible loan losses		923,965			1,023,825			(118,848	)		1,828,942
	Chargeoffs		696,475			375,498			104,553			1,176,526
	Recoveries		81,516			21,515			60,325			163,356
	Net Chargeoffs		614,959			353,983			44,228			1,013,170
	Ending Balance, September 30, 2013	$	4,938,565		$	2,224,540		$	606,936		$	7,770,041
	Period end allowance allocated to:
	Loans individually evaluated for impairment	$	1,188,691		$	650,727		$	—		$	1,839,418
	Loans collectively evaluated for impairment		3,749,874			1,573,813			606,936			5,930,623
	Ending Balance, September 30, 2013	$	4,938,565		$	2,224,540		$	606,936		$	7,770,041
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 September 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):
	September 30, 2014	Real			Business			Consumer			Total
		Estate			Loans
	Loans individually evaluated for specific impairment	$	16,090		$	79		$	130		$	16,299
	Loans collectively evaluated for general impairment		298,269			49,187			25,491			372,947
		$	314,359		$	49,266		$	25,621		$	389,246
	December 31, 2013	Real			Business			Consumer			Total
		Estate			Loans
	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)	9 Months Ended
	Sep. 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 September 30, 2014:
		Quoted Prices
		in Active		Significant
		Markets for		Other		Significant
		Identical		Observable		Unobservable
		Assets		Inputs		Inputs
		(Level 1)		(Level 2)		(Level 3)		Totals
	Securities available for sale
	Obligations of U. S. Government Agencies	$	—	$	89,951,490	$	—	$	89,951,490
	Mortgage-backed securities		—		14,835,392		—		14,835,392
	State, county and municipal obligations		—		92,753,399		—		92,753,399
	Other investments		—		—		2,849,475		2,849,475
	Total	$	—	$	197,540,281	$	2,849,475	$	200,389,756
	The following table presents assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2013:
		Quoted Prices
		in Active		Significant
		Markets for		Other		Significant
		Identical		Observable		Unobservable
		Assets		Inputs		Inputs
		(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		83,272
	Balance at September 30, 2014	$	2,849,475
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 September 30, 2014, the following table provides the hierarchy level and the fair value of the related assets:
		Quoted Prices
		in Active		Significant
		Markets for		Other		Significant
		Identical		Observable		Unobservable
		Assets		Inputs		Inputs
		(Level 1)		(Level 2)		(Level 3)		Totals
	Impaired loans	$	—	$	—	$	6,637,917	$	6,637,917
	Other real estate owned		—		—		1,252,823		1,252,823
	Total	$	—	$	—	$	7,890,740	$	7,890,740
	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
		in Active		Significant
		Markets for		Other		Significant
		Identical		Observable		Unobservable
		Assets		Inputs		Inputs
		(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 September 30, 2014, and December 31, 2013:
				Quoted Prices
				in Active		Significant
				Markets for		Other		Significant		Total
		Carrying		Identical		Observable		Unobservable		Fair
	September 30, 2014	Value		Assets		Inputs		Inputs		Value
				(Level 1)		(Level 2)		(Level 3)
	Financial assets
	Cash and due from banks	$	19,112,785	$	19,112,785	$	—	$	—	$	19,112,785
	Interest bearing deposits with banks		14,868,718		14,868,718		—		—		14,868,718
	Securities held-to-maturity		206,261,065				210,736,949				210,736,949
	Securities available-for-sale		200,389,756		—		197,540,281		2,849,475		200,389,756
	Net loans		381,992,340		—		—		382,242,913		382,242,913
	Financial liabilities
	Deposits	$	695,291,209	$	470,963,425	$	—	$	224,476,684	$	695,440,109
	Federal Home Loan Bank advances		23,500,000		—		—		24,346,302		24,346,302
	Securities Sold under Agreement to Repurchase		82,318,447		82,318,447		—		—		82,318,447
				Quoted Prices
				in Active		Significant
				Markets for		Other		Significant		Total
		Carrying		Identical		Observable		Unobservable		Fair
	December 31, 2013	Value		Assets		Inputs		Inputs		Value
				(Level 1)		(Level 2)		(Level 3)
	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 $)	Sep. 30, 2014	Dec. 31, 2013
Commitments and Contingencies Disclosure [Line Items]	'	'
Loan Commitments	$64,321,118	$40,701,380
Letters of Credit Outstanding	$2,860,480	$2,809,330

Earnings_Per_Share_Detail

Earnings Per Share (Detail) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]	'	'	'	'
Basic weighted average shares outstanding	4,870,114	4,870,114	4,870,114	4,867,475
Dilutive effect of granted options	605	50	550	1,994
Diluted weighted average shares outstanding	4,870,719	4,870,164	4,870,664	4,869,469
Net income	$1,898,220	$2,009,463	$5,787,892	$5,027,653
Net income per share-basic	$0.39	$0.41	$1.19	$1.03
Net income per share-diluted	$0.39	$0.41	$1.19	$1.03

Summary_of_Stock_Option_Activi

Summary of Stock Option Activity (Detail) (USD $)	9 Months Ended
	Sep. 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	-35,500
Ending Balance	46,500
Weighted Average Exercise Price	'
Beginning Balance	$22.06
Expired	$21.95
Ending Balance	$22.14
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 $)	3 Months Ended	9 Months Ended
	Mar. 31, 2014	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Intrinsic value of options granted	'	$21,660
Restricted Stock | Director	'	'
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	'	'1 year
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	'	19,890
Employee Stock Option Plan	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Intrinsic value of options granted	'	1,770
2013 Plan	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Intrinsic value of options granted	'	$0
Granted, shares	'	'

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	Sep. 30, 2014
Income Taxes [Line Items]	'
Unrecognized tax benefit	$0

Amortized_Cost_and_Estimated_F

Amortized Cost and Estimated Fair Value of Securities Available-for-Sale (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	$201,179,531	$432,065,590
Gross Unrealized Gains	4,115,642	3,127,856
Gross Unrealized Losses	4,905,417	37,017,044
Estimated Fair Value	200,389,756	398,176,402
Obligations of U.S. Government agencies	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	93,994,260	316,305,125
Gross Unrealized Gains	94,600	98,740
Gross Unrealized Losses	4,137,370	33,587,465
Estimated Fair Value	89,951,490	282,816,400
Mortgage-backed securities	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	13,946,468	16,476,430
Gross Unrealized Gains	888,925	719,825
Gross Unrealized Losses	'	29,861
Estimated Fair Value	14,835,393	17,166,394
State, county and municipal obligations	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	90,230,157	96,258,584
Gross Unrealized Gains	3,132,117	2,309,291
Gross Unrealized Losses	608,876	3,140,470
Estimated Fair Value	92,753,398	95,427,405
Other investments	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	3,008,646	3,025,451
Gross Unrealized Losses	159,171	259,248
Estimated Fair Value	$2,849,475	$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 $)	Sep. 30, 2014
Schedule of Held-to-maturity Securities [Line Items]	'
Amortized Cost	$206,261,065
Gross Unrealized Gains	4,621,783
Gross Unrealized Losses	145,899
Estimated Fair Value	210,736,949
Obligations of U.S. Government agencies	'
Schedule of Held-to-maturity Securities [Line Items]	'
Amortized Cost	206,261,065
Gross Unrealized Gains	4,621,783
Gross Unrealized Losses	145,899
Estimated Fair Value	$210,736,949

Amortized_Cost_and_Estimated_F2

Amortized Cost and Estimated Fair Value of Securities by Contractual Maturity (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Available-for-sale, Amortized Cost	'	'
Due in one year or less	$3,168,334	$2,429,035
Due after one year through five years	27,936,272	25,040,034
Due after five years through ten years	85,207,661	106,046,230
Due after ten years	84,867,266	298,550,291
Total Amortized Cost	201,179,533	432,065,590
Held-to-maturity, Amortized Cost	'	'
Due after five years through ten years	18,270,062	'
Due after ten years	187,991,003	'
Amortized Cost	206,261,065	'
Available-for-sale, Estimated Fair Value	'	'
Due in one year or less	3,185,063	2,448,452
Due after one year through five years	29,258,691	26,060,534
Due after five years through ten years	83,975,391	101,286,491
Due after ten years	83,970,611	268,380,925
Total Fair Value	200,389,756	398,176,402
Held-to-maturity, Estimated Fair Value	'	'
Due after five years through ten years	18,495,559	'
Due after ten years	192,241,390	'
Total Fair Value	$210,736,949	'

Summary_of_Unrealized_Loss_Inf

Summary of Unrealized Loss Information for Securities Available-for-Sale (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months Fair Value	$535	$279,062
Less than 12 months Unrealized Losses	1	31,445
12 months or more Fair Value	111,653	39,147
12 months or more Unrealized Losses	4,904	5,572
Total Fair Value	112,188	318,209
Total Unrealized Losses	4,905	37,017
Obligations of U.S. Government agencies	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months Fair Value	'	255,350
Less than 12 months Unrealized Losses	'	29,954
12 months or more Fair Value	88,857	26,367
12 months or more Unrealized Losses	4,137	3,633
Total Fair Value	88,857	281,717
Total Unrealized Losses	4,137	33,587
State, county and municipal obligations	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Less than 12 months Fair Value	535	20,131
Less than 12 months Unrealized Losses	1	1,461
12 months or more Fair Value	19,947	10,014
12 months or more Unrealized Losses	608	1,680
Total Fair Value	20,482	30,145
Total Unrealized Losses	609	3,141
Other investments	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
12 months or more Fair Value	2,849	2,766
12 months or more Unrealized Losses	159	259
Total Fair Value	2,849	2,766
Total Unrealized Losses	159	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 $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Schedule of Held-to-maturity Securities [Line Items]	'
Less than 12 months Fair Value	$9,331
Less than 12 months Unrealized Losses	33
12 months or more Fair Value	9,271
12 months or more Unrealized Losses	113
Total Fair Value	18,602
Total Unrealized Losses	146
Obligations of U.S. Government agencies	'
Schedule of Held-to-maturity Securities [Line Items]	'
Less than 12 months Fair Value	9,331
Less than 12 months Unrealized Losses	33
12 months or more Fair Value	9,271
12 months or more Unrealized Losses	113
Total Fair Value	18,602
Total Unrealized Losses	$146

Composition_of_Net_Loans_Detai

Composition of Net Loans (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	$314,359,000	$307,716,000	'	'
Business loans	49,266,000	57,121,000	'	'
Consumer loans	25,621,000	27,831,000	'	'
Total Gross Loans	389,246,000	392,668,000	'	'
Unearned income	-526,000	-485,000	'	'
Allowance for loan losses	-6,727,494	-8,077,499	-7,770,041	-6,954,269
Loans, net	381,992,340	384,104,766	'	'
Land Development and Construction	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	36,608,000	27,224,000	'	'
Farmland	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	28,643,000	29,634,000	'	'
1-4 Family Mortgages	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	102,601,000	105,489,000	'	'
Commercial Real Estate	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Real estate loans	146,507,000	145,369,000	'	'
Commercial and Industrial Loans	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Business loans	48,102,000	55,813,000	'	'
Farm Production and Other Farm Loans	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Business loans	1,164,000	1,308,000	'	'
Credit Cards	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Consumer loans	990,000	1,087,000	'	'
Other Consumer Loans	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Consumer loans	$24,631,000	$26,744,000	'	'

PeriodEnd_NonAccrual_Loans_Seg

Period-End Non-Accrual Loans, Segregated by Class (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	$14,795	$13,592
Real Estate Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	14,586	11,248
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	97	136
Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	1,889	352
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	1,805	1,866
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	10,795	8,894
Business Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	79	2,224
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	79	2,224
Consumer Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	130	120
Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Non-accrual Loans	$130	$120

Age_Analysis_of_Past_Due_Loans

Age Analysis of Past Due Loans, Segregated by Class (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	$9,059	$9,528
Loans 90 or more Days Past Due	8,559	10,547
Total Past Due Loans	17,618	20,075
Current Loans	371,628	372,593
Total Gross Loans	389,246	392,668
Accruing Loans 90 or more Days Past Due	64	2,095
Real Estate Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	7,939	8,131
Loans 90 or more Days Past Due	8,468	10,473
Total Past Due Loans	16,407	18,604
Current Loans	297,952	289,112
Total Gross Loans	314,359	307,716
Accruing Loans 90 or more Days Past Due	42	2,085
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	344	170
Total Past Due Loans	344	170
Current Loans	36,264	27,054
Total Gross Loans	36,608	27,224
Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	547	419
Loans 90 or more Days Past Due	1,655	69
Total Past Due Loans	2,202	488
Current Loans	26,441	29,146
Total Gross Loans	28,643	29,634
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	3,852	4,234
Loans 90 or more Days Past Due	723	1,088
Total Past Due Loans	4,575	5,322
Current Loans	98,026	100,167
Total Gross Loans	102,601	105,489
Accruing Loans 90 or more Days Past Due	'	335
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	3,196	3,308
Loans 90 or more Days Past Due	6,090	9,316
Total Past Due Loans	9,286	12,624
Current Loans	137,221	132,745
Total Gross Loans	146,507	145,369
Accruing Loans 90 or more Days Past Due	42	1,750
Business Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	241	253
Loans 90 or more Days Past Due	'	23
Total Past Due Loans	241	276
Current Loans	49,025	56,845
Total Gross Loans	49,266	57,121
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	234	248
Loans 90 or more Days Past Due	'	23
Total Past Due Loans	234	271
Current Loans	47,868	55,542
Total Gross Loans	48,102	55,813
Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	7	5
Total Past Due Loans	7	5
Current Loans	1,157	1,303
Total Gross Loans	1,164	1,308
Consumer Loans	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	879	1,144
Loans 90 or more Days Past Due	91	51
Total Past Due Loans	970	1,195
Current Loans	24,651	26,636
Total Gross Loans	25,621	27,831
Accruing Loans 90 or more Days Past Due	22	10
Consumer Loans | Credit Cards	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans 30-89 Days Past Due	18	39
Loans 90 or more Days Past Due	8	10
Total Past Due Loans	26	49
Current Loans	964	1,038
Total Gross Loans	990	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	861	1,105
Loans 90 or more Days Past Due	83	41
Total Past Due Loans	944	1,146
Current Loans	23,687	25,598
Total Gross Loans	24,631	26,744
Accruing Loans 90 or more Days Past Due	$14	'

Impaired_Loans_Segregated_by_C

Impaired Loans, Segregated by Class of Loans (Detail) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	$16,299,000	$13,592,000
Recorded Investment With No Allowance	7,537,000	2,513,000
Recorded Investment With Allowance	8,762,613	11,079,526
Total Recorded Investment	16,299,000	13,592,000
Related Allowance	1,825,638	2,296,603
Average Recorded Investment	15,481,000	14,007,000
Real Estate Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	16,090,000	11,248,000
Recorded Investment With No Allowance	7,370,000	2,275,000
Recorded Investment With Allowance	8,720,000	8,973,000
Total Recorded Investment	16,090,000	11,248,000
Related Allowance	1,785,000	1,225,000
Average Recorded Investment	14,255,000	12,644,000
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	96,000	136,000
Recorded Investment With No Allowance	'	25,000
Recorded Investment With Allowance	96,000	111,000
Total Recorded Investment	96,000	136,000
Related Allowance	98,000	103,000
Average Recorded Investment	105,000	278,000
Real Estate Loans | Farmland	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	1,889,000	352,000
Recorded Investment With No Allowance	1,767,000	220,000
Recorded Investment With Allowance	122,000	132,000
Total Recorded Investment	1,889,000	352,000
Related Allowance	24,000	24,000
Average Recorded Investment	1,055,000	720,000
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	3,190,000	1,866,000
Recorded Investment With No Allowance	2,395,000	1,054,000
Recorded Investment With Allowance	795,000	812,000
Total Recorded Investment	3,190,000	1,866,000
Related Allowance	122,000	202,000
Average Recorded Investment	2,400,000	2,111,000
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	10,915,000	8,894,000
Recorded Investment With No Allowance	3,208,000	976,000
Recorded Investment With Allowance	7,707,000	7,918,000
Total Recorded Investment	10,915,000	8,894,000
Related Allowance	1,541,000	896,000
Average Recorded Investment	10,695,000	9,535,000
Business Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	79,000	2,224,000
Recorded Investment With No Allowance	37,000	118,000
Recorded Investment With Allowance	42,000	2,106,000
Total Recorded Investment	79,000	2,224,000
Related Allowance	41,000	1,072,000
Average Recorded Investment	1,098,000	1,197,000
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	79,000	2,224,000
Recorded Investment With No Allowance	37,000	118,000
Recorded Investment With Allowance	42,000	2,106,000
Total Recorded Investment	79,000	2,224,000
Related Allowance	41,000	1,072,000
Average Recorded Investment	1,098,000	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	130,000	120,000
Recorded Investment With No Allowance	130,000	120,000
Total Recorded Investment	130,000	120,000
Average Recorded Investment	128,000	166,000
Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	130,000	120,000
Recorded Investment With No Allowance	130,000	120,000
Total Recorded Investment	130,000	120,000
Average Recorded Investment	$128,000	$166,000

Troubled_Debt_Restructurings_S

Troubled Debt Restructurings Segregated by Class (Detail) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 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	4,837	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	$4,837	$7,119

Changes_in_Troubled_Debt_Restr

Changes in Troubled Debt Restructurings (Detail) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
	Loan	Loan
Financing Receivable, Impaired [Line Items]	'	'
Number of Loans	5	5
Chargeoff, Recorded Investment	($2,028)	'
Principal paydowns, Recorded Investment	-254	'
Post-Modification Outstanding Recorded Investment	$4,837	$7,119

Loans_Additional_Information_D

Loans - Additional Information (Detail) (Restructured Loans, USD $)	Sep. 30, 2014	Dec. 31, 2013
Restructured Loans	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Allowance for loan losses	$174,274	$1,196,274

Detailed_Amount_of_Gross_Loans

Detailed Amount of Gross Loans Segregated by Loan Grade and Class (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	$389,246	$392,668
Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	314,359	307,716
Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	36,608	27,224
Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	28,643	29,634
Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	102,601	105,489
Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	146,507	145,369
Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	49,266	57,121
Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	48,102	55,813
Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	1,164	1,308
Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	25,621	27,831
Consumer Loans | Credit Cards	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	990	1,087
Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	24,631	26,744
Satisfactory 1, 2, 3, 4	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	336,301	343,960
Satisfactory 1, 2, 3, 4 | Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	262,589	262,772
Satisfactory 1, 2, 3, 4 | Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	35,389	25,165
Satisfactory 1, 2, 3, 4 | Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	24,282	25,160
Satisfactory 1, 2, 3, 4 | Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	84,248	87,108
Satisfactory 1, 2, 3, 4 | Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	118,670	125,339
Satisfactory 1, 2, 3, 4 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	48,725	54,169
Satisfactory 1, 2, 3, 4 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	47,561	52,871
Satisfactory 1, 2, 3, 4 | Business Loans | Farm Production and Other Farm Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	1,164	1,298
Satisfactory 1, 2, 3, 4 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	24,987	27,019
Satisfactory 1, 2, 3, 4 | Consumer Loans | Credit Cards	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	962	1,077
Satisfactory 1, 2, 3, 4 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	24,005	25,942
Special Mention 5,6	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	21,139	21,295
Special Mention 5,6 | Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	20,634	11,522
Special Mention 5,6 | Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	491	192
Special Mention 5,6 | Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	807	744
Special Mention 5,6 | Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	5,610	4,671
Special Mention 5,6 | Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	13,726	5,915
Special Mention 5,6 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	347	434
Special Mention 5,6 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	347	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	158	193
Special Mention 5,6 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	158	193
Substandard 7	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	31,770	34,414
Substandard 7 | Real Estate Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	31,136	33,422
Substandard 7 | Real Estate Loans | Land Development and Construction	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	728	1,867
Substandard 7 | Real Estate Loans | Farmland	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	3,554	3,730
Substandard 7 | Real Estate Loans | 1-4 Family Mortgages	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	12,743	13,710
Substandard 7 | Real Estate Loans | Commercial Real Estate	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	14,111	14,115
Substandard 7 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	194	418
Substandard 7 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	194	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	440	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	432	564
Doubtful 8	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	36	2,142
Doubtful 8 | Business Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	2,100
Doubtful 8 | Business Loans | Commercial and Industrial Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	2,100
Doubtful 8 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	36	42
Doubtful 8 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	36	42
Loss 9	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	3
Loss 9 | Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	3
Loss 9 | Consumer Loans | Other Consumer Loans	'	'
Financing Receivable, Recorded Investment [Line Items]	'	'
Total gross loans	'	$3

Detailed_Activity_in_Allowance

Detailed Activity in Allowance for Loan Losses by Portfolio Segment (Detail) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	$8,077,499	$6,954,269
Provision for possible loan losses	205,027	1,079,838	777,930	1,828,942
Chargeoffs	'	'	2,334,757	1,176,526
Recoveries	'	'	206,822	163,356
Net Chargeoffs	'	'	2,127,935	1,013,170
Ending Balance	6,727,494	7,770,041	6,727,494	7,770,041
Loans individually evaluated for impairment	1,825,638	1,839,418	1,825,638	1,839,418
Loans collectively evaluated for impairment	4,901,856	5,930,623	4,901,856	5,930,623
Ending Balance	6,727,494	7,770,041	6,727,494	7,770,041
Real Estate Loans	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	4,705,753	4,629,559
Provision for possible loan losses	'	'	69,710	923,965
Chargeoffs	'	'	181,146	696,475
Recoveries	'	'	145,004	81,516
Net Chargeoffs	'	'	36,142	614,959
Ending Balance	4,739,321	4,938,565	4,739,321	4,938,565
Loans individually evaluated for impairment	1,785,019	1,188,691	1,785,019	1,188,691
Loans collectively evaluated for impairment	2,954,302	3,749,874	2,954,302	3,749,874
Ending Balance	4,739,321	4,938,565	4,739,321	4,938,565
Business Loans	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	2,767,409	1,554,698
Provision for possible loan losses	'	'	736,437	1,023,825
Chargeoffs	'	'	2,050,939	375,498
Recoveries	'	'	9,099	21,515
Net Chargeoffs	'	'	2,041,840	353,983
Ending Balance	1,462,006	2,224,540	1,462,006	2,224,540
Loans individually evaluated for impairment	40,619	650,727	40,619	650,727
Loans collectively evaluated for impairment	1,421,387	1,573,813	1,421,387	1,573,813
Ending Balance	1,462,006	2,224,540	1,462,006	2,224,540
Consumer Loans	'	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'	'
Beginning Balance	'	'	604,337	770,012
Provision for possible loan losses	'	'	-28,217	-118,848
Chargeoffs	'	'	102,672	104,553
Recoveries	'	'	52,719	60,325
Net Chargeoffs	'	'	49,953	44,228
Ending Balance	526,167	606,936	526,167	606,936
Loans collectively evaluated for impairment	526,167	606,936	526,167	606,936
Ending Balance	$526,167	$606,936	$526,167	$606,936

Recorded_Investment_in_Loans_R

Recorded Investment in Loans Related to Balance in Allowance for Possible Loan Losses by Portfolio Segment (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	$16,299	$13,592
Loans collectively evaluated for general impairment	372,947	379,076
Total Gross Loans	389,246	392,668
Real Estate Loans	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	16,090	11,248
Loans collectively evaluated for general impairment	298,269	296,468
Total Gross Loans	314,359	307,716
Business Loans	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	79	2,224
Loans collectively evaluated for general impairment	49,187	54,897
Total Gross Loans	49,266	57,121
Consumer Loans	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'
Loans individually evaluated for specific impairment	130	120
Loans collectively evaluated for general impairment	25,491	27,711
Total Gross Loans	$25,621	$27,831

Assets_and_Liabilities_Measure

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	$200,389,756	$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	197,540,281	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	2,849,475	2,766,203
Fair Value, Measurements, Recurring	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Securities available for sale	200,389,756	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	89,951,490	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	14,835,392	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	92,753,399	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	2,849,475	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	197,540,281	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	89,951,490	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	14,835,392	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	92,753,399	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	2,849,475	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	$2,849,475	$2,766,203

Assets_Measured_at_Fair_Value_

Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Detail) (USD $)	9 Months Ended
	Sep. 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	83,272
Balance at September 30, 2014	$2,849,475

Asset_Measured_at_Fair_Value_o

Asset Measured at Fair Value on Nonrecurring Basis (Detail) (USD $)	Sep. 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	$625,173	$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	7,890,740	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	6,637,917	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	1,252,823	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	7,890,740	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	6,637,917	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	$1,252,823	$645,468

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments - Additional Information (Detail) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
	Property	Property
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Carrying value of an impaired loan	$8,762,613	$11,079,526
Impaired loans, allowance for loan losses	1,825,638	2,296,603
Other real estate owned	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Other real estate owned	625,173	1,697,450
Other real estate owned ("OREO") acquired and sold during period	101,849	'
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 $)	Sep. 30, 2014	Dec. 31, 2013
Financial assets	'	'
Cash and due from banks	$19,112,785	$16,040,195
Interest bearing deposits with banks	14,868,718	684,100
Securities held-to-maturity	210,736,949	'
Securities available-for-sale	200,389,756	398,176,402
Net loans	382,242,913	385,646,132
Financial liabilities	'	'
Deposits	695,440,109	654,788,316
Federal Home Loan Bank advances	24,346,302	34,622,359
Securities Sold under Agreement to Repurchase	82,318,447	82,420,781
Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'
Financial assets	'	'
Cash and due from banks	19,112,785	16,040,195
Interest bearing deposits with banks	14,868,718	684,100
Financial liabilities	'	'
Deposits	470,963,425	422,186,092
Securities Sold under Agreement to Repurchase	82,318,447	82,420,781
Significant Other Observable Inputs (Level 2)	'	'
Financial assets	'	'
Securities held-to-maturity	210,736,949	'
Securities available-for-sale	197,540,281	395,410,199
Significant Unobservable Inputs (Level 3)	'	'
Financial assets	'	'
Securities available-for-sale	2,849,475	2,766,203
Net loans	382,242,913	385,646,132
Financial liabilities	'	'
Deposits	224,476,684	232,602,224
Federal Home Loan Bank advances	24,346,302	34,622,359
Carrying Value	'	'
Financial assets	'	'
Cash and due from banks	19,112,785	16,040,195
Interest bearing deposits with banks	14,868,718	684,100
Securities held-to-maturity	206,261,065	'
Securities available-for-sale	200,389,756	432,065,590
Net loans	381,992,340	384,104,766
Financial liabilities	'	'
Deposits	695,291,209	654,629,796
Federal Home Loan Bank advances	23,500,000	33,500,000
Securities Sold under Agreement to Repurchase	$82,318,447	$82,420,781