Glen Burnie Bancorp (GLBZ) 10-K 10 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 04, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	GLEN BURNIE BANCORP
Entity Central Index Key	890,066
Trading Symbol	glbz
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Well-Known Seasoned Issuer	No
Entity Common Stock Shares Outstanding		2,776,566
Entity Public Float			$ 26,611,474
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets
Cash and due from banks	$ 7,493,524	$ 7,101,352	$ 9,214,503
Interest-bearing deposits in other financial institutions	2,308,117	2,154,817	1,636,194
Federal funds sold	2,569,767	4,024,065	102,772
Cash and cash equivalents	12,371,408	13,280,234	10,953,469
Investment securities available for sale, at fair value	98,790,010	87,993,145	74,313,682
Federal Home Loan Bank stock, at cost	1,203,100	1,327,800	1,452,900
Maryland Financial Bank stock	30,000	30,000	30,000
Ground rents, at cost	163,638	169,200	169,200
Loans, less allowance for credit losses 2015 $3,150,251; 2014 $3,117,870; 2013 $2,972,019;	259,636,706	273,986,237	270,684,120
Premises and equipment, at cost, less accumulated depreciation	3,368,865	3,671,295	3,696,772
Accrued interest receivable on loans and investment securities	1,121,405	1,274,137	1,509,238
Deferred income tax benefits	2,684,611	3,045,235	3,604,461
Other real estate owned	74,400	45,175	1,170,773
Cash value of life insurance	9,357,712	9,138,658	8,914,817
Other assets	1,778,336	668,392	694,142
Total assets	390,580,191	394,629,508	377,193,574
Deposits:
Noninterest-bearing	93,584,864	88,562,924	86,747,525
Interest-bearing	241,606,666	250,314,368	237,055,831
Total deposits	335,191,530	338,877,292	323,803,356
Long-term borrowings	20,000,000	20,000,000	20,000,000
Dividends payable		276,096	274,737
Accrued interest payable on deposits	39,855	39,823	28,523
Other liabilities	1,172,993	1,605,770	1,503,797
Total liabilities	$ 356,404,378	$ 360,798,981	$ 345,610,413
Commitments and contingencies
Stockholders' equity:
Common stock, par value $1, authorized 15,000,000 shares; issued and outstanding 2015 2,773,361 shares; 2014 2,760,964; 2013 2,747,370 shares;	$ 2,773,361	$ 2,760,964	$ 2,747,370
Surplus	9,986,064	9,854,119	9,713,335
Retained earnings	21,718,122	21,112,714	20,300,531
Accumulated other comprehensive (loss) income, net of tax	(301,734)	102,730	(1,178,075)
Total stockholders' equity	34,175,813	33,830,527	31,583,161
Total liabilities and stockholders' equity	$ 390,580,191	$ 394,629,508	$ 377,193,574

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement Of Financial Position [Abstract]
Loans, allowance for credit losses (in dollars)	$ 3,150,251	$ 3,117,870	$ 2,972,019
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, shares authorized	15,000,000	15,000,000	15,000,000
Common stock, shares issued	2,773,361	2,760,964	2,747,370
Common stock, shares outstanding	2,773,361	2,760,964	2,747,370

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest income on:
Loans, including fees	$ 11,577,254	$ 12,318,461	$ 12,673,230
U.S. Treasury securities	79,623	27,763
U.S. Government agency securities	744,813	722,587	871,287
State and municipal securities	1,080,824	1,357,355	1,656,670
Corporate trust preferred securities	37,906	21,414	33,428
Federal funds sold	10,132	10,714	3,027
Other	75,097	61,443	44,223
Total interest income	13,605,649	14,519,737	15,281,865
Interest expense on:
Deposits	1,750,074	1,893,314	2,014,327
Short-term borrowings	138	134	7,004
Long-term borrowings	640,473	640,474	640,474
Total interest expense	2,390,685	2,533,922	2,661,805
Net interest income	11,214,964	11,985,815	12,620,060
Provision for credit losses	1,695,000	1,020,876	260,000
Net interest income after provision for credit losses	9,519,964	10,964,939	12,360,060
Other income:
Service charges on deposit accounts	443,247	463,734	595,729
Other fees and commissions	1,308,106	826,945	825,859
Gains on investment securities, net	1,037,663	1,155,978	345,331
Income on life insurance	219,054	223,841	234,297
Total other income	3,008,070	2,670,498	2,001,216
Other expenses:
Salaries and wages	4,926,255	4,998,402	4,963,600
Employee benefits	1,565,384	1,633,443	1,788,995
Occupancy	778,275	806,916	785,850
Furniture and equipment	932,281	925,207	842,099
Other expenses	2,728,302	3,048,291	2,717,119
Total impairment losses on investment securities			124,984
Portion of impairment losses recognized in other comprehensive income (before taxes)			(109,403)
Net impairment loss on investment securities			15,581
Total other expenses	10,930,497	11,412,259	11,113,244
Income before income taxes	1,597,537	2,223,178	3,248,032
Federal and state income taxes	244,921	308,652	633,855
Net income	$ 1,352,616	$ 1,914,526	$ 2,614,177
Basic and diluted earnings per share of common stock	$ 0.49	$ 0.69	$ 0.95

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement Of Other Comprehensive Income [Abstract]
Net income	$ 1,352,616	$ 1,914,526	$ 2,614,177
Other comprehensive income (loss), net of tax
Unrealized holding gains (losses) arising during the period (net of deferred taxes (benefits) 2015 $145,606; 2014 $1,305,107; 2013 ($2,167,273));	220,469	1,976,117	(3,281,559)
Reclassification adjustment for impairment loss included in net income (net of deferred tax benefits 2015 $0; 2014 $0; 2013 $6,197);			9,384
Reclassification adjustment for gains included in net income (net of deferred taxes 2015 $412,730; 2014 $459,212; 2013 $243,383);	(624,933)	(695,312)	(368,517)
Total other comprehensive (loss) income	(404,464)	1,280,805	(3,640,692)
Comprehensive income (loss)	$ 948,152	$ 3,195,331	$ (1,026,515)

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Parentheticals) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement Of Other Comprehensive Income [Abstract]
Unrealized holding gains (losses) arising during the period, deferred taxes (benefits)	$ 145,606	$ 1,305,107	$ (2,167,273)
Reclassification adjustment for impairment loss included in net income, deferred tax benefits	0	0	6,197
Reclassification adjustment for gains included in net income, deferred taxes	$ 412,730	$ 459,212	$ 243,383

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock	Surplus	Retained Earnings	Accumulated Other Comprehensive (Loss) Income	Total
Balances at Dec. 31, 2012	$ 2,736,978	$ 9,604,906	$ 18,783,164	$ 2,462,617	$ 33,587,665
Balances (in shares) at Dec. 31, 2012	2,736,978
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			2,614,177		2,614,177
Cash dividends, $.40, $.40 and $.27 per share for December 31, 2013, 2014 and 2015 respectively			(1,096,810)		(1,096,810)
Dividends reinvested under dividend reinvestment plan	$ 10,392	108,429			118,821
Dividends reinvested under dividend reinvestment plan (in shares)	10,392
Other comprehensive loss, net of tax				(3,640,692)	(3,640,692)
Balances at Dec. 31, 2013	$ 2,747,370	9,713,335	20,300,531	(1,178,075)	31,583,161
Balances (In shares) at Dec. 31, 2013	2,747,370
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			1,914,526		1,914,526
Cash dividends, $.40, $.40 and $.27 per share for December 31, 2013, 2014 and 2015 respectively			(1,102,343)		(1,102,343)
Dividends reinvested under dividend reinvestment plan	$ 13,594	140,784			154,378
Dividends reinvested under dividend reinvestment plan (in shares)	13,594
Other comprehensive loss, net of tax				1,280,805	1,280,805
Balances at Dec. 31, 2014	$ 2,760,964	9,854,119	21,112,714	102,730	33,830,527
Balances (In shares) at Dec. 31, 2014	2,760,964
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			1,352,616		1,352,616
Cash dividends, $.40, $.40 and $.27 per share for December 31, 2013, 2014 and 2015 respectively			(747,208)		(747,208)
Dividends reinvested under dividend reinvestment plan	$ 12,397	131,945			144,342
Dividends reinvested under dividend reinvestment plan (in shares)	12,397
Other comprehensive loss, net of tax				(404,464)	(404,464)
Balances at Dec. 31, 2015	$ 2,773,361	$ 9,986,064	$ 21,718,122	$ (301,734)	$ 34,175,813
Balances (In shares) at Dec. 31, 2015	2,773,361

Consolidated Statements of Cha8

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement Of Stockholders' Equity [Abstract]
Cash dividends, per share	$ 0.27	$ 0.40	$ 0.40

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 1,352,616	$ 1,914,526	$ 2,614,177
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation, amortization, and accretion	1,139,547	812,331	1,187,689
Provision for credit losses	1,695,000	1,020,876	260,000
Deferred income tax benefits, net	627,749	(286,670)	35,252
Gains on disposals of assets, net	(1,073,286)	(1,213,844)	(321,443)
Provision on losses of other real estate owned		91,448	5,695
Impairment losses on investment securities			15,581
Income on investment in life insurance	(219,054)	(223,841)	(234,298)
Changes in assets and liabilities:
Decrease in ground rents	5,562
Decrease (increase) in accrued interest receivable	152,732	235,101	(58,917)
(Increase) decrease in other assets	(1,109,944)	56,011	637,425
Increase (decrease) in accrued interest payable	32	11,300	158
(Decrease) increase in other liabilities	(432,777)	101,973	(29,556)
Net cash provided by operating activities	2,138,177	2,519,211	4,111,763
Cash flows from investing activities:
Maturities and principal paydowns of available for sale mortgage-backed securities	15,088,957	9,109,664	15,171,085
Proceeds from sales of available for sale debt securities	27,030,183	30,269,965	25,626,845
Purchases of available for sale mortgage-backed securities	(38,206,832)	(28,703,606)	(16,920,333)
Purchases of other available for sale investment securities	(15,089,446)	(21,464,085)	(4,185,719)
Purchase (redemption) of FHLB stock	124,700	125,100	(4,900)
Decrease (increase) in loans, net	12,580,131	(4,368,168)	(22,295,595)
Proceeds from sales of other real estate	80,420	1,153,883	273,121
Purchases of premises and equipment	(90,392)	(442,529)	(262,598)
Net cash provided (used) by investing activities	1,517,721	(14,319,776)	(2,598,094)
Cash flows from financing activities:
Increase in noninterest-bearing deposits, NOW accounts, money market accounts, and savings accounts, net	5,021,940	1,815,399	2,459,040
(Decrease) increase in time deposits, net	(8,707,702)	13,258,537	(10,944,570)
Cash dividends paid	(1,023,304)	(1,100,984)	(822,073)
Common stock dividends reinvested	144,342	154,378	118,821
Net cash (used) provided by financing activities	(4,564,724)	14,127,330	(9,188,782)
(Decrease) increase in cash and cash equivalents	(908,826)	2,326,765	(7,675,113)
Cash and cash equivalents, beginning of year	13,280,234	10,953,469	18,628,582
Cash and cash equivalents, end of year	12,371,408	13,280,234	10,953,469
Supplementary Cash Flow Information:
Interest paid	2,390,653	2,522,622	2,661,647
Income taxes paid	625,000	300,000	525,000
Total decrease (increase) in unrealized depreciation on available for sale securities	(670,016)	2,126,700	(6,045,150)
Supplementary Noncash Investing Activities:
Loans converted to other real estate	$ 74,400	$ 45,175	$ 983,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1. Summary of Significant Accounting Policies The Bank of Glen Burnie (the “Bank”) provides financial services to individuals and corporate customers located in Anne Arundel County and surrounding areas of Central Maryland, and is subject to competition from other financial institutions. The Bank is also subject to the regulations of certain Federal and State of Maryland (the “State”) agencies and undergoes periodic examinations by those regulatory authorities. The accounting and financial reporting policies of the Bank conform, in all material respects, to accounting principles generally accepted in the United States and to general practices within the banking industry. Significant accounting policies not disclosed elsewhere in the consolidated financial statements are as follows: Principles of Consolidation: The consolidated financial statements include the accounts of Glen Burnie Bancorp and its subsidiaries, The Bank of Glen Burnie and GBB Properties, Inc., a company engaged in the acquisition and disposition of other real estate. Intercompany balances and transactions have been eliminated. The Parent Only financial statements (see Note 19) of the Company account for the subsidiaries using the equity method of accounting. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether the entity is a voting interest entity or a variable interest entity under accounting principles generally accepted in the United States. Voting interest entities are entities, in which the total equity investment at risk is sufficient to enable the entity to finance itself independently and provides the equity holders with the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity’s activities. The Company consolidates voting interest entities in which it has all, or at least a majority of, the voting interest. As defined in applicable accounting standards, variable interest entities (VIE’s) are entities that lack one or more of the characteristics of a voting interest entity. A controlling financial interest in an entity is present when an enterprise has a variable interest, or a combination of variable interest, that will absorb a majority of the entity’s expected losses, receive a majority of the entity’s expected residual returns, or both. The enterprise with a controlling financial interest, known as the primary beneficiary, consolidates the VIE. Accounting Standards Codification: The Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) became effective for interim and annual periods ending after September 15, 2009. At that date, the ASC became FASB’s officially recognized source of authoritative U.S. generally accepted accounting principles (“GAAP”) applicable to all public and non-public non-governmental entities, superseding existing FASB, American Institute of Certified Public Accountants (“AICPA”), Emerging Issues Task Force (“EITF”) and related literatures. Rules and interpretive releases of the SEC under the authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. All other accounting literature is considered non-authoritative. The switch to ASC affects the way companies refer to U.S. GAAP in financial statements and accounting policies. Citing particular content in the ASC involves specifying the unique numeric path to the content through the Topic, Subtopic, Section and Paragraph structure. Use of Estimates: The preparation of the consolidated financial statements in conformity with accounting principles generally accepted within the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Securities Held to Maturity: Bonds, notes, and debentures for which the Bank has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the effective interest rate method over the period to maturity. Securities transferred into held to maturity from the available for sale portfolio are recorded at fair value at time of transfer with unrealized gains or losses reflected in equity and amortized over the remaining life of the security. Securities Available for Sale: Marketable debt securities not classified as held to maturity are classified as available for sale. Securities available for sale may be sold in response to changes in interest rates, loan demand, changes in prepayment risk, and other factors. Changes in unrealized appreciation (depreciation) on securities available for sale are reported in other comprehensive income, net of tax. Realized gains (losses) on securities available for sale are included in other income (expense) and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income. The gains and losses on securities sold are determined by the specific identification method. Premiums and discounts are recognized in interest income using the effective interest rate method over the period to maturity. Additionally, declines in the fair value of individual investment securities below their cost that are other than temporary are reflected as realized losses in the consolidated statements of income. Other Securities: Federal Home Loan Bank (“FHLB”) and Maryland Financial Bank (“MFB”) stocks are equity interests that do not necessarily have readily determinable fair values for purposes of the ASC Topic 320, Accounting for Certain Investments in Debt and Equity Securities Loans and Allowance for Credit Losses: Loans are generally carried at the amount of unpaid principal, adjusted for deferred loan fees, which are amortized over the term of the loan using the effective interest rate method. Interest on loans is accrued based on the principal amounts outstanding. It is the Bank’s policy to discontinue the accrual of interest when a loan is specifically determined to be impaired or when principal or interest is delinquent for ninety days or more. When a loan is placed on nonaccrual status all interest previously accrued but not collected is reversed against current period interest income. Interest income generally is not recognized on specific impaired loans unless the likelihood of further loss is remote. Cash collections on such loans are applied as reductions of the loan principal balance and no interest income is recognized on those loans until the principal balance has been collected. Interest income on other nonaccrual loans is recognized only to the extent of interest payments received. The carrying value of impaired loans is based on the present value of the loan’s expected future cash flows or, alternatively, the observable market price of the loan or the fair value of the collateral. The allowance for loan losses is maintained at a level believed adequate by management to absorb probable losses inherent in the loan portfolio and is based on the size and current risk characteristics of the loan portfolio, an assessment of individual problem loans and actual loss experience, current economic events in specific industries and geographical areas, including unemployment levels, and other pertinent factors, including regulatory guidance and general economic conditions. Determination of the allowance is inherently subjective as it requires significant estimates, including the amounts and timing of expected future cash flows on impaired loans, estimated losses on pools of homogeneous loans based on historical loss experience, and consideration of current economic trends, all of which may be susceptible to significant change. Loan losses are charged off against the allowance, while recoveries of amounts previously charged off are credited to the allowance. A provision for loan losses is charged to operations based on management’s periodic evaluation of the factors previously mentioned, as well as other pertinent factors. Evaluations are conducted at least quarterly and more often if deemed necessary. The allowance for loan losses typically consists of an allocated component and an unallocated component. The components of the allowance for loan losses represent an estimation done pursuant to either ASC Topic 450, Accounting for Contingencies, or ASC Topic 310, Accounting by Creditors for Impairment of a Loan. The allocated component of the allowance for loan losses reflects expected losses resulting from an analysis developed through specific credit allocations for individual loans and historical loss experience for each loan category. The specific credit allocations are based on regular analysis of all loans over a fixed-dollar amount where the internal credit rating is at or below a predetermined classification. The historical loan loss element is determined statistically using a loss migration analysis that examines loss experience over a current four year period and the related internal gradings of loans charged off. The loss migration analysis is performed quarterly and loss factors are updated regularly based on actual experience. The allocated component of the allowance for loan losses also includes consideration of concentrations and changes in portfolio mix and volume. Any unallocated portion of the allowance reflects management’s estimate of probable inherent but undetected losses within the portfolio due to uncertainties in economic conditions, delays in obtaining information, including unfavorable information about a borrower’s financial condition, the difficulty in identifying triggering events that correlate perfectly to subsequent loss rates, and risk factors that have not yet manifested themselves in loss allocation factors. In addition, the unallocated allowance includes a component that explicitly accounts for the inherent imprecision in loan loss migration models. The historical losses used in the migration analysis may not be representative of actual unrealized losses inherent in the portfolio. Reserve for Unfunded Commitments: The reserve for unfunded commitments is established through a provision for unfunded commitments charged to other expenses. The reserve is calculated by utilizing the same methodology and factors as the allowance for credit losses. The reserve, based on evaluations of the collectibiltiy of loans and prior loan loss experience, is an amount that management believes will be adequate to absorb possible losses on unfunded commitments (off-balance sheet financial instruments) that may become uncollectible in the future. Troubled Debt Restructurings: In situations where, for economic or legal reasons related to a borrower’s financial difficulties, management may grant a concession for other than insignificant period of time to the borrower that would not otherwise be considered, the related loan is classified as a troubled debt restructuring. Management strives to identify borrowers in financial difficulty early and work with them to modify to more affordable terms before their loan reaches non-accrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. Other Real Estate Owned (“OREO”): OREO comprises properties acquired in partial or total satisfaction of problem loans. The properties are recorded at the lower of cost or fair value (appraised value less the estimated cost to sell) at the date acquired. Losses arising at the time of acquisition of such properties are charged against the allowance for credit losses. Subsequent write-downs that may be required and expenses of operation are included in other income or expenses. Gains and losses realized from the sale of OREO are included in other income or expenses. Loans converted to OREO through foreclosure proceedings totaled $74,400, Bank Premises and Equipment: Bank premises and equipment are stated at cost less accumulated depreciation. The provision for depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are depreciated over the lesser of the terms of the leases or their estimated useful lives. Expenditures for improvements that extend the life of an asset are capitalized and depreciated over the asset’s remaining useful life. Gains or losses realized on the disposition of premises and equipment are reflected in the consolidated statements of income. Expenditures for repairs and maintenance are charged to other expenses as incurred. Computer software is recorded at cost and amortized over three to five years. Long-Lived Assets: The carrying value of long-lived assets and certain identifiable intangibles, including goodwill, is reviewed by the Bank for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, as prescribed in ASC Topic 360, Accounting for the Impairment or Disposal of Long-Lived Asset Income Taxes: The provision for Federal and state income taxes is based upon the results of operations, adjusted for tax-exempt income. Deferred income taxes are provided by applying enacted statutory tax rates to temporary differences between financial and taxable bases. Temporary differences which give rise to deferred tax benefits relate principally to accrued deferred compensation, accumulated impairment losses on investment securities, allowance for credit losses, non-accrual interest, unused alternative minimum tax credits, net unrealized depreciation on investment securities available for sale, accumulated depreciation, OREO, and reserve for unfunded commitments. Temporary differences which give rise to deferred tax liabilities relate principally to accumulated securities discount accretion and net unrealized appreciation on investment securities available for sale. Credit Risk: The Bank has unsecured deposits and Federal funds sold with several other financial institutions in excess of amounts insured by the Federal Deposit Insurance Corporation (“FDIC”). Cash and Cash Equivalents: The Bank has included cash and due from banks, interest-bearing deposits in other financial institutions, and Federal funds sold as cash and cash equivalents for the purpose of reporting cash flows. Accounting for Stock Options: The Company follows ASC Topic 718, Share-Based Payments Earnings per share: Basic earnings per common share are determined by dividing net income by the weighted average number of shares of common stock outstanding. Diluted earnings per share are calculated including the average dilutive common stock equivalents outstanding during the period. Dilutive common equivalent shares consist of stock options, calculated using the treasury stock method. Financial Statement Presentation: Certain amounts in the prior years’ financial statements have been reclassified to conform to the current year’s presentation.

Restrictions on Cash and Due fr

Restrictions on Cash and Due from Banks	12 Months Ended
	Dec. 31, 2015
Restricted Cash and Investments [Abstract]
Restrictions on Cash and Due from Banks	Note 2. Restrictions on Cash and Due from Banks The Federal Reserve requires the Bank to maintain noninterest-bearing cash reserves against certain categories of average deposit liabilities. Such reserves averaged approximately $4,469,000

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Note 3. Investment Securities Investment securities are summarized as follows: Gross Gross Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses Value Available for sale: U.S. Treasury $ 2,995,525 $ 122 $ 4,162 $ 2,991,485 State and municipal 29,635,572 397,568 37,041 29,996,099 Mortgage-backed 66,659,924 21,182 878,680 65,802,426 $ 99,291,021 $ 418,872 $ 919,883 $ 98,790,010 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2014 Cost Gains Losses Value Available for sale: U.S. Treasury $ 7,946,530 $ 5,843 $ 23,883 $ 7,928,490 U.S. Government agencies 28,360 295,584 - 323,944 State and municipal 32,771,006 813,974 75,534 33,509,446 Corporate trust preferred 247,150 - 83,695 163,455 Mortgage-backed 46,831,094 95,832 859,116 46,067,810 $ 87,824,140 $ 1,211,233 $ 1,042,228 $ 87,993,145 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2013 Cost Gains Losses Value Available for sale: U.S. Government agencies $ 28,360 $ 575,000 $ - $ 603,360 State and municipal 32,395,630 360,384 1,746,943 31,009,071 Corporate trust preferred 333,395 - 109,403 223,992 Mortgage-backed 43,512,419 688,095 1,723,255 42,477,259 $ 76,269,804 $ 1,623,479 $ 3,579,601 $ 74,313,682 The gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2015 are as follows: Securities available for sale: Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss U.S. Treasury $ 2,492,190 $ 4,162 $ - $ - $ 2,492,190 $ 4,162 State and Municipal 3,616,349 25,197 810,953 11,844 4,427,302 37,041 Mortgaged-backed 39,761,158 376,176 16,961,097 502,504 56,722,255 878,680 $ 45,869,697 $ 405,535 $ 17,772,050 $ 514,348 $ 63,641,747 $ 919,883 At December 31, 2015, the Company did not have any securities that had impairment charges. During the year ending December 31, 2015, the Company sold the Regional Diversified Funding, Senior notes and the FNMA/FHLMC Preferred stocks, which had previous impairment charges. As a result of this testing, no write-downs were required in 2015 and 2014. A write-down of $15,581 was taken on this security during 2013. The market values for these securities (and any securities other than those issued or guaranteed by the U.S. Treasury) are very depressed relative to historical levels. Therefore, a low market price for a particular security may only provide evidence of stress in the credit markets overall rather than being an indicator of credit problems with a particular issuer. Declines in the fair value of held to maturity and available for sale securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses. In estimating other-than-temporary impairment losses, management considers, among other things, (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near-term prospects of the issuer, and (iii) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. As of December 31, 2015, management had the ability and intent to hold the securities classified as available for sale for a period of time sufficient for a recovery of cost. On December 31, 2015, the Bank held 27 investment securities having continuous unrealized loss positions for more than 12 months. Except as noted above, management has determined that all unrealized losses are either due to increases in market interest rates over the yields available at the time the underlying securities were purchased, current call features that are nearing, and the effect the sub-prime market has had on all mortgaged-backed securities. The Bank has no mortgaged-backed securities collateralized by sub-prime mortgages. The fair value is expected to recover as the bonds approach their maturity date or repricing date or if market yields for such investments decline. Management does not believe any of the remaining securities are impaired due to reasons of credit quality. Accordingly, as of December 31, 2015, management believes the impairments detailed in the table above are temporary and no additional impairment loss is required to be realized in the Company’s consolidated income statement. A rollforward of the cumulative other-than-temporary credit losses recognized in earnings for all debt and equity securities for which a portion of an other-then-temporary loss is recognized in accumulated other comprehensive loss is as follows: 2015 2014 2013 Estimated credit losses, beginning of year $ 3,262,496 $ 3,262,496 $ 3,246,915 Sales of securities with previous OTTI recognized (3,262,496 ) - - Credit losses - no previous OTTI recognized - - - Credit losses - previous OTTI recognized - - 15,581 Estimated credit losses, end of year $ - $ 3,262,496 $ 3,262,496 Contractual maturities of investment securities at December 31, 2015, 2014, and 2013 are shown below. Actual maturities may differ from contractual maturities because debtors may have the right to call or prepay obligations with or without call or prepayment penalties. Mortgage-backed securities have no stated maturity and primarily reflect investments in various Pass-through and Participation Certificates issued by the Federal National Mortgage Association and the Government National Mortgage Association. Repayment of mortgage-backed securities is affected by the contractual repayment terms of the underlying mortgages collateralizing these obligations and the current level of interest rates. Available for Sale Amortized Fair December 31, 2015 Cost Value Due within one year $ - $ - Due over one to five years 2,995,525 2,991,485 Due over five to ten years - - Due over ten years 29,635,572 29,996,099 Mortgage-backed, due in monthly installments 66,659,924 65,802,426 $ 99,291,021 $ 98,790,010 Available for Sale Amortized Fair December 31, 2014 Cost Value Due within one year $ 61,064 $ 61,780 Due over one to five years 5,938,706 5,923,560 Due over five to ten years 2,007,824 2,004,890 Due over ten years 32,957,092 33,611,161 Mortgage-backed, due in monthly installments 46,859,454 46,391,754 $ 87,824,140 $ 87,993,145 Available for Sale Amortized Fair December 31, 2013 Cost Value Due within one year $ - $ - Due over one to five years - - Due over five to ten years - - Due over ten years 32,729,025 31,233,063 Mortgage-backed, due in monthly installments 43,540,779 43,080,619 $ 76,269,804 $ 74,313,682 Proceeds from sales of available for sale securities prior to maturity totaled $27,030,183, $1,038,084 $421 $409,306, The Bank has no derivative financial instruments required to be disclosed under ASC Topic 815, Disclosure about Derivative Financial Instruments and Fair Value of Financial Instruments.

Loans and Allowance

Loans and Allowance	12 Months Ended
	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans and Allowance	Note 4. Loans and Allowance Major categories of loans are as follows: 2015 2014 2013 Mortgage: Residential $ 116,027,206 $ 120,933,420 $ 123,645,939 Commercial 62,469,425 62,601,469 67,195,806 Construction and land development 5,518,588 7,073,720 6,582,553 Demand and time 4,539,701 3,518,752 4,172,747 Installment 75,302,771 84,103,142 73,230,433 263,857,691 278,230,503 274,827,478 Unearned income on loans (1,070,734 ) (1,126,396 ) (1,171,339 ) 262,786,957 277,104,107 273,656,139 Allowance for credit losses (3,150,251 ) (3,117,870 ) (2,972,019 ) $ 259,636,706 $ 273,986,237 $ 270,684,120 The Bank has an automotive indirect lending program where vehicle collateralized loans made by dealers to consumers are acquired by the Bank. The Bank’s installment loan portfolio included approximately $60,607,000 The Bank makes loans to customers located primarily in Anne Arundel County and surrounding areas of Central Maryland. Although the loan portfolio is diversified, its performance will be influenced by the economy of the region. Executive officers, directors, and their affiliated interests enter into loan transactions with the Bank in the ordinary course of business. These loans are made on the same terms, including interest rates and collateral, as those prevailing at the time for comparable loans with unrelated borrowers. They do not involve more than normal risk of collectibility or present other unfavorable terms. At December 31, 2015, 2014, and 2013, the amounts of such loans outstanding totaled $787,894, 569,000 $337,294 Allowance for Loan Losses Management has an established methodology to determine the adequacy of the allowance for loan losses that assesses the risks and losses inherent in the loan portfolio. For purposes of determining the allowance for loan losses, the Bank has segmented the loan portfolio into the following classifications: · Commercial and Industrial; · Commercial Real Estate; · Consumer and Indirect; · Residential Real Estate. Each of these segments are reviewed and analyzed quarterly using the average historical charge-offs over a current four year period for their respective segments as well as the following qualitative factors: · Changes in asset quality including past due (30-89 days) loans, nonaccrual loans, classified assets, watch list loans all in relation to total loans. Also policy exception in relationship to loan volume. · Changes in the rate and direction of the loan volume of the portfolio · Concentration of credit including the percentage, changes, and relative to goals. · Changes in macro economic factors including the rates and direction of unemployment, median income and population. · Changes in internal factors including external loan review required reserve changes, internal review penetration, internal required reserve changes and weighted required reserve trends. · Changes in the charge offs / recoveries adjusting with rate and direction. The above factors result in a FAS 5, as codified in FASB ASC 450-10-20, calculated reserve for environmental factors. All credit exposures graded above a rating of “4” with outstanding balances (see ratings on page 21) are to be reviewed no less than quarterly for the purpose of determining if a specific allocation is needed for that credit. The determination for a specific reserve is evaluated relative to the general reserve factor for assets of the same type and grade. If a specific reserve is appropriate and exceeds the general reserve factor, a specific reserve is to be established. Otherwise, the asset is included in the portfolio of assets that comprise the base upon which the general reserve is calculated. The establishment of a specific reserve does not necessarily mean that the credit with the specific reserve will definitely incur loss at the reserve level. It is only an estimation of potential loss based upon anticipated events. A specific reserve will not be established unless loss elements can be determined and quantified based on known facts. The total allowance reflects management’s estimate of loan losses inherent in the loan portfolio as of December 31, 2015. The following table presents the total allowance by loan segment: Commercial Consumer and Commercial and Residential 2015 Industrial Real Estate Indirect Real Estate Unallocated Total Balance, beginning of year $ 385,631 $ 335,009 $ 1,281,222 $ 1,169,627 $ (53,619 ) $ 3,117,870 Provision for credit losses (78,901 ) (23,814 ) 296,437 1,299,194 202,084 1,695,000 Recoveries 1,400 13,468 486,776 10,473 - 512,117 Loans charged off (2,807 ) (63,000 ) (1,260,533 ) (848,396 ) - (2,174,736 ) Balance, end of year $ 305,323 $ 261,663 $ 803,902 $ 1,630,898 $ 148,465 $ 3,150,251 Individually evaluated for impairment: Balance in allowance $ 240,500 $ 100,745 $ 65,353 $ 697,088 $ - $ 1,103,686 Related loan balance 240,500 1,143,317 950,722 2,792,239 - 5,126,778 Collectively evaluated for impairment: Balance in allowance $ 64,823 $ 160,918 $ 738,549 $ 933,810 $ 148,465 $ 2,046,565 Related loan balance 4,299,201 63,128,304 74,352,049 116,951,359 - 258,730,913 Commercial Consumer and Commercial and Residential 2014 Industrial Real Estate Indirect Real Estate Unallocated Total Balance, beginning of year $ 412,909 $ 898,362 $ 1,187,604 $ 593,463 $ (120,319 ) $ 2,972,019 Provision for credit losses (4,580 ) (448,027 ) 601,522 805,261 66,700 1,020,876 Recoveries 6,440 128,068 331,108 5,714 - 471,330 Loans charged off (29,138 ) (243,394 ) (839,012 ) (234,811 ) - (1,346,355 ) Balance, end of year $ 385,631 $ 335,009 $ 1,281,222 $ 1,169,627 $ (53,619 ) $ 3,117,870 Individually evaluated for impairment: Balance in allowance $ 252,500 $ 148,791 $ 186,226 $ 682,642 $ - $ 1,270,159 Related loan balance 252,500 2,155,816 1,106,217 2,931,143 - 6,445,676 Collectively evaluated for impairment: Balance in allowance $ 133,131 $ 186,218 $ 1,094,996 $ 486,985 $ (53,619 ) $ 1,847,711 Related loan balance 3,266,252 63,486,816 82,996,925 122,034,834 - 271,784,827 Commercial Consumer and Commercial and Residential 2013 Industrial Real Estate Indirect Real Estate Unallocated Total Balance, beginning of year $ 541,916 $ 1,183,240 $ 1,057,531 $ 392,506 $ 132,727 $ 3,307,920 Provision for credit losses 46,303 (374,067 ) 468,559 372,251 (253,046 ) 260,000 Recoveries 26,804 89,189 313,795 7,714 - 437,502 Loans charged off (202,114 ) - (652,281 ) (179,008 ) - (1,033,403 ) Balance, end of year $ 412,909 $ 898,362 $ 1,187,604 $ 593,463 $ (120,319 ) $ 2,972,019 Individually evaluated for impairment: Balance in allowance $ 278,786 $ 550,794 $ 178,657 $ 155,330 $ - $ 1,163,567 Related loan balance 278,786 3,364,193 636,174 1,629,643 - 5,908,796 Collectively evaluated for impairment: Balance in allowance $ 134,123 $ 347,568 $ 1,008,947 $ 438,133 $ (120,319 ) $ 1,808,452 Related loan balance 3,893,961 65,414,415 72,594,259 127,016,047 - 268,918,682 As of December 31, 2015, the allowance for loan losses included an overage of $148,465 Credit Quality Information The following table represents credit exposures by creditworthiness category for the year ending December 31, 2015. The use of creditworthiness categories to grade loans permits management to estimate a portion of credit risk. The Bank’s internal creditworthiness is based on experience with similarly graded credits. Loans that trend upward toward higher credit grades typically have less credit risk and loans that migrate downward typically have more credit risk. The Bank’s internal risk ratings are as follows: 1 Superior – minimal risk. (normally supported by pledged deposits, United States government securities, etc.) 2 Above Average – low risk. (all of the risks associated with this credit based on each of the bank’s creditworthiness criteria are minimal) 3 Average – moderately low risk. (most of the risks associated with this credit based on each of the bank’s creditworthiness criteria are minimal) 4 Acceptable – moderate risk. (the weighted overall risk associated with this credit based on each of the bank’s creditworthiness criteria is acceptable) 5 Other Assets Especially Mentioned – moderately high risk. (possesses deficiencies which corrective action by the bank would remedy; potential watch list) 6 Substandard – (the bank is inadequately protected and there exists the distinct possibility of sustaining some loss if not corrected) 7 Doubtful – (weaknesses make collection or liquidation in full, based on currently existing facts, improbable) 8 Loss – (of little value; not warranted as a bankable asset) Loans rated 1-4 are considered “Pass” for purposes of the risk rating chart below. The Bank contracts with an independent 3 rd Risk ratings of loans by categories of loans are as follows: Commercial Consumer and Commercial and Residential 2015 Industrial Real Estate Indirect Real Estate Total Pass $ 3,878,588 $ 58,706,189 $ 72,975,858 $ 116,596,449 $ 252,157,084 Special mention 168,113 4,422,115 1,652,579 539,483 6,782,290 Substandard 493,000 1,143,317 509,211 2,075,950 4,221,478 Doubtful - - 165,123 531,716 696,839 Loss - - - - - $ 4,539,701 $ 64,271,621 $ 75,302,771 $ 119,743,598 $ 263,857,691 Non-accrual - - 596,329 3,183,420 3,779,749 Troubled debt restructures 240,500 - - 49,868 290,368 Number of TDRs accounts 1 - - 1 2 Non-performing TDRs - - - - - Number of TDR accounts - - - - - Commercial Consumer and Commercial and Residential 2014 Industrial Real Estate Indirect Real Estate Total Pass $ 3,177,639 $ 58,837,254 $ 80,501,928 $ 121,244,374 $ 263,761,195 Special mention 88,613 4,649,562 2,555,654 832,546 8,126,375 Substandard 252,500 2,155,816 882,600 2,726,156 6,017,072 Doubtful - - 162,960 - 162,960 Loss - - - 162,901 162,901 $ 3,518,752 $ 65,642,632 $ 84,103,142 $ 124,965,977 $ 278,230,503 Non-accrual - 1,097,112 515,352 1,165,440 2,777,904 Troubled debt restructures 252,500 - - - 252,500 Number of TDRs accounts 1 - - - 1 Non-performing TDRs - - - - - Number of TDR accounts - - - - - Commercial Consumer and Commercial and Residential 2013 Industrial Real Estate Indirect Real Estate Total Pass $ 3,594,809 $ 59,914,422 $ 71,554,400 $ 126,774,441 $ 261,838,072 Special mention 299,152 5,499,993 1,102,091 1,312,103 8,213,339 Substandard 278,786 3,364,193 508,243 559,146 4,710,368 Doubtful - - 65,699 - 65,699 Loss - - - - - $ 4,172,747 $ 68,778,608 $ 73,230,433 $ 128,645,690 $ 274,827,478 Non-accrual 14,286 1,237,647 338,212 1,123,248 2,713,393 Troubled debt restructures - - - - - Number of TDRs contracts - - - - - Non-performing TDRs - - - - - Number of TDR accounts - - - - - At December 31, 2015, the recorded investment in TDR’s reflected one loan in the amount of $240,500 $49,868 The Bank has no commitments to loan additional funds to the borrowers of restructured, impaired, or non-accrual loans. Current, past due, and nonaccrual loans by categories of loans are as follows: 90 Days or 30-89 Days More and 2015 Current Past Due Still Accruing Nonaccrual Total Commercial and industrial $ 4,539,701 $ - $ - $ - $ 4,539,701 Commercial real estate 64,270,345 1,276 - - 64,271,621 Consumer and indirect 73,568,010 1,122,155 16,277 596,329 75,302,771 Residential real estate 115,715,127 806,566 38,485 3,183,420 119,743,598 $ 258,093,183 $ 1,929,997 $ 54,762 $ 3,779,749 $ 263,857,691 90 Days or 30-89 Days More and 2014 Current Past Due Still Accruing Nonaccrual Total Commercial and industrial $ 3,518,752 $ - $ - $ - $ 3,518,752 Commercial real estate 64,545,207 313 - 1,097,112 65,642,632 Consumer and indirect 81,315,689 2,272,101 - 515,352 84,103,142 Residential real estate 123,284,983 318,782 196,772 1,165,440 124,965,977 $ 272,664,631 $ 2,591,196 $ 196,772 $ 2,777,904 $ 278,230,503 90 Days or 30-89 Days More and 2013 Current Past Due Still Accruing Nonaccrual Total Commercial and industrial $ 4,158,461 $ - $ - $ 14,286 $ 4,172,747 Commercial real estate 66,191,062 173,000 1,176,899 1,237,647 68,778,608 Consumer and indirect 71,755,109 1,137,112 - 338,212 73,230,433 Residential real estate 126,934,475 157,123 430,844 1,123,248 128,645,690 $ 269,039,107 $ 1,467,235 $ 1,607,743 $ 2,713,393 $ 274,827,478 Loans on which the accrual of interest has been discontinued totaled $3,779,749, $239,038, $54,762, Non-accrual loans with specific reserves at December 31, 2015 are comprised of: Commercial Real Estate Residential Real Estate Consumer and Indirect Loans Impaired Loans When management identifies a loan as impaired, the impairment is measured based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the sole (remaining) source of repayment for the loan is the operation or liquidation of the collateral. In these cases management used the current fair value of the collateral, less selling cost when foreclosure is probable, instead of discounted cash flows. If management determines that the value of the impaired loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), impairment is recognized through an allowance estimate or a charge-off to the allowance. When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual status, all payments are applied to principal, under the cost recovery method. When the ultimate collectability of the total principal of an impaired loan is not in doubt and the loan is on nonaccrual status, contractual interest is credited to interest income when received, under the cash basis method. The following table includes the recorded investment and unpaid principal balances for impaired financing receivables with the associated allowance amount, if applicable. Management determined the specific reserve in the allowance based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the remaining source of repayment for the loan is the operation or liquidation of the collateral. In those cases, the current fair value of the collateral, less selling costs was used to determine the specific allowance recorded. Also presented are the average recorded investments in the impaired loans and the related amount of interest recognized during the time within the period that the impaired loans were impaired. When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual status, all payments are applied to principal, under the cost recovery method. 2015 Recorded Investment Unpaid Principal Balance Interest Income Recognized Specific Reserve Average Recorded Investment Impaired loans with specific reserves: Real-estate - mortgage: Residential $ 1,809,429 $ 1,809,429 $ 56,804 $ 697,088 $ 1,820,233 Commercial 300,112 300,112 - 100,745 314,929 Consumer 145,874 145,874 - 65,353 170,499 Installment - - - - - Home Equity - - - - - Commercial 240,500 240,500 10,517 240,500 246,571 Total impaired loans with specific reserves $ 2,495,915 $ 2,495,915 $ 67,321 $ 1,103,686 $ 2,552,232 Impaired loans with no specific reserve: Real-estate - mortgage: Residential $ 982,810 $ 1,115,579 $ 14,664 n/a $ 1,170,747 Commercial 843,205 843,205 37,786 n/a 876,376 Consumer 364,695 449,370 1,696 n/a 452,682 Installment 440,153 440,153 - n/a - Home Equity - - - n/a - Commercial - - - n/a - Total impaired loans with no specific reserve $ 2,630,863 $ 2,848,307 $ 54,146 - $ 2,499,805 2014 Recorded Unpaid Interest Specific Average Impaired loans with specific reserves: Real-estate - mortgage: Residential $ 2,726,247 $ 2,726,247 $ 177,707 $ 682,642 $ 2,747,299 Commercial 1,094,708 1,094,708 783 148,791 1,162,367 Consumer 611,728 611,728 30,903 186,226 622,854 Installment - - - - - Home Equity - - - - - Commercial 252,500 252,500 11,027 252,500 258,577 Total impaired loans with specific reserves $ 4,685,183 $ 4,685,183 $ 220,420 $ 1,270,159 $ 4,791,097 Impaired loans with no specific reserve: Real-estate - mortgage: Residential $ 204,896 $ 266,091 $ 2,641 n/a $ 340,435 Commercial 1,061,108 1,061,108 48,548 n/a 1,089,641 Consumer 60,656 60,656 - n/a - Installment 433,833 433,833 - n/a - Home Equity - - - n/a - Commercial - - - n/a - Total impaired loans with no specific reserve $ 1,760,493 $ 1,821,688 $ 51,189 - $ 1,430,076 2013 Recorded Unpaid Interest Specific Average Impaired loans with specific reserves: Real-estate - mortgage: Residential $ 559,146 $ 559,146 $ 15,768 $ 155,330 $ 563,961 Commercial 2,187,294 2,187,294 55,535 550,794 2,271,949 Consumer 393,740 393,740 20,767 178,657 394,356 Installment - - - - - Home Equity - - - - - Commercial 278,786 278,786 11,541 278,786 286,433 Total impaired loans with specific reserves $ 3,418,966 $ 3,418,966 $ 103,611 $ 1,163,567 $ 3,516,699 Impaired loans with no specific reserve: Real-estate - mortgage: Residential $ 1,070,497 $ 1,070,497 $ 39,257 n/a $ 1,071,479 Commercial 1,176,899 1,176,899 46,583 n/a 1,231,505 Consumer 10,602 10,602 - n/a - Installment 180,204 180,204 - n/a - Home Equity 51,628 51,628 - n/a 50,999 Commercial - - - n/a - Total impaired loans with no specific reserve $ 2,489,830 $ 2,489,830 $ 85,840 - $ 2,353,983

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Premises and Equipment	Note 5. Premises and Equipment A summary of premises and equipment is as follows: Useful lives 2015 2014 2013 Land $ 684,977 $ 684,977 $ 684,977 Buildings 5-50 years 6,283,741 6,221,980 6,142,509 Equipment and fixtures 5-30 years 5,365,211 5,400,514 5,187,984 Construction in progress 500 53,197 61,155 12,334,429 12,360,668 12,076,625 Accumulated depreciation (8,965,564 ) (8,689,373 ) (8,379,853 ) $ 3,368,865 $ 3,671,295 $ 3,696,772 Depreciation expense totaled $393,200, $59,506, The Bank leases its Severna Park and Linthicum branches . $153,659,

Federal Home Loan Bank and Shor

Federal Home Loan Bank and Short-term Borrowings	12 Months Ended
	Dec. 31, 2015
Federal Home Loan Bank And Short Term Borrowings [Abstract]
Federal Home Loan Bank and Short-term Borrowings	Note 6. Federal Home Loan Bank and Short-term Borrowings The Bank owned 12,031 shares of common stock of the FHLB at December 31, 2015. The Bank is required to maintain an investment of 0.2% of total assets, adjusted annually, plus 4.5% of total advances, adjusted for advances and repayments. The credit available under this facility is determined at 20% of the Bank’s total assets, or approximately $71,817,000 at December 31, 2015. Long-term advances totaled $20,000,000 $21,918, The Bank also had available unsecured federal funds lines of credit from three financial institutions for $3,000,000, $5,000,000, and $8,000,000. No balances were outstanding on these lines of credit on December 31, 2015.

Long-term Borrowings

Long-term Borrowings	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Long-term Borrowings	Note 7. Long-term Borrowings Long-term borrowings are as follows: 2015 2014 2013 Federal Home Loan Bank of Atlanta, convertible advances $ 20,000,000 $ 20,000,000 $ 20,000,000 The Federal Home Loan Bank of Atlanta, convertible advances total includes the following: A $10,000,000 convertible advance issued in 2007, which has a final maturity of November, 1, 2017, but is callable monthly. This advance has a 3.28% interest rate, with interest payable monthly. The proceeds of the convertible advance were used to fund loans and purchase investment securities. A $5,000,000 convertible advance issued in 2008, which has a final maturity of July 23, 2018, but is callable quarterly starting July 23, 2009. This advance has a 2.73% interest rate, with interest payable quarterly. The proceeds of the convertible advance were used to fund loans. A $5,000,000 convertible advance issued in 2008, which has a final maturity of August 22, 2018, but is callable quarterly starting August 22, 2011. This advance has a 3.34% interest rate, with interest payable quarterly. The proceeds of the convertible advance were used to fund loans. At December 31, 2015, the scheduled maturities of long-term borrowings are as follows: 2015 2017 $ 10,000,000 2018 10,000,000 $ 20,000,000

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposits	Note 8. Deposits Major classifications of interest-bearing deposits are as follows: 2015 2014 2013 NOW and SuperNOW $ 27,502,016 $ 26,990,274 $ 27,991,553 Money Market 19,079,536 20,465,436 19,219,579 Savings 78,107,913 74,973,038 71,278,801 Certificates of Deposit, $100,000 or more 34,239,331 36,118,031 28,916,597 Other time deposits 82,677,870 91,767,589 89,649,301 $ 241,606,666 $ 250,314,368 $ 237,055,831 Interest expense on deposits is as follows: 2015 2014 2013 NOW and SuperNOW $ 9,711 $ 11,608 $ 11,300 Money Market 12,763 9,965 10,618 Savings 39,936 37,537 55,591 Certificates of Deposit, $100,000 or more 522,637 523,472 373,880 Other time deposits 1,165,027 1,310,732 1,562,938 $ 1,750,074 $ 1,893,314 $ 2,014,327 At December 31, 2015, the scheduled maturities of time deposits are approximately as follows: 2015 2016 $ 44,839,000 2017 11,863,000 2018 17,966,000 2019 25,562,000 2020 15,303,000 2021 and thereafter 1,384,000 $ 116,917,000 Deposit balances of executive officers and directors and their affiliated interests totaled approximately $1,971,000, The Bank had no brokered deposits at December 31, 2015, 2014, and 2013.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 9. Income Taxes The components of income tax expense for the years ended December 31, 2015, 2014, and 2013 are as follows: 2015 2014 2013 Current: Federal $ (322,723 ) $ 408,056 $ 400,931 State (60,104 ) 187,266 197,671 Total current (382,827 ) 595,322 598,602 Deferred income (benefits) taxes: Federal 352,543 (253,848 ) (9,542 ) State 275,205 (32,822 ) 44,795 Total deferred (benefits) taxes 627,748 (286,670 ) 35,252 Income tax expense $ 244,921 $ 308,652 $ 633,855 A reconciliation of income tax expense computed at the statutory rate of 34% to the actual income tax expense for the years ended December 31, 2015, 2014, and 2013 is as follows: 2015 2014 2013 Income before income tax expense (benefit) $ 1,597,537 $ 2,223,178 $ 3,248,032 Taxes computed at Federal income tax rate $ 543,163 $ 755,881 $ 1,104,331 Increase (decrease) resulting from: Tax-exempt income (441,890 ) (531,764 ) (630,710 ) State income taxes, net of Federal income tax benefit 141,966 101,933 160,027 Other 1,682 (17,398 ) 207 Income tax expense $ 244,921 $ 308,652 $ 633,855 The components of the net deferred income tax benefits as of December 31, 2015, 2014, and 2013 are as follows: 2015 2014 2013 Deferred income tax benefits: Accrued deferred compensation $ 153,256 $ 142,308 $ 129,101 Impairment loss on investment securities - 1,305,584 1,218,497 Allowance for credit losses 362,732 364,697 458,303 Nonaccrual interest 445,173 445,173 339,765 Alternative minimum tax credits 929,264 615,186 485,444 Net operating loss carryforward credits 373,986 - - Accumulated depreciation 61,019 72,354 60,627 Other real estate owned 14,940 14,940 14,940 Reserve for unfunded commitments 4,641 78,890 78,890 Other temporary differences 2,116 2,116 1,332 Accumulated securities premium accretion 138,207 71,834 39,514 Net unrealized depreciation on investment securities available for sale 199,277 - 778,048 Total deferred income tax benefits 2,684,611 3,113,082 3,604,461 Deferred income tax liabilities: Accumulated securities discount accretion - - - Net unrealized appreciation on investment securities available for sale - 67,847 - Total deferred income tax liabilities - 67,847 - Net deferred income tax benefits $ 2,684,611 $ 3,045,235 $ 3,604,461 Management has determined that no valuation allowance is required as it believes it is more likely than not that all of the deferred tax assets will be fully realizable in the future. At December 31, 2015, 2014, and 2013, management believes there are no uncertain tax positions under ASC Topic 740 Income Taxes (formerly FIN 48, Accounting for Uncertainty in Income Taxes). The Company’s federal income tax returns for 2014, 2013, and 2012 are subject to examinations by the IRS generally for three years after they were filed. In addition, the Company’s state tax returns for the same years are subject to examination by state tax authorities for similar time periods. The 2015 income tax return will be filed in 2016.

Pension and Profit Sharing Plan

Pension and Profit Sharing Plans	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Profit Sharing Plans	Note 10. Pension and Profit Sharing Plans The Bank has a money purchase pension plan, which provides for annual employer contributions based on employee compensation, and covers substantially all employees. Annual contributions, included in employee benefit expense, totaled $225,179, $1,014, The Bank also has a defined contribution retirement plan qualifying under Section 401(k) of the Internal Revenue Code that is funded through a profit sharing agreement and voluntary employee contributions. The plan provides for discretionary employer matching contributions to be determined annually by the Board of Directors. The plan covers substantially all employees. The Bank’s contributions to the plan, included in employee benefit expense, totaled $191,391,

Other Benefit Plans

Other Benefit Plans	12 Months Ended
	Dec. 31, 2015
Investments, All Other Investments [Abstract]
Other Benefit Plans	Note 11. Other Benefit Plans The Bank has life insurance contracts on several officers and is the sole owner and beneficiary of the policies. Cash value totaled $9,357,712, $219,054, The Bank has an unfunded grantor trust, as part of a change in control severance plan, covering substantially all employees. Participants in the plan are entitled to cash severance benefits upon termination of employment, for any reason other than just cause, should a “change in control” of the Company occur.

Other Operating Expenses

Other Operating Expenses	12 Months Ended
	Dec. 31, 2015
Other Operating Expenses [Abstract]
Other Operating Expenses	Note 12. Other Operating Expenses Other operating expenses include the following: 2015 2014 2013 Professional services $ 712,851 $ 677,308 $ 635,502 Stationery, printing and supplies 172,709 185,963 201,883 Postage and delivery 138,691 164,814 139,096 FDIC assessment 305,972 279,584 234,203 Directors fees and expenses 223,542 239,769 226,881 Marketing 142,224 239,437 207,527 Data processing 76,895 25,404 34,909 Correspondent bank services 51,308 45,362 55,444 Telephone 229,257 223,071 255,955 Liability insurance 74,508 73,925 71,722 Losses (gains) and expenses on OREO 29,536 62,493 73,698 Other ATM expense 121,487 125,845 117,617 Other 449,322 705,316 462,682 $ 2,728,302 $ 3,048,291 $ 2,717,119

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 13. Commitments and Contingencies Financial instruments: The Bank is a party to financial instruments in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit, which involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the consolidated financial statements. Outstanding loan commitments, unused lines of credit and letters of credit are as follows: 2015 2014 2013 Loan commitments: Construction and land development $ - $ - $ 1,561,000 Other mortgage loans 970,000 1,666,000 2,817,000 $ 970,000 $ 1,666,000 $ 4,378,000 Unused lines of credit: Home-equity lines $ 2,558,091 $ 3,825,462 $ 11,067,236 Commercial lines 17,195,796 15,156,201 7,726,424 Secured consumer line 27,500 50,000 24,043 Unsecured consumer lines 634,122 674,429 673,123 $ 20,415,509 $ 19,706,092 $ 19,490,826 Letters of credit: $ 47,580 $ 57,580 $ 32,000 Loan commitments and lines of credit are agreements to lend to customers as long as there is no violation of any conditions of the contracts. Loan commitments generally have interest rates fixed at current market amounts, fixed expiration dates, and may require payment of a fee. Lines of credit generally have variable interest rates. Many of the loan commitments and lines of credit are expected to expire without being drawn upon; accordingly, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral or other security obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include deposits held in financial institutions, U.S. Treasury securities, other marketable securities, accounts receivable, inventory, property and equipment, personal residences, income-producing commercial properties, and land under development. Personal guarantees are also obtained to provide added security for certain commitments. Letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to guarantee the installation of real property improvements and similar transactions. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Bank holds collateral and obtains personal guarantees supporting those commitments for which collateral or other securities is deemed necessary. The Bank’s exposure to credit loss in the event of nonperformance by the customer is the contractual amount of the commitment. Loan commitments, lines of credit, and letters of credit are made on the same terms, including collateral, as outstanding loans. As of December 31, 2015, the Bank has accrued $11,767

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Note 14. Stockholders’ Equity Restrictions on dividends: Banking regulations limit the amount of dividends that may be paid without prior approval of the Bank’s regulatory agencies. Regulatory approval is required to pay dividends that exceed the Bank’s net profits for the current year plus its retained net profits for the preceding two years. Retained earnings from which dividends may not be paid without prior approval totaled approximately $18,752,000 Employee stock purchase benefit plans: The Company has a stock-based compensation plan, which is described below. There were no options issued during the years ended December 31, 2015, 2014, and 2013. Employees who have completed one year of service are eligible to participate in the employee stock purchase plan. The number of shares of common stock granted under options will bear a uniform relationship to compensation. The plan allows employees to buy stock under options granted at 85% of the fair market value of the stock on the date of grant. Options are vested when granted and will expire no later than 27 months from the grant date or upon termination of employment. Activity under this plan is as follows: At December 31, 2015, shares of common stock reserved for issuance under the plan totaled 48,011 The Board of Directors may suspend or discontinue the plan at its discretion. Dividend reinvestment and stock purchase plan: The Company’s dividend reinvestment and stock purchase plan allows all participating stockholders the opportunity to receive additional shares of common stock in lieu of cash dividends at 95% of the fair market value on the dividend payment date. During 2015, 2014, and 2013, shares of common stock purchased under the plan 12,397, 185,127 The Board of Directors may suspend or discontinue the plan at its discretion. Stockholder purchase plan: The Company’s stockholder purchase plan allows participating stockholders an option to purchase newly issued shares of common stock. The Board of Directors shall determine the number of shares that may be purchased pursuant to options. Options granted will expire no later than three months from the grant date. Each option will entitle the stockholder to purchase one share of common stock, and will be granted in proportion to stockholder share holdings. At the discretion of the Board of Directors, stockholders may be given the opportunity to purchase unsubscribed shares. There was no activity under this plan for the years ended December 31, 2015, 2014, and 2013. At December 31, 2015, shares of common stock reserved for issuance under the plan totaled 313,919. The Board of Directors may suspend or discontinue the plan at its discretion. Under all three plans, options granted, exercised, and expired, shares issued and reserved, and grant prices have been restated for the effects of any stock dividends or stock splits. Regulatory capital requirements: The Company and Bank are subject to various regulatory capital requirements administered by Federal and State banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. The Company and Bank must meet specific capital guidelines that involve quantitative measures of their respective assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting principles. The Company’s and Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The Common Equity Tier 1 (beginning in 2015), Tier 1 and Total capital ratios are calculated by dividing the respective capital amounts by risk-weighted assets. Risk-weighted assets are calculated based on regulatory requirements and include total assets, with certain exclusions, allocated by risk weight category, and certain off-balance-sheet items, among other things. The leverage ratio is calculated by dividing Tier 1 capital by adjusted quarterly average total assets, which exclude goodwill and other intangible assets, among other things. When fully phased in on January 1, 2019, the Basel III Capital Rules will require the Bank and Bancorp to maintain (i) a minimum ratio of Common Equity Tier 1 capital to risk-weighted assets of at least 4.5%, plus a 2.5% “capital conservation buffer” (which is added to the 4.5% Common Equity Tier 1 capital ratio as that buffer is phased in, effectively resulting in a minimum ratio of Common Equity Tier 1 capital to risk-weighted assets of at least 7.0% upon full implementation), (ii) a minimum ratio of Tier 1 capital to risk-weighted assets of at least 6.0%, plus the capital conservation buffer (which is added to the 6.0% Tier 1 capital ratio as that buffer is phased in, effectively resulting in a minimum Tier 1 capital ratio of 8.5% upon full implementation), (iii) a minimum ratio of Total capital (that is, Tier 1 plus Tier 2) to risk-weighted assets of at least 8.0%, plus the capital conservation buffer (which is added to the 8.0% total capital ratio as that buffer is phased in, effectively resulting in a minimum total capital ratio of 10.5% upon full implementation) and (iv) a minimum leverage ratio of 4.0%, calculated as the ratio of Tier 1 capital to average quarterly assets. The implementation of the capital conservation buffer will begin on January 1, 2016 at the 0.625% level and be phased in over a four-year period (increasing by that amount on each subsequent January 1, until it reaches 2.5% on January 1, 2019). The Basel III Capital Rules also provide for a “countercyclical capital buffer” that is applicable to only certain covered institutions and does not have any current applicability to the Bank or Bancorp. The capital conservation buffer is designed to absorb losses during periods of economic stress and, as detailed above, effectively increases the minimum required risk-weighted capital ratios. Banking institutions with a ratio of Common Equity Tier 1 capital to risk-weighted assets below the effective minimum (4.5% plus the capital conservation buffer and, if applicable, the countercyclical capital buffer) will face constraints on dividends, equity repurchases and compensation based on the amount of the shortfall. The following table presents actual and required capital ratios as of December 31, 2015 for the Bank and Bancorp under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum required capital levels as of December 31, 2015 based on the phase-in provisions of the Basel III Capital Rules and the minimum required capital levels as of January 1, 2019 when the Basel III Capital Rules have been fully phased-in. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules. Management believes that as of December 31, 2015, the Bancorp and the Bank are “well capitalized” based on the ratios presented below. Minimum Capital Minimum Capital To Be Well Capitalized Required - Basel III Required - Basel III Fully Under Prompt Corrective Actual Phased-In Schedule Phased-In Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015 Total Capital (to Risk Weighted Assets) Company $ 37,506,000 15.5 % $ 19,382,946 8.0 % $ 25,440,116 10.5 % N/A Bank 37,213,000 15.4 % 19,369,161 8.0 % 25,422,023 10.5 % $ 24,211,451 10.0 % Tier I Capital (to Risk Weighted Assets) Company $ 34,477,000 14.2 % $ 14,537,034 6.0 % $ 20,594,132 8.5 % N/A Bank 34,185,000 14.1 % 14,526,204 6.0 % 20,578,789 8.5 % 19,368,272 8.0 % Tier I Capital (to Average Assets) Company $ 34,477,000 8.8 % $ 15,724,971 4.0 % $ 15,724,971 4.0 % N/A Bank 34,185,000 8.7 % 15,717,241 4.0 % 15,717,241 4.0 % 19,646,552 5.0 % Common Equity Tier I Capital (to Risk Weighted Assets) Company $ 34,477,000 14.2 % $ 10,902,776 4.5 % $ 16,959,874 7.0 % N/A Bank 34,185,000 14.1 % 10,894,653 4.5 % 16,947,238 7.0 % 15,736,721 6.5 % To Be Well Capitalized For Capital Under Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2014 Total Capital (to Risk Weighted Assets) Company $ 36,959,000 14.3 % $ 20,645,810 8.0 % N/A Bank 36,655,000 14.3 % 20,477,654 8.0 % $ 25,597,067 10.0 % Tier I Capital (to Risk Weighted Assets) Company $ 33,728,000 13.1 % $ 10,322,265 4.0 % N/A Bank 33,454,000 13.1 % 10,238,409 4.0 % 15,357,613 6.0 % Tier I Capital (to Average Assets) Company $ 33,728,000 8.5 % $ 15,834,742 4.0 % N/A Bank 33,454,000 8.4 % 16,006,699 4.0 % 20,008,373 5.0 % As of December 31, 2013 Total Capital (to Risk Weighted Assets) Company $ 35,933,000 14.1 % $ 20,329,844 8.0 % N/A Bank 35,624,000 14.1 % 20,183,569 8.0 % $ 25,229,462 10.0 % Tier I Capital (to Risk Weighted Assets) Company $ 32,761,000 12.9 % $ 10,166,330 4.0 % N/A Bank 32,470,000 12.9 % 10,091,686 4.0 % $ 15,137,529 6.0 % Tier I Capital (to Average Assets) Company $ 32,761,000 8.7 % $ 15,079,862 4.0 % N/A Bank 32,470,000 8.6 % 15,119,907 4.0 % $ 18,899,884 5.0 %

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Common Share	Note 15. Earnings Per Common Share Earnings per common share are calculated as follows: 2015 2014 2013 Basic: Net income $ 1,352,616 $ 1,914,526 $ 2,614,177 Weighted average common shares outstanding 2,768,966 2,755,671 2,742,003 Basic net income per share $ 0.49 $ 0.69 $ 0.95 Diluted earnings per share calculations were not required for 2015, 2014, and 2013 as there were no options outstanding at December 31, 2015, 2014, and 2013.

Fair Values of Financial Instru

Fair Values of Financial Instruments	12 Months Ended
	Dec. 31, 2015
Investments, All Other Investments [Abstract]
Fair Values of Financial Instruments	Note 16. Fair Values of Financial Instruments ASC Topic 825, Disclosure about Fair Value of Financial Instruments Present value techniques used in estimating the fair value of the Company’s financial instruments are significantly affected by the assumptions used. Fair values derived from using present value techniques are not substantiated by comparisons to independent markets, and in many cases, could not be realized in immediate settlement of the instruments. ASC Topic 825 excludes certain financial instruments and all nonfinancial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. The following table shows the estimated fair value and the related carrying values of the Company’s financial instruments as December 31, 2015, 2014, and 2013. Items that are not financial instruments are not included. 2015 2014 2013 Carrying Fair Carrying Fair Carrying Fair Amount Value Amount Value Amount Value Financial assets: Cash and due from banks $ 7,493,524 $ 7,493,524 $ 7,101,352 $ 7,101,352 $ 9,214,503 $ 9,214,503 Interest-bearing deposits in other financial institutions 2,308,117 2,308,117 2,154,817 2,154,817 1,636,194 1,636,194 Federal funds sold 2,569,767 2,569,767 4,024,065 4,024,065 102,772 102,772 Investment securities available for sale 98,790,010 98,790,010 87,993,145 87,993,145 74,313,682 74,313,682 Federal Home Loan Bank Stock 1,203,100 1,203,100 1,327,800 1,327,800 1,452,900 1,452,900 Maryland Financial Bank Stock 30,000 30,000 30,000 30,000 30,000 30,000 Ground rents 163,638 163,638 169,200 169,200 169,200 169,200 Loans, less allowance for credit losses 259,636,706 252,239,000 273,986,237 268,536,000 270,684,120 270,684,120 Accrued interest receivable 1,121,405 1,121,405 1,274,137 1,274,137 1,509,238 1,509,238 Cash value of life insurance 9,357,712 9,357,712 9,138,658 9,138,658 8,914,817 8,914,817 Financial liabilities: Deposits 335,191,530 307,924,000 338,877,292 310,239,000 323,803,356 291,046,000 Long-term borrowings 20,000,000 20,688,000 20,000,000 20,951,000 20,000,000 21,032,000 Dividends payable - - 276,096 276,096 274,737 274,737 Accrued interest payable 39,855 39,855 39,823 39,823 28,523 28,523 Unrecognized financial instruments: Commitments to extend credit 21,385,509 21,385,509 21,372,092 21,372,092 23,868,826 23,868,826 Standby letters of credit 47,580 47,580 57,580 57,580 32,000 32,000 The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments. Carrying Fair December 31, 2015 Amount Value Level 1 Level 2 Level 3 Financial instruments - Assets Cash and cash equivalents $ 12,371,408 $ 12,371,408 $ - $ 12,371,408 $ - Loans receivable, net 259,636,706 252,239,000 - - 252,239,000 Cash value of life insurance 9,357,712 9,357,712 - 9,357,712 - Financial instruments - Liabilities Deposits 335,191,530 307,924,000 192,746,000 115,178,000 - Long-term debt 20,000,000 20,688,000 - 20,688,000 - For purposes of the disclosures of estimated fair value, the following assumptions were used. Loans: The estimated fair value for loans is determined by discounting future cash flows using current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Investment securities: Fair values for investment securities are based on quoted market prices, where applicable. When quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. Deposits: The estimated fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, savings, NOW accounts and money market accounts, is equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The fair value of certificates of deposit is based on the rates currently offered for deposits of similar maturities. The fair value estimates do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market. Borrowings: The estimated fair value approximates carrying value for short-term borrowings. The fair value of long-term fixed rate borrowings is estimated by discounting future cash flows using current interest rates currently offered for similar financial instruments over the same maturities. Other assets and liabilities: The estimated fair values for cash and due from banks, interest-bearing deposits in other financial institutions, Federal funds sold, accrued interest receivable and payable, and short-term borrowings are considered to approximate cost because of their short-term nature. Other assets and liabilities of the Bank that are not defined as financial instruments are not included in the above disclosures, such as property and equipment. In addition, non-financial instruments typically not recognized in the financial statements nevertheless may have value but are not included in the above disclosures. These include, among other items, the estimated earnings power of core deposit accounts, the trained work force, customer goodwill, and similar items.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 17. Fair Value Measurements The Company follows ASC Topic 820, Fair Value Measurements ASC Topic 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC Topic 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value. Fair Value Hierarchy Level 1 – Quoted prices in active markets for identical assets or liabilities Level 2 – Other significant observable inputs (including quoted prices in active markets for similar assets or liabilities) Level 3 – Significant unobservable inputs (including the Bank’s own assumptions in determining the fair value of assets or liabilities) In determining the appropriate levels, the Company performs a detailed analysis of assets and liabilities that are subject to ASC Topic 820. The Bank’s securities available-for-sale are the only assets or liabilities subject to fair value measurements on a recurring basis. The Bank may also be required, from time to time, to measure certain other financial and non-financial assets and liabilities at fair value on a non-recurring basis in accordance with GAAP. At December 31, 2015 these non-recurring assets consisted of 28 loans classified as both nonaccrual (11) and accruing loans (17) and a homogeneous pool of indirect and consumer loans considered to be impaired, which are valued under Level 3 inputs and two properties classified as OREO valued under Level 2 inputs. Fair value measurements on a recurring and non-recurring basis at December 31, 2015 are as follows: Fair Level 1 Level 2 Level 3 Value December 31, 2015 Recurring: Securities available for sale U.S. Treasury $ - $ 2,991,485 $ - $ 2,991,485 State and Municipal - 29,996,099 - 29,996,099 Mortgaged-backed - 65,802,426 - 65,802,426 Non-recurring: Maryland Financial Bank stock - - 30,000 30,000 Impaired loans - - 4,023,092 4,023,092 OREO 74,400 - 74,400 $ - $ 98,864,410 $ 4,053,092 $ 102,917,502 Securities available-for-sale are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. Measured on a Non-Recurring Basis: Financial Assets and Liabilities The Bank is predominantly a cash flow lender with real estate serving as collateral on a majority of loans. Loans which are deemed to be impaired and foreclosed real estate assets are primarily valued on a nonrecurring basis at the fair values of the underlying real estate collateral. The Bank determines such fair values from independent appraisals. Based on these appraisals, management has applied a specific valuation allowance allocation of $1,103,686 to the impaired loans, which management considers to be level 3 inputs. Non-Financial Assets and Non-Financial Liabilities Application of ASC Topic 820 to non-financial assets and non-financial liabilities became effective January 1, 2009. The Corporation has no non-financial assets or non-financial liabilities measured at fair value on a recurring basis. Certain non-financial assets and non-financial liabilities typically measured at fair value on a non-recurring basis include foreclosed assets (upon initial recognition or subsequent impairment), non-financial assets and non-financial liabilities measured at fair value in the second step of a goodwill impairment test, and intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. Foreclosed real estate were adjusted to their fair values, resulting in an impairment charge, which was included in earnings for the year. Foreclosed real estate, which are considered to be non-financial assets, have been valued using a market approach. The values were determined using market prices of similar current real estate assets in the same geographical area, which the Bank considers to be level 2 inputs.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	12 Months Ended
	Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Note 18. Recently Issued Accounting Pronouncements The FASB has issued several exposure drafts which, if adopted, would significantly alter the Company’s (and all other financial institutions’) method of accounting for, and reporting, its financial assets and some liabilities from a historical cost method to a fair value method of accounting as well as the reported amount of net interest income. Also, the FASB has issued an exposure draft regarding a change in the accounting for leases. Under this exposure draft, the total amount of “lease rights” and total amount of future payments required under all leases would be reflected on the balance sheets of all entities as assets and debt. If the changes under discussion in either of these exposure drafts are adopted, the financial statements of the Company could be materially impacted as to the amounts of recorded assets, liabilities, capital, net interest income, interest expense, depreciation expense, rent expense and net income. The Company has not determined the extent of the possible changes at this time. The exposure drafts are in different stages of review, approval and possible adoption. ASU 2011-11, “Balance Sheet (Topic 210) – “Disclosures about Offsetting Assets and Liabilities.” ASU 2011-11 amends Topic 210, “Balance Sheet,” to require an entity to disclose both gross and net information about financial instruments, such as sales and repurchase agreements and reverse sale and repurchase agreements and securities borrowing/lending arrangements, and derivative instruments that are eligible for offset in the statement of financial position and/or subject to a master netting arrangement or similar agreement. ASU 2011-11 is effective for annual and interim periods beginning on January 1, 2013, and did not have a significant impact on the Company’s financial statements. ASU 2012-02 “Intangibles – Goodwill and Other (Topic 350) – Testing Indefinite-Lived Intangible Assets for Impairment.” ASU 2012-02 give entities the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that an indefinite-lived intangible asset is impaired. If, after assessing the totality of events or circumstances, an entity determines it is more likely than not that an indefinite-lived intangible asset is impaired, then the entity must perform the quantitative impairment test. If, under the quantitative impairment test, the carrying amount of the intangible asset exceeds its fair value, an entity should recognize an impairment loss in the amount of that excess. Permitting an entity to assess qualitative factors when testing indefinite-lived intangible assets for impairment results in guidance that is similar to the goodwill impairment testing guidance in ASU 2011-08. ASU 2012-02 is effective for the Corporation beginning January 1, 2013 (early adoption permitted) and did not have a significant impact on the Corporation’s financial statements. ASU 2013-02, “Comprehensive Income (Topic 220) – Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” ASU 2013-02 amends recent guidance related to the reporting of comprehensive income to enhance the reporting of reclassifications out of accumulated other comprehensive income. ASU 2013-02 became effective for the Company on January 1, 2013 and did not have a significant impact on the Company’s financial statements. ASU 2013-08, “Financial Services – Investment Companies (Topic 946) – Amendments to the Scope, Measurement and Disclosure Requirements.” ASU 2013-08 clarifies the characteristics of investment companies and sets forth a new approach for determining whether a company is an investment company. The fundamental characteristics of an investment company include (i) the company obtains funds from investors and provides the investors with investment management services; (ii) the company commits to its investors that its business purpose and only substantive activities are investing the funds for returns solely from capital appreciation, investment income, or both; and (iii) the company or its affiliates do not obtain or have the objective of obtaining returns or benefits from an investee or its affiliates that are not normally attributable to ownership interests or that are other than capital appreciation or investment income. ASU 2013-08 also sets forth the scope, measurement and disclosure requirements for investment companies. ASU 2013-08 is effective for the Corporation on January 1, 2014 and is not expected to have any impact on the Company’s financial statements. ASU 2013-10, “Derivatives and Hedging (Topic 815) – Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes.” ASU 2013-10 permits the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) to be used as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, in addition to interest rates on direct Treasury obligations of the U.S. government and the London Interbank Offered Rate (“LIBOR”). ASU 2013-10 became effective for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013 and did not have a significant impact on the Company’s financial statements. ASU 2013-12, “Definition of a Public Business Entity - An Addition to the Master Glossary.” ASU 2013-12 amends the Master Glossary of the FASB Accounting Standards Codification to include one definition of public business entity for future use in U.S. GAAP and identifies the types of business entities that are excluded from the scope of the Private Company Decision-Making Framework: A Guide for Evaluating Financial Accounting and Reporting for Private Companies. ASU 2013-12 did not have a significant impact on the Company’s financial statements. ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when (or as) the entity satisfies a performance obligation. ASU 2014-09 is effective for the Corporation on January 1, 2017. The Corporation is still evaluating the potential impact on the Corporation's financial statements. ASU 2014-11, “Transfers and Servicing (Topic 860).” ASU 2015-01, “Income Statement - Extraordinary and Unusual Items (Subtopic 225-20) – Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” ASU 2015-02, “Consolidation (Topic 810) – Amendments to the Consolidation Analysis.” ASU 2015-03, “Interest - Imputation of Interest (Subtopic 835-30) – Simplifying the Presentation of Debt Issuance Costs.” ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in ASU 2015-03. ASU 2015-03 will be effective for us on January 1, 2016, though early adoption is permitted. ASU 2015-03 is not expected to have a significant impact on our financial statements. ASU 2015-05, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40) – Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” ASU 2015-09, “Financial Services-Insurance: Disclosures About Short-Duration Contracts.” ASU 2015-14, “Revenue from Contracts with Customers—Deferral of the Effective Date.” ASU 2015-14 defers the effective date of ASU 2014-09 “Revenue from Contracts with Customers which supersedes the revenue recognition requirements in Topic 605, Revenue Recognition” by one year. ASU 2014-09 is based on the principle that revenue is recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts. Under ASU 2015-14, ASU 2014-09 is now effective for annual periods beginning after December 15, 2017, and interim periods within those years. The Company is currently evaluating the effects of ASU 2014-09 on its financial statements and disclosures, if any. ASU 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements.” ASU 2015-15 expands guidance provided in ASU 2015-03 and states that presentation of costs associated with securing a revolving line of credit as an asset is permitted, regardless of whether or not the line of credit is funded. ASU 2015-15 is effective for annual reporting periods, including interim reporting periods within those periods, beginning after December 15, 2015, and early adoption is permitted. The Company is currently evaluating the effects of ASU 2015-15 on its financial statements and disclosures, if any. ASU 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments.” ASU 2015-16 simplifies the accounting for measurement-period adjustments in a business combination by requiring the acquirer to recognize adjustments to provisional amounts identified during the measurement period in the reporting period in which the adjustments are determined, thereby eliminating the requirement to retrospectively account for those adjustments. The acquirer is also required to record in the reporting period in which the adjustments are determined the effect on earnings of changes in depreciation, amortization, and other items resulting from the change to the provisional amounts. ASU 2015-16 is effective for annual periods beginning after December 31, 2015, with early application permitted, and shall apply to adjustments to provisional amounts that occur after the effective date. ASU 2015-16 is not expected to have any significant impact on our financial statements. ASU 2016-1, “No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.”

Parent Company Financial Inform

Parent Company Financial Information	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Parent Company Financial Information	Note 19. Parent Company Financial Information The Balance Sheets, Statements of Income, and Statements of Cash Flows for Glen Burnie Bancorp (Parent Only) are presented below: Balance Sheets December 31, 2015 2014 2013 Assets Cash $ 184,366 $ 283,796 $ 296,245 Investment in The Bank of Glen Burnie 33,882,666 33,557,329 31,292,459 Investment in GBB Properties, Inc. 104,570 254,870 255,170 Due from subsidiaries 6,211 2,095 2,067 Other assets 8,000 8,533 11,957 Total assets $ 34,185,813 $ 34,106,623 $ 31,857,898 Liabilities and Stockholders’ Equity Other liabilities $ 10,000 $ - $ - Dividends payable - 276,096 274,737 Total liabilities 10,000 276,096 274,737 Stockholders’ equity: Common stock 2,773,361 2,760,964 2,747,370 Surplus 9,986,064 9,854,119 9,713,335 Retained earnings 21,718,122 21,112,714 20,300,531 Accumulated other comprehensive income (loss), net of benefits (301,734 ) 102,730 (1,178,075 ) Total stockholders’ equity 34,175,813 33,830,527 31,583,161 Total liabilities and stockholders’ equity $ 34,185,813 $ 34,106,623 $ 31,857,898 Statements of Income Years Ended December 31, 2015 2014 2013 Dividends and distributions from subsidiaries $ 678,000 $ 980,000 $ 980,000 Other expenses (86,843 ) (77,375 ) (76,005 ) Income before income tax benefit and equity in undistributed net income of subsidiaries 591,157 902,625 903,995 Income tax benefit 31,958 28,136 27,970 Change in undistributed equity of subsidiaries 729,501 983,765 1,682,212 Net income $ 1,352,616 $ 1,914,526 $ 2,614,177 Statements of Cash Flows Years Ended December 31, 2015 2014 2013 Cash flows from operating activities: Net income $ 1,352,616 $ 1,914,526 $ 2,614,177 Adjustments to reconcile net income to net cash provided by operating activities: Decrease (increase) in other assets 533 3,424 (7,665 ) Increase in other liabilities 10,000 - - (Increase) in due from subsidiaries (4,116 ) (28 ) (705 ) Distribution from Investment in GBB 150,000 - - Change in undistributed equity of subsidiaries (729,501 ) (983,765 ) (1,682,212 ) Net cash provided by operating activities 779,532 934,157 923,595 Cash flows from financing activities: Proceeds from dividend reinvestment plan 144,342 154,378 118,821 Dividends paid (1,023,304 ) (1,100,984 ) (822,073 ) Net cash used in financing activities (878,962 ) (946,606 ) (703,252 ) (Decrease) increase in cash (99,430 ) (12,449 ) 220,343 Cash, beginning of year 283,796 296,245 75,902 Cash, end of year $ 184,366 $ 283,796 $ 296,245

Quarterly Results of Operations

Quarterly Results of Operations (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations (Unaudited)	Note 20. Quarterly Results of Operations (Unaudited) The following is a summary of consolidated unaudited quarterly results of operations: 2015 (Dollars in thousands, Three months ended, except per share amounts) December 31 September 30 June 30 March 31 Interest income $ 3,356 $ 3,396 $ 3,374 $ 3,480 Interest expense 576 588 607 620 Net interest income 2,780 2,808 2,767 2,860 Provision for credit losses 410 985 150 150 Net securities gains 369 200 270 199 Income before income taxes 552 (169 ) 786 429 Net income 447 8 518 380 Net income per share (basic and diluted) $ 0.16 $ - $ 0.19 $ 0.14 2014 (Dollars in thousands, Three months ended, except per share amounts) December 31 September 30 June 30 March 31 Interest income $ 3,627 $ 3,658 $ 3,560 $ 3,675 Interest expense 652 666 628 588 Net interest income 2,975 2,992 2,932 3,087 Provision for credit losses 746 125 112 38 Net securities gains 575 361 141 79 Income before income taxes 521 637 498 567 Net income 480 526 435 473 Net income per share (basic and diluted) $ 0.17 $ 0.19 $ 0.16 $ 0.17 2013 (Dollars in thousands, Three months ended, except per share amounts) December 31 September 30 June 30 March 31 Interest income $ 4,004 $ 3,940 $ 3,708 $ 3,630 Interest expense 571 675 699 717 Net interest income 3,433 3,265 3,009 2,913 Provision for credit losses 260 - - - Net securities gains 71 150 122 2 Income before income taxes 814 1,039 788 607 Net income 650 795 640 529 Net income per share (basic and diluted) $ 0.23 $ 0.29 $ 0.24 $ 0.19

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation: The consolidated financial statements include the accounts of Glen Burnie Bancorp and its subsidiaries, The Bank of Glen Burnie and GBB Properties, Inc., a company engaged in the acquisition and disposition of other real estate. Intercompany balances and transactions have been eliminated. The Parent Only financial statements (see Note 19) of the Company account for the subsidiaries using the equity method of accounting. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether the entity is a voting interest entity or a variable interest entity under accounting principles generally accepted in the United States. Voting interest entities are entities, in which the total equity investment at risk is sufficient to enable the entity to finance itself independently and provides the equity holders with the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity’s activities. The Company consolidates voting interest entities in which it has all, or at least a majority of, the voting interest. As defined in applicable accounting standards, variable interest entities (VIE’s) are entities that lack one or more of the characteristics of a voting interest entity. A controlling financial interest in an entity is present when an enterprise has a variable interest, or a combination of variable interest, that will absorb a majority of the entity’s expected losses, receive a majority of the entity’s expected residual returns, or both. The enterprise with a controlling financial interest, known as the primary beneficiary, consolidates the VIE.
Accounting Standards Codification	Accounting Standards Codification: The Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) became effective for interim and annual periods ending after September 15, 2009. At that date, the ASC became FASB’s officially recognized source of authoritative U.S. generally accepted accounting principles (“GAAP”) applicable to all public and non-public non-governmental entities, superseding existing FASB, American Institute of Certified Public Accountants (“AICPA”), Emerging Issues Task Force (“EITF”) and related literatures. Rules and interpretive releases of the SEC under the authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. All other accounting literature is considered non-authoritative. The switch to ASC affects the way companies refer to U.S. GAAP in financial statements and accounting policies. Citing particular content in the ASC involves specifying the unique numeric path to the content through the Topic, Subtopic, Section and Paragraph structure.
Use of Estimates	Use of Estimates: The preparation of the consolidated financial statements in conformity with accounting principles generally accepted within the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Securities Held to Maturity	Securities Held to Maturity: Bonds, notes, and debentures for which the Bank has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the effective interest rate method over the period to maturity. Securities transferred into held to maturity from the available for sale portfolio are recorded at fair value at time of transfer with unrealized gains or losses reflected in equity and amortized over the remaining life of the security.
Securities Available for Sale	Securities Available for Sale: Marketable debt securities not classified as held to maturity are classified as available for sale. Securities available for sale may be sold in response to changes in interest rates, loan demand, changes in prepayment risk, and other factors. Changes in unrealized appreciation (depreciation) on securities available for sale are reported in other comprehensive income, net of tax. Realized gains (losses) on securities available for sale are included in other income (expense) and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income. The gains and losses on securities sold are determined by the specific identification method. Premiums and discounts are recognized in interest income using the effective interest rate method over the period to maturity. Additionally, declines in the fair value of individual investment securities below their cost that are other than temporary are reflected as realized losses in the consolidated statements of income.
Other Securities	Other Securities: Federal Home Loan Bank (“FHLB”) and Maryland Financial Bank (“MFB”) stocks are equity interests that do not necessarily have readily determinable fair values for purposes of the ASC Topic 320, Accounting for Certain Investments in Debt and Equity Securities
Loans and Allowance for Credit Losses	Loans and Allowance for Credit Losses: Loans are generally carried at the amount of unpaid principal, adjusted for deferred loan fees, which are amortized over the term of the loan using the effective interest rate method. Interest on loans is accrued based on the principal amounts outstanding. It is the Bank’s policy to discontinue the accrual of interest when a loan is specifically determined to be impaired or when principal or interest is delinquent for ninety days or more. When a loan is placed on nonaccrual status all interest previously accrued but not collected is reversed against current period interest income. Interest income generally is not recognized on specific impaired loans unless the likelihood of further loss is remote. Cash collections on such loans are applied as reductions of the loan principal balance and no interest income is recognized on those loans until the principal balance has been collected. Interest income on other nonaccrual loans is recognized only to the extent of interest payments received. The carrying value of impaired loans is based on the present value of the loan’s expected future cash flows or, alternatively, the observable market price of the loan or the fair value of the collateral. The allowance for loan losses is maintained at a level believed adequate by management to absorb probable losses inherent in the loan portfolio and is based on the size and current risk characteristics of the loan portfolio, an assessment of individual problem loans and actual loss experience, current economic events in specific industries and geographical areas, including unemployment levels, and other pertinent factors, including regulatory guidance and general economic conditions. Determination of the allowance is inherently subjective as it requires significant estimates, including the amounts and timing of expected future cash flows on impaired loans, estimated losses on pools of homogeneous loans based on historical loss experience, and consideration of current economic trends, all of which may be susceptible to significant change. Loan losses are charged off against the allowance, while recoveries of amounts previously charged off are credited to the allowance. A provision for loan losses is charged to operations based on management’s periodic evaluation of the factors previously mentioned, as well as other pertinent factors. Evaluations are conducted at least quarterly and more often if deemed necessary. The allowance for loan losses typically consists of an allocated component and an unallocated component. The components of the allowance for loan losses represent an estimation done pursuant to either ASC Topic 450, Accounting for Contingencies, or ASC Topic 310, Accounting by Creditors for Impairment of a Loan. The allocated component of the allowance for loan losses reflects expected losses resulting from an analysis developed through specific credit allocations for individual loans and historical loss experience for each loan category. The specific credit allocations are based on regular analysis of all loans over a fixed-dollar amount where the internal credit rating is at or below a predetermined classification. The historical loan loss element is determined statistically using a loss migration analysis that examines loss experience over a current four year period and the related internal gradings of loans charged off. The loss migration analysis is performed quarterly and loss factors are updated regularly based on actual experience. The allocated component of the allowance for loan losses also includes consideration of concentrations and changes in portfolio mix and volume. Any unallocated portion of the allowance reflects management’s estimate of probable inherent but undetected losses within the portfolio due to uncertainties in economic conditions, delays in obtaining information, including unfavorable information about a borrower’s financial condition, the difficulty in identifying triggering events that correlate perfectly to subsequent loss rates, and risk factors that have not yet manifested themselves in loss allocation factors. In addition, the unallocated allowance includes a component that explicitly accounts for the inherent imprecision in loan loss migration models. The historical losses used in the migration analysis may not be representative of actual unrealized losses inherent in the portfolio.
Reserve for Unfunded Commitments	Reserve for Unfunded Commitments: The reserve for unfunded commitments is established through a provision for unfunded commitments charged to other expenses. The reserve is calculated by utilizing the same methodology and factors as the allowance for credit losses. The reserve, based on evaluations of the collectibiltiy of loans and prior loan loss experience, is an amount that management believes will be adequate to absorb possible losses on unfunded commitments (off-balance sheet financial instruments) that may become uncollectible in the future.
Troubled Debt Restructurings	Troubled Debt Restructurings: In situations where, for economic or legal reasons related to a borrower’s financial difficulties, management may grant a concession for other than insignificant period of time to the borrower that would not otherwise be considered, the related loan is classified as a troubled debt restructuring. Management strives to identify borrowers in financial difficulty early and work with them to modify to more affordable terms before their loan reaches non-accrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral.
Other Real Estate Owned ("OREO")	Other Real Estate Owned (“OREO”): OREO comprises properties acquired in partial or total satisfaction of problem loans. The properties are recorded at the lower of cost or fair value (appraised value less the estimated cost to sell) at the date acquired. Losses arising at the time of acquisition of such properties are charged against the allowance for credit losses. Subsequent write-downs that may be required and expenses of operation are included in other income or expenses. Gains and losses realized from the sale of OREO are included in other income or expenses. Loans converted to OREO through foreclosure proceedings totaled $74,400,
Bank Premises and Equipment	Bank Premises and Equipment: Bank premises and equipment are stated at cost less accumulated depreciation. The provision for depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are depreciated over the lesser of the terms of the leases or their estimated useful lives. Expenditures for improvements that extend the life of an asset are capitalized and depreciated over the asset’s remaining useful life. Gains or losses realized on the disposition of premises and equipment are reflected in the consolidated statements of income. Expenditures for repairs and maintenance are charged to other expenses as incurred. Computer software is recorded at cost and amortized over three to five years.
Long-Lived Assets	Long-Lived Assets: The carrying value of long-lived assets and certain identifiable intangibles, including goodwill, is reviewed by the Bank for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, as prescribed in ASC Topic 360, Accounting for the Impairment or Disposal of Long-Lived Asset
Income Taxes	Income Taxes: The provision for Federal and state income taxes is based upon the results of operations, adjusted for tax-exempt income. Deferred income taxes are provided by applying enacted statutory tax rates to temporary differences between financial and taxable bases. Temporary differences which give rise to deferred tax benefits relate principally to accrued deferred compensation, accumulated impairment losses on investment securities, allowance for credit losses, non-accrual interest, unused alternative minimum tax credits, net unrealized depreciation on investment securities available for sale, accumulated depreciation, OREO, and reserve for unfunded commitments. Temporary differences which give rise to deferred tax liabilities relate principally to accumulated securities discount accretion and net unrealized appreciation on investment securities available for sale.
Credit Risk	Credit Risk: The Bank has unsecured deposits and Federal funds sold with several other financial institutions in excess of amounts insured by the Federal Deposit Insurance Corporation (“FDIC”).
Cash and Cash Equivalents	Cash and Cash Equivalents: The Bank has included cash and due from banks, interest-bearing deposits in other financial institutions, and Federal funds sold as cash and cash equivalents for the purpose of reporting cash flows.
Accounting for Stock Options	Accounting for Stock Options: The Company follows ASC Topic 718, Share-Based Payments
Earnings per share	Earnings per share: Basic earnings per common share are determined by dividing net income by the weighted average number of shares of common stock outstanding. Diluted earnings per share are calculated including the average dilutive common stock equivalents outstanding during the period. Dilutive common equivalent shares consist of stock options, calculated using the treasury stock method.
Financial Statement Presentation	Financial Statement Presentation: Certain amounts in the prior years’ financial statements have been reclassified to conform to the current year’s presentation.

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of summary of investment securities	Gross Gross Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses Value Available for sale: U.S. Treasury $ 2,995,525 $ 122 $ 4,162 $ 2,991,485 State and municipal 29,635,572 397,568 37,041 29,996,099 Mortgage-backed 66,659,924 21,182 878,680 65,802,426 $ 99,291,021 $ 418,872 $ 919,883 $ 98,790,010 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2014 Cost Gains Losses Value Available for sale: U.S. Treasury $ 7,946,530 $ 5,843 $ 23,883 $ 7,928,490 U.S. Government agencies 28,360 295,584 - 323,944 State and municipal 32,771,006 813,974 75,534 33,509,446 Corporate trust preferred 247,150 - 83,695 163,455 Mortgage-backed 46,831,094 95,832 859,116 46,067,810 $ 87,824,140 $ 1,211,233 $ 1,042,228 $ 87,993,145 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2013 Cost Gains Losses Value Available for sale: U.S. Government agencies $ 28,360 $ 575,000 $ - $ 603,360 State and municipal 32,395,630 360,384 1,746,943 31,009,071 Corporate trust preferred 333,395 - 109,403 223,992 Mortgage-backed 43,512,419 688,095 1,723,255 42,477,259 $ 76,269,804 $ 1,623,479 $ 3,579,601 $ 74,313,682
Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time in continuous unrealized loss position	Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss U.S. Treasury $ 2,492,190 $ 4,162 $ - $ - $ 2,492,190 $ 4,162 State and Municipal 3,616,349 25,197 810,953 11,844 4,427,302 37,041 Mortgaged-backed 39,761,158 376,176 16,961,097 502,504 56,722,255 878,680 $ 45,869,697 $ 405,535 $ 17,772,050 $ 514,348 $ 63,641,747 $ 919,883
Schedule of rollforward of the cumulative other-than-temporary credit losses recognized in earnings for all debt and equity securities	2015 2014 2013 Estimated credit losses, beginning of year $ 3,262,496 $ 3,262,496 $ 3,246,915 Sales of securities with previous OTTI recognized (3,262,496 ) - - Credit losses - no previous OTTI recognized - - - Credit losses - previous OTTI recognized - - 15,581 Estimated credit losses, end of year $ - $ 3,262,496 $ 3,262,496
Schedule of contractual maturities of investment securities	Available for Sale Amortized Fair December 31, 2015 Cost Value Due within one year $ - $ - Due over one to five years 2,995,525 2,991,485 Due over five to ten years - - Due over ten years 29,635,572 29,996,099 Mortgage-backed, due in monthly installments 66,659,924 65,802,426 $ 99,291,021 $ 98,790,010 Available for Sale Amortized Fair December 31, 2014 Cost Value Due within one year $ 61,064 $ 61,780 Due over one to five years 5,938,706 5,923,560 Due over five to ten years 2,007,824 2,004,890 Due over ten years 32,957,092 33,611,161 Mortgage-backed, due in monthly installments 46,859,454 46,391,754 $ 87,824,140 $ 87,993,145 Available for Sale Amortized Fair December 31, 2013 Cost Value Due within one year $ - $ - Due over one to five years - - Due over five to ten years - - Due over ten years 32,729,025 31,233,063 Mortgage-backed, due in monthly installments 43,540,779 43,080,619 $ 76,269,804 $ 74,313,682

Loans and Allowance (Tables)

Loans and Allowance (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of major categories of loans	2015 2014 2013 Mortgage: Residential $ 116,027,206 $ 120,933,420 $ 123,645,939 Commercial 62,469,425 62,601,469 67,195,806 Construction and land development 5,518,588 7,073,720 6,582,553 Demand and time 4,539,701 3,518,752 4,172,747 Installment 75,302,771 84,103,142 73,230,433 263,857,691 278,230,503 274,827,478 Unearned income on loans (1,070,734 ) (1,126,396 ) (1,171,339 ) 262,786,957 277,104,107 273,656,139 Allowance for credit losses (3,150,251 ) (3,117,870 ) (2,972,019 ) $ 259,636,706 $ 273,986,237 $ 270,684,120
Schedule of total allowance by loan segment	Commercial Consumer and Commercial and Residential 2015 Industrial Real Estate Indirect Real Estate Unallocated Total Balance, beginning of year $ 385,631 $ 335,009 $ 1,281,222 $ 1,169,627 $ (53,619 ) $ 3,117,870 Provision for credit losses (78,901 ) (23,814 ) 296,437 1,299,194 202,084 1,695,000 Recoveries 1,400 13,468 486,776 10,473 - 512,117 Loans charged off (2,807 ) (63,000 ) (1,260,533 ) (848,396 ) - (2,174,736 ) Balance, end of year $ 305,323 $ 261,663 $ 803,902 $ 1,630,898 $ 148,465 $ 3,150,251 Individually evaluated for impairment: Balance in allowance $ 240,500 $ 100,745 $ 65,353 $ 697,088 $ - $ 1,103,686 Related loan balance 240,500 1,143,317 950,722 2,792,239 - 5,126,778 Collectively evaluated for impairment: Balance in allowance $ 64,823 $ 160,918 $ 738,549 $ 933,810 $ 148,465 $ 2,046,565 Related loan balance 4,299,201 63,128,304 74,352,049 116,951,359 - 258,730,913 Commercial Consumer and Commercial and Residential 2014 Industrial Real Estate Indirect Real Estate Unallocated Total Balance, beginning of year $ 412,909 $ 898,362 $ 1,187,604 $ 593,463 $ (120,319 ) $ 2,972,019 Provision for credit losses (4,580 ) (448,027 ) 601,522 805,261 66,700 1,020,876 Recoveries 6,440 128,068 331,108 5,714 - 471,330 Loans charged off (29,138 ) (243,394 ) (839,012 ) (234,811 ) - (1,346,355 ) Balance, end of year $ 385,631 $ 335,009 $ 1,281,222 $ 1,169,627 $ (53,619 ) $ 3,117,870 Individually evaluated for impairment: Balance in allowance $ 252,500 $ 148,791 $ 186,226 $ 682,642 $ - $ 1,270,159 Related loan balance 252,500 2,155,816 1,106,217 2,931,143 - 6,445,676 Collectively evaluated for impairment: Balance in allowance $ 133,131 $ 186,218 $ 1,094,996 $ 486,985 $ (53,619 ) $ 1,847,711 Related loan balance 3,266,252 63,486,816 82,996,925 122,034,834 - 271,784,827 Commercial Consumer and Commercial and Residential 2013 Industrial Real Estate Indirect Real Estate Unallocated Total Balance, beginning of year $ 541,916 $ 1,183,240 $ 1,057,531 $ 392,506 $ 132,727 $ 3,307,920 Provision for credit losses 46,303 (374,067 ) 468,559 372,251 (253,046 ) 260,000 Recoveries 26,804 89,189 313,795 7,714 - 437,502 Loans charged off (202,114 ) - (652,281 ) (179,008 ) - (1,033,403 ) Balance, end of year $ 412,909 $ 898,362 $ 1,187,604 $ 593,463 $ (120,319 ) $ 2,972,019 Individually evaluated for impairment: Balance in allowance $ 278,786 $ 550,794 $ 178,657 $ 155,330 $ - $ 1,163,567 Related loan balance 278,786 3,364,193 636,174 1,629,643 - 5,908,796 Collectively evaluated for impairment: Balance in allowance $ 134,123 $ 347,568 $ 1,008,947 $ 438,133 $ (120,319 ) $ 1,808,452 Related loan balance 3,893,961 65,414,415 72,594,259 127,016,047 - 268,918,682
Schedule of risk ratings of loans by categories of loans	Commercial Consumer and Commercial and Residential 2015 Industrial Real Estate Indirect Real Estate Total Pass $ 3,878,588 $ 58,706,189 $ 72,975,858 $ 116,596,449 $ 252,157,084 Special mention 168,113 4,422,115 1,652,579 539,483 6,782,290 Substandard 493,000 1,143,317 509,211 2,075,950 4,221,478 Doubtful - - 165,123 531,716 696,839 Loss - - - - - $ 4,539,701 $ 64,271,621 $ 75,302,771 $ 119,743,598 $ 263,857,691 Non-accrual - - 596,329 3,183,420 3,779,749 Troubled debt restructures 240,500 - - 49,868 290,368 Number of TDRs accounts 1 - - 1 2 Non-performing TDRs - - - - - Number of TDR accounts - - - - - Commercial Consumer and Commercial and Residential 2014 Industrial Real Estate Indirect Real Estate Total Pass $ 3,177,639 $ 58,837,254 $ 80,501,928 $ 121,244,374 $ 263,761,195 Special mention 88,613 4,649,562 2,555,654 832,546 8,126,375 Substandard 252,500 2,155,816 882,600 2,726,156 6,017,072 Doubtful - - 162,960 - 162,960 Loss - - - 162,901 162,901 $ 3,518,752 $ 65,642,632 $ 84,103,142 $ 124,965,977 $ 278,230,503 Non-accrual - 1,097,112 515,352 1,165,440 2,777,904 Troubled debt restructures 252,500 - - - 252,500 Number of TDRs accounts 1 - - - 1 Non-performing TDRs - - - - - Number of TDR accounts - - - - - Commercial Consumer and Commercial and Residential 2013 Industrial Real Estate Indirect Real Estate Total Pass $ 3,594,809 $ 59,914,422 $ 71,554,400 $ 126,774,441 $ 261,838,072 Special mention 299,152 5,499,993 1,102,091 1,312,103 8,213,339 Substandard 278,786 3,364,193 508,243 559,146 4,710,368 Doubtful - - 65,699 - 65,699 Loss - - - - - $ 4,172,747 $ 68,778,608 $ 73,230,433 $ 128,645,690 $ 274,827,478 Non-accrual 14,286 1,237,647 338,212 1,123,248 2,713,393 Troubled debt restructures - - - - - Number of TDRs contracts - - - - - Non-performing TDRs - - - - - Number of TDR accounts - - - - -
Schedule of current, past due, and nonaccrual loans by categories of loans	90 Days or 30-89 Days More and 2015 Current Past Due Still Accruing Nonaccrual Total Commercial and industrial $ 4,539,701 $ - $ - $ - $ 4,539,701 Commercial real estate 64,270,345 1,276 - - 64,271,621 Consumer and indirect 73,568,010 1,122,155 16,277 596,329 75,302,771 Residential real estate 115,715,127 806,566 38,485 3,183,420 119,743,598 $ 258,093,183 $ 1,929,997 $ 54,762 $ 3,779,749 $ 263,857,691 90 Days or 30-89 Days More and 2014 Current Past Due Still Accruing Nonaccrual Total Commercial and industrial $ 3,518,752 $ - $ - $ - $ 3,518,752 Commercial real estate 64,545,207 313 - 1,097,112 65,642,632 Consumer and indirect 81,315,689 2,272,101 - 515,352 84,103,142 Residential real estate 123,284,983 318,782 196,772 1,165,440 124,965,977 $ 272,664,631 $ 2,591,196 $ 196,772 $ 2,777,904 $ 278,230,503 90 Days or 30-89 Days More and 2013 Current Past Due Still Accruing Nonaccrual Total Commercial and industrial $ 4,158,461 $ - $ - $ 14,286 $ 4,172,747 Commercial real estate 66,191,062 173,000 1,176,899 1,237,647 68,778,608 Consumer and indirect 71,755,109 1,137,112 - 338,212 73,230,433 Residential real estate 126,934,475 157,123 430,844 1,123,248 128,645,690 $ 269,039,107 $ 1,467,235 $ 1,607,743 $ 2,713,393 $ 274,827,478
Schedule of impaired financing receivables	2015 Recorded Investment Unpaid Principal Balance Interest Income Recognized Specific Reserve Average Recorded Investment Impaired loans with specific reserves: Real-estate - mortgage: Residential $ 1,809,429 $ 1,809,429 $ 56,804 $ 697,088 $ 1,820,233 Commercial 300,112 300,112 - 100,745 314,929 Consumer 145,874 145,874 - 65,353 170,499 Installment - - - - - Home Equity - - - - - Commercial 240,500 240,500 10,517 240,500 246,571 Total impaired loans with specific reserves $ 2,495,915 $ 2,495,915 $ 67,321 $ 1,103,686 $ 2,552,232 Impaired loans with no specific reserve: Real-estate - mortgage: Residential $ 982,810 $ 1,115,579 $ 14,664 n/a $ 1,170,747 Commercial 843,205 843,205 37,786 n/a 876,376 Consumer 364,695 449,370 1,696 n/a 452,682 Installment 440,153 440,153 - n/a - Home Equity - - - n/a - Commercial - - - n/a - Total impaired loans with no specific reserve $ 2,630,863 $ 2,848,307 $ 54,146 - $ 2,499,805 2014 Recorded Unpaid Interest Specific Average Impaired loans with specific reserves: Real-estate - mortgage: Residential $ 2,726,247 $ 2,726,247 $ 177,707 $ 682,642 $ 2,747,299 Commercial 1,094,708 1,094,708 783 148,791 1,162,367 Consumer 611,728 611,728 30,903 186,226 622,854 Installment - - - - - Home Equity - - - - - Commercial 252,500 252,500 11,027 252,500 258,577 Total impaired loans with specific reserves $ 4,685,183 $ 4,685,183 $ 220,420 $ 1,270,159 $ 4,791,097 Impaired loans with no specific reserve: Real-estate - mortgage: Residential $ 204,896 $ 266,091 $ 2,641 n/a $ 340,435 Commercial 1,061,108 1,061,108 48,548 n/a 1,089,641 Consumer 60,656 60,656 - n/a - Installment 433,833 433,833 - n/a - Home Equity - - - n/a - Commercial - - - n/a - Total impaired loans with no specific reserve $ 1,760,493 $ 1,821,688 $ 51,189 - $ 1,430,076 2013 Recorded Unpaid Interest Specific Average Impaired loans with specific reserves: Real-estate - mortgage: Residential $ 559,146 $ 559,146 $ 15,768 $ 155,330 $ 563,961 Commercial 2,187,294 2,187,294 55,535 550,794 2,271,949 Consumer 393,740 393,740 20,767 178,657 394,356 Installment - - - - - Home Equity - - - - - Commercial 278,786 278,786 11,541 278,786 286,433 Total impaired loans with specific reserves $ 3,418,966 $ 3,418,966 $ 103,611 $ 1,163,567 $ 3,516,699 Impaired loans with no specific reserve: Real-estate - mortgage: Residential $ 1,070,497 $ 1,070,497 $ 39,257 n/a $ 1,071,479 Commercial 1,176,899 1,176,899 46,583 n/a 1,231,505 Consumer 10,602 10,602 - n/a - Installment 180,204 180,204 - n/a - Home Equity 51,628 51,628 - n/a 50,999 Commercial - - - n/a - Total impaired loans with no specific reserve $ 2,489,830 $ 2,489,830 $ 85,840 - $ 2,353,983

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of summary of premises and equipment	Useful lives 2015 2014 2013 Land $ 684,977 $ 684,977 $ 684,977 Buildings 5-50 years 6,283,741 6,221,980 6,142,509 Equipment and fixtures 5-30 years 5,365,211 5,400,514 5,187,984 Construction in progress 500 53,197 61,155 12,334,429 12,360,668 12,076,625 Accumulated depreciation (8,965,564 ) (8,689,373 ) (8,379,853 ) $ 3,368,865 $ 3,671,295 $ 3,696,772

Long-term Borrowings (Tables)

Long-term Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of long-term borrowings	2015 2014 2013 Federal Home Loan Bank of Atlanta, convertible advances $ 20,000,000 $ 20,000,000 $ 20,000,000
Schedule of maturities of long-term borrowings	2015 2017 $ 10,000,000 2018 10,000,000 $ 20,000,000

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Schedule of major classifications of interest-bearing deposits	2015 2014 2013 NOW and SuperNOW $ 27,502,016 $ 26,990,274 $ 27,991,553 Money Market 19,079,536 20,465,436 19,219,579 Savings 78,107,913 74,973,038 71,278,801 Certificates of Deposit, $100,000 or more 34,239,331 36,118,031 28,916,597 Other time deposits 82,677,870 91,767,589 89,649,301 $ 241,606,666 $ 250,314,368 $ 237,055,831
Schedule of interest expense on deposit	2015 2014 2013 NOW and SuperNOW $ 9,711 $ 11,608 $ 11,300 Money Market 12,763 9,965 10,618 Savings 39,936 37,537 55,591 Certificates of Deposit, $100,000 or more 522,637 523,472 373,880 Other time deposits 1,165,027 1,310,732 1,562,938 $ 1,750,074 $ 1,893,314 $ 2,014,327
Schedule of scheduled maturities of time deposits	2015 2016 $ 44,839,000 2017 11,863,000 2018 17,966,000 2019 25,562,000 2020 15,303,000 2021 and thereafter 1,384,000 $ 116,917,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of components of income tax expense	2015 2014 2013 Current: Federal $ (322,723 ) $ 408,056 $ 400,931 State (60,104 ) 187,266 197,671 Total current (382,827 ) 595,322 598,602 Deferred income (benefits) taxes: Federal 352,543 (253,848 ) (9,542 ) State 275,205 (32,822 ) 44,795 Total deferred (benefits) taxes 627,748 (286,670 ) 35,252 Income tax expense $ 244,921 $ 308,652 $ 633,855
Schedule of reconciliation of income tax expense	2015 2014 2013 Income before income tax expense (benefit) $ 1,597,537 $ 2,223,178 $ 3,248,032 Taxes computed at Federal income tax rate $ 543,163 $ 755,881 $ 1,104,331 Increase (decrease) resulting from: Tax-exempt income (441,890 ) (531,764 ) (630,710 ) State income taxes, net of Federal income tax benefit 141,966 101,933 160,027 Other 1,682 (17,398 ) 207 Income tax expense $ 244,921 $ 308,652 $ 633,855
Schedule of components of the net deferred income tax benefits	2015 2014 2013 Deferred income tax benefits: Accrued deferred compensation $ 153,256 $ 142,308 $ 129,101 Impairment loss on investment securities - 1,305,584 1,218,497 Allowance for credit losses 362,732 364,697 458,303 Nonaccrual interest 445,173 445,173 339,765 Alternative minimum tax credits 929,264 615,186 485,444 Net operating loss carryforward credits 373,986 - - Accumulated depreciation 61,019 72,354 60,627 Other real estate owned 14,940 14,940 14,940 Reserve for unfunded commitments 4,641 78,890 78,890 Other temporary differences 2,116 2,116 1,332 Accumulated securities premium accretion 138,207 71,834 39,514 Net unrealized depreciation on investment securities available for sale 199,277 - 778,048 Total deferred income tax benefits 2,684,611 3,113,082 3,604,461 Deferred income tax liabilities: Accumulated securities discount accretion - - - Net unrealized appreciation on investment securities available for sale - 67,847 - Total deferred income tax liabilities - 67,847 - Net deferred income tax benefits $ 2,684,611 $ 3,045,235 $ 3,604,461

Other Operating Expenses (Table

Other Operating Expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Other Operating Expenses [Abstract]
Schedule of other operating expenses	2015 2014 2013 Professional services $ 712,851 $ 677,308 $ 635,502 Stationery, printing and supplies 172,709 185,963 201,883 Postage and delivery 138,691 164,814 139,096 FDIC assessment 305,972 279,584 234,203 Directors fees and expenses 223,542 239,769 226,881 Marketing 142,224 239,437 207,527 Data processing 76,895 25,404 34,909 Correspondent bank services 51,308 45,362 55,444 Telephone 229,257 223,071 255,955 Liability insurance 74,508 73,925 71,722 Losses (gains) and expenses on OREO 29,536 62,493 73,698 Other ATM expense 121,487 125,845 117,617 Other 449,322 705,316 462,682 $ 2,728,302 $ 3,048,291 $ 2,717,119

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of outstanding loan commitments, unused lines of credit and letters of credit	2015 2014 2013 Loan commitments: Construction and land development $ - $ - $ 1,561,000 Other mortgage loans 970,000 1,666,000 2,817,000 $ 970,000 $ 1,666,000 $ 4,378,000 Unused lines of credit: Home-equity lines $ 2,558,091 $ 3,825,462 $ 11,067,236 Commercial lines 17,195,796 15,156,201 7,726,424 Secured consumer line 27,500 50,000 24,043 Unsecured consumer lines 634,122 674,429 673,123 $ 20,415,509 $ 19,706,092 $ 19,490,826 Letters of credit: $ 47,580 $ 57,580 $ 32,000

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Schedule of comparison of capital with minimum requirements	Minimum Capital Minimum Capital To Be Well Capitalized Required - Basel III Required - Basel III Fully Under Prompt Corrective Actual Phased-In Schedule Phased-In Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015 Total Capital (to Risk Weighted Assets) Company $ 37,506,000 15.5 % $ 19,382,946 8.0 % $ 25,440,116 10.5 % N/A Bank 37,213,000 15.4 % 19,369,161 8.0 % 25,422,023 10.5 % $ 24,211,451 10.0 % Tier I Capital (to Risk Weighted Assets) Company $ 34,477,000 14.2 % $ 14,537,034 6.0 % $ 20,594,132 8.5 % N/A Bank 34,185,000 14.1 % 14,526,204 6.0 % 20,578,789 8.5 % 19,368,272 8.0 % Tier I Capital (to Average Assets) Company $ 34,477,000 8.8 % $ 15,724,971 4.0 % $ 15,724,971 4.0 % N/A Bank 34,185,000 8.7 % 15,717,241 4.0 % 15,717,241 4.0 % 19,646,552 5.0 % Common Equity Tier I Capital (to Risk Weighted Assets) Company $ 34,477,000 14.2 % $ 10,902,776 4.5 % $ 16,959,874 7.0 % N/A Bank 34,185,000 14.1 % 10,894,653 4.5 % 16,947,238 7.0 % 15,736,721 6.5 % To Be Well Capitalized For Capital Under Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2014 Total Capital (to Risk Weighted Assets) Company $ 36,959,000 14.3 % $ 20,645,810 8.0 % N/A Bank 36,655,000 14.3 % 20,477,654 8.0 % $ 25,597,067 10.0 % Tier I Capital (to Risk Weighted Assets) Company $ 33,728,000 13.1 % $ 10,322,265 4.0 % N/A Bank 33,454,000 13.1 % 10,238,409 4.0 % 15,357,613 6.0 % Tier I Capital (to Average Assets) Company $ 33,728,000 8.5 % $ 15,834,742 4.0 % N/A Bank 33,454,000 8.4 % 16,006,699 4.0 % 20,008,373 5.0 % As of December 31, 2013 Total Capital (to Risk Weighted Assets) Company $ 35,933,000 14.1 % $ 20,329,844 8.0 % N/A Bank 35,624,000 14.1 % 20,183,569 8.0 % $ 25,229,462 10.0 % Tier I Capital (to Risk Weighted Assets) Company $ 32,761,000 12.9 % $ 10,166,330 4.0 % N/A Bank 32,470,000 12.9 % 10,091,686 4.0 % $ 15,137,529 6.0 % Tier I Capital (to Average Assets) Company $ 32,761,000 8.7 % $ 15,079,862 4.0 % N/A Bank 32,470,000 8.6 % 15,119,907 4.0 % $ 18,899,884 5.0 %

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of earnings per common share	2015 2014 2013 Basic: Net income $ 1,352,616 $ 1,914,526 $ 2,614,177 Weighted average common shares outstanding 2,768,966 2,755,671 2,742,003 Basic net income per share $ 0.49 $ 0.69 $ 0.95

Fair Values of Financial Inst41

Fair Values of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Values Of Financial Instruments [Abstract]
Schedule of estimated fair value and carrying values of financial instruments	2015 2014 2013 Carrying Fair Carrying Fair Carrying Fair Amount Value Amount Value Amount Value Financial assets: Cash and due from banks $ 7,493,524 $ 7,493,524 $ 7,101,352 $ 7,101,352 $ 9,214,503 $ 9,214,503 Interest-bearing deposits in other financial institutions 2,308,117 2,308,117 2,154,817 2,154,817 1,636,194 1,636,194 Federal funds sold 2,569,767 2,569,767 4,024,065 4,024,065 102,772 102,772 Investment securities available for sale 98,790,010 98,790,010 87,993,145 87,993,145 74,313,682 74,313,682 Federal Home Loan Bank Stock 1,203,100 1,203,100 1,327,800 1,327,800 1,452,900 1,452,900 Maryland Financial Bank Stock 30,000 30,000 30,000 30,000 30,000 30,000 Ground rents 163,638 163,638 169,200 169,200 169,200 169,200 Loans, less allowance for credit losses 259,636,706 252,239,000 273,986,237 268,536,000 270,684,120 270,684,120 Accrued interest receivable 1,121,405 1,121,405 1,274,137 1,274,137 1,509,238 1,509,238 Cash value of life insurance 9,357,712 9,357,712 9,138,658 9,138,658 8,914,817 8,914,817 Financial liabilities: Deposits 335,191,530 307,924,000 338,877,292 310,239,000 323,803,356 291,046,000 Long-term borrowings 20,000,000 20,688,000 20,000,000 20,951,000 20,000,000 21,032,000 Dividends payable - - 276,096 276,096 274,737 274,737 Accrued interest payable 39,855 39,855 39,823 39,823 28,523 28,523 Unrecognized financial instruments: Commitments to extend credit 21,385,509 21,385,509 21,372,092 21,372,092 23,868,826 23,868,826 Standby letters of credit 47,580 47,580 57,580 57,580 32,000 32,000
Schedule of fair value hierarchy of financial instruments	Carrying Fair December 31, 2015 Amount Value Level 1 Level 2 Level 3 Financial instruments - Assets Cash and cash equivalents $ 12,371,408 $ 12,371,408 $ - $ 12,371,408 $ - Loans receivable, net 259,636,706 252,239,000 - - 252,239,000 Cash value of life insurance 9,357,712 9,357,712 - 9,357,712 - Financial instruments - Liabilities Deposits 335,191,530 307,924,000 192,746,000 115,178,000 - Long-term debt 20,000,000 20,688,000 - 20,688,000 -

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of fair value measurements on a recurring and non-recurring basis	Fair Level 1 Level 2 Level 3 Value December 31, 2015 Recurring: Securities available for sale U.S. Treasury $ - $ 2,991,485 $ - $ 2,991,485 State and Municipal - 29,996,099 - 29,996,099 Mortgaged-backed - 65,802,426 - 65,802,426 Non-recurring: Maryland Financial Bank stock - - 30,000 30,000 Impaired loans - - 4,023,092 4,023,092 OREO 74,400 - 74,400 $ - $ 98,864,410 $ 4,053,092 $ 102,917,502

Parent Company Financial Info43

Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation Of Financial Statements [Abstract]
Schedule of balance sheets	Balance Sheets December 31, 2015 2014 2013 Assets Cash $ 184,366 $ 283,796 $ 296,245 Investment in The Bank of Glen Burnie 33,882,666 33,557,329 31,292,459 Investment in GBB Properties, Inc. 104,570 254,870 255,170 Due from subsidiaries 6,211 2,095 2,067 Other assets 8,000 8,533 11,957 Total assets $ 34,185,813 $ 34,106,623 $ 31,857,898 Liabilities and Stockholders’ Equity Other liabilities $ 10,000 $ - $ - Dividends payable - 276,096 274,737 Total liabilities 10,000 276,096 274,737 Stockholders’ equity: Common stock 2,773,361 2,760,964 2,747,370 Surplus 9,986,064 9,854,119 9,713,335 Retained earnings 21,718,122 21,112,714 20,300,531 Accumulated other comprehensive income (loss), net of benefits (301,734 ) 102,730 (1,178,075 ) Total stockholders’ equity 34,175,813 33,830,527 31,583,161 Total liabilities and stockholders’ equity $ 34,185,813 $ 34,106,623 $ 31,857,898
Schedule of income statement	Statements of Income Years Ended December 31, 2015 2014 2013 Dividends and distributions from subsidiaries $ 678,000 $ 980,000 $ 980,000 Other expenses (86,843 ) (77,375 ) (76,005 ) Income before income tax benefit and equity in undistributed net income of subsidiaries 591,157 902,625 903,995 Income tax benefit 31,958 28,136 27,970 Change in undistributed equity of subsidiaries 729,501 983,765 1,682,212 Net income $ 1,352,616 $ 1,914,526 $ 2,614,177
Schedule of statement cash flows	Statements of Cash Flows Years Ended December 31, 2015 2014 2013 Cash flows from operating activities: Net income $ 1,352,616 $ 1,914,526 $ 2,614,177 Adjustments to reconcile net income to net cash provided by operating activities: Decrease (increase) in other assets 533 3,424 (7,665 ) Increase in other liabilities 10,000 - - (Increase) in due from subsidiaries (4,116 ) (28 ) (705 ) Distribution from Investment in GBB 150,000 - - Change in undistributed equity of subsidiaries (729,501 ) (983,765 ) (1,682,212 ) Net cash provided by operating activities 779,532 934,157 923,595 Cash flows from financing activities: Proceeds from dividend reinvestment plan 144,342 154,378 118,821 Dividends paid (1,023,304 ) (1,100,984 ) (822,073 ) Net cash used in financing activities (878,962 ) (946,606 ) (703,252 ) (Decrease) increase in cash (99,430 ) (12,449 ) 220,343 Cash, beginning of year 283,796 296,245 75,902 Cash, end of year $ 184,366 $ 283,796 $ 296,245

Quarterly Results of Operatio44

Quarterly Results of Operations (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of summary of consolidated unaudited quarterly results of operations	2015 (Dollars in thousands, Three months ended, except per share amounts) December 31 September 30 June 30 March 31 Interest income $ 3,356 $ 3,396 $ 3,374 $ 3,480 Interest expense 576 588 607 620 Net interest income 2,780 2,808 2,767 2,860 Provision for credit losses 410 985 150 150 Net securities gains 369 200 270 199 Income before income taxes 552 (169 ) 786 429 Net income 447 8 518 380 Net income per share (basic and diluted) $ 0.16 $ - $ 0.19 $ 0.14 2014 (Dollars in thousands, Three months ended, except per share amounts) December 31 September 30 June 30 March 31 Interest income $ 3,627 $ 3,658 $ 3,560 $ 3,675 Interest expense 652 666 628 588 Net interest income 2,975 2,992 2,932 3,087 Provision for credit losses 746 125 112 38 Net securities gains 575 361 141 79 Income before income taxes 521 637 498 567 Net income 480 526 435 473 Net income per share (basic and diluted) $ 0.17 $ 0.19 $ 0.16 $ 0.17 2013 (Dollars in thousands, Three months ended, except per share amounts) December 31 September 30 June 30 March 31 Interest income $ 4,004 $ 3,940 $ 3,708 $ 3,630 Interest expense 571 675 699 717 Net interest income 3,433 3,265 3,009 2,913 Provision for credit losses 260 - - - Net securities gains 71 150 122 2 Income before income taxes 814 1,039 788 607 Net income 650 795 640 529 Net income per share (basic and diluted) $ 0.23 $ 0.29 $ 0.24 $ 0.19

Summary of Significant Accoun45

Summary of Significant Accounting Policies (Detail Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
FHLB stock sold back at par value	$ 100
Loans converted to OREO through foreclosure proceedings	$ 74,400	$ 45,175	$ 983,000
Computer software | Minimum
Accounting Policies [Line Items]
Intangible assets amortization period	3 years
Computer software | Maximum
Accounting Policies [Line Items]
Intangible assets amortization period	5 years

Restrictions on Cash and Due 46

Restrictions on Cash and Due From Banks (Detail Textuals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash and Cash Equivalents [Abstract]
Deposit liabilities reserves average	$ 4,469,000	$ 4,985,000	$ 5,387,000

Investment Securities (Details)

Investment Securities (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 99,291,021	$ 87,824,140	$ 76,269,804
Gross Unrealized Gains	418,872	1,211,233	1,623,479
Gross Unrealized Losses	919,883	1,042,228	3,579,601
Fair Value	98,790,010	87,993,145	$ 74,313,682
U.S. Treasury
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,995,525	7,946,530
Gross Unrealized Gains	122	5,843
Gross Unrealized Losses	4,162	23,883
Fair Value	$ 2,991,485	7,928,490
U.S. Government agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		28,360	$ 28,360
Gross Unrealized Gains		$ 295,584	$ 575,000
Gross Unrealized Losses
Fair Value		$ 323,944	$ 603,360
State and municipal
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 29,635,572	32,771,006	32,395,630
Gross Unrealized Gains	397,568	813,974	360,384
Gross Unrealized Losses	37,041	75,534	1,746,943
Fair Value	$ 29,996,099	33,509,446	31,009,071
Corporate trust preferred
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		$ 247,150	$ 333,395
Gross Unrealized Gains
Gross Unrealized Losses		$ 83,695	$ 109,403
Fair Value		163,455	223,992
Mortgage-backed
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 66,659,924	46,831,094	43,512,419
Gross Unrealized Gains	21,182	95,832	688,095
Gross Unrealized Losses	878,680	859,116	1,723,255
Fair Value	$ 65,802,426	$ 46,067,810	$ 42,477,259

Investment Securities - Gross U

Investment Securities - Gross Unrealized Losses and Fair Value Aggregated by Investment Category and Length of Time in Continuous Unrealized Loss Position (Details)	Dec. 31, 2015USD ($)
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Fair Value	$ 45,869,697
Less than 12 months Unrealized Loss	405,535
12 months or more Fair Value	17,772,050
12 months or more Unrealized Loss	514,348
Total Fair Value	63,641,747
Total unrealized loss	919,883
U.S. Treasury
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Fair Value	2,492,190
Less than 12 months Unrealized Loss	$ 4,162
12 months or more Fair Value
12 months or more Unrealized Loss
Total Fair Value	$ 2,492,190
Total unrealized loss	4,162
State and Municipal
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Fair Value	3,616,349
Less than 12 months Unrealized Loss	25,197
12 months or more Fair Value	810,953
12 months or more Unrealized Loss	11,844
Total Fair Value	4,427,302
Total unrealized loss	37,041
Mortgaged-backed
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Fair Value	39,761,158
Less than 12 months Unrealized Loss	376,176
12 months or more Fair Value	16,961,097
12 months or more Unrealized Loss	502,504
Total Fair Value	56,722,255
Total unrealized loss	$ 878,680

Investment Securities - Rollfor

Investment Securities - Rollforward of Cumulative Other Than Temporary Credit Losses Recognized in Earnings for Debt Securities (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Estimated credit losses, beginning of year	$ 3,262,496	$ 3,262,496	$ 3,262,496
Sales of securities with previous OTTI recognized	$ (3,262,496)
Credit losses - no previous OTTI recognized
Credit losses - previous OTTI recognized			$ 15,581
Estimated credit losses, end of year		$ 3,262,496	$ 3,262,496

Investment Securities - Contrac

Investment Securities - Contractual Maturities of Investment Securities (Details 2) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Available for Sale Amortized Cost
Due within one year		$ 61,064
Due over one to five years	$ 2,995,525	5,938,706
Due over five to ten years		2,007,824
Due over ten years	29,635,572	32,957,092	$ 32,729,025
Mortgage-backed, due in monthly installments	66,659,924	46,859,454	43,540,779
Amortized Cost	99,291,021	87,824,140	76,269,804
Available for Sale Fair Value
Due within one year		61,780
Due over one to five years	2,991,485	5,923,560
Due over five to ten years		2,004,890
Due over ten years	29,996,099	33,611,161	31,233,063
Mortgage-backed, due in monthly installments	65,802,426	46,391,754	43,080,619
Available-for-sale Securities, Fair Value	$ 98,790,010	$ 87,993,145	$ 74,313,682

Investment Securities (Detail T

Investment Securities (Detail Textuals)	12 Months Ended
	Dec. 31, 2015USD ($)Security	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Investments, Debt and Equity Securities [Abstract]
Write-down of investment			$ 15,581
Proceeds from sales of available for sale securities	$ 27,030,183	$ 30,269,965	25,626,845
Realized gain on sale	1,038,084	1,210,332	664,269
Realized loss on sale	421	54,354	318,938
Income tax expense relating to net gains on sales of investment securities	$ 409,306	$ 455,976	$ 136,216
Securities
Schedule of Available-for-sale Securities [Line Items]
Number of securities continuous unrealized loss position more than twelve months | Security	27

Loans and Allowance - Major Cat

Loans and Allowance - Major Categories of Loans (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	$ (3,150,251)	$ (3,117,870)	$ (2,972,019)
Loans and leases receivable, total	259,636,706	273,986,237	270,684,120
Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	263,857,691	278,230,503	274,827,478
Unearned income on loans	(1,070,734)	(1,126,396)	(1,171,339)
Loans and leases receivable, net of deferred income	262,786,957	277,104,107	273,656,139
Allowance for credit losses	(3,150,251)	(3,117,870)	(2,972,019)
Loans and leases receivable, total	259,636,706	273,986,237	270,684,120
Loans Receivable | Mortgage Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	116,027,206	120,933,420	123,645,939
Loans Receivable | Mortgage Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	62,469,425	62,601,469	67,195,806
Loans Receivable | Mortgage Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	5,518,588	7,073,720	6,582,553
Loans Receivable | Demand and time
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	4,539,701	3,518,752	4,172,747
Loans Receivable | Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 75,302,771	$ 84,103,142	$ 73,230,433

Loans and Allowance - Total All

Loans and Allowance - Total Allowance by Loan Segment (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Provision for credit losses	$ 410	$ 985	$ 150	$ 150	$ 746	$ 125	$ 112	$ 38	$ 260				$ 1,695,000	$ 1,020,876	$ 260,000
Individually evaluated for impairment:
Individually evaluated for impairment, Balance in allowance	1,103,686												1,103,686
Loans Receivable
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year				3,117,870				2,972,019				$ 3,307,920	3,117,870	2,972,019	3,307,920
Provision for credit losses													1,695,000	1,020,876	260,000
Recoveries													512,117	471,330	437,502
Loans charged off													(2,174,736)	(1,346,355)	(1,033,403)
Balance, end of year	3,150,251				3,117,870				2,972,019				3,150,251	3,117,870	2,972,019
Individually evaluated for impairment:
Individually evaluated for impairment, Balance in allowance	1,103,686				1,270,159				1,163,567				1,103,686	1,270,159	1,163,567
Individually evaluated for impairment, Related loan balance	5,126,778				6,445,676				5,908,796				5,126,778	6,445,676	5,908,796
Collectively evaluated for impairment:
Collectively evaluated for impairment, Balance in allowance	2,046,565				1,847,711				1,808,452				2,046,565	1,847,711	1,808,452
Collectively evaluated for impairment, Balance in allowance	258,730,913				271,784,827				268,918,682				258,730,913	271,784,827	268,918,682
Loans Receivable | Commercial and Industrial
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year				385,631				412,909				541,916	385,631	412,909	541,916
Provision for credit losses													(78,901)	(4,580)	46,303
Recoveries													1,400	6,440	26,804
Loans charged off													(2,807)	(29,138)	(202,114)
Balance, end of year	305,323				385,631				412,909				305,323	385,631	412,909
Individually evaluated for impairment:
Individually evaluated for impairment, Balance in allowance	240,500				252,500				278,786				240,500	252,500	278,786
Individually evaluated for impairment, Related loan balance	240,500				252,500				278,786				240,500	252,500	278,786
Collectively evaluated for impairment:
Collectively evaluated for impairment, Balance in allowance	64,823				133,131				134,123				64,823	133,131	134,123
Collectively evaluated for impairment, Balance in allowance	4,299,201				3,266,252				3,893,961				4,299,201	3,266,252	3,893,961
Loans Receivable | Commercial Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year				335,009				898,362				1,183,240	335,009	898,362	1,183,240
Provision for credit losses													(23,814)	(448,027)	(374,067)
Recoveries													13,468	128,068	$ 89,189
Loans charged off													(63,000)	(243,394)
Balance, end of year	261,663				335,009				898,362				261,663	335,009	$ 898,362
Individually evaluated for impairment:
Individually evaluated for impairment, Balance in allowance	100,745				148,791				550,794				100,745	148,791	550,794
Individually evaluated for impairment, Related loan balance	1,143,317				2,155,816				3,364,193				1,143,317	2,155,816	3,364,193
Collectively evaluated for impairment:
Collectively evaluated for impairment, Balance in allowance	160,918				186,218				347,568				160,918	186,218	347,568
Collectively evaluated for impairment, Balance in allowance	63,128,304				63,486,816				65,414,415				63,128,304	63,486,816	65,414,415
Loans Receivable | Consumer and Indirect
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year				1,281,222				1,187,604				1,057,531	1,281,222	1,187,604	1,057,531
Provision for credit losses													296,437	601,522	468,559
Recoveries													486,776	331,108	313,795
Loans charged off													(1,260,533)	(839,012)	(652,281)
Balance, end of year	803,902				1,281,222				1,187,604				803,902	1,281,222	1,187,604
Individually evaluated for impairment:
Individually evaluated for impairment, Balance in allowance	65,353				186,226				178,657				65,353	186,226	178,657
Individually evaluated for impairment, Related loan balance	950,722				1,106,217				636,174				950,722	1,106,217	636,174
Collectively evaluated for impairment:
Collectively evaluated for impairment, Balance in allowance	738,549				1,094,996				1,008,947				738,549	1,094,996	1,008,947
Collectively evaluated for impairment, Balance in allowance	74,352,049				82,996,925				72,594,259				74,352,049	82,996,925	72,594,259
Loans Receivable | Residential Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year				1,169,627				593,463				392,506	1,169,627	593,463	392,506
Provision for credit losses													1,299,194	805,261	372,251
Recoveries													10,473	5,714	7,714
Loans charged off													(848,396)	(234,811)	(179,008)
Balance, end of year	1,630,898				1,169,627				593,463				1,630,898	1,169,627	593,463
Individually evaluated for impairment:
Individually evaluated for impairment, Balance in allowance	697,088				682,642				155,330				697,088	682,642	155,330
Individually evaluated for impairment, Related loan balance	2,792,239				2,931,143				1,629,643				2,792,239	2,931,143	1,629,643
Collectively evaluated for impairment:
Collectively evaluated for impairment, Balance in allowance	933,810				486,985				438,133				933,810	486,985	438,133
Collectively evaluated for impairment, Balance in allowance	116,951,359				122,034,834				127,016,047				116,951,359	122,034,834	127,016,047
Loans Receivable | Unallocated
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance, beginning of year				$ (53,619)				$ (120,319)				$ 132,727	(53,619)	(120,319)	132,727
Provision for credit losses													$ 202,084	$ 66,700	$ (253,046)
Recoveries
Loans charged off
Balance, end of year	$ 148,465				$ (53,619)				$ (120,319)				$ 148,465	$ (53,619)	$ (120,319)
Individually evaluated for impairment:
Individually evaluated for impairment, Balance in allowance
Individually evaluated for impairment, Related loan balance
Collectively evaluated for impairment:
Collectively evaluated for impairment, Balance in allowance	$ 148,465				$ (53,619)				$ (120,319)				$ 148,465	$ (53,619)	$ (120,319)
Collectively evaluated for impairment, Balance in allowance

Loans and Allowance - Risk Rati

Loans and Allowance - Risk Ratings of Loans by Categories of Loans (Details) - Loans Receivable	12 Months Ended
	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014USD ($)Contract	Dec. 31, 2013USD ($)Contract	Dec. 31, 2012USD ($)
Financing Receivable, Recorded Investment [Line Items]
Total	$ 263,857,691	$ 278,230,503	$ 274,827,478
Non-accrual	3,779,749	2,777,904	$ 2,713,393
Troubled debt restructures	$ 290,368	$ 252,500
Number of TDRs accounts | Contract	2	1
Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 252,157,084	$ 263,761,195	$ 261,838,072
Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	6,782,290	8,126,375	8,213,339
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	4,221,478	6,017,072	4,710,368
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total	$ 696,839	162,960	$ 65,699
Loss
Financing Receivable, Recorded Investment [Line Items]
Total		$ 162,901
Non-performing TDRs
Financing Receivable, Recorded Investment [Line Items]
Troubled debt restructures
Number of TDRs accounts | Contract
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Total	$ 4,539,701	$ 3,518,752	$ 4,172,747
Non-accrual			$ 14,286
Troubled debt restructures	$ 240,500	$ 252,500
Number of TDRs accounts | Contract	1	1
Commercial and Industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 3,878,588	$ 3,177,639	$ 3,594,809
Commercial and Industrial | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	168,113	88,613	299,152
Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	$ 493,000	$ 252,500	$ 278,786
Commercial and Industrial | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial and Industrial | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial and Industrial | Non-performing TDRs
Financing Receivable, Recorded Investment [Line Items]
Troubled debt restructures
Number of TDRs accounts | Contract
Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total	$ 64,271,621	$ 65,642,632	$ 68,778,608
Non-accrual		$ 1,097,112	$ 1,237,647
Troubled debt restructures
Number of TDRs accounts | Contract
Commercial Real Estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 58,706,189	$ 58,837,254	$ 59,914,422
Commercial Real Estate | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	4,422,115	4,649,562	5,499,993
Commercial Real Estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,143,317	$ 2,155,816	$ 3,364,193
Commercial Real Estate | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial Real Estate | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial Real Estate | Non-performing TDRs
Financing Receivable, Recorded Investment [Line Items]
Troubled debt restructures				$ 1,369,768
Number of TDRs accounts | Contract
Consumer and Indirect
Financing Receivable, Recorded Investment [Line Items]
Total	$ 75,302,771	$ 84,103,142	$ 73,230,433
Non-accrual	$ 596,329	$ 515,352	$ 338,212
Troubled debt restructures
Number of TDRs accounts | Contract
Consumer and Indirect | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 72,975,858	$ 80,501,928	$ 71,554,400
Consumer and Indirect | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	1,652,579	2,555,654	1,102,091
Consumer and Indirect | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	509,211	882,600	508,243
Consumer and Indirect | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total	$ 165,123	$ 162,960	$ 65,699
Consumer and Indirect | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Consumer and Indirect | Non-performing TDRs
Financing Receivable, Recorded Investment [Line Items]
Troubled debt restructures
Number of TDRs accounts | Contract
Residential Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total	$ 119,743,598	$ 124,965,977	$ 128,645,690
Non-accrual	3,183,420	$ 1,165,440	$ 1,123,248
Troubled debt restructures	$ 49,868
Number of TDRs accounts | Contract	1
Residential Real Estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 116,596,449	$ 121,244,374	$ 126,774,441
Residential Real Estate | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	539,483	832,546	1,312,103
Residential Real Estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	2,075,950	$ 2,726,156	$ 559,146
Residential Real Estate | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total	$ 531,716
Residential Real Estate | Loss
Financing Receivable, Recorded Investment [Line Items]
Total		$ 162,901
Residential Real Estate | Non-performing TDRs
Financing Receivable, Recorded Investment [Line Items]
Troubled debt restructures				$ 832,500
Number of TDRs accounts | Contract

Loans and Allowance - Past Due

Loans and Allowance - Past Due Financing Receivables (Details) - Loans Receivable - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 258,093,183	$ 272,664,631	$ 269,039,107
Non-accrual	3,779,749	2,777,904	2,713,393
Total	263,857,691	278,230,503	274,827,478
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,929,997	2,591,196	1,467,235
90 Days or More and Still Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	54,762	196,772	1,607,743
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 4,539,701	$ 3,518,752	4,158,461
Non-accrual			14,286
Total	$ 4,539,701	$ 3,518,752	$ 4,172,747
Commercial and industrial | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Commercial and industrial | 90 Days or More and Still Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 64,270,345	$ 64,545,207	$ 66,191,062
Non-accrual		1,097,112	1,237,647
Total	$ 64,271,621	65,642,632	68,778,608
Commercial real estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 1,276	$ 313	173,000
Commercial real estate | 90 Days or More and Still Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due			1,176,899
Consumer and indirect
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 73,568,010	$ 81,315,689	71,755,109
Non-accrual	596,329	515,352	338,212
Total	75,302,771	84,103,142	73,230,433
Consumer and indirect | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,122,155	$ 2,272,101	$ 1,137,112
Consumer and indirect | 90 Days or More and Still Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	16,277
Residential real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	115,715,127	$ 123,284,983	$ 126,934,475
Non-accrual	3,183,420	1,165,440	1,123,248
Total	119,743,598	124,965,977	128,645,690
Residential real estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	806,566	318,782	157,123
Residential real estate | 90 Days or More and Still Accruing
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 38,485	$ 196,772	$ 430,844

Loans and Allowance - Impaired

Loans and Allowance - Impaired Financing Receivables (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]
Specific Reserve with specific reserves	$ 1,103,686
Loans Receivable
Financing Receivable, Impaired [Line Items]
Recorded Investment with specific reserves	2,495,915	$ 4,685,183	$ 3,418,966
Unpaid Principal Balance with specific reserves	2,495,915	4,685,183	3,418,966
Interest Income Recognized with specific reserves	67,321	220,420	103,611
Specific Reserve with specific reserves	1,103,686	1,270,159	1,163,567
Average Recorded Investment with specific reserves	2,552,232	4,791,097	3,516,699
Recorded Investment with no specific reserve	2,630,863	1,760,493	2,489,830
Unpaid Principal Balance with no specific reserve	2,848,307	1,821,688	2,489,830
Interest Income Recognized with no specific reserve	54,146	51,189	85,840
Average Recorded Investment with no specific reserve	2,499,805	1,430,076	2,353,983
Loans Receivable | Real-estate - mortgage Residential
Financing Receivable, Impaired [Line Items]
Recorded Investment with specific reserves	1,809,429	2,726,247	559,146
Unpaid Principal Balance with specific reserves	1,809,429	2,726,247	559,146
Interest Income Recognized with specific reserves	56,804	177,707	15,768
Specific Reserve with specific reserves	697,088	682,642	155,330
Average Recorded Investment with specific reserves	1,820,233	2,747,299	563,961
Recorded Investment with no specific reserve	982,810	204,896	1,070,497
Unpaid Principal Balance with no specific reserve	1,115,579	266,091	1,070,497
Interest Income Recognized with no specific reserve	14,664	2,641	39,257
Average Recorded Investment with no specific reserve	1,170,747	340,435	1,071,479
Loans Receivable | Real-estate - mortgage Commercial
Financing Receivable, Impaired [Line Items]
Recorded Investment with specific reserves	300,112	1,094,708	2,187,294
Unpaid Principal Balance with specific reserves	$ 300,112	1,094,708	2,187,294
Interest Income Recognized with specific reserves		783	55,535
Specific Reserve with specific reserves	$ 100,745	148,791	550,794
Average Recorded Investment with specific reserves	314,929	1,162,367	2,271,949
Recorded Investment with no specific reserve	843,205	1,061,108	1,176,899
Unpaid Principal Balance with no specific reserve	843,205	1,061,108	1,176,899
Interest Income Recognized with no specific reserve	37,786	48,548	46,583
Average Recorded Investment with no specific reserve	876,376	1,089,641	1,231,505
Loans Receivable | Consumer
Financing Receivable, Impaired [Line Items]
Recorded Investment with specific reserves	145,874	611,728	393,740
Unpaid Principal Balance with specific reserves	$ 145,874	611,728	393,740
Interest Income Recognized with specific reserves		30,903	20,767
Specific Reserve with specific reserves	$ 65,353	186,226	178,657
Average Recorded Investment with specific reserves	170,499	622,854	394,356
Recorded Investment with no specific reserve	364,695	60,656	10,602
Unpaid Principal Balance with no specific reserve	449,370	$ 60,656	$ 10,602
Interest Income Recognized with no specific reserve	1,696
Average Recorded Investment with no specific reserve	$ 452,682
Loans Receivable | Installment
Financing Receivable, Impaired [Line Items]
Recorded Investment with specific reserves
Unpaid Principal Balance with specific reserves
Interest Income Recognized with specific reserves
Specific Reserve with specific reserves
Average Recorded Investment with specific reserves
Recorded Investment with no specific reserve	$ 440,153	$ 433,833	$ 180,204
Unpaid Principal Balance with no specific reserve	$ 440,153	$ 433,833	$ 180,204
Interest Income Recognized with no specific reserve
Average Recorded Investment with no specific reserve
Loans Receivable | Home Equity
Financing Receivable, Impaired [Line Items]
Recorded Investment with specific reserves
Unpaid Principal Balance with specific reserves
Interest Income Recognized with specific reserves
Specific Reserve with specific reserves
Average Recorded Investment with specific reserves
Recorded Investment with no specific reserve			$ 51,628
Unpaid Principal Balance with no specific reserve			$ 51,628
Interest Income Recognized with no specific reserve
Average Recorded Investment with no specific reserve			$ 50,999
Loans Receivable | Commercial
Financing Receivable, Impaired [Line Items]
Recorded Investment with specific reserves	$ 240,500	$ 252,500	278,786
Unpaid Principal Balance with specific reserves	240,500	252,500	278,786
Interest Income Recognized with specific reserves	10,517	11,027	11,541
Specific Reserve with specific reserves	240,500	252,500	278,786
Average Recorded Investment with specific reserves	$ 246,571	$ 258,577	$ 286,433
Recorded Investment with no specific reserve
Unpaid Principal Balance with no specific reserve
Interest Income Recognized with no specific reserve
Average Recorded Investment with no specific reserve

Loans And Allowance (Detail Tex

Loans And Allowance (Detail Textuals) - Loans Receivable	12 Months Ended
	Dec. 31, 2015USD ($)ContractBorrowerLoan	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 263,857,691	$ 278,230,503	$ 274,827,478
Allowance for loan losses	3,150,251	3,117,870	$ 2,972,019	$ 3,307,920
Amount of recorded investment in new troubled debt restructurings, totaled	290,368	252,500
Amount of loans on which the accrual of interest has been discontinued, totaled	3,779,749	2,777,904	$ 2,713,393
Amount of interest that would have been accrued from non performing financial receivable, totaled	239,038	255,682	180,770
Amount of loans past due 90 days or more and still accruing interest, totaled	$ 54,762	$ 196,772	$ 1,607,743
Non-performing TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of recorded investment in new troubled debt restructurings, totaled
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 4,539,701	$ 3,518,752	$ 4,172,747
Allowance for loan losses	305,323	385,631	$ 412,909	541,916
Amount of recorded investment in new troubled debt restructurings, totaled	$ 240,500	$ 252,500
Commercial and Industrial | Non-performing TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of recorded investment in new troubled debt restructurings, totaled
Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 119,743,598	$ 124,965,977	$ 128,645,690
Allowance for loan losses	1,630,898	$ 1,169,627	$ 593,463	392,506
Amount of recorded investment in new troubled debt restructurings, totaled	49,868
Amount of residential real estate loan and receivable, outstanding	1,714,716
Amount of residential real estate loan and receivable, specific reserves	$ 668,721
Number of loan residential real estate | Contract	11
Number of residential real estate loans borrowers | Borrower	5
Residential Real Estate | Borrowers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of residential real estate loan and receivable, outstanding	$ 1,664,848
Amount of residential real estate loan and receivable, specific reserves	$ 656,947
Number of loan residential real estate | Contract	10
Number of residential real estate loans borrowers | Borrower	4
Residential Real Estate | Non-performing TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of recorded investment in new troubled debt restructurings, totaled				832,500
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 64,271,621	$ 65,642,632	$ 68,778,608
Allowance for loan losses	$ 261,663	$ 335,009	$ 898,362	1,183,240
Amount of recorded investment in new troubled debt restructurings, totaled
Amount of commercial real estate loan and receivable, outstanding	$ 300,112
Amount of commercial real estate loan and receivable, specific reserves	$ 100,745
Number of loan commercial real estate | Contract	1
Number of commercial real estate loans borrowers | Borrower	1
Commercial Real Estate | Non-performing TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of recorded investment in new troubled debt restructurings, totaled				1,369,768
Consumer and Indirect
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 75,302,771	$ 84,103,142	$ 73,230,433
Allowance for loan losses	$ 803,902	$ 1,281,222	$ 1,187,604	1,057,531
Amount of recorded investment in new troubled debt restructurings, totaled
Amount of consumer and indirect loans, outstanding	$ 145,874
Amount of consumer and indirect loans, specific reserves	$ 65,353
Number of loan consumer and indirect loans | Loan	2
Number of consumer and indirect loans borrowers | Borrower	2
Consumer and Indirect | Non-performing TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of recorded investment in new troubled debt restructurings, totaled
Unallocated
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ 148,465	$ (53,619)	$ (120,319)	$ 132,727
Tolerance for actual to required reserves, percentage	5.00%
Executive Officers Directors and Their Affiliated Interests
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of loans outstanding, totaled	$ 787,894	556,188	1,078,577
Amount of loans additions, totaled	569,000
Amount of loans repayments, totaled	337,294
Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	75,302,771	84,103,142	73,230,433
Collateralized Auto Loans | Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, gross	$ 60,607,000	$ 67,551,000	$ 55,400,000

Premises and Equipment - Summar

Premises and Equipment - Summary of Premises and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Land	$ 684,977	$ 684,977	$ 684,977
Buildings	6,283,741	6,221,980	6,142,509
Equipment and fixtures	5,365,211	5,400,514	5,187,984
Construction in progress	500	53,197	61,155
Property plant and equipment gross	12,334,429	12,360,668	12,076,625
Accumulated depreciation	(8,965,564)	(8,689,373)	(8,379,853)
Property plant and equipment net	$ 3,368,865	$ 3,671,295	$ 3,696,772
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Useful lives	5 years
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Useful lives	50 years
Equipment and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Useful lives	5 years
Equipment and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Useful lives	30 years

Premises and Equipment (Detail

Premises and Equipment (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 393,200	$ 399,083	$ 392,146
Amortization of software and intangible assets	59,506	21,970	26,236
Rent expense	153,659	$ 150,145	$ 137,232
Severna Park
Property, Plant and Equipment [Line Items]
Minimum lease obligations through September 2016	33,000
Linthicum branch
Property, Plant and Equipment [Line Items]
Minimum lease obligations through September 2024	$ 120,952

Federal Home Loan Bank and Sh60

Federal Home Loan Bank and Short-term Borrowings (Detail Textuals)	12 Months Ended
	Dec. 31, 2015USD ($)Financial_Instituteshares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Short-term Debt [Line Items]
Federal home loan bank shares owned | shares	12,031
Percentage of investment to be maintained on total assets	0.20%
Additional percentage of investment to be maintained on total advances	4.50%
Percentage of credit available on total assets	20.00%
Amount of credit available on total assets	$ 71,817,000
Long-term federal home loan bank advances	20,000,000
Average short-term borrowings	$ 21,918	$ 24,658	$ 1,838,000
Number of financial institution lending credit facility | Financial_Institute	3
Federal Funds | Financial Bank One
Short-term Debt [Line Items]
Line of credit, amount available for borrowing	$ 3,000,000
Federal Funds | Financial Bank Two
Short-term Debt [Line Items]
Line of credit, amount available for borrowing	5,000,000
Federal Funds | Financial bank three
Short-term Debt [Line Items]
Line of credit, amount available for borrowing	$ 8,000,000

Long-term Borrowings - Summary

Long-term Borrowings - Summary of long-term borrowings (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank of Atlanta, convertible advances	$ 20,000,000
Federal Home Loan Bank of Atlanta
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank of Atlanta, convertible advances	$ 20,000,000	$ 20,000,000	$ 20,000,000

Long-Term Borrowings - Summar62

Long-Term Borrowings - Summary of long-term Borrowings (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Debt Instruments [Abstract]
2,017	$ 10,000,000
2,018	10,000,000
Long-term borrowings	$ 20,000,000	$ 20,000,000	$ 20,000,000

Long-term Borrowings (Detail Te

Long-term Borrowings (Detail Textuals) - Federal Home Loan Bank of Atlanta - USD ($)	12 Months Ended
	Dec. 31, 2008	Dec. 31, 2007
Convertible advances maturing on November, 1, 2017
Debt Instrument [Line Items]
Convertible debt		$ 10,000,000
Debt instrument, maturity date		Nov. 1, 2017
Debt instrument, interest rate, stated percentage		3.28%
Convertible advances maturing on July 23, 2018
Debt Instrument [Line Items]
Convertible debt	$ 5,000,000
Debt instrument, maturity date	Jul. 23, 2018
Debt instrument callable quarterly date	Jul. 23, 2009
Debt instrument, interest rate, stated percentage	2.73%
Convertible advances maturing on August 22, 2018
Debt Instrument [Line Items]
Convertible debt	$ 5,000,000
Debt instrument, maturity date	Aug. 22, 2018
Debt instrument callable quarterly date	Aug. 22, 2011
Debt instrument, interest rate, stated percentage	3.34%

Deposits - Summary of major cla

Deposits - Summary of major classifications of Interest-bearing deposits (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deposits [Abstract]
NOW and SuperNOW	$ 27,502,016	$ 26,990,274	$ 27,991,553
Money Market	19,079,536	20,465,436	19,219,579
Savings	78,107,913	74,973,038	71,278,801
Certificates of Deposit, $100,000 or more	34,239,331	36,118,031	28,916,597
Other time deposits	82,677,870	91,767,589	89,649,301
Interest-bearing deposits	$ 241,606,666	$ 250,314,368	$ 237,055,831

Deposits - Summary of interest

Deposits - Summary of interest expense on deposits (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deposits [Abstract]
NOW and SuperNOW	$ 9,711	$ 11,608	$ 11,300
Money Market	12,763	9,965	10,618
Savings	39,936	37,537	55,591
Certificates of Deposit, $100,000 or more	522,637	523,472	373,880
Other time deposits	1,165,027	1,310,732	1,562,938
Interest expense	$ 1,750,074	$ 1,893,314	$ 2,014,327

Deposits -Summary of maturities

Deposits -Summary of maturities of time deposits (Details 2)	Dec. 31, 2015USD ($)
Deposits [Abstract]
2,016	$ 44,839,000
2,017	11,863,000
2,018	17,966,000
2,019	25,562,000
2,020	15,303,000
2021 and thereafter	1,384,000
Time Deposits	$ 116,917,000

Deposits (Detail Textuals)

Deposits (Detail Textuals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deposits [Abstract]
Deposit balances of executive officers and directors and their affiliated interests	$ 1,971,000	$ 2,331,000	$ 2,147,000

Income Taxes - Summary of compo

Income Taxes - Summary of components of income tax expense (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current:
Federal	$ (322,723)	$ 408,056	$ 400,931
State	(60,104)	187,266	197,671
Total current	(382,827)	595,322	598,602
Deferred income (benefits) taxes:
Federal	352,543	(253,848)	(9,542)
State	275,205	(32,822)	44,795
Total deferred (benefits) taxes	627,749	(286,670)	35,252
Income tax expense	$ 244,921	$ 308,652	$ 633,855

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of income tax expense computed at satutory rate (Details 1) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Income before income tax expense (benefit)	$ 552	$ (169)	$ 786	$ 429	$ 521	$ 637	$ 498	$ 567	$ 814	$ 1,039	$ 788	$ 607	$ 1,597,537	$ 2,223,178	$ 3,248,032
Taxes computed at Federal income tax rate													543,163	755,881	1,104,331
Increase (decrease) resulting from:
Tax-exempt income													(441,890)	(531,764)	(630,710)
State income taxes, net of Federal income tax benefit													141,966	101,933	160,027
Other													1,682	(17,398)	207
Income tax expense													$ 244,921	$ 308,652	$ 633,855

Income Taxes - Components of ne

Income Taxes - Components of net deferred income tax benefits (Details 2) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deferred income tax benefits:
Accrued deferred compensation	$ 153,256	$ 142,308	$ 129,101
Impairment loss on investment securities		1,305,584	1,218,497
Allowance for credit losses	362,732	364,697	458,303
Nonaccrual interest	445,173	445,173	339,765
Alternative minimum tax credits	929,264	615,186	485,444
Net operating loss carryforward credits	373,986
Accumulated depreciation	61,019	72,354	60,627
Other real estate owned	14,940	14,940	14,940
Reserve for unfunded commitments	4,641	78,890	78,890
Other temporary differences	2,116	2,116	1,332
Accumulated securities premium accretion	138,207	71,834	39,514
Net unrealized depreciation on investment securities available for sale	199,277		778,048
Total deferred income tax benefits	$ 2,684,611	$ 3,113,082	$ 3,604,461
Deferred income tax liabilities:
Accumulated securities discount accretion
Net unrealized appreciation on investment securities available for sale		$ 67,847
Total deferred income tax liabilities		67,847
Net deferred income tax benefits	$ 2,684,611	$ 3,045,235	$ 3,604,461

Income Taxes (Detail Textuals)

Income Taxes (Detail Textuals)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Reconciliation of income tax expense computed at statutory rate	34.00%	34.00%	34.00%

Pension and Profit Sharing Pl72

Pension and Profit Sharing Plans (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Annual contributions, included in employee benefit expense	$ 225,179	$ 229,500	$ 260,400
Amount of additional contributions under this plan for benefit of certain employees	1,014	8,159	8,159
Amount of discretionary employer matching contributions to plan	$ 191,391	$ 228,516	$ 304,558

Other Benefit Plans (Detail Tex

Other Benefit Plans (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Investments, All Other Investments [Abstract]
Cash value of life insurance contract	$ 9,357,712	$ 9,138,658	$ 8,914,817
Income on their insurance investment total	$ 219,054	$ 223,841	$ 234,297

Other Operating Expenses (Detai

Other Operating Expenses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Operating Expenses [Abstract]
Professional services	$ 712,851	$ 677,308	$ 635,502
Stationery, printing and supplies	172,709	185,963	201,883
Postage and delivery	138,691	164,814	139,096
FDIC assessment	305,972	279,584	234,203
Directors fees and expenses	223,542	239,769	226,881
Marketing	142,224	239,437	207,527
Data processing	76,895	25,404	34,909
Correspondent bank services	51,308	45,362	55,444
Telephone	229,257	223,071	255,955
Liability insurance	74,508	73,925	71,722
Losses (gains) and expenses on OREO	29,536	62,493	73,698
Other ATM expense	121,487	125,845	117,617
Other	449,322	705,316	462,682
Other operating expenses	$ 2,728,302	$ 3,048,291	$ 2,717,119

Commitments and Contingencies -

Commitments and Contingencies - Summary of outstanding loan commitments, unused lines of credit and letters of credit (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loan commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	$ 970,000	$ 1,666,000	$ 4,378,000
Construction and land development
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability			1,561,000
Other mortgage loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	$ 970,000	$ 1,666,000	2,817,000
Unused lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	20,415,509	19,706,092	19,490,826
Home-equity lines
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	2,558,091	3,825,462	11,067,236
Commercial lines
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	17,195,796	15,156,201	7,726,424
Secured consumer line
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	27,500	50,000	24,043
Unsecured consumer lines
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	634,122	674,429	673,123
Letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value disclosure, off-balance sheet risks, face amount, liability	$ 47,580	$ 57,580	$ 32,000

Commitments and Contingencies76

Commitments and Contingencies (Detail Textuals)	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Provision for financial receivable unfunded credit losses	$ 11,767

Stockholders' Equity - Summary

Stockholders' Equity - Summary of capital comparison with minimum requirements (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Company
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) Actual Amount	$ 37,506,000	$ 36,959,000	$ 35,933,000
Total Capital (to Risk Weighted Assets) Actual Ratio	15.50%	14.30%	14.10%
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount		$ 20,645,810	$ 20,329,844
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio		8.00%	8.00%
Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 34,477,000	$ 33,728,000	$ 32,761,000
Tier I Capital (to Risk Weighted Assets) Actual Ratio	14.20%	13.10%	12.90%
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount		$ 10,322,265	$ 10,166,330
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio		4.00%	4.00%
Tier I Capital (to Average Assets) Actual Amount	$ 34,477,000	$ 33,728,000	$ 32,761,000
Tier I Capital (to Average Assets) Actual Ratio	8.80%	8.50%	8.70%
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Amount		$ 15,834,742	$ 15,079,862
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Ratio		4.00%	4.00%
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 34,477,000
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Ratio	14.20%
Company | Minimum Capital Required - Basel III Phased-In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 19,382,946
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	8.00%
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 14,537,034
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	6.00%
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Amount	$ 15,724,971
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Ratio	4.00%
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Amount	$ 10,902,776
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Ratio	4.50%
Company | Minimum Capital Required - Basel III Fully Phased-In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 25,440,116
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	10.50%
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 20,594,132
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	8.50%
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Amount	$ 15,724,971
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Ratio	4.00%
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Amount	$ 16,959,874
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Ratio	7.00%
Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) Actual Amount	$ 37,213,000	$ 36,655,000	$ 35,624,000
Total Capital (to Risk Weighted Assets) Actual Ratio	15.40%	14.30%	14.10%
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount		$ 20,477,654	$ 20,183,569
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio		8.00%	8.00%
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 24,211,451	$ 25,597,067	$ 25,229,462
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%	10.00%
Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 34,185,000	$ 33,454,000	$ 32,470,000
Tier I Capital (to Risk Weighted Assets) Actual Ratio	14.10%	13.10%	12.90%
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount		$ 10,238,409	$ 10,091,686
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio		4.00%	4.00%
Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 19,368,272	$ 15,357,613	$ 15,137,529
Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	6.00%	6.00%
Tier I Capital (to Average Assets) Actual Amount	$ 34,185,000	$ 33,454,000	$ 32,470,000
Tier I Capital (to Average Assets) Actual Ratio	8.70%	8.40%	8.60%
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Amount		$ 16,006,699	$ 15,119,907
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Ratio		4.00%	4.00%
Tier I Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 19,646,552	$ 20,008,373	$ 18,899,884
Tier I Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%	5.00%
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 34,185,000
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Ratio	14.10%
Common Equity Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Actual Amount	$ 15,736,721
Common Equity Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Actual Ratio	6.50%
Bank | Minimum Capital Required - Basel III Phased-In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 19,369,161
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	8.00%
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 14,526,204
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	6.00%
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Amount	$ 15,717,241
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Ratio	4.00%
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Amount	$ 10,894,653
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Ratio	4.50%
Bank | Minimum Capital Required - Basel III Fully Phased-In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 25,422,023
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	10.50%
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 20,578,789
Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	8.50%
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Amount	$ 15,717,241
Tier I Capital (to Average Assets) For Capital Adequacy Purposes Ratio	4.00%
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Amount	$ 16,947,238
Common Equity Tier I Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Actual Ratio	7.00%

Stockholders' Equity (Detail Te

Stockholders' Equity (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stockholders Equity [Line Items]
Retained earnings from which dividends may not be paid without prior approval, total	$ 18,752,000	$ 17,171,000	$ 15,293,000
Employee stock purchase benefit plans
Stockholders Equity [Line Items]
Employee eligibility period	1 year
Employees to buy stock under options granted	85.00%
Options are vested when granted and will expire no later than	27 months
Common stock, capital shares reserved for future issuance	48,011
Dividend reinvestment and stock purchase plan
Stockholders Equity [Line Items]
Employees to buy stock under options granted	95.00%
Shares of common stock purchased	12,397	13,594	10,392
Common stock, capital shares reserved for future issuance	185,127
Stockholder purchase plan
Stockholders Equity [Line Items]
Options are vested when granted and will expire no later than	3 months
Common stock, capital shares reserved for future issuance	313,919

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Basic:
Net income	$ 447	$ 8	$ 518	$ 380	$ 480	$ 526	$ 435	$ 473	$ 650	$ 795	$ 640	$ 529	$ 1,352,616	$ 1,914,526	$ 2,614,177
Weighted average common shares outstanding (in shares)													2,768,966	2,755,671	2,742,003
Basic net income per share (in dollars per share)													$ 0.49	$ 0.69	$ 0.95

Fair Values of Financial Inst80

Fair Values of Financial Instruments (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial assets - Carrying Amount
Cash and due from banks	$ 7,493,524	$ 7,101,352	$ 9,214,503
Interest-bearing deposits in other financial institutions	2,308,117	2,154,817	1,636,194
Federal funds sold	2,569,767	4,024,065	102,772
Investment securities available for sale	98,790,010	87,993,145	74,313,682
Federal Home Loan Bank Stock	1,203,100	1,327,800	1,452,900
Maryland Financial Bank Stock	30,000	30,000	30,000
Ground rents	163,638	169,200	169,200
Loans, less allowance for credit losses	259,636,706	273,986,237	270,684,120
Accrued interest receivable	1,121,405	1,274,137	1,509,238
Cash value of life insurance	9,357,712	9,138,658	8,914,817
Financial liabilities - Carrying Amount
Deposits	335,191,530	338,877,292	323,803,356
Long-term borrowings	20,000,000	20,000,000	20,000,000
Dividends payable		276,096	274,737
Accrued interest payable	39,855	39,823	28,523
Unrecognized financial instruments:
Commitments to extend credit	21,385,509	21,372,092	23,868,826
Standby letters of credit	47,580	57,580	32,000
Financial assets - Fair Value
Cash and due from banks	7,493,524	7,101,352	9,214,503
Interest-bearing deposits in other financial institutions	2,308,117	2,154,817	1,636,194
Federal funds sold	2,569,767	4,024,065	102,772
Investment securities available for sale	98,790,010	87,993,145	74,313,682
Federal Home Loan Bank Stock	1,203,100	1,327,800	1,452,900
Maryland Financial Bank Stock	30,000	30,000	30,000
Ground rents	163,638	169,200	169,200
Loans, less allowance for credit losses	252,239,000	268,536,000	270,684,120
Accrued interest receivable	1,121,405	1,274,137	1,509,238
Cash value of life insurance	9,357,712	9,138,658	8,914,817
Financial liabilities - Fair Value
Deposits	307,924,000	310,239,000	291,046,000
Long-term borrowings	20,688,000	20,951,000	21,032,000
Dividends payable		276,096	274,737
Accrued interest payable	39,855	39,823	28,523
Unrecognized financial instruments:
Commitments to extend credit	21,385,509	21,372,092	23,868,826
Standby letters of credit	$ 47,580	$ 57,580	$ 32,000

Fair Values of Financial Inst81

Fair Values of Financial Instruments (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial assets - Carrying Amount
Cash and cash equivalents	$ 12,371,408	$ 13,280,234	$ 10,953,469
Loans receivable, net	259,636,706	273,986,237	270,684,120
Cash value of life insurance	9,357,712	9,138,658	8,914,817
Financial liabilities - Carrying Amount
Deposits	335,191,530	338,877,292	323,803,356
Long-term debt	20,000,000	20,000,000	20,000,000
Financial assets - Fair Value
Cash and cash equivalents	12,371,408
Loans receivable, net	252,239,000	268,536,000	270,684,120
Cash value of life insurance	9,357,712	9,138,658	8,914,817
Financial liabilities - Fair Value
Deposits	307,924,000	310,239,000	291,046,000
Long-term debt	$ 20,688,000	$ 20,951,000	$ 21,032,000
Level 1 | Fair Value
Financial assets - Fair Value
Cash and cash equivalents
Loans receivable, net
Cash value of life insurance
Financial liabilities - Fair Value
Deposits	$ 192,746,000
Long-term debt
Level 2 | Fair Value
Financial assets - Fair Value
Cash and cash equivalents	$ 12,371,408
Loans receivable, net
Cash value of life insurance	$ 9,357,712
Financial liabilities - Fair Value
Deposits	115,178,000
Long-term debt	$ 20,688,000
Level 3 | Fair Value
Financial assets - Fair Value
Cash and cash equivalents
Loans receivable, net	$ 252,239,000
Cash value of life insurance
Financial liabilities - Fair Value
Deposits
Long-term debt

Fair Value Measurements - Summa

Fair Value Measurements - Summary of fair value measurements on recurring and non-recurring Basis (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Recurring:
Securities available for sale	$ 98,790,010	$ 87,993,145	$ 74,313,682
Non-recurring:
Maryland Financial Bank stock	$ 30,000	30,000	$ 30,000
Fair Value, Inputs, Level 1
Non-recurring:
Assets, fair value disclosure
Fair Value, Inputs, Level 2
Non-recurring:
Assets, fair value disclosure	$ 98,864,410
Fair Value, Inputs, Level 3
Non-recurring:
Assets, fair value disclosure	4,053,092
Fair Value
Non-recurring:
Assets, fair value disclosure	102,917,502
U.S. Treasury
Recurring:
Securities available for sale	2,991,485	7,928,490
State and municipal
Recurring:
Securities available for sale	29,996,099	33,509,446	$ 31,009,071
Mortgaged-backed
Recurring:
Securities available for sale	$ 65,802,426	$ 46,067,810	$ 42,477,259
Recurring | U.S. Treasury | Fair Value, Inputs, Level 1
Recurring:
Securities available for sale
Recurring | U.S. Treasury | Fair Value, Inputs, Level 2
Recurring:
Securities available for sale	$ 2,991,485
Recurring | U.S. Treasury | Fair Value, Inputs, Level 3
Recurring:
Securities available for sale
Recurring | U.S. Treasury | Fair Value
Recurring:
Securities available for sale	$ 2,991,485
Recurring | State and municipal | Fair Value, Inputs, Level 1
Recurring:
Securities available for sale
Recurring | State and municipal | Fair Value, Inputs, Level 2
Recurring:
Securities available for sale	$ 29,996,099
Recurring | State and municipal | Fair Value, Inputs, Level 3
Recurring:
Securities available for sale
Recurring | State and municipal | Fair Value
Recurring:
Securities available for sale	$ 29,996,099
Recurring | Mortgaged-backed | Fair Value, Inputs, Level 1
Recurring:
Securities available for sale
Recurring | Mortgaged-backed | Fair Value, Inputs, Level 2
Recurring:
Securities available for sale	$ 65,802,426
Recurring | Mortgaged-backed | Fair Value, Inputs, Level 3
Recurring:
Securities available for sale
Recurring | Mortgaged-backed | Fair Value
Recurring:
Securities available for sale	$ 65,802,426
Nonrecurring | Fair Value, Inputs, Level 1
Non-recurring:
Maryland Financial Bank stock
Impaired loans
OREO
Nonrecurring | Fair Value, Inputs, Level 2
Non-recurring:
Maryland Financial Bank stock
Impaired loans
OREO	$ 74,400
Nonrecurring | Fair Value, Inputs, Level 3
Non-recurring:
Maryland Financial Bank stock	30,000
Impaired loans	$ 4,023,092
OREO
Nonrecurring | Fair Value
Non-recurring:
Maryland Financial Bank stock	$ 30,000
Impaired loans	4,023,092
OREO	$ 74,400

Fair Value Measurements (Detail

Fair Value Measurements (Detail Textuals)	12 Months Ended
	Dec. 31, 2015USD ($)LoanProperty
Fair Value Disclosures [Abstract]
Number of loans consisted under non-recurring assets	28
Number of impaired loans classified as nonaccrual loans	11
Number of impaired loans classified as accruing loans	17
Number of properties classified as OREO | Property	2
Valuation allowance allocation to the impaired loans | $	$ 1,103,686

Condensed Balance Sheet (Detail

Condensed Balance Sheet (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets
Other assets	$ 1,778,336	$ 668,392	$ 694,142
Total assets	390,580,191	394,629,508	377,193,574
Liabilities and Stockholders' Equity
Other Liabilities	1,172,993	1,605,770	1,503,797
Dividends payable		276,096	274,737
Total liabilities	356,404,378	360,798,981	345,610,413
Stockholders' equity:
Common stock	2,773,361	2,760,964	2,747,370
Surplus	9,986,064	9,854,119	9,713,335
Retained earnings	21,718,122	21,112,714	20,300,531
Accumulated other comprehensive income (loss), net of benefits	(301,734)	102,730	(1,178,075)
Total stockholders' equity	34,175,813	33,830,527	31,583,161	$ 33,587,665
Total liabilities and stockholders' equity	390,580,191	394,629,508	377,193,574
Parent Company
Assets
Cash	184,366	283,796	296,245
Due from subsidiaries	6,211	2,095	2,067
Other assets	8,000	8,533	11,957
Total assets	34,185,813	34,106,623	31,857,898
Liabilities and Stockholders' Equity
Other Liabilities	10,000
Dividends payable		276,096	274,737
Total liabilities	10,000	276,096	274,737
Stockholders' equity:
Common stock	2,773,361	2,760,964	2,747,370
Surplus	9,986,064	9,854,119	9,713,335
Retained earnings	21,718,122	21,112,714	20,300,531
Accumulated other comprehensive income (loss), net of benefits	(301,734)	102,730	(1,178,075)
Total stockholders' equity	34,175,813	33,830,527	31,583,161
Total liabilities and stockholders' equity	34,185,813	34,106,623	31,857,898
Parent Company | Bank Of Glen Burnie
Assets
Investment	33,882,666	33,557,329	31,292,459
Parent Company | GBB Properties, Inc.
Assets
Investment	$ 104,570	$ 254,870	$ 255,170

Condensed Income Statement (Det

Condensed Income Statement (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Income Statements, Captions [Line Items]
Other expenses													$ (10,930,497)	$ (11,412,259)	$ (11,113,244)
Income before income tax benefit and equity in undistributed net income of subsidiaries	$ 552	$ (169)	$ 786	$ 429	$ 521	$ 637	$ 498	$ 567	$ 814	$ 1,039	$ 788	$ 607	1,597,537	2,223,178	3,248,032
Income tax benefit													244,921	308,652	633,855
Net income	$ 447	$ 8	$ 518	$ 380	$ 480	$ 526	$ 435	$ 473	$ 650	$ 795	$ 640	$ 529	1,352,616	1,914,526	2,614,177
Parent Company
Condensed Income Statements, Captions [Line Items]
Dividends and distributions from subsidiaries													678,000	980,000	980,000
Other expenses													(86,843)	(77,375)	(76,005)
Income before income tax benefit and equity in undistributed net income of subsidiaries													591,157	902,625	903,995
Income tax benefit													31,958	28,136	27,970
Change in undistributed equity of subsidiaries													729,501	983,765	1,682,212
Net income													$ 1,352,616	$ 1,914,526	$ 2,614,177

Condensed Cash Flow Statement (

Condensed Cash Flow Statement (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 447	$ 8	$ 518	$ 380	$ 480	$ 526	$ 435	$ 473	$ 650	$ 795	$ 640	$ 529	$ 1,352,616	$ 1,914,526	$ 2,614,177
Adjustments to reconcile net income to net cash provided by operating activities:
Decrease (increase) in other assets													(1,109,944)	56,011	637,425
Increase in other liabilities													(432,777)	101,973	(29,556)
Net cash provided by operating activities													2,138,177	2,519,211	4,111,763
Cash flows from financing activities:
Dividends paid													(1,023,304)	(1,100,984)	(822,073)
Net cash used in financing activities													(4,564,724)	14,127,330	(9,188,782)
(Decrease) increase in cash													(908,826)	2,326,765	(7,675,113)
Cash and cash equivalents, beginning of year				13,280,234				10,953,469				18,628,582	13,280,234	10,953,469	18,628,582
Cash and cash equivalents, end of year	12,371,408				13,280,234				10,953,469				12,371,408	13,280,234	10,953,469
Parent Company
Cash flows from operating activities:
Net income													1,352,616	1,914,526	2,614,177
Adjustments to reconcile net income to net cash provided by operating activities:
Decrease (increase) in other assets													533	$ 3,424	$ (7,665)
Increase in other liabilities													10,000
(Increase) in due from subsidiaries													(4,116)	$ (28)	$ (705)
Distribution from Investment in GBB													150,000
Change in undistributed equity of subsidiaries													(729,501)	$ (983,765)	$ (1,682,212)
Net cash provided by operating activities													779,532	934,157	923,595
Cash flows from financing activities:
Proceeds from dividend reinvestment plan													144,342	154,378	118,821
Dividends paid													(1,023,304)	(1,100,984)	(822,073)
Net cash used in financing activities													(878,962)	(946,606)	(703,252)
(Decrease) increase in cash													(99,430)	(12,449)	220,343
Cash and cash equivalents, beginning of year				$ 283,796				$ 296,245				$ 75,902	283,796	296,245	75,902
Cash and cash equivalents, end of year	$ 184,366				$ 283,796				$ 296,245				$ 184,366	$ 283,796	$ 296,245

Summary of Consolidated Unaudit

Summary of Consolidated Unaudited Quarterly Results of Operations (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 3,356	$ 3,396	$ 3,374	$ 3,480	$ 3,627	$ 3,658	$ 3,560	$ 3,675	$ 4,004	$ 3,940	$ 3,708	$ 3,630	$ 13,605,649	$ 14,519,737	$ 15,281,865
Interest expense	576	588	607	620	652	666	628	588	571	675	699	717	2,390,685	2,533,922	2,661,805
Net interest income	2,780	2,808	2,767	2,860	2,975	2,992	2,932	3,087	3,433	$ 3,265	$ 3,009	$ 2,913	11,214,964	11,985,815	12,620,060
Provision for credit losses	410	985	150	150	746	125	112	38	260				1,695,000	1,020,876	260,000
Net securities gains	369	200	270	199	575	361	141	79	71	$ 150	$ 122	$ 2	1,037,663	1,155,978	345,331
Income before income taxes	552	(169)	786	429	521	637	498	567	814	1,039	788	607	1,597,537	2,223,178	3,248,032
Net income	$ 447	$ 8	$ 518	$ 380	$ 480	$ 526	$ 435	$ 473	$ 650	$ 795	$ 640	$ 529	$ 1,352,616	$ 1,914,526	$ 2,614,177
Net income per share (basic and diluted) (in dollars per share)	$ 0.16		$ 0.19	$ 0.14	$ 0.17	$ 0.19	$ 0.16	$ 0.17	$ 0.23	$ 0.29	$ 0.24	$ 0.19	$ 0.49	$ 0.69	$ 0.95