XML 42 R31.htm IDEA: XBRL DOCUMENT v3.21.2
The following tables present, by portfolio segment and reserving methodology, the allocation of the allowance for loan losses and the gross investment in loans, for the periods indicated. (Details) - USD ($)
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Allowance for Loan Losses            
Individually evaluated for impairment $ 220,206   $ 445,411      
Collectively evaluated for impairment 4,086,097   3,740,283      
Total Allowance for Loan Losses 4,306,303 $ 4,296,165 4,185,694 $ 4,110,630 $ 4,014,213 $ 4,003,758
Loans Receivable            
Individually evaluated for impairment 5,911,618   7,805,600      
Collectively evaluated for impairment 307,259,952   312,997,073      
Total Loans Receivable 313,171,570   320,802,673      
Commercial Loan [Member]            
Allowance for Loan Losses            
Individually evaluated for impairment 178,975   357,657      
Collectively evaluated for impairment 622,573   671,653      
Total Allowance for Loan Losses 801,548 902,882 1,029,310 1,018,550 1,416,267 1,429,917
Loans Receivable            
Individually evaluated for impairment 1,516,845   2,298,120      
Collectively evaluated for impairment 43,013,133   48,743,277      
Total Loans Receivable 44,529,978   51,041,397      
Commercial Real Estate Portfolio Segment [Member]            
Allowance for Loan Losses            
Individually evaluated for impairment        
Collectively evaluated for impairment 154,276   199,266      
Total Allowance for Loan Losses 154,276 144,545 199,266 150,807 123,069 109,235
Loans Receivable            
Individually evaluated for impairment        
Collectively evaluated for impairment 10,715,947   14,813,726      
Total Loans Receivable 10,715,947   14,813,726      
Commercial Portfolio Segment [Member]            
Allowance for Loan Losses            
Individually evaluated for impairment   36,747      
Collectively evaluated for impairment 2,206,215   1,872,374      
Total Allowance for Loan Losses 2,206,215 2,077,769 1,909,121 1,477,019 1,212,647 1,270,445
Loans Receivable            
Individually evaluated for impairment 4,103,784   5,174,841      
Collectively evaluated for impairment 154,794,365   141,013,045      
Total Loans Receivable 158,898,149   146,187,886      
Residential Mortgage [Member]            
Allowance for Loan Losses            
Individually evaluated for impairment   9,111      
Collectively evaluated for impairment 1,025,506   915,966      
Total Allowance for Loan Losses 1,025,506 1,052,160 925,077 883,300 562,000 496,221
Loans Receivable            
Individually evaluated for impairment 249,758   290,743      
Collectively evaluated for impairment 77,586,134   71,545,298      
Total Loans Receivable 77,835,892   71,836,041      
Consumer Portfolio Segment [Member]            
Allowance for Loan Losses            
Individually evaluated for impairment 41,231   41,896      
Collectively evaluated for impairment 77,527   81,024      
Total Allowance for Loan Losses 118,758 118,809 122,920 580,954 700,230 697,940
Loans Receivable            
Individually evaluated for impairment 41,231   41,896      
Collectively evaluated for impairment 4,194,258   4,438,595      
Total Loans Receivable 4,235,489   4,480,491      
Paycheck Protection Program [Member]            
Allowance for Loan Losses            
Individually evaluated for impairment        
Collectively evaluated for impairment        
Total Allowance for Loan Losses
Loans Receivable            
Individually evaluated for impairment        
Collectively evaluated for impairment 16,956,115   32,443,132      
Total Loans Receivable $ 16,956,115   $ 32,443,132