XML 17 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Financial Condition - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 22,854,712 $ 19,425,747
Interest-bearing deposits with banks 23,320,968 18,565,521
Investment securities available for sale, at fair value 192,606,119 248,294,725
Investment securities held to maturity 509,617 508,456
Mortgage loans held for sale 5,098,518 3,943,798
Loans and leases held for investment 700,642,291 607,014,247
Allowance for loan and lease losses (8,673,172) (7,866,523)
Net loans and leases held for investment 691,969,119 599,147,724
Premises and equipment, net 11,291,596 13,664,937
Assets held for sale 192,720 0
Other real estate owned 3,229,423 6,125,054
Federal Home Loan Bank stock, at cost 1,573,700 2,369,300
Accrued interest receivable 3,525,684 2,874,506
Goodwill 4,218,576 4,218,576
Mortgage servicing rights 2,148,905 1,265,589
Identifiable intangible assets 1,611,187 1,895,514
Bank-owned life insurance 18,080,183 15,635,140
Prepaid expenses and other assets 8,470,887 8,348,385
Total assets 990,701,914 946,282,972
Liabilities and Stockholders' Equity    
Non-interest bearing demand 196,917,165 169,545,849
Interest bearing demand 272,098,903 246,376,521
Savings 145,031,981 135,369,668
Large denomination certificates of deposit 122,819,510 116,299,196
Other time 133,732,804 143,730,993
Total deposits 870,600,363 811,322,227
Borrowed money 17,000,000 37,000,000
Junior subordinated debentures 10,310,000 10,310,000
Other liabilities 5,607,832 5,479,971
Total liabilities 903,518,195 864,112,198
Commitments and contingencies (Note 18)
Common stock, $.01 par value, 25,000,000 shares authorized; 9,494,935 and 9,489,222 shares outstanding, respectively 94,949 94,892
Additional paid-in capital 36,018,743 35,936,911
Retained earnings 49,560,595 43,691,073
Accumulated other comprehensive income 1,509,432 2,447,898
Total stockholders' equity 87,183,719 82,170,774
Total liabilities and stockholders' equity $ 990,701,914 $ 946,282,972