XML 78 R90.htm IDEA: XBRL DOCUMENT v2.4.1.9
Parent Company Activity, Summary of Condensed Statements of Cash Flows (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities    
Net income $ 3,443,569us-gaap_NetIncomeLoss $ 2,889,351us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss on the sale of investment securities 1,670us-gaap_GainOnSaleOfInvestments (9,206)us-gaap_GainOnSaleOfInvestments
Net (increase) decrease in other assets (641,098)us-gaap_IncreaseDecreaseInOtherOperatingAssets (82,189)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Net decrease in other liabilities 340,095us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 545,516us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 3,064,366us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 3,437,159us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities    
Purchase of investment securities (2,150,382)us-gaap_PaymentsToAcquireInvestments (2,081,221)us-gaap_PaymentsToAcquireInvestments
Net cash used in investing activities (12,730,708)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (9,780,236)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities    
Common stock options exercised 40,327us-gaap_ProceedsFromStockOptionsExercised 0us-gaap_ProceedsFromStockOptionsExercised
Net cash provided by financing activities 8,478,498us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 7,794,628us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash and due from banks (1,187,844)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,451,551us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Parent Company [Member]    
Cash flows from operating activities    
Net income 3,443,569us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
2,889,351us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in undistributed earnings of subsidiary (2,457,219)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(1,790,589)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(Gain) loss on the sale of investment securities 1,670us-gaap_GainOnSaleOfInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(9,206)us-gaap_GainOnSaleOfInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(Increase) decrease in dividends receivable from subsidiary 867,000us-gaap_IncreaseDecreaseInDividendsReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(867,000)us-gaap_IncreaseDecreaseInDividendsReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net (increase) decrease in other assets (4,455)us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
8,868us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net decrease in other liabilities 0us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(942)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash provided by operating activities 1,850,565us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
230,482us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash flows from investing activities    
Purchase of investment securities (150,382)us-gaap_PaymentsToAcquireInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(81,221)us-gaap_PaymentsToAcquireInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Proceeds from the sale of investment securities 131,403us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
63,938us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash used in investing activities (18,979)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(17,283)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash flows from financing activities    
Common stock options exercised 40,327us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Dividends paid (927,449)us-gaap_PaymentsOfOrdinaryDividends
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(183,296)us-gaap_PaymentsOfOrdinaryDividends
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash provided by financing activities (887,122)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(183,296)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net increase (decrease) in cash and due from banks 944,464us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
29,903us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash and due from banks, beginning 89,528us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
59,625us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash and due from banks, ending $ 1,033,992us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 89,528us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember