Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest income
Loans	$ 3,193,831	$ 3,388,060
Investment securities	323,979	495,403
Federal funds sold and other	49,953	34,505
Total interest income	3,567,763	3,917,968
Interest expense
Deposits	315,483	292,287
Borrowings	15,578	19,737
Total interest expense	331,062	312,024
Net interest income	3,236,701	3,605,944
Provision (reversal of provision) for loan losses	150,000	(30,000)
Net interest income after provision for loan losses	3,086,701	3,635,944
Non-interest income
Service fees on deposit accounts	81,159	54,244
Residential loan origination fees	224,663	$ 191,384
Forgiveness of debt	$ (403,245)
Gain on sale of loans held for sale		$ 118,452
(Loss) gain on sale of investments	$ (87,995)	1,032
Other income	45,835	75,646
Total non-interest income	666,907	440,758
Non-interest expenses
Compensation and benefits	2,950,953	2,634,902
Real estate owned activity	457,173	651,038
Occupancy and equipment	678,404	630,638
Insurance	233,168	281,503
Data processing and related costs	343,107	337,510
Professional fees	1,320,505	739,618
Product research and development expense	2,209,978	4,938,034
Other	353,759	363,715
Total non-interest expenses	8,547,047	10,576,958
Loss before income tax expense	(4,793,439)	$ (6,500,256)
Income tax expense	5,080
Net loss	(4,798,519)	$ (6,500,256)
Other comprehensive income, net of tax
Unrealized gain on investment securities available for sale, net of tax	24,697	1,218,904
Reclassification adjustment included in net income, net of tax	87,995	(1,032)
Other comprehensive income	112,692	1,217,872
Total comprehensive loss	$ (4,685,827)	$ (5,282,384)
Loss per common share - basic and diluted	$ (0.23)	$ (0.32)
Weighted average common shares outstanding - basic and diluted	20,502,760	20,502,760