XML 27 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivatives (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
DerivativeInstruments
Sep. 30, 2012
Sep. 30, 2013
DerivativeInstruments
Sep. 30, 2012
Dec. 31, 2012
Derivatives          
Description of floating rate basis     one month LIBOR    
Commitments to Originate Mortgage Loans Held-for-Sale at Fixed Prices
         
Derivatives          
Derivative Asset, Notional Amount $ 25,500,000   $ 25,500,000   $ 46,700,000
Interest Rate Lock Commitments | Not Designated as Hedging Instrument | Other Assets
         
Derivatives          
Derivative Asset, Fair Value, Gross Asset         872,844
Interest Rate Lock Commitments | Not Designated as Hedging Instrument | Other Liabilities
         
Derivatives          
Derivative Liability, Fair Value, Gross Liability 483,935   483,935    
Forward Sales Commitments | Not Designated as Hedging Instrument
         
Derivatives          
Derivative Asset, Notional Amount 38,000,000   38,000,000   71,500,000
Forward Sales Commitments | Not Designated as Hedging Instrument | Other Assets
         
Derivatives          
Derivative Asset, Fair Value, Gross Asset 259,855   259,855    
Derivative Liability, Fair Value, Gross Liability         (480,806)
Interest Rate Swap Agreements | Not Designated as Hedging Instrument
         
Derivatives          
Number of derivative agreements 2   2    
LIBOR rate used to calculate notional amount     1 month    
Derivative Asset, Notional Amount 1,900,000   1,900,000   2,000,000
Derivative Liability, Notional Amount 1,900,000   1,900,000   2,000,000
Gain on derivative 8,138 334 50,077 4,057  
Loss on derivative (8,138) (334) (50,077) (4,057)  
Interest Rate Swap Agreements | Not Designated as Hedging Instrument | Other Assets
         
Derivatives          
Derivative Asset, Fair Value, Gross Asset 145,930   145,930   196,006
Interest Rate Swap Agreements | Not Designated as Hedging Instrument | Other Liabilities
         
Derivatives          
Derivative Liability, Fair Value, Gross Liability (179,612)   (179,612)   (196,006)
Minimum
         
Derivatives          
Time period between issuance of loan commitment and closing and sale of loan 10 days        
Maximum
         
Derivatives          
Time period between issuance of loan commitment and closing and sale of loan 60 days   60 days    
Mortgage Banking Activities | Interest Rate Lock Commitments
         
Derivatives          
Gain on derivative 796,052 64,294   141,071  
Loss on derivative     (388,909)    
Mortgage Banking Activities | Forward Sales Commitments
         
Derivatives          
Loss on derivative (871,940)   220,951    
Other Income | Forward Sales Commitments
         
Derivatives          
Gain on derivative   $ 41,610   $ 330,279