XML 70 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivatives (Details) (USD $)
3 Months Ended
Mar. 31, 2014
DerivativeInstruments
Mar. 31, 2013
Dec. 31, 2013
Derivatives      
Description of floating rate basis one month LIBOR    
Interest Rate Lock Commitments
     
Derivatives      
Derivative Asset, Notional Amount $ 26,000,000   $ 13,400,000
Interest Rate Lock Commitments | Not Designated as Hedging Instrument | Other Assets
     
Derivatives      
Derivative Liability, Fair Value, Gross Liability     (23,222)
Interest Rate Lock Commitments | Not Designated as Hedging Instrument | Other Liabilities
     
Derivatives      
Derivative Asset, Fair Value, Gross Asset 178,052    
Forward Sales Commitments | Not Designated as Hedging Instrument
     
Derivatives      
Derivative Asset, Notional Amount 32,800,000   31,900,000
Forward Sales Commitments | Not Designated as Hedging Instrument | Other Assets
     
Derivatives      
Derivative Asset, Fair Value, Gross Asset 38,878   147,232
Interest Rate Swap Agreements | Not Designated as Hedging Instrument
     
Derivatives      
Number of derivative agreements 2    
LIBOR rate used to calculate notional amount 1 month    
Derivative Asset, Notional Amount 1,800,000   1,800,000
Derivative Liability, Notional Amount 1,800,000   1,800,000
Gain on derivative 13,478 16,395  
Loss on derivative (13,478) (16,395)  
Interest Rate Swap Agreements | Not Designated as Hedging Instrument | Other Assets
     
Derivatives      
Derivative Asset, Fair Value, Gross Asset 118,960   132,438
Interest Rate Swap Agreements | Not Designated as Hedging Instrument | Other Liabilities
     
Derivatives      
Derivative Liability, Fair Value, Gross Liability (118,960)   (132,438)
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    
Mortgage Banking Activities | Interest Rate Lock Commitments
     
Derivatives      
Gain on derivative 201,274    
Loss on derivative   (65,931)  
Mortgage Banking Activities | Forward Sales Commitments
     
Derivatives      
Gain on derivative   55,586  
Loss on derivative $ (108,354)