XML 70 R57.htm IDEA: XBRL DOCUMENT v3.3.1.900
Loans and Allowance for Loan Losses - Balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method (Details 1) - Loans Receivable - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Allowance for loan losses:    
Balance, beginning of year $ 2,956,264 $ 3,406,434
Provision charged to expense 140,000 240,000
Losses charged off (293,829) (704,388)
Recoveries 117,159 14,218
Balance, end of year 2,919,594 2,956,264
Ending balance: individually evaluated for impairment 800,664 695,507
Ending balance: collectively evaluated for impairment 2,118,930 2,260,757
Loans:    
Ending balance 195,988,766 187,684,292
Ending balance: individually evaluated for impairment 3,840,156 3,959,047
Ending balance: collectively evaluated for impairment 192,148,610 183,725,245
Real estate loans    
Loans:    
Ending balance 140,691,759 136,438,338
Real estate loans | 1-4 family    
Allowance for loan losses:    
Balance, beginning of year 999,260 856,144
Provision charged to expense (10,386) 241,875
Losses charged off (199,392) (100,319)
Recoveries 40,122 1,560
Balance, end of year 829,604 999,260
Ending balance: individually evaluated for impairment 176,079 183,196
Ending balance: collectively evaluated for impairment 653,525 816,064
Loans:    
Ending balance 47,395,344 44,561,089
Ending balance: individually evaluated for impairment 658,734 713,962
Ending balance: collectively evaluated for impairment 46,736,610 43,847,127
Real estate loans | Commercial Real Estate    
Allowance for loan losses:    
Balance, beginning of year 855,463 745,760
Provision charged to expense 29,238 392,009
Losses charged off (27,464) (287,474)
Recoveries 60,289 5,168
Balance, end of year 917,526 855,463
Ending balance: individually evaluated for impairment 487,205 348,240
Ending balance: collectively evaluated for impairment 430,321 507,223
Loans:    
Ending balance 40,381,680 40,474,855
Ending balance: individually evaluated for impairment 1,598,530 1,690,251
Ending balance: collectively evaluated for impairment 38,783,150 38,784,604
Real estate loans | Agricultural Real Estate    
Allowance for loan losses:    
Balance, beginning of year 195,546 175,028
Provision charged to expense $ 6,372 $ 20,518
Losses charged off
Recoveries
Balance, end of year $ 201,918 $ 195,546
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment $ 201,918 $ 195,546
Loans:    
Ending balance 41,223,190 40,119,130
Ending balance: individually evaluated for impairment 839,546 1,009,889
Ending balance: collectively evaluated for impairment 40,383,644 39,109,241
Commercial loans    
Allowance for loan losses:    
Balance, beginning of year 421,809 1,034,189
Provision charged to expense $ (35,327) (327,057)
Losses charged off (285,411)
Recoveries $ 138 88
Balance, end of year 386,620 421,809
Ending balance: individually evaluated for impairment 127,458 154,089
Ending balance: collectively evaluated for impairment 259,162 267,720
Loans:    
Ending balance 25,453,058 26,813,880
Ending balance: individually evaluated for impairment 277,628 240,805
Ending balance: collectively evaluated for impairment 25,175,430 26,573,075
Agricultural loans    
Allowance for loan losses:    
Balance, beginning of year 57,934 52,798
Provision charged to expense $ 105,412 $ 5,136
Losses charged off
Recoveries
Balance, end of year $ 163,346 $ 57,934
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment $ 163,346 $ 57,934
Loans:    
Ending balance 16,102,856 11,844,973
Ending balance: individually evaluated for impairment 406,950 258,140
Ending balance: collectively evaluated for impairment 15,695,906 11,586,833
Home Equity    
Allowance for loan losses:    
Balance, beginning of year 205,577 201,993
Provision charged to expense (53,188) 5,887
Losses charged off (13,724) (5,403)
Recoveries 10,588 3,100
Balance, end of year 149,253 205,577
Ending balance: individually evaluated for impairment 9,922 9,982
Ending balance: collectively evaluated for impairment 139,331 195,595
Loans:    
Ending balance 11,691,545 11,283,264
Ending balance: individually evaluated for impairment 58,340 37,531
Ending balance: collectively evaluated for impairment 11,633,205 11,245,733
Consumer loans    
Allowance for loan losses:    
Balance, beginning of year 167,319 184,848
Provision charged to expense 49,289 3,950
Losses charged off (53,249) (25,781)
Recoveries 6,022 4,302
Balance, end of year $ 169,381 $ 167,319
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment $ 169,381 $ 167,319
Loans:    
Ending balance 13,741,093 12,587,101
Ending balance: individually evaluated for impairment 428 8,469
Ending balance: collectively evaluated for impairment 13,740,665 12,578,632
Unallocated    
Allowance for loan losses:    
Balance, beginning of year 53,356 155,674
Provision charged to expense $ 48,590 $ (102,318)
Losses charged off
Recoveries
Balance, end of year $ 101,946 $ 53,356
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment $ 101,946 $ 53,356
Loans:    
Ending balance
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment