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LOAN PORTFOLIO COMPOSITION (Tables)
 9 Months Ended
Sep. 30, 2016
Receivables [Abstract]  
Schedule of composition of loan portfolio
    September 30, 2016     December 31, 2015  
    Amount     Percent     Amount     Percent  
Real estate loans:                                
One-to-four family residential   $ 46,125,444       24.9 %   $ 47,395,344       24.6 %
Commercial     41,504,664       22.4       40,381,680       20.9  
Agricultural     37,674,941       20.3       41,223,190       21.3  
Home equity     11,427,197       6.2       11,691,545       6.1  
Total real estate loans     136,732,246       73.8       140,691,759       72.9  
                                 
Commercial loans     23,256,734       12.5       25,453,058       13.2  
Agricultural loans     13,833,991       7.5       16,102,856       8.3  
Consumer loans     14,540,615       7.8       13,741,093       7.1  
Total loans receivable     188,363,586       101.6       195,988,766       101.5  
                                 
Less:                                
Net deferred loan fees     22,643       0.0       29,293       0.0  
Allowance for loan losses     2,984,597       1.6       2,919,594       1.5  
Total loans receivable, net   $ 185,356,346       100.0 %   $ 193,039,879       100.0 %
Schedule of allowance for loan losses and recorded investment in loans based on portfolio segment and impairment method
    September 30, 2016  
          Commercial     Agricultural                                
    1-4 Family     Real Estate     Real Estate     Home Equity     Commercial     Agricultural     Consumer     Unallocated     Total  
Allowance for Loan Losses:                                                                        
Beginning Balance, July 1, 2016   $ 836,512     $ 913,730     $ 205,633     $ 197,901     $ 372,287     $ 162,663     $ 172,430     $ 97,409     $ 2,958,565  
Provision charged to expense     20,848       (25,754 )     (17,258 )     2,785       (1,514 )     33,389       14,870       2,634       30,000  
Losses charged off     (7,803 )     -       -       -       -       -       (8,602 )     -       (16,405 )
Recoveries     5,340       5,808       -       525       -       -       764       -       12,437  
Ending balance,September 30, 2016   $ 854,897     $ 893,784     $ 188,375     $ 201,211     $ 370,773     $ 196,052     $ 179,462     $ 100,043     $ 2,984,597  
                                                                         
Beginning Balance, January 1, 2016   $ 829,604     $ 917,526     $ 201,918     $ 149,253     $ 386,620     $ 163,346     $ 169,381     $ 101,946     $ 2,919,594  
Provision charged to expense     45,349       (32,550 )     (13,543 )     50,383       (15,963 )     32,706       25,521       (1,903 )     90,000  
Losses charged off     (34,682 )     -       -       -       -       -       (20,501 )     -       (55,183 )
Recoveries     14,626       8,808       -       1,575       116       -       5,061       -       30,186  
Ending balance, September 30, 2016   $ 854,897     $ 893,784     $ 188,375     $ 201,211     $ 370,773     $ 196,052     $ 179,462     $ 100,043     $ 2,984,597  
                                                                         
Ending balance:                                                                        
individually evaluated for impairment   $ 257,165     $ 503,492     $ -     $ -     $ 108,485     $ -     $ -     $ -     $ 869,142  
Ending balance:                                                                        
collectively evaluated for impairment   $ 597,732     $ 390,292     $ 188,375     $ 201,211     $ 262,288     $ 196,052     $ 179,462     $ 100,043     $ 2,115,455  
                                                                         
Loans:                                                                        
Ending balance   $ 46,125,444     $ 41,504,664     $ 37,674,941     $ 11,427,197     $ 23,256,734     $ 13,833,991     $ 14,540,615     $ -     $ 188,363,586  
Ending balance:                                                                        
individually evaluated for impairment   $ 626,578     $ 1,177,278     $ -     $ 56,409     $ 248,735     $ -     $ -     $ -     $ 2,109,000  
Ending balance:                                                                        
collectively evaluated for impairment   $ 45,498,866     $ 40,327,386     $ 37,674,941     $ 11,370,788     $ 23,007,999     $ 13,833,991     $ 14,540,615     $ -     $ 186,254,586  
 
    September 30, 2015  
          Commercial     Agricultural                                      
    1-4 Family     Real Estate     Real Estate     Home Equity     Commercial     Agricultural     Consumer     Unallocated     Total  
Allowance for Loan Losses:                                                                        
Beginning Balance, July 1, 2015   $ 930,733     $ 847,424     $ 213,810     $ 158,101     $ 391,994     $ 125,062     $ 175,105     $ 80,817     $ 2,923,046  
Provision charged to expense     (22,183 )     84,756       (4,601 )     925       (22,387 )     5,474       12,641       (9,625 )     45,000  
Losses charged off     (56,149 )     -       -       (5,707 )     -       -       (12,881 )     -       (74,737 )
Recoveries     20,075       1,441       -       525       -       -       2,238       -       24,279  
Ending balance, September 30, 2015   $ 872,476     $ 933,621     $ 209,209     $ 153,844     $ 369,607     $ 130,536     $ 177,103     $ 71,192     $ 2,917,588  
                                                                         
Beginning Balance, January 1, 2015   $ 999,260     $ 855,463     $ 195,546     $ 205,577     $ 421,809     $ 57,934     $ 167,319     $ 53,356     $ 2,956,264  
Provision charged to expense     (5,339 )     89,090       13,663       (56,089 )     (52,313 )     72,602       30,550       17,836       110,000  
Losses charged off     (161,267 )     (27,464 )     -       (5,707 )     -       -       (26,133 )     -       (220,571 )
Recoveries     39,822       16,532       -       10,063       111       -       5,367       -       71,895  
Ending balance, September 30, 2015   $ 872,476     $ 933,621     $ 209,209     $ 153,844     $ 369,607     $ 130,536     $ 177,103     $ 71,192     $ 2,917,588  
Ending balance:                                                                        
individually evaluated for impairment   $ 179,667     $ 415,306     $ -     $ 9,982     $ 138,606     $ -     $ -     $ -     $ 743,561  
Ending balance:                                                                        
collectively evaluated for impairment   $ 692,809     $ 518,315     $ 209,209     $ 143,862     $ 231,001     $ 130,536     $ 177,103     $ 71,192     $ 2,174,027  
                                                                         
Loans:                                                                        
Ending balance   $ 46,136,293     $ 42,832,513     $ 42,704,641     $ 11,580,161     $ 22,496,792     $ 13,322,205     $ 13,379,117     $ -     $ 192,451,722  
Ending balance:                                                                        
individually evaluated for impairment   $ 664,602     $ 1,606,230     $ 862,765     $ 56,589     $ 211,169     $ 411,979     $ 791     $ -     $ 3,814,125  
Ending balance:                                                                        
collectively evaluated for impairment   $ 45,471,691     $ 41,226,283     $ 41,841,876     $ 11,523,572     $ 22,285,623     $ 12,910,226     $ 13,378,326     $ -     $ 188,637,597  
 
    December 31, 2015  
          Commercial     Agricultural                                      
    1-4 Family     Real Estate     Real Estate     Home Equity     Commercial     Agricultural     Consumer     Unallocated     Total  
Allowance for Loan Losses:                                                                        
Beginning Balance, December 31, 2014   $ 999,260     $ 855,463     $ 195,546     $ 205,577     $ 421,809     $ 57,934     $ 167,319     $ 53,356     $ 2,956,264  
Provision charged to expense     (10,386 )     29,238       6,372       (53,188 )     (35,327 )     105,412       49,289       48,590       140,000  
Losses charged off     (199,392 )     (27,464 )     -       (13,724 )     -       -       (53,249 )     -       (293,829 )
Recoveries     40,122       60,289       -       10,588       138       -       6,022       -       117,159  
Ending balance, December 31, 2015   $ 829,604     $ 917,526     $ 201,918     $ 149,253     $ 386,620     $ 163,346     $ 169,381     $ 101,946     $ 2,919,594  
                                                                         
Ending balance:                                                                        
individually evaluated for impairment   $ 176,079     $ 487,205     $ -     $ 9,922     $ 127,458     $ -     $ -     $ -     $ 800,664  
Ending balance:                                                                        
collectively evaluated for impairment   $ 653,525     $ 430,321     $ 201,918     $ 139,331     $ 259,162     $ 163,346     $ 169,381     $ 101,946     $ 2,118,930  
                                                                         
Loans:                                                                        
Ending balance   $ 47,395,344     $ 40,381,680     $ 41,223,190     $ 11,691,545     $ 25,453,058     $ 16,102,856     $ 13,741,093     $ -     $ 195,988,766  
Ending balance:                                                                        
individually evaluated for impairment   $ 658,734     $ 1,598,530     $ 839,546     $ 58,340     $ 277,628     $ 406,950     $ 428     $ -     $ 3,840,156  
Ending balance:                                                                        
collectively evaluated for impairment   $ 46,736,610     $ 38,783,150     $ 40,383,644     $ 11,633,205     $ 25,175,430     $ 15,695,906     $ 13,740,665     $ -     $ 192,148,610  
Schedule of credit risk profile of loan portfolio based on rating category and payment activity
    1-4 Family     Commercial Real Estate     Agricultural Real Estate     Home Equity  
    September 30,     December 31,     September 30,     December 31,     September 30,     December 31,     September 30,     December 31,  
    2016     2015     2016     2015     2016     2015     2016     2015  
Rating:                                                                
Pass   $ 43,187,304     $ 44,120,334     $ 39,207,423     $ 37,628,385     $ 37,674,941     $ 40,383,644     $ 10,526,785     $ 11,324,889  
Special Mention     1,175,925       1,323,266       445,712       454,194       -       839,546       634,984       68,044  
Substandard     1,762,215       1,951,744       1,851,529       2,299,101       -       -       265,428       298,612  
Total   $ 46,125,444     $ 47,395,344     $ 41,504,664     $ 40,381,680     $ 37,674,941     $ 41,223,190     $ 11,427,197     $ 11,691,545  

 

    Commercial     Agricultural     Consumer     Total  
    September 30,     December 31,     September 30,     December 31,     September 30,     December 31,     September 30,     December 31,  
    2016     2015     2016     2015     2016     2015     2016     2015  
Rating:                                                                
Pass   $ 22,738,951     $ 25,117,982     $ 12,922,314     $ 15,110,606     $ 14,340,174     $ 13,501,477     $ 180,597,892     $ 187,187,317  
Special Mention     46,715       51,196       911,677       992,250       15,375       52,656       3,230,388       3,781,152  
Substandard     471,068       283,880       -       -       185,066       186,960       4,535,306       5,020,297  
Total   $ 23,256,734     $ 25,453,058     $ 13,833,991     $ 16,102,856     $ 14,540,615     $ 13,741,093     $ 188,363,586     $ 195,988,766  
Schedule of loan portfolio aging analysis
    September 30, 2016  
    30-59 Days     60-89 Days     Greater than 90     Total                 Total Loans >90  
    Past Due     Past Due     Days Past Due     Past Due     Current     Total Loans     Days & Accruing  
                                           
One-to-four family residential   $ 229,924     $ 43,256     $ 483,411     $ 756,591     $ 45,368,853     $ 46,125,444     $ -  
Commercial real estate     -       -       -       -       41,504,664       41,504,664       -  
Agricultural real estate     -       -       -       -       37,674,941       37,674,941       -  
Home equity     73,136       -       56,903       130,039       11,297,158       11,427,197       -  
Commercial     34,039       -       13,628       47,667       23,209,067       23,256,734       -  
Agricultural     24,693       -       -       24,693       13,809,298       13,833,991       -  
Consumer     111,014       119,359       53,043       283,416       14,257,199       14,540,615       -  
Total   $ 472,806     $ 162,615     $ 606,985     $ 1,242,406     $ 187,121,180     $ 188,363,586     $ -  
    December 31, 2015  
    30-59 Days     60-89 Days     Greater than 90     Total                 Total Loans >90  
    Past Due     Past Due     Days Past Due     Past Due     Current     Total Loans     Days & Accruing  
                                           
One-to-four family residential   $ 345,169     $ 77,588     $ 623,055     $ 1,045,812     $ 46,349,532     $ 47,395,344     $ -  
Commercial real estate     -       -       766,840       766,840       39,614,840       40,381,680       -  
Agricultural real estate     -       -       -       -       41,223,190       41,223,190       -  
Home equity     22,122       66,305       69,515       157,942       11,533,603       11,691,545       -  
Commercial     -       -       -       -       25,453,058       25,453,058       -  
Agricultural     -       -       -       -       16,102,856       16,102,856       -  
Consumer     183,526       5,972       6,031       195,529       13,545,564       13,741,093       -  
Total   $ 550,817     $ 149,865     $ 1,465,441     $ 2,166,123     $ 193,822,643     $ 195,988,766     $ -  
Schedule of impaired loan
    Three Months Ended September 30, 2016  
                      Average           Interest  
          Unpaid           Impairment in     Interest     Income  
    Recorded     Principal     Specific     Impaired     Income     Recognized  
    Balance     Balance     Allowance     Loans     Recognized     Cash Basis  
Loans without a specific allowance:                                                
One-to-four family residential   $ 96,200     $ 96,200     $ -     $ 200,719     $ 2,704     $ 3,244  
Commercial real estate     156,431       156,431       -       287,616       3,727       10,365  
Home equity     56,409       56,409       -       80,172       934       1,164  
Commercial     80,172       80,172       -       55,891       1,010       -  
Loans with a specific allowance:                                                
One-to-four family residential     530,378       530,378       257,165       554,528       8,687       7,343  
Commercial real estate     1,020,847       1,020,847       503,492       1,034,350       -       -  
Commercial     168,563       168,563       108,485       172,279       2,037       2,761  
Total:                                                
One-to-four family residential     626,578       626,578       257,165       755,247       11,391       10,587  
Commercial real estate     1,177,278       1,177,278       503,492       1,321,966       3,727       10,365  
Home equity     56,409       56,409       -       80,172       934       1,164  
Commercial     248,735       248,735       108,485       228,170       3,047       2,761  
Total   $ 2,109,000     $ 2,109,000     $ 869,142     $ 2,385,555     $ 19,099     $ 24,877  
 

 

    Nine Months Ended September 30, 2016  
                      Average           Interest  
          Unpaid           Impairment in     Interest     Income  
    Recorded     Principal     Specific     Impaired     Income     Recognized  
    Balance     Balance     Allowance     Loans     Recognized     Cash Basis  
Loans without a specific allowance:                                                
One-to-four family residential   $ 96,200     $ 96,200     $ -     $ 203,074     $ 8,519     $ 9,312  
Commercial real estate     156,431       156,431       -       396,722       14,855       15,765  
Home equity     56,409       56,409       -       53,638       2,744       2,986  
Commercial     80,172       80,172       -       92,966       3,441       432  
Loans with a specific allowance:                                                
One-to-four family residential     530,378       530,378       257,165       566,058       24,831       19,317  
Commercial real estate     1,020,847       1,020,847       503,492       1,039,142       23,490       22,304  
Commercial     168,563       168,563       108,485       180,491       6,181       6,295  
Total:                                                
One-to-four family residential     626,578       626,578       257,165       769,132       33,350       28,629  
Commercial real estate     1,177,278       1,177,278       503,492       1,435,864       38,345       38,069  
Home equity     56,409       56,409       -       53,638       2,744       2,986  
Commercial     248,735       248,735       108,485       273,457       9,622       6,727  
Total   $ 2,109,000     $ 2,109,000     $ 869,142     $ 2,532,091     $ 84,061     $ 76,411  
 
    Year Ended December 31, 2015  
                      Average           Interest  
          Unpaid           Impairment in     Interest     Income  
    Recorded     Principal     Specific     Impaired     Income     Recognized  
    Balance     Balance     Allowance     Loans     Recognized     Cash Basis  
Loans without a specific allowance:                                                
One-to-four family residential   $ 111,166     $ 111,166     $ -     $ 211,346     $ 12,248     $ 12,042  
Commercial real estate     516,560       516,560       -       663,640       34,155       34,586  
Agricultural real estate     839,546       839,546       -       864,705       43,335       44,885  
Commercial     80,172       80,172       -       83,509       634       150  
Agricultural business     406,950       406,950       -       307,729       11,403       808  
Home equity     48,418       48,418       -       43,342       3,333       3,331  
Consumer     428       428       -       1,160       78       82  
Loans with a specific allowance:                                                
One-to-four family residential     547,568       547,568       176,079       568,790       32,908       25,352  
Commercial real estate     1,081,970       1,081,970       487,205       1,118,044       67,505       47,864  
Commercial     197,456       197,456       127,458       269,496       11,517       11,139  
Home equity     9,922       9,922       9,922       9,982       810       722  
Total:                                                
One-to-four family residential     658,734       658,734       176,079       780,136       45,156       37,394  
Commercial real estate     1,598,530       1,598,530       487,205       1,781,684       101,660       82,450  
Agricultural real estate     839,546       839,546       -       864,705       43,335       44,885  
Commercial     277,628       277,628       127,458       353,005       12,151       11,289  
Agricultural business     406,950       406,950       -       307,729       11,403       808  
Home equity     58,340       58,340       9,922       53,324       4,143       4,053  
Consumer     428       428       -       1,160       78       82  
Total   $ 3,840,156     $ 3,840,156     $ 800,664     $ 4,141,743     $ 217,926     $ 180,961  
Schedule of recorded balance at original cost of troubled debt restructurings
    September 30, 2016     December 31, 2015  
             
One-to-four family residential   $ 745,953     $ 723,421  
Commercial real estate     1,618,040       1,708,013  
Agricultural real estate     -       -  
Home equity     7,174       10,897  
Commercial loans     252,228       57,783  
Agricultural loans     -       -  
Consumer loans     85,207       109,340  
                 
Total   $ 2,708,602     $ 2,609,454  
Schedule of recorded balance at original cost of troubled debt restructurings performing according to terms of restructuring
    September 30, 2016     December 31, 2015  
             
One-to-four family residential   $ 569,470     $ 526,004  
Commercial real estate     1,618,040       941,173  
Agricultural real estate     -       -  
Home equity     7,174       10,897  
Commercial loans     252,228       57,783  
Agricultural loans     -       -  
Consumer loans     58,976       86,255  
                 
Total   $ 2,505,888     $ 1,622,112  
Schedule of loans modified as troubled debt restructurings
    Three Months Ended     Nine Months Ended  
    September 30, 2016     September 30, 2016  
    Number of     Recorded     Number of     Recorded  
    Modifications     Investment     Modifications     Investment  
                         
One-to-four family residential     -     $ -       1     $ 40,626  
Commercial real estate     1       719,022       1       719,022  
Agricultural real estate     -       -       -       -  
Home equity     -       -       -       -  
Commercial loans     1       218,331       1       218,331  
Agricultural loans     -       -       -       -  
Consumer loans     -       -       -       -  
                                 
Total     2     $ 937,353       3     $ 977,979  
    Three Months Ended     Nine Months Ended  
    September 30, 2015     September 30, 2015  
    Number of     Recorded     Number of     Recorded  
    Modifications     Investment     Modifications     Investment  
                         
One-to-four family residential     -     $ -       1     $ 100,492  
Commercial real estate     -       -       -       -  
Agricultural real estate     -       -       -       -  
Home equity     -       -       1       1,996  
Commercial loans     -       -       -       -  
Agricultural loans     -       -       -       -  
Consumer loans     -       -       2       65,978  
                                 
Total     -     $ -       4     $ 168,466  
Schedule of nonaccrual loans
    September 30, 2016     December 31, 2015  
             
One-to-four family residential   $ 603,214     $ 911,283  
Commercial real estate     772,438       840,449  
Agricultural real estate     -       -  
Home equity     110,827       118,502  
Commercial loans     17,631       9,314  
Agricultural loans     -       -  
Consumer loans     173,689       141,605  
                 
Total   $ 1,677,799     $ 2,021,153