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Income Taxes - Tax effects of temporary differences related to deferred taxes shown on balance sheets (Details 2) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Deferred tax assets    
Allowance for loan losses $ 1,050,004 $ 1,015,661
Deferred compensation 1,830,687 1,817,124
Net unrealized loss on available for sale securities 605,970
Other 29,497
Deferred tax assets, gross, total 3,486,661 2,862,282
Deferred tax liabilities    
Net unrealized gain on available-for-sale securities (407,145)
Depreciation (390,787) (434,043)
Federal Home Loan Bank stock dividends (48,291) (147,858)
Prepaid expenses (65,504) (56,374)
Mortgage servicing rights (216,238) (233,795)
Other (27,052)
Deferred tax liabilities, gross, total (747,872) (1,279,215)
Net deferred tax asset $ 2,738,789 $ 1,583,067