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Note 14 - Income Taxes - Summary of Tax Effects of Temporary Differences that Gave Rise to Deferred Tax Assets and Liabilities (Details) - USD ($)
Mar. 31, 2017
Mar. 31, 2016
Allowance for loan losses $ 887,510 $ 688,066
Nonaccrual interest 197,363 194,900
Deferred compensation 822,939 156,164
Foreclosed real estate write down and holding costs 221,010 221,010
Deferred loan costs 42,285 35,070
Capital loss carryforward 48,872
Charitable contribution carryforward 42,098 38,101
Net operating loss carryforward 4,414,529 625,612
Stock based payment awards 80,833 64,799
Unrealized loss on investment securities available for sale 862,673 14,410
AMT credit carryover 225,294 169,728
Acquisition activity 1,078,763 969,105
Total deferred tax assets 8,924,169 3,176,965
Valuation allowance on deferred tax asset (42,364) (21,218)
Total deferred tax asset, net 8,881,805 3,155,747
FHLB stock dividends 91,004 67,245
Goodwill and other intangible assets 717,933 588,727
Accumulated depreciation 65,193 93,576
Other 30,825 53,058
Total deferred tax liabilities 904,955 802,606
Net deferred tax asset $ 7,976,850 $ 2,353,141