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INCOME TAXES (Details 2) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Deferred tax assets:    
Allowance for loan losses $ 850,277 $ 472,681
Unrealized losses on AFS securities 170,450 0
Board of Directors retirement plan 316,823 309,462
Tax credits 91,688 46,869
Other 637,497 623,368
Deferred compensation 202,418 143,825
Purchase accounting 38,668 52,967
Organizational costs 169,772 204,024
Net operating loss carryforwards 2,456,793 2,783,762
Total deferred tax assets 4,934,386 4,636,958
Deferred tax liabilities:    
FHLB stock dividends (27,820) (22,445)
Depreciation and amortization (449,312) (439,734)
Loan origination costs (140,237) (83,889)
Other 0 (9,172)
Total deferred tax liabilities (617,369) (555,240)
Net deferred tax asset before valuation allowance 4,317,017 4,081,718
Valuation allowance:    
Beginning balance (4,081,718) (4,856,546)
Decrease/(Increase) due to merger/prior adjustments 0 636,125
Decrease/(Increase) during the period 0 138,703
Reversal of valuation allowance 4,081,718 0
Ending balance 0 (4,081,718)
Net deferred tax asset $ 4,317,017 $ 0