XML 106 R93.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 20 - Condensed Financial Statements of Parent Company - Balance Sheets (Details) - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
ASSETS      
Cash and due from banks $ 6,374,457 $ 4,988,178  
Prepaid and other assets 1,057,365 1,294,606  
TOTAL ASSETS 383,277,907 336,220,518  
Liabilities      
Total liabilities 336,855,173 285,249,829  
LIABILITIES AND STOCKHOLDERS’ EQUITY      
Preferred stock, $0.01 par value, 50,000,000 authorized, 0 issued and outstanding  
Common stock, $0.01 par value, 100,000,000 authorized, 3,374,565 and 3,490,672 issued and outstanding. 33,746 34,907  
Additional paid-in capital 25,500,873 26,849,822  
Retained earnings 22,928,777 26,060,598  
Accumulated other comprehensive loss, net of tax (396,148) (274,266)  
Unearned employee stock ownership plan (ESOP) shares (1,644,514) (1,700,372)  
Total stockholders’ equity 46,422,734 50,970,689 $ 50,776,577
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 383,277,907 336,220,518  
Parent Company [Member]      
ASSETS      
Cash and due from banks 4,993,568 6,489,288  
Investment in wholly owned subsidiary 39,044,001 42,426,774  
ESOP note receivable 1,700,795 1,731,494  
Prepaid and other assets 684,370 358,962  
TOTAL ASSETS 46,422,734 51,006,518  
Liabilities      
Accounts payable 35,829  
Total liabilities 35,829  
LIABILITIES AND STOCKHOLDERS’ EQUITY      
Preferred stock, $0.01 par value, 50,000,000 authorized, 0 issued and outstanding  
Common stock, $0.01 par value, 100,000,000 authorized, 3,374,565 and 3,490,672 issued and outstanding. 33,746 34,907  
Additional paid-in capital 25,500,873 26,849,822  
Retained earnings 22,928,777 26,060,598  
Accumulated other comprehensive loss, net of tax (396,148) (274,266)  
Unearned employee stock ownership plan (ESOP) shares (1,644,514) (1,700,372)  
Total stockholders’ equity 46,422,734 50,970,689  
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 46,422,734 $ 51,006,518