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Note 16 - Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:    
Allowance for loan losses $ 734,048 $ 721,765
Unrealized losses on AFS securities 135,038
Board of Directors retirement plan 271,099 239,957
Other, net 278,581 311,762
Deferred compensation 248,271 215,033
Accrued bonus 192,331 216,254
Organizational costs 50,451 70,638
Net operating loss carryforwards 787,500 840,001
Total deferred tax assets 2,562,281 2,750,448
Deferred tax liabilities:    
FHLB stock dividends (79,953) (52,709)
Depreciation and amortization (217,321) (276,802)
Loan origination costs (218,615) (195,770)
Purchase accounting (33,425) (28,239)
Unrealized gains on AFS securities (105,091)
Total deferred tax liabilities (654,405) (553,520)
Net deferred tax asset $ 1,907,876 $ 2,196,928