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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Jun. 30, 2014
Jun. 30, 2013
Interest income              
Interest and fees on loans $ 2,918,231 $ 2,637,116 $ 4,429,322 $ 11,643,531 $ 7,492,547 $ 6,048,268 $ 6,819,081
Interest on securities 120,407 164,609 445,056 506,108 843,251 873,239 662,709
Interest on other interest-earning assets 22,299 21,454 19,880 74,087 31,306 18,271 20,717
Total interest income 3,060,937 2,823,179 4,894,258 12,223,726 8,367,104 6,939,778 7,502,507
Interest expense              
Interest on deposits 364,808 332,866 606,050 1,371,703 1,057,718 959,395 1,249,672
Interest on borrowings 10,808 8,926 161,216 62,192 336,322 403,820 581,119
Total interest expense 375,616 341,792 767,266 1,433,895 1,394,040 1,363,215 1,830,791
Net interest income 2,685,321 2,481,387 4,126,992 10,789,831 6,973,064 5,576,563 5,671,716
Provision for (credit to) loan losses 52,000 100,000 50,000 694,000 50,000   (121,000)
Net interest income after provision for (credit to) loan losses 2,633,321 2,381,387 4,076,992 10,095,831 6,923,064 5,576,563 5,792,716
Noninterest income              
Gain on sale of loans 1,688,434 888,200 1,643,230 4,847,600 3,019,831 2,501,821 3,125,796
Service charges and fees 99,157 50,119 119,025 296,629 269,388 250,256 199,452
Loss on sale and impairments of other real estate   (200,000)   (517,863) 60,332 23,846 (14,388)
Loss on sale of securities   (13,800) (356,645) 6,414 (327,914) (3,000) (81,572)
Bank owned life insurance income 43,024 32,414 71,353 131,823 141,896 148,377 196,972
Bargain purchase gain     2,898,847   2,898,847    
Other 53,151 44,894 97,547 138,309 180,184 162,302 170,130
Total noninterest income 1,883,766 801,827 4,473,357 4,902,912 6,242,564 3,083,602 3,596,390
Noninterest expense              
Salaries and benefits 2,581,184 1,925,621 3,760,807 8,304,436 6,476,691 5,305,419 5,599,006
Occupancy 451,529 426,300 728,654 1,597,282 1,275,693 1,107,211 1,145,149
Data processing fees 358,690 312,335 471,658 1,612,302 882,945 754,833 548,172
FDIC and other insurance expense 71,400 60,600 108,499 258,854 252,319 231,180 308,727
Professional fees 402,951 232,301 266,783 945,859 519,129 356,662 383,943
Merger-related expenses   94,324 800,965 99,577 1,377,168 920,420 234,007
Advertising 52,389 37,569 59,616 220,230 130,160 192,705 178,853
Net other real estate expenses 2,756 6,945 7,030 23,175 25,840 58,509 102,752
Prepayment penalty, FHLB advances     532,125   532,125    
Other 575,332 351,476 791,479 1,596,414 1,294,214 967,802 985,492
Total noninterest expense 4,496,231 3,447,471 7,527,616 14,658,129 12,766,284 9,894,741 9,486,101
Income (loss) before income taxes 20,856 (264,257) 1,022,733 340,614 399,344 $ (1,234,576) (96,995)
Provision for income taxes 15,000   73,760 20,000 73,760 35,527
NET INCOME (LOSS) 5,856 (264,257) 948,973 320,614 325,584 $ (1,234,576) (132,522)
Other comprehensive income (loss)              
Unrealized gain (loss) on available-for-sale securities 225,683 (19,914) 401,181 (67,601) 916,352 (38,184) (635,904)
COMPREHENSIVE INCOME (LOSS) $ 231,539 $ (284,171) $ 1,350,154 $ 253,013 $ 1,241,936 $ (1,272,760) $ (768,426)
Income (loss) per common share:              
Basic (in dollars per share) $ 0.00 $ (0.16) $ 0.61 $ 0.19 $ 0.23 $ (0.95) $ (0.10)
Diluted (in dollars per share) $ 0.00 $ (0.16) $ 0.61 $ 0.19 $ 0.23 $ (0.95) $ (0.10)