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INCOME TAXES (Details 2) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Deferred tax assets:    
Allowance for loan losses $ 472,681 $ 664,127
Stock awards   46,940
Board of Directors retirement plan 453,287 126,788
Tax credits 46,869 27,965
Other 623,368 131,043
Deferred compensation   151,282
Purchase accounting 52,967 243,308
Organizational costs 204,024 680,030
Net operating loss carryforwards 2,783,762 3,456,274
Total deferred tax assets 4,636,958 5,527,757
Deferred tax liabilities:    
FHLB stock dividends (22,445) (59,888)
Depreciation and amortization (439,734) (405,423)
Loan origination costs (83,889) (49,708)
Other (9,172) (156,192)
Total deferred tax liabilities (555,240) (671,211)
Net deferred tax asset before valuation allowance 4,081,718 4,856,546
Valuation allowance:    
Beginning balance (4,856,546) (1,748,285)
Decrease/(Increase) due to merger/prior adjustments 636,125 (2,642,522)
Decrease/(Increase) during the period 138,703 (465,739)
Ending balance $ (4,081,718) $ (4,856,546)
Net deferred tax asset