XML 35 R38.htm IDEA: XBRL DOCUMENT v3.20.1
Note 14 - Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]
                           
Range of rates
 
   
Variable rate
   
Fixed rate
   
Total
   
on fixed rate commitments
 
As of December 31, 2019:
                                 
Commitments to originate loans
  $
6,186,780
    $
753,600
    $
6,940,380
   
 3.75%
-
6.375%
 
Unfunded commitments on construction loans
   
656,247
     
4,304,146
     
4,960,393
   
 3.50%
-
5.00%
 
Unfunded commitments under lines of credit
   
14,126,052
     
-
     
14,126,052
   
 
-
 
 
     
20,969,079
     
5,057,746
     
26,026,825
   
 
 
 
 
Standby letters of credit
   
-
     
10,000
     
10,000
   
 
 
 
 
    $
20,969,079
    $
5,067,746
    $
26,036,825
   
 
 
 
 
As of December 31, 2018:
                                 
Commitments to originate loans
  $
615,000
    $
5,142,737
    $
5,757,737
   
 3.65%
-
8.25%
 
Unfunded commitments on construction loans
   
5,618,741
     
1,614,824
     
7,233,565
   
 2.75%
-
5.13%
 
Unfunded commitments under lines of credit
   
15,501,253
     
-
     
15,501,253
   
 
-
 
 
     
21,734,994
     
6,757,561
     
28,492,555
   
 
 
 
 
Standby letters of credit
   
-
     
-
     
-
   
 
 
 
 
    $
21,734,994
    $
6,757,561
    $
28,492,555