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Note 12 - Income Taxes - Net Deferred Tax Asset (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Unrealized loss on securities available for sale $ 12,393
Employee benefit plans 814,181 842,860
Allowance for loan losses 837,225 748,905
Net operating loss carryforwards 89,940 135,576
Loans 71,588 76,599
Purchase accounting - acquisition expenses 75,064 82,570
Other 89,910 108,505
1,977,908 2,007,408
Unrealized gain on securities available for sale (129,399)
Prepaid expenses (30,808) (27,229)
MRP compensation (12,561)
Origination of mortgage servicing rights (13,522) (17,048)
Core deposit intangible (48,457) (64,990)
(234,747) (109,267)
Net deferred tax asset $ 1,743,161 $ 1,898,141