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Condensed Consolidated Statements of Stockholders’ Equity - USD ($)
Common Stock [Member]
Treasury Stock [Member]
Unearned ESOP [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Earnings (Loss) [Member]
Total
Balance at Dec. 31, 2017 $ 35,000   $ (3,281,220) $ 32,333,290 $ 32,787,406 $ 2,227,069 $ 64,101,545
Purchase of common stock   $ (2,999,995)         (2,999,995)
Net earnings         258,722   258,722
Other comprehensive earnings (loss), net of tax           (2,389,414) (2,389,414)
Restricted stock unit expense       35,818     35,818
ESOP shares released     175,778 95,970     271,748
Balance at Sep. 30, 2018 35,000 (2,999,995) (3,105,442) 32,465,078 33,046,128 (162,345) 59,278,424
Cumulative-effect adjustment from ASU 2016-01             1,400,000
Balance at Dec. 31, 2018 35,000 (2,999,995) (3,046,855) 32,505,423 33,680,702 (1,580,976) 58,593,299
Purchase of common stock   (102,855)         (102,855)
Net earnings         716,923   716,923
Other comprehensive earnings (loss), net of tax           3,423,233 3,423,233
Restricted stock unit expense       78,226     78,226
ESOP shares released     175,296 57,839     233,135
Balance at Sep. 30, 2019 $ 35,000 $ (3,102,850) $ (2,871,559) $ 32,641,488 33,031,328 3,208,554 $ 62,941,961
Cumulative-effect adjustment from ASU 2016-01 [1]         $ (1,366,297) $ 1,366,297  
[1] See discussion of Accounting Standards Update 2016-01 adoption in Note 1 - Summary of Significant Accounting Policies