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Condensed Consolidated Statements of Stockholders' Equity - USD ($)
Common Stock
Additional Paid-in Capital
Unearned ESOP Shares
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2018 $ 29,593 $ 7,458,745 $ (494,245) $ 16,219,209 $ (252,442) $ 22,960,860
Issuance of common stock 14 12,860       12,874
ESOP shares subject to mandatory redemption   (45,848)       (45,848)
ESOP shares earned   12,162 33,699     45,861
Stock based compensation expense   77,372       77,372
Net Income       458,197   458,197
Other comprehensive income (loss)         (27,757) (27,757)
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2019 29,607 7,515,291 (460,546) 16,677,406 (280,199) 23,481,559
Stockholders' Equity Attributable to Parent, Beginning Balance at Jun. 30, 2019 29,593 7,488,899 (471,779) 16,531,264 (266,888) 23,311,089
Issuance of common stock 14 12,860       12,874
ESOP shares subject to mandatory redemption   (17,209)       (17,209)
ESOP shares earned   4,951 11,233     16,184
Stock based compensation expense   25,790       25,790
Net Income       146,142   146,142
Other comprehensive income (loss)         (13,311) (13,311)
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2019 29,607 7,515,291 (460,546) 16,677,406 (280,199) 23,481,559
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2019 29,607 7,529,850 (449,313) 17,017,682 (290,988) 23,836,838
Issuance of common stock 29,756 15,577,194 (1,322,370) 0 0 14,284,580
Contribution by CF Mutual Holding Company 0 50,000 0 0 0 50,000
Exchange of common stock (29,607)         (29,607)
ESOP shares earned 0 (1,927) 72,311 0 0 70,384
Stock based compensation expense   81,973       81,973
Net Income       1,436,478   1,436,478
Other comprehensive income (loss)         6,405 6,405
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2020 29,756 23,237,090 (1,699,372) 18,454,160 (284,583) 39,737,051
Stockholders' Equity Attributable to Parent, Beginning Balance at Jun. 30, 2020 29,756 23,209,347 (1,725,085) 17,515,627 (284,938) 38,744,707
ESOP shares earned 0 (2,649) 25,713 0 0 23,064
Stock based compensation expense 0 30,392 0 0 0 30,392
Net Income       938,533   938,533
Other comprehensive income (loss)         355 355
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2020 $ 29,756 $ 23,237,090 $ (1,699,372) $ 18,454,160 $ (284,583) $ 39,737,051