XML 97 R79.htm IDEA: XBRL DOCUMENT v3.8.0.1
Employee Benefits and Retirement Plans (Details Narrative) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Increase decrease in accrued pension liability $ 716,622 $ 775,423 $ 928,160
Changes to other comprehensive income (loss) on pre-tax basis 62,698 (72,802)  
Increased in fair value of plan assets $ 98,666    
Targeted investment portfolio allocated 45.00%    
Investments $ 300,000,000    
Expected contribute from employer 480,000 550,000 500,000
Estimated amortization amounts, net loss 544,601    
Expense incurred $ 129,086 472,947 927,935
Stock options exercise period 10 years    
Common stock authorized for issuance 196,680    
Pension Plan 2018 [Member]      
Expected contribute from employer $ 360,000    
Southwest Georgia Bank 401(K) Plan [Member]      
Employee contributions 204,565 186,253 188,338
Employee Stock Ownership Plan [Member]      
Expected contribute from employer $ 425,000 400,000 294,642
ESOP holds Corporation's outstanding common stock 256,225    
Number of shares are allocated to participants 249,618    
Unreleased shares are pledged as collateral 6,607    
Long-term debt incurred from repurchasing participants' shares $ 105,000    
Directors and Executive Officers Stock Purchase Plan [Member]      
Employee contributions 900    
Expense incurred $ 265,900 $ 290,573 $ 282,600
Dividend Reinvestment and Share Purchase Plan [Member]      
Reinvestment of common stock dividends, voluntary cash payments description   not less than $5 nor more than $5,000 per month  
Shares issued through the plan 5,286 6,955 6,702
Shares issued at an average price per share $ 21.18 $ 15.92 $ 14.73
2013 Omnibus Incentive Plan [Member]      
Common stock authorized for issuance 125,000    
Incentive Plan [Member]      
Number of restricted stock awards shares granted during the period 4,271  
Equity Securities [Member]      
Targeted investment portfolio allocated 20.00%    
Minimum [Member]      
Targeted investment portfolio allocated 50.00%    
Maximum [Member]      
Targeted investment portfolio allocated 90.00%    
Pension Plan [Member]      
Increase decrease in accrued pension liability $ 503,167 $ 110,306