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Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Income Tax Disclosure [Abstract]    
Nonaccrual loan interest $ 8,843 $ 1,947
Deferred gain on covered transaction 14,304 23,657
Alternative minimum tax 332,776 434,920
Foreclosed assets expenses 51,693 9,618
Intangible asset amortization 125,883 298,699
Bad debt expense in excess of tax 639,161 1,062,364
Realized loss on other-than-temporarily impaired equity securities 214,353 214,353
Deferred directors compensation 104,561 0
Capital loss carryforward 32,878 0
Pension plan 435,172 875,641
Total deferred tax assets 1,959,624 2,921,199
Accretion on bonds and gain on discounted bonds 55,690 69,133
Book and tax depreciation difference 218,634 243,593
Unrealized gain (loss) on securities available for sale 1,982 (44,416)
Total deferred tax liabilities 276,306 268,310
Net deferred tax assets $ 1,683,318 $ 2,652,889