XML 129 R66.htm IDEA: XBRL DOCUMENT v3.20.1
Loans and Allowance for Loan Losses - Schedule of Allowance for Loan Losses Methodology (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Beginning balance $ 3,428,869 $ 3,043,632 $ 3,124,611
Charge-offs 750,757 606,345 447,747
Recoveries 69,559 162,082 66,768
Net charge-offs 681,198 444,263  
Provisions charged to operations 856,677 829,500 300,000
Individually evaluated for impairment 478,153 518,230  
Collectively evaluated for impairment 3,126,195 2,910,639  
Balance at end of period 3,604,348 3,428,869 3,043,632
Individually evaluated for impairment 2,195,151 4,505,505  
Collectively evaluated for impairment 395,887,369 372,262,183  
Balance at end of period 398,082,520 376,767,688  
Commercial, Financial and Agricultural [Member]      
Beginning balance 402,251 324,260  
Charge-offs 179,241 548,460  
Recoveries 20,029 12,025  
Net charge-offs 159,212 536,435  
Provisions charged to operations 258,307 614,426  
Individually evaluated for impairment 430,318 276,392  
Collectively evaluated for impairment 71,028 125,859  
Balance at end of period 501,346 402,251 324,260
Individually evaluated for impairment 1,161,293 656,341  
Collectively evaluated for impairment 86,280,196 87,746,874  
Balance at end of period 87,441,489 88,403,215  
Construction Real Estate [Member]      
Beginning balance 1,043,027 1,043,083  
Charge-offs 56,220 783  
Recoveries 0 0  
Net charge-offs 56,220 783  
Provisions charged to operations 48,417 727  
Individually evaluated for impairment 0 0  
Collectively evaluated for impairment 1,035,224 1,043,027  
Balance at end of period 1,035,224 1,043,027 1,043,083
Individually evaluated for impairment 63,708 281,434  
Collectively evaluated for impairment 28,762,391 24,609,102  
Balance at end of period 28,826,099 24,890,536  
Commercial Real Estate [Member]      
Beginning balance 1,210,302 1,056,595  
Charge-offs 274,550 43,349  
Recoveries 3,368 590  
Net charge-offs 271,182 42,759  
Provisions charged to operations 420,195 196,466  
Individually evaluated for impairment 47,690 51,854  
Collectively evaluated for impairment 1,311,625 1,158,448  
Balance at end of period 1,359,315 1,210,302 1,056,595
Individually evaluated for impairment 404,021 1,611,503  
Collectively evaluated for impairment 142,618,059 121,865,866  
Balance at end of period 143,022,080 123,477,369  
Residential Real Estate [Member]      
Beginning balance 458,871 416,474  
Charge-offs 226,540 6,909  
Recoveries 39,812 0  
Net charge-offs 186,728 6,909  
Provisions charged to operations 147,666 49,306  
Individually evaluated for impairment 0 188,368  
Collectively evaluated for impairment 419,809 270,503  
Balance at end of period 419,809 458,871 416,474
Individually evaluated for impairment 553,468 1,929,214  
Collectively evaluated for impairment 101,686,449 101,418,684  
Balance at end of period 102,239,917 103,347,898  
Agricultural Real Estate [Member]      
Beginning balance 108,878 11,560  
Charge-offs 0 0  
Recoveries 0 147,252  
Net charge-offs 0 (147,252)  
Provisions charged to operations (31,998) (49,934)  
Individually evaluated for impairment 0 0  
Collectively evaluated for impairment 76,880 108,878  
Balance at end of period 76,880 108,878 11,560
Individually evaluated for impairment 0 12,526  
Collectively evaluated for impairment 31,459,274 31,549,160  
Balance at end of period 31,459,274 31,561,686  
Consumer and Other [Member]      
Beginning balance 205,540 191,660  
Charge-offs 14,206 6,844  
Recoveries 6,350 2,215  
Net charge-offs 7,856 4,629  
Provisions charged to operations 14,090 18,509  
Individually evaluated for impairment 145 1,616  
Collectively evaluated for impairment 211,629 203,924  
Balance at end of period 211,774 205,540 $ 191,660
Individually evaluated for impairment 12,661 14,487  
Collectively evaluated for impairment 5,081,000 5,072,497  
Balance at end of period $ 5,093,661 $ 5,086,984