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Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Tax Disclosure [Abstract]      
Intangible asset amortization $ 0 $ 0 $ 172,816
Deferred gain on covered transaction (1,115) 5,004 9,352
Nonaccrual loan interest 155 8,369 (6,896)
Recognition of AMT tax credit carryforward 0 332,776 0
Foreclosed assets expenses 4,760 41,530 (42,075)
Bad debt expense in excess of tax (36,850) (80,902) 423,203
Accretion of discounted bonds 10,546 16,805 14,772
Gain on disposition of discounted bonds 0 (4,188) (28,215)
Book and tax depreciation difference (43,664) 357,266 (24,959)
Other timing differences 10,821 (37,023) 0
Total deferred taxes $ (55,347) $ 639,637 $ 517,998