XML 73 R56.htm IDEA: XBRL DOCUMENT v3.3.1.900
3. Loans, Allowance for Loan Losses and Credit Quality (Details 2) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Allowance for loan losses, Beginning balance       $ 4,905,874       $ 4,854,915 $ 4,905,874 $ 4,854,915    
Charge-offs                 (502,366) (543,839)    
Recoveries                 98,370 54,798    
Provision (credit) $ 135,000 $ 75,000 $ 150,000 150,000 $ 135,000 $ 135,000 $ 135,000 135,000 510,000 540,000    
Allowance for loan losses, Ending balance 5,011,878       4,905,874       5,011,878 4,905,874    
Allowance for loan losses evaluated for impairment, Individually                     $ 139,700 $ 77,800
Allowance for loan losses evaluated for impairment, Collectively                     4,872,178 4,828,074
Allowance for loan losses 5,011,878     4,905,874 4,905,874     4,854,915 5,011,878 4,905,874 5,011,878 4,905,874
Loans evaluated for impairment, Individually                     4,491,996 3,371,728
Loans evaluated for impairment, Collectively                     453,627,433 444,433,227
Total Loans                     458,119,429 447,804,955
Commercial and industrial                        
Allowance for loan losses, Beginning balance       646,719       516,382 646,719 516,382    
Charge-offs                 (200,900) (153,329)    
Recoveries                 59,264 6,249    
Provision (credit)                 207,819 277,417    
Allowance for loan losses, Ending balance 712,902       646,719       712,902 646,719    
Allowance for loan losses evaluated for impairment, Individually                     0 0
Allowance for loan losses evaluated for impairment, Collectively                     712,902 646,719
Allowance for loan losses 712,902     646,719 646,719     516,382 712,902 516,382 712,902 646,719
Loans evaluated for impairment, Individually                     286,436 390,605
Loans evaluated for impairment, Collectively                     64,904,688 63,999,615
Total Loans                     65,191,124 64,390,220
Commercial Real Estate                        
Allowance for loan losses, Beginning balance       2,311,936       2,143,398 2,311,936 2,143,398    
Charge-offs                 (14,783) (167,841)    
Recoveries                 0 0    
Provision (credit)                 (144,475) 336,379    
Allowance for loan losses, Ending balance 2,152,678       2,311,936       2,152,678 2,311,936    
Allowance for loan losses evaluated for impairment, Individually                     0 34,400
Allowance for loan losses evaluated for impairment, Collectively                     2,152,678 2,277,536
Allowance for loan losses 2,152,678     2,311,936 2,311,936     2,143,398 2,152,678 2,143,398 2,152,678 2,311,936
Loans evaluated for impairment, Individually                     2,551,748 1,930,993
Loans evaluated for impairment, Collectively                     175,654,794 164,680,837
Total Loans                     178,206,542 166,611,830
Residential Real Estate 1st Lien                        
Allowance for loan losses, Beginning balance       1,270,766       1,452,184 1,270,766 1,452,184    
Charge-offs                 (150,947) (58,904)    
Recoveries                 6,042 14,543    
Provision (credit)                 242,167 (137,057)    
Allowance for loan losses, Ending balance 1,368,028       1,270,766       1,368,028 1,270,766    
Allowance for loan losses evaluated for impairment, Individually                     25,100 43,400
Allowance for loan losses evaluated for impairment, Collectively                     1,342,928 1,227,366
Allowance for loan losses 1,368,028     1,270,766 1,270,766     1,452,184 1,368,028 1,452,184 1,368,028 1,270,766
Loans evaluated for impairment, Individually                     1,419,808 721,241
Loans evaluated for impairment, Collectively                     161,340,465 163,244,883
Total Loans                     162,760,273 163,966,124
Residential Real Estate Jr Lien                        
Allowance for loan losses, Beginning balance       321,099       366,471 321,099 366,471    
Charge-offs                 (66,104) (51,389)    
Recoveries                 240 240    
Provision (credit)                 167,587 5,777    
Allowance for loan losses, Ending balance 422,822       321,099       422,822 321,099    
Allowance for loan losses evaluated for impairment, Individually                     114,600 0
Allowance for loan losses evaluated for impairment, Collectively                     308,222 321,099
Allowance for loan losses 422,822     321,099 321,099     366,471 422,822 366,471 422,822 321,099
Loans evaluated for impairment, Individually                     234,004 328,889
Loans evaluated for impairment, Collectively                     44,486,262 44,472,594
Total Loans                     44,720,266 44,801,483
Consumer                        
Allowance for loan losses, Beginning balance       118,819       105,279 118,819 105,279    
Charge-offs                 (69,632) (112,376)    
Recoveries                 32,824 33,766    
Provision (credit)                 (6,322) 92,150    
Allowance for loan losses, Ending balance 75,689       118,819       75,689 118,819    
Allowance for loan losses evaluated for impairment, Individually                     0 0
Allowance for loan losses evaluated for impairment, Collectively                     75,689 118,819
Allowance for loan losses 75,689     118,819 118,819     105,279 75,689 105,279 75,689 118,819
Loans evaluated for impairment, Individually                     0 0
Loans evaluated for impairment, Collectively                     7,241,224 8,035,298
Total Loans                     7,241,224 8,035,298
Unallocated                        
Allowance for loan losses, Beginning balance       236,535       271,201 236,535 271,201    
Charge-offs                 0 0    
Recoveries                 0 0    
Provision (credit)                 43,224 (34,666)    
Allowance for loan losses, Ending balance 279,759       236,535       279,759 236,535    
Allowance for loan losses evaluated for impairment, Individually                     0 0
Allowance for loan losses evaluated for impairment, Collectively                     279,759 236,535
Allowance for loan losses $ 279,759     $ 236,535 $ 236,535     $ 271,201 $ 279,759 $ 271,201 279,759 236,535
Loans evaluated for impairment, Individually                     0 0
Loans evaluated for impairment, Collectively                     0 0
Total Loans                     $ 0 $ 0