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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)        
Net income $ 888,440 $ 949,027 $ 1,962,090 $ 1,122,820
Net unrealized gain (loss) on securities available for sale:        
Net unrealized (loss) gain on securities during the period (1,560,000) (160,000) (2,887,000) 1,325,000
Income tax benefit (expense) relating to item above 428,000 44,000 795,000 (364,000)
Reclassification adjustment for gain on sales of securities included in net income (1,000) (3,000) (1,000) (3,000)
Net effect on other comprehensive (loss) income (1,133,000) (119,000) (2,093,000) 958,000
Net unrealized gain (loss) on interest rate swaps:        
Net unrealized gain (loss) on interest rate swap during the period 87,000 77,000 315,000 (695,000)
Income tax (expense) benefit relating to item above (24,000) (21,000) (87,000) 192,000
Net effect on other comprehensive income (loss) 63,000 56,000 228,000 (503,000)
Other comprehensive (loss) income (1,070,000) (63,000) (1,865,000) 455,000
Comprehensive (loss) income $ (182,000) $ 886,000 $ 97,000 $ 1,578,000