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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)        
Net income $ 375,009 $ 888,440 $ 915,274 $ 1,962,090
Net unrealized loss on securities available for sale:        
Net unrealized loss on securities during the period (9,842,000) (1,560,000) (30,335,000) (2,887,000)
Income tax benefit relating to item above 2,709,000 428,000 8,348,000 795,000
Reclassification adjustment for gain on sales of securities included in net income (1,000) (1,000) (1,000) (1,000)
Net effect on other comprehensive loss (7,134,000) (1,133,000) (21,988,000) (2,093,000)
Net unrealized gain on interest rate swaps:        
Net unrealized gain on interest rate swap during the period 125,000 87,000 647,000 315,000
Income tax expense relating to item above (34,000) (24,000) (178,000) (87,000)
Net effect on other comprehensive loss 91,000 63,000 469,000 228,000
Other comprehensive loss (7,043,000) (1,070,000) (21,519,000) (1,865,000)
Comprehensive (loss) income $ (6,668,000) $ (182,000) $ (20,604,000) $ 97,000