XML 27 R16.htm IDEA: XBRL DOCUMENT v3.4.0.3
Subsequent Events
3 Months Ended
Mar. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events

10. Subsequent Events

Related Parties

In April 2016, the Company entered into standard agreements for Treasury and Custodial Services with a bank indirectly owned 15% by our principal stockholder.

Sale of Foreclosed Real Estate Held for Sale

On May 4, 2016, the Company sold a parcel of land resulting in a gain of approximately $1.2 million.