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Securities (Tables)
 6 Months Ended
Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Schedule Of Available For Sale Securities and Held To Maturity Reconciliation [Table Text Block]
The amortized cost and fair value of securities available-for-sale and held to maturity at June 30, 2015 and December 31, 2014 are summarized as follows:
 
 
 
June 30, 2015
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
Cost
 
Gains
 
Losses
 
Value
 
Debt securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government agencies
 
$
521,020
 
$
5,423
 
$
-
 
$
526,443
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and municipal securities
 
 
4,365,290
 
 
112,960
 
 
(13,223)
 
 
4,465,027
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage guaranteed by GNMA or FNMA
 
 
15,149,059
 
 
21,400
 
 
(52,476)
 
 
15,117,983
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Collateralized mortgage obligations issued or guaranteed by U.S. Government agencies or sponsored agencies
 
 
54,265,213
 
 
259,146
 
 
(152,376)
 
 
54,371,983
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
74,300,582
 
$
398,929
 
$
(218,075)
 
$
74,481,436
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debt securities held to maturity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage guaranteed by GNMA or FNMA
 
$
22,131
 
$
285
 
$
(6)
 
$
22,410
 
 
 
 
December 31, 2014
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
Cost
 
Gains
 
Losses
 
Value
 
Debt securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government agencies
 
$
560,183
 
$
2,840
 
$
-
 
$
563,023
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and municipal securities
 
 
7,028,388
 
 
302,697
 
 
-
 
 
7,331,085
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage guaranteed by GNMA or FNMA
 
 
16,852,496
 
 
44,954
 
 
(9,179)
 
 
16,888,271
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Collateralized mortgage obligations issued or guaranteed by U.S. Government agencies or sponsored agencies
 
 
62,278,948
 
 
273,571
 
 
(141,989)
 
 
62,410,530
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
86,720,015
 
$
624,062
 
$
(151,168)
 
$
87,192,909
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debt securities held to maturity:
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage guaranteed by GNMA or FNMA
 
$
25,428
 
$
274
 
$
-
 
$
25,702
 
Investments Classified by Contractual Maturity Date [Table Text Block]
Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 
 
 
Securities Available-for-Sale
 
Securities Held to Maturity
 
 
 
Amortized
 
Fair
 
Amortized
 
Fair
 
 
 
Cost
 
Value
 
Cost
 
Value
 
Due in one year or less
 
$
-
 
$
-
 
$
-
 
$
-
 
Due from one year to five years
 
 
605,826
 
 
633,798
 
 
-
 
 
-
 
Due from five years to ten years
 
 
2,062,233
 
 
2,095,353
 
 
-
 
 
-
 
Due after ten years
 
 
2,218,251
 
 
2,262,319
 
 
-
 
 
-
 
 
 
 
4,886,310
 
 
4,991,470
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
69,414,272
 
 
69,489,966
 
 
22,131
 
 
22,410
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
74,300,582
 
$
74,481,436
 
$
22,131
 
$
22,410
 
Schedule of Unrealized Loss on Investments [Table Text Block]
The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities available-for-sale have been in a continuous unrealized loss position, as of June 30, 2015 and as of December 31, 2014:
 
 
 
As of June 30, 2015
 
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
 
 
 
Gross
 
 
 
Gross
 
 
 
Gross
 
 
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
 
 
Value
 
Losses
 
Value
 
Losses
 
Value
 
Losses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State and municipal securities
 
$
623,094
 
$
(6,722)
 
$
545,635
 
$
(6,501)
 
$
1,168,729
 
$
(13,223)
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage guaranteed by GNMA or FNMA
 
 
11,531,175
 
 
(47,716)
 
 
1,281,475
 
 
(4,760)
 
 
12,812,650
 
 
(52,476)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Collateralized mortgage obligations issued or guaranteed by U.S. Government agencies or sponsored agencies
 
 
13,892,803
 
 
(99,823)
 
 
11,134,700
 
 
(52,553)
 
 
25,027,503
 
 
(152,376)
 
 
 
$
26,047,072
 
$
(154,261)
 
$
12,961,810
 
$
(63,814)
 
$
39,008,882
 
$
(218,075)
 
 
 
 
As of December 31, 2014
 
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
 
 
 
Gross
 
 
 
Gross
 
 
 
Gross
 
 
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
Fair
 
Unrealized
 
 
 
Value
 
Losses
 
Value
 
Losses
 
Value
 
Losses
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage guaranteed by GNMA or FNMA
 
$
7,018,137
 
$
(9,179)
 
$
-
 
$
-
 
$
7,018,137
 
$
(9,179)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Collateralized mortgage obligations issued or guaranteed by U.S. Government agencies or sponsored agencies
 
 
9,504,525
 
 
(52,831)
 
 
17,546,169
 
 
(89,158)
 
 
27,050,694
 
 
(141,989)
 
 
 
$
16,522,662
 
$
(62,010)
 
$
17,546,169
 
$
(89,158)
 
$
34,068,831
 
$
(151,168)