XML 45 R34.htm IDEA: XBRL DOCUMENT v3.19.2
Note 3 - Acquisition - Summary of Assets Acquired and Liabilities Assumed (Details) - USD ($)
Apr. 02, 2018
Jun. 30, 2019
Dec. 31, 2018
Liabilities Assumed      
Goodwill   $ 1,434,982 $ 1,434,982
Hometown Bancshares, Inc. [Member]      
Assets Acquired      
Cash and Due From Banks $ 7,083,000    
Investment Securities 7,521,000    
Loans 143,919,000    
Allowance for Loan Losses    
Net Loans 143,919,000    
Fixed Assets 10,066,000    
Foreclosed Assets held for sale 1,247,000    
Core Deposit Intangible 3,520,000    
Other Assets 6,609,000    
Total Assets Acquired 179,965,000    
Liabilities Assumed      
Deposits 161,248,000    
Federal Home Loan Bank advances 2,000,000    
Securities Sold Under Agreements to Repurchase 2,159,000    
Other borrowings 3,000,000    
Subordinated debentures 6,362,000    
Other Liabilities 2,003,000    
Total Liabilities Assumed 176,772,000    
Total Liabilities and Stockholders' Equity Assumed 176,772,000    
Net Assets Acquired 3,193,000    
Purchase Price 4,628,000    
Goodwill 1,435,000   $ 1,400,000
Hometown Bancshares, Inc. [Member] | Acquiree Reported Value [Member]      
Assets Acquired      
Cash and Due From Banks 7,083,000    
Investment Securities 7,521,000    
Loans 150,390,000    
Allowance for Loan Losses (2,348,000)    
Net Loans 148,042,000    
Fixed Assets 9,268,000    
Foreclosed Assets held for sale 1,647,000    
Core Deposit Intangible    
Other Assets 4,146,000    
Total Assets Acquired 177,707,000    
Liabilities Assumed      
Deposits 161,001,000    
Federal Home Loan Bank advances 2,000,000    
Securities Sold Under Agreements to Repurchase 2,159,000    
Other borrowings 3,000,000    
Subordinated debentures 6,186,000    
Other Liabilities 2,003,000    
Total Liabilities Assumed 176,349,000    
Common Stock 231,000    
Capital Surplus 18,936,000    
Retained Earnings (17,587,000)    
Accumulated Other Comprehensive Loss (222,000)    
Treasury Stock    
Total Stockholders' Equity Assumed 1,358,000    
Total Liabilities and Stockholders' Equity Assumed 177,707,000    
Hometown Bancshares, Inc. [Member] | Acquisition, Fair Value Adjustments [Member]      
Assets Acquired      
Cash and Due From Banks    
Investment Securities    
Loans (6,471,000)    
Allowance for Loan Losses 2,348,000    
Net Loans (4,123,000)    
Fixed Assets 798,000    
Foreclosed Assets held for sale (400,000)    
Core Deposit Intangible 3,520,000    
Other Assets 2,463,000    
Total Assets Acquired 2,258,000    
Liabilities Assumed      
Deposits 247,000    
Federal Home Loan Bank advances    
Securities Sold Under Agreements to Repurchase    
Other borrowings    
Subordinated debentures 176,000    
Other Liabilities    
Total Liabilities Assumed 423,000    
Common Stock (231,000)    
Capital Surplus (18,936,000)    
Retained Earnings 17,587,000    
Accumulated Other Comprehensive Loss 222,000    
Treasury Stock    
Total Stockholders' Equity Assumed (1,358,000)    
Total Liabilities and Stockholders' Equity Assumed $ (935,000)