XML 118 R105.htm IDEA: XBRL DOCUMENT v3.22.0.1
Note 23 - Condensed Parent Company Statements - Condensed Statements of Income (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net gain (loss) on foreclosed assets                 $ (121,440) $ 36,057 $ (235,394)
Interest expense $ 1,157,218 $ 1,468,447 $ 1,828,156 $ 2,071,133 $ 2,151,524 $ 2,236,743 $ 2,136,409 $ 3,086,525 6,524,954 9,611,201 13,535,014
Other                 4,127,377 4,045,811 3,804,805
Income before income taxes 3,210,110 4,202,741 3,239,206 2,665,870 905,926 2,316,595 2,332,036 2,512,835      
Provision for income taxes 704,476 802,431 723,024 449,854 (40,284) 418,819 448,653 407,990 2,679,785 1,235,178 1,683,158
Net income available to common shareholders $ 2,505,634 $ 3,400,310 $ 2,516,182 $ 2,216,016 $ 946,210 $ 1,897,776 $ 1,883,383 $ 2,104,845 10,638,142 6,832,214 9,415,090
Parent Company [Member]                      
Dividends from subsidiary bank                 5,000,000 2,500,000 8,000,000
Net gain (loss) on foreclosed assets                 26,259 74,716 0
Other                 10,216 22,515 40,855
Revenues, Total                 5,036,475 2,597,231 8,040,855
Interest expense                 1,050,000 716,070 362,079
Other                 2,481,173 1,839,930 2,439,799
Costs and Expenses, Total                 3,531,173 2,556,000 2,801,878
Income before income taxes                 1,505,302 41,231 5,238,977
Provision for income taxes                 (711,666) (681,092) (721,649)
Income before equity in undistributed earnings of subsidiaries                 2,216,968 722,323 5,960,626
Equity in undistributed income of subsidiaries                 8,421,174 6,109,891 3,454,464
Net income available to common shareholders                 $ 10,638,142 $ 6,832,214 $ 9,415,090