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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and due from financial institutions $ 3,111,858us-gaap_CashAndDueFromBanks $ 3,758,535us-gaap_CashAndDueFromBanks
Interest-bearing deposits in other financial institutions 4,823,664us-gaap_InterestBearingDepositsInBanks 13,374,206us-gaap_InterestBearingDepositsInBanks
Cash and cash equivalents 7,935,522us-gaap_CashAndCashEquivalentsAtCarryingValue 17,132,741us-gaap_CashAndCashEquivalentsAtCarryingValue
Securities available for sale (at fair value) 31,691,369us-gaap_AvailableForSaleSecurities 31,230,246us-gaap_AvailableForSaleSecurities
Loans held for sale 147,900us-gaap_LoansReceivableHeldForSaleAmount 240,055us-gaap_LoansReceivableHeldForSaleAmount
Loans 129,787,133us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome 131,554,244us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Less: Allowance for loan losses 1,978,172us-gaap_LoansAndLeasesReceivableAllowance 2,809,642us-gaap_LoansAndLeasesReceivableAllowance
Net loans 127,808,961us-gaap_LoansAndLeasesReceivableNetReportedAmount 128,744,602us-gaap_LoansAndLeasesReceivableNetReportedAmount
Federal Home Loan Bank stock (at cost) 388,400us-gaap_FederalHomeLoanBankStock 450,800us-gaap_FederalHomeLoanBankStock
Premises and equipment, net 9,080,781us-gaap_PropertyPlantAndEquipmentNet 9,145,467us-gaap_PropertyPlantAndEquipmentNet
Accrued interest receivable 418,249us-gaap_InterestReceivable 466,538us-gaap_InterestReceivable
Foreclosed assets 2,238,997us-gaap_ForeclosedAssets 2,558,299us-gaap_ForeclosedAssets
Net deferred tax asset 3,995,877us-gaap_DeferredTaxAssetsLiabilitiesNet 0us-gaap_DeferredTaxAssetsLiabilitiesNet
Other assets 971,391us-gaap_OtherAssets 810,590us-gaap_OtherAssets
Total assets 184,677,447us-gaap_Assets 190,779,338us-gaap_Assets
Deposits    
Non-interest-bearing 34,215,744us-gaap_NoninterestBearingDepositLiabilities 33,313,136us-gaap_NoninterestBearingDepositLiabilities
Interest-bearing 127,089,696us-gaap_InterestBearingDepositLiabilities 138,626,729us-gaap_InterestBearingDepositLiabilities
Total deposits 161,305,440us-gaap_Deposits 171,939,865us-gaap_Deposits
Federal funds purchased and repurchase agreements 8,610,621us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 8,428,046us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
Notes payable 1,280,000us-gaap_NotesPayable 1,280,000us-gaap_NotesPayable
Subordinated debentures 4,500,000us-gaap_SubordinatedDebt 4,500,000us-gaap_SubordinatedDebt
Accrued expenses and other liabilities 900,449us-gaap_AccruedLiabilitiesCurrentAndNoncurrent 968,558us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
Total liabilities 176,596,510us-gaap_Liabilities 187,116,469us-gaap_Liabilities
Shareholders' equity    
Preferred Stock, no par value: 1,000,000 shares authorized and none issued 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common Stock, no par value: 9,000,000 shares authorized; 1,468,800 issued and outstanding 13,296,691us-gaap_CommonStockValue 13,296,691us-gaap_CommonStockValue
Retained deficit (4,944,867)us-gaap_RetainedEarningsAccumulatedDeficit (9,276,599)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (270,887)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (357,223)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders’ equity 8,080,937us-gaap_StockholdersEquity 3,662,869us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity $ 184,677,447us-gaap_LiabilitiesAndStockholdersEquity $ 190,779,338us-gaap_LiabilitiesAndStockholdersEquity