Subsequent Event

12 Months Ended

Dec. 31, 2018

Subsequent Events [Abstract]

Subsequent event

Subsequent event:

The Company has evaluated subsequent events through March 12, 2019, the date these financial statements were available to be issued.

As disclosed in Note 9, "Mortgage servicing rights," the Company closed on the sale of $29,416 of mortgage servicing rights on $2,034,374 of serviced mortgage loans. The Company will continue to service a portion of the loans until they can be transferred to the purchaser. No significant gain or loss was recognized related to this transaction.

There were no other subsequent events, other than what was disclosed above, that occurred after December 31, 2018, but prior to the issuance of these financial statements that would have a material impact on the Company’s consolidated financial statements.