XML 93 R77.htm IDEA: XBRL DOCUMENT v3.22.1
INCOME TAXES - Summary of deferred tax assets and liabilities (Detail) - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Deferred tax assets:    
Allowance for loan losses $ 605,257 $ 629,994
Deferred compensation 818,588 706,899
Directors’ and officers’ retirement plans 113,322 146,077
ESOP plans 56,603  
Stock equity plans 75,659  
Federal NOL carryforward 398,701  
Depreciation 42,535 13,952
Charitable Foundation Contribution 552,997 691,365
Other 41,186 26,694
Deferred tax assets, gross 2,704,848 2,214,981
Deferred tax liabilities:    
Loan fees/costs 633,792 537,069
Purchase accounting 182,992  
Net unrealized gain on securities available for sale 6,709 39,324
Deferred tax liabilities, gross 823,493 576,393
Net deferred tax asset $ 1,881,355 $ 1,638,588