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19) Derivative Instruments: Schedule of Fair Values and Notional Amounts of Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2019
Tables/Schedules  
Schedule of Fair Values and Notional Amounts of Derivative Instruments

 

 

Fair Values and Notional Amounts of Derivative Instruments

 

 

 

December 31, 2019

 

December 31, 2018

 

Balance Sheet Location

 

Notional Amount

 

Asset Fair Value

 

Liability Fair Value

 

Notional Amount

 

Asset Fair Value

 

Liability Fair Value

Derivatives not designated as hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan commitments

Other assets and Other liabilities

 

$224,202,514

 

$2,722,580

 

$231,347

 

$  93,758,218

 

$1,969,967

 

$378,151

Call options

Other liabilities

 

      1,813,500

 

--

 

    62,265

 

         805,500

 

--

 

      4,629

Put options

Other liabilities

 

      1,573,100

 

--

 

    22,282

 

      4,861,700

 

--

 

  296,053

Total

 

 

$225,326,654

 

$2,722,580

 

$315,894

 

$  99,425,418

 

$1,969,967

 

$678,833