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Note 3 - Investment Securities: Schedule of amortized cost and estimated fair values of debt securities (Tables)
6 Months Ended
Jun. 30, 2020
Tables/Schedules  
Schedule of amortized cost and estimated fair values of debt securities

 

 

As of June 30, 2020

 

As of December 31, 2019

                                                                                  

 

Amortized

Cost

 

Estimated

Fair

Value

 

 

Amortized

Cost

 

Estimated

Fair

Value

Available-for-Sale

 

                        

 

                        

 

                        

 

                        

Obligations of states and political subdivisions 

 

$196,852,116

 

$211,741,506

 

$192,240,250

 

$204,012,197

Corporate securities 

 

130,316

 

298,932

 

130,316

 

445,325

 

 

$196,982,432

 

$212,040,438

 

$192,370,566

 

$204,457,522

 

 

 

 

 

 

 

 

 

Held to Maturity

 

 

 

 

 

 

 

 

Obligations of states and political subdivisions 

 

$379,788

 

$387,161

 

$380,561

 

$389,520