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Subordinated Debentures (Tables)
12 Months Ended
Dec. 31, 2018
Subordinated Borrowings [Abstract]  
Schedule of Subordinated Debentures [Table Text Block]

The following table summarizes the mandatory redeemable trust preferred securities of the Company’s Statutory Trust II at December 31, 2018 and December 31, 2017.

 

Issuance Date  Securities
Issued
   Liquidation Value  Coupon Rate  Maturity  Redeemable by
Issuer Beginning
12/19/2003  $5,000,000   $1,000 per Capital Security  Floating 3-month LIBOR + 285 Basis Points  01/23/2034  01/23/2009