Loan Servicing (Details Narrative) - USD ($) |
12 Months Ended | |
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Dec. 31, 2021 |
Dec. 31, 2020 |
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Loan Servicing | ||
Unpaid principal balances of mortgage loans serviced for others | $ 151,198,760 | $ 164,610,868 |
Net gain realized on the sale of loans | $ 540,540 | $ 1,027,175 |
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- References No definition available.
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- Definition The gains (losses) included in earnings that represent the difference between the sale price and the carrying value of loans made to finance real estate acquisitions. This element refers to the gain (loss) and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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