Deposits (Tables)

12 Months Ended

Dec. 31, 2015

Banking and Thrift [Abstract]

Deposits outstanding by type

Deposits outstanding by type of account are summarized as follows:

	At December 31, 2015				At December 31, 2014
	Balance		Weighted Rate	Interest Rate Range	Balance		Weighted Rate	Interest Rate Range
Checking Accounts	$	155,765,968	0.03%	0.00-0.20%	$	143,422,150	0.03%	0.00-0.15%
Money Market Accounts	229,016,993		0.16%	0.10-0.17%	234,819,052		0.19%	0.10-0.20%
Statement Savings Accounts	31,191,828		0.10%	0.00-0.10%	28,622,933		0.10%	0.00-0.10%
Total	$	415,974,789	0.11%	0.00-0.20%	$	406,864,135	0.13%	0.00-0.20%
Certificate Accounts:
0.00 – 0.99%	$	175,755,511			$	185,458,344
1.00 – 1.99%	51,479,431				42,014,738
2.00 – 2.99%	8,886,814				25,605,349
3.00 – 3.99%	—				172,598
Total	$	236,121,756	0.69%	0.04-2.52%	$	253,251,029	0.79%	0.05-3.01%
Total Deposits	$	652,096,545	0.32%	0.00-2.52%	$	660,115,164	0.38%	0.00-3.01%

Amounts and scheduled maturities of all certificates of deposit

The amounts and scheduled maturities of all certificates of deposit are as follows:

	At December 31,
	2015		2014
Within 1 Year	$	141,385,500	$	142,490,027
After 1 Year, Within 2 Years	56,022,488		57,481,254
After 2 Years, Within 3 Years	23,139,815		22,273,310
After 3 Years, Within 4 Years	9,179,894		18,114,738
After 4 Years, Within 5 Years	6,394,059		12,891,700
	$	236,121,756	$	253,251,029