Loans Receivable, Net (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table shows non-accrual loans by category at March 31, 2017 compared to December 31, 2016:



	March 31, 2017				December 31, 2016				$			%
	Amount		Percent ⁽¹⁾		Amount		Percent ⁽¹⁾		Increase (Decrease)			Increase (Decrease)
Non-accrual Loans:
Residential Real Estate	$	2,444,727	0.67	%	$	2,488,158	0.68	%	$	(43,431	)	(1.7	)%
Consumer	384,999		0.11		241,571		0.07		143,428			59.4
Commercial Business	145,401		0.04		145,401		0.04		—			—
Commercial Real Estate	3,302,649		0.91		2,639,837		0.73		662,812			25.1
Total Non-accrual Loans	$	6,277,776	1.73	%	$	5,514,967	1.52	%	$	762,809		13.8	%

^{(1) PERCENT OF TOTAL LOANS HELD FOR INVESTMENT, NET OF DEFERRED FEES AND LOANS IN PROCESS.}

Impaired Financing Receivables [Table Text Block]

The following tables present information related to impaired loans by loan category at March 31, 2017 and December 31, 2016 and for the three months ended March 31, 2017 and 2016.



	March 31, 2017						December 31, 2016
Impaired Loans	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
With No Related Allowance Recorded:
Residential Real Estate	$	2,142,492	$	2,223,992	$	—	$	2,181,740	$	2,263,240	$	—
Consumer	106,732		115,032		—		110,114		118,414		—
Commercial Business	145,401		995,401		—		145,401		995,401		—
Commercial Real Estate	5,788,897		7,141,884		—		5,424,701		7,207,688		—
With An Allowance Recorded:
Consumer	59,300		59,300		1,295		60,438		60,438		1,699
Commercial Real Estate	393,108		406,121		57		405,640		418,654		12,590
Total
Residential Real Estate	2,142,492		2,223,992		—		2,181,740		2,263,240		—
Consumer	166,032		174,332		1,295		170,552		178,852		1,699
Commercial Business	145,401		995,401		—		145,401		995,401		—
Commercial Real Estate	6,182,005		7,548,005		57		5,830,341		7,626,342		12,590
Total	$	8,635,930	$	10,941,730	$	1,352	$	8,328,034	$	11,063,835	$	14,289



	Three Months Ended March 31,
	2017				2016
Impaired Loans	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With No Related Allowance Recorded:
Residential Real Estate	$	2,243,655	$	—	$	2,813,696	$	447
Consumer	108,424		—		299,998		—
Commercial Business	145,401		—		158,601		—
Commercial Real Estate	5,817,309		38,632		8,432,619		91,860
With An Allowance Recorded:
Consumer	60,027		—		63,061		1,555
Commercial Real Estate	398,329		6,514		775,514		1,424
Total
Residential Real Estate	2,243,655		—		2,813,696		447
Consumer	168,451		—		363,059		1,555
Commercial Business	145,401		—		158,601		—
Commercial Real Estate	6,215,638		45,146		9,208,133		93,284
Total	$	8,773,145	$	45,146	$	12,543,489	$	95,286

8. Loans Receivable, Net, Continued

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]

The following tables show the activity in the allowance for loan losses by category for the three months ended March 31, 2017 and 2016:



	Three Months Ended March 31, 2017
	Residential Real Estate			Consumer			Commercial Business			Commercial Real Estate			Total
Beginning Balance	$	1,360,346		$	996,620		$	882,999		$	5,116,266		$	8,356,231
Provision for Loan Losses	110,338			100,554			87,379			(298,271		)	—
Charge-Offs	(6,517		)	(23,611		)	(5,890		)	—			(36,018		)
Recoveries	750			27,141			—			29,795			57,686
Ending Balance	$	1,464,917		$	1,100,704		$	964,488		$	4,847,790		$	8,377,899




	Three Months Ended March 31, 2016
	Residential Real Estate		Consumer			Commercial Business		Commercial Real Estate			Total
Beginning Balance	$	1,323,183	$	1,063,153		$	773,948	$	5,114,849		$	8,275,133
Provision for Loan Losses	76,520		48,967			29,198		(154,685		)	—
Charge-Offs	—		(94,429		)	—		(71,200		)	(165,629		)
Recoveries	—		24,839			—		138,961			163,800
Ending Balance	$	1,399,703	$	1,042,530		$	803,146	$	5,027,925		$	8,273,304

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Loans receivable, net, consisted of the following as of the dates indicated below:



	March 31, 2017		December 31, 2016
Residential Real Estate Loans	$	76,972,000	$	77,979,909
Consumer Loans	52,757,758		50,667,894
Commercial Business Loans	20,648,029		16,279,177
Commercial Real Estate Loans	215,511,636		222,599,294
Total Loans Held For Investment	365,889,423		367,526,274
Loans Held For Sale	1,118,752		4,243,907
Total Loans Receivable, Gross	367,008,175		371,770,181
Less:
Allowance For Loan Losses	8,377,899		8,356,231
Loans In Process	3,226,665		3,526,064
Deferred Loan Fees	178,859		165,040
	11,783,423		12,047,335
Total Loans Receivable, Net	$	355,224,752	$	359,722,846

Schedule of Allowance for Loan Losses

Financing Receivable Credit Quality Indicators [Table Text Block]

the dates presented.



	Credit Quality Measures
March 31, 2017	Pass		Caution		Special Mention		Substandard		Total Loans
Residential Real Estate	$	68,890,706	$	802,296	$	1,598,816	$	5,680,182	$	76,972,000
Consumer	48,528,533		2,595,900		259,085		1,374,240		52,757,758
Commercial Business	17,779,454		1,533,654		853,788		481,133		20,648,029
Commercial Real Estate	121,152,619		71,200,808		18,199,712		4,958,497		215,511,636
Total	$	256,351,312	$	76,132,658	$	20,911,401	$	12,494,052	$	365,889,423



	Credit Quality Measures
December 31, 2016	Pass		Caution		Special Mention		Substandard		Total Loans
Residential Real Estate	$	70,503,057	$	665,235	$	1,082,928	$	5,728,689	$	77,979,909
Consumer	46,818,650		2,591,860		6,357		1,251,027		50,667,894
Commercial Business	14,731,698		1,002,170		50,081		495,228		16,279,177
Commercial Real Estate	127,068,983		71,927,031		18,153,718		5,449,562		222,599,294
Total	$	259,122,388	$	76,186,296	$	19,293,084	$	12,924,506	$	367,526,274

Past Due Financing Receivables [Table Text Block]

The following tables present an age analysis of past due balances by category at March 31, 2017 and December 31, 2016:



March 31, 2017	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans Receivable
Residential Real Estate	$	1,002,105	$	42,576	$	2,444,727	$	3,489,408	$	73,482,592	$	76,972,000
Consumer	659,784		57,087		384,999		1,101,870		51,655,888		52,757,758
Commercial Business	65,900		—		145,401		211,301		20,436,728		20,648,029
Commercial Real Estate	1,974,866		157,883		3,302,649		5,435,398		210,076,238		215,511,636
Total	$	3,702,655	$	257,546	$	6,277,776	$	10,237,977	$	355,651,446	$	365,889,423



December 31, 2016	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans Receivable
Residential Real Estate	$	653,858	$	—	$	2,488,158	$	3,142,016	$	74,837,893	$	77,979,909
Consumer	625,178		119,640		241,571		986,389		49,681,505		50,667,894
Commercial Business	536,492		69,256		145,401		751,149		15,528,028		16,279,177
Commercial Real Estate	1,719,758		256,285		2,639,837		4,615,880		217,983,414		222,599,294
Total	$	3,535,286	$	445,181	$	5,514,967	$	9,495,434	$	358,030,840	$	367,526,274

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following tables present information related to impaired loans evaluated individually and collectively for impairment in the allowance for loan losses at the dates indicated:



	Allowance For Loan Losses
March 31, 2017	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	—	$	1,464,917	$	1,464,917
Consumer	1,295		1,099,409		1,100,704
Commercial Business	—		964,488		964,488
Commercial Real Estate	57		4,847,733		4,847,790
Total	$	1,352	$	8,376,547	$	8,377,899



	Allowance For Loan Losses
December 31, 2016	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	—	$	1,360,346	$	1,360,346
Consumer	1,699		994,921		996,620
Commercial Business	—		882,999		882,999
Commercial Real Estate	12,590		5,103,676		5,116,266
Total	$	14,289	$	8,341,942	$	8,356,231



	Loans Receivable
March 31, 2017	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	2,142,492	$	74,829,508	$	76,972,000
Consumer	166,032		52,591,726		52,757,758
Commercial Business	145,401		20,502,628		20,648,029
Commercial Real Estate	6,182,005		209,329,631		215,511,636
Total	$	8,635,930	$	357,253,493	$	365,889,423



	Loans Receivable
December 31, 2016	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	2,181,740	$	75,798,169	$	77,979,909
Consumer	170,552		50,497,342		50,667,894
Commercial Business	145,401		16,133,776		16,279,177
Commercial Real Estate	5,830,341		216,768,953		222,599,294
Total	$	8,328,034	$	359,198,240	$	367,526,274