Loans Receivable, Net (Tables)

6 Months Ended

Jun. 30, 2017

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

The following table shows non-accrual loans by category at June 30, 2017 compared to December 31, 2016:



	June 30, 2017				December 31, 2016				$		%
	Amount		Percent ⁽¹⁾		Amount		Percent ⁽¹⁾		Increase (Decrease)		Increase (Decrease)
Non-accrual Loans:
Residential Real Estate	$	2,643,584	0.73	%	$	2,488,158	0.68	%	$	155,426	6.2	%
Consumer	440,277		0.12		241,571		0.07		$	198,706	82.3	%
Commercial Business	180,705		0.05		145,401		0.04		35,304		24.3
Commercial Real Estate	4,442,010		1.22		2,639,837		0.73		1,802,173		68.3
Total Non-accrual Loans	$	7,706,576	2.12	%	$	5,514,967	1.52	%	$	2,191,609	39.7	%

^{(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 June 30, 2017 and December 31, 2016 and for the three and six months ended June 30, 2017 and 2016.



	June 30, 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	$	2,492,298	$	2,492,298	$	—	$	2,181,740	$	2,263,240	$	—
Consumer	104,492		112,792		—		110,114		118,414		—
Commercial Business	145,401		995,401		—		145,401		995,401		—
Commercial Real Estate	7,100,151		8,361,152		—		5,424,701		7,207,688		—
With An Allowance Recorded:
Consumer	—		—		—		60,438		60,438		1,699
Commercial Real Estate	267,966		508,966		19,566		405,640		418,654		12,590
Total
Residential Real Estate	2,492,298		2,492,298		—		2,181,740		2,263,240		—
Consumer	104,492		112,792		—		170,552		178,852		1,699
Commercial Business	145,401		995,401		—		145,401		995,401		—
Commercial Real Estate	7,368,117		8,870,118		19,566		5,830,341		7,626,342		12,590
Total	$	10,110,308	$	12,470,609	$	19,566	$	8,328,034	$	11,063,835	$	14,289

8. Loans Receivable, Net, Continued



	Three Months Ended June 30,
	2017				2016
Impaired Loans	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With No Related Allowance Recorded:
Residential Real Estate	$	2,639,699	$	22,563	$	2,662,040	$	—
Consumer	149,953		—		289,655		—
Commercial Business	145,401		—		149,801		—
Commercial Real Estate	7,192,652		68,515		6,675,462		31,353
With An Allowance Recorded:
Consumer	—		—		62,323		1,144
Commercial Real Estate	252,450		—		434,101		—
Total
Residential Real Estate	2,639,699		22,563		2,662,040		—
Consumer	149,953		—		351,978		1,144
Commercial Business	145,401		—		149,801		—
Commercial Real Estate	7,445,102		68,515		7,109,563		31,353
Total	$	10,380,155	$	91,078	$	10,273,382	$	32,497



	Six Months Ended June 30,
	2017				2016
Impaired Loans	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With No Related Allowance Recorded:
Residential Real Estate	$	2,816,097	$	23,113	$	2,790,857	$	447
Consumer	158,227		—		296,075		—
Commercial Business	145,401		—		154,316		—
Commercial Real Estate	7,314,836		115,288		8,632,348		93,284
With An Allowance Recorded:
Consumer	—		—		62,693		1,555
Commercial Real Estate	250,234		—		437,943		—
Total
Residential Real Estate	2,816,097		23,113		2,790,857		447
Consumer	158,227		—		358,768		1,555
Commercial Business	145,401		—		154,316		—
Commercial Real Estate	7,565,070		115,288		9,070,291		93,284
Total	$	10,684,795	$	138,401	$	12,374,232	$	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 and six months ended June 30, 2017 and 2016:



	Three Months Ended June 30, 2017
	Residential Real Estate			Consumer			Commercial Business			Commercial Real Estate			Total
Beginning Balance	$	1,464,917		$	1,100,704		$	964,488		$	4,847,790		$	8,377,899
Provision for Loan Losses	50,008			23,765			(83,847		)	10,074			—
Charge-Offs	(64,986		)	(18,244		)	1			(136,000		)	(219,229		)
Recoveries	237			16,248			—			27,477			43,962
Ending Balance	$	1,450,176		$	1,122,473		$	880,642		$	4,749,341		$	8,202,632



	Six Months Ended June 30, 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	160,346			124,319			3,532			(288,197		)	—
Charge-Offs	(71,503		)	(41,855		)	(5,889		)	(136,000		)	(255,247		)
Recoveries	987			43,389			—			57,272			101,648
Ending Balance	$	1,450,176		$	1,122,473		$	880,642		$	4,749,341		$	8,202,632



	Three Months Ended June 30, 2016
	Residential Real Estate		Consumer			Commercial Business		Commercial Real Estate			Total
Beginning Balance	$	1,399,703	$	1,042,530		$	803,146	$	5,027,925		$	8,273,304
Provision for Loan Losses	52,888		104,830			62,721		(220,439		)	—
Charge-Offs	—		(59,452		)	—		(131,418		)	(190,870		)
Recoveries	10,045		28,068			—		274,667			312,780
Ending Balance	$	1,462,636	$	1,115,976		$	865,867	$	4,950,735		$	8,395,214



	Six Months Ended June 30, 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	129,408		153,797			91,919		(375,124		)	—
Charge-Offs	—		(153,881		)	—		(202,618		)	(356,499		)
Recoveries	10,045		52,907			—		413,628			476,580
Ending Balance	$	1,462,636	$	1,115,976		$	865,867	$	4,950,735		$	8,395,214

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

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



	June 30, 2017		December 31, 2016
Residential Real Estate Loans	$	76,954,021	$	77,979,909
Consumer Loans	53,672,884		50,667,894
Commercial Business Loans	22,013,710		16,279,177
Commercial Real Estate Loans	216,564,464		222,599,294
Total Loans Held For Investment	369,205,079		367,526,274
Loans Held For Sale	3,678,021		4,243,907
Total Loans Receivable, Gross	$	372,883,100	$	371,770,181
Less:
Allowance For Loan Losses	8,202,632		8,356,231
Loans In Process	4,569,760		3,526,064
Deferred Loan Fees	148,197		165,040
	12,920,589		12,047,335
Total Loans Receivable, Net	$	359,962,511	$	359,722,846

Schedule of Allowance for Loan Losses

Financing Receivable Credit Quality Indicators [Table Text Block]

The following tables list the loan grades used by the Company as credit quality indicators and the balance for each loan category at the dates presented, excluding loans held for sale.



	Credit Quality Measures
June 30, 2017	Pass		Caution		Special Mention		Substandard		Total Loans
Residential Real Estate	$	67,467,948	$	2,173,366	$	1,388,484	$	5,924,223	$	76,954,021
Consumer	49,165,277		1,730,399		256,683		2,520,525		53,672,884
Commercial Business	18,551,832		1,959,832		880,216		621,830		22,013,710
Commercial Real Estate	137,546,053		55,142,285		18,313,257		5,562,869		216,564,464
Total	$	272,731,110	$	61,005,882	$	20,838,640	$	14,629,447	$	369,205,079



	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 June 30, 2017 and December 31, 2016:



	June 30, 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	$	—	$	971,976	$	2,643,584	$	3,615,560	$	73,338,461	$	76,954,021
Consumer	431,862		193,376		440,277		1,065,515		52,607,369		53,672,884
Commercial Business	50,343		179,818		180,705		410,866		21,602,844		22,013,710
Commercial Real Estate	849,079		80,509		4,442,010		5,371,598		211,192,866		216,564,464
Total	$	1,331,284	$	1,425,679	$	7,706,576	$	10,463,539	$	358,741,540	$	369,205,079



	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]



	Loans Receivable
June 30, 2017	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	2,492,298	$	74,461,723	$	76,954,021
Consumer	104,492		53,568,392		53,672,884
Commercial Business	145,401		21,868,309		22,013,710
Commercial Real Estate	7,368,117		209,196,347		216,564,464
Total	$	10,110,308	$	359,094,771	$	369,205,079



	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

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
June 30, 2017	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	—	$	1,450,176	$	1,450,176
Consumer	—		1,122,473		1,122,473
Commercial Business	—		880,642		880,642
Commercial Real Estate	19,566		4,729,775		4,749,341
Total	$	19,566	$	8,183,066	$	8,202,632



	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