Loans Receivable, Net (Tables)

3 Months Ended

Mar. 31, 2018

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

The following table shows non-accrual loans by category at March 31, 2018 compared to December 31, 2017:



	March 31, 2018				December 31, 2017				$			%
	Amount		Percent ⁽¹⁾		Amount		Percent ⁽¹⁾		Increase (Decrease)			Increase (Decrease)
Non-accrual Loans:
Residential Real Estate	$	2,019,106	0.5	%	$	1,948,524	0.5	%	$	70,582		3.6%
Consumer	322,268		0.1		318,926		0.1		$	3,342		1.0
Commercial Business	95,001		—		109,401		—		(14,400		)	(13.2)
Commercial Real Estate	4,144,839		1.0		3,340,904		0.8		803,935			24.1
Total Non-accrual Loans	$	6,581,214	1.6	%	$	5,717,755	1.5	%	$	863,459		15.1%

^{(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, 2018 and December 31, 2017 and for the three months ended March 31, 2018 and 2017.



	March 31, 2018						December 31, 2017
Impaired Loans	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
With No Related Allowance Recorded:
Residential Real Estate	$	1,685,497	$	2,212,677	$	—	$	1,883,741	$	2,333,741	$	—
Consumer	178,778		246,588		—		181,617		209,427		—
Commercial Business	90,001		985,001		—		100,401		950,401		—
Commercial Real Estate	6,582,213		7,973,300		—		6,276,547		7,583,847		—
With an Allowance Recorded:
Commercial Real Estate	253,905		253,905		102,756		—		—		—
Total
Residential Real Estate	1,685,497		2,212,677		—		1,883,741		2,333,741		—
Consumer	178,778		246,588		—		181,617		209,427		—
Commercial Business	90,001		985,001		—		100,401		950,401		—
Commercial Real Estate	6,836,118		8,227,205		102,756		6,276,547		7,583,847		—
Total	$	8,790,394	$	11,671,471	$	102,756	$	8,442,306	$	11,077,416	$	—



	Three Months Ended March 31,
	2018				2017
Impaired Loans	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With No Related Allowance Recorded:
Residential Real Estate	$	1,757,575	$	—	$	2,243,655	$	—
Consumer	180,610		—		108,424		—
Commercial Business	96,401		—		145,401		—
Commercial Real Estate	6,625,186		37,207		5,817,309		38,632
With an Allowance Recorded:
Consumer	—		—		60,027		—
Commercial Real Estate	253,905		340		398,329		6,514
Total
Residential Real Estate	1,757,575		—		2,243,655		—
Consumer	180,610		—		168,451		—
Commercial Business	96,401		—		145,401		—
Commercial Real Estate	6,879,091		37,547		6,215,638		45,146
Total	$	8,913,677	$	37,547	$	8,773,145	$	45,146

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, 2018 and 2017:



	Three Months Ended March 31, 2018
	Residential Real Estate			Consumer			Commercial Business			Commercial Real Estate			Total
Beginning Balance	$	1,233,843		$	1,144,815		$	1,011,227		$	4,831,733		$	8,221,618
Provision for Loan Losses	(15,445		)	(112,933		)	138,940			(10,562		)	—
Charge-Offs	(11,351		)	(17,252		)	(21,487		)	—			(50,090		)
Recoveries	207			27,520			—			4,761			32,488
Ending Balance	$	1,207,254		$	1,042,150		$	1,128,680		$	4,825,932		$	8,204,016



	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

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, 2018		December 31, 2017
Residential Real Estate Loans	$	83,589,911	$	81,255,167
Consumer Loans	56,987,930		56,761,695
Commercial Business Loans	27,418,240		26,777,893
Commercial Real Estate Loans	260,934,120		237,814,628
Total Loans Held For Investment	428,930,201		402,609,383
Loans Held For Sale	2,407,478		3,051,950
Total Loans Receivable, Gross	$	431,337,679	$	405,661,333
Less:
Allowance For Loan Losses	8,204,016		8,221,618
Loans In Process	6,485,095		6,804,533
Deferred Loan Fees	183,307		141,985
	14,872,418		15,168,136
Total Loans Receivable, Net	$	416,465,261	$	390,493,197

Schedule of Allowance for Loan Losses

Financing Receivable Credit Quality Indicators [Table Text Block]

The tables below summarize the balance within each risk category by loan type, excluding loans held for sale, at March 31, 2018 and December 31, 2017.



March 31, 2018	Pass		Caution		Special Mention		Substandard		Total Loans
Residential Real Estate	$	76,150,747	$	2,371,703	$	1,373,452	$	3,694,009	$	83,589,911
Consumer	52,494,595		2,017,966		333,232		2,142,137		56,987,930
Commercial Business	23,898,935		2,159,204		741,347		618,754		27,418,240
Commercial Real Estate	175,923,588		52,257,154		26,210,285		6,543,093		260,934,120
Total	$	328,467,865	$	58,806,027	$	28,658,316	$	12,997,993	$	428,930,201



December 31, 2017	Pass		Caution		Special Mention		Substandard		Total Loans
Residential Real Estate	$	73,225,237	$	2,352,536	$	1,384,222	$	4,293,172	$	81,255,167
Consumer	52,249,017		1,862,340		344,361		2,305,977		56,761,695
Commercial Business	23,396,550		2,066,749		767,048		547,546		26,777,893
Commercial Real Estate	158,232,465		53,798,061		21,269,279		4,514,823		237,814,628
Total	$	307,103,269	$	60,079,686	$	23,764,910	$	11,661,518	$	402,609,383

Past Due Financing Receivables [Table Text Block]

The following tables present an age analysis of past due balances, including loans on non-accrual status, by category at March 31, 2018 and December 31, 2017:



	March 31, 2018
	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	$	779,645	$	—	$	982,293	$	1,761,938	$	81,827,973	$	83,589,911
Consumer	976,440		56,511		127,939		1,160,890		55,827,040		56,987,930
Commercial Business	287,093		110,527		5,000		402,620		27,015,620		27,418,240
Commercial Real Estate	2,718,387		2,225,386		2,030,087		6,973,860		253,960,260		260,934,120
Total	$	4,761,565	$	2,392,424	$	3,145,319	$	10,299,308	$	418,630,893	$	428,930,201



	December 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	$	395,763	$	—	$	948,875	$	1,344,638	$	79,910,529	$	81,255,167
Consumer	604,809		85,178		182,757		872,744		55,888,951		56,761,695
Commercial Business	185,526		102,244		—		287,770		26,490,123		26,777,893
Commercial Real Estate	2,207,655		364,515		1,919,292		4,491,462		233,323,166		237,814,628
Total	$	3,393,753	$	551,937	$	3,050,924	$	6,996,614	$	395,612,769	$	402,609,383

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



	Loans Receivable
March 31, 2018	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	1,685,496	$	81,904,415	$	83,589,911
Consumer	178,778		56,809,152		56,987,930
Commercial Business	90,001		27,328,239		27,418,240
Commercial Real Estate	6,836,118		254,098,002		260,934,120
Total	$	8,790,393	$	420,139,808	$	428,930,201



	Loans Receivable
December 31, 2017	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	1,883,741	$	79,371,426	$	81,255,167
Consumer	181,617		56,580,078		56,761,695
Commercial Business	100,401		26,677,492		26,777,893
Commercial Real Estate	6,276,547		231,538,081		237,814,628
Total	$	8,442,306	$	394,167,077	$	402,609,383

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, 2018	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	—	$	1,207,254	$	1,207,254
Consumer	—		1,042,150		1,042,150
Commercial Business	—		1,128,680		1,128,680
Commercial Real Estate	102,756		4,723,176		4,825,932
Total	$	102,756	$	8,101,260	$	8,204,016



	Allowance For Loan Losses
December 31, 2017	Individually Evaluated For Impairment		Collectively Evaluated For Impairment		Total
Residential Real Estate	$	—	$	1,233,843	$	1,233,843
Consumer	—		1,144,815		1,144,815
Commercial Business	—		1,011,227		1,011,227
Commercial Real Estate	—		4,831,733		4,831,733
Total	$	—	$	8,221,618	$	8,221,618