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Loans Receivable, Net (Tables)
 6 Months Ended
Jun. 30, 2021
Loans Receivable, Net [Abstract] (Deprecated 2019-01-31)  
Financing Receivable, Nonaccrual [Table Text Block]
The following table shows non-accrual loans by category at June 30, 2021 compared to December 31, 2020:
 June 30, 2021December 31, 2020(Decrease) Increase
 Amount
Percent (1)
Amount
Percent (1)
$%
Non-accrual Loans:      
Residential Real Estate$1,361,321 0.3 %$1,682,240 0.4 %$(320,919)(19.1)%
Consumer300,020 0.1 402,878 0.1 (102,858)(25.5)
Commercial Business89,250 — 100,408 — (11,158)(11.1)
Commercial Real Estate1,307,600 0.3 939,946 0.2 367,654 39.1
Total Non-accrual Loans$3,058,191 0.7 %$3,125,472 0.7 %$(67,281)(2.2)%
(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, 2021 and December 31, 2020 and for the six months ended June 30, 2021 and 2020. There was no allowance recorded related to any impaired loans at June 30, 2021 and December 31, 2020.
June 30, 2021December 31, 2020
Impaired LoansRecorded
Investment		Unpaid
Principal
Balance		Related
Allowance		Recorded
Investment		Unpaid
Principal
Balance		 
Related
Allowance
Residential Real Estate$1,122,369 $1,122,369 $— $1,284,303 $1,284,303 $— 
Consumer 154,465 162,765 — 161,869 170,169 — 
Commercial Business53,046 948,046 — 53,047 948,046 — 
Commercial Real Estate1,105,495 1,250,916 — 720,111 865,531 — 
Total$2,435,375 $3,484,096 $— $2,219,330 $3,268,049 $— 
Three Months Ended June 30,
20212020
Impaired LoansAverage Recorded InvestmentInterest Income
Recognized		Average Recorded
Investment		Interest Income
Recognized
With No Related Allowance Recorded:
Residential Real Estate$1,217,428 $— $1,826,881 $11,835 
Consumer155,905 — 178,355 — 
Commercial Business53,046 — 61,366 — 
Commercial Real Estate1,129,983 3,171 1,836,782 18,232 
Total$2,556,362 $3,171 $3,903,384 $30,067 
Six Months Ended June 30,
20212020
Impaired LoansAverage Recorded
Investment		Interest Income
Recognized		Average Recorded
Investment		Interest Income
Recognized
With No Related Allowance Recorded:
Residential Real Estate1,242,528 — 1,837,270 13,030 
Consumer157,694 — 180,340 — 
Commercial Business53,046 — 62,669 — 
Commercial Real Estate1,132,767 5,027 1,856,463 33,792 
Total$2,586,035 $5,027 $3,936,742 $46,822 
Financing Receivable, Troubled Debt Restructuring [Table Text Block] one
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, 2021December 31, 2020
Residential Real Estate Loans$80,071,994 $78,907,159 
Consumer Loans56,553,972 55,335,425 
Commercial Business Loans30,256,812 19,704,862 
Commercial Real Estate Loans309,876,227 299,299,647 
Paycheck Protection Program ("PPP") Loans58,858,887 47,105,618 
Total Loans Held For Investment535,617,892 500,352,711 
Loans Held For Sale4,778,107 5,693,400 
Total Loans Receivable, Gross540,395,999 506,046,111 
Less:
Allowance For Loan Losses11,423,760 12,842,896 
Loans in Process21,802,334 12,197,417 
Deferred Loan Fees3,883,254 1,838,426 
 37,109,348 26,878,739 
Total Loans Receivable, Net$503,286,651 $479,167,372 
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 June 30, 2021 and December 31, 2020.
June 30, 2021
 
Pass
 
Caution
Special Mention
 
Substandard
 
Total Loans
Residential Real Estate$66,014,607 $10,464,424 $567,409 $3,025,554 $80,071,994 
Consumer43,733,684 11,013,908 969,614 836,766 56,553,972 
Commercial Business21,820,910 8,136,793 68,402 230,707 30,256,812 
Commercial Real Estate228,033,904 60,486,268 16,861,345 4,494,710 309,876,227 
PPP58,858,887 — — — 58,858,887 
Total$418,461,992 $90,101,393 $18,466,770 $8,587,737 $535,617,892 
December 31, 2020
 
Pass
 
Caution
Special Mention
 
Substandard
 
Total Loans
Residential Real Estate$65,437,564 $9,675,300 $799,446 $2,994,849 $78,907,159 
Consumer42,926,887 10,525,814 891,107 991,617 55,335,425 
Commercial Business15,315,677 3,851,517 309,100 228,568 19,704,862 
Commercial Real Estate221,696,863 56,642,660 16,349,302 4,610,822 299,299,647 
PPP47,105,618 — — — 47,105,618 
Total$392,482,609 $80,695,291 $18,348,955 $8,825,856 $500,352,711 
Financing Receivable, Past Due [Table Text Block]
The tables below present an age analysis of past due balances by loan category at June 30, 2021 and December 31, 2020:
June 30, 2021
 
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$— $438,674 $151,481 $590,155 $79,481,839 $80,071,994 
Consumer182,207 5,150 73,991 261,348 56,292,624 56,553,972 
Commercial Business138,280 — — 138,280 30,118,532 30,256,812 
Commercial Real Estate2,335,647 607,619 530,089 3,473,355 306,402,872 309,876,227 
PPP— — — — 58,858,887 58,858,887 
Total$2,656,134 $1,051,443 $755,561 $4,463,138 $531,154,754 $535,617,892 

December 31, 2020
 
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$— $152,634 $160,152 $312,786 $78,594,373 $78,907,159 
Consumer292,498 30,610 91,870 414,978 54,920,447 55,335,425 
Commercial Business49,554 — 7,152 56,706 19,648,156 19,704,862 
Commercial Real Estate735,456 346,850 550,409 1,632,715 297,666,932 299,299,647 
PPP— — — — 47,105,618 47,105,618 
Total$1,077,508 $530,094 $809,583 $2,417,185 $497,935,526 $500,352,711 
Financing Receivable, Allowance for Credit Loss [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
June 30, 2021Individually Evaluated For ImpairmentCollectively Evaluated For Impairment
 
Total
Residential Real Estate$— $1,097,992 $1,097,992 
Consumer— 1,165,357 1,165,357 
Commercial Business— 1,559,281 1,559,281 
Commercial Real Estate— 7,601,130 7,601,130 
Total$— $11,423,760 $11,423,760 
 Allowance For Loan Losses
December 31, 2020Individually Evaluated For ImpairmentCollectively Evaluated For Impairment 
Total
Residential Real Estate$— $1,528,948 $1,528,948 
Consumer— 1,298,655 1,298,655 
Commercial Business— 1,165,033 1,165,033 
Commercial Real Estate— 8,850,260 8,850,260 
Total$— $12,842,896 $12,842,896 
 Loans Receivable
June 30, 2021Individually Evaluated For ImpairmentCollectively Evaluated For Impairment
 
Total
Residential Real Estate$1,122,369 $78,949,625 $80,071,994 
Consumer154,465 56,399,507 56,553,972 
Commercial Business53,046 30,203,766 30,256,812 
Commercial Real Estate1,105,495 308,770,732 309,876,227 
PPP— 58,858,887 58,858,887 
Total$2,435,375 $533,182,517 $535,617,892 
 Loans Receivable
December 31, 2020Individually Evaluated For ImpairmentCollectively Evaluated For Impairment 
Total
Residential Real Estate$1,284,303 $77,622,856 $78,907,159 
Consumer161,869 55,173,556 55,335,425 
Commercial Business53,047 19,651,815 19,704,862 
Commercial Real Estate720,111 298,579,536 299,299,647 
PPP— 47,105,618 47,105,618 
Total$2,219,330 $498,133,381 $500,352,711 
Accounts Receivable, Allowance for Credit Loss
The following tables show the activity in the allowance for loan losses by category for the three and six months ended June 30, 2021 and 2020:
 Three Months Ended June 30, 2021
 Residential
Real Estate
 
Consumer
Commercial
Business		Commercial
Real Estate
 
Total
Beginning Balance$1,228,610 $1,201,154 $1,131,285 $8,385,824 $11,946,873 
Provision for Loan Losses(154,894)(75,763)427,288 (931,631)(735,000)
Charge-Offs— (19,415)— — (19,415)
Recoveries24,276 59,381 708 146,937 231,302 
Ending Balance$1,097,992 $1,165,357 $1,559,281 $7,601,130 $11,423,760 
 Six Months Ended June 30, 2021
 Residential
Real Estate
 
Consumer
Commercial
Business		Commercial
Real Estate
 
Total
Beginning Balance$1,528,948 $1,298,655 $1,165,033 $8,850,260 $12,842,896 
Provision for Loan Losses(455,302)(144,282)399,291 (1,404,707)(1,605,000)
Charge-Offs— (57,692)(6,699)— (64,391)
Recoveries24,346 68,676 1,656 155,577 250,255 
Ending Balance$1,097,992 $1,165,357 $1,559,281 $7,601,130 $11,423,760 
 Three Months Ended June 30, 2020
 Residential
Real Estate		 
Consumer		Commercial
Business		Commercial
Real Estate		 
Total
Beginning Balance$1,470,338 $1,328,285 $612,718 $6,460,497 $9,871,838 
Provision for Loan Losses61,866 26,726 27,013 584,395 700,000 
Charge-Offs— (55,886)— — (55,886)
Recoveries600 18,609 — 141,110 160,319 
Ending Balance$1,532,804 $1,317,734 $639,731 $7,186,002 $10,676,271 
 Six Months Ended June 30, 2020
 Residential
Real Estate		 
Consumer		Commercial
Business		Commercial
Real Estate		 
Total
Beginning Balance$1,390,594 $1,210,849 $544,764 $6,079,367 $9,225,574 
Provision for Loan Losses141,010 168,670 130,015 960,305 1,400,000 
Charge-Offs— (102,993)(35,048)— (138,041)
Recoveries1,200 41,208 — 146,330 188,738 
Ending Balance$1,532,804 $1,317,734 $639,731 $7,186,002 $10,676,271