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Note 21 - Fair Value (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
           

Fair Value Measurements at Reporting Date Using

 
           

Quoted Prices

   

Significant

         
           

in Active

   

Other

   

Significant

 
           

Markets for

   

Observable

   

Unobservable

 
           

Identical Assets

   

Inputs

   

Inputs

 
   

Fair Value

   

(Level 1)

   

(Level 2)

   

(Level 3)

 
                                 

December 31, 2014:

                               

Securities available for sale:

                               

U.S. govt. sponsored agency securities

  $ 307,869,572     $ -     $ 307,869,572     $ -  

Residential mortgage-backed securities

    111,423,224       -       111,423,224       -  

Municipal securities

    30,399,981       -       30,399,981       -  

Other securities

    1,966,853       345,952       1,620,901       -  

Derivative instruments

    1,487,386       -       1,487,386       -  
    $ 453,147,016     $ 345,952     $ 452,801,064     $ -  
                                 

December 31, 2013:

                               

Securities available for sale:

                               

U.S. govt. sponsored agency securities

  $ 356,472,987     $ -     $ 356,472,987     $ -  

Residential mortgage-backed securities

    157,429,451       -       157,429,451       -  

Municipal securities

    35,958,857       -       35,958,857       -  

Other securities

    1,897,163       317,698       1,579,465       -  
    $ 551,758,458     $ 317,698     $ 551,440,760     $ -  
           

Fair Value Measurements at Reporting Date Using

 
           

Quoted Prices

   

Significant

         
           

in Active

   

Other

   

Significant

 
           

Markets for

   

Observable

   

Unobservable

 
           

Identical Assets

   

Inputs

   

Inputs

 
   

Fair Value

   

(Level 1)

   

(Level 2)

   

(Level 3)

 

December 31, 2014:

                               

Impaired loans/leases

  $ 12,467,362     $ -     $ -     $ 12,467,362  

Other real estate owned

    13,789,047       -       -       13,789,047  
    $ 26,256,409     $ -     $ -     $ 26,256,409  
                                 

December 31, 2013:

                               

Impaired loans/leases

  $ 9,009,557     $ -     $ -     $ 9,009,557  

Other real estate owned

    10,507,377       -       -       10,507,377  
    $ 19,516,934     $ -     $ -     $ 19,516,934  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
   

Quantitave Information about Level Fair Value Measurments

 
   

Fair Value

 

Valuation Technique

Unobservable Input

 

Range

 

December 31, 2014:

                   

Impaired loans/leases

  $ 12,467,362  

Appraisal of collateral

Appraisal adjustments

    -10.00% to -50.00 %

Other real estate owned

    13,789,047  

Appraisal of collateral

Appraisal adjustments

    0.00% to -35.00 %
   

Quantitave Information about Level Fair Value Measurments

 
   

Fair Value

 

Valuation Technique

Unobservable Input

 

Range

 

December 31, 2013:

                   

Impaired loans/leases

  $ 9,009,557  

Appraisal of collateral

Appraisal adjustments

    -10.00% to -50.00 %

Other real estate owned

    10,507,377  

Appraisal of collateral

Appraisal adjustments

    0.00% to -35.00 %
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
 

Fair Value

 

As of December 31, 2014

   

As of December 31, 2013

 
 

Heirarchy

 

Carrying

   

Estimated

   

Carrying

   

Estimated

 
 

Level

 

Value

   

Fair Value

   

Value

   

Fair Value

 
                                   

Cash and due from banks

Level 1

  $ 38,235,019     $ 38,235,019     $ 41,950,790     $ 41,950,790  

Federal funds sold

Level 2

    46,780,000       46,780,000       39,435,000       39,435,000  

Interest-bearing deposits at financial institutions

Level 2

    35,334,682       35,334,682       33,044,917       33,044,917  

Investment securities:

                                 

Held to maturity

Level 3

    199,879,574       201,113,796       145,451,895       138,640,105  

Available for sale

See Previous Table

    451,659,630       451,659,630       551,758,458       551,758,458  

Loans/leases receivable, net

Level 3

    11,543,854       12,467,362       8,342,182       9,009,557  

Loans/leases receivable, net

Level 2

    1,595,384,851       1,606,646,146       1,430,489,328       1,441,952,443  

Derivative instruments

Level 2

    1,487,386       1,487,386       -       -  

Deposits:

                                 

Nonmaturity deposits

Level 2

    1,304,044,099       1,304,044,099       1,256,209,352       1,256,209,352  

Time deposits

Level 2

    375,623,914       376,509,000       390,781,891       391,923,000  

Short-term borrowings

Level 2

    268,351,670       268,351,670       149,292,967       149,292,967  

Federal Home Loan Bank advances

Level 2

    203,500,000       208,172,000       231,350,000       241,623,000  

Other borrowings

Level 2

    150,282,492       159,741,000       142,448,362       152,761,000  

Junior subordinated debentures

Level 2

    40,423,735       28,585,294       40,289,830       28,094,228