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Note 21 - Fair Value (Tables)
12 Months Ended
Dec. 31, 2015
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, 2015:

                               

Securities available for sale:

                               

U.S. govt. sponsored agency securities

  $ 213,537,379     $ -     $ 213,537,379     $ -  

Residential mortgage-backed securities

    80,670,135       -       80,670,135       -  

Municipal securities

    27,578,588       -       27,578,588       -  

Other securities

    1,648,880       411       1,648,469       -  

Derivative instruments

    856,024       -       856,024       -  
    $ 324,291,006     $ 411     $ 324,290,595     $ -  
                                 

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

    1,487,387       -       1,487,387       -  
    $ 453,147,017     $ 345,952     $ 452,801,065     $ -  
           

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, 2015:

                               

Impaired loans/leases

  $ 4,545,966     $ -     $ -     $ 4,545,966  

Other real estate owned

    7,722,711       -       -       7,722,711  
    $ 12,268,677     $ -     $ -     $ 12,268,677  
                                 

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  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
   

Quantitative Information about Level Fair Value Measurements

 
   

December 31, 2015

Fair Value

   

December 31, 2014

Fair Value

 

Valuation Technique

Unobservable Input

 

Range

 
                               

Impaired loans/leases

  $ 4,545,966     $ 12,467,362  

Appraisal of collateral

Appraisal adjustments

  -10.00% to -50.00%  

Other real estate owned

    7,722,711       13,789,047  

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, 2015

   

As of December 31, 2014

 
 

Hierarchy

Level

 

Carrying

Value

   

Estimated

Fair Value

   

Carrying

Value

   

Estimated

Fair Value

 
                                   

Cash and due from banks

Level 1

  $ 41,957,855     $ 41,957,855     $ 38,235,019     $ 38,235,019  

Federal funds sold

Level 2

    19,850,000       19,850,000       46,780,000       46,780,000  

Interest-bearing deposits at financial institutions

Level 2

    36,098,431       36,098,431       35,334,682       35,334,682  

Investment securities:

                                 

Held to maturity

Level 2

    253,674,159       255,691,285       199,879,574       201,113,796  

Available for sale

See Previous Table

    323,434,982       323,434,982       451,659,630       451,659,630  

Loans/leases receivable, net

Level 3

    4,209,228       4,545,966       11,543,853       12,467,362  

Loans/leases receivable, net

Level 2

    1,767,672,541       1,764,178,772       1,595,384,852       1,606,646,146  

Derivative instruments

Level 2

    856,024       856,024       1,487,387       1,487,387  

Deposits:

                                 

Nonmaturity deposits

Level 2

    1,516,599,081       1,516,599,081       1,304,044,099       1,304,044,099  

Time deposits

Level 2

    364,067,103       364,192,000       375,623,914       376,509,000  

Short-term borrowings

Level 2

    144,662,716       144,662,716       268,351,670       268,351,670  

Federal Home Loan Bank advances

Level 2

    151,000,000       153,143,000       203,500,000       208,172,000  

Other borrowings

Level 2

    110,000,000       116,061,000       150,282,492       159,741,000  

Junior subordinated debentures

Level 2

    38,499,052       27,642,093       40,423,735       28,585,294