XML 89 R74.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Loans Leases Receivable - Leases By Delinquency Status (Details) - USD ($)
Dec. 31, 2017
Sep. 30, 2017
Dec. 31, 2016
Loans $ 2,956,713,493   $ 2,397,414,282
Nonperforming Financial Instruments [Member]      
Loans   $ 18,642,377 21,232,408
Finance Leases Portfolio Segment [Member]      
Loans [1] 141,448,232   165,419,360
Finance Leases Portfolio Segment [Member] | Performing Financial Instruments [Member]      
Loans 137,778,740   161,749,710
Finance Leases Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]      
Loans 3,669,492 3,669,492 3,669,650
Residential Portfolio Segment [Member]      
Loans [2] 258,646,265   229,233,104
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]      
Loans 256,935,448   227,277,070
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]      
Loans 1,710,818 1,710,818 1,956,034
Consumer Portfolio Segment [Member]      
Loans 118,610,799   81,665,695
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]      
Loans 118,333,529   81,449,104
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]      
Loans 277,270 $ 277,270 216,591
Lease Residential and Consumer Portfolio Segments [Member]      
Loans $ 518,705,296   $ 476,318,159
As a % of Total 100.00%   100.00%
Lease Residential and Consumer Portfolio Segments [Member] | Performing Financial Instruments [Member]      
Loans $ 513,047,716   $ 470,475,884
As a % of Total 98.91%   98.77%
Lease Residential and Consumer Portfolio Segments [Member] | Nonperforming Financial Instruments [Member]      
Loans $ 5,657,580   $ 5,842,275
As a % of Total 1.09%   1.23%
[1] Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management's expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no losses related to residual values for the three and nine months ended September 30, 2017 and 2016.
[2] Includes residential real estate loans held for sale totaling $645,001 and $1,135,500 as of December 31, 2017 and 2016, respectively.