XML 47 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3 - Loans Leases Receivable - Allowance for Estimated Losses on Loans Leases (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Dec. 31, 2017
Balance $ 34,355,728 $ 30,757,448    
Provision for loan/lease losses 2,539,839 2,105,109    
Loans/leases charged off (436,458) (892,626)    
Recoveries on loans/leases previously charged off 73,493 89,219    
Balance 36,532,602 32,059,150    
Allowance for impaired loans/leases     $ 3,227,366 $ 3,043,319
Allowance for nonimpaired loans/leases     33,305,236 31,312,409
Less allowance for estimated losses on loans/leases 36,532,602 30,757,448 36,532,602 34,355,728
Impaired loans/leases     17,918,781 18,354,163
Nonimpaired loans/leases     3,028,880,495 2,938,359,330
Loans     $ 3,046,799,276 $ 2,956,713,493
Allowance as a percentage of impaired loans/leases     18.01% 16.58%
Allowance as a percentage of nonimpaired loans/leases     1.10% 1.07%
Total allowance as a percentage of total loans/leases     1.20% 1.16%
Commercial Portfolio Segment [Member]        
Balance 14,323,036 12,545,110    
Provision for loan/lease losses 808,161 593,359    
Loans/leases charged off (95,499) (218,273)    
Recoveries on loans/leases previously charged off 29,547 33,894    
Balance 15,065,245 12,954,090    
Allowance for impaired loans/leases     $ 567,321 $ 715,627
Allowance for nonimpaired loans/leases     14,497,924 13,607,409
Less allowance for estimated losses on loans/leases 14,323,036 12,545,110 15,065,245 14,323,036
Impaired loans/leases     6,010,688 6,248,209
Nonimpaired loans/leases     1,195,074,937 1,128,268,106
Loans [1]     $ 1,201,085,625 $ 1,134,516,315
Allowance as a percentage of impaired loans/leases     9.44% 11.45%
Allowance as a percentage of nonimpaired loans/leases     1.21% 1.21%
Total allowance as a percentage of total loans/leases     1.25% 1.26%
Commercial Real Estate Portfolio Segment [Member]        
Balance 13,962,688 11,670,609    
Provision for loan/lease losses 965,383 966,271    
Loans/leases charged off    
Recoveries on loans/leases previously charged off 9,949 6,386    
Balance 14,938,020 12,643,266    
Allowance for impaired loans/leases     $ 1,670,897 $ 1,429,460
Allowance for nonimpaired loans/leases     13,267,123 12,533,228
Less allowance for estimated losses on loans/leases 13,962,688 11,670,609 14,938,020 13,962,688
Impaired loans/leases     7,094,483 6,529,262
Nonimpaired loans/leases     1,350,608,903 1,296,962,620
Loans     $ 1,357,703,386 $ 1,303,491,882
Allowance as a percentage of impaired loans/leases     23.55% 21.89%
Allowance as a percentage of nonimpaired loans/leases     0.98% 0.97%
Total allowance as a percentage of total loans/leases     1.10% 1.07%
Finance Leases Portfolio Segment [Member]        
Balance 2,382,098 [1] 3,111,898    
Provision for loan/lease losses 604,783 505,015    
Loans/leases charged off (283,887) (658,684)    
Recoveries on loans/leases previously charged off 27,307 20,031    
Balance 2,730,301 [1] 2,978,260    
Allowance for impaired loans/leases     $ 628,379 $ 504,469
Allowance for nonimpaired loans/leases     2,101,922 1,877,629
Less allowance for estimated losses on loans/leases 2,730,301 [1] 3,111,898 2,730,301 [1] 2,382,098 [1]
Impaired loans/leases     2,975,596 3,669,492
Nonimpaired loans/leases     134,638,869 137,778,740
Loans [1],[2]     $ 137,614,465 $ 141,448,232
Allowance as a percentage of impaired loans/leases     21.12% 13.75%
Allowance as a percentage of nonimpaired loans/leases     1.56% 1.36%
Total allowance as a percentage of total loans/leases     1.98% 1.68%
Residential Portfolio Segment [Member]        
Balance 2,466,431 2,342,344    
Provision for loan/lease losses (39,337) 43,520    
Loans/leases charged off (52,325) (13,623)    
Recoveries on loans/leases previously charged off 450 3,623    
Balance 2,375,219 2,375,864    
Allowance for impaired loans/leases     $ 248,592 $ 355,167
Allowance for nonimpaired loans/leases     2,126,627 2,111,264
Less allowance for estimated losses on loans/leases 2,466,431 2,342,344 2,375,219 2,466,431
Impaired loans/leases     1,556,817 1,704,846
Nonimpaired loans/leases     252,927,414 256,941,419
Loans [3]     $ 254,484,231 [2] $ 258,646,265
Allowance as a percentage of impaired loans/leases     15.97% 20.83%
Allowance as a percentage of nonimpaired loans/leases     0.84% 0.82%
Total allowance as a percentage of total loans/leases     0.93% 0.95%
Consumer Portfolio Segment [Member]        
Balance 1,221,475 1,087,487    
Provision for loan/lease losses 200,849 (3,056)    
Loans/leases charged off (4,747) (2,046)    
Recoveries on loans/leases previously charged off 6,240 25,285    
Balance 1,423,817 1,107,670    
Allowance for impaired loans/leases     $ 112,177 $ 38,596
Allowance for nonimpaired loans/leases     1,311,640 1,182,879
Less allowance for estimated losses on loans/leases $ 1,221,475 $ 1,087,487 1,423,817 1,221,475
Impaired loans/leases     281,197 202,354
Nonimpaired loans/leases     95,630,372 118,408,445
Loans [2]     $ 95,911,569 $ 118,610,799
Allowance as a percentage of impaired loans/leases     39.89% 19.07%
Allowance as a percentage of nonimpaired loans/leases     1.37% 1.00%
Total allowance as a percentage of total loans/leases     1.48% 1.03%
[1] Includes equipment financing agreements outstanding at m2, totaling $78,911,791 and $66,758,397 as of March 31, 2018 and December 31, 2017, respectively.
[2] Performing = loans/leases accruing and less than 90 days past due. Nonperforming = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 days past due, and accruing TDRs.
[3] Includes residential real estate loans held for sale totaling $279,750 and $645,001 as of March 31, 2018, and December 31, 2017, respectively.