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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Assets:    
Cash and due from banks $ 2,075,258 $ 2,262,491
Interest-bearing deposits with banks 311,995 311,340
Federal funds sold 9,284,000 5,229,000
Cash and cash equivalents 11,671,253 7,802,831
Investment securities, available-for-sale, at fair value 5,144,707 5,578,159
Loans held for sale, at fair value 10,297,168 7,793,785
Loans held at fair value 4,450,901 4,207,338
Loans, net of unearned discounts and deferred fees 25,725,700 26,835,035
Less allowance for loan losses (179,949) (300,428)
Net loans 25,545,751 26,534,607
Bank premises and equipment, net 303,298 380,471
Accrued interest receivable 153,415 141,453
Other real estate owned 626,071 447,371
Servicing asset 319,368 312,814
Prepaid expenses and other assets 496,935 413,542
Total assets 59,008,867 53,612,371
Liabilities:    
Demand deposits, noninterest-bearing 19,606,017 14,797,174
Demand deposits, interest-bearing 15,004,238 13,699,578
Savings deposits 11,505,417 11,734,512
Time deposits, under $250,000 4,331,306 4,776,622
Time deposits, $250,000 and over 5,008,276 5,634,280
Total deposits 55,455,254 50,642,166
Accrued interest payable 13,939 10,997
Accrued expenses and other liabilities 259,152 299,293
Total liabilities 55,728,345 50,952,456
Shareholders' equity:    
Common stock, $0.01 par value; 2,000,000 shares authorized; 826,921 issued and outstanding 8,269 8,269
Additional paid-in-capital 15,677,626 14,752,644
Accumulated deficit (12,348,988) (12,038,281)
Accumulated other comprehensive loss (57,396) (63,710)
Total shareholders' equity 3,280,522 2,659,915
Total liabilities and shareholders' equity 59,008,867 53,612,371
Series A Preferred Stock    
Shareholders' equity:    
Preferred stock value 993 993
Series B Preferred Stock    
Shareholders' equity:    
Preferred stock value $ 18 $ 0