CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest income:
Interest and fees on loans	$ 552,152	$ 598,378	$ 1,038,243	$ 1,144,840
Interest on investment securities	27,155	28,815	55,915	58,349
Interest on federal funds sold	34,494	47,139	62,086	88,449
Interest on interest bearing deposits with other banks	27,276	284	54,024	740
Total interest income	641,077	674,616	1,210,268	1,292,378
Interest expense:
Interest on time deposits	7,233	12,356	18,100	24,277
Interest on demand deposits	5,727	6,531	11,577	13,033
Interest on savings deposits	1,292	1,427	2,586	2,839
Total interest expense	14,252	20,314	32,263	40,149
Net interest income	626,825	654,302	1,178,005	1,252,229
Provision (credit) for loan losses	30,000	5,000	(22,000)	25,000
Net interest income after provision (credit) for loan losses	596,825	649,302	1,200,005	1,227,229
Noninterest income:
Customer service fees	92,834	102,851	185,908	202,940
ATM fee income	24,888	26,635	48,660	51,357
Gain on sale of loans	0	67,271	81,475	223,818
Net change in fair value of financial instruments	(656,516)	11,423	(709,425)	20,516
Gain (loss) on sale of other real estate	1,488	(9,522)	(18,723)	(11,604)
Grant income	2,500,000	0	2,500,000	0
Servicing fees on loans	35,964	15,495	68,123	28,170
Other income	10,524	7,305	22,675	19,926
Total noninterst income	2,009,182	221,458	2,178,693	535,123
Noninterest expense:
Salaries, wages and employee benefits	334,935	381,826	663,757	781,880
Occupancy and equipment	244,374	246,093	460,850	501,135
Office operations and supplies	48,984	61,713	99,603	138,623
Marketing and public relations	1,987	6,765	4,319	25,327
Professional services	34,460	35,293	110,628	72,272
Data processing	107,113	107,422	213,894	208,857
Other real estate expense	5,578	10,944	15,408	24,779
Loan and collection costs	104,504	36,414	180,080	64,994
Deposit insurance assessments	23,000	24,000	32,353	49,000
Other operating	113,624	112,336	237,865	245,557
Total noninterest expense	1,018,559	1,022,806	2,018,757	2,112,424
Net income (loss) before income taxes	1,587,448	(152,046)	1,243,737	(350,072)
Provision for income taxes	0	0	0	0
Net income (loss)	$ 1,587,448	$ (152,046)	$ 1,359,941	$ (350,072)
Net income (loss) per common share-basic and diluted	$ 1.92	$ (0.18)	$ 1.64	$ (0.42)
Weighted average number of common shares outstanding	826,921	826,921	826,921	826,921
Comprehensive income (loss):
Net income (loss) 1	$ 1,587,448	$ (152,046)	$ 1,359,941	$ (350,072)
Unrealized gains (losses) on available for sale securities, net of taxes	40,905	(16,259)	98,795	(70,138)
Total comprehensive income (loss)	$ 1,628,353	$ (168,305)	$ 1,458,736	$ (420,210)