CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Interest income:
Interest and fees on loans	$ 451,587	$ 600,438	$ 1,489,830	$ 1,745,278
Interest on investment securities	26,407	28,394	82,322	86,743
Interest on federal funds sold	30,459	27,531	92,545	115,980
Interest on interest bearing deposits with other banks	35,291	21,950	89,315	22,690
Total interest income	543,744	678,313	1,754,012	1,970,691
Interest expense:
Interest on time deposits	3,189	10,787	21,289	35,064
Interest on demand deposits	5,855	6,675	17,432	19,708
Interest on savings deposits	1,320	1,395	3,906	4,234
Total interest expense	10,364	18,857	42,627	59,006
Net interest income	533,380	659,456	1,711,385	1,911,685
(Credit) provision for loan losses	(10,000)	20,000	(32,000)	45,000
Net interest income after (credit) provision for loan losses	543,380	639,456	1,743,385	1,866,685
Noninterest income:
Customer service fees	104,134	106,909	290,042	309,849
ATM fee income	24,628	24,777	73,288	76,134
Gain on sale of loans	0	41,204	81,475	265,022
Net change in fair value of financial instruments	(6,196)	83,278	(715,621)	103,794
Gain (loss) on sale of other real estate	0	16	(18,723)	(11,588)
Loan syndication fees	65,000	100,000	65,000	100,000
Grant income	0	0	2,500,000	0
Service fees on loans	38,180	27,345	106,303	55,515
Other income	9,689	8,902	32,364	28,828
Total noninterest income	235,435	392,431	2,414,128	927,554
Noninterest expense:
Salaries, wages and employee benefits	315,293	372,642	979,050	1,154,522
Occupancy and equipment	247,143	244,865	707,993	746,000
Office operations and supplies	51,060	62,202	150,663	200,825
Marketing and public relations	5,490	1,742	9,809	27,069
Professional services	50,089	65,481	160,717	137,753
Data processing	111,014	98,878	324,908	307,735
Deposit insurance assessments	24,000	24,000	56,353	73,000
Other real estate expense	6,581	13,850	21,989	38,629
Loan and collection expense	73,543	50,974	253,623	115,968
Other operating	118,675	154,132	356,540	399,689
Total noninterest expense	1,002,887	1,088,766	3,021,644	3,201,190
Net (loss) income before income taxes	(224,072)	(56,879)	1,135,869	(406,951)
Provision for income taxes	0	0	0	0
Net (loss) income	$ (224,072)	$ (56,879)	$ 1,135,869	$ (406,951)
Net (loss) income per common share-basic and diluted	$ (0.27)	$ (0.07)	$ 1.37	$ (0.49)
Weighted average number of common shares outstanding	826,921	826,921	826,921	826,921
Comprehensive (loss) income:
Net (loss) income	$ (224,072)	$ (56,879)	$ 1,135,869	$ (406,951)
Unrealized gains (losses) on available for sale securities, net of taxes	13,401	(26,040)	112,196	(96,179)
Total comprehensive (loss) income	$ (210,671)	$ (82,919)	$ 1,248,065	$ (503,130)