XML 44 R26.htm IDEA: XBRL DOCUMENT
v3.8.0.1

19) Derivative Instruments | 12 Months Ended
--- | ---
Dec. 31, 2017
Notes |
19) Derivative Instruments | 19) Derivative Instruments The following table shows the fair value of derivatives as of December 31, 2017 and 2016.
| Fair Values and Notional Amounts of Derivative Instruments
|  |  | December 31, 2017 |  | December 31, 2016
| Balance Sheet Location |  | Notional Amount |  | Asset Fair Value |  | Liability Fair Value |  | Notional Amount | Asset Fair Value |  | Liability Fair Value
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Loan commitments | Other assets and Other liabilities |  | $105,679,107 |  | $2,032,782 |  | $ 36,193 |  | $191,757,193 | $6,911,544 |  | $102,212
Call options | Other liabilities |  | 1,488,550 |  | -- |  | 64,689 |  | 2,169,850 | -- |  | 109,474
Put options | Other liabilities |  | 2,265,900 |  | -- |  | 20,568 |  | 1,336,750 | -- |  | 26,494
Derivatives designated as fair value hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps | Bank and other loans payable |  | -- |  | -- |  | -- |  | 175,762 | -- |  | 3,308
Total |  |  | $109,433,557 |  | $2,032,782 |  | $121,450 |  | $195,439,555 | $6,911,544 |  | $241,488
The following table shows the gain (loss) on derivatives for the periods presented. There were no gains or losses reclassified from accumulated other comprehensive income into income or gains or losses recognized in income on derivatives ineffective portion or any amounts excluded from effective testing.
|  |  |  | Net Amount Gain (Loss)
|  |  |  | Years ended December 31
Derivative |  | Classification |  | 2017 |  | 2016
Interest Rate Swaps |  | Other comprehensive income |  | $ 2,018 |  | $ 6,490
Loan commitments |  | Mortgage fee income |  | $ (4,812,743) | (1) | $ (862,163)
Call and put options |  | Realized gains on investments and other assets |  | $ 316,244 |  | $ 208,409
(1) Includes the transfer of loan commitments to the value of loans held for sale.

X
- Definition The entire disclosure for derivatives and fair value of assets and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -URI http://asc.fasb.org/topic&trid=2155941 + Details
Name: | us-gaap_DerivativesAndFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration