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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2014
Fair Value Disclosures [Abstract] |
Schedule of fair value measurements on a recurring and non-recurring basis |
|  |  |  |  |  |  |  |  |  |  | Fair |
December 31, 2013 |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Value |
Recurring: |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  | $ | 573,600 |  |  | $ | 73,515,807 |  |  | $ | 224,275 |  |  | $ | 74,313,682 |
Non-recurring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maryland Financial Bank stock |  |  | - |  |  |  | - |  |  |  | 30,000 |  |  |  | 30,000 |
Impaired loans |  |  | - |  |  |  | - |  |  |  | 4,745,229 |  |  |  | 4,745,229 |
OREO |  |  | - |  |  |  | 1,170,773 |  |  |  | - |  |  |  | 1,170,773 |
|  | $ | 573,600 |  |  | $ | 74,686,580 |  |  | $ | 4,999,504 |  |  | $ | 80,259,684 |
Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchases of securities |  |  | - |  |  |  | 50,167,691 |  |  |  | - |  |  |  | 50,167,691 |
Sales, calls, and maturities of securities |  |  | - |  |  |  | (38,223,651 | ) |  |  | - |  |  |  | (38,223,651 | )
Net amortization/accretion of premium/discount |  |  | - |  |  |  | (391,144 | ) |  |  | (134 | ) |  |  | (391,278 | )
Increase (decrease) in market value |  |  | 216,944 |  |  |  | 1,746,303 |  |  |  | 163,454 |  |  |  | 2,126,701 |
OTTI on investments |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Transfer to level 1 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Transfer to level 2 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Maryland Financial Bank stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
OTTI on stock |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
New impaired loans |  |  | - |  |  |  | - |  |  |  | 5,897,664 |  |  |  | 5,897,664 |
Payments and other loan reductions |  |  | - |  |  |  | - |  |  |  | (5,874,910 | ) |  |  | (5,874,910 | )
Change in total provision |  |  | - |  |  |  | - |  |  |  | 452,709 |  |  |  | 452,709 |
Loans converted to OREO |  |  | - |  |  |  | - |  |  |  | (45,175 | ) |  |  | (45,175 | )
OREO: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
OREO converted from loans |  |  | - |  |  |  | 45,175 |  |  |  | - |  |  |  | 45,175 |
Sales of OREO |  |  | - |  |  |  | (1,153,883 | ) |  |  | - |  |  |  | (1,153,883 | )
Write-down of OREO |  |  | - |  |  |  | (16,448 | ) |  |  |  |  |  |  | (16,448 | )
Loss on disposal of OREO |  |  | - |  |  |  | (442 | ) |  |  |  |  |  |  | (442 | )
December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recurring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  | 790,544 |  |  |  | 86,815,006 |  |  |  | 387,595 |  |  |  | 87,993,145 |
Non-recurring: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maryland Financial Bank stock |  |  | - |  |  |  | - |  |  |  | 30,000 |  |  |  | 30,000 |
Impaired loans |  |  | - |  |  |  | - |  |  |  | 5,175,517 |  |  |  | 5,175,517 |
OREO |  |  | - |  |  |  | 45,175 |  |  |  | - |  |  |  | 45,175 |
|  | $ | - |  |  | $ | 86,860,181 |  |  | $ | 5,593,112 |  |  | $ | 93,243,837 |

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a,b,bb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=36462937&loc=SL7498348-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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