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Fair Values of Financial Instruments (Details 1) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Financial assets - Carrying Amount      
Cash and cash equivalents $ 12,371,408 $ 13,280,234 $ 10,953,469
Loans receivable, net 259,636,706 273,986,237 270,684,120
Cash value of life insurance 9,357,712 9,138,658 8,914,817
Financial liabilities - Carrying Amount      
Deposits 335,191,530 338,877,292 323,803,356
Long-term debt 20,000,000 20,000,000 20,000,000
Financial assets - Fair Value      
Cash and cash equivalents 12,371,408    
Loans receivable, net 252,239,000 268,536,000 270,684,120
Cash value of life insurance 9,357,712 9,138,658 8,914,817
Financial liabilities - Fair Value      
Deposits 307,924,000 310,239,000 291,046,000
Long-term debt $ 20,688,000 $ 20,951,000 $ 21,032,000
Level 1 | Fair Value      
Financial assets - Fair Value      
Cash and cash equivalents    
Loans receivable, net    
Cash value of life insurance    
Financial liabilities - Fair Value      
Deposits $ 192,746,000    
Long-term debt    
Level 2 | Fair Value      
Financial assets - Fair Value      
Cash and cash equivalents $ 12,371,408    
Loans receivable, net    
Cash value of life insurance $ 9,357,712    
Financial liabilities - Fair Value      
Deposits 115,178,000    
Long-term debt $ 20,688,000    
Level 3 | Fair Value      
Financial assets - Fair Value      
Cash and cash equivalents    
Loans receivable, net $ 252,239,000    
Cash value of life insurance    
Financial liabilities - Fair Value      
Deposits    
Long-term debt