Athens Bancshares 10-Q 6 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 02, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	AFCB
Entity Registrant Name	Athens Bancshares Corp
Entity Central Index Key	1,472,093
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		1,806,275

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 6,549,900	$ 9,909,563
Interest-bearing deposits in banks	1,015,978	2,015,978
Total cash and cash equivalents	7,565,878	11,925,541
Securities available for sale	26,665,871	28,771,754
Investments, at cost	3,855,350	3,449,000
Loans, net of allowance for loan losses of $3,886,738 and $3,914,848 at September 30, 2015 and December 31, 2014, respectively	256,535,822	238,558,389
Premises and equipment, net	4,155,843	4,024,176
Accrued interest receivable	958,074	1,007,115
Cash surrender value of bank owned life insurance	10,297,994	10,096,191
Foreclosed real estate	1,654,980	1,942,844
Other assets	2,710,255	2,629,334
Total assets	314,400,067	302,404,344
Deposits:
Noninterest-bearing	27,034,262	23,978,164
Interest-bearing	225,670,264	224,594,067
Total deposits	252,704,526	248,572,231
Accrued interest payable	104,417	132,397
Securities sold under agreements to repurchase	1,282,668	1,512,993
Federal Home Loan Bank advances	11,500,000	5,000,000
Accrued expenses and other liabilities	4,082,794	4,506,841
Total liabilities	$ 269,674,405	$ 259,724,462
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued
Common stock, $0.01 par value; 50,000,000 shares authorized; 2,777,250 shares issued and 1,806,275 outstanding at September 30, 2015 and 1,801,701 outstanding at December 31, 2014	$ 18,063	$ 18,017
Additional paid-in capital	17,984,653	17,956,982
Common stock acquired by benefit plans:
Restricted stock	(157,617)	(354,313)
Unallocated common stock held by Employee Stock Ownership Plan Trust	(1,481,200)	(1,481,200)
Retained earnings	28,027,677	26,202,795
Accumulated other comprehensive income	334,086	337,601
Total stockholders' equity	44,725,662	42,679,882
Total liabilities and stockholders' equity	$ 314,400,067	$ 302,404,344

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 3,886,738	$ 3,914,848
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	2,777,250	2,777,250
Common stock, shares outstanding	1,806,275	1,801,701

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest and dividend income:
Loans, including fees	$ 3,329,161	$ 3,224,048	$ 9,791,705	$ 9,626,449
Dividends	38,023	44,083	170,182	138,191
Securities and interest-bearing deposits in other banks	165,019	181,194	514,332	543,721
Total interest income	3,532,203	3,449,325	10,476,219	10,308,361
Interest expense:
Deposits	304,909	430,235	1,078,449	1,359,319
Fed funds purchased and securities sold under agreements to repurchase	292	283	826	797
Federal Home Loan Bank advances	2,452	276	6,176	276
Total interest expense	307,653	430,794	1,085,451	1,360,392
Net interest income	3,224,550	3,018,531	9,390,768	8,947,969
Provision for loan losses	48,406	31,985	250,219	85,147
Net interest income after provision for loan losses	3,176,144	2,986,546	9,140,549	8,862,822
Noninterest income:
Customer service fees	536,470	545,509	1,571,388	1,553,094
Other charges and fees	525,202	457,235	1,448,211	1,224,991
Investment sales commissions	136,293	132,036	416,207	442,430
Increase in cash surrender value of life insurance	85,184	87,269	253,636	260,283
Other noninterest income	178,384	165,144	487,184	408,867
Total noninterest income	1,461,533	1,387,193	4,176,626	3,889,665
Noninterest expenses:
Salaries and employee benefits	1,866,172	1,784,930	5,637,843	5,358,682
Occupancy and equipment	371,337	402,069	1,118,617	1,194,000
Federal deposit insurance premiums	45,000	47,000	140,000	138,000
Data processing	292,082	266,156	838,795	760,929
Advertising	69,570	59,074	191,046	154,544
Other operating expenses	720,092	697,043	2,111,584	1,995,672
Total noninterest expenses	3,364,253	3,256,272	10,037,885	9,601,827
Income before income taxes	1,273,424	1,117,467	3,279,290	3,150,660
Income tax expense	430,015	367,483	1,094,678	1,070,745
Net income	$ 843,409	$ 749,984	$ 2,184,612	$ 2,079,915
Earnings per common share
Basic	$ 0.51	$ 0.46	$ 1.32	$ 1.25
Diluted	0.47	0.43	1.23	1.17
Dividends per common share	$ 0.05	$ 0.05	$ 0.15	$ 0.15

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 843,409	$ 749,984	$ 2,184,612	$ 2,079,915
Other comprehensive income (loss), before tax:
Unrealized holding gains (losses) on securities available for sale	158,420	66,857	(5,669)	492,492
Income tax (expense) benefit related to other comprehensive income items	(60,200)	(25,406)	2,154	(187,147)
Other comprehensive income (loss), net of tax	98,220	41,451	(3,515)	305,345
Comprehensive income	$ 941,629	$ 791,435	$ 2,181,097	$ 2,385,260

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - 9 months ended Sep. 30, 2015 - USD ($)	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Common Stock Acquired By Benefit Plans [Member]	Accumulated Other Comprehensive Income [Member]
Beginning Balance at Dec. 31, 2014	$ 42,679,882	$ 18,017	$ 17,956,982	$ 26,202,795	$ (1,835,513)	$ 337,601
Beginning Balance, Shares at Dec. 31, 2014	1,801,701	1,801,701
Net income	$ 2,184,612			2,184,612
Other comprehensive loss	(3,515)					(3,515)
Dividends - $0.15 per share	(247,880)			(247,880)
Release of restricted stock plan shares			(196,696)		196,696
Stock compensation expense	294,128		294,128
Repurchase and retirement of Company common stock	(181,565)	$ (73)	(69,642)	(111,850)
Repurchase and retirement of Company common stock, Shares		(7,300)
Issuance of Company common stock		$ 119	(119)
Issuance of Company common stock, Shares		11,874
Ending Balance at Sep. 30, 2015	$ 44,725,662	$ 18,063	$ 17,984,653	$ 28,027,677	$ (1,638,817)	$ 334,086
Ending Balance, Shares at Sep. 30, 2015	1,806,275	1,806,275

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical)	9 Months Ended
	Sep. 30, 2015$ / shares
Dividends per share	$ 0.15
Retained Earnings [Member]
Dividends per share	$ 0.15

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,184,612	$ 2,079,915
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	397,761	470,079
Amortization of securities and other assets	165,084	204,039
Provision for loan losses	250,219	85,147
Deferred income taxes	(176,198)	106,388
Other gains and losses, net	(13,012)	(39,918)
Stock compensation expense	294,128	262,821
Net change in:
Cash surrender value of life insurance, net	(201,803)	(211,820)
Accrued interest receivable	49,041	16,973
Accrued interest payable	(27,980)	(16,587)
Other assets and liabilities	(541,866)	(402,391)
Net cash provided by operating activities	2,379,986	2,554,646
Securities available for sale:
Purchases		(2,896,702)
Maturities, prepayments and calls	1,990,130	5,150,224
Sales		398,763
Proceeds from redemption of FHLB stock		199,800
Purchase of Federal Reserve Bank stock	(406,350)
Loan originations and principal collections, net	(18,418,997)	(15,741,002)
Purchases of premises and equipment	(529,942)	(82,494)
Proceeds from sale of foreclosed real estate	652,985	209,251
Net cash used in investing activities	(16,712,174)	(12,762,160)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits	4,132,295	(1,284,853)
Net decrease in securities sold under agreements to repurchase	(230,325)	(146,315)
Net increase in FHLB advances	6,500,000	7,500,000
Repurchase and retirement of Company common stock	(181,565)	(1,963,811)
Issuance of Company common stock		82,121
Dividends paid	(247,880)	(250,400)
Net cash provided by financing activities	9,972,525	3,936,742
NET DECREASE IN CASH AND CASH EQUIVALENTS	(4,359,663)	(6,270,772)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	11,925,541	15,135,387
CASH AND CASH EQUIVALENTS, END OF PERIOD	7,565,878	8,864,615
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on deposits and borrowed funds	1,113,431	1,376,979
Income taxes paid	1,466,285	987,136
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES:
Acquisition of real estate acquired through foreclosure	885,640	1,272,086
Financed sales of foreclosed real estate	$ 479,756	$ 419,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1. Summary of Significant Accounting Policies The accounting and reporting policies of Athens Bancshares Corporation (the “Company”) and subsidiary conform with United States generally accepted accounting principles (“GAAP”) and practices within the banking industry. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) are also sources of authoritative GAAP for SEC registrants. The policies that materially affect financial condition and results of operations are summarized as follows: Interim Financial Information (Unaudited) The accompanying unaudited consolidated financial statements have been prepared in accordance with GAAP for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X as promulgated by the SEC. Accordingly, they do not include all the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation of the financial condition and results of operations for the periods presented have been included. Operating results for the three and nine months ended September 30, 2015, are not necessarily indicative of the results that may be expected for the full year or for any other period. For further information, refer to the Company’s audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. The Company has evaluated events and transactions for potential recognition and disclosure through the date the financial statements were issued. Nature of operations The Company is a holding company whose principal activity is the ownership and management of its wholly owned subsidiary, Athens Federal Community Bank, National Association (the “Bank”). The Bank provides a variety of financial services to individuals and corporate customers through its seven branches located in Athens, Sweetwater, Etowah, Madisonville, and Cleveland, Tennessee. The Bank’s primary deposit products include checking, savings, certificates of deposit, and IRA accounts. Its primary lending products are one-to-four family residential, commercial real estate, and consumer loans. Southland Finance, Inc. (“Southland”) is a consumer finance company with one branch located in Athens, Tennessee. Ti-Serv, Inc. (“Ti-Serv”) maintains the Bank’s investment in Valley Title Services, LLC (“Valley Title”). Southland and Ti-Serv are wholly-owned subsidiaries of the Bank. Valley Title is a wholly-owned subsidiary of Ti-Serv. Use of estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of deferred tax assets, other-than-temporary impairment of securities, and the fair value of financial instruments. Recent Accounting Pronouncements The Company has determined that all recently issued accounting pronouncements are not expected to have a material impact on its consolidated financial statements or do not apply to its operations. Earnings Per Common Share Basic earnings per share are computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The following is a summary of the basic and diluted earnings per share for the three months ended September 30, 2015 and 2014: Three Months Ended September 30, 2015 2014 Basic earnings per share calculation: Numerator: Net income $ 843,409 $ 749,984 Denominator: Weighted average common shares outstanding 1,660,030 1,638,797 Effect of dilutive stock options 124,919 116,772 Diluted shares 1,784,949 1,755,569 Basic earnings per share $ 0.51 $ 0.46 Diluted earnings per share $ 0.47 $ 0.43 The following is a summary of the basic and diluted earnings per share for the nine months ended September 30, 2015 and 2014: Nine Months Ended September 30, 2015 2014 Basic earnings per share calculation: Numerator: Net income $ 2,184,612 $ 2,079,915 Denominator: Weighted average common shares outstanding 1,653,712 1,663,191 Effect of dilutive stock options 126,581 108,856 Diluted shares $ 1,780,293 $ 1,772,047 Basic earnings per share $ 1.32 $ 1.25 Diluted earnings per share $ 1.23 $ 1.17 Reclassifications Certain amounts from prior period financial statements have been reclassified to conform to the current period’s presentation. The reclassifications had no effect on net income, total assets or stockholders’ equity as previously reported.

Securities

Securities	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Securities	Note 2. Securities The amortized cost and estimated fair value of securities classified as available for sale at September 30, 2015 and December 31, 2014 are as follows: September 30, 2015 Amortized Gross Gross Fair Securities of U.S. Government agencies and corporations $ 2,568,777 $ 21,531 $ (5,835 ) $ 2,584,473 Mortgage-backed and related securities (1) 10,841,447 222,478 (2,154 ) 11,061,771 State and municipal securities 12,716,799 312,800 (9,972 ) 13,019,627 $ 26,127,023 $ 566,809 $ (17,961 ) $ 26,665,871 December 31, 2014 Amortized Gross Gross Fair Securities of U.S. Government agencies and corporations $ 2,641,393 $ 9,564 $ (21,103 ) $ 2,629,854 Mortgage-backed and related securities (1) 12,835,109 204,492 (2,478 ) 13,037,123 State and municipal securities 12,750,735 393,364 (39,322 ) 13,104,777 $ 28,227,237 $ 607,420 $ (62,903 ) $ 28,771,754 (1) Collateralized by residential mortgages and guaranteed by U.S. Government sponsored entities. As of September 30, 2015 and December 31, 2014, the Company did not have any securities classified as held-to-maturity. The amortized cost and estimated market value of securities at September 30, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. September 30, 2015 Securities Available for Sale Amortized Fair Value Due in one year or less $ 171,425 $ 172,489 Due after one year through five years 9,037,555 9,178,440 Due five years to ten years 4,918,172 5,081,931 Due after ten years 1,158,424 1,171,240 Mortgage-backed securities 10,841,447 11,061,771 Total $ 26,127,023 $ 26,665,871 The Company had no realized gains or losses for the nine month periods ended September 30, 2015 and 2014. The Company has pledged securities with carrying values of approximately $2,011,000 and $19,554,000 to secure deposits of public and private funds as of September 30, 2015 and December 31, 2014, respectively. Securities with gross unrealized losses at September 30, 2015 and December 31, 2014, aggregated by investment category and length of time that individual securities have been in a continuous loss position, are as follows: September 30, 2015 Less than 12 Months 12 Months or Greater Total Fair Gross Fair Gross Fair Gross (dollars in thousands) Securities of U.S. Government agencies and corporations $ — $ — $ 994 $ (6 ) $ 994 $ (6 ) State and municipal securities 1,491 (2 ) 918 (8 ) 2,409 (10 ) Mortgage-backed and related securities 1,367 (2 ) — — 1,367 (2 ) $ 2,858 $ (4 ) $ 1,912 $ (14 ) $ 4,770 $ (18 ) December 31, 2014 Less than 12 Months 12 Months or Greater Total Fair Gross Fair Gross Fair Gross (dollars in thousands) Securities of U.S. Government agencies and corporations $ — $ — $ 979 $ (21 ) $ 979 $ (21 ) State and municipal securities — — 2,354 (39 ) 2,354 (39 ) Mortgage-backed and related securities 986 (2 ) 793 (1 ) 1,779 (3 ) $ 986 $ (2 ) $ 4,126 $ (61 ) $ 5,112 $ (63 ) Management performs periodic reviews for impairment in accordance with ASC Topic 320, Investments – Debt and Equity Securities At September 30, 2015, the 8 securities with unrealized losses had depreciated 0.38 percent from the Company’s amortized cost basis. At December 31, 2014, the 5 securities with unrealized losses had depreciated 1.22 percent from the Company’s amortized cost basis. Most of these securities are guaranteed by either U.S. government corporations or agencies or had investment grade ratings upon purchase. Further, the issuers of these securities have not established any cause for default. The unrealized losses associated with these investment securities are primarily attributable to changes in interest rates and are not due to the credit quality of the securities. These securities will continue to be monitored as a part of the Company’s ongoing impairment analysis, but are expected to perform even if the rating agencies reduce the credit rating of the securities insurers. Management evaluates the financial performance of each issuer on a quarterly basis to determine if it is probable that the issuers can make all contractual principal and interest payments. Upon acquisition of a security, the Company determines the appropriate impairment model that is applicable. If the security is a beneficial interest in securitized financial assets, the Company uses the beneficial interests in securitized financial assets impairment model. If the security is not a beneficial interest in securitized financial assets, the Company uses the debt and equity securities impairment model. The Company conducts periodic reviews to evaluate each security to determine whether an other-than-temporary impairment has occurred. The Company does not have any securities that have been classified as other-than-temporarily-impaired at September 30, 2015.

Investments, at Cost

Investments, at Cost	9 Months Ended
	Sep. 30, 2015
Investments, All Other Investments [Abstract]
Investments, at Cost	Note 3. Investments, at Cost The Bank carries the following investments at cost because they are not readily marketable and there is no established market price for the investments. These investments are normally redeemed by the issuer at par value and may carry call or put options under certain circumstances. Investments carried at cost at September 30, 2015 and December 31, 2014 consists of: September 30, December 31, Federal Home Loan Bank of Cincinnati common stock $ 2,549,000 $ 2,549,000 Federal Reserve Bank stock 406,350 — Tenth Street Fund III, L.P. investment 900,000 900,000 $ 3,855,350 $ 3,449,000

Loans and Allowances for Loan L

Loans and Allowances for Loan Losses	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Loans and Allowances for Loan Losses	Note 4. Loans and Allowances for Loan Losses The Bank and Southland provide mortgage, consumer, and commercial lending services to individuals and businesses primarily in the East Tennessee area. The Company’s loans consist of the following at September 30, 2015 and December 31, 2014: September 30, December 31, Mortgage loans on real estate: Residential 1-4 family $ 97,716,450 $ 89,126,412 Commercial real estate and multi-family 98,445,169 87,742,414 Construction and land 21,130,908 27,301,773 217,292,527 204,170,599 Commercial loans 15,834,782 14,363,545 Consumer and other 28,289,332 24,698,430 Total loans 261,416,641 243,232,574 Less: Allowance for loan losses (3,886,738 ) (3,914,848 ) Unearned interest and fees (477,514 ) (363,622 ) Net deferred loan origination fees (516,567 ) (395,715 ) Loans, net $ 256,535,822 $ 238,558,389 The following presents activity in the allowance for loan losses for the nine months ended September 30, 2015 and the year ended December 31, 2014: September 30, December 31, Beginning balance $ 3,914,848 $ 4,432,069 Provision for loan losses 250,219 109,621 Loans charged-off (347,280 ) (696,602 ) Recoveries 68,951 69,760 Ending balance $ 3,886,738 $ 3,914,848 Loan impairment and any related valuation allowance is determined under the provisions established by ASC Topic 310. For all periods presented, impaired loans without a valuation allowance represent loans for which management believes that the collateral value of the loan is higher than the carrying value of that loan. The allocation of the allowance for loan losses and recorded investment in loans by portfolio segment are as follows: September 30, 2015 Commercial Residential Commercial Construction Consumer and Unallocated Total Specified reserves- impaired loans $ 20,095 $ 190,849 $ 91,489 $ 26,417 $ 59,945 $ — $ 388,795 General reserves 301,537 886,862 1,224,171 550,481 534,891 1 3,497,943 Total reserves $ 321,632 $ 1,077,711 $ 1,315,660 $ 576,898 $ 594,836 $ 1 $ 3,886,738 Impaired loans $ 1,755,796 $ 2,551,840 $ 467,586 $ 272,584 $ 313,087 $ — $ 5,360,893 Performing loans 14,078,986 95,164,610 97,977,583 20,858,324 27,976,245 — 256,055,748 Total $ 15,834,782 $ 97,716,450 $ 98,445,169 $ 21,130,908 $ 28,289,332 $ — $ 261,416,641 December 31, 2014 Commercial Residential Commercial Construction Consumer and Unallocated Total Specified reserves- impaired loans $ 42,724 $ 282,532 $ 94,743 $ 26,803 $ 57,293 $ — $ 504,095 General reserves 270,163 828,557 1,139,953 597,247 443,284 131,549 3,410,753 Total reserves $ 312,887 $ 1,111,089 $ 1,234,696 $ 624,050 $ 500,577 $ 131,549 $ 3,914,848 Impaired loans $ 1,794,552 $ 3,648,878 $ 487,519 $ 657,859 $ 369,708 $ — $ 6,958,516 Performing loans 12,568,993 85,477,534 87,254,895 26,643,914 24,328,722 — 236,274,058 Total $ 14,363,545 $ 89,126,412 $ 87,742,414 $ 27,301,773 $ 24,698,430 $ — $ 243,232,574 The following table details the changes in the allowance for loan losses from December 31, 2013 to September 30, 2015 by class of loan: Commercial Residential Commercial Construction Consumer Unallocated Total Balance, December 31, 2013 $ 331,938 $ 1,442,506 $ 1,108,958 $ 956,726 $ 530,557 $ 61,384 $ 4,432,069 Provision (reallocation) for loan losses (10,828 ) (291,330 ) 364,436 (156,990 ) 134,168 70,165 109,621 Loans charged-off (8,223 ) (43,999 ) (238,698 ) (175,686 ) (229,996 ) — (696,602 ) Recoveries — 3,912 — — 65,848 — 69,760 Balance, December 31, 2014 312,887 1,111,089 1,234,696 624,050 500,577 131,549 3,914,848 Provision (reallocation) for loan losses 8,745 2,605 81,201 116,983 172,233 (131,548 ) 250,219 Loans charged-off — (53,809 ) (237 ) (164,135 ) (129,099 ) — (347,280 ) Recoveries — 17,826 — — 51,125 — 68,951 Balance, September 30, 2015 $ 321,632 $ 1,077,711 $ 1,315,660 $ 576,898 $ 594,836 $ 1 $ 3,886,738 The following tables present loans individually evaluated for impairment by class of loans as of September 30, 2015 and December 31, 2014: September 30, 2015 Commercial Residential Commercial Construction Consumer Total Impaired loans: Without a valuation allowance $ 23,320 $ 1,556,473 $ 215,656 $ 197,108 $ 54,206 $ 2,046,763 With a valuation allowance 1,732,476 995,367 251,930 75,476 258,881 3,314,130 Recorded investment in impaired loans $ 1,755,796 $ 2,551,840 $ 467,586 $ 272,584 $ 313,087 $ 5,360,893 Unpaid principal balance of impaired loans $ 1,795,644 $ 2,943,867 $ 476,586 $ 797,741 $ 313,087 $ 6,326,925 Valuation allowance related to impaired loans $ 20,095 $ 190,849 $ 91,489 $ 26,417 $ 59,945 $ 388,795 Average investment in impaired loans $ 1,776,355 $ 2,721,750 $ 477,621 $ 299,149 $ 313,689 $ 5,588,564 Interest income recognized on impaired loans $ 68,290 $ 99,758 $ 19,592 $ 7,813 $ 5,792 $ 201,245 December 31, 2014 Commercial Residential Commercial Construction Consumer Total Impaired loans: Without a valuation allowance $ 22,262 $ 2,734,578 $ 230,238 $ 581,279 $ 194,798 $ 3,763,155 With a valuation allowance 1,772,290 914,300 257,281 76,580 174,910 3,195,361 Recorded investment in impaired loans $ 1,794,552 $ 3,648,878 $ 487,519 $ 657,859 $ 369,708 $ 6,958,516 Unpaid principal balance of impaired loans $ 1,834,400 $ 4,040,905 $ 487,519 $ 1,183,016 $ 369,867 $ 7,915,707 Valuation allowance related to impaired loans $ 42,724 $ 282,532 $ 94,743 $ 26,803 $ 57,293 $ 504,095 Average investment in impaired loans $ 1,836,670 $ 4,233,405 $ 504,017 $ 950,946 $ 388,824 $ 7,913,862 Interest income recognized on impaired loans $ 95,095 $ 200,797 $ 27,397 $ 29,784 $ 15,076 $ 368,149 The following tables present an aging analysis of past due loans: September 30, 2015 30-89 Days 90 Days or Total Current Loans Total Loans Recorded ³ Residential 1-4 family $ 138,429 $ 823,100 $ 961,529 $ 96,754,921 $ 97,716,450 $ — Commercial real estate and multifamily — 78,177 78,177 98,366,992 98,445,169 — Construction and land 1,585,722 165,430 1,751,152 19,379,756 21,130,908 — Commercial 19,459 9,306 28,765 15,806,017 15,834,782 — Consumer and other 125,206 131,329 256,535 28,032,797 28,289,332 45,477 Total $ 1,868,816 $ 1,207,342 $ 3,076,158 $ 258,340,483 $ 261,416,641 $ 45,477 December 31, 2014 30-89 Days 90 Days or Total Current Loans Total Loans Recorded ³ Residential 1-4 family $ 1,177,389 $ 1,368,461 $ 2,545,850 $ 86,580,562 $ 89,126,412 $ — Commercial real estate and multifamily — 86,228 86,228 87,656,186 87,742,414 — Construction and land 33,790 525,591 559,381 26,742,392 27,301,773 — Commercial 14,448 — 14,448 14,349,097 14,363,545 — Consumer and other 98,598 202,722 301,320 24,397,110 24,698,430 12,335 Total $ 1,324,225 $ 2,183,002 $ 3,507,227 $ 239,725,347 $ 243,232,574 $ 12,335 Credit quality indicators: Federal regulations require the Company to review and classify its assets on a regular basis. There are three classifications for problem assets: substandard, doubtful, and loss. “Substandard assets” must have one or more defined weaknesses and are characterized by the distinct possibility that we will sustain some loss if the deficiencies are not corrected. “Doubtful assets” have the weaknesses of substandard assets with the additional characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions and values questionable, and there is a high possibility of loss. An asset classified “loss” is considered uncollectible and of such little value that continuance as an asset of the institution is not warranted. The regulations also provide for a “special mention” category, described as assets which do not currently expose an institution to a sufficient degree of risk to warrant classification but do possess credit deficiencies or potential weaknesses deserving close attention. When the Company classifies an asset as substandard or doubtful, it may establish a specific allowance for loan losses. The following outlines the amount of each loan classification and the amount categorized into each risk rating class: September 30, 2015 Pass Special Substandard Doubtful Loss Total Residential 1-4 family $ 92,893,978 $ 2,270,632 $ 2,551,840 $ — $ — $ 97,716,450 Commercial real estate and multifamily 97,977,583 — 467,586 — — 98,445,169 Construction and land 19,235,188 1,623,136 272,584 — — 21,130,908 Commercial 14,069,758 9,228 1,755,796 — — 15,834,782 Consumer and other 27,721,307 254,938 313,087 — — 28,289,332 Total $ 251,897,814 $ 4,157,934 $ 5,360,893 $ — $ — $ 261,416,641 December 31, 2014 Pass Special Substandard Doubtful Loss Total Residential 1-4 family $ 83,606,922 $ 1,870,612 $ 3,648,878 $ — $ — $ 89,126,412 Commercial real estate and multifamily 87,254,895 — 487,519 — — 87,742,414 Construction and land 24,981,671 1,662,243 657,859 — — 27,301,773 Commercial 12,555,528 13,465 1,794,552 — — 14,363,545 Consumer and other 24,062,048 266,674 369,708 — — 24,698,430 Total $ 232,461,064 $ 3,812,994 $ 6,958,516 $ — $ — $ 243,232,574 A modification of a loan constitutes a troubled debt restructuring (“TDR”) when a borrower is experiencing financial difficulty and the modification constitutes a concession. By granting the concession, the Company expects to increase the probability of collection by more than would be expected by not granting the concession. The Company’s determination of whether a modification is a TDR considers the facts and circumstances surrounding each respective modification. The following tables present information related to loans modified in a TDR: Nine Months Ended September 30, 2015 Number Pre-Modification Post-Modification Residential 1-4 family — $ — $ — Commercial real estate and multifamily — — — Construction and land — — — Commercial — — — Consumer and other 1 3,059 3,059 1 $ 3,059 $ 3,059 Nine Months Ended September 30, 2014 Number Pre-Modification Post-Modification Residential 1-4 family — $ — $ — Commercial real estate and multifamily — — — Construction and land — — — Commercial — — — Consumer and other 10 10,921 10,921 10 $ 10,921 $ 10,921 The following tables set forth loans modified in a TDR from October 1 through September 30, for each respective period, that subsequently defaulted (i.e., 60 days or more past due following a modification): Twelve Months Ended September 30, 2015 Number Of Outstanding Recorded Residential 1-4 family — $ — Commercial real estate and multifamily — — Construction and land — — Commercial — — Consumer and other — — — $ — Twelve Months Ended September 30, 2014 Number Of Outstanding Recorded Residential 1-4 family — $ — Commercial real estate and multifamily — — Construction and land — — Commercial — — Consumer and other 2 11,258 2 $ 11,258

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Note 5. Fair Value Disclosures The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with ASC Topic 820, Fair Value Measurements and Disclosures, ASC Topic 820 provides a consistent definition of fair value, which focuses on exit price in an orderly transaction between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. ASC Topic 820 also establishes a three-tier fair value which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value, as follows: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 – Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities in active markets, quoted prices in markets that are not active and other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. There have been no changes in the methodologies used at September 30, 2015 and December 31, 2014. The following methods and assumptions were used by the Company in estimating fair value disclosures for financial instruments. Cash, cash equivalents, and interest-bearing deposits in banks: The carrying amounts of cash, cash equivalents, and interest-bearing deposits in banks approximate fair values based on the short-term nature of the assets. These assets are included in Level 1 of the valuation hierarchy. Securities: Fair values are estimated using pricing models and discounted cash flows that consider standard input factors such as observable market data, benchmark yields, interest rate volatilities, broker/dealer quotes, and credit spreads. Securities classified as available for sale are reported at fair value utilizing Level 2 inputs. Investments, at cost: The carrying value of investments at cost approximate fair value. These assets are included in Level 3 of the valuation hierarchy. Loans: For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Fair value for fixed-rate loans are estimated using discounted cash flow analyses, using market interest rates for comparable loans. These are reflected within Level 3 of the valuation hierarchy. The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment in accordance with ASC Topic 310, Receivables Foreclosed real estate: Foreclosed real estate, consisting of properties obtained through foreclosure or in satisfaction of loans, is initially recorded at fair value, determined on the basis of current appraisals, comparable sales, and other estimates of value obtained principally from independent sources, adjusted for estimated selling costs. At the time of foreclosure, any excess of the loan balance over the fair value of the real estate held as collateral is treated as a charge against the allowance for loan losses. Gains or losses on sale and any subsequent adjustments to the fair value are recorded as a component of foreclosed real estate expense. Other real estate is included in Level 2 of the valuation hierarchy. Deposits: The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits and NOW, money market, and savings accounts, is equal to the amount payable on demand at the reporting date. The fair value of time deposits is based on the discounted value of contractual cash flows, and is included in Level 3 of the valuation hierarchy. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Securities sold under agreements to repurchase: The estimated fair value of these liabilities, which are extremely short term, approximates their carrying value. These liabilities are included in Level 3 of the valuation hierarchy. Federal Home Loan Bank advances: Rates currently available to the Company for debt with similar terms and remaining maturities are used to estimate the fair value of existing debt. These liabilities are included in Level 3 of the valuation hierarchy. Accrued interest: The carrying amounts of accrued interest approximate fair value. These assets and liabilities are included in Level 3 of the valuation hierarchy. Commitments to extend credit, letters of credit and lines of credit: The fair value of commitments is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis: Balance as of Quoted Prices in Significant Significant Securities of U.S. Government agencies and corporations $ 2,584,473 $ — $ 2,584,473 $ — Mortgage-backed securities 11,061,771 — 11,061,771 — State and municipal securities 13,019,627 — 13,019,627 — Total securities available for sale $ 26,665,871 $ — $ 26,665,871 $ — Balance as of Quoted Prices in Significant Significant Securities of U.S. Government agenciesand corporations $ 2,629,854 $ — $ 2,629,854 $ — Mortgage-backed securities 13,037,123 — 13,037,123 — State and municipal securities 13,104,777 — 13,104,777 — Total securities available for sale $ 28,771,754 $ — $ 28,771,754 $ — At September 30, 2015 and December 31, 2014, the Company had no assets or liabilities whose fair values are measured on a recurring basis using Level 3 inputs. Additionally, there were no transfers between Levels 1 and 2 during the nine months ended September 30, 2015. The tables below present information about assets and liabilities for which a nonrecurring change in fair value was recorded: Balance as of Quoted Prices in Significant Significant Impaired loans $ 2,925,335 $ — $ 1,215,892 $ 1,709,443 Foreclosed real estate 1,654,980 — 1,654,980 — Balance as of Quoted Prices in Significant Significant Impaired loans $ 2,691,266 $ — $ 966,265 $ 1,725,001 Foreclosed real estate 1,942,844 — 1,942,844 — For Level 3 assets measured at fair value on a non-recurring basis as of September 30, 2015, the significant unobservable inputs used in the fair value measurements are presented below. Carrying Valuation Significant Weighted Impaired loans $ 1,709,443 Present Discounted 6.50 % The carrying amount and estimated fair value of the Company’s financial instruments at September 30, 2015 and December 31, 2014 are as follows: September 30, 2015 December 31, 2014 Carrying Estimated Fair Carrying Estimated Fair Financial assets: Cash and cash equivalents $ 7,565,878 $ 7,565,878 $ 11,925,541 $ 11,925,541 Securities available for sale 26,665,871 26,665,871 28,771,754 28,771,754 Investments, at cost 3,855,350 3,855,350 3,449,000 3,449,000 Loans, net 256,535,822 255,886,032 238,558,389 239,013,615 Accrued interest receivable 958,074 958,074 1,007,115 1,007,115 Financial liabilities: Deposits 252,704,526 254,450,774 248,572,231 252,393,127 Securities sold under agreements to repurchase 1,282,668 1,282,668 1,512,993 1,512,993 Federal Home Loan Bank advances 11,500,000 11,499,995 5,000,000 5,000,112 Accrued interest payable 104,417 104,417 132,397 132,397 Unrecognized financial instruments (net of contract amount): Commitments to extend credit — — — — Letter of credit — — — — Lines of credit — — — —

Stock Options, ESOP, and Restri

Stock Options, ESOP, and Restricted Shares	9 Months Ended
	Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options, ESOP, and Restricted Shares	Note 6. Stock Options, ESOP, and Restricted Shares 2010 Equity Incentive Plan The Athens Bancshares Corporation 2010 Equity Incentive Plan (“the 2010 Plan”) was approved by the Company’s stockholders at the annual meeting of stockholders held on July 14, 2010. Under the terms of the 2010 Plan, the Company may grant restricted stock awards and stock options to its employees, officers, and directors. The purpose of the 2010 Plan is to promote the success of the Company by linking the personal interests of its employees, officers, and directors to the interest of the Company’s shareholders, and by providing participants with an incentive for remarkable performance. All of the Company’s employees, officers, and directors are eligible to participate in the 2010 Plan. Under terms of the 2010 Plan, the Company is authorized to issue up to 277,725 stock options and up to 111,090 shares of restricted stock. Stock Options: The Company granted stock options to its directors, officers, and employees on December 15, 2010. Both incentive stock options and non-qualified stock options were granted under the 2010 Plan. The exercise price for each option was equal to the market price of the Company’s stock on the date of grant and the maximum term of each option is ten years. The vesting period for all options is five years, pro rata, from the date of grant. The Company recognizes compensation expense over the vesting period, based on the grant-date fair value of the options granted. The fair value of each option granted is estimated on the date of grant using the Black-Scholes option-pricing model. For the nine months ended September 30, 2015 and 2014, the Company recorded stock compensation expense of $71,920 and $40,612, respectively. At September 30, 2015, the total remaining compensation cost to be recognized on non-vested options is approximately $177,000. A summary of the activity in the 2010 Plan for the nine months ended September 30, 2015, is presented in the following table: Nine Months Ended September 30, 2015 Shares Average Aggregate Outstanding at December 31, 2014 270,584 $ 13.60 — Granted — N/A — Exercised 20,829 $ 11.50 — Forfeited — N/A — Outstanding at September 30, 2015 249,755 $ 13.78 $ 4,048,437 Options exercisable at September 30, 2015 160,880 $ 11.50 $ 2,974,664 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on September 30, 2015. This amount changes based on changes in the market value of the Company’s stock. Other information regarding options outstanding and exercisable as of September 30, 2015, is as follows: Options Outstanding Options Exercisable Exercise Number Weighted- Weighted- Number Weighted- $11.50 208,092 $ 11.50 5.25 160,880 $ 11.50 $25.17 41,663 $ 25.17 9.25 — $ 25.17 Information pertaining to non-vested options for the three months ended September 30, 2015, is as follows: Number of Shares Weighted Average Non-vested options, December 31, 2014 88,875 $ 3.29 Granted — — Vested — — Forfeited — — Non-vested options, September 30, 2015 88,875 $ 3.29 Restricted Stock: On January 19, 2011, the Company awarded 94,426 shares of restricted stock to its directors, officers, and employees pursuant to the terms of the 2010 Plan. Compensation expense associated with the performance-based share awards is recognized over the time period that the restrictions associated with the awards lapse based on the total cost of the award, which is the fair market value of the stock on the date of the grant. The closing price on the date of the grants issued on January 19, 2011 was $12.75 per share. On December 19, 2012, the Company awarded 16,664 shares of restricted stock to its officers and employees pursuant to the terms of the 2010 Plan. The closing price on the date of the grants issued on December 19, 2012 was $16.65. For the nine months ended September 30, 2015 and 2014, the Company recognized $222,208 and $222,209, respectively, in compensation expense attributable to restricted shares that have been awarded. At September 30, 2015, the total remaining compensation cost to be recognized on non-vested restricted stock is approximately $426,000. A summary of activity for unvested restricted awards for the nine months ended September 30, 2015 is as follows: Number Grant Date Weighted- Unvested at December 31, 2014 47,769 $ 13.56 Shares awarded — — Restrictions lapsed and shares released (18,885 ) 12.75 Shares forfeited — — Unvested at September 30, 2015 28,884 $ 14.09 Employee Stock Ownership Plan (ESOP) The Bank sponsors a leveraged ESOP that covers substantially all employees who meet certain age and eligibility requirements. As part of the Company’s initial public offering, the ESOP purchased 222,180 shares, or approximately 8% of the 2,777,250 shares issued, with the proceeds of a 15 year loan from the Company which is payable in annual installments and bears interest at 3.25% per annum. The Bank has committed to make contributions to the ESOP sufficient to support the debt service of the loan. The loan is secured by the unallocated shares, which are held in a suspense account, and are allocated among the participants as the loan is repaid. Cash dividends paid on allocated shares are distributed to the participant and cash dividends paid on unallocated shares are used to repay the outstanding debt of the ESOP. ESOP shares are held by the plan trustee in a suspense account until allocated to participant accounts. Shares released from the suspense account are allocated to participants on the basis of their relative compensation in the year of allocation. Participants become vested in the allocated shares upon four years of employment with the Bank. Any forfeited shares are allocated to other participants in the same proportion as contributions. As ESOP shares are allocated to participants, the Bank recognizes compensation expense equal to the fair value of the earned ESOP shares. No compensation expense has been recorded for the nine months ended September 30, 2015 or 2014. Employee Stock Ownership Plan (ESOP) A detail of ESOP shares is as follows: September 30, December 31, Allocated shares 74,060 74,060 Unallocated shares 148,120 148,120 Total ESOP shares 222,180 222,180 Fair value of unallocated shares $ 4,442,119 $ 3,762,248

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances	9 Months Ended
	Sep. 30, 2015
Banking and Thrift [Abstract]
Federal Home Loan Bank Advances	Note 7. Federal Home Loan Bank Advances At September 30, 2015, the Bank had two short term advances outstanding of $2,000,000 and $9,500,000 with interest accruing at a rate of 0.18% and 0.20%, respectively. Pursuant to collateral agreements with the FHLB, the advance described above is secured by the Bank’s FHLB stock and qualifying first mortgage loans.

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Interim Financial Information (Unaudited)	Interim Financial Information (Unaudited) The accompanying unaudited consolidated financial statements have been prepared in accordance with GAAP for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X as promulgated by the SEC. Accordingly, they do not include all the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation of the financial condition and results of operations for the periods presented have been included. Operating results for the three and nine months ended September 30, 2015, are not necessarily indicative of the results that may be expected for the full year or for any other period. For further information, refer to the Company’s audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. The Company has evaluated events and transactions for potential recognition and disclosure through the date the financial statements were issued.
Nature of operations	Nature of operations The Company is a holding company whose principal activity is the ownership and management of its wholly owned subsidiary, Athens Federal Community Bank, National Association (the “Bank”). The Bank provides a variety of financial services to individuals and corporate customers through its seven branches located in Athens, Sweetwater, Etowah, Madisonville, and Cleveland, Tennessee. The Bank’s primary deposit products include checking, savings, certificates of deposit, and IRA accounts. Its primary lending products are one-to-four family residential, commercial real estate, and consumer loans. Southland Finance, Inc. (“Southland”) is a consumer finance company with one branch located in Athens, Tennessee. Ti-Serv, Inc. (“Ti-Serv”) maintains the Bank’s investment in Valley Title Services, LLC (“Valley Title”). Southland and Ti-Serv are wholly-owned subsidiaries of the Bank. Valley Title is a wholly-owned subsidiary of Ti-Serv.
Use of estimates	Use of estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of deferred tax assets, other-than-temporary impairment of securities, and the fair value of financial instruments.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company has determined that all recently issued accounting pronouncements are not expected to have a material impact on its consolidated financial statements or do not apply to its operations.
Earnings Per Common Share	Earnings Per Common Share Basic earnings per share are computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The following is a summary of the basic and diluted earnings per share for the three months ended September 30, 2015 and 2014: Three Months Ended September 30, 2015 2014 Basic earnings per share calculation: Numerator: Net income $ 843,409 $ 749,984 Denominator: Weighted average common shares outstanding 1,660,030 1,638,797 Effect of dilutive stock options 124,919 116,772 Diluted shares 1,784,949 1,755,569 Basic earnings per share $ 0.51 $ 0.46 Diluted earnings per share $ 0.47 $ 0.43 The following is a summary of the basic and diluted earnings per share for the nine months ended September 30, 2015 and 2014: Nine Months Ended September 30, 2015 2014 Basic earnings per share calculation: Numerator: Net income $ 2,184,612 $ 2,079,915 Denominator: Weighted average common shares outstanding 1,653,712 1,663,191 Effect of dilutive stock options 126,581 108,856 Diluted shares $ 1,780,293 $ 1,772,047 Basic earnings per share $ 1.32 $ 1.25 Diluted earnings per share $ 1.23 $ 1.17
Reclassifications	Reclassifications Certain amounts from prior period financial statements have been reclassified to conform to the current period’s presentation. The reclassifications had no effect on net income, total assets or stockholders’ equity as previously reported.
Fair value measurements and disclosures	The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with ASC Topic 820, Fair Value Measurements and Disclosures, ASC Topic 820 provides a consistent definition of fair value, which focuses on exit price in an orderly transaction between market participants at the measurement date under current market conditions. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires the use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. ASC Topic 820 also establishes a three-tier fair value which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value, as follows: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 – Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities in active markets, quoted prices in markets that are not active and other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. There have been no changes in the methodologies used at September 30, 2015 and December 31, 2014.
Receivables	Loans: For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Fair value for fixed-rate loans are estimated using discounted cash flow analyses, using market interest rates for comparable loans. These are reflected within Level 3 of the valuation hierarchy. The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment in accordance with ASC Topic 310, Receivables

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Summary of the Basic and Diluted Earnings Per Share	The following is a summary of the basic and diluted earnings per share for the three months ended September 30, 2015 and 2014: Three Months Ended September 30, 2015 2014 Basic earnings per share calculation: Numerator: Net income $ 843,409 $ 749,984 Denominator: Weighted average common shares outstanding 1,660,030 1,638,797 Effect of dilutive stock options 124,919 116,772 Diluted shares 1,784,949 1,755,569 Basic earnings per share $ 0.51 $ 0.46 Diluted earnings per share $ 0.47 $ 0.43 The following is a summary of the basic and diluted earnings per share for the nine months ended September 30, 2015 and 2014: Nine Months Ended September 30, 2015 2014 Basic earnings per share calculation: Numerator: Net income $ 2,184,612 $ 2,079,915 Denominator: Weighted average common shares outstanding 1,653,712 1,663,191 Effect of dilutive stock options 126,581 108,856 Diluted shares $ 1,780,293 $ 1,772,047 Basic earnings per share $ 1.32 $ 1.25 Diluted earnings per share $ 1.23 $ 1.17

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Estimated Fair Value of Securities Classified as Available for Sale	The amortized cost and estimated fair value of securities classified as available for sale at September 30, 2015 and December 31, 2014 are as follows: September 30, 2015 Amortized Gross Gross Fair Securities of U.S. Government agencies and corporations $ 2,568,777 $ 21,531 $ (5,835 ) $ 2,584,473 Mortgage-backed and related securities (1) 10,841,447 222,478 (2,154 ) 11,061,771 State and municipal securities 12,716,799 312,800 (9,972 ) 13,019,627 $ 26,127,023 $ 566,809 $ (17,961 ) $ 26,665,871 December 31, 2014 Amortized Gross Gross Fair Securities of U.S. Government agencies and corporations $ 2,641,393 $ 9,564 $ (21,103 ) $ 2,629,854 Mortgage-backed and related securities (1) 12,835,109 204,492 (2,478 ) 13,037,123 State and municipal securities 12,750,735 393,364 (39,322 ) 13,104,777 $ 28,227,237 $ 607,420 $ (62,903 ) $ 28,771,754 (1) Collateralized by residential mortgages and guaranteed by U.S. Government sponsored entities.
Amortized Cost and Estimated Fair Value of Securities, by Contractual Maturity	The amortized cost and estimated market value of securities at September 30, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. September 30, 2015 Securities Available for Sale Amortized Fair Due in one year or less $ 171,425 $ 172,489 Due after one year through five years 9,037,555 9,178,440 Due five years to ten years 4,918,172 5,081,931 Due after ten years 1,158,424 1,171,240 Mortgage-backed securities 10,841,447 11,061,771 Total $ 26,127,023 $ 26,665,871
Summary of Securities with Gross Unrealized Losses, Aggregated by Investment Category	Securities with gross unrealized losses at September 30, 2015 and December 31, 2014, aggregated by investment category and length of time that individual securities have been in a continuous loss position, are as follows: September 30, 2015 Less than 12 Months 12 Months or Greater Total Fair Gross Fair Gross Fair Gross (dollars in thousands) Securities of U.S. Government agencies and corporations $ — $ — $ 994 $ (6 ) $ 994 $ (6 ) State and municipal securities 1,491 (2 ) 918 (8 ) 2,409 (10 ) Mortgage-backed and related securities 1,367 (2 ) — — 1,367 (2 ) $ 2,858 $ (4 ) $ 1,912 $ (14 ) $ 4,770 $ (18 ) December 31, 2014 Less than 12 Months 12 Months or Greater Total Fair Gross Fair Gross Fair Gross (dollars in thousands) Securities of U.S. Government agencies and corporations $ — $ — $ 979 $ (21 ) $ 979 $ (21 ) State and municipal securities — — 2,354 (39 ) 2,354 (39 ) Mortgage-backed and related securities 986 (2 ) 793 (1 ) 1,779 (3 ) $ 986 $ (2 ) $ 4,126 $ (61 ) $ 5,112 $ (63 )

Investments, at Cost (Tables)

Investments, at Cost (Tables)	9 Months Ended
	Sep. 30, 2015
Investments, All Other Investments [Abstract]
Investments, at Cost Detailed	Investments carried at cost at September 30, 2015 and December 31, 2014 consists of: September 30, December 31, Federal Home Loan Bank of Cincinnati common stock $ 2,549,000 $ 2,549,000 Federal Reserve Bank stock 406,350 — Tenth Street Fund III, L.P. investment 900,000 900,000 $ 3,855,350 $ 3,449,000

Loans and Allowances for Loan20

Loans and Allowances for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Company's Loans	The Company’s loans consist of the following at September 30, 2015 and December 31, 2014: September 30, December 31, Mortgage loans on real estate: Residential 1-4 family $ 97,716,450 $ 89,126,412 Commercial real estate and multi-family 98,445,169 87,742,414 Construction and land 21,130,908 27,301,773 217,292,527 204,170,599 Commercial loans 15,834,782 14,363,545 Consumer and other 28,289,332 24,698,430 Total loans 261,416,641 243,232,574 Less: Allowance for loan losses (3,886,738 ) (3,914,848 ) Unearned interest and fees (477,514 ) (363,622 ) Net deferred loan origination fees (516,567 ) (395,715 ) Loans, net $ 256,535,822 $ 238,558,389
Allowance for Loan Losses	The following presents activity in the allowance for loan losses for the nine months ended September 30, 2015 and the year ended December 31, 2014: September 30, December 31, Beginning balance $ 3,914,848 $ 4,432,069 Provision for loan losses 250,219 109,621 Loans charged-off (347,280 ) (696,602 ) Recoveries 68,951 69,760 Ending balance $ 3,886,738 $ 3,914,848
Allocation of the Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment	The allocation of the allowance for loan losses and recorded investment in loans by portfolio segment are as follows: September 30, 2015 Commercial Residential Commercial Construction Consumer and Unallocated Total Specified reserves- impaired loans $ 20,095 $ 190,849 $ 91,489 $ 26,417 $ 59,945 $ — $ 388,795 General reserves 301,537 886,862 1,224,171 550,481 534,891 1 3,497,943 Total reserves $ 321,632 $ 1,077,711 $ 1,315,660 $ 576,898 $ 594,836 $ 1 $ 3,886,738 Impaired loans $ 1,755,796 $ 2,551,840 $ 467,586 $ 272,584 $ 313,087 $ — $ 5,360,893 Performing loans 14,078,986 95,164,610 97,977,583 20,858,324 27,976,245 — 256,055,748 Total $ 15,834,782 $ 97,716,450 $ 98,445,169 $ 21,130,908 $ 28,289,332 $ — $ 261,416,641 December 31, 2014 Commercial Residential Commercial Construction Consumer and Unallocated Total Specified reserves- impaired loans $ 42,724 $ 282,532 $ 94,743 $ 26,803 $ 57,293 $ — $ 504,095 General reserves 270,163 828,557 1,139,953 597,247 443,284 131,549 3,410,753 Total reserves $ 312,887 $ 1,111,089 $ 1,234,696 $ 624,050 $ 500,577 $ 131,549 $ 3,914,848 Impaired loans $ 1,794,552 $ 3,648,878 $ 487,519 $ 657,859 $ 369,708 $ — $ 6,958,516 Performing loans 12,568,993 85,477,534 87,254,895 26,643,914 24,328,722 — 236,274,058 Total $ 14,363,545 $ 89,126,412 $ 87,742,414 $ 27,301,773 $ 24,698,430 $ — $ 243,232,574
Changes in the Allowance for Loan Losses by Class of Loan	The following table details the changes in the allowance for loan losses from December 31, 2013 to September 30, 2015 by class of loan: Commercial Residential Commercial Construction Consumer Unallocated Total Balance, December 31, 2013 $ 331,938 $ 1,442,506 $ 1,108,958 $ 956,726 $ 530,557 $ 61,384 $ 4,432,069 Provision (reallocation) for loan losses (10,828 ) (291,330 ) 364,436 (156,990 ) 134,168 70,165 109,621 Loans charged-off (8,223 ) (43,999 ) (238,698 ) (175,686 ) (229,996 ) — (696,602 ) Recoveries — 3,912 — — 65,848 — 69,760 Balance, December 31, 2014 312,887 1,111,089 1,234,696 624,050 500,577 131,549 3,914,848 Provision (reallocation) for loan losses 8,745 2,605 81,201 116,983 172,233 (131,548 ) 250,219 Loans charged-off — (53,809 ) (237 ) (164,135 ) (129,099 ) — (347,280 ) Recoveries — 17,826 — — 51,125 — 68,951 Balance, September 30, 2015 $ 321,632 $ 1,077,711 $ 1,315,660 $ 576,898 $ 594,836 $ 1 $ 3,886,738
Loans Individually Evaluated for Impairment by Class of Loans	The following tables present loans individually evaluated for impairment by class of loans as of September 30, 2015 and December 31, 2014: September 30, 2015 Commercial Residential Commercial Construction Consumer Total Impaired loans: Without a valuation allowance $ 23,320 $ 1,556,473 $ 215,656 $ 197,108 $ 54,206 $ 2,046,763 With a valuation allowance 1,732,476 995,367 251,930 75,476 258,881 3,314,130 Recorded investment in impaired loans $ 1,755,796 $ 2,551,840 $ 467,586 $ 272,584 $ 313,087 $ 5,360,893 Unpaid principal balance of impaired loans $ 1,795,644 $ 2,943,867 $ 476,586 $ 797,741 $ 313,087 $ 6,326,925 Valuation allowance related to impaired loans $ 20,095 $ 190,849 $ 91,489 $ 26,417 $ 59,945 $ 388,795 Average investment in impaired loans $ 1,776,355 $ 2,721,750 $ 477,621 $ 299,149 $ 313,689 $ 5,588,564 Interest income recognized on impaired loans $ 68,290 $ 99,758 $ 19,592 $ 7,813 $ 5,792 $ 201,245 December 31, 2014 Commercial Residential Commercial Construction Consumer Total Impaired loans: Without a valuation allowance $ 22,262 $ 2,734,578 $ 230,238 $ 581,279 $ 194,798 $ 3,763,155 With a valuation allowance 1,772,290 914,300 257,281 76,580 174,910 3,195,361 Recorded investment in impaired loans $ 1,794,552 $ 3,648,878 $ 487,519 $ 657,859 $ 369,708 $ 6,958,516 Unpaid principal balance of impaired loans $ 1,834,400 $ 4,040,905 $ 487,519 $ 1,183,016 $ 369,867 $ 7,915,707 Valuation allowance related to impaired loans $ 42,724 $ 282,532 $ 94,743 $ 26,803 $ 57,293 $ 504,095 Average investment in impaired loans $ 1,836,670 $ 4,233,405 $ 504,017 $ 950,946 $ 388,824 $ 7,913,862 Interest income recognized on impaired loans $ 95,095 $ 200,797 $ 27,397 $ 29,784 $ 15,076 $ 368,149
Aging Analysis of Past Due Loans	The following tables present an aging analysis of past due loans: September 30, 2015 30-89 Days 90 Days or Total Current Loans Total Loans Recorded ³ Residential 1-4 family $ 138,429 $ 823,100 $ 961,529 $ 96,754,921 $ 97,716,450 $ — Commercial real estate and multifamily — 78,177 78,177 98,366,992 98,445,169 — Construction and land 1,585,722 165,430 1,751,152 19,379,756 21,130,908 — Commercial 19,459 9,306 28,765 15,806,017 15,834,782 — Consumer and other 125,206 131,329 256,535 28,032,797 28,289,332 45,477 Total $ 1,868,816 $ 1,207,342 $ 3,076,158 $ 258,340,483 $ 261,416,641 $ 45,477 December 31, 2014 30-89 Days 90 Days or Total Current Loans Total Loans Recorded ³ Residential 1-4 family $ 1,177,389 $ 1,368,461 $ 2,545,850 $ 86,580,562 $ 89,126,412 $ — Commercial real estate and multifamily — 86,228 86,228 87,656,186 87,742,414 — Construction and land 33,790 525,591 559,381 26,742,392 27,301,773 — Commercial 14,448 — 14,448 14,349,097 14,363,545 — Consumer and other 98,598 202,722 301,320 24,397,110 24,698,430 12,335 Total $ 1,324,225 $ 2,183,002 $ 3,507,227 $ 239,725,347 $ 243,232,574 $ 12,335
Amount of Each Loan Classification and the Amount Categorized into Each Risk Rating Class	The following outlines the amount of each loan classification and the amount categorized into each risk rating class: September 30, 2015 Pass Special Substandard Doubtful Loss Total Residential 1-4 family $ 92,893,978 $ 2,270,632 $ 2,551,840 $ — $ — $ 97,716,450 Commercial real estate and multifamily 97,977,583 — 467,586 — — 98,445,169 Construction and land 19,235,188 1,623,136 272,584 — — 21,130,908 Commercial 14,069,758 9,228 1,755,796 — — 15,834,782 Consumer and other 27,721,307 254,938 313,087 — — 28,289,332 Total $ 251,897,814 $ 4,157,934 $ 5,360,893 $ — $ — $ 261,416,641 December 31, 2014 Pass Special Substandard Doubtful Loss Total Residential 1-4 family $ 83,606,922 $ 1,870,612 $ 3,648,878 $ — $ — $ 89,126,412 Commercial real estate and multifamily 87,254,895 — 487,519 — — 87,742,414 Construction and land 24,981,671 1,662,243 657,859 — — 27,301,773 Commercial 12,555,528 13,465 1,794,552 — — 14,363,545 Consumer and other 24,062,048 266,674 369,708 — — 24,698,430 Total $ 232,461,064 $ 3,812,994 $ 6,958,516 $ — $ — $ 243,232,574
Modification of Loans as TDR	The following tables present information related to loans modified in a TDR: Nine Months Ended September 30, 2015 Number Pre-Modification Post-Modification Residential 1-4 family — $ — $ — Commercial real estate and multifamily — — — Construction and land — — — Commercial — — — Consumer and other 1 3,059 3,059 1 $ 3,059 $ 3,059 Nine Months Ended September 30, 2014 Number Pre-Modification Post-Modification Residential 1-4 family — $ — $ — Commercial real estate and multifamily — — — Construction and land — — — Commercial — — — Consumer and other 10 10,921 10,921 10 $ 10,921 $ 10,921
Financial Receivable Modifications Subsequent Default	The following tables set forth loans modified in a TDR from October 1 through September 30, for each respective period, that subsequently defaulted (i.e., 60 days or more past due following a modification): Twelve Months Ended September 30, 2015 Number Outstanding Recorded Residential 1-4 family — $ — Commercial real estate and multifamily — — Construction and land — — Commercial — — Consumer and other — — — $ — Twelve Months Ended September 30, 2014 Number Outstanding Recorded Residential 1-4 family — $ — Commercial real estate and multifamily — — Construction and land — — Commercial — — Consumer and other 2 11,258 2 $ 11,258

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Recorded Amount of Assets and Liabilities Measured at Fair Value on Recurring Basis	The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis: Balance as of Quoted Prices in Significant Significant Securities of U.S. Government agencies and corporations $ 2,584,473 $ — $ 2,584,473 $ — Mortgage-backed securities 11,061,771 — 11,061,771 — State and municipal securities 13,019,627 — 13,019,627 — Total securities available for sale $ 26,665,871 $ — $ 26,665,871 $ — Balance as of Quoted Prices in Significant Significant Securities of U.S. Government agenciesand corporations $ 2,629,854 $ — $ 2,629,854 $ — Mortgage-backed securities 13,037,123 — 13,037,123 — State and municipal securities 13,104,777 — 13,104,777 — Total securities available for sale $ 28,771,754 $ — $ 28,771,754 $ —
Assets and Liabilities for which a Nonrecurring Change in Fair Value was Recorded	The tables below present information about assets and liabilities for which a nonrecurring change in fair value was recorded: Balance as of Quoted Prices in Significant Significant Impaired loans $ 2,925,335 $ — $ 1,215,892 $ 1,709,443 Foreclosed real estate 1,654,980 — 1,654,980 — Balance as of Quoted Prices in Significant Significant Impaired loans $ 2,691,266 $ — $ 966,265 $ 1,725,001 Foreclosed real estate 1,942,844 — 1,942,844 —
Significant Unobservable Inputs Used in Fair Value Measurements	For Level 3 assets measured at fair value on a non-recurring basis as of September 30, 2015, the significant unobservable inputs used in the fair value measurements are presented below. Carrying Valuation Significant Weighted Impaired loans $ 1,709,443 Present Discounted 6.50 %
Carrying Amount and Estimated Fair Value of the Company's Financial Instruments	The carrying amount and estimated fair value of the Company’s financial instruments at September 30, 2015 and December 31, 2014 are as follows: September 30, 2015 December 31, 2014 Carrying Estimated Carrying Estimated Financial assets: Cash and cash equivalents $ 7,565,878 $ 7,565,878 $ 11,925,541 $ 11,925,541 Securities available for sale 26,665,871 26,665,871 28,771,754 28,771,754 Investments, at cost 3,855,350 3,855,350 3,449,000 3,449,000 Loans, net 256,535,822 255,886,032 238,558,389 239,013,615 Accrued interest receivable 958,074 958,074 1,007,115 1,007,115 Financial liabilities: Deposits 252,704,526 254,450,774 248,572,231 252,393,127 Securities sold under agreements to repurchase 1,282,668 1,282,668 1,512,993 1,512,993 Federal Home Loan Bank advances 11,500,000 11,499,995 5,000,000 5,000,112 Accrued interest payable 104,417 104,417 132,397 132,397 Unrecognized financial instruments (net of contract amount): Commitments to extend credit — — — — Letter of credit — — — — Lines of credit — — — —

Stock Options, ESOP, and Rest22

Stock Options, ESOP, and Restricted Shares (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Activity in the 2010 Plan	A summary of the activity in the 2010 Plan for the nine months ended September 30, 2015, is presented in the following table: Nine Months Ended September 30, 2015 Shares Average Aggregate Outstanding at December 31, 2014 270,584 $ 13.60 — Granted — N/A — Exercised 20,829 $ 11.50 — Forfeited — N/A — Outstanding at September 30, 2015 249,755 $ 13.78 $ 4,048,437 Options exercisable at September 30, 2015 160,880 $ 11.50 $ 2,974,664 (1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on September 30, 2015. This amount changes based on changes in the market value of the Company’s stock.
Information Regarding Options Outstanding and Exercisable	Other information regarding options outstanding and exercisable as of September 30, 2015, is as follows: Options Outstanding Options Exercisable Exercise Number Weighted- Weighted- Number Weighted- $11.50 208,092 $ 11.50 5.25 160,880 $ 11.50 $25.17 41,663 $ 25.17 9.25 — $ 25.17
Non-Vested Options	Information pertaining to non-vested options for the three months ended September 30, 2015, is as follows: Number of Shares Weighted Average Non-vested options, December 31, 2014 88,875 $ 3.29 Granted — — Vested — — Forfeited — — Non-vested options, September 30, 2015 88,875 $ 3.29
Summary of Activity for Unvested Restricted Awards	A summary of activity for unvested restricted awards for the nine months ended September 30, 2015 is as follows: Number Grant Date Weighted- Unvested at December 31, 2014 47,769 $ 13.56 Shares awarded — — Restrictions lapsed and shares released (18,885 ) 12.75 Shares forfeited — — Unvested at September 30, 2015 28,884 $ 14.09
ESOP Shares	A detail of ESOP shares is as follows: September 30, December 31, Allocated shares 74,060 74,060 Unallocated shares 148,120 148,120 Total ESOP shares 222,180 222,180 Fair value of unallocated shares $ 4,442,119 $ 3,762,248

Summary of Significant Accoun23

Summary of Significant Accounting Policies - Additional Information (Detail)	Sep. 30, 2015Branch
Schedule of Accounting Policies [Line Items]
Number of branches	7
Southland Finance, Inc. [Member]
Schedule of Accounting Policies [Line Items]
Number of branches	1

Summary of Significant Accoun24

Summary of Significant Accounting Policies - Summary of the Basic and Diluted Earnings Per Share (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share [Abstract]
Numerator: Net income	$ 843,409	$ 749,984	$ 2,184,612	$ 2,079,915
Denominator: Weighted average common shares outstanding	1,660,030	1,638,797	1,653,712	1,663,191
Effect of dilutive stock options	124,919	116,772	126,581	108,856
Diluted shares	1,784,949	1,755,569	1,780,293	1,772,047
Basic earnings per share	$ 0.51	$ 0.46	$ 1.32	$ 1.25
Diluted earnings per share	$ 0.47	$ 0.43	$ 1.23	$ 1.17

Securities - Amortized Cost and

Securities - Amortized Cost and Estimated Fair Value of Securities Classified as Available for Sale (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Securities Available for Sale, Amortized Cost	$ 26,127,023	$ 28,227,237
Securities Available for Sale, Gross Unrealized Gains	566,809	607,420
Securities Available for Sale, Gross Unrealized Losses	(17,961)	(62,903)
Securities Available for Sale, Total, Fair Value	26,665,871	28,771,754
Securities of U.S. Government Agencies and Corporations [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities Available for Sale, Amortized Cost	2,568,777	2,641,393
Securities Available for Sale, Gross Unrealized Gains	21,531	9,564
Securities Available for Sale, Gross Unrealized Losses	(5,835)	(21,103)
Securities Available for Sale, Total, Fair Value	2,584,473	2,629,854
Mortgage-Backed and Related Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities Available for Sale, Amortized Cost	10,841,447	12,835,109
Securities Available for Sale, Gross Unrealized Gains	222,478	204,492
Securities Available for Sale, Gross Unrealized Losses	(2,154)	(2,478)
Securities Available for Sale, Total, Fair Value	11,061,771	13,037,123
State and Municipal Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities Available for Sale, Amortized Cost	12,716,799	12,750,735
Securities Available for Sale, Gross Unrealized Gains	312,800	393,364
Securities Available for Sale, Gross Unrealized Losses	(9,972)	(39,322)
Securities Available for Sale, Total, Fair Value	$ 13,019,627	$ 13,104,777

Securities - Additional Informa

Securities - Additional Information (Detail)	9 Months Ended		12 Months Ended
	Sep. 30, 2015USD ($)Security	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)Security
Investments, Debt and Equity Securities [Abstract]
Held-to-maturity securities	$ 0		$ 0
Gains or losses from marketable securities	0	$ 0
Pledged securities, carrying values	$ 2,011,000		$ 19,554,000
Number of depreciated securities | Security	8		5
Securities with unrealized losses, depreciated from the Company's amortized cost basis	0.38%		1.22%

Securities - Amortized Cost a27

Securities - Amortized Cost and Estimated Fair Value of Securities, by Contractual Maturity (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Securities Available for Sale, Due in one year or less, Amortized Cost	$ 171,425
Securities Available for Sale, Due after one year through five years, Amortized Cost	9,037,555
Securities Available for Sale, Due five years to ten years, Amortized Cost	4,918,172
Securities Available for Sale, Due after ten years, Amortized Cost	1,158,424
Securities Available for Sale, Mortgage-backed securities, Amortized Cost	10,841,447
Securities Available for Sale, Total, Amortized Cost	26,127,023
Securities Available for Sale, Due in one year or less, Fair Value	172,489
Securities Available for Sale, Due after one year through five years, Fair Value	9,178,440
Securities Available for Sale, Due five years to ten years, Fair Value	5,081,931
Securities Available for Sale, Due after ten years, Fair Value	1,171,240
Securities Available for Sale, Mortgage-backed securities, Fair Value	11,061,771
Securities Available for Sale, Total, Fair Value	$ 26,665,871	$ 28,771,754

Securities - Summary of Securit

Securities - Summary of Securities with Gross Unrealized Losses, Aggregated by Investment Category (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 2,858	$ 986
Less than 12 Months, Gross Unrealized Losses	(4)	(2)
12 Months or Greater, Fair Value	1,912	4,126
12 Months or Greater, Gross Unrealized Losses	(14)	(61)
Fair Value, Total	4,770	5,112
Gross Unrealized Losses, Total	(18)	(63)
Securities of U.S. Government Agencies and Corporations [Member]
Schedule of Available-for-sale Securities [Line Items]
12 Months or Greater, Fair Value	994	979
12 Months or Greater, Gross Unrealized Losses	(6)	(21)
Fair Value, Total	994	979
Gross Unrealized Losses, Total	(6)	(21)
State and Municipal Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	1,491
Less than 12 Months, Gross Unrealized Losses	(2)
12 Months or Greater, Fair Value	918	2,354
12 Months or Greater, Gross Unrealized Losses	(8)	(39)
Fair Value, Total	2,409	2,354
Gross Unrealized Losses, Total	(10)	(39)
Mortgage-Backed and Related Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	1,367	986
Less than 12 Months, Gross Unrealized Losses	(2)	(2)
12 Months or Greater, Fair Value		793
12 Months or Greater, Gross Unrealized Losses		(1)
Fair Value, Total	1,367	1,779
Gross Unrealized Losses, Total	$ (2)	$ (3)

Investments, at Cost - Investme

Investments, at Cost - Investments, at Cost Detailed (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Investments, All Other Investments [Abstract]
Federal Home Loan Bank of Cincinnati common stock	$ 2,549,000	$ 2,549,000
Federal Reserve Bank stock	406,350
Tenth Street Fund III, L.P. investment	900,000	900,000
Total	$ 3,855,350	$ 3,449,000

Loans and Allowances for Loan30

Loans and Allowances for Loan Losses - Company's Loans (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	$ 217,292,527	$ 204,170,599
Total loans	261,416,641	243,232,574
Less: Allowance for loan losses	(3,886,738)	(3,914,848)	$ (4,432,069)
Unearned interest and fees	(477,514)	(363,622)
Net deferred loan origination fees	(516,567)	(395,715)
Loans, net	256,535,822	238,558,389
Residential 1-4 Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	97,716,450	89,126,412
Total loans	97,716,450	89,126,412
Less: Allowance for loan losses	(1,077,711)	(1,111,089)	(1,442,506)
Commercial Real Estate and Multi-Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	98,445,169	87,742,414
Total loans	98,445,169	87,742,414
Less: Allowance for loan losses	(1,315,660)	(1,234,696)	(1,108,958)
Construction and Land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans on real estate	21,130,908	27,301,773
Total loans	21,130,908	27,301,773
Less: Allowance for loan losses	(576,898)	(624,050)	(956,726)
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	15,834,782	14,363,545
Less: Allowance for loan losses	(321,632)	(312,887)	(331,938)
Consumer and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	28,289,332	24,698,430
Less: Allowance for loan losses	$ (594,836)	$ (500,577)	$ (530,557)

Loans and Allowances for Loan31

Loans and Allowances for Loan Losses - Allowance for Loan Losses (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			$ 3,914,848	$ 4,432,069	$ 4,432,069
Provision for loan losses	$ 48,406	$ 31,985	250,219	$ 85,147	109,621
Loans charged-off			(347,280)		(696,602)
Recoveries			68,951		69,760
Ending balance	$ 3,886,738		$ 3,886,738		$ 3,914,848

Loans and Allowances for Loan32

Loans and Allowances for Loan Losses - Allocation of the Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]
Specified reserves- impaired loans	$ 388,795	$ 504,095
General reserves	3,497,943	3,410,753
Total reserves	3,886,738	3,914,848	$ 4,432,069
Impaired loans	5,360,893	6,958,516
Performing loans	256,055,748	236,274,058
Total loans	261,416,641	243,232,574
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Specified reserves- impaired loans	20,095	42,724
General reserves	301,537	270,163
Total reserves	321,632	312,887	331,938
Impaired loans	1,755,796	1,794,552
Performing loans	14,078,986	12,568,993
Total loans	15,834,782	14,363,545
Residential 1-4 Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Specified reserves- impaired loans	190,849	282,532
General reserves	886,862	828,557
Total reserves	1,077,711	1,111,089	1,442,506
Impaired loans	2,551,840	3,648,878
Performing loans	95,164,610	85,477,534
Total loans	97,716,450	89,126,412
Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Specified reserves- impaired loans	91,489	94,743
General reserves	1,224,171	1,139,953
Total reserves	1,315,660	1,234,696	1,108,958
Impaired loans	467,586	487,519
Performing loans	97,977,583	87,254,895
Total loans	98,445,169	87,742,414
Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Specified reserves- impaired loans	26,417	26,803
General reserves	550,481	597,247
Total reserves	576,898	624,050	956,726
Impaired loans	272,584	657,859
Performing loans	20,858,324	26,643,914
Total loans	21,130,908	27,301,773
Consumer and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Specified reserves- impaired loans	59,945	57,293
General reserves	534,891	443,284
Total reserves	594,836	500,577	530,557
Impaired loans	313,087	369,708
Performing loans	27,976,245	24,328,722
Total loans	28,289,332	24,698,430
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
General reserves	1	131,549
Total reserves	$ 1	$ 131,549	$ 61,384

Loans and Allowances for Loan33

Loans and Allowances for Loan Losses - Changes in the Allowance for Loan Losses by Class of Loan (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 3,914,848	$ 4,432,069
Provision (reallocation) for loan losses	250,219	109,621
Loans charged-off	(347,280)	(696,602)
Recoveries	68,951	69,760
Ending balance	3,886,738	3,914,848
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	312,887	331,938
Provision (reallocation) for loan losses	8,745	(10,828)
Loans charged-off		(8,223)
Ending balance	321,632	312,887
Residential 1-4 Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	1,111,089	1,442,506
Provision (reallocation) for loan losses	2,605	(291,330)
Loans charged-off	(53,809)	(43,999)
Recoveries	17,826	3,912
Ending balance	1,077,711	1,111,089
Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	1,234,696	1,108,958
Provision (reallocation) for loan losses	81,201	364,436
Loans charged-off	(237)	(238,698)
Ending balance	1,315,660	1,234,696
Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	624,050	956,726
Provision (reallocation) for loan losses	116,983	(156,990)
Loans charged-off	(164,135)	(175,686)
Ending balance	576,898	624,050
Consumer and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	500,577	530,557
Provision (reallocation) for loan losses	172,233	134,168
Loans charged-off	(129,099)	(229,996)
Recoveries	51,125	65,848
Ending balance	594,836	500,577
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	131,549	61,384
Provision (reallocation) for loan losses	(131,548)	70,165
Ending balance	$ 1	$ 131,549

Loans and Allowances for Loan34

Loans and Allowances for Loan Losses - Loans Individually Evaluated for Impairment by Class of Loans (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Without a valuation allowance	$ 2,046,763	$ 3,763,155
With a valuation allowance	3,314,130	3,195,361
Recorded investment in impaired loans	5,360,893	6,958,516
Unpaid principal balance of impaired loans	6,326,925	7,915,707
Valuation allowance related to impaired loans	388,795	504,095
Average investment in impaired loans	5,588,564	7,913,862
Interest income recognized on impaired loans	201,245	368,149
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Without a valuation allowance	23,320	22,262
With a valuation allowance	1,732,476	1,772,290
Recorded investment in impaired loans	1,755,796	1,794,552
Unpaid principal balance of impaired loans	1,795,644	1,834,400
Valuation allowance related to impaired loans	20,095	42,724
Average investment in impaired loans	1,776,355	1,836,670
Interest income recognized on impaired loans	68,290	95,095
Residential 1-4 Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Without a valuation allowance	1,556,473	2,734,578
With a valuation allowance	995,367	914,300
Recorded investment in impaired loans	2,551,840	3,648,878
Unpaid principal balance of impaired loans	2,943,867	4,040,905
Valuation allowance related to impaired loans	190,849	282,532
Average investment in impaired loans	2,721,750	4,233,405
Interest income recognized on impaired loans	99,758	200,797
Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Without a valuation allowance	215,656	230,238
With a valuation allowance	251,930	257,281
Recorded investment in impaired loans	467,586	487,519
Unpaid principal balance of impaired loans	476,586	487,519
Valuation allowance related to impaired loans	91,489	94,743
Average investment in impaired loans	477,621	504,017
Interest income recognized on impaired loans	19,592	27,397
Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Without a valuation allowance	197,108	581,279
With a valuation allowance	75,476	76,580
Recorded investment in impaired loans	272,584	657,859
Unpaid principal balance of impaired loans	797,741	1,183,016
Valuation allowance related to impaired loans	26,417	26,803
Average investment in impaired loans	299,149	950,946
Interest income recognized on impaired loans	7,813	29,784
Consumer and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Without a valuation allowance	54,206	194,798
With a valuation allowance	258,881	174,910
Recorded investment in impaired loans	313,087	369,708
Unpaid principal balance of impaired loans	313,087	369,867
Valuation allowance related to impaired loans	59,945	57,293
Average investment in impaired loans	313,689	388,824
Interest income recognized on impaired loans	$ 5,792	$ 15,076

Loans and Allowances for Loan35

Loans and Allowances for Loan Losses - Aging Analysis of Past Due Loans (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 3,076,158	$ 3,507,227
Current Loans	258,340,483	239,725,347
Total loans	261,416,641	243,232,574
Recorded Investment Greater than or equal to 90 Days Past Due and Accruing	45,477	12,335
Residential 1-4 Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	961,529	2,545,850
Current Loans	96,754,921	86,580,562
Total loans	97,716,450	89,126,412
Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	78,177	86,228
Current Loans	98,366,992	87,656,186
Total loans	98,445,169	87,742,414
Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,751,152	559,381
Current Loans	19,379,756	26,742,392
Total loans	21,130,908	27,301,773
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	28,765	14,448
Current Loans	15,806,017	14,349,097
Total loans	15,834,782	14,363,545
Consumer and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	256,535	301,320
Current Loans	28,032,797	24,397,110
Total loans	28,289,332	24,698,430
Recorded Investment Greater than or equal to 90 Days Past Due and Accruing	45,477	12,335
30-89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,868,816	1,324,225
30-89 Days Past Due [Member] | Residential 1-4 Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	138,429	1,177,389
30-89 Days Past Due [Member] | Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,585,722	33,790
30-89 Days Past Due [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	19,459	14,448
30-89 Days Past Due [Member] | Consumer and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	125,206	98,598
90 Days or More Past Due and Non-Accrual [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	1,207,342	2,183,002
90 Days or More Past Due and Non-Accrual [Member] | Residential 1-4 Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	823,100	1,368,461
90 Days or More Past Due and Non-Accrual [Member] | Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	78,177	86,228
90 Days or More Past Due and Non-Accrual [Member] | Construction and Land [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	165,430	525,591
90 Days or More Past Due and Non-Accrual [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	9,306
90 Days or More Past Due and Non-Accrual [Member] | Consumer and Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 131,329	$ 202,722

Loans and Allowances for Loan36

Loans and Allowances for Loan Losses - Amount of Each Loan Classification and the Amount Categorized into Each Risk Rating Class (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total	$ 261,416,641	$ 243,232,574
Residential 1-4 Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	97,716,450	89,126,412
Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	98,445,169	87,742,414
Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	21,130,908	27,301,773
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	15,834,782	14,363,545
Consumer and Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	28,289,332	24,698,430
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	251,897,814	232,461,064
Pass [Member] | Residential 1-4 Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	92,893,978	83,606,922
Pass [Member] | Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	97,977,583	87,254,895
Pass [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	19,235,188	24,981,671
Pass [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	14,069,758	12,555,528
Pass [Member] | Consumer and Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	27,721,307	24,062,048
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	4,157,934	3,812,994
Special Mention [Member] | Residential 1-4 Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,270,632	1,870,612
Special Mention [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,623,136	1,662,243
Special Mention [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	9,228	13,465
Special Mention [Member] | Consumer and Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	254,938	266,674
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	5,360,893	6,958,516
Substandard [Member] | Residential 1-4 Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,551,840	3,648,878
Substandard [Member] | Commercial Real Estate and Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	467,586	487,519
Substandard [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	272,584	657,859
Substandard [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,755,796	1,794,552
Substandard [Member] | Consumer and Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 313,087	$ 369,708

Loans and Allowances for Loan37

Loans and Allowances for Loan Losses - Modification of Loans as TDR (Detail)	9 Months Ended
	Sep. 30, 2015USD ($)SecurityLoan	Sep. 30, 2014USD ($)SecurityLoan
Financing Receivable, Modifications [Line Items]
Number Of Loans | SecurityLoan	1	10
Pre-Modification Outstanding Recorded Investment	$ 3,059	$ 10,921
Post-Modification Outstanding Recorded Investment	$ 3,059	$ 10,921
Consumer and Other [Member]
Financing Receivable, Modifications [Line Items]
Number Of Loans | SecurityLoan	1	10
Pre-Modification Outstanding Recorded Investment	$ 3,059	$ 10,921
Post-Modification Outstanding Recorded Investment	$ 3,059	$ 10,921

Loans and Allowances for Loan38

Loans and Allowances for Loan Losses - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Loans modified in TDR that subsequently defaulted	60 days

Loans and Allowances for Loan39

Loans and Allowances for Loan Losses - Financial Receivable Modifications Subsequent Default (Detail)	9 Months Ended
	Sep. 30, 2014USD ($)SecurityLoan
Financing Receivable, Modifications [Line Items]
Number Of Loans, Subsequent Default | SecurityLoan	2
Outstanding Recorded Investment at Default	$ 11,258
Consumer and Other [Member]
Financing Receivable, Modifications [Line Items]
Number Of Loans, Subsequent Default | SecurityLoan	2
Outstanding Recorded Investment at Default	$ 11,258

Fair Value Disclosures - Record

Fair Value Disclosures - Recorded Amount of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Securities available for sale:
Securities available for sale	$ 26,665,871	$ 28,771,754
Securities of U.S. Government Agencies and Corporations [Member]
Securities available for sale:
Securities available for sale	2,584,473	2,629,854
Mortgage-Backed and Related Securities [Member]
Securities available for sale:
Securities available for sale	11,061,771	13,037,123
State and Municipal Securities [Member]
Securities available for sale:
Securities available for sale	13,019,627	13,104,777
Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available for sale	26,665,871	28,771,754
Fair Value, Measurements, Recurring [Member] | Securities of U.S. Government Agencies and Corporations [Member]
Securities available for sale:
Securities available for sale	2,584,473	2,629,854
Fair Value, Measurements, Recurring [Member] | Mortgage-Backed and Related Securities [Member]
Securities available for sale:
Securities available for sale	11,061,771	13,037,123
Fair Value, Measurements, Recurring [Member] | State and Municipal Securities [Member]
Securities available for sale:
Securities available for sale	13,019,627	13,104,777
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Securities available for sale:
Securities available for sale	26,665,871	28,771,754
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Securities of U.S. Government Agencies and Corporations [Member]
Securities available for sale:
Securities available for sale	2,584,473	2,629,854
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage-Backed and Related Securities [Member]
Securities available for sale:
Securities available for sale	11,061,771	13,037,123
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | State and Municipal Securities [Member]
Securities available for sale:
Securities available for sale	$ 13,019,627	$ 13,104,777

Fair Value Disclosures - Additi

Fair Value Disclosures - Additional Information (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers between levels 1 and 2	$ 0
Fair Value, Measurements, Recurring [Member] | Significant Other Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, whose fair values are measured on a recurring basis using Level 3 inputs	0	$ 0
Liabilities, whose fair values are measured on a recurring basis using Level 3 inputs	$ 0	$ 0

Fair Value Disclosures - Assets

Fair Value Disclosures - Assets and Liabilities for which a Nonrecurring Change in Fair Value was Recorded (Detail) - Fair Value, Measurements, Nonrecurring [Member] - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 2,925,335	$ 2,691,266
Foreclosed real estate	1,654,980	1,942,844
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,215,892	966,265
Foreclosed real estate	1,654,980	1,942,844
Significant Other Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 1,709,443	$ 1,725,001

Fair Value Disclosures - Signif

Fair Value Disclosures - Significant Unobservable Inputs Used in Fair Value Measurements (Detail) - Impaired Loan [Member] - Significant Other Unobservable Inputs (Level 3) [Member] - Fair Value, Measurements, Nonrecurring [Member]	9 Months Ended
	Sep. 30, 2015USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, Carrying Amount	$ 1,709,443
Valuation Technique	Present Value
Significant Unobservable Input	Discounted Cash Flows
Weighted Average of Input	6.50%

Fair Value Disclosures - Carryi

Fair Value Disclosures - Carrying Amount and Estimated Fair Value of the Company's Financial Instruments (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Financial assets:
Cash and cash equivalents	$ 7,565,878	$ 11,925,541	$ 8,864,615	$ 15,135,387
Securities available for sale	26,665,871	28,771,754
Accrued interest receivable	958,074	1,007,115
Financial liabilities:
Deposits	252,704,526	248,572,231
Securities sold under agreements to repurchase	1,282,668	1,512,993
Federal Home Loan Bank advances	11,500,000	5,000,000
Accrued interest payable	104,417	132,397
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	7,565,878	11,925,541
Securities available for sale	26,665,871	28,771,754
Investments, at cost	3,855,350	3,449,000
Loans, net	256,535,822	238,558,389
Accrued interest receivable	958,074	1,007,115
Financial liabilities:
Deposits	252,704,526	248,572,231
Securities sold under agreements to repurchase	1,282,668	1,512,993
Federal Home Loan Bank advances	11,500,000	5,000,000
Accrued interest payable	104,417	132,397
Unrecognized financial instruments (net of contract amount):
Commitments to extend credit	0	0
Letter of credit	0	0
Lines of credit	0	0
Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	7,565,878	11,925,541
Securities available for sale	26,665,871	28,771,754
Investments, at cost	3,855,350	3,449,000
Loans, net	255,886,032	239,013,615
Accrued interest receivable	958,074	1,007,115
Financial liabilities:
Deposits	254,450,774	252,393,127
Securities sold under agreements to repurchase	1,282,668	1,512,993
Federal Home Loan Bank advances	11,499,995	5,000,112
Accrued interest payable	104,417	132,397
Unrecognized financial instruments (net of contract amount):
Commitments to extend credit	0	0
Letter of credit	0	0
Lines of credit	$ 0	$ 0

Stock Options, ESOP, and Rest45

Stock Options, ESOP, and Restricted Shares - Additional Information (Detail) - USD ($)	Dec. 19, 2012	Jan. 19, 2011	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for all options from the date of grant			5 years
Share awarded of restricted stock to its officers and employees pursuant to the terms of the 2010 Plan			2,777,250
Number of shares purchased under the Employee Stock Ownership Plan "ESOP"			222,180		222,180
Percentage of shares purchased from the number of shares issued under the Employee Stock Ownership Plan "ESOP"			8.00%
Tenure of loan			15 years
Interest percentage on Term Loan			3.25%
Number of years for participants to become vested in the allocated shares			4 years
Total compensation expense			$ 0	$ 0
Non-Vested Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares authorized to issue under 2010 Equity Incentive Plan			277,725
Maximum term of each option			10 years
Compensation expense recognized attributable to the shares that have been awarded			$ 71,920	40,612
Total remaining compensation cost to be recognized on non-vested options			$ 177,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares authorized to issue under 2010 Equity Incentive Plan			111,090
Compensation expense recognized attributable to the shares that have been awarded			$ 222,208	$ 222,209
Share awarded of restricted stock to its officers and employees pursuant to the terms of the 2010 Plan	16,664	94,426	0
Shares awarded, Grant Date Weighted-Average Cost	$ 16.65	$ 12.75	$ 0
Total remaining compensation cost to be recognized on non-vested restricted stock			$ 426,000

Stock Options, ESOP, and Rest46

Stock Options, ESOP, and Restricted Shares - Summary of Activity in the 2010 Plan (Detail)	9 Months Ended
	Sep. 30, 2015USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Non-vested options, Number of Shares, Beginning Balance	270,584
Granted, Shares	0
Exercised, Shares	20,829
Forfeited, Shares	0
Non-vested options, Number of Shares, Ending Balance	249,755
Options exercisable, Shares	160,880
Average Exercise Price, Beginning Balance | $ / shares	$ 13.60
Average Exercise Price, options exercised | $ / shares	11.50
Average Exercise Price, Ending Balance | $ / shares	13.78
Options exercisable, Average Exercise Price | $ / shares	$ 11.50
Aggregate Intrinsic Value, Ending Balance | $	$ 4,048,437
Options exercisable, Aggregate Intrinsic Value | $	$ 2,974,664

Stock Options, ESOP, and Rest47

Stock Options, ESOP, and Restricted Shares - Information Regarding Options Outstanding and Exercisable (Detail) - $ / shares	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Options Outstanding, Number of Shares	249,755	270,584
Options Outstanding, Weighted-Average Exercise Price	$ 13.78	$ 13.60
Options Exercisable, Number of Shares	160,880
Exercise Price Range One [Member]
Exercise Price	$ 11.50
Options Outstanding, Number of Shares	208,092
Options Outstanding, Weighted-Average Exercise Price	$ 11.50
Options Outstanding, Weighted Average Remaining Contractual Life In Years	5 years 3 months
Options Exercisable, Number of Shares	160,880
Options Exercisable, Weighted-Average Exercise Price	$ 11.50
Exercise Price Range Two [Member]
Exercise Price	$ 25.17
Options Outstanding, Number of Shares	41,663
Options Outstanding, Weighted-Average Exercise Price	$ 25.17
Options Outstanding, Weighted Average Remaining Contractual Life In Years	9 years 3 months
Options Exercisable, Weighted-Average Exercise Price	$ 25.17

Stock Options, ESOP, and Rest48

Stock Options, ESOP, and Restricted Shares - Non-Vested Options (Detail)	9 Months Ended
	Sep. 30, 2015$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Non-vested options, Number of Shares, Beginning Balance	88,875
Granted, Number of Shares	0
Vested, Number of Shares	0
Forfeited, Number of Shares	0
Non-vested options, Number of Shares, Ending Balance	88,875
Non-vested options, Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 3.29
Granted, Weighted Average Grant Date Fair Value | $ / shares	0
Vested, Weighted Average Grant Date Fair Value | $ / shares	0
Forfeited, Weighted Average Grant Date Fair Value | $ / shares	0
Non-vested options, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 3.29

Stock Options, ESOP, and Rest49

Stock Options, ESOP, and Restricted Shares - Summary of Activity for Unvested Restricted Awards (Detail) - $ / shares	Dec. 19, 2012	Jan. 19, 2011	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded, Number of shares			2,777,250
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested options, Number of shares, Beginning Balance			47,769
Shares awarded, Number of shares	16,664	94,426	0
Restrictions lapsed and shares released, Number of shares			(18,885)
Shares forfeited, Number of shares			0
Unvested options, Number of shares, Ending Balance			28,884
Unvested options, Grant Date Weighted-Average Cost, Beginning Balance			$ 13.56
Shares awarded, Grant Date Weighted-Average Cost	$ 16.65	$ 12.75	0
Restrictions lapsed and shares released, Grant Date Weighted-Average Cost			12.75
Shares forfeited, Grant Date Weighted-Average Cost			0
Unvested options, Grant Date Weighted-Average Cost, Ending Balance			$ 14.09

Stock Options, ESOP, and Rest50

Stock Options, ESOP, and Restricted Shares - ESOP Shares (Detail) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Employee Stock Ownership Plan (ESOP), Shares in ESOP [Abstract]
Allocated shares	74,060	74,060
Unallocated shares	148,120	148,120
Total ESOP shares	222,180	222,180
Fair value of unallocated shares	$ 4,442,119	$ 3,762,248

Federal Home Loan Bank Advanc51

Federal Home Loan Bank Advances - Additional Information (Detail)	Sep. 30, 2015USD ($)Advance
Federal Home Loan Bank, Advances [Line Items]
Number of short term advances outstanding | Advance	2
Federal Home Loan Bank Advances One [Member]
Federal Home Loan Bank, Advances [Line Items]
Federal home loan bank short term advances outstanding amount	$ 2,000,000
Federal home loan bank advances accrued interest rate	0.18%
Federal Home Loan Bank Advances Two [Member]
Federal Home Loan Bank, Advances [Line Items]
Federal home loan bank short term advances outstanding amount	$ 9,500,000
Federal home loan bank advances accrued interest rate	0.20%