Carroll Bancorp (CROL) 10-K 8 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 04, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Carroll Bancorp, Inc.
Trading Symbol	crol
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		978,279
Entity Public Float			$ 15,000,000
Amendment Flag	false
Entity Central Index Key	1,515,069
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets:
Cash and due from banks	$ 1,583,914	$ 1,181,951
Interest-bearing deposits with depository institutions	6,623,853	5,727,440
Cash and cash equivalents	8,207,767	6,909,391
Certificates of deposit with depository institutions	2,450,248	3,102,936
Securities available for sale, at fair value	4,812,384	9,874,706
Securities held to maturity (fair value December 31, 2015 $2,011,900 and December 31, 2014 $1,272,835)	2,005,775	1,256,280
Loans, net of allowance for loan losses - December 31, 2015 $901,000 and December 31, 2014 $722,000	128,433,411	89,984,513
Accrued interest receivable	403,535	295,916
Other equity securities, at cost	869,296	605,596
Bank-owned life insurance	2,107,770	2,051,646
Premises and equipment, net	1,303,648	1,260,966
Foreclosed assets	199,374	52,964
Other assets	544,059	511,079
Total assets	151,337,267	115,905,993
Deposits
Noninterest-bearing	8,718,993	9,744,047
Interest-bearing	113,382,169	87,160,840
Total deposits	122,101,162	96,904,887
Federal Home Loan Bank Advances	12,500,000	8,000,000
Other liabilities	442,935	250,609
Total liabilities	$ 135,044,097	$ 105,155,496
Stockholders' Equity:
Preferred Stock (par value $0.01); authorized 1,000,000 shares; no shares issued and outstanding
Common Stock (par value $0.01); authorized 9,000,000 shares; issued and outstanding 978,279 shares at December 31, 2015 and 488,409 shares at December 31, 2014	$ 9,783	$ 4,884
Additional paid-in capital	12,799,995	4,873,447
Unallocated ESOP shares	(261,088)	(285,447)
Unearned RSP shares	(144,599)	(170,217)
Retained earnings	3,886,581	6,317,654
Accumulated other comprehensive income	2,498	10,176
Total stockholders' equity	16,293,170	10,750,497
Total liabilities and stockholders' equity	$ 151,337,267	$ 115,905,993

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parentheticals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Securities held to maturity, fair value (in Dollars)	$ 2,011,900	$ 1,272,835
Loans, allowance for loan losses (in Dollars)	$ 901,000	$ 722,000
Preferred stock par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	9,000,000	9,000,000
Common stock, shares issued	978,279	488,409
Common stock, shares outstanding	978,279	488,409

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest income:
Loans	$ 5,001,499	$ 4,215,923
Securities available for sale	91,709	194,975
Securities held to maturity	63,495	18,317
Certificates of deposit	42,551	28,293
Interest-bearing deposits	41,949	24,699
Total interest income	5,241,203	4,482,207
Interest expense:
Deposits	542,435	534,529
Borrowings	135,528	120,439
Total interest expense	677,963	654,968
Net interest income	4,563,240	3,827,239
Provision for loan losses	163,635	15,364
Net interest income after provision for loan losses	4,399,605	3,811,875
Non-interest income:
Gain on sale of securities	4,690	11,374
Gain on loans held for sale	6,450	2,105
Loss on sale/writedown of OREO		(2,632)
Increase in cash surrender value - life insurance	56,124	59,278
Customer service fees	90,430	86,369
Loan fee income	25,525	26,899
Other income	14,365	14,156
Total non-interest income	197,584	197,549
Non-interest expense:
Salaries and employee benefits	2,269,884	1,679,149
Premises and equipment	423,351	344,602
Data processing	447,064	440,106
Professional fees	322,972	298,728
FDIC insurance	78,172	70,170
Directors' fees	214,800	160,725
Corporate insurance	42,445	41,104
Printing and office supplies	43,640	30,875
Other operating expenses	326,222	317,605
Total non-interest expenses	4,168,550	3,383,064
Income before income tax	428,639	626,360
Income tax expense	157,437	235,915
Net income	$ 271,202	$ 390,445
Basic earnings per share (in Dollars per share)	$ 0.30	$ 0.77
Diluted earnings per share (in Dollars per share)	$ 0.29	$ 0.75
Basic weighted average shares outstanding (in Shares)	905,447	503,905
Diluted weighted average shares outstanding (in Shares)	924,658	518,064

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net income	$ 271,202	$ 390,445
Securities available for sale:
Net unrealized holding (losses) gains arising during the period	(8,107)	186,492
Less reclassification adjustment for gains included in net income	4,690	11,374
Other comprehensive (loss) income before income tax	(12,797)	175,118
Income tax effect	(5,119)	70,048
Other comprehensive (loss) income, net of tax	(7,678)	105,070
Total comprehensive income	$ 263,524	$ 495,515

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Unallocated ESOP Shares [Member	Unallocated RSP Shares [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balances at January 1, 2014 at Dec. 31, 2013	$ 3,595	$ 2,897,054	$ (183,319)	$ (133,947)	$ 5,927,209	$ (94,894)	$ 8,415,698
Ending balances at Dec. 31, 2014	4,884	4,873,447	(285,447)	(170,217)	6,317,654	10,176	10,750,497
Net income					390,445		390,445
Other comprehensive income (loss)						105,070	105,070
RSP compensation		33,212					33,212
Rights offering:
Issuance of shares of common stock net of offering costs	1,249	1,896,184					1,897,433
ESOP purchase of 7,498 shares			(119,968)				(119,968)
RSP purchase of 3,749 shares				(59,984)			(59,984)
Warrant exercises	40	63,496					63,536
ESOP shares committed to be released			17,840				17,840
ESOP allocated shares FMV adjustment		7,215					7,215
RSP shares vested		(23,714)		23,714
Ending balances at Dec. 31, 2015	9,783	12,799,995	(261,088)	(144,599)	3,886,581	2,498	16,293,170
Net income					271,202		271,202
Other comprehensive income (loss)						$ (7,678)	(7,678)
RSP compensation		54,232					54,232
Rights offering:
Issuance of shares of common stock net of offering costs	3,108	4,962,721					4,965,829
Warrant exercises	279	370,909					371,188
ESOP shares committed to be released		(6,953)	$ 24,359				17,406
ESOP allocated shares FMV adjustment		12,332					12,332
Stock repurchase	(87)	(141,751)					$ (141,838)
RSP shares vested		(25,618)		$ 25,618
Stock dividend:
Issuance of 159,898 shares of common stock	$ 1,599	$ 2,700,676			$ (2,702,275)

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Issuance of shares of common stock	310,848	124,982
ESOP purchase of common stock		7,498
RSP purchase of common stock		3,749
Issuance of shares of common stock for stock dividend	159,898

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 271,202	$ 390,445
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on sale of securities available for sale	(4,690)	(11,374)
Gain on sale of loans held for sale	(6,450)	(2,105)
Origination of loans held for sale	(645,000)	(276,000)
Proceeds from sale of loans held for sale	651,450	278,105
Amortization and accretion of securities	112,971	143,419
Amortization of deferred loan origination costs, net of fees	56,530	51,806
Provision for loan losses	163,635	15,364
Loan loss recoveries	15,365	24,636
Loss on sale of real estate acquired through foreclosure		2,632
Depreciation of premises and equipment	159,341	159,029
Increase in cash surrender value of bank-owned life insurance	(56,124)	(59,278)
ESOP compensation expense	29,738	25,055
RSP compensation expense	54,232	33,212
(Increase) decrease in deferred tax assets	(42,829)	73,474
Increase in accrued interest receivable	(107,618)	(16,255)
Decrease in other assets	14,969	170,531
Increase in other liabilities	192,324	82,882
Net cash provided by operating activities	859,046	1,085,578
Cash flows from investing activities:
Purchase of securities available for sale	(2,017,188)	(3,783,915)
Purchase of securities held to maturity	(750,000)	(1,256,500)
Proceeds from sales and redemptions of securities available for sale	5,589,388	4,148,823
Principal collected on securities available for sale	1,372,236	1,684,300
Purchase of certificates of deposit	(250,000)	(1,499,685)
Redemption of certificates of deposit	900,000	249,685
Net increase in loans (including purchased loans)	(38,830,838)	(6,583,823)
Purchase of premises and equipment	(202,023)	(18,493)
Purchase of other equity securities	(731,200)	(270,000)
Redemption of other equity securities	467,500	161,100
Proceeds from the sale of real estate acquired through foreclosure		406,408
Net cash used by investing activities	(34,452,125)	(6,762,100)
Cash flows from financing activities:
Increase in deposits	25,196,276	5,140,932
Proceeds from FHLB advances	52,482,720	8,000,000
Repayment of FHLB advances	(47,982,720)	(7,365,350)
Proceeds from rights offering		1,897,433
Proceeds from private placement offering	4,965,829
Proceeds from warrant exercise	371,188	63,536
Common stock repurchase	(141,838)
Loan to purchase common stock for the ESOP		(119,968)
Purchase of common stock for RSP		(59,984)
Net cash provided by financing activities	34,891,455	7,556,599
Net increase in cash and cash equivalents	1,298,376	1,880,077
Cash and cash equivalents, beginning balance	6,909,391	5,029,314
Cash and cash equivalents, ending balance	8,207,767	6,909,391
Supplemental disclosure of cash flow information:
Interest paid	636,991	654,033
Income taxes paid	192,500	$ 115,000
Supplemental schedule of noncash investing and financing activities:
Foreclosed real estate acquired in settlement of loans	$ 146,410

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Note 1. Summary of Significant Accounting Policies Organization and Nature of Operations Carroll Bancorp, Inc. a Maryland corporation (the “Company”) was incorporated on February 18, 2011, to serve as the holding company for Carroll Community Bank (the “Bank”), a state chartered commercial bank. On October 12, 2011, in accordance with a Plan of conversion adopted by its Board of Directors and approved by its members, the Bank converted from a Maryland chartered mutual savings bank to a state chartered commercial bank. The conversion was accomplished through formation of the Company to serve as the holding company of the Bank. The Company’s common stock is quoted on the OTC Pink marketplace of the OTC Markets Group under the symbol “CROL”. In accordance with applicable regulations at the time of the conversion from a mutual holding company to a stock holding company, the Bank substantially restricted its retained earnings by establishing a liquidation account. The liquidation account is maintained for the benefit of eligible account holders who keep their accounts at the Bank after conversion. The liquidation account is reduced annually to the extent that eligible account holders have reduced their qualifying deposits. Subsequent increases will not restore an eligible account holder’s interest in the liquidation account. In the event of a complete liquidation of the Bank, and only in such event, each account holder will be entitled to receive a distribution from the liquidation account in an amount proportionate to the adjusted qualifying account balances then held. The Bank may not pay dividends if those dividends would reduce equity capital below the required liquidation account amount. The Bank (formerly Sykesville Federal Savings Association) is headquartered in Sykesville, Maryland. The Bank is a community-oriented financial institution providing financial services to individuals, families and businesses through three banking offices. The Bank is subject to the regulation, examination and supervision by the State of Maryland Department of Licensing and Regulation and the Federal Deposit Insurance Corporation (“FDIC”), our deposit insurer. Its primary deposits are certificate of deposit, savings and demand accounts and its primary lending products are residential and commercial real estate loans. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, the Bank. All significant intercompany balances and transactions between the Company and the Bank have been eliminated. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“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 revenue and expenses during the reported period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for losses on loans and the valuation of real estate acquired in connection with foreclosure or in satisfaction of loans. In connection with the determination of the allowance for losses on loans and foreclosed real estate, management obtains independent appraisals for significant properties. Reclassifications Certain prior year amounts have been reclassified to conform to the current year method of presentation. Such reclassifications have no effect on net income. Cash and Cash Equivalents For the purposes of the statements of cash flows, cash and cash equivalents include cash on hand, balances due from banks, interest-bearing deposits in other banks and federal funds sold. Certificates of Deposit with Depository Institutions The Bank uses this financial instrument to supplement the securities investment portfolio. Interest and dividend income is recognized as earned. Purchase premiums and discounts are recognized as part of interest income using the interest method over the terms of the investments. Realized gains and losses on the sale of certificates of deposit are included in earnings based on trade date and are determined using the specific identification method. Certificates of deposit with depository institutions are not marked to market. Securities Management determines the appropriate classification of debt securities at the time of purchase and re-evaluates such designation as of each balance sheet date. Securities that the Bank has the positive intent and ability to hold to maturity are classified as held to maturity and are reported at amortized cost (including amortization of premium or accretion of discount). Securities classified as available for sale are those securities that the Bank intends to hold for an indefinite time period but not necessarily to maturity. Securities available for sale are reported at fair value. Net unrealized gains and losses on securities available for sale are recognized as increases or decreases in other comprehensive income, net of taxes, and are excluded from the determination of net income. Interest and dividend income is recognized as earned. Realized gains and losses on the sale of securities are included in earnings based on trade date and are determined using the specific identification method. Purchase premiums and discounts are recognized as part of interest income using the interest method over the terms of the securities. Declines in the fair value of individual available for sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses. In estimating other-than-temporary impairment (“OTTI”) losses for debt securities, management considers whether the Bank (1) has the intent to sell the security, or (2) will more likely than not be required to sell the security before its anticipated recovery, or (3) will suffer a credit loss as the present value of the cash flows is expected to be collected from the security are less than its amortized cost basis. The Bank does not engage in securities trading. Loans Held For Sale The Bank may from time to time carry loans held for sale. Loans held for sale are carried at lower of aggregate cost or fair value. Market value is derived from secondary market quotations for similar instruments. Net unrealized losses are recognized through a valuation allowance by charges to income. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as a yield adjustment of the related loans using the interest method over the contractual term. The accrual of interest is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest, even though the loan is currently performing. A loan may remain on accrual status, if it is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest is reversed. Interest received on nonaccrual loans generally is either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. Generally, loans are restored to accrual status when the obligation is brought current and future payments are reasonably assured. Allowance for Loan Losses The allowance for loan losses is established through provisions for loan losses charged against income. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is maintained at a level to provide for losses that are probable and can be reasonably estimated. Management’s periodic evaluation of the adequacy of the allowance is based on the Bank’s past loan loss experience, known and inherent losses in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant change, including the amounts and timing of future cash flows expected to be received on impaired loans. The allowance consists of specific, general and unallocated components. The specific reserve component relates to loans that are classified as substandard or doubtful. For such loans that are also classified as impaired, an allowance is established when the collateral value of the impaired loan is lower than the carrying amount of that loan. Impaired loans for which the estimated fair value of the loan exceeds the carrying value of the loan do not require a specific allowance. General allowances are established for loan losses on a portfolio basis for loans that do not meet the definition of impaired. The portfolio is grouped into similar risk characteristics, primarily loan type. The Company applies an estimated loss rate to each loan group. The loss rates applied are based upon its loss experience adjusted, as appropriate, for qualitative factors. The unallocated component represents the margin of imprecision inherent in the underlying assumptions used in estimating specific and general allowances. A loan is considered past due or delinquent when a contractual payment is not paid by its due date. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for all loans secured by real estate by either the present value of expected cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not separately identify individual consumer loans for impairment disclosures. The Bank’s charge-off policy states after all collection efforts have been exhausted, the loan is deemed to be a loss and the loss amount has been determined, the loss amount will be charged against the allowance for loan losses. Loans secured by real estate, either residential or commercial, are evaluated for loss potential at the 60 day past due threshold. At 90 days past due the loan is placed on nonaccrual status and a specific reserve is established if the net realizable value in less than the principal value of the loan balance(s). Once the actual loss value has been determined a charge-off for the amount of the loss is taken. Each loss is evaluated on its specific facts regarding the appropriate timing to recognize the loss. Consumer real estate loans are typically charged-off no later than 180 days past due and unsecured consumer loans are charged-off at the 90 day past due threshold or when an actual loss has been determined whichever is earlier. Other Equity Securities Federal law requires a member institution of the Federal Home Loan Bank (the “FHLB”) to hold stock of its district FHLB according to a predefined formula. FHLB stock represents the required investment in the common stock of the Federal Home Loan Bank of Atlanta (the “FHLBA”) and is carried at cost. FHLB stock ownership is restricted and the stock can be sold only to the FHLB or to another member institution at its par value per share. The Company evaluates the FHLB stock for impairment. The Company’s determination of whether this investment is impaired is based on an assessment of the ultimate recoverability of its cost rather than by recognizing temporary declines in value. The determination of whether a decline in value affects the ultimate recoverability of its cost is influenced by criteria such as (1) the significance of the decline in net assets of the FHLB as compared to the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, and (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the FHLB. The Bank also maintains an investment in capital stock of Atlantic Central Bankers Bank, Community Bankers Bank and Maryland Financial Bank. Because no ready market exists for Atlantic Central Bankers Bank, Community Bankers Bank and Maryland Financial Bank stock, the Bank’s investment in these stocks is carried at cost. Bank Owned Life Insurance The Bank purchased single-premium life insurance policies on certain employees of the Bank. Appreciation in the value of the insurance policies is classified in non-interest income. Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation. Land is carried at cost. Depreciation of premises and equipment is computed on the straight-line method over the estimated useful lives of the assets. Additions and improvements are capitalized and amortized over the shorter of their estimated useful life or the term of the lease. Estimated useful lives are 20 to 40 years for buildings, 5 to 10 years for leasehold improvements and 5 years for equipment. Charges for repairs and maintenance are expensed when incurred. Foreclosed Real Estate Real estate acquired through foreclosure is recorded at the lower of cost or fair value less estimated selling costs at the date of the foreclosure. Management periodically evaluates the recoverability of the carrying value of the real estate acquired through foreclosure. In the event of a subsequent decline, management provides an additional allowance to reduce real estate acquired through foreclosure to its fair value less estimated disposal cost. Costs related to holding such real estate are included in expenses for the current period while costs relating to improving the fair value of such real estate are capitalized. Income Taxes Deferred income taxes are recognized for temporary differences between the financial reporting basis and income tax basis of assets and liabilities based on enacted tax rates expected to be in effect when such amounts are realized or settled. Deferred tax assets are recognized only to the extent that it is more likely than not those amounts will be realized based on consideration of available evidence. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company has entered into a tax sharing agreement with the Bank. The agreement provides that the Company will file a consolidated federal tax return and that the tax liability shall be apportioned among the entities as would be computed if each entity had filed a separate return. According to Maryland tax law, the Company and the Bank file separate Maryland state tax returns. Advertising Costs All advertising costs are expensed as incurred. Advertising expense was $35,834 in 2015 and $41,747 in 2014. Comprehensive Income GAAP requires that recognized revenue, expenses, gains and losses be included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on securities available for sale, are reported as a separate component of equity, such items, along with net income, are components of comprehensive income. The element of “other comprehensive income” includes unrealized gains or losses on securities available for sale and reclassification adjustments for gains on security sales. Off-Balance Sheet Financial Instruments In the ordinary course of business, the Bank has entered into off-balance sheet financial instruments consisting of commitments to extend credit. Such financial instruments are recorded in the statement of financial condition when they are funded. Credit Risk Concentrations Most of the Bank’s activities are with customers within Carroll County, Maryland and all contiguous counties in Maryland. The Bank does not have any significant concentrations to any one industry or customer but does have a concentration in real estate lending. Accounting Standards Adopted in 2015 In January 2014, the FASB issued ASU 2014-04, Receivables – Troubled Debt Restructurings By Creditors (Subtopic 310-40) – Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure. In August 2014, the FASB issued ASU No. 2014-14, Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure Accounting Standards Pending Adoption In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers In January 2016, the FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities Other than the disclosures contained within these statements, the Company has determined that all other recently issued accounting pronouncements will not have a material impact on its consolidated financial statements or do not apply to its operations.

Note 2 - Securities

Note 2 - Securities	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 2. Securities The amortized cost and fair value of securities available for sale at December 31, 2015 and 2014 are as follows: At December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available for sale: Residential mortgage-backed securities $ 2,549,295 $ 12,146 $ 8,818 $ 2,552,623 Commercial mortgage-backed securities 2,017,187 - - 2,017,187 Municipal bonds 241,739 2,503 1,668 242,574 $ 4,808,221 $ 14,649 $ 10,486 $ 4,812,384 Securities held to maturity: Municipal bonds $ 500,000 $ 9,470 $ - $ 509,470 Corporate bonds 1,505,775 250 3,595 1,502,430 $ 2,005,775 $ 9,720 $ 3,595 $ 2,011,900 At December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available for sale: Residential mortgage-backed securities $ 9,582,443 $ 44,803 $ 28,014 $ 9,599,232 Municipal bonds 275,303 2,641 2,470 275,474 $ 9,857,746 $ 47,444 $ 30,484 $ 9,874,706 Securities held to maturity: Municipal bonds $ 500,000 $ 7,460 $ - $ 507,460 Corporate bonds 756,280 9,095 - 765,375 $ 1,256,280 $ 16,555 $ - $ 1,272,835 The Bank had no private label residential mortgage-backed securities at December 31, 2015 or 2014, or during the years then ended. At December 31, 2015 and 2014, the carrying amount of securities pledged as collateral for uninsured public fund deposits was $2.3 million and $1.8 million, respectively. The amortized cost and fair value of securities at December 31, 2015 and December 31, 2014, by contractual maturity, are shown below. Expected maturities for residential mortgage-backed securities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. At December 31, 2015 Securities available for sale Securities held to maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Under 1 year $ - $ - $ - $ - Over 1 year through 5 years 378,316 379,770 - - After 5 years through 10 years 3,822,110 3,816,649 1,755,775 1,756,777 Over 10 years 607,795 615,965 250,000 255,123 $ 4,808,221 $ 4,812,384 $ 2,005,775 $ 2,011,900 At December 31, 2014 Securities available for sale Securities held to maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Under 1 year $ - $ - $ - $ - Over 1 year through 5 years 319,751 321,553 - - After 5 years through 10 years 1,592,829 1,605,510 756,280 765,375 Over 10 years 7,945,166 7,947,643 500,000 507,460 $ 9,857,746 $ 9,874,706 $ 1,256,280 $ 1,272,835 The Bank sold $5.6 million and $4.1 million, respectively, in securities available for sale during the years ended December 31, 2015 and 2014. From those sale transactions, the Bank recognized net realized gains of $4,690 and $11,374 for the years ended December 31, 2015 and 2014, respectively. Securities with gross unrealized losses at December 31, 2015 and December 31, 2014, aggregated by investment category and the length of time individual securities have been in a continual loss position, are as follows: At December 31, 2015 Less than 12 Months 12 Months or More Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Securities available for sale: Residential mortgage-backed securities $ 1,801,533 $ 8,818 $ - $ - $ 1,801,533 $ 8,818 Municipal bonds - - 78,916 1,668 78,916 1,668 $ 1,801,533 $ 8,818 $ 78,916 $ 1,668 $ 1,880,449 $ 10,486 Securities held to maturity: Corporate $ 652,180 $ 3,595 $ - $ - $ 652,180 $ 3,595 At December 31, 2014 Less than 12 Months 12 Months or More Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Securities available for sale: Residential mortgage-backed securities $ - $ - $ 2,643,582 $ 28,014 $ 2,643,582 $ 28,014 Municipal bonds - - 107,186 2,470 107,186 2,470 $ - $ - $ 2,750,768 $ 30,484 $ 2,750,768 $ 30,484 All of the securities with unrealized losses in the portfolio have modest duration risk, low credit risk, and minimal losses when compared to the total fair value. The unrealized losses that exist are the result of market changes in interest rates since the original purchase. Because the Bank does not intend to sell these securities and it is not more likely than not that the Bank will be required to sell these securities before recovery of their amortized cost basis, which may be at maturity, the Bank considers the unrealized losses to be temporary.

Note 3 - Loans

Note 3 - Loans	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 3 . Loa ns Loans at December 31, 2015 and 2014 are summarized as follows: At December 31, 2015 At December 31, 2014 Percent Percent Balance of Total Balance of Total Residential owner occupied - first lien $ 44,890,154 34.9 % $ 35,065,264 38.8 % Residential owner occupied - junior lien 4,988,405 3.9 % 5,239,183 5.8 % Residential non-owner occupied (investor) 15,849,835 12.3 % 9,065,983 10.0 % Commercial owner occupied 14,717,990 11.4 % 11,226,313 12.4 % Other commercial loans 47,883,818 37.2 % 29,550,727 32.6 % Consumer loans 376,070 0.3 % 391,945 0.4 % Total loans 128,706,272 100.0 % 90,539,415 100.0 % Net deferred fees, costs and purchase premiums 628,139 167,098 Allowance for loan losses (901,000 ) (722,000 ) Total loans, net $ 128,433,411 $ 89,984,513 Our residential one- to four-family first lien mortgage loan portfolio is pledged as collateral for our advances with FHLBA.

Note 4 - Credit Quality of Loan

Note 4 - Credit Quality of Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Allowance for Credit Losses [Text Block]	Note 4 . Credit Quality of Loans and Allowance for Loan Losses Company policies, consistent with regulatory guidelines, provide for the classification of loans that are considered to be of lesser quality as substandard, doubtful, or loss. A loan is considered substandard if it is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans include those loans characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Loans classified as doubtful have all of the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses present make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Loans (or portions of loans) classified as loss are those considered uncollectible and of such little value that their continuance as assets is not warranted. Loans that do not expose us to risk sufficient to warrant classification in one of the aforementioned categories, but which possess potential weaknesses that deserve our close attention, are required to be designated as special mention. The Company maintains an allowance for loan losses at an amount estimated to equal all credit losses incurred in our loan portfolio that are both probable and reasonable to estimate at a balance sheet date. Our determination as to the classification of our assets is subject to review by the Maryland Commissioner of Financial Regulation and the FDIC. We regularly review our asset portfolio to determine whether any assets require classification in accordance with applicable regulations. The Company provides for loan losses based upon the consistent application of our documented allowance for loan loss methodology. All loan losses are charged to the allowance for loan losses and all recoveries are credited to it. Additions to the allowance for loan losses are provided by charges to income based on various factors which, in our judgment, deserve current recognition in estimating probable losses. We regularly review the loan portfolio and make provisions for loan losses in order to maintain the allowance for loan losses in accordance with GAAP. The allowance for loan losses consists primarily of two components: 1) specific allowances are established for loans classified as substandard or doubtful. For loans classified as impaired, the allowance is established when the net realizable value (collateral value less costs to sell) of the loan is lower than the carrying amount of the loan. The amount of impairment provided for as a specific allowance is represented by the deficiency, if any, between the underlying collateral value and the carrying value of the loan. Impaired loans for which the estimated fair value of the loan, or the loan’s observable market price or the fair value of the underlying collateral, if the loan is collateral dependent, exceeds the carrying value of the loan are not considered in establishing specific allowances for loan losses; and 2) general allowances are established for loan losses on a portfolio basis for loans that do not meet the definition of impaired loans. The portfolio is grouped into similar risk characteristics, primarily loan type and regulatory classification. We apply an estimated loss rate to each loan group. The loss rates applied are based upon our loss experience adjusted, as appropriate, for the qualitative factors discussed below. This evaluation is inherently subjective, as it requires material estimates that may be susceptible to significant revisions based upon changes in economic and real estate market conditions. The allowance for loan losses is maintained at a level to provide for losses that are probable and can be reasonably estimated. Management’s periodic evaluation of the adequacy of the allowance is based on the Company’s past loan loss experience, known and inherent losses in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant change, including the amounts and timing of future cash flows expected to be received on impaired loans. The adjustments to historical loss experience are based on our evaluation of several qualitative factors, including: ● changes in the types of loans in the loan portfolio and the size of the overall portfolio; ● changes in the levels of concentration of credit; ● changes in the number and amount of non-accrual loans, classified loans, past due loans and troubled debt restructurings and other loan modifications; ● changes in the experience, ability and depth of lending personnel; ● changes in the quality of the loan review system and the degree of Board oversight; ● changes in lending policies and procedures; ● changes in national, state and local economic trends and business conditions; and ● changes in external factors such as competition and legal and regulatory oversight. A loan is considered past due or delinquent when a contractual payment is not paid on the day it is due. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for all loans secured by real estate by the fair value of the collateral if the loan is collateral dependent. The Bank’s charge-off policy states after all collection efforts have been exhausted, the loan is deemed to be a loss and the loss amount has been determined, the loss amount will be charged to the established allowance for loan losses. Loans secured by real estate, either residential or commercial, are evaluated for loss potential at the 60 day past due threshold. At no later than 90 days past due the loan is placed on nonaccrual status and a specific reserve is established if the net realizable value in less than the principal value of the loan balance(s). Once the actual loss value has been determined, a charge-off to the allowance for loan losses for the amount of the loss is taken. Each loss is evaluated on its specific facts regarding the appropriate timing to recognize the loss. Unsecured loans are charged-off to the allowance for loan losses at the 90 day past due threshold or when an actual loss has been determined whichever is earlier. We evaluate the allowance for loan losses based upon the combined total of the specific and general components. Generally when the loan portfolio increases, absent other factors, the allowance for loan loss methodology results in a higher dollar amount of estimated probable losses than would be the case without the increase. Generally when the loan portfolio decreases, absent other factors, the allowance for loan loss methodology results in a lower dollar amount of estimated probable losses than would be the case without the decrease. Commercial real estate loans generally have greater credit risks compared to one- to four-family residential mortgage loans we originate, as they typically involve larger loan balances concentrated with single borrowers or groups of related borrowers. In addition, the payment experience on loans secured by income-producing properties typically depends on the successful operation of the related business and thus may be subject to a greater extent to adverse conditions in the real estate market and in the general economy. Therefore, we expect that the percentage of the allowance for loan losses as a percentage of the loan portfolio will increase going forward as we increase our focus on the origination of commercial real estate loans. The following tables summarize the activity in the allowance for loan losses by portfolio segment for the twelve months ended December 31, 2015 and 2014: For the Twelve Months Ended December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Beginning balance $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 Charge-offs 19,748 - - - - - 19,748 Recoveries 33,369 - 1,744 - - - 35,113 Provision (35,913 ) (3,601 ) 22,107 27,933 153,109 - 163,635 Ending Balance $ 206,169 $ 21,450 $ 69,898 $ 117,744 $ 485,739 $ - $ 901,000 For the Twelve Months Ended December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Beginning balance $ 244,288 $ 26,704 $ 70,334 $ 72,751 $ 267,923 $ - $ 682,000 Charge-offs - - - - - - - Recoveries 18,560 - 6,076 - - - 24,636 Provision (34,387 ) (1,653 ) (30,363 ) 17,060 64,707 - 15,364 Ending Balance $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 The following tables set forth the balance of the allowance for loan losses by portfolio segment, disaggregated by impairment methodology, which is then further segregated by amounts evaluated for impairment collectively and individually at December 31, 2015 and 2014: At December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Ending balance $ 206,169 $ 21,450 $ 69,898 $ 117,744 $ 485,739 $ - $ 901,000 Ending balance individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance collectively evaluated for impairment $ 206,169 $ 21,450 $ 69,898 $ 117,744 $ 485,739 $ - $ 901,000 Loans: Ending balance $ 44,890,154 $ 4,988,405 $ 15,849,835 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,706,272 Ending balance individually evaluated for impairment $ - $ - $ 108,188 $ - $ - $ - $ 108,188 Ending balance collectively evaluated for impairment $ 44,890,154 $ 4,988,405 $ 15,741,647 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,598,084 At December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Ending balance $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 Ending balance individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance collectively evaluated for impairment $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 Loans: Ending balance $ 35,065,264 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,539,415 Ending balance individually evaluated for impairment $ 469,610 $ 9,417 $ 116,043 $ - $ - $ - $ 595,070 Ending balance collectively evaluated for impairment $ 34,595,654 $ 5,229,766 $ 8,949,940 $ 11,226,313 $ 29,550,727 $ 391,945 $ 89,944,345 The allowance for loan losses allocated to each portfolio segment is not necessarily indicative of future losses in any particular portfolio segment and does not restrict the use of the allowance to absorb losses in other portfolio segments. The following tables are a summary of the loan portfolio quality indicators by portfolio segment at December 31, 2015 and 2014: At December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Pass $ 44,890,154 $ 4,988,405 $ 15,252,037 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,108,474 Special Mention - - - - - - - Substandard - - 597,798 - - - 597,798 Doubtful - - - - - - - Total $ 44,890,154 $ 4,988,405 $ 15,849,835 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,706,272 At December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Pass $ 34,595,654 $ 5,229,766 $ 8,452,784 $ 11,226,313 $ 29,184,051 $ 391,945 $ 89,080,513 Special Mention - - - - - - - Substandard 469,610 9,417 613,199 - 366,676 - 1,458,902 Doubtful - - - - - - - Total $ 35,065,264 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,539,415 Management uses a ten point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized and are aggregated as a “Pass” rating. ● Pass (risk ratings 1-6) ● Special mention (risk rating 7) ● Substandard (risk rating 8) ● Doubtful (risk rating 9) ● Loss (risk rating 10) Loans classified special mention, substandard, doubtful or loss are reviewed at least quarterly to determine their appropriate classification. Non-classified commercial loan relationships greater than $50,000 are reviewed annually. Non-classified residential mortgage loans and consumer loans are not evaluated unless a specific event occurs to raise the awareness of possible credit deterioration. The following tables set forth certain information with respect to our loan delinquencies by portfolio segment at December 31, 2015 and 2014: At December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Current $ 44,522,124 $ 4,988,405 $ 15,731,641 $ 14,717,990 $ 46,621,559 $ 376,070 $ 126,957,789 30-59 days past due 122,300 - 118,194 - 1,262,259 - 1,502,753 60-89 days past due 245,730 - - - - - 245,730 Greater than 90 days past due - - - - - - - Total past due 368,030 - 118,194 - 1,262,259 - 1,748,483 Total $ 44,890,154 $ 4,988,405 $ 15,849,835 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,706,272 At December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Current $ 34,937,397 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,411,548 30-59 days past due 127,867 - - - - - 127,867 60-89 days past due - - - - - - - Greater than 90 days past due - - - - - - - Total past due 127,867 - - - - - 127,867 Total $ 35,065,264 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,539,415 The following tables are a summary of impaired loans by portfolio segment at December 31, 2015 and 2014: At December 31, 2015 Impaired Loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Recorded Investment $ - $ - $ 108,188 $ - $ - $ - $ 108,188 Unpaid Principal Balance - - 108,188 - - - 108,188 With an allowance recorded: Recorded Investment $ - $ - $ - $ - $ - $ - $ - Unpaid Principal Balance - - - - - - - Related Allowance - - - - - - - Total impaired loans: Recorded Investment $ - $ - $ 108,188 $ - $ - $ - $ 108,188 Unpaid Principal Balance - - 108,188 - - - 108,188 Related Allowance - - - - - - - At December 31, 2014 Impaired Loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Recorded Investment $ 469,610 $ 9,417 $ 116,043 $ - $ - $ - $ 595,070 Unpaid Principal Balance 469,610 9,417 116,043 - - - 595,070 With an allowance recorded: Recorded Investment $ - $ - $ - $ - $ - $ - $ - Unpaid Principal Balance - - - - - - - Related Allowance - - - - - - - Total impaired loans: Recorded Investment $ 469,610 $ 9,417 $ 116,043 $ - $ - $ - $ 595,070 Unpaid Principal Balance 469,610 9,417 116,043 - - - 595,070 Related Allowance - - - - - - - The following tables present by portfolio segment, information related to the average recorded investment and the interest income foregone and recognized on impaired loans for the twelve months ended December 31, 2015 and 2014: For the Twelve Months Ended December 31, 2015 Impaired loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Average recorded investment $ 181,768 $ 1,883 $ 111,907 $ - $ - $ - $ 295,558 Interest income that would have been recognized 11,561 98 - - - - 11,659 Interest income recognized (cash basis) 19,626 611 - - - - 20,237 Interest income foregone (8,065 ) (513 ) - - - - (8,578 ) With an allowance recorded: Average recorded investment $ 22,014 $ - $ - $ - $ - $ - $ 22,014 Interest income that would have been recognized 2,943 - - - - - 2,943 Interest income recognized (cash basis) 1,856 - - - - - 1,856 Interest income foregone 1,087 - - - - - 1,087 Total impaired loans: Average recorded investment $ 203,782 $ 1,883 $ 111,907 $ - $ - $ - $ 317,572 Interest income that would have been recognized 14,504 98 - - - - 14,602 Interest income recognized (cash basis) 21,482 611 - - - - 22,093 Interest income foregone (6,978 ) (513 ) - - - - (7,491 ) For the Twelve Months Ended December 31, 2014 Impaired loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Average recorded investment $ 296,725 $ 9,417 $ 120,280 $ - $ 146,646 $ - $ 573,068 Interest income that would have been recognized 23,091 400 - - 4,935 - 28,426 Interest income recognized (cash basis) 5,984 - - - 7,806 - 13,790 Interest income foregone 17,107 400 - - (2,871 ) - 14,636 With an allowance recorded: Average recorded investment $ - $ - $ - $ - $ - $ - $ - Interest income that would have been recognized - - - - - - - Interest income recognized (cash basis) - - - - - - - Interest income foregone - - - - - - - Total impaired loans: Average recorded investment $ 296,725 $ 9,417 $ 120,280 $ - $ 146,646 $ - $ 573,068 Interest income that would have been recognized 23,091 400 - - 4,935 - 28,426 Interest income recognized (cash basis) 5,984 - - - 7,806 - 13,790 Interest income foregone 17,107 400 - - (2,871 ) - 14,636 The following table is a summary of performing and nonperforming impaired loans by portfolio segment at December 31, 2015 and 2014: At December 31, At December 31, 2015 2014 Performing loans: Impaired performing loans: Residential owner occupied - first lien $ - $ - Residential owner occupied - junior lien - - Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Troubled debt restructurings: Residential owner occupied - first lien 108,188 116,043 Residential owner occupied - junior lien - - Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Total impaired performing loans 108,188 116,043 Nonperforming loans: Impaired nonperforming loans (nonaccrual): Residential owner occupied - first lien - 469,610 Residential owner occupied - junior lien - 9,417 Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Troubled debt restructurings: Residential owner occupied - first lien - - Residential owner occupied - junior lien - - Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Total impaired nonperforming loans (nonaccrual): - 479,027 Total impaired loans $ 108,188 $ 595,070 Troubled debt restructurings If a restructured loan was nonperforming prior to the restructuring, the restructured loan will remain a nonperforming loan. After a period of six months and if the restructured loan is in compliance with its modified terms, the loan will become a performing loan. If a restructured loan was performing prior to the restructuring, the restructured loan will remain a performing loan. A performing TDR will no longer be reported as a TDR in calendar years after the year of the restructuring if the effective interest rate is equal or greater than the market rate for credits with comparable risk.

Note 5 - Premises and Equipment

Note 5 - Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	Note 5. Premises and Equipment A summary of premises and equipment at December 31, 2015 and 2014 is as follows: 2015 2014 Useful Lives Land $ 33,918 $ 33,918 Building and improvements (in years) 10 - 39 1,478,561 1,413,746 Furniture and equipment (in years) 3 - 10 807,791 694,089 2,320,270 2,141,753 Accumulated depreciation 1,016,622 880,787 Net premises and equipment $ 1,303,648 $ 1,260,966 In April 2010, the Bank entered into a five-year lease agreement for its Westminster branch. The lease included an option for an additional five-year lease term. The Bank exercised that option in February 2015. The Bank pays its own operating expenses, including real estate taxes, insurance, utilities, maintenance and repairs. In addition, the Bank entered into a five year lease agreement for its Bethesda branch in June 2015. The lease includes an option for the landlord to terminate the lease after three years with a one year notice. Rent expense for the years ended December 31, 2015 and 2014 totaled $89,234 and $53,204, respectively. The total rental commitment under these leases is as follows: Year ended December 31, 2016 $ 136,781 2017 144,364 2018 151,995 2019 153,675 2020 87,211 Total rental commitment $ 674,026

Note 6 - Foreclosed Assets

Note 6 - Foreclosed Assets	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Real Estate Owned [Text Block]	Note 6. Foreclosed Assets The following table is a summary of the activity in other real estate owned for the years ended December 31, 2015 and 2014: 2015 2014 Beginning balance $ 52,964 $ 462,005 Properties added during the year 146,410 - Capitalized Costs - - Write-downs - - Properties disposed during the year - (406,409 ) Loss on sale of disposed properties - (2,632 ) Ending balance $ 199,374 $ 52,964

Note 7 - Deposits

Note 7 - Deposits	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Deposit Liabilities Disclosures [Text Block]	Note 7. Deposits Deposits were comprised of the following at December 31, 2015 and 2014: At December 31, 2015 At December 31, 2014 Balance Percent of Total Balance Percent of Total Non-interest bearing checking $ 8,718,993 7.1 % $ 9,744,047 10.1 % Interest-bearing checking 8,098,550 6.6 % 5,148,677 5.3 % Savings 2,512,638 2.1 % 2,286,801 2.4 % Premium savings 20,619,758 16.9 % 21,618,919 22.3 % IRA savings 6,325,231 5.2 % 7,304,321 7.5 % Money market 11,892,738 9.7 % 10,587,572 10.9 % Certificates of deposit 63,933,254 52.4 % 40,214,550 41.5 % Total deposits $ 122,101,162 100.0 % $ 96,904,887 100.0 % Certificates of deposit scheduled maturities are as follows: At December 31, 2015 At December 31, 2014 Period to Maturity: Less than or equal to one year $ 36,634,331 $ 18,314,343 More than one to two years 13,245,022 6,043,772 More than two to three years 8,965,734 6,696,340 More than three to four years 1,798,769 7,280,817 More than four to five years 3,289,398 1,879,278 Total certificates of deposit $ 63,933,254 $ 40,214,550 Certificates of deposits included $27.8 million and $4.9 million, respectively, of brokered and listing service deposits at December 31, 2015 and 2014. Deposit accounts in the Bank are insured by the FDIC, generally up to a maximum of $250,000 per separately insured depositor.

Note 8 - Borrowings

Note 8 - Borrowings	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Federal Home Loan Bank Advances, Disclosure [Text Block]	Note 8. Borrowings The Company has a credit line with the FHLBA with a maximum borrowing limit of 20% of the Bank’s total assets, as determined on a quarterly basis based on the data in the Bank’s call report as filed with the FDIC. The maximum borrowing availability is also limited to approximately 80% of the unpaid principal balance of qualifying residential mortgage loans. The FHLBA has a blanket floating lien on the Company’s residential mortgage portfolio and FHLBA stock as collateral for the outstanding advances. Borrowing Maturity December 31, December 31, Amount Rate Date 2015 2014 $ 5,000,000 2.29 % 8/21/2018 $ 5,000,000 $ 5,000,000 7,500,000 0.91 % 12/30/2016 $ 7,500,000 $ - 1,500,000 0.29 % 6/30/2015 $ - $ 1,500,000 1,500,000 0.21 % 3/31/2015 $ - $ 1,500,000 Total advances from FHLBA $ 12,500,000 $ 8,000,000 Unused available line of credit $ 14,735,000 $ 3,280,000 (1) callable quarterly by the FHLBA. At December 31, 2015, the scheduled maturities of the FHLBA advances are as follows: Years ending December 31, 2016 $ 7,500,000 2017 - 2018 5,000,000 2019 - 2020 - Thereafter - Total advances from FHLBA $ 12,500,000 At December 31, 2015, the Company had availability of $10.5 million with various correspondent banks for short term liquidity needs, if necessary. There were no borrowings outstanding at December 31, 2015 and 2014 under these facilities.

Note 9 - Income Taxes

Note 9 - Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 9. Income Taxes Income tax expense consisted of the following components: For Years Ended December 31, 2015 2014 Current income tax expense: Federal $ 167,620 $ 130,555 State 37,766 31,886 Total current income tax expense 205,386 162,441 Deferred income tax (benefit) expense: Federal (37,922 ) 58,109 State (10,027 ) 15,365 Total deferred income tax (benefit) expense (47,949 ) 73,474 Total income tax expense $ 157,437 $ 235,915 A reconciliation of the statutory income tax rate of 34% to the income tax expense included in the statements of operations is as follows: For Years Ended December 31, 2015 2014 Amount Percent of Pretax Income Amount Percent of Pretax Income Expected tax at federal statutory rate $ 145,737 34.00 % $ 212,962 34.00 % State income tax, net of federal income tax benefit 18,308 4.27 % 31,179 4.98 % Tax-exempt income (25,373 ) -5.92 % (20,155 ) -3.22 % Other 18,765 4.38 % 11,929 1.90 % Total income tax expense $ 157,437 36.73 % $ 235,915 37.66 % The components of the net deferred tax assets are as follows: At December 31, 2015 2014 Deferred tax assets: Allowance for loan losses $ 355,445 $ 284,829 Contribution carryforward - 11,172 Other 8,738 22,451 Total deferred tax assets 364,183 318,452 Deferred tax liabilities: Net deferred loan origination costs / fees (53,319 ) (64,658 ) Depreciation on premises and equipment (25,786 ) (11,546 ) Federal Home Loan Bank stock basis difference (22,329 ) (22,329 ) Net unrealized gains on securities available for sale (1,665 ) (6,784 ) Total deferred tax liabilities (103,099 ) (105,317 ) Net deferred tax assets $ 261,084 $ 213,135 The Bank was allowed a special bad debt deduction at various percentages of otherwise taxable income for years through December 31, 1987. If the amounts which qualified as deductions for income tax purposes prior to December 31, 1987 are later used for purposes other than to absorb loan losses, including distributions in liquidations, they will be subject to income tax at the then current corporate rate. Retained earnings at December 31, 2015 and 2014 include $655,000 of such bad debt deductions for which no provision for income tax has been provided. In assessing whether the Company will be able to realize the deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. The Company considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the periods in which the deferred tax assets are deductible, the Company believes it is more likely than not the benefits of these deductible differences will be realized. The amount of the deferred tax assets considered realizable, however, could be reduced in the near term if estimates of future taxable income are reduced. There was no valuation allowance for deferred tax assets as of December 31, 2015 and 2014. As of December 31, 2015, the Company did not have any uncertain tax positions. Interest and penalties associated with tax liabilities would be classified as additional income taxes in the statement of operations. As of December 31, 2015, tax years ended December 31, 2012 through December 31, 2015 remain open and are subject to Federal and State taxing authority examination.

Note 10 - Commitments, Continge

Note 10 - Commitments, Contingent Liabilities, and Off-Balance Sheet Arrangements	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Note 10 . Commitments, Contingent Liabilities, and Off-Balance Sheet Arrangements The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financial needs of our customers. These financial instruments are limited to commitments to originate mortgage loans and home equity loans, and involve, to varying degrees, elements of credit, interest rate, and liquidity risk. These do not represent unusual risks and management does not anticipate any losses which would have a material effect on us. Outstanding loan commitments and lines of credit at December 31, 2015 and 2014 are as follows: 2015 2014 Commitments to extend credit: Consumer loans $ 642,250 $ 450,000 Commercial loans 4,250,992 4,806,250 4,893,242 5,256,250 Commitments under available lines of credit: Consumer loans 3,737,267 4,308,035 Commercial loans 1,765,552 1,883,298 5,502,819 6,191,333 Total Commitments $ 10,396,061 $ 11,447,583 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. We generally require collateral to support financial instruments with credit risk on the same basis as we do for balance sheet instruments. Management generally bases the collateral required on the credit evaluation of the counter party. Commitments generally have interest rates fixed at current market rates, expiration dates or other termination clauses and may require payment of a fee. Available credit lines represent the unused portion of lines of credit previously extended and available to the customer so long as there is no violation of any contractual condition. These lines generally have variable interest rates. Since we expect many of the commitments to expire without being drawn upon, and since it is unlikely that customers will draw upon their lines of credit in full at any time, the total commitment amount or line of credit amount does not necessarily represent future cash requirements. We evaluate each customer’s credit-worthiness on a case-by-case basis. Because we conservatively underwrite these facilities at inception, we have not had to withdraw any commitments. We are not aware of any loss that we would incur by funding our commitments or lines of credit. The credit risk involved in these financial instruments is essentially the same as that involved in extending loan facilities to customers. No amount has been recognized in the statement of financial condition at December 31, 2015 or 2014 as a liability for credit loss related to these commitments.

Note 11 - Defined Contribution

Note 11 - Defined Contribution Benefit Plan	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	Note 11. Defined Contribution Benefit Plan The Company has a 401(k) profit sharing plan in which a majority of employees participate. Effective January 1, 2015 the 401(k) plan was amended to be a "safe harbor" plan in order to satisfy certain Internal Revenue Service non-discrimination testing requirements. Under the amended plan, the employer match is calculated on the participant’s contribution based on 100% of the first 3% of a participant’s annual salary and 50% on the next 2% of a participant’s annual salary. During the year ended December 31, 2015, the Bank matched $59,932 compared to $14,789 during the year ended December 31, 2014 under the previous plan employer matching structure.

Note 12 - Employee Stock Owners

Note 12 - Employee Stock Ownership Plan	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Compensation and Employee Benefit Plans [Text Block]	Note 12. Employee Stock Ownership Plan The Company has an employee stock ownership plan (“ESOP”) for eligible employees. The ESOP holds 34,878 shares of the Company’s common stock of which 7,559 shares have been allocated to eligible employees as of December 31, 2015. The loans from the Company to the ESOP to fund the ESOP’s purchase of the common stock are secured by the shares purchased and will be repaid by the ESOP over the term of each loan with funds from the Bank’s contributions to the ESOP and dividends payable on the common stock, if any. The interest rates on the ESOP loans are adjustable rates equal to the lowest Prime rate, as published in The Wall Street Journal. The interest rate will adjust monthly and will be the Prime rate on the first business day of the calendar month. The interest rate on each of the loans was 3.25% as of December 31, 2015. The shares purchased by the ESOP are held by trustees in an unallocated suspense account, and shares are released annually from the suspense account on a pro-rata basis as principal and interest payments are made by the ESOP to the Company. The trustees allocate the shares released among participants on the basis of each participant’s proportional share of compensation relative to all participants. Participants vest in their accounts 20% after each year of service and become 100% vested upon the completion of five years of service. Participants who were employed by the Bank immediately prior to the Company’s initial public offering received credit for vesting purposes for years of service prior to adoption of the ESOP. Participants also become fully vested automatically upon normal retirement, death or disability, a change in control, or termination of the ESOP. Generally, participants will receive distributions from the ESOP upon separation from service. Forfeitures are reallocated to remaining plan participants. The debt of the ESOP, in accordance with generally accepted accounting principles, is eliminated in consolidation and the shares pledged as collateral are reported as unearned ESOP shares in the consolidated balance sheet. Contributions to the ESOP shall be sufficient to pay principal and interest currently due under the loan agreements. As shares are committed to be released from collateral, the Bank reports compensation expense equal to the average market price of the shares for the respective period, and shares become outstanding for earnings per share computations. ESOP compensation expense for the years ended December 31, 2015 and 2014 was $29,739 and $25,055, respectively. Shares held by the ESOP trust at December 31, 2015 and 2014 are as follows: At December 31, At December 31, 2015 2014 Allocated shares 7,559 5,705 Unallocated shares 27,319 29,173 Total ESOP shares 34,878 34,878 Fair value of unallocated shares $ 443,934 $ 413,287 Shares at December 31, 2014 have been restated for the 20% stock dividend in 2015. The Company conducted a rights offering in 2014 pursuant to which it gave all holders of its common stock the opportunity to purchase additional shares of common stock and warrants to purchase additional shares of its common stock. As an existing stockholder, the ESOP was entitled to the rights to acquire 7,498 shares of common stock along with warrants to purchase 3,749 shares of common stock. The trustees of the ESOP exercised the rights to acquire the common stock and warrants, and the ESOP borrowed from the Company the funds necessary to pay for the 7,498 shares of common stock and the related warrants. After the ESOP’s exercise of the rights and purchase of the common stock and warrants, the Bank learned that the ESOP may have engaged in a nonexempt transaction. According to ERISA Reg. Section 2550.407d-5, rights and warrants are not qualifying employer securities and cannot be purchased unless the Department of Labor (“DOL”) issues an exemption. The Company and the Bank engaged special outside counsel and an application for a retroactive exemption was filed with the DOL on December 11, 2014. After the submission of additional information and discussions with the DOL, on June 26, 2015, the DOL advised the Company and the Bank that it declined to issue a retroactive exemption for the ESOP’s exercise of its rights in the rights offering. Therefore, the Company and the Bank withdrew the application and outside counsel advised the Bank to reverse the ESOP’s exercise of the rights and resulting purchase of the shares of common stock and warrants. The Bank completed the reversal of the transactions on December 30, 2015 and will file forms 5330 for 2015 and 2014 with the Internal Revenue Service and pay the applicable excise taxes. The determination of the “amount involved” and the calculation of the excise tax will be made in accordance with the instructions to Form 5330, the DOL Online Calculator and Revenue Ruling 2006-38. The Bank believes the amount of the excise taxes will be nominal. In order to make the ESOP whole, the Company sold to the ESOP, in an offering exempt from the registration requirements of the Securities Act of 1933, the number of shares of common stock the ESOP had returned pursuant to the reversal of its exercise of the rights in the rights offering on December 30, 2015. The ESOP purchased 8,998 shares (7,498 shares pre-stock dividend) of the Company’s common stock at a price of $12.56 per share on December 30, 2015.

Note 13. Share-Based Compensati

Note 13. Share-Based Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 13. Share-Based Compensation At December 31, 2015, the Company has outstanding 12,508 unvested shares of restricted common stock pursuant to awards granted under the Carroll Bancorp, Inc. 2011 Recognition and Retention Plan and Trust Agreement (“Plan”). Unrecognized stock based compensation expense related to restricted stock awards totaled $145,000 at December 31, 2015. The cost of the restricted stock awards is amortized in equal installments over a five-year vesting period. Restricted stock expense was $46,434 and $31,876, respectively. The fair value of these restricted stock awards is based on the closing price of the Company’s stock on the grant date. Non-vested restricted stock awards may not be disposed of or transferred during the vesting period. The table below presents the restricted stock award activity for the periods shown: Service-Based Restricted Stock Awards Weighted Average Grant Date Fair Value Non-vested at December 31, 2012 - $ - Granted 12,940 13.58 Vested - - Forfeited - - Non-vested at December 31, 2013 12,940 13.58 Granted 1,456 13.75 Vested (2,291 ) 13.58 Forfeited (1,456 ) 13.58 Non-vested at December 31, 2014 10,649 13.60 Granted 4,777 14.11 Vested (2,475 ) 13.60 Forfeited (443 ) 13.58 Non-vested at December 31, 2015 12,508 $ 13.80 The Company also maintains the Carroll Bancorp, Inc. 2011 Stock Option Plan.

Note 14 - Earnings Per Share

Note 14 - Earnings Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 14. Earnings per Share Basic earnings per share are computed by dividing income available to common shareholders 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 entity. Unallocated ESOP and unearned Recognition and Retention Plan shares are excluded from this calculation. For the Twelve Months Ended December 31, 2015 For the Twelve Months Ended December 31, 2014 Net Income available to common shareholders $ 271,202 $ 390,445 Weighted average number of shares used in: Basic number of shares 905,447 503,905 Adjustment for common share equivalents 19,211 14,159 Diluted number of shares 924,658 518,064 Basic net income per common share $ 0.30 $ 0.77 Diluted net income per common share $ 0.29 $ 0.75

Note 15 - Related Party Transac

Note 15 - Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 15 . Related Party Transactions In the ordinary course of business, the Bank 2015 2014 Balance, beginning of year $ 462,832 $ 496,865 Additions 8,152 89,500 Payments (115,866 ) (123,533 ) Change in status 1,446,310 - Balance, end of year $ 1,801,428 $ 462,832 Deposits for principal officers, directors and their affiliates as of December 31, 2015 and 2014 were $4.9 and $4.7 million, respectively.

Note 16 - Fair Value Measuremen

Note 16 - Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 16 . Fair Value Measurements The FASB issued Accounting Standards Codification (“ASC”) Topic 825 “Financial Instruments” which provides guidance on the fair value option for financial assets and liabilities. This guidance permits entities to measure many financial instruments and certain other items at fair value. The objective is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. The election to use the fair value option is available when an entity first recognizes a financial asset or financial liability or upon entering into a commitment. Subsequent changes must be recorded in earnings. Simultaneously with the adoption of ASC 825, the Company adopted ASC 820, Fair Value Measurements, Level 1 Level 2 Level 3 A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The types of instruments valued based on quoted market prices in active markets include most U.S. government and agency securities, liquid mortgage products, active listed equities and most money market securities. Such instruments are generally classified within Level 1 or Level 2 of the fair value hierarchy. As required by ASC 820, the Bank does not adjust the quoted price for such instruments. The types of instruments valued based on quoted prices in markets that are not active, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency include most investment-grade and high-yield corporate bonds, less liquid mortgage products, less liquid equities, state, municipal and provincial obligations, and certain physical commodities. Such instruments are generally classified within Level 2 of the fair value hierarchy. Level 3 is for positions that are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Impaired loans are evaluated and valued at the time the loan is identified as impaired, at the lower of cost or market value. Market value is measured based on the value of the collateral securing these loans and is classified within Level 3 in the fair value hierarchy. Collateral may be real estate and/or business assets including equipment, inventory and/or accounts receivable. The value of real estate collateral is determined based on appraisal by qualified licensed appraisers hired by the Company. The value of business equipment, inventory and accounts receivable collateral is based on the net book value on the business’ financial statements and, if necessary, discounted based on management’s review and analysis. Appraised and reported values may be discounted based on management’s historical knowledge, changes in market conditions from the time of valuation, and/or management’s expertise and knowledge of the client and client’s business. Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on the same factors identified above. Foreclosed assets are adjusted for fair value upon transfer of loans to foreclosed assets. Subsequently, foreclosed assets are carried at the lower of carrying value and fair value. Fair value is based upon independent market prices, appraised value of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price or a current appraised value, the Bank records the foreclosed asset as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market prices, the Bank records the foreclosed asset as nonrecurring Level 3. The following table presents a summary of financial assets measured at fair value on a recurring basis at December 31, 2015 and 2014: At December 31, 2015 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential mortgage-backed securities 2,552,623 - 2,552,623 - Commercial mortgage-backed securities 2,017,187 - 2,017,187 - Municipal bonds 242,574 - 242,574 - Total securities available for sale $ 4,812,384 $ - $ 4,812,384 $ - At December 31, 2014 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential mortgage-backed securities 9,599,232 - 9,599,232 - Municipal bonds 275,474 - 275,474 - Total securities available for sale $ 9,874,706 $ - $ 9,874,706 $ - The following table presents a summary of financial assets measured at fair value on a non-recurring basis at December 31, 2015 and 2014: At December 31, 2015 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential owner occupied - first lien $ - $ - $ - $ - Residential owner occupied - junior lien - - - - Residential non-owner occupied (investor) 108,188 - - 108,188 Total impaired loans $ 108,188 $ - $ - $ 108,188 Foreclosed real estate $ 199,374 $ - $ - $ 199,374 At December 31, 2014 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential owner occupied - first lien $ 469,610 $ - $ - $ 469,610 Residential owner occupied - junior lien 9,417 - - 9,417 Residential non-owner occupied (investor) 116,043 - - 116,043 Total impaired loans $ 595,070 $ - $ - $ 595,070 Foreclosed real estate $ 52,964 $ - $ - $ 52,964 The following table shows a reconciliation of the beginning and ending balances for Level 3 assets: Impaired Loans Foreclosed Real Estate Balance, January 1, 2014 $ 1,049,038 $ 462,005 Total realized and unrealized gains (losses): Included in net income - (2,632 ) Settlements (749,397 ) (406,409 ) Transfers in and/or out of Level 3 295,429 - Balance, December 31, 2014 $ 595,070 $ 52,964 Total realized and unrealized gains (losses): Included in net income - - Settlements (253,803 ) - Transfers in and/or out of Level 3 (233,079 ) 146,410 Balance, December 31, 2015 $ 108,188 $ 199,374 The methods and assumptions used to estimate the fair values, including items in the above tables, are included in the disclosures that follow: Certificates of Deposit with Depository Institutions (Carried at Cost ) Securities Available for Sale (Carried at Fair Value). Securities Held to Maturity (Carried at Amortized Cost). Loans, Net of Allowance for Loan Losses (Carried at Cost). Foreclosed Assets (Carried at Lower of Cost or Fair Value Less Estimated Selling Costs). Bank-Owned Life Insurance (Carried at Surre nder Value ). Other Equity Securities (Carried at Cost). Deposit Liabilities (Carried at Cost). Federal Home Loan Bank Advances (Carried at Cost). Off- Balance Sheet Credit-Related Instruments (Disclosures at Cost). The estimated fair values of the Company’s financial instruments were as follows: At December 31, 2015 Carrying Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Amount Fair Value Level 1 Level 2 Level 3 Financial instruments - assets: Certificates of deposit with depository institutions $ 2,450,248 $ 2,450,248 $ - $ 2,450,248 $ - Securities available for sale 4,812,384 4,812,384 - 4,812,384 - Securities held for sale 2,005,775 2,011,900 - 2,011,900 - Loans, net of allowance for loan losses 128,433,411 129,910,000 - - 129,910,000 Bank-owned life insurance 2,107,770 2,107,770 - 2,107,770 - Other equity securities 869,296 869,296 - - 869,296 Financial instruments - liabilities: Deposits $ 122,101,162 $ 121,806,000 $ - $ 121,806,000 $ - Federal Home Loan Bank advances 12,500,000 12,616,000 - 12,616,000 - Financial instruments - off-balance sheet $ - $ - $ - $ - $ - At December 31, 2014 Carrying Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Amount Fair Value Level 1 Level 2 Level 3 Financial instruments - assets: Certificates of deposit with depository institutions $ 3,102,936 $ 3,102,936 $ - $ 3,102,936 $ - Securities available for sale 9,874,706 9,874,706 - 9,874,706 - Securities held for sale 1,256,280 1,272,835 - 1,272,835 - Loans, net of allowance for loan losses 89,984,513 91,718,000 - - 91,718,000 Bank-owned life insurance 2,051,646 2,051,646 - 2,051,646 - Other equity securities 605,596 605,596 - - 605,596 Financial instruments - liabilities: Deposits $ 96,904,887 $ 96,864,887 $ - $ 96,864,887 $ - Federal Home Loan Bank advances 8,000,000 8,179,000 - 8,179,000 - Financial instruments - off-balance sheet $ - $ - $ - $ - $ -

Note 17 - Regulatory Matters an

Note 17 - Regulatory Matters and Capital Requirements	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 17 . Regulatory Matters and Capital Requirements Federal and state banking regulations place certain restrictions on dividends paid to the Company by the Bank, and loans or advances made by the Bank to the Company. For a Maryland chartered bank, dividends may be paid out of undivided profits or, with the prior approval of the Maryland Office of the Commissioner of Financial Regulation, from surplus in excess of 100% of capital stock. If, however, the surplus of a Maryland bank is less than 100% of its capital stock, then, until the surplus is 100 percent of the capital stock, Carroll Community Bank must transfer to its surplus annually at least ten percent of its net earnings and may not declare or pay any cash dividends that exceed 90 percent of its net earnings. Loans and advances are limited to 10% of the Bank’s capital and surplus on a secured basis. In addition, the payment of dividends by the Bank would be prohibited if the effect thereof would cause the Bank’s capital to be reduced below minimum capital requirements. The Company’s ability to pay dividends is dependent on the Bank’s ability to pay dividends to the Company. The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of its assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table) of total and tier 1 capital to risk weighted assets, core capital to adjusted tangible assets and tangible capital to tangible assets. Management believes, as of December 31, 2015, the Bank met all capital adequacy requirements to which it is subject. As of September 2015, the most recent examination from the Bank’s regulators categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum ratios as set forth in the following table. There are no conditions or events since the notification that management believes have changed the Bank’s category. The Bank’s actual capital amounts and ratios as of December 31, 2015 and 2014 are presented in the table below: At December 31, 2015 Actual For Capital Adequacy Purposes To be well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total capital to risk-weighted assets $ 16,584,390 16.0 % $ 8,301,696 8.0 % $ 10,377,120 10.0 % Tier 1 capital to risk-weighted assets 15,683,390 15.1 % 6,226,272 6.0 % 8,301,696 8.0 % Common equity tier 1 capital to risk-weighted assets 15,683,390 15.1 % 4,669,704 4.5 % 6,745,128 6.5 % Tier 1 leverage to average assets 15,683,390 10.0 % 6,306,887 4.0 % 7,883,609 5.0 % Tangible capital to tangible assets 15,685,888 10.4 % N/A N/A N/A N/A At December 31, 2014 Actual For Capital Adequacy Purposes To be well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total capital to risk-weighted assets $ 11,049,639 14.8 % $ 5,968,618 8.0 % $ 7,460,773 10.0 % Tier 1 capital to risk-weighted assets 10,327,639 13.8 % 2,984,309 4.0 % 4,476,464 6.0 % Common equity tier 1 capital to risk-weighted assets N/A N/A N/A N/A N/A N/A Tier 1 leverage to average assets 10,327,639 9.2 % 4,515,721 4.0 % 5,644,651 5.0 % Tangible capital to tangible assets 10,337,815 8.9 % 1,738,590 1.5 % N/A N/A The following table presents a reconciliation of the Company’s consolidated equity as determined using GAAP and the Bank’s regulatory capital amounts: At December 31, At December 31, 2015 2014 Consolidated GAAP equity $ 16,293,170 $ 10,750,497 Consolidated equity in excess of Bank equity (607,282 ) (412,682 ) Bank GAAP equity - Tangible capital 15,685,888 10,337,815 Less: Accumulated other comprehensive income, net of tax 2,498 10,176 Disallowed deferred tax assets - - Common equity tier 1 capital 15,683,390 10,327,639 Plus: Additional tier 1 capital - - Tier 1 capital 15,683,390 10,327,639 Plus: Allowance for loan losses (1.25% of risk-weighted assets) 901,000 722,000 Total risk-based capital $ 16,584,390 $ 11,049,639

Note 18 - Other Comprehensive I

Note 18 - Other Comprehensive Income	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	Note 18. Other Comprehensive Income Comprehensive income is defined as net income plus transactions and other occurrences that are the result of non-owner changes in equity. For the financial statements presented, non-equity changes are comprised of the unrealized gains or losses on available-for-sale securities. Unrealized gain or losses do not have an impact on the Company’s net income. The following table presents the components of other comprehensive income (loss) for the years ended December 31, 2015 and 2014: Before Income Tax Income Tax Effect Net of Income Tax Year Ended December 31, 2015 Net unrealized loss on securities available-for-sale $ (8,107 ) $ (3,243 ) $ (4,864 ) Less: Reclassification adjustment for gains included in net income 4,690 1,876 2,814 Other comprehensive loss $ (12,797 ) $ (5,119 ) $ (7,678 ) Year Ended December 31, 2014 Net unrealized gain on securities available-for-sale $ 186,492 $ 74,598 $ 111,894 Less: Reclassification adjustment for gains included in net income 11,374 4,550 6,824 Other comprehensive income $ 175,118 $ 70,048 $ 105,070 The following table presents the changes in accumulated comprehensive income (loss), net of tax, for the years ended December 31, 2015 and 2014: Securities Available For Sale Balance at January 1, 2014 $ (94,894 ) Other comprehensive loss before reclassifications 111,894 Amounts reclassified from accumulated other comprehensive income 6,824 Net other comprehensive loss 105,070 Balance at December 31, 2014 10,176 Other comprehensive income before reclassifications (4,864 ) Amounts reclassified from accumulated other comprehensive income 2,814 Net other comprehensive income (7,678 ) Balance at December 31, 2015 $ 2,498 The following table presents the amount reclassified out of accumulated other comprehensive income for the years ended December 31, 2015 and 2014: Affected Line Item in the Year Ended December 31, Statement Where 2015 2014 Net Income is Presented Realized gain on the sale of investment securities $ 4,690 $ 11,374 Gain on sale of securities Income tax effect 1,876 4,550 Income tax expense Total reclassifications $ 2,814 $ 6,824 Net income

Note 19 - Parent Company Only F

Note 19 - Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 19 . Parent Company Only Financial Statements Presented below are the condensed balance sheet, statement of operations and statement of cash flows for Carroll Bancorp, Inc. at and for the twelve months ended December 31, 2015 and 2014: Condensed Balance Sheets December 31, December 31, 2015 2014 Assets: Cash and due from banks $ 300,591 $ 2,993,230 Loans 310,739 285,447 Other assets 105 - Investment in bank subsidiary 15,685,888 10,337,815 Total Assets $ 16,297,323 $ 13,616,492 Liabilities: Offering escrow $ - $ 2,859,974 Other liabilities 4,153 6,021 Total Liabilities 4,153 2,865,995 Stockholders' Equity: Preferred Stock (par value $0.01); authorized 1,000,000 shares; no shares issued and outstanding - - Common Stock (par value $0.01); authorized 9,000,000 shares; issued and outstanding 978,279 at December 31, 2015 and 488,409 at December 31, 2014 9,783 4,884 Additional paid-in capital 12,799,995 4,873,447 Unallocated ESOP shares (261,088 ) (285,447 ) Unearned RSP shares (144,599 ) (170,217 ) Retained earnings 3,886,581 6,317,654 Accumulated other comprehensive income 2,498 10,176 Total stockholders' equity 16,293,170 10,750,497 Total liabilities and stockholders' equity $ 16,297,323 $ 13,616,492 Condensed Statements of Operations For the Year Ending December 31, 2015 For the Year Ending December 31, 2014 Loans $ 10,528 $ 8,958 Dividends from bank subsidiary - - Total income 10,528 8,958 Non-interest expense - - Income before income tax expense 10,528 8,958 Income tax expense 4,153 3,534 Net income before equity in net income of bank subsidiary 6,375 5,424 Equity in net income of bank subsidiary 264,827 385,021 Net income $ 271,202 $ 390,445 Condensed Statements of Cash Flows For the Year Ending December 31, 2015 For the Year Ending December 31, 2014 Cash flows from operating activities: Net income $ 271,202 $ 390,445 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income of bank subsidiary (264,827 ) (385,021 ) (Increase) decrease in other assets (105 ) 519 (Decrease ) increase in other liabilities (1,868 ) 3,533 Net cash provided by operating activities 4,402 9,476 Cash flows from investing activities: Private placement offering collections (2,859,974 ) 2,859,974 ESOP loan principal collections 17,406 17,841 Increase in loans (49,651 ) - Investment in bank subsidiary (5,000,000 ) (1,800,000 ) Net cash (used in) provided by investing activities (7,892,219 ) 1,077,815 Cash flows from financing activities: Proceeds from issuance of common stock, net of costs 4,965,829 1,897,433 Proceeds from warrant exercise 371,187 63,536 Common stock repurchase (141,838 ) - Loan to purchase common stock for the ESOP - (119,969 ) Purchase of common stock for RSP - (59,984 ) Net cash provided by financing activities 5,195,178 1,781,016 Net (decrease) increase in cash and cash equivalents (2,692,639 ) 2,868,307 Cash and cash equivalents, beginning balance 2,993,230 124,923 Cash and cash equivalents, ending balance $ 300,591 $ 2,993,230

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, the Bank. All significant intercompany balances and transactions between the Company and the Bank have been eliminated.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“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 revenue and expenses during the reported period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for losses on loans and the valuation of real estate acquired in connection with foreclosure or in satisfaction of loans. In connection with the determination of the allowance for losses on loans and foreclosed real estate, management obtains independent appraisals for significant properties.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain prior year amounts have been reclassified to conform to the current year method of presentation. Such reclassifications have no effect on net income.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For the purposes of the statements of cash flows, cash and cash equivalents include cash on hand, balances due from banks, interest-bearing deposits in other banks and federal funds sold.
Certificates of Deposit with Depository Institutions [Policy Text Block]	Certificates of Deposit with Depository Institutions The Bank uses this financial instrument to supplement the securities investment portfolio. Interest and dividend income is recognized as earned. Purchase premiums and discounts are recognized as part of interest income using the interest method over the terms of the investments. Realized gains and losses on the sale of certificates of deposit are included in earnings based on trade date and are determined using the specific identification method. Certificates of deposit with depository institutions are not marked to market.
Investment, Policy [Policy Text Block]	Securities Management determines the appropriate classification of debt securities at the time of purchase and re-evaluates such designation as of each balance sheet date. Securities that the Bank has the positive intent and ability to hold to maturity are classified as held to maturity and are reported at amortized cost (including amortization of premium or accretion of discount). Securities classified as available for sale are those securities that the Bank intends to hold for an indefinite time period but not necessarily to maturity. Securities available for sale are reported at fair value. Net unrealized gains and losses on securities available for sale are recognized as increases or decreases in other comprehensive income, net of taxes, and are excluded from the determination of net income. Interest and dividend income is recognized as earned. Realized gains and losses on the sale of securities are included in earnings based on trade date and are determined using the specific identification method. Purchase premiums and discounts are recognized as part of interest income using the interest method over the terms of the securities. Declines in the fair value of individual available for sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses. In estimating other-than-temporary impairment (“OTTI”) losses for debt securities, management considers whether the Bank (1) has the intent to sell the security, or (2) will more likely than not be required to sell the security before its anticipated recovery, or (3) will suffer a credit loss as the present value of the cash flows is expected to be collected from the security are less than its amortized cost basis. The Bank does not engage in securities trading.
Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block]	Loans Held For Sale The Bank may from time to time carry loans held for sale. Loans held for sale are carried at lower of aggregate cost or fair value. Market value is derived from secondary market quotations for similar instruments. Net unrealized losses are recognized through a valuation allowance by charges to income.
Policy Loans Receivable, Policy [Policy Text Block]	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as a yield adjustment of the related loans using the interest method over the contractual term. The accrual of interest is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest, even though the loan is currently performing. A loan may remain on accrual status, if it is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest is reversed. Interest received on nonaccrual loans generally is either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. Generally, loans are restored to accrual status when the obligation is brought current and future payments are reasonably assured.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established through provisions for loan losses charged against income. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is maintained at a level to provide for losses that are probable and can be reasonably estimated. Management’s periodic evaluation of the adequacy of the allowance is based on the Bank’s past loan loss experience, known and inherent losses in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant change, including the amounts and timing of future cash flows expected to be received on impaired loans. The allowance consists of specific, general and unallocated components. The specific reserve component relates to loans that are classified as substandard or doubtful. For such loans that are also classified as impaired, an allowance is established when the collateral value of the impaired loan is lower than the carrying amount of that loan. Impaired loans for which the estimated fair value of the loan exceeds the carrying value of the loan do not require a specific allowance. General allowances are established for loan losses on a portfolio basis for loans that do not meet the definition of impaired. The portfolio is grouped into similar risk characteristics, primarily loan type. The Company applies an estimated loss rate to each loan group. The loss rates applied are based upon its loss experience adjusted, as appropriate, for qualitative factors. The unallocated component represents the margin of imprecision inherent in the underlying assumptions used in estimating specific and general allowances. A loan is considered past due or delinquent when a contractual payment is not paid by its due date. A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for all loans secured by real estate by either the present value of expected cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not separately identify individual consumer loans for impairment disclosures. The Bank’s charge-off policy states after all collection efforts have been exhausted, the loan is deemed to be a loss and the loss amount has been determined, the loss amount will be charged against the allowance for loan losses. Loans secured by real estate, either residential or commercial, are evaluated for loss potential at the 60 day past due threshold. At 90 days past due the loan is placed on nonaccrual status and a specific reserve is established if the net realizable value in less than the principal value of the loan balance(s). Once the actual loss value has been determined a charge-off for the amount of the loss is taken. Each loss is evaluated on its specific facts regarding the appropriate timing to recognize the loss. Consumer real estate loans are typically charged-off no later than 180 days past due and unsecured consumer loans are charged-off at the 90 day past due threshold or when an actual loss has been determined whichever is earlier.
Other Equity Securities [Policy Text Block]	Other Equity Securities Federal law requires a member institution of the Federal Home Loan Bank (the “FHLB”) to hold stock of its district FHLB according to a predefined formula. FHLB stock represents the required investment in the common stock of the Federal Home Loan Bank of Atlanta (the “FHLBA”) and is carried at cost. FHLB stock ownership is restricted and the stock can be sold only to the FHLB or to another member institution at its par value per share. The Company evaluates the FHLB stock for impairment. The Company’s determination of whether this investment is impaired is based on an assessment of the ultimate recoverability of its cost rather than by recognizing temporary declines in value. The determination of whether a decline in value affects the ultimate recoverability of its cost is influenced by criteria such as (1) the significance of the decline in net assets of the FHLB as compared to the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, and (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the FHLB. The Bank also maintains an investment in capital stock of Atlantic Central Bankers Bank, Community Bankers Bank and Maryland Financial Bank. Because no ready market exists for Atlantic Central Bankers Bank, Community Bankers Bank and Maryland Financial Bank stock, the Bank’s investment in these stocks is carried at cost.
Bank Owned Life Insurance [Policy Text Block]	Bank Owned Life Insurance The Bank purchased single-premium life insurance policies on certain employees of the Bank. Appreciation in the value of the insurance policies is classified in non-interest income.
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation. Land is carried at cost. Depreciation of premises and equipment is computed on the straight-line method over the estimated useful lives of the assets. Additions and improvements are capitalized and amortized over the shorter of their estimated useful life or the term of the lease. Estimated useful lives are 20 to 40 years for buildings, 5 to 10 years for leasehold improvements and 5 years for equipment. Charges for repairs and maintenance are expensed when incurred.
Loans and Leases Receivable, Real Estate Acquired Through Foreclosure, Policy [Policy Text Block]	Foreclosed Real Estate Real estate acquired through foreclosure is recorded at the lower of cost or fair value less estimated selling costs at the date of the foreclosure. Management periodically evaluates the recoverability of the carrying value of the real estate acquired through foreclosure. In the event of a subsequent decline, management provides an additional allowance to reduce real estate acquired through foreclosure to its fair value less estimated disposal cost. Costs related to holding such real estate are included in expenses for the current period while costs relating to improving the fair value of such real estate are capitalized.
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred income taxes are recognized for temporary differences between the financial reporting basis and income tax basis of assets and liabilities based on enacted tax rates expected to be in effect when such amounts are realized or settled. Deferred tax assets are recognized only to the extent that it is more likely than not those amounts will be realized based on consideration of available evidence. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company has entered into a tax sharing agreement with the Bank. The agreement provides that the Company will file a consolidated federal tax return and that the tax liability shall be apportioned among the entities as would be computed if each entity had filed a separate return. According to Maryland tax law, the Company and the Bank file separate Maryland state tax returns.
Advertising Costs, Policy [Policy Text Block]	Advertising Costs All advertising costs are expensed as incurred. Advertising expense was $35,834 in 2015 and $41,747 in 2014.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income GAAP requires that recognized revenue, expenses, gains and losses be included in net income. Certain changes in assets and liabilities, such as unrealized gains and losses on securities available for sale, are reported as a separate component of equity, such items, along with net income, are components of comprehensive income. The element of “other comprehensive income” includes unrealized gains or losses on securities available for sale and reclassification adjustments for gains on security sales.
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	Off-Balance Sheet Financial Instruments In the ordinary course of business, the Bank has entered into off-balance sheet financial instruments consisting of commitments to extend credit. Such financial instruments are recorded in the statement of financial condition when they are funded.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Credit Risk Concentrations Most of the Bank’s activities are with customers within Carroll County, Maryland and all contiguous counties in Maryland. The Bank does not have any significant concentrations to any one industry or customer but does have a concentration in real estate lending.
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Standards Adopted in 2015 In January 2014, the FASB issued ASU 2014-04, Receivables – Troubled Debt Restructurings By Creditors (Subtopic 310-40) – Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure. In August 2014, the FASB issued ASU No. 2014-14, Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure Accounting Standards Pending Adoption In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers In January 2016, the FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities Other than the disclosures contained within these statements, the Company has determined that all other recently issued accounting pronouncements will not have a material impact on its consolidated financial statements or do not apply to its operations.

Note 2 - Securities (Tables)

Note 2 - Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Unrealized Gain (Loss) on Investments [Table Text Block]	At December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available for sale: Residential mortgage-backed securities $ 2,549,295 $ 12,146 $ 8,818 $ 2,552,623 Commercial mortgage-backed securities 2,017,187 - - 2,017,187 Municipal bonds 241,739 2,503 1,668 242,574 $ 4,808,221 $ 14,649 $ 10,486 $ 4,812,384 Securities held to maturity: Municipal bonds $ 500,000 $ 9,470 $ - $ 509,470 Corporate bonds 1,505,775 250 3,595 1,502,430 $ 2,005,775 $ 9,720 $ 3,595 $ 2,011,900 At December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available for sale: Residential mortgage-backed securities $ 9,582,443 $ 44,803 $ 28,014 $ 9,599,232 Municipal bonds 275,303 2,641 2,470 275,474 $ 9,857,746 $ 47,444 $ 30,484 $ 9,874,706 Securities held to maturity: Municipal bonds $ 500,000 $ 7,460 $ - $ 507,460 Corporate bonds 756,280 9,095 - 765,375 $ 1,256,280 $ 16,555 $ - $ 1,272,835
Investments Classified by Contractual Maturity Date [Table Text Block]	At December 31, 2015 Securities available for sale Securities held to maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Under 1 year $ - $ - $ - $ - Over 1 year through 5 years 378,316 379,770 - - After 5 years through 10 years 3,822,110 3,816,649 1,755,775 1,756,777 Over 10 years 607,795 615,965 250,000 255,123 $ 4,808,221 $ 4,812,384 $ 2,005,775 $ 2,011,900 At December 31, 2014 Securities available for sale Securities held to maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Under 1 year $ - $ - $ - $ - Over 1 year through 5 years 319,751 321,553 - - After 5 years through 10 years 1,592,829 1,605,510 756,280 765,375 Over 10 years 7,945,166 7,947,643 500,000 507,460 $ 9,857,746 $ 9,874,706 $ 1,256,280 $ 1,272,835
Schedule of Unrealized Loss on Investments [Table Text Block]	At December 31, 2015 Less than 12 Months 12 Months or More Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Securities available for sale: Residential mortgage-backed securities $ 1,801,533 $ 8,818 $ - $ - $ 1,801,533 $ 8,818 Municipal bonds - - 78,916 1,668 78,916 1,668 $ 1,801,533 $ 8,818 $ 78,916 $ 1,668 $ 1,880,449 $ 10,486 Securities held to maturity: Corporate $ 652,180 $ 3,595 $ - $ - $ 652,180 $ 3,595 At December 31, 2014 Less than 12 Months 12 Months or More Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Securities available for sale: Residential mortgage-backed securities $ - $ - $ 2,643,582 $ 28,014 $ 2,643,582 $ 28,014 Municipal bonds - - 107,186 2,470 107,186 2,470 $ - $ - $ 2,750,768 $ 30,484 $ 2,750,768 $ 30,484

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	At December 31, 2015 At December 31, 2014 Percent Percent Balance of Total Balance of Total Residential owner occupied - first lien $ 44,890,154 34.9 % $ 35,065,264 38.8 % Residential owner occupied - junior lien 4,988,405 3.9 % 5,239,183 5.8 % Residential non-owner occupied (investor) 15,849,835 12.3 % 9,065,983 10.0 % Commercial owner occupied 14,717,990 11.4 % 11,226,313 12.4 % Other commercial loans 47,883,818 37.2 % 29,550,727 32.6 % Consumer loans 376,070 0.3 % 391,945 0.4 % Total loans 128,706,272 100.0 % 90,539,415 100.0 % Net deferred fees, costs and purchase premiums 628,139 167,098 Allowance for loan losses (901,000 ) (722,000 ) Total loans, net $ 128,433,411 $ 89,984,513

Note 4 - Credit Quality of Lo31

Note 4 - Credit Quality of Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Allowance for Credit Losses on Financing Receivables [Table Text Block]	For the Twelve Months Ended December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Beginning balance $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 Charge-offs 19,748 - - - - - 19,748 Recoveries 33,369 - 1,744 - - - 35,113 Provision (35,913 ) (3,601 ) 22,107 27,933 153,109 - 163,635 Ending Balance $ 206,169 $ 21,450 $ 69,898 $ 117,744 $ 485,739 $ - $ 901,000 For the Twelve Months Ended December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Beginning balance $ 244,288 $ 26,704 $ 70,334 $ 72,751 $ 267,923 $ - $ 682,000 Charge-offs - - - - - - - Recoveries 18,560 - 6,076 - - - 24,636 Provision (34,387 ) (1,653 ) (30,363 ) 17,060 64,707 - 15,364 Ending Balance $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 At December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Ending balance $ 206,169 $ 21,450 $ 69,898 $ 117,744 $ 485,739 $ - $ 901,000 Ending balance individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance collectively evaluated for impairment $ 206,169 $ 21,450 $ 69,898 $ 117,744 $ 485,739 $ - $ 901,000 Loans: Ending balance $ 44,890,154 $ 4,988,405 $ 15,849,835 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,706,272 Ending balance individually evaluated for impairment $ - $ - $ 108,188 $ - $ - $ - $ 108,188 Ending balance collectively evaluated for impairment $ 44,890,154 $ 4,988,405 $ 15,741,647 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,598,084 At December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Allowance for loan losses: Ending balance $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 Ending balance individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance collectively evaluated for impairment $ 228,461 $ 25,051 $ 46,047 $ 89,811 $ 332,630 $ - $ 722,000 Loans: Ending balance $ 35,065,264 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,539,415 Ending balance individually evaluated for impairment $ 469,610 $ 9,417 $ 116,043 $ - $ - $ - $ 595,070 Ending balance collectively evaluated for impairment $ 34,595,654 $ 5,229,766 $ 8,949,940 $ 11,226,313 $ 29,550,727 $ 391,945 $ 89,944,345
Financing Receivable Credit Quality Indicators [Table Text Block]	At December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Pass $ 44,890,154 $ 4,988,405 $ 15,252,037 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,108,474 Special Mention - - - - - - - Substandard - - 597,798 - - - 597,798 Doubtful - - - - - - - Total $ 44,890,154 $ 4,988,405 $ 15,849,835 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,706,272 At December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Pass $ 34,595,654 $ 5,229,766 $ 8,452,784 $ 11,226,313 $ 29,184,051 $ 391,945 $ 89,080,513 Special Mention - - - - - - - Substandard 469,610 9,417 613,199 - 366,676 - 1,458,902 Doubtful - - - - - - - Total $ 35,065,264 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,539,415
Past Due Financing Receivables [Table Text Block]	At December 31, 2015 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Current $ 44,522,124 $ 4,988,405 $ 15,731,641 $ 14,717,990 $ 46,621,559 $ 376,070 $ 126,957,789 30-59 days past due 122,300 - 118,194 - 1,262,259 - 1,502,753 60-89 days past due 245,730 - - - - - 245,730 Greater than 90 days past due - - - - - - - Total past due 368,030 - 118,194 - 1,262,259 - 1,748,483 Total $ 44,890,154 $ 4,988,405 $ 15,849,835 $ 14,717,990 $ 47,883,818 $ 376,070 $ 128,706,272 At December 31, 2014 Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total Current $ 34,937,397 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,411,548 30-59 days past due 127,867 - - - - - 127,867 60-89 days past due - - - - - - - Greater than 90 days past due - - - - - - - Total past due 127,867 - - - - - 127,867 Total $ 35,065,264 $ 5,239,183 $ 9,065,983 $ 11,226,313 $ 29,550,727 $ 391,945 $ 90,539,415
Impaired Financing Receivables [Table Text Block]	At December 31, 2015 Impaired Loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Recorded Investment $ - $ - $ 108,188 $ - $ - $ - $ 108,188 Unpaid Principal Balance - - 108,188 - - - 108,188 With an allowance recorded: Recorded Investment $ - $ - $ - $ - $ - $ - $ - Unpaid Principal Balance - - - - - - - Related Allowance - - - - - - - Total impaired loans: Recorded Investment $ - $ - $ 108,188 $ - $ - $ - $ 108,188 Unpaid Principal Balance - - 108,188 - - - 108,188 Related Allowance - - - - - - - At December 31, 2014 Impaired Loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Recorded Investment $ 469,610 $ 9,417 $ 116,043 $ - $ - $ - $ 595,070 Unpaid Principal Balance 469,610 9,417 116,043 - - - 595,070 With an allowance recorded: Recorded Investment $ - $ - $ - $ - $ - $ - $ - Unpaid Principal Balance - - - - - - - Related Allowance - - - - - - - Total impaired loans: Recorded Investment $ 469,610 $ 9,417 $ 116,043 $ - $ - $ - $ 595,070 Unpaid Principal Balance 469,610 9,417 116,043 - - - 595,070 Related Allowance - - - - - - - For the Twelve Months Ended December 31, 2015 Impaired loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Average recorded investment $ 181,768 $ 1,883 $ 111,907 $ - $ - $ - $ 295,558 Interest income that would have been recognized 11,561 98 - - - - 11,659 Interest income recognized (cash basis) 19,626 611 - - - - 20,237 Interest income foregone (8,065 ) (513 ) - - - - (8,578 ) With an allowance recorded: Average recorded investment $ 22,014 $ - $ - $ - $ - $ - $ 22,014 Interest income that would have been recognized 2,943 - - - - - 2,943 Interest income recognized (cash basis) 1,856 - - - - - 1,856 Interest income foregone 1,087 - - - - - 1,087 Total impaired loans: Average recorded investment $ 203,782 $ 1,883 $ 111,907 $ - $ - $ - $ 317,572 Interest income that would have been recognized 14,504 98 - - - - 14,602 Interest income recognized (cash basis) 21,482 611 - - - - 22,093 Interest income foregone (6,978 ) (513 ) - - - - (7,491 ) For the Twelve Months Ended December 31, 2014 Impaired loans: Residential owner occupied - first lien Residential owner occupied - junior lien Residential non-owner occupied (investor) Commercial owner occupied Other commercial loans Consumer loans Total With no related allowance recorded: Average recorded investment $ 296,725 $ 9,417 $ 120,280 $ - $ 146,646 $ - $ 573,068 Interest income that would have been recognized 23,091 400 - - 4,935 - 28,426 Interest income recognized (cash basis) 5,984 - - - 7,806 - 13,790 Interest income foregone 17,107 400 - - (2,871 ) - 14,636 With an allowance recorded: Average recorded investment $ - $ - $ - $ - $ - $ - $ - Interest income that would have been recognized - - - - - - - Interest income recognized (cash basis) - - - - - - - Interest income foregone - - - - - - - Total impaired loans: Average recorded investment $ 296,725 $ 9,417 $ 120,280 $ - $ 146,646 $ - $ 573,068 Interest income that would have been recognized 23,091 400 - - 4,935 - 28,426 Interest income recognized (cash basis) 5,984 - - - 7,806 - 13,790 Interest income foregone 17,107 400 - - (2,871 ) - 14,636
Performing and Nonperforming Impaired Loans [Table Text Block]	At December 31, At December 31, 2015 2014 Performing loans: Impaired performing loans: Residential owner occupied - first lien $ - $ - Residential owner occupied - junior lien - - Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Troubled debt restructurings: Residential owner occupied - first lien 108,188 116,043 Residential owner occupied - junior lien - - Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Total impaired performing loans 108,188 116,043 Nonperforming loans: Impaired nonperforming loans (nonaccrual): Residential owner occupied - first lien - 469,610 Residential owner occupied - junior lien - 9,417 Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Troubled debt restructurings: Residential owner occupied - first lien - - Residential owner occupied - junior lien - - Residential non-owner occupied (investor) - - Commercial owner occupied - - Other commercial loans - - Consumer loans - - Total impaired nonperforming loans (nonaccrual): - 479,027 Total impaired loans $ 108,188 $ 595,070

Note 5 - Premises and Equipme32

Note 5 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	2015 2014 Useful Lives Land $ 33,918 $ 33,918 Building and improvements (in years) 10 - 39 1,478,561 1,413,746 Furniture and equipment (in years) 3 - 10 807,791 694,089 2,320,270 2,141,753 Accumulated depreciation 1,016,622 880,787 Net premises and equipment $ 1,303,648 $ 1,260,966
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Year ended December 31, 2016 $ 136,781 2017 144,364 2018 151,995 2019 153,675 2020 87,211 Total rental commitment $ 674,026

Note 6 - Foreclosed Assets (Tab

Note 6 - Foreclosed Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Other Real Estate, Roll Forward [Table Text Block]	2015 2014 Beginning balance $ 52,964 $ 462,005 Properties added during the year 146,410 - Capitalized Costs - - Write-downs - - Properties disposed during the year - (406,409 ) Loss on sale of disposed properties - (2,632 ) Ending balance $ 199,374 $ 52,964

Note 7 - Deposits (Tables)

Note 7 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Deposit Product Segment [Table Text Block]	At December 31, 2015 At December 31, 2014 Balance Percent of Total Balance Percent of Total Non-interest bearing checking $ 8,718,993 7.1 % $ 9,744,047 10.1 % Interest-bearing checking 8,098,550 6.6 % 5,148,677 5.3 % Savings 2,512,638 2.1 % 2,286,801 2.4 % Premium savings 20,619,758 16.9 % 21,618,919 22.3 % IRA savings 6,325,231 5.2 % 7,304,321 7.5 % Money market 11,892,738 9.7 % 10,587,572 10.9 % Certificates of deposit 63,933,254 52.4 % 40,214,550 41.5 % Total deposits $ 122,101,162 100.0 % $ 96,904,887 100.0 %
Schedule of Certificates of Deposit Maturities [Table Text Block]	At December 31, 2015 At December 31, 2014 Period to Maturity: Less than or equal to one year $ 36,634,331 $ 18,314,343 More than one to two years 13,245,022 6,043,772 More than two to three years 8,965,734 6,696,340 More than three to four years 1,798,769 7,280,817 More than four to five years 3,289,398 1,879,278 Total certificates of deposit $ 63,933,254 $ 40,214,550

Note 8 - Borrowings (Tables)

Note 8 - Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	Borrowing Maturity December 31, December 31, Amount Rate Date 2015 2014 $ 5,000,000 2.29 % 8/21/2018 $ 5,000,000 $ 5,000,000 7,500,000 0.91 % 12/30/2016 $ 7,500,000 $ - 1,500,000 0.29 % 6/30/2015 $ - $ 1,500,000 1,500,000 0.21 % 3/31/2015 $ - $ 1,500,000 Total advances from FHLBA $ 12,500,000 $ 8,000,000 Unused available line of credit $ 14,735,000 $ 3,280,000
Scheduled Maturities Of FHLBA Advances [Table Text Block]	Years ending December 31, 2016 $ 7,500,000 2017 - 2018 5,000,000 2019 - 2020 - Thereafter - Total advances from FHLBA $ 12,500,000

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	For Years Ended December 31, 2015 2014 Current income tax expense: Federal $ 167,620 $ 130,555 State 37,766 31,886 Total current income tax expense 205,386 162,441 Deferred income tax (benefit) expense: Federal (37,922 ) 58,109 State (10,027 ) 15,365 Total deferred income tax (benefit) expense (47,949 ) 73,474 Total income tax expense $ 157,437 $ 235,915
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For Years Ended December 31, 2015 2014 Amount Percent of Pretax Income Amount Percent of Pretax Income Expected tax at federal statutory rate $ 145,737 34.00 % $ 212,962 34.00 % State income tax, net of federal income tax benefit 18,308 4.27 % 31,179 4.98 % Tax-exempt income (25,373 ) -5.92 % (20,155 ) -3.22 % Other 18,765 4.38 % 11,929 1.90 % Total income tax expense $ 157,437 36.73 % $ 235,915 37.66 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	At December 31, 2015 2014 Deferred tax assets: Allowance for loan losses $ 355,445 $ 284,829 Contribution carryforward - 11,172 Other 8,738 22,451 Total deferred tax assets 364,183 318,452 Deferred tax liabilities: Net deferred loan origination costs / fees (53,319 ) (64,658 ) Depreciation on premises and equipment (25,786 ) (11,546 ) Federal Home Loan Bank stock basis difference (22,329 ) (22,329 ) Net unrealized gains on securities available for sale (1,665 ) (6,784 ) Total deferred tax liabilities (103,099 ) (105,317 ) Net deferred tax assets $ 261,084 $ 213,135

Note 10 - Commitments, Contin37

Note 10 - Commitments, Contingent Liabilities, and Off-Balance Sheet Arrangements (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	2015 2014 Commitments to extend credit: Consumer loans $ 642,250 $ 450,000 Commercial loans 4,250,992 4,806,250 4,893,242 5,256,250 Commitments under available lines of credit: Consumer loans 3,737,267 4,308,035 Commercial loans 1,765,552 1,883,298 5,502,819 6,191,333 Total Commitments $ 10,396,061 $ 11,447,583

Note 12 - Employee Stock Owne38

Note 12 - Employee Stock Ownership Plan (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]	At December 31, At December 31, 2015 2014 Allocated shares 7,559 5,705 Unallocated shares 27,319 29,173 Total ESOP shares 34,878 34,878 Fair value of unallocated shares $ 443,934 $ 413,287

Note 13. Share-Based Compensa39

Note 13. Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Service-Based Restricted Stock Awards Weighted Average Grant Date Fair Value Non-vested at December 31, 2012 - $ - Granted 12,940 13.58 Vested - - Forfeited - - Non-vested at December 31, 2013 12,940 13.58 Granted 1,456 13.75 Vested (2,291 ) 13.58 Forfeited (1,456 ) 13.58 Non-vested at December 31, 2014 10,649 13.60 Granted 4,777 14.11 Vested (2,475 ) 13.60 Forfeited (443 ) 13.58 Non-vested at December 31, 2015 12,508 $ 13.80

Note 14 - Earnings Per Share (T

Note 14 - Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Twelve Months Ended December 31, 2015 For the Twelve Months Ended December 31, 2014 Net Income available to common shareholders $ 271,202 $ 390,445 Weighted average number of shares used in: Basic number of shares 905,447 503,905 Adjustment for common share equivalents 19,211 14,159 Diluted number of shares 924,658 518,064 Basic net income per common share $ 0.30 $ 0.77 Diluted net income per common share $ 0.29 $ 0.75

Note 15 - Related Party Trans41

Note 15 - Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	2015 2014 Balance, beginning of year $ 462,832 $ 496,865 Additions 8,152 89,500 Payments (115,866 ) (123,533 ) Change in status 1,446,310 - Balance, end of year $ 1,801,428 $ 462,832

Note 16 - Fair Value Measurem42

Note 16 - Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	At December 31, 2015 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential mortgage-backed securities 2,552,623 - 2,552,623 - Commercial mortgage-backed securities 2,017,187 - 2,017,187 - Municipal bonds 242,574 - 242,574 - Total securities available for sale $ 4,812,384 $ - $ 4,812,384 $ - At December 31, 2014 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential mortgage-backed securities 9,599,232 - 9,599,232 - Municipal bonds 275,474 - 275,474 - Total securities available for sale $ 9,874,706 $ - $ 9,874,706 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	At December 31, 2015 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential owner occupied - first lien $ - $ - $ - $ - Residential owner occupied - junior lien - - - - Residential non-owner occupied (investor) 108,188 - - 108,188 Total impaired loans $ 108,188 $ - $ - $ 108,188 Foreclosed real estate $ 199,374 $ - $ - $ 199,374 At December 31, 2014 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Carrying Value Level 1 Level 2 Level 3 Residential owner occupied - first lien $ 469,610 $ - $ - $ 469,610 Residential owner occupied - junior lien 9,417 - - 9,417 Residential non-owner occupied (investor) 116,043 - - 116,043 Total impaired loans $ 595,070 $ - $ - $ 595,070 Foreclosed real estate $ 52,964 $ - $ - $ 52,964
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Impaired Loans Foreclosed Real Estate Balance, January 1, 2014 $ 1,049,038 $ 462,005 Total realized and unrealized gains (losses): Included in net income - (2,632 ) Settlements (749,397 ) (406,409 ) Transfers in and/or out of Level 3 295,429 - Balance, December 31, 2014 $ 595,070 $ 52,964 Total realized and unrealized gains (losses): Included in net income - - Settlements (253,803 ) - Transfers in and/or out of Level 3 (233,079 ) 146,410 Balance, December 31, 2015 $ 108,188 $ 199,374
Fair Value, by Balance Sheet Grouping [Table Text Block]	At December 31, 2015 Carrying Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Amount Fair Value Level 1 Level 2 Level 3 Financial instruments - assets: Certificates of deposit with depository institutions $ 2,450,248 $ 2,450,248 $ - $ 2,450,248 $ - Securities available for sale 4,812,384 4,812,384 - 4,812,384 - Securities held for sale 2,005,775 2,011,900 - 2,011,900 - Loans, net of allowance for loan losses 128,433,411 129,910,000 - - 129,910,000 Bank-owned life insurance 2,107,770 2,107,770 - 2,107,770 - Other equity securities 869,296 869,296 - - 869,296 Financial instruments - liabilities: Deposits $ 122,101,162 $ 121,806,000 $ - $ 121,806,000 $ - Federal Home Loan Bank advances 12,500,000 12,616,000 - 12,616,000 - Financial instruments - off-balance sheet $ - $ - $ - $ - $ - At December 31, 2014 Carrying Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Amount Fair Value Level 1 Level 2 Level 3 Financial instruments - assets: Certificates of deposit with depository institutions $ 3,102,936 $ 3,102,936 $ - $ 3,102,936 $ - Securities available for sale 9,874,706 9,874,706 - 9,874,706 - Securities held for sale 1,256,280 1,272,835 - 1,272,835 - Loans, net of allowance for loan losses 89,984,513 91,718,000 - - 91,718,000 Bank-owned life insurance 2,051,646 2,051,646 - 2,051,646 - Other equity securities 605,596 605,596 - - 605,596 Financial instruments - liabilities: Deposits $ 96,904,887 $ 96,864,887 $ - $ 96,864,887 $ - Federal Home Loan Bank advances 8,000,000 8,179,000 - 8,179,000 - Financial instruments - off-balance sheet $ - $ - $ - $ - $ -

Note 17 - Regulatory Matters 43

Note 17 - Regulatory Matters and Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	At December 31, 2015 Actual For Capital Adequacy Purposes To be well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total capital to risk-weighted assets $ 16,584,390 16.0 % $ 8,301,696 8.0 % $ 10,377,120 10.0 % Tier 1 capital to risk-weighted assets 15,683,390 15.1 % 6,226,272 6.0 % 8,301,696 8.0 % Common equity tier 1 capital to risk-weighted assets 15,683,390 15.1 % 4,669,704 4.5 % 6,745,128 6.5 % Tier 1 leverage to average assets 15,683,390 10.0 % 6,306,887 4.0 % 7,883,609 5.0 % Tangible capital to tangible assets 15,685,888 10.4 % N/A N/A N/A N/A At December 31, 2014 Actual For Capital Adequacy Purposes To be well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total capital to risk-weighted assets $ 11,049,639 14.8 % $ 5,968,618 8.0 % $ 7,460,773 10.0 % Tier 1 capital to risk-weighted assets 10,327,639 13.8 % 2,984,309 4.0 % 4,476,464 6.0 % Common equity tier 1 capital to risk-weighted assets N/A N/A N/A N/A N/A N/A Tier 1 leverage to average assets 10,327,639 9.2 % 4,515,721 4.0 % 5,644,651 5.0 % Tangible capital to tangible assets 10,337,815 8.9 % 1,738,590 1.5 % N/A N/A
Reconciliation of Consolidated Equity and Banks Regulatory Capital [Table Text Block]	At December 31, At December 31, 2015 2014 Consolidated GAAP equity $ 16,293,170 $ 10,750,497 Consolidated equity in excess of Bank equity (607,282 ) (412,682 ) Bank GAAP equity - Tangible capital 15,685,888 10,337,815 Less: Accumulated other comprehensive income, net of tax 2,498 10,176 Disallowed deferred tax assets - - Common equity tier 1 capital 15,683,390 10,327,639 Plus: Additional tier 1 capital - - Tier 1 capital 15,683,390 10,327,639 Plus: Allowance for loan losses (1.25% of risk-weighted assets) 901,000 722,000 Total risk-based capital $ 16,584,390 $ 11,049,639

Note 18 - Other Comprehensive44

Note 18 - Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) [Table Text Block]	Before Income Tax Income Tax Effect Net of Income Tax Year Ended December 31, 2015 Net unrealized loss on securities available-for-sale $ (8,107 ) $ (3,243 ) $ (4,864 ) Less: Reclassification adjustment for gains included in net income 4,690 1,876 2,814 Other comprehensive loss $ (12,797 ) $ (5,119 ) $ (7,678 ) Year Ended December 31, 2014 Net unrealized gain on securities available-for-sale $ 186,492 $ 74,598 $ 111,894 Less: Reclassification adjustment for gains included in net income 11,374 4,550 6,824 Other comprehensive income $ 175,118 $ 70,048 $ 105,070
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Securities Available For Sale Balance at January 1, 2014 $ (94,894 ) Other comprehensive loss before reclassifications 111,894 Amounts reclassified from accumulated other comprehensive income 6,824 Net other comprehensive loss 105,070 Balance at December 31, 2014 10,176 Other comprehensive income before reclassifications (4,864 ) Amounts reclassified from accumulated other comprehensive income 2,814 Net other comprehensive income (7,678 ) Balance at December 31, 2015 $ 2,498
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Affected Line Item in the Year Ended December 31, Statement Where 2015 2014 Net Income is Presented Realized gain on the sale of investment securities $ 4,690 $ 11,374 Gain on sale of securities Income tax effect 1,876 4,550 Income tax expense Total reclassifications $ 2,814 $ 6,824 Net income

Note 19 - Parent Company Only45

Note 19 - Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet [Table Text Block]	Condensed Balance Sheets December 31, December 31, 2015 2014 Assets: Cash and due from banks $ 300,591 $ 2,993,230 Loans 310,739 285,447 Other assets 105 - Investment in bank subsidiary 15,685,888 10,337,815 Total Assets $ 16,297,323 $ 13,616,492 Liabilities: Offering escrow $ - $ 2,859,974 Other liabilities 4,153 6,021 Total Liabilities 4,153 2,865,995 Stockholders' Equity: Preferred Stock (par value $0.01); authorized 1,000,000 shares; no shares issued and outstanding - - Common Stock (par value $0.01); authorized 9,000,000 shares; issued and outstanding 978,279 at December 31, 2015 and 488,409 at December 31, 2014 9,783 4,884 Additional paid-in capital 12,799,995 4,873,447 Unallocated ESOP shares (261,088 ) (285,447 ) Unearned RSP shares (144,599 ) (170,217 ) Retained earnings 3,886,581 6,317,654 Accumulated other comprehensive income 2,498 10,176 Total stockholders' equity 16,293,170 10,750,497 Total liabilities and stockholders' equity $ 16,297,323 $ 13,616,492
Condensed Income Statement [Table Text Block]	Condensed Statements of Operations For the Year Ending December 31, 2015 For the Year Ending December 31, 2014 Loans $ 10,528 $ 8,958 Dividends from bank subsidiary - - Total income 10,528 8,958 Non-interest expense - - Income before income tax expense 10,528 8,958 Income tax expense 4,153 3,534 Net income before equity in net income of bank subsidiary 6,375 5,424 Equity in net income of bank subsidiary 264,827 385,021 Net income $ 271,202 $ 390,445
Condensed Cash Flow Statement [Table Text Block]	Condensed Statements of Cash Flows For the Year Ending December 31, 2015 For the Year Ending December 31, 2014 Cash flows from operating activities: Net income $ 271,202 $ 390,445 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income of bank subsidiary (264,827 ) (385,021 ) (Increase) decrease in other assets (105 ) 519 (Decrease ) increase in other liabilities (1,868 ) 3,533 Net cash provided by operating activities 4,402 9,476 Cash flows from investing activities: Private placement offering collections (2,859,974 ) 2,859,974 ESOP loan principal collections 17,406 17,841 Increase in loans (49,651 ) - Investment in bank subsidiary (5,000,000 ) (1,800,000 ) Net cash (used in) provided by investing activities (7,892,219 ) 1,077,815 Cash flows from financing activities: Proceeds from issuance of common stock, net of costs 4,965,829 1,897,433 Proceeds from warrant exercise 371,187 63,536 Common stock repurchase (141,838 ) - Loan to purchase common stock for the ESOP - (119,969 ) Purchase of common stock for RSP - (59,984 ) Net cash provided by financing activities 5,195,178 1,781,016 Net (decrease) increase in cash and cash equivalents (2,692,639 ) 2,868,307 Cash and cash equivalents, beginning balance 2,993,230 124,923 Cash and cash equivalents, ending balance $ 300,591 $ 2,993,230

Note 1 - Summary of Significa46

Note 1 - Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Entity Incorporation, Date of Incorporation	Feb. 18, 2011
Number of Branches of Bank	3
Advertising Expense (in Dollars)	$ 35,834	$ 41,747
Equipment [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member] | Consumer Real Estate Loans [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Threshold Period Past Due for Write-off of Financing Receivable	180 years
Maximum [Member] | Building [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Maximum [Member] | Leasehold Improvements [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Minimum [Member] | Consumer Real Estate Loans [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Threshold Period Past Due for Write-off of Financing Receivable	90 years
Minimum [Member] | Building [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Minimum [Member] | Leasehold Improvements [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	5 years

Note 2 - Securities (Details)

Note 2 - Securities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Private Label Residential Mortgage-backed Securities	$ 0	$ 0
Deposit Liabilities, Collateral Issued, Financial Instruments	2,300,000	1,800,000
Proceeds from Sale and Maturity of Available-for-sale Securities	5,589,388	4,148,823
Gain (Loss) on Sale of Securities, Net	$ 4,690	$ 11,374

Note 2 - Securities (Details) -

Note 2 - Securities (Details) - Amortized Cost and Fair Value of Investments - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Securities available for sale:
Securities available for sale, amortized cost	$ 4,808,221	$ 9,857,746
Securities available for sale, gross unrealized gains	14,649	47,444
Securities available for sale, gross unrealized losses	10,486	30,484
Securities available for sale, estimated fair value	4,812,384	9,874,706
Securities held to maturity:
Securities held to maturity, amortized cost	2,005,775	1,256,280
Securities held to maturity, gross unrealized gains	9,720	16,555
Securities held to maturity, gross unrealized losses	3,595	0
Securities held to maturity, estimated fair value	2,011,900	1,272,835
Residential Mortgage Backed Securities [Member]
Securities available for sale:
Securities available for sale, amortized cost	2,549,295	9,582,443
Securities available for sale, gross unrealized gains	12,146	44,803
Securities available for sale, gross unrealized losses	8,818	28,014
Securities available for sale, estimated fair value	2,552,623	9,599,232
Commercial Mortgage Backed Securities [Member]
Securities available for sale:
Securities available for sale, amortized cost	2,017,187
Securities available for sale, estimated fair value	2,017,187
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale:
Securities available for sale, amortized cost	241,739	275,303
Securities available for sale, gross unrealized gains	2,503	2,641
Securities available for sale, gross unrealized losses	1,668	2,470
Securities available for sale, estimated fair value	242,574	275,474
Securities held to maturity:
Securities held to maturity, amortized cost	500,000	500,000
Securities held to maturity, gross unrealized gains	9,470	7,460
Securities held to maturity, gross unrealized losses	0	0
Securities held to maturity, estimated fair value	509,470	507,460
Corporate Debt Securities [Member]
Securities held to maturity:
Securities held to maturity, amortized cost	1,505,775	756,280
Securities held to maturity, gross unrealized gains	250	9,095
Securities held to maturity, gross unrealized losses	3,595	0
Securities held to maturity, estimated fair value	$ 1,502,430	$ 765,375

Note 2 - Securities (Details)49

Note 2 - Securities (Details) - Contractual Maturities of Investments - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Contractual Maturities of Investments [Abstract]
Securities available for sale, amortized cost - under 1 year	$ 0	$ 0
Securities available for sale, estimated fair value - under 1 year	0	0
Securities held to maturity, amortized cost - under 1 year	0	0
Securities held to maturity, estimated fair value - under 1 year	0	0
Securities available for sale, amortized cost - over 1 year through 5 years	378,316	319,751
Securities available for sale, estimated fair value - over 1 year through 5 years	379,770	321,553
Securities held to maturity, amortized cost - over 1 year through 5 years	0	0
Securities held to maturity, estimated fair value - over 1 year through 5 years	0	0
Securities available for sale, amortized cost - after 5 years through 10 years	3,822,110	1,592,829
Securities held to maturity, estimated fair value - after 5 years through 10 years	3,816,649	1,605,510
Securities held to maturity, amortized cost - after 5 years through 10 years	1,755,775	756,280
Securities held to maturity, estimated fair value - after 5 years through 10 years	1,756,777	765,375
Securities available for sale, amortized cost - over 10 years	607,795	7,945,166
Securities available for sale, estimated fair value - over 10 years	615,965	7,947,643
Securities held to maturity, amortized cost - over 10 years	250,000	500,000
Securities held to maturity, estimated fair value - over 10 years	255,123	507,460
Securities available for sale, amortized cost	4,808,221	9,857,746
Securities available for sale, estimated fair value	4,812,384	9,874,706
Securities held to maturity, amortized cost	2,005,775	1,256,280
Securities held to maturity, estimated fair value	$ 2,011,900	$ 1,272,835

Note 2 - Securities (Details)50

Note 2 - Securities (Details) - Securities with Gross Unrealized Losses - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Securities available for sale:
Securities available for sale, continual loss position, less than 12 months, estimated fair value	$ 1,801,533	$ 0
Securities available for sale, continual loss position, less than 12 months, gross unrealzed losses	8,818	0
Securities available for sale, continual loss position, 12 months or more, estimated fair value	78,916	2,750,768
Securities available for sale, continual loss position, 12 months or more, gross unrealized losses	1,668	30,484
Securities available for sale, continual loss position, estimated fair value	1,880,449	2,750,768
Securities available for sale, continual loss position, gross unrealized losses	10,486	30,484
Residential Mortgage Backed Securities [Member]
Securities available for sale:
Securities available for sale, continual loss position, less than 12 months, estimated fair value	1,801,533	0
Securities available for sale, continual loss position, less than 12 months, gross unrealzed losses	8,818	0
Securities available for sale, continual loss position, 12 months or more, estimated fair value	0	2,643,582
Securities available for sale, continual loss position, 12 months or more, gross unrealized losses	0	28,014
Securities available for sale, continual loss position, estimated fair value	1,801,533	2,643,582
Securities available for sale, continual loss position, gross unrealized losses	8,818	28,014
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale:
Securities available for sale, continual loss position, less than 12 months, estimated fair value	0	0
Securities available for sale, continual loss position, less than 12 months, gross unrealzed losses	0	0
Securities available for sale, continual loss position, 12 months or more, estimated fair value	78,916	107,186
Securities available for sale, continual loss position, 12 months or more, gross unrealized losses	1,668	2,470
Securities available for sale, continual loss position, estimated fair value	78,916	107,186
Securities available for sale, continual loss position, gross unrealized losses	1,668	$ 2,470
Corporate Debt Securities [Member]
Securities held to maturity:
Corporate	652,180
Corporate	3,595
Corporate	652,180
Corporate	$ 3,595

Note 3 - Loans (Details) - Summ

Note 3 - Loans (Details) - Summary of Loans - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 128,706,272	$ 90,539,415
Percentage of total loans	100.00%	100.00%
Net deferred fees, costs and purchase premiums	$ 628,139	$ 167,098
Allowance for loan losses	(901,000)	(722,000)
Total loans, net	128,433,411	89,984,513
Residential Owner Occupied - First Lien [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 44,890,154	$ 35,065,264
Percentage of total loans	34.90%	38.80%
Residential Owner Occupied - Junior Lien [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 4,988,405	$ 5,239,183
Percentage of total loans	3.90%	5.80%
Residential Non Owner Occupied (Investor) [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 15,849,835	$ 9,065,983
Percentage of total loans	12.30%	10.00%
Commercial Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 14,717,990	$ 11,226,313
Percentage of total loans	11.40%	12.40%
Other Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 47,883,818	$ 29,550,727
Percentage of total loans	37.20%	32.60%
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 376,070	$ 391,945
Percentage of total loans	0.30%	0.40%

Note 4 - Credit Quality of Lo52

Note 4 - Credit Quality of Loans and Allowance for Loan Losses (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Disclosure Text Block Supplement [Abstract]
Minimum Non Classified Commercial Loan Required for Annual Review	$ 50,000
Time Period to Be Consider for Restructured Loan to Become as Performing Loan	6 months

Note 4 - Credit Quality of Lo53

Note 4 - Credit Quality of Loans and Allowance for Loan Losses (Details) - Allowance for Loan Losses - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses:
Beginning balance	$ 722,000	$ 682,000
Ending Balance	901,000	722,000
Ending balance collectively evaluated for impairment	901,000	722,000
Charge-offs	19,748
Recoveries	35,113	24,636
Provision	163,635	15,364
Loans:
Ending balance	128,706,272	90,539,415
Ending balance individually evaluated for impairment	108,188	595,070
Ending balance collectively evaluated for impairment	128,598,084	89,944,345
Residential Owner Occupied - First Lien [Member]
Allowance for loan losses:
Beginning balance	228,461	244,288
Ending Balance	206,169	228,461
Ending balance collectively evaluated for impairment	206,169	228,461
Charge-offs	19,748
Recoveries	33,369	18,560
Provision	(35,913)	(34,387)
Loans:
Ending balance	44,890,154	35,065,264
Ending balance individually evaluated for impairment		469,610
Ending balance collectively evaluated for impairment	44,890,154	34,595,654
Residential Owner Occupied - Junior Lien [Member]
Allowance for loan losses:
Beginning balance	25,051	26,704
Ending Balance	21,450	25,051
Ending balance collectively evaluated for impairment	21,450	25,051
Provision	(3,601)	(1,653)
Loans:
Ending balance	4,988,405	5,239,183
Ending balance individually evaluated for impairment		9,417
Ending balance collectively evaluated for impairment	4,988,405	5,229,766
Residential Non Owner Occupied (Investor) [Member]
Allowance for loan losses:
Beginning balance	46,047	70,334
Ending Balance	69,898	46,047
Ending balance collectively evaluated for impairment	69,898	46,047
Recoveries	1,744	6,076
Provision	22,107	(30,363)
Loans:
Ending balance	15,849,835	9,065,983
Ending balance individually evaluated for impairment	108,188	116,043
Ending balance collectively evaluated for impairment	15,741,647	8,949,940
Commercial Owner Occupied [Member]
Allowance for loan losses:
Beginning balance	89,811	72,751
Ending Balance	117,744	89,811
Ending balance collectively evaluated for impairment	117,744	89,811
Provision	27,933	17,060
Loans:
Ending balance	14,717,990	11,226,313
Ending balance collectively evaluated for impairment	14,717,990	11,226,313
Other Commercial Loans [Member]
Allowance for loan losses:
Beginning balance	332,630	267,923
Ending Balance	485,739	332,630
Ending balance collectively evaluated for impairment	485,739	332,630
Provision	153,109	64,707
Loans:
Ending balance	47,883,818	29,550,727
Ending balance collectively evaluated for impairment	47,883,818	29,550,727
Consumer Portfolio Segment [Member]
Loans:
Ending balance	376,070	391,945
Ending balance collectively evaluated for impairment	$ 376,070	$ 391,945

Note 4 - Credit Quality of Lo54

Note 4 - Credit Quality of Loans and Allowance for Loan Losses (Details) - Loan Portfolio Quality Indicators - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	$ 128,706,272	$ 90,539,415
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	128,108,474	89,080,513
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	597,798	1,458,902
Residential Owner Occupied - First Lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	44,890,154	35,065,264
Residential Owner Occupied - First Lien [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	44,890,154	34,595,654
Residential Owner Occupied - First Lien [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment		469,610
Residential Owner Occupied - Junior Lien [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	4,988,405	5,239,183
Residential Owner Occupied - Junior Lien [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	4,988,405	5,229,766
Residential Owner Occupied - Junior Lien [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment		9,417
Residential Non Owner Occupied (Investor) [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	15,849,835	9,065,983
Residential Non Owner Occupied (Investor) [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	15,252,037	8,452,784
Residential Non Owner Occupied (Investor) [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	597,798	613,199
Commercial Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	14,717,990	11,226,313
Commercial Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	14,717,990	11,226,313
Other Commercial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	47,883,818	29,550,727
Other Commercial Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	47,883,818	29,184,051
Other Commercial Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment		366,676
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	376,070	391,945
Consumer Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financial Receivable Recorded Investment	$ 376,070	$ 391,945

Note 4 - Credit Quality of Lo55

Note 4 - Credit Quality of Loans and Allowance for Loan Losses (Details) - Delinquencies in the Loan Portfolio - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 126,957,789	$ 90,411,548
30-59 days past due	1,748,483	127,867
Total	128,706,272	90,539,415
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 days past due	1,502,753	127,867
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 days past due	245,730
Residential Owner Occupied - First Lien [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	44,522,124	34,937,397
30-59 days past due	368,030	127,867
Total	44,890,154	35,065,264
Residential Owner Occupied - First Lien [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 days past due	122,300	127,867
Residential Owner Occupied - First Lien [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 days past due	245,730
Residential Owner Occupied - Junior Lien [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	4,988,405	5,239,183
Total	4,988,405	5,239,183
Residential Non Owner Occupied (Investor) [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	15,731,641	9,065,983
30-59 days past due	118,194
Total	15,849,835	9,065,983
Residential Non Owner Occupied (Investor) [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 days past due	118,194
Commercial Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	14,717,990	11,226,313
Total	14,717,990	11,226,313
Other Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	46,621,559	29,550,727
30-59 days past due	1,262,259
Total	47,883,818	29,550,727
Other Commercial Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 days past due	1,262,259
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	376,070	391,945
Total	$ 376,070	$ 391,945

Note 4 - Credit Quality of Lo56

Note 4 - Credit Quality of Loans and Allowance for Loan Losses (Details) - Impaired Loans - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
With no related allowance recorded:
Recorded Investment, with no related allowance recorded	$ 108,188	$ 595,070
Unpaid Principal Balance, with no related allowance recorded	108,188	595,070
Total impaired loans:
Recorded Investment	108,188	595,070
Unpaid Principal Balance	108,188	595,070
With no related allowance recorded:
Average recorded investment, with no related allowance recorded	295,558	573,068
Interest income that would have been recognized, with no related allowance recorded	11,659	28,426
Interest income recognized (cash basis), with no related allowance recorded	20,237	13,790
Interest income foregone, with no related allowance recorded	(8,578)	14,636
With an allowance recorded:
Average recorded investment, with an allowance recorded	22,014
Interest income that would have been recognized, with an allowance recorded	2,943
Interest income recognized (cash basis), with an allowance recorded	1,856
Interest income foregone, with an allowance recorded	1,087
Total impaired loans:
Average recorded investment	317,572	573,068
Interest income that would have been recognized,	14,602	28,426
Interest income recognized (cash basis)	22,093	13,790
Interest income foregone	(7,491)	14,636
Residential Owner Occupied - First Lien [Member]
With no related allowance recorded:
Recorded Investment, with no related allowance recorded		469,610
Unpaid Principal Balance, with no related allowance recorded		469,610
Total impaired loans:
Recorded Investment		469,610
Unpaid Principal Balance		469,610
With no related allowance recorded:
Average recorded investment, with no related allowance recorded	181,768	296,725
Interest income that would have been recognized, with no related allowance recorded	11,561	23,091
Interest income recognized (cash basis), with no related allowance recorded	19,626	5,984
Interest income foregone, with no related allowance recorded	(8,065)	17,107
With an allowance recorded:
Average recorded investment, with an allowance recorded	22,014
Interest income that would have been recognized, with an allowance recorded	2,943
Interest income recognized (cash basis), with an allowance recorded	1,856
Interest income foregone, with an allowance recorded	1,087
Total impaired loans:
Average recorded investment	203,782	296,725
Interest income that would have been recognized,	14,504	23,091
Interest income recognized (cash basis)	21,482	5,984
Interest income foregone	(6,978)	17,107
Residential Owner Occupied - Junior Lien [Member]
With no related allowance recorded:
Recorded Investment, with no related allowance recorded		9,417
Unpaid Principal Balance, with no related allowance recorded		9,417
Total impaired loans:
Recorded Investment		9,417
Unpaid Principal Balance		9,417
With no related allowance recorded:
Average recorded investment, with no related allowance recorded	1,883	9,417
Interest income that would have been recognized, with no related allowance recorded	98	400
Interest income recognized (cash basis), with no related allowance recorded	611
Interest income foregone, with no related allowance recorded	(513)	400
Total impaired loans:
Average recorded investment	1,883	9,417
Interest income that would have been recognized,	98	400
Interest income recognized (cash basis)	611
Interest income foregone	(513)	400
Residential Non Owner Occupied (Investor) [Member]
With no related allowance recorded:
Recorded Investment, with no related allowance recorded	108,188	116,043
Unpaid Principal Balance, with no related allowance recorded	108,188	116,043
Total impaired loans:
Recorded Investment	108,188	116,043
Unpaid Principal Balance	108,188	116,043
With no related allowance recorded:
Average recorded investment, with no related allowance recorded	111,907	120,280
Total impaired loans:
Average recorded investment	$ 111,907	120,280
Other Commercial Loans [Member]
With no related allowance recorded:
Average recorded investment, with no related allowance recorded		146,646
Interest income that would have been recognized, with no related allowance recorded		4,935
Interest income recognized (cash basis), with no related allowance recorded		7,806
Interest income foregone, with no related allowance recorded		(2,871)
Total impaired loans:
Average recorded investment		146,646
Interest income that would have been recognized,		4,935
Interest income recognized (cash basis)		7,806
Interest income foregone		$ (2,871)

Note 4 - Credit Quality of Lo57

Note 4 - Credit Quality of Loans and Allowance for Loan Losses (Details) - Performing and Non-performing Impaired Loans - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Performing loans:
Impaired Loans Performing and Nonperforming loans	$ 108,188	$ 595,070
Performing Financial Instruments [Member]
Performing loans:
Impaired Loans Performing and Nonperforming loans	108,188	116,043
Performing Financial Instruments [Member] | Residential Owner Occupied - First Lien [Member]
Performing loans:
Impaired Loans Performing and Nonperforming loans	$ 108,188	116,043
Nonperforming Financial Instruments [Member]
Performing loans:
Impaired Loans Performing and Nonperforming loans		479,027
Nonperforming Financial Instruments [Member] | Residential Owner Occupied - First Lien [Member]
Performing loans:
Impaired Loans Performing and Nonperforming loans		469,610
Nonperforming Financial Instruments [Member] | Residential Owner Occupied - Junior Lien [Member]
Performing loans:
Impaired Loans Performing and Nonperforming loans		$ 9,417

Note 5 - Premises and Equipme58

Note 5 - Premises and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Lease Agreement Period	5 years
Period of Option to Terminate Lease	3 years
Notice Period to Terminate Lease	1 year
Operating Leases, Rent Expense, Net (in Dollars)	$ 89,234	$ 53,204

Note 5 - Premises and Equipme59

Note 5 - Premises and Equipment (Details) - Premises and Equipment - Summary of Premises and Equipment - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Gross premises and equipment	$ 2,320,270	$ 2,141,753
Accumulated depreciation	1,016,622	880,787
Net premises and equipment	1,303,648	1,260,966
Land [Member]
Property, Plant and Equipment [Line Items]
Gross premises and equipment	33,918	33,918
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Gross premises and equipment	1,478,561	1,413,746
Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Gross premises and equipment	$ 807,791	$ 694,089
Minimum [Member] | Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Useful life of premises and equipment	10 years
Minimum [Member] | Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Useful life of premises and equipment	3 years
Maximum [Member] | Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Useful life of premises and equipment	39 years
Maximum [Member] | Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Useful life of premises and equipment	10 years

Note 5 - Premises and Equipme60

Note 5 - Premises and Equipment (Details) - Rental Commitment Under Lease	Dec. 31, 2015USD ($)
Rental Commitment Under Lease [Abstract]
2,016	$ 136,781
2,017	144,364
2,018	151,995
2,019	153,675
2,020	87,211
Total rental commitment	$ 674,026

Note 6 - Foreclosed Assets (Det

Note 6 - Foreclosed Assets (Details) - Foreclosed Assets Activity - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Foreclosed Assets Activity [Abstract]
Beginning balance	$ 52,964	$ 462,005
Properties added during the year	146,410
Properties disposed during the year		(406,409)
Loss on sale of disposed properties		(2,632)
Ending balance	$ 199,374	$ 52,964

Note 7 - Deposits (Details)

Note 7 - Deposits (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Disclosure Text Block [Abstract]
Deposits, Certificates of Deposits, Brokered and Listing Service	$ 27,800,000	$ 4,900,000
Cash, FDIC Insured Amount	$ 250,000

Note 7 - Deposits (Details) - S

Note 7 - Deposits (Details) - Summary of Deposit Product Segment - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 122,101,162	$ 96,904,887
Percent of Total	100.00%	100.00%
Non Interest Bearing Checking [Member]
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 8,718,993	$ 9,744,047
Percent of Total	7.10%	10.10%
Interest-bearing Checking [[Member]
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 8,098,550	$ 5,148,677
Percent of Total	6.60%	5.30%
Savings [Member]
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 2,512,638	$ 2,286,801
Percent of Total	2.10%	2.40%
Premium Savings [Member]
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 20,619,758	$ 21,618,919
Percent of Total	16.90%	22.30%
IRA Savings [Member]
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 6,325,231	$ 7,304,321
Percent of Total	5.20%	7.50%
Money Market Funds [Member]
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 11,892,738	$ 10,587,572
Percent of Total	9.70%	10.90%
Certificates of Deposit [Member]
Note 7 - Deposits (Details) - Summary of Deposit Product Segment [Line Items]
Total Deposits	$ 63,933,254	$ 40,214,550
Percent of Total	52.40%	41.50%

Note 7 - Deposits (Details) -64

Note 7 - Deposits (Details) - Summary of Certificates of Deposit by Maturity Date Ranges - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Period to Maturity:
Less than or equal to one year	$ 36,634,331	$ 18,314,343
More than one to two years	13,245,022	6,043,772
More than two to three years	8,965,734	6,696,340
More than three to four years	1,798,769	7,280,817
More than four to five years	3,289,398	1,879,278
Total certificates of deposit	$ 63,933,254	$ 40,214,550

Note 8 - Borrowings (Details)

Note 8 - Borrowings (Details) - Federal Home Loan Bank of Atlanta [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 8 - Borrowings (Details) [Line Items]
Maximum Borrowing Limit to Aggregate Assets	20.00%
Maximum Borrowing Limited to Unpaid Principal Balance of Qualifying Residential Mortgage Loans	80.00%
Correspondent Banks [Member]
Note 8 - Borrowings (Details) [Line Items]
Line of Credit Facility, Current Borrowing Capacity	$ 10.5
Long-term Line of Credit	$ 0	$ 0

Note 8 - Borrowings (Details) -

Note 8 - Borrowings (Details) - Schedule of Federal Home Loan Bank Advances - Federal Home Loan Bank of Atlanta [Member] - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank Advances	$ 12,500,000	$ 8,000,000
Unused available line of credit	$ 14,735,000	3,280,000
Borrowing Amount 1 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank Advances, Maturity Date	Aug. 21, 2018
Federal Home Loan Bank Advances	$ 5,000,000	5,000,000
Federal Home Loan Bank Advances, Interest Rate	2.29%
Borrowing Amount 2 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank Advances, Maturity Date	Dec. 30, 2016
Federal Home Loan Bank Advances	$ 7,500,000
Federal Home Loan Bank Advances, Interest Rate	0.91%
Borrowing Amount 3 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank Advances, Maturity Date	Jun. 30, 2015
Federal Home Loan Bank Advances		1,500,000
Federal Home Loan Bank Advances, Interest Rate	0.29%
Borrowing Amount 4 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank Advances, Maturity Date	Mar. 31, 2015
Federal Home Loan Bank Advances		$ 1,500,000
Federal Home Loan Bank Advances, Interest Rate	0.21%

Note 8 - Borrowings (Details)67

Note 8 - Borrowings (Details) - Scheduled Maturities of FHLB Advances - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 8 - Borrowings (Details) - Scheduled Maturities of FHLB Advances [Line Items]
Total advances from FHLBA	$ 12,500,000	$ 8,000,000
Federal Home Loan Bank of Atlanta [Member]
Note 8 - Borrowings (Details) - Scheduled Maturities of FHLB Advances [Line Items]
2,016	7,500,000
2,017	0
2,018	5,000,000
2,019	0
2,020	0
Thereafter	0
Total advances from FHLBA	$ 12,500,000

Note 9 - Income Taxes (Details)

Note 9 - Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%	34.00%
Bad Debt Reserve forTax Purposes of Qualified Lender	$ 655,000	$ 655,000
Deferred Tax Assets, Valuation Allowance	0	$ 0
Liability for Uncertain Tax Positions, Current	$ 0

Note 9 - Income Taxes (Detail69

Note 9 - Income Taxes (Details) - Summary of Income Tax Expense - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Current income tax expense:
Federal	$ 167,620	$ 130,555
State	37,766	31,886
Total current income tax expense	205,386	162,441
Deferred income tax (benefit) expense:
Federal	(37,922)	58,109
State	(10,027)	15,365
Total deferred income tax (benefit) expense	(47,949)	73,474
Total income tax expense	$ 157,437	$ 235,915

Note 9 - Income Taxes (Detail70

Note 9 - Income Taxes (Details) - Summary of Reconciliation of the Statutory Income Tax Rate - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary of Reconciliation of the Statutory Income Tax Rate [Abstract]
Expected tax at federal statutory rate	$ 145,737	$ 212,962
Expected tax at federal statutory rate	34.00%	34.00%
State income tax, net of federal income tax benefit	$ 18,308	$ 31,179
State income tax, net of federal income tax benefit	4.27%	4.98%
Tax-exempt income	$ (25,373)	$ (20,155)
Tax-exempt income	(5.92%)	(3.22%)
Other	$ 18,765	$ 11,929
Other	4.38%	1.90%
Total income tax expense	$ 157,437	$ 235,915
Total income tax expense	36.73%	37.66%

Note 9 - Income Taxes (Detail71

Note 9 - Income Taxes (Details) - Summary of Components of the Net Deferred Tax Assets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 355,445	$ 284,829
Contribution carryforward		11,172
Other	8,738	22,451
Total deferred tax assets	364,183	318,452
Deferred tax liabilities:
Net deferred loan origination costs / fees	(53,319)	(64,658)
Depreciation on premises and equipment	(25,786)	(11,546)
Federal Home Loan Bank stock basis difference	(22,329)	(22,329)
Net unrealized gains on securities available for sale	(1,665)	(6,784)
Total deferred tax liabilities	(103,099)	(105,317)
Net deferred tax assets	$ 261,084	$ 213,135

Note 10 - Commitments, Contin72

Note 10 - Commitments, Contingent Liabilities, and Off-Balance Sheet Arrangements (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	$ 0	$ 0

Note 10 - Commitments, Contin73

Note 10 - Commitments, Contingent Liabilities, and Off-Balance Sheet Arrangements (Details) - Outstanding Loan Commitments and Lines of Credit - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Consumer loans	$ 10,396,061	$ 11,447,583
Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Consumer loans	4,893,242	5,256,250
Commitments Under Available Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Consumer loans	5,502,819	6,191,333
Consumer Loans [Member] | Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Consumer loans	642,250	450,000
Consumer Loans [Member] | Commitments Under Available Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Consumer loans	3,737,267	4,308,035
Commercial Loans [Member] | Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Consumer loans	4,250,992	4,806,250
Commercial Loans [Member] | Commitments Under Available Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Consumer loans	$ 1,765,552	$ 1,883,298

Note 11 - Defined Contributio74

Note 11 - Defined Contribution Benefit Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 11 - Defined Contribution Benefit Plan (Details) [Line Items]
Defined Contribution Plan Employer Matching Contribution Amount (in Dollars)	$ 59,932	$ 14,789
Maximum [Member]
Note 11 - Defined Contribution Benefit Plan (Details) [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	100.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	3.00%
Minimum [Member]
Note 11 - Defined Contribution Benefit Plan (Details) [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	50.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	2.00%

Note 12 - Employee Stock Owne75

Note 12 - Employee Stock Ownership Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 12 - Employee Stock Ownership Plan (Details) [Line Items]
Employee Stock Ownership Plan (ESOP), Shares in ESOP	34,878	34,878
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares	7,559	5,705
Employee Stock Ownership Plan ESOP Loan Interest Rate	3.25%
Percentage of Contribution in Employee Stock Ownership Plan Over Each Year	20.00%
Percentage of Employee Contribution in Employee Stock Ownership Plan	100.00%
Participation Period in Employee Stock Ownership Plan	5 years
Employee Stock Ownership Plan (ESOP), Compensation Expense (in Dollars)	$ 29,739	$ 25,055
Stock Dividend, Percentage	20.00%
Number of Shares ESOP Entitled to Acquire	7,498
Number of Shares With Warrants to Purchase by ESOP	3,749
Employee Stock Ownership Plan (ESOP), Shares Contributed to ESOP	8,998
Employee Stock Ownership Plan (ESOP), Weighted Average Purchase Price of Shares Purchased (in Dollars per share)	$ 12.56
Pre-stock Dividend [Member]
Note 12 - Employee Stock Ownership Plan (Details) [Line Items]
Employee Stock Ownership Plan ESOP Shares Contributed to ESOP Pre-stock Dividend	7,498

Note 12 - Employee Stock Owne76

Note 12 - Employee Stock Ownership Plan (Details) - Shares Held by the ESOP Trust - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Shares Held by the ESOP Trust [Abstract]
Allocated shares	7,559	5,705
Unallocated shares	27,319	29,173
Total ESOP shares	34,878	34,878
Fair value of unallocated shares (in Dollars)	$ 443,934	$ 413,287

Note 13. Share-Based Compensa77

Note 13. Share-Based Compensation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Note 13. Share-Based Compensation (Details) [Line Items]
Restricted Stock Cost Amortized Period	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0
Restricted Stock [Member]
Note 13. Share-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	12,508	10,649	12,940	0
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 145,000
Allocated Share-based Compensation Expense, Net of Tax	$ 46,434	$ 31,876
Restricted Stock [Member] | Plan [Member]
Note 13. Share-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	12,508
Employee Stock Option [Member]
Note 13. Share-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	43,134

Note 13. Share-Based C

Note 13. Share-Based Compensation (Details) - Summary of the Restricted Stock Award Activi - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 13. Share-Based Compensation (Details) - Summary of the Restricted Stock Award Activi [Line Items]
Non-vested	10,649	12,940	0
Non-vested	$ 13.60	$ 13.58	$ 0
Non-vested	12,508	10,649	12,940
Non-vested	$ 13.80	$ 13.60	$ 13.58
Granted	4,777	1,456	12,940
Granted	$ 14.11	$ 13.75	$ 13.58
Vested	(2,475)	(2,291)	0
Vested	$ 13.60	$ 13.58	$ 0
Forfeited	(443)	(1,456)	0
Forfeited	$ 13.58	$ 13.58	$ 0

Note 14 - Earnings Per Share (D

Note 14 - Earnings Per Share (Details) - Calculation of Net Income Per Common Share - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Calculation of Net Income Per Common Share [Abstract]
Net Income available to common shareholders (in Dollars)	$ 271,202	$ 390,445
Weighted average number of shares used in:
Basic number of shares	905,447	503,905
Adjustment for common share equivalents	19,211	14,159
Diluted number of shares	924,658	518,064
Basic net income per common share (in Dollars per share)	$ 0.30	$ 0.77
Diluted net income per common share (in Dollars per share)	$ 0.29	$ 0.75

Note 15 - Related Party Trans80

Note 15 - Related Party Transactions (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Principal Officers, Directors and Affiliates [Member]
Note 15 - Related Party Transactions (Details) [Line Items]
Related Party Deposit Liabilities	$ 4.9	$ 4.7

Note 15 - Related Party Trans81

Note 15 - Related Party Transactions (Details) - Summary of Activity for Related Party Loans - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary of Activity for Related Party Loans [Abstract]
Balance, beginning of year	$ 462,832	$ 496,865
Additions	8,152	89,500
Payments	(115,866)	(123,533)
Change in status	1,446,310
Balance, end of year	$ 1,801,428	$ 462,832

Note 16 - Fair Value Measurem82

Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	$ 4,812,384	$ 9,874,706
Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	4,812,384	9,874,706
Residential Mortgage Backed Securities [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	2,552,623	9,599,232
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	2,552,623	9,599,232
Commercial Mortgage Backed Securities [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	2,017,187
Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	2,017,187
Municipal Bonds1 [Member] | Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	242,574	275,474
Fair Value, Inputs, Level 2 [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	4,812,384	9,874,706
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	4,812,384	9,874,706
Fair Value, Inputs, Level 2 [Member] | Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	2,552,623	9,599,232
Fair Value, Inputs, Level 2 [Member] | Commercial Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	2,017,187
Fair Value, Inputs, Level 2 [Member] | Municipal Bonds1 [Member] | Fair Value, Measurements, Recurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Recurring Basis [Line Items]
Securities available for sale, estimated fair value	$ 242,574	$ 275,474

Note 16 - Fair Value Measurem83

Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans	$ 108,188	$ 595,070
Foreclosed assets at fair value	199,374	52,964
Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans	108,188	595,070
Residential Owner Occupied - First Lien [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans		469,610
Residential Owner Occupied - First Lien [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans		469,610
Residential Owner Occupied - Junior Lien [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans		9,417
Residential Owner Occupied - Junior Lien [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans		9,417
Residential Non Owner Occupied (Investor) [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans	108,188	116,043
Residential Non Owner Occupied (Investor) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans	108,188	116,043
Fair Value, Inputs, Level 3 [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Foreclosed assets at fair value	199,374	52,964
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans	108,188	595,070
Fair Value, Inputs, Level 3 [Member] | Residential Owner Occupied - First Lien [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans		469,610
Fair Value, Inputs, Level 3 [Member] | Residential Owner Occupied - Junior Lien [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans		9,417
Fair Value, Inputs, Level 3 [Member] | Residential Non Owner Occupied (Investor) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 16 - Fair Value Measurements (Details) - Summary of Financial Assets Measured at Fair Value on Non-recurring Basis [Line Items]
Nonperforming impaired loans	$ 108,188	$ 116,043

Note 16 - Fair Value Measurem84

Note 16 - Fair Value Measurements (Details) - Reconciliation of Beginning and Ending Balances for Level 3 Assets - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Impaired Loans [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	$ 595,070	$ 1,049,038
Total realized and unrealized gains (losses):
Included in net income	0	0
Settlements	(253,803)	(749,397)
Transfers in and/or out of Level 3	(233,079)	295,429
Balance	108,188	595,070
Foreclosed Real Estate [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	52,964	462,005
Total realized and unrealized gains (losses):
Included in net income	0	(2,632)
Settlements	0	(406,409)
Transfers in and/or out of Level 3	146,410	0
Balance	$ 199,374	$ 52,964

Note 16 - Fair Value Measurem85

Note 16 - Fair Value Measurements (Details) - Estimated Fair Values of Financial Instruments - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financial instruments - assets:
Certificates of deposit with depository institutions	$ 2,450,248	$ 3,102,936
Certificates of deposit with depository institutions at fair value	2,450,248	3,102,936
Securities available for sale	4,812,384	9,874,706
Securities available for sale, estimated fair value	4,812,384	9,874,706
Securities held for sale	2,005,775	1,256,280
Securities held for sale, estimated fair value	2,011,900	1,272,835
Loans, net of allowance for loan losses	128,433,411	89,984,513
Loans, net of allowance for loan losses at fair value	129,910,000	91,718,000
Bank-owned life insurance	2,107,770	2,051,646
Bank-owned life insurance at fair value	2,107,770	2,051,646
Other equity securities	869,296	605,596
Other equity securities at fair value	869,296	605,596
Financial instruments - liabilities:
Deposits	122,101,162	96,904,887
Deposits at fair value	121,806,000	96,864,887
Federal Home Loan Bank advances	12,500,000	8,000,000
Federal Home Loan Bank advances at fair value	12,616,000	8,179,000
Fair Value, Inputs, Level 2 [Member]
Financial instruments - assets:
Certificates of deposit with depository institutions at fair value	2,450,248	3,102,936
Securities available for sale	4,812,384	9,874,706
Securities available for sale, estimated fair value	4,812,384	9,874,706
Securities held for sale, estimated fair value	2,011,900	1,272,835
Bank-owned life insurance at fair value	2,107,770	2,051,646
Financial instruments - liabilities:
Deposits at fair value	121,806,000	96,864,887
Federal Home Loan Bank advances at fair value	12,616,000	8,179,000
Fair Value, Inputs, Level 3 [Member]
Financial instruments - assets:
Loans, net of allowance for loan losses at fair value	129,910,000	91,718,000
Other equity securities at fair value	$ 869,296	$ 605,596

Note 17 - Regulatory Matters 86

Note 17 - Regulatory Matters and Capital Requirements (Details)	12 Months Ended
	Dec. 31, 2015
Note 17 - Regulatory Matters and Capital Requirements (Details) [Line Items]
Dividends Paid from Surplus in Excess of Required Capital Stock	100.00%
Surplus Less than of Required Capital Stock	100.00%
Dividends Paid from Undivided Profits	100.00%
Loans and Advances Limit as Percentage of Capital	10.00%
Minimum [Member]
Note 17 - Regulatory Matters and Capital Requirements (Details) [Line Items]
Cash Dividend Limit as Percentage of Net Earnings	10.00%
Maximum [Member]
Note 17 - Regulatory Matters and Capital Requirements (Details) [Line Items]
Cash Dividend Limit as Percentage of Net Earnings	90.00%

Note 17 - Regulatory Matters 87

Note 17 - Regulatory Matters and Capital Requirements (Details) - Actual Capital Levels and Minimum Levels - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Actual Capital Levels and Minimum Levels [Abstract]
Total capital to risk-weighted assets- Actual	$ 16,584,390	$ 11,049,639
Total capital to risk-weighted assets- Actual Ratio	16.00%	14.80%
Total capital to risk-weighted assets-For Capital Adequacy amount	$ 8,301,696	$ 5,968,618
Total capital to risk-weighted assets-For Capital Adequacy Ratio	8.00%	8.00%
Total capital to risk-weighted assets-To be well capialized under prompt corrective action provisions	$ 10,377,120	$ 7,460,773
Total capital to risk-weighted assets-To be well capialized under prompt corrective action provisions ratio	10.00%	10.00%
Tier 1 capital to risk-weighted assets- Actual	$ 15,683,390	$ 10,327,639
Tier 1 capital to risk-weighted assets- Actual Ratio	15.10%	13.80%
Tier 1 capital to risk-weighted assets- For Capital Adequacy amount	$ 6,226,272	$ 2,984,309
Tier 1 capital to risk-weighted assets- For Capital Adequacy Ratio	6.00%	4.00%
Tier 1 capital to risk-weighted assets- To be well capialized under prompt corrective action provisions	$ 8,301,696	$ 4,476,464
Tier 1 capital to risk-weighted assets-To be well capialized under prompt corrective action provisions ratio	8.00%	6.00%
Common equity tier 1 capital to risk-weighted assets- Actual	$ 15,683,390
Common equity tier 1 capital to risk-weighted assets- Actual Ratio	15.10%
Common equity tier 1 capital to risk-weighted assets- For Capital Adequacy amount	$ 4,669,704
Common equity tier 1 capital to risk-weighted assets- For Capital Adequacy Ratio	4.50%
Common equity tier 1 capital to risk-weighted assets- To be well capialized under prompt corrective action provisions	$ 6,745,128
Common equity tier 1 capital to risk-weighted assets- To be well capialized under prompt corrective action provisions ratio	6.50%
Tier 1 leverage to average assets- Actual	$ 15,683,390	$ 10,327,639
Tier 1 leverage to average assets- Actual Ratio	10.00%	9.20%
Tier 1 leverage to average assets- For Capital Adequacy amount	$ 6,306,887	$ 4,515,721
Tier 1 leverage to average assets- For Capital Adequacy Ratio	4.00%	4.00%
Tier 1 leverage to average assets- To be well capialized under prompt corrective action provisions	$ 7,883,609	$ 5,644,651
Tier 1 leverage to average assets- To be well capialized under prompt corrective action provisions ratio	5.00%	5.00%
Tangible capital to tangible assets- Actual	$ 15,685,888	$ 10,337,815
Tangible capital to tangible assets- Actual Ratio	10.40%	8.90%
Tangible capital to tangible assets- For Capital Adequacy amount		$ 1,738,590
Tangible capital to tangible assets- For Capital Adequacy Ratio		1.50%
Tangible capital to tangible assets- To be well capialized under prompt corrective action provisions
Tangible capital to tangible assets- To be well capialized under prompt corrective action provisions ratio

Note 17 - Regulatory Matters 88

Note 17 - Regulatory Matters and Capital Requirements (Details) - Reconciliation of Company's Consolidated Equity - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of Company's Consolidated Equity [Abstract]
Consolidated GAAP equity	$ 16,293,170	$ 10,750,497	$ 8,415,698
Consolidated equity in excess of Bank equity	(607,282)	(412,682)
Bank GAAP equity - Tangible capital	15,685,888	10,337,815
Less:
Accumulated other comprehensive income, net of tax	2,498	10,176	$ (94,894)
Common equity tier 1 capital	15,683,390	10,327,639
Plus:
Tier 1 capital	15,683,390	10,327,639
Plus:
Allowance for loan losses (1.25% of risk-weighted assets)	901,000	722,000
Total risk-based capital	$ 16,584,390	$ 11,049,639

Note 17 - Regulatory Matters 89

Note 17 - Regulatory Matters and Capital Requirements (Details) - Reconciliation of Company's Consolidated Equity (Parentheticals)	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Company's Consolidated Equity [Abstract]
Percentage of risk-weighted assets	1.25%	1.25%

Note 18 - Other Comprehensive

Note 18 - Other Comprehensive Income (Details) - Schedule of Components of Other Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Components of Other Comprehensive Income [Abstract]
Net unrealized gain (loss) on securities available-for-sale	$ (8,107)	$ 186,492
Net unrealized on securities available-for-sale	(3,243)	74,598
Net unrealized on securities available-for-sale	(4,864)	111,894
Less: Reclassification adjustment for gains included in net income	4,690	11,374
Less: Reclassification adjustment for gains included in net income	1,876	4,550
Less: Reclassification adjustment for gains included in net income	2,814	6,824
Other comprehensive	(12,797)	175,118
Other comprehensive	(5,119)	70,048
Other comprehensive	$ (7,678)	$ 105,070

Note 18 - Other Comprehensiv91

Note 18 - Other Comprehensive Income (Details) - Schedule of Changes in Accumulated Comprehensive Income (Loss), Net of Tax - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Changes in Accumulated Comprehensive Income (Loss), Net of Tax [Abstract]
Balance at January 1, 2014	$ 10,176	$ (94,894)
Other comprehensive income (loss) before reclassifications	(4,864)	111,894
Amounts reclassified from accumulated other comprehensive income	2,814	6,824
Net other comprehensive	(7,678)	105,070
Balance at	$ 2,498	$ 10,176

Note 18 - Other Comprehensiv92

Note 18 - Other Comprehensive Income (Details) - Schedule of Amount Reclassified Out of Accumulated Other Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Realized gain on the sale of investment securities	$ 4,690	$ 11,374
Income tax effect	157,437	235,915
Total reclassifications	271,202	390,445
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Realized gain on the sale of investment securities	4,690	11,374
Income tax effect	1,876	4,550
Total reclassifications	$ 2,814	$ 6,824

Note 19 - Parent Company Only93

Note 19 - Parent Company Only Financial Statements (Details) - Schedule of Condensed Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets:
Cash and due from banks	$ 1,583,914	$ 1,181,951
Loans	128,433,411	89,984,513
Other assets	544,059	511,079
Total Assets	151,337,267	115,905,993
Liabilities:
Offering escrow	8,718,993	9,744,047
Other liabilities	442,935	250,609
Total Liabilities	$ 135,044,097	$ 105,155,496
Stockholders' Equity:
Preferred Stock (par value $0.01); authorized 1,000,000 shares; no shares issued and outstanding
Common Stock (par value $0.01); authorized 9,000,000 shares; issued and outstanding 978,279 at December 31, 2015 and 488,409 at December 31, 2014	$ 9,783	$ 4,884
Additional paid-in capital	12,799,995	4,873,447
Unallocated ESOP shares	(261,088)	(285,447)
Unearned RSP shares	(144,599)	(170,217)
Retained earnings	3,886,581	6,317,654
Accumulated other comprehensive income	2,498	10,176	$ (94,894)
Total stockholders' equity	16,293,170	10,750,497	$ 8,415,698
Total liabilities and stockholders' equity	151,337,267	115,905,993
Parent Company [Member]
Assets:
Cash and due from banks	300,591	2,993,230
Loans	310,739	285,447
Other assets	105
Investment in bank subsidiary	15,685,888	10,337,815
Total Assets	16,297,323	13,616,492
Liabilities:
Offering escrow		2,859,974
Other liabilities	4,153	6,021
Total Liabilities	4,153	2,865,995
Stockholders' Equity:
Preferred Stock (par value $0.01); authorized 1,000,000 shares; no shares issued and outstanding	0	0
Common Stock (par value $0.01); authorized 9,000,000 shares; issued and outstanding 978,279 at December 31, 2015 and 488,409 at December 31, 2014	9,783	4,884
Additional paid-in capital	12,799,995	4,873,447
Unallocated ESOP shares	(261,088)	(285,447)
Unearned RSP shares	(144,599)	(170,217)
Retained earnings	3,886,581	6,317,654
Accumulated other comprehensive income	2,498	10,176
Total stockholders' equity	16,293,170	10,750,497
Total liabilities and stockholders' equity	$ 16,297,323	$ 13,616,492

Note 19 - Parent Company Only94

Note 19 - Parent Company Only Financial Statements (Details) - Schedule of Condensed Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Condensed Balance Sheet Statements, Captions [Line Items]
Preferred stock par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, authorized	9,000,000	9,000,000
Common stock, issued	978,279	488,409
Common stock, outstanding	978,279	488,409
Parent Company [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Preferred stock par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, authorized	9,000,000	9,000,000
Common stock, issued	978,279	488,409
Common stock, outstanding	978,279	488,409

Note 19 - Parent Company Only95

Note 19 - Parent Company Only Financial Statements (Details) - Schedule of Condensed Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Condensed Income Statements, Captions [Line Items]
Loans	$ 5,001,499	$ 4,215,923
Total income	5,241,203	4,482,207
Non-interest expense	4,168,550	3,383,064
Income before income tax expense	428,639	626,360
Income tax expense	157,437	235,915
Net income	271,202	390,445
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Loans	10,528	8,958
Dividends from bank subsidiary	0	0
Total income	10,528	8,958
Non-interest expense	0	0
Income before income tax expense	10,528	8,958
Income tax expense	4,153	3,534
Net income before equity in net income of bank subsidiary	6,375	5,424
Equity in net income of bank subsidiary	264,827	385,021
Net income	$ 271,202	$ 390,445

Note 19 - Parent Company Only96

Note 19 - Parent Company Only Financial Statements (Details) - Schedule of Condensed Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 271,202	$ 390,445
Adjustments to reconcile net income to net cash provided by operating activities:
(Increase) decrease in other assets	14,969	170,531
(Decrease ) increase in other liabilities	192,324	82,882
Net cash provided by operating activities	859,046	1,085,578
Cash flows from investing activities:
Increase in loans	38,830,838	6,583,823
Net cash (used in) provided by investing activities	(34,452,125)	(6,762,100)
Cash flows from financing activities:
Proceeds from warrant exercise	371,188	63,536
Common stock repurchase	141,838
Loan to purchase common stock for the ESOP		(119,968)
Net cash provided by financing activities	34,891,455	7,556,599
Net (decrease) increase in cash and cash equivalents	1,298,376	1,880,077
Cash and cash equivalents, beginning balance	6,909,391
Cash and cash equivalents, ending balance	8,207,767	6,909,391
Parent Company [Member]
Cash flows from operating activities:
Net income	271,202	390,445
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed income of bank subsidiary	(264,827)	(385,021)
(Increase) decrease in other assets	(105)	519
(Decrease ) increase in other liabilities	(1,868)	3,533
Net cash provided by operating activities	4,402	9,476
Cash flows from investing activities:
Private placement offering collections	(2,859,974)	2,859,974
ESOP loan principal collections	17,406	17,841
Increase in loans	(49,651)
Investment in bank subsidiary	(5,000,000)	(1,800,000)
Net cash (used in) provided by investing activities	(7,892,219)	1,077,815
Cash flows from financing activities:
Proceeds from issuance of common stock, net of costs	4,965,829	1,897,433
Proceeds from warrant exercise	371,187	63,536
Common stock repurchase	(141,838)
Loan to purchase common stock for the ESOP		(119,969)
Purchase of common stock for RSP		(59,984)
Net cash provided by financing activities	5,195,178	1,781,016
Net (decrease) increase in cash and cash equivalents	(2,692,639)	2,868,307
Cash and cash equivalents, beginning balance	2,993,230	124,923
Cash and cash equivalents, ending balance	$ 300,591	$ 2,993,230