Edgewater Bancorp (EGDW) 10-K 29 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 28, 2016	Jun. 30, 2015
Document and Entity Information
Entity Registrant Name	Edgewater Bancorp, Inc.
Entity Central Index Key	1,584,770
Trading Symbol	egdw
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding		667,898
Entity Public Float			$ 7,513,853
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 877,780	$ 763,968
Interest-earning demand accounts	10,029,113	12,680,629
Cash and cash equivalents	10,906,893	13,444,597
Available-for-sale securities	11,713,738	12,718,065
Loans held for sale		48,300
Loans receivable, net of allowance for losses of $1,075,374 and $1,075,351, respectively	106,955,455	89,479,525
Premises and equipment, net	3,606,170	3,912,291
Federal Home Loan Bank (FHLB) stock	686,200	1,078,900
Other real estate, net	262,100	467,000
Interest receivable	314,174	302,777
Mortgage servicing right	408,715	432,105
Other assets	521,943	460,562
Total assets	135,375,388	122,344,122
Deposits
Noninterest bearing	13,940,853	11,730,674
Interest-bearing	99,390,003	86,762,438
Total deposits	113,330,856	98,493,112
Federal Home Loan Bank advances	8,000,000	10,000,000
Accrued and other liabilities	672,470	547,550
Total liabilities	$ 122,003,326	$ 109,040,662
Commitments and Contingencies
Temporary Equity
ESOP shares subject to mandatory redemption	$ 46,197	$ 22,193
Stockholders' Equity
Preferred Stock-shares authorized 5,000,000: none issued or outstanding at $.01 par value
Common Stock-shares authorized 50,000,000: shares issued and outstanding 667,898 at $.01 par value	$ 6,679	$ 6,679
Paid-in-capital	4,683,434	4,683,434
Retained earnings	8,650,052	8,607,914
Accumulated other comprehensive loss	(14,300)	(16,760)
Total equity	13,325,865	13,281,267
Total liabilities and stockholders' equity	$ 135,375,388	$ 122,344,122

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Consolidated Balance Sheets
Loans, allowance for losses	$ 1,075,374	$ 1,075,351
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	667,898	667,898
Common stock, shares outstanding	667,898	667,898
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest Income
Loans, including fees	$ 4,578,300	$ 3,869,586
Debt securities
Taxable	117,293	146,015
Tax-exempt	44,689	48,688
Federal Home Loan Bank stock	36,735	59,019
Other	18,720	17,231
Total interest income	4,795,737	4,140,539
Interest Expense
Deposits	410,222	386,137
Federal Home Loan Bank advances	125,664	106,463
Total interest expense	535,886	492,600
Net Interest Income	4,259,851	3,647,939
Provision for loan losses	65,000
Net Interest Income After Provision for Loan Losses	4,194,851	3,647,939
Noninterest Income
Service charges, deposits	376,218	382,506
Mortgage banking activities	451,036	253,258
Other	117,181	120,680
Total noninterest income	944,435	756,444
Noninterest Expense
Salaries and employee benefits	2,641,966	2,523,934
Occupancy and equipment	776,886	827,111
Data processing	553,075	526,768
(Gain) loss on sale of other real estate	5,167	(2,266)
Interchange	95,221	79,571
Advertising	73,332	90,520
FDIC insurance premiums	106,764	151,301
Other real estate	27,311	82,223
Professional fees	491,195	576,232
Insurance	59,355	76,371
Other	266,876	288,891
Total noninterest expense	5,097,148	5,220,656
Income (Loss) Before Income Taxes	$ 42,138	$ (816,273)
Provision for Income Taxes
Net Income (Loss)	$ 42,138	$ (816,273)
Basic and Diluted Income (Loss) Per Share (in dollars per share)	$ 0.07	$ (1.38)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Consolidated Statements of Comprehensive Loss
Net Income (Loss)	$ 42,138	$ (816,273)
Other Comprehensive Income
Net change in unrealized gains on investment securities available for sale	$ 2,460	$ 118,496
Less: reclassification adjustment for realized gains (losses) included in net income (loss)
Other comprehensive income before income tax	$ 2,460	$ 118,496
Tax expense (benefit), net of deferred tax asset valuation impact of ($836) and ($40,289), respectively
Comprehensive Income (Loss)	$ 44,598	$ (697,777)

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Consolidated Statements of Comprehensive Loss
Tax benefit, deferred tax asset valuation impact	$ (836)	$ (40,289)

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($)	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total
Balance at Dec. 31, 2013			$ 9,424,187	$ (135,256)	$ 9,288,931
Balance (in shares) at Dec. 31, 2013
Increase (Decrease) in Equity
Issuance of common stock, net of offering costs	$ 6,679	$ 4,683,434			4,690,113
Issuance of common stock, net of offering costs (in shares)	667,898
Net Income (Loss)			(816,273)		(816,273)
Other comprehensive income (loss)				118,496	118,496
Balance at Dec. 31, 2014	$ 6,679	4,683,434	8,607,914	(16,760)	$ 13,281,267
Balance (in shares) at Dec. 31, 2014	667,898				667,898
Increase (Decrease) in Equity
Net Income (Loss)			42,138		$ 42,138
Other comprehensive income (loss)				2,460	2,460
Balance at Dec. 31, 2015	$ 6,679	$ 4,683,434	$ 8,650,052	$ (14,300)	$ 13,325,865
Balance (in shares) at Dec. 31, 2015	667,898				667,898

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating Activities
Net income (loss)	$ 42,138	$ (816,273)
Items not requiring (providing) cash
Depreciation and amortization	430,079	466,839
Provision for loan losses	65,000
Net amortization of available-for-sale securities	97,367	116,047
ESOP shares earned	24,004	22,193
Change in fair value of mortgage servicing rights	31,017	33,978
(Gain) loss on sale of other real estate	5,167	(2,266)
Amortization of mortgage servicing rights	123,011	106,819
Loans originated for sale	(14,701,610)	(6,887,612)
Proceeds from loans sold	14,898,145	6,921,030
Gain on sale of loans	(278,873)	(141,450)
(Gain) loss on sale of premises and equipment	(6,424)	18,631
Change in
Interest receivable and other assets	(72,779)	37,639
Interest payable and other liabilities	124,920	(142,906)
Net cash provided by (used in) operating activities	781,162	(267,331)
Investing Activities
Purchases of available-for-sale securities	(999,000)
Proceeds from calls and maturities of available-for-sale securities	1,908,420	2,877,924
Proceeds sale of FHLB Stock	392,700	329,300
Net change in loans	(17,639,930)	(3,774,831)
Proceeds from sale of other real estate	298,733	1,091,406
Payment for sale of branch, net		(13,327,513)
Proceeds from sale of premises and equipment	47,035	220,823
Purchases of premises and equipment	(164,569)	(144,894)
Net cash used in investing activities	(16,156,611)	(12,727,785)
Financing Activities
Net change in deposits	14,837,745	3,749,599
Proceeds from stock conversion escrow		2,368,038
Proceeds from short term Federal Home Loan Bank advances	11,100,000	3,000,000
Proceeds from long term Federal Home Loan Bank advances		8,000,000
Repayment of short term Federal Home Loan Bank advances	(13,100,000)	(1,000,000)
Net cash provided by financing activities	12,837,745	16,117,637
Net Change in Cash and Cash Equivalents	(2,537,704)	3,122,521
Cash and Cash Equivalents, Beginning of Year	13,444,597	10,322,076
Cash and Cash Equivalents, End of Period	10,906,893	13,444,597
Additional Cash Flows Information:
Interest paid	536,005	487,376
Loans transferred to other real estate	99,000	387,344
Capitalization of mortgage serving rights	$ 130,638	$ 59,732

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	Note 1: Nature of Operations and Summary of Significant Accounting Policies Nature of Operations and Conversion Edgewater Bank, a federally chartered stock savings association (the “Bank”) is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in the Berrien, Van Buren and to a lesser extent Cass Counties, Michigan. The Bank is subject to competition from other financial institutions. The Bank is subject to the regulation of the certain federal and state agencies and undergoes periodic examinations by those regulatory authorities. The Banks’s wholly-owned subsidiaries, Explorer Financial Service Corporation (EFSC) and Edgewater Insurance Agency, Inc. (EIA) are included in the consolidated financial statements. EFSC is primarily engaged in providing title insurance services and EIA is used to collect premiums and receive commissions for insurance related benefits the Bank offers its employees. On January 16, 2014, in accordance with a Plan of Conversion and Reorganization, the Bank completed a mutual-to-stock conversion pursuant to which the Bank became the wholly owned subsidiary of Edgewater Bancorp, Inc. (the “Company”), a Maryland stock holding corporation. In connection with the Conversion, the Company sold 667,898 shares of common stock, at an offering price of  $10 per share. The Company’s stock began being quoted on the OTC Bulletin Board on January 17, 2014 under the symbol “EGDW,” and is currently quoted on the OTCQB operated by OTC Markets Group, Inc. under the symbol “EGDW.” The net proceeds from the stock offering, net of offering costs of approximately $1,455,000, amounted to approximately $4,690,000. Also, in connection with the Conversion, the Bank established an employee stock ownership plan (the “ESOP”), which purchased 53,431 shares of the Company’s common stock at a price of  $10 per share. In accordance with the OCC regulations, at the time of the Conversion of the mutual bank to a stock holding company, the Company was required to substantially restrict retained earnings by establishing a liquidation account and the Bank established a parallel liquidation account. The liquidations account will be maintained for the benefit of eligible holders who continue to maintain their accounts at the Bank after conversion. The liquidation account will be reduced annually to the extent that eligible account holders have reduced their qualifying deposits. Subsequent increases will not restore an eligible account holders’ 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. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and fair values of financial instruments. Cash and Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. At December 31, 2015 and 2014, the Company had no cash equivalents. At December 31, 2015, none of the Company’s cash accounts at nonfederal government or governmental related entities exceeded federally insured limits, which is $250,000 per covered institution. Securities Certain debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. Securities not classified as held to maturity, including equity securities with readily determinable fair values, are classified as “available-for-sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. For debt securities with fair value below amortized cost when the Company does not intend to sell a debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, it recognizes the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. For held-to-maturity debt securities, the amount of an other-than-temporary impairment recorded in other comprehensive income for the noncredit portion of a previous other-than-temporary impairment is amortized prospectively over the remaining life of the security on the basis of the timing of future estimated cash flows of the security. Federal Home Loan Bank Stock Federal Home Loan Bank stock is a required investment for institutions that are members of the Federal Home Loan Bank system. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment. Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to noninterest income. Gains and losses on loan sales are recorded in noninterest income, and direct loan origination costs and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, any unamortized deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past-due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. There were no changed in the Company’s nonaccrual policy during the years ended December 31, 2015 and 2014. All interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is applied to the principal balance until the loan can be returned to an accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. For all loan portfolio segments, the Company promptly charges off loans, or portions thereof, when available information confirms that specific loans are uncollectible based on information that includes, but is not limited to, (1) the deteriorating financial condition of the borrower, (2) declining collateral values, and/or (3) legal action, including bankruptcy, that impairs the borrower’s ability to adequately meet its obligations. For impaired loans that are considered to be solely collateral dependent, a partial charge-off is recorded when a loss has been confirmed by an updated appraisal or other appropriate valuation of the collateral. When cash payments are received on impaired loans in each loan class, the Company records the payment as interest income unless collection of the remaining recorded principal amount is doubtful, at which time payments are used to reduce the principal balance of the loan. Troubled debt restructured loans recognize interest income on an accrual basis at the renegotiated rate if the loan is in compliance with the modified terms. Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers nonclassified loans and is based on historical charge-off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company 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 commercial and construction loans by either the present value of expected future 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. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer and residential loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. In the course of working with borrowers, the Company may choose to restructure the contractual terms of certain loans. In restructuring the loan, the Company attempts to work out an alternative payment schedule with the borrower in order to optimize collectability of the loan. A troubled debt restructuring (TDR) occurs when, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession to the borrower that it would not otherwise consider. Terms may be modified to fit the ability of the borrower to repay in line with its current financial status, and the restructuring of the loan may include the transfer of assets from the borrower to satisfy the debt, a modification of loan terms, or a combination of the two. Nonaccrual loans, including TDRs that have not met the six month minimum performance criterion, are reported in this report as non-performing loans. For all loan classes, it is the Company’s policy to have any restructured loans which are on nonaccrual status prior to being restructured remain on nonaccrual status until six months of satisfactory borrower performance, at which time management would consider its return to accrual status. A loan is generally classified as nonaccrual when the Company believes that receipt of principal and interest is questionable under the terms of the loan agreement. Most generally, this is at 90 or more days past due. With regard to determination of the amount of the allowance for credit losses, restructured loans are considered to be impaired. As a result, the determination of the amount of impaired loans for each portfolio segment within troubled debt restructurings is the same as detailed previously above. Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets. The estimated useful lives for premises and equipment are as follows: ​ Buildings ​ ​ 39 years ​ ​ Building and land improvements ​ ​ 10 years ​ ​ Furniture, fixtures and equipment ​ ​ 3 – 7 years ​ Other Real Estate, Net Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net income or expense from other real estate. Mortgage Servicing Rights Mortgage servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance (ASC 860-50), servicing rights resulting from the sale or securitization of loans originated by the Company are initially measured at fair value at the date of transfer. The Company subsequently measures each class of servicing asset using either the fair value or the amortization method. Under the fair value method, which is used for mortgage servicing rights originated prior to 2011, the servicing rights are carried in the balance sheet at fair value and the changes in fair value are reported in earnings in the period in which the changes occur. Beginning in 2011, servicing rights derived from the sale of originated mortgage loans are measured using the amortization method. Under the amortization method, servicing rights are amortized in proportion to and over the period of estimated net servicing income. The amortized assets are assessed for impairment or increased obligation based on fair value at each reporting date. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may have an adverse impact on the value of the mortgage servicing right and may result in a reduction to noninterest income. Each class of separately recognized servicing assets subsequently measured using the amortization method are evaluated and measured for impairment. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the carrying amount of the servicing assets for that tranche. The valuation allowance is adjusted to reflect changes in the measurement of impairment after the initial measurement of impairment. Changes in valuation allowances, if any, are reported with mortgage banking activities on the statements of operations. Fair value in excess of the carrying amount of servicing assets for that stratum is not recognized. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights and servicing fee income are included with mortgage banking activities on the statements of operations. Off-Balance Sheet Instruments In the ordinary course of business, the Company has entered into commitments under commercial letters of credit and standby letters of credit. Such financial instruments are recorded when they are funded. Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company — put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets. Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740, Income Taxes Tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50%; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and information available at the reporting date and is subject to management’s judgment. With a few exceptions, the Company is no longer subject to U.S. federal, state and local or non-U.S. income tax examinations by tax authorities for years before 2012. The Company recognizes interest and penalties, if any, on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiary. Comprehensive Income (Loss) Comprehensive income (loss) consists of net other comprehensive income, net of applicable loss taxes. Other comprehensive income includes unrealized appreciation on available-for-sale securities.

Restriction on Cash and Due Fro

Restriction on Cash and Due From Banks	12 Months Ended
	Dec. 31, 2015
Restriction on Cash and Due From Banks
Restriction on Cash and Due From Banks	Note 2: Restriction on Cash and Due From Banks The Company is required to maintain reserve funds in cash and/or on deposit with the Federal Reserve Bank. The reserve required was $757,000 and $486,000 at December 31, 2015 and 2014, respectively.

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Securities
Securities	Note 3: Securities The amortized cost and approximate fair values, together with gross unrealized gains and losses, of securities are as follows: ​ ​ ​ 2015 ​ ​ ​ ​ Amortized ​ ​ Gross ​ ​ Gross ​ ​ Fair Value ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 5,952,239 ​ ​ ​ ​ $ 925 ​ ​ ​ ​ $ 28,222 ​ ​ ​ ​ $ 5,924,942 ​ ​ State and political subdivisions ​ ​ ​ ​ 2,555,544 ​ ​ ​ ​ ​ 8,357 ​ ​ ​ ​ ​ 5,015 ​ ​ ​ ​ ​ 2,558,886 ​ ​ Mortgage-backed – Government-Sponsored Enterprise (GSE)-residential ​ ​ ​ ​ 2,566,762 ​ ​ ​ ​ ​ 14,222 ​ ​ ​ ​ ​ 10,728 ​ ​ ​ ​ ​ 2,570,256 ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 653,493 ​ ​ ​ ​ ​ 6,161 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 659,654 ​ ​ Total available-for-sale securities ​ ​ ​ $ 11,728,038 ​ ​ ​ ​ $ 29,665 ​ ​ ​ ​ $ 43,965 ​ ​ ​ ​ $ 11,713,738 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Amortized ​ ​ Gross ​ ​ Gross ​ ​ Fair ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 5,002,617 ​ ​ ​ ​ $ 3,230 ​ ​ ​ ​ $ 66,017 ​ ​ ​ ​ $ 4,939,830 ​ ​ State and political subdivisions ​ ​ ​ ​ 3,354,828 ​ ​ ​ ​ ​ 20,436 ​ ​ ​ ​ ​ 14,179 ​ ​ ​ ​ ​ 3,361,085 ​ ​ Mortgage-backed – Government-Sponsored Enterprise (GSE)-residential ​ ​ ​ ​ 3,357,163 ​ ​ ​ ​ ​ 32,790 ​ ​ ​ ​ ​ 5,951 ​ ​ ​ ​ ​ 3,384,002 ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 1,020,217 ​ ​ ​ ​ ​ 12,931 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,033,148 ​ ​ Total available-for-sale securities ​ ​ ​ $ 12,734,825 ​ ​ ​ ​ $ 69,387 ​ ​ ​ ​ $ 86,147 ​ ​ ​ ​ $ 12,718,065 ​ ​ ​ The amortized cost and fair value of available-for-sale securities at December 31, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. ​ ​ ​ December 31, 2015 ​ ​ ​ ​ Amortized ​ ​ Fair ​ Within one year ​ ​ ​ $ 1,000,596 ​ ​ ​ ​ $ 1,004,319 ​ ​ After one through five years ​ ​ ​ ​ 7,507,187 ​ ​ ​ ​ ​ 7,479,509 ​ ​ ​ ​ ​ ​ ​ 8,507,783 ​ ​ ​ ​ ​ 8,483,828 ​ ​ Mortgage-backed – GSE residential ​ ​ ​ ​ 2,566,762 ​ ​ ​ ​ ​ 2,570,256 ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 653,493 ​ ​ ​ ​ ​ 659,654 ​ ​ ​ ​ ​ ​ $ 11,728,038 ​ ​ ​ ​ $ 11,713,738 ​ ​ ​ The carrying value of securities pledged as collateral, to secure public deposits and for other purposes, was $246,401 and $345,931 at December 31, 2015 and 2014, respectively. For the years ended December 31, 2015 and December 31 2014, there were no sales of securities available-for-sale. Certain investments in debt securities are reported in the consolidated financial statements at an amount less than their historical cost. Total fair value of these investments at December 31, 2015 and 2014, was $6,612,243 and $6,066,781, which is approximately 56% and 48%, respectively, of the Company’s available-for-sale investment portfolio. These declines primarily resulted from recent increases in market interest rates since the securities were purchased. Management believes the declines in fair value for these securities are temporary. The following table shows the Company’s investments’ gross unrealized losses and fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment class and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2015 and 2014: ​ ​ ​ 2015 ​ ​ ​ ​ Less than 12 Months ​ ​ 12 Months or Longer ​ ​ Total ​ ​ ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ U.S. Government and federal ​ ​ ​ $ 3,524,074 ​ ​ ​ ​ $ 19,656 ​ ​ ​ ​ $ 990,379 ​ ​ ​ ​ $ 8,566 ​ ​ ​ ​ $ 4,514,453 ​ ​ ​ ​ $ 28,222 ​ ​ State and political subdivisions ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 494,985 ​ ​ ​ ​ ​ 5,015 ​ ​ ​ ​ ​ 494,985 ​ ​ ​ ​ ​ 5,015 ​ ​ Mortgage-backed – GSE residential residential ​ ​ ​ ​ 1,602,805 ​ ​ ​ ​ ​ 10,728 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,602,805 ​ ​ ​ ​ ​ 10,728 ​ ​ ​ ​ ​ ​ $ 5,126,879 ​ ​ ​ ​ $ 30,384 ​ ​ ​ ​ $ 1,485,364 ​ ​ ​ ​ $ 13,581 ​ ​ ​ ​ $ 6,612,243 ​ ​ ​ ​ $ 43,965 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Less than 12 Months ​ ​ 12 Months or Longer ​ ​ Total ​ ​ ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ U.S. Government and federal ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 3,492,139 ​ ​ ​ ​ $ 66,017 ​ ​ ​ ​ $ 3,492,139 ​ ​ ​ ​ $ 66,017 ​ ​ State and political subdivisions ​ ​ ​ ​ 804,572 ​ ​ ​ ​ ​ 2,604 ​ ​ ​ ​ ​ 488,425 ​ ​ ​ ​ ​ 11,575 ​ ​ ​ ​ ​ 1,292,997 ​ ​ ​ ​ ​ 14,179 ​ ​ Mortgage-backed – GSE-residential ​ ​ ​ ​ ​ ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 1,281,645 ​ ​ ​ ​ ​ 5,951 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,281,645 ​ ​ ​ ​ ​ 5,951 ​ ​ ​ ​ ​ ​ $ 2,086,217 ​ ​ ​ ​ $ 8,555 ​ ​ ​ ​ $ 3,980,564 ​ ​ ​ ​ $ 77,592 ​ ​ ​ ​ $ 6,066,781 ​ ​ ​ ​ $ 86,147 ​ ​ ​ The unrealized losses on the Company’s investments in direct obligations of U.S. Government and federal agencies, state and political subdivisions and mortgage-backed GSE residential securities. were caused by interest rate changes. The contractual terms of those investments do not permit the issuer to settle the securities at a price less than the amortized cost basis of the investments. Because the Company does not intend to sell the investments and it is not more likely than not the Company will be required to sell the investments before recovery of their amortized cost bases, which may be maturity, the Company does not consider those investments to be other-than-temporarily impaired at December 31, 2015.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 4: Loans and Allowance for Loan Losses Classes of loans at December 31, 2015 and 2014, include: ​ ​ ​ 2015 ​ ​ 2014 ​ Real estate loans: ​ ​ ​ Residential 1 – 4 family ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $ 45,353,599 ​ ​ Commercial Real Estate ​ ​ ​ ​ 32,374,013 ​ ​ ​ ​ ​ 27,908,662 ​ ​ Construction and land development ​ ​ ​ ​ 1,975,842 ​ ​ ​ ​ ​ 1,523,281 ​ ​ Total real estate ​ ​ ​ ​ 79,752,286 ​ ​ ​ ​ ​ 74,785,542 ​ ​ Commercial and industrial ​ ​ ​ ​ 8,147,480 ​ ​ ​ ​ ​ 5,536,805 ​ ​ Warehouse line ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ — ​ ​ Consumer loans: ​ ​ ​ Home equity loans and lines of credit ​ ​ ​ ​ 9,003,016 ​ ​ ​ ​ ​ 9,331,608 ​ ​ Other consumer loans ​ ​ ​ ​ 1,101,856 ​ ​ ​ ​ ​ 883,864 ​ ​ Total consumer ​ ​ ​ ​ 10,104,872 ​ ​ ​ ​ ​ 10,215,472 ​ ​ Gross loans ​ ​ ​ ​ 108,004,638 ​ ​ ​ ​ ​ 90,537,819 ​ ​ Net deferred loan costs ​ ​ ​ ​ (26,191 ) ​ ​ ​ ​ ​ (17,057 ) ​ ​ Allowance for loan losses ​ ​ ​ ​ 1,075,374 ​ ​ ​ ​ ​ 1,075,351 ​ ​ Net loans ​ ​ ​ $ 106,955,455 ​ ​ ​ ​ $ 89,479,525 ​ ​ ​ Risk characteristics applicable to each segment of the loan portfolio are described as follows. Residential 1 – 4 Family, Home Equity Loans and Lines of Credit and Other Consumer: Commercial Real Estate including Construction and Land: Commercial and Industrial: Warehouse Line: The following tables present by portfolio segment, the activity in the allowance for loan losses for the years ended December 31, 2015 and 2014, and the recorded investment in loans and impairment method as of December 31, 2015 and 2014: ​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Commercial ​ ​ Warehouse ​ ​ Consumer ​ ​ Total ​ Allowance for loan losses ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ ​ $ 222,618 ​ ​ ​ ​ $ 503,621 ​ ​ ​ ​ $ 248,388 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 100,724 ​ ​ ​ ​ $ 1,075,351 ​ ​ Provision (credit) for loan ​ ​ ​ ​ 101,517 ​ ​ ​ ​ ​ 59,817 ​ ​ ​ ​ ​ (179,051 ) ​ ​ ​ ​ ​ 60,787 ​ ​ ​ ​ ​ 21,930 ​ ​ ​ ​ ​ 65,000 ​ ​ Loans charged to the allowance ​ ​ ​ ​ (570 ) ​ ​ ​ ​ ​ (62,015 ) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (18,657 ) ​ ​ ​ ​ ​ (81,242 ) ​ ​ Recoveries of loans previously charged off ​ ​ ​ ​ 13,665 ​ ​ ​ ​ ​ 2,600 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 16,265 ​ ​ Balance, end of year ​ ​ ​ $ 337,230 ​ ​ ​ ​ $ 504,023 ​ ​ ​ ​ $ 69,337 ​ ​ ​ ​ $ 60,787 ​ ​ ​ ​ $ 103,997 ​ ​ ​ ​ $ 1,075,374 ​ ​ Ending balance: individually evaluated for impairment ​ ​ ​ $ 13,969 ​ ​ ​ ​ $ 302 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 372 ​ ​ ​ ​ $ 14,643 ​ ​ Ending balance: collectively evaluated for impairment ​ ​ ​ $ 323,261 ​ ​ ​ ​ $ 503,721 ​ ​ ​ ​ $ 69,337 ​ ​ ​ ​ $ 60,787 ​ ​ ​ ​ $ 103,625 ​ ​ ​ ​ $ 1,060,731 ​ ​ Loans: ​ ​ ​ ​ ​ ​ ​ Ending balance ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $ 34,349,855 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 10,104,872 ​ ​ ​ ​ $ 108,004,638 ​ ​ Ending balance individually evaluated for impairment ​ ​ ​ $ 2,051,278 ​ ​ ​ ​ $ 315,658 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 122,809 ​ ​ ​ ​ $ 2,489,745 ​ ​ Ending balance collectively evaluated for impairment ​ ​ ​ $ 43,351,153 ​ ​ ​ ​ $ 34,034,197 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 9,982,063 ​ ​ ​ ​ $ 105,514,893 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Commercial ​ ​ Warehouse ​ ​ Consumer ​ ​ Total ​ Allowance for loan losses ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ ​ $ 188,325 ​ ​ ​ ​ $ 587,331 ​ ​ ​ ​ $ 138,268 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 147,217 ​ ​ ​ ​ $ 1,061,141 ​ ​ Provision (credit) for loan ​ ​ ​ ​ 58,217 ​ ​ ​ ​ ​ (174,664 ) ​ ​ ​ ​ ​ 110,120 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,327 ​ ​ ​ ​ ​ — ​ ​ Loans charged to the allowance ​ ​ ​ ​ (27,134 ) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (73,220 ) ​ ​ ​ ​ ​ (100,354 ) ​ ​ Recoveries of loans previously charged off ​ ​ ​ ​ 3,210 ​ ​ ​ ​ ​ 90,954 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 20,400 ​ ​ ​ ​ ​ 114,564 ​ ​ Balance, end of year ​ ​ ​ $ 222,618 ​ ​ ​ ​ $ 503,621 ​ ​ ​ ​ $ 248,388 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 100,724 ​ ​ ​ ​ $ 1,075,351 ​ ​ Ending balance: individually evaluated for impairment ​ ​ ​ $ 16,325 ​ ​ ​ ​ $ 644 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 533 ​ ​ ​ ​ $ 17,502 ​ ​ Ending balance: collectively evaluated for impairment ​ ​ ​ $ 206,293 ​ ​ ​ ​ $ 502,977 ​ ​ ​ ​ $ 248,388 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 100,191 ​ ​ ​ ​ $ 1,057,849 ​ ​ Loans: ​ ​ ​ ​ ​ ​ ​ Ending balance ​ ​ ​ $ 45,353,599 ​ ​ ​ ​ $ 29,431,943 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 10,215,472 ​ ​ ​ ​ $ 90,537,819 ​ ​ Ending balance individually evaluated for impairment ​ ​ ​ $ 2,727,712 ​ ​ ​ ​ $ 1,356,103 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 152,879 ​ ​ ​ ​ $ 4,236,694 ​ ​ Ending balance collectively evaluated for impairment ​ ​ ​ $ 42,625,887 ​ ​ ​ ​ $ 28,075,840 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 10,062,593 ​ ​ ​ ​ $  86,301,125 ​ ​ ​ Internal Risk Categories In adherence with policy, the Bank uses the following internal risk grading categories and definitions for loans: RISK RATING 1 — EXCELLENT General: The highest quality asset rating reflects superior, in-depth management, and superior financial flexibility. Conservative balance sheets are both strong and liquid, and historic cash flows (last five years) have provided exceptionally large and stable margins of protection. Specific: Financial statements are current, audited, of superior quality and in complete detail. Financial condition is superior and compares favorably to the industry average. Cash flow is outstanding relative to historical and projected debt service requirements. The borrower adheres to all loan covenants. Management (or individual) integrity and ability are outstanding. RISK RATING 2 — STRONG General: The borrower is fully responsible for the credit. Asset quality and liquidity are very good, and debt capacity and coverage are strong. The company has strong management in all positions, and is highly regarded with excellent financial flexibility including access to other sources of financing. Specific: Financial statements are current, of excellent quality and in adequate detail. Financial condition is very good and compares favorably to the industry average. Statements reflect a stable record of earnings over time and consistent profitability. Cash flow is strong relative to historical and projected debt service requirements. The borrower consistently adheres to the repayment schedules for both principal and interest. The borrower adheres to all loan covenants. Management (or individual) integrity and ability are outstanding. RISK RATING 3 — GOOD General: Asset quality and liquidity are strong, and debt capacity and coverage are good to above average. General financial trends are stable to favorable and financial and profitability ratios are consistent with industry peers. Management strength is apparent. The industry is average. Some modest elements of uncertainty may be present due to liquidity, margin and cash flow stability, asset of customer concentrations, dependence on one business type, or cyclical trends that may affect the borrower. Specific: The financial statements are generally current, of adequate detail, and of good quality. Publication of statements is at least once annually but in most cases more frequent. Financial condition is good relative to the industry. The earnings record is stable and consistent, although modest year-to-year earnings may fluctuate more than for borrowers rated Excellent (1) or Strong (2). Cash flow may vary during the repayment of the loan but does not fall below debt service requirements. Historical profitability may be inconsistent but losses are typically non-existent or infrequent. Liquidity and leverage are at the industry average. The borrower consistently adheres to repayment schedules for both principal and interest, and adheres to all loan covenants. Any waivers are immaterial, and do not negatively impact the strength of the credit. Management (or individual) integrity and ability are sound. Depth and breadth of management is also sound. RISK RATING 4 — ACCEPTABLE General: Asset quality and liquidity are good, and debt capacity and coverage are average to good. General financial trends are stable to favorable and financial and profitability ratios are consistent with industry peers. Management strength is apparent but may be limited to key positions. The industry is average. Some elements of uncertainty may be present due to liquidity, margin and cash flow stability, asset of customer concentrations, dependence on one business type, or cyclical trends that may affect the borrower. Adverse economic conditions may lead to declining trends. Specific: The financial statements are generally current, of adequate detail, and of average quality. Publication of statements is at least once annually. Financial condition is average relative to the industry. The earnings record is satisfactory, although year-to-year earnings patterns may fluctuate more than for borrowers rated Good (3). Cash flow may vary during the repayment of the loan but does not fall below debt service requirements. Historical profitability may be inconsistent and may have losses in recent years. Liquidity and leverage may be below the industry average, and the borrower may be highly leveraged. The borrower consistently adheres to repayment schedules for both principal and interest, and adheres to all loan covenants. Any waivers are immaterial, and do not negatively impact the strength of the credit. Management (or individual) integrity and ability are sound. Depth and breadth of management is also sound. RISK RATING 5 — WATCH General: Loans in this category are considered to be acceptable credit quality, but contain greater credit risk than Risk Rating 4 loans due to weak balance sheets, marginal earnings or cash flow, lack of financial information, weakening markets, insufficient or questionable collateral coverage, or other uncertainties. These loans warrant a higher than average level of monitoring to ensure that potential weaknesses do not emerge. The level of risk in a Watch loan is within acceptable underwriting guidelines so long as the loan is given the proper level of management supervision. Specific: The financial statements may be missing, outdated, of poor quality, or lacking in important details. Financial condition is below the industry average. The borrower may be experiencing negative trends and/or erratic or unstable financial performance. The borrower may have suffered a loss in a recent period; however, losses have not been of the magnitude to have adversely affected the balance sheet. The borrower generally adheres to repayment schedules for principal and consistently for interest. Cash flow from primary sources has generally been adequate but, if existing trends continue may not be adequate to meet projected debt service requirements in the future. The borrower may have violated one or more financial or other covenants, but such has not materially impacted financial condition or performance. Industry outlook may be unfavorable. The integrity and quality of management remains good; however, management depth may be limited. RISK RATING 6 — SPECIAL MENTION General: Assets in this category have potential weaknesses that deserve the Bank’s close attention. If potential weaknesses are left unchecked or uncorrected, they may result in deterioration of the repayment prospects for the asset or inadequately protect the Bank’s credit position at some future date. These assets pose elevated risk, but their weakness does not expose the Bank to sufficient risk to warrant adverse classification. Specific: Borrowers may be experiencing adverse operating trends (declining revenues or margins) or an ill-proportioned balance sheet (increasing inventory without an increase in sales, high leverage, tight liquidity). Adverse economic or market conditions, such as interest rate increases or the entry of a new competitor, may also support a Special Mention (6) rating. Nonfinancial reasons for rating a credit Special Mention (6) include management problems, pending litigation, an ineffective loan agreement or other material structural weaknesses, and any other significant deviation from prudent lending practices. RISK RATING 7 — SUBSTANDARD General: Assets in this category are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. These assets have a well-defined weakness or weaknesses that jeopardize the timely liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Specific: Substandard assets have a high probability of payment default, or they have other well-defined weaknesses. The financial statements may be missing, seriously outdated, of poor quality, or lacking in important details. Financial condition is less than satisfactory. The borrower is experiencing negative trends and material losses. The primary source of cash flow is inadequate to meet current debt service requirements, and unless present conditions improve is potentially inadequate to meet projected debt service requirements. The borrower may have reached the point of employing its secondary source of cash flow. The borrower inconsistently adheres to repayment schedules for either principal or interest. The borrower may have violated one or more financial or other covenants, reflecting unsatisfactory liquidity and/or capitalization. Either the integrity or the ability of management may be in question. For some Substandard (7) assets, the likelihood of full collection of interest and principal may be in doubt; such assets should be placed on nonaccrual. ​ RISK RATING 8 — DOUBTFUL General: Assets in this category have all the weaknesses inherent in one classified substandard with the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Specific: An asset in this category has a high probability of total or substantial loss, but because of specific pending events that may strengthen the asset, its classification as loss is deferred. Doubtful borrowers are usually in default, lack adequate liquidity and capital, and lack the resources necessary to remain an operating entity. Pending events can include mergers, acquisitions, liquidations, capital injections, and the perfection of liens on additional collateral, the valuation of collateral and refinancing. Generally, pending events should be resolved within a relatively short period and the ratings will be adjusted based on new information. Because of high probability of loss, nonaccrual accounting treatment is required for Doubtful (8) assets. RISK RATING 9 — LOSS General: Assets in this category are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be obtained in the future. Specific: With Loss (9) assets, the underlying borrowers are often in bankruptcy, have formally suspended debt repayments, or have otherwise ceased normal business operations. Once an asset is classified Loss (9), there is little prospect of collecting either its principal or interest. Losses are to be recorded in the period an obligation becomes uncollectable. The following table presents the credit risk profile of the Bank’s loan portfolio based on internal rating category and payment activity as of December 31, 2015 and 2014: ​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Other ​ ​ Total ​ Pass (1 – 5) ​ ​ ​ $ 44,838,588 ​ ​ ​ ​ $ 30,037,894 ​ ​ ​ ​ $ 1,966,182 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 9,003,016 ​ ​ ​ ​ $ 1,101,856 ​ ​ ​ ​ $ 105,095,016 ​ ​ Special Mention (6) ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,553,936 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,553,936 ​ ​ Substandard (7) ​ ​ ​ ​ 563,843 ​ ​ ​ ​ ​ 782,183 ​ ​ ​ ​ ​ 9,660 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,355,686 ​ ​ Doubtful (8) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Loss (9) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Total ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $ 32,374,013 ​ ​ ​ ​ $ 1,975,842 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 9,003,016 ​ ​ ​ ​ $ 1,101,856 ​ ​ ​ ​ $ 108,004,638 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Other ​ ​ Total ​ Pass (1 – 5) ​ ​ ​ $ 44,618,696 ​ ​ ​ ​ $ 25,726,754 ​ ​ ​ ​ $ 1,344,107 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 9,321,255 ​ ​ ​ ​ $   883,864 ​ ​ ​ ​ $   87,431,481 ​ ​ Special Mention (6) ​ ​ ​ ​ — ​ ​ ​ ​ ​ 219,157 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 219,157 ​ ​ Substandard (7) ​ ​ ​ ​ 734,903 ​ ​ ​ ​ ​ 1,962,751 ​ ​ ​ ​ ​ 179,174 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 10,353 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,887,181 ​ ​ Doubtful (8) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Loss (9) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Total ​ ​ ​ $ 45,353,599 ​ ​ ​ ​ $ 27,908,662 ​ ​ ​ ​ $ 1,523,281 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 9,331,608 ​ ​ ​ ​ $ 883,864 ​ ​ ​ ​ $ 90,537,819 ​ ​ ​ The Bank evaluates the loan risk grading system definitions and allowance for loan loss methodology on an ongoing basis. No significant changes were made to either during the past year. The following tables present the Bank’s loan portfolio aging analysis of the recorded investment in loans as of December 31, 2015 and 2014: ​ ​ ​ 2015 ​ ​ ​ ​ 30 – 59 Days ​ ​ 60 – 89 Days ​ ​ Greater ​ ​ Total ​ ​ Current ​ ​ Total ​ ​ Total Loans ​ Residential 1 – 4 family ​ ​ ​ $ 1,124,518 ​ ​ ​ ​ $ 312,454 ​ ​ ​ ​ $ 555,497 ​ ​ ​ ​ $ 1,992,469 ​ ​ ​ ​ $ 43,409,962 ​ ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $  — ​ ​ Commercial real estate ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ 32,364,298 ​ ​ ​ ​ ​ 32,374,013 ​ ​ ​ ​ ​ — ​ ​ Construction and land ​ ​ ​ ​ — ​ ​ ​ ​ ​ 23,118 ​ ​ ​ ​ ​ 9,660 ​ ​ ​ ​ ​ 32,778 ​ ​ ​ ​ ​ 1,943,064 ​ ​ ​ ​ ​ 1,975,842 ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ 99,541 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 99,541 ​ ​ ​ ​ ​ 8,047,939 ​ ​ ​ ​ ​ 8,147,480 ​ ​ ​ ​ ​ — ​ ​ Warehouse Line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ 72,128 ​ ​ ​ ​ ​ 10,288 ​ ​ ​ ​ ​ 8,309 ​ ​ ​ ​ ​ 90,725 ​ ​ ​ ​ ​ 8,912,291 ​ ​ ​ ​ ​ 9,003,016 ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,852 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,852 ​ ​ ​ ​ ​ 1,099,004 ​ ​ ​ ​ ​ 1,101,856 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 1,305,902 ​ ​ ​ ​ $ 348,712 ​ ​ ​ ​ $ 573,466 ​ ​ ​ ​ $ 2,228,080 ​ ​ ​ ​ $ 105,776,558 ​ ​ ​ ​ $ 108,004,638 ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ 30 – 59 Days ​ ​ 60 – 89 Days ​ ​ Greater ​ ​ Total ​ ​ Current ​ ​ Total ​ ​ Total Loans ​ Residential 1-4 family ​ ​ ​ $ 1,147,797 ​ ​ ​ ​ $ 557,817 ​ ​ ​ ​ $ 734,903 ​ ​ ​ ​ $ 2,440,517 ​ ​ ​ ​ $  42,913,082 ​ ​ ​ ​ $  45,353,599 ​ ​ ​ ​ $  — ​ ​ Commercial real estate ​ ​ ​ ​ 11,782 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 11,782 ​ ​ ​ ​ ​ 27,896,880 ​ ​ ​ ​ ​ 27,908,662 ​ ​ ​ ​ ​ — ​ ​ Construction and land ​ ​ ​ ​ 27,817 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 21,972 ​ ​ ​ ​ ​ 49,789 ​ ​ ​ ​ ​ 1,473,492 ​ ​ ​ ​ ​ 1,523,281 ​ ​ ​ ​ ​ — ​ ​ Commercial and ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 5,536,805 ​ ​ ​ ​ ​ 5,536,805 ​ ​ ​ ​ ​ — ​ ​ Warehouse Line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ 54,224 ​ ​ ​ ​ ​ 25,601 ​ ​ ​ ​ ​ 10,353 ​ ​ ​ ​ ​ 90,178 ​ ​ ​ ​ ​ 9,241,430 ​ ​ ​ ​ ​ 9,331,608 ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,057 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,057 ​ ​ ​ ​ ​ 877,807 ​ ​ ​ ​ ​ 883,864 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 1,241,620 ​ ​ ​ ​ $ 589,475 ​ ​ ​ ​ $ 767,228 ​ ​ ​ ​ $ 2,598,323 ​ ​ ​ ​ $ 87,939,496 ​ ​ ​ ​ $ 90,537,819 ​ ​ ​ ​ $ — ​ ​ ​ A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310-10-35-16), when based on current information and events, it is probable the Bank will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming commercial loans but also include loans modified in troubled debt restructurings. The following table presents impaired loans and specific valuation allowance based on class level for the years ended December 31, 2015 and 2014: ​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Impaired loans without a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ $ 848,467 ​ ​ ​ ​ $ 273,166 ​ ​ ​ ​ $ — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 79,097 ​ ​ ​ ​ $ 1,200,730 ​ ​ Unpaid principal balance ​ ​ ​ ​ 921,718 ​ ​ ​ ​ ​ 273,166 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 79,097 ​ ​ ​ ​ ​ 1,273,981 ​ ​ Impaired loans with a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 1,202,811 ​ ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ 32,777 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 43,712 ​ ​ ​ ​ ​ 1,289,015 ​ ​ Unpaid principal balance ​ ​ ​ ​ 1,259,063 ​ ​ ​ ​ ​ 11,111 ​ ​ ​ ​ ​ 36,696 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 45,687 ​ ​ ​ ​ ​ 1,352,557 ​ ​ Specific allowance ​ ​ ​ ​ 13,969 ​ ​ ​ ​ ​ 129 ​ ​ ​ ​ ​ 173 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 372 ​ ​ ​ ​ ​ 14,643 ​ ​ Total impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 2,051,278 ​ ​ ​ ​ ​ 282,881 ​ ​ ​ ​ ​ 32,777 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 122,809 ​ ​ ​ ​ ​ 2,489,745 ​ ​ Unpaid principal balance ​ ​ ​ ​ 2,180,781 ​ ​ ​ ​ ​ 284,277 ​ ​ ​ ​ ​ 36,696 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 124,784 ​ ​ ​ ​ ​ 2,626,538 ​ ​ Specific allowance ​ ​ ​ ​ 13,969 ​ ​ ​ ​ ​ 129 ​ ​ ​ ​ ​ 173 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 372 ​ ​ ​ ​ ​ 14,643 ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Impaired loans without a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ $ 1,396,878 ​ ​ ​ ​ $ 1,003,575 ​ ​ ​ ​ $ 290,956 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 86,296 ​ ​ ​ ​ $ 2,777,705 ​ ​ Unpaid principal balance ​ ​ ​ ​ 1,475,218 ​ ​ ​ ​ ​ 1,121,615 ​ ​ ​ ​ ​ 304,827 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 92,277 ​ ​ ​ ​ ​ 2,993,937 ​ ​ Impaired loans with a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 1,330,834 ​ ​ ​ ​ ​ 11,782 ​ ​ ​ ​ ​ 49,790 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 66,583 ​ ​ ​ ​ ​ 1,458,989 ​ ​ Unpaid principal balance ​ ​ ​ ​ 1,373,484 ​ ​ ​ ​ ​ 12,700 ​ ​ ​ ​ ​ 56,120 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 69,627 ​ ​ ​ ​ ​ 1,511,931 ​ ​ Specific allowance ​ ​ ​ ​ 16,325 ​ ​ ​ ​ ​ 46 ​ ​ ​ ​ ​ 598 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 533 ​ ​ ​ ​ ​ 17,502 ​ ​ Total impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 2,727,712 ​ ​ ​ ​ ​ 1,015,357 ​ ​ ​ ​ ​ 340,746 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 152,879 ​ ​ ​ ​ ​ 4,236,694 ​ ​ Unpaid principal balance ​ ​ ​ ​ 2,848,702 ​ ​ ​ ​ ​ 1,134,315 ​ ​ ​ ​ ​ 360,947 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 161,904 ​ ​ ​ ​ ​ 4,505,868 ​ ​ Specific allowance ​ ​ ​ ​ 16,325 ​ ​ ​ ​ ​ 46 ​ ​ ​ ​ ​ 598 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 533 ​ ​ ​ ​ ​ 17,502 ​ ​ The following presents by portfolio class, information related to the average recorded investment and interest income recognized on impaired loans for the years ended December 31, 2015 and 2014: ​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Average recorded investment in impaired loans ​ ​ ​ $ 1,920,676 ​ ​ ​ ​ $   290,494 ​ ​ ​ ​ $ 38,295 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 127,281 ​ ​ ​ ​ ​  2,376,746 ​ ​ Interest income recognized ​ ​ ​ ​ 23,914 ​ ​ ​ ​ ​ 15,554 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,614 ​ ​ ​ ​ ​ 42,082 ​ ​ Interest income recognized on a cash basis ​ ​ ​ ​ 23,798 ​ ​ ​ ​ ​ 15,328 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,614 ​ ​ ​ ​ ​ 41,740 ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Average recorded investment in impaired loans ​ ​ ​ $ 2,394,222 ​ ​ ​ ​ $ 1,078,123 ​ ​ ​ ​ $ 330,360 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 137,430 ​ ​ ​ ​ $ 3,940,135 ​ ​ Interest income recognized ​ ​ ​ ​ 38,882 ​ ​ ​ ​ ​ 16,369 ​ ​ ​ ​ ​ 5,945 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 303 ​ ​ ​ ​ ​ 61,499 ​ ​ Interest income recognized on a cash basis ​ ​ ​ ​ 38,748 ​ ​ ​ ​ ​ 16,369 ​ ​ ​ ​ ​ 5,945 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 303 ​ ​ ​ ​ ​ 61,365 ​ ​ The following table presents the Bank’s nonaccrual loans at December 31, 2015 and 2014. This table excludes performing troubled debt restructurings. ​ ​ ​ 2015 ​ ​ 2014 ​ Residential 1 – 4 family ​ ​ ​ $ 1,233,905 ​ ​ ​ ​ $ 1,811,649 ​ ​ Commercial real estate ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ 729,032 ​ ​ Construction and land ​ ​ ​ ​ 32,777 ​ ​ ​ ​ ​ 206,991 ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse Line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ 43,712 ​ ​ ​ ​ ​ 150,511 ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 1,320,109 ​ ​ ​ ​ $ 2,898,183 ​ ​ ​ At December 31, 2015 the Company did not have any loans that were modified in troubled debt restructurings however; in 2014, the Company had loans that were modified in troubled debt restructurings and impaired. The modification of terms of such loans included one or a combination of the following: an extension of maturity, a reduction of the stated interest rate or a permanent reduction of the recorded investment in the loan. The following table presents information regarding troubled debt restructurings by class for the year ended December 31, 2015 and 2014. Newly classified troubled debt restructurings: ​ ​ ​ 2015 ​ ​ 2014 ​ ​ ​ ​ Number ​ ​ Pre- ​ ​ Post ​ ​ Number ​ ​ Pre- ​ ​ Post ​ Residential 1 – 4 family ​ ​ ​ ​ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ 3 ​ ​ ​ ​ $ 418,350 ​ ​ ​ ​ $ 418,350 ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ ​ 3 ​ ​ ​ ​ $ 418,350 ​ ​ ​ ​ $ 418,350 ​ ​ ​ The troubled debt restructurings described above increased the allowance for loan losses by $3,502 resulted in charge offs of  $19,937 during the year ended December 31, 2014. Newly restructured loans by type of modification: ​ ​ ​ 2015 ​ ​ ​ ​ Interest ​ ​ Term ​ ​ Combination ​ ​ Total ​ Residential 1 – 4 family ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Interest ​ ​ Term ​ ​ Combination ​ ​ Total ​ Residential 1 – 4 family ​ ​ ​ $ 93,832 ​ ​ ​ ​ $ 61,000 ​ ​ ​ ​ $ 263,518 ​ ​ ​ ​ $ 418,350 ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 93,832 ​ ​ ​ ​ $ 61,000 ​ ​ ​ ​ $ 263,518 ​ ​ ​ ​ $ 418,350 ​ ​ ​ ​ Troubled debt restructurings modified in the past 12 months that subsequently defaulted: ​ ​ ​ 2015 ​ ​ 2014 ​ ​ ​ ​ Number of ​ ​ Recorded ​ ​ Number of ​ ​ Recorded ​ Residential 1 – 4 family ​ ​ ​ ​ — ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ — ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1 ​ ​ ​ ​ ​ 214,736 ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​  — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​  — ​ ​ ​ ​ $  — ​ ​ ​ ​ ​ 1 ​ ​ ​ ​ $ 214,736 ​ ​ ​ As of December 31, 2015, borrowers with loans designated as TDRs totaling $1,084,630 and consisting of  $732,385 of residential 1 – 4 family loans, $273,166 of commercial real estate loans, and $79,079 of home equity loans, met the criteria for placement on accrual status. As of December 31, 2014, borrowers with loans designated as TDRs totaling $1,431,843 and consisting of  $1,009,396 of residential 1 – 4 family, $286,325 of commercial real estate loans, $133,754 of construction and land development and $2,368 of home equity loans, met the criteria for placement on accrual status. This criteria is a minimum of six months of payment performance under existing or modified terms. The Company has had, and may be expected to have in the future, lending transactions in the ordinary course of business with principal stockholder, directors, executive officer and their affiliates (related parties), all of which have been, in the opinion of management, on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated parties and which do not represent more than the normal risk of collectability or present other unfavorable features. Aggregate loan transaction with related parties for the year ended December 31, 2015 and year ended December 31, 2014: ​ ​ ​ 2015 ​ ​ 2014 ​ Balance, January 1, ​ ​ ​ $ 1,746,535 ​ ​ ​ ​ $ 96,059 ​ ​ New loans and advances on lines ​ ​ ​ ​ 535,893 ​ ​ ​ ​ ​ 1,043,733 ​ ​ Repayments ​ ​ ​ ​ (540,712 ) ​ ​ ​ ​ ​ (667,229 ) ​ ​ Other, newly established related party ​ ​ ​ ​ 648,108 ​ ​ ​ ​ ​ 1,273,972 ​ ​ Balance, December 31, ​ ​ ​ $ 2,389,824 ​ ​ ​ ​ $ 1,746,535 ​ ​ Balance available on lines of credit or loan commitments ​ ​ ​ ​ 290,558 ​ ​ ​ ​ ​ 558,191 ​ ​ None of these loans are past due, in nonaccrual status or have been restructured to provide a reduction or deferral of interest or principal because of deterioration in the financial position of the borrower. These were no loans to a related party that were considered classified at December 31, 2015 and December 31, 2014. On January 1, 2015, the Company adopted Accounting Standards Update ( ASU) 2014-04, Receivables — Troubled Debt Restructuring by Creditors

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Premises and Equipment
Premises and Equipment	Note 5: Premises and Equipment Major classifications of premises and equipment, stated at cost, are as follows: ​ ​ ​ 2015 ​ ​ 2014 ​ Land ​ ​ ​ $ 864,420 ​ ​ ​ ​ $ 864,420 ​ ​ Land improvements ​ ​ ​ ​ 322,809 ​ ​ ​ ​ ​ 322,809 ​ ​ Building and improvements ​ ​ ​ ​ 4,513,402 ​ ​ ​ ​ ​ 4,509,902 ​ ​ Furniture, fixtures and equipment ​ ​ ​ ​ 3,326,148 ​ ​ ​ ​ ​ 3,651,942 ​ ​ Total cost ​ ​ ​ ​ 9,026,779 ​ ​ ​ ​ ​ 9,349,073 ​ ​ Accumulated depreciation ​ ​ ​ ​ (5,420,609 ) ​ ​ ​ ​ ​ (5,436,782 ) ​ ​ Net premises and equipment ​ ​ ​ $ 3,606,170 ​ ​ ​ ​ $ 3,912,291 ​ ​ ​ The Decatur branch sale was closed on January 24, 2014. Approximately $222,000 in net premises and equipment were included in the sale.

Loan Servicing

Loan Servicing	12 Months Ended
	Dec. 31, 2015
Loan Servicing
Loan Servicing	Note 6: Loan Servicing The Company accounts for loan servicing rights applicable to serviced loans originated prior to January 1, 2011, using the fair value method of accounting and are considered a specific class. Loan servicing rights applicable to serviced loans originated after January 1, 2011, are valued using the amortization method and are considered a different specific class. Under both methods, the mortgage servicing rights are recorded at fair value at inception. Under the fair value method, the asset continues to be recorded at fair value each reporting period, with changes in fair value being recorded through noninterest income. Under the amortization method, the recorded asset is amortized over its estimated life. The fair value method approach of accounting was adopted because the Company believed the fair values of servicing rights were substantially undervalued and thus understated on the balance sheet. The fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Subsequent valuation adjustments for servicing assets related to loan originations prior to January 1, 2011, will be made to noninterest income and included in mortgage banking activities in the statement of operations. Mortgage loans serviced for others are not included in the accompanying consolidated balance sheets. The risks inherent in mortgage servicing assets relate primarily to changes in prepayments that result from shifts in mortgage interest rates. The unpaid principal balances of mortgage loans serviced for others was $77,187,000 and $73,575,000 at December 31, 2015 and 2014, respectively. The following summarizes the activity pertaining to mortgage servicing rights measured using the amortization method. There were no valuation allowance recorded or reversed during 2015 or 2014. ​ ​ ​ 2015 ​ ​ 2014 ​ Balance, beginning of year ​ ​ ​ $ 317,912 ​ ​ ​ ​ $ 364,999 ​ ​ Additions ​ ​ ​ ​ 130,638 ​ ​ ​ ​ ​ 59,732 ​ ​ Amortization ​ ​ ​ ​ (123,011 ) ​ ​ ​ ​ ​ (106,819 ) ​ ​ Balance, end of year ​ ​ ​ $ 325,539 ​ ​ ​ ​ $ 317,912 ​ ​ Fair value as of the beginning of the year ​ ​ ​ $ 526,647 ​ ​ ​ ​ $ 543,975 ​ ​ Fair value as of the end of year ​ ​ ​ ​ 612,290 ​ ​ ​ ​ ​ 526,647 ​ ​ The following summarizes the activity in mortgage servicing rights measured using the fair value method for the years ended December 31, 2015 and 2014: ​ ​ ​ 2015 ​ ​ 2014 ​ Balance, beginning of year ​ ​ ​ $ 114,193 ​ ​ ​ ​ $ 148,171 ​ ​ Additions ​ ​ ​ Change in fair value adjusted through earnings ​ ​ ​ ​ (31,017 ) ​ ​ ​ ​ ​ (33,978 ) ​ ​ Balance, end of year ​ ​ ​ $ 83,176 ​ ​ ​ ​ $ 114,193 ​ ​ ​

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits
Deposits	Note 7: Deposits ​ ​ ​ 2015 ​ ​ 2014 ​ Non-interest bearing demand deposits ​ ​ ​ $ 13,940,853 ​ ​ ​ ​ $ 11,730,674 ​ ​ Interest bearing deposits ​ ​ ​ ​ 37,751,724 ​ ​ ​ ​ ​ 24,528,025 ​ ​ Money market ​ ​ ​ ​ 20,465,720 ​ ​ ​ ​ ​ 20,350,496 ​ ​ Savings accounts ​ ​ ​ ​ 13,660,368 ​ ​ ​ ​ ​ 15,027,699 ​ ​ Certificates of deposit ​ ​ ​ ​ 27,512,191 ​ ​ ​ ​ ​ 26,856,218 ​ ​ Total deposits ​ ​ ​ $ 113,330,856 ​ ​ ​ ​ $ 98,493,112 ​ ​ ​ Interest-bearing time deposits in denominations of  $250,000 or more were $3,714,258 at December 31, 2015, and $2,060,478 at December 31, 2014. At December 31, 2015 and 2014, the Bank had deposits from executive officers, directors and their affiliates (related parties), of  $1,893,793 and $1,516,175, respectively. In management’s opinion, such deposits were made in the ordinary course of business and were made on substantially the same terms as those prevailing at the time for comparable transactions with other persons. At December 31, 2015, the scheduled maturities of time deposits are as follows: ​ 2016 ​ ​ ​ $ 16,197,851 ​ ​ ​ 2017 ​ ​ ​ ​ 6,781,620 ​ ​ ​ 2018 ​ ​ ​ ​ 1,640,662 ​ ​ ​ 2019 ​ ​ ​ ​ 1,193,638 ​ ​ ​ 2020 ​ ​ ​ ​ 1,668,727 ​ ​ ​ Thereafter ​ ​ ​ ​ 29,692 ​ ​ ​ Total ​ ​ ​ $ 27,512,191 ​ ​ ​

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances	12 Months Ended
	Dec. 31, 2015
Borrowings
Federal Home Loan Bank Advances	Note 8: Federal Home Loan Bank Advances Federal Home Loan Bank advances totaled $8,000,000 and $10,000,000 at December 31, 2015 and 2014, respectively. Federal Home Loan Bank advances and line of credit are secured by mortgage loans totaling approximately $29.0 million and $35.3 million at December 31, 2015 and 2014, respectively. Advances, at interest rates from .67 percent to 1.79 percent were subject to restrictions or penalties in the event of prepayment as of December 31, 2015. The Bank has a $2.0 million line of credit with the Federal Home Loan Bank and a $2.0 million federal funds line with United Bankers Bank, none of which was outstanding at December 31, 2015. Scheduled maturities on advances are as follows: ​ 2016 ​ ​ ​ $ 2,000,000 ​ ​ ​ 2017 ​ ​ ​ ​ 2,000,000 ​ ​ ​ 2018 ​ ​ ​ ​ 2,000,000 ​ ​ ​ 2019 ​ ​ ​ ​ 2,000,000 ​ ​ ​ Total ​ ​ ​ $ 8,000,000 ​ ​ ​

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 9: Income Taxes The provision (credit) for income taxes includes these components: ​ ​ ​ 2015 ​ ​ 2014 ​ Taxes currently payable ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ Deferred income taxes ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Income tax expense (benefit) ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense is shown below: ​ ​ ​ 2015 ​ ​ 2014 ​ Computed at the statutory rate (34%) ​ ​ ​ $ 14,321 ​ ​ ​ ​ $ (277,533 ) ​ ​ Increase (decrease) resulting from ​ ​ ​ Tax exempt interest ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Changes in the deferred tax asset valuation allowance ​ ​ ​ ​ (21,238 ) ​ ​ ​ ​ ​ 252,896 ​ ​ Other ​ ​ ​ ​ 6,917 ​ ​ ​ ​ ​ 24,637 ​ ​ Actual tax expense (benefit) ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ The tax effects of temporary differences related to deferred taxes shown on the consolidated balance sheets were: ​ ​ ​ 2015 ​ ​ 2014 ​ Deferred tax assets ​ ​ ​ Allowance for loan losses ​ ​ ​ $ 432,755 ​ ​ ​ ​ $ 48,592 ​ ​ Valuation of other real estate ​ ​ ​ ​ 1,673 ​ ​ ​ ​ ​ 1,729 ​ ​ Net operating loss carryforward ​ ​ ​ ​ 3,119,906 ​ ​ ​ ​ ​ 3,169,105 ​ ​ Charitable contribution carryforward ​ ​ ​ ​ 22,605 ​ ​ ​ ​ ​ 26,665 ​ ​ Unrealized loss on available-for-sale securities ​ ​ ​ ​ 4,862 ​ ​ ​ ​ ​ 5,698 ​ ​ Other ​ ​ ​ ​ — ​ ​ ​ ​ ​ 216,299 ​ ​ Total assets ​ ​ ​ ​ 3,581,801 ​ ​ ​ ​ ​ 3,468,088 ​ ​ Deferred tax liability ​ ​ ​ Depreciation ​ ​ ​ ​ (170,778 ) ​ ​ ​ ​ ​ (197,153 ) ​ ​ Deferred loan fees ​ ​ ​ ​ (8,941 ) ​ ​ ​ ​ ​ (5,900 ) ​ ​ FHLB stock dividends ​ ​ ​ ​ (23,065 ) ​ ​ ​ ​ ​ (36,742 ) ​ ​ Other ​ ​ ​ ​ (171,961 ) ​ ​ ​ ​ ​ — ​ ​ Total liabilities ​ ​ ​ ​ (374,745 ) ​ ​ ​ ​ ​ (239,795 ) ​ ​ Net deferred tax asset before valuation allowance ​ ​ ​ ​ 3,207,056 ​ ​ ​ ​ ​ 3,228,293 ​ ​ Valuation allowance ​ ​ ​ Beginning balance ​ ​ ​ ​ (3,228,293 ) ​ ​ ​ ​ ​ (3,082,165 ) ​ ​ Increase during the period ​ ​ ​ ​ 21,237 ​ ​ ​ ​ ​ (146,128 ) ​ ​ Ending balance ​ ​ ​ ​ (3,207,056 ) ​ ​ ​ ​ ​ (3,228,293 ) ​ ​ Net deferred tax asset (liability) ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ As of December 31, 2015, the Company has approximately $8.9 million of federal net operating loss carryforwards that begin expiring in 2029 and approximately $1.3 million of state net operating loss carryforwards that begin expiring in 2024. Retained earnings at December 31, 2015 and 2014, include approximately $702,000 for which no deferred federal income tax liability has been recognized. These amounts represent an allocation of income to bad debt deductions for tax purposes only. Reduction of amounts so allocated for purposes other than tax bad debt losses or adjustments arising from carryback of net operating losses would create income for tax purposes only, which would be subject to the then-current corporate income tax rate.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2015
Regulatory Matters
Regulatory Matters	Note 10: Regulatory Matters 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 the Company’s assets, liabilities and certain off-balance-sheet items as calculated under U.S. GAAP, regulatory reporting requirements and regulatory capital standards. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Furthermore, the Company’s regulators could require adjustments to regulatory capital not reflected in these financial statements. Quantitative measures established by regulatory capital standards to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below). Management believes, as of December 31, 2015 and 2014, that the Company meets all capital adequacy requirements to which it is subject. As of December 31, 2015, the most recent notification from Office of Comptroller of the Currency categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier I risk-based, Common equity Tier I, and Tier I leverage ratios as set forth in the table. The Common equity Tier I ratio became effective January 1, 2015. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Bank’s actual capital amounts and ratios are also presented in the following table. ​ ​ ​ Actual ​ ​ Minimum Amount (2) ​ ​ Minimum Amount (1) ​ ​ ​ ​ Amount ​ ​ Ratio ​ ​ Amount ​ ​ Ratio ​ ​ Amount ​ ​ Ratio ​ December 31, 2015 ​ ​ ​ ​ ​ ​ ​ Total capital (1) ​ ​ ​ $ 13,701 ​ ​ ​ ​ ​ 15.37 % ​ ​ ​ ​ $ 7,133 ​ ​ ​ ​ ​ 8.00 % ​ ​ ​ ​ $ 8,916 ​ ​ ​ ​ ​ 10.00 % ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,626 ​ ​ ​ ​ ​ 14.16 ​ ​ ​ ​ ​ 5,350 ​ ​ ​ ​ ​ 6.00 ​ ​ ​ ​ ​ 7,133 ​ ​ ​ ​ ​ 8.00 ​ ​ Common Equity Tier I capital (1) ​ ​ ​ ​ 12,630 ​ ​ ​ ​ ​ 14.16 ​ ​ ​ ​ ​ 4,012 ​ ​ ​ ​ ​ 4.50 ​ ​ ​ ​ ​ 5,795 ​ ​ ​ ​ ​ 6.50 ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,630 ​ ​ ​ ​ ​ 9.42 ​ ​ ​ ​ ​ 5,364 ​ ​ ​ ​ ​ 4.00 ​ ​ ​ ​ ​ 6,705 ​ ​ ​ ​ ​ 5.00 ​ ​ December 31, 2014 ​ ​ ​ ​ ​ ​ ​ Total capital (1) ​ ​ ​ $ 13,188 ​ ​ ​ ​ ​ 17.87 % ​ ​ ​ ​ $ 5,904 ​ ​ ​ ​ ​ 8.00 % ​ ​ ​ ​ $ 7,380 ​ ​ ​ ​ ​ 10.00 % ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,264 ​ ​ ​ ​ ​ 16.62 ​ ​ ​ ​ ​ 2,952 ​ ​ ​ ​ ​ 4.00 ​ ​ ​ ​ ​ 4,428 ​ ​ ​ ​ ​ 6.00 ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,264 ​ ​ ​ ​ ​ 10.03 ​ ​ ​ ​ ​ 4,893 ​ ​ ​ ​ ​ 4.00 ​ ​ ​ ​ ​ 6,116 ​ ​ ​ ​ ​ 5.00 ​ ​ ​ (1) As defined by regulatory agencies ​ Effective October 20, 2009, the Company entered into a formal consent agreement with its primary regulator (formerly the Office of Thrift Supervision who functions were transferred to the Office of the Comptroller of the Currency (OCC) on July 21, 2012). Effective February 2, 2013, the OCC terminated the consent order. On January 23, 2013, the Company received notice from the OCC that it was subject to certain individual minimum capital ratio requirements. Effective during the fourth quarter of 2014, the OCC cancelled the individual minimum capital ratio requirements.

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2015
Employee Benefits
Employee Benefits	Note 11: Employee Benefits The Company has a retirement savings 401(k) plan which covers all full-time employees who are age 21 or older and who have worked 1,000 hours and completed three months of service. Employees may contribute up to 25% of their compensation up to a maximum of  $18,000 a year with the Company matching 50% of the employee’s contribution on the first 6% of the employee’s compensation. Employer contributions charged to expense for the years ended December 31, 2015 and 2014, were $62,948 and $59,645, respectively. The Company participates in the Pentegra Defined Benefit Plan for Financial Institutions (Pentegra Plan), an industry-wide, tax-qualified defined-benefit pension plan. The Pentegra Plan’s Employer Identification Number is 13-5645888 and the Plan Number is 333. The Pentegra Plan operates as a multiemployer plan for accounting purposes and as a multiple employer plan under the Employee Retirement Income Security Act of 1974 The risks of participating in a multiemployer plan are different from a single-employer plan in the following aspects: 1. Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers. ​ 2. If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers. ​ 3. If the Company chooses to stop participating in some of its multiemployer plans, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability. ​ The Company froze the benefits in the Pentegra Plan effective June 1, 2010. Full-time employees of the Company who had attained at least 21 years of age and completed one year of service were eligible to participate in the Pentegra Plan. In addition, employees who would have been eligible after June 1, 2010, are not eligible to participate. No further benefits will accrue subsequent to the freeze, and the freeze does not reduce the benefits accrued up to the date of the freeze. Pension expense related to this plan was $140,729 and $142,715 for years ended December 31, 2015 and 2014. Calculations to determine full-funding status are made annually by the third-party plan administrator as of June 30. At June 30, 2015 and 2014, the funding target, which is defined as the market value of plan assets divided by the plan liabilities, of the Company’s portion of the Pentegra Plan was 75.72% and 74.37%, respectively, funded. Total contributions by all employer participants in the Pentegra Plan, as reported on Form 5500, totaled $190,751,615 and $136,477,565, respectively, for the plan years ended June 30, 2014 and 2013. The Company’s contributions to the Pentegra Plan totaled $152,078 and $133,156, respectively, for the years ended December 31, 2015 and 2014, respectively, and do not represent more than 5% of the total contributions made by all employer participants in the Pentegra Plan. There have been no significant changes that affect the comparability of 2015 and 2014 contributions. Given the current interest rate environment, the lower asset valuations, and other factors impacting the operations of the Pentegra Plan, it is likely that our future funding obligations could increase. In connection with the conversion to an entity owned by stockholders, the Company established an Employee Stock Ownership Plan (ESOP) for the exclusive benefit of eligible employees (all salaried employees who have completed at least 1,000 hours of service in a consecutive twelve-month period and have attained the age of 21). The ESOP borrowed funds from the Company in an amount sufficient to purchase 53,431 shares (approximately 8% of the common stock issued in the stock offering). The loan is secured by the shares purchased and will be repaid by the ESOP with funds from contributions made by the Company and dividends received by the ESOP. Contributions will be applied to repay interest on the loan first, then the remainder will be applied to principal. The loan is expected to be repaid over a period of up to 25 years. Shares purchased with the loan proceeds are held in a suspense account for allocation among participants as the loan is repaid. Contributions to the ESOP and shares released from the suspense account are allocated among participants in proportion to their compensation, relative to total compensation of all active participants. Participants will vest in their accrued benefits under the employee stock ownership plan at the rate of 20 percent per year. Vesting is accelerated upon retirement, death or disability of the participant, or a change in control of the Association. Forfeitures will be reallocated to remaining plan participants. Benefits may be payable upon retirement, death, disability, separation from service, or termination of the ESOP. The debt of the ESOP is eliminated in consolidation. Contributions to the ESOP shall be sufficient to pay principal and interest currently due under the loan agreement. As shares are committed to be released from collateral, the Company reports compensation expense equal to the average market price of the shares for the respective period, and the shares become outstanding for earnings per share computations. Dividends on unallocated ESOP shares, if any, are recorded as a reduction of debt and accrued interest. ESOP compensation expense was $24,004 and $22,193 the year ended December 31, 2015 and 2014. A summary of ESOP shares are as of December 31 are as follows: ​ ​ ​ 2015 ​ ​ 2014 ​ Released Shares ​ ​ ​ ​ 2,141 ​ ​ ​ ​ ​ — ​ ​ Shares committed for release ​ ​ ​ ​ 2,137 ​ ​ ​ ​ ​ 2,186 ​ ​ Unreleased shares ​ ​ ​ ​ 49,153 ​ ​ ​ ​ ​ 51,245 ​ ​ Total ​ ​ ​ ​ 53,431 ​ ​ ​ ​ ​ 53,431 ​ ​ Fair value of unreleased shares ​ ​ ​ $ 675,854 ​ ​ ​ ​ $ 520,137 ​ ​ In the event the ESOP is unable to satisfy the obligation to repurchase the shares held by each beneficiary upon the beneficiary’s termination or retirement, the Company is obligated to repurchase the shares. At December 31, 2015, the fair value of these shares is $29,384. In addition, there are 181 outstanding shares held by former employees that are subject to an ESOP related repurchase option.

Disclosures About Fair Value of

Disclosures About Fair Value of Assets and Liabilities	12 Months Ended
	Dec. 31, 2015
Disclosures About Fair Value of Assets and Liabilities
Disclosures About Fair Value of Assets and Liabilities	Note 12: Disclosures About Fair Value of Assets and Liabilities Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets or liabilities Level 2 Level 3 ​ Recurring Measurements The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2015 and 2014: ​ ​ ​ December 31, 2015 ​ Assets ​ ​ Fair Value ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 5,924,942 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 5,924,942 ​ ​ ​ ​ $ — ​ ​ State and political subdivisions ​ ​ ​ ​ 2,558,886 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,558,886 ​ ​ ​ ​ ​ — ​ ​ Mortgage-backed – GSE residential ​ ​ ​ ​ 2,570,256 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,570,256 ​ ​ ​ ​ ​ — ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 659,654 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 659,654 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 83,176 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 83,176 ​ ​ ​ ​ ​ December 31, 2014 ​ Assets ​ ​ Fair ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 4,939,830 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 4,939,830 ​ ​ ​ ​ $ — ​ ​ State and political subdivisions ​ ​ ​ ​ 3,361,085 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 3,361,085 ​ ​ ​ ​ ​ — ​ ​ Mortgage-backed – GSE residential ​ ​ ​ ​ 3,384,002 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 3,384,002 ​ ​ ​ ​ ​ — ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 1,033,148 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,033,148 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 114,193 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 114,193 ​ ​ Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a recurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. There have been no significant changes in the valuation techniques during the years ended December 31, 2015 and 2014. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Available-for-Sale Securities Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, then fair values are estimated by using quoted prices of securities with similar characteristics or independent asset pricing services and pricing models, the inputs of which are market-based or independently sourced market parameters, including, but not limited to, yield curves, interest rates, volatilities, prepayments, defaults, cumulative loss projections and cash flows. Such securities are classified in Level 2 of the valuation hierarchy including U.S. Government and federal agencies, state and political subdivisions, mortgage-backed securities GSE, and collateralized mortgage obligations GSE. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy. The Company has no securities classified as Level 3. Mortgage Servicing Rights Mortgage servicing rights do not trade in an active, open market with readily observable prices. Accordingly, fair value is estimated using discounted cash flow models having significant inputs of discount rate, prepayment speed and default rate. Due to the nature of the valuation inputs, mortgage servicing rights are classified within Level 3 of the hierarchy. ​ Mortgage servicing rights are tested for impairment on a quarterly basis. The Chief Financial Officer’s (CFO) office contracts with a pricing specialist to generate fair value estimates on at least an annual basis. The CFO’s office challenges the reasonableness of the assumptions used and reviews the methodology to ensure the estimated fair value complies with accounting standards generally accepted in the United States. Level 3 Reconciliation The following is a reconciliation of the beginning and ending balances of recurring fair value measurements recognized in the accompanying balance sheets using significant unobservable (Level 3) inputs: ​ ​ ​ 2015 ​ ​ 2014 ​ Balance, beginning of year ​ ​ ​ $ 114,193 ​ ​ ​ ​ $ 148,171 ​ ​ Total changes in fair value included in earnings ​ ​ ​ ​ (31,017 ) ​ ​ ​ ​ ​ (33,978 ) ​ ​ Balance, end of year ​ ​ ​ $ 83,176 ​ ​ ​ ​ $ 114,193 ​ ​ ​ Nonrecurring Measurements The following table presents the fair value measurement of assets and liabilities measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2015 and 2014: ​ ​ ​ Fair Value Measurements Using ​ Assets ​ ​ Fair Value ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ December 31, 2015 ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 202,100 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 202,100 ​ ​ Collateral-dependent impaired loans, Net of ALLL ​ ​ ​ ​ 1,274,372 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,274,372 ​ ​ December 31, 2014 ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 190,000 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 190,000 ​ ​ Collateral-dependent impaired loans Net of ALLL ​ ​ ​ ​ 1,441,487 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,441,487 ​ ​ Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Other Real Estate Owned Other real estate owned (OREO) is carried at the lower of fair value at acquisition date or current estimated fair value, less estimated cost to sell when the real estate is acquired. Estimated fair value of OREO is based on appraisals or evaluations. OREO is classified within Level 3 of the fair value hierarchy. Appraisals of OREO are obtained when the real estate is acquired and subsequently as deemed necessary by the CFO’s office. Appraisals are reviewed for accuracy and consistency by the CFO’s office. Appraisers are selected from the list of approved appraisers maintained by management. Collateral-Dependent Impaired Loans, Net of ALLL The estimated fair value of collateral-dependent impaired loans is based on the appraised fair value of the collateral, less estimated cost to sell. Collateral-dependent impaired loans are classified within Level 3 of the fair value hierarchy. The Company considers the appraisal or evaluation as the starting point for determining fair value and then considers other factors and events in the environment that may affect the fair value. Appraisals of the collateral underlying collateral-dependent loans are obtained when the loan is determined to be collateral-dependent and subsequently as deemed necessary by the CFO’s office. Appraisals are reviewed for accuracy and consistency by the CFO’s office. Appraisers are selected from the list of approved appraisers maintained by management. The appraised values are reduced by discounts to consider lack of marketability and estimated cost to sell if repayment or satisfaction of the loan is dependent on the sale of the collateral. These discounts and estimates are developed by the CFO’s office by comparison to historical results. Unobservable (Level 3) Inputs: The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements other than goodwill. ​ ​ ​ Fair Value ​ ​ Valuation ​ ​ Unobservable Inputs ​ ​ Weighted ​ At December 31, 2015: ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 202,100 ​ ​ ​ Market ​ ​ Comparability ​ ​ Not available ​ Collateral-dependent impaired loans, net of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage servicing rights ​ ​ ​ ​ 83,176 ​ ​ ​ Discounted ​ ​ Constant ​ ​ 8.8% – 16% (11.9%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Probability ​ ​ 1% – 8% (2.9%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount rate ​ ​ 5.6% – 12.0% (10.4%) ​ At December 31, 2014: ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 190,000 ​ ​ ​ Market ​ ​ Comparability ​ ​ Not available ​ Collateral-dependent impaired loans, net of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage servicing rights ​ ​ ​ ​ 114,193 ​ ​ ​ Discounted ​ ​ Constant ​ ​ 8.5% – 16% (11.2%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Probability ​ ​ 1% – 8% (2.1%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount rate ​ ​ 7.6% – 13.0% (10.4%) ​ Fair Value of Financial Instruments The following tables present estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2015 and 2014. ​ ​ ​ Fair Value Measurements Using ​ ​ ​ ​ Carrying ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ At December 31, 2015: ​ ​ ​ ​ ​ Financial assets: ​ ​ ​ ​ ​ Cash and cash equivalents ​ ​ ​ $ 10,906,893 ​ ​ ​ ​ $ 10,906,893 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ FHLB Stock ​ ​ ​ ​ 686,200 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 686,200 ​ ​ ​ ​ ​ — ​ ​ Loans, net of allowance for loan ​ ​ ​ ​ 106,955,455 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 107,347,000 ​ ​ Accrued interest receivable ​ ​ ​ ​ 314,174 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 314,174 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 325,539 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 612,290 ​ ​ Financial liabilities: ​ ​ ​ ​ ​ Deposits ​ ​ ​ ​ 113,330,856 ​ ​ ​ ​ ​ 13,940,853 ​ ​ ​ ​ ​ 99,414,003 ​ ​ ​ ​ ​ — ​ ​ Federal Home Loan Bank advances ​ ​ ​ ​ 8,000,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 8,063,000 ​ ​ ​ Accrued interest payable ​ ​ ​ ​ 6,137 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,137 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ Fair Value Measurements Using ​ ​ ​ ​ Carrying ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ At December 31, 2014: ​ ​ ​ ​ ​ Financial assets: ​ ​ ​ ​ ​ Cash and cash equivalents ​ ​ ​ $ 13,444,597 ​ ​ ​ ​ $ 13,444,597 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ FHLB Stock ​ ​ ​ ​ 1,078,900 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,078,900 ​ ​ ​ ​ ​ — ​ ​ Loans held for sale ​ ​ ​ ​ 48,300 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 48,300 ​ ​ ​ Loans, net of allowance for loan losses ​ ​ ​ ​ 89,479,525 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 89,756,000 ​ ​ Accrued interest receivable ​ ​ ​ ​ 302,777 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 302,777 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 317,912 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 526,647 ​ ​ Financial liabilities: ​ ​ ​ ​ ​ Deposits ​ ​ ​ ​ 98,493,112 ​ ​ ​ ​ ​ 11,730,674 ​ ​ ​ ​ ​ 86,842,438 ​ ​ ​ ​ ​ — ​ ​ Federal Home Loan Bank advances ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 10,098,000 ​ ​ ​ ​ ​ — ​ ​ Accrued interest payable ​ ​ ​ ​ 6,256 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,256 ​ ​ ​ ​ ​ — ​ ​ The following methods were used to estimate the fair value of all other financial instruments recognized in the accompanying consolidated balance sheets at amounts other than fair value. Cash and Cash Equivalents The carrying amount approximates fair value. Loans Held For Sale The carrying amount approximates fair value due to the insignificant time between origination and date of sale. The carrying amount is the amount funded and accrued interest. Loans, Net of Allowance for Loan Losses Fair value is estimated by discounting the future cash flows using the market rates at which similar notes would be made to borrowers with similar credit ratings and for the same remaining maturities. The market rates used are based on current rates the Banks would impose for similar loans and reflect a market participant assumption about risks associated with nonperformance, illiquidity, and the structure and term of the loans along with local economic and market conditions. Accrued Interest Receivable and Payable The carrying amount approximates fair value. The carrying amount is determined using the interest rate, balance and last payment date. Deposits Fair value of term deposits is estimated by discounting the future cash flows using rates of similar deposits with similar maturities. The market rates used were obtained from a knowledgeable independent third party and reviewed by the Company. The rates were the average of current rates offered by local competitors of the Company. The estimated fair value of demand, savings and money market deposits is the book value since rates are regularly adjusted to market rates and amounts are payable on demand at the reporting date. Federal Home Loan Bank Advances Fair value is estimated by discounting the future cash flows using rates of similar advances with similar maturities. These rates were obtained from current rates offered by the FHLB.

Significant Estimates and Conce

Significant Estimates and Concentrations	12 Months Ended
	Dec. 31, 2015
Significant Estimates and Concentrations
Significant Estimates and Concentrations	Note 13: Significant Estimates and Concentrations Accounting principles generally accepted in the United States of America require disclosure of certain significant estimates and current vulnerabilities due to certain concentrations. Estimates related to the allowance for loan losses are reflected in the footnote regarding loans. Current vulnerabilities due to certain concentrations of credit risk are discussed in the footnote on commitments and credit risk. Significant estimates associated with financial instruments are discussed in the footnote on fair value of financial instruments.

Commitments and Credit Risk

Commitments and Credit Risk	12 Months Ended
	Dec. 31, 2015
Commitments and Credit Risk
Commitments and Credit Risk	Note 14: Commitments and Credit Risk The Company maintains off-balance sheet investments in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Loan 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. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized, if any, in the balance sheet. The Company’s maximum exposure to loan loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the face amount of these instruments. Commitments to extend credit are recorded when they are funded and standby letters of credit are carried at fair value. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Collateral, such as accounts receivable, securities, inventory, property and equipment, is generally obtained based on management’s credit assessment of the borrower. Fair value of the Company’s off-balance-sheet instruments (commitments to extend credit and standby letters of credit) is based on rates currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. At December 31, 2015 and 2014, the rates on existing off-balance-sheet instruments were equivalent to current market rates, considering the underlying credit standing of the counterparties. Loan commitments and standby letters of credit outstanding as December 31, 2015 and 2014, were as follows: ​ ​ ​ 2015 ​ ​ 2014 ​ Commitments to extend credit – variable rate ​ ​ ​ $ 15,520,785 ​ ​ ​ ​ $ 14,687,657 ​ ​ Commitments to extend credit – fixed rate ​ ​ ​ ​ 3,372,791 ​ ​ ​ ​ ​ 5,402,290 ​ ​ Standby letters of credit ​ ​ ​ ​ 80,000 ​ ​ ​ ​ ​ 10,000 ​ ​

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2015
Recent Accounting Pronouncements
Recent Accounting Pronouncements	Note 15: Recent Accounting Pronouncements In May 2014, the FASB issued ASU2014-09, “Revenue from contracts with Customers” (Topic 606) In April 2015, the Financial Accounting Standards Board (FASB) issued ASU2015-03 “Interest-imputation of interest” (Subtopic 835-30) In September 2015, the FASB issued ASU 2015-16, “Business Combinations: Simplifying the Accounting for Measurement — Period Adjustments (Topic 805)”. In January 2016, the FASB issued ASU 2016-1, “Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities”.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Note 16: Earnings (Loss) Per Share Earnings (loss) per share amount is based on the weighted average number of shares outstanding for the period and the net loss applicable to common stockholders. ESOP shares are excluded from shares outstanding until they have been committed to be released. ​ ​ ​ December 31, 2015 ​ ​ December 31, 2014 ​ Net Income (Loss) ​ ​ ​ $ 42,138 ​ ​ ​ ​ $ (816,273 ) ​ ​ Shares outstanding for basic EPS: ​ ​ ​ Average shares outstanding ​ ​ ​ ​ 667,898 ​ ​ ​ ​ ​ 640,450 ​ ​ Less: Average unearned ESOP shares ​ ​ ​ ​ 50,309 ​ ​ ​ ​ ​ 50,245 ​ ​ ​ ​ ​ ​ ​ 617,589 ​ ​ ​ ​ ​ 590,205 ​ ​ Additional dilutive shares ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Shares outstanding for basic and diluted EPS ​ ​ ​ ​ 617,589 ​ ​ ​ ​ ​ 590,205 ​ ​ Basic and diluted income (loss) per share ​ ​ ​ $ 0.07 ​ ​ ​ ​ $ (1.38 ) ​ ​ ​

Condensed Financial Information

Condensed Financial Information (Parent Company Only)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Information (Parent Company Only)	Note 17: Condensed Financial Information (Parent Company Only) Presented below is condenses financial information as to the financial position, results of operations and cash flows of the company: Condensed Balance Sheet ​ ​ ​ 2015 ​ ​ 2014 ​ Assets ​ ​ ​ Cash and due from banks ​ ​ ​ $ 733,318 ​ ​ ​ ​ $ 1,059,374 ​ ​ Investment in bank ​ ​ ​ ​ 12,615,381 ​ ​ ​ ​ ​ 12,247,581 ​ ​ Other assets ​ ​ ​ ​ 28,177 ​ ​ ​ ​ ​ — ​ ​ Total assets ​ ​ ​ $ 13,376,876 ​ ​ ​ ​ $ 13,306,955 ​ ​ Liabilities ​ ​ ​ Other ​ ​ ​ ​ 4,814 ​ ​ ​ ​ ​ 3,495 ​ ​ ​ ​ ​ ​ ​ 4,814 ​ ​ ​ ​ ​ 3,495 ​ ​ Temporary Equity ​ ​ ​ ESOP shares subject to mandatory redemption ​ ​ ​ ​ 46,197 ​ ​ ​ ​ ​ 22,193 ​ ​ Stockholders’ Equity ​ ​ ​ ​ 13,325,865 ​ ​ ​ ​ ​ 13,281,267 ​ ​ Total liability and stockholders’ equity ​ ​ ​ $ 13,376,876 ​ ​ ​ ​ $ 13,306,955 ​ ​ ​ Condensed Statement of Operations and Comprehensive Loss ​ ​ ​ 2015 ​ ​ 2014 ​ Income ​ ​ ​ Other income ​ ​ ​ $ 7,071 ​ ​ ​ ​ $ 9,349 ​ ​ Expense ​ ​ ​ Other expenses ​ ​ ​ ​ 330,273 ​ ​ ​ ​ ​ 165,776 ​ ​ Loss Before Income Tax and Equity in Undistributed Income of Subsidiary ​ ​ ​ ​ (323,202 ) ​ ​ ​ ​ ​ (156,427 ) ​ ​ Income Tax Benefit ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Loss Before Equity in Undistributed Income (Loss) of Subsidiary ​ ​ ​ ​ (323,202 ) ​ ​ ​ ​ ​ (156,427 ) ​ ​ Equity in Undistributed Income (Loss) of Subsidiary ​ ​ ​ ​ 365,340 ​ ​ ​ ​ ​ (659,846 ) ​ ​ Net Income (Loss) ​ ​ ​ $ 42,138 ​ ​ ​ ​ $ (816,273 ) ​ ​ Comprehensive Income (Loss) ​ ​ ​ $ 44,598 ​ ​ ​ ​ $ (697,777 ) ​ ​ ​ Condensed Statement of Cash Flows ​ ​ ​ 2015 ​ ​ 2014 ​ Operating Activities ​ ​ ​ Net income (loss) ​ ​ ​ $ 42,138 ​ ​ ​ ​ $ (816,273 ) ​ ​ Items not requiring (providing) cash ​ ​ ​ Equity in undistributed (income) loss of subsidiary ​ ​ ​ ​ (365,340 ) ​ ​ ​ ​ ​ 659,846 ​ ​ Compensation expense on allocated ESOP shares ​ ​ ​ ​ 24,004 ​ ​ ​ ​ ​ 22,193 ​ ​ Change in other assets ​ ​ ​ ​ (28,177 ) ​ ​ ​ ​ ​ — ​ ​ Change in other liabilities ​ ​ ​ ​ 1,319 ​ ​ ​ ​ ​ 3,495 ​ ​ Net cash used in operating activities ​ ​ ​ ​ (326,056 ) ​ ​ ​ ​ ​ (130,739 ) ​ ​ Investing Activities ​ ​ ​ Investment in Bank ​ ​ ​ ​ — ​ ​ ​ ​ ​ (3,500,000 ) ​ ​ Financing Activities ​ ​ ​ Net proceeds from stock conversion ​ ​ ​ ​ — ​ ​ ​ ​ ​ 4,690,113 ​ ​ Net Change in Cash and Due From Banks ​ ​ ​ ​ (326,056 ) ​ ​ ​ ​ ​ 1,059,374 ​ ​ Cash and Due From Banks at Beginning of Year ​ ​ ​ ​ 1,059,374 ​ ​ ​ ​ ​ — ​ ​ Cash and Due From Banks at End of Year ​ ​ ​ $ 733,318 ​ ​ ​ ​ $ 1,059,374 ​ ​ ​

Plan of Conversion and Change i

Plan of Conversion and Change in Corporate Form	12 Months Ended
	Dec. 31, 2015
Plan of Conversion and Change in Corporate Form
Plan of Conversion and Change in Corporate Form	Note 18: Plan of Conversion and Change in Corporate Form On January 16, 2014, the Bank converted into a stock savings bank structure with the establishment of a stock holding company, Edgewater Bancorp, Inc. (Company), as parent of the Bank. The Bank converted to the stock form of ownership, followed by the issuance of all of the Bank’s outstanding stock to the Company. A total of 667,898 shares of the Company were issued at $10.00 per share for total gross offering proceeds of  $6,678,980. In addition, the Banks’s Board of Directors adopted an employee stock ownership plan (ESOP) which subscribed for 8% of the common stock sold in the offering, for a total of  $534,310. The Company is incorporated under the laws of the State of Maryland and owns all of the outstanding common stock of the Company. The conversion costs of issuing the common stock, approximately $1,455,000, were deducted from the sales proceeds of the offering. In accordance with federal regulations, at the time of the conversion, the Company established a parallel liquidation account. The liquidation account will be maintained for the benefit of eligible account holders who continue to maintain their accounts at the Bank after conversion. The liquidation account will be 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 eligible 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 conversion was accounted for as a change in corporate form with the historic basis of the Company’s assets, liabilities and equity unchanged as a result.

Nature of Operations and Summ27

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and fair values of financial instruments.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. At December 31, 2015 and 2014, the Company had no cash equivalents. At December 31, 2015, none of the Company’s cash accounts at nonfederal government or governmental related entities exceeded federally insured limits, which is $250,000 per covered institution.
Securities	Securities Certain debt securities that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and recorded at amortized cost. Securities not classified as held to maturity, including equity securities with readily determinable fair values, are classified as “available-for-sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. For debt securities with fair value below amortized cost when the Company does not intend to sell a debt security, and it is more likely than not the Company will not have to sell the security before recovery of its cost basis, it recognizes the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. For held-to-maturity debt securities, the amount of an other-than-temporary impairment recorded in other comprehensive income for the noncredit portion of a previous other-than-temporary impairment is amortized prospectively over the remaining life of the security on the basis of the timing of future estimated cash flows of the security.
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock Federal Home Loan Bank stock is a required investment for institutions that are members of the Federal Home Loan Bank system. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment.
Loans Held for Sale	Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to noninterest income. Gains and losses on loan sales are recorded in noninterest income, and direct loan origination costs and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, any unamortized deferred fees or costs on originated loans and unamortized premiums or discounts on purchased loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past-due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. There were no changed in the Company’s nonaccrual policy during the years ended December 31, 2015 and 2014. All interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is applied to the principal balance until the loan can be returned to an accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. For all loan portfolio segments, the Company promptly charges off loans, or portions thereof, when available information confirms that specific loans are uncollectible based on information that includes, but is not limited to, (1) the deteriorating financial condition of the borrower, (2) declining collateral values, and/or (3) legal action, including bankruptcy, that impairs the borrower’s ability to adequately meet its obligations. For impaired loans that are considered to be solely collateral dependent, a partial charge-off is recorded when a loss has been confirmed by an updated appraisal or other appropriate valuation of the collateral. When cash payments are received on impaired loans in each loan class, the Company records the payment as interest income unless collection of the remaining recorded principal amount is doubtful, at which time payments are used to reduce the principal balance of the loan. Troubled debt restructured loans recognize interest income on an accrual basis at the renegotiated rate if the loan is in compliance with the modified terms.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers nonclassified loans and is based on historical charge-off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company 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 commercial and construction loans by either the present value of expected future 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. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Accordingly, the Company does not separately identify individual consumer and residential loans for impairment measurements, unless such loans are the subject of a restructuring agreement due to financial difficulties of the borrower. In the course of working with borrowers, the Company may choose to restructure the contractual terms of certain loans. In restructuring the loan, the Company attempts to work out an alternative payment schedule with the borrower in order to optimize collectability of the loan. A troubled debt restructuring (TDR) occurs when, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession to the borrower that it would not otherwise consider. Terms may be modified to fit the ability of the borrower to repay in line with its current financial status, and the restructuring of the loan may include the transfer of assets from the borrower to satisfy the debt, a modification of loan terms, or a combination of the two. Nonaccrual loans, including TDRs that have not met the six month minimum performance criterion, are reported in this report as non-performing loans. For all loan classes, it is the Company’s policy to have any restructured loans which are on nonaccrual status prior to being restructured remain on nonaccrual status until six months of satisfactory borrower performance, at which time management would consider its return to accrual status. A loan is generally classified as nonaccrual when the Company believes that receipt of principal and interest is questionable under the terms of the loan agreement. Most generally, this is at 90 or more days past due. With regard to determination of the amount of the allowance for credit losses, restructured loans are considered to be impaired. As a result, the determination of the amount of impaired loans for each portfolio segment within troubled debt restructurings is the same as detailed previously above.
Premises and Equipment	Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets. The estimated useful lives for premises and equipment are as follows: ​ Buildings ​ ​ 39 years ​ ​ Building and land improvements ​ ​ 10 years ​ ​ Furniture, fixtures and equipment ​ ​ 3 – 7 years ​
Other Real Estate	Other Real Estate, Net Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net income or expense from other real estate.
Mortgage Servicing Rights	Mortgage Servicing Rights Mortgage servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance (ASC 860-50), servicing rights resulting from the sale or securitization of loans originated by the Company are initially measured at fair value at the date of transfer. The Company subsequently measures each class of servicing asset using either the fair value or the amortization method. Under the fair value method, which is used for mortgage servicing rights originated prior to 2011, the servicing rights are carried in the balance sheet at fair value and the changes in fair value are reported in earnings in the period in which the changes occur. Beginning in 2011, servicing rights derived from the sale of originated mortgage loans are measured using the amortization method. Under the amortization method, servicing rights are amortized in proportion to and over the period of estimated net servicing income. The amortized assets are assessed for impairment or increased obligation based on fair value at each reporting date. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may have an adverse impact on the value of the mortgage servicing right and may result in a reduction to noninterest income. Each class of separately recognized servicing assets subsequently measured using the amortization method are evaluated and measured for impairment. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the carrying amount of the servicing assets for that tranche. The valuation allowance is adjusted to reflect changes in the measurement of impairment after the initial measurement of impairment. Changes in valuation allowances, if any, are reported with mortgage banking activities on the statements of operations. Fair value in excess of the carrying amount of servicing assets for that stratum is not recognized. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights and servicing fee income are included with mortgage banking activities on the statements of operations.
Off-Balance Sheet Instruments	Off-Balance Sheet Instruments In the ordinary course of business, the Company has entered into commitments under commercial letters of credit and standby letters of credit. Such financial instruments are recorded when they are funded.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company — put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740, Income Taxes Tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50%; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and information available at the reporting date and is subject to management’s judgment. With a few exceptions, the Company is no longer subject to U.S. federal, state and local or non-U.S. income tax examinations by tax authorities for years before 2012. The Company recognizes interest and penalties, if any, on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiary.
Comprehensive Loss	Comprehensive Income (Loss) Comprehensive income (loss) consists of net other comprehensive income, net of applicable loss taxes. Other comprehensive income includes unrealized appreciation on available-for-sale securities.

Nature of Operations and Summ28

Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of estimated useful lives for premises and equipment	​ Buildings ​ ​ 39 years ​ ​ Building and land improvements ​ ​ 10 years ​ ​ Furniture, fixtures and equipment ​ ​ 3 – 7 years ​

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Securities
Schedule of the amortized cost and approximate fair values, together with gross unrealized gains and losses, of securities	​ ​ ​ 2015 ​ ​ ​ ​ Amortized ​ ​ Gross ​ ​ Gross ​ ​ Fair Value ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 5,952,239 ​ ​ ​ ​ $ 925 ​ ​ ​ ​ $ 28,222 ​ ​ ​ ​ $ 5,924,942 ​ ​ State and political subdivisions ​ ​ ​ ​ 2,555,544 ​ ​ ​ ​ ​ 8,357 ​ ​ ​ ​ ​ 5,015 ​ ​ ​ ​ ​ 2,558,886 ​ ​ Mortgage-backed – Government-Sponsored Enterprise (GSE)-residential ​ ​ ​ ​ 2,566,762 ​ ​ ​ ​ ​ 14,222 ​ ​ ​ ​ ​ 10,728 ​ ​ ​ ​ ​ 2,570,256 ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 653,493 ​ ​ ​ ​ ​ 6,161 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 659,654 ​ ​ Total available-for-sale securities ​ ​ ​ $ 11,728,038 ​ ​ ​ ​ $ 29,665 ​ ​ ​ ​ $ 43,965 ​ ​ ​ ​ $ 11,713,738 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Amortized ​ ​ Gross ​ ​ Gross ​ ​ Fair ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 5,002,617 ​ ​ ​ ​ $ 3,230 ​ ​ ​ ​ $ 66,017 ​ ​ ​ ​ $ 4,939,830 ​ ​ State and political subdivisions ​ ​ ​ ​ 3,354,828 ​ ​ ​ ​ ​ 20,436 ​ ​ ​ ​ ​ 14,179 ​ ​ ​ ​ ​ 3,361,085 ​ ​ Mortgage-backed – Government-Sponsored Enterprise (GSE)-residential ​ ​ ​ ​ 3,357,163 ​ ​ ​ ​ ​ 32,790 ​ ​ ​ ​ ​ 5,951 ​ ​ ​ ​ ​ 3,384,002 ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 1,020,217 ​ ​ ​ ​ ​ 12,931 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,033,148 ​ ​ Total available-for-sale securities ​ ​ ​ $ 12,734,825 ​ ​ ​ ​ $ 69,387 ​ ​ ​ ​ $ 86,147 ​ ​ ​ ​ $ 12,718,065 ​ ​ ​
Schedule of the amortized cost and fair value of available-for-sale securities by contractual maturity	​ ​ ​ December 31, 2015 ​ ​ ​ ​ Amortized ​ ​ Fair ​ Within one year ​ ​ ​ $ 1,000,596 ​ ​ ​ ​ $ 1,004,319 ​ ​ After one through five years ​ ​ ​ ​ 7,507,187 ​ ​ ​ ​ ​ 7,479,509 ​ ​ ​ ​ ​ ​ ​ 8,507,783 ​ ​ ​ ​ ​ 8,483,828 ​ ​ Mortgage-backed – GSE residential ​ ​ ​ ​ 2,566,762 ​ ​ ​ ​ ​ 2,570,256 ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 653,493 ​ ​ ​ ​ ​ 659,654 ​ ​ ​ ​ ​ ​ $ 11,728,038 ​ ​ ​ ​ $ 11,713,738 ​ ​ ​
Schedule of the Company's investments' gross unrealized losses and fair value of the Company's investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment class and length of time that individual securities have been in a continuous unrealized loss position	​ ​ ​ 2015 ​ ​ ​ ​ Less than 12 Months ​ ​ 12 Months or Longer ​ ​ Total ​ ​ ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ U.S. Government and federal ​ ​ ​ $ 3,524,074 ​ ​ ​ ​ $ 19,656 ​ ​ ​ ​ $ 990,379 ​ ​ ​ ​ $ 8,566 ​ ​ ​ ​ $ 4,514,453 ​ ​ ​ ​ $ 28,222 ​ ​ State and political subdivisions ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 494,985 ​ ​ ​ ​ ​ 5,015 ​ ​ ​ ​ ​ 494,985 ​ ​ ​ ​ ​ 5,015 ​ ​ Mortgage-backed – GSE residential residential ​ ​ ​ ​ 1,602,805 ​ ​ ​ ​ ​ 10,728 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,602,805 ​ ​ ​ ​ ​ 10,728 ​ ​ ​ ​ ​ ​ $ 5,126,879 ​ ​ ​ ​ $ 30,384 ​ ​ ​ ​ $ 1,485,364 ​ ​ ​ ​ $ 13,581 ​ ​ ​ ​ $ 6,612,243 ​ ​ ​ ​ $ 43,965 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Less than 12 Months ​ ​ 12 Months or Longer ​ ​ Total ​ ​ ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ ​ Fair ​ ​ Gross ​ Available-for-sale securities: ​ ​ ​ ​ ​ ​ ​ U.S. Government and federal ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 3,492,139 ​ ​ ​ ​ $ 66,017 ​ ​ ​ ​ $ 3,492,139 ​ ​ ​ ​ $ 66,017 ​ ​ State and political subdivisions ​ ​ ​ ​ 804,572 ​ ​ ​ ​ ​ 2,604 ​ ​ ​ ​ ​ 488,425 ​ ​ ​ ​ ​ 11,575 ​ ​ ​ ​ ​ 1,292,997 ​ ​ ​ ​ ​ 14,179 ​ ​ Mortgage-backed – GSE-residential ​ ​ ​ ​ ​ ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 1,281,645 ​ ​ ​ ​ ​ 5,951 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,281,645 ​ ​ ​ ​ ​ 5,951 ​ ​ ​ ​ ​ ​ $ 2,086,217 ​ ​ ​ ​ $ 8,555 ​ ​ ​ ​ $ 3,980,564 ​ ​ ​ ​ $ 77,592 ​ ​ ​ ​ $ 6,066,781 ​ ​ ​ ​ $ 86,147 ​ ​ ​

Loans and Allowance for Loan 30

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of classes of loans	​ ​ ​ 2015 ​ ​ 2014 ​ Real estate loans: ​ ​ ​ Residential 1 – 4 family ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $ 45,353,599 ​ ​ Commercial Real Estate ​ ​ ​ ​ 32,374,013 ​ ​ ​ ​ ​ 27,908,662 ​ ​ Construction and land development ​ ​ ​ ​ 1,975,842 ​ ​ ​ ​ ​ 1,523,281 ​ ​ Total real estate ​ ​ ​ ​ 79,752,286 ​ ​ ​ ​ ​ 74,785,542 ​ ​ Commercial and industrial ​ ​ ​ ​ 8,147,480 ​ ​ ​ ​ ​ 5,536,805 ​ ​ Warehouse line ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ — ​ ​ Consumer loans: ​ ​ ​ Home equity loans and lines of credit ​ ​ ​ ​ 9,003,016 ​ ​ ​ ​ ​ 9,331,608 ​ ​ Other consumer loans ​ ​ ​ ​ 1,101,856 ​ ​ ​ ​ ​ 883,864 ​ ​ Total consumer ​ ​ ​ ​ 10,104,872 ​ ​ ​ ​ ​ 10,215,472 ​ ​ Gross loans ​ ​ ​ ​ 108,004,638 ​ ​ ​ ​ ​ 90,537,819 ​ ​ Net deferred loan costs ​ ​ ​ ​ (26,191 ) ​ ​ ​ ​ ​ (17,057 ) ​ ​ Allowance for loan losses ​ ​ ​ ​ 1,075,374 ​ ​ ​ ​ ​ 1,075,351 ​ ​ Net loans ​ ​ ​ $ 106,955,455 ​ ​ ​ ​ $ 89,479,525 ​ ​ ​
Schedule of activity in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method	​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Commercial ​ ​ Warehouse ​ ​ Consumer ​ ​ Total ​ Allowance for loan losses ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ ​ $ 222,618 ​ ​ ​ ​ $ 503,621 ​ ​ ​ ​ $ 248,388 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 100,724 ​ ​ ​ ​ $ 1,075,351 ​ ​ Provision (credit) for loan ​ ​ ​ ​ 101,517 ​ ​ ​ ​ ​ 59,817 ​ ​ ​ ​ ​ (179,051 ) ​ ​ ​ ​ ​ 60,787 ​ ​ ​ ​ ​ 21,930 ​ ​ ​ ​ ​ 65,000 ​ ​ Loans charged to the allowance ​ ​ ​ ​ (570 ) ​ ​ ​ ​ ​ (62,015 ) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (18,657 ) ​ ​ ​ ​ ​ (81,242 ) ​ ​ Recoveries of loans previously charged off ​ ​ ​ ​ 13,665 ​ ​ ​ ​ ​ 2,600 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 16,265 ​ ​ Balance, end of year ​ ​ ​ $ 337,230 ​ ​ ​ ​ $ 504,023 ​ ​ ​ ​ $ 69,337 ​ ​ ​ ​ $ 60,787 ​ ​ ​ ​ $ 103,997 ​ ​ ​ ​ $ 1,075,374 ​ ​ Ending balance: individually evaluated for impairment ​ ​ ​ $ 13,969 ​ ​ ​ ​ $ 302 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 372 ​ ​ ​ ​ $ 14,643 ​ ​ Ending balance: collectively evaluated for impairment ​ ​ ​ $ 323,261 ​ ​ ​ ​ $ 503,721 ​ ​ ​ ​ $ 69,337 ​ ​ ​ ​ $ 60,787 ​ ​ ​ ​ $ 103,625 ​ ​ ​ ​ $ 1,060,731 ​ ​ Loans: ​ ​ ​ ​ ​ ​ ​ Ending balance ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $ 34,349,855 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 10,104,872 ​ ​ ​ ​ $ 108,004,638 ​ ​ Ending balance individually evaluated for impairment ​ ​ ​ $ 2,051,278 ​ ​ ​ ​ $ 315,658 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 122,809 ​ ​ ​ ​ $ 2,489,745 ​ ​ Ending balance collectively evaluated for impairment ​ ​ ​ $ 43,351,153 ​ ​ ​ ​ $ 34,034,197 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 9,982,063 ​ ​ ​ ​ $ 105,514,893 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Commercial ​ ​ Warehouse ​ ​ Consumer ​ ​ Total ​ Allowance for loan losses ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ ​ ​ $ 188,325 ​ ​ ​ ​ $ 587,331 ​ ​ ​ ​ $ 138,268 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 147,217 ​ ​ ​ ​ $ 1,061,141 ​ ​ Provision (credit) for loan ​ ​ ​ ​ 58,217 ​ ​ ​ ​ ​ (174,664 ) ​ ​ ​ ​ ​ 110,120 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,327 ​ ​ ​ ​ ​ — ​ ​ Loans charged to the allowance ​ ​ ​ ​ (27,134 ) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (73,220 ) ​ ​ ​ ​ ​ (100,354 ) ​ ​ Recoveries of loans previously charged off ​ ​ ​ ​ 3,210 ​ ​ ​ ​ ​ 90,954 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 20,400 ​ ​ ​ ​ ​ 114,564 ​ ​ Balance, end of year ​ ​ ​ $ 222,618 ​ ​ ​ ​ $ 503,621 ​ ​ ​ ​ $ 248,388 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 100,724 ​ ​ ​ ​ $ 1,075,351 ​ ​ Ending balance: individually evaluated for impairment ​ ​ ​ $ 16,325 ​ ​ ​ ​ $ 644 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 533 ​ ​ ​ ​ $ 17,502 ​ ​ Ending balance: collectively evaluated for impairment ​ ​ ​ $ 206,293 ​ ​ ​ ​ $ 502,977 ​ ​ ​ ​ $ 248,388 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 100,191 ​ ​ ​ ​ $ 1,057,849 ​ ​ Loans: ​ ​ ​ ​ ​ ​ ​ Ending balance ​ ​ ​ $ 45,353,599 ​ ​ ​ ​ $ 29,431,943 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 10,215,472 ​ ​ ​ ​ $ 90,537,819 ​ ​ Ending balance individually evaluated for impairment ​ ​ ​ $ 2,727,712 ​ ​ ​ ​ $ 1,356,103 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 152,879 ​ ​ ​ ​ $ 4,236,694 ​ ​ Ending balance collectively evaluated for impairment ​ ​ ​ $ 42,625,887 ​ ​ ​ ​ $ 28,075,840 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 10,062,593 ​ ​ ​ ​ $  86,301,125 ​ ​ ​
Schedule of credit risk profile of the Bank's loan portfolio based on internal rating category and payment activity	​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Other ​ ​ Total ​ Pass (1 – 5) ​ ​ ​ $ 44,838,588 ​ ​ ​ ​ $ 30,037,894 ​ ​ ​ ​ $ 1,966,182 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 9,003,016 ​ ​ ​ ​ $ 1,101,856 ​ ​ ​ ​ $ 105,095,016 ​ ​ Special Mention (6) ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,553,936 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,553,936 ​ ​ Substandard (7) ​ ​ ​ ​ 563,843 ​ ​ ​ ​ ​ 782,183 ​ ​ ​ ​ ​ 9,660 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,355,686 ​ ​ Doubtful (8) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Loss (9) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Total ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $ 32,374,013 ​ ​ ​ ​ $ 1,975,842 ​ ​ ​ ​ $ 8,147,480 ​ ​ ​ ​ $ 10,000,000 ​ ​ ​ ​ $ 9,003,016 ​ ​ ​ ​ $ 1,101,856 ​ ​ ​ ​ $ 108,004,638 ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Other ​ ​ Total ​ Pass (1 – 5) ​ ​ ​ $ 44,618,696 ​ ​ ​ ​ $ 25,726,754 ​ ​ ​ ​ $ 1,344,107 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 9,321,255 ​ ​ ​ ​ $   883,864 ​ ​ ​ ​ $   87,431,481 ​ ​ Special Mention (6) ​ ​ ​ ​ — ​ ​ ​ ​ ​ 219,157 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 219,157 ​ ​ Substandard (7) ​ ​ ​ ​ 734,903 ​ ​ ​ ​ ​ 1,962,751 ​ ​ ​ ​ ​ 179,174 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 10,353 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,887,181 ​ ​ Doubtful (8) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Loss (9) ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Total ​ ​ ​ $ 45,353,599 ​ ​ ​ ​ $ 27,908,662 ​ ​ ​ ​ $ 1,523,281 ​ ​ ​ ​ $ 5,536,805 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 9,331,608 ​ ​ ​ ​ $ 883,864 ​ ​ ​ ​ $ 90,537,819 ​ ​ ​
Schedule of the Bank's loan portfolio aging analysis of the recorded investment in loans	​ ​ ​ 2015 ​ ​ ​ ​ 30 – 59 Days ​ ​ 60 – 89 Days ​ ​ Greater ​ ​ Total ​ ​ Current ​ ​ Total ​ ​ Total Loans ​ Residential 1 – 4 family ​ ​ ​ $ 1,124,518 ​ ​ ​ ​ $ 312,454 ​ ​ ​ ​ $ 555,497 ​ ​ ​ ​ $ 1,992,469 ​ ​ ​ ​ $ 43,409,962 ​ ​ ​ ​ $ 45,402,431 ​ ​ ​ ​ $  — ​ ​ Commercial real estate ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ 32,364,298 ​ ​ ​ ​ ​ 32,374,013 ​ ​ ​ ​ ​ — ​ ​ Construction and land ​ ​ ​ ​ — ​ ​ ​ ​ ​ 23,118 ​ ​ ​ ​ ​ 9,660 ​ ​ ​ ​ ​ 32,778 ​ ​ ​ ​ ​ 1,943,064 ​ ​ ​ ​ ​ 1,975,842 ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ 99,541 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 99,541 ​ ​ ​ ​ ​ 8,047,939 ​ ​ ​ ​ ​ 8,147,480 ​ ​ ​ ​ ​ — ​ ​ Warehouse Line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ 72,128 ​ ​ ​ ​ ​ 10,288 ​ ​ ​ ​ ​ 8,309 ​ ​ ​ ​ ​ 90,725 ​ ​ ​ ​ ​ 8,912,291 ​ ​ ​ ​ ​ 9,003,016 ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,852 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,852 ​ ​ ​ ​ ​ 1,099,004 ​ ​ ​ ​ ​ 1,101,856 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 1,305,902 ​ ​ ​ ​ $ 348,712 ​ ​ ​ ​ $ 573,466 ​ ​ ​ ​ $ 2,228,080 ​ ​ ​ ​ $ 105,776,558 ​ ​ ​ ​ $ 108,004,638 ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ 30 – 59 Days ​ ​ 60 – 89 Days ​ ​ Greater ​ ​ Total ​ ​ Current ​ ​ Total ​ ​ Total Loans ​ Residential 1-4 family ​ ​ ​ $ 1,147,797 ​ ​ ​ ​ $ 557,817 ​ ​ ​ ​ $ 734,903 ​ ​ ​ ​ $ 2,440,517 ​ ​ ​ ​ $  42,913,082 ​ ​ ​ ​ $  45,353,599 ​ ​ ​ ​ $  — ​ ​ Commercial real estate ​ ​ ​ ​ 11,782 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 11,782 ​ ​ ​ ​ ​ 27,896,880 ​ ​ ​ ​ ​ 27,908,662 ​ ​ ​ ​ ​ — ​ ​ Construction and land ​ ​ ​ ​ 27,817 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 21,972 ​ ​ ​ ​ ​ 49,789 ​ ​ ​ ​ ​ 1,473,492 ​ ​ ​ ​ ​ 1,523,281 ​ ​ ​ ​ ​ — ​ ​ Commercial and ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 5,536,805 ​ ​ ​ ​ ​ 5,536,805 ​ ​ ​ ​ ​ — ​ ​ Warehouse Line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ 54,224 ​ ​ ​ ​ ​ 25,601 ​ ​ ​ ​ ​ 10,353 ​ ​ ​ ​ ​ 90,178 ​ ​ ​ ​ ​ 9,241,430 ​ ​ ​ ​ ​ 9,331,608 ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,057 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,057 ​ ​ ​ ​ ​ 877,807 ​ ​ ​ ​ ​ 883,864 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 1,241,620 ​ ​ ​ ​ $ 589,475 ​ ​ ​ ​ $ 767,228 ​ ​ ​ ​ $ 2,598,323 ​ ​ ​ ​ $ 87,939,496 ​ ​ ​ ​ $ 90,537,819 ​ ​ ​ ​ $ — ​ ​ ​
Schedule of impaired loans and specific valuation allowance based on class level	​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Impaired loans without a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ $ 848,467 ​ ​ ​ ​ $ 273,166 ​ ​ ​ ​ $ — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 79,097 ​ ​ ​ ​ $ 1,200,730 ​ ​ Unpaid principal balance ​ ​ ​ ​ 921,718 ​ ​ ​ ​ ​ 273,166 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 79,097 ​ ​ ​ ​ ​ 1,273,981 ​ ​ Impaired loans with a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 1,202,811 ​ ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ 32,777 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 43,712 ​ ​ ​ ​ ​ 1,289,015 ​ ​ Unpaid principal balance ​ ​ ​ ​ 1,259,063 ​ ​ ​ ​ ​ 11,111 ​ ​ ​ ​ ​ 36,696 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 45,687 ​ ​ ​ ​ ​ 1,352,557 ​ ​ Specific allowance ​ ​ ​ ​ 13,969 ​ ​ ​ ​ ​ 129 ​ ​ ​ ​ ​ 173 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 372 ​ ​ ​ ​ ​ 14,643 ​ ​ Total impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 2,051,278 ​ ​ ​ ​ ​ 282,881 ​ ​ ​ ​ ​ 32,777 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 122,809 ​ ​ ​ ​ ​ 2,489,745 ​ ​ Unpaid principal balance ​ ​ ​ ​ 2,180,781 ​ ​ ​ ​ ​ 284,277 ​ ​ ​ ​ ​ 36,696 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 124,784 ​ ​ ​ ​ ​ 2,626,538 ​ ​ Specific allowance ​ ​ ​ ​ 13,969 ​ ​ ​ ​ ​ 129 ​ ​ ​ ​ ​ 173 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 372 ​ ​ ​ ​ ​ 14,643 ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Impaired loans without a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ $ 1,396,878 ​ ​ ​ ​ $ 1,003,575 ​ ​ ​ ​ $ 290,956 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 86,296 ​ ​ ​ ​ $ 2,777,705 ​ ​ Unpaid principal balance ​ ​ ​ ​ 1,475,218 ​ ​ ​ ​ ​ 1,121,615 ​ ​ ​ ​ ​ 304,827 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 92,277 ​ ​ ​ ​ ​ 2,993,937 ​ ​ Impaired loans with a specific allowance: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 1,330,834 ​ ​ ​ ​ ​ 11,782 ​ ​ ​ ​ ​ 49,790 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 66,583 ​ ​ ​ ​ ​ 1,458,989 ​ ​ Unpaid principal balance ​ ​ ​ ​ 1,373,484 ​ ​ ​ ​ ​ 12,700 ​ ​ ​ ​ ​ 56,120 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 69,627 ​ ​ ​ ​ ​ 1,511,931 ​ ​ Specific allowance ​ ​ ​ ​ 16,325 ​ ​ ​ ​ ​ 46 ​ ​ ​ ​ ​ 598 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 533 ​ ​ ​ ​ ​ 17,502 ​ ​ Total impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ Recorded investment ​ ​ ​ ​ 2,727,712 ​ ​ ​ ​ ​ 1,015,357 ​ ​ ​ ​ ​ 340,746 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 152,879 ​ ​ ​ ​ ​ 4,236,694 ​ ​ Unpaid principal balance ​ ​ ​ ​ 2,848,702 ​ ​ ​ ​ ​ 1,134,315 ​ ​ ​ ​ ​ 360,947 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 161,904 ​ ​ ​ ​ ​ 4,505,868 ​ ​ Specific allowance ​ ​ ​ ​ 16,325 ​ ​ ​ ​ ​ 46 ​ ​ ​ ​ ​ 598 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 533 ​ ​ ​ ​ ​ 17,502 ​ ​
Schedule of average recorded investment and interest income recognized on impaired loans by portfolio class	​ ​ ​ 2015 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Average recorded investment in impaired loans ​ ​ ​ $ 1,920,676 ​ ​ ​ ​ $   290,494 ​ ​ ​ ​ $ 38,295 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 127,281 ​ ​ ​ ​ ​  2,376,746 ​ ​ Interest income recognized ​ ​ ​ ​ 23,914 ​ ​ ​ ​ ​ 15,554 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,614 ​ ​ ​ ​ ​ 42,082 ​ ​ Interest income recognized on a cash basis ​ ​ ​ ​ 23,798 ​ ​ ​ ​ ​ 15,328 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,614 ​ ​ ​ ​ ​ 41,740 ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Residential ​ ​ Commercial ​ ​ Construction ​ ​ Commercial ​ ​ Warehouse ​ ​ Home ​ ​ Total ​ Average recorded investment in impaired loans ​ ​ ​ $ 2,394,222 ​ ​ ​ ​ $ 1,078,123 ​ ​ ​ ​ $ 330,360 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 137,430 ​ ​ ​ ​ $ 3,940,135 ​ ​ Interest income recognized ​ ​ ​ ​ 38,882 ​ ​ ​ ​ ​ 16,369 ​ ​ ​ ​ ​ 5,945 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 303 ​ ​ ​ ​ ​ 61,499 ​ ​ Interest income recognized on a cash basis ​ ​ ​ ​ 38,748 ​ ​ ​ ​ ​ 16,369 ​ ​ ​ ​ ​ 5,945 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 303 ​ ​ ​ ​ ​ 61,365 ​ ​
Schedule of the Bank's nonaccrual loans	​ ​ ​ 2015 ​ ​ 2014 ​ Residential 1 – 4 family ​ ​ ​ $ 1,233,905 ​ ​ ​ ​ $ 1,811,649 ​ ​ Commercial real estate ​ ​ ​ ​ 9,715 ​ ​ ​ ​ ​ 729,032 ​ ​ Construction and land ​ ​ ​ ​ 32,777 ​ ​ ​ ​ ​ 206,991 ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse Line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ 43,712 ​ ​ ​ ​ ​ 150,511 ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 1,320,109 ​ ​ ​ ​ $ 2,898,183 ​ ​ ​
Schedule of newly classified troubled debt restructurings	​ ​ ​ 2015 ​ ​ 2014 ​ ​ ​ ​ Number ​ ​ Pre- ​ ​ Post ​ ​ Number ​ ​ Pre- ​ ​ Post ​ Residential 1 – 4 family ​ ​ ​ ​ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ 3 ​ ​ ​ ​ $ 418,350 ​ ​ ​ ​ $ 418,350 ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ ​ 3 ​ ​ ​ ​ $ 418,350 ​ ​ ​ ​ $ 418,350 ​ ​ ​
Schedule of newly restructured loans by type of modification	​ ​ ​ 2015 ​ ​ ​ ​ Interest ​ ​ Term ​ ​ Combination ​ ​ Total ​ Residential 1 – 4 family ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ ​ ​ 2014 ​ ​ ​ ​ Interest ​ ​ Term ​ ​ Combination ​ ​ Total ​ Residential 1 – 4 family ​ ​ ​ $ 93,832 ​ ​ ​ ​ $ 61,000 ​ ​ ​ ​ $ 263,518 ​ ​ ​ ​ $ 418,350 ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ $ 93,832 ​ ​ ​ ​ $ 61,000 ​ ​ ​ ​ $ 263,518 ​ ​ ​ ​ $ 418,350 ​ ​ ​
Schedule of troubled debt restructurings modified in the past 12 months that subsequently defaulted	​ ​ ​ 2015 ​ ​ 2014 ​ ​ ​ ​ Number of ​ ​ Recorded ​ ​ Number of ​ ​ Recorded ​ Residential 1 – 4 family ​ ​ ​ ​ — ​ ​ ​ ​ $ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ — ​ ​ Commercial real estate ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1 ​ ​ ​ ​ ​ 214,736 ​ ​ Construction and land development ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Commercial and industrial ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Warehouse line ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Home equity ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Other consumer ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​  — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​  — ​ ​ ​ ​ $  — ​ ​ ​ ​ ​ 1 ​ ​ ​ ​ $ 214,736 ​ ​ ​
Schedule of activity in the allowance for loan losses by portfolio segment	​ ​ ​ 2015 ​ ​ 2014 ​ Balance, January 1, ​ ​ ​ $ 1,746,535 ​ ​ ​ ​ $ 96,059 ​ ​ New loans and advances on lines ​ ​ ​ ​ 535,893 ​ ​ ​ ​ ​ 1,043,733 ​ ​ Repayments ​ ​ ​ ​ (540,712 ) ​ ​ ​ ​ ​ (667,229 ) ​ ​ Other, newly established related party ​ ​ ​ ​ 648,108 ​ ​ ​ ​ ​ 1,273,972 ​ ​ Balance, December 31, ​ ​ ​ $ 2,389,824 ​ ​ ​ ​ $ 1,746,535 ​ ​ Balance available on lines of credit or loan commitments ​ ​ ​ ​ 290,558 ​ ​ ​ ​ ​ 558,191 ​ ​

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Premises and Equipment
Schedule of major classifications of premises and equipment, stated at cost	​ ​ ​ 2015 ​ ​ 2014 ​ Land ​ ​ ​ $ 864,420 ​ ​ ​ ​ $ 864,420 ​ ​ Land improvements ​ ​ ​ ​ 322,809 ​ ​ ​ ​ ​ 322,809 ​ ​ Building and improvements ​ ​ ​ ​ 4,513,402 ​ ​ ​ ​ ​ 4,509,902 ​ ​ Furniture, fixtures and equipment ​ ​ ​ ​ 3,326,148 ​ ​ ​ ​ ​ 3,651,942 ​ ​ Total cost ​ ​ ​ ​ 9,026,779 ​ ​ ​ ​ ​ 9,349,073 ​ ​ Accumulated depreciation ​ ​ ​ ​ (5,420,609 ) ​ ​ ​ ​ ​ (5,436,782 ) ​ ​ Net premises and equipment ​ ​ ​ $ 3,606,170 ​ ​ ​ ​ $ 3,912,291 ​ ​ ​

Loan Servicing (Tables)

Loan Servicing (Tables)	12 Months Ended
	Dec. 31, 2015
Loan Servicing
Summary of activity pertaining to mortgage servicing rights measured using the amortization method.	​ ​ ​ 2015 ​ ​ 2014 ​ Balance, beginning of year ​ ​ ​ $ 317,912 ​ ​ ​ ​ $ 364,999 ​ ​ Additions ​ ​ ​ ​ 130,638 ​ ​ ​ ​ ​ 59,732 ​ ​ Amortization ​ ​ ​ ​ (123,011 ) ​ ​ ​ ​ ​ (106,819 ) ​ ​ Balance, end of year ​ ​ ​ $ 325,539 ​ ​ ​ ​ $ 317,912 ​ ​ Fair value as of the beginning of the year ​ ​ ​ $ 526,647 ​ ​ ​ ​ $ 543,975 ​ ​ Fair value as of the end of year ​ ​ ​ ​ 612,290 ​ ​ ​ ​ ​ 526,647 ​ ​
Summary of activity in mortgage servicing rights measured using the fair value method	​ ​ ​ 2015 ​ ​ 2014 ​ Balance, beginning of year ​ ​ ​ $ 114,193 ​ ​ ​ ​ $ 148,171 ​ ​ Additions ​ ​ ​ Change in fair value adjusted through earnings ​ ​ ​ ​ (31,017 ) ​ ​ ​ ​ ​ (33,978 ) ​ ​ Balance, end of year ​ ​ ​ $ 83,176 ​ ​ ​ ​ $ 114,193 ​ ​ ​

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits
Schedule of deposits	​ ​ ​ 2015 ​ ​ 2014 ​ Non-interest bearing demand deposits ​ ​ ​ $ 13,940,853 ​ ​ ​ ​ $ 11,730,674 ​ ​ Interest bearing deposits ​ ​ ​ ​ 37,751,724 ​ ​ ​ ​ ​ 24,528,025 ​ ​ Money market ​ ​ ​ ​ 20,465,720 ​ ​ ​ ​ ​ 20,350,496 ​ ​ Savings accounts ​ ​ ​ ​ 13,660,368 ​ ​ ​ ​ ​ 15,027,699 ​ ​ Certificates of deposit ​ ​ ​ ​ 27,512,191 ​ ​ ​ ​ ​ 26,856,218 ​ ​ Total deposits ​ ​ ​ $ 113,330,856 ​ ​ ​ ​ $ 98,493,112 ​ ​ ​
Schedule of maturities of time deposits	​ 2016 ​ ​ ​ $ 16,197,851 ​ ​ ​ 2017 ​ ​ ​ ​ 6,781,620 ​ ​ ​ 2018 ​ ​ ​ ​ 1,640,662 ​ ​ ​ 2019 ​ ​ ​ ​ 1,193,638 ​ ​ ​ 2020 ​ ​ ​ ​ 1,668,727 ​ ​ ​ Thereafter ​ ​ ​ ​ 29,692 ​ ​ ​ Total ​ ​ ​ $ 27,512,191 ​ ​ ​

Federal Home Loan Bank Advanc34

Federal Home Loan Bank Advances (Tables)	12 Months Ended
	Dec. 31, 2015
Advances from Federal Home Loan Banks [Abstract]
Schedule of maturities on advances	​ 2016 ​ ​ ​ $ 2,000,000 ​ ​ ​ 2017 ​ ​ ​ ​ 2,000,000 ​ ​ ​ 2018 ​ ​ ​ ​ 2,000,000 ​ ​ ​ 2019 ​ ​ ​ ​ 2,000,000 ​ ​ ​ Total ​ ​ ​ $ 8,000,000 ​ ​ ​

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of components of provision (credit) for income taxes	​ ​ ​ 2015 ​ ​ 2014 ​ Taxes currently payable ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ Deferred income taxes ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Income tax expense (benefit) ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​
Schedule of reconciliation of income tax expense at the statutory rate to the Company's actual income tax expense	​ ​ ​ 2015 ​ ​ 2014 ​ Computed at the statutory rate (34%) ​ ​ ​ $ 14,321 ​ ​ ​ ​ $ (277,533 ) ​ ​ Increase (decrease) resulting from ​ ​ ​ Tax exempt interest ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Changes in the deferred tax asset valuation allowance ​ ​ ​ ​ (21,238 ) ​ ​ ​ ​ ​ 252,896 ​ ​ Other ​ ​ ​ ​ 6,917 ​ ​ ​ ​ ​ 24,637 ​ ​ Actual tax expense (benefit) ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​
Schedule of tax effects of temporary differences related to deferred taxes	​ ​ ​ 2015 ​ ​ 2014 ​ Deferred tax assets ​ ​ ​ Allowance for loan losses ​ ​ ​ $ 432,755 ​ ​ ​ ​ $ 48,592 ​ ​ Valuation of other real estate ​ ​ ​ ​ 1,673 ​ ​ ​ ​ ​ 1,729 ​ ​ Net operating loss carryforward ​ ​ ​ ​ 3,119,906 ​ ​ ​ ​ ​ 3,169,105 ​ ​ Charitable contribution carryforward ​ ​ ​ ​ 22,605 ​ ​ ​ ​ ​ 26,665 ​ ​ Unrealized loss on available-for-sale securities ​ ​ ​ ​ 4,862 ​ ​ ​ ​ ​ 5,698 ​ ​ Other ​ ​ ​ ​ — ​ ​ ​ ​ ​ 216,299 ​ ​ Total assets ​ ​ ​ ​ 3,581,801 ​ ​ ​ ​ ​ 3,468,088 ​ ​ Deferred tax liability ​ ​ ​ Depreciation ​ ​ ​ ​ (170,778 ) ​ ​ ​ ​ ​ (197,153 ) ​ ​ Deferred loan fees ​ ​ ​ ​ (8,941 ) ​ ​ ​ ​ ​ (5,900 ) ​ ​ FHLB stock dividends ​ ​ ​ ​ (23,065 ) ​ ​ ​ ​ ​ (36,742 ) ​ ​ Other ​ ​ ​ ​ (171,961 ) ​ ​ ​ ​ ​ — ​ ​ Total liabilities ​ ​ ​ ​ (374,745 ) ​ ​ ​ ​ ​ (239,795 ) ​ ​ Net deferred tax asset before valuation allowance ​ ​ ​ ​ 3,207,056 ​ ​ ​ ​ ​ 3,228,293 ​ ​ Valuation allowance ​ ​ ​ Beginning balance ​ ​ ​ ​ (3,228,293 ) ​ ​ ​ ​ ​ (3,082,165 ) ​ ​ Increase during the period ​ ​ ​ ​ 21,237 ​ ​ ​ ​ ​ (146,128 ) ​ ​ Ending balance ​ ​ ​ ​ (3,207,056 ) ​ ​ ​ ​ ​ (3,228,293 ) ​ ​ Net deferred tax asset (liability) ​ ​ ​ $ — ​ ​ ​ ​ $ —

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2015
Regulatory Matters
Schedule of Company's actual capital amounts and ratios	​ ​ ​ Actual ​ ​ Minimum Amount (2) ​ ​ Minimum Amount (1) ​ ​ ​ ​ Amount ​ ​ Ratio ​ ​ Amount ​ ​ Ratio ​ ​ Amount ​ ​ Ratio ​ December 31, 2015 ​ ​ ​ ​ ​ ​ ​ Total capital (1) ​ ​ ​ $ 13,701 ​ ​ ​ ​ ​ 15.37 % ​ ​ ​ ​ $ 7,133 ​ ​ ​ ​ ​ 8.00 % ​ ​ ​ ​ $ 8,916 ​ ​ ​ ​ ​ 10.00 % ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,626 ​ ​ ​ ​ ​ 14.16 ​ ​ ​ ​ ​ 5,350 ​ ​ ​ ​ ​ 6.00 ​ ​ ​ ​ ​ 7,133 ​ ​ ​ ​ ​ 8.00 ​ ​ Common Equity Tier I capital (1) ​ ​ ​ ​ 12,630 ​ ​ ​ ​ ​ 14.16 ​ ​ ​ ​ ​ 4,012 ​ ​ ​ ​ ​ 4.50 ​ ​ ​ ​ ​ 5,795 ​ ​ ​ ​ ​ 6.50 ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,630 ​ ​ ​ ​ ​ 9.42 ​ ​ ​ ​ ​ 5,364 ​ ​ ​ ​ ​ 4.00 ​ ​ ​ ​ ​ 6,705 ​ ​ ​ ​ ​ 5.00 ​ ​ December 31, 2014 ​ ​ ​ ​ ​ ​ ​ Total capital (1) ​ ​ ​ $ 13,188 ​ ​ ​ ​ ​ 17.87 % ​ ​ ​ ​ $ 5,904 ​ ​ ​ ​ ​ 8.00 % ​ ​ ​ ​ $ 7,380 ​ ​ ​ ​ ​ 10.00 % ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,264 ​ ​ ​ ​ ​ 16.62 ​ ​ ​ ​ ​ 2,952 ​ ​ ​ ​ ​ 4.00 ​ ​ ​ ​ ​ 4,428 ​ ​ ​ ​ ​ 6.00 ​ ​ Tier I capital (1) ​ ​ ​ ​ 12,264 ​ ​ ​ ​ ​ 10.03 ​ ​ ​ ​ ​ 4,893 ​ ​ ​ ​ ​ 4.00 ​ ​ ​ ​ ​ 6,116 ​ ​ ​ ​ ​ 5.00 ​ ​ ​ (1) As defined by regulatory agencies

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Dec. 31, 2015
Employee Benefits
Schedule of ESOP shares	​ ​ ​ 2015 ​ ​ 2014 ​ Released Shares ​ ​ ​ ​ 2,141 ​ ​ ​ ​ ​ — ​ ​ Shares committed for release ​ ​ ​ ​ 2,137 ​ ​ ​ ​ ​ 2,186 ​ ​ Unreleased shares ​ ​ ​ ​ 49,153 ​ ​ ​ ​ ​ 51,245 ​ ​ Total ​ ​ ​ ​ 53,431 ​ ​ ​ ​ ​ 53,431 ​ ​ Fair value of unreleased shares ​ ​ ​ $ 675,854 ​ ​ ​ ​ $ 520,137 ​ ​

Disclosures About Fair Value 38

Disclosures About Fair Value of Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosures About Fair Value of Assets and Liabilities
Schedule of fair value measurements of assets measured at fair value on a recurring basis	​ ​ ​ December 31, 2015 ​ Assets ​ ​ Fair Value ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 5,924,942 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 5,924,942 ​ ​ ​ ​ $ — ​ ​ State and political subdivisions ​ ​ ​ ​ 2,558,886 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,558,886 ​ ​ ​ ​ ​ — ​ ​ Mortgage-backed – GSE residential ​ ​ ​ ​ 2,570,256 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,570,256 ​ ​ ​ ​ ​ — ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 659,654 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 659,654 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 83,176 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 83,176 ​ ​ ​ ​ ​ December 31, 2014 ​ Assets ​ ​ Fair ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ Available-for-sale securities: ​ ​ ​ ​ ​ U.S. Government and federal agency ​ ​ ​ $ 4,939,830 ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 4,939,830 ​ ​ ​ ​ $ — ​ ​ State and political subdivisions ​ ​ ​ ​ 3,361,085 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 3,361,085 ​ ​ ​ ​ ​ — ​ ​ Mortgage-backed – GSE residential ​ ​ ​ ​ 3,384,002 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 3,384,002 ​ ​ ​ ​ ​ — ​ ​ Collateralized mortgage obligations – GSE ​ ​ ​ ​ 1,033,148 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,033,148 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 114,193 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 114,193 ​ ​
Schedule of reconciliation of the beginning and ending balances of recurring fair value measurements recognized using significant unobservable (Level 3) inputs	​ ​ ​ 2015 ​ ​ 2014 ​ Balance, beginning of year ​ ​ ​ $ 114,193 ​ ​ ​ ​ $ 148,171 ​ ​ Total changes in fair value included in earnings ​ ​ ​ ​ (31,017 ) ​ ​ ​ ​ ​ (33,978 ) ​ ​ Balance, end of year ​ ​ ​ $ 83,176 ​ ​ ​ ​ $ 114,193 ​ ​ ​
Schedule of fair value measurement of assets and liabilities measured at fair value on a nonrecurring basis	​ ​ ​ Fair Value Measurements Using ​ Assets ​ ​ Fair Value ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ December 31, 2015 ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 202,100 ​ ​ ​ ​ $  — ​ ​ ​ ​ $  — ​ ​ ​ ​ $ 202,100 ​ ​ Collateral-dependent impaired loans, Net of ALLL ​ ​ ​ ​ 1,274,372 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,274,372 ​ ​ December 31, 2014 ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 190,000 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 190,000 ​ ​ Collateral-dependent impaired loans Net of ALLL ​ ​ ​ ​ 1,441,487 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,441,487 ​ ​
Schedule of quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements other than goodwill	​ ​ ​ Fair Value ​ ​ Valuation ​ ​ Unobservable Inputs ​ ​ Weighted ​ At December 31, 2015: ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 202,100 ​ ​ ​ Market ​ ​ Comparability ​ ​ Not available ​ Collateral-dependent impaired loans, net of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage servicing rights ​ ​ ​ ​ 83,176 ​ ​ ​ Discounted ​ ​ Constant ​ ​ 8.8% – 16% (11.9%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Probability ​ ​ 1% – 8% (2.9%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount rate ​ ​ 5.6% – 12.0% (10.4%) ​ At December 31, 2014: ​ ​ ​ ​ ​ Other real estate owned ​ ​ ​ $ 190,000 ​ ​ ​ Market ​ ​ Comparability ​ ​ Not available ​ Collateral-dependent impaired loans, net of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage servicing rights ​ ​ ​ ​ 114,193 ​ ​ ​ Discounted ​ ​ Constant ​ ​ 8.5% – 16% (11.2%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Probability ​ ​ 1% – 8% (2.1%) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount rate ​ ​ 7.6% – 13.0% (10.4%) ​
Schedule of estimated fair values of the Company's financial instruments	​ ​ ​ Fair Value Measurements Using ​ ​ ​ ​ Carrying ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ At December 31, 2015: ​ ​ ​ ​ ​ Financial assets: ​ ​ ​ ​ ​ Cash and cash equivalents ​ ​ ​ $ 10,906,893 ​ ​ ​ ​ $ 10,906,893 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ FHLB Stock ​ ​ ​ ​ 686,200 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 686,200 ​ ​ ​ ​ ​ — ​ ​ Loans, net of allowance for loan ​ ​ ​ ​ 106,955,455 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 107,347,000 ​ ​ Accrued interest receivable ​ ​ ​ ​ 314,174 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 314,174 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 325,539 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 612,290 ​ ​ Financial liabilities: ​ ​ ​ ​ ​ Deposits ​ ​ ​ ​ 113,330,856 ​ ​ ​ ​ ​ 13,940,853 ​ ​ ​ ​ ​ 99,414,003 ​ ​ ​ ​ ​ — ​ ​ Federal Home Loan Bank advances ​ ​ ​ ​ 8,000,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 8,063,000 ​ ​ ​ Accrued interest payable ​ ​ ​ ​ 6,137 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,137 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ Fair Value Measurements Using ​ ​ ​ ​ Carrying ​ ​ Quoted Prices in ​ ​ Significant ​ ​ Significant ​ At December 31, 2014: ​ ​ ​ ​ ​ Financial assets: ​ ​ ​ ​ ​ Cash and cash equivalents ​ ​ ​ $ 13,444,597 ​ ​ ​ ​ $ 13,444,597 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ FHLB Stock ​ ​ ​ ​ 1,078,900 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 1,078,900 ​ ​ ​ ​ ​ — ​ ​ Loans held for sale ​ ​ ​ ​ 48,300 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 48,300 ​ ​ ​ Loans, net of allowance for loan losses ​ ​ ​ ​ 89,479,525 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 89,756,000 ​ ​ Accrued interest receivable ​ ​ ​ ​ 302,777 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 302,777 ​ ​ ​ ​ ​ — ​ ​ Mortgage servicing rights ​ ​ ​ ​ 317,912 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 526,647 ​ ​ Financial liabilities: ​ ​ ​ ​ ​ Deposits ​ ​ ​ ​ 98,493,112 ​ ​ ​ ​ ​ 11,730,674 ​ ​ ​ ​ ​ 86,842,438 ​ ​ ​ ​ ​ — ​ ​ Federal Home Loan Bank advances ​ ​ ​ ​ 10,000,000 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 10,098,000 ​ ​ ​ ​ ​ — ​ ​ Accrued interest payable ​ ​ ​ ​ 6,256 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 6,256 ​ ​ ​ ​ ​ — ​ ​

Commitments and Credit Risk (Ta

Commitments and Credit Risk (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Credit Risk
Schedule of loan commitments and standby letters of credit outstanding	​ ​ ​ 2015 ​ ​ 2014 ​ Commitments to extend credit – variable rate ​ ​ ​ $ 15,520,785 ​ ​ ​ ​ $ 14,687,657 ​ ​ Commitments to extend credit – fixed rate ​ ​ ​ ​ 3,372,791 ​ ​ ​ ​ ​ 5,402,290 ​ ​ Standby letters of credit ​ ​ ​ ​ 80,000 ​ ​ ​ ​ ​ 10,000 ​ ​

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of earning per share	​ ​ ​ December 31, 2015 ​ ​ December 31, 2014 ​ Net Income (Loss) ​ ​ ​ $ 42,138 ​ ​ ​ ​ $ (816,273 ) ​ ​ Shares outstanding for basic EPS: ​ ​ ​ Average shares outstanding ​ ​ ​ ​ 667,898 ​ ​ ​ ​ ​ 640,450 ​ ​ Less: Average unearned ESOP shares ​ ​ ​ ​ 50,309 ​ ​ ​ ​ ​ 50,245 ​ ​ ​ ​ ​ ​ ​ 617,589 ​ ​ ​ ​ ​ 590,205 ​ ​ Additional dilutive shares ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Shares outstanding for basic and diluted EPS ​ ​ ​ ​ 617,589 ​ ​ ​ ​ ​ 590,205 ​ ​ Basic and diluted income (loss) per share ​ ​ ​ $ 0.07 ​ ​ ​ ​ $ (1.38 ) ​ ​ ​

Condensed Financial Informati41

Condensed Financial Information (Parent Company Only) (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Statement of condensed balance sheet	Condensed Balance Sheet ​ ​ ​ 2015 ​ ​ 2014 ​ Assets ​ ​ ​ Cash and due from banks ​ ​ ​ $ 733,318 ​ ​ ​ ​ $ 1,059,374 ​ ​ Investment in bank ​ ​ ​ ​ 12,615,381 ​ ​ ​ ​ ​ 12,247,581 ​ ​ Other assets ​ ​ ​ ​ 28,177 ​ ​ ​ ​ ​ — ​ ​ Total assets ​ ​ ​ $ 13,376,876 ​ ​ ​ ​ $ 13,306,955 ​ ​ Liabilities ​ ​ ​ Other ​ ​ ​ ​ 4,814 ​ ​ ​ ​ ​ 3,495 ​ ​ ​ ​ ​ ​ ​ 4,814 ​ ​ ​ ​ ​ 3,495 ​ ​ Temporary Equity ​ ​ ​ ESOP shares subject to mandatory redemption ​ ​ ​ ​ 46,197 ​ ​ ​ ​ ​ 22,193 ​ ​ Stockholders’ Equity ​ ​ ​ ​ 13,325,865 ​ ​ ​ ​ ​ 13,281,267 ​ ​ Total liability and stockholders’ equity ​ ​ ​ $ 13,376,876 ​ ​ ​ ​ $ 13,306,955 ​ ​ ​
Statement of condensed operations and comprehensive income	Condensed Statement of Operations and Comprehensive Loss ​ ​ ​ 2015 ​ ​ 2014 ​ Income ​ ​ ​ Other income ​ ​ ​ $ 7,071 ​ ​ ​ ​ $ 9,349 ​ ​ Expense ​ ​ ​ Other expenses ​ ​ ​ ​ 330,273 ​ ​ ​ ​ ​ 165,776 ​ ​ Loss Before Income Tax and Equity in Undistributed Income of Subsidiary ​ ​ ​ ​ (323,202 ) ​ ​ ​ ​ ​ (156,427 ) ​ ​ Income Tax Benefit ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ Loss Before Equity in Undistributed Income (Loss) of Subsidiary ​ ​ ​ ​ (323,202 ) ​ ​ ​ ​ ​ (156,427 ) ​ ​ Equity in Undistributed Income (Loss) of Subsidiary ​ ​ ​ ​ 365,340 ​ ​ ​ ​ ​ (659,846 ) ​ ​ Net Income (Loss) ​ ​ ​ $ 42,138 ​ ​ ​ ​ $ (816,273 ) ​ ​ Comprehensive Income (Loss) ​ ​ ​ $ 44,598 ​ ​ ​ ​ $ (697,777 ) ​ ​ ​
Statement of condensed cash flow	Condensed Statement of Cash Flows ​ ​ ​ 2015 ​ ​ 2014 ​ Operating Activities ​ ​ ​ Net income (loss) ​ ​ ​ $ 42,138 ​ ​ ​ ​ $ (816,273 ) ​ ​ Items not requiring (providing) cash ​ ​ ​ Equity in undistributed (income) loss of subsidiary ​ ​ ​ ​ (365,340 ) ​ ​ ​ ​ ​ 659,846 ​ ​ Compensation expense on allocated ESOP shares ​ ​ ​ ​ 24,004 ​ ​ ​ ​ ​ 22,193 ​ ​ Change in other assets ​ ​ ​ ​ (28,177 ) ​ ​ ​ ​ ​ — ​ ​ Change in other liabilities ​ ​ ​ ​ 1,319 ​ ​ ​ ​ ​ 3,495 ​ ​ Net cash used in operating activities ​ ​ ​ ​ (326,056 ) ​ ​ ​ ​ ​ (130,739 ) ​ ​ Investing Activities ​ ​ ​ Investment in Bank ​ ​ ​ ​ — ​ ​ ​ ​ ​ (3,500,000 ) ​ ​ Financing Activities ​ ​ ​ Net proceeds from stock conversion ​ ​ ​ ​ — ​ ​ ​ ​ ​ 4,690,113 ​ ​ Net Change in Cash and Due From Banks ​ ​ ​ ​ (326,056 ) ​ ​ ​ ​ ​ 1,059,374 ​ ​ Cash and Due From Banks at Beginning of Year ​ ​ ​ ​ 1,059,374 ​ ​ ​ ​ ​ — ​ ​ Cash and Due From Banks at End of Year ​ ​ ​ $ 733,318 ​ ​ ​ ​ $ 1,059,374 ​ ​ ​

Nature of Operations and Summ42

Nature of Operations and Summary of Significant Accounting Policies - Estimated useful lives for premises and equipment (Details)	12 Months Ended
	Dec. 31, 2015
Buildings
Property, Plant and Equipment [Line Items]
Estimated useful lives	39 years
Building and land improvements
Property, Plant and Equipment [Line Items]
Estimated useful lives	10 years
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives	3- 7 years

Nature of Operations and Summ43

Nature of Operations and Summary of Significant Accounting Policies (Detail Textuals)	Jan. 16, 2014$ / sharesshares	Jan. 16, 2014USD ($)$ / sharesshares
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Shares issued to new company | shares	667,898
Issue price of common stock (in dollars per share) | $ / shares	$ 10	$ 10
Plan of Conversion and Reorganization
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Shares issued to new company | shares		667,898
Issue price of common stock (in dollars per share) | $ / shares	$ 10	$ 10
Offering costs | $		$ 1,455,000
Proceeds from Issuance of Common Stock | $		$ 4,690,000
Shares of common stock purchased under employee stock ownership plan (in shares) | shares		53,431
Purchase price (in dollars per share) | $ / shares		$ 10

Nature of Operations and Summ44

Nature of Operations and Summary of Significant Accounting Policies (Detail Textuals 1)	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash equivalents	$ 0	$ 0
Number of cash accounts of the company at nonfederal government or governmental related entities, which exceeded federally insured limits | item	0
Federally insured limits per covered institution	$ 250,000
Minimum period of performance criterion for nonaccrual loans including TDRs	6 months

Restriction on Cash and Due F45

Restriction on Cash and Due From Banks (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Restriction on Cash and Due From Banks
Reserve required	$ 757,000	$ 486,000

Securities (Details)

Securities (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Amortized cost and approximate fair values of investment securities
Amortized Cost	$ 11,728,038	$ 12,734,825
Gross Unrealized Gains	29,665	69,387
Gross Unrealized Losses	43,965	86,147
Fair Value	11,713,738	12,718,065
U.S. Government and federal agency
Amortized cost and approximate fair values of investment securities
Amortized Cost	5,952,239	5,002,617
Gross Unrealized Gains	925	3,230
Gross Unrealized Losses	28,222	66,017
Fair Value	5,924,942	4,939,830
State and political subdivisions
Amortized cost and approximate fair values of investment securities
Amortized Cost	2,555,544	3,354,828
Gross Unrealized Gains	8,357	20,436
Gross Unrealized Losses	5,015	14,179
Fair Value	2,558,886	3,361,085
Mortgage-backed - GSE-residential Sponsored Enterprise (GSE)-residential
Amortized cost and approximate fair values of investment securities
Amortized Cost	2,566,762	3,357,163
Gross Unrealized Gains	14,222	32,790
Gross Unrealized Losses	10,728	5,951
Fair Value	2,570,256	3,384,002
Collateralized mortgage obligations - GSE
Amortized cost and approximate fair values of investment securities
Amortized Cost	653,493	1,020,217
Gross Unrealized Gains	$ 6,161	$ 12,931
Gross Unrealized Losses
Fair Value	$ 659,654	$ 1,033,148

Securities (Details 1)

Securities (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Amortized Cost
Within one year	$ 1,000,596
After one through five years	7,507,187
Total	8,507,783
Totals	11,728,038	$ 12,734,825
Fair Value
Within one year	1,004,319
After one through five years	7,479,509
Total	8,483,828
Totals	11,713,738	12,718,065
Mortgage-backed - GSE residential
Amortized Cost
Totals	2,566,762	3,357,163
Fair Value
Totals	2,570,256	3,384,002
Collateralized debt obligations
Amortized Cost
Totals	653,493	1,020,217
Fair Value
Totals	$ 659,654	$ 1,033,148

Securities (Details 2)

Securities (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value
Less than 12 Months	$ 5,126,879	$ 2,086,217
12 Months or More	1,485,364	3,980,564
Total	6,612,243	6,066,781
Gross Unrealized Losses
Less than 12 Months	30,384	8,555
12 Months or Longer	13,581	77,592
Total	43,965	$ 86,147
U.S. Government and federal agency
Fair Value
Less than 12 Months	3,524,074
12 Months or More	990,379	$ 3,492,139
Total	4,514,453	$ 3,492,139
Gross Unrealized Losses
Less than 12 Months	19,656
12 Months or Longer	8,566	$ 66,017
Total	$ 28,222	66,017
State and political subdivisions
Fair Value
Less than 12 Months		804,572
12 Months or More	$ 494,985	488,425
Total	$ 494,985	1,292,997
Gross Unrealized Losses
Less than 12 Months		2,604
12 Months or Longer	$ 5,015	11,575
Total	5,015	14,179
Mortgage-backed - GSE residential
Fair Value
Less than 12 Months	$ 1,602,805	$ 1,281,645
12 Months or More
Total	$ 1,602,805	$ 1,281,645
Gross Unrealized Losses
Less than 12 Months	$ 10,728	$ 5,951
12 Months or Longer
Total	$ 10,728	$ 5,951

Securities (Detail Textuals)

Securities (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Securities
Carrying value of securities pledged as collateral to secure public deposits and for other purposes	$ 246,401	$ 345,931
Sales of securities available for sale	0	0
Debt securities reported at an amount less than their historical cost	$ 6,612,243	$ 6,066,781
Debt securities reported at an amount less than their historical cost as a percentage of the company's investment portfolio	56.00%	48.00%

Loans and Allowance for Loan 50

Loans and Allowance for Loan Losses (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ 1,075,374	$ 1,075,351
Total loans, net	106,955,455	89,479,525
Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	108,004,638	90,537,819
Net deferred loan costs	(26,191)	(17,057)
Allowance for loan losses	1,075,374	1,075,351	$ 1,061,141
Total loans, net	106,955,455	89,479,525
Loans Receivable | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	79,752,286	74,785,542
Loans Receivable | Residential 1- 4 family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	45,402,431	45,353,599
Allowance for loan losses	337,230	222,618	188,325
Loans Receivable | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	32,374,013	27,908,662
Loans Receivable | Construction and Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,975,842	1,523,281
Loans Receivable | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	8,147,480	5,536,805
Allowance for loan losses	69,337	$ 248,388	$ 138,268
Loans Receivable | Warehouse line
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	10,000,000
Allowance for loan losses	60,787
Loans Receivable | Total consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	10,104,872	$ 10,215,472
Allowance for loan losses	103,997	100,724	$ 147,217
Loans Receivable | Home equity loans and lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	9,003,016	9,331,608
Loans Receivable | Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 1,101,856	$ 883,864

Loans and Allowance for Loan 51

Loans and Allowance for Loan Losses (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses
Balance, beginning of year	$ 1,075,351
Provision (credit) for loan losses	65,000
Balance, end of year	1,075,374	$ 1,075,351
Loans Receivable
Allowance for loan losses
Balance, beginning of year	1,075,351	$ 1,061,141
Provision (credit) for loan losses	65,000
Loans charged to the allowance	(81,242)	$ (100,354)
Recoveries of loans previously charged off	16,265	114,564
Balance, end of year	1,075,374	1,075,351
Ending balance: individually evaluated for impairment	14,643	17,502
Ending balance: collectively evaluated for impairment	1,060,731	1,057,849
Loans:
Ending balance	108,004,638	90,537,819
Ending balance individually evaluated for impairment	2,489,745	4,236,694
Ending balance collectively evaluated for impairment	105,514,893	86,301,125
Loans Receivable | Residential 1- 4 family
Allowance for loan losses
Balance, beginning of year	222,618	188,325
Provision (credit) for loan losses	101,517	58,217
Loans charged to the allowance	(570)	(27,134)
Recoveries of loans previously charged off	13,665	3,210
Balance, end of year	337,230	222,618
Ending balance: individually evaluated for impairment	13,969	16,325
Ending balance: collectively evaluated for impairment	323,261	206,293
Loans:
Ending balance	45,402,431	45,353,599
Ending balance individually evaluated for impairment	2,051,278	2,727,712
Ending balance collectively evaluated for impairment	43,351,153	42,625,887
Loans Receivable | Commercial Real Estate
Allowance for loan losses
Balance, beginning of year	503,621	587,331
Provision (credit) for loan losses	59,817	$ (174,664)
Loans charged to the allowance	(62,015)
Recoveries of loans previously charged off	2,600	$ 90,954
Balance, end of year	504,023	503,621
Ending balance: individually evaluated for impairment	302	644
Ending balance: collectively evaluated for impairment	503,721	502,977
Loans:
Ending balance	34,349,855	29,431,943
Ending balance individually evaluated for impairment	315,658	1,356,103
Ending balance collectively evaluated for impairment	34,034,197	28,075,840
Loans Receivable | Commercial and Industrial
Allowance for loan losses
Balance, beginning of year	248,388	138,268
Provision (credit) for loan losses	$ (179,051)	$ 110,120
Loans charged to the allowance
Recoveries of loans previously charged off
Balance, end of year	$ 69,337	$ 248,388
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	$ 69,337	$ 248,388
Loans:
Ending balance	$ 8,147,480	$ 5,536,805
Ending balance individually evaluated for impairment
Ending balance collectively evaluated for impairment	$ 8,147,480	$ 5,536,805
Loans Receivable | Warehouse line
Allowance for loan losses
Balance, beginning of year
Provision (credit) for loan losses	$ 60,787
Loans charged to the allowance
Recoveries of loans previously charged off
Balance, end of year	$ 60,787
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	$ 60,787
Loans:
Ending balance	$ 10,000,000
Ending balance individually evaluated for impairment
Ending balance collectively evaluated for impairment	$ 10,000,000
Loans Receivable | Consumer
Allowance for loan losses
Balance, beginning of year	100,724	$ 147,217
Provision (credit) for loan losses	21,930	6,327
Loans charged to the allowance	$ (18,657)	(73,220)
Recoveries of loans previously charged off		20,400
Balance, end of year	$ 103,997	100,724
Ending balance: individually evaluated for impairment	372	533
Ending balance: collectively evaluated for impairment	103,625	100,191
Loans:
Ending balance	10,104,872	10,215,472
Ending balance individually evaluated for impairment	122,809	152,879
Ending balance collectively evaluated for impairment	$ 9,982,063	$ 10,062,593

Loans and Allowance for Loan 52

Loans and Allowance for Loan Losses (Details 2) - Loans Receivable - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total	$ 108,004,638	$ 90,537,819
Pass
Financing Receivable, Recorded Investment [Line Items]
Total	105,095,016	87,431,481
Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	1,553,936	219,157
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,355,686	$ 2,887,181
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Residential 1 - 4 Family
Financing Receivable, Recorded Investment [Line Items]
Total	$ 45,402,431	$ 45,353,599
Residential 1 - 4 Family | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 44,838,588	$ 44,618,696
Residential 1 - 4 Family | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total
Residential 1 - 4 Family | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	$ 563,843	$ 734,903
Residential 1 - 4 Family | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Residential 1 - 4 Family | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total	$ 32,374,013	$ 27,908,662
Commercial Real Estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	30,037,894	25,726,754
Commercial Real Estate | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total	1,553,936	219,157
Commercial Real Estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	$ 782,183	$ 1,962,751
Commercial Real Estate | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial Real Estate | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Construction and Land
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,975,842	$ 1,523,281
Construction and Land | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,966,182	$ 1,344,107
Construction and Land | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total
Construction and Land | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total	$ 9,660	$ 179,174
Construction and Land | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Construction and Land | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Total	$ 8,147,480	$ 5,536,805
Commercial and Industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 8,147,480	$ 5,536,805
Commercial and Industrial | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial and Industrial | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Commercial and Industrial | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Warehouse line
Financing Receivable, Recorded Investment [Line Items]
Total	$ 10,000,000
Warehouse line | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 10,000,000
Warehouse line | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total
Warehouse line | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total
Warehouse line | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Warehouse line | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Home Equity
Financing Receivable, Recorded Investment [Line Items]
Total	$ 9,003,016	$ 9,331,608
Home Equity | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 9,003,016	$ 9,321,255
Home Equity | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total
Home Equity | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total		$ 10,353
Home Equity | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Home Equity | Loss
Financing Receivable, Recorded Investment [Line Items]
Total
Other Consumer
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,101,856	$ 883,864
Other Consumer | Pass
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,101,856	$ 883,864
Other Consumer | Special mention
Financing Receivable, Recorded Investment [Line Items]
Total
Other Consumer | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total
Other Consumer | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total
Other Consumer | Loss
Financing Receivable, Recorded Investment [Line Items]
Total

Loans and Allowance for Loan 53

Loans and Allowance for Loan Losses (Details 3) - Loans Receivable - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,228,080	$ 2,598,323
Current	105,776,558	87,939,496
Total Loans	$ 108,004,638	$ 90,537,819
Total Loans > 90 Days & Accruing
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,305,902	$ 1,241,620
60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	348,712	589,475
Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	573,466	767,228
Residential 1- 4 family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,992,469	2,440,517
Current	43,409,962	42,913,082
Total Loans	$ 45,402,431	$ 45,353,599
Total Loans > 90 Days & Accruing
Residential 1- 4 family | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,124,518	$ 1,147,797
Residential 1- 4 family | 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	312,454	557,817
Residential 1- 4 family | Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	555,497	734,903
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	9,715	11,782
Current	32,364,298	27,896,880
Total Loans	$ 32,374,013	$ 27,908,662
Total Loans > 90 Days & Accruing
Commercial real estate | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 9,715	$ 11,782
Commercial real estate | 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial real estate | Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Construction and Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 32,778	$ 49,789
Current	1,943,064	1,473,492
Total Loans	$ 1,975,842	$ 1,523,281
Total Loans > 90 Days & Accruing
Construction and Land | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		$ 27,817
Construction and Land | 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 23,118
Construction and Land | Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	9,660	$ 21,972
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	99,541
Current	8,047,939	$ 5,536,805
Total Loans	$ 8,147,480	$ 5,536,805
Total Loans > 90 Days & Accruing
Commercial and industrial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 99,541
Commercial and industrial | 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial and industrial | Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Warehouse line
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Current	$ 10,000,000
Total Loans	$ 10,000,000
Total Loans > 90 Days & Accruing
Warehouse line | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Warehouse line | 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Warehouse line | Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 90,725	$ 90,178
Current	8,912,291	9,241,430
Total Loans	$ 9,003,016	$ 9,331,608
Total Loans > 90 Days & Accruing
Home equity | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 72,128	$ 54,224
Home equity | 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	10,288	25,601
Home equity | Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8,309	10,353
Other Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,852	6,057
Current	1,099,004	877,807
Total Loans	$ 1,101,856	$ 883,864
Total Loans > 90 Days & Accruing
Other Consumer | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Other Consumer | 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,852	$ 6,057
Other Consumer | Greater Than 90 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due

Loans and Allowance for Loan 54

Loans and Allowance for Loan Losses (Details 4) - Loans Receivable - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Impaired loans without a specific allowance:
Recorded investment	$ 1,200,730	$ 2,777,705
Unpaid principal balance	1,273,981	2,993,937
Impaired loans with a specific allowance:
Recorded investment	1,289,015	1,458,989
Unpaid principal balance	1,352,557	1,511,931
Specific allowance	14,643	17,502
Total impaired loans:
Recorded investment	2,489,745	4,236,694
Unpaid principal balance	2,626,538	4,505,868
Specific allowance	14,643	17,502
Residential 1 - 4 Family
Impaired loans without a specific allowance:
Recorded investment	848,467	1,396,878
Unpaid principal balance	921,718	1,475,218
Impaired loans with a specific allowance:
Recorded investment	1,202,811	1,330,834
Unpaid principal balance	1,259,063	1,373,484
Specific allowance	13,969	16,325
Total impaired loans:
Recorded investment	2,051,278	2,727,712
Unpaid principal balance	2,180,781	2,848,702
Specific allowance	13,969	16,325
Commercial Real Estate
Impaired loans without a specific allowance:
Recorded investment	273,166	1,003,575
Unpaid principal balance	273,166	1,121,615
Impaired loans with a specific allowance:
Recorded investment	9,715	11,782
Unpaid principal balance	11,111	12,700
Specific allowance	129	46
Total impaired loans:
Recorded investment	282,881	1,015,357
Unpaid principal balance	284,277	1,134,315
Specific allowance	$ 129	46
Construction and Land
Impaired loans without a specific allowance:
Recorded investment		290,956
Unpaid principal balance		304,827
Impaired loans with a specific allowance:
Recorded investment	$ 32,777	49,790
Unpaid principal balance	36,696	56,120
Specific allowance	173	598
Total impaired loans:
Recorded investment	32,777	340,746
Unpaid principal balance	36,696	360,947
Specific allowance	$ 173	$ 598
Commercial and industrial
Impaired loans without a specific allowance:
Recorded investment
Unpaid principal balance
Impaired loans with a specific allowance:
Recorded investment
Unpaid principal balance
Specific allowance
Total impaired loans:
Recorded investment
Unpaid principal balance
Specific allowance
Warehouse line
Impaired loans without a specific allowance:
Recorded investment
Unpaid principal balance
Impaired loans with a specific allowance:
Recorded investment
Unpaid principal balance
Specific allowance
Total impaired loans:
Recorded investment
Unpaid principal balance
Specific allowance
Home Equity
Impaired loans without a specific allowance:
Recorded investment	$ 79,097	$ 86,296
Unpaid principal balance	79,097	92,277
Impaired loans with a specific allowance:
Recorded investment	43,712	66,583
Unpaid principal balance	45,687	69,627
Specific allowance	372	533
Total impaired loans:
Recorded investment	122,809	152,879
Unpaid principal balance	124,784	161,904
Specific allowance	$ 372	$ 533

Loans and Allowance for Loan 55

Loans and Allowance for Loan Losses (Details 5) - Loans Receivable - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Average recorded investment in impaired loans	$ 2,376,746	$ 3,940,135
Interest income recognized	42,082	61,499
Interest income recognized on a cash basis	41,740	61,365
Residential 1 - 4 Family
Financing Receivable, Impaired [Line Items]
Average recorded investment in impaired loans	1,920,676	2,394,222
Interest income recognized	23,914	38,882
Interest income recognized on a cash basis	23,798	38,748
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Average recorded investment in impaired loans	290,494	1,078,123
Interest income recognized	15,554	16,369
Interest income recognized on a cash basis	15,328	16,369
Construction and Land
Financing Receivable, Impaired [Line Items]
Average recorded investment in impaired loans	$ 38,295	330,360
Interest income recognized		5,945
Interest income recognized on a cash basis		$ 5,945
Commercial and Industrial
Financing Receivable, Impaired [Line Items]
Average recorded investment in impaired loans
Interest income recognized
Interest income recognized on a cash basis
Warehouse line
Financing Receivable, Impaired [Line Items]
Average recorded investment in impaired loans
Interest income recognized
Interest income recognized on a cash basis
Home Equity
Financing Receivable, Impaired [Line Items]
Average recorded investment in impaired loans	$ 127,281	$ 137,430
Interest income recognized	2,614	303
Interest income recognized on a cash basis	$ 2,614	$ 303

Loans and Allowance for Loan 56

Loans and Allowance for Loan Losses (Details 6) - Loans Receivable - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 1,320,109	$ 2,898,183
Residential 1- 4 family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	1,233,905	1,811,649
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	9,715	729,032
Construction and Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 32,777	$ 206,991
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total
Warehouse line
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total
Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 43,712	$ 150,511
Other consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total

Loans and Allowance for Loan 57

Loans and Allowance for Loan Losses (Details 7) - Loans Receivable [Member]	12 Months Ended
	Dec. 31, 2015USD ($)Loan	Dec. 31, 2014USD ($)Loan
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan		3
Pre-Modification Recorded Balance		$ 418,350
Post-Modification Recorded Balance		$ 418,350
Residential 1- 4 family
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan		3
Pre-Modification Recorded Balance		$ 418,350
Post-Modification Recorded Balance		$ 418,350
Commercial real estate
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Pre-Modification Recorded Balance
Post-Modification Recorded Balance
Construction and Land
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Pre-Modification Recorded Balance
Post-Modification Recorded Balance
Commercial and industrial
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Pre-Modification Recorded Balance
Post-Modification Recorded Balance
Warehouse line
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Pre-Modification Recorded Balance
Post-Modification Recorded Balance
Home equity
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Pre-Modification Recorded Balance
Post-Modification Recorded Balance
Other consumer
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Pre-Modification Recorded Balance
Post-Modification Recorded Balance

Loans and Allowance for Loan 58

Loans and Allowance for Loan Losses (Details 8) - Loans Receivable - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Modifications [Line Items]
Total Modification		$ 418,350
Residential 1- 4 family
Financing Receivable, Modifications [Line Items]
Total Modification		$ 418,350
Commercial real estate
Financing Receivable, Modifications [Line Items]
Total Modification
Construction and Land
Financing Receivable, Modifications [Line Items]
Total Modification
Commercial and industrial
Financing Receivable, Modifications [Line Items]
Total Modification
Warehouse line
Financing Receivable, Modifications [Line Items]
Total Modification
Home equity
Financing Receivable, Modifications [Line Items]
Total Modification
Other consumer
Financing Receivable, Modifications [Line Items]
Total Modification
Interest Only
Financing Receivable, Modifications [Line Items]
Total Modification		$ 93,832
Interest Only | Residential 1- 4 family
Financing Receivable, Modifications [Line Items]
Total Modification		$ 93,832
Interest Only | Commercial real estate
Financing Receivable, Modifications [Line Items]
Total Modification
Interest Only | Construction and Land
Financing Receivable, Modifications [Line Items]
Total Modification
Interest Only | Commercial and industrial
Financing Receivable, Modifications [Line Items]
Total Modification
Interest Only | Warehouse line
Financing Receivable, Modifications [Line Items]
Total Modification
Interest Only | Home equity
Financing Receivable, Modifications [Line Items]
Total Modification
Interest Only | Other consumer
Financing Receivable, Modifications [Line Items]
Total Modification
Term
Financing Receivable, Modifications [Line Items]
Total Modification		$ 61,000
Term | Residential 1- 4 family
Financing Receivable, Modifications [Line Items]
Total Modification		$ 61,000
Term | Commercial real estate
Financing Receivable, Modifications [Line Items]
Total Modification
Term | Construction and Land
Financing Receivable, Modifications [Line Items]
Total Modification
Term | Commercial and industrial
Financing Receivable, Modifications [Line Items]
Total Modification
Term | Warehouse line
Financing Receivable, Modifications [Line Items]
Total Modification
Term | Home equity
Financing Receivable, Modifications [Line Items]
Total Modification
Term | Other consumer
Financing Receivable, Modifications [Line Items]
Total Modification
Combination
Financing Receivable, Modifications [Line Items]
Total Modification		$ 263,518
Combination | Residential 1- 4 family
Financing Receivable, Modifications [Line Items]
Total Modification		$ 263,518
Combination | Commercial real estate
Financing Receivable, Modifications [Line Items]
Total Modification
Combination | Construction and Land
Financing Receivable, Modifications [Line Items]
Total Modification
Combination | Commercial and industrial
Financing Receivable, Modifications [Line Items]
Total Modification
Combination | Warehouse line
Financing Receivable, Modifications [Line Items]
Total Modification
Combination | Home equity
Financing Receivable, Modifications [Line Items]
Total Modification
Combination | Other consumer
Financing Receivable, Modifications [Line Items]
Total Modification

Loans and Allowance for Loan 59

Loans and Allowance for Loan Losses (Details 9) - Loans Receivable	12 Months Ended
	Dec. 31, 2015USD ($)Loan	Dec. 31, 2014USD ($)Loan
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan		1
Recorded Balance | $		$ 214,736
Residential 1- 4 family
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Recorded Balance | $
Commercial Real Estate
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan		1
Recorded Balance | $		$ 214,736
Construction and Land
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Recorded Balance | $
Commercial and industrial
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Recorded Balance | $
Warehouse line
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Recorded Balance | $
Home Equity
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Recorded Balance | $
Other consumer loans
Financing Receivable, Modifications [Line Items]
Number of Loans | Loan
Recorded Balance | $

Loans and Allowance for Loan 60

Loans and Allowance for Loan Losses (Details 10) - Loans Receivable - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, January 1,	$ 1,746,535	$ 96,059
New loans and advances on lines	535,893	1,043,733
Repayments	(540,712)	(667,229)
Other, newly established related party	648,108	1,273,972
Balance, December 31,	2,389,824	1,746,535
Balance available on lines of credit or loan commitments	$ 290,558	$ 558,191

Loans and Allowance for Loan 61

Loans and Allowance for Loan Losses (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum period of payment performance under existing or modified terms	6 months
Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Increase in the allowance for loan losses		$ 3,502
Charge offs in the troubled debt restructurings		19,937
Loans designated as TDRs which met the criteria for placement back on accrual status	$ 1,084,630	1,431,843
Minimum period of payment performance under existing or modified terms	6 months
Loans Receivable | Residential 1- 4 family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans designated as TDRs which met the criteria for placement back on accrual status	$ 732,385	1,009,396
Loans Receivable | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans designated as TDRs which met the criteria for placement back on accrual status	273,166	286,325
Loans Receivable | Construction and Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans designated as TDRs which met the criteria for placement back on accrual status		133,754
Loans Receivable | Home Equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans designated as TDRs which met the criteria for placement back on accrual status	$ 79,079	$ 2,368

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Premises and equipment
Total cost	$ 9,026,779	$ 9,349,073
Accumulated depreciation	(5,420,609)	(5,436,782)
Net premises and equipment	3,606,170	3,912,291
Land
Premises and equipment
Total cost	864,420	864,420
Land improvements
Premises and equipment
Total cost	322,809	322,809
Buildings and improvements
Premises and equipment
Total cost	4,513,402	4,509,902
Furniture, fixtures, and equipment
Premises and equipment
Total cost	$ 3,326,148	$ 3,651,942

Premises and Equipment (Detail

Premises and Equipment (Detail Textuals)	Dec. 31, 2015USD ($)
Premises and Equipment
Assets held for sale	$ 222,000

Loan Servicing (Details)

Loan Servicing (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Activity pertaining to mortgage servicing rights measured using the amortization method, along with the aggregate activity in related valuation allowances
Balance, beginning of year	$ 317,912	$ 364,999
Additions	130,638	59,732
Amortization	(123,011)	(106,819)
Balance, end of year	325,539	317,912
Fair value as of the beginning of the year	526,647	543,975
Fair value as of the end of year	$ 612,290	$ 526,647

Loan Servicing (Details 1)

Loan Servicing (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Activity in mortgage servicing rights measured using the fair value method
Balance, beginning of year	$ 114,193	$ 148,171
Additions
Change in fair value adjusted through earnings	$ (31,017)	$ (33,978)
Balance, end of year	$ 83,176	$ 114,193

Loan Servicing (Detail Textuals

Loan Servicing (Detail Textuals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Loan Servicing
Unpaid principal balances of mortgage and other loans serviced for others	$ 77,187,000	$ 73,575,000

Deposits (Details)

Deposits (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deposits
Non-interest bearing demand deposits	$ 13,940,853	$ 11,730,674
Interest bearing deposits	37,751,724	24,528,025
Money market	20,465,720	20,350,496
Savings accounts	13,660,368	15,027,699
Certificates of deposit	27,512,191	26,856,218
Total deposits	$ 113,330,856	$ 98,493,112

Deposits (Details 1)

Deposits (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deposits
2,016	$ 16,197,851
2,017	6,781,620
2,018	1,640,662
2,019	1,193,638
2,020	1,668,727
Thereafter	29,692
Total	$ 27,512,191	$ 26,856,218

Deposits (Detail Textuals)

Deposits (Detail Textuals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deposits
Interest bearing deposits of $250,000 or more	$ 3,714,258	$ 2,060,478
Deposits from executive officers, directors and their affiliates	$ 1,893,793	$ 1,516,175

Federal Home Loan Bank Advanc70

Federal Home Loan Bank Advances (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances [Line Items]
2,016	$ 8,000,000	$ 10,000,000
Federal Home Loan Bank advances
Federal Home Loan Bank, Advances [Line Items]
2,016	2,000,000
2,017	2,000,000
2,018	2,000,000
2,019	2,000,000
Total	$ 8,000,000

Federal Home Loan Bank Advanc71

Federal Home Loan Bank Advances (Detail Textuals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank advances and line of credit secured loans	$ 29,000,000	$ 35,300,000
Federal Home Loan Bank advances
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank advances	8,000,000	$ 10,000,000
Line of credit	$ 2,000,000
Federal Home Loan Bank advances | Minimum
Federal Home Loan Bank, Advances [Line Items]
Interest rates	0.67%
Federal Home Loan Bank advances | Maximum
Federal Home Loan Bank, Advances [Line Items]
Interest rates	1.79%
Federal funds line with United Bankers Bank
Federal Home Loan Bank, Advances [Line Items]
Line of credit	$ 2,000,000

Income Taxes - Provision (credi

Income Taxes - Provision (credit) for income taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Taxes currently payable
Deferred income taxes
Income tax expense (benefit)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of income tax expense at statutory rate (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Computed at the statutory rate (34%)	$ 14,321	$ (277,533)
Increase (decrease) resulting from Tax exempt interest
Changes in the deferred tax asset valuation allowance	$ (21,238)	$ 252,896
Other	$ 6,917	$ 24,637
Actual tax expense (benefit)

Income Taxes - Tax effects of t

Income Taxes - Tax effects of temporary differences related to deferred taxes (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets
Allowance for loan losses	$ 432,755	$ 48,592
Valuation of other real estate	1,673	1,729
Net operating loss carryforward	3,119,906	3,169,105
Charitable contribution carryforward	22,605	26,665
Unrealized loss on available-for-sale securities	4,862	5,698
Other		216,299
Total assets	3,581,801	3,468,088
Deferred tax liability
Depreciation	(170,778)	(197,153)
Deferred loan fees	(8,941)	(5,900)
FHLB stock dividends	(23,065)	(36,742)
Other	(171,961)
Total liabilities	(374,745)	(239,795)
Net deferred tax asset before valuation allowance	3,207,056	3,228,293
Deferred Tax Assets Valuation Allowance [Roll Forward]
Beginning balance	(3,228,293)	(3,082,165)
Increase during the period	21,237	(146,128)
Ending balance	$ (3,207,056)	$ (3,228,293)
Net deferred tax asset (liability)

Income Taxes (Detail Textuals)

Income Taxes (Detail Textuals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Amount included in retained earnings for which no deferred federal income tax liability was recognized	$ 702,000	$ 702,000
Federal
Income taxes
Net operating loss carryforwards	8,900,000
State
Income taxes
Net operating loss carryforwards	$ 1,300,000

Regulatory Matters (Details)

Regulatory Matters (Details) - USD ($)		Dec. 31, 2015	Dec. 31, 2014
Total capital (to risk-weighted assets)
Actual, Amount	[1]	$ 13,701	$ 13,188
Actual, Ratio (as a percent)	[1]	15.37%	17.87%
Minimum Amount Required for Adequate Capital, Amount	[1]	$ 7,133	$ 5,904
Minimum Amount Required for Adequate Capital, Ratio (as a percent)	[1]	8.00%	8.00%
Minimum to Amount To Be Well Capitalized, Amount	[1]	$ 8,916	$ 7,380
Minimum to Amount To Be Well Capitalized, Ratio (as a percent)	[1]	10.00%	10.00%
Tier I capital (to risk-weighted assets)
Actual, Amount	[1]	$ 12,626	$ 12,264
Actual, Ratio (as a percent)	[1]	14.16%	16.62%
Minimum Amount Required for Adequate Capital, Amount	[1]	$ 5,350	$ 2,952
Minimum Amount Required for Adequate Capital, Ratio (as a percent)	[1]	6.00%	4.00%
Minimum Amount To Be Well Capitalized, Amount	[1]	$ 7,133	$ 4,428
Minimum Amount To Be Well Capitalized, Ratio (as a percent)	[1]	8.00%	6.00%
Common Equity Tier I Capital To Risk Weighted Assets [Abstract]
Actual, Amount	[1]	$ 12,630
Actual, Ratio (as a percent)	[1]	14.16%
Minimum Amount Required for Adequate Capital, Amount	[1]	$ 4,012
Minimum Amount Required for Adequate Capital, Ratio (as a percent)	[1]	4.50%
Minimum to Amount To Be Well Capitalized, Amount	[1]	$ 5,795
Minimum to Amount To Be Well Capitalized, Ratio (as a percent)	[1]	6.50%
Tier I capital (to average assets)
Actual, Amount	[1]	$ 12,630	$ 12,264
Actual, Ratio (as a percent)	[1]	9.42%	10.03%
Minimum Amount Required for Adequate Capital, Amount	[1]	$ 5,364	$ 4,893
Minimum Amount Required for Adequate Capital, Ratio (as a percent)	[1]	4.00%	4.00%
Minimum Amount To Be Well Capitalized, Amount	[1]	$ 6,705	$ 6,116
Minimum Amount To Be Well Capitalized, Ratio (as a percent)	[1]	5.00%	5.00%
[1]	As defined by regulatory agencies

Employee Benefits (Details)

Employee Benefits (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Summary of ESOP shares
Released Shares	2,141
Shares committed for release	2,137	2,186
Unreleased shares	49,153	51,245
Total	53,431	53,431
Fair value of unreleased shares	$ 675,854	$ 520,137

Employee Benefits (Detail Textu

Employee Benefits (Detail Textuals)	12 Months Ended
	Dec. 31, 2015USD ($)itemHoursshares	Dec. 31, 2014USD ($)shares	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)	Jun. 30, 2015
Employee Benefit Plans [Line Items]
Number of hours required to be worked for eligible to participate under ESOP | Hours	1,000
Requisite Service Period in ESOP	12 months
Minimum age required to be eligible to participate under ESOP	21 years
ESOP borrowed funds | shares	53,431	53,431
Percentage of the common stock issued in the stock offering	8.00%
Loan expected to be repaid over a period	25 years
Employee stock ownership plan at rate	20.00%
ESOP compensation expense	$ 24,004	$ 22,193
ESOP fair value of shares	$ 29,384
Number of outstanding shares held by former employees in ESOP | shares	181
Retirement savings 401(k) plan
Employee Benefit Plans [Line Items]
Minimum age required to be eligible to participate in 401(k) plan	21 years
Number of hours required to be worked to be eligible to participate in 401(k) plan | Hours	1,000
Requisite service period in 401(k) plan	3 months
Maximum employee contribution as a percentage of compensation	25.00%
Maximum employee contribution per year	$ 18,000
Employer matching contributions as a percentage of employee's contribution	50.00%
Percentage of employee's compensation matched by employer	6.00%
Employer contributions charged to expense	$ 62,948	59,645
Pentegra Plan
Employee Benefit Plans [Line Items]
Number of collective bargaining agreements under the plan that require contributions | item	0
Pension plan | Pentegra Plan
Employee Benefit Plans [Line Items]
Minimum age required to be eligible to participate in the plan	21 years
Requisite service period	1 year
Pension expense	$ 140,729	142,715
Funded percentage			74.37%		75.72%
Total contributions by all employer participants			$ 190,751,615	$ 136,477,565
Employer contributions	$ 152,078	$ 133,156
Maximum employer contributions as a percentage of the total contributions made by all employer participants	5.00%

Disclosures About Fair Value 79

Disclosures About Fair Value of Assets and Liabilities (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Recurring Measurements
Totals	$ 11,713,738	$ 12,718,065
Mortgage servicing rights	83,176	114,193	$ 148,171
U.S. Government and federal agency
Recurring Measurements
Totals	5,924,942	4,939,830
State and political subdivisions
Recurring Measurements
Totals	2,558,886	3,361,085
Mortgage-backed - GSE residential
Recurring Measurements
Totals	2,570,256	3,384,002
Collateralized mortgage obligations - GSE
Recurring Measurements
Totals	$ 659,654	$ 1,033,148
Quoted Prices in Active Markets for Identical Assets (Level 1)
Recurring Measurements
Mortgage servicing rights
Significant Other Observable Inputs (Level 2)
Recurring Measurements
Mortgage servicing rights
Significant Unobservable Inputs (Level 3)
Recurring Measurements
Mortgage servicing rights	$ 612,290	$ 526,647
Recurring basis | Fair Value
Recurring Measurements
Mortgage servicing rights	83,176	114,193
Recurring basis | Fair Value | U.S. Government and federal agency
Recurring Measurements
Totals	5,924,942	4,939,830
Recurring basis | Fair Value | State and political subdivisions
Recurring Measurements
Totals	2,558,886	3,361,085
Recurring basis | Fair Value | Mortgage-backed - GSE residential
Recurring Measurements
Totals	2,570,256	3,384,002
Recurring basis | Fair Value | Collateralized mortgage obligations - GSE
Recurring Measurements
Totals	$ 659,654	$ 1,033,148
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
Recurring Measurements
Mortgage servicing rights
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government and federal agency
Recurring Measurements
Totals
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | State and political subdivisions
Recurring Measurements
Totals
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed - GSE residential
Recurring Measurements
Totals
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateralized mortgage obligations - GSE
Recurring Measurements
Totals
Recurring basis | Significant Other Observable Inputs (Level 2)
Recurring Measurements
Mortgage servicing rights
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Government and federal agency
Recurring Measurements
Totals	$ 5,924,942	$ 4,939,830
Recurring basis | Significant Other Observable Inputs (Level 2) | State and political subdivisions
Recurring Measurements
Totals	2,558,886	3,361,085
Recurring basis | Significant Other Observable Inputs (Level 2) | Mortgage-backed - GSE residential
Recurring Measurements
Totals	2,570,256	3,384,002
Recurring basis | Significant Other Observable Inputs (Level 2) | Collateralized mortgage obligations - GSE
Recurring Measurements
Totals	659,654	1,033,148
Recurring basis | Significant Unobservable Inputs (Level 3)
Recurring Measurements
Mortgage servicing rights	$ 83,176	$ 114,193
Recurring basis | Significant Unobservable Inputs (Level 3) | U.S. Government and federal agency
Recurring Measurements
Totals
Recurring basis | Significant Unobservable Inputs (Level 3) | State and political subdivisions
Recurring Measurements
Totals
Recurring basis | Significant Unobservable Inputs (Level 3) | Mortgage-backed - GSE residential
Recurring Measurements
Totals
Recurring basis | Significant Unobservable Inputs (Level 3) | Collateralized mortgage obligations - GSE
Recurring Measurements
Totals

Disclosures About Fair Value 80

Disclosures About Fair Value of Assets and Liabilities (Details 1) - Mortgage Servicing Rights - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of the beginning and ending balances of recurring fair value measurements recognized using significant unobservable (Level 3) inputs
Balance, beginning of year	$ 114,193	$ 148,171
Total changes in fair value included in earnings	(31,017)	(33,978)
Balance, end of year	$ 83,176	$ 114,193

Disclosures About Fair Value 81

Disclosures About Fair Value of Assets and Liabilities (Details 2) - Nonrecurring basis - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Fair Value | Other real estate owned
Nonrecurring Measurements
Assets measured at fair value	$ 202,100	$ 190,000
Fair Value | Collateral-dependent impaired loans, net of ALLL
Nonrecurring Measurements
Assets measured at fair value	$ 1,274,372	$ 1,441,487
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other real estate owned
Nonrecurring Measurements
Assets measured at fair value
Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral-dependent impaired loans, net of ALLL
Nonrecurring Measurements
Assets measured at fair value
Significant Other Observable Inputs (Level 2) | Other real estate owned
Nonrecurring Measurements
Assets measured at fair value
Significant Other Observable Inputs (Level 2) | Collateral-dependent impaired loans, net of ALLL
Nonrecurring Measurements
Assets measured at fair value
Significant Unobservable Inputs (Level 3) | Other real estate owned
Nonrecurring Measurements
Assets measured at fair value	$ 202,100	$ 190,000
Significant Unobservable Inputs (Level 3) | Collateral-dependent impaired loans, net of ALLL
Nonrecurring Measurements
Assets measured at fair value	$ 1,274,372	$ 1,441,487

Disclosures About Fair Value 82

Disclosures About Fair Value of Assets and Liabilities (Details 3) - Level 3 - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other real estate owned | Market comparable properties
Quantitative information about unobservable inputs
Fair Value	$ 202,100	$ 190,000
Collateral-dependent impaired loans, net of ALLL | Market comparable properties
Quantitative information about unobservable inputs
Fair Value	$ 1,274,372	$ 1,441,487
Collateral-dependent impaired loans, net of ALLL | Market comparable properties | Minimum
Quantitative information about unobservable inputs
Marketability discount (as a percent)	10.00%	10.00%
Collateral-dependent impaired loans, net of ALLL | Market comparable properties | Maximum
Quantitative information about unobservable inputs
Marketability discount (as a percent)	15.00%	15.00%
Collateral-dependent impaired loans, net of ALLL | Market comparable properties | Weighted Average
Quantitative information about unobservable inputs
Marketability discount (as a percent)	11.40%	12.00%
Mortgage servicing rights | Discounted cash flow
Quantitative information about unobservable inputs
Fair Value	$ 83,176	$ 114,193
Mortgage servicing rights | Discounted cash flow | Minimum
Quantitative information about unobservable inputs
Constant prepayment rate (as a percent)	8.80%	8.50%
Probability of default (as a percent)	1.00%	1.00%
Discount rate (as a percent)	5.60%	7.60%
Mortgage servicing rights | Discounted cash flow | Maximum
Quantitative information about unobservable inputs
Constant prepayment rate (as a percent)	16.00%	16.00%
Probability of default (as a percent)	8.00%	8.00%
Discount rate (as a percent)	12.00%	13.00%
Mortgage servicing rights | Discounted cash flow | Weighted Average
Quantitative information about unobservable inputs
Constant prepayment rate (as a percent)	11.90%	11.20%
Probability of default (as a percent)	2.90%	2.10%
Discount rate (as a percent)	10.40%	10.40%

Disclosures About Fair Value 83

Disclosures About Fair Value of Assets and Liabilities (Details 4) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial assets
Accrued interest receivable	$ 314,174	$ 302,777
Mortgage servicing rights	83,176	114,193	$ 148,171
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets
Cash and cash equivalents	$ 10,906,893	$ 13,444,597
FHLB Stock
Loans Held-for-sale, Fair Value Disclosure
Loans , net of allowance for loan losses
Accrued interest receivable
Mortgage servicing rights
Financial liabilities
Deposits	$ 13,940,853	$ 11,730,674
Federal Home Loan Bank advances
Accrued interest payable
Significant Other Observable Inputs (Level 2)
Financial assets
Cash and cash equivalents
FHLB Stock	$ 686,200	$ 1,078,900
Loans Held-for-sale, Fair Value Disclosure		$ 48,300
Loans , net of allowance for loan losses
Accrued interest receivable	$ 314,174	$ 302,777
Mortgage servicing rights
Financial liabilities
Deposits	$ 99,414,003	$ 86,842,438
Federal Home Loan Bank advances	8,063,000	10,098,000
Accrued interest payable	$ 6,137	$ 6,256
Significant Unobservable Inputs (Level 3)
Financial assets
Cash and cash equivalents
FHLB Stock
Loans , net of allowance for loan losses	$ 107,347,000	$ 89,756,000
Accrued interest receivable
Mortgage servicing rights	$ 612,290	$ 526,647
Financial liabilities
Deposits
Federal Home Loan Bank advances
Accrued interest payable
Carrying Amount
Financial assets
Cash and cash equivalents	$ 10,906,893	$ 13,444,597
FHLB Stock	686,200	1,078,900
Loans Held-for-sale, Fair Value Disclosure		48,300
Loans , net of allowance for loan losses	106,955,455	89,479,525
Accrued interest receivable	314,174	302,777
Mortgage servicing rights	325,539	317,912
Financial liabilities
Deposits	113,330,856	98,493,112
Federal Home Loan Bank advances	8,000,000	10,000,000
Accrued interest payable	$ 6,137	$ 6,256

Commitments and Credit Risk (De

Commitments and Credit Risk (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Commitments and credit risk
Credit commitments	$ 0	$ 0
Commitments to extend credit
Commitments and credit risk
Commitments to extend-variable rate	15,520,785	14,687,657
Commitments to extend-fixed rate	3,372,791	5,402,290
Standby letters of credit
Commitments and credit risk
Credit commitments	$ 80,000	$ 10,000

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net Loss	$ 42,138	$ (816,273)
Shares outstanding for basic EPS:
Average shares outstanding	667,898	640,450
Less: Average unearned ESOP shares	50,309	50,245
Average shares outstanding, Total	617,589	590,205
Additional dilutive shares
Shares outstanding for basic and diluted EPS	617,589	590,205
Basic and diluted income (loss) per share (in dollars per share)	$ 0.07	$ (1.38)

Condensed Financial Informati86

Condensed Financial Information (Parent Company Only) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets
Cash and due from banks	$ 877,780	$ 763,968
Total assets	135,375,388	122,344,122
Liabilities
Total liabilities	122,003,326	109,040,662
Temporary Equity
Stockholders' Equity	13,325,865	13,281,267	$ 9,288,931
Total liability and stockholders' equity	135,375,388	122,344,122
Parent Company
Assets
Cash and due from banks	733,318	1,059,374
Investment in bank	12,615,381	$ 12,247,581
Total assets	28,177
Liabilities
Other	4,814	$ 3,495
Total liabilities	4,814	3,495
Temporary Equity
ESOP shares subject to mandatory redemption	46,197	22,193
Stockholders' Equity	13,325,865	13,281,267
Total liability and stockholders' equity	$ 13,376,876	$ 13,306,955

Condensed Financial Informati87

Condensed Financial Information (Parent Company Only) (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Expense
Net income (loss)	$ 42,138	$ (816,273)
Comprehensive Income (Loss)	44,598	(697,777)
Parent Company
Income
Other income	7,071	9,349
Expense
Other expenses	330,273	165,776
Loss Before Income Tax and Equity in Undistributed Income of Subsidiary	$ (323,202)	$ (156,427)
Income Tax Benefit
Loss Before Equity in Undistributed Income (Loss) of Subsidiary	$ (323,202)	$ (156,427)
Equity in Undistributed Income (Loss) of Subsidiary	365,340	(659,846)
Net income (loss)	42,138	(816,273)
Comprehensive Income (Loss)	$ 44,598	$ (697,777)

Condensed Financial Informati88

Condensed Financial Information (Parent Company Only) (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating Activities
Net income (loss)	$ 42,138	$ (816,273)
Items not requiring (providing) cash
Net cash used in operating activities	781,162	(267,331)
Financing Activities
Net Change in Cash and Due From Banks	(2,537,704)	3,122,521
Cash and Cash Equivalents, Beginning of Year	13,444,597	10,322,076
Cash and Cash Equivalents, End of Period	10,906,893	13,444,597
Parent Company
Operating Activities
Net income (loss)	42,138	(816,273)
Items not requiring (providing) cash
Equity in undistributed (income) loss of subsidiary	(365,340)	659,846
Compensation expense on allocated ESOP shares	24,004	$ 22,193
Change in other assets	(28,177)
Change in other liabilities	1,319	$ 3,495
Net cash used in operating activities	$ (326,056)	(130,739)
Investing Activities
Investment in Bank		(3,500,000)
Financing Activities
Net proceeds from stock conversion		4,690,113
Net Change in Cash and Due From Banks	$ (326,056)	$ 1,059,374
Cash and Cash Equivalents, Beginning of Year	1,059,374
Cash and Cash Equivalents, End of Period	$ 733,318	$ 1,059,374

Plan of Conversion and Change89

Plan of Conversion and Change in Corporate Form (Detail Textuals) - USD ($)	Jan. 16, 2014	Dec. 31, 2014
Plan of conversion and change in corporate form
Shares issued to new company	667,898
Issue price of common stock (in dollars per share)	$ 10
Gross offering proceeds	$ 6,678,980	$ 4,690,113
Percentage of common stock sold in the offering subscribed by employee stock ownership plan	8.00%
Value of common stock sold in the offering subscribed by employee stock ownership plan	$ 534,310
Conversion costs	$ 1,455,000