10-K Filing
Filing Information
| Form Type | 10-K |
| Accession Number | 0001144204-18-017536 |
| Period End Date | 20171231 |
| Filing Date | 20180328 |
| Fiscal Year | 2017 |
| Fiscal Period | FY |
| XBRL Instance | fmfg-20171231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans and Leases Receivable, Allowance |
LoansAndLeasesReceivableAllowance
|
$2.46M | USD | Point-in-time |
| Loans and Leases Receivable, Allowance |
LoansAndLeasesReceivableAllowance
|
$2.36M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$6.24M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$12.33M | USD | Point-in-time |
| Common Stock, Par or Stated Value Per Share |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common Stock, Par or Stated Value Per Share |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestbearingDeposits
|
$978.56K | USD | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestbearingDeposits
|
$1.00M | USD | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
1.66M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$20.19M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$13.31M | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
1.67M | shares | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
1.66M | shares | Point-in-time |
| Certificate of deposit in other bank |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Certificate of deposit in other bank |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
1.67M | shares | Point-in-time |
| Securities available for sale |
AvailableForSaleSecurities
|
$28.43M | USD | Point-in-time |
| Securities available for sale |
AvailableForSaleSecurities
|
$34.39M | USD | Point-in-time |
| Securities held to maturity |
HeldToMaturitySecurities
|
$17.99M | USD | Point-in-time |
| Securities held to maturity |
HeldToMaturitySecurities
|
$18.20M | USD | Point-in-time |
| Federal Home Loan Bank stock, at cost |
FederalHomeLoanBankStock
|
$778.30K | USD | Point-in-time |
| Federal Home Loan Bank stock, at cost |
FederalHomeLoanBankStock
|
$1.06M | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstateCarryingAmountOfMortgages
|
$884.50K | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstateCarryingAmountOfMortgages
|
$327.70K | USD | Point-in-time |
| Loans, less allowance for loan losses of $2,458,911 and $2,363,086 |
LoansAndLeasesReceivableNetReportedAmount
|
$332.53M | USD | Point-in-time |
| Loans, less allowance for loan losses of $2,458,911 and $2,363,086 |
LoansAndLeasesReceivableNetReportedAmount
|
$295.29M | USD | Point-in-time |
| Premises and equipment |
PropertyPlantAndEquipmentNet
|
$5.21M | USD | Point-in-time |
| Premises and equipment |
PropertyPlantAndEquipmentNet
|
$5.45M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$956.96K | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$1.02M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$998.03K | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$1.03M | USD | Point-in-time |
| Other real estate owned |
OtherRealEstate
|
$414.00K | USD | Point-in-time |
| Other real estate owned |
OtherRealEstate
|
$265.50K | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$6.89M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$6.72M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$622.86K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$2.52M | USD | Point-in-time |
| Assets |
Assets
|
$379.83M | USD | Point-in-time |
| Assets |
Assets
|
$402.90M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$64.40M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$62.79M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$239.92M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$255.39M | USD | Point-in-time |
| Total deposits |
Deposits
|
$302.72M | USD | Point-in-time |
| Total deposits |
Deposits
|
$319.80M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$21.77M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$27.23M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$17.00M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$9.00M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$180.62K | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$141.90K | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$2.36M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.74M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$361.11M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$340.82M | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 1,667,813 shares in 2017 and 1,656,390 shares in 2016 |
CommonStockValue
|
$16.56K | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 1,667,813 shares in 2017 and 1,656,390 shares in 2016 |
CommonStockValue
|
$16.68K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$26.87M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$26.56M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$12.71M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$15.31M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-394.17K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-280.31K | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent |
StockholdersEquity
|
$41.80M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent |
StockholdersEquity
|
$36.22M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent |
StockholdersEquity
|
$39.01M | USD | Point-in-time |
| Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$402.90M | USD | Point-in-time |
| Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$379.83M | USD | Point-in-time |
Income Statement
106 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$14.02M | USD | Annual |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$15.19M | USD | Annual |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$710.44K | USD | Annual |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$762.38K | USD | Annual |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$501.53K | USD | Annual |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$597.92K | USD | Annual |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundsSoldAndOtherInterestEarningAssets
|
$97.21K | USD | Annual |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundsSoldAndOtherInterestEarningAssets
|
$62.69K | USD | Annual |
| Total interest income |
InterestAndDividendIncomeOperating
|
$3.73M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$3.77M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$3.98M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$16.59M | USD | Annual |
| Total interest income |
InterestAndDividendIncomeOperating
|
$3.99M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$3.86M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$4.23M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$4.26M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$4.12M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$15.35M | USD | Annual |
| Deposits |
InterestExpenseDeposits
|
$1.38M | USD | Annual |
| Deposits |
InterestExpenseDeposits
|
$1.10M | USD | Annual |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$144.62K | USD | Annual |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$161.91K | USD | Annual |
| Federal Home Loan Bank advances and other borrowings |
InterestExpenseBorrowings
|
$167.02K | USD | Annual |
| Federal Home Loan Bank advances and other borrowings |
InterestExpenseBorrowings
|
$102.51K | USD | Annual |
| Total interest expense |
InterestExpense
|
$466.10K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$368.88K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$385.71K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$314.60K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$442.81K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.35M | USD | Annual |
| Total interest expense |
InterestExpense
|
$412.62K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.71M | USD | Annual |
| Total interest expense |
InterestExpense
|
$322.54K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$340.10K | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$3.46M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$3.79M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$3.71M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$3.59M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$3.80M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$3.52M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$14.89M | USD | Annual |
| Net interest income |
InterestIncomeExpenseNet
|
$14.01M | USD | Annual |
| Net interest income |
InterestIncomeExpenseNet
|
$3.41M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$3.62M | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$225.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$75.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$60.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$50.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$410.00K | USD | Annual |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | Annual |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$14.48M | USD | Annual |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$14.01M | USD | Annual |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$758.08K | USD | Annual |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$700.79K | USD | Annual |
| Mortgage banking income |
FeesAndCommissionsMortgageBanking
|
$471.98K | USD | Annual |
| Mortgage banking income |
FeesAndCommissionsMortgageBanking
|
$279.36K | USD | Annual |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$179.62K | USD | Annual |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$170.59K | USD | Annual |
| Gain (loss) on sale and write down of other real estate owned |
GainsLossesOnSalesOfOtherRealEstate
|
$-148.50K | USD | Annual |
| Gain (loss) on sale and write down of other real estate owned |
GainsLossesOnSalesOfOtherRealEstate
|
$-57.06K | USD | Annual |
| Gain on sale of loans |
GainLossOnSalesOfLoansNet
|
$223.25K | USD | Annual |
| Gain on sale of loans |
GainLossOnSalesOfLoansNet
|
- | USD | Annual |
| Other fees and commissions |
FeesAndCommissionsOther
|
$112.58K | USD | Annual |
| Other fees and commissions |
FeesAndCommissionsOther
|
$111.60K | USD | Annual |
| Total noninterest income |
NoninterestIncome
|
$1.47M | USD | Annual |
| Total noninterest income |
NoninterestIncome
|
$1.34M | USD | Annual |
| Salaries |
LaborAndRelatedExpense
|
$4.93M | USD | Annual |
| Salaries |
LaborAndRelatedExpense
|
$4.66M | USD | Annual |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.22M | USD | Annual |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.29M | USD | Annual |
| Occupancy |
OccupancyCosts
|
$684.17K | USD | Annual |
| Occupancy |
OccupancyCosts
|
$649.05K | USD | Annual |
| Furniture and equipment |
EquipmentExpense
|
$649.87K | USD | Annual |
| Furniture and equipment |
EquipmentExpense
|
$644.58K | USD | Annual |
| Other |
OtherNoninterestExpense
|
$2.47M | USD | Annual |
| Other |
OtherNoninterestExpense
|
$2.36M | USD | Annual |
| Total noninterest expense |
NoninterestExpense
|
$10.02M | USD | Annual |
| Total noninterest expense |
NoninterestExpense
|
$9.53M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$5.79M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$5.94M | USD | Annual |
| Income taxes |
IncomeTaxExpenseBenefit
|
$2.03M | USD | Annual |
| Income taxes |
IncomeTaxExpenseBenefit
|
$2.00M | USD | Annual |
| Net income |
NetIncomeLoss
|
$936.47K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$916.19K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.79M | USD | Annual |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$983.56K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.91M | USD | Annual |
| Net income |
NetIncomeLoss
|
$656.34K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.01M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.13M | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.59 | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.56 | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.57 | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.63 | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.61 | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$2.37 | USD | Annual |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$2.28 | USD | Annual |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.69 | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.39 | USD | 1 Quarter |
| Earnings per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.61 | USD | 1 Quarter |
Cash Flow Statement
104 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest received |
ProceedsFromInterestReceived
|
$15.28M | USD | Annual |
| Interest received |
ProceedsFromInterestReceived
|
$16.65M | USD | Annual |
| Fees and commissions received |
ProceedsFromCommissionsReceived
|
$1.29M | USD | Annual |
| Fees and commissions received |
ProceedsFromCommissionsReceived
|
$1.32M | USD | Annual |
| Interest paid |
InterestPaid
|
$1.34M | USD | Annual |
| Interest paid |
InterestPaid
|
$1.67M | USD | Annual |
| Proceeds from sale of mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$13.06M | USD | Annual |
| Proceeds from sale of mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$22.36M | USD | Annual |
| Origination of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$12.51M | USD | Annual |
| Origination of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$23.25M | USD | Annual |
| Cash paid to suppliers and employees |
PaymentsToSuppliersAndEmployees
|
$9.44M | USD | Annual |
| Cash paid to suppliers and employees |
PaymentsToSuppliersAndEmployees
|
$7.77M | USD | Annual |
| Income taxes paid |
IncomeTaxesPaidNet
|
$1.17M | USD | Annual |
| Income taxes paid |
IncomeTaxesPaidNet
|
$2.46M | USD | Annual |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.44M | USD | Annual |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$7.91M | USD | Annual |
| Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$8.10M | USD | Annual |
| Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$6.85M | USD | Annual |
| Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$3.31M | USD | Annual |
| Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$1.61M | USD | Annual |
| Available for sale |
ProceedsFromSaleOfAvailableForSaleSecurities
|
- | USD | Annual |
| Available for sale |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$298.38K | USD | Annual |
| Available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$19.59M | USD | Annual |
| Available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$1.13M | USD | Annual |
| Held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
$4.69M | USD | Annual |
| Held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
$1.81M | USD | Annual |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansReceivable
|
$37.78M | USD | Annual |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansReceivable
|
$27.08M | USD | Annual |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$20.20K | USD | Annual |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$285.30K | USD | Annual |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$181.54K | USD | Annual |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$114.24K | USD | Annual |
| Cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-39.86M | USD | Annual |
| Cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-32.65M | USD | Annual |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$1.61M | USD | Annual |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$4.75M | USD | Annual |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$22.00M | USD | Annual |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$15.47M | USD | Annual |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$-5.46M | USD | Annual |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$6.74M | USD | Annual |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFrompaymentsForFederalHomeLoanBankAdvances
|
$-2.00M | USD | Annual |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFrompaymentsForFederalHomeLoanBankAdvances
|
$8.00M | USD | Annual |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$942.03K | USD | Annual |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$953.52K | USD | Annual |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$30.54M | USD | Annual |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$18.67M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-6.88M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-6.08M | USD | Annual |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.19M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.24M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.31M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.19M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.24M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.31M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$936.47K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$916.19K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.79M | USD | Annual |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$983.56K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.91M | USD | Annual |
| Net income |
NetIncomeLoss
|
$656.34K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.01M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.13M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$419.28K | USD | Annual |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$448.89K | USD | Annual |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$225.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$75.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$60.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$50.00K | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$410.00K | USD | Annual |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
- | USD | Annual |
| Write down of other real estate owned |
ImpairmentOfRealEstate
|
$58.50K | USD | Annual |
| Write down of other real estate owned |
ImpairmentOfRealEstate
|
$148.50K | USD | Annual |
| Write down of other assets |
OtherAssetImpairmentCharges
|
$1.50K | USD | Annual |
| Write down of other assets |
OtherAssetImpairmentCharges
|
- | USD | Annual |
| Mutual fund dividend |
OtherInterestAndDividendIncome
|
$7.61K | USD | Annual |
| Mutual fund dividend |
OtherInterestAndDividendIncome
|
$10.74K | USD | Annual |
| Decrease (increase) in mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$556.80K | USD | Annual |
| Decrease (increase) in mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-884.50K | USD | Annual |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-347.45K | USD | Annual |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$307.15K | USD | Annual |
| Revaluation of deferred tax asset due to change in corporate income tax rate |
IncomeTaxCreditsAndAdjustments
|
- | USD | Annual |
| Revaluation of deferred tax asset due to change in corporate income tax rate |
IncomeTaxCreditsAndAdjustments
|
$410.39K | USD | Annual |
| Amortization of premiums and accretion of discounts, net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$165.28K | USD | Annual |
| Amortization of premiums and accretion of discounts, net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$136.87K | USD | Annual |
| Deferred loan fees |
IncreaseDecreaseInOtherDeferredLiability
|
$126.04K | USD | Annual |
| Deferred loan fees |
IncreaseDecreaseInOtherDeferredLiability
|
$46.77K | USD | Annual |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$38.72K | USD | Annual |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$3.94K | USD | Annual |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$624.10K | USD | Annual |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$242.57K | USD | Annual |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-63.29K | USD | Annual |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-106.04K | USD | Annual |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInInsuranceSettlementsReceivable
|
$-170.59K | USD | Annual |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInInsuranceSettlementsReceivable
|
$-179.62K | USD | Annual |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.57M | USD | Annual |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.84M | USD | Annual |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$7.91M | USD | Annual |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$2.44M | USD | Annual |
Stockholders Equity
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-31.96K | USD | Annual |
| Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-116.07K | USD | Annual |
| Common Stock, Dividends, Per Share, Cash Paid |
CommonStockDividendsPerShareCashPaid
|
$0.70 | USD | Annual |
| Common Stock, Dividends, Per Share, Cash Paid |
CommonStockDividendsPerShareCashPaid
|
$0.76 | USD | Annual |
| Beginning Balance |
StockholdersEquity
|
$41.80M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$36.22M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$39.01M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$936.47K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$916.19K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.79M | USD | Annual |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$983.56K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.91M | USD | Annual |
| Net income |
NetIncomeLoss
|
$656.34K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.01M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.13M | USD | 1 Quarter |
| Unrealized loss on securities available for sale net of income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-178.18K | USD | Annual |
| Unrealized loss on securities available for sale net of income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-49.06K | USD | Annual |
| Par value change as a result of the holding company formation |
StockholdersEquityChangeInReportingEntity
|
- | USD | Annual |
| Reclassification due to adoption of ASU No. 2018-02 |
ReclassificationsOfTemporaryToPermanentEquity
|
- | USD | Annual |
| Cash dividends |
DividendsCash
|
$1.16M | USD | Annual |
| Cash dividends |
DividendsCash
|
$1.26M | USD | Annual |
| Dividends reinvested |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$214.41K | USD | Annual |
| Dividends reinvested |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$306.99K | USD | Annual |
| Ending Balance |
StockholdersEquity
|
$41.80M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$36.22M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$39.01M | USD | Point-in-time |
Comprehensive Income
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$936.47K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$916.19K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.79M | USD | Annual |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$983.56K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.91M | USD | Annual |
| Net income |
NetIncomeLoss
|
$656.34K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.01M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.13M | USD | 1 Quarter |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-294.25K | USD | Annual |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-81.02K | USD | Annual |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-31.96K | USD | Annual |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-116.07K | USD | Annual |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-178.18K | USD | Annual |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-49.06K | USD | Annual |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.73M | USD | Annual |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.74M | USD | Annual |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.