10-K Filing
Filing Information
| Form Type | 10-K |
| Accession Number | 0001437749-22-005951 |
| Period End Date | 20211231 |
| Filing Date | 20220311 |
| Fiscal Year | 2021 |
| Fiscal Period | FY |
| XBRL Instance | fmfg20211231_10k_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and due from banks |
CashAndDueFromBanks
|
$25.26M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$39.90M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$3.65M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$3.30M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestBearingDeposits
|
$1.08M | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestBearingDeposits
|
$1.20M | USD | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$40.98M | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$26.46M | USD | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$350.00K | USD | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.01M | shares | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.04M | shares | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$850.00K | USD | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$54.48M | USD | Point-in-time |
| Common stock, share outstanding (in shares) |
CommonStockSharesOutstanding
|
3.01M | shares | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$149.24M | USD | Point-in-time |
| Common stock, share outstanding (in shares) |
CommonStockSharesOutstanding
|
3.04M | shares | Point-in-time |
| Securities held to maturity, at cost |
HeldToMaturitySecurities
|
$21.85M | USD | Point-in-time |
| Securities held to maturity, at cost |
HeldToMaturitySecurities
|
$23.08M | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$543.61K | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$552.57K | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$900.50K | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$675.40K | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstate
|
$126.50K | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstate
|
$1.67M | USD | Point-in-time |
| Loans, less allowance for loan losses of $3,650,268 and $3,296,538 |
LoansAndLeasesReceivableNetReportedAmount
|
$482.01M | USD | Point-in-time |
| Loans, less allowance for loan losses of $3,650,268 and $3,296,538 |
LoansAndLeasesReceivableNetReportedAmount
|
$521.69M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$7.74M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$6.26M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$2.06M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$1.61M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$1.22M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$2.18M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstate
|
$1.41M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstate
|
$1.24M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$11.56M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$11.30M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.05M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
- | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.06M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$2.34M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$5.52M | USD | Point-in-time |
| Assets, Total |
Assets
|
$677.32M | USD | Point-in-time |
| Assets, Total |
Assets
|
$716.68M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$124.18M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$103.16M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$502.24M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$470.25M | USD | Point-in-time |
| Total deposits |
Deposits
|
$626.41M | USD | Point-in-time |
| Total deposits |
Deposits
|
$573.40M | USD | Point-in-time |
| Amount |
SecuritiesSoldUnderAgreementsToRepurchase
|
$24.75M | USD | Point-in-time |
| Amount |
SecuritiesSoldUnderAgreementsToRepurchase
|
$5.41M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$5.00M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$5.00M | USD | Point-in-time |
| Long-term debt, net of issuance costs |
LongTermDebt
|
$16.97M | USD | Point-in-time |
| Long-term debt, net of issuance costs |
LongTermDebt
|
$16.98M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$409.62K | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$295.91K | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.05M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.95M | USD | Point-in-time |
| Liabilities, Total |
Liabilities
|
$625.59M | USD | Point-in-time |
| Liabilities, Total |
Liabilities
|
$660.06M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,037,137 in 2021 and 3,011,255 shares in 2020 |
CommonStockValue
|
$30.37K | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,037,137 in 2021 and 3,011,255 shares in 2020 |
CommonStockValue
|
$30.11K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$28.29M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$28.86M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$22.70M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$29.13M | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.39M | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$706.28K | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent, Ending Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent, Ending Balance |
StockholdersEquity
|
$51.73M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent, Ending Balance |
StockholdersEquity
|
$49.45M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$677.32M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$716.68M | USD | Point-in-time |
Income Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$19.29M | USD | Annual |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$23.49M | USD | Annual |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$1.51M | USD | Annual |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$770.39K | USD | Annual |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$625.10K | USD | Annual |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$611.32K | USD | Annual |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$65.50K | USD | Annual |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$76.53K | USD | Annual |
| Total interest income |
InterestAndDividendIncomeOperating
|
$25.68M | USD | Annual |
| Total interest income |
InterestAndDividendIncomeOperating
|
$20.76M | USD | Annual |
| Deposits |
InterestExpenseDeposits
|
$3.13M | USD | Annual |
| Deposits |
InterestExpenseDeposits
|
$2.00M | USD | Annual |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$44.63K | USD | Annual |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$107.32K | USD | Annual |
| Federal Home Loan Bank advances and other borrowings |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
$222.37K | USD | Annual |
| Federal Home Loan Bank advances and other borrowings |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
$762.80K | USD | Annual |
| Total interest expense |
InterestExpense
|
$2.81M | USD | Annual |
| Total interest expense |
InterestExpense
|
$3.46M | USD | Annual |
| Net interest income |
InterestIncomeExpenseNet
|
$17.30M | USD | Annual |
| Net interest income |
InterestIncomeExpenseNet
|
$22.88M | USD | Annual |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$625.00K | USD | Annual |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$330.00K | USD | Annual |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$22.55M | USD | Annual |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$16.68M | USD | Annual |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$910.51K | USD | Annual |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$1.02M | USD | Annual |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$229.97K | USD | Annual |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$188.14K | USD | Annual |
| Fair value adjustment of equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$10.51K | USD | Annual |
| Fair value adjustment of equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-15.35K | USD | Annual |
| Gain on call of debt security |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
- | USD | Annual |
| Gain on call of debt security |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
$9.19K | USD | Annual |
| Other |
NoninterestIncomeOther
|
$307.51K | USD | Annual |
| Other |
NoninterestIncomeOther
|
$273.10K | USD | Annual |
| Total noninterest income |
NoninterestIncome
|
$2.17M | USD | Annual |
| Total noninterest income |
NoninterestIncome
|
$2.07M | USD | Annual |
| Salaries |
LaborAndRelatedExpense
|
$6.14M | USD | Annual |
| Salaries |
LaborAndRelatedExpense
|
$7.21M | USD | Annual |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.66M | USD | Annual |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.72M | USD | Annual |
| Occupancy |
OccupancyNet
|
$758.36K | USD | Annual |
| Occupancy |
OccupancyNet
|
$948.76K | USD | Annual |
| Furniture and equipment |
EquipmentExpense
|
$840.89K | USD | Annual |
| Furniture and equipment |
EquipmentExpense
|
$775.83K | USD | Annual |
| Professional services |
ProfessionalFees
|
$424.81K | USD | Annual |
| Professional services |
ProfessionalFees
|
$415.64K | USD | Annual |
| Automated teller machine and debit card expenses |
AutomatedTellerMachineAndDebitCardExpense
|
$352.13K | USD | Annual |
| Automated teller machine and debit card expenses |
AutomatedTellerMachineAndDebitCardExpense
|
$278.99K | USD | Annual |
| Federal Deposit Insurance Corporation premiums |
FederalDepositInsuranceCorporationPremiumExpense
|
$306.12K | USD | Annual |
| Federal Deposit Insurance Corporation premiums |
FederalDepositInsuranceCorporationPremiumExpense
|
$201.71K | USD | Annual |
| Advertising |
AdvertisingExpense
|
$233.36K | USD | Annual |
| Advertising |
AdvertisingExpense
|
$237.91K | USD | Annual |
| Other real estate owned |
ForeclosedRealEstateExpense
|
$34.86K | USD | Annual |
| Other real estate owned |
ForeclosedRealEstateExpense
|
$190.25K | USD | Annual |
| Acquisition |
BusinessCombinationAcquisitionRelatedCosts
|
$3.24M | USD | Annual |
| Acquisition |
BusinessCombinationAcquisitionRelatedCosts
|
- | USD | Annual |
| Other |
OtherNoninterestExpense
|
$1.77M | USD | Annual |
| Other |
OtherNoninterestExpense
|
$1.97M | USD | Annual |
| Total noninterest expense |
NoninterestExpense
|
$15.58M | USD | Annual |
| Total noninterest expense |
NoninterestExpense
|
$14.13M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$3.17M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$10.58M | USD | Annual |
| Income taxes |
IncomeTaxExpenseBenefit
|
$487.21K | USD | Annual |
| Income taxes |
IncomeTaxExpenseBenefit
|
$2.43M | USD | Annual |
| Net income |
NetIncomeLoss
|
$8.15M | USD | Annual |
| Net income |
NetIncomeLoss
|
$2.68M | USD | Annual |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.90 | USD | Annual |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$2.70 | USD | Annual |
Cash Flow Statement
100 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$8.15M | USD | Annual |
| Net income |
NetIncomeLoss
|
$2.68M | USD | Annual |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$415.78K | USD | Annual |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$470.94K | USD | Annual |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$625.00K | USD | Annual |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$330.00K | USD | Annual |
| Amortization of right of use asset |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$34.06K | USD | Annual |
| Amortization of right of use asset |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$17.05K | USD | Annual |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
$44.51K | USD | Annual |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
- | USD | Annual |
| Write down of other real estate owned |
ImpairmentOfRealEstate
|
$169.24K | USD | Annual |
| Write down of other real estate owned |
ImpairmentOfRealEstate
|
- | USD | Annual |
| Gain on premium call of debt security |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
- | USD | Annual |
| Gain on premium call of debt security |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
$9.19K | USD | Annual |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$6.39K | USD | Annual |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$9.73K | USD | Annual |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$10.51K | USD | Annual |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-15.35K | USD | Annual |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$6.92K | USD | Annual |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$125.52K | USD | Annual |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-160.07K | USD | Annual |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-151.33K | USD | Annual |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$1.41K | USD | Annual |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$5.62K | USD | Annual |
| Amortization of premiums and accretion of discounts, net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-288.96K | USD | Annual |
| Amortization of premiums and accretion of discounts, net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$7.60K | USD | Annual |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$229.97K | USD | Annual |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$188.14K | USD | Annual |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$-204.43K | USD | Annual |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$531.44K | USD | Annual |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$63.41K | USD | Annual |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-113.71K | USD | Annual |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$1.04M | USD | Annual |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$163.90K | USD | Annual |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$-1.55M | USD | Annual |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$-311.85K | USD | Annual |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-448.43K | USD | Annual |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$200.46K | USD | Annual |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-298.92K | USD | Annual |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-20.16K | USD | Annual |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$11.70M | USD | Annual |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.45M | USD | Annual |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$31.33M | USD | Annual |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$22.22M | USD | Annual |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$1.96M | USD | Annual |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$2.17M | USD | Annual |
| Proceeds from sale of securities, Available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | Annual |
| Proceeds from sale of securities, Available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$2.02M | USD | Annual |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$129.68M | USD | Annual |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$28.84M | USD | Annual |
| Purchase of securities, Held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
$5.47M | USD | Annual |
| Purchase of securities, Held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
$842.06K | USD | Annual |
| Redemption of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
- | USD | Annual |
| Redemption of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
$500.00K | USD | Annual |
| Cash paid for the acquisition of Carroll Bancorp, Inc., net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | Annual |
| Cash paid for the acquisition of Carroll Bancorp, Inc., net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$19.37M | USD | Annual |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$-39.86M | USD | Annual |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$19.48M | USD | Annual |
| Proceeds from sale of SBA loans |
ProceedsFromSaleOfLoansReceivable
|
$61.59K | USD | Annual |
| Proceeds from sale of SBA loans |
ProceedsFromSaleOfLoansReceivable
|
$1.23M | USD | Annual |
| Redemption of restricted stock |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$-402.40K | USD | Annual |
| Redemption of restricted stock |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$-225.10K | USD | Annual |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | Annual |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.39M | USD | Annual |
| Purchase of bank owned life insurance |
PaymentsToAcquireLifeInsurancePolicies
|
- | USD | Annual |
| Purchase of bank owned life insurance |
PaymentsToAcquireLifeInsurancePolicies
|
$28.86K | USD | Annual |
| Purchase of annuity |
PaymentsToAcquireAnnuities
|
$3.67M | USD | Annual |
| Purchase of annuity |
PaymentsToAcquireAnnuities
|
- | USD | Annual |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$387.11K | USD | Annual |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$300.40K | USD | Annual |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-58.98M | USD | Annual |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-45.70M | USD | Annual |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$21.27M | USD | Annual |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$21.02M | USD | Annual |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$30.13M | USD | Annual |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$32.24M | USD | Annual |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$13.80M | USD | Annual |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$-19.34M | USD | Annual |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
$-8.00M | USD | Annual |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
- | USD | Annual |
| Long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
- | USD | Annual |
| Long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$16.97M | USD | Annual |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$1.07M | USD | Annual |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$1.16M | USD | Annual |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$32.77M | USD | Annual |
| Cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$73.10M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-14.51M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$31.85M | USD | Annual |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$9.12M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$40.98M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$26.46M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$9.12M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$40.98M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$26.46M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaidNet
|
$3.15M | USD | Annual |
| Cash paid during the period for interest |
InterestPaidNet
|
$3.52M | USD | Annual |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$930.43K | USD | Annual |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$1.61M | USD | Annual |
| Net unrealized gain(loss) on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$915.60K | USD | Annual |
| Net unrealized gain(loss) on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$-2.90M | USD | Annual |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$51.73M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$49.45M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$8.15M | USD | Annual |
| Net income |
NetIncomeLoss
|
$2.68M | USD | Annual |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$663.65K | USD | Annual |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.10M | USD | Annual |
| Cash dividends |
DividendsCash
|
$1.55M | USD | Annual |
| Cash dividends |
DividendsCash
|
$1.72M | USD | Annual |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$481.52K | USD | Annual |
| Dividends reinvested |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$563.54K | USD | Annual |
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$51.73M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$49.45M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$8.15M | USD | Annual |
| Net income |
NetIncomeLoss
|
$2.68M | USD | Annual |
| Net unrealized gain (loss) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-2.89M | USD | Annual |
| Net unrealized gain (loss) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$915.60K | USD | Annual |
| Reclassification adjustment for realized gains included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
- | USD | Annual |
| Reclassification adjustment for realized gains included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$9.19K | USD | Annual |
| Total unrealized gain (loss) on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$915.60K | USD | Annual |
| Total unrealized gain (loss) on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-2.90M | USD | Annual |
| Income tax (expense) benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-797.71K | USD | Annual |
| Income tax (expense) benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$251.95K | USD | Annual |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$663.65K | USD | Annual |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.10M | USD | Annual |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.35M | USD | Annual |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$6.05M | USD | Annual |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.