10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-031906 |
| Period End Date | 20230930 |
| Filing Date | 20231114 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | fmfg20230930_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
87 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and due from banks |
CashAndDueFromBanks
|
$23.47M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$6.41M | USD | Point-in-time |
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
$92.05K | USD | Point-in-time |
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
- | USD | Point-in-time |
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
$50.45K | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestBearingDeposits
|
$848.72K | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$3.75M | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$3.65M | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$4.15M | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestBearingDeposits
|
$1.54M | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$4.52M | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$7.26M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$25.01M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$136.56M | USD | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.07M | shares | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$126.31M | USD | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.09M | shares | Point-in-time |
| Common stock, share outstanding (in shares) |
CommonStockSharesOutstanding
|
3.09M | shares | Point-in-time |
| Securities held to maturity, at amortized cost less allowance for credit losses of $92,045 and $0 |
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
|
$20.51M | USD | Point-in-time |
| Common stock, share outstanding (in shares) |
CommonStockSharesOutstanding
|
3.07M | shares | Point-in-time |
| Securities held to maturity, at amortized cost less allowance for credit losses of $92,045 and $0 |
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
|
$20.13M | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$489.14K | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$482.91K | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$863.50K | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$1.33M | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstate
|
- | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstate
|
$428.36K | USD | Point-in-time |
| Loans, less allowance for credit losses of $4,516,402 and $4,150,198 |
NotesReceivableNet
|
$516.92M | USD | Point-in-time |
| Loans, less allowance for credit losses of $4,516,402 and $4,150,198 |
NotesReceivableNet
|
$526.13M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$6.09M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$6.19M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$1.82M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$2.02M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$9.90M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$8.39M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstate
|
$1.24M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstate
|
$1.24M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$14.59M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$14.85M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.04M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.04M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$5.59M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$6.21M | USD | Point-in-time |
| Assets |
Assets
|
$756.64M | USD | Point-in-time |
| Assets |
Assets
|
$718.21M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$113.33M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$126.70M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$496.92M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$530.94M | USD | Point-in-time |
| Total deposits |
Deposits
|
$644.26M | USD | Point-in-time |
| Total deposits |
Deposits
|
$623.61M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$5.18M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$5.36M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$20.00M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$5.00M | USD | Point-in-time |
| Federal Reserve Bank advances |
FederalFundsPurchased
|
$33.00M | USD | Point-in-time |
| Federal Reserve Bank advances |
FederalFundsPurchased
|
- | USD | Point-in-time |
| Long-term debt (net of issuance costs) |
LongTermDebt
|
$15.10M | USD | Point-in-time |
| Long-term debt (net of issuance costs) |
LongTermDebt
|
$13.68M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$1.49M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$349.91K | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.58M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$6.20M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$670.44M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$708.38M | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,092,368 shares in 2023 and 3,071,214 in 2022 |
CommonStockValue
|
$30.71K | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,092,368 shares in 2023 and 3,071,214 in 2022 |
CommonStockValue
|
$30.92K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$29.98M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$29.55M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$38.94M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$35.30M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-17.11M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-20.69M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$48.26M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$45.84M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$48.19M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$49.83M | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$718.21M | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$756.64M | USD | Point-in-time |
Income Statement
116 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.61M | USD | 1 Quarter |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$19.02M | USD | 3 Qtrs |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$16.66M | USD | 3 Qtrs |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$6.61M | USD | 1 Quarter |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$783.61K | USD | 1 Quarter |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$2.17M | USD | 3 Qtrs |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$2.53M | USD | 3 Qtrs |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$996.59K | USD | 1 Quarter |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$416.63K | USD | 3 Qtrs |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$140.19K | USD | 1 Quarter |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$430.50K | USD | 3 Qtrs |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$137.25K | USD | 1 Quarter |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$55.36K | USD | 1 Quarter |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$89.66K | USD | 3 Qtrs |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$258.82K | USD | 1 Quarter |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$469.72K | USD | 3 Qtrs |
| Total interest income |
InterestAndDividendIncomeOperating
|
$22.44M | USD | 3 Qtrs |
| Total interest income |
InterestAndDividendIncomeOperating
|
$19.35M | USD | 3 Qtrs |
| Total interest income |
InterestAndDividendIncomeOperating
|
$8.00M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$6.59M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$313.56K | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$971.32K | USD | 3 Qtrs |
| Deposits |
InterestExpenseDeposits
|
$2.24M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$5.01M | USD | 3 Qtrs |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$12.11K | USD | 1 Quarter |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$2.87K | USD | 1 Quarter |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$23.95K | USD | 3 Qtrs |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$8.56K | USD | 3 Qtrs |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$12.73K | USD | 1 Quarter |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$39.29K | USD | 1 Quarter |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$37.77K | USD | 3 Qtrs |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$452.27K | USD | 3 Qtrs |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
$391.76K | USD | 3 Qtrs |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
- | USD | 1 Quarter |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
$378.50K | USD | 1 Quarter |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
- | USD | 3 Qtrs |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$145.00K | USD | 1 Quarter |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$444.95K | USD | 3 Qtrs |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$505.27K | USD | 3 Qtrs |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$165.16K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.52M | USD | 3 Qtrs |
| Total interest expense |
InterestExpense
|
$494.31K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$6.32M | USD | 3 Qtrs |
| Total interest expense |
InterestExpense
|
$2.81M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$5.19M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$6.09M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$16.11M | USD | 3 Qtrs |
| Net interest income |
InterestIncomeExpenseNet
|
$17.83M | USD | 3 Qtrs |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-570.00K | USD | 3 Qtrs |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-75.00K | USD | 1 Quarter |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$95.00K | USD | 3 Qtrs |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$95.00K | USD | 1 Quarter |
| Net interest income after (recovery of) provision for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$17.73M | USD | 3 Qtrs |
| Net interest income after (recovery of) provision for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$6.00M | USD | 1 Quarter |
| Net interest income after (recovery of) provision for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$5.26M | USD | 1 Quarter |
| Net interest income after (recovery of) provision for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$16.68M | USD | 3 Qtrs |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$92.51K | USD | 3 Qtrs |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$33.59K | USD | 1 Quarter |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$195.83K | USD | 3 Qtrs |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$8.15K | USD | 1 Quarter |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$261.60K | USD | 3 Qtrs |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$179.74K | USD | 3 Qtrs |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$89.75K | USD | 1 Quarter |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$70.48K | USD | 1 Quarter |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-15.34K | USD | 3 Qtrs |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-13.77K | USD | 1 Quarter |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-62.52K | USD | 3 Qtrs |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-17.61K | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 3 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$158.12K | USD | 3 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Total noninterest income |
NoninterestIncome
|
$337.49K | USD | 1 Quarter |
| Total noninterest income |
NoninterestIncome
|
$383.23K | USD | 1 Quarter |
| Total noninterest income |
NoninterestIncome
|
$1.17M | USD | 3 Qtrs |
| Total noninterest income |
NoninterestIncome
|
$1.27M | USD | 3 Qtrs |
| Salaries |
LaborAndRelatedExpense
|
$5.66M | USD | 3 Qtrs |
| Salaries |
LaborAndRelatedExpense
|
$1.99M | USD | 1 Quarter |
| Salaries |
LaborAndRelatedExpense
|
$1.92M | USD | 1 Quarter |
| Salaries |
LaborAndRelatedExpense
|
$5.64M | USD | 3 Qtrs |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.48M | USD | 3 Qtrs |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.37M | USD | 3 Qtrs |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$348.05K | USD | 1 Quarter |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$418.42K | USD | 1 Quarter |
| Occupancy |
OccupancyNet
|
$670.94K | USD | 3 Qtrs |
| Occupancy |
OccupancyNet
|
$229.27K | USD | 1 Quarter |
| Occupancy |
OccupancyNet
|
$645.40K | USD | 3 Qtrs |
| Occupancy |
OccupancyNet
|
$229.13K | USD | 1 Quarter |
| Furniture and equipment |
EquipmentExpense
|
$246.90K | USD | 1 Quarter |
| Furniture and equipment |
EquipmentExpense
|
$739.55K | USD | 3 Qtrs |
| Furniture and equipment |
EquipmentExpense
|
$203.07K | USD | 1 Quarter |
| Furniture and equipment |
EquipmentExpense
|
$642.28K | USD | 3 Qtrs |
| Other |
OtherNoninterestExpense
|
$1.01M | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$2.68M | USD | 3 Qtrs |
| Other |
OtherNoninterestExpense
|
$945.93K | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$2.82M | USD | 3 Qtrs |
| Total noninterest expense |
NoninterestExpense
|
$3.78M | USD | 1 Quarter |
| Total noninterest expense |
NoninterestExpense
|
$11.15M | USD | 3 Qtrs |
| Total noninterest expense |
NoninterestExpense
|
$11.19M | USD | 3 Qtrs |
| Total noninterest expense |
NoninterestExpense
|
$3.75M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$6.66M | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.55M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.90M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$7.86M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$575.24K | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$1.66M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$1.78M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$467.13K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.00M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$6.08M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.43M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.97M | USD | 1 Quarter |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$2.00 | USD | 3 Qtrs |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$0.46 | USD | 1 Quarter |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$1.63 | USD | 3 Qtrs |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$0.65 | USD | 1 Quarter |
Cash Flow Statement
105 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$5.00M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$6.08M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.43M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.97M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$354.81K | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$382.69K | USD | 3 Qtrs |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-570.00K | USD | 3 Qtrs |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-75.00K | USD | 1 Quarter |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$95.00K | USD | 3 Qtrs |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$95.00K | USD | 1 Quarter |
| (Accretion) amortization of right of use asset |
RightofuseAssetAmortization
|
$-3.92K | USD | 3 Qtrs |
| (Accretion) amortization of right of use asset |
RightofuseAssetAmortization
|
$4.41K | USD | 3 Qtrs |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$5.16K | USD | 3 Qtrs |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$9.11K | USD | 3 Qtrs |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-15.34K | USD | 3 Qtrs |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-13.77K | USD | 1 Quarter |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-62.52K | USD | 3 Qtrs |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-17.61K | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 3 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$158.12K | USD | 3 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
- | USD | 3 Qtrs |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
$9.00K | USD | 3 Qtrs |
| Gain on fair value hedge |
DerivativeGainLossOnDerivativeNet
|
$28.13K | USD | 3 Qtrs |
| Gain on fair value hedge |
DerivativeGainLossOnDerivativeNet
|
- | USD | 3 Qtrs |
| Stock based compensation |
ShareBasedCompensation
|
$38.25K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
- | USD | 3 Qtrs |
| Stock based compensation |
ShareBasedCompensation
|
$38.25K | USD | 3 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$4.22K | USD | 3 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$4.22K | USD | 3 Qtrs |
| Amortization of premiums and (accretion of discounts), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$237.88K | USD | 3 Qtrs |
| Amortization of premiums and (accretion of discounts), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$82.39K | USD | 3 Qtrs |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$261.60K | USD | 3 Qtrs |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$179.74K | USD | 3 Qtrs |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$-136.38K | USD | 3 Qtrs |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$-7.15K | USD | 3 Qtrs |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-35.64K | USD | 3 Qtrs |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$1.14M | USD | 3 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-702.99K | USD | 3 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$228.07K | USD | 3 Qtrs |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$243.50K | USD | 3 Qtrs |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$-428.36K | USD | 3 Qtrs |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-8.68K | USD | 3 Qtrs |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$203.00K | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$433.59K | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$52.24K | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.08M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.40M | USD | 3 Qtrs |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$9.03M | USD | 3 Qtrs |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$15.12M | USD | 3 Qtrs |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$1.40M | USD | 3 Qtrs |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$373.42K | USD | 3 Qtrs |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$17.28M | USD | 3 Qtrs |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$24.89M | USD | 3 Qtrs |
| Purchases of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
- | USD | 3 Qtrs |
| Purchases of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
$250.00K | USD | 3 Qtrs |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$24.04M | USD | 3 Qtrs |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$8.93M | USD | 3 Qtrs |
| Proceeds from sale of loans |
ProceedsFromSaleOfLoansReceivable
|
- | USD | 3 Qtrs |
| Proceeds from sale of loans |
ProceedsFromSaleOfLoansReceivable
|
$1.25M | USD | 3 Qtrs |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$19.60K | USD | 3 Qtrs |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$-469.00K | USD | 3 Qtrs |
| Purchase of bank owned life insurance |
PaymentsToAcquireLifeInsurancePolicies
|
- | USD | 3 Qtrs |
| Purchase of bank owned life insurance |
PaymentsToAcquireLifeInsurancePolicies
|
$2.80M | USD | 3 Qtrs |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$9.00K | USD | 3 Qtrs |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 3 Qtrs |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$384.87K | USD | 3 Qtrs |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$256.74K | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-24.19M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-26.51M | USD | 3 Qtrs |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$-13.37M | USD | 3 Qtrs |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$7.09M | USD | 3 Qtrs |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$34.08M | USD | 3 Qtrs |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$5.59M | USD | 3 Qtrs |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$182.37K | USD | 3 Qtrs |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$8.62K | USD | 3 Qtrs |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
- | USD | 3 Qtrs |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
- | USD | 3 Qtrs |
| Federal Reserve Bank advances |
ProceedsFromFederalReserveBankAdvances
|
$33.00M | USD | 3 Qtrs |
| Federal Reserve Bank advances |
ProceedsFromFederalReserveBankAdvances
|
- | USD | 3 Qtrs |
| Federal Home Loan Bank of Atlanta advances |
IncreaseDecreaseInLoansFromOtherFederalHomeLoanBanks
|
$-15.00M | USD | 3 Qtrs |
| Federal Home Loan Bank of Atlanta advances |
IncreaseDecreaseInLoansFromOtherFederalHomeLoanBanks
|
- | USD | 3 Qtrs |
| Long-term debt principal payments |
RepaymentsOfLongTermDebt
|
$1.42M | USD | 3 Qtrs |
| Long-term debt principal payments |
RepaymentsOfLongTermDebt
|
$1.42M | USD | 3 Qtrs |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$629.58K | USD | 3 Qtrs |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$601.36K | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$10.67M | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$36.85M | USD | 3 Qtrs |
| Net (decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$17.75M | USD | 3 Qtrs |
| Net (decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-10.43M | USD | 3 Qtrs |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$7.26M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$26.46M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$25.01M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$16.03M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$7.26M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$26.46M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$25.01M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$16.03M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaidNet
|
$1.68M | USD | 3 Qtrs |
| Cash paid during the period for interest |
InterestPaidNet
|
$5.24M | USD | 3 Qtrs |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$2.53M | USD | 3 Qtrs |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$1.85M | USD | 3 Qtrs |
| Net unrealized loss on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$-5.61M | USD | 3 Qtrs |
| Net unrealized loss on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$-22.42M | USD | 3 Qtrs |
Stockholders Equity
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.31 | USD | 3 Qtrs |
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.31 | USD | 3 Qtrs |
| Balance |
StockholdersEquity
|
$48.26M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$45.84M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$48.19M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$49.83M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$5.00M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$6.08M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.43M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.97M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-4.32M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.58M | USD | 3 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-16.25M | USD | 3 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.04M | USD | 1 Quarter |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$383.92K | USD | 3 Qtrs |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$340.08K | USD | 3 Qtrs |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$1.00 | USD | 1 Quarter |
| Cash dividends, $0.31 per share |
DividendsCash
|
$941.44K | USD | 3 Qtrs |
| Cash dividends, $0.31 per share |
DividendsCash
|
$1.01M | USD | 3 Qtrs |
| Stock based compensation |
ShareBasedCompensation
|
$38.25K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
- | USD | 3 Qtrs |
| Stock based compensation |
ShareBasedCompensation
|
$38.25K | USD | 3 Qtrs |
| Balance |
StockholdersEquity
|
$48.26M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$45.84M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$48.19M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$49.83M | USD | Point-in-time |
Comprehensive Income
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$5.00M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$6.08M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.43M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.97M | USD | 1 Quarter |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-5.96M | USD | 1 Quarter |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-4.20M | USD | 1 Quarter |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-4.94M | USD | 3 Qtrs |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-22.42M | USD | 3 Qtrs |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-4.94M | USD | 3 Qtrs |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-4.20M | USD | 1 Quarter |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-22.42M | USD | 3 Qtrs |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-5.96M | USD | 1 Quarter |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-1.36M | USD | 3 Qtrs |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-6.17M | USD | 3 Qtrs |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-1.64M | USD | 1 Quarter |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-1.16M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.58M | USD | 3 Qtrs |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-16.25M | USD | 3 Qtrs |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.04M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.32M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-10.18M | USD | 3 Qtrs |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-2.35M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-1.61M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$1.42M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.