10-K Filing
Filing Information
| Form Type | 10-K |
| Accession Number | 0001437749-24-007276 |
| Period End Date | 20231231 |
| Filing Date | 20240311 |
| Fiscal Year | 2023 |
| Fiscal Period | FY |
| XBRL Instance | fmfg20231231_10k_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
83 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
- | USD | Point-in-time |
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
$35.63K | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$44.40M | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$4.29M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$6.41M | 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 |
| 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
|
$285.86K | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestBearingDeposits
|
$848.72K | USD | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$44.69M | USD | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$7.26M | USD | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.12M | shares | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.07M | shares | Point-in-time |
| Common stock, share outstanding (in shares) |
CommonStockSharesOutstanding
|
3.12M | shares | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$164.08M | USD | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$126.31M | 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 $35,627 and $0 |
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
|
$20.16M | USD | Point-in-time |
| Securities held to maturity, at amortized cost less allowance for credit losses of $35,627 and $0 |
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
|
$20.51M | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$507.13K | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$489.14K | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$1.33M | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$863.50K | 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 $4,285,247 and $4,150,198 |
NotesReceivableNet
|
$516.92M | USD | Point-in-time |
| Loans, less allowance for credit losses of $4,285,247 and $4,150,198 |
NotesReceivableNet
|
$523.31M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$6.58M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$6.19M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$2.18M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$1.82M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$8.31M | 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
|
$14.93M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.05M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.03M | 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
|
$5.94M | USD | Point-in-time |
| Assets |
Assets
|
$799.94M | USD | Point-in-time |
| Assets |
Assets
|
$718.21M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$115.28M | 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
|
$565.68M | USD | Point-in-time |
| Total deposits |
Deposits
|
$623.61M | USD | Point-in-time |
| Total deposits |
Deposits
|
$680.96M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$6.76M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$5.18M | 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
|
$20.00M | 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
|
$13.21M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$1.48M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$349.91K | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$7.34M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$6.20M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$747.76M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$670.44M | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,116,966 shares in 2023 and 3,071,214 shares in 2022 |
CommonStockValue
|
$31.17K | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,116,966 shares in 2023 and 3,071,214 shares in 2022 |
CommonStockValue
|
$30.71K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$30.40M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$29.55M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$39.43M | 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
|
$-17.68M | 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
|
$52.18M | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$799.94M | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$718.21M | USD | Point-in-time |
Income Statement
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$25.73M | USD | Annual |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$22.57M | USD | Annual |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$2.98M | USD | Annual |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$4.30M | USD | Annual |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$554.40K | USD | Annual |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$570.65K | USD | Annual |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$738.81K | USD | Annual |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$152.66K | USD | Annual |
| Total interest income |
InterestAndDividendIncomeOperating
|
$26.27M | USD | Annual |
| Total interest income |
InterestAndDividendIncomeOperating
|
$31.32M | USD | Annual |
| Deposits |
InterestExpenseDeposits
|
$1.38M | USD | Annual |
| Deposits |
InterestExpenseDeposits
|
$7.97M | USD | Annual |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$12.77K | USD | Annual |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$41.87K | USD | Annual |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$485.89K | USD | Annual |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$93.08K | USD | Annual |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
- | USD | Annual |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
$823.32K | USD | Annual |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$664.62K | USD | Annual |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$584.95K | USD | Annual |
| Total interest expense |
InterestExpense
|
$9.91M | USD | Annual |
| Total interest expense |
InterestExpense
|
$2.15M | USD | Annual |
| Net interest income |
InterestIncomeExpenseNet
|
$21.42M | USD | Annual |
| Net interest income |
InterestIncomeExpenseNet
|
$24.12M | USD | Annual |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$475.00K | USD | Annual |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-570.00K | USD | Annual |
| Net interest income after (recovery of) provision for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$21.99M | USD | Annual |
| Net interest income after (recovery of) provision for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$23.65M | USD | Annual |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$97.00K | USD | Annual |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$214.04K | USD | Annual |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$345.41K | USD | Annual |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$229.18K | USD | Annual |
| Fair value adjustment of equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-62.09K | USD | Annual |
| Fair value adjustment of equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$5.45K | USD | Annual |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$19.39K | USD | Annual |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$158.12K | USD | Annual |
| Gain on insurance proceeds, net |
GainOnBusinessInterruptionInsuranceRecovery
|
$673.48K | USD | Annual |
| Gain on insurance proceeds, net |
GainOnBusinessInterruptionInsuranceRecovery
|
$4.41K | USD | Annual |
| Total noninterest income |
NoninterestIncome
|
$2.29M | USD | Annual |
| Total noninterest income |
NoninterestIncome
|
$1.59M | USD | Annual |
| Salaries |
LaborAndRelatedExpense
|
$7.87M | USD | Annual |
| Salaries |
LaborAndRelatedExpense
|
$7.54M | USD | Annual |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.80M | USD | Annual |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$2.00M | USD | Annual |
| Occupancy |
OccupancyNet
|
$890.93K | USD | Annual |
| Occupancy |
OccupancyNet
|
$874.77K | USD | Annual |
| Furniture and equipment |
EquipmentExpense
|
$983.13K | USD | Annual |
| Furniture and equipment |
EquipmentExpense
|
$891.25K | USD | Annual |
| Professional services |
ProfessionalFees
|
$642.37K | USD | Annual |
| Professional services |
ProfessionalFees
|
$894.72K | USD | Annual |
| Automated teller machine and debit card expenses |
AutomatedTellerMachineAndDebitCardExpense
|
$473.92K | USD | Annual |
| Automated teller machine and debit card expenses |
AutomatedTellerMachineAndDebitCardExpense
|
$509.12K | USD | Annual |
| Federal Deposit Insurance Corporation premiums |
FederalDepositInsuranceCorporationPremiumExpense
|
$180.20K | USD | Annual |
| Federal Deposit Insurance Corporation premiums |
FederalDepositInsuranceCorporationPremiumExpense
|
$339.02K | USD | Annual |
| Postage, delivery, and armored carrier |
PostageDeliveryAndArmoredCarrierExpense
|
$266.65K | USD | Annual |
| Postage, delivery, and armored carrier |
PostageDeliveryAndArmoredCarrierExpense
|
$235.41K | USD | Annual |
| Advertising |
AdvertisingExpense
|
$258.03K | USD | Annual |
| Advertising |
AdvertisingExpense
|
$270.31K | USD | Annual |
| Other real estate owned, net |
OtherRealEstateOwnedNet
|
$21.70K | USD | Annual |
| Other real estate owned, net |
OtherRealEstateOwnedNet
|
$-235.54K | USD | Annual |
| Other |
OtherNoninterestExpense
|
$1.86M | USD | Annual |
| Other |
OtherNoninterestExpense
|
$1.95M | USD | Annual |
| Total noninterest expense |
NoninterestExpense
|
$15.37M | USD | Annual |
| Total noninterest expense |
NoninterestExpense
|
$15.14M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$10.58M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$8.44M | USD | Annual |
| Income taxes |
IncomeTaxExpenseBenefit
|
$2.49M | USD | Annual |
| Income taxes |
IncomeTaxExpenseBenefit
|
$2.02M | USD | Annual |
| Net income |
NetIncomeLoss
|
$8.09M | USD | Annual |
| Net income |
NetIncomeLoss
|
$6.42M | USD | Annual |
| Earnings per common share - basic (in dollars per share) |
EarningsPerShareBasic
|
$2.66 | USD | Annual |
| Earnings per common share - basic (in dollars per share) |
EarningsPerShareBasic
|
$2.08 | USD | Annual |
| Earnings per common share - diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.08 | USD | Annual |
| Earnings per common share - diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.66 | USD | Annual |
Cash Flow Statement
102 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$8.09M | USD | Annual |
| Net income |
NetIncomeLoss
|
$6.42M | USD | Annual |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$510.09K | USD | Annual |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$482.49K | USD | Annual |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$475.00K | USD | Annual |
| (Recovery of) provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-570.00K | USD | Annual |
| (Accretion) amortization of right of use asset |
RightofuseAssetAmortization
|
$4.36K | USD | Annual |
| (Accretion) amortization of right of use asset |
RightofuseAssetAmortization
|
$-6.57K | USD | Annual |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$12.54K | USD | Annual |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$7.63K | USD | Annual |
| Unrealized (gain) loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-62.09K | USD | Annual |
| Unrealized (gain) loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$5.45K | USD | Annual |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$19.39K | USD | Annual |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$158.12K | USD | Annual |
| Deferred tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-250.67K | USD | Annual |
| Deferred tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$392.17K | USD | Annual |
| Gain on sale of other real estate owned |
GainLossOnOtherRealEstateSold
|
$235.54K | USD | Annual |
| Gain on sale of other real estate owned |
GainLossOnOtherRealEstateSold
|
- | USD | Annual |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
- | USD | Annual |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
$9.00K | USD | Annual |
| Gain on insurance proceeds |
GainOnBusinessInterruptionInsuranceRecovery
|
$673.48K | USD | Annual |
| Gain on insurance proceeds |
GainOnBusinessInterruptionInsuranceRecovery
|
$4.41K | USD | Annual |
| Gain on fair value hedge |
DerivativeGainLossOnDerivativeNet
|
$45.72K | USD | Annual |
| Gain on fair value hedge |
DerivativeGainLossOnDerivativeNet
|
- | USD | Annual |
| Stock based compensation |
ShareBasedCompensation
|
$42.79K | USD | Annual |
| Stock based compensation |
ShareBasedCompensation
|
- | USD | Annual |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$5.62K | USD | Annual |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$5.62K | USD | Annual |
| Amortization of premiums and (accretion of discounts), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$332.17K | USD | Annual |
| Amortization of premiums and (accretion of discounts), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$224.66K | USD | Annual |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$229.18K | USD | Annual |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$345.41K | USD | Annual |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$-111.16K | USD | Annual |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$-35.20K | USD | Annual |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$54.00K | USD | Annual |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$1.13M | USD | Annual |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-494.85K | USD | Annual |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$396.54K | USD | Annual |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$301.86K | USD | Annual |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$-428.36K | USD | Annual |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$206.72K | USD | Annual |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$364.95K | USD | Annual |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$250.78K | USD | Annual |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$544.63K | USD | Annual |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.90M | USD | Annual |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$7.16M | USD | Annual |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$19.99M | USD | Annual |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$12.91M | USD | Annual |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$1.46M | USD | Annual |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$431.42K | USD | Annual |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$49.74M | USD | Annual |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$19.19M | USD | Annual |
| Redemption of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
$250.00K | USD | Annual |
| Redemption of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
- | USD | Annual |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$5.81M | USD | Annual |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$35.96M | USD | Annual |
| Proceeds from sale of loans |
ProceedsFromSaleOfLoansReceivable
|
- | USD | Annual |
| Proceeds from sale of loans |
ProceedsFromSaleOfLoansReceivable
|
$1.25M | USD | Annual |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$-469.00K | USD | Annual |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$657.10K | USD | Annual |
| Purchase of bank owned life insurance |
PaymentsToAcquireLifeInsurancePolicies
|
$2.80M | USD | Annual |
| Purchase of bank owned life insurance |
PaymentsToAcquireLifeInsurancePolicies
|
- | USD | Annual |
| Proceeds from sale of other real estate owned |
ProceedsFromSaleOfOtherRealEstate
|
- | USD | Annual |
| Proceeds from sale of other real estate owned |
ProceedsFromSaleOfOtherRealEstate
|
$235.54K | USD | Annual |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | Annual |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$9.00K | USD | Annual |
| Proceeds from insurance |
ProceedsFromInsuranceSettlementInvestingActivities
|
$711.21K | USD | Annual |
| Proceeds from insurance |
ProceedsFromInsuranceSettlementInvestingActivities
|
$4.41K | USD | Annual |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$863.42K | USD | Annual |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$410.84K | USD | Annual |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-35.36M | USD | Annual |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-42.36M | USD | Annual |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$2.52M | USD | Annual |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$-11.41M | USD | Annual |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$-5.16M | USD | Annual |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$68.83M | USD | Annual |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$-238.72K | USD | Annual |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$1.59M | USD | Annual |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
$-15.00M | USD | Annual |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
$15.00M | USD | Annual |
| Federal Reserve Bank advances |
ProceedsFromFederalReserveBankAdvances
|
- | USD | Annual |
| Federal Reserve Bank advances |
ProceedsFromFederalReserveBankAdvances
|
$33.00M | USD | Annual |
| Long-term debt principal payments |
RepaymentsOfLongTermDebt
|
$1.89M | USD | Annual |
| Long-term debt principal payments |
RepaymentsOfLongTermDebt
|
$1.89M | USD | Annual |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$1.23M | USD | Annual |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$1.24M | USD | Annual |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$73.88M | USD | Annual |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$9.00M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$37.43M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-19.20M | USD | Annual |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$44.69M | USD | Point-in-time |
| 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 end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$44.69M | 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 paid during the period for interest |
InterestPaidNet
|
$8.83M | USD | Annual |
| Cash paid during the period for interest |
InterestPaidNet
|
$2.24M | USD | Annual |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$3.37M | USD | Annual |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$2.39M | USD | Annual |
| Net unrealized gain (loss) on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$-21.68M | USD | Annual |
| Net unrealized gain (loss) on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$811.38K | USD | Annual |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.66 | USD | Annual |
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.63 | USD | Annual |
| Balance |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$52.18M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$8.09M | USD | Annual |
| Net income |
NetIncomeLoss
|
$6.42M | USD | Annual |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-15.71M | USD | Annual |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-578.32K | USD | Annual |
| Cash dividends |
DividendsCash
|
$2.03M | USD | Annual |
| Cash dividends |
DividendsCash
|
$1.92M | USD | Annual |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$797.99K | USD | Annual |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$692.83K | USD | Annual |
| Stock based compensation |
ShareBasedCompensation
|
$42.79K | USD | Annual |
| Stock based compensation |
ShareBasedCompensation
|
- | USD | Annual |
| Balance |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$52.18M | USD | Point-in-time |
Comprehensive Income
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$8.09M | USD | Annual |
| Net income |
NetIncomeLoss
|
$6.42M | USD | Annual |
| Total unrealized gain (loss) on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-21.68M | USD | Annual |
| Total unrealized gain (loss) on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$811.38K | USD | Annual |
| Income tax (expense) benefit |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$223.27K | USD | Annual |
| Income tax (expense) benefit |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$-5.96M | USD | Annual |
| Net unrealized gain (loss) on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$588.11K | USD | Annual |
| Net unrealized gain (loss) on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-15.71M | USD | Annual |
| Total unrealized loss on derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
- | USD | Annual |
| Total unrealized loss on derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
$-1.56M | USD | Annual |
| Income tax benefit |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
|
- | USD | Annual |
| Income tax benefit |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
|
$-397.10K | USD | Annual |
| Net unrealized loss on derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-1.17M | USD | Annual |
| Net unrealized loss on derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
- | USD | Annual |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-15.71M | USD | Annual |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-578.32K | USD | Annual |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-7.62M | USD | Annual |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$5.84M | USD | Annual |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.