v3.3.1.900

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents:
Cash and due from banks	$ 2,993,284	$ 3,034,889
Total cash and cash equivalents	2,993,284	3,034,889
Securities available-for-sale	15,268,221	21,173,560
Securities held-to-maturity (fair value of $3,383,121 and $3,472,710 at December 31, 2015 and 2014, respectively)	3,412,281	3,444,699
Nonmarketable equity securities	500,900	720,800
Loans receivable, net	80,980,708	78,426,868
Less allowance for loan losses	1,079,782	1,006,794
Loans, net	79,900,926	77,420,074
Premises, furniture and equipment, net	2,783,775	2,959,222
Accrued interest receivable	367,412	363,444
Other real estate owned	1,710,235	1,441,095
Deferred tax asset	1,985,168	2,156,902
Other assets	218,848	207,401
Total assets	109,141,050	112,922,086
Deposits:
Noninterest-bearing transaction accounts	16,536,465	14,555,810
Interest-bearing transaction accounts	9,447,087	8,005,384
Savings and money market	41,986,056	43,484,515
Time deposits $100,000 and over	14,223,750	12,199,291
Other time deposits	8,348,008	9,713,312
Total deposits	90,541,366	87,958,312
Federal Home Loan Bank advances	5,000,000	11,500,000
Accrued interest payable	14,273	13,766
Other liabilities	25,805	105,060
Total liabilities	$ 95,581,444	$ 99,577,138
Commitments and contingencies (Notes 13, 14 and 19)
Shareholders' equity:
Common stock, $.01 par value, 10,000,000 shares authorized; 1,765,939 and 1,764,439 shares issued and outstanding at December 31, 2015 and 2014, respectively	$ 17,659	$ 17,644
Capital surplus	17,721,059	17,693,644
Accumulated deficit	(5,640,184)	(5,850,277)
Accumulated other comprehensive loss	(102,928)	(80,063)
Total shareholders' equity	13,559,606	13,344,948
Total liabilities and shareholders' equity	109,141,050	112,922,086
Series A Preferred Stock [Member]
Shareholders' equity:
Preferred stock	1,400,000	1,400,000
Series B Preferred Stock [Member]
Shareholders' equity:
Preferred stock	$ 164,000	$ 164,000

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Congaree Bancshares Inc 10-K