Quarterly report pursuant to Section 13 or 15(d)

Real Estate Owned

Real Estate Owned
9 Months Ended
Sep. 30, 2017
Banking and Thrift [Abstract]  
Real Estate Owned [Text Block]
Real Estate Owned
Property purchased for rental or acquired through foreclosure are included on the balance sheet as real estate owned.
As of September 30, 2017, real estate owned totaled $1,224,969 with no valuation allowance, all of which is held for rental.