Premises and Equipment
|12 Months Ended|
Dec. 31, 2016
|Premises and Equipment [Abstract]|
|PREMISES AND EQUIPMENT||
Premises and equipment at December 31, 2016 and 2015 consists of the following:
Depreciation expense amounted to $52,962 and $16,436 for the years ended December 31, 2016 and 2015. respectively.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef