SOUTHWEST GEORGIA FINANCIAL CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2023 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-12-31 | $0 |
| Total plan liabilities at beginning of year | 2023-12-31 | $1,498 |
| Total income from all sources | 2023-12-31 | $7,479 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $0 |
| Total plan assets at end of year | 2023-12-31 | $244,974 |
| Total plan assets at beginning of year | 2023-12-31 | $238,993 |
| Value of fidelity bond covering the plan | 2023-12-31 | $1,000,000 |
| Other income received | 2023-12-31 | $7,479 |
| Net income (gross income less expenses) | 2023-12-31 | $7,479 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $244,974 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $237,495 |
| Assets. Value of participant loans | 2023-12-31 | $13,814 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $0 |
| 2022 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-12-31 | $1,498 |
| Total plan liabilities at beginning of year | 2022-12-31 | $1,498 |
| Total income from all sources | 2022-12-31 | $205,054 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $1,718,094 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $1,718,094 |
| Total plan assets at end of year | 2022-12-31 | $238,993 |
| Total plan assets at beginning of year | 2022-12-31 | $1,752,033 |
| Value of fidelity bond covering the plan | 2022-12-31 | $1,000,000 |
| Other income received | 2022-12-31 | $205,054 |
| Net income (gross income less expenses) | 2022-12-31 | $-1,513,040 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $237,495 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,750,535 |
| Assets. Value of employer securities | 2022-12-31 | $15,077 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $0 |
| 2021 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $1,661,327 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $1,661,327 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,498 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $37,679 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,827,048 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $6,573,753 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $6,519,180 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $40,326 |
| Value of total assets at end of year | 2021-12-31 | $1,752,033 |
| Value of total assets at beginning of year | 2021-12-31 | $6,534,919 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $54,573 |
| Total interest from all sources | 2021-12-31 | $122 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $110,632 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2021-12-31 | $0 |
| Administrative expenses professional fees incurred | 2021-12-31 | $54,573 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $40,326 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $40,326 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $22,288 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $1,498 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $37,679 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-4,746,705 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,750,535 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,497,240 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $34,282 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $117,030 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $178,339 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $119,125 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $119,125 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $122 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $11,228 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $14,641 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $1,533,368 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $6,230,966 |
| Income. Dividends from common stock | 2021-12-31 | $110,632 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $6,519,180 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2021-12-31 | 582663273 |
| 2020 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-1,670,764 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-1,670,764 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $37,679 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $911,718 |
| Expenses. Interest paid | 2020-12-31 | $20,621 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $20,621 |
| Total income from all sources (including contributions) | 2020-12-31 | $-1,491,639 |
| Total loss/gain on sale of assets | 2020-12-31 | $59,357 |
| Total of all expenses incurred | 2020-12-31 | $64,248 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
| Value of total assets at end of year | 2020-12-31 | $6,534,919 |
| Value of total assets at beginning of year | 2020-12-31 | $8,964,845 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $43,627 |
| Total interest from all sources | 2020-12-31 | $64 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $99,638 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $43,627 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $22,288 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $63 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $37,679 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-1,555,887 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,497,240 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $8,053,127 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $34,282 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $117,030 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $131,394 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $119,125 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $8,861 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $8,861 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $64 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $11,228 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $11,079 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $20,066 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $6,230,966 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $8,813,448 |
| Income. Dividends from common stock | 2020-12-31 | $99,638 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $971,075 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $911,718 |
| Liabilities. Value of acquisition indebtedness at end of year | 2020-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $911,718 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2020-12-31 | 582663273 |
| 2019 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $3,720,755 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $3,720,755 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $911,718 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $640,000 |
| Expenses. Interest paid | 2019-12-31 | $58,477 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2019-12-31 | $58,477 |
| Total income from all sources (including contributions) | 2019-12-31 | $4,316,949 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,435,645 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,350,813 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $450,000 |
| Value of total assets at end of year | 2019-12-31 | $8,964,845 |
| Value of total assets at beginning of year | 2019-12-31 | $5,811,823 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $26,355 |
| Total interest from all sources | 2019-12-31 | $2,471 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $120,944 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $26,355 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $63 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $623 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $2,881,304 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,053,127 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $5,171,823 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $131,394 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $108,780 |
| Interest earned on other investments | 2019-12-31 | $164 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $8,861 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $575,915 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $575,915 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $2,307 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $11,079 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $10,915 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $22,779 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $8,813,448 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $5,115,590 |
| Contributions received in cash from employer | 2019-12-31 | $450,000 |
| Income. Dividends from common stock | 2019-12-31 | $120,944 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,350,813 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2019-12-31 | $911,718 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $640,000 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2019-12-31 | 582663273 |
| 2018 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-938,362 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-938,362 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $640,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $105,376 |
| Expenses. Interest paid | 2018-12-31 | $27,596 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2018-12-31 | $27,596 |
| Total income from all sources (including contributions) | 2018-12-31 | $-346,188 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,086,404 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,029,664 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $475,000 |
| Value of total assets at end of year | 2018-12-31 | $5,811,823 |
| Value of total assets at beginning of year | 2018-12-31 | $6,709,791 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $29,144 |
| Total interest from all sources | 2018-12-31 | $6,277 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $118,715 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $29,144 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $623 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $80 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $376 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,432,592 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $5,171,823 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $6,604,415 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $108,780 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $116,597 |
| Interest earned on other investments | 2018-12-31 | $4,702 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $575,915 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $100,519 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $100,519 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,575 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $10,915 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $343,195 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-7,818 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $5,115,590 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $6,149,400 |
| Contributions received in cash from employer | 2018-12-31 | $475,000 |
| Income. Dividends from common stock | 2018-12-31 | $118,715 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,029,664 |
| Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2018-12-31 | $640,000 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $105,000 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2018-12-31 | 582663273 |
| 2017 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $1,027,809 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $1,027,809 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $105,376 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $185,000 |
| Expenses. Interest paid | 2017-12-31 | $17,051 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2017-12-31 | $17,051 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,596,444 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $630,325 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $574,711 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $425,000 |
| Value of total assets at end of year | 2017-12-31 | $6,709,791 |
| Value of total assets at beginning of year | 2017-12-31 | $5,823,296 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $38,563 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $113,409 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $38,563 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $80 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $1 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $376 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $966,119 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $6,604,415 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $5,638,296 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $116,597 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $112,919 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $100,519 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $78,468 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $78,468 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $343,195 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $392,449 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $30,226 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $6,149,400 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $5,239,459 |
| Contributions received in cash from employer | 2017-12-31 | $425,000 |
| Income. Dividends from common stock | 2017-12-31 | $113,409 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $574,711 |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2017-12-31 | $105,000 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $185,000 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2017-12-31 | 582663273 |
| 2016 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $1,066,869 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $1,066,869 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $185,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $367,639 |
| Expenses. Interest paid | 2016-12-31 | $17,828 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2016-12-31 | $17,828 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,597,524 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $1,039,100 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $991,423 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $400,000 |
| Value of total assets at end of year | 2016-12-31 | $5,823,296 |
| Value of total assets at beginning of year | 2016-12-31 | $5,447,511 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $29,849 |
| Total interest from all sources | 2016-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $111,903 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $29,849 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $1 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $558,424 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $5,638,296 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $5,079,872 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $112,919 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $200,458 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $78,468 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $33,417 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $33,417 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $392,449 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $415,732 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $18,752 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $5,239,459 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $4,797,904 |
| Contributions received in cash from employer | 2016-12-31 | $400,000 |
| Income. Dividends from common stock | 2016-12-31 | $111,903 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $991,423 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $4,639 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2016-12-31 | $185,000 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $363,000 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2016-12-31 | 582663273 |
| 2015 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $471,616 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $471,616 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $367,639 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $15,667 |
| Total income from all sources (including contributions) | 2015-12-31 | $908,486 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $2,250,617 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $2,245,961 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $294,692 |
| Value of total assets at end of year | 2015-12-31 | $5,447,511 |
| Value of total assets at beginning of year | 2015-12-31 | $6,437,670 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $4,656 |
| Total interest from all sources | 2015-12-31 | $332 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $126,716 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Administrative expenses (other) incurred | 2015-12-31 | $4,656 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-1,342,131 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $5,079,872 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $6,422,003 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $200,458 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $907,567 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $33,417 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $128,346 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $128,346 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $332 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $415,732 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $738,366 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $15,130 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $4,797,904 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $4,663,391 |
| Contributions received in cash from employer | 2015-12-31 | $294,692 |
| Income. Dividends from common stock | 2015-12-31 | $126,716 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $2,245,961 |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $4,639 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2015-12-31 | $363,000 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2015-12-31 | $15,667 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2015-12-31 | 582663273 |
| 2014 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $879,212 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $879,212 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $15,667 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $20,000 |
| Total income from all sources (including contributions) | 2014-12-31 | $1,385,176 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $257,456 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $253,039 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $321,000 |
| Value of total assets at end of year | 2014-12-31 | $6,437,670 |
| Value of total assets at beginning of year | 2014-12-31 | $5,314,283 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $4,417 |
| Total interest from all sources | 2014-12-31 | $130 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $104,009 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Administrative expenses (other) incurred | 2014-12-31 | $4,417 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $1,127,720 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $6,422,003 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $5,294,283 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $907,567 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $1,110,736 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $128,346 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $9,705 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $9,705 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $130 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $738,366 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $493,228 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $80,825 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $4,663,391 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $3,700,614 |
| Contributions received in cash from employer | 2014-12-31 | $321,000 |
| Income. Dividends from common stock | 2014-12-31 | $104,009 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $253,039 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2014-12-31 | $15,667 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $20,000 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2014-12-31 | 582663273 |
| 2013 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $561,400 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $561,400 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $20,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $59,796 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,042,321 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $213,682 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $211,307 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $275,000 |
| Value of total assets at end of year | 2013-12-31 | $5,314,283 |
| Value of total assets at beginning of year | 2013-12-31 | $4,525,440 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $2,375 |
| Total interest from all sources | 2013-12-31 | $31 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $59,367 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Administrative expenses (other) incurred | 2013-12-31 | $2,375 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $828,639 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $5,294,283 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $4,465,644 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $1,110,736 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $930,928 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $9,705 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $32,706 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $32,706 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $31 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $493,228 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $680,544 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $146,523 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $3,700,614 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $2,881,262 |
| Contributions received in cash from employer | 2013-12-31 | $275,000 |
| Income. Dividends from common stock | 2013-12-31 | $59,367 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $211,307 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2013-12-31 | $20,000 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2013-12-31 | $59,796 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | TJS DEEMER DANA LLP |
| Accountancy firm EIN | 2013-12-31 | 582663273 |
| 2012 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data |
|---|
| Total plan liabilities at end of year | 2012-12-31 | $59,796 |
| Total plan liabilities at beginning of year | 2012-12-31 | $106,000 |
| Total income from all sources | 2012-12-31 | $645,331 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $39,288 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $34,228 |
| Total plan assets at end of year | 2012-12-31 | $4,525,440 |
| Total plan assets at beginning of year | 2012-12-31 | $3,965,601 |
| Value of fidelity bond covering the plan | 2012-12-31 | $1,000,000 |
| Expenses. Other expenses not covered elsewhere | 2012-12-31 | $5,060 |
| Other income received | 2012-12-31 | $520,331 |
| Net income (gross income less expenses) | 2012-12-31 | $606,043 |
| Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $4,465,644 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $3,859,601 |
| Assets. Value of employer securities | 2012-12-31 | $2,881,262 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $125,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| 2011 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data |
|---|
| Total plan liabilities at end of year | 2011-12-31 | $106,000 |
| Total plan liabilities at beginning of year | 2011-12-31 | $101,462 |
| Total income from all sources | 2011-12-31 | $-527,198 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $449,774 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $446,476 |
| Total plan assets at end of year | 2011-12-31 | $3,965,601 |
| Total plan assets at beginning of year | 2011-12-31 | $4,938,035 |
| Value of fidelity bond covering the plan | 2011-12-31 | $1,000,000 |
| Expenses. Other expenses not covered elsewhere | 2011-12-31 | $3,298 |
| Other income received | 2011-12-31 | $-627,198 |
| Net income (gross income less expenses) | 2011-12-31 | $-976,972 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $3,859,601 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $4,836,573 |
| Assets. Value of employer securities | 2011-12-31 | $2,486,852 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $100,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| 2010 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data |
|---|
| Total plan liabilities at end of year | 2010-12-31 | $101,462 |
| Total plan liabilities at beginning of year | 2010-12-31 | $129,423 |
| Total income from all sources | 2010-12-31 | $837,022 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $278,556 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $274,361 |
| Total plan assets at end of year | 2010-12-31 | $4,938,035 |
| Total plan assets at beginning of year | 2010-12-31 | $4,407,530 |
| Value of fidelity bond covering the plan | 2010-12-31 | $1,000,000 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $4,195 |
| Other income received | 2010-12-31 | $762,022 |
| Net income (gross income less expenses) | 2010-12-31 | $558,466 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $4,836,573 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $4,278,107 |
| Assets. Value of employer securities | 2010-12-31 | $3,446,929 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $75,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| 2009 : SOUTHWEST GEORGIA FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
