HERRING BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK
| Measure | Date | Value |
|---|
| 2023 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $1,983,102 |
| Total loss/gain on sale of assets | 2023-12-31 | $42,791 |
| Total of all expenses incurred | 2023-12-31 | $687,241 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $614,936 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $450,000 |
| Value of total assets at end of year | 2023-12-31 | $12,547,266 |
| Value of total assets at beginning of year | 2023-12-31 | $11,251,405 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $72,305 |
| Total interest from all sources | 2023-12-31 | $59,425 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $142,574 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2023-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $0 |
| Other income not declared elsewhere | 2023-12-31 | $52,445 |
| Administrative expenses (other) incurred | 2023-12-31 | $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 | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,295,861 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $12,547,266 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $11,251,405 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Assets. partnership/joint venture interests at beginning of year | 2023-12-31 | $0 |
| Investment advisory and management fees | 2023-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $4,754,469 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $6,250,620 |
| Income. Interest from US Government securities | 2023-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $520,964 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $453,414 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $453,414 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $59,425 |
| Asset value of US Government securities at end of year | 2023-12-31 | $1,471,806 |
| Asset value of US Government securities at beginning of year | 2023-12-31 | $1,395,697 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,235,867 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Assets. Invements in employer securities at end of year | 2023-12-31 | $0 |
| Contributions received in cash from employer | 2023-12-31 | $450,000 |
| Employer contributions (assets) at end of year | 2023-12-31 | $450,000 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $0 |
| Income. Dividends from common stock | 2023-12-31 | $142,574 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $614,936 |
| Contract administrator fees | 2023-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-12-31 | $5,350,027 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-12-31 | $3,151,674 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Aggregate proceeds on sale of assets | 2023-12-31 | $42,791 |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2023-12-31 | 463602660 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $1,983,102 |
| Total loss/gain on sale of assets | 2023-01-01 | $42,791 |
| Total of all expenses incurred | 2023-01-01 | $687,241 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $614,936 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $450,000 |
| Value of total assets at end of year | 2023-01-01 | $12,547,266 |
| Value of total assets at beginning of year | 2023-01-01 | $11,251,405 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $72,305 |
| Total interest from all sources | 2023-01-01 | $55,404 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $142,574 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2023-01-01 | $0 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $0 |
| Other income not declared elsewhere | 2023-01-01 | $52,445 |
| Administrative expenses (other) incurred | 2023-01-01 | $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 | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $1,295,861 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $12,547,266 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $11,251,405 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Assets. partnership/joint venture interests at beginning of year | 2023-01-01 | $0 |
| Investment advisory and management fees | 2023-01-01 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $4,754,469 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $6,250,620 |
| Income. Interest from US Government securities | 2023-01-01 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $520,964 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $55,404 |
| Asset value of US Government securities at end of year | 2023-01-01 | $1,471,806 |
| Asset value of US Government securities at beginning of year | 2023-01-01 | $1,395,697 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,239,888 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Assets. Invements in employer securities at end of year | 2023-01-01 | $0 |
| Contributions received in cash from employer | 2023-01-01 | $450,000 |
| Employer contributions (assets) at end of year | 2023-01-01 | $450,000 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $0 |
| Income. Dividends from common stock | 2023-01-01 | $142,574 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $614,936 |
| Contract administrator fees | 2023-01-01 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-01-01 | $5,350,027 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-01-01 | $3,151,674 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Aggregate proceeds on sale of assets | 2023-01-01 | $42,791 |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PATTILLO, BROWN & HILL, LLP |
| Accountancy firm EIN | 2023-01-01 | 741130599 |
| 2022 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2022-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-2,480,298 |
| Total loss/gain on sale of assets | 2022-12-31 | $53,623 |
| Total of all expenses incurred | 2022-12-31 | $688,515 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $604,284 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $0 |
| Value of total assets at end of year | 2022-12-31 | $11,251,405 |
| Value of total assets at beginning of year | 2022-12-31 | $14,420,218 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $84,231 |
| Total interest from all sources | 2022-12-31 | $26,377 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $128,041 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $141,109 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $0 |
| Other income not declared elsewhere | 2022-12-31 | $161,186 |
| Administrative expenses (other) incurred | 2022-12-31 | $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 | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-3,168,813 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $11,251,405 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $14,420,218 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $84,231 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,250,620 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $7,460,618 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $453,414 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $743,134 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $743,134 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $26,377 |
| Asset value of US Government securities at end of year | 2022-12-31 | $1,395,697 |
| Asset value of US Government securities at beginning of year | 2022-12-31 | $1,112,492 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,849,525 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $0 |
| Income. Dividends from common stock | 2022-12-31 | $128,041 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $604,284 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $3,151,674 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $4,962,865 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Aggregate proceeds on sale of assets | 2022-12-31 | $53,623 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2022-12-31 | 463602660 |
| Unrealized appreciation/depreciation of real estate assets | 2022-01-01 | $0 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-2,480,298 |
| Total loss/gain on sale of assets | 2022-01-01 | $53,623 |
| Total of all expenses incurred | 2022-01-01 | $688,515 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $604,284 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $0 |
| Value of total assets at end of year | 2022-01-01 | $11,251,405 |
| Value of total assets at beginning of year | 2022-01-01 | $14,420,218 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $84,231 |
| Total interest from all sources | 2022-01-01 | $26,377 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $128,041 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-01-01 | $141,109 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $0 |
| Other income not declared elsewhere | 2022-01-01 | $161,186 |
| Administrative expenses (other) incurred | 2022-01-01 | $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 | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-3,168,813 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $11,251,405 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $14,420,218 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $84,231 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $6,250,620 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $7,460,618 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $453,414 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $26,377 |
| Asset value of US Government securities at end of year | 2022-01-01 | $1,395,697 |
| Asset value of US Government securities at beginning of year | 2022-01-01 | $1,112,492 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,849,525 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $0 |
| Income. Dividends from common stock | 2022-01-01 | $128,041 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $604,284 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-01-01 | $3,151,674 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-01-01 | $4,962,865 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Aggregate proceeds on sale of assets | 2022-01-01 | $53,623 |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2022-01-01 | 463602660 |
| 2021 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,554,365 |
| Total loss/gain on sale of assets | 2021-12-31 | $864,345 |
| Total of all expenses incurred | 2021-12-31 | $787,707 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $595,285 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
| Value of total assets at end of year | 2021-12-31 | $14,420,218 |
| Value of total assets at beginning of year | 2021-12-31 | $13,653,560 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $192,422 |
| Total interest from all sources | 2021-12-31 | $13,883 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $130,535 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2021-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $141,109 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $155,692 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $0 |
| Other income not declared elsewhere | 2021-12-31 | $311,380 |
| Administrative expenses (other) incurred | 2021-12-31 | $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 | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $766,658 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $14,420,218 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $13,653,560 |
| 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 |
| Investment advisory and management fees | 2021-12-31 | $192,422 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $7,460,618 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $7,150,543 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $743,134 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $551,697 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $551,697 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $13,883 |
| Asset value of US Government securities at end of year | 2021-12-31 | $1,112,492 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $957,075 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $234,222 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2021-12-31 | $0 |
| Income. Dividends from common stock | 2021-12-31 | $130,535 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $595,285 |
| Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $0 |
| Contract administrator fees | 2021-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $4,962,865 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $4,838,553 |
| 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 proceeds on sale of assets | 2021-12-31 | $864,345 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2021-12-31 | 463602660 |
| 2020 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,509,176 |
| Total loss/gain on sale of assets | 2020-12-31 | $208,512 |
| Total of all expenses incurred | 2020-12-31 | $722,069 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $564,208 |
| 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 | $13,653,560 |
| Value of total assets at beginning of year | 2020-12-31 | $12,866,453 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $157,861 |
| Total interest from all sources | 2020-12-31 | $27,510 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $174,623 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2020-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $155,692 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $0 |
| Administrative expenses (other) incurred | 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 | $787,107 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,653,560 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $12,866,453 |
| 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 |
| Assets. partnership/joint venture interests at beginning of year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $157,861 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $7,150,543 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,498,676 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $551,697 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $1,051,936 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $1,051,936 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $27,510 |
| Asset value of US Government securities at end of year | 2020-12-31 | $957,075 |
| Asset value of US Government securities at beginning of year | 2020-12-31 | $1,625,194 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,098,531 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $174,623 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $564,208 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2020-12-31 | $30,585 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $4,838,553 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $7,660,062 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2020-12-31 | $0 |
| 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 | $20,450,059 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $20,241,547 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2020-12-31 | 463602660 |
| 2019 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $1,573,467 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $1,573,467 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $1,573,467 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $1,573,467 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,554,896 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,554,896 |
| Total loss/gain on sale of assets | 2019-12-31 | $296,747 |
| Total loss/gain on sale of assets | 2019-12-31 | $296,747 |
| Total of all expenses incurred | 2019-12-31 | $597,603 |
| Total of all expenses incurred | 2019-12-31 | $597,603 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $482,483 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $482,483 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $470,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $470,000 |
| Value of total assets at end of year | 2019-12-31 | $12,866,453 |
| Value of total assets at end of year | 2019-12-31 | $12,866,453 |
| Value of total assets at beginning of year | 2019-12-31 | $10,909,160 |
| Value of total assets at beginning of year | 2019-12-31 | $10,909,160 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $115,120 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $115,120 |
| Total interest from all sources | 2019-12-31 | $60,475 |
| Total interest from all sources | 2019-12-31 | $60,475 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $154,021 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $154,021 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $0 |
| Contributions received from participants | 2019-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $104,241 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $104,241 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $0 |
| Other income not declared elsewhere | 2019-12-31 | $186 |
| Other income not declared elsewhere | 2019-12-31 | $186 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Administrative expenses (other) incurred | 2019-12-31 | $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 | 2019-12-31 | No |
| 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 | $1,957,293 |
| Value of net income/loss | 2019-12-31 | $1,957,293 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $12,866,453 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $12,866,453 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $10,909,160 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $10,909,160 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| 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 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 |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2019-12-31 | $0 |
| Assets. partnership/joint venture interests at end of year | 2019-12-31 | $0 |
| Assets. partnership/joint venture interests at beginning of year | 2019-12-31 | $58,949 |
| Assets. partnership/joint venture interests at beginning of year | 2019-12-31 | $58,949 |
| Investment advisory and management fees | 2019-12-31 | $115,120 |
| Investment advisory and management fees | 2019-12-31 | $115,120 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,498,676 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,498,676 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $2,189,711 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $2,189,711 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $1,051,936 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $1,051,936 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $584,139 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $584,139 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $584,139 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $584,139 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $60,475 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $60,475 |
| Asset value of US Government securities at end of year | 2019-12-31 | $1,625,194 |
| Asset value of US Government securities at end of year | 2019-12-31 | $1,625,194 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $2,067,352 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $2,067,352 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| 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 |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $470,000 |
| Contributions received in cash from employer | 2019-12-31 | $470,000 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $400,000 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $400,000 |
| Income. Dividends from common stock | 2019-12-31 | $154,021 |
| Income. Dividends from common stock | 2019-12-31 | $154,021 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $482,483 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $482,483 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $30,585 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $30,585 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $60,149 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $60,149 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $7,660,062 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $7,660,062 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $5,444,619 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $5,444,619 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| 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 |
| 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 |
| 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 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $296,747 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $296,747 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm name | 2019-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2019-12-31 | 463602660 |
| Accountancy firm EIN | 2019-12-31 | 463602660 |
| 2018 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-370,243 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-370,243 |
| Total transfer of assets to this plan | 2018-12-31 | $0 |
| Total transfer of assets from this plan | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $78,372 |
| Total loss/gain on sale of assets | 2018-12-31 | $-29,991 |
| Total of all expenses incurred | 2018-12-31 | $550,003 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $450,076 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
| Value of total corrective distributions | 2018-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $400,000 |
| Value of total assets at end of year | 2018-12-31 | $10,909,160 |
| Value of total assets at beginning of year | 2018-12-31 | $11,380,791 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $99,927 |
| Total income from rents | 2018-12-31 | $0 |
| Total interest from all sources | 2018-12-31 | $37,750 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $215,743 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $83,963 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
| 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 |
| Contributions received from participants | 2018-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $104,241 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $0 |
| Other income not declared elsewhere | 2018-12-31 | $401 |
| Administrative expenses (other) incurred | 2018-12-31 | $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 | 2018-12-31 | No |
| Income. Non cash contributions | 2018-12-31 | $0 |
| Value of net income/loss | 2018-12-31 | $-471,631 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $10,909,160 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $11,380,791 |
| 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 |
| Assets. partnership/joint venture interests at end of year | 2018-12-31 | $58,949 |
| Investment advisory and management fees | 2018-12-31 | $99,927 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $2,189,711 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $2,355,826 |
| Income. Interest from US Government securities | 2018-12-31 | $28,301 |
| Income. Interest from corporate debt instruments | 2018-12-31 | $1,281 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $584,139 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $1,200,339 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $1,200,339 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $8,168 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $0 |
| Asset value of US Government securities at end of year | 2018-12-31 | $2,067,352 |
| Asset value of US Government securities at beginning of year | 2018-12-31 | $2,175,644 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-175,288 |
| 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 |
| Contributions received in cash from employer | 2018-12-31 | $400,000 |
| Employer contributions (assets) at end of year | 2018-12-31 | $400,000 |
| Income. Dividends from common stock | 2018-12-31 | $131,780 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $450,076 |
| Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $60,149 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $60,914 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $5,444,619 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $5,588,068 |
| 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 |
| Aggregate proceeds on sale of assets | 2018-12-31 | $3,464,053 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $3,494,044 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2018-12-31 | 463602660 |
| 2017 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2017-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $913,185 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $913,185 |
| Total transfer of assets to this plan | 2017-12-31 | $0 |
| Total transfer of assets from this plan | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Expenses. Interest paid | 2017-12-31 | $0 |
| 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 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $2,009,355 |
| Total loss/gain on sale of assets | 2017-12-31 | $303,719 |
| Total of all expenses incurred | 2017-12-31 | $622,453 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $526,795 |
| Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
| Value of total corrective distributions | 2017-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $451,000 |
| Value of total assets at end of year | 2017-12-31 | $11,380,791 |
| Value of total assets at beginning of year | 2017-12-31 | $9,993,889 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $95,658 |
| Total income from rents | 2017-12-31 | $0 |
| Total interest from all sources | 2017-12-31 | $47,390 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $163,543 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $57,799 |
| Administrative expenses professional fees incurred | 2017-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| 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 |
| Contributions received from participants | 2017-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $0 |
| Other income not declared elsewhere | 2017-12-31 | $5,389 |
| Administrative expenses (other) incurred | 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 |
| Income. Non cash contributions | 2017-12-31 | $0 |
| Value of net income/loss | 2017-12-31 | $1,386,902 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $11,380,791 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $9,993,889 |
| 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 |
| Investment advisory and management fees | 2017-12-31 | $95,658 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $2,355,826 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $2,493,845 |
| Income. Interest from US Government securities | 2017-12-31 | $37,736 |
| Income. Interest from corporate debt instruments | 2017-12-31 | $3,491 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $1,200,339 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $757,959 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $757,959 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $6,163 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $0 |
| Asset value of US Government securities at end of year | 2017-12-31 | $2,175,644 |
| Asset value of US Government securities at beginning of year | 2017-12-31 | $1,245,712 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $125,129 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2017-12-31 | $451,000 |
| Income. Dividends from common stock | 2017-12-31 | $105,744 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $526,795 |
| Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $60,914 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $121,484 |
| Contract administrator fees | 2017-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $5,588,068 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $5,374,889 |
| 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 |
| Aggregate proceeds on sale of assets | 2017-12-31 | $3,269,970 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $2,966,251 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2017-12-31 | 463602660 |
| 2016 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2016-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $340,385 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $340,385 |
| Total transfer of assets to this plan | 2016-12-31 | $0 |
| Total transfer of assets from this plan | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Expenses. Interest paid | 2016-12-31 | $0 |
| 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 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,166,509 |
| Total loss/gain on sale of assets | 2016-12-31 | $3,692 |
| Total of all expenses incurred | 2016-12-31 | $537,957 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $449,205 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
| Value of total corrective distributions | 2016-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $590,000 |
| Value of total assets at end of year | 2016-12-31 | $9,993,889 |
| Value of total assets at beginning of year | 2016-12-31 | $9,365,337 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $88,752 |
| Total income from rents | 2016-12-31 | $0 |
| Total interest from all sources | 2016-12-31 | $31,314 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $147,692 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $50,065 |
| Administrative expenses professional fees incurred | 2016-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| 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 |
| Contributions received from participants | 2016-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $0 |
| Other income not declared elsewhere | 2016-12-31 | $915 |
| Administrative expenses (other) incurred | 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 |
| Income. Non cash contributions | 2016-12-31 | $0 |
| Value of net income/loss | 2016-12-31 | $628,552 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $9,993,889 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $9,365,337 |
| 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 |
| Investment advisory and management fees | 2016-12-31 | $88,752 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $2,493,845 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $2,723,880 |
| Interest on participant loans | 2016-12-31 | $0 |
| Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
| Interest earned on other investments | 2016-12-31 | $0 |
| Income. Interest from US Government securities | 2016-12-31 | $20,044 |
| Income. Interest from corporate debt instruments | 2016-12-31 | $11,166 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $757,959 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $270,871 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $270,871 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $104 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $0 |
| Asset value of US Government securities at end of year | 2016-12-31 | $1,245,712 |
| Asset value of US Government securities at beginning of year | 2016-12-31 | $1,343,131 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $52,511 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2016-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2016-12-31 | $590,000 |
| Income. Dividends from preferred stock | 2016-12-31 | $0 |
| Income. Dividends from common stock | 2016-12-31 | $97,627 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $449,205 |
| Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $121,484 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $499,016 |
| Contract administrator fees | 2016-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $5,374,889 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $4,528,439 |
| 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 |
| Aggregate proceeds on sale of assets | 2016-12-31 | $2,906,531 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $2,902,839 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2016-12-31 | 463602660 |
| 2015 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-186,747 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-186,747 |
| Total transfer of assets to this plan | 2015-12-31 | $0 |
| Total transfer of assets from this plan | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $278,708 |
| Total loss/gain on sale of assets | 2015-12-31 | $-59,134 |
| Total of all expenses incurred | 2015-12-31 | $546,631 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $450,884 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $500,000 |
| Value of total assets at end of year | 2015-12-31 | $9,365,337 |
| Value of total assets at beginning of year | 2015-12-31 | $9,633,260 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $95,747 |
| Total interest from all sources | 2015-12-31 | $38,725 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $183,903 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $101,736 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| 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 |
| Contributions received from participants | 2015-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $22,118 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $0 |
| Other income not declared elsewhere | 2015-12-31 | $640 |
| Administrative expenses (other) incurred | 2015-12-31 | $2,050 |
| 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 |
| Income. Non cash contributions | 2015-12-31 | $0 |
| Value of net income/loss | 2015-12-31 | $-267,923 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $9,365,337 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $9,633,260 |
| 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 |
| Investment advisory and management fees | 2015-12-31 | $93,697 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $2,723,880 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $2,703,804 |
| Income. Interest from US Government securities | 2015-12-31 | $21,443 |
| Income. Interest from corporate debt instruments | 2015-12-31 | $17,282 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $270,871 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $723,325 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $723,325 |
| Asset value of US Government securities at end of year | 2015-12-31 | $1,343,131 |
| Asset value of US Government securities at beginning of year | 2015-12-31 | $856,920 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-198,679 |
| 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 |
| Contributions received in cash from employer | 2015-12-31 | $500,000 |
| Income. Dividends from common stock | 2015-12-31 | $82,167 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $450,884 |
| Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $499,016 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $570,349 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $4,528,439 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $4,756,744 |
| 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 |
| Aggregate proceeds on sale of assets | 2015-12-31 | $3,757,278 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $3,816,412 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | JJOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2015-12-31 | 463602660 |
| 2014 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $76,818 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $76,818 |
| Total transfer of assets to this plan | 2014-12-31 | $0 |
| Total transfer of assets from this plan | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $960,826 |
| Total loss/gain on sale of assets | 2014-12-31 | $311,070 |
| Total of all expenses incurred | 2014-12-31 | $440,544 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $347,513 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $380,000 |
| Value of total assets at end of year | 2014-12-31 | $9,633,260 |
| Value of total assets at beginning of year | 2014-12-31 | $9,112,978 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $93,031 |
| Total interest from all sources | 2014-12-31 | $37,644 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $264,002 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $191,547 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| 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 |
| Contributions received from participants | 2014-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $22,118 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $55,992 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $0 |
| Other income not declared elsewhere | 2014-12-31 | $10 |
| Administrative expenses (other) incurred | 2014-12-31 | $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 | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $520,282 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $9,633,260 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $9,112,978 |
| 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 |
| Investment advisory and management fees | 2014-12-31 | $93,031 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $2,703,804 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $2,765,845 |
| Income. Interest from US Government securities | 2014-12-31 | $17,823 |
| Income. Interest from corporate debt instruments | 2014-12-31 | $19,821 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $723,325 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $1,116,867 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $1,116,867 |
| Asset value of US Government securities at end of year | 2014-12-31 | $856,920 |
| Asset value of US Government securities at beginning of year | 2014-12-31 | $493,062 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $-108,718 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2014-12-31 | $380,000 |
| Income. Dividends from common stock | 2014-12-31 | $72,455 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $347,513 |
| Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $570,349 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $676,964 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $4,756,744 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $4,004,248 |
| 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 |
| Aggregate proceeds on sale of assets | 2014-12-31 | $2,936,352 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $2,625,282 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | JOHNSON & SHELDON, PLLC |
| Accountancy firm EIN | 2014-12-31 | 463602660 |
| 2013 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $734,542 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $734,542 |
| Total transfer of assets to this plan | 2013-12-31 | $0 |
| Total transfer of assets from this plan | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,691,780 |
| Total loss/gain on sale of assets | 2013-12-31 | $216,750 |
| Total of all expenses incurred | 2013-12-31 | $419,217 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $342,145 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $379,769 |
| Value of total assets at end of year | 2013-12-31 | $9,112,978 |
| Value of total assets at beginning of year | 2013-12-31 | $7,840,415 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $77,072 |
| Total income from rents | 2013-12-31 | $0 |
| Total interest from all sources | 2013-12-31 | $50,542 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $244,426 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $176,371 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| 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 |
| Contributions received from participants | 2013-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $55,992 |
| Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $467,313 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $0 |
| Other income not declared elsewhere | 2013-12-31 | $34 |
| Administrative expenses (other) incurred | 2013-12-31 | $441 |
| 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 |
| Income. Non cash contributions | 2013-12-31 | $0 |
| Value of net income/loss | 2013-12-31 | $1,272,563 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $9,112,978 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $7,840,415 |
| 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 |
| Investment advisory and management fees | 2013-12-31 | $76,631 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $2,765,845 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $2,666,104 |
| Income. Interest from US Government securities | 2013-12-31 | $38,212 |
| Income. Interest from corporate debt instruments | 2013-12-31 | $12,330 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $1,116,867 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $606,770 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $606,770 |
| Asset value of US Government securities at end of year | 2013-12-31 | $493,062 |
| Asset value of US Government securities at beginning of year | 2013-12-31 | $755,721 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $65,717 |
| 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 |
| Contributions received in cash from employer | 2013-12-31 | $379,769 |
| Income. Dividends from common stock | 2013-12-31 | $68,055 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $342,145 |
| Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $676,964 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $291,710 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $4,004,248 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $3,052,797 |
| 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 |
| Aggregate proceeds on sale of assets | 2013-12-31 | $4,132,765 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $3,916,015 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | JOHNSON & SHELDON, P.C. |
| Accountancy firm EIN | 2013-12-31 | 752469269 |
| 2012 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $320,153 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $320,153 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $1,402,031 |
| Total loss/gain on sale of assets | 2012-12-31 | $176,811 |
| Total of all expenses incurred | 2012-12-31 | $435,372 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $368,635 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $450,000 |
| Value of total assets at end of year | 2012-12-31 | $7,840,415 |
| Value of total assets at beginning of year | 2012-12-31 | $6,873,756 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $66,737 |
| Total interest from all sources | 2012-12-31 | $30,774 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $141,509 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $68,619 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $467,313 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $462,108 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $0 |
| Other income not declared elsewhere | 2012-12-31 | $1,468 |
| Administrative expenses (other) incurred | 2012-12-31 | $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 | 2012-12-31 | No |
| Income. Non cash contributions | 2012-12-31 | $0 |
| Value of net income/loss | 2012-12-31 | $966,659 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $7,840,415 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $6,873,756 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $66,737 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $2,666,104 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $2,316,169 |
| Income. Interest from US Government securities | 2012-12-31 | $25,671 |
| Income. Interest from corporate debt instruments | 2012-12-31 | $5,103 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $606,770 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $569,670 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $569,670 |
| Asset value of US Government securities at end of year | 2012-12-31 | $755,721 |
| Asset value of US Government securities at beginning of year | 2012-12-31 | $595,601 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $281,316 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $450,000 |
| Income. Dividends from common stock | 2012-12-31 | $72,890 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $368,635 |
| Asset. Corporate debt instrument debt (other) at end of year | 2012-12-31 | $291,710 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $3,052,797 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $2,930,208 |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Aggregate proceeds on sale of assets | 2012-12-31 | $2,661,928 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $2,485,117 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | JOHNSON & SHELDON, P.C. |
| Accountancy firm EIN | 2012-12-31 | 752469269 |
| 2011 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-39,720 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-39,720 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $491,838 |
| Total loss/gain on sale of assets | 2011-12-31 | $23,529 |
| Total of all expenses incurred | 2011-12-31 | $422,464 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $360,265 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $455,000 |
| Value of total assets at end of year | 2011-12-31 | $6,873,756 |
| Value of total assets at beginning of year | 2011-12-31 | $6,804,382 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $62,199 |
| Total interest from all sources | 2011-12-31 | $21,504 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $146,121 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $73,132 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $462,108 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $363,876 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $69,374 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,873,756 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,804,382 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $62,199 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $2,316,169 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $2,252,625 |
| Income. Interest from US Government securities | 2011-12-31 | $21,504 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $569,670 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $649,700 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $649,700 |
| Asset value of US Government securities at end of year | 2011-12-31 | $595,601 |
| Asset value of US Government securities at beginning of year | 2011-12-31 | $725,535 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-114,596 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $455,000 |
| Income. Dividends from common stock | 2011-12-31 | $72,989 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $360,265 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $2,930,208 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $2,812,646 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $3,121,416 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $3,097,887 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | JOHNSON & SHELDON, P.C. |
| Accountancy firm EIN | 2011-12-31 | 752469269 |
| 2010 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $277,535 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $277,535 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,168,675 |
| Total loss/gain on sale of assets | 2010-12-31 | $116,863 |
| Total of all expenses incurred | 2010-12-31 | $403,137 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $347,376 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $425,000 |
| Value of total assets at end of year | 2010-12-31 | $6,804,382 |
| Value of total assets at beginning of year | 2010-12-31 | $6,038,844 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $55,761 |
| Total income from rents | 2010-12-31 | $0 |
| Total interest from all sources | 2010-12-31 | $30,023 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $128,644 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $66,321 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $363,876 |
| Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $429,419 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $765,538 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,804,382 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $6,038,844 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $55,761 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $2,252,625 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,986,657 |
| Income. Interest from US Government securities | 2010-12-31 | $30,023 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $649,700 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $235,778 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $235,778 |
| Asset value of US Government securities at end of year | 2010-12-31 | $725,535 |
| Asset value of US Government securities at beginning of year | 2010-12-31 | $926,439 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $190,610 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $425,000 |
| Income. Dividends from common stock | 2010-12-31 | $62,323 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $347,376 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $2,812,646 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $2,460,551 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Aggregate proceeds on sale of assets | 2010-12-31 | $2,117,981 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $2,001,118 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | JOHNSON & SHELDON, P.C. |
| Accountancy firm EIN | 2010-12-31 | 752469269 |
| 2009 : RETIREMENT PLAN FOR EMPLOYEES OF HERRING BANK 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 |
