Note 3 - Securities (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of March 31, 2013
Equity Securities	$	102,212	$	7,471	$	(25,921	)	$	83,762
Debt Securities:
U. S. government agencies		41,989,994		128,679		(138,607	)		41,980,066
Municipals		10,179,787		175,250		(99,387	)		10,255,650
Corporate bonds		2,834,775		81,978		(7,524	)		2,909,229
Government sponsored mortgage-backed securities		51,528,971		1,042,982		(364,721	)		52,207,232
	$	106,635,739	$	1,436,360	$	(636,160	)	$	107,435,939

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of December 31, 2012
Equity Securities	$	102,212	$	306	$	(31,604	)	$	70,914
Debt Securities:
U. S. government agencies		38,188,554		202,213		(39,706	)		38,351,061
Municipals		10,212,376		250,269		(84,456	)		10,378,189
Corporates		1,839,976		67,889		-			1,907,865
Government sponsored mortgage-backed securities		50,366,374		1,304,242		(398,001	)		51,272,615
	$	100,709,492	$	1,824,919	$	(553,767	)	$	101,980,644

Available-for-sale Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
1-5 years	$	14,643,095	$	14,795,637
6-10 years		33,942,191		33,882,822
After 10 years		6,419,270		6,466,486
Government sponsored mortgage-backed securities not due on a single maturity date		51,528,971		52,207,232
	$	106,533,527	$	107,352,177

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of March 31, 2013
Debt Securities:
Government sponsored mortgage-backed securities	$	136,350	$	4,097	$	-	$	140,447

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of December 31, 2012
Debt Securities:
Government sponsored mortgage-backed securities	$	181,042	$	12,440	$	-	$	193,482

Schedule of Unrealized Loss on Investments [Table Text Block]

	March 31, 2013
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	-	$	-		$	45,613	$	(25,921	)	$	45,613	$	(25,921	)
U. S. government agencies		24,587,030		(138,607	)		-		-			24,587,030		(138,607	)
Municipals		3,820,175		(60,458	)		1,061,013		(38,929	)		4,881,188		(99,387	)
Corporate bonds		980,290		(7,524	)		-		-			980,290		(7,524	)
Government sponsored mortgage-backed securities		22,360,741		(364,721	)		-		-			22,360,741		(364,721	)
	$	51,748,236	$	(571,310	)	$	1,106,626	$	(64,850	)	$	52,854,862	$	(636,160	)

	December 31, 2012
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	-	$	-		$	39,930	$	(31,604	)	$	39,930	$	(31,604	)
U. S. government agencies		7,298,687		(39,706	)		-		-			7,298,687		(39,706	)
Municipals		2,648,047		(76,318	)		538,300		(8,138	)		3,186,347		(84,456	)
Government sponsored mortgage-backed securities		19,596,531		(398,001	)		-		-			19,596,531		(398,001	)
	$	29,543,265	$	(514,025	)	$	578,230	$	(39,742	)	$	30,121,495	$	(553,767	)

Maturities (Member)

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
Government sponsored mortgage-backed securities not due on a single maturity date	$	136,350	$	140,447
	$	136,350	$	140,447