Note 3 - Securities (Tables)

9 Months Ended

Sep. 30, 2013

Note 3 - Securities (Tables) [Line Items]

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

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of September 30, 2013
Equity Securities	$	102,212	$	6,640	$	(21,207	)	$	87,645
Debt Securities:
U. S. government agencies		38,811,258		6,082		(1,238,748	)		37,578,592
Municipals		13,908,184		21,746		(570,508	)		13,359,422
Corporates		989,707		-		(4,680	)		985,027
Government sponsored mortgage-backed securities		55,138,807		446,536		(1,725,107	)		53,860,236
	$	108,950,168	$	481,004	$	(3,560,250	)	$	105,870,922

	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	$	14,794,810	$	14,626,622
6-10 years		30,073,248		28,849,588
Over 10 years		8,841,091		8,446,831
Government sponsored mortgage-backed securities not due on a single maturity date		55,138,807		53,860,236
	$	108,847,956	$	105,783,277

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized  (Losses)		Approximate Fair Value
As of September 30, 2013
Debt Securities:
Government sponsored mortgage-backed securities	$	84,188	$	3,875	$	-	$	88,063
	$	84,188	$	3,875	$	-	$	88,063

	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]

	September 30, 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	$	-	$	-		$	26,720	$	(21,207	)	$	26,720	$	(21,207	)
U. S. government agencies		35,825,183		(1,238,747	)		-		-			35,825,183		(1,238,747	)
Municipals		10,303,846		(536,812	)		516,704		(33,696	)		10,820,550		(570,508	)
Corporates		985,026		(4,680	)		-		-			985,026		(4,680	)
Government sponsored mortgage-backed securities		32,685,494		(1,470,320	)		6,554,028		(254,788	)		39,239,522		(1,725,108	)
	$	79,799,549	$	(3,250,559	)	$	7,097,452	$	(309,691	)	$	86,897,001	$	(3,560,250	)

	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)

Note 3 - Securities (Tables) [Line Items]

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
Government sponsored mortgage-backed securities not due on a single maturity date	$	84,188	$	88,063
	$	84,188	$	88,063