Note 3 - Securities (Tables)

6 Months Ended

Jun. 30, 2015

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 June 30, 2015
Equity Securities	$	102,212	$	20,365	$	(12,012	)	$	110,565
Debt Securities:
U. S. government agencies		8,532,812		-		(153,513	)		8,379,299
Municipals		15,919,342		83,883		(184,754	)		15,818,471
Corporates		3,950,889		13,996		(66,135	)		3,898,750
Government sponsored mortgage-backed securities and SBA loan pools		56,014,245		98,797		(911,332	)		55,201,710
	$	84,519,500	$	217,041	$	(1,327,746	)	$	83,408,795

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of December 31, 2014
Equity Securities	$	102,212	$	16,121	$	(13,310	)	$	105,023
Debt Securities:
U. S. government agencies		10,528,055		-		(271,282	)		10,256,773
Municipals		15,474,316		185,747		(70,173	)		15,589,890
Government sponsored mortgage-backed securities and SBA loan pools		61,075,181		235,977		(794,859	)		60,516,299
	$	87,179,764	$	437,845	$	(1,149,624	)	$	86,467,985

Available-for-sale Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
< 1 year	$	285,000	$	285,382
1-5 years		4,727,836		4,702,048
6-10 years		11,415,094		11,267,064
After 10 years		11,975,113		11,842,026
Government sponsored mortgage-backed securities and SBA loans not due on a single maturity date		56,014,245		55,201,710
	$	84,417,288	$	83,298,230

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of June 30, 2015
Debt Securities:
Government sponsored mortgage-backed securities	$	51,341	$	1,379	$	-	$	52,720

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of December 31, 2014
Debt Securities:
Government sponsored mortgage-backed securities	$	60,993	$	1,626	$	-	$	62,619

Schedule of Unrealized Loss on Investments [Table Text Block]

	June 30, 2015
	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	$	-	$	-		$	35,915	$	(12,012	)	$	35,915	$	(12,012	)
U. S. government agencies		2,911,150		(71,662	)		5,468,149		(81,851	)		8,379,299		(153,513	)
Municipals		10,042,716		(152,045	)		702,305		(32,709	)		10,745,021		(184,754	)
Corporates		3,008,750		(66,135	)		-		-			3,008,750		(66,135	)
Government sponsored mortgage-backed securities and SBA loan pools		24,796,548		(341,405	)		17,567,915		(569,927	)		42,364,463		(911,332	)
	$	40,759,164	$	(631,247	)	$	23,774,284	$	(696,499	)	$	64,533,448	$	(1,327,746	)

	December 31, 2014
	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	$	-	$	-		$	34,618	$	(13,310	)	$	34,618	$	(13,310	)
U. S. government agencies		-		-			10,256,773		(271,282	)		10,256,773		(271,282	)
Municipals		2,677,626		(7,692	)		5,859,560		(62,481	)		8,537,186		(70,173	)
Government sponsored mortgage-backed securities and SBA loan pools		12,703,301		(70,049	)		29,201,313		(724,810	)		41,904,614		(794,859	)
	$	15,380,927	$	(77,741	)	$	45,352,264	$	(1,071,883	)	$	60,733,191	$	(1,149,624	)

Held-to-maturity Securities [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	$	51,341	$	52,720