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Note 10 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
   

Years Ended

 
   

December 31,

 
   

2015

   

2014

   

2013

 
                         

Taxes currently payable

  $ 2,140,591     $ 1,445,947     $ 1,532,515  

Deferred income taxes

    320,738       666,561       983,526  
    $ 2,461,329     $ 2,112,508     $ 2,516,041  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
   

December 31,

   

December 31,

 
   

2015

   

2014

 

Deferred tax assets:

               

Allowances for loan losses

  $ 1,976,060     $ 2,240,123  

Writedowns on foreclosed assets held for sale

    773,652       781,870  

Deferred loan fees/costs

    123,390       96,877  

Unrealized depreciation on available-for-sale securities

    401,688       263,358  

Other

    446,122       421,873  
      3,720,912       3,804,101  

Deferred tax liabilities:

               

FHLB stock dividends

    (51,713 )     (52,455 )

Accumulated depreciation

    (368,245 )     (268,503 )

Other

    (70,849 )     (70,630 )
      (490,807 )     (391,588 )

Net deferred tax asset

  $ 3,230,105     $ 3,412,513  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
   

Years ended

 
   

December 31,

 
                         
   

2015

   

2014

   

2013

 

Computed at statutory rate

    34.0 %     34.0 %     34.0 %

Increase (reduction) in taxes resulting from:

                       

State financial institution tax and credits

    (4.8% )     (4.8% )     (4.8% )

Cash surrender value of life insurance

    (1.5% )     (1.6% )     (2.0% )

Other

    2.4 %     (0.8% )     5.2 %

Actual effective rate

    30.1 %     26.8 %     32.4 %