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Note 11 - Disclosures about Fair Value of Assets and Liabilities (Details) - Fair Value of Financial Instruments - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Financial assets:        
Cash and cash equivalents $ 18,774,419 $ 12,493,890 $ 12,303,200 $ 41,663,405
Held-to-maturity securities 43,099 60,993    
Federal Home Loan Bank stock 2,837,500 3,156,900    
Mortgage loans held for sale 1,902,933 1,214,632    
Loans, net 491,001,907 486,586,636    
Financial liabilities:        
Deposits 517,385,695 479,818,282    
Securities sold under agreements to repurchase   10,000,000    
Subordinated debentures 15,465,000 15,465,000    
Interest payable 196,102 242,145    
Fair Value, Inputs, Level 1 [Member]        
Financial assets:        
Cash and cash equivalents 18,774,419 12,493,890    
Cash and cash equivalents 18,774,419 12,493,890    
Fair Value, Inputs, Level 2 [Member]        
Financial assets:        
Held-to-maturity securities 43,099 60,993    
Held-to-maturity securities 43,935 62,619    
Federal Home Loan Bank stock 2,837,500 3,156,900    
Federal Home Loan Bank stock 2,837,500 3,156,900    
Mortgage loans held for sale 1,902,933 1,214,632    
Mortgage loans held for sale 1,902,933 1,214,632    
Interest receivable 1,986,692 2,030,058    
Interest receivable 1,986,692 2,030,058    
Financial liabilities:        
Deposits 517,385,695 479,818,282    
Deposits 511,225,380 476,519,750    
FHLB and Federal Reserve advances 52,100,000 60,350,000    
FHLB and Federal Reserve advances 53,227,960 61,615,252    
Securities sold under agreements to repurchase   10,000,000    
Securities sold under agreements to repurchase   10,371,866    
Interest payable 196,102 242,145    
Fair Value, Inputs, Level 3 [Member]        
Financial assets:        
Loans, net 491,001,907 486,586,636    
Loans, net 495,207,798 487,244,753    
Financial liabilities:        
Subordinated debentures 15,465,000 15,465,000    
Subordinated debentures $ 15,465,000 $ 15,465,000