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Note 3 - Securities - Available-for-sale Securities (Details) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Equity Securities [Member]    
Available-for-sale securities, amortized cost $ 102,212 $ 102,212
Available-for-sale securities, gross unrealized gains 1,732 10,081
Available-for-sale securities, gross unrealized (losses) (17,593) (12,776)
Available-for-sale securities, approximate fair value 86,351 99,517
US States and Political Subdivisions Debt Securities [Member]    
Available-for-sale securities, amortized cost 46,872,094 31,132,635
Available-for-sale securities, gross unrealized gains 1,272,166 302,335
Available-for-sale securities, gross unrealized (losses) (17,406) (85,808)
Available-for-sale securities, approximate fair value 48,126,854 31,349,162
US Government Agencies Debt Securities [Member]    
Available-for-sale securities, amortized cost   8,533,885
Available-for-sale securities, gross unrealized gains  
Available-for-sale securities, gross unrealized (losses)   (137,101)
Available-for-sale securities, approximate fair value   8,396,784
Corporate Debt Securities [Member]    
Available-for-sale securities, amortized cost 5,091,733 3,965,719
Available-for-sale securities, gross unrealized gains 1,980
Available-for-sale securities, gross unrealized (losses) (200,907) (152,019)
Available-for-sale securities, approximate fair value 4,892,805 3,813,700
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]    
Available-for-sale securities, amortized cost 51,550,483 54,643,681
Available-for-sale securities, gross unrealized gains 334,049 13,764
Available-for-sale securities, gross unrealized (losses) (124,005) (1,024,121)
Available-for-sale securities, approximate fair value 51,760,527 53,633,324
Available-for-sale securities, amortized cost 103,616,522 98,378,132
Available-for-sale securities, gross unrealized gains 1,609,927 326,180
Available-for-sale securities, gross unrealized (losses) (359,911) (1,411,825)
Available-for-sale securities, approximate fair value $ 104,866,537 $ 97,292,487