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Note 18 - Related Party Transactions
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
18:
     RELATED PARTY TRANSACTIONS
 
In the ordinary course of business, the Bank has granted loans to executive officers and directors and their affiliates. Annual activity consisted of the following:
 
   
Year ended December 31,
 
   
2016
    
2015
    
2014
  
                         
Balance, beginning of year
  $
3,946,621
    $
4,409,644
    $
6,483,503
 
New Loans
   
3,112,689
     
-
     
394,269
 
Repayments
   
(1,237,174
 )    
(463,023
 )    
(2,468,128
 )
                         
Balance, end of year
  $
5,822,136
    $
3,946,621
    $
4,409,644
 
 
In management's opinion, such loans and other extensions of credit and deposits were made in the ordinary course of business and were made on substantially the same terms as those prevailing at the time for comparable transactions with other persons. Further, in management's opinion, these loans did not involve more than normal risk of collectability or present other unfavorable features.