Note 21 - Unaudited Quarterly Operating Results (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Quarterly Financial Information [Table Text Block]

	Year Ended December 31, 2016, Quarter ended
	Mar-16		Jun-16		Sep-16		Dec-16
Interest income	$	6,205,045	$	6,204,314	$	6,354,303	$	6,625,664
Interest expense		1,025,411		1,026,782		1,056,181		1,068,638
Net interest income		5,179,634		5,177,532		5,298,122		5,557,026
Provision for loan losses		375,000		375,000		200,000		425,000
Gain on loans and investment securities		470,456		525,644		658,205		544,172
Other noninterest income, net		638,366		653,769		657,296		722,299
Noninterest expense		4,109,476		4,309,394		4,317,707		4,364,169
Income before income taxes		1,803,980		1,672,551		2,095,916		2,034,328
Provision for income taxes		527,375		416,399		554,009		514,981
Net income available to common shareholders	$	1,276,605	$	1,256,152	$	1,541,907	$	1,519,347
Basic income per common share	$	0.29	$	0.29	$	0.35	$	0.35
Diluted income per common share	$	0.29	$	0.28	$	0.35	$	0.34

	Year Ended December 31, 2015, Quarter ended
	Mar-15		Jun-15		Sep-15		Dec-15
Interest income	$	6,287,637	$	6,386,510	$	6,229,091	$	6,286,396
Interest expense		1,091,690		1,112,376		1,046,661		1,029,155
Net interest income		5,195,947		5,274,134		5,182,430		5,257,241
Provision for loan losses		150,000		-		200,000		250,000
Gain on loans and investment securities		334,910		820,828		416,177		356,351
Other noninterest income, net		615,846		654,089		693,782		586,089
Noninterest expense		4,078,722		4,514,944		4,052,003		3,964,059
Income before income taxes		1,917,981		2,234,107		2,040,386		1,985,622
Provision for income taxes		588,437		696,158		621,751		554,983
Net income available to common shareholders	$	1,329,544	$	1,537,949	$	1,418,635	$	1,430,639
Basic income per common share	$	0.31	$	0.35	$	0.33	$	0.33
Diluted income per common share	$	0.30	$	0.35	$	0.32	$	0.33