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Note 11 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Financial Instruments (Details) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Financial assets:        
Cash and cash equivalents $ 9,088,441 $ 18,774,419 $ 12,493,890 $ 12,303,200
Held-to-maturity securities 27,528 43,099    
Federal Home Loan Bank stock 4,611,000 2,837,500    
Mortgage loans held for sale 2,183,633 1,902,933    
Loans, net 538,273,640 491,001,907    
Interest receivable 1,947,063 1,986,692    
Financial liabilities:        
Deposits 505,362,750 517,385,695    
FHLB and Federal Reserve advances 95,700,000 52,100,000    
FHLB and Federal Reserve advances 95,764,840 53,227,960    
Subordinated debentures 15,465,000 15,465,000    
Interest payable 207,833 196,102    
Fair Value, Inputs, Level 1 [Member]        
Financial assets:        
Cash and cash equivalents 9,088,441 18,774,419    
Cash and cash equivalents 9,088,441 18,774,419    
Fair Value, Inputs, Level 2 [Member]        
Financial assets:        
Held-to-maturity securities 27,528 43,099    
Held-to-maturity securities 28,153 43,935    
Federal Home Loan Bank stock 4,611,000 2,837,500    
Federal Home Loan Bank stock 4,611,000 2,837,500    
Mortgage loans held for sale 2,183,633 1,902,933    
Mortgage loans held for sale 2,183,633 1,902,933    
Interest receivable 1,947,063 1,986,692    
Financial liabilities:        
Deposits 505,362,750 517,385,695    
Deposits 504,829,161 511,225,380    
Interest payable 207,833 196,102    
Fair Value, Inputs, Level 3 [Member]        
Financial assets:        
Loans, net 538,273,640 491,001,907    
Loans, net 537,645,692 495,207,798    
Financial liabilities:        
Subordinated debentures 15,465,000 15,465,000    
Subordinated debentures $ 15,465,000 $ 15,465,000