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Note 3 - Securities (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Debt Securities, Available-for-sale [Table Text Block]
   
Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
(Losses)
   
Approximate
Fair Value
 
As of March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debt Securities:
                               
Municipals
  $
33,772,192
    $
52,108
    $
(858,930
)   $
32,965,370
 
Corporates
   
3,000,000
     
60,791
     
-
     
3,060,791
 
Government sponsored mortgage-backed securities and SBA loan pools
   
47,274,879
     
12,439
     
(1,370,055
)    
45,917,263
 
    $
84,047,071
    $
125,338
    $
(2,228,985
)   $
81,943,424
 
   
Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
(Losses)
   
Approximate
Fair Value
 
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debt Securities:
                               
Municipals
  $
33,908,207
    $
253,872
    $
(263,621
)   $
33,898,458
 
Corporates
   
3,000,000
     
65,000
     
-
     
3,065,000
 
Government sponsored mortgage-backed securities and SBA loan pools
   
45,414,845
     
9,283
     
(908,913
)    
44,515,215
 
    $
82,323,052
    $
328,155
    $
(1,172,534
)   $
81,478,673
 
Available-for-sale Securities [Table Text Block]
   
Amortized
Cost
   
Approximate
Fair Value
 
1-5 years
  $
434,711
    $
434,909
 
6-10 years
   
10,751,633
     
10,600,771
 
After 10 years
   
25,585,848
     
24,990,481
 
Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date
   
47,274,879
     
45,917,263
 
    $
84,047,071
    $
81,943,424
 
Debt Securities, Held-to-maturity [Table Text Block]
   
Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
(Losses)
   
Approximate
Fair Value
 
As of March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debt Securities:
                               
Government sponsored mortgage-backed securities
  $
15,097
    $
253
    $
(82
)   $
15,268
 
   
Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
(Losses)
   
Approximate
Fair Value
 
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debt Securities:
                               
Government sponsored mortgage-backed securities
  $
16,457
    $
327
    $
(55
)   $
16,729
 
Schedule of Unrealized Loss on Investments [Table Text Block]
   
March 31, 2018
 
   
Less than 12 Months
   
12 Months or More
   
Total
 
Description of Securities
 
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
 
                                                 
Municipals
  $
19,061,837
    $
(483,654
)   $
8,559,989
    $
(375,277
)   $
27,621,826
    $
(858,931
)
Government sponsored mortgage-backed securities and SBA loan pools
   
19,768,125
     
(497,936
)    
21,092,337
     
(872,118
)    
40,860,462
     
(1,370,054
)
    $
38,829,962
    $
(981,590
)   $
29,652,326
    $
(1,247,395
)   $
68,482,288
    $
(2,228,985
)
   
December 31, 2017
 
   
Less than 12 Months
   
12 Months or More
   
Total
 
Description of Securities
 
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
   
Fair Value
   
Unrealized
Losses
 
                                                 
Municipals
  $
11,024,593
    $
(103,747
)   $
8,802,796
    $
(159,874
)   $
19,827,389
    $
(263,621
)
Government sponsored mortgage-backed securities and SBA loan pools
   
20,088,694
     
(253,907
)    
22,191,577
     
(655,006
)    
42,280,271
     
(908,913
)
    $
31,113,287
    $
(357,654
)   $
30,994,373
    $
(814,880
)   $
62,107,660
    $
(1,172,534
)
Held-to-maturity Securities [Member]  
Notes Tables  
Debt Securities, Held-to-maturity [Table Text Block]
   
Amortized
Cost
   
Approximate
Fair Value
 
Government sponsored mortgage-backed securities not due on a single maturity date
  $
15,097
    $
15,268