XML 33 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 4 - Securities (Tables)
 6 Months Ended
Jun. 30, 2018
Notes Tables  
Debt Securities, Available-for-sale [Table Text Block]
   
Amortized
Cost
    
Gross
Unrealized
Gains
    
Gross
Unrealized
(Losses)
    
Approximate
Fair Value
  
As of June 30, 2018
 
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Debt Securities:
                                
Agencies
   $
5,537,396
     $
10,914
     $
(176
 )   $
5,548,134
  
Municipals
    
32,746,933
      
6,975
      
(883,396
 )    
31,870,512
  
Corporates
    
3,000,000
      
22,500
      
(166
 )    
3,022,334
  
Government sponsored mortgage-backed securities and SBA loan pools
    
50,429,427
      
18,016
      
(1,571,430
 )    
48,876,013
  
    $
91,713,756
     $
58,405
     $
(2,455,168
 )   $
89,316,993
  
   
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
  
Less than 1 year
    
1,754,116
      
1,755,289
  
1-5 years
    
4,216,085
      
4,226,191
  
6-10 years
    
11,951,057
      
11,712,349
  
After 10 years
    
23,363,071
      
22,747,151
  
Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date
    
50,429,427
      
48,876,013
  
    $
91,713,756
     $
89,316,993
  
Debt Securities, Held-to-maturity [Table Text Block]
   
Amortized
Cost
    
Gross
Unrealized
Gains
    
Gross
Unrealized
(Losses)
    
Approximate
Fair Value
  
As of June 30, 2018
 
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Debt Securities:
                                
Government sponsored mortgage-backed securities
   $
14,111
     $
264
     $
(90
 )   $
14,285
  
   
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]
   
June 30, 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
  
                                                 
U. S. government agencies
   $
1,015,035
     $
(176
 )   $
-
     $
-
     $
1,015,035
     $
(176
 )
Corporates
    
999,834
      
(166
 )    
-
      
-
      
999,834
      
(166
 )
Municipals
    
21,278,029
      
(515,479
 )    
8,539,798
      
(367,917
 )    
29,817,827
      
(883,396
 )
Government sponsored mortgage-backed securities and SBA loan pools
    
21,537,912
      
(625,003
 )    
19,525,670
      
(946,517
 )    
41,063,582
      
(1,571,520
 )
    $
44,830,810
     $
(1,140,824
 )   $
28,065,468
     $
(1,314,434
 )   $
72,896,278
     $
(2,455,258
 )
   
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
   $
14,111
     $
14,285