XML 50 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 3 - Securities (Tables)
 12 Months Ended
Dec. 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 December 31, 2018
 
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Debt Securities:
                                
Municipals
   $
34,470,648
     $
10,581
     $
(710,709
 )   $
33,770,520
  
Corporates
    
3,000,000
      
18,927
      
-
      
3,018,927
  
Government sponsored mortgage-backed securities and SBA loan pools
    
50,632,011
      
81,999
      
(1,237,260
 )    
49,476,750
  
    $
88,102,659
     $
111,507
     $
(1,947,969
 )   $
86,266,197
  
   
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]
Maturities of Available for Sale
 
 
 
 
  
 
 
 
   
Amortized
Cost
    
Approximate
Fair Value
  
1-5 years
   $
428,963
     $
430,802
  
5-10 years
    
11,905,343
      
11,738,780
  
After ten years
    
25,136,342
      
24,619,865
  
Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date
    
50,632,011
      
49,476,750
  
    $
88,102,659
     $
86,266,197
  
Debt Securities, Held-to-maturity [Table Text Block]
   
Amortized
Cost
    
Gross
Unrealized
Gains
    
Gross
Unrealized
(Losses)
    
Approximate
Fair Value
  
As of December 31, 2018
 
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Debt Securities:
                                
Government sponsored mortgage-backed securities
   $
11,794
     $
136
     $
(80
 )   $
11,850
  
   
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]
   
December 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
   $
6,324,750
     $
(67,774
 )   $
23,223,221
     $
(642,935
 )   $
29,547,971
     $
(710,709
 )
Government sponsored mortgage-backed securities and SBA loan pools
    
7,127,597
      
(112,282
 )    
33,759,028
      
(1,125,058
 )    
40,886,625
      
(1,237,340
 )
    $
13,452,347
     $
(180,056
 )   $
56,982,249
     $
(1,767,993
 )   $
70,434,596
     $
(1,948,049
 )
   
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]
Maturities of Held to Maturity
 
 
 
 
  
 
 
 
   
Amortized
Cost
    
Approximate
Fair Value
  
Government sponsored mortgage-backed securities not due on a single maturity date
   $
11,794
     $
11,850