Note 25 - Unaudited Quarterly Operating Results (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Quarterly Financial Information [Table Text Block]

	Year Ended December 31, 2018, Quarter ended
	Mar-18		Jun-18			Sep-18		Dec-18
Interest income	$	7,956,316	$	10,379,125		$	13,377,875	$	11,532,388
Interest expense		1,925,064		2,406,858			2,648,869		2,946,828
Net interest income		6,031,252		7,972,267			10,729,006		8,585,560
Provision for loan losses		225,000		500,000			200,000		300,000
Gain on loans and investment securities		553,602		831,919			858,254		609,521
Other noninterest income, net		765,437		1,121,893			603,504		1,207,810
Noninterest expense		5,475,855		10,222,637			6,665,849		7,093,992
Income before income taxes		1,649,436		(796,558	)		5,324,915		3,008,899
Provision for income taxes		293,691		(453,574	)		1,390,673		624,023
Net income available to common shareholders	$	1,355,745	$	(342,984	)	$	3,934,242	$	2,384,876
Basic income per common share	$	0.31	$	(0.08	)	$	0.89	$	0.54
Diluted income per common share	$	0.30	$	(0.08	)	$	0.88	$	0.53

	Year Ended December 31, 2017, Quarter ended
	Mar-17		Jun-17		Sep-17		Dec-17
Interest income	$	6,771,402	$	7,241,508	$	7,525,187	$	7,902,636
Interest expense		1,173,461		1,352,309		1,473,190		2,087,594
Net interest income		5,597,941		5,889,199		6,051,997		5,815,042
Provision for loan losses		475,000		575,000		450,000		250,000
Gain on loans and investment securities		539,102		710,665		858,826		799,123
Other noninterest income, net		690,263		656,395		712,043		760,903
Noninterest expense		4,419,620		4,567,916		5,011,832		5,603,718
Income before income taxes		1,932,686		2,113,343		2,161,034		1,521,350
Provision for income taxes		503,445		520,770		443,651		1,102,883
Net income available to common shareholders	$	1,429,241	$	1,592,573	$	1,717,383	$	418,467
Basic income per common share	$	0.33	$	0.36	$	0.39	$	0.10
Diluted income per common share	$	0.32	$	0.36	$	0.39	$	0.09