Note 12 - Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

				September 30, 2019				December 31, 2018
				Fair Value				Fair Value
	Balance Sheet	Notional		Derivative		Derivative		Derivative		Derivative
Derivatives designated as	Classification	Amount		Assets		Liablities		Assets		Liablities
hedging instruments:
Interest rate swap - FHLB Advances	Other liabilites	$	50,000,000	$	-	$	1,685,289	$	1,271,538	$	-
Interest rate swap - Subordinated Debentures	Other liabilites	$	10,310,000	$	-	$	738,106	$	-	$	-

Derivative Instruments, Gain (Loss) [Table Text Block]

		Nine Months Ended						Three Months Ended
	Income Statement	September, 30						September, 30
Derivatives designated as	Classification	2019			2018			2019			2018
hedging instruments:
Interest rate swap - FHLB Advances	Interest Expense	$	(162,517	)	$	(17,261	)	$	(33,424	)	$	(9,423	)
Interest rate swap - Subordinated Debentures	Interest Expense	$	8,569		$	-		$	7,268		$	-