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Note 3 - Securities - Available-for-sale Securities by Maturity (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
1-5 years, amortized cost $ 385,947  
1-5 years, fair value 391,254  
5-10 years, amortized cost 18,704,471  
5-10 years, fair value 18,877,281  
After 10 years, amortized cost 34,429,565  
After 10 years, fair value 34,929,172  
Available-for-sale securities, amortized cost 117,152,760 $ 88,102,659
Available-for-sale securities 118,245,314 86,266,197
Mortgage-backed Securities, Issued by Private Enterprises [Member]    
Not due on a single maturity date, amortized cost 13,788,728  
Not due on a single maturity date, fair value 13,811,371  
Available-for-sale securities, amortized cost 13,788,728  
Available-for-sale securities 13,811,371  
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]    
Not due on a single maturity date, amortized cost 49,844,049  
Not due on a single maturity date, fair value 50,236,236  
Available-for-sale securities, amortized cost 49,844,049 50,632,011
Available-for-sale securities $ 50,236,236 $ 49,476,750