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Note 3 - Securities - Available-for-sale Debt Securities (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Available-for-sale securities, amortized cost $ 159,249,817 $ 117,152,760
Available-for-sale securities, gross unrealized gains 5,185,301 1,468,000
Available-for-sale securities, gross unrealized (losses) (314,249) (375,446)
Available-for-sale securities 164,120,869 118,245,314
US Government Agencies Debt Securities [Member]    
Available-for-sale securities, amortized cost 6,282,000 2,499,755
Available-for-sale securities, gross unrealized gains 6,519 0
Available-for-sale securities, gross unrealized (losses) (4,885) (11,962)
Available-for-sale securities 6,283,634 2,487,793
US States and Political Subdivisions Debt Securities [Member]    
Available-for-sale securities, amortized cost 58,754,912 35,625,038
Available-for-sale securities, gross unrealized gains 3,241,133 675,382
Available-for-sale securities, gross unrealized (losses) (26,991) (125,693)
Available-for-sale securities 61,969,054 36,174,727
Corporate Debt Securities [Member]    
Available-for-sale securities, amortized cost 30,510,893 15,395,190
Available-for-sale securities, gross unrealized gains 261,740 154,942
Available-for-sale securities, gross unrealized (losses) (171,811) (14,945)
Available-for-sale securities 30,600,822 15,535,187
Commercial Mortgage Backed Securities [Member]    
Available-for-sale securities, amortized cost 5,399,385  
Available-for-sale securities, gross unrealized gains 55,712  
Available-for-sale securities, gross unrealized (losses) (10,650)  
Available-for-sale securities 5,444,447  
Mortgage-backed Securities, Issued by Private Enterprises [Member]    
Available-for-sale securities, amortized cost   13,788,728
Available-for-sale securities, gross unrealized gains   52,035
Available-for-sale securities, gross unrealized (losses)   (29,392)
Available-for-sale securities   13,811,371
Residential Mortgage Backed Securities [Member]    
Available-for-sale securities, amortized cost 9,249,375  
Available-for-sale securities, gross unrealized gains 228,469  
Available-for-sale securities, gross unrealized (losses) (25,747)  
Available-for-sale securities 9,452,097  
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]    
Available-for-sale securities, amortized cost 49,053,252 49,844,049
Available-for-sale securities, gross unrealized gains 1,391,728 585,641
Available-for-sale securities, gross unrealized (losses) (74,165) (193,454)
Available-for-sale securities $ 50,370,815 $ 50,236,236