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Note 3 - Securities - Available-for-sale Debt Securities (Details) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Available-for-sale securities, amortized cost $ 177,601,112 $ 159,249,817
Available-for-sale securities, gross unrealized gains 3,842,922 5,185,301
Available-for-sale securities, gross unrealized (losses) (2,109,469) (314,249)
Available-for-sale securities 179,334,565 164,120,869
US Government Agencies Debt Securities [Member]    
Available-for-sale securities, amortized cost 7,277,937 6,282,000
Available-for-sale securities, gross unrealized gains 0 6,519
Available-for-sale securities, gross unrealized (losses) (293,249) (4,885)
Available-for-sale securities 6,984,688 6,283,634
US States and Political Subdivisions Debt Securities [Member]    
Available-for-sale securities, amortized cost 66,051,714 58,754,912
Available-for-sale securities, gross unrealized gains 2,157,557 3,241,133
Available-for-sale securities, gross unrealized (losses) (743,209) (26,991)
Available-for-sale securities 67,466,062 61,969,054
Corporate Debt Securities [Member]    
Available-for-sale securities, amortized cost 34,682,597 30,510,893
Available-for-sale securities, gross unrealized gains 345,845 261,740
Available-for-sale securities, gross unrealized (losses) (394,092) (171,811)
Available-for-sale securities 34,634,350 30,600,822
Commercial Mortgage Backed Securities [Member]    
Available-for-sale securities, amortized cost 6,406,588  
Available-for-sale securities, gross unrealized gains 76,714  
Available-for-sale securities, gross unrealized (losses) (8,576)  
Available-for-sale securities 6,474,726  
Commercial Mortgage Backed Securities [Member] | Commercial Portfolio Segment [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
Residential Mortgage Backed Securities [Member]    
Available-for-sale securities, amortized cost 9,418,436 9,249,375
Available-for-sale securities, gross unrealized gains 208,602 228,469
Available-for-sale securities, gross unrealized (losses) (95,228) (25,747)
Available-for-sale securities 9,531,810 9,452,097
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]    
Available-for-sale securities, amortized cost 53,763,840 49,053,252
Available-for-sale securities, gross unrealized gains 1,054,204 1,391,728
Available-for-sale securities, gross unrealized (losses) (575,115) (74,165)
Available-for-sale securities $ 54,242,929 $ 50,370,815