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Note 18 - Related Party Transactions
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
(
18
)
Related
Party
Transactions
 
The following table reflects the activity and aggregate balance of direct and indirect loans to directors, executive officers or principal holders of equity securities of the Company. All such loans were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons and do not involve more than a normal risk of collectibility. A summary of activity of related party loans is shown below:
 
 
 
20
16
 
 
2015
 
                 
Balance,
Beginning
 
$
1,816,609
 
  $
3,233,949
 
                 
New Loans
 
 
2,379,026
 
   
4,900,932
 
Repayments
 
 
(3,170,092
)
   
(6,065,098
)
Transactions Due to Changes in Directors
 
 
-
 
   
(253,174
)
                 
Balance,
Ending
 
$
1,025,543
 
  $
1,816,609