Note 4 - Loans (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	20 16		2015
Commercial and Agricultural
Commercial	$	47,024,878	$	47,781,689
Agricultural		17,079,579		19,193,497
Real Estate
Commercial Construction		30,358,362		40,106,633
Residential Construction		11,830,447		9,413,263
Commercial		349,090,031		346,262,033
Residential		195,579,967		197,002,419
Farmland		66,877,197		61,779,859
Consumer and Other
Consumer		19,695,241		20,605,465
Other		16,747,861		16,490,737
Total Loans	$	754,283,563	$	758,635,595

Financing Receivable Credit Quality Indicators [Table Text Block]

2016	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	44,249,874	$	1,861,757	$	913,247	$	47,024,878
Agricultural		16,585,646		192,445		301,488		17,079,579
Real Estate
Commercial Construction		28,425,373		1,349,447		583,542		30,358,362
Residential Construction		11,630,165		-		200,282		11,830,447
Commercial		327,561,169		9,403,077		12,125,785		349,090,031
Residential		178,618,510		5,658,526		11,302,931		195,579,967
Farmland		65,074,715		839,362		963,120		66,877,197
Consumer and Other
Consumer		19,071,739		225,959		397,543		19,695,241
Other		16,747,861		-		-		16,747,861
Total Loans	$	707,965,052	$	19,530,573	$	26,787,938	$	754,283,563
2015
Commercial and Agricultural
Commercial	$	44,273,407	$	1,927,198	$	1,581,084	$	47,781,689
Agricultural		18,970,328		17,843		205,326		19,193,497
Real Estate
Commercial Construction		36,516,165		912,295		2,678,173		40,106,633
Residential Construction		9,413,263		-		-		9,413,263
Commercial		320,566,237		13,652,416		12,043,380		346,262,033
Residential		177,054,188		8,545,942		11,402,289		197,002,419
Farmland		56,798,365		929,814		4,051,680		61,779,859
Consumer and Other
Consumer		20,037,996		156,739		410,730		20,605,465
Other		16,465,593		636		24,508		16,490,737
Total Loans	$	700,095,542	$	26,142,883	$	32,397,170	$	758,635,595

Past Due Financing Receivables [Table Text Block]

	Accruing Loans
2016	30-89 Days Past Due		90 Days or More Past Due		Total Accruing Loans Past Due		Nonaccrual Loans		Current Loan s		Total Loans
Commercial and Agricultural
Commercial	$	419,969	$	-	$	419,969	$	634,955	$	45,969,954	$	47,024,878
Agricultural		33,046		-		33,046		208,522		16,838,011		17,079,579
Real Estate
Commercial Construction		54,001		-		54,001		190,494		30,113,867		30,358,362
Residential Construction		-		-		-		-		11,830,447		11,830,447
Commercial		491,468		-		491,468		6,360,176		342,238,387		349,090,031
Residential		3,178,833		-		3,178,833		3,944,337		188,456,797		195,579,967
Farmland		95,309		-		95,309		799,556		65,982,332		66,877,197
Consumer and Other
Consumer		196,242		122		196,364		212,026		19,286,851		19,695,241
Other		-		-		-		-		16,747,861		16,747,861
Total Loans	$	4,468,868	$	122	$	4,468,990	$	12,350,066	$	737,464,507	$	754,283,563
2015
Commercial and Agricultural
Commercial	$	490,727	$	-	$	490,727	$	576,940	$	46,714,022	$	47,781,689
Agricultural		71,416		-		71,416		178,021		18,944,060		19,193,497
Real Estate
Commercial Construction		90,163		-		90,163		1,642,666		38,373,804		40,106,633
Residential Construction		-		-		-		-		9,413,263		9,413,263
Commercial		6,031,257		-		6,031,257		7,564,691		332,666,085		346,262,033
Residential		3,682,509		-		3,682,509		3,163,571		190,156,339		197,002,419
Farmland		122,696		-		122,696		1,103,354		60,553,809		61,779,859
Consumer and Other
Consumer		469,839		7,799		477,638		178,336		19,949,491		20,605,465
Other		636		-		636		100		16,490,001		16,490,737
Total Loans	$	10,959,243	$	7,799	$	10,967,042	$	14,407,679	$	733,260,874	$	758,635,595

Impaired Financing Receivables [Table Text Block]

	Unpaid Contractual Principal Balance		Impaired Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized		Interest Income Collected
With No Related Allowance Recorded
Commercial	$	634,955	$	634,955	$	-	$	539,099	$	24,563	$	27,142
Agricultural		229,182		208,522		-		210,372		8,794		12,412
Commercial Construction		190,494		190,494		-		697,893		6,630		7,127
Commercial Real Estate		14,357,601		14,276,688		-		14,274,719		567,349		560,354
Residential Real Estate		4,261,558		3,952,139		-		4,553,322		73,099		190,373
Farmland		920,666		799,556		-		1,016,395		21,526		26,012
Consumer		212,376		212,026		-		213,309		9,599		12,036
	$	20,806,832	$	20,274,380	$	-	$	21,505,109	$	711,560	$	835,456
With An Allowance Recorded
Commercial		-		-		-		30,270		-		-
Agricultural		-		-		-		-		-		-
Commercial Construction		72,296		72,296		21,135		74,098		1,532		1,416
Commercial Real Estate		8,557,582		8,467,135		3,021,943		8,339,666		238,684		235,749
Residential Real Estate		1,475,594		1,467,833		362,521		1,042,750		27,759		32,260
Farmland		379,851		379,851		29,173		384,056		21,098		21,310
Consumer		-		-		-		-		-		-
	$	10,485,323	$	10,387,115	$	3,434,772	$	9,870,840	$	289,073	$	290,735
Total
Commercial	$	634,955	$	634,955	$	-	$	569,369	$	24,563	$	27,142
Agricultural		229,182		208,522		-		210,372		8,794		12,412
Commercial Construction		262,790		262,790		21,135		771,991		8,162		8,543
Commercial Real Estate		22,915,183		22,743,823		3,021,943		22,614,385		806,033		796,103
Residential Real Estate		5,737,152		5,419,972		362,521		5,596,072		100,858		222,633
Farmland		1,300,517		1,179,407		29,173		1,400,451		42,624		47,322
Consumer		212,376		212,026		-		213,309		9,599		12,036
	$	31,292,155	$	30,661,495	$	3,434,772	$	31,375,949	$	1,000,633	$	1,126,191

	Unpaid Contractual Principal Balance		Impaired Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized			Interest Income Collected
With No Related Allowance Recorded
Commercial	$	454,423	$	454,013		-	$	534,814	$	17,259		$	21,253
Agricultural		195,654		178,021		-		163,078		(9,957	)		10,334
Commercial Construction		6,887,522		1,896,938		-		2,867,061		25,788			27,007
Commercial Real Estate		15,569,340		15,122,486		-		15,430,252		529,376			530,699
Residential Real Estate		5,429,121		4,575,547		-		4,715,162		175,484			159,148
Farmland		1,104,887		1,103,353		-		1,339,863		583			2,076
Consumer		179,908		178,435		-		190,566		13,745			14,907
Other		-		-		-		48,438		-			-
	$	29,820,855	$	23,508,793		-	$	25,289,234	$	752,278		$	765,424
With An Allowance Recorded
Commercial	$	122,928	$	122,928	$	94,538	$	99,749	$	2,275		$	2,438
Agricultural		-		-		-		-		-			-
Commercial Construction		76,644		76,644		25,344		92,200		375			375
Commercial Real Estate		8,969,329		8,955,503		1,607,962		6,673,087		213,693			208,657
Residential Real Estate		1,083,127		1,075,367		308,188		1,088,380		16,380			15,873
Farmland		387,968		387,969		37,386		391,060		20,880			20,954
Consumer		-		-		-		-		-			-
Other		-		-		-		-		-			-
	$	10,639,996	$	10,618,411	$	2,073,418	$	8,344,476	$	253,603		$	248,297
Total
Commercial	$	577,351	$	576,941	$	94,538	$	634,563	$	19,534		$	23,691
Agricultural		195,654		178,021		-		163,078		(9,957	)		10,334
Commercial Construction		6,964,166		1,973,582		25,344		2,959,261		26,163			27,382
Commercial Real Estate		24,538,669		24,077,989		1,607,962		22,103,339		743,069			739,356
Residential Real Estate		6,512,248		5,650,914		308,188		5,803,542		191,864			175,021
Farmland		1,492,855		1,491,322		37,386		1,730,923		21,463			23,030
Consumer		179,908		178,435		-		190,566		13,745			14,907
Other		-		-		-		48,438		-			-
	$	40,460,851	$	34,127,204	$	2,073,418	$	33,633,710	$	1,005,881		$	1,013,721

	Unpaid Contractual Principal Balance		Impaired Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized			Interest Income Collected
With No Related Allowance Recorded
Commercial	$	310,447	$	308,817	$	-	$	679,267	$	9,248		$	17,973
Agricultural		50,163		44,605		-		50,959		(6,029	)		3,000
Commercial Construction		9,573,141		3,463,502		-		3,376,033		13,111			12,833
Commercial Real Estate		17,129,876		16,227,379		-		18,350,015		462,355			474,936
Residential Real Estate		9,136,987		7,600,073		-		5,690,573		312,024			306,859
Farmland		1,450,759		1,449,226		-		949,003		(8,518	)		17,273
Consumer		201,695		201,695		-		211,775		14,455			15,495
Other		206,894		195,497		-		197,519		5,874			10,677
		38,059,962		29,490,794		-		29,505,144		802,520			859,046
With An Allowance Recorded
Commercial		96,580		96,580		96,580		419,464		(299	)		-
Agricultural		-		-		-		-		-			-
Commercial Construction		207,308		136,369		53,947		1,528,817		375			375
Commercial Real Estate		6,135,238		6,135,238		456,941		6,415,086		60,629			50,468
Residential Real Estate		2,072,919		2,065,158		414,684		1,829,102		84,177			86,472
Farmland		396,048		396,048		28,962		529,555		13,077			12,210
Consumer		-		-		-		-		-			-
Other		-		-		-		-		-			-
		8,908,093		8,829,393		1,051,114		10,722,024		157,959			149,525
Total
Commercial		407,027		405,397		96,580		1,098,731		8,949			17,973
Agricultural		50,163		44,605		-		50,959		(6,029	)		3,000
Commercial Construction		9,780,449		3,599,871		53,947		4,904,850		13,486			13,208
Commercial Real Estate		23,265,114		22,362,617		456,941		24,765,101		522,984			525,404
Residential Real Estate		11,209,906		9,665,231		414,684		7,519,675		396,201			393,331
Farmland		1,846,807		1,845,274		28,962		1,478,558		4,559			29,483
Consumer		201,695		201,695		-		211,775		14,455			15,495
Other		206,894		195,497		-		197,519		5,874			10,677
	$	46,968,055	$	38,320,187	$	1,051,114	$	40,227,168	$	960,479		$	1,008,571

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

201 6	# of Contracts		Pre-Modification		Post-Modification
Commercial Real Estate		1	$	91,280	$	91,097
Residential Real Estate		1		354,784		354,784
Total Loans		2	$	446,064	$	445,881
2015
Commercial Real Estate		1	$	513,868	$	505,978
Residential Real Estate		2		1,106,345		1,035,590
Total Loans		3	$	1,620,213	$	1,541,568
2014
Farmland		1	$	400,778	$	400,778
Commercial Construction		1		349,976		349,976
Commercial Real Estate		1		1,771,395		1,775,407
Residential Real Estate		1		49,194		49,194
Total Loans		4	$	2,571,343	$	2,575,355

Troubled Debt Restructurings That Subsequently Default [Table Text Block]

	201 6				2015				2014
	# of Contracts		Recorded Investment		# of Contracts		Recorded Investment		# of Contracts		Recorded Investment
Residential Real Estate		1	$	89,297		-	$	-		-	$	-
Total Loans		1	$	89,297		-	$	-		-	$	-