Note 4 - Loans (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

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

	20 1 7		20 16
Commercial and Agricultural
Commercial	$	48,122,263	$	47,024,878
Agricultural		16,442,581		17,079,579
Real Estate
Commercial Construction		45,213,960		30,358,362
Residential Construction		8,583,446		11,830,447
Commercial		351,171,668		349,090,031
Residential		194,048,945		195,579,967
Farmland		67,767,655		66,877,197
Consumer and Other
Consumer		18,956,028		19,695,241
Other		14,977,309		16,747,861
Total Loans	$	765,283,855	$	754,283,563

Financing Receivable Credit Quality Indicators [Table Text Block]

201 7	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	46,468,726	$	825,607	$	827,930	$	48,122,263
Agricultural		15,868,191		174,356		400,034		16,442,581
Real Estate
Commercial Construction		41,282,295		577,765		3,353,900		45,213,960
Residential Construction		8,583,446		-		-		8,583,446
Commercial		338,775,805		7,662,637		4,733,226		351,171,668
Residential		177,962,870		4,864,893		11,221,182		194,048,945
Farmland		66,334,906		444,095		988,654		67,767,655
Consumer and Other
Consumer		18,495,798		52,970		407,260		18,956,028
Other		14,968,677		8,632		-		14,977,309
Total Loans	$	728,740,714	$	14,610,955	$	21,932,186	$	765,283,855
201 6
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

Past Due Financing Receivables [Table Text Block]

	Accruing Loans
201 7	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	$	328,483	$	-	$	328,483	$	598,305	$	47,195,475	$	48,122,263
Agricultural		110,482		-		110,482		398,509		15,933,590		16,442,581
Real Estate
Commercial Construction		27,062		-		27,062		477,043		44,709,855		45,213,960
Residential Construction		119,443		-		119,443		-		8,464,003		8,583,446
Commercial		918,997		-		918,997		2,172,229		348,080,442		351,171,668
Residential		2,482,276		-		2,482,276		2,829,966		188,736,703		194,048,945
Farmland		318,329		-		318,329		838,577		66,610,749		67,767,655
Consumer and Other
Consumer		246,175				246,175		188,073		18,521,780		18,956,028
Other		7,158		-		7,158		-		14,970,151		14,977,309
Total Loans	$	4,558,405	$	-	$	4,558,405	$	7,502,702	$	753,222,748	$	765,283,855
201 6
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

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	$	598,305	$	598,305	$	-	$	633,528	$	33,283	$	33,868
Agricultural		485,132		398,509		-		296,578		11,046		19,376
Commercial Construction		54,306		54,306		-		141,396		3,526		3,836
Residential Construction		-		-		-		79,295		-		-
Commercial Real Estate		12.637,057		12,637,057		-		12,808,414		559,601		549,825
Residential Real Estate		4,977,769		4,579,614		-		4,566,041		211,318		226,684
Farmland		840,110		838,577		-		790,967		54,367		58,085
Consumer		188,073		188,073		-		186,348		8,576		9,452
	$	19,780,752	$	19,294,441	$	-	$	19,502,567	$	881,717	$	901,126
With An Allowance Recorded
Commercial	$	-	$	-	$	-	$	-	$	-	$	-
Agricultural		-		-		-		-		-		-
Commercial Construction		493,067		493,067		65,635		241,063		22,626		32,922
Residential Construction		-		-		-		-		-		-
Commercial Real Estate		5,729,300		5,729,300		1,712,557		6,599,144		228,745		237,066
Residential Real Estate		108,859		108,859		27,123		482,228		4,261		7,446
Farmland		371,376		371,376		21,369		375,595		22,121		22,021
Consumer		-		-		-		-		-		-
	$	6,702,602	$	6,702,602	$	1,826,684	$	7,698,030	$	277,753	$	299,455
Total
Commercial	$	598,305	$	598,305	$	-	$	633,528	$	33,283	$	33,868
Agricultural		485,132		398,509		-		296,578		11,046		19,376
Commercial Construction		547,373		547,373		65,635		382,459		26,152		36,758
Residential Construction		-		-		-		79,295		-		-
Commercial Real Estate		18,366,357		18,366,357		1,712,557		19,407,558		788,346		786,891
Residential Real Estate		5,086,628		4,688,473		27,123		5,048,269		215,579		234,130
Farmland		1,211,486		1,209,953		21,369		1,166,562		76,488		80,106
Consumer		188,073		188,073		-		186,348		8,576		9,452
	$	26,483,354	$	25,997,043	$	1,826,684	$	27,200,597	$	1,159,470	$	1,200,581

	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

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

Troubled Debt Restructurings
201 7	# of Contracts		Pre-Modification		Post-Modification
Commercial Real Estate		-	$	-	$	-
Residential Real Estate		-		-		-
Total Loans		-	$	-	$	-
201 6
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

Troubled Debt Restructurings That Subsequently Default [Table Text Block]

	201 7				201 6				201 5
	# of Contracts		Recorded Investment		# of Contracts		Recorded Investment		# of Contracts		Recorded Investment
Residentia l Real Estate		-	$	-		1	$	89,297		-	$	-
Total Loans		-	$	-		1	$	89,297		-	$	-