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Note 19 - Fair Value of Financial Instruments and Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   
Carrying
   
Estimated
   
Level
 
201
7
 
Amount
   
Fair Value
   
 
1
   
 
2
   
 
3
 
   
(in Thousands)
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and Short-Term Investments
 
$
57,813
   
$
57,813
   
$
57,813
   
$
-
   
$
-
 
Investment Securities Available for Sale
 
 
354,247
   
 
354,247
   
 
-
   
 
346,950
   
 
7,297
 
Federal Home Loan Bank Stock
 
 
3,043
   
 
3,043
   
 
3,043
   
 
-
   
 
-
 
Loans, Net
 
 
757,281
   
 
757,163
   
 
-
   
 
752,287
   
 
4,876
 
Bank-Owned Life Insurance
 
 
17,089
   
 
17,089
   
 
17,089
   
 
-
   
 
-
 
                                         
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
 
 
1,067,985
   
 
1,068,392
   
 
727,818
   
 
340,574
   
 
-
 
Subordinated Debentures
 
 
24,229
   
 
24,229
   
 
-
   
 
24,229
   
 
-
 
Other Borrowed Money
 
 
47,500
   
 
47,626
   
 
-
   
 
47,626
   
 
-
 
                                         
201
6
                                       
                                         
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and Short-Term Investments
  $
75,167
    $
75,167
    $
75,167
    $
-
    $
-
 
Investment Securities Available for Sale
   
323,658
     
323,658
     
-
     
323,082
     
576
 
Federal Home Loan Bank Stock
   
3,010
     
3,010
     
3,010
     
-
     
-
 
Loans, Net
   
744,999
     
745,240
     
-
     
738,288
     
6,952
 
Bank-Owned Life Insurance
   
15,419
     
15,419
     
15,419
     
-
     
-
 
                                         
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
   
1,044,357
     
1,045,726
     
677,129
     
368,597
     
-
 
Subordinated Debentures
   
24,229
     
24,229
     
-
     
24,229
     
-
 
Other Borrowed Money
   
46,000
     
46,232
     
-
     
46,232
     
-
 
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
   
 
 
 
 
Fair
Value
Measurements
at
Reporting
Date
Using
 
 
 
Total
Fair
Value
   
Quoted
Prices
in
Active
Markets
for
Identical
Assets
(Level
1)
   
Significant
Other
Observable
Inputs
(Level
2)
   
Significant
Unobservable
Inputs
(Level
3)
 
201
7
                               
                                 
Recurring
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Securities
Available
for
Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government Agencies
                               
Mortgage-Backed
 
$
346,723,419
   
$
-
   
$
341,701,288
   
$
5,022,131
 
State, County and Municipal
 
 
4,492,826
   
 
-
   
 
4,277,460
   
 
215,366
 
Corporate
 
 
2,060,000
   
 
-
   
 
-
   
 
2,060,000
 
Asset-Backed
 
 
970,659
   
 
-
   
 
970,659
   
 
-
 
                                 
   
$
354,246,904
   
$
-
   
$
346,949,407
   
$
7,297,497
 
Nonrecurring
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired Loans
 
$
4,875,918
   
$
-
   
$
-
   
$
4,875,918
 
                                 
Other Real Estate
 
$
2,014,904
   
$
-
   
$
-
   
$
2,014,904
 
                                 
2016
                               
                                 
Recurring
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Securities
Available
for
Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government Agencies
                               
Mortgage-Backed
  $
319,097,374
    $
-
    $
319,097,374
    $
-
 
State, County and Municipal
   
4,560,496
     
-
     
3,984,112
     
576,384
 
                                 
    $
323,657,870
    $
-
    $
323,081,486
    $
576,384
 
Nonrecurring
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired Loans
  $
6,952,343
    $
-
    $
-
    $
6,952,343
 
                                 
Other Real Estate
  $
2,505,188
    $
-
    $
-
    $
2,505,188
 
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
   
December
31,
201
7
 
Valuation
Techniques
 
Unobservable
Inputs
 
Range
Weighted
Avg
                         
Real
Estate
                       
C
ommercial Construction
 
$
427,433
 
Sales
Comparison
 
Adjustment
for Differences
 
 
(16.00)%
-
1,975.00%
     
 
 
 
 
Between the Comparable Sales
 
 
 
979.50%
 
                         
     
 
 
 
 
Management
Adjustments for Age
 
 
0.00%
-
10.00%
     
 
 
 
 
of Appraisals and/or Current
 
 
 
5.00%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
Residential Real Estate
 
 
81,736
 
Sales
Comparison
 
Adjustment
for Differences
 
 
(43.30)%
-
83.30%
     
 
 
 
 
Between the Comparable Sales
 
 
 
20.00%
 
                         
     
 
 
 
 
Management
Adjustments for Age
 
 
0.00%
-
25.00%
     
 
 
 
 
of Appraisals and/or Current
 
 
 
12.50%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
Commercial Real Estate
 
 
4,016,742
 
Income
Approach
 
Management
Adjustments for Age
 
 
0.00%
-
10.00%
     
 
 
 
 
of Appraisals and/or Current
 
 
 
5.00%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
     
 
 
 
 
Capitalization
Rate
 
 
 
10.75%
 
                         
Farmland
 
 
350,007
 
Sales
Comparison
 
Adjustment
for Differences
 
 
(71.00)%
-
88.70%
     
 
 
 
 
Between the Comparable Sales
 
 
 
8.85%
 
                         
     
 
 
 
 
Management
Adjustments for Age
 
 
10.00%
-
75.00%
     
 
 
 
 
of Appraisals and/or Current
 
 
 
42.50%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
Other
Real Estate Owned
 
 
2,014,904
 
Sales
Comparison
 
Adjustment
for Differences
 
 
(22.74)%
-
15.00%
     
 
 
 
 
Between the Comparable Sales
 
 
 
(3.87)%
 
                         
     
 
 
 
 
Management
Adjustments for Age
 
 
5.44%
-
87.24%
     
 
 
 
 
of Appraisals and/or Current
 
 
 
24.44%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
     
 
 
Income
Approach
 
Capitalization
Rate
 
 
 
10.00%
 
   
December
31,
201
6
 
Valuation
Techniques
 
Unobservable
Inputs
 
Range
Weighted
Avg
                         
Real
Estate
                       
C
ommercial Construction
  $
51,161
 
Sales
Comparison
 
Adjustment
for Differences
   
(5.00)%
-
99.00%
     
 
 
 
 
Between the Comparable Sales
   
 
47.00%
 
                         
     
 
 
 
 
Management
Adjustments for Age
   
0.00%
-
10.00%
     
 
 
 
 
of Appraisals and/or Current
   
 
5.00%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
Residential Real Estate
   
1,105,312
 
Sales
Comparison
 
Adjustment
for Differences
   
(22.00)%
-
0.00%
     
 
 
 
 
Between the Comparable Sales
   
 
(11.00)%
 
                         
     
 
 
 
 
Management
Adjustments for Age
   
0.00%
-
40.00%
     
 
 
 
 
of Appraisals and/or Current
   
 
20.00%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
Commercial Real Estate
   
5,445,192
 
Sales
Comparison
 
Adjustment
for Differences
   
(14.08)%
-
24.62%
     
 
 
 
 
Between the Comparable Sales
   
 
5.27%
 
                         
     
 
 
 
 
Management
Adjustments for Age
   
0.00%
-
100.00%
     
 
 
 
 
of Appraisals and/or Current
   
 
50.00%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
     
 
 
Income
Approach
 
Capitalization
Rate
   
 
10.67%
 
                         
Farmland
   
350,678
 
Sales
Comparison
 
Adjustment
for Differences
   
(27.00)%
-
15.00%
     
 
 
 
 
Between the Comparable Sales
   
 
(6.00)%
 
                         
     
 
 
 
 
Management
Adjustments for Age
   
10.00%
-
75.00%
     
 
 
 
 
of Appraisals and/or Current
   
 
42.50%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
Other
Real Estate Owned
   
2,505,188
 
Sales
Comparison
 
Adjustment
for Differences
   
(50.80)%
-
316.00%
     
 
 
 
 
Between the Comparable Sales
   
 
132.60%
 
                         
     
 
 
 
 
Management
Adjustments for Age
   
6.25%
-
76.92%
     
 
 
 
 
of Appraisals and/or Current
   
 
36.31%
 
     
 
 
 
 
Market Conditions
   
 
 
 
                         
     
 
 
Income
Approach
 
Discount
Rate
   
 
12.50%
 
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
   
Available
for
Sale
Securities
 
   
201
7
   
201
6
   
201
5
 
                         
Balance,
Beginning
 
$
576,384
    $
930,311
    $
948,390
 
                         
Transfers into Level 3
   
 
     
 
     
-
 
Transfers out of Level 3
   
 
     
 
     
-
 
Securities Purchased During the Year
 
 
7,069,649
     
 
     
-
 
Securities Matured During the Year
 
 
(360,000
)
   
(330,000
)    
-
 
Loss on OTTI Impairment Included
in Noninterest Income
   
 
     
 
     
-
 
Unrealized Gains(Losses) Included in Other
Comprehensive Income
 
 
11,464
     
(23,927
)    
(18,079
)
                         
Balance,
Ending
 
$
7,297,497
    $
576,384
    $
930,311
 
Fair Value, Inputs, Level 3 [Member]  
Notes Tables  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
 
December 31, 201
7
 
Fair
Value
 
Valuation
Techniques
 
Unobservable
Inputs
 
Range
(Weighted
Avg)
 
                       
State, County and Municipal
 
$
215,366
 
Discounted
Cash Flow
 
Discount
Rate
or Yield
   
N/A*
 
                       
U. S. Government Agencies Mortgage - Backed
 
 
5,022,131
 
Fundamental Analysis
 
Discount
Rate
or Yield
   
N/A*
 
                       
Corporate
 
 
2,060,000
 
Option Pricing
 
Discount
Rate
or Yield
   
N/A*
 
                       
December 31, 201
6
                     
                       
State, County and Municipal
  $
576,384
 
Discounted Cash Flow
 
Discount Rate or Yield
   
N/A*