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Note 19 - Fair Value of Financial Instruments and Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Available for sale securities, fair value $ 354,246,904 $ 323,657,870
Fair Value, Measurements, Recurring [Member]    
Available for sale securities, fair value 354,246,904 323,657,870
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Available for sale securities, fair value 346,949,407 323,081,486
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Available for sale securities, fair value 7,297,497 576,384
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Available for sale securities, fair value  
Fair Value, Measurements, Nonrecurring [Member]    
Impaired Loans 4,875,918 6,952,343
Other Real Estate 2,014,904 2,505,188
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Impaired Loans  
Other Real Estate  
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Impaired Loans 4,875,918 6,952,343
Other Real Estate 2,014,904 2,505,188
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Impaired Loans  
Other Real Estate  
US Government Agencies Debt Securities [Member]    
Available for sale securities, fair value 346,723,419 319,097,374
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]    
Available for sale securities, fair value 346,723,419 319,097,374
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Available for sale securities, fair value 341,701,288 319,097,374
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Available for sale securities, fair value 5,022,131
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Available for sale securities, fair value  
US States and Political Subdivisions Debt Securities [Member]    
Available for sale securities, fair value 4,492,826 4,560,496
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]    
Available for sale securities, fair value 4,492,826 4,560,496
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Available for sale securities, fair value 4,277,460 3,984,112
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Available for sale securities, fair value 215,366 576,384
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Available for sale securities, fair value  
Corporate Debt Securities [Member]    
Available for sale securities, fair value 2,060,000  
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]    
Available for sale securities, fair value 2,060,000  
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Available for sale securities, fair value  
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Available for sale securities, fair value 2,060,000  
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Available for sale securities, fair value  
Asset-backed Securities [Member]    
Available for sale securities, fair value 970,659  
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member]    
Available for sale securities, fair value 970,659  
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Available for sale securities, fair value $ 970,659