Note 5 - Loans (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

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

	20 1 8		2017
Commercial and Agricultural
Commercial	$	57,410,473	$	48,122,263
Agricultural		16,798,743		16,442,581
Real Estate
Commercial Construction		47,848,754		45,213,960
Residential Construction		12,499,744		8,583,446
Commercial		373,533,562		351,171,668
Residential		187,714,372		194,048,945
Farmland		62,708,998		67,767,655
Consumer and Other
Consumer		18,485,199		18,956,028
Other		5,027,523		14,977,309
Total Loans	$	782,027,368	$	765,283,855

Financing Receivable Credit Quality Indicators [Table Text Block]

201 8	Pass		Special Mention		Substandard		Total Loans
Commercial and Agricultural
Commercial	$	55,808,422	$	729,088	$	872,963	$	57,410,473
Agricultural		15,664,048		636,666		498,029		16,798,743
Real Estate
Commercial Construction		47,087,255		44,306		717,193		47,848,754
Residential Construction		12,499,744		-		-		12,499,744
Commercial		358,139,315		7,661,667		7,732,580		373,533,562
Residential		170,050,484		7,106,793		10,557,095		187,714,372
Farmland		58,712,452		1,912,338		2,084,208		62,708,998
Consumer and Other
Consumer		18,103,792		59,073		322,334		18,485,199
Other		5,018,095		5,475		3,953		5,027,523
Total Loans	$	741,083,607	$	18,155,406	$	22,788,355	$	782,027,368
2017
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

Past Due Financing Receivables [Table Text Block]

	Accruing Loans
201 8	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	$	282,116	$	-	$	282,116	$	637,085	$	56,491,272	$	57,410,473
Agricultural		117,087		-		117,087		413,254		16,268,402		16,798,743
Real Estate
Commercial Construction		88,371		-		88,371		462,841		47,297,542		47,848,754
Residential Construction		-		-		-		-		12,499,744		12,499,744
Commercial		679,387		-		679,387		2,965,546		369,888,629		373,533,562
Residential		6,881,632		-		6,881,632		2,734,179		178,098,561		187,714,372
Farmland		75,548		-		75,548		2,052,604		60,580,846		62,708,998
Consumer and Other
Consumer		110,340		-		110,340		212,524		18,162,335		18,485,199
Other		-		-		-		3,953		5,023,570		5,027,523
Total Loans	$	8,234,481	$	-	$	8,234,481	$	9,481,986	$	764,310,901	$	782,027,368
2017
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

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	$	595,323	$	595,323	$	-	$	525,463	$	21,350	$	23,985
Agricultural		433,915		413,254		-		382,978		17,949		24,825
Commercial Construction		132,366		132,366		-		69,396		7,806		7,966
Residential Construction		-		-		-		-		-		-
Commercial Real Estate		12,163,915		12,163,915		-		11,039,755		581,836		582,893
Residential Real Estate		4,214,354		4,129,876		-		4,067,529		208,138		212,509
Farmland		2,054,137		2,052,604		-		1,361,278		52,974		81,962
Consumer		212,524		212,524		-		197,225		13,614		14,373
Other		3,953		3,953		-		791		204		233
	$	19,810,487	$	19,703,815	$	-	$	17,644,415	$	903,871	$	948,746
With An Allowance Recorded
Commercial	$	41,762	$	41,762	$	6,264	$	8,352	$	2,154	$	2,247
Agricultural		-		-		-		-		-		-
Commercial Construction		398,930		398,930		38,930		465,929		-		-
Residential Construction		-		-		-		-		-		-
Commercial Real Estate		3,691,010		3,691,010		1,275,837		5,120,933		135,042		141,978
Residential Real Estate		274,198		274,198		60,716		97,902		8,187		8,180
Farmland		363,566		363,566		35,984		367,425		24,075		24,415
Consumer		-		-		-		-		-		-
Other		-		-		-		-		-		-
	$	4,769,466	$	4,769,466	$	1,417,731	$	6,060,541	$	169,458	$	176,820
Total
Commercial	$	637,085	$	637,085	$	6,264	$	533,815	$	23,504	$	26,232
Agricultural		433,915		413,254		-		382,978		17,949		24,825
Commercial Construction		531,296		531,296		38,930		535,325		7,806		7,966
Residential Construction		-		-		-		-		-		-
Commercial Real Estate		15,854,925		15,854,925		1,275,837		16,160,688		716,878		724,871
Residential Real Estate		4,488,552		4,404,074		60,716		4,165,431		216,325		220,689
Farmland		2,417,703		2,416,170		35,984		1,728,703		77,049		106,377
Consumer		212,524		212,524		-		197,225		13,614		14,373
Other		3,953		3,953		-		791		204		233
	$	24,579,953	$	24,473,281	$	1,417,731	$	23,704,956	$	1,073,329	$	1,125,566

	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

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

Troubled Debt Restructurings
201 8	# of Contracts		Pre-Modification		Post-Modification
Commercial Real Estate		1	$	402,430	$	402,430
2017
Commercial Real Estate		-	$	-	$	-
Residential Real Estate		-		-		-
Total Loans		-		-		-
2016
Commercial Real Estate		1	$	91,280	$	91,097
Residential Real Estate		1		354,784		354,784
Total Loans		2	$	446,064	$	445,881

Troubled Debt Restructurings That Subsequently Default [Table Text Block]

	201 8				2017				2016
	# of Contracts		Recorded Investment		# of Contracts		Recorded Investment		# of Contracts		Recorded Investment
Residential Real Estate		1	$	131,067		-	$	-		1	$	89,297
Total Loans		1	$	131,067		-	$	-		1	$	89,297