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Note 10 - Income Taxes - Difference Between Financial Statement Tax Expense and Amount Computer by Applying Statutory Federal Tax Rate to Income Before Income Taxes (Details) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Statutory Federal Income Taxes $ 3,132,711 $ 4,954,199 $ 4,283,394
Tax-Exempt Interest (57,271) (102,345) (109,759)
Income from Cash Value Life Insurance, net of premiums (96,733) (198,730) (182,532)
Meal and Entertainment Disallowance 9,578 14,354 16,813
Other 11,985 69,029 (156,583)
Tax Expense from Tax Rate Changes 2,040,946
Federal Income Tax Expense $ 3,000,270 $ 6,777,453 $ 3,851,333