Note 5 - Premises and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 5.     Premises and Equipment

The following summarizes the components of premises and equipment as of December 31, 2013 and 2012:

	2013		2012
Land	$	7,287,656	$	5,583,180
Buildings (useful lives 15 to 50 years)		31,290,618		28,368,503
Furniture and equipment (useful lives 3 to 10 years)		21,882,303		20,069,281
		60,460,577		54,020,964
Less accumulated depreciation		23,705,213		22,758,574
	$	36,755,364	$	31,262,390

Certain facilities are leased under operating leases. Rental expense was $795,816, $372,631, and $290,101 for the years ended December 31, 2013, 2012, and 2011, respectively.

Future minimum rental commitments under noncancelable leases are as follows as of December 31, 2013:

Year ending December 31:
2014	$	358,362
2015		233,188
2016		239,241
2017		241,116
2018		194,016
Thereafter		162,792
	$	1,428,715