Note 8 - Derivatives and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

Effective Date	Maturity Date	Balance Sheet Location	Notional Amount		Accounting Treatment	Fair Value
June 5, 2014	June 5, 2019	Other Assets	$	15,000,000	Cash Flow Hedging	$	707,710
June 5, 2014	June 5, 2021	Other Assets		15,000,000	Cash Flow Hedging		1,112,791
			$	30,000,000		$	1,820,501

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

	Three and Six Months Ended June 30, 2014
Unrealized loss at beginning of period	$	-
Amount reclassified from accumulated other comprehensive income to interest expense on FHLB Advances		-
Amount of loss recognized in other comprehensive income		(251,149	)
Unrealized loss at end of period	$	(251,149	)