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Note 7 - Deposits
12 Months Ended
Dec. 31, 2014
Disclosure Text Block [Abstract]  
Deposit Liabilities Disclosures [Text Block]

Note 7.          Deposits


The aggregate amount of certificates of deposit, each with a minimum denomination of $250,000, was $230,925,385 and $222,017,080 as of December 31, 2014 and 2013, respectively.


As of December 31, 2014, the scheduled maturities of certificates of deposit were as follows:


Year ending December 31:

       

2015

  $ 294,615,613  

2016

    38,993,397  

2017

    18,338,677  

2018

    6,336,460  

2019

    11,198,767  

Thereafter

    6,141,000  
    $ 375,623,914  

The Company has a $15.0 million Public Unit Deposit Letter of Credit with the FHLB of Des Moines for the purpose of providing additional collateral on public deposits. There was no amount outstanding under this letter of credit as of December 31, 2014.