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Note 6 - Derivatives and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 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

  $ 608,189  

June 5, 2014

June 5, 2021

Other Assets

    15,000,000  

Cash Flow Hedging

    879,197  
        $ 30,000,000       $ 1,487,386  
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
   

Twelve Months Ended

December, 2014

 

Unrealized loss at beginning of period, net of tax

  $ -  

Amount reclassified from accumulated other comprehensive income to noninterest income related to hedge ineffectiveness

    (30,212 )

Amount reclassified from accumulated other comprehensive income to interest expense related to caplet amortization

    65  

Amount of loss recognized in other comprehensive income, net of tax

    (369,220 )

Unrealized loss at end of period, net of tax

  $ (399,367 )