Note 7 - Deposits

12 Months Ended

Dec. 31, 2015

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 $235,565,570 and $230,925,385 as of December 31, 2015 and 2014, respectively.

As of December 31, 2015, the scheduled maturities of certificates of deposit were as follows:

Year ending December 31:
2016	$	274,389,118
2017		39,795,570
2018		22,926,023
2019		13,872,274
2020		9,421,012
Thereafter		3,663,106
	$	364,067,103

The Company had a $45.0 million PUD LOC with the FHLB of Des Moines and an $8.0 million PUD LOC with the FHLB of Chicago for the purpose of providing additional collateral on public deposits as of December 31, 2015. As of December 31, 2014, the Company had a $15.0 million PUD LOC with the FHLB of Des Moines. There were no amounts outstanding under these letters of credit as of December 31, 2015 or 2014.