Note 19 - Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

Note 19.     Quarterly Results of Operations (Unaudited)

	Year Ended December 31, 2015
	March 2015		June 2015			September 2015		December 2015
Total interest income	$	21,901,730	$	22,050,612		$	23,141,112	$	22,909,799
Total interest expense		4,119,513		3,559,776			3,003,586		3,023,654
Net interest income		17,782,217		18,490,836			20,137,526		19,886,145
Provision for loan/lease losses		1,710,456		2,348,665			1,635,263		1,176,516
Noninterest income		6,221,778		5,461,234			6,368,807		6,477,904
Noninterest expense		17,204,161		24,101,634			15,913,212		16,139,417
Income (loss) before taxes		5,089,378		(2,498,229	)		8,957,858		9,048,116
Federal and state income tax expense (benefit)		911,489		(1,974,411	)		2,468,871		2,263,293
Net income (loss)	$	4,177,889	$	(523,818	)	$	6,488,987	$	6,784,823
EPS:
Basic	$	0.52	$	(0.05	)	$	0.55	$	0.58
Diluted	$	0.52	$	(0.05	)	$	0.55	$	0.57

	Year Ended December 31, 2014
	March 2014		June 2014		September 2014		December 2014
Total interest income	$	21,035,211	$	21,105,376	$	21,796,642	$	22,028,027
Total interest expense		4,185,970		4,140,033		4,321,311		4,246,814
Net interest income		16,849,241		16,965,343		17,475,331		17,781,213
Provision for loan/lease losses		1,094,162		1,001,879		1,063,323		3,647,636
Noninterest income		4,766,827		5,327,059		4,985,288		6,078,181
Noninterest expense		16,160,408		16,089,374		16,305,756		16,874,440
Income before taxes		4,361,500		5,201,148		5,091,541		3,337,318
Federal and state income tax expense		472,285		1,193,312		1,028,876		344,497
Net income	$	3,889,215	$	4,007,836	$	4,062,665	$	2,992,821
EPS:
Basic	$	0.40	$	0.46	$	0.51	$	0.38
Diluted	$	0.40	$	0.45	$	0.50	$	0.37