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Note 6 - Derivatives and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2015
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

 

December 31, 2015

Fair Value

   

December 31, 2014

Fair Value

 

June 5, 2014

June 5, 2019

Other Assets

  $ 15,000,000  

Cash Flow Hedging

  $ 321,112     $ 608,189  

June 5, 2014

June 5, 2021

Other Assets

    15,000,000  

Cash Flow Hedging

    534,912       879,198  
        $ 30,000,000       $ 856,024     $ 1,487,387  
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
   

Year Ended

 
   

December 31, 2015

   

December 31, 2014

 

Unrealized loss at beginning of period, net of tax

  $ (399,367 )   $ -  

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

    (156 )     (30,212 )

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

    16,051       65  

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

    (415,949 )     (369,220 )

Unrealized loss at end of period, net of tax

  $ (799,421 )   $ (399,367 )