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Note 2 - Investment Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Securities available for sale, less than 12 months, fair value $ 175,431,980 $ 180,624,957
Securities available for sale, less than 12 months, gross unrealized losses (2,962,362) (3,545,097)
Securities available for sale, 12 months or more, fair value 14,634,006 13,274,726
Securities available for sale, 12 months or more, gross unrealized losses (441,631) (388,823)
Securities available for sale, fair value 190,065,986 193,899,683
Securities available for sale, gross unrealized losses (3,403,993) (3,933,920)
US States and Political Subdivisions Debt Securities [Member]    
Securities held to maturity, less than 12 months, fair value 110,858,743 122,271,533
Securities held to maturity, less than 12 months, gross unrealized losses (3,751,123) (4,076,647)
Securities held to maturity, 12 months or more, fair value 15,350,772 13,010,803
Securities held to maturity, 12 months or more, gross unrealized losses (939,212) (618,087)
Securities held to maturity, fair value 126,209,515 135,282,336
Securities held to maturity, gross unrealized losses (4,690,335) (4,694,734)
Securities available for sale, less than 12 months, fair value 29,386,855 34,152,822
Securities available for sale, less than 12 months, gross unrealized losses (408,233) (618,462)
Securities available for sale, 12 months or more, fair value 337,522 338,099
Securities available for sale, 12 months or more, gross unrealized losses (18,716) (19,454)
Securities available for sale, fair value 29,724,377 34,490,921
Securities available for sale, gross unrealized losses (426,949) (637,916)
US Government Agencies Debt Securities [Member]    
Securities available for sale, less than 12 months, fair value 18,742,054 21,788,139
Securities available for sale, less than 12 months, gross unrealized losses (230,974) (257,640)
Securities available for sale, 12 months or more, fair value 5,115,200 5,499,012
Securities available for sale, 12 months or more, gross unrealized losses (63,873) (72,945)
Securities available for sale, fair value 23,857,254 27,287,151
Securities available for sale, gross unrealized losses (294,847) (330,585)
Residential Mortgage Backed Securities [Member]    
Securities available for sale, less than 12 months, fair value 124,401,508 121,506,582
Securities available for sale, less than 12 months, gross unrealized losses (2,266,050) (2,641,664)
Securities available for sale, 12 months or more, fair value 9,181,284 7,437,615
Securities available for sale, 12 months or more, gross unrealized losses (359,042) (296,424)
Securities available for sale, fair value 133,582,792 128,944,197
Securities available for sale, gross unrealized losses (2,625,092) (2,938,088)
Other Securities [Member]    
Securities available for sale, less than 12 months, fair value 2,901,563 3,177,414
Securities available for sale, less than 12 months, gross unrealized losses (57,105) (27,331)
Securities available for sale, fair value 2,901,563 3,177,414
Securities available for sale, gross unrealized losses $ (57,105) $ (27,331)