XML 39 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 2 - Investment Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Securities available for sale, fair value $ 197,596,355 $ 193,899,683
Securities available for sale, gross unrealized losses (2,359,129) (3,933,920)
Securities available for sale, less than 12 months, fair value 183,645,208 180,624,957
Securities available for sale, less than 12 months, gross unrealized losses (2,055,337) (3,545,097)
Securities available for sale, 12 months or more, fair value 13,951,147 13,274,726
Securities available for sale, 12 months or more, gross unrealized losses (303,792) (388,823)
US States and Political Subdivisions Debt Securities [Member]    
Securities available for sale, fair value 25,914,485 34,490,921
Securities available for sale, gross unrealized losses (252,541) (637,916)
Securities held to maturity, less than 12 months, fair value 64,001,034 122,271,533
Securities held to maturity, less than 12 months, gross unrealized losses (1,792,524) (4,076,647)
Securities held to maturity, 12 months or more, fair value 30,641,106 13,010,803
Securities held to maturity, 12 months or more, gross unrealized losses (1,449,702) (618,087)
Securities held to maturity, fair value 94,642,140 135,282,336
Securities held to maturity, gross unrealized losses (3,242,226) (4,694,734)
Securities available for sale, less than 12 months, fair value 25,578,044 34,152,822
Securities available for sale, less than 12 months, gross unrealized losses (234,044) (618,462)
Securities available for sale, 12 months or more, fair value 336,441 338,099
Securities available for sale, 12 months or more, gross unrealized losses (18,497) (19,454)
US Government Agencies Debt Securities [Member]    
Securities available for sale, fair value 32,568,525 27,287,151
Securities available for sale, gross unrealized losses (189,347) (330,585)
Securities available for sale, less than 12 months, fair value 27,793,290 21,788,139
Securities available for sale, less than 12 months, gross unrealized losses (184,702) (257,640)
Securities available for sale, 12 months or more, fair value 4,775,235 5,499,012
Securities available for sale, 12 months or more, gross unrealized losses (4,645) (72,945)
Residential Mortgage Backed Securities [Member]    
Securities available for sale, fair value 138,186,545 128,944,197
Securities available for sale, gross unrealized losses (1,894,691) (2,938,088)
Securities available for sale, less than 12 months, fair value 129,347,074 121,506,582
Securities available for sale, less than 12 months, gross unrealized losses (1,614,041) (2,641,664)
Securities available for sale, 12 months or more, fair value 8,839,471 7,437,615
Securities available for sale, 12 months or more, gross unrealized losses (280,650) (296,424)
Other Securities [Member]    
Securities available for sale, fair value 926,800 3,177,414
Securities available for sale, gross unrealized losses (22,550) (27,331)
Securities available for sale, less than 12 months, fair value 926,800 3,177,414
Securities available for sale, less than 12 months, gross unrealized losses $ (22,550) $ (27,331)