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Note 2 - Investment Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Securities available for sale, less than 12 months, fair value $ 155,308,949 $ 180,624,957
Securities available for sale, less than 12 months, gross unrealized losses (1,575,708) (3,545,097)
Securities available for sale, 12 months or more, fair value 25,521,304 13,274,726
Securities available for sale, 12 months or more, gross unrealized losses (495,909) (388,823)
Securities available for sale, fair value 180,830,253 193,899,683
Securities available for sale, gross unrealized losses (2,071,617) (3,933,920)
US States and Political Subdivisions Debt Securities [Member]    
Securities held to maturity, less than 12 months, fair value 17,779,999 122,271,533
Securities held to maturity, less than 12 months, gross unrealized losses (254,147) (4,076,647)
Securities held to maturity, 12 months or more, fair value 68,663,362 13,010,803
Securities held to maturity, 12 months or more, gross unrealized losses (2,375,499) (618,087)
Securities held to maturity, fair value 86,443,361 135,282,336
Securities held to maturity, gross unrealized losses (2,629,646) (4,694,734)
Securities available for sale, less than 12 months, fair value 18,776,501 34,152,822
Securities available for sale, less than 12 months, gross unrealized losses (169,253) (618,462)
Securities available for sale, 12 months or more, fair value 12,872,616 338,099
Securities available for sale, 12 months or more, gross unrealized losses (124,455) (19,454)
Securities available for sale, fair value 31,649,117 34,490,921
Securities available for sale, gross unrealized losses (293,708) (637,916)
US Government Agencies Debt Securities [Member]    
Securities available for sale, less than 12 months, fair value 23,607,646 21,788,139
Securities available for sale, less than 12 months, gross unrealized losses (129,906) (257,640)
Securities available for sale, 12 months or more, fair value 5,499,012
Securities available for sale, 12 months or more, gross unrealized losses (72,945)
Securities available for sale, fair value 23,607,646 27,287,151
Securities available for sale, gross unrealized losses (129,906) (330,585)
Residential Mortgage Backed Securities [Member]    
Securities available for sale, less than 12 months, fair value 111,996,030 121,506,582
Securities available for sale, less than 12 months, gross unrealized losses (1,255,971) (2,641,664)
Securities available for sale, 12 months or more, fair value 12,648,688 7,437,615
Securities available for sale, 12 months or more, gross unrealized losses (371,454) (296,424)
Securities available for sale, fair value 124,644,718 128,944,197
Securities available for sale, gross unrealized losses (1,627,425) (2,938,088)
Other Securities [Member]    
Securities available for sale, less than 12 months, fair value 928,772 3,177,414
Securities available for sale, less than 12 months, gross unrealized losses (20,578) (27,331)
Securities available for sale, fair value 928,772 3,177,414
Securities available for sale, gross unrealized losses $ (20,578) $ (27,331)