Note 22 - Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Cash Flow, Supplemental Disclosures [Text Block]

22.

SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental cash flow information for the years ended

December

31,

2016,

2015

and

2014

is as follows:

	Year ended December 31,
	2016		2015		2014
Real estate acquired in settlement of loans	$	647,535	$	991,517	$	1,565,993
Cash paid for interest		2,869,422		3,041,544		2,748,812
Cash paid for income taxes		334,000		55,556		150,000
Transfer of premises to assets held for sale		1,083,320		-		-