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Note 3 - Securities (Tables)
6 Months Ended
Jun. 30, 2013
Note 3 - Securities (Tables) [Line Items]  
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
   

Amortized Cost

   

Gross Unrealized Gains

   

Gross Unrealized (Losses)

   

Approximate Fair Value

 

As of June 30, 2013

                               

Equity Securities

  $ 102,212     $ 5,612     $ (21,145 )   $ 86,679  

Debt Securities:

                               

U. S. government agencies

    41,972,014       3,943       (1,237,109 )     40,738,848  

Municipals

    13,433,828       29,088       (581,823 )     12,881,093  

Corporate bonds

    988,754       -       (10,650 )     978,104  

Government sponsored mortgage-backed securities

    55,802,016       575,816       (1,802,363 )     54,575,469  
    $ 112,298,824     $ 614,459     $ (3,653,090 )   $ 109,260,193  
   

Amortized Cost

   

Gross Unrealized Gains

   

Gross Unrealized (Losses)

   

Approximate Fair Value

 

As of December 31, 2012

                               

Equity Securities

  $ 102,212     $ 306     $ (31,604 )   $ 70,914  

Debt Securities:

                               

U. S. government agencies

    38,188,554       202,213       (39,706 )     38,351,061  

Municipals

    10,212,376       250,269       (84,456 )     10,378,189  

Corporate bonds

    1,839,976       67,889       -       1,907,865  

Government sponsored mortgage-backed securities

    50,366,374       1,304,242       (398,001 )     51,272,615  
    $ 100,709,492     $ 1,824,919     $ (553,767 )   $ 101,980,644  
Available-for-sale Securities [Table Text Block]

Maturities of Available for Sale

               
   

Amortized Cost

   

Approximate Fair Value

 

1-5 years

  $ 11,295,468     $ 11,204,750  

6-10 years

    36,335,467       35,033,504  

Over 10 years

    8,763,660       8,359,790  

Government sponsored mortgage-backed securities not due on a single maturity date

    55,802,016       54,575,469  
    $ 112,196,612     $ 109,173,514  
Held-to-maturity Securities [Table Text Block]
   

Amortized Cost

   

Gross Unrealized Gains

   

Gross Unrealized (Losses)

   

Approximate Fair Value

 

As of June 30, 2013

                               

Debt Securities:  

                               

Government sponsored mortgage-backed securities

  $ 89,213     $ 5,009     $ -     $ 94,222  
   

Amortized Cost  

   

Gross Unrealized Gains  

   

Gross Unrealized (Losses)  

   

Approximate Fair Value  

 
                                 

As of December 31, 2012

                               

Debt Securities:  

                               

Government sponsored mortgage-backed securities

  $ 181,042     $ 12,440     $ -     $ 193,482  
Schedule of Unrealized Loss on Investments [Table Text Block]
   

June 30, 2013

 
               
   

Less than 12 Months

   

12 Months or More

   

Total

 
                           

Description of Securities

 

Approximate

Fair Value

   

Unrealized Losses

   

Approximate

Fair Value

   

Unrealized Losses

   

Approximate

Fair Value

   

Unrealized Losses

 
                                                 

Equity Securities

  $ -     $ -     $ 26,782     $ (21,145 )   $ 26,782     $ (21,145 )

U. S. government agencies

    38,987,008       (1,237,109 )     -       -       38,987,008       (1,237,109 )

Municipals

    9,804,768       (554,210 )     525,051       (27,613 )     10,329,819       (581,823 )

Coprporate Bonds

    978,104       (10,650 )     -       -       978,104       (10,650 )

Government sponsored mortgage-backed securities

    40,365,628       (1,802,363 )     -       -       40,365,628       (1,802,363 )
    $ 90,135,508     $ (3,604,332 )   $ 551,833     $ (48,758 )   $ 90,687,341     $ (3,653,090 )
   

December 31, 2012

 
       
       
   

Less than 12 Months

   

12 Months or More

   

Total

 

Description of Securities

 

Approximate

Fair Value

   

Unrealized Losses

   

Approximate

Fair Value

   

Unrealized Losses

   

Approximate

Fair Value

   

Unrealized Losses

 
                                                 

Equity Securities

  $ -     $ -     $ 39,930     $ (31,604 )   $ 39,930     $ (31,604 )

U. S. government agencies

    7,298,687       (39,706 )     -       -       7,298,687       (39,706 )

Municipals

    2,648,047       (76,318 )     538,300       (8,138 )     3,186,347       (84,456 )

Government sponsored mortgage-backed securities

    19,596,531       (398,001 )     -       -       19,596,531       (398,001 )
    $ 29,543,265     $ (514,025 )   $ 578,230     $ (39,742 )   $ 30,121,495     $ (553,767 )
Maturities (Member)
 
Note 3 - Securities (Tables) [Line Items]  
Held-to-maturity Securities [Table Text Block]
   

Amortized Cost  

   

Approximate Fair Value  

 
                 

Government sponsored mortgage-backedsecurities not due on a single maturity date

  $ 89,213     $ 94,222  
    $ 89,213     $ 94,222