Note 11 - Disclosures about Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

As of December 31, 2013
Financial assets:
	Level 1 inputs		Level 2 inputs		Level 3 inputs		Total fair value
Equity securities:
Other	$	99	$	-	$	-	$	99
Debt securities:
U.S. government agencies		-		31,762		-		31,762
U.S. corporate		-		994		-		994
Municipals		-		13,493		-		13,493
Government sponsored mortgage-backed securities		-		51,345		-		51,345
Available-for-sale securities	$	99	$	97,594	$	-	$	97,693

As of December 31, 2012
Financial assets:
	Level 1 inputs		Level 2 inputs		Level 3 inputs		Total fair value
Equity securities:
Other	$	71	$	-	$	-	$	71
Debt securities:
U.S. government agencies		-		38,351		-		38,351
U.S. corporate		-		1,908		-		1,908
Municipals		-		10,378		-		10,378
Government sponsored mortgage-backed securities		-		51,273		-		51,273
Available-for-sale securities	$	71	$	101,910	$	-	$	101,981

Fair Value Measurements, Nonrecurring [Table Text Block]

Impaired loans:
	Level 1 inputs		Level 2 inputs		Level 3 inputs		Total fair value
December 31, 2013	$	-	$	-	$	10,305	$	10,305
December 31, 2012	$	-	$	-	$	10,557	$	10,557

Foreclosed assets held for sale:
	Level 1 inputs		Level 2 inputs		Level 3 inputs		Total fair value
December 31, 2013	$	-	$	-	$	2,340	$	2,340
December 31, 2012	$	-	$	-	$	3,883	$	3,883

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

	Fair Value December 31, 2013		Valuation Technique	Unobservable Input	Range      (Weighted       Average)
Impaired loans (collateral dependent)	$	9,411	Market Comparable	Discount to reflect realizable value	0%	-	29%	(7%)
Impaired loans	$	894	Discounted cash flow	Discount rate		0%		(0%)
Foreclosed assets held for sale	$	2,340	Market Comparable	Discount to reflect realizable value	0%	-	10%	(5%)

Fair Value, by Balance Sheet Grouping [Table Text Block]

	December 31, 2013						December 31, 2012
	Carrying Amount		Fair Value		Hierarchy Level		Carrying Amount		Fair Value		Hierarchy Level
Financial assets:
Cash and cash equivalents	$	12,303,200	$	12,303,200		1	$	41,663,405	$	41,663,405		1
Held-to-maturity securities		79,162		81,089		2		181,042		193,482		2
Federal Home Loan Bank stock		2,885,100		2,885,100		2		3,805,500		3,805,500		2
Mortgage loans held for sale		623,432		623,432		2		2,843,757		2,843,757		2
Loans, net		464,379,854		466,057,001		3		465,531,973		475,374,676		3
Interest receivable		1,852,641		1,852,641		2		2,055,369		2,055,369		2
Financial liabilities:
Deposits		487,318,939		476,503,513		2		500,014,715		500,580,070		2
FHLB and Federal Reserve advances		55,350,000		57,185,083		2		68,050,000		72,035,160		2
Securities sold under agreements to repurchase		10,000,000		7,978,555		2		25,000,000		25,114,464		2
Subordinated debentures		15,465,000		15,465,000		3		15,465,000		15,465,000		3
Interest payable		250,361		250,361		2		399,684		399,684		2
Unrecognized financial instruments
(net of contractual value):
Commitments to extend credit		-		-		-		-		-		-
Unused lines of credit		-		-		-		-		-		-