Note 3 - Securities (Tables)

3 Months Ended

Mar. 31, 2014

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 March 31, 2014
Equity Securities	$	102,212	$	18,816	$	(15,799	)	$	105,229
Debt Securities:
U. S. government agencies		26,510,056		-		(913,483	)		25,596,573
Municipals		14,921,628		76,771		(390,213	)		14,608,186
Government sponsored mortgage-backed securities		60,394,075		232,425		(1,704,840	)		58,921,660
	$	101,927,971	$	328,012	$	(3,024,335	)	$	99,231,648

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of December 31, 2013
Equity Securities	$	102,212	$	16,007	$	(18,913	)	$	99,306
Debt Securities:
U. S. government agencies		33,198,865		-		(1,437,478	)		31,761,387
Municipals		14,133,821		18,827		(660,021	)		13,492,627
Corporates		990,663		3,609		-			994,272
Government sponsored mortgage-backed securities		53,245,297		265,038		(2,165,242	)		51,345,093
	$	101,670,858	$	303,481	$	(4,281,654	)	$	97,692,685

Available-for-sale Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
1-5 years	$	15,666,233	$	15,314,223
6-10 years		17,498,091		16,782,333
After 10 years		8,267,360		8,108,203
Government sponsored mortgage-backed securities not due on a single maturity date		60,394,075		58,921,660
	$	101,825,759	$	99,126,419

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of March 31, 2014
Debt Securities:
Government sponsored mortgage-backed securities	$	74,483	$	1,783	$	-	$	76,266

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of December 31, 2013
Debt Securities:
Government sponsored mortgage-backed securities	$	79,162	$	1,927	$	-	$	81,089

Schedule of Unrealized Loss on Investments [Table Text Block]

	March 31, 2014
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	-	$	-		$	32,128	$	(15,799	)	$	32,128	$	(15,799	)
U. S. government agencies		10,978,382		(331,119	)		14,618,191		(582,364	)		25,596,573		(913,483	)
Municipals		9,613,426		(284,983	)		1,900,302		(105,230	)		11,513,728		(390,213	)
Government sponsored mortgage-backed securities		34,378,227		(954,114	)		14,896,832		(750,726	)		49,275,059		(1,704,840	)
	$	54,970,035	$	(1,570,216	)	$	31,447,453	$	(1,454,119	)	$	86,417,488	$	(3,024,335	)

	December 31, 2013
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	-	$	-		$	29,014	$	(18,913	)	$	29,014	$	(18,913	)
U. S. government agencies		24,731,730		(916,208	)		7,029,657		(521,270	)		31,761,387		(1,437,478	)
Municipals		10,460,662		(534,440	)		1,701,215		(125,581	)		12,161,877		(660,021	)
Government sponsored mortgage-backed securities		32,074,646		(1,655,296	)		9,685,143		(509,946	)		41,759,789		(2,165,242	)
	$	67,267,038	$	(3,105,944	)	$	18,445,029	$	(1,175,710	)	$	85,712,067	$	(4,281,654	)

Held to Maturity Maturities [Member]

Note 3 - Securities (Tables) [Line Items]

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
Government sponsored mortgage-backed securities not due on a single maturity date	$	74,483	$	76,266