Note 3 - Securities (Tables)

3 Months Ended

Mar. 31, 2015

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, 2015
Equity Securities	$	102,212	$	16,247	$	(13,114	)	$	105,345
Debt Securities:
U. S. government agencies		8,532,280		-		(80,050	)		8,452,230
Municipals		16,147,060		222,372		(45,703	)		16,323,729
Corporates		3,940,947		-		(60,947	)		3,880,000
Government sponsored mortgage-backed securities and SBA loan pools		58,464,508		416,508		(386,580	)		58,494,436
	$	87,187,007	$	655,127	$	(586,394	)	$	87,255,740

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of December 31, 2014
Equity Securities	$	102,212	$	16,121	$	(13,310	)	$	105,023
Debt Securities:
U. S. government agencies		10,528,055		-		(271,282	)		10,256,773
Municipals		15,474,316		185,747		(70,173	)		15,589,890
Government sponsored mortgage-backed securities and SBA loan pools		61,075,181		235,977		(794,859	)		60,516,299
	$	87,179,764	$	437,845	$	(1,149,624	)	$	86,467,985

Available-for-sale Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
< 1 year		285,000		285,379
1-5 years		4,728,525		4,710,730
6-10 years		10,897,302		10,869,772
After 10 years		12,709,460		12,790,078
Government sponsored mortgage-backed securities not due on a single maturity date		58,464,508		58,494,436
	$	87,084,795	$	87,150,395

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of March 31, 2015
Debt Securities:
Government sponsored mortgage-backed securities	$	56,523	$	1,485	$	-	$	58,008

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of December 31, 2014
Debt Securities:
Government sponsored mortgage-backed securities	$	60,993	$	1,626	$	-	$	62,619

Schedule of Unrealized Loss on Investments [Table Text Block]

	March 31, 2015
	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	$	-	$	-		$	34,813	$	(13,114	)	$	34,813	$	(13,114	)
U. S. government agencies		2,955,390		(26,890	)		5,496,840		(53,160	)		8,452,230		(80,050	)
Municipals		4,670,544		(20,668	)		712,000		(25,035	)		5,382,544		(45,703	)
Corporates		3,880,000		(60,947	)		-		-			3,880,000		(60,947	)
Government sponsored mortgage-backed securities and SBA loan pools		7,441,808		(52,211	)		20,522,070		(334,369	)		27,963,878		(386,580	)
	$	18,947,742	$	(160,716	)	$	26,765,723	$	(425,678	)	$	45,713,465	$	(586,394	)

	December 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	$	-	$	-		$	34,618	$	(13,310	)	$	34,618	$	(13,310	)
U. S. government agencies		-		-			10,256,773		(271,282	)		10,256,773		(271,282	)
Municipals		2,677,626		(7,692	)		5,859,560		(62,481	)		8,537,186		(70,173	)
Government sponsored mortgage-backed securities and SBA loan pools		12,703,301		(70,049	)		29,201,313		(724,810	)		41,904,614		(794,859	)
	$	15,380,927	$	(77,741	)	$	45,352,264	$	(1,071,883	)	$	60,733,191	$	(1,149,624	)

Held-to-maturity Securities [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	$	56,523	$	58,008