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Note 3 - Securities - Available-for-sale Securities by Maturity (Details)
Sep. 30, 2016
USD ($)
1-5 years, amortized cost $ 1,298,090
1-5 years, approximate fair value 1,307,722
6-10 years, amortized cost 10,344,524
6-10 years, approximate fair value 10,556,820
After 10 years, amortized cost 33,813,574
After 10 years, approximate fair value 34,340,393
Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date, amortized cost 50,081,162
Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date, approximate fair value 50,274,192
Amortized cost 95,537,350
Approximate fair value $ 96,479,127