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Note 19 - Related Party Transactions
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
1
9
:
RELATED PARTY TRANSACTIONS
 
In the ordinary course of business, the Bank has granted loans to executive officers and directors and their affiliates. Annual activity consisted of the following:
 
   
Year ended December 31,
 
   
2018
   
2017
   
2016
 
                         
Balance, beginning of year
  $
6,528,933
    $
5,822,136
    $
3,946,621
 
New Loans
   
2,795,734
     
1,523,847
     
3,112,689
 
Repayments
   
(3,526,858
)    
(817,050
)    
(1,237,174
)
                         
Balance, end of year
  $
5,797,809
    $
6,528,933
    $
5,822,136
 
 
In management's opinion, such loans and other extensions of credit and deposits were made in the ordinary course of business and were made on substantially the same terms as those prevailing at the time for comparable transactions with other persons. Further, in management's opinion, these loans did
not
involve more than normal risk of collectability or present other unfavorable features.