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Note 15 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Financial Instruments (Details) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Interest-bearing demand deposits in other financial institutions $ 116,518,226 $ 87,557,842
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]    
Cash and cash equivalents 122,003,730 92,671,909
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]    
Interest-bearing demand deposits in other financial institutions 6,230,414 250,000
Federal Home Loan Bank stock 3,852,100 3,757,500
Mortgage loans held for sale 5,259,413 2,786,564
Interest receivable 4,801,074 3,511,875
Deposits 926,919,606 821,406,532
Federal Home Loan Bank advances 66,000,000 65,000,000
Interest payable 724,200 793,746
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]    
Loans, net 771,447,520 720,732,402
Note payable to bank 0 11,200,000
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Subordinated Debentures Issued to Capital Trusts [Member]    
Subordinated debentures 15,465,000 15,465,000
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Subordinated Notes, Net [Member]    
Subordinated debentures 19,552,770  
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]    
Cash and cash equivalents 122,003,730 92,671,909
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]    
Interest-bearing demand deposits in other financial institutions 6,255,065 250,315
Federal Home Loan Bank stock 3,852,100 3,757,500
Mortgage loans held for sale 5,259,413 2,786,564
Interest receivable 4,801,074 3,511,875
Deposits 928,280,339 822,046,988
Federal Home Loan Bank advances 66,095,943 66,015,635
Interest payable 724,200 793,746
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]    
Loans, net 769,903,643 723,363,117
Note payable to bank 0 11,200,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Subordinated Debentures Issued to Capital Trusts [Member]    
Subordinated debentures 15,465,000 $ 15,465,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Subordinated Notes, Net [Member]    
Subordinated debentures $ 19,552,770