Note 2 - Acquisitions (Tables)

9 Months Ended

Sep. 30, 2017

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Fair value of US Alliance common stock issued as consideration	$	3,099,165
Preliminary amounts of indentifiable assets acquired and liablities assumed
Investment securities	$	4,623,449
Cash		1,079,627
VOBA		609,061
Other assets		60,080
Policyholder reserves		(1,277,411	)
Deposit type contracts		(2,029,138	)
Other liabilities		(243,608	)
Total indentifiable net assets	$	2,822,060
Goodwill		277,105
Total	$	3,099,165

Business Acquisition, Pro Forma Information [Table Text Block]

	Nine Months Ended September 30,
	2017			2016
	(unaudited)
Income:
Premium income	$	9,322,648		$	5,231,372
Net investment income		544,477			396,697
Net realized gain (loss) on sale of securities		483,130			16,031
Other income		11,594			6,987
Total income		10,361,849			5,651,087
Net Loss	$	(745,970	)	$	(1,508,555	)
Net Loss per share	$	(0.10	)	$	(0.21	)