Note 19 - Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2016

Foreclosed Assets [Member]

Notes Tables

Fair Value Measurements, Nonrecurring [Table Text Block]

	Level 1		Level 2		Level 3
	inputs		inputs		inputs		Total
March 31, 2016
Impaired loans	$	-	$	-	$	7,378,535	$	7,378,535
Foreclosed real estate		-		-		443,015		443,015
Premises and equipment held for sale		-		-		405,000		405,000
Loans held for sale		-		266,176		-		266,176
Total fair value of assets on a nonrecurring basis	$	-	$	266,176	$	8,226,550	$	8,492,726

	Level 1		Level 2		Level 3
	inputs		inputs		inputs		Total
March 31, 2015
Impaired loans	$	-	$	-	$	8,752,848	$	8,752,848
Foreclosed real estate		-		-		455,575		455,575
Loans held for sale		-		591,670		-		591,670
Total fair value of assets on a nonrecurring basis	$	-	$	591,670	$	9,208,423	$	9,800,093

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

	Level 1		Level 2		Level 3
	inputs		inputs		inputs		Total
March 31, 2016
U.S. government agencies	$	-	$	10,532,996	$	-	$	10,532,996
Municipal bonds		-		4,112,564		-		4,112,564
Corporate bonds				-		1,898,640		1,898,640
Mortgage-backed securities		-		53,940,200		-		53,940,200
Total securities available for sale	$	-	$	68,585,760	$	1,898,640	$	70,484,400

	Level 1		Level 2		Level 3
	inputs		inputs		inputs		Total
March 31, 2015
U.S. government agencies	$	-	$	17,311,947	$	-	$	17,311,947
Municipal bonds		-		2,317,130		-		2,317,130
Corporate bonds		-		1,953,264		-		1,953,264
Mortgage-backed securities		-		71,357,410		-		71,357,410
Total securities available for sale	$	-	$	92,939,751	$	-	$	92,939,751

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

March 31, 2016	Level 1 inputs		Level 2 inputs			Level 3 inputs		Total
Loans - Commercial real estate loan	$	-	$	207,511		$	-	$	207,511
Derivative - Interest rate swap agreement	$	-	$	(207,511	)	$	-	$	(207,511	)

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

Description	Fair Value		Valuation Methodology	Unobservable Inputs	Range of Inputs
Impaired loans, net of allowance	$	7,378,535	Appraised value	Discount to reflect current market conditions	0.00%	-	25.00%
			Discounted cash flows	Discount rates	2.63%	-	7.25%
Forclosed real estate	$	443,015	Appraised value	Discount to reflect current market conditions	0.00%	-	25.00%
Premises and equipment held for sale	$	405,000	Appraised Value	Discount to reflect current market conditions	0.00%	-	10.00%

Summar yOf Beginning And Ending Balance Of Foreclosed Real Estate [Table Text Block]

	Year Ended March 31,
	2016			2015
Balance, beginning of year	$	455,575		$	664,020
Transfer to foreclosed real estate		-			12,560
Foreclosed real estate acquired in acquisition		20,000			-
Proceeds from sale of foreclosed real estate		(31,752	)		-
Loss on sale of foreclosed real estate		(808	)		-
Write down of foreclosed real estate		-			(221,005	)
Balance, end of year	$	443,015		$	455,575

Fair Value, by Balance Sheet Grouping [Table Text Block]

	March 31, 2016				March 31, 2015
	Carrying		Fair		Carrying		Fair
	amount		value		amount		value
Financial assets
Level 1 inputs
Cash and cash equivalents	$	67,448,536	$	67,448,536	$	16,643,888	$	16,643,888
Level 2 inputs
Loans held for sale		259,450		266,176		581,139		591,670
Federal Home Loan Bank stock		1,042,500		1,042,500		522,700		522,700
Securities available for sale		68,585,760		68,585,760		92,939,751		92,939,751
Bank-owned life insurance		12,709,908		12,709,908		12,359,969		12,359,969
Level 3 inputs
Certificates of deposit held as investment		3,968,229		3,911,474		-		-
Loans receivable, net of unearned income		221,859,056		224,133,826		158,594,958		160,612,436
Securities available for sale		1,898,640		1,898,640
Financial liabilities
Level 2 inputs
Derivative - Interest rate swap agreement		207,511		207,511		-		-
Level 3 inputs
Deposits		313,993,651		314,095,055		222,318,892		222,880,492
Advance payments by borrowers for taxes and insurance		1,079,794		1,079,794		619,028		619,028
Borrowings		14,805,237		15,146,307		6,000,000		5,999,250