Note 19 - Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

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

	Fair Value Measurements Using
	Quoted Prices		Significant
	in Active		Other		Significant
	Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	Level 1		Level 2		Level 3		Fair Value
December 31, 2017
Recurring basis
Mortgage-backed securities	$	-	$	20,768,592	$	-	$	20,768,592
U.S. Government agencies		-		1,957,783		-		1,957,783
Municipal obligations		-		1,673,506		-		1,673,506
Loans held for sale				15,423,670				15,423,670
Derivative IRLCs		-		183,087		-		183,087
Derivative forward commitments		-		(15,820)				(15,820)
Nonrecurring basis
Impaired loans		-		-		5,436,972		5,436,972
Totals	$	-	$	39,990,818	$	5,436,972	$	45,427,790
December 31, 2016
Recurring basis
Mortgage-backed securities	$	-	$	27,128,396	$	-	$	27,128,396
U.S. Government agencies		-		2,525,737		-		2,525,737
Municipal obligations		-		1,844,999		-		1,844,999
Nonrecurring basis
Loans held for sale		-		14,221,163		-		14,221,163
Impaired loans		-		-		5,968,221		5,968,221
Totals	$	-	$	45,720,295	$	5,968,221	$	51,688,516

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

	Fair Value		Valuation Methodologies	Valuation Model	Unobservable Input Valuation
At December 31, 2017
Impaired loans
Commercial real estate	$	3,483,078	Appraisal	Appraisal discount and estimated selling costs		17	-	18	%
One- to four-family residential real estate		679,184	Appraisal	Appraisal discount and estimated selling costs		17	-	18	%
Commercial and industrial		1,274,710	Appraisal	Appraisal discount and estimated selling costs		17	-	18	%
	$	5,436,972
At December 31, 2016
Impaired loans
Commercial real estate	$	3,718,686	Appraisal	Appraisal discount and estimated selling costs		17	-	18	%
One- to four-family residential real estate		648,880	Appraisal	Appraisal discount and estimated selling costs		17	-	18	%
Commercial and industrial		1,600,655	Appraisal	Appraisal discount and estimated selling costs		17	-	18	%
	$	5,968,221

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

					Quoted Prices		Significant
					in Active		Other		Significant
					Markets for		Observable		Unobservable
	Carrying				Identical Assets		Inputs		Inputs
	Amount		Fair Value		Level 1		Level 2		Level 3
	(Dollars in thousands)
At December 31, 2017
Financial assets:
Cash and due from banks	$	4,988	$	4,988	$	4,988	$	-	$	-
Interest-bearing deposits with banks		4,885		4,885		4,885		-		-
Available-for-sale securities		24,400		24,400		-		24,400		-
Loans held for sale		15,424		15,424		-		15,424		-
Loans held for investment, net		257,896		257,937		-		-		257,937
Stock in financial institutions		3,826		3,826		-		3,826		-
Financial liabilities:
Demand deposits, savings and NOW deposits		172,512		168,080		168,080		-		-
Time deposits		63,049		63,076		-		63,076		-
Federal Home Loan Bank advances		45,000		45,176		-		45,176		-
At December 31, 2016
Financial assets:
Cash and due from banks	$	4,766	$	4,766	$	4,766	$	-	$	-
Interest-bearing deposits with banks		11,645		11,645		11,645		-		-
Available-for-sale securities		31,499		31,499		-		31,499		-
Loans held for sale		14,221		14,221		-		14,221		-
Loans held for investment, net		241,399		241,440		-		-		241,440
Stock in financial institutions		3,575		3,575		-		3,575		-
Financial liabilities:
Demand deposits, savings and NOW deposits		160,961		156,529		156,529		-		-
Time deposits		63,561		63,588		-		63,588		-
Federal Home Loan Bank advances		50,000		50,176		-		50,176		-