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Note 20 - Condensed Financial Statements of Parent Company (Tables)
12 Months Ended
Dec. 31, 2017
Notes Tables  
Condensed Balance Sheet [Table Text Block]
   
As of December 31,
 
   
2017
   
2016
 
                 
ASSETS
               
Cash and due from banks
 
$
6,489,288
    $
6,978,326
 
Investment in wholly owned subsidiary
 
 
42,426,774
     
41,591,052
 
ESOP note receivable
 
 
1,731,494
     
1,761,628
 
Prepaid and other assets
 
 
358,962
     
445,701
 
                 
TOTAL ASSETS
 
$
51,006,518
    $
50,776,707
 
                 
LIABILITIES AND STOCKHOLDERS
’ EQUITY
               
Liabilities
               
Income taxes payable
 
$
-
    $
130
 
Accounts payable
 
 
35,829
     
-
 
Total liabilities
 
 
35,829
     
130
 
                 
Stockholders
’ equity
               
Common stock, $0.01 per value, 100,000,000 authorized, 3,490,672 and 3,438,190 issued and outstanding, respectively
 
 
34,907
     
34,382
 
Additional paid-in capital
 
 
26,849,822
     
27,161,856
 
Retained earnings
 
 
26,060,598
     
25,700,007
 
Accumulated other comprehensive loss, net of tax
 
 
(274,266
)
   
(363,437
)
Unearned employee stock ownership plan (ESOP) shares
 
 
(1,700,372
)
   
(1,756,231
)
Total stockholders
’ equity
 
 
50,970,689
     
50,776,577
 
                 
TOTAL LIABILITIES AND STOCKHOLDERS
’ EQUITY
 
$
51,006,518
    $
50,776,707
 
Condensed Statement of Comprehensive Income [Table Text Block]
   
Year Ended December 31,
 
   
2017
   
2016
 
                 
Interest income on ESOP note receivable
 
$
66,111
    $
21,924
 
Noninterest income
               
Equity in income of subsidiary
 
 
643,113
     
4,847,989
 
                 
Noninterest expense
               
Professional fees and other
 
 
193,828
     
20,355
 
                 
Income before income taxes
 
 
515,396
     
4,849,558
 
                 
Provision (benefit) for income taxes
 
 
154,805
     
(445,569
)
                 
Net income
 
 
360,591
     
5,295,127
 
                 
Other comprehensive income (loss)
               
Unrealized income (loss) on available-for-sale securities
 
 
89,171
     
(147,390
)
                 
COMPREHENSIVE INCOME
 
$
449,762
    $
5,147,737
 
Condensed Cash Flow Statement [Table Text Block]
   
Year Ended December 31,
 
   
2017
   
2016
 
                 
Cash flows from operating activities:
               
Net income
 
$
360,591
    $
5,295,127
 
Adjustments to reconcile net income to net cash from operating activities:
               
Equity in (income) of subsidiary
 
 
(643,113
)
   
(4,847,989
)
Changes in operating assets and liabilities
               
Income taxes payable
 
 
(29,472
)
   
(645,924
)
Prepaid and other assets
 
 
116,081
     
(437,160
)
Accrued interest and other liabilities
 
 
35,827
     
(15,421
)
Other, net
 
 
-
     
-
 
Net cash (used for) operating activities
 
 
(160,086
)
   
(651,367
)
                 
Cash flows from investing activities:
               
Principal collections on ESOP note receivable
 
 
30,134
     
30,707
 
Net cash provided by investing activities
 
 
30,134
     
30,707
 
                 
Cash flows from financing activities:
               
Issuance of common stock
 
 
55,314
     
-
 
Common stock repurchases
 
 
(414,400
)
   
-
 
Second-step conversion proceeds
 
 
-
     
18,794,840
 
ESOP shares purchased
 
 
-
     
(1,503,580
)
Conversion costs
 
 
-
     
(1,363,693
)
Capital injection into subsidiary
 
 
-
     
(8,722,655
)
Net cash (used for) provided by financing activities
 
 
(359,086
)
   
7,204,912
 
                 
Net increase (decrease) in cash and due from banks
 
 
(489,038
)
   
6,584,252
 
                 
Cash and due from banks, beginning of period
   
6,978,326
     
394,074
 
                 
Cash and due from banks, end of period
 
$
6,489,288
    $
6,978,326