Note 2 - Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2019

Notes Tables

Disposal Groups, Including Discontinued Operations, Calculation of Net Loss [Table Text Block]

	Three Months		Six Months
	Ended		Ended
	June 30, 2019		June 30, 2019
Severance benefits	$	147,948	$	147,948
Leases, software & other contractual obligations		360,613		360,613
Fixed asset losses		30,423		30,423
Other costs		212,998		212,998
Net Loss on Disposal	$	751,982	$	751,982

Disposal Groups, Including Discontinued Operations, Income Statement Information [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Net interest income	$	85,484		$	97,079		$	170,782		$	161,876
Gain on sale of loans		2,095,986			4,044,704			4,813,660			7,290,152
Other		190			-			190			-
Total noninterest income		2,096,176			4,044,704			4,813,850			7,290,152
Salaries and benefits		1,919,033			3,372,779			4,480,025			6,060,290
Occupancy		84,314			173,517			232,360			332,656
Data processing fees		282,503			367,471			584,369			689,877
Professional fees		51,993			43,481			107,972			75,672
Advertising		70,469			89,279			118,801			195,710
Net loss on disposal		751,982			-			751,982			-
Other		153,603			264,225			299,761			484,344
Total noninterest expense		3,313,897			4,310,752			6,575,270			7,838,549
Loss from discontinued operations		(1,132,237	)		(168,969	)		(1,590,638	)		(386,521	)
Benefit for income taxes		(279,727	)		(42,999	)		(392,193	)		(95,385	)
Net loss from discontinued operations	$	(852,510	)	$	(125,970	)	$	(1,198,445	)	$	(291,136	)

Disposal Groups, Including Discontinued Operations, Balance Sheet Information [Table Text Block]

	June 30, 2019		December 31, 2018
Loans held for sale - discontinued operations	$	2,980,149	$	26,884,014
Premises and equipment, net - discontinued operations		26,542		56,683
Accrued interest receivable - discontinued operations		11,665		11,527
Prepaid and other assets - discontinued operations		54,207		241,415
Total assets	$	3,072,563	$	27,193,639
Escrows - discontinued operations		44,011		149,776
Accrued interest and other liabilities - discontinued operations		939,732		717,407
Total liabilities	$	983,743	$	867,183
Net assets	$	2,088,820	$	26,326,456