Note 2 - Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

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

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

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

	Three Months Ended September 30,					Nine Months Ended September 30,
	2019		2018			2019			2018
Net interest income	$	-	$	84,524		$	170,782		$	246,400
Gain on sale of loans		-		3,409,098			4,813,660			10,699,250
Other		-		-			190			-
Total noninterest income		-		3,409,098			4,813,850			10,699,250
Salaries and benefits		-		3,024,779			4,480,025			9,085,069
Occupancy		-		183,547			232,360			516,203
Data processing fees		-		373,774			584,369			1,063,651
Professional fees		-		57,930			107,972			133,602
Advertising		-		101,857			118,801			297,567
Net loss on disposal		-		-			751,982			-
Other		-		288,815			299,761			773,159
Total noninterest expense		-		4,030,702			6,575,270			11,869,251
Loss from discontinued operations		-		(537,080	)		(1,590,638	)		(923,601	)
Benefit for income taxes		-		(135,380	)		(392,193	)		(230,766	)
Net loss from discontinued operations	$	-	$	(401,700	)	$	(1,198,445	)	$	(692,835	)

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

	September 30, 2019			December 31, 2018
Loans held for sale - discontinued operations	$	190,675		$	26,884,014
Premises and equipment, net - discontinued operations		-			56,683
Accrued interest receivable - discontinued operations		894			11,527
Prepaid and other assets - discontinued operations		-			241,415
Total assets	$	191,569		$	27,193,639
Escrows - discontinued operations		665			149,776
Accrued interest and other liabilities - discontinued operations		452,424			717,407
Total liabilities	$	453,089		$	867,183
Net (liabilities) assets	$	(261,520	)	$	26,326,456