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Note 22 - Earnings Per Share - Calculation of Diluted Weighted-average Shares Outstanding (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Net income from continuing operations $ 1,966,107 $ 1,875,255
Net loss from discontinued operations (1,255,928) (801,741)
Less: Earnings (loss) allocated to participating securities (11,456) (24,642)
Net income allocated to common shareholders $ 698,723 $ 1,048,872
Weighted-average common shares outstanding including participating securities (in shares) 3,298,548 3,410,670
Less: Average participating securities (in shares) (48,982) (70,988)
Less: Average unallocated ESOP Shares (in shares) (164,096) (176,102)
Average shares (in shares) 3,085,470 3,163,581
Earnings per common share - continuing operations (in dollars per share) $ 0.64 $ 0.59
Loss per common share - discontinued operations (in dollars per share) (0.41) (0.26)
Earnings per common share - Basic (in dollars per share) $ 0.23 $ 0.33
Net income allocated to common shareholders $ 698,723 $ 1,048,872
Add: Dilutive effects of assumed exercises of stock options (in shares) 2,766 8,076
Weighted average shares and dilutive potential common shares (in shares) 3,088,236 3,171,655
Diluted earnings per common share - continuing operations (in dollars per share) $ 0.64 $ 0.59
Diluted loss per common share - discontinued operations (in dollars per share) (0.41) (0.26)
Earnings per common share - Diluted (in dollars per share) $ 0.23 $ 0.33