Note 2 - Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 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		305,915
Net Loss on Disposal	$	844,899

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

	Year Ended December 31,
	2019			2018
Net interest income	$	170,782		$	326,446
Gain on sale of loans		4,813,660			14,292,592
Other		190			-
Total noninterest income		4,813,850			14,292,592
Salaries and benefits		4,480,025			12,067,023
Occupancy		232,360			674,977
Data processing fees		584,369			1,394,464
Professional fees		107,972			178,906
Advertising		118,801			356,419
Net loss on disposal		844,899			-
Other		299,761			1,008,003
Total noninterest expense		6,668,187			15,679,792
Loss from discontinued operations		(1,683,555	)		(1,060,754	)
Benefit for income taxes		(427,627	)		(259,013	)
Net loss from discontinued operations	$	(1,255,928	)	$	(801,741	)

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

	December 31, 2019			December 31, 2018
Loans held for sale - discontinued operations	$	-		$	26,884,014
Premises and equipment, net - discontinued operations		-			56,683
Accrued interest receivable - discontinued operations		-			11,527
Prepaid and other assets - discontinued operations		-			241,415
Total assets	$	-		$	27,193,639
Escrows - discontinued operations		-			149,776
Accrued interest and other liabilities - discontinued operations		233,427			717,407
Total liabilities	$	233,427		$	867,183
Net (liabilities) assets	$	(233,427	)	$	26,326,456