Note 5 - Financial Instruments With Off-balance-sheet Credit Risk (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]

	March 31,		December 31,
	2020		2019
Commitments to extend credit	$	22,617,514	$	25,739,246
Unused lines of credit		16,182,394		17,765,580
Totals	$	38,799,908	$	43,504,826

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

	March 31, 2020
Year	Operating Leases
2020	$	399,613
2021		507,522
2022		370,816
Total minimum lease payments		1,277,951
Amounts representing interest (present value discount)		(33,764	)
Operating lease liabilities (present value of minimum lease payments)	$	1,244,187