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Note 11 - Fair Value Measurement and Disclosure - Estimated Fair Values of Financial Instruments (Details) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Reported Value Measurement [Member] | Non-Interest Bearing Deposits [Member]    
Deposits $ 10,285,561 $ 10,325,832
Reported Value Measurement [Member] | Interest Bearing Deposits, Liabilities [Member]    
Deposits 221,601,449 166,409,076
Reported Value Measurement [Member]    
Cash and cash equivalents 4,469,007 7,135,719
Time deposits 250,000 250,000
Federal funds sold 54,351,000 1,604,000
Securities 44,902,860 48,343,028
Accrued interest receivable 800,249 775,641
Net loans 154,943,940 140,110,201
Loans held for sale 710,700
Mortgage servicing rights 328,360 285,927
Accrued interest payable 1,697 394
FHLB advances 8,630,697 2,139,117
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Non-Interest Bearing Deposits [Member]    
Deposits 10,285,561 10,325,832
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Bearing Deposits, Liabilities [Member]    
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]    
Cash and cash equivalents 4,469,007 7,135,719
Time deposits 250,000 250,000
Federal funds sold 54,351,000 1,604,000
Securities
Accrued interest receivable 800,249 775,641
Net loans
Loans held for sale 710,700
Mortgage servicing rights
Accrued interest payable 1,697 394
FHLB advances
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Non-Interest Bearing Deposits [Member]    
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Bearing Deposits, Liabilities [Member]    
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]    
Cash and cash equivalents
Time deposits
Federal funds sold
Securities 44,149,539 46,984,907
Accrued interest receivable
Net loans
Loans held for sale
Mortgage servicing rights
Accrued interest payable
FHLB advances 8,630,697 2,139,117
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Non-Interest Bearing Deposits [Member]    
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Bearing Deposits, Liabilities [Member]    
Deposits 213,131,439 161,173,168
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]    
Cash and cash equivalents
Time deposits
Federal funds sold
Securities 753,321 1,358,121
Accrued interest receivable
Net loans 156,571,000 141,665,000
Loans held for sale
Mortgage servicing rights 328,360 285,927
Accrued interest payable
FHLB advances
Estimate of Fair Value Measurement [Member] | Non-Interest Bearing Deposits [Member]    
Deposits 10,285,561 10,325,832
Estimate of Fair Value Measurement [Member] | Interest Bearing Deposits, Liabilities [Member]    
Deposits 213,131,439 161,173,168
Estimate of Fair Value Measurement [Member]    
Cash and cash equivalents 4,469,007 7,135,719
Time deposits 250,000 250,000
Federal funds sold 54,351,000 1,604,000
Securities 44,902,860 48,343,028
Accrued interest receivable 800,249 775,641
Net loans 156,571,000 141,665,000
Loans held for sale 710,700
Mortgage servicing rights 328,360 285,927
Accrued interest payable 1,697 394
FHLB advances $ 8,630,697 $ 2,139,117