Note 5 - Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

Service cost	$	100,000
Interest cost		49,500
Expected return on plan assets		(64,800	)
Settlements		40,900
Net periodic benefit cost	$	125,600

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]

Change in PBO:
PBO, beginning of year	$	990,700
Service cost		100,000
Interest cost		49,500
Actuarial (gain) loss		(24,700	)
Settlements		(1,115,500	)
Benefits paid		-
PBO, end of year	$	-
Change in Plan assets:
Fair value, beginning of year		640,600
Actual return on plan assets		(800	)
Company contributions		475,700
Benefits paid		(1,115,500	)
Fair value, end of year	$	-
Funded status at December 31, 2015	$	-