Guaranty Federal Bancshares (GFED) 10-Q 10 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 01, 2017
Document Information [Line Items]
Entity Registrant Name	Guaranty Federal Bancshares Inc
Entity Central Index Key	1,046,203
Trading Symbol	gfed
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		4,421,275
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 3,768,095	$ 3,769,478
Interest-bearing deposits in other financial institutions	4,734,136	5,318,963
Cash and cash equivalents	8,502,231	9,088,441
Available-for-sale securities	91,145,987	92,399,235
Held-to-maturity securities	24,193	27,528
Stock in Federal Home Loan Bank, at cost	4,509,500	4,611,000
Mortgage loans held for sale	2,240,267	2,183,633
Loans receivable, net of allowance for loan losses of March 31, 2017 - $6,172,345 - December 31, 2016 - $5,742,449	585,249,149	538,273,640
Accrued interest receivable	1,931,357	1,947,063
Prepaid expenses and other assets	3,261,263	2,961,336
Foreclosed assets held for sale	1,414,200	2,682,353
Premises and equipment, net	11,042,493	10,871,039
Bank owned life insurance	19,388,985	19,272,893
Deferred and receivable income taxes	3,403,877	3,661,658
	732,113,502	687,979,819
LIABILITIES
Deposits	551,407,462	505,362,750
Federal Home Loan Bank advances	92,100,000	95,700,000
Subordinated debentures	15,465,000	15,465,000
Advances from borrowers for taxes and insurance	277,121	192,460
Accrued expenses and other liabilities	1,172,932	1,077,396
Accrued interest payable	192,124	207,833
	660,614,639	618,005,439
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock, $0.10 par value; authorized 10,000,000 shares; issued March 31, 2017 and December 31, 2016 - 6,875,503 shares	687,550	687,550
Additional paid-in capital	50,518,677	50,552,077
Retained earnings, substantially restricted	58,334,395	57,347,282
Accumulated other comprehensive loss
Unrealized loss on available-for-sale securities, net of income taxes	(908,653)	(1,309,241)
	108,631,969	107,277,668
Treasury stock, at cost; March 31, 2017 and December 31, 2016 - 2,454,228 and 2,465,476 shares, respectively	(37,133,106)	(37,303,288)
	71,498,863	69,974,380
	$ 732,113,502	$ 687,979,819

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Loans receivable, allowance for loans losses	$ 6,172,345	$ 5,742,449
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, authorized (in shares)	10,000,000	10,000,000
Common stock, issued (in shares)	6,875,503	6,875,503
Treasury stock, shares (in shares)	2,454,228	2,465,476

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest Income
Loans	$ 6,246,510	$ 5,701,892
Investment securities	475,469	457,851
Other	49,423	45,302
	6,771,402	6,205,045
Interest Expense
Deposits	621,854	584,817
FHLB advances	399,927	301,164
Subordinated debentures	151,680	139,430
	1,173,461	1,025,411
Net Interest Income	5,597,941	5,179,634
Provision for loan losses	475,000	375,000
Net Interest Income After Provision for Loan Losses	5,122,941	4,804,634
Noninterest Income
Service charges	267,106	265,969
Gain on sale of investment securities		51,030
Gain on sale of mortgage loans held for sale	408,614	349,874
Gain on sale of Small Business Administration loans	130,488	69,552
Net gain (loss) on foreclosed assets	38,073	(10,708)
Other income	385,084	383,105
	1,229,365	1,108,822
Noninterest Expense
Salaries and employee benefits	2,857,771	2,550,932
Occupancy	486,229	444,701
FDIC deposit insurance premiums	53,112	116,850
Data processing	229,316	215,130
Advertising	131,250	131,250
Other expense	661,942	650,613
	4,419,620	4,109,476
Income Before Income Taxes	1,932,686	1,803,980
Provision for Income Taxes	503,445	527,375
Net Income Available to Common Shareholders	$ 1,429,241	$ 1,276,605
Basic Income Per Common Share (in dollars per share)	$ 0.33	$ 0.29
Diluted Income Per Common Share (in dollars per share)	$ 0.32	$ 0.29

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
NET INCOME	$ 1,429,241	$ 1,276,605
OTHER ITEMS OF COMPREHENSIVE INCOME:
Change in unrealized loss on investment securities available-for-sale, before income taxes	635,854	858,906
Less: Reclassification adjustment for realized gains on investment securities included in net income, before income taxes		(51,030)
Total other items of comprehensive income	635,854	807,876
Income tax expense related to other items of comprehensive income	235,266	298,913
Other comprehensive income	400,588	508,963
TOTAL COMPREHENSIVE INCOME	$ 1,829,829	$ 1,785,568

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 3 months ended Mar. 31, 2017 - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2016	$ 687,550	$ 50,552,077	$ (37,303,288)	$ 57,347,282	$ (1,309,241)	$ 69,974,380
Net income				1,429,241		1,429,241
Change in unrealized loss on available-for-sale securities, net of income taxes					400,588	400,588
Dividends on common stock				(442,128)		(442,128)
Stock award plans		(33,400)	170,182			136,782
Balance at Mar. 31, 2017	$ 687,550	$ 50,518,677	$ (37,133,106)	$ 58,334,395	$ (908,653)	$ 71,498,863

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (Parentheticals)	3 Months Ended
	Mar. 31, 2017$ / shares
Retained Earnings [Member]
Common stock dividends (in dollars per share)	$ 0.10

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 1,429,241	$ 1,276,605
Items not requiring (providing) cash:
Deferred income taxes	(375,774)	(98,991)
Depreciation	230,186	204,063
Provision for loan losses	475,000	375,000
Gain on sale of Small Business Administration loans	(130,488)	(69,552)
Gain on sale of mortgage loans held for sale and investment securities	(408,614)	(400,904)
Gain on sale of foreclosed assets	(76,462)
Amortization of deferred income, premiums and discounts	183,994	36,188
Stock award plan expense	136,782	86,857
Origination of loans held for sale	(14,032,641)	(13,234,230)
Proceeds from sale of loans held for sale	14,384,621	13,970,021
Increase in cash surrender value of bank owned life insurance	(116,092)	(123,054)
Changes in:
Accrued interest receivable	15,706	216,765
Prepaid expenses and other assets	(250,972)	(15,254)
Accounts payable and accrued expenses	78,702	(93,464)
Income taxes receivable/payable	398,289	404,998
Net cash provided by operating activities	1,941,478	2,535,048
CASH FLOWS FROM INVESTING ACTIVITIES
Net change in loans	(46,986,724)	707,296
Principal payments on available-for-sale securities	1,756,038	1,615,252
Principal payments on held-to-maturity securities	3,335	4,318
Proceeds from maturities of available-for-sale securities		535,000
Purchase of premises and equipment	(401,640)	(184,112)
Purchase of available-for-sale securities		(38,349,852)
Proceeds from sale of available-for-sale securities		30,514,669
Redemption (purchase) of FHLB stock	101,500	(29,500)
Purchase of tax credit investments	(48,955)
Proceeds from sale of foreclosed assets held for sale	960,388	40,706
Net cash used in investing activities	(44,616,058)	(5,146,223)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash dividends paid	(441,003)	(351,403)
Net increase in demand deposits, NOW accounts and savings accounts	49,337,734	3,456,203
Net decrease in certificates of deposit	(3,293,022)	(1,778,130)
Repayments of FHLB advances	(3,600,000)
Advances from borrowers for taxes and insurance	84,661	54,107
Stock options exercised		77,850
Net cash provided by financing activities	42,088,370	1,458,627
DECREASE IN CASH AND CASH EQUIVALENTS	(586,210)	(1,152,548)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	9,088,441	18,774,419
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 8,502,231	$ 17,621,871

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 1: The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information and with the instructions to Form 10 8 03 These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in Guaranty Federal Bancshares, Inc.’s (the “Company”) Annual Report on Form 10 December 31, 2016 (“2016 December 31, 2016,

Note 2 - Principles of Consolid

Note 2 - Principles of Consolidation	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 2: The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Guaranty Bank (the “Bank”). All significant intercompany transactions and balances have been eliminated in consolidation.

Note 3 - Securities

Note 3 - Securities	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 3: The amortized cost and approximate fair values of securities classified as available-for-sale were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of March 31, 2017 Debt Securities: Municipals $ 39,252,697 $ 121,186 $ (793,752 ) $ 38,580,131 Corporates 7,013,388 105,327 (11,752 ) 7,106,963 Government sponsored mortgage-backed securities and SBA loan pools 46,322,098 21,469 (884,674 ) 45,458,893 $ 92,588,183 $ 247,982 $ (1,690,178 ) $ 91,145,987 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of December 31, 2016 Debt Securities: Municipals $ 39,357,506 $ 65,673 $ (1,085,654 ) $ 38,337,525 Corporates 7,003,986 54,050 (4,514 ) 7,053,522 Government sponsored mortgage-backed securities and SBA loan pools 48,115,793 19,432 (1,127,037 ) 47,008,188 $ 94,477,285 $ 139,155 $ (2,217,205 ) $ 92,399,235 Maturities of available-for-sale debt securities as of March 31, 2017: Amortized Cost Approximate Fair Value 1-5 years $ 1,627,007 $ 1,639,778 6-10 years 14,994,780 14,974,617 After 10 years 29,644,298 29,072,699 Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date 46,322,098 45,458,893 $ 92,588,183 $ 91,145,987 The amortized cost and approximate fair values of securities classified as held to maturity are as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of March 31, 2017 Debt Securities: Government sponsored mortgage-backed securities $ 24,193 $ 567 $ (4 ) $ 24,756 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of December 31, 2016 Debt Securities: Government sponsored mortgage-backed securities $ 27,528 $ 625 $ - $ 28,153 Maturities of held-to-maturity securities as of March 31, 2017: Amortized Cost Approximate Fair Value Government sponsored mortgage-backed securities not due on a single maturity date $ 24,193 $ 24,756 The book value of securities pledged as collateral, to secure public deposits and for other purposes, amounted to $76,426,679 $48,723,259 March 31, 2017 December 31, 2016, $75,041,697 $47,617,900 March 31, 2017 December 31, 2016, Realized gains and losses are recorded as net securities gains. Gains on sales of securities are determined on the specific identification method. Gross gains of $0 $51,030 March 31, 2017 March 31, 2016, $0 $18,881 March 31, 2017 March 31, 2016, The Company evaluates all securities quarterly to determine if any unrealized losses are deemed to be other than temporary. Certain investment securities are valued at less than their historical cost. These declines are primarily the result of the rate for these investments yielding less than current market rates, or declines in stock prices of equity securities. Based on evaluation of available evidence, management believes the declines in fair value for these securities are temporary. It is management’s intent to hold the debt securities to maturity or until recovery of the unrealized loss. Should the impairment of any of these debt securities become other than temporary, the cost basis of the investment will be reduced and the resulting loss recognized in net income in the period the other-than-temporary impairment is identified, to the extent the loss is related to credit issues, and to other comprehensive income to the extent the decline on debt securities is related to other factors and the Company does not intend to sell the security prior to recovery of the unrealized loss. Certain other investments in debt and equity securities are reported in the financial statements at an amount less than their historical cost. Total fair value of these investments at March 31, 2017 December 31, 2016, $69,657,304 $79,361,229, 76% 86% The following table shows gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2017 December 31, 2016. March 31, 2017 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Municipals $ 28,622,410 $ (749,903 ) $ 1,063,302 $ (43,849 ) $ 29,685,712 $ (793,752 ) Corporates 1,885,000 (11,752 ) - - 1,885,000 (11,752 ) Government sponsored mortgage-backed securities and SBA loan pools 31,986,174 (740,508 ) 6,100,418 (144,166 ) 38,086,592 (884,674 ) $ 62,493,584 $ (1,502,163 ) $ 7,163,720 $ (188,015 ) $ 69,657,304 $ (1,690,178 ) December 31, 2016 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Municipals $ 33,084,816 $ (1,082,021 ) $ 179,402 $ (3,633 ) $ 33,264,218 $ (1,085,654 ) Corporates 1,996,172 (3,828 ) 881,100 (686 ) 2,877,272 (4,514 ) Government sponsored mortgage-backed securities and SBA loan pools 39,570,463 (1,022,511 ) 3,649,276 (104,526 ) 43,219,739 (1,127,037 ) $ 74,651,451 $ (2,108,360 ) $ 4,709,778 $ (108,845 ) $ 79,361,229 $ (2,217,205 )

Note 4 - Loans and Allowance fo

Note 4 - Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 4: March 31, 2017 December 31, 2016 March 31, December 31, 2017 2016 Real estate - residential mortgage: One to four family units $ 105,865,028 $ 106,410,559 Multi-family 63,075,156 48,483,523 Real estate - construction 49,829,368 40,912,307 Real estate - commercial 264,957,902 249,580,873 Commercial loans 83,746,015 75,404,732 Consumer and other loans 24,381,166 23,606,306 Total loans 591,854,635 544,398,300 Less: Allowance for loan losses (6,172,345 ) (5,742,449 ) Deferred loan fees/costs, net (433,141 ) (382,211 ) Net loans $ 585,249,149 $ 538,273,640 March 31, 2017 December 31, 2016 As of March 31, 2017 30-59 Days Past Due 60-89 Days Past Due 90 Days and more Past Due Total Past Due Current Total Loans Receivable Total Loans > 90 Days and Accruing (In Thousands) Real estate - residential mortgage: One to four family units $ 1,459 $ - $ 62 $ 1,521 $ 104,344 $ 105,865 $ - Multi-family - - - - 63,075 63,075 - Real estate - construction - - - - 49,830 49,830 - Real estate - commercial - 1,079 - 1,079 263,879 264,958 - Commercial loans 38 704 574 1,316 82,430 83,746 - Consumer and other loans - 25 2 27 24,354 24,381 - Total $ 1,497 $ 1,808 $ 638 $ 3,943 $ 587,912 $ 591,855 $ - As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due 90 Days and more Past Due Total Past Due Current Total Loans Receivable Total Loans > 90 Days and Accruing (In Thousands) Real estate - residential mortgage: One to four family units $ 367 $ 495 $ 103 $ 965 $ 105,446 $ 106,411 $ - Multi-family - - - - 48,483 48,483 - Real estate - construction - - - - 40,912 40,912 - Real estate - commercial - - - - 249,581 249,581 - Commercial loans - - 593 593 74,812 75,405 - Consumer and other loans - - 38 38 23,568 23,606 - Total $ 367 $ 495 $ 734 $ 1,596 $ 542,802 $ 544,398 $ - March 31, December 31, 2017 2016 Real estate - residential mortgage: One to four family units $ 1,904,095 $ 2,060,180 Multi-family - - Real estate - construction 5,361,078 5,446,896 Real estate - commercial 1,240,468 161,491 Commercial loans 1,641,183 925,281 Consumer and other loans 25,247 37,791 Total $ 10,172,071 $ 8,631,639 three March 31, 2017 2016: March 31, 2017 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Balance, beginning of period $ 1,377 $ 1,687 $ 856 $ 206 $ 1,168 $ 337 $ 111 $ 5,742 Provision charged to expense (96 ) 55 (33 ) 67 (287 ) 5 764 $ 475 Losses charged off - - (11 ) - - (70 ) - $ (81 ) Recoveries 18 - 6 - 2 10 - $ 36 Balance, end of period $ 1,299 $ 1,742 $ 818 $ 273 $ 883 $ 282 $ 875 $ 6,172 March 31, 2016 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Balance, beginning of period $ 1,246 $ 1,526 $ 821 $ 177 $ 1,382 $ 223 $ 437 $ 5,812 Provision charged to expense 621 (46 ) (3 ) (18 ) 121 64 (364 ) $ 375 Losses charged off - - - - - (29 ) - $ (29 ) Recoveries 1 6 8 - - 12 - $ 27 Balance, end of period $ 1,868 $ 1,486 $ 826 $ 159 $ 1,503 $ 270 $ 73 $ 6,185 The following tables present the recorded investment in loans based on portfolio segment and impairment method as of March 31, 2017 December 31, 2016: March 31, 2017 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 344 $ - $ 7 $ - $ 471 $ 11 $ - $ 833 Ending balance: collectively evaluated for impairment $ 955 $ 1,742 $ 811 $ 273 $ 412 $ 271 $ 875 $ 5,339 Loans: Ending balance: individually evaluated for impairment $ 5,361 $ 1,240 $ 1,904 $ - $ 1,641 $ 112 $ - $ 10,258 Ending balance: collectively evaluated for impairment $ 44,469 $ 263,718 $ 103,961 $ 63,075 $ 82,105 $ 24,269 $ - $ 581,597 December 31, 2016 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 302 $ - $ 14 $ - $ 241 $ 45 $ - $ 602 Ending balance: collectively evaluated for impairment $ 1,075 $ 1,687 $ 842 $ 206 $ 927 $ 292 $ 111 $ 5,140 Loans: Ending balance: individually evaluated for impairment $ 5,447 $ 161 $ 2,060 $ - $ 925 $ 106 $ - $ 8,699 Ending balance: collectively evaluated for impairment $ 35,465 $ 249,420 $ 104,351 $ 48,483 $ 74,480 $ 23,500 $ - $ 535,699 The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers nonclassified loans and is based on historical charge-off experience and expected loss given default derived from the Bank’s internal risk rating process. Other adjustments may A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Groups of loans with similar risk characteristics are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. The following table summarizes the recorded investment in impaired loans at March 31, 2017 December 31, 2016: March 31, 2017 December 31, 2016 Recorded Balance Unpaid Principal Balance Specific Allowance Recorded Balance Unpaid Principal Balance Specific Allowance (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,857 $ 1,857 $ - $ 2,006 $ 2,006 $ - Multi-family - - - - - - Real estate - construction 2,964 2,964 - 3,017 3,017 - Real estate - commercial 1,240 1,240 - 161 161 - Commercial loans 597 597 - 622 622 - Consumer and other loans 25 25 - 3 3 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 47 $ 47 $ 7 $ 54 $ 54 $ 14 Multi-family - - - - - - Real estate - construction 2,397 3,630 344 2,430 3,663 302 Real estate - commercial - - - - - - Commercial loans 1,044 1,496 471 303 755 241 Consumer and other loans 87 87 11 103 103 45 Total Real estate - residential mortgage: One to four family units $ 1,904 $ 1,904 $ 7 $ 2,060 $ 2,060 $ 14 Multi-family - - - - - - Real estate - construction 5,361 6,594 344 5,447 6,680 302 Real estate - commercial 1,240 1,240 - 161 161 - Commercial loans 1,641 2,093 471 925 1,377 241 Consumer and other loans 112 112 11 106 106 45 Total $ 10,258 $ 11,943 $ 833 $ 8,699 $ 10,384 $ 602 The following table summarizes average impaired loans and related interest recognized on impaired loans for the three March 31, 2017 2016: For the Three Months Ended For the Three Months Ended March 31, 2017 March 31, 2016 Average Investment in Impaired Loans Interest Income Recognized Average Investment in Impaired Loans Interest Income Recognized (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,888 $ - $ 2,240 $ - Multi-family - - - - Real estate - construction 2,990 - 5,725 - Real estate - commercial 521 - 1,201 - Commercial loans 601 - 1,352 - Consumer and other loans 10 - 28 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 41 $ - $ 32 $ - Multi-family - - - - Real estate - construction 2,415 - 2,350 - Real estate - commercial - - - - Commercial loans 550 - 699 - Consumer and other loans 87 - 83 - Total Real estate - residential mortgage: One to four family units $ 1,929 $ - $ 2,272 $ - Multi-family - - - - Real estate - construction 5,405 - 8,075 - Real estate - commercial 521 - 1,201 - Commercial loans 1,151 - 2,051 - Consumer and other loans 97 - 111 - Total $ 9,103 $ - $ 13,710 $ - At March 31, 2017, In assessing whether or not a borrower is experiencing financial difficulties, the Bank considers information currently available regarding the financial condition of the borrower. This information includes, but is not limited to, whether (i) the debtor is currently in payment default on any of its debt; (ii) a payment default is probable in the foreseeable future without the modification; (iii) the debtor has declared or is in the process of declaring bankruptcy and (iv) the debtor’s projected cash flow is sufficient to satisfy the contractual payments due under the original terms of the loan without a modification. The Bank considers all aspects of the modification to loan terms to determine whether or not a concession has been granted to the borrower. Key factors considered by the Bank include the debtor’s ability to access funds at a market rate for debt with similar risk characteristics, the significance of the modification relative to unpaid principal balance or collateral value of the debt, and the significance of a delay in the timing of payments relative to the original contractual terms of the loan. The most common concessions granted by the Bank generally include one The following table presents the carrying balance of TDRs as of March 31, 2017 December 31, 2016: March 31, 2017 December 31, 2016 Real estate - residential mortgage: One to four family units $ 1,386,750 $ 1,564,468 Multi-family - - Real estate - construction 5,361,078 5,446,895 Real estate - commercial 5,736,849 5,736,849 Commercial loans 377,846 401,403 Consumer and other loans - - Total $ 12,862,523 $ 13,149,615 The bank did not three March 31, 2017. $372,321 $329,734 March 31, 2017 December 31, 2016, There were no twelve three March 31, 2017 2016. 90 As part of the on-going monitoring of the credit quality of the Bank’s loan portfolio, management tracks loans by an internal rating system. All loans are assigned an internal credit quality rating based on an analysis of the borrower’s financial condition. The criteria used to assign quality ratings to extensions of credit that exhibit potential problems or well-defined weaknesses are primarily based upon the degree of risk and the likelihood of orderly repayment, and their effect on the Bank’s safety and soundness. The following are the internally assigned ratings: Pass: This rating represents loans that have strong asset quality and liquidity along with a multi-year track record of profitability. Special mention: This rating represents loans that are currently protected but are potentially weak. The credit risk may Substandard: This rating represents loans that show signs of continuing negative financial trends and unprofitability and therefore, is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Doubtful: This rating represents loans that have all the weaknesses of substandard classified loans with the additional characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Risk characteristics applicable to each segment of the loan portfolio are described as follows. Real estate-Residential 1 4 1 4 1 4 Real estate-Construction: Construction and land development real estate loans are usually based upon estimates of costs and estimated value of the completed project and include independent appraisal reviews and a financial analysis of the developers and property owners. Sources of repayment of these loans may may Real estate-Commercial: Commercial real estate loans typically involve larger principal amounts, and repayment of these loans is generally dependent on the successful operations of the property securing the loan or the business conducted on the property securing the loan. These loans are viewed primarily as cash flow loans and secondarily may Commercial: The commercial portfolio includes loans to commercial customers for use in financing working capital needs, equipment purchases and expansions. The loans in this category are repaid primarily from the cash flow of a borrower’s principal business operation. Credit risk in these loans is driven by creditworthiness of a borrower and the economic conditions that impact the cash flow stability from business operations. Consumer: The consumer loan portfolio consists of various term and line of credit loans such as automobile loans and loans for other personal purposes. Repayment for these types of loans will come from a borrower’s income sources that are typically independent of the loan purpose. Credit risk is driven by consumer economic factors (such as unemployment and general economic conditions in the Bank’s market area) and the creditworthiness of a borrower. The following tables provide information about the credit quality of the loan portfolio using the Bank’s internal rating system as of March 31, 2017 December 31, 2016: March 31, 2017 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Total (In Thousands) Rating: Pass $ 44,469 $ 257,325 $ 100,001 $ 63,075 $ 77,345 $ 24,149 $ 566,364 Special Mention - 5,919 2,574 - 4,619 - 13,112 Substandard 5,361 1,714 3,290 - 1,217 232 11,814 Doubtful - - - - 565 - 565 Total $ 49,830 $ 264,958 $ 105,865 $ 63,075 $ 83,746 $ 24,381 $ 591,855 December 31, 2016 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Total (In Thousands) Rating: Pass $ 35,465 $ 242,200 $ 100,367 $ 48,483 $ 69,093 $ 23,380 $ 518,988 Special Mention - 5,922 2,591 - 4,503 - 13,016 Substandard 5,447 1,459 3,453 - 1,225 226 11,810 Doubtful - - - - 584 - 584 Total $ 40,912 $ 249,581 $ 106,411 $ 48,483 $ 75,405 $ 23,606 $ 544,398 For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees net of certain direct origination costs, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on loans is discontinued at the time the loan is 90 All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.

Note 5 - Benefit Plans

Note 5 - Benefit Plans	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 5: The Company has stock-based employee compensation plans, which are described in the Company’s 2016 The following tables below summarize transactions under the Company’s equity plans for the three March 31, 2017: Stock Options Number of shares Incentive Stock Option Non- Incentive Stock Option Weighted Average Exercise Price Balance outstanding as of January 1, 2017 60,000 52,500 $ 20.15 Granted - - - Exercised - - - Forfeited (10,000 ) - 28.43 Balance outstanding as of March 31, 2017 50,000 52,500 $ 19.34 Options exercisable as of March 31, 2017 50,000 52,500 $ 19.34 The total intrinsic value of stock options exercised for the three March 31, 2017 2016 $0 $153,353, $566,840 $401,385 March 31, 2017 2016, Restricted Stock Number of Shares Weighted Average Grant- Date Fair Value Balance of shares non-vested as of January 1, 2017 60,955 $ 13.62 Granted 12,886 20.35 Vested (27,291 ) 12.25 Forfeited - - Balance of shares non-vested as of March 31, 2017 46,550 $ 16.29 In February 2017, 6,960 2015 6,195 one 765 three $20.35 three March 31, 2017 2016 $33,120 $30,691, For the three March 31, 2017 2016, 5,926 14,593 three three March 31, 2017 2016 $57,687 $56,166, On March 29, 2017, 55,823 three (25%); (50%); (100%). two March 29, 2017 December 31, 2019 two (50%) (50%). $20.48 three March 31, 2017 $1,654. Total stock-based compensation expense recognized for the three March 31, 2017 2016 $92,461 $86,857, March 31, 2017, $1,028,839

Note 6 - Income Per Common Shar

Note 6 - Income Per Common Share	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 6: For three months ended March 31, 2017 Income Available to Common Stockholders Average Common Shares Outstanding Per Common Share Basic Income per Common Share $ 1,429,241 4,363,071 $ 0.33 Effect of Dilutive Securities 56,952 Diluted Income per Common Share $ 1,429,241 4,420,023 $ 0.32 For three months ended March 31, 2016 Income Available to Common Stockholders Average Common Shares Outstanding Per Common Share Basic Income per Common Share $ 1,276,605 4,360,244 $ 0.29 Effect of Dilutive Securities 50,035 Diluted Income per Common Share $ 1,276,605 4,410,279 $ 0.29 Stock options to purchase 58,500 83,500 three March 31, 2017 2016,

Note 7 - New Accounting Pronoun

Note 7 - New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 7: In May 2014, 2014 09, 606): Revenue from Contracts with Customers 2014 09”). 2014 09 December 15, 2016, 2015 14 Revenue from Contracts with Customers (Topic 606) 2014 09 one December 15, 2017. first 2018, 2014 09 In January 2016, 2016 01, 825 10): Recognition and Measurement of Financial Assets and Financial Liabilities 2016 01”). 2016 01 2016 01 2016 01 December 15, 2017. 2016 01 In February 2016, 2016 02, Leases 2016 02”). 2016 02 12 2016 02 December 15, 2018, In March 2016, 2016 09, 718): Improvements to Employee Share-Based Payment Accounting may December 15, 2016. In June 2016, 2016 13, 326): Measurement of Credit Losses on Financial Instruments December 15, 2019, December 15, 2018. 2016 13 In August 2016, 2016 15, 230): Classification of Certain Cash Receipts and Cash Payments. eight December 15, 2017. 2016 15 In March 2017, 2017 08, 310 20): Premium Amortization of Purchased Callable Debt Securities . December 15, 2018. 2017 08

Note 8 - Disclosures About Fair

Note 8 - Disclosures About Fair Value of Assets and Liabilities	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 8: ASC Topic 820, Fair Value Measurements 820 three may Level 1 Level 2 1 Level 3 The following is a description of the inputs and valuation methodologies used for assets measured at fair value on a recurring basis and recognized in the accompanying condensed consolidated balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. Available-for-sale securities: 1 1 may one two 2 2 3 The following table presents the fair value measurements of assets recognized in the accompanying condensed consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2017 December 31, 2016 3/31/2017 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Municipals $ - $ 38,580 $ - $ 38,580 Corporates - 7,107 - 7,107 Government sponsored mortgage-backed securities and SBA loan pools - 45,459 - 45,459 Available-for-sale securities $ - $ 91,146 $ - $ 91,146 12/31/2016 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Municipals $ - $ 38,338 $ - $ 38,338 Corporates - 7,053 - 7,053 Government sponsored mortgage-backed securities and SBA loan pools - 47,008 - 47,008 Available-for-sale securities $ - $ 92,399 $ - $ 92,399 The following is a description of the valuation methodologies used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying statements of financial condition, as well as the general classification of such assets pursuant to the valuation hierarchy. Foreclosed Assets Held for Sale : Foreclosed assets held for sale are classified within Level 3 Impaired loans (Collateral Dependent) : If the impaired loan is identified as collateral dependent, then the fair value method of measuring the amount of impairment is utilized. This method requires obtaining a current independent appraisal of the collateral and applying a discount factor to the value. Impaired loans that are collateral dependent are classified within Level 3 The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2017 December 31, 2016 Impaired loans: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value March 31, 2017 $ - $ - $ 7,985 $ 7,985 December 31, 2016 $ - $ - $ 1,006 $ 1,006 Foreclosed assets held for sale: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value March 31, 2017 $ - $ - $ - $ - December 31, 2016 $ - $ - $ 149 $ 149 There were no transfers between valuation levels for any asset during the three March 31, 2017 2016. The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 Fair Value March 31, 2017 Valuation Technique Unobservable Input Range (Weighted Average) Impaired loans (collateral dependent) $ 7,985 Market Comparable Discount to reflect realizable value 0% - 66% (9%) Foreclosed assets held for sale $ - Market Comparable Discount to reflect realizable value 0% The following methods were used to estimate the fair value of all other financial instruments recognized in the accompanying condensed consolidated balance sheets at amounts other than fair value. Cash and cash equivalents, interest-bearing deposits and Federal Home Loan Bank stock The carrying amounts reported in the condensed consolidated balance sheets approximate those assets' fair value. Held-to-maturity securities Fair value is based on quoted market prices, if available. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. Loans The fair value of loans is estimated by discounting the future cash flows using the market rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Loans with similar characteristics were aggregated for purposes of the calculations. The carrying amount of accrued interest approximates its fair value. Deposits Deposits include demand deposits, savings accounts, NOW accounts and certain money market deposits. The carrying amount approximates fair value. The fair value of fixed-maturity certificates of deposit is estimated by discounting the future cash flows using rates currently offered for deposits of similar remaining maturities. Federal Home Loan Bank advances The fair value of advances is estimated by using rates on debt with similar terms and remaining maturities. Subordinated debentures For these variable rate instruments, the carrying amount is a reasonable estimate of fair value. There is currently a limited market for similar debt instruments and the Company has the option to call the subordinated debentures at an amount close to its par value. Interest payable The carrying amount approximates fair value. Commitments to originate loans, letters of credit and lines of credit The fair value of commitments to originate loans is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present credit worthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of letters of credit and lines of credit are based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. The following tables present estimated fair values of the Company’s financial instruments at March 31, 2017 December 31, 2016. March 31, 2017 Carrying Amount Fair Value Hierarchy Level Financial assets: Cash and cash equivalents $ 8,502,231 $ 8,502,231 1 Held-to-maturity securities 24,193 24,756 2 Federal Home Loan Bank stock 4,509,500 4,509,500 2 Mortgage loans held for sale 2,240,267 2,240,267 2 Loans, net 585,249,149 584,322,342 3 Interest receivable 1,931,357 1,931,357 2 Financial liabilities: Deposits 551,407,462 550,613,891 2 Federal Home Loan Bank advances 92,100,000 92,562,127 2 Subordinated debentures 15,465,000 15,465,000 3 Interest payable 192,124 192,124 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - - December 31, 2016 Carrying Amount Fair Value Hierarchy Level Financial assets: Cash and cash equivalents $ 9,088,441 $ 9,088,441 1 Held-to-maturity securities 27,528 28,153 2 Federal Home Loan Bank stock 4,611,000 4,611,000 2 Mortgage loans held for sale 2,183,633 2,183,633 2 Loans, net 538,273,640 537,645,692 3 Interest receivable 1,947,063 1,947,063 2 Financial liabilities: Deposits 505,362,750 504,829,161 2 Federal Home Loan Bank advances 95,700,000 95,764,840 2 Subordinated debentures 15,465,000 15,465,000 3 Interest payable 207,833 207,833 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - -

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of March 31, 2017 Debt Securities: Municipals $ 39,252,697 $ 121,186 $ (793,752 ) $ 38,580,131 Corporates 7,013,388 105,327 (11,752 ) 7,106,963 Government sponsored mortgage-backed securities and SBA loan pools 46,322,098 21,469 (884,674 ) 45,458,893 $ 92,588,183 $ 247,982 $ (1,690,178 ) $ 91,145,987 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of December 31, 2016 Debt Securities: Municipals $ 39,357,506 $ 65,673 $ (1,085,654 ) $ 38,337,525 Corporates 7,003,986 54,050 (4,514 ) 7,053,522 Government sponsored mortgage-backed securities and SBA loan pools 48,115,793 19,432 (1,127,037 ) 47,008,188 $ 94,477,285 $ 139,155 $ (2,217,205 ) $ 92,399,235
Available-for-sale Securities [Table Text Block]	Amortized Cost Approximate Fair Value 1-5 years $ 1,627,007 $ 1,639,778 6-10 years 14,994,780 14,974,617 After 10 years 29,644,298 29,072,699 Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date 46,322,098 45,458,893 $ 92,588,183 $ 91,145,987
Held-to-maturity Securities [Table Text Block]	Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of March 31, 2017 Debt Securities: Government sponsored mortgage-backed securities $ 24,193 $ 567 $ (4 ) $ 24,756 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of December 31, 2016 Debt Securities: Government sponsored mortgage-backed securities $ 27,528 $ 625 $ - $ 28,153
Schedule of Unrealized Loss on Investments [Table Text Block]	March 31, 2017 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Municipals $ 28,622,410 $ (749,903 ) $ 1,063,302 $ (43,849 ) $ 29,685,712 $ (793,752 ) Corporates 1,885,000 (11,752 ) - - 1,885,000 (11,752 ) Government sponsored mortgage-backed securities and SBA loan pools 31,986,174 (740,508 ) 6,100,418 (144,166 ) 38,086,592 (884,674 ) $ 62,493,584 $ (1,502,163 ) $ 7,163,720 $ (188,015 ) $ 69,657,304 $ (1,690,178 ) December 31, 2016 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Municipals $ 33,084,816 $ (1,082,021 ) $ 179,402 $ (3,633 ) $ 33,264,218 $ (1,085,654 ) Corporates 1,996,172 (3,828 ) 881,100 (686 ) 2,877,272 (4,514 ) Government sponsored mortgage-backed securities and SBA loan pools 39,570,463 (1,022,511 ) 3,649,276 (104,526 ) 43,219,739 (1,127,037 ) $ 74,651,451 $ (2,108,360 ) $ 4,709,778 $ (108,845 ) $ 79,361,229 $ (2,217,205 )
Held-to-maturity Securities [Member]
Notes Tables
Held-to-maturity Securities [Table Text Block]	Amortized Cost Approximate Fair Value Government sponsored mortgage-backed securities not due on a single maturity date $ 24,193 $ 24,756

Note 4 - Loans and Allowance 18

Note 4 - Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, December 31, 2017 2016 Real estate - residential mortgage: One to four family units $ 105,865,028 $ 106,410,559 Multi-family 63,075,156 48,483,523 Real estate - construction 49,829,368 40,912,307 Real estate - commercial 264,957,902 249,580,873 Commercial loans 83,746,015 75,404,732 Consumer and other loans 24,381,166 23,606,306 Total loans 591,854,635 544,398,300 Less: Allowance for loan losses (6,172,345 ) (5,742,449 ) Deferred loan fees/costs, net (433,141 ) (382,211 ) Net loans $ 585,249,149 $ 538,273,640
Past Due Financing Receivables [Table Text Block]	As of March 31, 2017 30-59 Days Past Due 60-89 Days Past Due 90 Days and more Past Due Total Past Due Current Total Loans Receivable Total Loans > 90 Days and Accruing (In Thousands) Real estate - residential mortgage: One to four family units $ 1,459 $ - $ 62 $ 1,521 $ 104,344 $ 105,865 $ - Multi-family - - - - 63,075 63,075 - Real estate - construction - - - - 49,830 49,830 - Real estate - commercial - 1,079 - 1,079 263,879 264,958 - Commercial loans 38 704 574 1,316 82,430 83,746 - Consumer and other loans - 25 2 27 24,354 24,381 - Total $ 1,497 $ 1,808 $ 638 $ 3,943 $ 587,912 $ 591,855 $ - As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due 90 Days and more Past Due Total Past Due Current Total Loans Receivable Total Loans > 90 Days and Accruing (In Thousands) Real estate - residential mortgage: One to four family units $ 367 $ 495 $ 103 $ 965 $ 105,446 $ 106,411 $ - Multi-family - - - - 48,483 48,483 - Real estate - construction - - - - 40,912 40,912 - Real estate - commercial - - - - 249,581 249,581 - Commercial loans - - 593 593 74,812 75,405 - Consumer and other loans - - 38 38 23,568 23,606 - Total $ 367 $ 495 $ 734 $ 1,596 $ 542,802 $ 544,398 $ -
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	March 31, December 31, 2017 2016 Real estate - residential mortgage: One to four family units $ 1,904,095 $ 2,060,180 Multi-family - - Real estate - construction 5,361,078 5,446,896 Real estate - commercial 1,240,468 161,491 Commercial loans 1,641,183 925,281 Consumer and other loans 25,247 37,791 Total $ 10,172,071 $ 8,631,639
Allowance for Credit Losses on Financing Receivables [Table Text Block]	March 31, 2017 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Balance, beginning of period $ 1,377 $ 1,687 $ 856 $ 206 $ 1,168 $ 337 $ 111 $ 5,742 Provision charged to expense (96 ) 55 (33 ) 67 (287 ) 5 764 $ 475 Losses charged off - - (11 ) - - (70 ) - $ (81 ) Recoveries 18 - 6 - 2 10 - $ 36 Balance, end of period $ 1,299 $ 1,742 $ 818 $ 273 $ 883 $ 282 $ 875 $ 6,172 March 31, 2016 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Balance, beginning of period $ 1,246 $ 1,526 $ 821 $ 177 $ 1,382 $ 223 $ 437 $ 5,812 Provision charged to expense 621 (46 ) (3 ) (18 ) 121 64 (364 ) $ 375 Losses charged off - - - - - (29 ) - $ (29 ) Recoveries 1 6 8 - - 12 - $ 27 Balance, end of period $ 1,868 $ 1,486 $ 826 $ 159 $ 1,503 $ 270 $ 73 $ 6,185 March 31, 2017 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 344 $ - $ 7 $ - $ 471 $ 11 $ - $ 833 Ending balance: collectively evaluated for impairment $ 955 $ 1,742 $ 811 $ 273 $ 412 $ 271 $ 875 $ 5,339 Loans: Ending balance: individually evaluated for impairment $ 5,361 $ 1,240 $ 1,904 $ - $ 1,641 $ 112 $ - $ 10,258 Ending balance: collectively evaluated for impairment $ 44,469 $ 263,718 $ 103,961 $ 63,075 $ 82,105 $ 24,269 $ - $ 581,597 December 31, 2016 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 302 $ - $ 14 $ - $ 241 $ 45 $ - $ 602 Ending balance: collectively evaluated for impairment $ 1,075 $ 1,687 $ 842 $ 206 $ 927 $ 292 $ 111 $ 5,140 Loans: Ending balance: individually evaluated for impairment $ 5,447 $ 161 $ 2,060 $ - $ 925 $ 106 $ - $ 8,699 Ending balance: collectively evaluated for impairment $ 35,465 $ 249,420 $ 104,351 $ 48,483 $ 74,480 $ 23,500 $ - $ 535,699
Impaired Financing Receivables [Table Text Block]	March 31, 2017 December 31, 2016 Recorded Balance Unpaid Principal Balance Specific Allowance Recorded Balance Unpaid Principal Balance Specific Allowance (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,857 $ 1,857 $ - $ 2,006 $ 2,006 $ - Multi-family - - - - - - Real estate - construction 2,964 2,964 - 3,017 3,017 - Real estate - commercial 1,240 1,240 - 161 161 - Commercial loans 597 597 - 622 622 - Consumer and other loans 25 25 - 3 3 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 47 $ 47 $ 7 $ 54 $ 54 $ 14 Multi-family - - - - - - Real estate - construction 2,397 3,630 344 2,430 3,663 302 Real estate - commercial - - - - - - Commercial loans 1,044 1,496 471 303 755 241 Consumer and other loans 87 87 11 103 103 45 Total Real estate - residential mortgage: One to four family units $ 1,904 $ 1,904 $ 7 $ 2,060 $ 2,060 $ 14 Multi-family - - - - - - Real estate - construction 5,361 6,594 344 5,447 6,680 302 Real estate - commercial 1,240 1,240 - 161 161 - Commercial loans 1,641 2,093 471 925 1,377 241 Consumer and other loans 112 112 11 106 106 45 Total $ 10,258 $ 11,943 $ 833 $ 8,699 $ 10,384 $ 602 For the Three Months Ended For the Three Months Ended March 31, 2017 March 31, 2016 Average Investment in Impaired Loans Interest Income Recognized Average Investment in Impaired Loans Interest Income Recognized (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,888 $ - $ 2,240 $ - Multi-family - - - - Real estate - construction 2,990 - 5,725 - Real estate - commercial 521 - 1,201 - Commercial loans 601 - 1,352 - Consumer and other loans 10 - 28 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 41 $ - $ 32 $ - Multi-family - - - - Real estate - construction 2,415 - 2,350 - Real estate - commercial - - - - Commercial loans 550 - 699 - Consumer and other loans 87 - 83 - Total Real estate - residential mortgage: One to four family units $ 1,929 $ - $ 2,272 $ - Multi-family - - - - Real estate - construction 5,405 - 8,075 - Real estate - commercial 521 - 1,201 - Commercial loans 1,151 - 2,051 - Consumer and other loans 97 - 111 - Total $ 9,103 $ - $ 13,710 $ -
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	March 31, 2017 December 31, 2016 Real estate - residential mortgage: One to four family units $ 1,386,750 $ 1,564,468 Multi-family - - Real estate - construction 5,361,078 5,446,895 Real estate - commercial 5,736,849 5,736,849 Commercial loans 377,846 401,403 Consumer and other loans - - Total $ 12,862,523 $ 13,149,615
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2017 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Total (In Thousands) Rating: Pass $ 44,469 $ 257,325 $ 100,001 $ 63,075 $ 77,345 $ 24,149 $ 566,364 Special Mention - 5,919 2,574 - 4,619 - 13,112 Substandard 5,361 1,714 3,290 - 1,217 232 11,814 Doubtful - - - - 565 - 565 Total $ 49,830 $ 264,958 $ 105,865 $ 63,075 $ 83,746 $ 24,381 $ 591,855 December 31, 2016 Construction Commercial Real Estate One to four family Multi-family Commercial Consumer and Other Total (In Thousands) Rating: Pass $ 35,465 $ 242,200 $ 100,367 $ 48,483 $ 69,093 $ 23,380 $ 518,988 Special Mention - 5,922 2,591 - 4,503 - 13,016 Substandard 5,447 1,459 3,453 - 1,225 226 11,810 Doubtful - - - - 584 - 584 Total $ 40,912 $ 249,581 $ 106,411 $ 48,483 $ 75,405 $ 23,606 $ 544,398

Note 5 - Benefit Plans (Tables)

Note 5 - Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Stock Options Number of shares Incentive Stock Option Non- Incentive Stock Option Weighted Average Exercise Price Balance outstanding as of January 1, 2017 60,000 52,500 $ 20.15 Granted - - - Exercised - - - Forfeited (10,000 ) - 28.43 Balance outstanding as of March 31, 2017 50,000 52,500 $ 19.34 Options exercisable as of March 31, 2017 50,000 52,500 $ 19.34
Nonvested Restricted Stock Shares Activity [Table Text Block]	Restricted Stock Number of Shares Weighted Average Grant- Date Fair Value Balance of shares non-vested as of January 1, 2017 60,955 $ 13.62 Granted 12,886 20.35 Vested (27,291 ) 12.25 Forfeited - - Balance of shares non-vested as of March 31, 2017 46,550 $ 16.29

Note 6 - Income Per Common Sh20

Note 6 - Income Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For three months ended March 31, 2017 Income Available to Common Stockholders Average Common Shares Outstanding Per Common Share Basic Income per Common Share $ 1,429,241 4,363,071 $ 0.33 Effect of Dilutive Securities 56,952 Diluted Income per Common Share $ 1,429,241 4,420,023 $ 0.32 For three months ended March 31, 2016 Income Available to Common Stockholders Average Common Shares Outstanding Per Common Share Basic Income per Common Share $ 1,276,605 4,360,244 $ 0.29 Effect of Dilutive Securities 50,035 Diluted Income per Common Share $ 1,276,605 4,410,279 $ 0.29

Note 8 - Disclosures About Fa21

Note 8 - Disclosures About Fair Value of Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	3/31/2017 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Municipals $ - $ 38,580 $ - $ 38,580 Corporates - 7,107 - 7,107 Government sponsored mortgage-backed securities and SBA loan pools - 45,459 - 45,459 Available-for-sale securities $ - $ 91,146 $ - $ 91,146 12/31/2016 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Municipals $ - $ 38,338 $ - $ 38,338 Corporates - 7,053 - 7,053 Government sponsored mortgage-backed securities and SBA loan pools - 47,008 - 47,008 Available-for-sale securities $ - $ 92,399 $ - $ 92,399
Fair Value Measurements, Nonrecurring [Table Text Block]	Impaired loans: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value March 31, 2017 $ - $ - $ 7,985 $ 7,985 December 31, 2016 $ - $ - $ 1,006 $ 1,006 Foreclosed assets held for sale: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value March 31, 2017 $ - $ - $ - $ - December 31, 2016 $ - $ - $ 149 $ 149
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Fair Value March 31, 2017 Valuation Technique Unobservable Input Range (Weighted Average) Impaired loans (collateral dependent) $ 7,985 Market Comparable Discount to reflect realizable value 0% - 66% (9%) Foreclosed assets held for sale $ - Market Comparable Discount to reflect realizable value 0%
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2017 Carrying Amount Fair Value Hierarchy Level Financial assets: Cash and cash equivalents $ 8,502,231 $ 8,502,231 1 Held-to-maturity securities 24,193 24,756 2 Federal Home Loan Bank stock 4,509,500 4,509,500 2 Mortgage loans held for sale 2,240,267 2,240,267 2 Loans, net 585,249,149 584,322,342 3 Interest receivable 1,931,357 1,931,357 2 Financial liabilities: Deposits 551,407,462 550,613,891 2 Federal Home Loan Bank advances 92,100,000 92,562,127 2 Subordinated debentures 15,465,000 15,465,000 3 Interest payable 192,124 192,124 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - - December 31, 2016 Carrying Amount Fair Value Hierarchy Level Financial assets: Cash and cash equivalents $ 9,088,441 $ 9,088,441 1 Held-to-maturity securities 27,528 28,153 2 Federal Home Loan Bank stock 4,611,000 4,611,000 2 Mortgage loans held for sale 2,183,633 2,183,633 2 Loans, net 538,273,640 537,645,692 3 Interest receivable 1,947,063 1,947,063 2 Financial liabilities: Deposits 505,362,750 504,829,161 2 Federal Home Loan Bank advances 95,700,000 95,764,840 2 Subordinated debentures 15,465,000 15,465,000 3 Interest payable 207,833 207,833 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - -

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Available for Sale Securities Pledged as Collateral Book Value	$ 76,426,679		$ 48,723,259
Available-for-sale Securities Pledged as Collateral	75,041,697		47,617,900
Available-for-sale Securities, Gross Realized Gains	0	$ 51,030
Availablefor Sale Securities Gross Realized Gain Loss Tax Effect	0	$ 18,881
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 69,657,304		$ 79,361,229
Percentage of Securitiesin Continuous Unrealized Loss Positionto Total Investment Portfolio	76.00%		86.00%

Note 3 - Securities - Available

Note 3 - Securities - Available-for-sale Securities (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Available-for-sale securities, amortized cost	$ 92,588,183	$ 94,477,285
Available-for-sale securities, gross unrealized gains	247,982	139,155
Available-for-sale securities, gross unrealized (losses)	(1,690,178)	(2,217,205)
Available-for-sale securities, approximate fair value	91,145,987	92,399,235
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, amortized cost	39,252,697	39,357,506
Available-for-sale securities, gross unrealized gains	121,186	65,673
Available-for-sale securities, gross unrealized (losses)	(793,752)	(1,085,654)
Available-for-sale securities, approximate fair value	38,580,131	38,337,525
Corporate Debt Securities [Member]
Available-for-sale securities, amortized cost	7,013,388	7,003,986
Available-for-sale securities, gross unrealized gains	105,327	54,050
Available-for-sale securities, gross unrealized (losses)	(11,752)	(4,514)
Available-for-sale securities, approximate fair value	7,106,963	7,053,522
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities, amortized cost	46,322,098	48,115,793
Available-for-sale securities, gross unrealized gains	21,469	19,432
Available-for-sale securities, gross unrealized (losses)	(884,674)	(1,127,037)
Available-for-sale securities, approximate fair value	$ 45,458,893	$ 47,008,188

Note 3 - Securities - Availab24

Note 3 - Securities - Available-for-sale Securities by Maturity (Details)	Mar. 31, 2017USD ($)
1-5 years, amortized cost	$ 1,627,007
1-5 years, fair value	1,639,778
5-10 years, amortized cost	14,994,780
5-10 years, fair value	14,974,617
After ten years, amortized cost	29,644,298
After ten years, fair value	29,072,699
Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date, amortized cost	46,322,098
Government sponsored mortgage-backed securities and SBA loan pools not due on a single maturity date, fair value	45,458,893
Amortized cost	92,588,183
Fair value	$ 91,145,987

Note 3 - Securities - Held-to-m

Note 3 - Securities - Held-to-maturity Securities (Details) - Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Debt Securities:
Held-to-maturity securities, amortized cost	$ 24,193	$ 27,528
Held-to-maturity securities, gross unrealized gains	567	625
Held-to-maturity securities, gross unrealized losses	(4)	0
Held-to-maturity securities, approximate fair value	$ 24,756	$ 28,153

Note 3 - Securities - Held-to26

Note 3 - Securities - Held-to-maturity Securities by Maturity (Details)	Mar. 31, 2017USD ($)
Government sponsored mortgage-backed securities not due on a single maturity date, amortized cost	$ 24,193
Government sponsored mortgage-backed securities not due on a single maturity date, approximate fair value	$ 24,756

Note 3 - Securities - Securitie

Note 3 - Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Securities, continuous unrealized loss position, less than 12 months, fair value	$ 62,493,584	$ 74,651,451
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(1,502,163)	(2,108,360)
Securities, continuous unrealized loss position, 12 months or more, fair value	7,163,720	4,709,778
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	(188,015)	(108,845)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	69,657,304	79,361,229
Securities, continuous unrealized loss position, unrealized losses	(1,690,178)	(2,217,205)
Securities, continuous unrealized loss position, less than 12 months, fair value	62,493,584	74,651,451
Securities, continuous unrealized loss position, fair value	69,657,304	79,361,229
US States and Political Subdivisions Debt Securities [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	28,622,410	33,084,816
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(749,903)	(1,082,021)
Securities, continuous unrealized loss position, 12 months or more, fair value	1,063,302	179,402
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	(43,849)	(3,633)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	29,685,712	33,264,218
Securities, continuous unrealized loss position, unrealized losses	(793,752)	(1,085,654)
Securities, continuous unrealized loss position, less than 12 months, fair value	28,622,410	33,084,816
Securities, continuous unrealized loss position, fair value	29,685,712	33,264,218
Corporate Debt Securities [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	1,885,000	1,996,172
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(11,752)	(3,828)
Securities, continuous unrealized loss position, 12 months or more, fair value		881,100
Securities, continuous unrealized loss position, 12 months or more, unrealized losses		(686)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,885,000	2,877,272
Securities, continuous unrealized loss position, unrealized losses	(11,752)	(4,514)
Securities, continuous unrealized loss position, less than 12 months, fair value	1,885,000	1,996,172
Securities, continuous unrealized loss position, fair value	1,885,000	2,877,272
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	31,986,174	39,570,463
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(740,508)	(1,022,511)
Securities, continuous unrealized loss position, 12 months or more, fair value	6,100,418	3,649,276
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	(144,166)	(104,526)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	38,086,592	43,219,739
Securities, continuous unrealized loss position, unrealized losses	(884,674)	(1,127,037)
Securities, continuous unrealized loss position, less than 12 months, fair value	31,986,174	39,570,463
Securities, continuous unrealized loss position, fair value	$ 38,086,592	$ 43,219,739

Note 4 - Loans and Allowance 28

Note 4 - Loans and Allowance for Loan Losses (Details Textual) xbrli-pure in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016	Dec. 31, 2016USD ($)
Financing Receivable, Modifications, Number of Contracts	0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0
Troubled Debt Restructurings [Member]
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 372,321		$ 329,734

Note 4 - Loans and Allowance 29

Note 4 - Loans and Allowance for Loan Losses - Loans by Category (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Loans receivable	$ 591,854,635	$ 544,398,300
Allowance for loan losses	(6,172,345)	(5,742,449)	$ (6,185,000)	$ (5,812,000)
Deferred loan fees/costs, net	(433,141)	(382,211)
Net loans	585,249,149	538,273,640
Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Loans receivable	105,865,028	106,410,559
Allowance for loan losses	(818,000)	(856,000)	(826,000)	(821,000)
Residential Portfolio Segment [Member] | Multi Family Units [Member]
Loans receivable	63,075,156	48,483,523
Allowance for loan losses	(273,000)	(206,000)	(159,000)	(177,000)
Residential Portfolio Segment [Member] | Construction Loans [Member]
Loans receivable	49,829,368	40,912,307
Allowance for loan losses	(1,299,000)	(1,377,000)	(1,868,000)	(1,246,000)
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	264,957,902	249,580,873
Commercial Portfolio Segment [Member]
Loans receivable	83,746,015	75,404,732
Allowance for loan losses	(883,000)	(1,168,000)	(1,503,000)	(1,382,000)
Consumer Portfolio Segment [Member] | Other Loans [Member]
Loans receivable	24,381,166	23,606,306
Allowance for loan losses	$ (282,000)	$ (337,000)	$ (270,000)	$ (223,000)

Note 4 - Loans and Allowance 30

Note 4 - Loans and Allowance for Loan Losses - Loans by Aging (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Loans receivable, past due	$ 3,943,000	$ 1,596,000
Loans receivable, current	587,912,000	542,802,000
Loans receivable	591,854,635	544,398,300
Loans receivable, past due and accruing
Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Loans receivable, past due	1,521,000	965,000
Loans receivable, current	104,344,000	105,446,000
Loans receivable	105,865,028	106,410,559
Loans receivable, past due and accruing
Residential Portfolio Segment [Member] | Multi Family Units [Member]
Loans receivable, past due
Loans receivable, current	63,075,000	48,483,000
Loans receivable	63,075,156	48,483,523
Loans receivable, past due and accruing
Residential Portfolio Segment [Member] | Construction Loans [Member]
Loans receivable, past due
Loans receivable, current	49,830,000	40,912,000
Loans receivable	49,829,368	40,912,307
Loans receivable, past due and accruing
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due	1,079,000
Loans receivable, current	263,879,000	249,581,000
Loans receivable	264,957,902	249,580,873
Loans receivable, past due and accruing
Commercial Portfolio Segment [Member]
Loans receivable, past due	1,316,000	593,000
Loans receivable, current	82,430,000	74,812,000
Loans receivable	83,746,015	75,404,732
Loans receivable, past due and accruing
Consumer Portfolio Segment [Member] | Other Loans [Member]
Loans receivable, past due	27,000	38,000
Loans receivable, current	24,354,000	23,568,000
Loans receivable	24,381,166	23,606,306
Loans receivable, past due and accruing
Financing Receivables, 30 to 59 Days Past Due [Member]
Loans receivable, past due	1,497,000	367,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Loans receivable, past due	1,459,000	367,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member] | Multi Family Units [Member]
Loans receivable, past due
Financing Receivables, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Loans receivable, past due
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable, past due	38,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Other Loans [Member]
Loans receivable, past due
Financing Receivables, 60 to 89 Days Past Due [Member]
Loans receivable, past due	1,808,000	495,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Loans receivable, past due		495,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member] | Multi Family Units [Member]
Loans receivable, past due
Financing Receivables, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Loans receivable, past due
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due	1,079,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable, past due	704,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Other Loans [Member]
Loans receivable, past due	25,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans receivable, past due	638,000	734,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Loans receivable, past due	62,000	103,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member] | Multi Family Units [Member]
Loans receivable, past due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Loans receivable, past due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable, past due	574,000	593,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Other Loans [Member]
Loans receivable, past due	$ 2,000	$ 38,000

Note 4 - Loans and Allowance 31

Note 4 - Loans and Allowance for Loan Losses - Nonaccruing Loans (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Nonaccruing loans	$ 10,172,071	$ 8,631,639
Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Nonaccruing loans	1,904,095	2,060,180
Residential Portfolio Segment [Member] | Multi Family Units [Member]
Nonaccruing loans
Residential Portfolio Segment [Member] | Construction Loans [Member]
Nonaccruing loans	5,361,078	5,446,896
Commercial Real Estate Portfolio Segment [Member]
Nonaccruing loans	1,240,468	161,491
Commercial Portfolio Segment [Member]
Nonaccruing loans	1,641,183	925,281
Consumer Portfolio Segment [Member] | Other Loans [Member]
Nonaccruing loans	$ 25,247	$ 37,791

Note 4 - Loans and Allowance 32

Note 4 - Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Balance, beginning of period	$ 5,742,449	$ 5,812,000
Provision for loan losses	475,000	375,000
Losses charged off	(81,000)	(29,000)
Recoveries	36,000	27,000
Balance, end of period	6,172,345	6,185,000
Ending balance: individually evaluated for impairment	833,000		$ 602,000
Ending balance: collectively evaluated for impairment	5,339,000		5,140,000
Loans:
Ending balance: individually evaluated for impairment	10,258,000		8,699,000
Ending balance: collectively evaluated for impairment	581,597,000		535,699,000
Ending balance: individually evaluated for impairment	833,000		602,000
Ending balance: collectively evaluated for impairment	5,339,000		5,140,000
Residential Portfolio Segment [Member] | Construction Loans [Member]
Balance, beginning of period	1,377,000	1,246,000
Provision for loan losses	(96,000)	621,000
Losses charged off
Recoveries	18,000	1,000
Balance, end of period	1,299,000	1,868,000
Ending balance: individually evaluated for impairment	344,000		302,000
Ending balance: collectively evaluated for impairment	955,000		1,075,000
Loans:
Ending balance: individually evaluated for impairment	5,361,000		5,447,000
Ending balance: collectively evaluated for impairment	44,469,000		35,465,000
Ending balance: individually evaluated for impairment	344,000		302,000
Ending balance: collectively evaluated for impairment	955,000		1,075,000
Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Balance, beginning of period	856,000	821,000
Provision for loan losses	(33,000)	(3,000)
Losses charged off	(11,000)
Recoveries	6,000	8,000
Balance, end of period	818,000	826,000
Ending balance: individually evaluated for impairment	7,000		14,000
Ending balance: collectively evaluated for impairment	811,000		842,000
Loans:
Ending balance: individually evaluated for impairment	1,904,000		2,060,000
Ending balance: collectively evaluated for impairment	103,961,000		104,351,000
Ending balance: individually evaluated for impairment	7,000		14,000
Ending balance: collectively evaluated for impairment	811,000		842,000
Residential Portfolio Segment [Member] | Multi Family Units [Member]
Balance, beginning of period	206,000	177,000
Provision for loan losses	67,000	(18,000)
Losses charged off	0	0
Recoveries	0	0
Balance, end of period	273,000	159,000
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	273,000		206,000
Loans:
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	63,075,000		48,483,000
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	273,000		206,000
Commercial Real Estate Portfolio Segment [Member]
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	1,742,000		1,687,000
Loans:
Ending balance: individually evaluated for impairment	1,240,000		161,000
Ending balance: collectively evaluated for impairment	263,718,000		249,420,000
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	1,742,000		1,687,000
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Balance, beginning of period	1,687,000	1,526,000
Provision for loan losses	55,000	(46,000)
Losses charged off
Recoveries		6,000
Balance, end of period	1,742,000	1,486,000
Commercial Portfolio Segment [Member]
Balance, beginning of period	1,168,000	1,382,000
Provision for loan losses	(287,000)	121,000
Losses charged off
Recoveries	2,000
Balance, end of period	883,000	1,503,000
Ending balance: individually evaluated for impairment	471,000		241,000
Ending balance: collectively evaluated for impairment	412,000		927,000
Loans:
Ending balance: individually evaluated for impairment	1,641,000		925,000
Ending balance: collectively evaluated for impairment	82,105,000		74,480,000
Ending balance: individually evaluated for impairment	471,000		241,000
Ending balance: collectively evaluated for impairment	412,000		927,000
Consumer Portfolio Segment [Member] | Other Loans [Member]
Balance, beginning of period	337,000	223,000
Provision for loan losses	5,000	64,000
Losses charged off	(70,000)	(29,000)
Recoveries	10,000	12,000
Balance, end of period	282,000	270,000
Ending balance: individually evaluated for impairment	11,000		45,000
Ending balance: collectively evaluated for impairment	271,000		292,000
Loans:
Ending balance: individually evaluated for impairment	112,000		106,000
Ending balance: collectively evaluated for impairment	24,269,000		23,500,000
Ending balance: individually evaluated for impairment	11,000		45,000
Ending balance: collectively evaluated for impairment	271,000		292,000
Unallocated [Member]
Balance, beginning of period	111,000	437,000
Provision for loan losses	764,000	(364,000)
Losses charged off	0	0
Recoveries	0	0
Balance, end of period	875,000	$ 73,000
Unallocated Financing Receivables [Member]
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	875,000		111,000
Loans:
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	$ 875,000		$ 111,000

Note 4 - Loans and Allowance 33

Note 4 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Valuation allowance	$ 833		$ 602
Loans recorded balance	10,258		8,699
Loans unpaid principal	11,943		10,384
Loans average investment in impaired loans	9,103	$ 13,710
Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Loans without a specific valuation allowance, recorded balance	1,857		2,006
Loans without a specific valuation allowance, unpaid principal	1,857		2,006
Loans with a specific valuation allowance, recorded balance	47		54
Loans with a specific valuation allowance, unpaid principal	47		54
Valuation allowance	7		14
Loans recorded balance	1,904		2,060
Loans unpaid principal	1,904		2,060
Loans without a specific valuation allowance, average investment in impaired loans	1,888	2,240
Loans with a specific valuation allowance, average investment in impaired loans	41	32
Loans average investment in impaired loans	1,929	2,272
Residential Portfolio Segment [Member] | Multi Family Units [Member]
Loans without a specific valuation allowance, recorded balance
Loans without a specific valuation allowance, unpaid principal
Valuation allowance
Loans recorded balance
Loans unpaid principal
Loans without a specific valuation allowance, average investment in impaired loans
Loans with a specific valuation allowance, average investment in impaired loans
Loans average investment in impaired loans
Residential Portfolio Segment [Member] | Construction Loans [Member]
Loans without a specific valuation allowance, recorded balance	2,964		3,017
Loans without a specific valuation allowance, unpaid principal	2,964		3,017
Loans with a specific valuation allowance, recorded balance	2,397		2,430
Loans with a specific valuation allowance, unpaid principal	3,630		3,663
Valuation allowance	344		302
Loans recorded balance	5,361		5,447
Loans unpaid principal	6,594		6,680
Loans without a specific valuation allowance, average investment in impaired loans	2,990	5,725
Loans with a specific valuation allowance, average investment in impaired loans	2,415	2,350
Loans average investment in impaired loans	5,405	8,075
Commercial Real Estate Portfolio Segment [Member]
Loans without a specific valuation allowance, recorded balance	1,240		161
Loans without a specific valuation allowance, unpaid principal	1,240		161
Loans with a specific valuation allowance, recorded balance
Loans with a specific valuation allowance, unpaid principal
Valuation allowance
Loans recorded balance	1,240		161
Loans unpaid principal	1,240		161
Loans without a specific valuation allowance, average investment in impaired loans	521	1,201
Loans with a specific valuation allowance, average investment in impaired loans
Loans average investment in impaired loans	521	1,201
Commercial Portfolio Segment [Member]
Loans without a specific valuation allowance, recorded balance	597		622
Loans without a specific valuation allowance, unpaid principal	597		622
Loans with a specific valuation allowance, recorded balance	1,044		303
Loans with a specific valuation allowance, unpaid principal	1,496		755
Valuation allowance	471		241
Loans recorded balance	1,641		925
Loans unpaid principal	2,093		1,377
Loans without a specific valuation allowance, average investment in impaired loans	601	1,352
Loans with a specific valuation allowance, average investment in impaired loans	550	699
Loans average investment in impaired loans	1,151	2,051
Consumer Portfolio Segment [Member] | Other Loans [Member]
Loans without a specific valuation allowance, recorded balance	25		3
Loans without a specific valuation allowance, unpaid principal	25		3
Loans with a specific valuation allowance, recorded balance	87		103
Loans with a specific valuation allowance, unpaid principal	87		103
Valuation allowance	11		45
Loans recorded balance	112		106
Loans unpaid principal	112		$ 106
Loans without a specific valuation allowance, average investment in impaired loans	10	28
Loans with a specific valuation allowance, average investment in impaired loans	87	83
Loans average investment in impaired loans	$ 97	$ 111

Note 4 - Loans and Allowance 34

Note 4 - Loans and Allowance for Loan Losses - Troubled Debt Restructurings (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
TDRs, carrying balance	$ 12,862,523	$ 13,149,615
Residential Portfolio Segment [Member] | One To Four Family Units [Member]
TDRs, carrying balance	1,386,750	1,564,468
Residential Portfolio Segment [Member] | Multi Family Units [Member]
TDRs, carrying balance
Residential Portfolio Segment [Member] | Construction Loans [Member]
TDRs, carrying balance	5,361,078	5,446,895
Commercial Real Estate Portfolio Segment [Member]
TDRs, carrying balance	5,736,849	5,736,849
Commercial Portfolio Segment [Member]
TDRs, carrying balance	377,846	401,403
Consumer Portfolio Segment [Member] | Other Loans [Member]
TDRs, carrying balance

Note 4 - Loans and Allowance 35

Note 4 - Loans and Allowance for Loan Losses - Loan Portfolio by Credit Quality (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Rating:
Loans receivable	$ 591,854,635	$ 544,398,300
Residential Portfolio Segment [Member] | Construction Loans [Member]
Rating:
Loans receivable	49,829,368	40,912,307
Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Rating:
Loans receivable	105,865,028	106,410,559
Residential Portfolio Segment [Member] | Multi Family Units [Member]
Rating:
Loans receivable	63,075,156	48,483,523
Commercial Real Estate Portfolio Segment [Member]
Rating:
Loans receivable	264,957,902	249,580,873
Commercial Portfolio Segment [Member]
Rating:
Loans receivable	83,746,015	75,404,732
Consumer Portfolio Segment [Member] | Other Loans [Member]
Rating:
Loans receivable	24,381,166	23,606,306
Pass [Member]
Rating:
Loans receivable	566,364,000	518,988,000
Pass [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Rating:
Loans receivable	44,469,000	35,465,000
Pass [Member] | Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Rating:
Loans receivable	100,001,000	100,367,000
Pass [Member] | Residential Portfolio Segment [Member] | Multi Family Units [Member]
Rating:
Loans receivable	63,075,000	48,483,000
Pass [Member] | Commercial Real Estate Portfolio Segment [Member]
Rating:
Loans receivable	257,325,000	242,200,000
Pass [Member] | Commercial Portfolio Segment [Member]
Rating:
Loans receivable	77,345,000	69,093,000
Pass [Member] | Consumer Portfolio Segment [Member] | Other Loans [Member]
Rating:
Loans receivable	24,149,000	23,380,000
Special Mention [Member]
Rating:
Loans receivable	13,112,000	13,016,000
Special Mention [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Rating:
Loans receivable	0	0
Special Mention [Member] | Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Rating:
Loans receivable	2,574,000	2,591,000
Special Mention [Member] | Residential Portfolio Segment [Member] | Multi Family Units [Member]
Rating:
Loans receivable	0	0
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member]
Rating:
Loans receivable	5,919,000	5,922,000
Special Mention [Member] | Commercial Portfolio Segment [Member]
Rating:
Loans receivable	4,619,000	4,503,000
Special Mention [Member] | Consumer Portfolio Segment [Member] | Other Loans [Member]
Rating:
Loans receivable	0	0
Substandard [Member]
Rating:
Loans receivable	11,814,000	11,810,000
Substandard [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Rating:
Loans receivable	5,361,000	5,447,000
Substandard [Member] | Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Rating:
Loans receivable	3,290,000	3,453,000
Substandard [Member] | Residential Portfolio Segment [Member] | Multi Family Units [Member]
Rating:
Loans receivable	0	0
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member]
Rating:
Loans receivable	1,714,000	1,459,000
Substandard [Member] | Commercial Portfolio Segment [Member]
Rating:
Loans receivable	1,217,000	1,225,000
Substandard [Member] | Consumer Portfolio Segment [Member] | Other Loans [Member]
Rating:
Loans receivable	232,000	226,000
Doubtful [Member]
Rating:
Loans receivable	565,000	584,000
Doubtful [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Rating:
Loans receivable	0	0
Doubtful [Member] | Residential Portfolio Segment [Member] | One To Four Family Units [Member]
Rating:
Loans receivable	0	0
Doubtful [Member] | Residential Portfolio Segment [Member] | Multi Family Units [Member]
Rating:
Loans receivable	0	0
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member]
Rating:
Loans receivable	0	0
Doubtful [Member] | Commercial Portfolio Segment [Member]
Rating:
Loans receivable	565,000	584,000
Doubtful [Member] | Consumer Portfolio Segment [Member] | Other Loans [Member]
Rating:
Loans receivable	$ 0	$ 0

Note 5 - Benefit Plans (Details

Note 5 - Benefit Plans (Details Textual) - USD ($)	Mar. 29, 2017	Feb. 28, 2017	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			$ 0	$ 153,353
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value			566,840	401,385
Share Price	$ 20.48
Allocated Share-based Compensation Expense			92,461	86,857
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			$ 1,028,839
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			12,886
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 20.35
Restricted Stock [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		6,960
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value		$ 20.35
Restricted Stock or Unit Expense			$ 33,120	$ 30,691
Restricted Stock [Member] | Director [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		6,195
Share-based Compensation Arrangement by Share-based Payment Award Equity Instruments Other Than Options Cliff Vesting Period		1 year
Restricted Stock [Member] | Director [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		765
Share-based Compensation Arrangement by Share-based Payment Award Equity Instruments Other Than Options Cliff Vesting Period		3 years
Restricted Stock [Member] | Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			5,926	14,593
Share-based Compensation Arrangement by Share-based Payment Award Equity Instruments Other Than Options Cliff Vesting Period			3 years
Restricted Stock or Unit Expense			$ 57,687	$ 56,166
Restricted Stock Units (RSUs) [Member]
Restricted Stock or Unit Expense			$ 1,654
Restricted Stock Units (RSUs) [Member] | Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	55,823
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Incentive Award Level, Threshold, Percentage	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Incentive Award Level, Target, Percentage	50.00%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Maximum Incentive Award Level, Percentage	100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Incentive Award Level, Weight, Total Assets, Percentage	50.00%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Incentive Award Level, Weight, Return on Average Assets, Percentage	50.00%

Note 5 - Benefit Plans - Stock

Note 5 - Benefit Plans - Stock Option Activity (Details)	3 Months Ended
	Mar. 31, 2017$ / sharesshares
Balance outstanding (in dollars per share) | $ / shares	$ 20.15
Granted (in dollars per share) | $ / shares
Exercised (in dollars per share) | $ / shares
Forfeited (in dollars per share) | $ / shares	28.43
Balance outstanding (in dollars per share) | $ / shares	19.34
Options exercisable as of March 31, 2017 (in dollars per share) | $ / shares	$ 19.34
Incentive Stock Options [Member]
Balance outstanding (in shares)	60,000
Granted (in shares)
Exercised (in shares)
Forfeited (in shares)	(10,000)
Balance outstanding (in shares)	50,000
Options exercisable as of March 31, 2017 (in shares)	50,000
Non Incentive Stock Options [Member]
Balance outstanding (in shares)	52,500
Granted (in shares)
Exercised (in shares)
Forfeited (in shares)
Balance outstanding (in shares)	52,500
Options exercisable as of March 31, 2017 (in shares)	52,500

Note 5 - Employee Benefit Plans

Note 5 - Employee Benefit Plans - Restricted Stock (Details) - Restricted Stock [Member]	3 Months Ended
	Mar. 31, 2017$ / sharesshares
Balance of shares non-vested (in shares) | shares	60,955
Balance of shares non-vested (in dollars per share) | $ / shares	$ 13.62
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares	12,886
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 20.35
Vested (in shares) | shares	(27,291)
Vested (in dollars per share) | $ / shares	$ 12.25
Forfeited (in shares) | shares	0
Forfeited (in dollars per share) | $ / shares	$ 0
Balance of shares non-vested (in shares) | shares	46,550
Balance of shares non-vested (in dollars per share) | $ / shares	$ 16.29

Note 6 - Income Per Common Sh39

Note 6 - Income Per Common Share (Details Textual) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	58,500	83,500

Note 6 - Income Per Common Sh40

Note 6 - Income Per Common Share - Income Per Share (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Basic Income per Common Share	$ 1,429,241	$ 1,276,605
Basic Income per Common Share (in shares)	4,363,071	4,360,244
Basic Income per Common Share (in dollars per share)	$ 0.33	$ 0.29
Effect of Dilutive Securities (in shares)	56,952	50,035
Diluted Income per Common Share	$ 1,429,241	$ 1,276,605
Diluted Income per Common Share (in shares)	4,420,023	4,410,279
Diluted Income per Common Share (in dollars per share)	$ 0.32	$ 0.29

Note 8 - Disclosures About Fa41

Note 8 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Assets Measured on Recurring Basis (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Available-for-sale securities	$ 91,145,987	$ 92,399,235
Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	91,146,000	92,399,000
Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities	38,580,131	38,337,525
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	38,580,000	38,338,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
Corporate Debt Securities [Member]
Available-for-sale securities	7,106,963	7,053,522
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	7,107,000	7,053,000
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities	45,458,893	47,008,188
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	45,459,000	47,008,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities

Note 8 - Disclosures About Fa42

Note 8 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Assets Measured on Non-recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Impaired Loans [Member]
Assets measured at fair value on a nonrecurring basis	$ 7,985	$ 1,006
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value on a nonrecurring basis
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value on a nonrecurring basis
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on a nonrecurring basis	7,985	1,006
Foreclosed Assets Held For Sale [Member]
Assets measured at fair value on a nonrecurring basis		149
Foreclosed Assets Held For Sale [Member] | Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value on a nonrecurring basis
Foreclosed Assets Held For Sale [Member] | Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value on a nonrecurring basis
Foreclosed Assets Held For Sale [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on a nonrecurring basis		$ 149

Note 8 - Disclosures About Fa43

Note 8 - Disclosures About Fair Value of Assets and Liabilities - Fair Value Quantitative Information (Details) - Fair Value, Inputs, Level 3 [Member] - Market Approach Valuation Technique [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Impaired Loans [Member]
Assets, fair value	$ 7,985
Valuation technique	Market Comparable
Unobservable input	Discount to reflect realizable value
Impaired Loans [Member] | Minimum [Member]
Range	0.00%
Impaired Loans [Member] | Maximum [Member]
Range	66.00%
Impaired Loans [Member] | Weighted Average [Member]
Range	9.00%
Foreclosed Assets Held For Sale [Member]
Assets, fair value
Valuation technique	Market Comparable
Unobservable input	Discount to reflect realizable value
Range	0.00%

Note 8 - Disclosures About Fa44

Note 8 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Financial Instruments (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Financial assets:
Cash and cash equivalents	$ 8,502,231	$ 9,088,441	$ 17,621,871	$ 18,774,419
Held-to-maturity securities	24,193	27,528
Federal Home Loan Bank stock	4,509,500	4,611,000
Mortgage loans held for sale	2,240,267	2,183,633
Loans, net	585,249,149	538,273,640
Interest receivable	1,931,357	1,947,063
Financial liabilities:
Deposits	551,407,462	505,362,750
Subordinated debentures	15,465,000	15,465,000
Interest payable	192,124	207,833
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents	8,502,231	9,088,441
Cash and cash equivalents	8,502,231	9,088,441
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Held-to-maturity securities	24,193	27,528
Held-to-maturity securities	24,756	28,153
Federal Home Loan Bank stock	4,509,500	4,611,000
Federal Home Loan Bank stock	4,509,500	4,611,000
Mortgage loans held for sale	2,240,267	2,183,633
Mortgage loans held for sale	2,240,267	2,183,633
Interest receivable	1,931,357	1,947,063
Financial liabilities:
Deposits	551,407,462	505,362,750
Deposits	550,613,891	504,829,161
Federal Home Loan Bank advances	92,100,000	95,700,000
Federal Home Loan Bank advances	92,562,127	95,764,840
Interest payable	192,124	207,833
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Loans, net	585,249,149	538,273,640
Loans, net	584,322,342	537,645,692
Financial liabilities:
Subordinated debentures	15,465,000	15,465,000
Subordinated debentures	$ 15,465,000	$ 15,465,000