Guaranty Federal Bancshares (GFED) 10-Q 7 Aug 20 2020 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Jul. 31, 2020
Document Information [Line Items]
Entity Central Index Key	0001046203
Entity Registrant Name	Guaranty Federal Bancshares Inc
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	0-23325
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	43-1792717
Entity Address, Address Line One	2144 E Republic Rd, Suite F200
Entity Address, City or Town	Springfield
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	65804
City Area Code	833
Local Phone Number	875-2492
Title of 12(b) Security	Common Stock, Par Value $0.10 per share
Trading Symbol	GFED
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,367,510

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Cash and due from banks	$ 6,672,103	$ 5,114,067
Interest-bearing demand deposits in other financial institutions	106,952,951	87,557,842
Cash and cash equivalents	113,625,054	92,671,909
Interest-bearing time deposits at other financial institutions	7,700,000	250,000
Available-for-sale securities	147,022,874	118,245,314
Stock in Federal Home Loan Bank, at cost	3,852,100	3,757,500
Mortgage loans held for sale	9,403,564	2,786,564
Loans receivable, net of allowance for loan losses of June 30, 2020 - $8,787,917 and December 31, 2019 - $7,607,587, respectively	772,358,001	720,732,402
Accrued interest receivable	4,870,504	3,511,875
Prepaid expenses and other assets	8,412,597	8,862,954
Goodwill	1,434,982	1,434,982
Core deposit intangible	2,265,410	2,503,910
Foreclosed assets held for sale	770,584	991,885
Premises and equipment, net	18,500,038	19,164,496
Operating lease right-of-use asset	8,764,297	9,052,941
Bank owned life insurance	25,000,653	24,698,438
Deferred and receivable income taxes	4,479,951	3,359,455
Assets, Total	1,128,460,609	1,012,024,625
LIABILITIES
Deposits	930,956,161	821,406,532
Federal Home Loan Bank advances	66,000,000	65,000,000
Subordinated debentures	15,465,000	15,465,000
Note payable to bank	11,300,000	11,200,000
Advances from borrowers for taxes and insurance	506,767	268,200
Accrued expenses and other liabilities	8,907,292	4,153,762
Operating lease liabilities	8,836,193	9,105,503
Accrued interest payable	708,791	793,746
Liabilities, Total	1,042,680,204	927,392,743
COMMITMENTS AND CONTINGENCIES	0	0
STOCKHOLDERS' EQUITY
Common stock, $0.10 par value; authorized 10,000,000 shares; issued June 30, 2020 and December 31, 2019 - 6,919,503 shares	691,950	691,950
Additional paid-in capital	51,188,585	51,908,867
Retained earnings, substantially restricted	75,539,116	72,860,750
Accumulated other comprehensive loss	(1,570,458)	(431,035)
Stockholders' Equity before Treasury Stock	125,849,193	125,030,532
Treasury stock, at cost; June 30, 2020 and December 31, 2019 - 2,552,993 and 2,582,041 shares, respectively	(40,068,788)	(40,398,650)
Stockholders' Equity Attributable to Parent, Ending Balance	85,780,405	84,631,882
Liabilities and Equity, Total	$ 1,128,460,609	$ 1,012,024,625

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Loans receivable, allowance for loan losses	$ 8,787,917	$ 7,607,587
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)	6,919,503	6,919,503
Treasury stock, shares (in shares)	2,552,993	2,582,041

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest Income
Loans	$ 9,094,159	$ 10,394,929	$ 18,647,540	$ 20,698,114
Investment securities	923,189	680,970	1,807,617	1,278,504
Other	141,710	223,608	502,758	419,325
Interest and Dividend Income, Operating, Total	10,159,058	11,299,507	20,957,915	22,395,943
Interest Expense
Deposits	1,541,976	2,799,220	4,036,278	5,405,440
FHLB advances	283,830	288,710	557,426	645,286
Subordinated debentures	195,394	296,771	391,166	588,123
Other	115,209	64,451	238,064	132,021
Interest Expense, Total	2,136,409	3,449,152	5,222,934	6,770,870
Net Interest Income	8,022,649	7,850,355	15,734,981	15,625,073
Provision for loan losses	750,000	100,000	1,250,000	100,000
Net Interest Income After Provision for Loan Losses	7,272,649	7,750,355	14,484,981	15,525,073
Noninterest Income
Service charges	313,423	418,938	722,627	820,770
Net gain on sale of investment securities	135,293	78,911	163,192	48,263
Gain on sale of mortgage loans held for sale	883,223	561,932	1,426,634	987,930
Gain on sale of Small Business Administration loans	0	247,457	0	497,576
Commercial loan referral income	380,996	0	936,486	0
Net gain (loss) on foreclosed assets	(73,778)	39,923	(80,704)	20,866
Other income	673,561	586,177	1,243,615	1,122,268
Noninterest Income, Total	2,312,718	1,933,338	4,411,850	3,497,673
Noninterest Expense
Salaries and employee benefits	4,138,779	3,952,870	8,088,393	7,912,190
Occupancy	1,164,853	1,106,812	2,315,942	2,240,175
FDIC deposit insurance premiums	85,000	118,093	85,000	217,628
Data processing	576,722	420,197	1,174,336	809,141
Advertising	122,250	150,000	244,500	300,000
Amortization of core deposit intangible	119,250	119,250	238,500	238,500
Other expense	1,046,477	959,261	1,905,289	1,952,408
Noninterest Expense, Total	7,253,331	6,826,483	14,051,960	13,670,042
Income Before Income Taxes	2,332,036	2,857,210	4,844,871	5,352,704
Provision for Income Taxes	448,653	428,711	856,643	803,841
Net Income Available to Common Shareholders	$ 1,883,383	$ 2,428,499	$ 3,988,228	$ 4,548,863
Basic Income Per Common Share (in dollars per share)	$ 0.43	$ 0.55	$ 0.92	$ 1.02
Diluted Income Per Common Share (in dollars per share)	$ 0.43	$ 0.54	$ 0.92	$ 1.01

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net income	$ 1,883,383	$ 2,428,499	$ 3,988,228	$ 4,548,863
OTHER ITEMS OF COMPREHENSIVE INCOME:
Change in unrealized gain on investment securities available-for-sale, before income taxes	1,652,778	1,147,130	2,670,332	2,720,097
Change in unrealized loss on interest rate swaps, before income taxes	(403,272)	(1,750,356)	(4,005,915)	(2,842,843)
Less: Reclassification adjustment for realized gains on investment securities included in net income, before income taxes	(135,293)	(78,911)	(163,192)	(48,263)
Total other items of comprehensive income (loss)	1,114,213	(682,137)	(1,498,775)	(171,009)
Income tax expense (benefit) related to other items of comprehensive income	267,777	(77,877)	(359,352)	52,460
Other comprehensive income (loss)	846,436	(604,260)	(1,139,423)	(223,469)
TOTAL COMPREHENSIVE INCOME	$ 2,729,819	$ 1,824,239	$ 2,848,805	$ 4,325,394

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 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, 2018	$ 690,200	$ 51,382,585	$ (36,971,124)	$ 65,829,687	$ (452,756)	$ 80,478,592
Net income	0	0	0	2,120,364	0	2,120,364
Other comprehensive income (loss)	0	0	0	0	380,791	380,791
Dividends on common stock	0	0	0	(582,817)	0	(582,817)
Stock award plans	0	(53,689)	222,789	0	0	169,100
Net income	0	0	0	2,120,364	0	2,120,364
Stock award plans	0	(53,689)	222,789	0	0	169,100
Stock options exercised	1,000	50,900	0	0	0	51,900
Balance at Mar. 31, 2019	691,200	51,379,796	(36,748,335)	67,367,234	(71,965)	82,617,930
Balance at Dec. 31, 2018	690,200	51,382,585	(36,971,124)	65,829,687	(452,756)	80,478,592
Net income						4,548,863
Other comprehensive income (loss)						(223,469)
Net income						4,548,863
Balance at Jun. 30, 2019	691,200	51,575,395	(37,066,810)	69,214,712	(676,225)	83,738,272
Balance at Mar. 31, 2019	691,200	51,379,796	(36,748,335)	67,367,234	(71,965)	82,617,930
Net income	0	0	0	2,428,499	0	2,428,499
Other comprehensive income (loss)	0	0	0	0	(604,260)	(604,260)
Dividends on common stock	0	0	0	(581,021)	0	(581,021)
Treasury stock purchased	0	0	(312,892)	0	0	(312,892)
Stock award plans	0	195,599	(5,583)	0	0	190,016
Net income	0	0	0	2,428,499	0	2,428,499
Stock award plans	0	195,599	(5,583)	0	0	190,016
Stock options exercised	0	0	0	0	0	0
Treasury stock purchased	0	0	(312,892)	0	0	(312,892)
Balance at Jun. 30, 2019	691,200	51,575,395	(37,066,810)	69,214,712	(676,225)	83,738,272
Net income	0	0	0	2,550,542	0	2,550,542
Other comprehensive income (loss)	0	0	0	0	(24,711)	(24,711)
Dividends on common stock	0	0	0	(569,784)	0	(569,784)
Treasury stock purchased	0	0	(2,151,696)	0	0	(2,151,696)
Stock award plans	0	187,157	(24,950)	0	0	162,207
Net income	0	0	0	2,550,542	0	2,550,542
Stock award plans	0	187,157	(24,950)	0	0	162,207
Stock options exercised	400	19,920	0	0	0	20,320
Treasury stock purchased	0	0	(2,151,696)	0	0	(2,151,696)
Balance at Sep. 30, 2019	691,600	51,782,472	(39,243,456)	71,195,470	(700,936)	83,725,150
Net income	0	0	0	2,315,685	0	2,315,685
Other comprehensive income (loss)	0	0	0	0	269,901	269,901
Dividends on common stock	0	0	0	(650,405)	0	(650,405)
Treasury stock purchased	0	0	(1,140,291)	0	0	(1,140,291)
Stock award plans	0	108,965	(14,903)	0	0	94,062
Net income	0	0	0	2,315,685	0	2,315,685
Stock award plans	0	108,965	(14,903)	0	0	94,062
Stock options exercised	350	17,430	0	0	0	17,780
Treasury stock purchased	0	0	(1,140,291)	0	0	(1,140,291)
Balance at Dec. 31, 2019	691,950	51,908,867	(40,398,650)	72,860,750	(431,035)	84,631,882
Net income	0	0	0	2,104,845	0	2,104,845
Other comprehensive income (loss)	0	0	0	0	(1,985,859)	(1,985,859)
Dividends on common stock	0	0	0	(654,735)	0	(654,735)
Treasury stock purchased	0	0	(390,268)	0	0	(390,268)
Stock award plans	0	(636,438)	693,787	0	0	57,349
Net income	0	0	0	2,104,845	0	2,104,845
Stock award plans	0	(636,438)	693,787	0	0	57,349
Treasury stock purchased	0	0	(390,268)	0	0	(390,268)
Balance at Mar. 31, 2020	691,950	51,272,429	(40,095,131)	74,310,860	(2,416,894)	83,763,214
Balance at Dec. 31, 2019	691,950	51,908,867	(40,398,650)	72,860,750	(431,035)	84,631,882
Net income						3,988,228
Other comprehensive income (loss)						(1,139,423)
Net income						3,988,228
Balance at Jun. 30, 2020	691,950	51,188,585	(40,068,788)	75,539,116	(1,570,458)	85,780,405
Balance at Mar. 31, 2020	691,950	51,272,429	(40,095,131)	74,310,860	(2,416,894)	83,763,214
Net income	0	0	0	1,883,383	0	1,883,383
Other comprehensive income (loss)	0	0	0	0	846,436	846,436
Dividends on common stock	0	0	0	(655,127)	0	(655,127)
Stock award plans	0	(83,844)	26,343	0	0	(57,501)
Net income	0	0	0	1,883,383	0	1,883,383
Stock award plans	0	(83,844)	26,343	0	0	(57,501)
Balance at Jun. 30, 2020	$ 691,950	$ 51,188,585	$ (40,068,788)	$ 75,539,116	$ (1,570,458)	$ 85,780,405

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
Retained Earnings [Member]
Dividends on common stock, per share (in dollars per share)		$ 0.15				$ 0.13
Dividends on common stock, per share (in dollars per share)	$ 0.15		$ 0.15	$ 0.13	$ 0.13

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 3,988,228	$ 4,548,863
Items not requiring (providing) cash:
Deferred income taxes	(827,080)	135,813
Depreciation and amortization	1,014,343	979,832
Provision for loan losses	1,250,000	100,000
Gain on sale of Small Business Administration loans	0	(497,576)
Gain on sale of mortgage loans held for sale and investment securities	(1,589,826)	(1,036,193)
Loss (gain) on sale of foreclosed assets	60,055	(58,696)
Gain on sale of premises, equipment and other assets	0	(6,069)
Amortization of deferred income, premiums and discounts, net	1,956,425	165,996
Amortization of intangible assets	238,500	238,500
Stock award plans activity	(152)	359,116
Accretion of purchase accounting adjustments	(378,931)	(900,064)
Origination of loans held for sale	(58,851,034)	(36,450,979)
Proceeds from sale of loans held for sale	53,660,668	37,041,339
Increase in cash surrender value of bank owned life insurance	(302,215)	(224,549)
Changes in:
Accrued interest receivable	(1,358,629)	(138,032)
Prepaid expenses and other assets	1,602,652	(3,080,377)
Accounts payable and accrued expenses	(428,207)	942,608
Net cash provided by operating activities	34,797	2,119,532
CASH FLOWS FROM INVESTING ACTIVITIES
Net change in loans	(53,935,576)	27,641,710
Principal payments on available-for-sale and held-to-maturity securities	10,387,119	2,905,397
Proceeds from maturities of available-for-sale securities	2,852,256	0
Purchase of premises and equipment	(330,551)	(584,168)
Purchase of available-for-sale securities	(65,436,639)	(38,383,889)
Proceeds from sale of available-for-sale securities	18,437,885	29,255,408
Redemption (purchase) of FHLB stock	(94,600)	2,229,700
Purchase of tax credit investments	0	(3,168,435)
Proceeds from sale of foreclosed assets held for sale	0	487,244
Capitalized cost on foreclosed assets held for sale	(154,120)	0
Net cash provided by (used in) investing activities	(88,274,226)	20,382,967
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in demand deposits, NOW accounts and savings accounts	125,165,045	52,638,121
Net increase (decrease) in certificates of deposit	(15,615,416)	251,733
Proceeds from FHLB advances	26,000,000	74,565,000
Repayments of FHLB advances	(25,000,000)	(129,865,000)
Proceeds from issuance of notes payable	1,100,000	0
Repayments of notes payable	(1,000,000)	0
Advances from borrowers for taxes and insurance	238,567	235,859
Stock options exercised	0	51,900
Cash dividends paid	(1,305,354)	(1,163,091)
Treasury stock purchased	(390,268)	(312,892)
Net cash provided by (used in) financing activities	109,192,574	(3,598,370)
INCREASE IN CASH AND CASH EQUIVALENTS	20,953,145	18,904,129
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	92,671,909	34,121,642
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 113,625,054	$ 53,025,771

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2020
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 X. not 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, 2019 ( “2019 not December 31, 2019,

Note 2 - Principles of Consolid

Note 2 - Principles of Consolidation	6 Months Ended
	Jun. 30, 2020
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 - Acquisition

Note 3 - Acquisition	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 3: On April 2, 2018, June 8, 2018. not

Note 4 - Securities

Note 4 - Securities	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 4: 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 June 30, 2020 Debt Securities: U. S. government agencies $ 8,532,000 $ 17,924 $ (6,603 ) $ 8,543,321 Municipals 49,127,773 2,241,588 (90,355 ) 51,279,006 Corporates 27,055,325 374,680 (159,072 ) 27,270,933 Mortgage-backed securities - private label 10,838,275 123,752 (165,184 ) 10,796,843 Government sponsored asset-backed securities and SBA loan pools 47,869,033 1,357,901 (94,163 ) 49,132,771 $ 143,422,406 $ 4,115,845 $ (515,377 ) $ 147,022,874 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of December 31, 2019 Debt Securities: U. S. government agencies $ 2,499,755 $ - $ (11,962 ) $ 2,487,793 Municipals 35,625,038 675,382 (125,693 ) 36,174,727 Corporates 15,395,190 154,942 (14,945 ) 15,535,187 Mortgage-backed securities - private label 13,788,728 52,035 (29,392 ) 13,811,371 Government sponsored mortgage-backed securities and SBA loan pools 49,844,049 585,641 (193,454 ) 50,236,236 $ 117,152,760 $ 1,468,000 $ (375,446 ) $ 118,245,314 Maturities of available-for-sale debt securities as of June 30, 2020: Amortized Cost Approximate Fair Value 1-5 years $ 150,000 $ 150,324 6-10 years 36,006,625 36,533,558 After 10 years 48,558,473 50,409,378 Mortgage-backed securities - private label not due on a single maturity date 10,838,275 10,796,843 Government sponsored asset-backed securities and SBA loan pools not due on a single maturity date 47,869,033 49,132,771 $ 143,422,406 $ 147,022,874 The book value of securities pledged as collateral, to secure public deposits and for other purposes, amounted to $3,155,750 and $5,261,664 as of June 30, 2020 December 31, 2019, June 30, 2020 December 31, 2019, Realized gains and losses are recorded as net securities gains. Gains and losses on sales of securities are determined on the specific identification method. Gross gains of $221,937 and $172,327 and gross losses of $58,745 and $124,064 for the six June 30, 2020 June 30, 2019, six June 30, 2020 June 30, 2019, 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. 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 Certain other investments in debt securities are reported in the financial statements at an amount less than their historical cost. Total fair value of these investments at June 30, 2020 December 31, 2019, 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 June 30, 2020 December 31, 2019. As of June 30, 2020 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ 4,743,398 $ (6,603 ) $ - $ - 4,743,398 $ (6,603 ) Municipals 4,870,205 (90,355 ) - - Corporates 10,351,648 (159,072 ) - - 10,351,648 (159,072 ) Mortgage-backed securities - private label 5,234,232 (165,184 ) - - 5,234,232 (165,184 ) Government sponsored asset-backed securities and SBA loan pools 6,439,929 (94,163 ) - - 6,439,929 (94,163 ) $ 31,639,412 $ (515,377 ) $ - $ - $ 31,639,412 $ (515,377 ) As of December 31, 2019 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ 2,487,795 $ (11,962 ) $ - $ - 2,487,795 $ (11,962 ) Municipals 7,083,208 (125,693 ) - - 7,083,208 (125,693 ) Corporates 2,452,005 (14,945 ) - - 2,452,005 (14,945 ) Mortgage-backed securities - private label 9,416,669 (29,392 ) - - 9,416,669 (29,392 ) Government sponsored asset-backed securities and SBA loan pools 18,112,148 (125,906 ) 3,018,538 (67,548 ) 21,130,686 (193,454 ) $ 39,551,825 $ (307,898 ) $ 3,018,538 $ (67,548 ) $ 42,570,363 $ (375,446 )

Note 5 - Loans and Allowance fo

Note 5 - Loans and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5: Categories of loans at June 30, 2020 December 31, 2019 June 30, December 31, 2020 2019 Real estate - residential mortgage: One to four family units $ 127,187,806 $ 118,823,731 Multi-family 85,824,232 87,448,418 Real estate - construction 66,354,401 77,308,551 Real estate - commercial 306,700,011 300,619,387 Commercial loans 168,378,978 114,047,753 Consumer and other loans 29,028,801 30,666,185 Total loans 783,474,229 728,914,025 Less: Allowance for loan losses (8,787,917 ) (7,607,587 ) Deferred loan fees/costs, net (2,328,311 ) (574,036 ) Net loans $ 772,358,001 $ 720,732,402 Classes of loans by aging at June 30, 2020 December 31, 2019 As of June 30, 2020 30-59 Days 60-89 Days 90 Days and more Past Due Total Past Current Total Loans Total Loans > (In Thousands) Real estate - residential mortgage: One to four family units $ 1,185 $ 467 $ 549 $ 2,201 $ 124,987 $ 127,188 $ - Multi-family - - - - 85,824 85,824 - Real estate - construction 5,355 - - 5,355 60,999 66,354 - Real estate - commercial 162 - - 162 306,538 306,700 - Commercial loans 685 3,553 - 4,238 164,141 168,379 - Consumer and other loans 101 1 47 149 28,880 29,029 - Total $ 7,488 $ 4,021 $ 596 $ 12,105 $ 771,369 $ 783,474 $ - As of December 31, 2019 30-59 Days 60-89 Days 90 Days and more Past Due Total Past Current Total Loans Total Loans > (In Thousands) Real estate - residential mortgage: One to four family units $ 83 $ 437 $ 125 $ 645 $ 118,179 $ 118,824 $ - Multi-family - - - - 87,448 87,448 - Real estate - construction 338 - - 338 76,971 77,309 - Real estate - commercial - - 43 43 300,576 300,619 - Commercial loans 134 105 17 256 113,792 114,048 - Consumer and other loans 48 26 - 74 30,592 30,666 - Total $ 603 $ 568 $ 185 $ 1,356 $ 727,558 $ 728,914 $ - Nonaccruing loans are summarized as follows: June 30, December 31, 2020 2019 Real estate - residential mortgage: One to four family units $ 2,443,808 $ 2,398,379 Multi-family - - Real estate - construction 4,442,818 3,738,410 Real estate - commercial 3,308,357 2,941,143 Commercial loans 867,255 855,761 Consumer and other loans 176,979 69,784 Total $ 11,239,217 $ 10,003,477 The following tables present the activity in the allowance for loan losses based on portfolio segment for the three six June 30, 2020 2019: Three months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 1,629 $ 2,577 $ 1,154 $ 755 $ 1,349 $ 449 $ 136 $ 8,049 Provision charged to expense (60 ) 421 385 39 (71 ) 49 (13 ) $ 750 Losses charged off - - - - - (51 ) - $ (51 ) Recoveries - - - - 21 19 - $ 40 Balance, end of period $ 1,569 $ 2,998 $ 1,539 $ 794 $ 1,299 $ 466 $ 123 $ 8,788 Six months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 1,749 $ 2,267 $ 1,001 $ 746 $ 1,129 $ 443 $ 273 $ 7,608 Provision charged to expense (180 ) 725 537 48 167 103 (150 ) $ 1,250 Losses charged off - - - - (32 ) (113 ) - $ (145 ) Recoveries - 6 1 - 35 33 - $ 75 Balance, end of period $ 1,569 $ 2,998 $ 1,539 $ 794 $ 1,299 $ 466 $ 123 $ 8,788 Three months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 1,936 $ 2,137 $ 1,386 $ 694 $ 974 $ 368 $ 352 $ 7,847 Provision charged to expense 212 31 (168 ) (21 ) 262 76 (292 ) $ 100 Losses charged off - - (271 ) - (41 ) (61 ) - $ (373 ) Recoveries 21 20 1 - 41 14 - $ 97 Balance, end of period $ 2,169 $ 2,188 $ 948 $ 673 $ 1,236 $ 397 $ 60 $ 7,671 Six months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 2,306 $ 2,093 $ 1,297 $ 641 $ 1,160 $ 373 $ 126 $ 7,996 Provision charged to expense (278 ) 75 (81 ) 32 301 117 (66 ) $ 100 Losses charged off - - (271 ) - (275 ) (115 ) - $ (661 ) Recoveries 141 20 3 - 50 22 - $ 236 Balance, end of period $ 2,169 $ 2,188 $ 948 $ 673 $ 1,236 $ 397 $ 60 $ 7,671 The following tables present the recorded investment in loans based on portfolio segment and impairment method as of June 30, 2020 December 31, 2019: June 30, 2020 Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 631 $ 96 $ 257 $ - $ 319 $ 16 $ - $ 1,319 Ending balance: collectively evaluated for impairment $ 938 $ 2,902 $ 1,282 $ 794 $ 978 $ 450 $ 123 $ 7,467 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ 2 $ - $ - $ 2 Loans: Ending balance: individually evaluated for impairment $ 4,443 $ 1,026 $ 2,444 $ - $ 710 $ 268 $ - $ 8,891 Ending balance: collectively evaluated for impairment $ 61,911 $ 303,250 $ 124,744 $ 85,824 $ 167,358 $ 28,761 $ - $ 771,848 Ending balance: loans acquired with deteriorated credit quality $ - $ 2,424 $ - $ - $ 311 $ - $ - $ 2,735 As of December 31, 2019 Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 553 $ 24 $ 197 $ - $ 299 $ 21 $ - $ 1,094 Ending balance: collectively evaluated for impairment $ 1,196 $ 2,243 $ 804 $ 746 $ 830 $ 422 $ 273 $ 6,514 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - Loans: Ending balance: individually evaluated for impairment $ 4,742 $ 650 $ 2,613 $ - $ 908 $ 220 $ - $ 9,133 Ending balance: collectively evaluated for impairment $ 72,567 $ 297,318 $ 116,211 $ 87,448 $ 112,956 $ 30,446 $ - $ 716,946 Ending balance: loans acquired with deteriorated credit quality $ - $ 2,651 $ - $ - $ 184 $ - $ - $ 2,835 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 not Included in the Company’s loan portfolio are certain loans acquired in accordance with ASC 310 30, 310 30 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 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 June 30, 2020 December 31, 2019: June 30, 2020 December 31, 2019 Recorded Unpaid Specific Unpaid Specific (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,143 $ 1,143 $ - $ 1,392 $ 1,392 $ - Multi-family - - - - - - Real estate - construction - - - - - - Real estate - commercial 3,358 3,358 - 3,199 3,199 - Commercial loans - - - 33 33 - Consumer and other loans 111 111 - 70 70 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,301 $ 1,301 $ 257 $ 1,221 $ 1,221 $ 197 Multi-family - - - - - - Real estate - construction 4,443 5,676 630 4,742 5,975 553 Real estate - commercial 249 249 96 162 162 24 Commercial loans 864 864 322 999 999 301 Consumer and other loans 157 157 16 150 150 21 Total Real estate - residential mortgage: One to four family units $ 2,444 $ 2,444 $ 257 $ 2,613 $ 2,613 $ 197 Multi-family - - - - - - Real estate - construction 4,443 5,676 630 4,742 5,975 553 Real estate - commercial 3,607 3,607 96 3,361 3,361 24 Commercial loans 864 864 322 1,032 1,032 301 Consumer and other loans 268 268 16 220 220 21 Total $ 11,626 $ 12,859 $ 1,321 11,968 $ 13,201 $ 1,096 The following table summarizes average impaired loans and related interest recognized on impaired loans for the six June 30, 2020 2019: For the Six Months Ended For the Six Months Ended June 30, 2020 June 30, 2019 Average Interest Average Interest (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,106 $ - $ 1,111 $ 1 Multi-family - - 5,934 - Real estate - construction - - - - Real estate - commercial 3,006 - 3,440 4 Commercial loans 9 - 223 - Consumer and other loans 105 7 229 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,224 $ - $ 2,352 $ - Multi-family - - - - Real estate - construction 4,188 - 3,876 - Real estate - commercial 236 - 717 - Commercial loans 916 - 659 - Consumer and other loans 156 - 106 - Total Real estate - residential mortgage: One to four family units $ 2,330 $ - $ 3,463 $ 1 Multi-family - - 5,934 - Real estate - construction 4,188 - 3,876 - Real estate - commercial 3,242 - 4,157 4 Commercial loans 925 - 882 - Consumer and other loans 261 7 335 - Total $ 10,946 $ 7 $ 18,647 $ 5 At June 30, 2020, In assessing whether or not not The Bank considers all aspects of the modification to loan terms to determine whether or not one The following table presents the carrying balance of TDRs as of June 30, 2020 December 31, 2019: June 30, 2020 December 31, 2019 Real estate - residential mortgage: One to four family units $ 1,161,988 $ 1,163,782 Multi-family - - Real estate - construction 4,442,818 3,738,409 Real estate - commercial 896,454 161,491 Commercial loans 710,395 572,683 Total 7,211,655 $ 5,636,365 The Bank has allocated $1,127,146 and $927,216 of specific reserves to customers whose loan terms have been modified as a TDR as of June 30, 2020 December 31, 2019, There were no twelve three June 30, 2020 2019. 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-Multi-Family: Loans secured by multi-family residential real estate generally involve a greater degree of credit risk than one four may may 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 as loans secured by real estate. Credit risk in these loans 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 June 30, 2020 December 31, 2019: June 30, 2020 Construction Commercial One to four family Multi-family Commercial Consumer Total (In Thousands) Rating: Pass $ 61,834 $ 295,826 $ 122,677 $ 85,824 $ 154,901 $ 28,761 $ 749,823 Special Mention - 625 1,035 - 8,541 - 10,201 Substandard 4,520 10,249 3,476 - 4,937 268 23,450 Doubtful - - - - - - - Total $ 66,354 $ 306,700 $ 127,188 $ 85,824 $ 168,379 $ 29,029 $ 783,474 December 31, 2019 Construction Commercial One to four family Multi-family Commercial Consumer Total (In Thousands) Rating: Pass $ 73,489 $ 292,674 $ 115,622 $ 87,448 $ 100,658 $ 29,666 $ 699,557 Special Mention - 1,476 535 - 8,793 - 10,804 Substandard 3,820 6,469 2,667 - 4,597 1,000 18,553 Doubtful - - - - - - - Total $ 77,309 $ 300,619 $ 118,824 $ 87,448 $ 114,048 $ 30,666 $ 728,914 The above amounts include purchased credit impaired loans. At June 30, 2020, 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 Commercial Loan Referral Income: In certain circumstances, the Company enters into variable-rate loan agreements (Assumable Rate Conversion “ARC” Master Servicing Agreements) with commercial loan customers, and the customer simultaneously enters into an interest swap agreement directly with a third six June 30, 2020 2019,

Note 6 - Accounting for Certain

Note 6 - Accounting for Certain Loans Acquired	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Accounting for Certain Loans and Debt Securities Acquired in Transfer Disclosure [Text Block]	Note 6: As part of the Hometown acquisition in 2018, not Loans purchased with evidence of credit deterioration since origination and for which it is probable that all contractually required payments will not may 310 30 not The carrying amount of purchased credit impaired loans are included in the balance sheet amounts of loans receivable at June 30, 2020 December 31, 2019. June 30, December 31, 2020 2019 (In Thousands) (In Thousands) Real estate - commercial $ 2,919 $ 3,069 Commercial loans 198 242 Outstanding balance $ 3,117 3,311 Carrying amount, net of fair value adjustment of $382 $476 $ 2,735 2,835 Changes in the carrying amount of the accretable yield for all purchased credit impaired loans were as follows for the three six June 30, 2020 2019: Three months ended Six months ended June 30, 2020 June 30, 2020 (In Thousands) (In Thousands) Balance at beginning of period $ (116 ) $ (69 ) Additions - - Accretion (49 ) (98 ) Reclassification from nonaccretable difference 165 167 Disposals - - Balance at end of period $ 0 0 Three months ended Six months ended June 30, 2019 June 30, 2019 (In Thousands) (In Thousands) Balance at beginning of period $ 230 $ 265 Additions - - Accretion (47 ) (82 ) Reclassification from nonaccretable difference - - Disposals - - Balance at end of period $ 183 183 The Company’s allowance for loan losses related to purchased credit impaired loans was $2,294 as of June 30, 2020 December 31, 2019.

Note 7 - Intangible Assets

Note 7 - Intangible Assets	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7: The Company recorded $1.4 million of goodwill as a result of its 2018 not three June 30, 2020. not Also as part of the Hometown acquisition, core deposit premiums of $3.5 million were recorded. Core deposit premiums are amortized over a seven The Company’s goodwill and other intangibles (carrying basis and accumulated amortization) at June 30, 2020 December 31, 2019 June 30, December 31, 2020 2019 (in Thousands) (in Thousands) Goodwill $ 1,435 $ 1,435 Core deposit intangible Gross carrying amount 3,520 3,520 Accumulated amortization (1,255 ) (1,016 ) Core deposit intangible, net 2,265 2,504 Remaining balance $ 3,700 $ 3,939 The Company’s estimated remaining amortization expense on intangibles as of June 30, 2020 Amortization Expense (in Thousands) Remainder of: 2020 $ 238 2021 477 2022 477 2023 477 2024 477 Therafter 119 Total $ 2,265

Note 8 - Leases

Note 8 - Leases	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Lessee, Leases [Text Block]	Note 8: During the first 2019, 2016 02, June 30, 2020, December 31, 2019, June 30, 2020, December 31, 2019. one twenty not not not not Expenses for finance leases are included in other interest expense and occupancy expense line items, whereas, operating leases are expensed entirely in the occupancy expense line item. Leases with a term of less than twelve not The components of lease expense and their impact on the statement of income for the three six June 30, 2020 2019 Six months ended Three months ended June 30, June 30, June 30, June 30, 2020 2019 2020 2019 (In Thousands) (In Thousands) Finance lease cost: Amortization of right-of-use assets $ 62,109 $ 54,858 $ 31,132 $ 27,213 Interest on lease liabilities 4,039 3,872 1,943 2,152 Operating lease cost 544,443 540,082 272,108 270,040 Sublease income (24,600 ) (22,600 ) (12,300 ) (12,300 ) Total lease costs $ 585,991 $ 576,212 $ 292,883 $ 287,105 Additional lease information: Weighted-average remaining lease term - financing leases (in years) 3.0 Weighted-average remaining lease term - operating leases (in years) 14.7 Weighted-average discount rate - financing leases 1.95 % Weighted-average discount rate - operating leases 5.64 % The following table sets forth, as of June 30, 2020, Financing Operating Total (In Thousands) Remainder of: 2020 $ 66 $ 522 $ 588 2021 132 1,020 1,152 2022 126 1,011 1,137 2023 53 1,002 1,055 2024 10 856 866 Thereafter - 8,979 8,979 Total undiscounted future minimum lease cash payments $ 387 $ 13,390 $ 13,777 Present value discount (11 ) (4,554 ) (4,565 ) Lease liability $ 376 $ 8,836 $ 9,212

Note 9 - Benefit Plans

Note 9 - Benefit Plans	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 9: The Company has stock-based employee compensation plans, which are described in the Company’s 2019 six June 30, 2020: Stock Options All remaining stock options from prior year issuances were exercised in 2019 June 30, 2020. six June 30, 2020 2019 June 30, 2020 2019, Restricted Stock Number of Shares Weighted Average Grant- Date Fair Value Balance of shares non-vested as of January 1, 2020 24,378 $ 22.75 Granted 17,713 21.84 Vested (11,464 ) 22.13 Forfeited (1,732 ) 23.04 Balance of shares non-vested as of June 30, 2020 28,895 $ 22.42 In February 2020, 2015 one six June 30, 2020 2019 For the six June 30, 2020 2019, three six June 30, 2020 2019 Restricted Stock Units Performance Stock Units Weighted Average Grant- Date Fair Value Balance of shares non-vested as of January 1, 2020 - $ - Granted 43,700 15.62 Vested - - Forfeited - - Balance of shares non-vested as of June 30, 2020 43,700 $ 15.62 On March 19, 2020, three two March 19, 2020 December 31, 2022 ( two six June 30, 2020 2019 2020 2019 Total stock-based compensation expense recognized for the six June 30, 2020 2019 June 30, 2020,

Note 10 - Income Per Common Sha

Note 10 - Income Per Common Share	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 10: For three months ended June 30, 2020 For six months ended June 30, 2020 Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Basic Income Per Common Share $ 1,883,383 4,337,274 $ 0.43 $ 3,988,228 4,323,358 $ 0.92 Effect of Dilutive Securities 3,477 20,552 Diluted Income Per Common Share $ 1,883,383 4,340,751 $ 0.43 $ 3,988,228 4,343,910 $ 0.92 For three months ended June 30, 2019 For six months ended June 30, 2020 Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Basic Income Per Common Share $ 2,428,499 4,452,798 $ 0.55 $ 4,548,863 4,445,750 $ 1.02 Effect of Dilutive Securities 51,166 55,631 Diluted Income Per Common Share $ 2,428,499 4,503,964 $ 0.54 $ 4,548,863 4,501,381 $ 1.01

Note 11 - New Accounting Pronou

Note 11 - New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	Note 11: In June 2016, 2016 13, 326 326, November 2018 ( 2018 19 November 2019 ( 2019 10 2019 11 January 2020 2020 02 December 15, 2019. December 15, 2022. December 15, 2019. 2016 13. third In January 2017, No. 2017 04, 2 not second 2020 no In August 2017, 2017 12, 815 October 2018 ( 2018 16 November 2019 ( 2019 10 January 2020 ( 2020 01 December 15, 2018, not In August 2018, 2018 13, 820 1 2, 3 1 3 2 3 December 15, 2019, January 1, 2020 first 2020 no

Note 12 - Derivative Financial

Note 12 - Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 12: The Company records all derivative financial instruments at fair value in the financial statements. Derivatives are used as a risk management tool to hedge the exposure to changes in interest rates or other identified market risks. When a derivative is intended to be a qualifying hedged instrument, the Company prepares written hedge documentation that designates the derivative as 1 2 In June 2017, three February 2025. June 30, 2020, In March 2019, three February 2026. June 30, 2020, The Company documents, both at inception and periodically over the life of the hedges, its analysis of actual and expected hedge effectiveness. As of June 30, 2020, December 31, 2019, The following table presents the notional amounts and fair values of derivatives designated as hedging instruments on the consolidated balance sheets at June 30, 2020 December 31, 2019: Derivatives designated as hedging instruments: June 30, 2020 Estimated Fair Value at: Forward Start Inception Date Termination Date Derivative Type Notional Amount Rate Paid Rate Hedged Balance Sheet Classfication June 30, 2020 December 31, 2019 2/28/2018 2/28/2025 Interest rate swap - FHLB Advances $ 50,000,000 2.12 % 3 month LIBOR Floating Other liabilites $ (4,294,478 ) $ (1,067,935 ) 5/23/2019 2/23/2026 Interest rate swap - Subordinated Debentures $ 10,310,000 4.09 % 3 month LIBOR Floating +145 bps Other liabilites $ (1,339,760 ) $ (560,388 ) The following table presents amounts included in the consolidated statements of income for derivatives designated as hedging instruments for the periods indicated: Derivative Income Statement Three months ended June 30, Six months ended June 30, Type Classfication 2020 2019 2020 2019 Interest rate swap - FHLB Advances Interest expense $ 122,537 $ (59,205 ) $ 162,378 $ (129,093 ) Interest rate swap - Subordinated Debentures Interest expense $ 38,590 $ 1,301 $ 60,031 $ 1,301

Note 13 - Disclosures About Fai

Note 13 - Disclosures About Fair Value of Assets and Liabilities	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 13: ASC Topic 820, Fair Value Measurements 820 three may Level 1 Level 2 1 not Level 3 no 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 not may one two 2 2 3 Derivative financial instruments (Cash flow hedge) : 2 third 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 June 30, 2020 December 31, 2019 ( June 30, 2020 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Government agencies $ - $ 8,543 $ - $ 8,543 Municipals - 51,279 - 51,279 Corporates - 27,271 - 27,271 Mortgage-backed securities - private label - 10,797 - 10,797 Goverment sponsored asset-backed securities and SBA loan pools - 49,133 - 49,133 Available-for-sale securities $ - $ 147,023 $ - $ 147,023 Financial liabilities: Interest rate swaps $ - $ 5,634 $ - $ 5,634 December 31, 2019 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Government agencies $ - $ 2,488 $ - $ 2,488 Municipals - 36,175 - 36,175 Corporates - 15,535 - 15,535 Mortgage-backed securities - private label - 13,811 13,811 Goverment sponsored asset-backed securities and SBA loan pools - 50,236 - 50,236 Available-for-sale securities $ - $ 118,245 $ - $ 118,245 Financial liabilities: Interest rate swaps $ - $ 1,628 $ - $ 1,628 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 : 3 Impaired loans (Collateral Dependent) : not 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 June 30, 2020 December 31, 2019 ( Impaired loans: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value June 30, 2020 $ - $ - $ 2,689 $ 2,689 December 31, 2019 $ - $ - $ 1,483 $ 1,483 Foreclosed assets held for sale: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value June 30, 2020 $ - $ - $ 471 $ 471 December 31, 2019 $ - $ - $ 233 $ 233 The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 Fair Value June 30, 2020 Valuation Technique Unobservable Input Range Impaired loans (collateral dependent) $ 2,689 Market Comparable Discount to reflect realizable value 0%- 100% (19%) Foreclosed assets held for sale $ 471 Market Comparable Discount to reflect realizable value 4%- 57% (24%) Valuation Technique Unobservable Input Range Impaired loans (collateral dependent) $ 1,483 Market Comparable Discount to reflect realizable value 0%- 100% (22%) Foreclosed assets held for sale $ 233 Market Comparable Discount to reflect realizable value 30%- 30% (30%) The following tables present estimated fair values of the Company’s financial instruments at June 30, 2020 December 31, 2019. June 30, 2020 Carrying Amount Fair Value Hierarchy Financial assets: Cash and cash equivalents $ 113,625,054 $ 113,625,054 1 Interest-bearing time deposits at other financial institutions 7,700,000 7,700,000 2 Federal Home Loan Bank stock 3,852,100 3,852,100 2 Mortgage loans held for sale 9,403,564 9,403,564 2 Loans, net 772,358,001 782,302,216 3 Interest receivable 4,870,504 4,870,504 2 Financial liabilities: Deposits 930,956,161 932,681,578 2 Federal Home Loan Bank advances 66,000,000 65,935,851 2 Subordinated debentures 15,465,000 15,465,000 3 Note payable to bank 11,300,000 11,300,000 3 Interest payable 708,791 708,791 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - - December 31, 2019 Carrying Amount Fair Value Hierarchy Financial assets: Cash and cash equivalents $ 92,671,909 $ 92,671,909 1 Interest-bearing time deposits at other financial institutions 250,000 250,315 2 Federal Home Loan Bank stock 3,757,500 3,757,500 2 Mortgage loans held for sale 2,786,564 2,786,564 2 Loans, net 720,732,402 723,363,117 3 Interest receivable 3,511,875 3,511,875 2 Financial liabilities: Deposits 821,406,532 822,046,988 2 Federal Home Loan Bank advances 65,000,000 66,015,635 2 Subordinated debentures 15,465,000 15,465,000 3 Note payable to bank 11,200,000 11,200,000 3 Interest payable 793,746 793,746 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - -

Note 14 - Recent Events

Note 14 - Recent Events	6 Months Ended
	Jun. 30, 2020
COVID 19 [Member]
Notes to Financial Statements
Unusual or Infrequent Items, or Both, Disclosure [Text Block]	Note 14: The COVID- 19 19 19 not may 10 10

Note 15 - Concentration of Cash

Note 15 - Concentration of Cash Holdings	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	Note 15: During the normal course of business, the Bank may $250,000. June 30, 2020, three June 30, 2020.

Note 16 - Subsequent Events

Note 16 - Subsequent Events	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	Note 16: On July 30, 2020, 2030 100% 2 September 30, 2030, September 30, 2025, September 30, 2025, may not September 30, 2025, may not 5.25% July 29, 2020 September 30, 2025 September 30, 2025 three may three not not may On July 30, 2020, 2018 30 June 30, 2024.

Note 4 - Securities (Tables)

Note 4 - Securities (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Debt Securities, Available-for-sale [Table Text Block]	Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of June 30, 2020 Debt Securities: U. S. government agencies $ 8,532,000 $ 17,924 $ (6,603 ) $ 8,543,321 Municipals 49,127,773 2,241,588 (90,355 ) 51,279,006 Corporates 27,055,325 374,680 (159,072 ) 27,270,933 Mortgage-backed securities - private label 10,838,275 123,752 (165,184 ) 10,796,843 Government sponsored asset-backed securities and SBA loan pools 47,869,033 1,357,901 (94,163 ) 49,132,771 $ 143,422,406 $ 4,115,845 $ (515,377 ) $ 147,022,874 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Approximate Fair Value As of December 31, 2019 Debt Securities: U. S. government agencies $ 2,499,755 $ - $ (11,962 ) $ 2,487,793 Municipals 35,625,038 675,382 (125,693 ) 36,174,727 Corporates 15,395,190 154,942 (14,945 ) 15,535,187 Mortgage-backed securities - private label 13,788,728 52,035 (29,392 ) 13,811,371 Government sponsored mortgage-backed securities and SBA loan pools 49,844,049 585,641 (193,454 ) 50,236,236 $ 117,152,760 $ 1,468,000 $ (375,446 ) $ 118,245,314
Available-for-sale Securities [Table Text Block]	Amortized Cost Approximate Fair Value 1-5 years $ 150,000 $ 150,324 6-10 years 36,006,625 36,533,558 After 10 years 48,558,473 50,409,378 Mortgage-backed securities - private label not due on a single maturity date 10,838,275 10,796,843 Government sponsored asset-backed securities and SBA loan pools not due on a single maturity date 47,869,033 49,132,771 $ 143,422,406 $ 147,022,874
Schedule of Unrealized Loss on Investments [Table Text Block]	As of June 30, 2020 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ 4,743,398 $ (6,603 ) $ - $ - 4,743,398 $ (6,603 ) Municipals 4,870,205 (90,355 ) - - Corporates 10,351,648 (159,072 ) - - 10,351,648 (159,072 ) Mortgage-backed securities - private label 5,234,232 (165,184 ) - - 5,234,232 (165,184 ) Government sponsored asset-backed securities and SBA loan pools 6,439,929 (94,163 ) - - 6,439,929 (94,163 ) $ 31,639,412 $ (515,377 ) $ - $ - $ 31,639,412 $ (515,377 ) As of December 31, 2019 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ 2,487,795 $ (11,962 ) $ - $ - 2,487,795 $ (11,962 ) Municipals 7,083,208 (125,693 ) - - 7,083,208 (125,693 ) Corporates 2,452,005 (14,945 ) - - 2,452,005 (14,945 ) Mortgage-backed securities - private label 9,416,669 (29,392 ) - - 9,416,669 (29,392 ) Government sponsored asset-backed securities and SBA loan pools 18,112,148 (125,906 ) 3,018,538 (67,548 ) 21,130,686 (193,454 ) $ 39,551,825 $ (307,898 ) $ 3,018,538 $ (67,548 ) $ 42,570,363 $ (375,446 )

Note 5 - Loans and Allowance _2

Note 5 - Loans and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, December 31, 2020 2019 Real estate - residential mortgage: One to four family units $ 127,187,806 $ 118,823,731 Multi-family 85,824,232 87,448,418 Real estate - construction 66,354,401 77,308,551 Real estate - commercial 306,700,011 300,619,387 Commercial loans 168,378,978 114,047,753 Consumer and other loans 29,028,801 30,666,185 Total loans 783,474,229 728,914,025 Less: Allowance for loan losses (8,787,917 ) (7,607,587 ) Deferred loan fees/costs, net (2,328,311 ) (574,036 ) Net loans $ 772,358,001 $ 720,732,402
Financing Receivable, Past Due [Table Text Block]	As of June 30, 2020 30-59 Days 60-89 Days 90 Days and more Past Due Total Past Current Total Loans Total Loans > (In Thousands) Real estate - residential mortgage: One to four family units $ 1,185 $ 467 $ 549 $ 2,201 $ 124,987 $ 127,188 $ - Multi-family - - - - 85,824 85,824 - Real estate - construction 5,355 - - 5,355 60,999 66,354 - Real estate - commercial 162 - - 162 306,538 306,700 - Commercial loans 685 3,553 - 4,238 164,141 168,379 - Consumer and other loans 101 1 47 149 28,880 29,029 - Total $ 7,488 $ 4,021 $ 596 $ 12,105 $ 771,369 $ 783,474 $ - As of December 31, 2019 30-59 Days 60-89 Days 90 Days and more Past Due Total Past Current Total Loans Total Loans > (In Thousands) Real estate - residential mortgage: One to four family units $ 83 $ 437 $ 125 $ 645 $ 118,179 $ 118,824 $ - Multi-family - - - - 87,448 87,448 - Real estate - construction 338 - - 338 76,971 77,309 - Real estate - commercial - - 43 43 300,576 300,619 - Commercial loans 134 105 17 256 113,792 114,048 - Consumer and other loans 48 26 - 74 30,592 30,666 - Total $ 603 $ 568 $ 185 $ 1,356 $ 727,558 $ 728,914 $ -
Financing Receivable, Nonaccrual [Table Text Block]	June 30, December 31, 2020 2019 Real estate - residential mortgage: One to four family units $ 2,443,808 $ 2,398,379 Multi-family - - Real estate - construction 4,442,818 3,738,410 Real estate - commercial 3,308,357 2,941,143 Commercial loans 867,255 855,761 Consumer and other loans 176,979 69,784 Total $ 11,239,217 $ 10,003,477
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Three months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 1,629 $ 2,577 $ 1,154 $ 755 $ 1,349 $ 449 $ 136 $ 8,049 Provision charged to expense (60 ) 421 385 39 (71 ) 49 (13 ) $ 750 Losses charged off - - - - - (51 ) - $ (51 ) Recoveries - - - - 21 19 - $ 40 Balance, end of period $ 1,569 $ 2,998 $ 1,539 $ 794 $ 1,299 $ 466 $ 123 $ 8,788 Six months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 1,749 $ 2,267 $ 1,001 $ 746 $ 1,129 $ 443 $ 273 $ 7,608 Provision charged to expense (180 ) 725 537 48 167 103 (150 ) $ 1,250 Losses charged off - - - - (32 ) (113 ) - $ (145 ) Recoveries - 6 1 - 35 33 - $ 75 Balance, end of period $ 1,569 $ 2,998 $ 1,539 $ 794 $ 1,299 $ 466 $ 123 $ 8,788 Three months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 1,936 $ 2,137 $ 1,386 $ 694 $ 974 $ 368 $ 352 $ 7,847 Provision charged to expense 212 31 (168 ) (21 ) 262 76 (292 ) $ 100 Losses charged off - - (271 ) - (41 ) (61 ) - $ (373 ) Recoveries 21 20 1 - 41 14 - $ 97 Balance, end of period $ 2,169 $ 2,188 $ 948 $ 673 $ 1,236 $ 397 $ 60 $ 7,671 Six months ended Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total (In Thousands) Allowance for loan losses: Balance, beginning of period $ 2,306 $ 2,093 $ 1,297 $ 641 $ 1,160 $ 373 $ 126 $ 7,996 Provision charged to expense (278 ) 75 (81 ) 32 301 117 (66 ) $ 100 Losses charged off - - (271 ) - (275 ) (115 ) - $ (661 ) Recoveries 141 20 3 - 50 22 - $ 236 Balance, end of period $ 2,169 $ 2,188 $ 948 $ 673 $ 1,236 $ 397 $ 60 $ 7,671 June 30, 2020 Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 631 $ 96 $ 257 $ - $ 319 $ 16 $ - $ 1,319 Ending balance: collectively evaluated for impairment $ 938 $ 2,902 $ 1,282 $ 794 $ 978 $ 450 $ 123 $ 7,467 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ 2 $ - $ - $ 2 Loans: Ending balance: individually evaluated for impairment $ 4,443 $ 1,026 $ 2,444 $ - $ 710 $ 268 $ - $ 8,891 Ending balance: collectively evaluated for impairment $ 61,911 $ 303,250 $ 124,744 $ 85,824 $ 167,358 $ 28,761 $ - $ 771,848 Ending balance: loans acquired with deteriorated credit quality $ - $ 2,424 $ - $ - $ 311 $ - $ - $ 2,735 As of December 31, 2019 Construction Commercial One to four family Multi-family Commercial Consumer Unallocated Total Allowance for loan losses: (In Thousands) Ending balance: individually evaluated for impairment $ 553 $ 24 $ 197 $ - $ 299 $ 21 $ - $ 1,094 Ending balance: collectively evaluated for impairment $ 1,196 $ 2,243 $ 804 $ 746 $ 830 $ 422 $ 273 $ 6,514 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - Loans: Ending balance: individually evaluated for impairment $ 4,742 $ 650 $ 2,613 $ - $ 908 $ 220 $ - $ 9,133 Ending balance: collectively evaluated for impairment $ 72,567 $ 297,318 $ 116,211 $ 87,448 $ 112,956 $ 30,446 $ - $ 716,946 Ending balance: loans acquired with deteriorated credit quality $ - $ 2,651 $ - $ - $ 184 $ - $ - $ 2,835
Impaired Financing Receivables [Table Text Block]	June 30, 2020 December 31, 2019 Recorded Unpaid Specific Unpaid Specific (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,143 $ 1,143 $ - $ 1,392 $ 1,392 $ - Multi-family - - - - - - Real estate - construction - - - - - - Real estate - commercial 3,358 3,358 - 3,199 3,199 - Commercial loans - - - 33 33 - Consumer and other loans 111 111 - 70 70 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,301 $ 1,301 $ 257 $ 1,221 $ 1,221 $ 197 Multi-family - - - - - - Real estate - construction 4,443 5,676 630 4,742 5,975 553 Real estate - commercial 249 249 96 162 162 24 Commercial loans 864 864 322 999 999 301 Consumer and other loans 157 157 16 150 150 21 Total Real estate - residential mortgage: One to four family units $ 2,444 $ 2,444 $ 257 $ 2,613 $ 2,613 $ 197 Multi-family - - - - - - Real estate - construction 4,443 5,676 630 4,742 5,975 553 Real estate - commercial 3,607 3,607 96 3,361 3,361 24 Commercial loans 864 864 322 1,032 1,032 301 Consumer and other loans 268 268 16 220 220 21 Total $ 11,626 $ 12,859 $ 1,321 11,968 $ 13,201 $ 1,096 For the Six Months Ended For the Six Months Ended June 30, 2020 June 30, 2019 Average Interest Average Interest (In Thousands) Loans without a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,106 $ - $ 1,111 $ 1 Multi-family - - 5,934 - Real estate - construction - - - - Real estate - commercial 3,006 - 3,440 4 Commercial loans 9 - 223 - Consumer and other loans 105 7 229 - Loans with a specific valuation allowance Real estate - residential mortgage: One to four family units $ 1,224 $ - $ 2,352 $ - Multi-family - - - - Real estate - construction 4,188 - 3,876 - Real estate - commercial 236 - 717 - Commercial loans 916 - 659 - Consumer and other loans 156 - 106 - Total Real estate - residential mortgage: One to four family units $ 2,330 $ - $ 3,463 $ 1 Multi-family - - 5,934 - Real estate - construction 4,188 - 3,876 - Real estate - commercial 3,242 - 4,157 4 Commercial loans 925 - 882 - Consumer and other loans 261 7 335 - Total $ 10,946 $ 7 $ 18,647 $ 5
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	June 30, 2020 December 31, 2019 Real estate - residential mortgage: One to four family units $ 1,161,988 $ 1,163,782 Multi-family - - Real estate - construction 4,442,818 3,738,409 Real estate - commercial 896,454 161,491 Commercial loans 710,395 572,683 Total 7,211,655 $ 5,636,365
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2020 Construction Commercial One to four family Multi-family Commercial Consumer Total (In Thousands) Rating: Pass $ 61,834 $ 295,826 $ 122,677 $ 85,824 $ 154,901 $ 28,761 $ 749,823 Special Mention - 625 1,035 - 8,541 - 10,201 Substandard 4,520 10,249 3,476 - 4,937 268 23,450 Doubtful - - - - - - - Total $ 66,354 $ 306,700 $ 127,188 $ 85,824 $ 168,379 $ 29,029 $ 783,474 December 31, 2019 Construction Commercial One to four family Multi-family Commercial Consumer Total (In Thousands) Rating: Pass $ 73,489 $ 292,674 $ 115,622 $ 87,448 $ 100,658 $ 29,666 $ 699,557 Special Mention - 1,476 535 - 8,793 - 10,804 Substandard 3,820 6,469 2,667 - 4,597 1,000 18,553 Doubtful - - - - - - - Total $ 77,309 $ 300,619 $ 118,824 $ 87,448 $ 114,048 $ 30,666 $ 728,914

Note 6 - Accounting for Certa_2

Note 6 - Accounting for Certain Loans Acquired (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Certain Loans Acquired in Transfer [Table Text Block]	June 30, December 31, 2020 2019 (In Thousands) (In Thousands) Real estate - commercial $ 2,919 $ 3,069 Commercial loans 198 242 Outstanding balance $ 3,117 3,311 Carrying amount, net of fair value adjustment of $382 $476 $ 2,735 2,835
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Table Text Block]	Three months ended Six months ended June 30, 2020 June 30, 2020 (In Thousands) (In Thousands) Balance at beginning of period $ (116 ) $ (69 ) Additions - - Accretion (49 ) (98 ) Reclassification from nonaccretable difference 165 167 Disposals - - Balance at end of period $ 0 0 Three months ended Six months ended June 30, 2019 June 30, 2019 (In Thousands) (In Thousands) Balance at beginning of period $ 230 $ 265 Additions - - Accretion (47 ) (82 ) Reclassification from nonaccretable difference - - Disposals - - Balance at end of period $ 183 183

Note 7 - Intangible Assets (Tab

Note 7 - Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	June 30, December 31, 2020 2019 (in Thousands) (in Thousands) Goodwill $ 1,435 $ 1,435 Core deposit intangible Gross carrying amount 3,520 3,520 Accumulated amortization (1,255 ) (1,016 ) Core deposit intangible, net 2,265 2,504 Remaining balance $ 3,700 $ 3,939
Finite-lived Intangible Assets Amortization Expense [Table Text Block]	Amortization Expense (in Thousands) Remainder of: 2020 $ 238 2021 477 2022 477 2023 477 2024 477 Therafter 119 Total $ 2,265

Note 8 - Leases (Tables)

Note 8 - Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Lease, Cost [Table Text Block]	Six months ended Three months ended June 30, June 30, June 30, June 30, 2020 2019 2020 2019 (In Thousands) (In Thousands) Finance lease cost: Amortization of right-of-use assets $ 62,109 $ 54,858 $ 31,132 $ 27,213 Interest on lease liabilities 4,039 3,872 1,943 2,152 Operating lease cost 544,443 540,082 272,108 270,040 Sublease income (24,600 ) (22,600 ) (12,300 ) (12,300 ) Total lease costs $ 585,991 $ 576,212 $ 292,883 $ 287,105 Additional lease information: Weighted-average remaining lease term - financing leases (in years) 3.0 Weighted-average remaining lease term - operating leases (in years) 14.7 Weighted-average discount rate - financing leases 1.95 % Weighted-average discount rate - operating leases 5.64 %
Lessee, Finance and Operating Lease, Liability, Maturity [Table Text Block]	Financing Operating Total (In Thousands) Remainder of: 2020 $ 66 $ 522 $ 588 2021 132 1,020 1,152 2022 126 1,011 1,137 2023 53 1,002 1,055 2024 10 856 866 Thereafter - 8,979 8,979 Total undiscounted future minimum lease cash payments $ 387 $ 13,390 $ 13,777 Present value discount (11 ) (4,554 ) (4,565 ) Lease liability $ 376 $ 8,836 $ 9,212

Note 9 - Benefit Plans (Tables)

Note 9 - Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
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, 2020 24,378 $ 22.75 Granted 17,713 21.84 Vested (11,464 ) 22.13 Forfeited (1,732 ) 23.04 Balance of shares non-vested as of June 30, 2020 28,895 $ 22.42
Schedule of Nonvested Performance-based Units Activity [Table Text Block]	Restricted Stock Units Performance Stock Units Weighted Average Grant- Date Fair Value Balance of shares non-vested as of January 1, 2020 - $ - Granted 43,700 15.62 Vested - - Forfeited - - Balance of shares non-vested as of June 30, 2020 43,700 $ 15.62

Note 10 - Income Per Common S_2

Note 10 - Income Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For three months ended June 30, 2020 For six months ended June 30, 2020 Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Basic Income Per Common Share $ 1,883,383 4,337,274 $ 0.43 $ 3,988,228 4,323,358 $ 0.92 Effect of Dilutive Securities 3,477 20,552 Diluted Income Per Common Share $ 1,883,383 4,340,751 $ 0.43 $ 3,988,228 4,343,910 $ 0.92 For three months ended June 30, 2019 For six months ended June 30, 2020 Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Income Available to Common Shareholders Average Common Shares Outstanding Per Common Share Basic Income Per Common Share $ 2,428,499 4,452,798 $ 0.55 $ 4,548,863 4,445,750 $ 1.02 Effect of Dilutive Securities 51,166 55,631 Diluted Income Per Common Share $ 2,428,499 4,503,964 $ 0.54 $ 4,548,863 4,501,381 $ 1.01

Note 12 - Derivative Financia_2

Note 12 - Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	Derivatives designated as hedging instruments: June 30, 2020 Estimated Fair Value at: Forward Start Inception Date Termination Date Derivative Type Notional Amount Rate Paid Rate Hedged Balance Sheet Classfication June 30, 2020 December 31, 2019 2/28/2018 2/28/2025 Interest rate swap - FHLB Advances $ 50,000,000 2.12 % 3 month LIBOR Floating Other liabilites $ (4,294,478 ) $ (1,067,935 ) 5/23/2019 2/23/2026 Interest rate swap - Subordinated Debentures $ 10,310,000 4.09 % 3 month LIBOR Floating +145 bps Other liabilites $ (1,339,760 ) $ (560,388 )
Derivative Instruments, Gain (Loss) [Table Text Block]	Derivative Income Statement Three months ended June 30, Six months ended June 30, Type Classfication 2020 2019 2020 2019 Interest rate swap - FHLB Advances Interest expense $ 122,537 $ (59,205 ) $ 162,378 $ (129,093 ) Interest rate swap - Subordinated Debentures Interest expense $ 38,590 $ 1,301 $ 60,031 $ 1,301

Note 13 - Disclosures About F_2

Note 13 - Disclosures About Fair Value of Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	June 30, 2020 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Government agencies $ - $ 8,543 $ - $ 8,543 Municipals - 51,279 - 51,279 Corporates - 27,271 - 27,271 Mortgage-backed securities - private label - 10,797 - 10,797 Goverment sponsored asset-backed securities and SBA loan pools - 49,133 - 49,133 Available-for-sale securities $ - $ 147,023 $ - $ 147,023 Financial liabilities: Interest rate swaps $ - $ 5,634 $ - $ 5,634 December 31, 2019 Financial assets: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value Debt securities: Government agencies $ - $ 2,488 $ - $ 2,488 Municipals - 36,175 - 36,175 Corporates - 15,535 - 15,535 Mortgage-backed securities - private label - 13,811 13,811 Goverment sponsored asset-backed securities and SBA loan pools - 50,236 - 50,236 Available-for-sale securities $ - $ 118,245 $ - $ 118,245 Financial liabilities: Interest rate swaps $ - $ 1,628 $ - $ 1,628
Fair Value Measurements, Nonrecurring [Table Text Block]	Impaired loans: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value June 30, 2020 $ - $ - $ 2,689 $ 2,689 December 31, 2019 $ - $ - $ 1,483 $ 1,483 Foreclosed assets held for sale: Level 1 inputs Level 2 inputs Level 3 inputs Total fair value June 30, 2020 $ - $ - $ 471 $ 471 December 31, 2019 $ - $ - $ 233 $ 233
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Fair Value June 30, 2020 Valuation Technique Unobservable Input Range Impaired loans (collateral dependent) $ 2,689 Market Comparable Discount to reflect realizable value 0%- 100% (19%) Foreclosed assets held for sale $ 471 Market Comparable Discount to reflect realizable value 4%- 57% (24%) Valuation Technique Unobservable Input Range Impaired loans (collateral dependent) $ 1,483 Market Comparable Discount to reflect realizable value 0%- 100% (22%) Foreclosed assets held for sale $ 233 Market Comparable Discount to reflect realizable value 30%- 30% (30%)
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30, 2020 Carrying Amount Fair Value Hierarchy Financial assets: Cash and cash equivalents $ 113,625,054 $ 113,625,054 1 Interest-bearing time deposits at other financial institutions 7,700,000 7,700,000 2 Federal Home Loan Bank stock 3,852,100 3,852,100 2 Mortgage loans held for sale 9,403,564 9,403,564 2 Loans, net 772,358,001 782,302,216 3 Interest receivable 4,870,504 4,870,504 2 Financial liabilities: Deposits 930,956,161 932,681,578 2 Federal Home Loan Bank advances 66,000,000 65,935,851 2 Subordinated debentures 15,465,000 15,465,000 3 Note payable to bank 11,300,000 11,300,000 3 Interest payable 708,791 708,791 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - - December 31, 2019 Carrying Amount Fair Value Hierarchy Financial assets: Cash and cash equivalents $ 92,671,909 $ 92,671,909 1 Interest-bearing time deposits at other financial institutions 250,000 250,315 2 Federal Home Loan Bank stock 3,757,500 3,757,500 2 Mortgage loans held for sale 2,786,564 2,786,564 2 Loans, net 720,732,402 723,363,117 3 Interest receivable 3,511,875 3,511,875 2 Financial liabilities: Deposits 821,406,532 822,046,988 2 Federal Home Loan Bank advances 65,000,000 66,015,635 2 Subordinated debentures 15,465,000 15,465,000 3 Note payable to bank 11,200,000 11,200,000 3 Interest payable 793,746 793,746 2 Unrecognized financial instruments (net of contractual value): Commitments to extend credit - - - Unused lines of credit - - -

Note 3 - Acquisition (Details T

Note 3 - Acquisition (Details Textual) - USD ($)	Apr. 02, 2018	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill, Ending Balance		$ 1,434,982	$ 1,434,982
Hometown Bancshares, Inc. [Member]
Business Acquisition, Share Price (in dollars per share)	$ 20
Business Combination, Consideration Transferred, Total	$ 4,600,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total	178,800,000
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans, Net	143,900,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deposits	161,200,000
Goodwill, Ending Balance	$ 1,400,000			$ 1,400,000

Note 4 - Securities (Details Te

Note 4 - Securities (Details Textual) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Security Owned and Pledged as Collateral, Carrying Value	$ 3,155,750		$ 5,261,664
Security Owned and Pledged as Collateral, Fair Value, Total	3,275,770		5,358,929
Debt Securities, Available-for-sale, Realized Gain	221,937	$ 172,327
Debt Securities, Available-for-sale, Realized Loss	58,745	124,064
Available-for-sale Debt Securities, Gross Realized Gain (Loss), Tax Effect	34,270	$ (10,135)
Debt Securities, Available-for-sale, Unrealized Loss Position, Total	$ 31,639,412		$ 42,570,363
Percentage of Available-for-sale Debt Securities in Continuous Unrealized Loss Position to Total Investment Portfolio	22.00%		36.00%

Note 4 - Securities - Available

Note 4 - Securities - Available-for-sale Debt Securities (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Available-for-sale securities, amortized cost	$ 143,422,406	$ 117,152,760
Available-for-sale securities, gross unrealized gains	4,115,845	1,468,000
Available-for-sale securities, gross unrealized (losses)	(515,377)	(375,446)
Available-for-sale securities	147,022,874	118,245,314
US Government Agencies Debt Securities [Member]
Available-for-sale securities, amortized cost	8,532,000	2,499,755
Available-for-sale securities, gross unrealized gains	17,924	0
Available-for-sale securities, gross unrealized (losses)	(6,603)	(11,962)
Available-for-sale securities	8,543,321	2,487,793
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, amortized cost	49,127,773	35,625,038
Available-for-sale securities, gross unrealized gains	2,241,588	675,382
Available-for-sale securities, gross unrealized (losses)	(90,355)	(125,693)
Available-for-sale securities	51,279,006	36,174,727
Corporate Debt Securities [Member]
Available-for-sale securities, amortized cost	27,055,325	15,395,190
Available-for-sale securities, gross unrealized gains	374,680	154,942
Available-for-sale securities, gross unrealized (losses)	(159,072)	(14,945)
Available-for-sale securities	27,270,933	15,535,187
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Available-for-sale securities, amortized cost	10,838,275	13,788,728
Available-for-sale securities, gross unrealized gains	123,752	52,035
Available-for-sale securities, gross unrealized (losses)	(165,184)	(29,392)
Available-for-sale securities	10,796,843	13,811,371
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities, amortized cost	47,869,033	49,844,049
Available-for-sale securities, gross unrealized gains	1,357,901	585,641
Available-for-sale securities, gross unrealized (losses)	(94,163)	(193,454)
Available-for-sale securities	$ 49,132,771	$ 50,236,236

Note 4 - Securities - Availab_2

Note 4 - Securities - Available-for-sale Securities by Maturity (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
1-5 years, amortized cost	$ 150,000
1-5 years, fair value	150,324
5-10 years, amortized cost	36,006,625
5-10 years, fair value	36,533,558
After 10 years, amortized cost	48,558,473
After 10 years, fair value	50,409,378
Available-for-sale securities, amortized cost	143,422,406	$ 117,152,760
Available-for-sale securities	147,022,874	118,245,314
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Not due on a single maturity date, amortized cost	10,838,275
Not due on a single maturity date, fair value	10,796,843
Available-for-sale securities, amortized cost	10,838,275	13,788,728
Available-for-sale securities	10,796,843	13,811,371
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Not due on a single maturity date, amortized cost	47,869,033
Not due on a single maturity date, fair value	49,132,771
Available-for-sale securities, amortized cost	47,869,033	49,844,049
Available-for-sale securities	$ 49,132,771	$ 50,236,236

Note 4 - Securities - Securitie

Note 4 - Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Securities, continuous unrealized loss position, less than 12 months, fair value	$ 31,639,412	$ 39,551,825
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(515,377)	(307,898)
Securities, continuous unrealized loss position, 12 months or more, fair value	0	3,018,538
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	0	(67,548)
Securities, continuous unrealized loss position, fair value	31,639,412	42,570,363
Securities, continuous unrealized loss position, unrealized losses	(515,377)	(375,446)
US Government Agencies Debt Securities [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	4,743,398	2,487,795
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(6,603)	(11,962)
Securities, continuous unrealized loss position, 12 months or more, fair value	0	0
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	0	0
Securities, continuous unrealized loss position, fair value	4,743,398	2,487,795
Securities, continuous unrealized loss position, unrealized losses	(6,603)	(11,962)
US States and Political Subdivisions Debt Securities [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	4,870,205	7,083,208
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(90,355)	(125,693)
Securities, continuous unrealized loss position, 12 months or more, fair value	0	0
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	0	0
Securities, continuous unrealized loss position, fair value		7,083,208
Securities, continuous unrealized loss position, unrealized losses		(125,693)
Corporate Debt Securities [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	10,351,648	2,452,005
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(159,072)	(14,945)
Securities, continuous unrealized loss position, 12 months or more, fair value	0	0
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	0	0
Securities, continuous unrealized loss position, fair value	10,351,648	2,452,005
Securities, continuous unrealized loss position, unrealized losses	(159,072)	(14,945)
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	5,234,232	9,416,669
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(165,184)	(29,392)
Securities, continuous unrealized loss position, 12 months or more, fair value	0	0
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	0	0
Securities, continuous unrealized loss position, fair value	5,234,232	9,416,669
Securities, continuous unrealized loss position, unrealized losses	(165,184)	(29,392)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities, continuous unrealized loss position, less than 12 months, fair value	6,439,929	18,112,148
Securities, continuous unrealized loss position, less than 12 months, unrealized losses	(94,163)	(125,906)
Securities, continuous unrealized loss position, 12 months or more, fair value	0	3,018,538
Securities, continuous unrealized loss position, 12 months or more, unrealized losses	0	(67,548)
Securities, continuous unrealized loss position, fair value	6,439,929	21,130,686
Securities, continuous unrealized loss position, unrealized losses	$ (94,163)	$ (193,454)

Note 5 - Loans and Allowance _3

Note 5 - Loans and Allowance for Loan Losses (Details Textual) Pure in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net	$ 2,735,000		$ 2,735,000		$ 2,835,000
Commercial Loan Referral Income	$ 380,996	$ 0	936,486	$ 0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0	0
Substandard [Member]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net	$ 2,700,000		2,700,000
Troubled Debt Restructuring [Member]
Financing Receivable, Allowance for Credit Loss, Ending Balance	$ 1,127,146		$ 1,127,146		$ 927,216

Note 5 - Loans and Allowance _4

Note 5 - Loans and Allowance for Loan Losses - Loans by Category (Details) - USD ($)	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Loans receivable	$ 783,474,229		$ 728,914,025
Allowance for loan losses	(8,787,917)	$ (8,049,000)	(7,607,587)	$ (7,671,000)	$ (7,847,000)	$ (7,996,000)
Deferred loan fees/costs, net	(2,328,311)		(574,036)
Net loans	772,358,001		720,732,402
Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable	127,187,806		118,823,731
Allowance for loan losses	(1,539,000)	(1,154,000)	(1,001,000)	(948,000)	(1,386,000)	(1,297,000)
Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable	85,824,232		87,448,418
Allowance for loan losses	(794,000)	(755,000)	(746,000)	(673,000)	(694,000)	(641,000)
Real Estate, Construction [Member]
Loans receivable	66,354,401		77,308,551
Allowance for loan losses	(1,569,000)	(1,629,000)	(1,749,000)	(2,169,000)	(1,936,000)	(2,306,000)
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	306,700,011		300,619,387
Allowance for loan losses	(2,998,000)	(2,577,000)		(2,188,000)	(2,137,000)
Commercial Portfolio Segment [Member]
Loans receivable	168,378,978		114,047,753
Allowance for loan losses	(1,299,000)	$ (1,349,000)	(1,129,000)	$ (1,236,000)	$ (974,000)	$ (1,160,000)
Consumer and Other Loans [Member]
Loans receivable	$ 29,028,801		$ 30,666,185

Note 5 - Loans and Allowance _5

Note 5 - Loans and Allowance for Loan Losses - Loans by Aging (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Loans receivable, past due	$ 12,105,000	$ 1,356,000
Loans receivable, current	771,369,000	727,558,000
Loans receivable	783,474,229	728,914,025
Loans receivable, past due and accruing	0	0
Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable, past due	2,201,000	645,000
Loans receivable, current	124,987,000	118,179,000
Loans receivable	127,187,806	118,823,731
Loans receivable, past due and accruing	0	0
Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable, past due	0	0
Loans receivable, current	85,824,000	87,448,000
Loans receivable	85,824,232	87,448,418
Loans receivable, past due and accruing	0	0
Real Estate, Construction [Member]
Loans receivable, past due	5,355,000	338,000
Loans receivable, current	60,999,000	76,971,000
Loans receivable	66,354,401	77,308,551
Loans receivable, past due and accruing	0	0
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due	162,000	43,000
Loans receivable, current	306,538,000	300,576,000
Loans receivable	306,700,011	300,619,387
Loans receivable, past due and accruing	0	0
Commercial Portfolio Segment [Member]
Loans receivable, past due	4,238,000	256,000
Loans receivable, current	164,141,000	113,792,000
Loans receivable	168,378,978	114,047,753
Loans receivable, past due and accruing	0	0
Consumer and Other Loans [Member]
Loans receivable, past due	149,000	74,000
Loans receivable, current	28,880,000	30,592,000
Loans receivable	29,028,801	30,666,185
Loans receivable, past due and accruing	0	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans receivable, past due	7,488,000	603,000
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable, past due	1,185,000	83,000
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable, past due	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Real Estate, Construction [Member]
Loans receivable, past due	5,355,000	338,000
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due	162,000	0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable, past due	685,000	134,000
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer and Other Loans [Member]
Loans receivable, past due	101,000	48,000
Financial Asset, 60 to 89 Days Past Due [Member]
Loans receivable, past due	4,021,000	568,000
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable, past due	467,000	437,000
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable, past due	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Real Estate, Construction [Member]
Loans receivable, past due	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable, past due	3,553,000	105,000
Financial Asset, 60 to 89 Days Past Due [Member] | Consumer and Other Loans [Member]
Loans receivable, past due	1,000	26,000
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, past due	596,000	185,000
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable, past due	549,000	125,000
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable, past due	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Real Estate, Construction [Member]
Loans receivable, past due	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, past due	0	43,000
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable, past due	0	17,000
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer and Other Loans [Member]
Loans receivable, past due	$ 47,000	$ 0

Note 5 - Loans and Allowance _6

Note 5 - Loans and Allowance for Loan Losses - Nonaccruing Loans (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Nonaccruing loans	$ 11,239,217	$ 10,003,477
Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Nonaccruing loans	2,443,808	2,398,379
Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Nonaccruing loans	0	0
Real Estate, Construction [Member]
Nonaccruing loans	4,442,818	3,738,410
Commercial Real Estate Portfolio Segment [Member]
Nonaccruing loans	3,308,357	2,941,143
Commercial Portfolio Segment [Member]
Nonaccruing loans	867,255	855,761
Consumer and Other Loans [Member]
Nonaccruing loans	$ 176,979	$ 69,784

Note 5 - Loans and Allowance _7

Note 5 - Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Balance, beginning of period	$ 8,049,000	$ 7,847,000	$ 7,607,587	$ 7,996,000
Provision for loan losses	750,000	100,000	1,250,000	100,000
Losses charged off	(51,000)	(373,000)	(145,000)	(661,000)
Recoveries	40,000	97,000	75,000	236,000
Balance, end of period	8,787,917	7,671,000	8,787,917	7,671,000
Ending balance: individually evaluated for impairment	1,319,000		1,319,000		$ 1,094,000
Ending balance: collectively evaluated for impairment	7,467,000		7,467,000		6,514,000
Ending balance: loans acquired with deteriorated credit quality	2,000		2,000		0
Ending balance: individually evaluated for impairment	8,891,000		8,891,000		9,133,000
Ending balance: collectively evaluated for impairment	771,848,000		771,848,000		716,946,000
Ending balance: loans acquired with deteriorated credit quality	2,735,000		2,735,000		2,835,000
Real Estate, Construction [Member]
Balance, beginning of period	1,629,000	1,936,000	1,749,000	2,306,000
Provision for loan losses	(60,000)	212,000	(180,000)	(278,000)
Losses charged off	0	0	0	0
Recoveries	0	21,000	0	141,000
Balance, end of period	1,569,000	2,169,000	1,569,000	2,169,000
Ending balance: individually evaluated for impairment	631,000		631,000		553,000
Ending balance: collectively evaluated for impairment	938,000		938,000		1,196,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Ending balance: individually evaluated for impairment	4,443,000		4,443,000		4,742,000
Ending balance: collectively evaluated for impairment	61,911,000		61,911,000		72,567,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Commercial Real Estate Portfolio Segment [Member]
Balance, beginning of period	2,577,000	2,137,000
Provision for loan losses	421,000	31,000
Losses charged off	0	0
Recoveries	0	20,000
Balance, end of period	2,998,000	2,188,000	2,998,000	2,188,000
Ending balance: individually evaluated for impairment	96,000		96,000		24,000
Ending balance: collectively evaluated for impairment	2,902,000		2,902,000		2,243,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Ending balance: individually evaluated for impairment	1,026,000		1,026,000		650,000
Ending balance: collectively evaluated for impairment	303,250,000		303,250,000		297,318,000
Ending balance: loans acquired with deteriorated credit quality	2,424,000		2,424,000		2,651,000
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Balance, beginning of period			2,267,000	2,093,000
Provision for loan losses			725,000	75,000
Losses charged off			0	0
Recoveries			6,000	20,000
Balance, end of period	2,998,000	2,188,000	2,998,000	2,188,000
Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Balance, beginning of period	1,154,000	1,386,000	1,001,000	1,297,000
Provision for loan losses	385,000	(168,000)	537,000	(81,000)
Losses charged off	0	(271,000)	0	(271,000)
Recoveries	0	1,000	1,000	3,000
Balance, end of period	1,539,000	948,000	1,539,000	948,000
Ending balance: individually evaluated for impairment	257,000		257,000		197,000
Ending balance: collectively evaluated for impairment	1,282,000		1,282,000		804,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Ending balance: individually evaluated for impairment	2,444,000		2,444,000		2,613,000
Ending balance: collectively evaluated for impairment	124,744,000		124,744,000		116,211,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Balance, beginning of period	755,000	694,000	746,000	641,000
Provision for loan losses	39,000	(21,000)	48,000	32,000
Losses charged off	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	794,000	673,000	794,000	673,000
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	794,000		794,000		746,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	85,824,000		85,824,000		87,448,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Commercial Portfolio Segment [Member]
Balance, beginning of period	1,349,000	974,000	1,129,000	1,160,000
Provision for loan losses	(71,000)	262,000	167,000	301,000
Losses charged off	0	(41,000)	(32,000)	(275,000)
Recoveries	21,000	41,000	35,000	50,000
Balance, end of period	1,299,000	1,236,000	1,299,000	1,236,000
Ending balance: individually evaluated for impairment	319,000		319,000		299,000
Ending balance: collectively evaluated for impairment	978,000		978,000		830,000
Ending balance: loans acquired with deteriorated credit quality	2,000		2,000		0
Ending balance: individually evaluated for impairment	710,000		710,000		908,000
Ending balance: collectively evaluated for impairment	167,358,000		167,358,000		112,956,000
Ending balance: loans acquired with deteriorated credit quality	311,000		311,000		184,000
Consumer and Other Loans [Member]
Ending balance: individually evaluated for impairment	16,000		16,000		21,000
Ending balance: collectively evaluated for impairment	450,000		450,000		422,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Ending balance: individually evaluated for impairment	268,000		268,000		220,000
Ending balance: collectively evaluated for impairment	28,761,000		28,761,000		30,446,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Consumer Portfolio Segment [Member]
Balance, beginning of period	449,000	368,000	443,000	373,000
Provision for loan losses	49,000	76,000	103,000	117,000
Losses charged off	(51,000)	(61,000)	(113,000)	(115,000)
Recoveries	19,000	14,000	33,000	22,000
Balance, end of period	466,000	397,000	466,000	397,000
Unallocated Financing Receivables [Member]
Balance, beginning of period	136,000	352,000	273,000	126,000
Provision for loan losses	(13,000)	(292,000)	(150,000)	(66,000)
Losses charged off	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	123,000	$ 60,000	123,000	$ 60,000
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	123,000		123,000		273,000
Ending balance: loans acquired with deteriorated credit quality	0		0		0
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	0		0		0
Ending balance: loans acquired with deteriorated credit quality	$ 0		$ 0		$ 0

Note 5 - Loans and Allowance _8

Note 5 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Valuation allowance	$ 1,321		$ 1,096
Loans recorded balance	11,626		11,968
Loans unpaid principal	12,859		13,201
Loans average investment in impaired loans	10,946	$ 18,647
Loans interest income recognized	7	5
Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans without a specific valuation allowance, recorded balance	1,143		1,392
Loans without a specific valuation allowance, unpaid principal	1,143		1,392
Loans with a specific valuation allowance, recorded balance	1,301		1,221
Loans with a specific valuation allowance, unpaid principal	1,301		1,221
Valuation allowance	257		197
Loans recorded balance	2,444		2,613
Loans unpaid principal	2,444		2,613
Loans without a specific valuation allowance, average investment in impaired loans	1,106	1,111
Loans without a specific valuation allowance, interest income recognized	0	1
Loans with a specific valuation allowance, average investment in impaired loans	1,224	2,352
Loans with a specific valuation allowance, interest income recognized	0	0
Loans average investment in impaired loans	2,330	3,463
Loans interest income recognized	0	1
Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans without a specific valuation allowance, recorded balance	0		0
Loans without a specific valuation allowance, unpaid principal	0		0
Valuation allowance	0		0
Loans recorded balance	0		0
Loans unpaid principal	0		0
Loans without a specific valuation allowance, average investment in impaired loans	0	5,934
Loans without a specific valuation allowance, interest income recognized	0	0
Loans with a specific valuation allowance, average investment in impaired loans	0	0
Loans with a specific valuation allowance, interest income recognized	0	0
Loans average investment in impaired loans	0	5,934
Loans interest income recognized	0	0
Residential Portfolio Segment [Member] | Construction Loans [Member]
Loans without a specific valuation allowance, average investment in impaired loans	0	0
Loans without a specific valuation allowance, interest income recognized	0	0
Loans with a specific valuation allowance, average investment in impaired loans	4,188	3,876
Loans with a specific valuation allowance, interest income recognized	0	0
Loans average investment in impaired loans	4,188	3,876
Loans interest income recognized	0	0
Real Estate, Construction [Member]
Loans without a specific valuation allowance, recorded balance	0		0
Loans without a specific valuation allowance, unpaid principal	0		0
Loans with a specific valuation allowance, recorded balance	4,443		4,742
Loans with a specific valuation allowance, unpaid principal	5,676		5,975
Valuation allowance	630		553
Loans recorded balance	4,443		4,742
Loans unpaid principal	5,676		5,975
Commercial Real Estate Portfolio Segment [Member]
Loans without a specific valuation allowance, recorded balance	3,358		3,199
Loans without a specific valuation allowance, unpaid principal	3,358		3,199
Loans with a specific valuation allowance, recorded balance	249		162
Loans with a specific valuation allowance, unpaid principal	249		162
Valuation allowance	96		24
Loans recorded balance	3,607		3,361
Loans unpaid principal	3,607		3,361
Loans without a specific valuation allowance, average investment in impaired loans	3,006	3,440
Loans without a specific valuation allowance, interest income recognized	0	4
Loans with a specific valuation allowance, average investment in impaired loans	236	717
Loans with a specific valuation allowance, interest income recognized	0	0
Loans average investment in impaired loans	3,242	4,157
Loans interest income recognized	0	4
Commercial Portfolio Segment [Member]
Loans without a specific valuation allowance, recorded balance	0		33
Loans without a specific valuation allowance, unpaid principal	0		33
Loans with a specific valuation allowance, recorded balance	864		999
Loans with a specific valuation allowance, unpaid principal	864		999
Valuation allowance	322		301
Loans recorded balance	864		1,032
Loans unpaid principal	864		1,032
Loans without a specific valuation allowance, average investment in impaired loans	9	223
Loans without a specific valuation allowance, interest income recognized	0	0
Loans with a specific valuation allowance, average investment in impaired loans	916	659
Loans with a specific valuation allowance, interest income recognized	0	0
Loans average investment in impaired loans	925	882
Loans interest income recognized	0	0
Consumer and Other Loans [Member]
Loans without a specific valuation allowance, recorded balance	111		70
Loans without a specific valuation allowance, unpaid principal	111		70
Loans with a specific valuation allowance, recorded balance	157		150
Loans with a specific valuation allowance, unpaid principal	157		150
Valuation allowance	16		21
Loans recorded balance	268		220
Loans unpaid principal	268		$ 220
Consumer Portfolio Segment [Member]
Loans without a specific valuation allowance, average investment in impaired loans	105	229
Loans without a specific valuation allowance, interest income recognized	7	0
Loans with a specific valuation allowance, average investment in impaired loans	156	106
Loans with a specific valuation allowance, interest income recognized	0	0
Loans average investment in impaired loans	261	335
Loans interest income recognized	$ 7	$ 0

Note 5 - Loans and Allowance _9

Note 5 - Loans and Allowance for Loan Losses - Troubled Debt Restructurings (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Carrying balance of TDR	$ 7,211,655	$ 5,636,365
Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Carrying balance of TDR	1,161,988	1,163,782
Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Carrying balance of TDR	0	0
Real Estate, Construction [Member]
Carrying balance of TDR	4,442,818	3,738,409
Commercial Real Estate Portfolio Segment [Member]
Carrying balance of TDR	896,454	161,491
Commercial Portfolio Segment [Member]
Carrying balance of TDR	$ 710,395	$ 572,683

Note 5 - Loans and Allowance_10

Note 5 - Loans and Allowance for Loan Losses - Loans by Credit Quality (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Loans receivable	$ 783,474,229	$ 728,914,025
Real Estate, Construction [Member]
Loans receivable	66,354,401	77,308,551
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	306,700,011	300,619,387
Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable	127,187,806	118,823,731
Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable	85,824,232	87,448,418
Commercial Portfolio Segment [Member]
Loans receivable	168,378,978	114,047,753
Consumer and Other Loans [Member]
Loans receivable	29,028,801	30,666,185
Pass [Member]
Loans receivable	749,823,000	699,557,000
Pass [Member] | Real Estate, Construction [Member]
Loans receivable	61,834,000	73,489,000
Pass [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable	295,826,000	292,674,000
Pass [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable	122,677,000	115,622,000
Pass [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable	85,824,000	87,448,000
Pass [Member] | Commercial Portfolio Segment [Member]
Loans receivable	154,901,000	100,658,000
Pass [Member] | Consumer and Other Loans [Member]
Loans receivable	28,761,000	29,666,000
Special Mention [Member]
Loans receivable	10,201,000	10,804,000
Special Mention [Member] | Real Estate, Construction [Member]
Loans receivable	0	0
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable	625,000	1,476,000
Special Mention [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable	1,035,000	535,000
Special Mention [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable	0	0
Special Mention [Member] | Commercial Portfolio Segment [Member]
Loans receivable	8,541,000	8,793,000
Special Mention [Member] | Consumer and Other Loans [Member]
Loans receivable	0	0
Substandard [Member]
Loans receivable	23,450,000	18,553,000
Substandard [Member] | Real Estate, Construction [Member]
Loans receivable	4,520,000	3,820,000
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable	10,249,000	6,469,000
Substandard [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable	3,476,000	2,667,000
Substandard [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable	0	0
Substandard [Member] | Commercial Portfolio Segment [Member]
Loans receivable	4,937,000	4,597,000
Substandard [Member] | Consumer and Other Loans [Member]
Loans receivable	268,000	1,000,000
Doubtful [Member]
Loans receivable	0	0
Doubtful [Member] | Real Estate, Construction [Member]
Loans receivable	0	0
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable	0	0
Doubtful [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, One To Four Family Units [Member]
Loans receivable	0	0
Doubtful [Member] | Residential Portfolio Segment [Member] | Real Estate Residential, Multi Family Units [Member]
Loans receivable	0	0
Doubtful [Member] | Commercial Portfolio Segment [Member]
Loans receivable	0	0
Doubtful [Member] | Consumer and Other Loans [Member]
Loans receivable	$ 0	$ 0

Note 6 - Accounting for Certa_3

Note 6 - Accounting for Certain Loans Acquired (Details Textual) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Provision for Loan Losses	$ 2,294	$ 2,391

Note 6 - Accounting for Certa_4

Note 6 - Accounting for Certain Loans Acquired - Carrying Amount of Certain Loans Acquired in Transfer (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Certain loans acquired in transfer	$ 3,117	$ 3,311
Ending balance: loans acquired with deteriorated credit quality	2,735	2,835
Commercial Real Estate Portfolio Segment [Member]
Certain loans acquired in transfer	2,919	3,069
Ending balance: loans acquired with deteriorated credit quality	2,424	2,651
Commercial Portfolio Segment [Member]
Certain loans acquired in transfer	198	242
Ending balance: loans acquired with deteriorated credit quality	$ 311	$ 184

Note 6 - Accounting for Certa_5

Note 6 - Accounting for Certain Loans Acquired - Carrying Amount of Certain Loans Acquired in Transfer (Details) (Parentheticals) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Fair value adjustment	$ 382	$ 476

Note 6 - Accounting for Certa_6

Note 6 - Accounting for Certain Loans Acquired - Accretable Yield (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Balance at beginning of period	$ (116)	$ 230	$ (69)	$ 265
Additions	0	0	0	0
Accretion	(49)	(47)	(98)	(82)
Reclassification from nonaccretable difference	165	0	167	0
Disposals	0	0	0	0
Balance at end of period	$ 0	$ 183	$ 0	$ 183

Note 7 - Intangible Assets (Det

Note 7 - Intangible Assets (Details Textual) - USD ($)	Jun. 30, 2018	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018	Apr. 02, 2018
Goodwill, Ending Balance		$ 1,434,982	$ 1,434,982
Finite-Lived Intangible Assets, Gross, Total		$ 3,520,000	$ 3,520,000
Hometown Bancshares, Inc. [Member]
Goodwill, Ending Balance				$ 1,400,000	$ 1,400,000
Hometown Bancshares, Inc. [Member] | Core Deposits [Member]
Finite-Lived Intangible Assets, Gross, Total	$ 3,500,000
Finite-Lived Intangible Asset, Useful Life (Year)	7 years

Note 7 - Intangible Assets - Go

Note 7 - Intangible Assets - Goodwill and Other Intangibles (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Goodwill	$ 1,434,982	$ 1,434,982
Gross carrying amount	3,520,000	3,520,000
Accumulated amortization	(1,255,000)	(1,016,000)
Core deposit intangible, net	2,265,410	2,503,910
Remaining balance	$ 3,700,000	$ 3,939,000

Note 7 - Intangible Assets - Es

Note 7 - Intangible Assets - Estimated Remaining Amortization Expense on Intangibles (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Remainder of 2020	$ 238,000
2021	477,000
2022	477,000
2023	477,000
2024	477,000
Therafter	119,000
Core deposit intangible, net	$ 2,265,410	$ 2,503,910

Note 8 - Leases (Details Textua

Note 8 - Leases (Details Textual) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Operating Lease, Right-of-Use Asset	$ 8,764,297	$ 9,052,941
Operating Lease, Liability, Total	8,836,193	9,105,503
Finance Lease, Right-of-Use Asset, after Accumulated Amortization, Total	376,472	438,580
Finance Lease, Liability, Total	$ 376,472	$ 438,580
Minimum [Member]
Lessee, Operating Lease, Renewal Term (Year)	1 year	1 year
Maximum [Member]
Lessee, Operating Lease, Renewal Term (Year)	20 years	20 years

Note 8 - Leases - Lease Expense

Note 8 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Amortization of right-of-use assets	$ 31,132	$ 27,213	$ 62,109	$ 54,858
Interest on lease liabilities	1,943	2,152	4,039	3,872
Operating lease cost	272,108	270,040	544,443	540,082
Sublease income	(12,300)	(12,300)	(24,600)	(22,600)
Total lease costs	$ 292,883	$ 287,105	$ 585,991	$ 576,212
Weighted-average remaining lease term - financing leases (in years) (Year)	3 years		3 years
Weighted-average remaining lease term - operating leases (in years) (Year)	14 years 8 months 12 days		14 years 8 months 12 days
Weighted-average discount rate - financing leases	1.95%		1.95%
Weighted-average discount rate - operating leases	5.64%		5.64%

Note 8 - Leases - Maturities of

Note 8 - Leases - Maturities of Lease Liabilities (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Remainder of: 2020, financing	$ 66,000
Remainder of: 2020, operating	522,000
Remainder of: 2020, total	588,000
2021, financing	132,000
2021, operating	1,020,000
2021, total	1,152,000
2022, financing	126,000
2022, operating	1,011,000
2022, total	1,137,000
2023, financing	53,000
2023, operating	1,002,000
2023, total	1,055,000
2024, financing	10,000
2024, operating	856,000
2024, total	866,000
Thereafter, financing	0
Thereafter, operating	8,979,000
Therafter, total	8,979,000
Total undiscounted future minimum lease cash payments, financing	387,000
Total undiscounted future minimum lease cash payments, operating	13,390,000
Total undiscounted future minimum lease cash payments, Total	13,777,000
Present value discount, financing	(11,000)
Present value discount, operating	(4,554,000)
Present value discount, Total	(4,565,000)
Lease liability, financing	376,472	$ 438,580
Operating lease liabilities	8,836,193	$ 9,105,503
Lease liability, Total	$ 9,212,000

Note 9 - Benefit Plans (Details

Note 9 - Benefit Plans (Details Textual) - USD ($)	Mar. 19, 2020	Feb. 29, 2020	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)			0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value			$ 0	$ 168,225
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value			0	136,275
Share Price (in dollars per share)		$ 23.50
Share-based Payment Arrangement, Noncash Expense, Net of Forfeiture			$ (152)	359,116
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			17,713
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total			$ 739,292
Restricted Stock [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		5,579
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		1 year
Restricted Stock or Unit Expense			$ 69,378	$ 63,039
Restricted Stock [Member] | Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			12,134	9,932
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			3 years	3 years
Restricted Stock Units (RSUs) [Member] | Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	43,700		67,720	105,255
Share Price (in dollars per share)	$ 15.62
Restricted Stock or Unit Expense				$ 215,764
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%
Share-based Payment Arrangement, Noncash Expense, Net of Forfeiture			$ (110,259)
Restricted Stock Awards, Restricted Stock Units and Stock Options [Member]
Share-based Payment Arrangement, Expense			$ 161,174	$ 384,058

Note 9 - Benefit Plans - Restri

Note 9 - Benefit Plans - Restricted Stock (Details) - Restricted Stock [Member]	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Balance of shares non-vested (in shares) | shares	24,378
Balance of shares non-vested, weighted average grant-date price (in dollars per share) | $ / shares	$ 22.75
Granted (in shares) | shares	17,713
Granted, weighted average grant-date price (in dollars per share) | $ / shares	$ 21.84
Vested (in shares) | shares	(11,464)
Vested, weighted average grant-date price (in dollars per share) | $ / shares	$ 22.13
Forfeited (in shares) | shares	(1,732)
Forfeited, weighted average grant-date price (in dollars per share) | $ / shares	$ 23.04
Balance of shares non-vested (in shares) | shares	28,895
Balance of shares non-vested, weighted average grant-date price (in dollars per share) | $ / shares	$ 22.42

Note 9 - Benefit Plans - Perfor

Note 9 - Benefit Plans - Performance Stock Units (Details) - Performance Shares [Member]	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Balance of shares non-vested (in shares) | shares	0
Balance of shares non-vested, weighted average grant-date price (in dollars per share) | $ / shares	$ 0
Granted (in shares) | shares	43,700
Granted (in dollars per share) | $ / shares	$ 15.62
Vested (in shares) | shares	0
Vested, weighted average grant-date price (in dollars per share) | $ / shares	$ 0
Forfeited (in shares) | shares	0
Forfeited, weighted average grant-date price (in dollars per share) | $ / shares	$ 0
Balance of shares non-vested (in shares) | shares	43,700
Balance of shares non-vested, weighted average grant-date price (in dollars per share) | $ / shares	$ 15.62

Note 10 - Income Per Common S_3

Note 10 - Income Per Common Share - Income Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Basic Income Per Common Share	$ 1,883,383	$ 2,428,499	$ 3,988,228	$ 4,548,863
Basic Income Per Common Share (in shares)	4,337,274	4,452,798	4,323,358	4,445,750
Basic Income Per Common Share (in dollars per share)	$ 0.43	$ 0.55	$ 0.92	$ 1.02
Effect of Dilutive Securities, Average Common Shares Outstanding (in shares)	3,477	51,166	20,552	55,631
Diluted Income Per Common Share	$ 1,883,383	$ 2,428,499	$ 3,988,228	$ 4,548,863
Diluted Income Per Common Share (in shares)	4,340,751	4,503,964	4,343,910	4,501,381
Diluted Income Per Common Share (in dollars per share)	$ 0.43	$ 0.54	$ 0.92	$ 1.01

Note 12 - Derivative Financia_3

Note 12 - Derivative Financial Instruments (Details Textual) - USD ($)	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Mar. 31, 2019	Jun. 30, 2017
First Interest Rate Swap [Member]
Derivative, Notional Amount				$ 50,000,000
Derivative, Fixed Interest Rate				2.12%
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent, Total	$ 3,199,386
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax, Parent, Total	1,095,092
Second Interest Rate Swap [Member]
Derivative, Notional Amount			$ 10,300,000
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent, Total	998,121
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax, Parent, Total	341,639
Derivative, Variable Interest Rate			4.09%
Second Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) [Member]
Derivative, Basis Spread on Variable Rate			1.45%
Interest Rate Swap [Member]
Derivative, Notional Amount	$ 50,000,000
Derivative, Fixed Interest Rate	2.12%
Derivative, Collateral, Obligation to Return Cash	$ 5,600,000	$ 1,900,000

Note 12 - Derivative Financia_4

Note 12 - Derivative Financial Instruments - Summary of Derivative Financial Instruments (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Interest Rate Swap [Member]
Notional Amount	$ 50,000,000
Rate Paid	2.12%
Estimated Fair Value	$ (4,294,478)	$ (1,067,935)
Interest Rate Swap - Subordinated Debentures [Member]
Notional Amount	$ 10,310,000
Rate Paid	4.09%
Estimated Fair Value	$ (1,339,760)	$ (560,388)
Interest Rate Swap - Subordinated Debentures [Member] | London Interbank Offered Rate (LIBOR) [Member]
Rate Hedged	1.45%

Note 12 - Derivative Financia_5

Note 12 - Derivative Financial Instruments - Derivative Instruments (Details) - Interest Expense [Member] - Designated as Hedging Instrument [Member] - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest Rate Swap [Member]
Derivative gain (loss)	$ 162,378	$ (129,093)	$ 122,537	$ (59,205)
Interest Rate Swap - Subordinated Debentures [Member]
Derivative gain (loss)	$ 60,031	$ 1,301	$ 38,590	$ 1,301

Note 13 - Disclosures About F_3

Note 13 - Disclosures About Fair Value of Assets and Liabilities (Details Textual) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale, Total	$ 147,022,874	$ 118,245,314
Fair Value, Inputs, Level 3 [Member]
Debt Securities, Available-for-sale, Total	$ 0

Note 13 - Disclosures About F_4

Note 13 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Assets Measured on Recurring Basis (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Available-for-sale securities	$ 147,022,874	$ 118,245,314
US Government Agencies Debt Securities [Member]
Available-for-sale securities	8,543,321	2,487,793
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities	51,279,006	36,174,727
Corporate Debt Securities [Member]
Available-for-sale securities	27,270,933	15,535,187
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Available-for-sale securities	10,796,843	13,811,371
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities	49,132,771	50,236,236
Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities	0
Fair Value, Recurring [Member]
Available-for-sale securities	147,023,000	118,245,000
Interest rate swaps	5,634,000	1,628,000
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities	8,543,000	2,488,000
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities	51,279,000	36,175,000
Fair Value, Recurring [Member] | Corporate Debt Securities [Member]
Available-for-sale securities	27,271,000	15,535,000
Fair Value, Recurring [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Available-for-sale securities	10,797,000	13,811,000
Fair Value, Recurring [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities	49,133,000	50,236,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities	0	0
Interest rate swaps	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	147,023,000	118,245,000
Interest rate swaps	5,634,000	1,628,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities	8,543,000	2,488,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities	51,279,000	36,175,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Available-for-sale securities	27,271,000	15,535,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Available-for-sale securities	10,797,000	13,811,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities	49,133,000	50,236,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities	0	0
Interest rate swaps	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
Available-for-sale securities	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Available-for-sale securities	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities	$ 0	$ 0

Note 13 - Disclosures About F_5

Note 13 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Assets Measured on Non-recurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Impaired loans, fair value	$ 2,689	$ 1,483
Foreclosed assets held for sale, fair value	471	233
Fair Value, Inputs, Level 1 [Member]
Impaired loans, fair value	0	0
Foreclosed assets held for sale, fair value	0	0
Fair Value, Inputs, Level 2 [Member]
Impaired loans, fair value	0	0
Foreclosed assets held for sale, fair value	0	0
Fair Value, Inputs, Level 3 [Member]
Impaired loans, fair value	2,689	1,483
Foreclosed assets held for sale, fair value	$ 471	$ 233

Note 13 - Disclosures About F_6

Note 13 - Disclosures About Fair Value of Assets and Liabilities - Fair Value Quantitative Information (Details) - Fair Value, Inputs, Level 3 [Member] - Valuation, Market Approach [Member] $ in Thousands	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Impaired loans (collateral dependent)	$ 2,689	$ 1,483
Foreclosed assets held for sale	$ 471	$ 233
Minimum [Member]
Impaired loans (collateral dependent)	0	0
Foreclosed assets held for sale	0.04	0.30
Maximum [Member]
Impaired loans (collateral dependent)	0.01	1
Foreclosed assets held for sale	0.57	0.30
Weighted Average [Member]
Impaired loans (collateral dependent)	0.19	0.22
Foreclosed assets held for sale	0.24	0.30

Note 13 - Disclosures About F_7

Note 13 - Disclosures About Fair Value of Assets and Liabilities - Fair Value of Financial Instruments (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Interest-bearing demand deposits in other financial institutions	$ 106,952,951	$ 87,557,842
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	113,625,054	92,671,909
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Interest-bearing demand deposits in other financial institutions	7,700,000	250,000
Federal Home Loan Bank stock	3,852,100	3,757,500
Mortgage loans held for sale	9,403,564	2,786,564
Interest receivable	4,870,504	3,511,875
Deposits	930,956,161	821,406,532
Federal Home Loan Bank advances	66,000,000	65,000,000
Interest payable	708,791	793,746
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans, net	772,358,001	720,732,402
Subordinated debentures	15,465,000	15,465,000
Note payable to bank	11,300,000	11,200,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	113,625,054	92,671,909
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Interest-bearing demand deposits in other financial institutions	7,700,000	250,315
Federal Home Loan Bank stock	3,852,100	3,757,500
Mortgage loans held for sale	9,403,564	2,786,564
Interest receivable	4,870,504	3,511,875
Deposits	932,681,578	822,046,988
Federal Home Loan Bank advances	65,935,851	66,015,635
Interest payable	708,791	793,746
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans, net	782,302,216	723,363,117
Subordinated debentures	15,465,000	15,465,000
Note payable to bank	$ 11,300,000	$ 11,200,000

Note 15 - Concentration of Ca_2

Note 15 - Concentration of Cash Holdings (Details Textual) $ in Millions	Jun. 30, 2020USD ($)
Cash, Uninsured Amount	$ 83

Note 16 - Subsequent Events (De

Note 16 - Subsequent Events (Details Textual) - Subsequent Event [Member] - USD ($) $ in Millions	Jul. 30, 2020	Jul. 29, 2020
The “Notes” [Member]
Debt Instrument, Face Amount		$ 20
Debt Instrument, Interest Rate, Stated Percentage		5.25%
Debt Instrument, Redemption Price, Percentage		100.00%
The “Notes” [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		5.19%
Notes Issued to Partially Fund Acquisition [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%
Repayments of Long-term Debt, Total	$ 11.2
Notes Issued to Partially Fund Acquisition [Member] | Minimum [Member]
Debt Instrument, Interest Rate, Effective Percentage	4.00%