Ottawa Savings Bancorp 10-K 30 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 30, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Ottawa Savings Bancorp, Inc.
Trading Symbol	ottw
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		2,894,123
Entity Public Float			$ 9,049,963
Amendment Flag	false
Entity Central Index Key	1,321,070
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 2,096,966	$ 2,053,117
Interest bearing deposits	5,038,753	3,140,118
Total cash and cash equivalents	7,135,719	5,193,235
Time deposits	250,000	854,861
Federal funds sold	1,604,000	1,662,000
Securities available for sale	46,984,907	52,772,108
Non-marketable equity securities	1,358,121	1,780,674
Loans, net of allowance for loan losses of $2,224,006 and $2,314,607 at December 31, 2015 and 2014, respectively	140,110,201	142,501,513
Premises and equipment, net	7,058,047	7,040,228
Accrued interest receivable	775,641	881,612
Foreclosed real estate	313,368	232,650
Deferred tax assets	2,725,354	3,055,068
Cash value of life insurance	2,195,424	2,148,043
Goodwill	649,869	649,869
Core deposit intangible	451,000	567,000
Other assets	1,951,700	2,386,030
Total assets	213,563,351	221,724,891
Deposits:
Non-interest bearing	10,325,832	8,198,356
Interest bearing	166,409,076	174,034,663
Total deposits	176,734,908	182,233,019
Accrued interest payable	394	369
FHLB advances	2,139,117	5,483,036
Other liabilities	3,600,655	3,876,053
Total liabilities	$ 182,475,074	$ 191,592,477
Commitments and contingencies (Note 15)
Redeemable common stock held by ESOP plan	$ 376,543	$ 424,730
Stockholders' Equity
Common stock, $.01 par value, 12,000,000 shares authorized; 3,001,055 shares issued at December 31, 2015 and 2014	30,010	30,010
Additional paid-in-capital	15,845,341	15,830,623
Retained earnings	16,194,374	15,423,412
Unallocated ESOP shares	(203,504)	(254,380)
Unearned management recognition plan shares	(3,751)	(12,388)
Accumulated other comprehensive income	437,925	327,255
	32,300,395	31,344,532
Less:
Treasury stock, at cost; 106,932 shares	(1,212,118)	(1,212,118)
Maximum cash obligation related to ESOP shares	(376,543)	(424,730)
Total stockholders' equity	30,711,734	29,707,684
Total liabilities and stockholders' equity	$ 213,563,351	$ 221,724,891

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses (in Dollars)	$ 2,224,006	$ 2,314,607
Common stock par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	12,000,000	12,000,000
Common stock, shares issued	3,001,055	3,001,055
Treasury shares shares	106,932	106,932

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest and dividend income:
Interest and fees on loans	$ 6,833,098	$ 5,734,079
Securities:
Residential mortgage-backed and related securities	630,654	526,915
State and municipal securities	567,562	286,878
Dividends on non-marketable equity securities	8,436	6,590
Interest-bearing deposits	14,494	2,624
Total interest and dividend income	8,054,244	6,557,086
Interest expense:
Deposits	864,815	951,320
Borrowings	42,236	1,259
Total interest expense	907,051	952,579
Net interest income	7,147,193	5,604,507
Provision for loan losses	270,178	901,000
Net interest income after provision for loan losses	6,877,015	4,703,507
Other income:
Gain on sale of securities	37,475	42,054
Gain on sale of loans	227,337	55,837
Gain on sale of OREO	227,907	84,208
Gain on sale of repossessed assets	10,650	17,379
Origination of mortgage servicing rights, net of amortization	14,108	5,499
Customer service fees	448,963	304,117
Income on bank owned life insurance	47,381	51,862
Other	171,470	109,609
Total other income	1,185,291	670,565
Other expenses:
Salaries and employee benefits	3,082,430	1,853,740
Directors fees	163,016	100,800
Occupancy	656,560	506,778
Deposit insurance premium	179,417	136,379
Legal and professional services	353,651	541,860
Data processing	1,423,119	328,097
Loss on sale of securities	33,149	17,234
Valuation adjustments and expenses on foreclosed real estate	171,739	55,119
Loss on sale of OREO	23,176	26,228
Loss on sale of repossessed assets	15,814	2,920
Other	943,468	653,321
Total other expenses	7,045,539	4,222,476
Income before income tax expense	1,016,767	1,151,596
Income tax expense	245,805	347,279
Net income	$ 770,962	$ 804,317
Basic earnings per share (in Dollars per share)	$ 0.27	$ 0.39
Diluted earnings per share (in Dollars per share)	$ 0.27	$ 0.38

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net income	$ 770,962	$ 804,317
Securities available for sale:
Unrealized holding gains arising during the period	188,705	566,503
Reclassification adjustment for (gains) included in net income	(4,326)	(24,820)
Other comprehensive income, before tax	184,379	541,683
Income tax expense related to items of other comprehensive income	73,709	209,943
Other comprehensive income, net of tax	110,670	331,740
Comprehensive income	$ 881,632	$ 1,136,057

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	MRP Stock Awards [Member]Unearned MRP Shares [Member]	MRP Stock Awards [Member]	RRP Stock Options [Member]Additional Paid-in Capital [Member]	RRP Stock Options [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unallocated ESOP Shares [Member]	Unearned MRP Shares [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Maximum Cash Obligation Related to ESOP Shares [Member]	Total
Balance at Dec. 31, 2013					$ 22,249	$ 8,706,921	$ 14,619,095	$ (305,256)	$ (21,024)	$ (4,485)	$ (1,212,118)	$ (319,090)	$ 21,486,292
Net income							804,317						804,317
Other comprehensive income										331,740			331,740
Allocation						(3,943)		50,876					46,933
Compensation expense on MRP awards granted	$ 8,636	$ 8,636	$ 10,406	$ 10,406
Change related to ESOP shares cash obligation												(105,640)	(105,640)
Issuance of 776,144 shares of common stock to Ottawa Savings Bancorp, MHC					7,761	7,117,239							7,125,000
Balance at Dec. 31, 2014					30,010	15,830,623	15,423,412	(254,380)	(12,388)	327,255	(1,212,118)	(424,730)	29,707,684
Net income							770,962						770,962
Other comprehensive income										110,670			110,670
Allocation						4,311		50,876					55,187
Compensation expense on MRP awards granted	$ 8,637	$ 8,637	$ 10,407	$ 10,407
Change related to ESOP shares cash obligation												48,187	48,187
Balance at Dec. 31, 2015					$ 30,010	$ 15,845,341	$ 16,194,374	$ (203,504)	$ (3,751)	$ 437,925	$ (1,212,118)	$ (376,543)	$ 30,711,734

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Parentheticals) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Allocation of ESOP shares	5,087	5,088
Issuance of shares of common stock to Ottawa Savings Bancorp, MHC		776,144

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash Flows from Operating Activities
Net income	$ 770,962	$ 804,317
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	225,787	184,160
Provision for loan losses	270,178	901,000
Provision for deferred income taxes	256,005	54,247
Net amortization of premiums and discounts on securities	701,590	523,021
Gain on sale of securities, net	(4,326)	(24,820)
Origination of mortgage loans held for sale	(7,629,607)	(3,056,550)
Proceeds from sale of mortgage loans held for sale	7,856,944	3,112,387
Gain on sale of loans, net	(227,337)	(55,837)
Origination and purchase of mortgage servicing rights, net of amortization	(14,108)	(5,499)
Gain on sale of foreclosed real estate, net	(204,731)	(57,980)
Write down of foreclosed real estate	77,770
Loss (gain) on sale of repossessed assets, net	5,164	(14,459)
ESOP compensation expense	55,187	46,933
MRP compensation expense	8,637	8,636
Compensation expense on RRP options granted	10,407	10,406
Amortization of core deposit intangible	116,000
Amortization (accretion) of fair value adjustments on acquired:
Loans	224,550
Certificates of deposit	(104,000)
Federal Home Loan Bank Advances	(21,771)
Increase in cash surrender value of life insurance	(47,381)	(51,862)
Change in assets and liabilities:
Decrease in accrued interest receivable	105,971	15,053
Decrease (increase) in other assets	404,315	(353,490)
Increase (decrease) in accrued interest payable and other liabilities	(275,373)	158,358
Net cash provided by operating activities	2,560,833	2,198,021
Securities available for sale:
Purchases	(9,481,877)	(3,809,868)
Sales, calls, maturities and paydowns	14,756,193	9,484,995
Sale of non-marketable equity securities	422,553
Net decrease in time deposits	604,861
Net decrease (increase) in loans	622,276	(3,172,110)
Net decrease in federal funds sold	58,000	2,408,000
Cash received in bank acquisition		2,031,791
Proceeds from sale of foreclosed real estate	1,229,951	539,391
Proceeds from sale of repossessed assets	129,559	67,120
Purchase of premises and equipment	(243,606)	(13,915)
Net cash provided by investing activities	8,097,910	7,535,404
Cash Flows from Financing Activities
Net decrease in deposits	(5,394,111)	(13,146,030)
Proceeds from Federal Home Loan Bank advances		4,000,000
Principal reduction of Federal Home Loan Bank advances	(3,322,148)	(2,000,000)
Net cash used in financing activities	(8,716,259)	(11,146,030)
Net increase (decrease) in cash and cash equivalents	1,942,484	(1,412,605)
Cash and cash equivalents:
Beginning of period	5,193,235	6,605,840
End of period	7,135,719	5,193,235
Cash payments for:
Income taxes paid, net of refunds received	(48,000)	336,000
Supplemental Schedule of Noncash Investing and Financing Activities
Real estate acquired through or in lieu of foreclosure	1,215,708	485,475
Other assets acquired in settlement of loans	90,600	108,850
Sale of foreclosed real estate through loan origination	32,000	356,200
(Decrease) increase in ESOP put option liability	(48,187)	105,640
	2,015	2,014
Goodwill	649,869	649,869
Interest Paid to Depositors [Member]
Cash payments for:
Interest paid	864,790	951,533
Interest Paid on Borrowings [Member]
Cash payments for:
Interest paid	$ 42,236	1,259
Twin Oaks [Member]
Supplemental Schedule of Noncash Investing and Financing Activities
Total cash and cash equivalents		2,031,791
Time deposits		854,861
Federal funds sold		440,000
Securities available for sale		23,856,673
Non-marketable equity securities		547,138
Loans		29,795,910
Premises and equipment, net		759,064
Accrued interest receivable		243,972
Deferred tax assets		869,186
Income tax refunds receivable		48,000
Goodwill		649,869
Core deposit intangible		567,000
Other assets		236,745
Total assets acquired		60,900,209
Deposits		49,610,398
Accrued interest payable		51
FHLB Advances		3,483,036
Other liabilities		681,724
Total liabilities assumed		53,775,209
Common stock issued for bank acquisition		$ 7,125,000

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Note 1. Summary of Significant Accounting Policies Entity structure In 2005, the Board of Directors of the Bank unanimously adopted a plan of conversion providing for the conversion of the Bank from an Illinois chartered mutual savings bank to a federally chartered stock savings bank and the purchase of all of the common stock of the Bank by the Company. The depositors of the Bank approved the plan at a meeting held in 2005. In adopting the plan, the Board of Directors of the Bank determined that the conversion was advisable and in the best interests of its depositors and the Bank. The conversion was completed in 2005 when the Company issued 1,223,701 shares of common stock to Ottawa Savings Bancorp MHC (a mutual holding company), and 1,001,210 shares of common stock to the public. On December 31, 2014, the Company completed a merger with Twin Oaks Savings Bank (“Twin Oaks”), whereby Twin Oaks was merged with and into the Bank, with the Bank as the surviving institution (See Note 2 for additional information). As part of the merger agreement, the Company issued 776,144 shares of common stock to Ottawa Savings Bancorp, MHC. As of December 31, 2015, Ottawa Savings Bancorp MHC holds 1,999,845 shares of common stock, representing 69.1% of the Company’s common shares outstanding. Nature of business The primary business of the Company is the ownership of the Bank. Through the Bank, the Company is engaged in providing a variety of financial services to individual and corporate customers in the Ottawa, Marseilles, and Morris, Illinois areas, which are primarily agricultural areas consisting of several rural communities with small to medium sized businesses. The Bank’s primary source of revenue is interest and fees related to single-family residential loans to middle-income individuals. Principles of consolidation The accompanying consolidated financial statements include the accounts of Ottawa Savings Bancorp, Inc. (the Company) and its wholly owned subsidiary Ottawa Savings Bank (the Bank). All significant intercompany transactions and balances are eliminated in consolidation. Reclassifications Use of estimates In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the fair value of securities available for sale, the determination of the allowance for loan losses, valuation of deferred income taxes, the determination of the liability for postretirement benefits, and the fair value measurement for the assets and liabilities. Concentration of credit risk Most of the Bank’s business activity is with customers within the Ottawa, Marseilles, and Morris areas. The Bank does not have any significant concentrations to any one industry or customer. Cash and cash equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and amounts due from banks, including cash items in process of clearing. Cash flows from loans, deposits, and federal funds sold or purchased are treated as net increases or decreases in the statement of cash flows. The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents. Time deposits Time deposits held at other financial institutions are carried at cost and include any time deposits with an original maturity of greater than three months. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on time deposits. Investment securities Debt securities classified as available for sale are those debt securities that the Company intends to hold for an indefinite period of time, but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in maturity mix of the Company's assets and liabilities, liquidity needs, regulatory capital considerations and other similar factors. Securities available for sale are carried at fair value. The difference between the fair value and amortized cost, adjusted for amortization of premium and accretion of discounts, computed by the interest method over their contractual maturity, results in an unrealized gain or loss. Unrealized gains or losses are reported as accumulated other comprehensive income (loss), net of the related deferred tax effect and are included as a component of stockholders' equity. Gains or losses from the sale of securities are determined using the specific identification method and are included in earnings. Declines in the fair value of available for sale securities below their amortized cost basis that are deemed to be other than temporary are reflected in earnings as realized losses. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. In addition, management monitors market trends and current events in order to identify trends and circumstances that might impact the carrying value of securities. To determine if an “other-than-temporary” impairment (OTTI) exists on an investment security, the Company first determines if (a) it intends to sell the security or (b) it is more likely than not that it will be required to sell the security before its anticipated recovery. If either of the conditions is met, the Company will recognize an “other-than-temporary” impairment in earnings equal to the difference between the security’s fair value and its adjusted cost basis. If neither of the conditions is met, the Company determines (a) the amount of the impairment related to credit loss and (b) the amount of the impairment due to Non-marketable equity securities Investments in the Federal Home Loan Bank of Chicago, Bankers Bank of Wisconsin, and the Upper Illinois River Valley Development Corporation are carried at cost and periodically evaluated for impairment. Loans The Bank primarily lends to small and mid-sized businesses, non-residential real estate customers and consumers providing mortgage, commercial and consumer loans. A substantial portion of the loan portfolio is represented by mortgage loans throughout Ottawa, Illinois and the surrounding area. The ability of the Bank’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in this area. It is the Bank’s policy to review each prospective credit in order to determine the appropriateness and the adequacy of security or collateral prior to making a loan. In the event of borrower default, the Bank seeks recovery in compliance with state lending laws, the Bank’s lending standards, and credit monitoring and remediation procedures. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are generally reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield over the contractual life of the loan using the interest method. The following portfolio segments and classes of loan receivables have been identified by the Company: • Commercial • Non-residential real estate • One-to-four family residential real estate • Multi-family residential real estate • Consumer direct • Purchased auto loans Generally, for all classes of loans receivable, loans are considered past due when contractual payments are delinquent for 31 days or greater. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. For all classes of loans receivable, loans are placed on nonaccrual status when the loan has become over 90 days past due (unless the loan is well secured and in the process of collection). When a loan is placed on nonaccrual status, income recognition is ceased. Previously recorded but uncollected amounts of interest on nonaccrual loans are reversed at the time the loan is placed on nonaccrual status. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Should full collection of principal be expected, cash collected on nonaccrual loans can be recognized as interest income. For all classes of loans receivable, nonaccrual loans may be restored to accrual status provided the following criteria are met: • The loan is current, and all principal and interest amounts contractually due have been made, • All principal and interest amounts contractually due, including past due payments, are reasonably assured of repayment within a reasonable period, and • There is a period of minimum repayment performance, as follows, by the borrower in accordance with contractual terms: • Six months of repayment performance for contractual monthly payments, or • One year of repayment performance for contractual quarterly or semi-annual payments. Troubled debt restructuring exists when the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession (either imposed by court order, law, or agreement between the borrower and the Company) to the borrower that it would not otherwise consider. The Company is attempting to maximize its recovery of the balances of the loans through these various concessionary restructurings. The following criteria, related to granting a concession, together or separately, create a troubled debt restructuring: • A modification of terms of a debt such as one or a combination of: • The reduction of the stated interest rate to a rate lower than the current market rate for new debt with similar risk. • The extension of the maturity date or dates at a stated interest rate lower than the current market rate for new debt with similar risk. • The reduction of the face amount or maturity amount of the debt as stated in the instrument or other agreement. • The reduction of accrued interest. • A transfer from the borrower to the Company of receivables from third parties, real estate, other assets, or an equity position in the borrower to fully or partially satisfy a loan. Allowance for loan losses For all portfolio segments, the allowance for loan losses is an amount necessary to absorb known and inherent losses that are both probable and reasonably estimable and is established through a provision for loan losses charged to earnings. Loan losses, for all portfolio segments, 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. For all portfolio segments, 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 affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. In addition, regulatory agencies, as an integral part of their examination process, periodically review the allowance for loan losses and may require the Company to make additions to the allowance based upon their judgment about information available to them at the time of their examinations. The general component consists of quantitative and qualitative factors and covers non-impaired loans. The quantitative factors are based on historical loss experience adjusted for qualitative factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company using the most recent twelve quarters with heavier weighting given to the most recent quarters. For performing credits acquired from Twin Oaks on December 31, 2014, the historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by Twin Oaks prior to the merger and by the Company after the merger using the most recent sixteen quarters with heavier weighting given to the most recent quarters. This actual loss experience is supplemented with other qualitative factors based on the risks present for each portfolio segment. These qualitative factors include consideration of the following: ● Levels of and trends in delinquencies and impaired loans ● Levels of and trends in charge-offs and recoveries ● Trends in volume and terms of loans ● Effects of any changes in risk selection and underwriting standards ● Other changes in lending policies, procedures and practices ● Experience, ability and depth of lending management and other relevant staff ● National and local economic trends and conditions ● Industry conditions ● Effects of changes in credit concentrations A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and non-residential loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. A discussion of the risk characteristics and the allowance for estimated losses on loans, by each portfolio segment, follows: For commercial loans, the Company focuses on small and mid-sized businesses that have annual revenues below $5,000,000 with primary operations as wholesalers, manufacturers, building contractors, business services companies, and retailers. The Company provides a wide range of commercial loans, including lines of credit for working capital and operational purposes, and term loans for the acquisition of facilities, equipment and other purposes. The Company also originates commercial loans through Bankers Health Group (BHG). BHG specializes in loans to healthcare professionals of all specialties throughout the United States. The loans for BHG are primarily comprised of working capital and equipment loans. We underwrite these loans based on our criteria and service the loans in-house. Approval is generally based on the following factors: • Ability and stability of current management of the borrower; • Stable earnings with positive financial trends; • Sufficient cash flow to support debt repayment; • Earnings projections based on reasonable assumptions; • Financial strength of the industry and business; and • Value and marketability of collateral. Collateral for commercial loans generally includes accounts receivable, inventory, and equipment. The lending policy specifies approved collateral types and corresponding maximum advance percentages. The value of collateral pledged on loans must exceed the loan amount by a margin sufficient to absorb potential erosion of its value in the event of foreclosure and cover the loan amount plus costs incurred to convert it to cash. The lending policy specifies maximum term limits for commercial loans. For term loans, the maximum term is 5 years. Generally, term loans range from 3 to 5 years. For lines of credit, the maximum term is 365 days. In addition, the Company often takes personal guarantees as support for repayment. Loans may be made on an unsecured basis if warranted by the overall financial condition of the borrower. Non-residential real estate loans are subject to underwriting standards and processes similar to commercial loans, in addition to those standards and processes specific to real estate loans. Collateral for non-residential real estate loans generally includes the underlying real estate and improvements, and may include additional assets of the borrower. The lending policy specifies maximum loan-to-value limits based on the category of non-residential real estate (non-residential real estate loans on improved property, raw land, land development, and commercial construction). These limits are the same limits established by regulatory authorities. The lending policy also includes guidelines for real estate appraisals, including minimum appraisal standards based on certain transactions. In addition, the Company often takes personal guarantees as support for repayment. Some of the non-residential loans that the Company originates finance the construction of residential dwellings and land development. For land development, the loans generally can be made with a maximum loan to value ratio of 70% and a maximum term up to 10 years. Additionally, the Company will underwrite commercial construction loans for commercial development projects including condominiums, apartment buildings, single-family subdivisions, single-family speculation loans, as well as owner-occupied properties used for business. These loans provide for payment of interest only during the construction phase and may, in the case of an apartment or commercial building, convert to a permanent loan upon completion. In the case of a single family subdivision or construction or builder loan, as individual lots are sold, the principal balance is reduced by a minimum of 80% of the net lot sales price. In the case of a commercial construction loan, the construction period may be from nine months to two years. Loans are generally made to a maximum of 70% of the appraised value as determined by an appraisal of the property made by an independent state certified general real estate appraiser. Periodic inspections are required of the property during the term of the construction loan for both residential and commercial construction loans. For commercial and non-residential real estate loans, the allowance for estimated losses on loans consists of specific and general components. For loans that are considered impaired as defined above, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The Company hires an independent firm to perform a loan review every 16-24 months to validate the risk ratings on selected commercial and non-residential loans. Additionally, the reviews include an analysis of debt service requirements, covenant compliance, if applicable, and collateral adequacy. They also perform a documentation review on selected loans to determine if the credit is properly documented and closed in accordance with approval authorities and conditions. The next review will occur during the first quarter of 2016. Generally, the Company’s one-to-four family real estate loans conform to the underwriting standards of Freddie Mac and Fannie Mae which would allow the Company the ability to resell the loans in the secondary market. The Company structures most loans that will not conform to those underwriting requirements as adjustable rate mortgages that adjust in one, three or five year increments and retains those in its portfolio. The board approved lending policy establishes minimum appraisal and credit underwriting guidelines, The Company also participates with the USDA Rural Development Company to offer loans to qualifying borrowers. USDA guaranteed loans are granted up to 100% of the appraised value and the USDA guarantees up to 90% of the loan. These loans typically require no down payment, but are subject to maximum income limitations. The Company also originates loans for multi-family dwellings. These loans follow board and regulatory approved underwriting guidelines similar to commercial loans, in addition to those standards and processes specific to real estate loans. Collateral for multi-family real estate loans generally includes the underlying real estate and improvements, and may include additional assets of the borrower. The board approved lending policy specifies maximum loan-to-value limits based on the type of property. The lending policy also includes guidelines for real estate appraisals, including minimum appraisal standards based on certain transactions. The policy also specifies minimum ongoing credit administration procedures including the collection of financial statements, tax returns and rent rolls when applicable. Additionally, the Company will take personal guarantees and cross collateralize other assets of the guarantors as support for repayment. The Company provides many types of installment and other consumer loans including motor vehicle, home improvement, share loans, personal unsecured loans, home equity, and small personal credit lines. The lending policy addresses specific credit guidelines by consumer loan type. Unsecured loans generally have a maximum borrowing limit of $25,000 and a maximum term of four years. The procedures for underwriting consumer loans include an assessment of the applicant’s payment history on other debts and ability to meet existing obligations and payments on the proposed loans. Although the applicant’s credit-worthiness is a primary consideration, the underwriting process also includes a comparison of the value of the collateral, if any, to the proposed loan amount. The Company purchases auto loans from regulated financial institutions. These types of loans are primarily low balance individual auto loans. The Company reviews the loans at least three days prior to the purchase. Any specific loan can be refused within thirty days of the sale of any given loan pool. For residential real estate loans, multi-family, consumer direct loans (e.g. installment, in-house auto, other consumer loans, etc.) and purchased auto loans, the allowance for estimated losses on loans consists of a specific and general component. The specific component is evaluated for only loans that are classified as impaired, which is based on current information and events if it is probable that the company will be unable to collect the scheduled payments according to the terms of the agreement. Impairment on these is measured on a case-by-case basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. For large groups of smaller balance homogenous loans that are under 90 days past due, they are collectively evaluated for impairment. To determine the general component, the Company applies quantitative factors based on historical charge-off experience in total for each segment. Additionally, the historical loss factors are adjusted based on qualitative factors determined by the Company which impact each segment. Residential real estate loans, multi-family real estate loans, consumer direct loans and purchased auto loans are not risk ranked individually. These loans are only classified when the borrower is 90 days or more past due or if the borrower has another loan with the Company that is over 90 days past due and dependent upon the same collateral. Under such circumstances, all of the loans connected with the collateral are classified as substandard and these loans are evaluated for impairment. Troubled debt restructurings are considered impaired loans and are subject to the same allowance methodology as described above for impaired loans by portfolio segment. Loans Acquired in a Transfer FASB ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality, The Company considered expected prepayments and estimated the total expected cash flows, which included undiscounted expected principal and interest. The excess of that amount over the fair value of the loan is referred to as accretable yield. Accretable yield is recognized an interest income on a constant yield basis over the expected life of the loan. The excess of the contractual cash flows over expected cash flows is referred to as non-accretable difference and is not accreted into income. Over the life of the loan, the Company continues to estimate expected cash flows. Subsequent decreases in expected cash flows are recognized as impairments in the current period through the allowance for loan losses. Subsequent increases in cash flows to be collected are first used to reverse any existing valuation allowance and any remaining increases are recognized prospectively through an adjustment of the loan’s yield over its remaining life. FASB ASC Topic 310-20, Nonrefundable Fees and Other Costs, Servicing Servicing assets are recognized as separate assets when rights are acquired through purchase or through sale of financial assets. For sales of mortgage loans, a portion of the cost of originating the loan is allocated to the servicing right based on fair value. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. Capitalized servicing rights are amortized into non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights into tranches based on predominant risk characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the capitalized amount for the tranche. If the Company later determines that all or a portion of the impairment no longer exists for a particular tranche, a reduction of the allowance may be recorded as an increase to income. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income. Transfers of financial assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Foreclosed real estate Real estate properties acquired through, or in lieu of, loan foreclosure are initially recorded at fair value less estimated costs to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less estimated cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in other expenses. The carrying value of foreclosed residential real estate property as of December 31, 2015 and 2014, was $313,368 and $232,650, respectively. There were four residential real estate loans in the process of foreclosure as of December 31, 2015, totaling approximately $234,000 and 32 residential real estate loans in the process of foreclosure as of December 31, 2014, totaling approximately $1.3 million. Income taxes Deferred income tax assets and liabilities are computed quarterly for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to amounts which are more likely than not realizable. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation process, if any. A tax position that meets the more likely than not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more likely than not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company has no uncertain tax positions for which a liability has been recorded. The Company is no longer subject to examination by federal or state taxing authorities for the tax year 2011 and the years prior. Premises and equipment Land is carried at cost. Premises and equipment are carried at cost, less accumulated depreciation. Premises and equipment are depreciated using the straight-line and accelerated depreciation methods over the estimated useful lives of the assets: Years Buildings 5 - 50 Furniture and equipment 5 - 39 Employee stock ownership plan The Bank has an employee stock ownership plan (ESOP) covering substantially all employees. The cost of shares issued to the ESOP but not yet allocated to participants is presented in the consolidated balance sheets as a reduction of stockholders’ equi

Note 2 - Acquisition

Note 2 - Acquisition	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Note 2. Acquisition The Merger is accounted for using the acquisition method of accounting, and accordingly, the assets acquired and liabilities assumed were recognized at fair value on the date the transaction was completed. Under this method of accounting, the Bank and Twin Oaks are treated as one company from the merger date forward, and we have recorded the fair value of Twin Oaks’ assets (including intangible assets which arise from either contractual or other legal rights) and liabilities on our consolidated financial statements. Since the merger was completed at the close of business on December 31, 2014, there was no effect on the consolidated statement of operations for the year ending December 31, 2014. The following table summarizes the fair value of the acquired assets and liabilities as of December 31, 2014: 2014 Assets Total cash and cash equivalents $ 2,031,791 Time deposits 854,861 Federal funds sold 440,000 Securities available for sale 23,856,673 Non-marketable equity securities 547,138 Loans 29,795,910 Premises and equipment, net 759,064 Accrued interest receivable 243,972 Deferred tax assets 869,186 Goodwill 649,869 Core deposit intangible 567,000 Other assets 284,745 Total assets acquired $ 60,900,209 Liabilities Deposits $ 49,610,398 Accrued interest payable 51 FHLB Advances 3,483,036 Other liabilities 681,724 Total liabilities assumed $ 53,775,209 $ 7,125,000 Total acquisition related costs included in other noninterest expenses in the consolidated statement of operations for the years ended December 31, 2015 and 2014 were approximately $850,000 and $395,000, respectively. For 2015, the acquisition related costs are related to the merge of the core processing systems and include a one-time early termination fee paid to Twin Oak’s former processor of $485,000. In 2014, the costs were primarily legal expenses. Based on the acquisition date fair values of the assets acquired and the fair values of the assumed liabilities, the Company recorded goodwill of $649,869, none of which is expected to be tax deductible. The goodwill resulting from the acquisition primarily consists of the economies of scale expected from combining operations. Total loans acquired in the acquisition were recorded at a fair value of $29,795,910 and had a contractual amount due of $31,831,910 as of the acquisition date which was December 31, 2014. FAS B ASC 310-20 , Nonrefundable Fees and Other Costs , Loans acquired with deteriorated credit quality and accounted for under FASB ASC Topic 310-30 as of the acquisition date had a contractual balance due of approximately $3,194,000 and an estimated fair value of approximately $1,324,000. The estimate of the contractual cash flows not expected to be collected due to credit quality was approximately $1,870,000 which consists of an accretable discount of $(362,000) and non-accretable discount of $(1,508,000). The following table reflects activity for the loans acquired with deteriorated credit quality for the year ended December 31, 2015: Balance, beginning of year $ 1,323,647 Payment activity (545,936 ) Accretion into interest income 120,406 Charge-offs (19,810 ) Transfer to OREO (302,702 ) $ 575,605 The contractual amount outstanding for the loans acquired with deteriorated credit quality totaled $1,208,000 and $3,194,000 as of December 31, 2015 and December 31, 2014, respectively. The following table reflects activity in the accretable yield for the loans acquired with deteriorated credit quality for the year ended December 31, 2015: Balance, beginning of year $ 362,000 Net reclassification from non-accretable yield 38,822 Accretion into interest income (120,406 ) Disposals (105,074 ) $ 175,342 Supplemental Pro Forma Results The following schedule includes pro forma unaudited results for the period ended December 31, 2014, as if the acquisition had occurred as of January 1, 2014. The pro forma information is provided for illustrative purposes only and is not indicative of the results of operations or financial condition that would have been achieved if the acquisition would have taken place at the beginning of the period presented and should not be taken as indicative of the Company’s future consolidated results of operations or financial condition. 2014 (unaudited) (Dollar amounts in thousands) Net interest income after provision for loan losses $ 7,521 Total other income 943 Total revenue 8,464 Net income $ 139 Net pro forma adjustments of $33,000 was added to net income to reflect the net effect of purchase accounting adjustments amortized over the appropriate time frame.

Note 3 - Restrictions on Cash a

Note 3 - Restrictions on Cash and Amounts Due from Banks	12 Months Ended
	Dec. 31, 2015
Restrictions On Cash And Amounts Due From Banks [Abstract]
Restrictions On Cash And Amounts Due From Banks [Text Block]	Note 3. Restrictions on Cash and Amounts Due from Banks At December 31, 2015 and 2014, the Bank was not required to maintain a minimum average balance on hand with the Federal Reserve Bank.

Note 4 - Investment Securities

Note 4 - Investment Securities	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 4 . Investment Securities The amortized cost and fair values of investment securities, with gross unrealized gains and losses, follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value December 31, 2015: Available for Sale State and municipal securities $ 18,733,573 $ 525,089 $ 21,454 $ 19,237,208 Residential mortgage-backed securities 27,532,067 365,558 149,926 27,747,699 $ 46,265,640 $ 890,647 $ 171,380 $ 46,984,907 December 31, 2014: Available for Sale State and municipal securities $ 19,997,846 $ 261,791 $ 34,445 $ 20,225,192 Residential mortgage-backed securities 32,239,374 357,715 50,173 32,546,916 $ 52,237,220 $ 619,506 $ 84,618 $ 52,772,108 At December 31, 2015 and 2014, there were no pledged securities. The amortized cost and fair value at December 31, 2015, by contractual maturity, are shown below. Maturities may differ from contractual maturities in residential mortgage-backed securities because the mortgages underlying the securities may be called or repaid without any penalties. Therefore, stated maturities of residential mortgage-backed securities are not disclosed. Securities Available for Sale Amortized Cost Fair Value Due in three months or less $ 500,000 $ 500,420 Due after three months through one year - - Due after one year through five years 804,421 828,218 Due after five years through ten years 7,717,743 7,951,219 Due after ten years 9,711,409 9,957,351 Residential mortgage-backed securities 27,532,067 27,747,699 $ 46,265,640 $ 46,984,907 There were proceeds of $7.0 million from the sale of securities during 2015 and proceeds of $3.5 million from the sale of securities during 2014, resulting in gross realized gains of $37,475 and $42,054, respectively and gross realized losses of $33,149 and $17,234, respectively, for net realized gains of $4,326 and $24,820, respectively. The tax provision applicable to the realized gains amounted to $1,692 and $9,635, respectively for the years ended December 31, 2015 and 2014. Information pertaining to securities with gross unrealized losses at December 31, 2015 and 2014 aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses December 31, 2015 Securities Available for Sale State and municipal securities $ 169,601 $ 101 $ 436,067 $ 21,353 $ 605,668 $ 21,454 Residential mortgage-backed securities 10,468,746 120,218 1,247,527 29,708 11,716,273 149,926 $ 10,638,347 $ 120,319 $ 1,683,594 $ 51,061 $ 12,321,941 $ 171,380 December 31, 2014 Securities Available for Sale State and municipal securities $ 408,165 $ 93 $ 701,492 $ 34,352 $ 1,109,657 $ 34,445 Residential mortgage-backed securities 2,449,087 21,546 3,468,577 28,627 5,917,664 50,173 $ 2,857,252 $ 21,639 $ 4,170,069 $ 62,979 $ 7,027,321 $ 84,618 Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability to retain and whether it is not more likely than not the Company will be required to sell its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. In analyzing an issuer’s financial condition, management considers whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred, and industry analysts’ reports. At December 31, 2015, 20 securities had unrealized losses with aggregate depreciation of 1.37% from the Company’s amortized cost basis. Because the decline in market value is attributable to changes in interest rates and not credit quality, and because the Company does not intend to sell these securities and it is not more likely than not the Company will be required to sell these securities before recovery of the amortized cost basis, which may be maturity, the Company does not consider these investments to be other than temporarily impaired at December 31, 2015.

Note 5 - Loans and Allowance fo

Note 5 - Loans and Allowance for Credit Losses	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5 . Loans and Allowance for Credit Losses Loans The components of loans, net of deferred loan costs (fees), are as follows: December 31, 2015 December 31, 2014 Mortgage loans: One-to-four family residential loans $ 99,254,737 $ 98,144,990 Multi-family residential loans 3,969,207 3,111,650 Total mortgage loans 103,223,944 101,256,640 Other loans: Non-residential real estate loans 20,177,322 20,928,085 Commercial loans 12,069,815 12,242,145 Consumer direct 1,651,371 1,724,700 Purchased auto 5,211,755 8,664,550 Total other loans 39,110,263 43,559,480 Gross loans 142,334,207 144,816,120 Less: Allowance for loan losses (2,224,006 ) (2,314,607 ) Loans, net $ 140,110,201 $ 142,501,513 The following table reflects the carrying amount of loans acquired in the Twin Oaks merger described in Note 2, which are included in the loan categories above as of December 31, 2015 and 2014: December 31, 2015 December 31, 2014 Mortgage loans: One-to-four family residential loans $ 20,752,355 $ 23,667,808 Multi-family residential loans 294,020 529,147 Total mortgage loans 21,046,375 24,196,955 Other loans: Non-residential real estate loans 2,685,987 3,141,438 Commercial loans 852,077 1,450,602 Consumer direct 541,174 1,006,915 Total other loans 4,079,238 5,598,955 Gross loans 25,125,613 29,795,910 Less: Allowance for loan losses (85,000 ) - Loans, net $ 25,040,613 $ 29,795,910 Purchases of loans receivable, segregated by class of loans, for the periods indicated were as follows: Years Ended December 31, 2015 2014 One-to-four family $ 2,000,000 $ - Purchased auto loans - 4,038,145 $ 2,000,000 $ 4,038,145 Net (charge-offs), segregated by class of loans, were as follows: Years Ended December 31, 2015 2014 One-to-four family $ (200,954 ) $ (895,524 ) Multi-family (17,505 ) (159,403 ) Non-residential (18,307 ) (336,110 ) Commercial - - Consumer direct (57,203 ) (22,247 ) Purchased auto (66,810 ) (83,689 ) Net (charge-offs)/recoveries $ (360,779 ) $ (1,496,973 ) The following table presents the activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2015 and 2014: December 31, 2015 One-to-Four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Balance at beginning of period $ 1,812,448 $ 121,918 $ 245,098 $ 35,947 $ 10,804 $ 88,392 $ 2,314,607 Provision charged to income 116,088 37,824 (28,451 ) 15,359 83,586 45,772 270,178 Loans charged off (296,169 ) (33,892 ) (18,307 ) - (64,183 ) (73,965 ) (486,516 ) Recoveries of loans previously charged off 95,215 16,387 - - 6,980 7,155 125,737 Balance at end of period $ 1,727,582 $ 142,237 $ 198,340 $ 51,306 $ 37,187 $ 67,354 $ 2,224,006 Period-end amount allocated to: Loans individually evaluated for impairment $ 295,770 $ - $ 75,086 $ - $ - $ - $ 370,856 Loans acquired with deteriorated credit quality 15,828 - - - - - 15,828 Loans collectively evaluated for impairment 1,415,984 142,237 123,254 51,306 37,187 67,354 1,837,322 Balance at end of period $ 1,727,582 $ 142,237 $ 198,340 $ 51,306 $ 37,187 $ 67,354 $ 2,224,006 December 31, 2014 One-to-Four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Balance at beginning of period $ 2,277,325 $ 141,367 $ 388,215 $ 29,965 $ 1,698 $ 72,010 $ 2,910,580 Provision charged to income 430,647 139,954 192,993 5,982 31,353 100,071 901,000 Loans charged off (975,968 ) (183,270 ) (336,110 ) - (25,947 ) (90,389 ) (1,611,684 ) Recoveries of loans previously charged off 80,444 23,867 - - 3,700 6,700 114,711 Balance at end of period $ 1,812,448 $ 121,918 $ 245,098 $ 35,947 $ 10,804 $ 88,392 $ 2,314,607 Period-end amount allocated to: Loans individually evaluated for impairment $ 43,055 $ - $ - $ - $ - $ - $ 43,055 Loans acquired with deteriorated credit quality - - - - - - - Loans collectively evaluated for impairment 1,769,393 121,918 245,098 35,947 10,804 88,392 2,271,552 Balance at end of period $ 1,812,448 $ 121,918 $ 245,098 $ 35,947 $ 10,804 $ 88,392 $ 2,314,607 The following table presents the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2015 and 2014: December 31, 20115 One-to-four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Loans individually evaluated for impairment $ 2,311,855 $ - $ 2,069,922 $ - $ - $ 3,069 $ 4,384,846 Loans acquired with deteriorated credit quality 575,605 - - - - - 575,605 Loans collectively evaluated for impairment 96,367,277 3,969,207 18,107,400 12,069,815 1,651,371 5,208,686 137,373,756 Ending Balance $ 99,254,737 $ 3,969,207 $ 20,177,322 $ 12,069,815 $ 1,651,371 $ 5,211,755 $ 142,334,207 December 31, 2014 One-to-four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Loans individually evaluated for impairment $ 2,352,445 $ 257,399 $ 2,007,871 $ - $ - $ 10,971 $ 4,628,686 Loans acquired with deteriorated credit quality 1,292,549 - 31,098 - - - 1,323,647 Loans collectively evaluated for impairment 94,499,996 2,854,251 18,889,116 12,242,145 1,724,700 8,653,579 138,863,787 Ending Balance $ 98,144,990 $ 3,111,650 $ 20,928,085 $ 12,242,145 $ 1,724,700 $ 8,664,550 $ 144,816,120 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 affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. The following table presents loans individually evaluated for impairment, by class of loans, as of December 31, 2015 and 2014: December 31, 2015 Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment One-to-four family $ 3,014,703 $ 1,902,819 $ 984,641 $ 2,887,460 $ 311,598 $ 3,596,800 Multi-family - - - - - - Non-residential 2,069,922 389,961 1,679,961 2,069,922 75,086 2,114,684 Commercial - - - - - 21,789 Consumer direct - - - - - 3,464 Purchased auto 3,069 3,069 - 3,069 - 6,574 $ 5,087,694 $ 2,295,849 $ 2,664,602 $ 4,960,451 $ 386,684 $ 5,743,311 December 31, 2014 Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment One-to-four family $ 6,321,593 $ 3,364,478 $ 280,516 $ 3,644,994 $ 43,055 $ 3,232,026 Multi-family 440,669 257,399 - 257,399 - 196,499 Non-residential 2,220,498 2,038,969 - 2,038,969 - 2,030,582 Commercial - - - - - - Consumer direct 3,851 - - - - - Purchased auto 10,971 10,971 - 10,971 - 4,179 $ 8,997,582 $ 5,671,817 $ 280,516 $ 5,952,333 $ 43,055 $ 5,463,286 For the years ended December 31, 2015 and 2014, the Company recognized no accrued or cash basis interest income on impaired loans. Our loan portfolio also includes certain loans that have been modified in a troubled debt restructuring (“TDR”), where economic concessions have been granted to borrowers who have experienced financial difficulties. These concessions typically result from our loss mitigation activities and could include reductions in the interest rate, payment extensions, forbearance or other actions. Certain TDRs are classified as nonperforming at the time of restructuring and typically are returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period of at least six months. When we modify loans in a TDR, we evaluate any possible impairment similar to other impaired loans based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan agreement, or use the current fair value of the collateral, less estimated selling costs for collateral dependent loans. If we determine that the value of the modified loan is less than the recorded investment in the loan (net of previous charge-offs and deferred loan fees or costs), impairment is recognized through an allowance estimate or a charge-off to the allowance. In periods subsequent to modification, we evaluate all TDRs, including those that have payment defaults, for possible impairment and recognize impairment through the allowance. The impaired loans at both December 31, 2015 and 2014, include approximately $2.6 million of loans whose terms have been modified in troubled debt restructurings. The restructured loans are being monitored as they have not attained per accounting guidelines the performance requirements for the set time period to achieve being returned to accrual status. There were no loan modifications during the years ended December 31, 2015 and 2014 that were classified as troubled debt restructurings. The following table presents the recorded investment in nonaccrual loans and loans past due over 90 days still on accrual status, by class of loans, as of December 31, 2015 and 2014: December 31, 2015 Nonaccrual Loans Past Due Over 90 Days Stil Accruing One-to-four family $ 2,982,386 $ - Multi-family - - Non-residential 2,069,922 - Commercial - - Consumer direct - - Purchased auto 3,069 - $ 5,055,377 $ - December 31, 2014 Nonaccrual Loans Past Due Over 90 Days Still Accruing One-to-four family $ 3,732,833 $ - Multi-family 257,399 - Non-residential 2,038,969 - Commercial - - Consumer direct - - Purchased auto 10,971 - $ 6,040,172 $ - The following table presents the aging of the recorded investment in loans, by class of loans, as of December 31, 2015 and 2014: December 31, 2015 Loans 30-59 Days Past Due Loans 60- 89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans One-to-four family $ 1,251,155 $ 753,597 $ 737,042 $ 2,741,794 $ 96,512,943 $ 99,254,737 Multi-family 31,274 - - 31,274 3,937,933 3,969,207 Non-residential 847,216 112,739 18,127 978,082 19,199,240 20,177,322 Commercial 9,086 - - 9,086 12,060,729 12,069,815 Consumer direct 4,814 - - 4,814 1,646,557 1,651,371 Purchased auto 2,391 - 3,069 5,460 5,206,295 5,211,755 $ 2,145,936 $ 866,336 $ 758,238 $ 3,770,510 $ 138,563,697 $ 142,334,207 December 31, 2014 Loans 30-59 Days Past Due Loans 60- 89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans One-to-four family $ 2,622,762 $ 309,909 $ 1,741,415 $ 4,674,086 $ 93,470,904 $ 98,144,990 Multi-family 150,418 - 257,399 407,817 2,703,833 3,111,650 Non-residential 526,713 419,697 114,573 1,060,983 19,867,102 20,928,085 Commercial 96,525 - - 96,525 12,145,620 12,242,145 Consumer direct 9,172 - - 9,172 1,715,528 1,724,700 Purchased auto - - 10,971 10,971 8,653,579 8,664,550 $ 3,405,590 $ 729,606 $ 2,124,358 $ 6,259,554 $ 138,556,566 $ 144,816,120 Credit Quality Indicators: The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. For commercial and non-residential real estate loans, the Company’s credit quality indicator is internally assigned risk ratings. Each commercial loan is assigned a risk rating upon origination. The risk rating is reviewed annually, at a minimum, and on an as needed basis depending on the specific circumstances of the loan. For residential real estate, multi-family real estate, consumer direct and purchased auto loans, the Company’s credit quality indicator is performance determined by delinquency status. Delinquency status is updated regularly by the Company’s loan system for residential real estate, multi-family real estate and consumer direct loans. The Company receives monthly reports on the delinquency status of the purchased auto loan portfolio from the servicing company. The Company uses the following definitions for risk ratings: ● Pass – loans classified as pass are of a higher quality and do not fit any of the other “rated” categories below (e.g. special mention, substandard or doubtful). The likelihood of loss is considered remote. ● Special Mention – loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. ● Substandard – loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. ● Doubtful – loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. ● Not Rated – loans in this bucket are not evaluated on an individual basis. As of December 31, 2015 and 2014, the risk category of loans by class is as follows: December 31, 2015 Pass Special Mention Substandard Doubtful Not rated One-to-four family $ - $ 692,601 $ 2,887,460 $ - $ 95,674,676 Multi-family - - - - 3,969,207 Non-residential 18,083,194 24,206 2,069,922 - - Commercial 12,069,815 - - - - Consumer direct - - - - 1,651,371 Purchased auto - - 3,069 - 5,208,686 Total $ 30,153,009 $ 716,807 $ 4,960,451 $ - $ 106,503,940 December 31, 2014 Pass Special Mention Substandard Doubtful Not rated One-to-four family $ - $ 1,486,881 $ 3,644,994 $ - $ 93,013,115 Multi-family - - 257,399 - 2,854,251 Non-residential 18,889,116 - 2,038,969 - - Commercial 11,646,385 595,760 - - - Consumer direct - - - - 1,724,700 Purchased auto - - 10,971 - 8,653,579 Total $ 30,535,501 $ 2,082,641 $ 5,952,333 $ - $ 106,245,645 The Bank has had, and may be expected to have in the future, banking transactions in the ordinary course of business with directors, principal officers, their immediate families and companies in which these parties have a 10% or more beneficial ownership. In the opinion of management, these loans are made with substantially the same terms, including interest rate and collateral, as those prevailing for comparable transactions with other customers and do not involve more than the normal risk of collectability. Loans to directors, principal officers, and their immediate families at December 31, 2015 and 2014 were $85,390 and $173,739, respectively.

Note 6 - Servicing

Note 6 - Servicing	12 Months Ended
	Dec. 31, 2015
Servicing [Abstract]
Servicing [Text Block]	Note 6 . Servicing Loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balances of mortgage and other loans serviced for others were $47,791,247 and $46,435,055 at December 31, 2015 and 2014, respectively. The carrying value of mortgage servicing rights associated with loans serviced for others as of December 31, 2015 and 2014, was $285,927 and $271,819, respectively.

Note 7 - Accrued Interest Recei

Note 7 - Accrued Interest Receivable	12 Months Ended
	Dec. 31, 2015
Accrued Interest Receivable [Abstract]
Accrued Interest Receivable [Text Block]	Note 7 . Accrued Interest Receivable Accrued interest receivable at December 31, 2015 and 2014, are summarized as follows: 2015 2014 State and municipal securities $ 191,801 $ 201,706 Residential mortgage-backed securities 91,391 116,451 Loans 492,449 553,869 Other - 9,586 $ 775,641 $ 881,612

Note 8 - Premises and Equipment

Note 8 - Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	Note 8 . Premises and Equipment Premises and equipment at December 31, 2015 and 2014, are summarized as follows: 2015 2014 Cost: Land $ 2,190,649 $ 2,190,649 Buildings 7,231,808 7,128,102 Furniture and equipment 1,421,856 1,281,956 10,844,313 10,600,707 Less: Accumulated depreciation 3,786,266 3,560,479 $ 7,058,047 $ 7,040,228

Note 9 - Deposits

Note 9 - Deposits	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Deposit Liabilities Disclosures [Text Block]	Note 9 . Deposits Deposits at December 31, 2015 and 2014 are summarized as follows: 2015 2014 Amount Percent Amount Percent Non-interest bearing checking $ 10,325,832 5.84 % $ 8,198,356 4.50 % Interest bearing checking 26,390,366 14.93 % 22,847,282 12.54 % Money market 29,580,209 16.74 % 29,278,041 16.07 % Savings 22,740,062 12.87 % 22,764,931 12.49 % Certificates of deposit 87,698,439 49.62 % 99,144,409 54.41 % Interest bearing 166,409,076 94.16 % 174,034,663 95.50 % Total $ 176,734,908 100.00 % $ 182,233,019 100.00 % Interest expense on deposits for the years ended December 31, 2015 and 2014, is summarized as follows : December 31, 2015 2014 Money market $ 60,054 $ 46,089 Savings 16,161 13,279 Certificates of deposit 777,084 885,014 Checking 11,516 6,938 $ 864,815 $ 951,320 Deposits from directors, principal officers, and their immediate families at December 31, 2015 and 2014 were $2,932,164 and $2,644,197, respectively. The aggregate amount of public deposits at December 31, 2015 and 2014 were $3,504,383 and $3,847,095, respectively. The aggregate amount of certificates of deposit within a minimum denomination of $100,000 was approximately $35,782,000 and $39,185,000 at December 31, 2015 and 2014, respectively. Of these certificates of deposit, there was approximately $6,928,000 and $6,102,000 at December 31, 2015 and 2014, respectively with minimum denominations of $250,000. At December 31, 2015, scheduled maturities of certificates of deposit are as follows : 2016 $ 37,482,454 2017 21,487,970 2018 15,742,854 2019 7,446,829 2020 5,538,332 $ 87,698,439 The Company held brokered deposits of approximately $273,000 and $272,000, respectively at December 31, 2015 and 2014. The broker receives a fee from the Company for the brokered deposits. Total fee expenses of $407 and $362 were recognized for the years ended December 31, 2015 and 2014, respectively.

Note 10 - Borrowings

Note 10 - Borrowings	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Note 10. Borrowings Our borrowings consist of open line and term advances from the Federal Home Loan Bank of Chicago and Federal Funds purchased from Bankers Bank of Wisconsin. As a member, we are required to own capital stock in the Federal Home Loan Bank of Chicago and are authorized to apply for advances on the security of such stock and certain of our mortgage loans and other assets (principally securities which are obligations of, or guaranteed by, the United States), provided certain standards related to credit-worthiness have been met. At December 31, 2015, we had the ability to borrow $68.3 million from the FHLBC. In addition, as of December 31, 2015, the Bank had $5.0 million of available credit from Bankers Bank of Wisconsin to purchase Federal Funds. There were Federal Home Loan Bank advances outstanding of approximately $2.1 million and $5.5 million, respectively at December 31, 2015 and 2014. There were no Federal Funds purchased outstanding at December 31, 2015 and 2014. A summary of outstanding advances is as follows: December 31, 2015 2014 Open lines of credit at 0.30% $ - 2,800,000 Matured 10/02/2015 at 0.36%, fixed - 499,547 Matures 01/13/2016 at 3.90%, fixed 1,002,431 1,031,600 Matures 03/30/2018 at 1.72%, fixed 494,211 491,638 Matures 04/01/2019 at 2.00%, fixed 492,723 490,540 Matures 10/03/2022 at 1.48%, fixed 149,752 169,711 $ 2,139,117 $ 5,483,036

Note 11 - Employee Benefit and

Note 11 - Employee Benefit and Retirement Plans	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	Note 1 1 . Employment Benefit and Retirement Plans Employee stock ownership plan On May 6, 2005, the Company adopted an employee stock ownership plan (ESOP) for the benefit of substantially all employees. The ESOP borrowed $763,140 from the Company and used those funds to acquire 76,314 shares of the Company’s stock in the initial public offering at a price of $10.00 per share. Shares purchased by the ESOP with the loan proceeds are held in a suspense account and are allocated to ESOP participants on a pro rata basis as principal and interest payments are made by the ESOP to the Company. The loan is secured by shares purchased with the loan proceeds and will be repaid by the ESOP with funds from the Company’s discretionary contributions to the ESOP and earnings on the ESOP assets. Annual principal and interest payments of approximately $77,000 are to be made by the ESOP. As shares are released from collateral, the Company will report compensation expense equal to the current market price of the shares, and the shares will become outstanding for earnings-per-share (EPS) computations. Dividends on allocated ESOP shares reduce retained earnings; dividends on unallocated ESOP shares reduce accrued interest. During 2015, 5,087 shares, with an average fair value of $10.85 per share were committed to be released, resulting in ESOP compensation expense of $55,187, as compared to 5,088 shares, with an average fair value of $9.23 per share, resulting in ESOP compensation expense of $46,933 for 2014. A terminated participant or the beneficiary of a deceased participant who received a distribution of employer stock from the ESOP has the right to require the Company to purchase such shares at their fair market value any time within 60 days of the distribution date. If this right is not exercised, an additional 60-day exercise period is available in the year following the year in which the distribution is made and begins after a new valuation of the stock has been determined and communicated to the participant or beneficiary. At December 31, 2015 and 2014, respectively, 37,467 shares at a fair value of $10.05, and 42,473 shares at a fair value of $10.00, have been classified as mezzanine capital. December 31, 2015 2014 Shares allocated 55,964 50,876 Shares withdrawn from the plan (18,497 ) (8,403 ) Unallocated shares 20,350 25,438 Total ESOP shares 57,817 67,911 Fair value of unallocated shares $ 204,518 $ 254,380 Supplemental executive retirement plan (SERP) On September 19, 2007, the Bank entered into salary continuation agreements with certain of its executive officers to provide additional benefits upon retirement. The present value of the estimated liability under the agreement is being accrued using a discount rate of 4.5 percent ratably over the remaining years to the date when the executive is first eligible for benefits. The recorded SERP liability was $433,069 and $770,563 for the years ended December 31, 2015 and 2014, respectively. The SERP compensation charged to expense totaled $73,292 and $119,724 for the years ended December 31, 2015 and 2014, respectively. 401(k) plan The Bank maintains a voluntary 401(k) plan for substantially all employees. Employees may contribute a percentage of their compensation to the plan subject to certain limits based on federal tax laws. The Bank makes matching contributions to the 401(k) plan of 50 percent of the first 6 percent of an employee’s compensation contributed to the plan. The Bank also makes Safe Harbor contributions, in addition to any matching contributions, equal to 3 percent of an eligible employee’s compensation to the 401(k) plan each pay period. Employer contributions vest to the employee ratably over a five-year period. Employer contribution expense was $122,456 for 2015 and $74,788 for 2014. Deferred compensation The Bank has deferred compensation agreements with certain directors. Contributions to the plan for the years ended December 31, 2015 and 2014 were $93,689 and $51,509, respectively. The deferred compensation liability included on the balance sheet in other liabilities was $1,236,857 and $1,181,644 as of December 31, 2015 and 2014, respectively. Director retirement plan The Bank has, as a result of the merger, a director retirement plan for six of the former members of the Twin Oak’s Board of Directors. The plan provides monthly retirement benefits equal to one-twelfth of the annual Board fees. Payments are based on years of service on the Twin Oaks Board of Directors prior to the merger date (Note 2), with ten years of payments guaranteed. One former member was retired prior to the merger and will continue his current benefit payments. Three of the former members retired as of the merger date of December 31, 2014, and began collecting benefits in January 2015. The remaining two former members became part of the Bank’s board as of the merger date and will not commence their benefit until they retire. As of the merger date, the Plan was frozen as to benefit accruals and years of service. The compensation liability included on the balance sheet in other liabilities was $334,103 and $352,887 as of December 31, 2015 and 2014, respectively. This is an unfunded plan. Director retirement plan valuation December 31, 2015 2014 Number of participants: Retirees 4 4 Active directors - not yet eligible 2 2 Total 6 6 Obligations and funded status: Years ended December 31, 2015 2014 (Amounts in thousands) Change in benefit obligation Benefit obligation at beginning of year $ 353 $ - Service cost - - Interest cost 12 - Actuarial loss (gain) 1 - Benefits paid (31 ) - Assumed liability - 353 Benefit obligation at end of year 335 353 Change in plan assets Employer contributions 31 - Benefits paid (31 ) - Fair value of plan assets at year end - - Funded status (335 ) (353 ) Actuarial loss (gain) 1 - Net amount recognized $ (334 ) $ (353 ) Amounts recognized in the statement of financial position consist of: December 31, 2015 2014 Accumulated post-retirement benefit obligation: Active participants $ (100,296 ) $ (100,632 ) Retired participants including beneficiaries (234,461 ) (252,255 ) Total (334,757 ) (352,887 ) Plan assets at fair value - - Funded status (334,757 ) (352,887 ) Actuarial loss 654 - (Accrued) cost included in other liabilities $ (334,103 ) $ (352,887 ) Components of Net Periodic Benefit Cost: Years ended December 31, 2015 2014 Service cost $ - $ - Interest cost 11,816 - Amortization net gain 654 - Net cost $ 12,470 $ - Assumptions used to determine net periodic benefit obligation: December 31, 2015 2014 Discount rate 3.75% 3.50% Mortality 2014 IRS applicable mortality table based on RP-2000 mortality for healthy males with projections to the year 2022 2014 IRS applicable mortality table based on RP-2000 mortality for healthy males with projections to the year 2020 Cash Flows: Contributions: The Bank does not expect to contribute to its director retirement plan in 2016. Estimated Future Benefit Payments: The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows: Year Other Benefits (Amounts in thousands) 2016 $ 31 2017 30 2018 28 2019 26 2020 25 2021-2025 129 Post-retirement health benefit plan The Bank has a contributory post-retirement health benefit plan for officers that meet eligibility requirements outlined in the employee handbook. The accounting for the health care plan anticipates future cost-sharing changes that are consistent with the Bank’s expressed intent to increase retiree contributions. Post-retirement health benefits valuation December 31, 2015 2014 Number of participants: Retirees 3 3 Active employees - fully eligible - 1 Active employees - not yet eligible 3 3 Total 6 7 Obligations and funded status: Years ended December 31, 2015 2014 (Amounts in thousands) Change in benefit obligation Benefit obligation at beginning of year $ 341 $ 288 Service cost 7 5 Interest cost 14 14 Actuarial loss (gain) (79 ) 37 Plan amendments (3 ) - Benefits paid (8 ) (7 ) Retiree contributions 5 4 Benefit obligation at end of year 277 341 Change in plan assets Employer contributions 3 3 Retiree contributions 5 4 Benefits paid (8 ) (7 ) Fair value of plan assets at year end - - Funded status (277 ) (341 ) Actuarial loss (gain) (135 ) (63 ) Net amount recognized $ (412 ) $ (404 ) Amounts recognized in the statement of financial position consist of: December 31, 2015 2014 Accumulated post-retirement benefit obligation: Retirees $ (71,177 ) $ (63,928 ) Active employees - fully eligible - (74,280 ) Active employees - not yet eligible (205,756 ) (203,247 ) Total (276,933 ) (341,455 ) Plan assets at fair value - - Funded status (276,933 ) (341,455 ) Actuarial (gain) (134,786 ) (62,977 ) (Accrued) cost included in other liabilities $ (411,719 ) $ (404,432 ) Components of Net Periodic Benefit Cost: Years ended December 31, 2015 2014 Service cost $ 6,755 $ 5,394 Interest cost 13,733 14,349 Amortization net gain (10,057 ) (17,070 ) Net cost (benefit) $ 10,431 $ 2,673 Weighted average assumptions used to determine net periodic benefit cost: December 31, 2015 2014 Discount rate 4.32 % 4.08 % Expected long-term return on plan assets - - Rate of compensation increase - - Assumed health care cost trend rates: December 31, 2015 2014 Health care cost trend rate assumed for next year 8.00 % 8.00 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 5.50 % 5.50 % Year that the rate reaches the ultimate trend rate 2021 2020 A one-percentage-point change in the assumed health care cost trend rate would have the following effects: 1-Percentage Point Increase 1-Percentage Point Decrease (Amounts in thousands) Effect on total of service and interest cost components $ 6 $ (4 ) Effect on post-retirement benefit obligation $ 63 $ (55 ) Cash Flows: Contributions: The Bank does not expect to contribute to its post-retirement benefit plan in 2016. Estimated Future Benefit Payments: The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows: Year Other Benefits (Amounts in thousands) 2016 $ 8 2017 14 2018 17 2019 26 2020 26 2021-2025 149

Note 12 - Stock Compensation

Note 12 - Stock Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	Note 1 2 . Stock Compensation Management recognition plan A Management Recognition and Retention Plan (“MRP”) provides for the issuance of shares to directors and officers. Pursuant to the Ottawa Savings Bancorp, Inc. 2006 Equity Incentive Plan, 43,608 shares were purchased by the Company in November 2006, at an average cost of $13.46 per share. Granted shares vest in equal installments over a five year period, with ownership of the shares transferring to the recipient upon vesting. The unamortized cost of shares not yet vested of $3,751 and $12,388 at December 31, 2015 and 2014, respectively, are reported as reductions of stockholders’ equity. A summary of the status of the MRP stock awards is as follows: Year ending December 31, 2015 Shares Weighted Average Grant Date Fair Value Outstanding and non-vested at beginning of year 2,795 $ 4.69 Granted - - Vested and transferred to recipients (1,748 ) 4.95 Outstanding and non-vested at end of year 1,047 $ 4.25 Year ending December 31, 2014 Shares Weighted Average Grant Date Fair Value Outstanding and non-vested at beginning of year 4,539 $ 4.79 Granted - - Vested and transferred to recipients (1,744 ) 4.95 Outstanding and non-vested at end of year 2,795 $ 4.69 The total compensation cost at December 31, 2015, related to non-vested shares not yet recognized was approximately $4,100 with an average expense recognition period of 1 year. The Company recognized compensation expense of approximately $8,600 and $8,600, for the years ended December 31, 2015 and 2014, respectively. At December 31, 2015, 1,047 shares remain non-vested and are expected to be exercisable in accordance with their original terms. Stock option plan A Recognition and Retention Plan (“RRP”) provides for the issuance of stock options to directors, officers and employees. Pursuant to the Ottawa Savings Bancorp, Inc. 2006 Equity Incentive Plan, on November 21, 2006, the Company granted stock options to purchase 92,666 shares of the Company’s common stock, at an exercise price of $12.35 per share. Under the same plan, the Company granted stock options to purchase 5,451 shares of the Company’s common stock, at an exercise price of $9.90 per share on December 21, 2008, 8,722 shares of the Company’s common stock, at an exercise price of $6.00 per share on November 17, 2010, and 13,083 shares of the Company’s common stock, at an exercise price of $4.25 per share on November 16, 2011. The options become exercisable in equal installments over a five year period from the grant date. The options expire ten years from the grant date. The fair value of the stock options granted has been estimated using a Black-Scholes option pricing model. This option pricing model requires management to make subjective assumptions, such as expected stock price volatility, dividend rates, and expected time to exercise. There were no options granted during 2015 and 2014. A summary of the status of the outstanding RRP stock options is as follows: Year ended December 31, 2015 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value Outstanding at beginning of year 92,667 $ 10.46 3.10 $ Granted - - Exercised - - Outstanding at end of year 92,667 $ 10.46 2.10 $ - Exercisable at year end 90,048 $ 10.65 1.99 $ - Year ended December 31, 2014 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value Outstanding at beginning of year 92,667 $ 10.46 4.10 $ - Granted - - Exercised - - Outstanding at end of year 92,667 $ 10.46 3.10 $ - Exercisable at year end 85,686 $ 10.94 2.81 $ - A summary of the vesting status of the RRP stock options at December 31, 2015 is as follows: Stock Options Shares Weighted Average Exercise Price Non-vested at beginning of year 6,981 $ 4.69 Granted - - Vested (4,362 ) 4.95 Non-vested at end of year 2,619 $ 4.25 The future compensation cost at December 31, 2015, related to non-vested options not yet recognized was approximately $5,400 with an average expense recognition period of 1 year. The Company recognized compensation expense of approximately $10,000 for each of the years ended December 31, 2015 and 2014.

Note 13 - Income Taxes

Note 13 - Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 13. Income Taxes The Company and Bank file a consolidated federal income tax return on a calendar year basis. Income tax expense is summarized as follows: Years Ended December 31, 2015 2014 Federal: Current $ (82,735 ) $ 186,705 Deferred 244,915 61,820 162,180 248,525 State: Current 72,535 106,327 Deferred 11,090 (7,573 ) 83,625 98,754 $ 245,805 $ 347,279 The Company’s income tax differed from the maximum statutory federal rate of 35% for the years ended December 31, 2015 and 2014, as follows: Years Ended December 31, 2015 2014 Expected income taxes $ 355,868 $ 403,059 Income tax effect of: State taxes, net of federal tax benefit 54,356 64,190 Tax exempt interest (187,964 ) (90,736 ) Income taxed at lower rates (10,168 ) (11,516 ) Other 33,713 (17,718 ) $ 245,805 $ 347,279 The components of the net deferred tax asset are as follows: December 31, 2015 2014 Deferred tax assets Employee benefit plans $ 955,036 $ 1,060,583 Allowance for loan losses 552,581 480,385 Net operating loss carryforwards 992,947 656,179 MRP/RRP compensation 187,822 187,524 Loans 245,912 796,381 Purchase accounting - acquisition expenses 144,204 155,630 Other 140,392 233,388 3,218,894 3,570,070 Deferred tax liabilities Unrealized gain on securities available for sale (281,342 ) (207,633 ) FHLB stock dividends - (43,539 ) Origination of mortgage servicing rights (35,790 ) (42,049 ) Core deposit intangible (176,408 ) (221,781 ) (493,540 ) (515,002 ) Net deferred tax asset $ 2,725,354 $ 3,055,068 Stockholders’ equity at December 31, 2015 and 2014 includes approximately $2,268,000 for which no federal income tax liability has been recognized. This amount represents an allocation of income to bad debt deductions for tax purposes only. Reductions of amounts so allocated for purposes other than bad debt losses or adjustments arising from carry-back of net operating losses would create income for tax purposes only, which would be subject to the then current corporate income tax rate. The unrecorded deferred income tax liability on the above amount was approximately $887,000 at December 31, 2015. At December 31, 2015 the Company had federal and Illinois net operating loss carry forwards of $4.9 million comprised of approximately $2.5 million of federal and $2.4 million of Illinois. At December 31, 2014 the Company had federal and Illinois net operating loss carry forwards of $3.5 million comprised of approximately $1.6 million of federal and $1.9 million of Illinois. The federal net operating loss carry forwards will begin to expire in 2033, and the Illinois net operating loss carry forwards will begin to expire in 2023. Management believes that it is more likely than not that the deferred tax assets included in the accompanying consolidated balance sheets will be fully utilized. We have determined that no valuation allowance is required as of December 31, 2015, although there is no guarantee that those assets will be fully recognizable in future periods.

Note 14 - Regulatory Matters

Note 14 - Regulatory Matters	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 14. Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the federal and state banking agencies. Failure to meet the minimum regulatory capital requirements can initiate certain mandatory, and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank and the consolidated financial statements. Under the regulatory capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines involving quantitative measures of the Bank’s assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification under the prompt corrective action guidelines are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the tables below). In July 2013, the federal banking agencies issued a final rule revising the regulatory capital rules applicable to most national banks and federal savings associations as well as their holding companies generally beginning on January 1, 2015. The rule implements the Basel Committee’s December 2010 framework known as “Basel III” for strengthening the international capital standards as well as certain provisions of the Dodd-Frank Act. The final rule implements a revised definition of regulatory capital, a new common equity Tier 1 minimum capital requirement of 4.50%, and a higher minimum Tier 1 capital requirement of 6.00% (which is an increase from 4.00%). Under the final rule, the total capital ratio remains at 8.00% and the minimum leverage ratio is 4.00%. Management believes as of December 31, 2015 and 2014, that the Bank meets all capital adequacy requirements to which it is subject. Additionally, under the final rule, in order to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers, a banking organization must hold a 2.5% capital conservation buffer composed of common equity Tier 1 capital above its minimum risk-based capital requirements. The buffer is measured relative to risk-weighted assets. The final rule also enhances risk sensitivity and addresses weaknesses identified by the regulators over recent years with the measure of risk-weighted assets. The new minimum capital requirements were effective for the Company on January 1, 2015, whereas the capital conservation buffer and the deductions from common equity Tier 1 capital phase in over time, beginning on January 1, 2016. As of December 31, 2015, the most recent examination conducted by the OCC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based, Common equity Tier 1 risk-based, and Tier 1 leverage ratios as disclosed in the following table. There are no conditions or events that management believes have occurred that would change the Bank’s capitalization classification. The Bank’s actual capital amounts and ratios as of December 31, 2015 and 2014 are presented below: To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes: Action Provisions: Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2015: Total Risk-Based Capital (to risk-weighted assets) $ 29,642 22.36 % $ 10,606 8.00 % $ 13,258 10.00 % Tier I Capital (to risk-weighted assets) $ 27,969 21.10 % $ 7,955 6.00 % $ 10,606 8.00 % Common Equity Tier I (to risk-weighted assets) $ 27,969 21.10 % $ 5,966 4.50 % $ 8,617 6.50 % Tier I Leverage (to adjusted total assets) $ 27,969 13.18 % $ 8,490 4.00 % $ 10,612 5.00 % December 31, 2014: Total Risk-Based Capital (to risk-weighted assets) $ 26,914 20.28 % $ 10,615 8.00 % $ 13,268 10.00 % Tier I Risk-Based Capital (to risk-weighted assets) $ 25,247 19.03 % $ 5,307 4.00 % $ 7,961 6.00 % Tier I Leverage (to adjusted total assets) $ 25,247 11.59 % $ 8,713 4.00 % $ 10,891 5.00 % Tangible Capital (to adjusted total assets) $ 25,247 11.59 % $ 3,267 1.50 % N/A N/A

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Note 15. Commitments and Contingencies In the ordinary course of business, the Bank has various commitments and contingent liabilities that are not reflected in the accompanying consolidated financial statements. In the opinion of management, the ultimate disposition of these matters is not expected to have a material adverse effect on the financial position of the Bank. The Company did not declare any dividends during 2015 or 2014. The Bank is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit. This instrument involves elements of credit and interest-rate risk in excess of the amount recognized in the balance sheet. At December 31, 2015 and 2014, the following financial instruments were outstanding whose contract amounts represent credit risk: Variable rate Fixed rate Total Range of rates on fixed rate commitments As of December 31, 2015: Commitments to originate loans $ 640,500 $ 302,000 $ 942,500 3.50% - 3.88% Unfunded commitments on construction loans 94,033 - 94,033 - Unfunded commitments under lines of credit 11,974,680 - 11,974,680 - 12,709,213 302,000 13,011,213 Standby letters of credit - 18,000 18,000 9.00% $ 12,709,213 $ 320,000 $ 13,029,213 As of December 31, 2014: Commitments to originate loans $ 170,000 $ 1,451,126 $ 1,621,126 3.88% - 6.25% Unfunded commitments on construction loans 424,477 331,052 755,529 4.25% - 4.75% Unfunded commitments under lines of credit 10,190,042 - 10,190,042 - 10,784,519 1,782,178 12,566,697 Standby letters of credit - 18,000 18,000 9.00% $ 10,784,519 $ 1,800,178 $ 12,584,697 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for equity lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Bank is based on management’s credit evaluation of the customer. Unfunded commitments under commercial lines-of-credit, revolving credit lines and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines-of-credit are uncollateralized and usually do not contain a specified maturity date and may not be fully drawn upon to the total extent of the $13.0 million to which the Bank is committed. Off-balance-sheet risk to credit loss exists up to the face amount of these instruments, although material losses are not anticipated. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet obligations. The Company does not engage in the use of interest rate swaps or futures, forwards or option contracts.

Note 16 - Fair Values Measureme

Note 16 - Fair Values Measurements and Disclosures	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Fair Value, Measurement Inputs, Disclosure [Text Block]	Note 16. Fair Values Measurements and Disclosures FASB ASC Topic 820, Fair Value Measurements and Disclosures, clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants and is not adjusted for transaction costs. This guidance also establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement inputs) and the lowest priority to unobservable inputs (Level 3 measurement inputs). The three levels of the fair value hierarchy under FASB ASC 820 are described below: Basis of Fair Value Measurement: • Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets. • Level 2 - Significant other observable inputs other than Level 1 prices such as quoted prices in markets that are not active, quoted prices for similar assets, or other inputs that are observable, either directly or indirectly, for substantially the full term of the asset. • Level 3 - Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity). Following is a description of valuation methodologies used for assets and liabilities recorded at fair value. Securities Available for Sale Securities classified as available for sale are recorded at fair value on a recurring basis using pricing obtained from an independent pricing service. Where quoted market prices are available in an active market, securities are classified within Level 1. The Company has no securities classified within Level 1. If quoted market prices are not available, the pricing service estimates the fair values by using pricing models or quoted prices of securities with similar characteristics. For these securities, the inputs used by the pricing service to determine fair value consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and bonds’ terms and conditions, among other things resulting in classification within Level 2. Level 2 securities include state and municipal securities and residential mortgage-backed securities. In cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3. The Company has no securities classified within Level 3. Foreclosed Assets Foreclosed assets consisting of foreclosed real estate and repossessed assets, are adjusted to fair value less estimated costs to sell upon transfer of the loans to foreclosed assets. Subsequently, foreclosed assets are carried at the lower of cost or fair value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company records the foreclosed asset as non-recurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company records the foreclosed asset as non-recurring Level 3. Impaired Loans Impaired loans are evaluated and adjusted to the lower of carrying value or fair value less estimated costs to sell at the time the loan is identified as impaired. Impaired loans are carried at the lower of cost or fair value. Fair value is measured based on the value of the collateral securing these loans. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company records the impaired loan as non-recurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company records the impaired loan as non-recurring Level 3. Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on the same factors identified above. Management believes it is more likely than not that a workout solution or liquidation of the collateral is the best use of the asset and therefore has measured fair value based on the underlying collateral of the loans. If management were to sell the impaired loan portfolio to a third party instead of liquidating the collateral, the measurement of fair value could be significantly different. The Company did not have any transfers of assets or liabilities between Levels 1 and 2 of the fair value hierarchy during 2015 or 2014. The tables below present the recorded amount of assets measured at fair value on a recurring basis at December 31, 2015 and 2014. December 31, 2015 Level 1 Level 2 Level 3 Total Fair Value State and municipal securities available for sale $ - $ 19,237,208 $ - $ 19,237,208 Residential mortgage-backed securities available for sale - 27,747,699 - 27,747,699 $ - $ 46,984,907 $ - $ 46,984,907 December 31, 2014 Level 1 Level 2 Level 3 Total Fair Value State and municipal securities available for sale $ - $ 20,225,192 $ - $ 20,225,192 Residential mortgage-backed securities available for sale - 32,546,916 - 32,546,916 $ - $ 52,772,108 $ - $ 52,772,108 The tables below present the recorded amount of assets and liabilities measured at fair value on a non-recurring basis at December 31, 2015 and December 31, 2014. December 31, 2015 Level 1 Level 2 Level 3 Total Fair Value Foreclosed assets - - $ 330,245 $ 330,245 Impaired loans, net - - 2,277,918 2,277,918 December 31, 2014 Level 1 Level 2 Level 3 Total Fair Value Foreclosed assets $ - $ - $ 295,650 $ 295,650 Impaired loans, net - - 1,561,108 1,561,108

Note 17 - Fair Values of Financ

Note 17 - Fair Values of Financial Instruments	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 17. Fair Values of Financial Instruments The following methods and assumptions were used by the Company in estimating the fair value of financial instruments: Cash and Cash Equivalents: Time deposits: Federal Funds Sold Securities Loans: Mortgage Servicing Rights Deposits: FHLB Advances: Accrued Interest Receivable and Payable: Loan Commitments: The estimated fair values of the Bank’s financial instruments are as follows: Carrying Fair Value Measurements at December 31, 2015 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 7,135,719 $ 7,135,719 $ - $ - $ 7,135,719 Time deposits 250,000 250,000 - - 250,000 Federal funds sold 1,604,000 1,604,000 - - 1,604,000 Securities 48,343,028 - 46,984,907 1,358,121 48,343,028 Accrued interest receivable 775,641 775,641 - - 775,641 Net loans 140,110,201 - - 141,665,000 141,665,000 Loans held for sale - - - - - Mortgage servicing rights 285,927 - - 285,927 285,927 Financial Liabilities: Non-interest bearing deposits 10,325,832 10,325,832 - - 10,325,832 Interest bearing deposits 166,409,076 - - 161,173,168 161,173,168 Accrued interest payable 394 394 - - 394 FHLB advances 2,139,117 - 2,139,117 - 2,139,117 Carrying December 31, 2014 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 5,193,235 $ 5,193,235 $ - $ - $ 5,193,235 Time deposits 854,861 854,861 - - 854,861 Federal funds sold 1,662,000 1,662,000 - - 1,662,000 Securities 54,552,782 - 52,772,108 1,780,674 54,552,782 Accrued interest receivable 881,612 881,612 - - 881,612 Net loans 142,501,513 - - 144,682,000 144,682,000 Loans held for sale - - - - - Mortgage servicing rights 271,819 - - 271,819 271,819 Financial Liabilities: Non-interest bearing deposits 8,198,356 8,198,356 - - 8,198,356 Interest bearing deposits 174,034,663 - - 172,789,644 172,789,644 Accrued interest payable 369 369 - - 369 FHLB advances 5,483,036 - 5,483,036 - 5,483,036 In addition, other assets and liabilities of the Bank that are not defined as financial instruments are not included in the above disclosures, such as property and equipment. Also, non-financial instruments typically not recognized in financial statements nevertheless may have value but are not included in the above disclosures. These include, among other items, the estimated earnings power of core deposit accounts, the trained work force, customer goodwill and similar items.

Note 18 - Condensed Parent Only

Note 18 - Condensed Parent Only Financial Statements	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 18. Condensed Parent Only Financial Statements December 31, 2015 2014 Statements of financial condition Assets: Interest bearing deposits $ 325,764 $ 327,738 Equity in net assets of Ottawa Savings Bank 30,495,721 29,480,686 ESOP note receivable 266,792 323,990 Total assets $ 31,088,277 $ 30,132,414 Liabilities and stockholders' equity: Liabilities $ - $ - Redeemable common stock in ESOP plan 376,543 424,730 Stockholders' Equity 30,711,734 29,707,684 Total liabilities and stockholders' equity $ 31,088,277 $ 30,132,414 Years Ended December 31, 2015 2014 Statements of operations Equity in net income of subsidiary $ 830,134 $ 842,045 Interest income 20,249 23,614 Operating income 850,383 865,659 Other expenses 79,421 65,342 Income before income tax benefit 770,962 800,317 Income tax (benefit) - (4,000 ) Net income $ 770,962 $ 804,317 Years Ended December 31, Statements of cash flows 2015 2014 Operating activities: Net income $ 770,962 $ 804,317 Adjustments to reconcile net income to net cash used in operating activities: Undistributed net income of subsidiary (830,134 ) (842,045 ) Net cash used in operating activities (59,172 ) (37,728 ) Investing activities: Payments received on ESOP note receivable 57,198 53,833 Net cash provided by investing activities 57,198 53,833 Financing activities: Cash dividends paid - - Purchase of treasury stock - - Net cash used in financing activities - - Net (decrease) increase in cash and cash equivalents (1,974 ) 16,105 Cash and cash equivalents: Beginning of period 327,738 311,633 End of period $ 325,764 $ 327,738 Supplemental Schedule of Noncash Investing and Financing Activities (Decrease) increase in ESOP put option liability $ (48,187 ) $ 105,640

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of consolidation The accompanying consolidated financial statements include the accounts of Ottawa Savings Bancorp, Inc. (the Company) and its wholly owned subsidiary Ottawa Savings Bank (the Bank). All significant intercompany transactions and balances are eliminated in consolidation.
Reclassification, Policy [Policy Text Block]	Reclassifications
Use of Estimates, Policy [Policy Text Block]	Use of estimates In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the fair value of securities available for sale, the determination of the allowance for loan losses, valuation of deferred income taxes, the determination of the liability for postretirement benefits, and the fair value measurement for the assets and liabilities.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of credit risk Most of the Bank’s business activity is with customers within the Ottawa, Marseilles, and Morris areas. The Bank does not have any significant concentrations to any one industry or customer.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and cash equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and amounts due from banks, including cash items in process of clearing. Cash flows from loans, deposits, and federal funds sold or purchased are treated as net increases or decreases in the statement of cash flows. The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents.
Deposit Contracts, Policy [Policy Text Block]	Time deposits Time deposits held at other financial institutions are carried at cost and include any time deposits with an original maturity of greater than three months. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on time deposits.
Marketable Securities, Policy [Policy Text Block]	Investment securities Debt securities classified as available for sale are those debt securities that the Company intends to hold for an indefinite period of time, but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in maturity mix of the Company's assets and liabilities, liquidity needs, regulatory capital considerations and other similar factors. Securities available for sale are carried at fair value. The difference between the fair value and amortized cost, adjusted for amortization of premium and accretion of discounts, computed by the interest method over their contractual maturity, results in an unrealized gain or loss. Unrealized gains or losses are reported as accumulated other comprehensive income (loss), net of the related deferred tax effect and are included as a component of stockholders' equity. Gains or losses from the sale of securities are determined using the specific identification method and are included in earnings. Declines in the fair value of available for sale securities below their amortized cost basis that are deemed to be other than temporary are reflected in earnings as realized losses. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. In addition, management monitors market trends and current events in order to identify trends and circumstances that might impact the carrying value of securities. To determine if an “other-than-temporary” impairment (OTTI) exists on an investment security, the Company first determines if (a) it intends to sell the security or (b) it is more likely than not that it will be required to sell the security before its anticipated recovery. If either of the conditions is met, the Company will recognize an “other-than-temporary” impairment in earnings equal to the difference between the security’s fair value and its adjusted cost basis. If neither of the conditions is met, the Company determines (a) the amount of the impairment related to credit loss and (b) the amount of the impairment due to
Investment, Policy [Policy Text Block]	Non-marketable equity securities Investments in the Federal Home Loan Bank of Chicago, Bankers Bank of Wisconsin, and the Upper Illinois River Valley Development Corporation are carried at cost and periodically evaluated for impairment.
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	Loans The Bank primarily lends to small and mid-sized businesses, non-residential real estate customers and consumers providing mortgage, commercial and consumer loans. A substantial portion of the loan portfolio is represented by mortgage loans throughout Ottawa, Illinois and the surrounding area. The ability of the Bank’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in this area. It is the Bank’s policy to review each prospective credit in order to determine the appropriateness and the adequacy of security or collateral prior to making a loan. In the event of borrower default, the Bank seeks recovery in compliance with state lending laws, the Bank’s lending standards, and credit monitoring and remediation procedures. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are generally reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield over the contractual life of the loan using the interest method. The following portfolio segments and classes of loan receivables have been identified by the Company: • Commercial • Non-residential real estate • One-to-four family residential real estate • Multi-family residential real estate • Consumer direct • Purchased auto loans Generally, for all classes of loans receivable, loans are considered past due when contractual payments are delinquent for 31 days or greater. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. For all classes of loans receivable, loans are placed on nonaccrual status when the loan has become over 90 days past due (unless the loan is well secured and in the process of collection). When a loan is placed on nonaccrual status, income recognition is ceased. Previously recorded but uncollected amounts of interest on nonaccrual loans are reversed at the time the loan is placed on nonaccrual status. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Should full collection of principal be expected, cash collected on nonaccrual loans can be recognized as interest income. For all classes of loans receivable, nonaccrual loans may be restored to accrual status provided the following criteria are met: • The loan is current, and all principal and interest amounts contractually due have been made, • All principal and interest amounts contractually due, including past due payments, are reasonably assured of repayment within a reasonable period, and • There is a period of minimum repayment performance, as follows, by the borrower in accordance with contractual terms: • Six months of repayment performance for contractual monthly payments, or • One year of repayment performance for contractual quarterly or semi-annual payments. Troubled debt restructuring exists when the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession (either imposed by court order, law, or agreement between the borrower and the Company) to the borrower that it would not otherwise consider. The Company is attempting to maximize its recovery of the balances of the loans through these various concessionary restructurings. The following criteria, related to granting a concession, together or separately, create a troubled debt restructuring: • A modification of terms of a debt such as one or a combination of: • The reduction of the stated interest rate to a rate lower than the current market rate for new debt with similar risk. • The extension of the maturity date or dates at a stated interest rate lower than the current market rate for new debt with similar risk. • The reduction of the face amount or maturity amount of the debt as stated in the instrument or other agreement. • The reduction of accrued interest. • A transfer from the borrower to the Company of receivables from third parties, real estate, other assets, or an equity position in the borrower to fully or partially satisfy a loan.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for loan losses For all portfolio segments, the allowance for loan losses is an amount necessary to absorb known and inherent losses that are both probable and reasonably estimable and is established through a provision for loan losses charged to earnings. Loan losses, for all portfolio segments, 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. For all portfolio segments, 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 affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. In addition, regulatory agencies, as an integral part of their examination process, periodically review the allowance for loan losses and may require the Company to make additions to the allowance based upon their judgment about information available to them at the time of their examinations. The general component consists of quantitative and qualitative factors and covers non-impaired loans. The quantitative factors are based on historical loss experience adjusted for qualitative factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company using the most recent twelve quarters with heavier weighting given to the most recent quarters. For performing credits acquired from Twin Oaks on December 31, 2014, the historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by Twin Oaks prior to the merger and by the Company after the merger using the most recent sixteen quarters with heavier weighting given to the most recent quarters. This actual loss experience is supplemented with other qualitative factors based on the risks present for each portfolio segment. These qualitative factors include consideration of the following: ● Levels of and trends in delinquencies and impaired loans ● Levels of and trends in charge-offs and recoveries ● Trends in volume and terms of loans ● Effects of any changes in risk selection and underwriting standards ● Other changes in lending policies, procedures and practices ● Experience, ability and depth of lending management and other relevant staff ● National and local economic trends and conditions ● Industry conditions ● Effects of changes in credit concentrations A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and non-residential loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. A discussion of the risk characteristics and the allowance for estimated losses on loans, by each portfolio segment, follows: For commercial loans, the Company focuses on small and mid-sized businesses that have annual revenues below $5,000,000 with primary operations as wholesalers, manufacturers, building contractors, business services companies, and retailers. The Company provides a wide range of commercial loans, including lines of credit for working capital and operational purposes, and term loans for the acquisition of facilities, equipment and other purposes. The Company also originates commercial loans through Bankers Health Group (BHG). BHG specializes in loans to healthcare professionals of all specialties throughout the United States. The loans for BHG are primarily comprised of working capital and equipment loans. We underwrite these loans based on our criteria and service the loans in-house. Approval is generally based on the following factors: • Ability and stability of current management of the borrower; • Stable earnings with positive financial trends; • Sufficient cash flow to support debt repayment; • Earnings projections based on reasonable assumptions; • Financial strength of the industry and business; and • Value and marketability of collateral. Collateral for commercial loans generally includes accounts receivable, inventory, and equipment. The lending policy specifies approved collateral types and corresponding maximum advance percentages. The value of collateral pledged on loans must exceed the loan amount by a margin sufficient to absorb potential erosion of its value in the event of foreclosure and cover the loan amount plus costs incurred to convert it to cash. The lending policy specifies maximum term limits for commercial loans. For term loans, the maximum term is 5 years. Generally, term loans range from 3 to 5 years. For lines of credit, the maximum term is 365 days. In addition, the Company often takes personal guarantees as support for repayment. Loans may be made on an unsecured basis if warranted by the overall financial condition of the borrower. Non-residential real estate loans are subject to underwriting standards and processes similar to commercial loans, in addition to those standards and processes specific to real estate loans. Collateral for non-residential real estate loans generally includes the underlying real estate and improvements, and may include additional assets of the borrower. The lending policy specifies maximum loan-to-value limits based on the category of non-residential real estate (non-residential real estate loans on improved property, raw land, land development, and commercial construction). These limits are the same limits established by regulatory authorities. The lending policy also includes guidelines for real estate appraisals, including minimum appraisal standards based on certain transactions. In addition, the Company often takes personal guarantees as support for repayment. Some of the non-residential loans that the Company originates finance the construction of residential dwellings and land development. For land development, the loans generally can be made with a maximum loan to value ratio of 70% and a maximum term up to 10 years. Additionally, the Company will underwrite commercial construction loans for commercial development projects including condominiums, apartment buildings, single-family subdivisions, single-family speculation loans, as well as owner-occupied properties used for business. These loans provide for payment of interest only during the construction phase and may, in the case of an apartment or commercial building, convert to a permanent loan upon completion. In the case of a single family subdivision or construction or builder loan, as individual lots are sold, the principal balance is reduced by a minimum of 80% of the net lot sales price. In the case of a commercial construction loan, the construction period may be from nine months to two years. Loans are generally made to a maximum of 70% of the appraised value as determined by an appraisal of the property made by an independent state certified general real estate appraiser. Periodic inspections are required of the property during the term of the construction loan for both residential and commercial construction loans. For commercial and non-residential real estate loans, the allowance for estimated losses on loans consists of specific and general components. For loans that are considered impaired as defined above, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The Company hires an independent firm to perform a loan review every 16-24 months to validate the risk ratings on selected commercial and non-residential loans. Additionally, the reviews include an analysis of debt service requirements, covenant compliance, if applicable, and collateral adequacy. They also perform a documentation review on selected loans to determine if the credit is properly documented and closed in accordance with approval authorities and conditions. The next review will occur during the first quarter of 2016. Generally, the Company’s one-to-four family real estate loans conform to the underwriting standards of Freddie Mac and Fannie Mae which would allow the Company the ability to resell the loans in the secondary market. The Company structures most loans that will not conform to those underwriting requirements as adjustable rate mortgages that adjust in one, three or five year increments and retains those in its portfolio. The board approved lending policy establishes minimum appraisal and credit underwriting guidelines, The Company also participates with the USDA Rural Development Company to offer loans to qualifying borrowers. USDA guaranteed loans are granted up to 100% of the appraised value and the USDA guarantees up to 90% of the loan. These loans typically require no down payment, but are subject to maximum income limitations. The Company also originates loans for multi-family dwellings. These loans follow board and regulatory approved underwriting guidelines similar to commercial loans, in addition to those standards and processes specific to real estate loans. Collateral for multi-family real estate loans generally includes the underlying real estate and improvements, and may include additional assets of the borrower. The board approved lending policy specifies maximum loan-to-value limits based on the type of property. The lending policy also includes guidelines for real estate appraisals, including minimum appraisal standards based on certain transactions. The policy also specifies minimum ongoing credit administration procedures including the collection of financial statements, tax returns and rent rolls when applicable. Additionally, the Company will take personal guarantees and cross collateralize other assets of the guarantors as support for repayment. The Company provides many types of installment and other consumer loans including motor vehicle, home improvement, share loans, personal unsecured loans, home equity, and small personal credit lines. The lending policy addresses specific credit guidelines by consumer loan type. Unsecured loans generally have a maximum borrowing limit of $25,000 and a maximum term of four years. The procedures for underwriting consumer loans include an assessment of the applicant’s payment history on other debts and ability to meet existing obligations and payments on the proposed loans. Although the applicant’s credit-worthiness is a primary consideration, the underwriting process also includes a comparison of the value of the collateral, if any, to the proposed loan amount. The Company purchases auto loans from regulated financial institutions. These types of loans are primarily low balance individual auto loans. The Company reviews the loans at least three days prior to the purchase. Any specific loan can be refused within thirty days of the sale of any given loan pool. For residential real estate loans, multi-family, consumer direct loans (e.g. installment, in-house auto, other consumer loans, etc.) and purchased auto loans, the allowance for estimated losses on loans consists of a specific and general component. The specific component is evaluated for only loans that are classified as impaired, which is based on current information and events if it is probable that the company will be unable to collect the scheduled payments according to the terms of the agreement. Impairment on these is measured on a case-by-case basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. For large groups of smaller balance homogenous loans that are under 90 days past due, they are collectively evaluated for impairment. To determine the general component, the Company applies quantitative factors based on historical charge-off experience in total for each segment. Additionally, the historical loss factors are adjusted based on qualitative factors determined by the Company which impact each segment. Residential real estate loans, multi-family real estate loans, consumer direct loans and purchased auto loans are not risk ranked individually. These loans are only classified when the borrower is 90 days or more past due or if the borrower has another loan with the Company that is over 90 days past due and dependent upon the same collateral. Under such circumstances, all of the loans connected with the collateral are classified as substandard and these loans are evaluated for impairment. Troubled debt restructurings are considered impaired loans and are subject to the same allowance methodology as described above for impaired loans by portfolio segment.
Finance Loans and Leases Receivable Acquired [Policy Text Block]	Loans Acquired in a Transfer FASB ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality, The Company considered expected prepayments and estimated the total expected cash flows, which included undiscounted expected principal and interest. The excess of that amount over the fair value of the loan is referred to as accretable yield. Accretable yield is recognized an interest income on a constant yield basis over the expected life of the loan. The excess of the contractual cash flows over expected cash flows is referred to as non-accretable difference and is not accreted into income. Over the life of the loan, the Company continues to estimate expected cash flows. Subsequent decreases in expected cash flows are recognized as impairments in the current period through the allowance for loan losses. Subsequent increases in cash flows to be collected are first used to reverse any existing valuation allowance and any remaining increases are recognized prospectively through an adjustment of the loan’s yield over its remaining life. FASB ASC Topic 310-20, Nonrefundable Fees and Other Costs,
Transfers and Servicing of Financial Assets, Transfers of Financial Assets, Financings, Policy [Policy Text Block]	Servicing Servicing assets are recognized as separate assets when rights are acquired through purchase or through sale of financial assets. For sales of mortgage loans, a portion of the cost of originating the loan is allocated to the servicing right based on fair value. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. Capitalized servicing rights are amortized into non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights into tranches based on predominant risk characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the capitalized amount for the tranche. If the Company later determines that all or a portion of the impairment no longer exists for a particular tranche, a reduction of the allowance may be recorded as an increase to income. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income.
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	Transfers of financial assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Real Estate, Policy [Policy Text Block]	Foreclosed real estate Real estate properties acquired through, or in lieu of, loan foreclosure are initially recorded at fair value less estimated costs to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less estimated cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in other expenses. The carrying value of foreclosed residential real estate property as of December 31, 2015 and 2014, was $313,368 and $232,650, respectively. There were four residential real estate loans in the process of foreclosure as of December 31, 2015, totaling approximately $234,000 and 32 residential real estate loans in the process of foreclosure as of December 31, 2014, totaling approximately $1.3 million.
Income Tax, Policy [Policy Text Block]	Income taxes Deferred income tax assets and liabilities are computed quarterly for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to amounts which are more likely than not realizable. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation process, if any. A tax position that meets the more likely than not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more likely than not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management’s judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company has no uncertain tax positions for which a liability has been recorded. The Company is no longer subject to examination by federal or state taxing authorities for the tax year 2011 and the years prior.
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and equipment Land is carried at cost. Premises and equipment are carried at cost, less accumulated depreciation. Premises and equipment are depreciated using the straight-line and accelerated depreciation methods over the estimated useful lives of the assets: Years Buildings 5 - 50 Furniture and equipment 5 - 39
Employee Stock Ownership Plan (ESOP), Policy [Policy Text Block]	Employee stock ownership plan The Bank has an employee stock ownership plan (ESOP) covering substantially all employees. The cost of shares issued to the ESOP but not yet allocated to participants is presented in the consolidated balance sheets as a reduction of stockholders’ equity. Compensation expense is recorded based on the market price of the shares as they are committed to be released for allocation to participant accounts.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-based compensation The Company recognizes compensation cost for all stock-based awards based on the estimated grant date fair value. The fair value of stock options is estimated using a Black-Scholes option pricing model and amortized to expense over the option’s vesting periods, as more fully disclosed in Note 12.
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	Off-balance-sheet financial instruments
Comprehensive Income, Policy [Policy Text Block]	Comprehensive income (loss) Comprehensive income (loss) consists of net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) includes unrealized gains and losses on securities available for sale net of the related tax effect.
Commitments and Contingencies, Policy [Policy Text Block]	Loss contingencies Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. In the normal course of business, management will reach settlements over legal issues which are recorded in the period received. Management does not believe there are any such matters that will have a material effect on the consolidated financial statements.
Fair Value Measurement, Policy [Policy Text Block]	Fair value measurement s In accordance with the provisions of FASB ASC 820, Fair Value Measurements and Disclosures ,
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair value of financial instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 17. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates.
Present Value of Future Insurance Profits, Policy [Policy Text Block]	Cash surrender value of life insurance The Company has purchased bank-owned life insurance on certain directors and officers. Bank-owned life insurance is recorded at its cash surrender value. Changed in the cash surrender values are included in other income.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill resulting from business combinations is generally determined as the excess of the fair value of the consideration transferred over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. On December 31, 2014, the Company completed a merger (see Note 2), which resulted in the recognition of goodwill of approximately $650,000. Goodwill acquired in a purchase business combination is not amortized, but tested for impairment at least annually or more frequently if events or circumstances exist that indicate that a goodwill test should be performed. The Company has selected December 31 as the date to perform the annual impairment test. At December 31, 2015, the Company’s evaluation of goodwill indicated that goodwill was not impaired.
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Core deposit intangible The core deposit intangible represents the value of acquired customer relationships resulting from the Company’s December 31, 2014 merger (see Note 2) with Twin Oaks. The core deposit intangible will be amortized using the double declining balance method over an estimated useful life of 9.8 years. The Company will periodically review the status of the core deposit intangible for any events or circumstances which may change the recoverability of the underlying basis. Estimated future amortization expense on core deposit intangible is shown in the table below: Years Ending December 31, Amount 2016 $ 92,000 2017 73,000 2018 58,000 2019 46,000 2020 38,000 Thereafter 144,000 $ 451,000
Earnings Per Share, Policy [Policy Text Block]	Earnings per share Basic earnings per share is based on net income divided by the weighted average number of shares outstanding during the period, including allocated and committed-to-be-released Employee Stock Ownership Plan (“ESOP”) shares and vested Management Recognition Plan (“MRP”) shares. Diluted earnings per share show the dilutive effect, if any, of additional common shares issuable under stock options and awards. See Note 12 for additional information on the MRP and RRP plans. Years ended December 31, 2015 2014 Net income available to common stockholders $ 770,962 $ 804,317 Basic potential common shares: Weighted average shares outstanding 2,894,123 2,120,105 Weighted average unallocated ESOP shares (23,081 ) (28,169 ) Weighted average unvested MRP shares (2,572 ) (4,389 ) Basic weighted average shares outstanding 2,868,470 2,087,547 Dilutive potential common shares: Weighted average unrecognized compensation on MRP shares 2,406 3,659 Weighted average RRP options outstanding * 10,366 - Dilutive weighted average shares outstanding 2,881,242 2,091,206 Basic earnings per share $ 0.27 $ 0.39 Diluted earnings per share $ 0.27 $ 0.38 *The effect of share options for 2014 were not included in the calculation of diluted earnings per share because to do so would have been anti-dilutive.
Segment Reporting, Policy [Policy Text Block]	Segment reporting The Company views the Bank as one operating segment, therefore, separate reporting of financial segment information is not considered necessary. The Company approaches the Bank as one business enterprise which operates in a single economic environment since the products and services, types of customers and regulatory environment all have similar characteristics.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent accounting pronouncements In January 2014, the FASB issued ASU No. 2014-04, Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40) Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans u pon Foreclosure. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. In August 2014, the FASB issued ASU No. 2014-14, Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure. In January 2016, the FASB issued ASU 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842)

Note 1 - Summary of Significa28

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Useful Lives of Property Plant and Equipment [Table Text Block]	Years Buildings 5 - 50 Furniture and equipment 5 - 39
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Years Ending December 31, Amount 2016 $ 92,000 2017 73,000 2018 58,000 2019 46,000 2020 38,000 Thereafter 144,000 $ 451,000
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Years ended December 31, 2015 2014 Net income available to common stockholders $ 770,962 $ 804,317 Basic potential common shares: Weighted average shares outstanding 2,894,123 2,120,105 Weighted average unallocated ESOP shares (23,081 ) (28,169 ) Weighted average unvested MRP shares (2,572 ) (4,389 ) Basic weighted average shares outstanding 2,868,470 2,087,547 Dilutive potential common shares: Weighted average unrecognized compensation on MRP shares 2,406 3,659 Weighted average RRP options outstanding * 10,366 - Dilutive weighted average shares outstanding 2,881,242 2,091,206 Basic earnings per share $ 0.27 $ 0.39 Diluted earnings per share $ 0.27 $ 0.38

Note 2 - Acquisition (Tables)

Note 2 - Acquisition (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	2014 Assets Total cash and cash equivalents $ 2,031,791 Time deposits 854,861 Federal funds sold 440,000 Securities available for sale 23,856,673 Non-marketable equity securities 547,138 Loans 29,795,910 Premises and equipment, net 759,064 Accrued interest receivable 243,972 Deferred tax assets 869,186 Goodwill 649,869 Core deposit intangible 567,000 Other assets 284,745 Total assets acquired $ 60,900,209 Liabilities Deposits $ 49,610,398 Accrued interest payable 51 FHLB Advances 3,483,036 Other liabilities 681,724 Total liabilities assumed $ 53,775,209 $ 7,125,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	Balance, beginning of year $ 1,323,647 Payment activity (545,936 ) Accretion into interest income 120,406 Charge-offs (19,810 ) Transfer to OREO (302,702 ) $ 575,605
Certain Loans Acquired in Transfer, Accretable Yield [Table Text Block]	Balance, beginning of year $ 362,000 Net reclassification from non-accretable yield 38,822 Accretion into interest income (120,406 ) Disposals (105,074 ) $ 175,342
Business Acquisition, Pro Forma Information [Table Text Block]	2014 (unaudited) (Dollar amounts in thousands) Net interest income after provision for loan losses $ 7,521 Total other income 943 Total revenue 8,464 Net income $ 139

Note 4 - Investment Securities

Note 4 - Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Summary of Investment Holdings, Schedule of Investments [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value December 31, 2015: Available for Sale State and municipal securities $ 18,733,573 $ 525,089 $ 21,454 $ 19,237,208 Residential mortgage-backed securities 27,532,067 365,558 149,926 27,747,699 $ 46,265,640 $ 890,647 $ 171,380 $ 46,984,907 December 31, 2014: Available for Sale State and municipal securities $ 19,997,846 $ 261,791 $ 34,445 $ 20,225,192 Residential mortgage-backed securities 32,239,374 357,715 50,173 32,546,916 $ 52,237,220 $ 619,506 $ 84,618 $ 52,772,108
Investments Classified by Contractual Maturity Date [Table Text Block]	Securities Available for Sale Amortized Cost Fair Value Due in three months or less $ 500,000 $ 500,420 Due after three months through one year - - Due after one year through five years 804,421 828,218 Due after five years through ten years 7,717,743 7,951,219 Due after ten years 9,711,409 9,957,351 Residential mortgage-backed securities 27,532,067 27,747,699 $ 46,265,640 $ 46,984,907
Schedule of Unrealized Loss on Investments [Table Text Block]	Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses December 31, 2015 Securities Available for Sale State and municipal securities $ 169,601 $ 101 $ 436,067 $ 21,353 $ 605,668 $ 21,454 Residential mortgage-backed securities 10,468,746 120,218 1,247,527 29,708 11,716,273 149,926 $ 10,638,347 $ 120,319 $ 1,683,594 $ 51,061 $ 12,321,941 $ 171,380 December 31, 2014 Securities Available for Sale State and municipal securities $ 408,165 $ 93 $ 701,492 $ 34,352 $ 1,109,657 $ 34,445 Residential mortgage-backed securities 2,449,087 21,546 3,468,577 28,627 5,917,664 50,173 $ 2,857,252 $ 21,639 $ 4,170,069 $ 62,979 $ 7,027,321 $ 84,618

Note 5 - Loans and Allowance 31

Note 5 - Loans and Allowance for Credit Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	December 31, 2015 December 31, 2014 Mortgage loans: One-to-four family residential loans $ 99,254,737 $ 98,144,990 Multi-family residential loans 3,969,207 3,111,650 Total mortgage loans 103,223,944 101,256,640 Other loans: Non-residential real estate loans 20,177,322 20,928,085 Commercial loans 12,069,815 12,242,145 Consumer direct 1,651,371 1,724,700 Purchased auto 5,211,755 8,664,550 Total other loans 39,110,263 43,559,480 Gross loans 142,334,207 144,816,120 Less: Allowance for loan losses (2,224,006 ) (2,314,607 ) Loans, net $ 140,110,201 $ 142,501,513
Schedule of Loans Acquired in Merger [Table Text Block]	December 31, 2015 December 31, 2014 Mortgage loans: One-to-four family residential loans $ 20,752,355 $ 23,667,808 Multi-family residential loans 294,020 529,147 Total mortgage loans 21,046,375 24,196,955 Other loans: Non-residential real estate loans 2,685,987 3,141,438 Commercial loans 852,077 1,450,602 Consumer direct 541,174 1,006,915 Total other loans 4,079,238 5,598,955 Gross loans 25,125,613 29,795,910 Less: Allowance for loan losses (85,000 ) - Loans, net $ 25,040,613 $ 29,795,910
Schedule of Loans Purchased [Table Text Block]	Years Ended December 31, 2015 2014 One-to-four family $ 2,000,000 $ - Purchased auto loans - 4,038,145 $ 2,000,000 $ 4,038,145
Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]	Years Ended December 31, 2015 2014 One-to-four family $ (200,954 ) $ (895,524 ) Multi-family (17,505 ) (159,403 ) Non-residential (18,307 ) (336,110 ) Commercial - - Consumer direct (57,203 ) (22,247 ) Purchased auto (66,810 ) (83,689 ) Net (charge-offs)/recoveries $ (360,779 ) $ (1,496,973 )
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]	December 31, 2015 One-to-Four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Balance at beginning of period $ 1,812,448 $ 121,918 $ 245,098 $ 35,947 $ 10,804 $ 88,392 $ 2,314,607 Provision charged to income 116,088 37,824 (28,451 ) 15,359 83,586 45,772 270,178 Loans charged off (296,169 ) (33,892 ) (18,307 ) - (64,183 ) (73,965 ) (486,516 ) Recoveries of loans previously charged off 95,215 16,387 - - 6,980 7,155 125,737 Balance at end of period $ 1,727,582 $ 142,237 $ 198,340 $ 51,306 $ 37,187 $ 67,354 $ 2,224,006 Period-end amount allocated to: Loans individually evaluated for impairment $ 295,770 $ - $ 75,086 $ - $ - $ - $ 370,856 Loans acquired with deteriorated credit quality 15,828 - - - - - 15,828 Loans collectively evaluated for impairment 1,415,984 142,237 123,254 51,306 37,187 67,354 1,837,322 Balance at end of period $ 1,727,582 $ 142,237 $ 198,340 $ 51,306 $ 37,187 $ 67,354 $ 2,224,006 December 31, 2014 One-to-Four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Balance at beginning of period $ 2,277,325 $ 141,367 $ 388,215 $ 29,965 $ 1,698 $ 72,010 $ 2,910,580 Provision charged to income 430,647 139,954 192,993 5,982 31,353 100,071 901,000 Loans charged off (975,968 ) (183,270 ) (336,110 ) - (25,947 ) (90,389 ) (1,611,684 ) Recoveries of loans previously charged off 80,444 23,867 - - 3,700 6,700 114,711 Balance at end of period $ 1,812,448 $ 121,918 $ 245,098 $ 35,947 $ 10,804 $ 88,392 $ 2,314,607 Period-end amount allocated to: Loans individually evaluated for impairment $ 43,055 $ - $ - $ - $ - $ - $ 43,055 Loans acquired with deteriorated credit quality - - - - - - - Loans collectively evaluated for impairment 1,769,393 121,918 245,098 35,947 10,804 88,392 2,271,552 Balance at end of period $ 1,812,448 $ 121,918 $ 245,098 $ 35,947 $ 10,804 $ 88,392 $ 2,314,607 December 31, 20115 One-to-four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Loans individually evaluated for impairment $ 2,311,855 $ - $ 2,069,922 $ - $ - $ 3,069 $ 4,384,846 Loans acquired with deteriorated credit quality 575,605 - - - - - 575,605 Loans collectively evaluated for impairment 96,367,277 3,969,207 18,107,400 12,069,815 1,651,371 5,208,686 137,373,756 Ending Balance $ 99,254,737 $ 3,969,207 $ 20,177,322 $ 12,069,815 $ 1,651,371 $ 5,211,755 $ 142,334,207 December 31, 2014 One-to-four Family Multi-family Non-residential Commercial Consumer Direct Purchased Auto Total Loans individually evaluated for impairment $ 2,352,445 $ 257,399 $ 2,007,871 $ - $ - $ 10,971 $ 4,628,686 Loans acquired with deteriorated credit quality 1,292,549 - 31,098 - - - 1,323,647 Loans collectively evaluated for impairment 94,499,996 2,854,251 18,889,116 12,242,145 1,724,700 8,653,579 138,863,787 Ending Balance $ 98,144,990 $ 3,111,650 $ 20,928,085 $ 12,242,145 $ 1,724,700 $ 8,664,550 $ 144,816,120
Impaired Financing Receivables [Table Text Block]	December 31, 2015 Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment One-to-four family $ 3,014,703 $ 1,902,819 $ 984,641 $ 2,887,460 $ 311,598 $ 3,596,800 Multi-family - - - - - - Non-residential 2,069,922 389,961 1,679,961 2,069,922 75,086 2,114,684 Commercial - - - - - 21,789 Consumer direct - - - - - 3,464 Purchased auto 3,069 3,069 - 3,069 - 6,574 $ 5,087,694 $ 2,295,849 $ 2,664,602 $ 4,960,451 $ 386,684 $ 5,743,311 December 31, 2014 Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment One-to-four family $ 6,321,593 $ 3,364,478 $ 280,516 $ 3,644,994 $ 43,055 $ 3,232,026 Multi-family 440,669 257,399 - 257,399 - 196,499 Non-residential 2,220,498 2,038,969 - 2,038,969 - 2,030,582 Commercial - - - - - - Consumer direct 3,851 - - - - - Purchased auto 10,971 10,971 - 10,971 - 4,179 $ 8,997,582 $ 5,671,817 $ 280,516 $ 5,952,333 $ 43,055 $ 5,463,286
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	December 31, 2015 Nonaccrual Loans Past Due Over 90 Days Stil Accruing One-to-four family $ 2,982,386 $ - Multi-family - - Non-residential 2,069,922 - Commercial - - Consumer direct - - Purchased auto 3,069 - $ 5,055,377 $ - December 31, 2014 Nonaccrual Loans Past Due Over 90 Days Still Accruing One-to-four family $ 3,732,833 $ - Multi-family 257,399 - Non-residential 2,038,969 - Commercial - - Consumer direct - - Purchased auto 10,971 - $ 6,040,172 $ -
Past Due Financing Receivables [Table Text Block]	December 31, 2015 Loans 30-59 Days Past Due Loans 60- 89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans One-to-four family $ 1,251,155 $ 753,597 $ 737,042 $ 2,741,794 $ 96,512,943 $ 99,254,737 Multi-family 31,274 - - 31,274 3,937,933 3,969,207 Non-residential 847,216 112,739 18,127 978,082 19,199,240 20,177,322 Commercial 9,086 - - 9,086 12,060,729 12,069,815 Consumer direct 4,814 - - 4,814 1,646,557 1,651,371 Purchased auto 2,391 - 3,069 5,460 5,206,295 5,211,755 $ 2,145,936 $ 866,336 $ 758,238 $ 3,770,510 $ 138,563,697 $ 142,334,207 December 31, 2014 Loans 30-59 Days Past Due Loans 60- 89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans One-to-four family $ 2,622,762 $ 309,909 $ 1,741,415 $ 4,674,086 $ 93,470,904 $ 98,144,990 Multi-family 150,418 - 257,399 407,817 2,703,833 3,111,650 Non-residential 526,713 419,697 114,573 1,060,983 19,867,102 20,928,085 Commercial 96,525 - - 96,525 12,145,620 12,242,145 Consumer direct 9,172 - - 9,172 1,715,528 1,724,700 Purchased auto - - 10,971 10,971 8,653,579 8,664,550 $ 3,405,590 $ 729,606 $ 2,124,358 $ 6,259,554 $ 138,556,566 $ 144,816,120
Financing Receivable Credit Quality Indicators [Table Text Block]	December 31, 2015 Pass Special Mention Substandard Doubtful Not rated One-to-four family $ - $ 692,601 $ 2,887,460 $ - $ 95,674,676 Multi-family - - - - 3,969,207 Non-residential 18,083,194 24,206 2,069,922 - - Commercial 12,069,815 - - - - Consumer direct - - - - 1,651,371 Purchased auto - - 3,069 - 5,208,686 Total $ 30,153,009 $ 716,807 $ 4,960,451 $ - $ 106,503,940 December 31, 2014 Pass Special Mention Substandard Doubtful Not rated One-to-four family $ - $ 1,486,881 $ 3,644,994 $ - $ 93,013,115 Multi-family - - 257,399 - 2,854,251 Non-residential 18,889,116 - 2,038,969 - - Commercial 11,646,385 595,760 - - - Consumer direct - - - - 1,724,700 Purchased auto - - 10,971 - 8,653,579 Total $ 30,535,501 $ 2,082,641 $ 5,952,333 $ - $ 106,245,645

Note 7 - Accrued Interest Rec32

Note 7 - Accrued Interest Receivable (Tables)	12 Months Ended
	Dec. 31, 2015
Accrued Interest Receivable [Abstract]
Schedule of Accrued Interest Receivable [Table Text Block]	2015 2014 State and municipal securities $ 191,801 $ 201,706 Residential mortgage-backed securities 91,391 116,451 Loans 492,449 553,869 Other - 9,586 $ 775,641 $ 881,612

Note 8 - Premises and Equipme33

Note 8 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	2015 2014 Cost: Land $ 2,190,649 $ 2,190,649 Buildings 7,231,808 7,128,102 Furniture and equipment 1,421,856 1,281,956 10,844,313 10,600,707 Less: Accumulated depreciation 3,786,266 3,560,479 $ 7,058,047 $ 7,040,228

Note 9 - Deposits (Tables)

Note 9 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Deposits [Table Text Block]	2015 2014 Amount Percent Amount Percent Non-interest bearing checking $ 10,325,832 5.84 % $ 8,198,356 4.50 % Interest bearing checking 26,390,366 14.93 % 22,847,282 12.54 % Money market 29,580,209 16.74 % 29,278,041 16.07 % Savings 22,740,062 12.87 % 22,764,931 12.49 % Certificates of deposit 87,698,439 49.62 % 99,144,409 54.41 % Interest bearing 166,409,076 94.16 % 174,034,663 95.50 % Total $ 176,734,908 100.00 % $ 182,233,019 100.00 %
Interest Expense on Deposits [Table Text Block]	December 31, 2015 2014 Money market $ 60,054 $ 46,089 Savings 16,161 13,279 Certificates of deposit 777,084 885,014 Checking 11,516 6,938 $ 864,815 $ 951,320
Schedule of Maturities of Certificates of Deposit [Table Text Block]	2016 $ 37,482,454 2017 21,487,970 2018 15,742,854 2019 7,446,829 2020 5,538,332 $ 87,698,439

Note 10 - Borrowings (Tables)

Note 10 - Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	December 31, 2015 2014 Open lines of credit at 0.30% $ - 2,800,000 Matured 10/02/2015 at 0.36%, fixed - 499,547 Matures 01/13/2016 at 3.90%, fixed 1,002,431 1,031,600 Matures 03/30/2018 at 1.72%, fixed 494,211 491,638 Matures 04/01/2019 at 2.00%, fixed 492,723 490,540 Matures 10/03/2022 at 1.48%, fixed 149,752 169,711 $ 2,139,117 $ 5,483,036

Note 11 - Employee Benefit an36

Note 11 - Employee Benefit and Retirement Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]	December 31, 2015 2014 Shares allocated 55,964 50,876 Shares withdrawn from the plan (18,497 ) (8,403 ) Unallocated shares 20,350 25,438 Total ESOP shares 57,817 67,911 Fair value of unallocated shares $ 204,518 $ 254,380
Schedule of Employee Benefit and Retirement Plans [Table Text Block]	December 31, 2015 2014 Number of participants: Retirees 4 4 Active directors - not yet eligible 2 2 Total 6 6 December 31, 2015 2014 Number of participants: Retirees 3 3 Active employees - fully eligible - 1 Active employees - not yet eligible 3 3 Total 6 7
Schedule of Changes in Projected Benefit Obligations [Table Text Block]	Years ended December 31, 2015 2014 (Amounts in thousands) Change in benefit obligation Benefit obligation at beginning of year $ 353 $ - Service cost - - Interest cost 12 - Actuarial loss (gain) 1 - Benefits paid (31 ) - Assumed liability - 353 Benefit obligation at end of year 335 353 Change in plan assets Employer contributions 31 - Benefits paid (31 ) - Fair value of plan assets at year end - - Funded status (335 ) (353 ) Actuarial loss (gain) 1 - Net amount recognized $ (334 ) $ (353 ) Years ended December 31, 2015 2014 (Amounts in thousands) Change in benefit obligation Benefit obligation at beginning of year $ 341 $ 288 Service cost 7 5 Interest cost 14 14 Actuarial loss (gain) (79 ) 37 Plan amendments (3 ) - Benefits paid (8 ) (7 ) Retiree contributions 5 4 Benefit obligation at end of year 277 341 Change in plan assets Employer contributions 3 3 Retiree contributions 5 4 Benefits paid (8 ) (7 ) Fair value of plan assets at year end - - Funded status (277 ) (341 ) Actuarial loss (gain) (135 ) (63 ) Net amount recognized $ (412 ) $ (404 )
Schedule of Amounts Recognized in Balance Sheet [Table Text Block]	December 31, 2015 2014 Accumulated post-retirement benefit obligation: Active participants $ (100,296 ) $ (100,632 ) Retired participants including beneficiaries (234,461 ) (252,255 ) Total (334,757 ) (352,887 ) Plan assets at fair value - - Funded status (334,757 ) (352,887 ) Actuarial loss 654 - (Accrued) cost included in other liabilities $ (334,103 ) $ (352,887 ) December 31, 2015 2014 Accumulated post-retirement benefit obligation: Retirees $ (71,177 ) $ (63,928 ) Active employees - fully eligible - (74,280 ) Active employees - not yet eligible (205,756 ) (203,247 ) Total (276,933 ) (341,455 ) Plan assets at fair value - - Funded status (276,933 ) (341,455 ) Actuarial (gain) (134,786 ) (62,977 ) (Accrued) cost included in other liabilities $ (411,719 ) $ (404,432 )
Schedule of Net Benefit Costs [Table Text Block]	Years ended December 31, 2015 2014 Service cost $ - $ - Interest cost 11,816 - Amortization net gain 654 - Net cost $ 12,470 $ - Years ended December 31, 2015 2014 Service cost $ 6,755 $ 5,394 Interest cost 13,733 14,349 Amortization net gain (10,057 ) (17,070 ) Net cost (benefit) $ 10,431 $ 2,673
Schedule of Assumptions Used [Table Text Block]	December 31, 2015 2014 Discount rate 3.75% 3.50% Mortality 2014 IRS applicable mortality table based on RP-2000 mortality for healthy males with projections to the year 2022 2014 IRS applicable mortality table based on RP-2000 mortality for healthy males with projections to the year 2020 December 31, 2015 2014 Discount rate 4.32 % 4.08 % Expected long-term return on plan assets - - Rate of compensation increase - -
Schedule of Expected Benefit Payments [Table Text Block]	Year Other Benefits (Amounts in thousands) 2016 $ 31 2017 30 2018 28 2019 26 2020 25 2021-2025 129 Year Other Benefits (Amounts in thousands) 2016 $ 8 2017 14 2018 17 2019 26 2020 26 2021-2025 149
Schedule of Health Care Cost Trend Rates [Table Text Block]	December 31, 2015 2014 Health care cost trend rate assumed for next year 8.00 % 8.00 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 5.50 % 5.50 % Year that the rate reaches the ultimate trend rate 2021 2020
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]	1-Percentage Point Increase 1-Percentage Point Decrease (Amounts in thousands) Effect on total of service and interest cost components $ 6 $ (4 ) Effect on post-retirement benefit obligation $ 63 $ (55 )

Note 12 - Stock Compensation (T

Note 12 - Stock Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Schedule of Share-based Compensation, Activity [Table Text Block]	Year ending December 31, 2015 Shares Weighted Average Grant Date Fair Value Outstanding and non-vested at beginning of year 2,795 $ 4.69 Granted - - Vested and transferred to recipients (1,748 ) 4.95 Outstanding and non-vested at end of year 1,047 $ 4.25 Year ending December 31, 2014 Shares Weighted Average Grant Date Fair Value Outstanding and non-vested at beginning of year 4,539 $ 4.79 Granted - - Vested and transferred to recipients (1,744 ) 4.95 Outstanding and non-vested at end of year 2,795 $ 4.69
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Year ended December 31, 2015 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value Outstanding at beginning of year 92,667 $ 10.46 3.10 $ Granted - - Exercised - - Outstanding at end of year 92,667 $ 10.46 2.10 $ - Exercisable at year end 90,048 $ 10.65 1.99 $ - Year ended December 31, 2014 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value Outstanding at beginning of year 92,667 $ 10.46 4.10 $ - Granted - - Exercised - - Outstanding at end of year 92,667 $ 10.46 3.10 $ - Exercisable at year end 85,686 $ 10.94 2.81 $ -
Schedule of Nonvested Share Activity [Table Text Block]	Stock Options Shares Weighted Average Exercise Price Non-vested at beginning of year 6,981 $ 4.69 Granted - - Vested (4,362 ) 4.95 Non-vested at end of year 2,619 $ 4.25

Note 13 - Income Taxes (Tables)

Note 13 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Years Ended December 31, 2015 2014 Federal: Current $ (82,735 ) $ 186,705 Deferred 244,915 61,820 162,180 248,525 State: Current 72,535 106,327 Deferred 11,090 (7,573 ) 83,625 98,754 $ 245,805 $ 347,279
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Years Ended December 31, 2015 2014 Expected income taxes $ 355,868 $ 403,059 Income tax effect of: State taxes, net of federal tax benefit 54,356 64,190 Tax exempt interest (187,964 ) (90,736 ) Income taxed at lower rates (10,168 ) (11,516 ) Other 33,713 (17,718 ) $ 245,805 $ 347,279
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	December 31, 2015 2014 Deferred tax assets Employee benefit plans $ 955,036 $ 1,060,583 Allowance for loan losses 552,581 480,385 Net operating loss carryforwards 992,947 656,179 MRP/RRP compensation 187,822 187,524 Loans 245,912 796,381 Purchase accounting - acquisition expenses 144,204 155,630 Other 140,392 233,388 3,218,894 3,570,070 Deferred tax liabilities Unrealized gain on securities available for sale (281,342 ) (207,633 ) FHLB stock dividends - (43,539 ) Origination of mortgage servicing rights (35,790 ) (42,049 ) Core deposit intangible (176,408 ) (221,781 ) (493,540 ) (515,002 ) Net deferred tax asset $ 2,725,354 $ 3,055,068

Note 14 - Regulatory Matters (T

Note 14 - Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes: Action Provisions: Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2015: Total Risk-Based Capital (to risk-weighted assets) $ 29,642 22.36 % $ 10,606 8.00 % $ 13,258 10.00 % Tier I Capital (to risk-weighted assets) $ 27,969 21.10 % $ 7,955 6.00 % $ 10,606 8.00 % Common Equity Tier I (to risk-weighted assets) $ 27,969 21.10 % $ 5,966 4.50 % $ 8,617 6.50 % Tier I Leverage (to adjusted total assets) $ 27,969 13.18 % $ 8,490 4.00 % $ 10,612 5.00 % December 31, 2014: Total Risk-Based Capital (to risk-weighted assets) $ 26,914 20.28 % $ 10,615 8.00 % $ 13,268 10.00 % Tier I Risk-Based Capital (to risk-weighted assets) $ 25,247 19.03 % $ 5,307 4.00 % $ 7,961 6.00 % Tier I Leverage (to adjusted total assets) $ 25,247 11.59 % $ 8,713 4.00 % $ 10,891 5.00 % Tangible Capital (to adjusted total assets) $ 25,247 11.59 % $ 3,267 1.50 % N/A N/A

Note 15 - Commitments and Con40

Note 15 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	Variable rate Fixed rate Total Range of rates on fixed rate commitments As of December 31, 2015: Commitments to originate loans $ 640,500 $ 302,000 $ 942,500 3.50% - 3.88% Unfunded commitments on construction loans 94,033 - 94,033 - Unfunded commitments under lines of credit 11,974,680 - 11,974,680 - 12,709,213 302,000 13,011,213 Standby letters of credit - 18,000 18,000 9.00% $ 12,709,213 $ 320,000 $ 13,029,213 As of December 31, 2014: Commitments to originate loans $ 170,000 $ 1,451,126 $ 1,621,126 3.88% - 6.25% Unfunded commitments on construction loans 424,477 331,052 755,529 4.25% - 4.75% Unfunded commitments under lines of credit 10,190,042 - 10,190,042 - 10,784,519 1,782,178 12,566,697 Standby letters of credit - 18,000 18,000 9.00% $ 10,784,519 $ 1,800,178 $ 12,584,697

Note 16 - Fair Values Measure41

Note 16 - Fair Values Measurements and Disclosures (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	December 31, 2015 Level 1 Level 2 Level 3 Total Fair Value State and municipal securities available for sale $ - $ 19,237,208 $ - $ 19,237,208 Residential mortgage-backed securities available for sale - 27,747,699 - 27,747,699 $ - $ 46,984,907 $ - $ 46,984,907 December 31, 2014 Level 1 Level 2 Level 3 Total Fair Value State and municipal securities available for sale $ - $ 20,225,192 $ - $ 20,225,192 Residential mortgage-backed securities available for sale - 32,546,916 - 32,546,916 $ - $ 52,772,108 $ - $ 52,772,108
Fair Value Measurements, Nonrecurring [Table Text Block]	December 31, 2015 Level 1 Level 2 Level 3 Total Fair Value Foreclosed assets - - $ 330,245 $ 330,245 Impaired loans, net - - 2,277,918 2,277,918 December 31, 2014 Level 1 Level 2 Level 3 Total Fair Value Foreclosed assets $ - $ - $ 295,650 $ 295,650 Impaired loans, net - - 1,561,108 1,561,108

Note 17 - Fair Values of Fina42

Note 17 - Fair Values of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Fair Value Measurements at December 31, 2015 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 7,135,719 $ 7,135,719 $ - $ - $ 7,135,719 Time deposits 250,000 250,000 - - 250,000 Federal funds sold 1,604,000 1,604,000 - - 1,604,000 Securities 48,343,028 - 46,984,907 1,358,121 48,343,028 Accrued interest receivable 775,641 775,641 - - 775,641 Net loans 140,110,201 - - 141,665,000 141,665,000 Loans held for sale - - - - - Mortgage servicing rights 285,927 - - 285,927 285,927 Financial Liabilities: Non-interest bearing deposits 10,325,832 10,325,832 - - 10,325,832 Interest bearing deposits 166,409,076 - - 161,173,168 161,173,168 Accrued interest payable 394 394 - - 394 FHLB advances 2,139,117 - 2,139,117 - 2,139,117 Carrying December 31, 2014 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 5,193,235 $ 5,193,235 $ - $ - $ 5,193,235 Time deposits 854,861 854,861 - - 854,861 Federal funds sold 1,662,000 1,662,000 - - 1,662,000 Securities 54,552,782 - 52,772,108 1,780,674 54,552,782 Accrued interest receivable 881,612 881,612 - - 881,612 Net loans 142,501,513 - - 144,682,000 144,682,000 Loans held for sale - - - - - Mortgage servicing rights 271,819 - - 271,819 271,819 Financial Liabilities: Non-interest bearing deposits 8,198,356 8,198,356 - - 8,198,356 Interest bearing deposits 174,034,663 - - 172,789,644 172,789,644 Accrued interest payable 369 369 - - 369 FHLB advances 5,483,036 - 5,483,036 - 5,483,036

Note 18 - Condensed Parent On43

Note 18 - Condensed Parent Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet [Table Text Block]	December 31, 2015 2014 Statements of financial condition Assets: Interest bearing deposits $ 325,764 $ 327,738 Equity in net assets of Ottawa Savings Bank 30,495,721 29,480,686 ESOP note receivable 266,792 323,990 Total assets $ 31,088,277 $ 30,132,414 Liabilities and stockholders' equity: Liabilities $ - $ - Redeemable common stock in ESOP plan 376,543 424,730 Stockholders' Equity 30,711,734 29,707,684 Total liabilities and stockholders' equity $ 31,088,277 $ 30,132,414
Condensed Income Statement [Table Text Block]	Years Ended December 31, 2015 2014 Statements of operations Equity in net income of subsidiary $ 830,134 $ 842,045 Interest income 20,249 23,614 Operating income 850,383 865,659 Other expenses 79,421 65,342 Income before income tax benefit 770,962 800,317 Income tax (benefit) - (4,000 ) Net income $ 770,962 $ 804,317
Condensed Cash Flow Statement [Table Text Block]	Years Ended December 31, Statements of cash flows 2015 2014 Operating activities: Net income $ 770,962 $ 804,317 Adjustments to reconcile net income to net cash used in operating activities: Undistributed net income of subsidiary (830,134 ) (842,045 ) Net cash used in operating activities (59,172 ) (37,728 ) Investing activities: Payments received on ESOP note receivable 57,198 53,833 Net cash provided by investing activities 57,198 53,833 Financing activities: Cash dividends paid - - Purchase of treasury stock - - Net cash used in financing activities - - Net (decrease) increase in cash and cash equivalents (1,974 ) 16,105 Cash and cash equivalents: Beginning of period 327,738 311,633 End of period $ 325,764 $ 327,738 Supplemental Schedule of Noncash Investing and Financing Activities (Decrease) increase in ESOP put option liability $ (48,187 ) $ 105,640

Note 1 - Summary of Significa44

Note 1 - Summary of Significant Accounting Policies (Details)	Dec. 31, 2014USD ($)shares	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)shares	Dec. 31, 2005shares	Dec. 30, 2014
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Stock Issued During Period, Shares, New Issues (in Shares) | shares			776,144
Maximum Revenues of Customers (in Dollars)		$ 5,000,000
Loan and Lease Receviable, Line of Credit, Term		365 days
Real Estate Acquired Through Foreclosure (in Dollars)	$ 232,650	$ 313,368	$ 232,650
Mortgage Loans in Process of Foreclosure, Number of Loans	32	4	32
Mortgage Loans in Process of Foreclosure, Amount (in Dollars)	$ 1,300,000	$ 234,000	$ 1,300,000
Unrecognized Tax Benefits (in Dollars)	$ 0	0	0
Goodwill, Acquired During Period (in Dollars)			$ 650,000
Goodwill, Impairment Loss (in Dollars)		$ 0
Number of Reportable Segments		1
Number of Operating Segments		1
Ottawa Savings Bancorp MHC [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Stock Issued During Period, Shares, New Issues (in Shares) | shares	776,144
Common Stock, Shares, Outstanding (in Shares) | shares		1,999,845
Noncontrolling Interest, Ownership Percentage by Parent	69.10%	69.10%	69.10%		57.80%
Non-residential Real Estate Portfolio Segment [Member] | Land Development Loan [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan to Value Ratio		70.00%
Non-residential Real Estate Portfolio Segment [Member] | Single Family Sub-Divisions [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan to Value Ratio		70.00%
Residential Portfolio Segment [Member] | Construction Loans [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Percentage of Loan Balance to be Repaid as Lots Sold		80.00%
Ottawa Savings Bancorp MHC [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Stock Issued During Period, Shares, New Issues (in Shares) | shares				1,223,701
General Public [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Stock Issued During Period, Shares, New Issues (in Shares) | shares				1,001,210
USDA Rural Development Company Loans [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan and Lease Receviable, Loan Term		4 years
Loan to Value Ratio		100.00%
Percentage of Loan Guaranteed by USDA		90.00%
Maximum Borrowing Limit (in Dollars)		$ 25,000
Core Deposits [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Finite-Lived Intangible Asset, Useful Life		9 years 292 days
Minimum [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan and Lease Receviable, Loan Term		3 years
Minimum [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan and Lease Receviable, Loan Term		9 months
Maximum [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan and Lease Receviable, Loan Term		5 years
Maximum [Member] | Non-residential Real Estate Portfolio Segment [Member] | Land Development Loan [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan and Lease Receviable, Loan Term		10 years
Maximum [Member] | Residential Portfolio Segment [Member] | Construction Loans [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Loan and Lease Receviable, Loan Term		2 years

Note 1 - Summary of Significa45

Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives of Property Plant and Equipment	12 Months Ended
	Dec. 31, 2015
Minimum [Member] | Building [Member]
Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives of Property Plant and Equipment [Line Items]
Property plant and equipment useful life	5 years
Minimum [Member] | Furniture and Fixtures [Member]
Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives of Property Plant and Equipment [Line Items]
Property plant and equipment useful life	5 years
Maximum [Member] | Building [Member]
Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives of Property Plant and Equipment [Line Items]
Property plant and equipment useful life	50 years
Maximum [Member] | Furniture and Fixtures [Member]
Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives of Property Plant and Equipment [Line Items]
Property plant and equipment useful life	39 years

Note 1 - Summary of Significa46

Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Future Amortization of Intangible Assets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Future Amortization of Intangible Assets [Line Items]
	$ 451,000	$ 567,000
Core Deposits [Member]
Note 1 - Summary of Significant Accounting Policies (Details) - Estimated Future Amortization of Intangible Assets [Line Items]
2,016	92,000
2,017	73,000
2,018	58,000
2,019	46,000
2,020	38,000
Thereafter	144,000
	$ 451,000

Note 1 - Summary of Significa47

Note 1 - Summary of Significant Accounting Policies (Details) - Earnings Per Share - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 1 - Summary of Significant Accounting Policies (Details) - Earnings Per Share [Line Items]
Net income available to common stockholders (in Dollars)	$ 770,962	$ 804,317
Basic potential common shares:
Weighted average shares outstanding	2,894,123	2,120,105
Weighted average unallocated ESOP shares	(23,081)	(28,169)
Weighted average unvested MRP shares	(2,572)	(4,389)
Basic weighted average shares outstanding	2,868,470	2,087,547
Dilutive potential common shares:
Dilutive weighted average shares outstanding	2,881,242	2,091,206
Basic earnings per share (in Dollars per share)	$ 0.27	$ 0.39
Diluted earnings per share (in Dollars per share)	$ 0.27	$ 0.38
Management Recognition Plan [Member]
Dilutive potential common shares:
Dilutive potential common shares	2,406	3,659
Recogniztion and Retention Plan [Member]
Dilutive potential common shares:
Dilutive potential common shares	10,366

Note 2 - Acquisition (Details)

Note 2 - Acquisition (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 30, 2014
Note 2 - Acquisition (Details) [Line Items]
Stock Issued During Period, Shares, New Issues (in Shares)			776,144
Goodwill, Acquired During Period			$ 650,000
Twin Oaks [Member]
Note 2 - Acquisition (Details) [Line Items]
Stock Issued During Period, Shares, New Issues (in Shares)	776,144
Ottawa Savings Bancorp MHC [Member]
Note 2 - Acquisition (Details) [Line Items]
Stock Issued During Period, Shares, New Issues (in Shares)	776,144
Noncontrolling Interest, Ownership Percentage by Parent	69.10%	69.10%	69.10%	57.80%
Twin Oaks [Member]
Note 2 - Acquisition (Details) [Line Items]
Business Acquisition, Share Price (in Dollars per share)	$ 9.18		$ 9.18
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	$ 7,125,000		$ 7,125,000
Business Combination, Acquisition Related Costs		$ 850,000	395,000
Business Combination, Early Termination Fee		485,000
Goodwill, Acquired During Period	649,869
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets	29,795,910		29,795,910
Business Combination, Acquired Receivables, Gross Contractual Amount	28,638,000		28,638,000
Business Combination, Acquired Receivables, Fair Value	28,472,000		28,472,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield	362,000	175,342	362,000
Business Acquisitions Pro Forma Purchase Accounting Adjustments			33,000
Twin Oaks [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Note 2 - Acquisition (Details) [Line Items]
Business Combination, Acquired Receivables, Gross Contractual Amount	3,194,000	$ 1,208,000	3,194,000
Twin Oaks [Member] | Loans Receivable [Member]
Note 2 - Acquisition (Details) [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets	31,831,910		31,831,910
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance	407,000		407,000
Certain Loans Acquired in Transfer, Accretable Yield	573,000		573,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net	166,000		166,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Acquired During Period, Contractually Required Payments Receivable at Acquisition	3,194,000		3,194,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Acquired During Period, Cash Flows Expected to be Collected at Acquisition	1,324,000		1,324,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Carrying Amount, Net	1,870,000		1,870,000
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield	362,000		362,000
Certain Loans Acquired in Transfer, Nonaccretable Difference	1,508,000		1,508,000
Twin Oaks [Member] | Estimate of Fair Value Measurement [Member] | Loans Receivable [Member]
Note 2 - Acquisition (Details) [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets	$ 29,795,910		$ 29,795,910

Note 2 - Acquisition (Details)

Note 2 - Acquisition (Details) - Summary of Acquired Assets and Liabilities - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets
Goodwill	$ 649,869	$ 649,869
Twin Oaks [Member]
Assets
Total cash and cash equivalents		2,031,791
Time deposits		854,861
Federal funds sold		440,000
Securities available for sale		23,856,673
Non-marketable equity securities		547,138
Loans		29,795,910
Premises and equipment, net		759,064
Accrued interest receivable		243,972
Deferred tax assets		869,186
Goodwill		649,869
Core deposit intangible		567,000
Other assets		284,745
Total assets acquired		60,900,209
Liabilities
Deposits		49,610,398
Accrued interest payable		51
FHLB Advances		3,483,036
Other liabilities		681,724
Total liabilities assumed		53,775,209
		$ 7,125,000

Note 2 - Acquisition (Details50

Note 2 - Acquisition (Details) - Loans Acquired With Deteriorated Credit Quality - Twin Oaks [Member]	12 Months Ended
	Dec. 31, 2015USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Balance	$ 1,323,647
Payment activity	(545,936)
Accretion into interest income	120,406
Charge-offs	(19,810)
Transfer to OREO	(302,702)
Balance	$ 575,605

Note 2 - Acquisition (Details51

Note 2 - Acquisition (Details) - Accretable Yield of Loans Acquired With Deteriorated Credit Quality - Twin Oaks [Member]	12 Months Ended
	Dec. 31, 2015USD ($)
Note 2 - Acquisition (Details) - Accretable Yield of Loans Acquired With Deteriorated Credit Quality [Line Items]
Balance, beginning of year	$ 362,000
Net reclassification from non-accretable yield	38,822
Accretion into interest income	(120,406)
Disposals	(105,074)
	$ 175,342

Note 2 - Acquisition (Details52

Note 2 - Acquisition (Details) - Pro-Forma Unaudited Results - Twin Oaks [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)
Note 2 - Acquisition (Details) - Pro-Forma Unaudited Results [Line Items]
Net interest income after provision for loan losses	$ 7,521
Total other income	943
Total revenue	8,464
Net income	$ 139

Note 4 - Investment Securitie53

Note 4 - Investment Securities (Details)	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Investments, Debt and Equity Securities [Abstract]
Proceeds from Sale of Available-for-sale Securities	$ 7,000,000	$ 3,500,000
Available-for-sale Securities, Gross Realized Gains	37,475	42,054
Available-for-sale Securities, Gross Realized Losses	33,149	17,234
Available-for-sale Securities, Gross Realized Gain (Loss)	4,326	24,820
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	$ 1,692	$ 9,635
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	20
Aggregate Percentage Loss on Securities With Unrealized Loss Position	1.37%
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0

Note 4 - Investment Securitie54

Note 4 - Investment Securities (Details) - The Amortized Cost and Fair Values of Securities - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Available for Sale
Available for Sale - Amortized Cost	$ 46,265,640	$ 52,237,220
Available for Sale - Gross Unrealized Gains	890,647	619,506
Available for Sale - Gross Unrealized Losses	171,380	84,618
Available for Sale - Fair Value	46,984,907	52,772,108
US States and Political Subdivisions Debt Securities [Member]
Available for Sale
Available for Sale - Amortized Cost	18,733,573	19,997,846
Available for Sale - Gross Unrealized Gains	525,089	261,791
Available for Sale - Gross Unrealized Losses	21,454	34,445
Available for Sale - Fair Value	19,237,208	20,225,192
Residential Mortgage Backed Securities [Member]
Available for Sale
Available for Sale - Amortized Cost	27,532,067	32,239,374
Available for Sale - Gross Unrealized Gains	365,558	357,715
Available for Sale - Gross Unrealized Losses	149,926	50,173
Available for Sale - Fair Value	$ 27,747,699	$ 32,546,916

Note 4 - Investment Securitie55

Note 4 - Investment Securities (Details) - The Amortized Cost and Fair Value by Contractual Maturity - USD ($)	Dec. 31, 2015	Dec. 31, 2014
The Amortized Cost and Fair Value by Contractual Maturity [Abstract]
Due in three months or less	$ 500,000
Due in three months or less	500,420
Due after three months through one year	0
Due after three months through one year	0
Due after one year through five years	804,421
Due after one year through five years	828,218
Due after five years through ten years	7,717,743
Due after five years through ten years	7,951,219
Due after ten years	9,711,409
Due after ten years	9,957,351
Residential mortgage-backed securities	27,532,067
Residential mortgage-backed securities	27,747,699
	46,265,640
	$ 46,984,907	$ 52,772,108

Note 4 - Investment Securitie56

Note 4 - Investment Securities (Details) - Securities with Gross Unrealized Losses - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Securities Available for Sale
Available for Sale Securities - Unrealized Loss Position Less than 12 Months Fair Value	$ 10,638,347	$ 2,857,252
Available for Sale Securities - Unrealized Loss Position Less than 12 Months Unrealized Losses	120,319	21,639
Available for Sale Securities - Unrealized Loss Position 12 Months or More Fair Value	1,683,594	4,170,069
Available for Sale Securities - Unrealized Loss Position 12 Months or More Unrealized Losses	51,061	62,979
Available for Sale Securities - Unrealized Loss Position Fair Value	12,321,941	7,027,321
Available for Sale Securities - Unrealized Loss Position Unrealized Losses	171,380	84,618
US States and Political Subdivisions Debt Securities [Member]
Securities Available for Sale
Available for Sale Securities - Unrealized Loss Position Less than 12 Months Fair Value	169,601	408,165
Available for Sale Securities - Unrealized Loss Position Less than 12 Months Unrealized Losses	101	93
Available for Sale Securities - Unrealized Loss Position 12 Months or More Fair Value	436,067	701,492
Available for Sale Securities - Unrealized Loss Position 12 Months or More Unrealized Losses	21,353	34,352
Available for Sale Securities - Unrealized Loss Position Fair Value	605,668	1,109,657
Available for Sale Securities - Unrealized Loss Position Unrealized Losses	21,454	34,445
Residential Mortgage Backed Securities [Member]
Securities Available for Sale
Available for Sale Securities - Unrealized Loss Position Less than 12 Months Fair Value	10,468,746	2,449,087
Available for Sale Securities - Unrealized Loss Position Less than 12 Months Unrealized Losses	120,218	21,546
Available for Sale Securities - Unrealized Loss Position 12 Months or More Fair Value	1,247,527	3,468,577
Available for Sale Securities - Unrealized Loss Position 12 Months or More Unrealized Losses	29,708	28,627
Available for Sale Securities - Unrealized Loss Position Fair Value	11,716,273	5,917,664
Available for Sale Securities - Unrealized Loss Position Unrealized Losses	$ 149,926	$ 50,173

Note 5 - Loans and Allowance 57

Note 5 - Loans and Allowance for Credit Losses (Details)	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Note 5 - Loans and Allowance for Credit Losses (Details) [Line Items]
Impaired Financing Receivable, Interest Income, Accrual Method	$ 0	$ 0
Impaired Financing Receivable, Interest Income, Cash Basis Method	0	0
Impaired Financing Receivable, Recorded Investment	$ 4,960,451	$ 5,952,333
Financing Receivable, Modifications, Number of Contracts	0	0
Loans and Leases Receivable, Related Parties	$ 85,390	$ 173,739
Troubled Debt Restructurings [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 2,600,000	$ 2,600,000

Note 5 - Loans and Allowance 58

Note 5 - Loans and Allowance for Credit Losses (Details) - Components of Loans, Net of Deferred Loan Costs (Fees) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Mortgage loans:
Gross loans	$ 142,334,207	$ 144,816,120
Less: Allowance for loan losses	(2,224,006)	(2,314,607)	$ (2,910,580)
Loans, net	140,110,201	142,501,513
Residential Portfolio Segment [Member]
Mortgage loans:
Gross loans	103,223,944	101,256,640
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Mortgage loans:
Gross loans	99,254,737	98,144,990
Less: Allowance for loan losses	(1,727,582)	(1,812,448)	(2,277,325)
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Mortgage loans:
Gross loans	3,969,207	3,111,650
Less: Allowance for loan losses	(142,237)	(121,918)	(141,367)
Non-residential Real Estate Portfolio Segment [Member]
Mortgage loans:
Gross loans	20,177,322	20,928,085
Less: Allowance for loan losses	(198,340)	(245,098)	(388,215)
Commercial Portfolio Segment [Member]
Mortgage loans:
Gross loans	12,069,815	12,242,145
Less: Allowance for loan losses	(51,306)	(35,947)	(29,965)
Consumer Portfolio Segment [Member]
Mortgage loans:
Gross loans	1,651,371	1,724,700
Less: Allowance for loan losses	(37,187)	(10,804)	(1,698)
Purchased Auto Loans [Member]
Mortgage loans:
Gross loans	5,211,755	8,664,550
Less: Allowance for loan losses	(67,354)	(88,392)	$ (72,010)
Non-Mortgage Loans [Member]
Mortgage loans:
Gross loans	$ 39,110,263	$ 43,559,480

Note 5 - Loans and Allowance 59

Note 5 - Loans and Allowance for Credit Losses (Details) - Carrying Amount of Loans Acquired in Twin Oaks Merger - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Mortgage loans:
Gross loans	$ 142,334,207	$ 144,816,120
Less: Allowance for loan losses	(2,224,006)	(2,314,607)	$ (2,910,580)
Loans, net	140,110,201	142,501,513
Residential Portfolio Segment [Member]
Mortgage loans:
Gross loans	103,223,944	101,256,640
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Mortgage loans:
Gross loans	99,254,737	98,144,990
Less: Allowance for loan losses	(1,727,582)	(1,812,448)	(2,277,325)
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Mortgage loans:
Gross loans	3,969,207	3,111,650
Less: Allowance for loan losses	(142,237)	(121,918)	(141,367)
Non-residential Real Estate Portfolio Segment [Member]
Mortgage loans:
Gross loans	20,177,322	20,928,085
Less: Allowance for loan losses	(198,340)	(245,098)	(388,215)
Commercial Portfolio Segment [Member]
Mortgage loans:
Gross loans	12,069,815	12,242,145
Less: Allowance for loan losses	(51,306)	(35,947)	(29,965)
Consumer Portfolio Segment [Member]
Mortgage loans:
Gross loans	1,651,371	1,724,700
Less: Allowance for loan losses	(37,187)	(10,804)	$ (1,698)
Non-Mortgage Loans [Member]
Mortgage loans:
Gross loans	39,110,263	43,559,480
Twin Oaks [Member]
Mortgage loans:
Gross loans	25,125,613	29,795,910
Less: Allowance for loan losses	(85,000)	0
Loans, net	25,040,613	29,795,910
Twin Oaks [Member] | Residential Portfolio Segment [Member]
Mortgage loans:
Gross loans	21,046,375	24,196,955
Twin Oaks [Member] | Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Mortgage loans:
Gross loans	20,752,355	23,667,808
Twin Oaks [Member] | Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Mortgage loans:
Gross loans	294,020	529,147
Twin Oaks [Member] | Non-residential Real Estate Portfolio Segment [Member]
Mortgage loans:
Gross loans	2,685,987	3,141,438
Twin Oaks [Member] | Commercial Portfolio Segment [Member]
Mortgage loans:
Gross loans	852,077	1,450,602
Twin Oaks [Member] | Consumer Portfolio Segment [Member]
Mortgage loans:
Gross loans	541,174	1,006,915
Twin Oaks [Member] | Non-Mortgage Loans [Member]
Mortgage loans:
Gross loans	$ 4,079,238	$ 5,598,955

Note 5 - Loans and Allowance 60

Note 5 - Loans and Allowance for Credit Losses (Details) - Purchases of Loans Receivable - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 5 - Loans and Allowance for Credit Losses (Details) - Purchases of Loans Receivable [Line Items]
Loans purchased	$ 2,000,000	$ 4,038,145
Residential Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Purchases of Loans Receivable [Line Items]
Loans purchased	2,000,000	0
Purchased Auto Loans [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Purchases of Loans Receivable [Line Items]
Loans purchased	$ 0	$ 4,038,145

Note 5 - Loans and Allowance 61

Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries [Line Items]
Net (charge-offs)/recoveries	$ (360,779)	$ (1,496,973)
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries [Line Items]
Net (charge-offs)/recoveries	(200,954)	(895,524)
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries [Line Items]
Net (charge-offs)/recoveries	(17,505)	(159,403)
Non-residential Real Estate Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries [Line Items]
Net (charge-offs)/recoveries	(18,307)	(336,110)
Commercial Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries [Line Items]
Net (charge-offs)/recoveries	0	0
Consumer Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries [Line Items]
Net (charge-offs)/recoveries	(57,203)	(22,247)
Purchased Auto Loans [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Net (Charge-offs) / Recoveries [Line Items]
Net (charge-offs)/recoveries	$ (66,810)	$ (83,689)

Note 5 - Loans and Allowance 62

Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances [Line Items]
Balance at beginning of period	$ 2,314,607	$ 2,910,580
Provision charged to income	270,178	901,000
Loans charged off	(486,516)	(1,611,684)
Recoveries of loans previously charged off	125,737	114,711
Balance at end of period	2,224,006	2,314,607
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			$ 370,856	$ 43,055
Loans collectively evaluated for impairment, allowance			1,837,322	2,271,552
Allowance	2,224,006	2,314,607	2,224,006	2,314,607
Loans individually evaluated for impairment			4,384,846	4,628,686
Loans acquired with deteriorated credit quality			142,334,207	144,816,120
Loans collectively evaluated for impairment			137,373,756	138,863,787
Loans			142,334,207	144,816,120
Receivables Acquired with Deteriorated Credit Quality [Member]
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			15,828
Loans acquired with deteriorated credit quality			575,605	1,323,647
Loans			575,605	1,323,647
Residential Portfolio Segment [Member]
Period-end amount allocated to:
Loans acquired with deteriorated credit quality			103,223,944	101,256,640
Loans			103,223,944	101,256,640
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances [Line Items]
Balance at beginning of period	1,812,448	2,277,325
Provision charged to income	116,088	430,647
Loans charged off	(296,169)	(975,968)
Recoveries of loans previously charged off	95,215	80,444
Balance at end of period	1,727,582	1,812,448
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			295,770	43,055
Loans collectively evaluated for impairment, allowance			1,415,984	1,769,393
Allowance	1,812,448	1,812,448	1,727,582	1,812,448
Loans individually evaluated for impairment			2,311,855	2,352,445
Loans acquired with deteriorated credit quality			99,254,737	98,144,990
Loans collectively evaluated for impairment			96,367,277	94,499,996
Loans			99,254,737	98,144,990
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			15,828
Loans acquired with deteriorated credit quality			575,605	1,292,549
Loans			575,605	1,292,549
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances [Line Items]
Balance at beginning of period	121,918	141,367
Provision charged to income	37,824	139,954
Loans charged off	(33,892)	(183,270)
Recoveries of loans previously charged off	16,387	23,867
Balance at end of period	142,237	121,918
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			0	0
Loans collectively evaluated for impairment, allowance			142,237	121,918
Allowance	121,918	121,918	142,237	121,918
Loans individually evaluated for impairment			0	257,399
Loans acquired with deteriorated credit quality			3,969,207	3,111,650
Loans collectively evaluated for impairment			3,969,207	2,854,251
Loans			3,969,207	3,111,650
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Period-end amount allocated to:
Loans acquired with deteriorated credit quality			0	0
Loans			0	0
Non-residential Real Estate Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances [Line Items]
Balance at beginning of period	245,098	388,215
Provision charged to income	(28,451)	192,993
Loans charged off	(18,307)	(336,110)
Recoveries of loans previously charged off	0	0
Balance at end of period	198,340	245,098
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			75,086	0
Loans collectively evaluated for impairment, allowance			123,254	245,098
Allowance	245,098	245,098	198,340	245,098
Loans individually evaluated for impairment			2,069,922	2,007,871
Loans acquired with deteriorated credit quality			20,177,322	20,928,085
Loans collectively evaluated for impairment			18,107,400	18,889,116
Loans			20,177,322	20,928,085
Non-residential Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Period-end amount allocated to:
Loans acquired with deteriorated credit quality			0	31,098
Loans			0	31,098
Commercial Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances [Line Items]
Balance at beginning of period	35,947	29,965
Provision charged to income	15,359	5,982
Loans charged off	0	0
Recoveries of loans previously charged off	0	0
Balance at end of period	51,306	35,947
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			0	0
Loans collectively evaluated for impairment, allowance			51,306	35,947
Allowance	35,947	35,947	51,306	35,947
Loans individually evaluated for impairment			0	0
Loans acquired with deteriorated credit quality			12,069,815	12,242,145
Loans collectively evaluated for impairment			12,069,815	12,242,145
Loans			12,069,815	12,242,145
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Period-end amount allocated to:
Loans acquired with deteriorated credit quality			0	0
Loans			0	0
Consumer Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances [Line Items]
Balance at beginning of period	10,804	1,698
Provision charged to income	83,586	31,353
Loans charged off	(64,183)	(25,947)
Recoveries of loans previously charged off	6,980	3,700
Balance at end of period	37,187	10,804
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			0	0
Loans collectively evaluated for impairment, allowance			37,187	10,804
Allowance	10,804	10,804	37,187	10,804
Loans individually evaluated for impairment			0	0
Loans acquired with deteriorated credit quality			1,651,371	1,724,700
Loans collectively evaluated for impairment			1,651,371	1,724,700
Loans			1,651,371	1,724,700
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Period-end amount allocated to:
Loans acquired with deteriorated credit quality			0	0
Loans			0	0
Purchased Auto Loans [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Recorded Investment in Loans and the Related Allowances [Line Items]
Balance at beginning of period	88,392	72,010
Provision charged to income	45,772	100,071
Loans charged off	(73,965)	(90,389)
Recoveries of loans previously charged off	7,155	6,700
Balance at end of period	67,354	88,392
Period-end amount allocated to:
Loans individually evaluated for impairment, allowance			0	0
Loans collectively evaluated for impairment, allowance			67,354	88,392
Allowance	$ 88,392	$ 88,392	67,354	88,392
Loans individually evaluated for impairment			3,069	10,971
Loans acquired with deteriorated credit quality			5,211,755	8,664,550
Loans collectively evaluated for impairment			5,208,686	8,653,579
Loans			5,211,755	8,664,550
Purchased Auto Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Period-end amount allocated to:
Loans acquired with deteriorated credit quality			0	0
Loans			$ 0	$ 0

Note 5 - Loans and Allowance 63

Note 5 - Loans and Allowance for Credit Losses (Details) - Loans Individually Evaluated for Impairment - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	$ 5,087,694	$ 8,997,582
Recorded Investment With No Allowance	2,295,849	5,671,817
Recorded Investment With Allowance	2,664,602	280,516
Total Recorded Investment	4,960,451	5,952,333
Related Allowance	386,684	43,055
Average Recorded Investment	5,743,311	5,463,286
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	3,014,703	6,321,593
Recorded Investment With No Allowance	1,902,819	3,364,478
Recorded Investment With Allowance	984,641	280,516
Total Recorded Investment	2,887,460	3,644,994
Related Allowance	311,598	43,055
Average Recorded Investment	3,596,800	3,232,026
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	0	440,669
Recorded Investment With No Allowance	0	257,399
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	257,399
Related Allowance	0	0
Average Recorded Investment	0	196,499
Non-residential Real Estate Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	2,069,922	2,220,498
Recorded Investment With No Allowance	389,961	2,038,969
Recorded Investment With Allowance	1,679,961	0
Total Recorded Investment	2,069,922	2,038,969
Related Allowance	75,086	0
Average Recorded Investment	2,114,684	2,030,582
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	0	0
Recorded Investment With No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment	21,789	0
Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	0	3,851
Recorded Investment With No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment	3,464	0
Purchased Auto Loans [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Contractual Principal Balance	3,069	10,971
Recorded Investment With No Allowance	3,069	10,971
Recorded Investment With Allowance	0	0
Total Recorded Investment	3,069	10,971
Related Allowance	0	0
Average Recorded Investment	$ 6,574	$ 4,179

Note 5 - Loans and Allowance 64

Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days [Line Items]
Nonaccrual Loans	$ 5,055,377	$ 6,040,172
Loans Past Due Over 90 Days Still Accruing	0	0
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days [Line Items]
Nonaccrual Loans	2,982,386	3,732,833
Loans Past Due Over 90 Days Still Accruing	0	0
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days [Line Items]
Nonaccrual Loans	0	257,399
Loans Past Due Over 90 Days Still Accruing	0	0
Non-residential Real Estate Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days [Line Items]
Nonaccrual Loans	2,069,922	2,038,969
Loans Past Due Over 90 Days Still Accruing	0	0
Commercial Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days [Line Items]
Nonaccrual Loans	0	0
Loans Past Due Over 90 Days Still Accruing	0	0
Consumer Portfolio Segment [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days [Line Items]
Nonaccrual Loans	0	0
Loans Past Due Over 90 Days Still Accruing	0	0
Purchased Auto Loans [Member]
Note 5 - Loans and Allowance for Credit Losses (Details) - Nonaccrual Loans and Loans Past Due Over 90 Days [Line Items]
Nonaccrual Loans	3,069	10,971
Loans Past Due Over 90 Days Still Accruing	$ 0	$ 0

Note 5 - Loans and Allowance 65

Note 5 - Loans and Allowance for Credit Losses (Details) - Aging of the Recorded Investment in Loans - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	$ 3,770,510	$ 6,259,554
Loans current	138,563,697	138,556,566
Loans	142,334,207	144,816,120
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	2,145,936	3,405,590
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	866,336	729,606
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	758,238	2,124,358
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	103,223,944	101,256,640
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	2,741,794	4,674,086
Loans current	96,512,943	93,470,904
Loans	99,254,737	98,144,990
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	1,251,155	2,622,762
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	753,597	309,909
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	737,042	1,741,415
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	31,274	407,817
Loans current	3,937,933	2,703,833
Loans	3,969,207	3,111,650
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	31,274	150,418
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	257,399
Non-residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	978,082	1,060,983
Loans current	19,199,240	19,867,102
Loans	20,177,322	20,928,085
Non-residential Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	847,216	526,713
Non-residential Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	112,739	419,697
Non-residential Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	18,127	114,573
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	9,086	96,525
Loans current	12,060,729	12,145,620
Loans	12,069,815	12,242,145
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	9,086	96,525
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	4,814	9,172
Loans current	1,646,557	1,715,528
Loans	1,651,371	1,724,700
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	4,814	9,172
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Purchased Auto Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	5,460	10,971
Loans current	5,206,295	8,653,579
Loans	5,211,755	8,664,550
Purchased Auto Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	2,391	0
Purchased Auto Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Purchased Auto Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	$ 3,069	$ 10,971

Note 5 - Loans and Allowance 66

Note 5 - Loans and Allowance for Credit Losses (Details) - Loans by Risk Category - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 142,334,207	$ 144,816,120
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	30,153,009	30,535,501
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	716,807	2,082,641
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	4,960,451	5,952,333
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	106,503,940	106,245,645
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	103,223,944	101,256,640
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	99,254,737	98,144,990
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	692,601	1,486,881
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,887,460	3,644,994
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Residential Portfolio Segment [Member] | 1-4 Family Loan [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	95,674,676	93,013,115
Residential Portfolio Segment [Member] | Multi-Family Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,969,207	3,111,650
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	257,399
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Residential Portfolio Segment [Member] | Multi-Family Loans [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,969,207	2,854,251
Non-residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	20,177,322	20,928,085
Non-residential Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	18,083,194	18,889,116
Non-residential Real Estate Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	24,206	0
Non-residential Real Estate Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,069,922	2,038,969
Non-residential Real Estate Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Non-residential Real Estate Portfolio Segment [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	12,069,815	12,242,145
Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	12,069,815	11,646,385
Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	595,760
Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Commercial Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Commercial Portfolio Segment [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,651,371	1,724,700
Consumer Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Consumer Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Consumer Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Consumer Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Consumer Portfolio Segment [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,651,371	1,724,700
Purchased Auto Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	5,211,755	8,664,550
Purchased Auto Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Purchased Auto Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Purchased Auto Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,069	10,971
Purchased Auto Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	0	0
Purchased Auto Loans [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 5,208,686	$ 8,653,579

Note 6 - Servicing (Details)

Note 6 - Servicing (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Servicing [Abstract]
Unpaid Principal Balance on Loans Serviced for Others	$ 47,791,247	$ 46,435,055
Mortgage Servicing Rights, Loans Serviced for Others	$ 285,927	$ 271,819

Note 7 - Accrued Interest Rec68

Note 7 - Accrued Interest Receivable (Details) - Accrued Interest Receivable - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 7 - Accrued Interest Receivable (Details) - Accrued Interest Receivable [Line Items]
Accrued interest receivable	$ 775,641	$ 881,612
US States and Political Subdivisions Debt Securities [Member]
Note 7 - Accrued Interest Receivable (Details) - Accrued Interest Receivable [Line Items]
Accrued interest receivable	191,801	201,706
Residential Mortgage Backed Securities [Member]
Note 7 - Accrued Interest Receivable (Details) - Accrued Interest Receivable [Line Items]
Accrued interest receivable	91,391	116,451
Loans Receivable [Member]
Note 7 - Accrued Interest Receivable (Details) - Accrued Interest Receivable [Line Items]
Accrued interest receivable	492,449	553,869
Other Debt Obligations [Member]
Note 7 - Accrued Interest Receivable (Details) - Accrued Interest Receivable [Line Items]
Accrued interest receivable	$ 0	$ 9,586

Note 8 - Premises and Equipme69

Note 8 - Premises and Equipment (Details) - Premises and Equipment - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Cost:
Property, plant and equipment, gross	$ 10,844,313	$ 10,600,707
Less: Accumulated depreciation	3,786,266	3,560,479
	7,058,047	7,040,228
Land [Member]
Cost:
Property, plant and equipment, gross	2,190,649	2,190,649
Building [Member]
Cost:
Property, plant and equipment, gross	7,231,808	7,128,102
Furniture and Fixtures [Member]
Cost:
Property, plant and equipment, gross	$ 1,421,856	$ 1,281,956

Note 9 - Deposits (Details)

Note 9 - Deposits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure Text Block [Abstract]
Related Party Deposit Liabilities	$ 2,932,164	$ 2,644,197
Public Deposit Liabilities	3,504,383	3,847,095
Time Deposits, $100,000 or More	35,782,000	39,185,000
Time Deposits, at or Above FDIC Insurance Limit	6,928,000	6,102,000
Interest-bearing Domestic Deposit, Brokered	273,000	272,000
Payments for Brokerage Fees	$ 407	$ 362

Note 9 - Deposits (Details) - D

Note 9 - Deposits (Details) - Deposits - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deposits [Abstract]
Non-interest bearing checking	$ 10,325,832	$ 8,198,356
Non-interest bearing checking	5.84%	4.50%
Interest bearing checking	$ 26,390,366	$ 22,847,282
Interest bearing checking	14.93%	12.54%
Money market	$ 29,580,209	$ 29,278,041
Money market	16.74%	16.07%
Savings	$ 22,740,062	$ 22,764,931
Savings	12.87%	12.49%
Certificates of deposit	$ 87,698,439	$ 99,144,409
Certificates of deposit	49.62%	54.41%
Interest bearing	$ 166,409,076	$ 174,034,663
Interest bearing	94.16%	95.50%
Total	$ 176,734,908	$ 182,233,019
Total	100.00%	100.00%

Note 9 - Deposits (Details) - I

Note 9 - Deposits (Details) - Interest Expense on Deposits - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest Expense on Deposits [Abstract]
Money market	$ 60,054	$ 46,089
Savings	16,161	13,279
Certificates of deposit	777,084	885,014
Checking	11,516	6,938
	$ 864,815	$ 951,320

Note 9 - Deposits (Details) - S

Note 9 - Deposits (Details) - Scheduled Maturities of Certificates of Deposit - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Scheduled Maturities of Certificates of Deposit [Abstract]
2,016	$ 37,482,454
2,017	21,487,970
2,018	15,742,854
2,019	7,446,829
2,020	5,538,332
	$ 87,698,439	$ 99,144,409

Note 10 - Borrowings (Details)

Note 10 - Borrowings (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 10 - Borrowings (Details) [Line Items]
Advances from Federal Home Loan Banks	$ 2,139,117	$ 5,483,036
Federal Funds Purchased	0	$ 0
Bankers Bank of Wisconsin [Member]
Note 10 - Borrowings (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	5,000,000
Federal Home Loan Bank of Chicago [Member]
Note 10 - Borrowings (Details) [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	$ 68,300,000

Note 10 - Borrowings (Details)

Note 10 - Borrowings (Details) - Outstanding Advances - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 10 - Borrowings (Details) - Outstanding Advances [Line Items]
Open lines of credit at 0.30%		$ 2,800,000
Advances from FHLB	$ 2,139,117	5,483,036
Matures 10/02/2015 at 0.36% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances [Line Items]
Advances from FHLB		499,547
Matures 01/13/2016 at 3.90% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances [Line Items]
Advances from FHLB	1,002,431	1,031,600
Matures 3/30/2018 at 1.72% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances [Line Items]
Advances from FHLB	494,211	491,638
Matures 04/01/2019 at 2.00% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances [Line Items]
Advances from FHLB	492,723	490,540
Matures 10/03/2022 at 1.48% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances [Line Items]
Advances from FHLB	$ 149,752	$ 169,711

Note 10 - Borrowings (Details76

Note 10 - Borrowings (Details) - Outstanding Advances (Parentheticals)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 10 - Borrowings (Details) - Outstanding Advances (Parentheticals) [Line Items]
Interest rate on lines of credit		0.30%
Matures 10/02/2015 at 0.36% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances (Parentheticals) [Line Items]
Interest rate, fixed		0.36%
Maturity date on fixed rate advance		Oct. 2, 2015
Matures 01/13/2016 at 3.90% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances (Parentheticals) [Line Items]
Interest rate, fixed	3.90%	3.90%
Maturity date on fixed rate advance	Jan. 13, 2016	Jan. 13, 2016
Matures 3/30/2018 at 1.72% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances (Parentheticals) [Line Items]
Interest rate, fixed	1.72%	1.72%
Maturity date on fixed rate advance	Mar. 30, 2018	Mar. 30, 2018
Matures 04/01/2019 at 2.00% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances (Parentheticals) [Line Items]
Interest rate, fixed	2.00%	2.00%
Maturity date on fixed rate advance	Apr. 1, 2019	Apr. 1, 2019
Matures 10/03/2022 at 1.48% [Member]
Note 10 - Borrowings (Details) - Outstanding Advances (Parentheticals) [Line Items]
Interest rate, fixed	1.48%	1.48%
Maturity date on fixed rate advance	Oct. 3, 2022	Oct. 3, 2022

Note 11 - Employee Benefit an77

Note 11 - Employee Benefit and Retirement Plans (Details)	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	May. 06, 2005USD ($)$ / sharesshares
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Loan To Employee Stock Ownership Plan			$ 763,140
Employee Stock Ownership Plan (ESOP), Shares in ESOP (in Shares) | shares	57,817	67,911	76,314
Sale of Stock, Price Per Share (in Dollars per share) | $ / shares			$ 10
Employee Stock Ownership Plan ESOP Interest and Principal Payments From ESOP	$ 77,000
Employee Stock Ownership Plan (ESOP), Number of Committed-to-be-Released Shares (in Shares) | shares	5,087	5,088
Fair Value Per Share (in Dollars per share) | $ / shares	$ 10.85	$ 9.23
Employee Stock Ownership Plan (ESOP), Compensation Expense	$ 55,187	$ 46,933
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares (in Shares) | shares	55,964	50,876
Fair Value Inputs, Discount Rate	4.50%
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	50.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	6.00%
Defined Contribution Plan Safe Harbor Contributions Percent	3.00%
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 122,456	$ 74,788
Deferred Compensation Liability, Current and Noncurrent	$ 1,236,857	1,181,644
Pension Plan [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Supplemental Executive Retirement Plan [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Pension and Other Postretirement Defined Benefit Plans, Liabilities	$ 433,069	770,563
Pension and Other Postretirement Benefit Expense	73,292	119,724
Deferred Compensation Agreements with Certain Directors [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Contributions by Employer	93,689	51,509
Director Retirement Plan [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Contributions by Employer	$ 31,000	$ 0
Defined Benefit Plan, Number of Participants	6	6
Defined Benefit Plan Guaranteed Payment Term	10 years
Director Retirement Plan [Member] | Retiree Currently Receiving Benefits [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Number of Participants	1
Director Retirement Plan [Member] | Retiree to Begin Collecting Benefits Next Fiscal Year [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Number of Participants	3
Director Retirement Plan [Member] | Active Employees Not Yet Eligible [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Defined Benefit Plan, Number of Participants	2	2
Director Retirement Plan [Member] | Other Liabilities [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Defined Benefit Pension Plan, Liabilities	$ 334,103	$ 352,887
Mezzanine Capital [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) [Line Items]
Employee Stock Ownership Plan (ESOP), Number of Committed-to-be-Released Shares (in Shares) | shares		42,473
Fair Value Per Share (in Dollars per share) | $ / shares	$ 10.05	$ 10
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares (in Shares) | shares	37,467

Note 11 - Employee Benefit an78

Note 11 - Employee Benefit and Retirement Plans (Details) - Employee Stock Ownership Plan - USD ($)	Dec. 31, 2015	Dec. 31, 2014	May. 06, 2005
Employee Stock Ownership Plan [Abstract]
Shares allocated	55,964	50,876
Shares withdrawn from the plan	(18,497)	(8,403)
Unallocated shares (in Dollars)	$ 20,350	$ 25,438
Total ESOP shares	57,817	67,911	76,314
Fair value of unallocated shares (in Dollars)	$ 204,518	$ 254,380

Note 11 - Employee Benefit an79

Note 11 - Employee Benefit and Retirement Plans (Details) - Employment Benefit and Retirement Plans Valuation	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Director Retirement Plan [Member]
Number of participants:
Number of participants	6	6
Director Retirement Plan [Member] | Retirees [Member]
Number of participants:
Number of participants	4	4
Director Retirement Plan [Member] | Active Employees Not Yet Eligible [Member]
Number of participants:
Number of participants	2	2
Postretirement Health Coverage [Member]
Number of participants:
Number of participants	6	7
Postretirement Health Coverage [Member] | Retirees [Member]
Number of participants:
Number of participants	3	3
Postretirement Health Coverage [Member] | Active Employees Not Yet Eligible [Member]
Number of participants:
Number of participants	3	3
Postretirement Health Coverage [Member] | Active Employees Fully Eligible [Member]
Number of participants:
Number of participants	0	1

Note 11 - Employee Benefit an80

Note 11 - Employee Benefit and Retirement Plans (Details) - Obligations and Funded Status - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Director Retirement Plan [Member]
Change in benefit obligation
Benefit obligation at beginning of year	$ 353,000	$ 0
Service cost	0	0
Interest cost	11,816	0
Actuarial loss (gain)	1,000	0
Benefits paid	(31,000)	0
Assumed liability	0	353,000
Benefit obligation at end of year	335,000	353,000
Change in plan assets
Employer contributions	31,000	0
Benefits paid	(31,000)	0
Fair value of plan assets at year end	0	0
Funded status	(334,757)	(352,887)
Actuarial loss (gain)	654	0
Net amount recognized	(334,000)	(353,000)
Postretirement Health Coverage [Member]
Change in benefit obligation
Benefit obligation at beginning of year	341,000	288,000
Service cost	6,755	5,394
Interest cost	13,733	14,349
Actuarial loss (gain)	(79,000)	37,000
Plan amendments	(3,000)	0
Benefits paid	(8,000)	(7,000)
Retiree contributions	5,000	4,000
Benefit obligation at end of year	277,000	341,000
Change in plan assets
Employer contributions	3,000	3,000
Retiree contributions	5,000	4,000
Benefits paid	(8,000)	(7,000)
Fair value of plan assets at year end	0	0
Funded status	(276,933)	(341,455)
Actuarial loss (gain)	(134,786)	(62,977)
Net amount recognized	$ (412,000)	$ (404,000)

Note 11 - Employee Benefit an81

Note 11 - Employee Benefit and Retirement Plans (Details) - Amounts Recognized in Statement of Financial Position - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Director Retirement Plan [Member]
Accumulated post-retirement benefit obligation:
Accumulated post-retirement benefit obligation	$ (334,757)	$ (352,887)
Plan assets at fair value	0	0
Funded status	(334,757)	(352,887)
Actuarial	654	0
(Accrued) cost included in other liabilities	(334,103)	(352,887)
Director Retirement Plan [Member] | Active Participants [Member]
Accumulated post-retirement benefit obligation:
Accumulated post-retirement benefit obligation	(100,296)	(100,632)
Director Retirement Plan [Member] | Retired Participants Including Beneficiaries [Member]
Accumulated post-retirement benefit obligation:
Accumulated post-retirement benefit obligation	(234,461)	(252,255)
Postretirement Health Coverage [Member]
Accumulated post-retirement benefit obligation:
Accumulated post-retirement benefit obligation	(276,933)	(341,455)
Plan assets at fair value	0	0
Funded status	(276,933)	(341,455)
Actuarial	(134,786)	(62,977)
(Accrued) cost included in other liabilities	(411,719)	(404,432)
Postretirement Health Coverage [Member] | Retirees [Member]
Accumulated post-retirement benefit obligation:
Accumulated post-retirement benefit obligation	(71,177)	(63,928)
Postretirement Health Coverage [Member] | Active Employees Fully Eligible [Member]
Accumulated post-retirement benefit obligation:
Accumulated post-retirement benefit obligation	0	(74,280)
Postretirement Health Coverage [Member] | Active Employees Not Yet Eligible [Member]
Accumulated post-retirement benefit obligation:
Accumulated post-retirement benefit obligation	$ (205,756)	$ (203,247)

Note 11 - Employee Benefit an82

Note 11 - Employee Benefit and Retirement Plans (Details) - Components of Net Periodic Benefit Cost - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Director Retirement Plan [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) - Components of Net Periodic Benefit Cost [Line Items]
Service cost	$ 0	$ 0
Interest cost	11,816	0
Amortization net gain	654	0
Net cost (benefit)	12,470	0
Postretirement Health Coverage [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) - Components of Net Periodic Benefit Cost [Line Items]
Service cost	6,755	5,394
Interest cost	13,733	14,349
Amortization net gain	(10,057)	(17,070)
Net cost (benefit)	$ 10,431	$ 2,673

Note 11 - Employee Benefit an83

Note 11 - Employee Benefit and Retirement Plans (Details) - Weighted Average Assumptions Used to Determine Net Periodic Benefit Obligation/Cost	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Director Retirement Plan [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) - Weighted Average Assumptions Used to Determine Net Periodic Benefit Obligation/Cost [Line Items]
Discount rate	3.75%	3.50%
Mortality	2014 IRS applicable mortality table based on RP-2000 mortality for healthy males with projections to the year 2022	2014 IRS applicable mortality table based on RP-2000 mortality for healthy males with projections to the year 2020
Postretirement Health Coverage [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) - Weighted Average Assumptions Used to Determine Net Periodic Benefit Obligation/Cost [Line Items]
Discount rate	4.32%	4.08%
Expected long-term return on plan assets	0.00%	0.00%
Rate of compensation increase	0.00%	0.00%

Note 11 - Employee Benefit an84

Note 11 - Employee Benefit and Retirement Plans (Details) - Estimated Future Benefit Payments $ in Thousands	Dec. 31, 2015USD ($)
Director Retirement Plan [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) - Estimated Future Benefit Payments [Line Items]
2,016	$ 31
2,017	30
2,018	28
2,019	26
2,020	25
2021 - 2025	129
Postretirement Health Coverage [Member]
Note 11 - Employee Benefit and Retirement Plans (Details) - Estimated Future Benefit Payments [Line Items]
2,016	8
2,017	14
2,018	17
2,019	26
2,020	26
2021 - 2025	$ 149

Note 11 - Employee Benefit an85

Note 11 - Employee Benefit and Retirement Plans (Details) - Assumed Health Care Cost Trend Rates	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Assumed Health Care Cost Trend Rates [Abstract]
Health care cost trend rate assumed for next year	8.00%	8.00%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	5.50%	5.50%
Year that the rate reaches the ultimate trend rate	2,021	2,020

Note 11 - Employee Benefit an86

Note 11 - Employee Benefit and Retirement Plans (Details) - A One-Percentage-Point Change in the Assumed Health Care Cost Trend Rate $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
A One-Percentage-Point Change in the Assumed Health Care Cost Trend Rate [Abstract]
Effect on total of service and interest cost components	$ 6
Effect on total of service and interest cost components	(4)
Effect on post-retirement benefit obligation	63
Effect on post-retirement benefit obligation	$ (55)

Note 12 - Stock Compensation (D

Note 12 - Stock Compensation (Details) - USD ($)	Nov. 16, 2011	Nov. 17, 2010	Dec. 21, 2008	Nov. 21, 2006	Nov. 30, 2006	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Management Recognition Plan [Member]
Note 12 - Stock Compensation (Details) [Line Items]
Treasury Stock, Shares, Acquired					43,608
Treasury Stock Acquired, Average Cost Per Share					$ 13.46
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					5 years
Unamortized Cost of Unvested Shares						$ 3,751	$ 12,388
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized						$ 4,100
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						1 year
Allocated Share-based Compensation Expense						$ 8,600	$ 8,600
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number						1,047	2,795	4,539
Recogniztion and Retention Plan [Member]
Note 12 - Stock Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period						5 years
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized						$ 5,400
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						1 year
Allocated Share-based Compensation Expense						$ 10,000	$ 10,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	13,083	8,722	5,451	92,666		0	0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 4.25	$ 6	$ 9.90	$ 12.35		$ 0	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term						10 years

Note 12 - Stock Compensation 88

Note 12 - Stock Compensation (Details) - MRP Stock Awards - Management Recognition Plan [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 12 - Stock Compensation (Details) - MRP Stock Awards [Line Items]
Outstanding and non-vested at beginning of year	2,795	4,539
Outstanding and non-vested at beginning of year	$ 4.69	$ 4.79
Outstanding and non-vested at end of year	1,047	2,795
Outstanding and non-vested at end of year	$ 4.25	$ 4.69
Granted	0	0
Granted	$ 0	$ 0
Vested and transferred to recipients	(1,748)	(1,744)
Vested and transferred to recipients	$ 4.95	$ 4.95

Note 12 - Stock Compensation 89

Note 12 - Stock Compensation (Details) - RRP Stock Options - Recogniztion and Retention Plan [Member] - USD ($)	Nov. 16, 2011	Nov. 17, 2010	Dec. 21, 2008	Nov. 21, 2006	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 12 - Stock Compensation (Details) - RRP Stock Options [Line Items]
Outstanding at beginning of year					92,667	92,667	92,667
Outstanding at beginning of year					$ 10.46	$ 10.46	$ 10.46
Outstanding at beginning of year					2 years 36 days	3 years 36 days	4 years 36 days
Outstanding at beginning of year					$ 0	$ 0	$ 0
Granted	13,083	8,722	5,451	92,666	0	0
Granted	$ 4.25	$ 6	$ 9.90	$ 12.35	$ 0	$ 0
Exercised					0	0
Exercised					$ 0	$ 0
Outstanding at end of year					92,667	92,667	92,667
Outstanding at end of year					$ 10.46	$ 10.46	$ 10.46
Outstanding at end of year					2 years 36 days	3 years 36 days	4 years 36 days
Outstanding at end of year					$ 0	$ 0	$ 0
Exercisable at year end					90,048	85,686
Exercisable at year end					$ 10.65	$ 10.94
Exercisable at year end					1 year 361 days	2 years 295 days
Exercisable at year end					$ 0	$ 0

Note 12 - Stock Compensation 90

Note 12 - Stock Compensation (Details) - Vesting Status of the RRP Stock Options - Recogniztion and Retention Plan [Member] - USD ($)	Nov. 16, 2011	Nov. 17, 2010	Dec. 21, 2008	Nov. 21, 2006	Dec. 31, 2015	Dec. 31, 2014
Note 12 - Stock Compensation (Details) - Vesting Status of the RRP Stock Options [Line Items]
Non-vested at beginning of year					6,981
Non-vested at beginning of year (in Dollars per share)					$ 4.69
Granted	13,083	8,722	5,451	92,666	0	0
Granted (in Dollars per share)	$ 4.25	$ 6	$ 9.90	$ 12.35	$ 0	$ 0
Vested					(4,362)
Vested (in Dollars)					$ 4.95
Non-vested at end of year					2,619	6,981
Non-vested at end of year (in Dollars per share)					$ 4.25	$ 4.69

Note 13 - Income Taxes (Details

Note 13 - Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note 13 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%
Deferred Other Tax Expense (Benefit)	$ 2,268,000	$ 2,268,000
Unrecognized Tax Benefits	0	0
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Bad Debt Reserve for Tax Purposes of Qualified Lender		887,000
Operating Loss Carryforwards	4,900,000	3,500,000
Deferred Tax Assets, Valuation Allowance	0
Internal Revenue Service (IRS) [Member] | Domestic Tax Authority [Member]
Note 13 - Income Taxes (Details) [Line Items]
Operating Loss Carryforwards	2,500,000	1,600,000
Illinois Department of Revenue [Member] | State and Local Jurisdiction [Member]
Note 13 - Income Taxes (Details) [Line Items]
Operating Loss Carryforwards	$ 2,400,000	$ 1,900,000

Note 13 - Income Taxes (Detai92

Note 13 - Income Taxes (Details) - Income Tax Expense (Benefit) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Federal:
Current	$ (82,735)	$ 186,705
Deferred	244,915	61,820
	162,180	248,525
State:
Current	72,535	106,327
Deferred	11,090	(7,573)
	83,625	98,754
	$ 245,805	$ 347,279

Note 13 - Income Taxes (Detai93

Note 13 - Income Taxes (Details) - Income Tax Reconciliation - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Reconciliation [Abstract]
Expected income taxes	$ 355,868	$ 403,059
Income tax effect of:
State taxes, net of federal tax benefit	54,356	64,190
Tax exempt interest	(187,964)	(90,736)
Income taxed at lower rates	(10,168)	(11,516)
Other	33,713	(17,718)
	$ 245,805	$ 347,279

Note 13 - Income Taxes (Detai94

Note 13 - Income Taxes (Details) - Net Deferred Tax Asset - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets
Employee benefit plans	$ 955,036	$ 1,060,583
Allowance for loan losses	552,581	480,385
Net operating loss carryforwards	992,947	656,179
MRP/RRP compensation	187,822	187,524
Loans	245,912	796,381
Purchase accounting - acquisition expenses	144,204	155,630
Other	140,392	233,388
	3,218,894	3,570,070
Deferred tax liabilities
Unrealized gain on securities available for sale	(281,342)	(207,633)
FHLB stock dividends	0	(43,539)
Origination of mortgage servicing rights	(35,790)	(42,049)
Core deposit intangible	(176,408)	(221,781)
	(493,540)	(515,002)
Net deferred tax asset	$ 2,725,354	$ 3,055,068

Note 14 - Regulatory Matters (D

Note 14 - Regulatory Matters (Details)	Dec. 31, 2015	Dec. 31, 2014
Disclosure Text Block [Abstract]
Tier 1 Minimum Capital Requirement to Common Equity	4.50%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	4.00%
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Tier 1 Capital Conservation Buffer	2.50%

Note 14 - Regulatory Matters 96

Note 14 - Regulatory Matters (Details) - Capital Amounts and Ratios - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Capital Amounts and Ratios [Abstract]
Total Risk-Based Capital, amount	$ 29,642	$ 26,914
Total Risk-Based Capital, ratio	22.36%	20.28%
Total Risk-Based Capital, for capital adequacy, amount	$ 10,606	$ 10,615
Total Risk-Based Capital, for capital adequacy, ratio	8.00%	8.00%
Total Risk-Based Capital, to be well capitalized, amount	$ 13,258	$ 13,268
Total Risk-Based Capital, to be well capitalized, ratio	10.00%	10.00%
Tier I Capital, amount	$ 27,969	$ 25,247
Tier I Capital, ratio	21.10%	19.03%
Tier I Capital, for capital adequacy, amount	$ 7,955	$ 5,307
Tier I Capital, for capital adequacy, ratio	6.00%	4.00%
Tier I Capital, to be well capitalized, amount	$ 10,606	$ 7,961
Tier I Capital, to be well capitalized, ratio	8.00%	6.00%
Common Equity Tier I (to risk-weighted assets)	$ 27,969
Common Equity Tier I (to risk-weighted assets)	21.10%
Common Equity Tier I (to risk-weighted assets)	$ 5,966
Common Equity Tier I (to risk-weighted assets)	4.50%
Common Equity Tier I (to risk-weighted assets)	$ 8,617
Common Equity Tier I (to risk-weighted assets)	6.50%
Tier I Leverage, amount	$ 27,969	$ 25,247
Tier I Leverage, ratio	13.18%	11.59%
Tier I Leverage, for capital adequacy, amount	$ 8,490	$ 8,713
Tier I Leverage, for capital adequacy, ratio	4.00%	4.00%
Tier I Leverage, to be well capitalized, amount	$ 10,612	$ 10,891
Tier I Leverage, to be well capitalized, ratio	5.00%	5.00%
December 31, 2014:
Tangible Capital (to adjusted total assets)		$ 25,247
Tangible Capital (to adjusted total assets)		11.59%
Tangible Capital (to adjusted total assets)		$ 3,267
Tangible Capital (to adjusted total assets)		1.50%
Tangible Capital (to adjusted total assets)
Tangible Capital (to adjusted total assets)

Note 15 - Commitments and Con97

Note 15 - Commitments and Contingencies (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0	$ 0

Note 15 - Commitments and Con98

Note 15 - Commitments and Contingencies (Details) - Financial Instruments with Off-Balance Sheet Risks - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	$ 13,029,213	$ 12,584,697
Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	12,709,213	10,784,519
Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	320,000	1,800,178
Loan Origination Commitments [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	942,500	1,621,126
Loan Origination Commitments [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	640,500	170,000
Loan Origination Commitments [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	302,000	1,451,126
Unfunded Commitments on Construction Loans [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	94,033	755,529
Unfunded Commitments on Construction Loans [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	94,033	424,477
Unfunded Commitments on Construction Loans [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	0	331,052
Unfunded Commitments Under Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	11,974,680	10,190,042
Unfunded Commitments Under Lines of Credit [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	11,974,680	10,190,042
Unfunded Commitments Under Lines of Credit [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	0	0
Loan Commitments [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	13,011,213	12,566,697
Loan Commitments [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	12,709,213	10,784,519
Loan Commitments [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	302,000	1,782,178
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	$ 18,000	$ 18,000
Range of rates on fixed commitments	9.00%	9.00%
Standby Letters of Credit [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	$ 0	$ 0
Standby Letters of Credit [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	$ 18,000	$ 18,000
Minimum [Member] | Loan Origination Commitments [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Range of rates on fixed commitments	3.50%	3.88%
Minimum [Member] | Unfunded Commitments on Construction Loans [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Range of rates on fixed commitments		4.25%
Maximum [Member] | Loan Origination Commitments [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Range of rates on fixed commitments	3.88%	6.25%
Maximum [Member] | Unfunded Commitments on Construction Loans [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Range of rates on fixed commitments		4.75%

Note 16 - Fair Values Measure99

Note 16 - Fair Values Measurements and Disclosures (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 16 - Fair Values Measurements and Disclosures (Details) [Line Items]
Available-for-sale Securities	$ 46,984,907	$ 52,772,108
Fair Value, Inputs, Level 1 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) [Line Items]
Available-for-sale Securities	0	0
Fair Value, Inputs, Level 3 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) [Line Items]
Available-for-sale Securities	$ 0	$ 0

Note 16 - Fair Values Measur100

Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	$ 46,984,907	$ 52,772,108
US States and Political Subdivisions Debt Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	19,237,208	20,225,192
Residential Mortgage Backed Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	27,747,699	32,546,916
Fair Value, Inputs, Level 1 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 1 [Member] | US States and Political Subdivisions Debt Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 1 [Member] | Residential Mortgage Backed Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 2 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	46,984,907	52,772,108
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	19,237,208	20,225,192
Fair Value, Inputs, Level 2 [Member] | Residential Mortgage Backed Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	27,747,699	32,546,916
Fair Value, Inputs, Level 3 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 3 [Member] | US States and Political Subdivisions Debt Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	0	0
Fair Value, Inputs, Level 3 [Member] | Residential Mortgage Backed Securities [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

Note 16 - Fair Values Measur101

Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value On a Non-recurring Basis - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value On a Non-recurring Basis [Line Items]
Foreclosed assets	$ 313,368	$ 232,650
Impaired loans, net	4,960,451	5,952,333
Estimate of Fair Value Measurement [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value On a Non-recurring Basis [Line Items]
Foreclosed assets	330,245	295,650
Impaired loans, net	2,277,918	1,561,108
Fair Value, Inputs, Level 1 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value On a Non-recurring Basis [Line Items]
Foreclosed assets	0	0
Impaired loans, net	0	0
Fair Value, Inputs, Level 2 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value On a Non-recurring Basis [Line Items]
Foreclosed assets	0	0
Impaired loans, net	0	0
Fair Value, Inputs, Level 3 [Member]
Note 16 - Fair Values Measurements and Disclosures (Details) - Assets Measured at Fair Value On a Non-recurring Basis [Line Items]
Foreclosed assets	330,245	295,650
Impaired loans, net	$ 2,277,918	$ 1,561,108

Note 17 - Fair Values of Fin102

Note 17 - Fair Values of Financial Instruments (Details) - Estimated Fair Values of Financial Instruments - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial Assets:
Cash and cash equivalents	$ 7,135,719	$ 5,193,235	$ 6,605,840
Cash and cash equivalents, fair value	7,135,719	5,193,235
Time deposits	250,000	854,861
Time deposits, fair value	250,000	854,861
Federal funds sold	1,604,000	1,662,000
Federal funds sold, fair value	1,604,000	1,662,000
Securities	48,343,028	54,552,782
Securities, fair value	48,343,028	54,552,782
Accrued interest receivable	775,641	881,612
Accrued interest receivable, fair value	775,641	881,612
Net loans	140,110,201	142,501,513
Net loans, fair value	141,665,000	144,682,000
Loans held for sale	0	0
Loans held for sale, fair value	0	0
Mortgage servicing rights	285,927	271,819
Mortgage servicing rights, fair value	285,927	271,819
Financial Liabilities:
Deposits	176,734,908	182,233,019
Accrued interest payable	394	369
Accrued interest payable, fair value	394	369
FHLB advances	2,139,117	5,483,036
FHLB advances, fair value	2,139,117	5,483,036
Non-Interest Bearing Deposits [Member]
Financial Liabilities:
Deposits	10,325,832	8,198,356
Deposits, fair value	10,325,832	8,198,356
Interest-bearing Deposits [Member]
Financial Liabilities:
Deposits	166,409,076	174,034,663
Deposits, fair value	161,173,168	172,789,644
Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and cash equivalents, fair value	7,135,719	5,193,235
Time deposits, fair value	250,000	854,861
Federal funds sold, fair value	1,604,000	1,662,000
Securities, fair value	0	0
Accrued interest receivable	775,641	881,612
Accrued interest receivable, fair value	775,641	881,612
Net loans, fair value	0	0
Loans held for sale, fair value	0	0
Mortgage servicing rights, fair value	0	0
Financial Liabilities:
Accrued interest payable, fair value	394	369
FHLB advances, fair value	0	0
Fair Value, Inputs, Level 1 [Member] | Non-Interest Bearing Deposits [Member]
Financial Liabilities:
Deposits, fair value	10,325,832	8,198,356
Fair Value, Inputs, Level 1 [Member] | Interest-bearing Deposits [Member]
Financial Liabilities:
Deposits, fair value	0	0
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Cash and cash equivalents, fair value	0	0
Time deposits, fair value	0	0
Federal funds sold, fair value	0	0
Securities, fair value	46,984,907	52,772,108
Accrued interest receivable	0	0
Accrued interest receivable, fair value	0	0
Net loans, fair value	0	0
Loans held for sale, fair value	0	0
Mortgage servicing rights, fair value	0	0
Financial Liabilities:
Accrued interest payable, fair value	0	0
FHLB advances, fair value	2,139,117	5,483,036
Fair Value, Inputs, Level 2 [Member] | Non-Interest Bearing Deposits [Member]
Financial Liabilities:
Deposits, fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Interest-bearing Deposits [Member]
Financial Liabilities:
Deposits, fair value	0	0
Fair Value, Inputs, Level 3 [Member]
Financial Assets:
Cash and cash equivalents, fair value	0	0
Time deposits, fair value	0	0
Federal funds sold, fair value	0	0
Securities, fair value	1,358,121	1,780,674
Accrued interest receivable	0	0
Accrued interest receivable, fair value	0	0
Net loans, fair value	141,665,000	144,682,000
Loans held for sale, fair value	0	0
Mortgage servicing rights, fair value	285,927	271,819
Financial Liabilities:
Accrued interest payable, fair value	0	0
FHLB advances, fair value	0	0
Fair Value, Inputs, Level 3 [Member] | Non-Interest Bearing Deposits [Member]
Financial Liabilities:
Deposits, fair value	0	0
Fair Value, Inputs, Level 3 [Member] | Interest-bearing Deposits [Member]
Financial Liabilities:
Deposits, fair value	$ 161,173,168	$ 172,789,644

Note 18 - Condensed Parent O103

Note 18 - Condensed Parent Only Financial Statements (Details) - Statements of Financial Condition - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets:
Interest bearing deposits	$ 5,038,753	$ 3,140,118
Total assets	213,563,351	221,724,891
Liabilities and stockholders' equity:
Liabilities	182,475,074	191,592,477
Redeemable common stock in ESOP plan	376,543	424,730
Stockholders' Equity	30,711,734	29,707,684	$ 21,486,292
Total liabilities and stockholders' equity	213,563,351	221,724,891
Parent Company [Member]
Assets:
Interest bearing deposits	325,764	327,738
Equity in net assets of Ottawa Savings Bank	30,495,721	29,480,686
ESOP note receivable	266,792	323,990
Total assets	31,088,277	30,132,414
Liabilities and stockholders' equity:
Liabilities	0	0
Redeemable common stock in ESOP plan	376,543	424,730
Stockholders' Equity	30,711,734	29,707,684
Total liabilities and stockholders' equity	$ 31,088,277	$ 30,132,414

Note 18 - Condensed Parent O104

Note 18 - Condensed Parent Only Financial Statements (Details) - Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statements of operations
Income before income tax benefit	$ 1,016,767	$ 1,151,596
Income tax (benefit)	245,805	347,279
Net income	770,962	804,317
Parent Company [Member]
Statements of operations
Equity in net income of subsidiary	830,134	842,045
Interest income	20,249	23,614
Operating income	850,383	865,659
Other expenses	79,421	65,342
Income before income tax benefit	770,962	800,317
Income tax (benefit)	0	(4,000)
Net income	$ 770,962	$ 804,317

Note 18 - Condensed Parent O105

Note 18 - Condensed Parent Only Financial Statements (Details) - Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating activities:
Net income	$ 770,962	$ 804,317
Adjustments to reconcile net income to net cash used in operating activities:
Net cash used in operating activities	2,560,833	2,198,021
Investing activities:
Net cash provided by investing activities	8,097,910	7,535,404
Financing activities:
Net cash used in financing activities	(8,716,259)	(11,146,030)
Net (decrease) increase in cash and cash equivalents	1,942,484	(1,412,605)
Cash and cash equivalents:
Beginning of period	5,193,235	6,605,840
End of period	7,135,719	5,193,235
Supplemental Schedule of Noncash Investing and Financing Activities
(Decrease) increase in ESOP put option liability	(48,187)	105,640
Parent Company [Member]
Operating activities:
Net income	770,962	804,317
Adjustments to reconcile net income to net cash used in operating activities:
Undistributed net income of subsidiary	(830,134)	(842,045)
Net cash used in operating activities	(59,172)	(37,728)
Investing activities:
Payments received on ESOP note receivable	57,198	53,833
Net cash provided by investing activities	57,198	53,833
Financing activities:
Cash dividends paid	0	0
Purchase of treasury stock	0	0
Net cash used in financing activities	0	0
Net (decrease) increase in cash and cash equivalents	(1,974)	16,105
Cash and cash equivalents:
Beginning of period	327,738	311,633
End of period	325,764	327,738
Supplemental Schedule of Noncash Investing and Financing Activities
(Decrease) increase in ESOP put option liability	$ (48,187)	$ 105,640