Ottawa Bancorp (OTTW) 10-Q 15 May 20 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 14, 2020
Document Information [Line Items]
Entity Registrant Name	Ottawa Bancorp Inc
Entity Central Index Key	0001675192
Trading Symbol	ottw
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		3,121,035
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Title of 12(b) Security	Common Stock, $0.01 par value per share

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 10,671,653	$ 5,272,925
Interest bearing deposits	4,309,495	765,486
Total cash and cash equivalents	14,981,148	6,038,411
Time deposits	745,500	1,483,500
Federal funds sold	2,027,000	4,185,000
Securities available for sale	22,898,813	24,515,759
Loans, net of allowance for loan losses of $3,357,596 and $2,937,632 at March 31, 2020 and December 31, 2019, respectively	250,324,233	247,775,814
Loans held for sale		1,225,526
Premises and equipment, net	6,449,871	6,517,922
Accrued interest receivable	816,995	875,104
Deferred tax assets	1,806,616	1,743,161
Cash surrender value of life insurance	2,402,228	2,389,530
Goodwill	649,869	649,869
Core deposit intangible	160,499	169,999
Other assets	3,812,100	2,962,101
Total assets	307,074,872	300,531,696
Liabilities
Non-interest bearing	17,366,843	13,664,986
Interest bearing	225,061,788	222,648,518
Total deposits	242,428,631	236,313,504
Accrued interest payable	89,832	8,146
FHLB advances	13,569,123	9,068,030
Other liabilities	2,229,358	4,431,141
Total liabilities	258,316,944	249,820,821
Stockholders' Equity
Common stock, $0.01 par value, 12,000,000 shares authorized; 3,119,598 and 3,159,494 shares issued at March 31, 2020 and December 31, 2019, respectively	31,190	31,594
Additional paid-in-capital	32,263,029	32,845,639
Retained earnings	17,770,596	18,938,633
Unallocated ESOP shares	(1,366,815)	(1,398,600)
Unearned management recognition plan shares	(66,982)	(30,944)
Accumulated other comprehensive income	126,910	324,553
Total stockholders' equity	48,757,928	50,710,875
Total liabilities and stockholders' equity	$ 307,074,872	$ 300,531,696

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Allowance for loan losses	$ 3,357,596	$ 2,937,632
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	12,000,000	12,000,000
Common stock, shares issued (in shares)	3,119,598	3,159,494

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest and dividend income:
Interest and fees on loans	$ 2,909,081	$ 2,860,592
Securities:
Residential mortgage-backed and related securities	67,230	82,461
State and municipal securities	95,944	97,411
Dividends on non-marketable equity securities	6,590	6,434
Interest-bearing deposits	40,148	45,378
Total interest and dividend income	3,118,993	3,092,276
Interest expense:
Deposits	730,819	608,390
Borrowings	61,896	72,701
Total interest expense	792,715	681,091
Net interest income	2,326,278	2,411,185
Provision for loan losses	450,000	130,000
Net interest income after provision for loan losses	1,876,278	2,281,185
Other income:
Gain on sale of loans	107,067	84,957
Gain on sale of securities, net	857
Loan origination and servicing income	114,958	154,283
Origination of mortgage servicing rights, net of amortization	(10,443)	(9,690)
Increase in cash surrender value of life insurance	12,698	11,934
Gain/(Loss) on sale of repossessed assets, net	16,031	(748)
Total other income	385,682	378,364
Other expenses:
Salaries and employee benefits	1,264,646	1,098,588
Directors fees	43,000	43,000
Occupancy	178,525	170,950
Deposit insurance premium		17,100
Legal and professional services	104,622	95,535
Data processing	223,273	186,588
Loan expense	134,350	164,412
Valuation adjustments and expenses on foreclosed real estate	559	5,584
Other	211,665	282,887
Total other expenses	2,160,640	2,064,614
Income before income tax expense	101,320	594,935
Income tax expense	15,364	194,865
Net income	$ 85,956	$ 400,070
Basic earnings per share (in dollars per share)	$ 0.029	$ 0.13
Diluted earnings per share (in dollars per share)	0.029	0.13
Dividends per share (in dollars per share)	$ 0.418	$ 0.06
Bank Servicing [Member]
Other income:
Revenue from contract with customer	$ 106,840	$ 115,866
Product and Service, Other [Member]
Other income:
Revenue from contract with customer	$ 37,673	$ 21,762

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net income	$ 85,956	$ 400,070
Other comprehensive (loss) income, before tax:
Unrealized holding (losses) gains arising during the period	(276,443)	167,621
Other comprehensive income (loss) , before tax	(276,443)	167,621
Income tax benefit related to items of other comprehensive income (loss)	(78,800)	(22,994)
Other comprehensive (loss) income, net of tax	(197,643)	190,615
Comprehensive (loss) income	$ (111,687)	$ 590,685

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	RRP Stock Options [Member]Common Stock [Member]	RRP Stock Options [Member]Additional Paid-in Capital [Member]	RRP Stock Options [Member]Retained Earnings [Member]	RRP Stock Options [Member]Unallocated ESOP Shares [Member]	RRP Stock Options [Member]Unallocated MRP Shares [Member]	RRP Stock Options [Member]AOCI Attributable to Parent [Member]	RRP Stock Options [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unallocated ESOP Shares [Member]	Unallocated MRP Shares [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2018								$ 33,589	$ 35,579,606	$ 18,859,232	$ (1,576,616)	$ (40,361)	$ (31,084)	$ 52,824,366
Net income										400,070				400,070
Other comprehensive income (loss)													190,615	190,615
Allocation of ESOP									19,595		44,504			64,099
Compensation expense on MRP awards amortized												3,363		3,363
RRP options exercised	$ 25	$ 8,900					$ 8,925
Cash dividends paid										(201,110)				(201,110)
Repurchase shares								(249)	(347,331)					(347,580)
Balance at Mar. 31, 2019								33,365	35,260,770	19,058,192	(1,532,112)	(36,998)	159,531	52,942,747
Balance at Dec. 31, 2019								31,594	32,845,639	18,938,633	(1,398,600)	(30,944)	324,553	50,710,875
Net income										85,956				85,956
Other comprehensive income (loss)													(197,643)	(197,643)
Allocation of ESOP									8,528		31,785			40,313
Compensation expense on MRP awards amortized												2,663		2,663
RRP options exercised	$ 38	$ 13,351					$ 13,389
Cash dividends paid										(1,253,993)				(1,253,993)
Repurchase shares								(472)	(643,160)					(643,632)
MRP awards granted								30	38,671			(38,701)
Balance at Mar. 31, 2020								$ 31,190	$ 32,263,029	$ 17,770,596	$ (1,366,815)	$ (66,982)	$ 126,910	$ 48,757,928

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Unallocated ESOP Shares [Member]
Allocation of ESOP shares (in shares)	3,179	4,694
Retained Earnings [Member]
Cash dividends paid, per share (in dollars per share)	$ 0.418	$ 0.06
Common Stock [Member]
Shares repurchased (in shares)	47,249	24,963

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows from Operating Activities
Net income	$ 85,956	$ 400,070
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	70,704	72,630
Provision for loan losses	450,000	130,000
Provision for deferred income taxes	15,345	73,647
Net amortization of premiums and discounts on securities	29,843	37,107
Origination of mortgage loans held for sale	(4,102,640)	(2,596,655)
Proceeds from sale of mortgage loans held for sale	5,435,233	2,431,107
Gain on sale of loans, net	(107,067)	(84,957)
Origination of mortgage servicing rights, net of amortization	10,443	9,690
Gain on sale of securities, net	(857)
Loss on sale of repossessed assets, net	16,031
MRP compensation expense	2,633	3,363
ESOP compensation expense	40,313	64,099
Amortization of core deposit intangible	9,500	14,500
Amortization of fair value adjustments on acquired:
Loans	4,325	4,538
Federal Home Loan Bank Advances	1,093	1,093
Increase in cash surrender value of life insurance	(12,698)	(11,934)
Change in assets and liabilities:
Increase in accrued interest receivable	58,109	(16,463)
(Increase) decrease in other assets	(891,078)	167,016
Increase in accrued interest payable and other liabilities	(2,120,096)	256,109
Net cash (used in) provided by operating activities	(1,004,908)	954,960
Cash Flows from Investing Activities
Purchases	(167,148)
Sales, calls, maturities and paydowns	1,478,665	1,194,282
Net increase in loans	(3,030,244)	(251,876)
Net decrease in time deposits	738,000
Net decrease in federal funds sold	2,158,000	1,254,000
Proceeds from sale of repossessed assets	42,105	114,444
Purchase of premises and equipment	(2,653)	(147,502)
Net cash used in investing activities	1,216,725	2,163,348
Cash Flows from Financing Activities
Net increase (decrease) in deposits	6,115,127	(2,206,372)
Proceeds from Federal Home Loan Bank advances	4,500,000
Principal reduction of Federal Home Loan Bank advances		(1,500,000)
Proceeds from stock options exercised	13,388	8,925
Shares repurchased and cancelled	(643,602)	(347,580)
Dividends paid	(1,253,993)	(201,110)
Net cash provided by (used in) financing activities	8,730,920	(4,246,137)
Net increase (decrease) in cash and cash equivalents	8,942,737	(1,127,829)
Cash and cash equivalents:
Beginning of period	6,038,411	8,430,458
End of period	14,981,148	7,302,629
Supplemental Disclosures of Cash Flow Information
Income taxes paid, net of refunds received		300
Supplemental Schedule of Noncash Investing and Financing Activities
Real estate acquired through or in lieu of foreclosure		196,000
Other assets acquired in settlement of loans	27,500	54,500
Interest Paid to Depositors [Member]
Supplemental Disclosures of Cash Flow Information
Interest paid	649,133	597,245
Interest Paid on Borrowings [Member]
Supplemental Disclosures of Cash Flow Information
Interest paid	$ 61,896	$ 73,348

Note 1 - Nature of Business

Note 1 - Nature of Business	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Nature of Operations [Text Block]	NOTE 1 Ottawa Bancorp, Inc. (the “Company”) is a Maryland corporation that was incorporated in May 2016 second two second second On December 31, 2014, 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. The Company is positioned to execute its mission as an essential community resource during these challenging times. The coronavirus disease 2019 19” not 19, 19 March 31, 2020. 19 may ​ Subsequent Events The Company has evaluated subsequent events for potential recognition and/or disclosure through the date the unaudited consolidated financial statements included in this Quarterly Report on Form 10 no March 31, 2020 The COVID- 19

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE 2 The consolidated financial statements presented in this quarterly report include the accounts of the Company and the Bank. The consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and predominant practices followed by the financial services industry and are unaudited. In the opinion of the Company’s management, all adjustments, consisting of normal recurring adjustments, which the Company considers necessary to fairly state the Company’s financial position and the results of operations and cash flows have been recorded. The interim financial statements should be read in conjunction with the audited financial statements and accompanying notes of the Company for the year ended December 31, 2019, 10 December 31, 2019 March 30, 2020. not

Note 3 - Use of Estimates

Note 3 - Use of Estimates	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Use of Estimates [Text Block]	NOTE 3 The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the consolidated financial statements. Changes in these estimates and assumptions are considered reasonably possible and may At March 31, 2020, no 10 March 30, 2020.

Note 4 - Critical Accounting Po

Note 4 - Critical Accounting Policies	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 4 We consider accounting policies involving significant judgments and assumptions by management that have, or could have, a material impact on the carrying value of certain assets or on income to be critical accounting policies. We consider the allowance for loan losses to be our critical accounting policy. Allowance for Loan Losses may 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

Note 5 - Earnings Per Share

Note 5 - Earnings Per Share	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 5 – 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 shares. Diluted earnings per share show the dilutive effect, if any, of additional common shares issuable under stock options and awards. Three Months Ended March 31, 20 20 201 9 Net income available to common stockholders $ 85,956 $ 400,070 Basic potential common shares: Weighted average shares outstanding 3,141,912 3,346,185 Weighted average unvested MRP share (2,445 ) (3,060 ) Weighted average unallocated ESOP shares (138,801 ) (157,022 ) Basic weighted average shares outstanding 3,000,666 3,186,103 Dilutive potential common shares: Weighted average unrecognized compensation on MRP shares - 103 Weighted average RRP options outstanding 5,391 5,541 Dilutive weighted average shares outstanding 3,006,057 3,191,747 Basic earnings per share $ 0.029 $ 0.130 Diluted earnings per share $ 0.029 $ 0.130

Note 6 - Employee Stock Ownersh

Note 6 - Employee Stock Ownership Plan	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Retirement Benefits [Text Block]	NOTE 6 – EMPLOYEE STOCK OWNERSHIP PLAN On May 6, 2005, July 8, 2005, $763,140 76,314 $10.00 October 11, 2016, $1,907,160 190,716 second $10.00 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 $239,000 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, and dividends on unallocated ESOP shares reduce accrued interest. 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 not 60 The following table reflects the status of the shares held by the ESOP: March 31, December 31, 2020 2019 Shares allocated 145,009 141,831 Shares withdrawn from the plan (28,365 ) (28,365 ) Unallocated shares 136,682 139,860 Total ESOP shares 253,326 253,326 Fair value of unallocated shares $ 1,498,029 $ 1,934,264

Note 7 - Investment Securities

Note 7 - Investment Securities	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 7 – INVESTMENT SECURITIES The amortized cost and fair values of securities, with gross unrealized gains and losses, follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value March 31, 20 20 : Securities Available for Sale State and municipal securities $ 12,623,899 $ 68,477 $ 49,417 $ 12,642,959 Residential mortgage-backed securities 10,097,405 178,860 20,411 $ 10,255,854 $ 22,721,304 $ 247,337 $ 69,828 $ 22,898,813 December 31, 201 9 : Securities Available for Sale State and municipal securities $ 13,126,074 $ 339,243 $ - $ 13,465,317 Residential mortgage-backed securities 10,935,731 144,845 30,136 11,050,442 $ 24,061,805 $ 484,088 $ 30,136 $ 24,515,759 The amortized cost and fair value at March 31, 2020, may may not Securities Available for Sale Amortized Fair Cost Value Due in three months or less $ - $ - Due after three months through one year 2,436,843 2,434,230 Due after one year through five years 3,455,503 3,477,066 Due after five years through ten years 3,845,134 3,842,314 Due after ten years 2,886,419 2,889,349 Residential mortgage-backed securities 10,097,405 10,255,854 $ 22,721,304 $ 22,898,813 The following table reflects securities with gross unrealized losses for less than 12 12 March 31, 2020 December 31, 2019: Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses March 31, 20 20 Securities Available for Sale State and municipal securities $ 4,593,310 $ 49,417 $ - $ - $ 4,593,310 $ 49,417 Residential mortgage-backed securities 790,156 3,017 1,976,472 17,394 2,766,628 20,411 $ 5,383,466 $ 52,434 $ 1,976,472 $ 17,394 $ 7,359,938 $ 69,828 December 31, 201 9 Securities Available for Sale Residential mortgage-backed securities 1,912,778 6,049 2,943,044 24,087 4,855,822 30,136 $ 1,912,778 $ 6,049 $ 2,943,044 $ 24,087 $ 4,855,822 $ 30,136 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 2 3 not not At March 31, 2020, 31 0.98% not March 31, 2020 ● Decline in value is attributable to interest rates. ● The value did not ● The Company does not ● The Company has adequate liquidity such that it will not not may There were $0.3 three March 31, 2020 no three March 31, 2019. three March 31, 2020 $873. $16 three March 31, 2020.

Note 8 - Loans and Allowance fo

Note 8 - Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 8 OANS AND ALLOWANCE FOR LOAN LOSSES The components of loans, net of deferred loan costs (fees), are as follows: March 31, December 31, 2020 2019 Mortgage loans: One-to-four family residential loans $ 155,788,454 $ 155,143,081 Multi-family residential loans 6,932,652 5,861,428 Total mortgage loans 162,721,106 161,004,509 Other loans: Non-residential real estate loans 30,440,187 30,679,614 Commercial loans 28,950,668 23,915,335 Consumer direct 18,461,591 20,562,789 Purchased auto 13,108,277 14,551,199 Total other loans 90,960,723 89,708,937 Gross loans 253,681,829 250,713,446 Less: Allowance for loan losses (3,357,596 ) (2,937,632 ) Loans, net $ 250,324,233 $ 247,775,814 During the three March 31, 2020 2019, no Net (charge-offs) / recoveries, segregated by class of loans, for the periods indicated were as follows: Three Months Ended March 31, 2020 2019 One-to-four family $ 2,601 $ (109,876 ) Multi-family 3,972 3,971 Consumer direct 566 353 Purchased auto (37,175 ) (23,821 ) Net (charge-offs)/recoveries $ (30,036 ) $ (129,373 ) The following table presents the activity in the allowance for loan losses by portfolio segment for the three March 31, 2020 2019: One-to- four Multi- Non- Consumer Purchased March 31, 20 20 family family residential Commercial direct auto Total Balance at beginning of period $ 2,121,082 $ 24,333 $ 207,410 $ 198,565 $ 191,821 $ 194,421 $ 2,937,632 Provision charged to income 228,857 14,698 42,108 85,768 19,679 58,890 450,000 Loans charged off - - - - - (40,694 ) (40,694 ) Recoveries of loans previously charged off 2,601 3,972 - - 566 3,519 10,658 Balance at end of period $ 2,352,540 $ 43,003 $ 249,518 $ 284,333 $ 212,066 $ 216,136 $ 3,357,596 One-to- four Multi- Non- Consumer Purchased March 31, 201 9 family family residential Commercial direct auto Total Balance at beginning of period $ 1,761,736 $ 26,562 $ 343,663 $ 135,165 $ 82,947 $ 277,665 $ 2,627,738 Provision charged to income 71,605 (3,835 ) (25,809 ) 10,492 41,985 35,562 130,000 Loans charged off (236,220 ) - - - - (34,520 ) (270,740 ) Recoveries of loans previously charged off 126,344 3,971 - - 353 10,699 141,367 Balance at end of period $ 1,723,465 $ 26,698 $ 317,854 $ 145,657 $ 125,285 $ 289,406 $ 2,628,365 The following table presents the recorded investment in loans and the related allowances allocated by portfolio segment and based on impairment method as of March 31, 2020 December 31, 2019: One-to- four Multi- Non- Consumer Purchased March 31, 20 20 family family residential Commercial direct auto Total Loans individually evaluated for Impairment $ 2,016,080 $ - $ 335,441 $ - $ 18,732 $ 37,964 $ 2,408,217 Loans acquired with deteriorated credit quality 159,989 - - - - - 159,989 Loans collectively evaluated for Impairment 153,612,385 6,932,652 30,104,746 28,950,668 18,442,859 13,070,313 251,113,623 Balance at end of period $ 155,788,454 $ 6,932,652 $ 30,440,187 $ 28,950,668 $ 18,461,591 $ 13,108,277 $ 253,681,829 Period-end amount allocated to: Loans individually evaluated for Impairment $ 85,776 $ - $ - $ - $ 3,968 $ 18,982 $ 108,726 Loans acquired with deteriorated credit quality 68,744 - - - - - 68,744 Loans collectively evaluated for Impairment 2,198,020 43,003 249,518 284,333 208,098 197,154 3,180,126 Balance at end of period $ 2,352,540 $ 43,003 $ 249,518 $ 284,333 $ 212,066 $ 216,136 $ 3,357,596 One-to- four Multi- Non- Consumer Purchased December 31, 201 9 family family residential Commercial direct auto Total Loans individually evaluated for Impairment $ 1,724,694 $ - $ 343,720 $ - $ - $ 19,190 $ 2,087,604 Loans acquired with deteriorated credit quality 164,758 - - - - - 164,758 Loans collectively evaluated for Impairment 153,253,629 5,861,428 30,335,894 23,915,335 20,562,789 14,532,009 248,461,084 Balance at end of period $ 155,143,081 $ 5,861,428 $ 30,679,614 $ 23,915,335 $ 20,562,789 $ 14,551,199 $ 250,713,446 Period-end amount allocated to: Loans individually evaluated for Impairment $ 90,359 $ - $ - $ - $ - $ 9,595 $ 99,954 Loans acquired with deteriorated credit quality 100,172 - - - - - 100,172 Loans collectively evaluated for Impairment 1,930,551 24,333 207,410 198,565 191,821 184,826 2,737,506 Balance at end of period $ 2,121,082 $ 24,333 $ 207,410 $ 198,565 $ 191,821 $ 194,421 $ 2,937,632 The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The following table presents loans individually evaluated for impairment, by class of loans, as of March 31, 2020 December 31, 2019: March 31, 20 20 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 $ 2,176,069 $ 1,700,599 $ 475,470 $ 2,176,069 $ 154,520 $ 2,153,496 Multi-family - - - - - - Non-residential 335,441 335,441 - 335,441 - 338,039 Commercial - - - - - - Consumer direct 18,732 - 18,732 18,732 3,968 6,244 Purchased auto 37,964 - 37,964 37,964 18,982 12,655 $ 2,568,206 $ 2,036,040 $ 532,166 $ 2,568,206 $ 177,470 $ 2,510,434 December 31, 2019 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 $ 1,889,452 $ 1,357,280 $ 532,172 $ 1,889,452 $ 190,531 $ 1,298,425 Multi-family - - - - - - Non-residential 343,720 343,720 - 343,720 - 377,632 Commercial - - - - - - Consumer direct - - - - - - Purchased auto 19,190 - 19,190 19,190 9,595 5,736 $ 2,252,362 $ 1,701,000 $ 551,362 $ 2,252,362 $ 200,126 $ 1,681,793 For the three March 31, 2020 2019, no At March 31, 2020 35 $2.6 30 $2.3 December 31, 2019. five $405,000 $30,000 $108,000. 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. TDRs are classified as non-performing 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 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, deferred loan fees or costs and unamortized premium or discount), 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. Section 4013 19. may 4013 not 4013, may 19 not 310 40. 19 not 310 40, Impaired loans at March 31, 2020 $58,000 $60,000 December 31, 2019. $2,000. not, six There were no three March 31, 2020 2019. There were no twelve March 31, 2020 2019 60 three March 31, 2020 2019. All TDRs are evaluated for possible impairment and any impairment identified is recognized through the allowance. Additionally, the qualitative factors are updated quarterly for trends in economic and non-performing factors, including collateral securing TDRs. The following table presents the recorded investment in nonaccrual loans and loans past due over 90 March 31, 2020 December 31, 2019: March 31, 20 20 Nonaccrual Loans Past Due Over 90 Days Still Accruing One-to-four family $ 2,176,069 $ - Multi-family - - Non-residential 335,441 - Commercial - - Consumer direct 18,732 - Purchased auto 37,964 - $ 2,568,206 $ - December 31, 201 9 Nonaccrual Loans Past Due Over 90 Days Still Accruing One-to-four family $ 1,889,452 $ - Multi-family - - Non-residential 343,720 - Commercial - - Consumer direct - - Purchased auto 19,190 - $ 2,252,362 $ - The following table presents the aging of the recorded investment in loans, by class of loans, as of March 31, 2020 December 31, 2019: March 31, 20 20 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 $ 3,358,841 $ 1,032,608 $ 904,345 $ 5,295,794 $ 150,492,660 $ 155,788,454 Multi-family - - - - 6,932,652 6,932,652 Non-residential 104,716 265,360 64,116 434,192 30,005,995 30,440,187 Commercial 53,429 - - 53,429 28,897,239 28,950,668 Consumer direct 51,950 - - 51,950 18,409,641 18,461,591 Purchased auto - - 37,964 37,964 13,070,313 13,108,277 $ 3,568,936 $ 1,297,968 $ 1,006,425 $ 5,873,329 $ 247,808,500 $ 253,681,829 December 31, 201 9 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 $ 2,635,464 $ 607,023 $ 986,029 $ 4,228,516 $ 150,914,565 $ 155,143,081 Multi-family 104,716 - - 104,716 5,756,712 5,861,428 Non-residential 272,138 64,116 - 336,254 30,343,360 30,679,614 Commercial 368,448 52,629 - 421,077 23,494,258 23,915,335 Consumer direct 29,243 - - 29,243 20,533,546 20,562,789 Purchased auto 64,489 21,673 19,190 105,352 14,445,847 14,551,199 $ 3,474,498 $ 745,441 $ 1,005,219 $ 5,225,158 $ 245,488,288 $ 250,713,446 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 and non-residential real estate 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 loans, multi-family, 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 real estate loans, multi-family and consumer direct loans. The Company receives monthly reports on the delinquency status of the purchased auto loan portfolio from the servicing company. Generally, when residential real estate loans, multi-family and consumer direct loans become over 90 6 12 The Company uses the following definitions for risk ratings: ● Pass – loans classified as pass are of a higher quality and do not ● Special Mention – loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may ● 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 Company will sustain some loss if the deficiencies are not ● 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 not At March 31, 2020 December 31, 2019, March 31, 20 20 Pass Special Mention Substandard Doubtful Not rated Total Loans One-to-four family $ 24,285,097 $ 40,026 $ 2,016,080 $ - $ 129,447,251 $ 155,788,454 Multi-family - - - - 6,932,652 6,932,652 Non-residential 30,047,568 57,178 335,441 - - 30,440,187 Commercial 28,950,688 - - - - 28,950,688 Consumer direct - - 18,732 - 18,442,859 18,461,591 Purchased auto - - 37,964 - 13,070,313 13,108,277 Total $ 83,283,333 $ 97,204 $ 2,408,217 $ - $ 167,893,075 $ 253,681,829 December 31, 201 9 Pass Special Mention Substandard Doubtful Not rated Total Loans One-to-four family $ 29,089,454 $ 40,429 $ 1,889,452 $ - $ 124,123,746 $ 155,143,081 Multi-family - - - - 5,861,428 5,861,428 Non-residential 30,335,894 - 343,720 - - 30,679,614 Commercial 23,915,335 - - - - 23,915,335 Consumer direct - - - - 20,562,789 20,562,789 Purchased auto - - 19,190 - 14,532,009 14,551,199 Total $ 83,340,683 $ 40,429 $ 2,252,362 $ - $ 165,079,972 $ 250,713,446 At March 31, 2020 December 31, 2019, $0 $819,871 $607,268 March 31, 2020 December 31, 2019,

Note 9 - Stock Compensation

Note 9 - Stock Compensation	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Shareholders' Equity and Share-based Payments [Text Block]	NOTE 9 – STOCK COMPENSATION Total stock-based compensation expense was $2,663 $3,363 three March 31, 2020 2019, 718, Compensation-Stock Compensation , three March 31, 2020 2019, not

Note 10 - Recent Accounting Dev

Note 10 - Recent Accounting Developments	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE 1 0 – RECENT ACCOUNTING DEVELOPMENTS In February 2016, 2016 02, Leases (Topic 842 1 2 606, no 2016 02 December 15, 2018, not may not January 1, 2019 not In June 2016, 2016 13, Financial Instruments - Credit Losses (Topic 326 2016 13 2016 13 2016 13 December 15, 2019, December 31, 2018, October 16, 2019, December 12, 2022 2016 13, In January 2017, No. 2017 04, Intangibles – Goodwill and Other (Topic 350 2 December 15, 2019, not In March 2017, 2017 08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310 20 2017 08 December 15, 2018, not In March 2020, No. 2020 04, Reference Rate Reform (Topic 848 may one January 1, 2020. March 12, 2020 December 31, 2022. not

Note 11 - Borrowings

Note 11 - Borrowings	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 11 – BORROWINGS A summary of outstanding advances from the Federal Home Loan Bank of Chicago is as follows: March 31, December 31, 20 20 201 9 Matures 03/22/2021 at 3.03%, fixed $ 1,000,000 $ 1,000,000 Matures 09/21/2021 at 3.07%, fixed 1,000,000 1,000,000 Matures 03/21/2022 at 3.09%, fixed 1,000,000 1,000,000 Matures 09/21/2022 at 3.11%, fixed 1,000,000 1,000,000 Matures 10/03/2022 at 1.48%, fixed 69,123 68,030 Matures 03/21/2023 at 3.15%, fixed 500,000 500,000 Matures 09/21/2023 at 3.18%, fixed 500,000 500,000 Matures 08/28/2024 at 1.59%, fixed 1,500,000 1,500,000 Matures 03/31/2025 at 1.19%, fixed 2,000,000 - Matures 08/28/2029 at 1.93%, fixed 1,500,000 1,500,000 Matures 10/23/2029 at 1.96%, fixed 1,000,000 1,000,000 Matures 01/28/2030 at 2.06%, fixed 1,500,000 - Matures 02/25/2029 at 1.81%, fixed 1,000,000 - $ 13,569,123 $ 9,068,030

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurement and Disclosure	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	NOTE 1 2 – FAIR VALUE MEASUREMENT AND DISCLOSURE FASB ASC Topic 820, not 1 3 three 820 Basis of Fair Value Measurement: • Level 1 • Level 2 1 not • Level 3 no 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. no 1. not may 2. 2 1 2 not 3. no 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. not no 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. not no 3. The Company did not 1 2 three March 31, 2020 December 31, 2019. The tables below present the recorded amounts of assets measured at fair value on a recurring basis at March 31, 2020 December 31, 2019. Total March 31, 20 20 Level 1 Level 2 Level 3 Fair Value State and municipal securities available for sale $ - $ 12,642,959 $ - $ 12,642,959 Residential mortgage-backed securities available for sale - 10,255,854 - 10,255,854 $ - $ 22,898,813 $ - $ 22,898,813 December 31, 201 9 Level 1 Level 2 Level 3 Total Fair Value State and municipal securities available for sale $ - $ 13,465,317 $ - $ 13,465,317 Residential mortgage-backed securities available for sale - 11,050,442 - 11,050,442 $ - $ 24,515,759 $ - $ 24,515,759 The tables below present the recorded amounts of assets measured at fair value on a non-recurring basis at March 31, 2020 December 31, 2019. Total March 31, 20 20 Level 1 Level 2 Level 3 Fair Value Foreclosed assets $ - $ - $ 15,963 $ 15,963 Impaired loans, net - - 354,696 354,696 Total December 31, 201 9 Level 1 Level 2 Level 3 Fair Value Foreclosed assets $ - $ - $ 12,926 $ 12,926 Impaired loans, net - - 351,236 351,236 The following tables present additional quantitative information about assets measured at fair value on a non-recurring basis for which the Company has utilized Level 3 Quantitative Information about Level 3 Fair Value Measurements Fair Value Valuation Unobservable Estimate Techniques Input Range March 31, 20 20 Foreclosed assets $ 15,963 Appraisal of collateral Appraisal adjustments (35)% to (68)% Impaired loans, net $ 264,080 Appraisal of collateral Appraisal adjustments (16)% to (100.0)% Impaired loans, net $ 90,616 Discounted Future Cash Flows Payment Stream N/A Discount Rate 10% December 31, 201 9 Foreclosed assets $ 12,926 Appraisal of collateral Appraisal adjustments (50)% to (76)% Impaired loans, net $ 287,815 Appraisal of collateral Appraisal adjustments (46.67)% Impaired loans, net $ 63,421 Discounted Future Cash Flows Payment Stream N/A Discount Rate 10% In accordance with accounting pronouncements, the carrying value and estimated fair value of the Company’s financial instruments as of March 31, 2020 December 31, 2019, Fair Value Measurements at Carrying March 31, 2020 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 14,981,148 $ 14,981,148 $ - $ - $ 14,981,148 Time deposits 745,500 745,500 - - 745,500 Federal funds sold 2,027,000 2,027,000 - - 2,027,000 Securities 22,898,813 - 22,898,813 - 22,898,813 Net loans 250,324,233 - - 250,467,566 250,467,566 Accrued interest receivable 816,995 816,995 - - 816,995 Mortgage servicing rights 524,203 - - 524,203 524,203 Financial Liabilities: Non-interest bearing deposits 17,366,843 17,366,843 - - 17,366,843 Interest bearing deposits 225,061,788 - - 229,410,384 229,410,384 Accrued interest payable 89,832 89,832 - - 89,832 FHLB advances 13,569,123 - 14,096,051 - 14,096,051 Carrying December 31, 2019 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 6,038,411 $ 6,038,411 $ - $ - $ 6,038,411 Time deposits 1,483,500 1,483,500 - - 1,483,500 Federal funds sold 4,185,000 4,185,000 - - 4,185,000 Securities 24,515,759 - 24,515,759 - 24,515,759 Net loans 247,775,814 - - 248,373,122 248,373,122 Loans held for sale 1,225,526 - 1,225,526 - 1,225,526 Accrued interest receivable 875,104 875,104 - - 875,104 Mortgage servicing rights 534,646 - - 534,646 534,646 Financial Liabilities: Non-interest bearing deposits 13,664,986 13,664,986 - - 13,664,986 Interest bearing deposits 222,648,518 - - 226,125,337 226,125,337 Accrued interest payable 8,146 8,146 - - 8,146 FHLB advances 9,068,030 - 9,158,597 - 9,158,597 The following methods and assumptions were used by the Bank in estimating the fair value of financial instruments: Cash and c ash e quivalents : Time deposits : Federal f unds s old : Securities: Loans: no 2019, not Loans held for sale : three Accrued i nterest r eceivable and p ayable : Mortgage s ervicing r ights : Deposits: FHLB a dvances : Loan c ommitments : not March 31, 2020 December 31, 2019, In addition, other assets and liabilities of the Bank that are not not not may not

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Financing Receivable, Allowance for Credit Losses, Policy for Uncollectible Amounts [Policy Text Block]	Allowance for Loan Losses may 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

Note 5 - Earnings Per Share (Ta

Note 5 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 20 20 201 9 Net income available to common stockholders $ 85,956 $ 400,070 Basic potential common shares: Weighted average shares outstanding 3,141,912 3,346,185 Weighted average unvested MRP share (2,445 ) (3,060 ) Weighted average unallocated ESOP shares (138,801 ) (157,022 ) Basic weighted average shares outstanding 3,000,666 3,186,103 Dilutive potential common shares: Weighted average unrecognized compensation on MRP shares - 103 Weighted average RRP options outstanding 5,391 5,541 Dilutive weighted average shares outstanding 3,006,057 3,191,747 Basic earnings per share $ 0.029 $ 0.130 Diluted earnings per share $ 0.029 $ 0.130

Note 6 - Employee Stock Owner_2

Note 6 - Employee Stock Ownership Plan (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]	March 31, December 31, 2020 2019 Shares allocated 145,009 141,831 Shares withdrawn from the plan (28,365 ) (28,365 ) Unallocated shares 136,682 139,860 Total ESOP shares 253,326 253,326 Fair value of unallocated shares $ 1,498,029 $ 1,934,264

Note 7 - Investment Securities

Note 7 - Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Summary of Investment Holdings, Schedule of Investments [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value March 31, 20 20 : Securities Available for Sale State and municipal securities $ 12,623,899 $ 68,477 $ 49,417 $ 12,642,959 Residential mortgage-backed securities 10,097,405 178,860 20,411 $ 10,255,854 $ 22,721,304 $ 247,337 $ 69,828 $ 22,898,813 December 31, 201 9 : Securities Available for Sale State and municipal securities $ 13,126,074 $ 339,243 $ - $ 13,465,317 Residential mortgage-backed securities 10,935,731 144,845 30,136 11,050,442 $ 24,061,805 $ 484,088 $ 30,136 $ 24,515,759
Investments Classified by Contractual Maturity Date [Table Text Block]	Securities Available for Sale Amortized Fair Cost Value Due in three months or less $ - $ - Due after three months through one year 2,436,843 2,434,230 Due after one year through five years 3,455,503 3,477,066 Due after five years through ten years 3,845,134 3,842,314 Due after ten years 2,886,419 2,889,349 Residential mortgage-backed securities 10,097,405 10,255,854 $ 22,721,304 $ 22,898,813
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 March 31, 20 20 Securities Available for Sale State and municipal securities $ 4,593,310 $ 49,417 $ - $ - $ 4,593,310 $ 49,417 Residential mortgage-backed securities 790,156 3,017 1,976,472 17,394 2,766,628 20,411 $ 5,383,466 $ 52,434 $ 1,976,472 $ 17,394 $ 7,359,938 $ 69,828 December 31, 201 9 Securities Available for Sale Residential mortgage-backed securities 1,912,778 6,049 2,943,044 24,087 4,855,822 30,136 $ 1,912,778 $ 6,049 $ 2,943,044 $ 24,087 $ 4,855,822 $ 30,136

Note 8 - Loans and Allowance _2

Note 8 - Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, December 31, 2020 2019 Mortgage loans: One-to-four family residential loans $ 155,788,454 $ 155,143,081 Multi-family residential loans 6,932,652 5,861,428 Total mortgage loans 162,721,106 161,004,509 Other loans: Non-residential real estate loans 30,440,187 30,679,614 Commercial loans 28,950,668 23,915,335 Consumer direct 18,461,591 20,562,789 Purchased auto 13,108,277 14,551,199 Total other loans 90,960,723 89,708,937 Gross loans 253,681,829 250,713,446 Less: Allowance for loan losses (3,357,596 ) (2,937,632 ) Loans, net $ 250,324,233 $ 247,775,814
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]	Three Months Ended March 31, 2020 2019 One-to-four family $ 2,601 $ (109,876 ) Multi-family 3,972 3,971 Consumer direct 566 353 Purchased auto (37,175 ) (23,821 ) Net (charge-offs)/recoveries $ (30,036 ) $ (129,373 )
Financing Receivable, Allowance for Credit Loss [Table Text Block]	One-to- four Multi- Non- Consumer Purchased March 31, 20 20 family family residential Commercial direct auto Total Balance at beginning of period $ 2,121,082 $ 24,333 $ 207,410 $ 198,565 $ 191,821 $ 194,421 $ 2,937,632 Provision charged to income 228,857 14,698 42,108 85,768 19,679 58,890 450,000 Loans charged off - - - - - (40,694 ) (40,694 ) Recoveries of loans previously charged off 2,601 3,972 - - 566 3,519 10,658 Balance at end of period $ 2,352,540 $ 43,003 $ 249,518 $ 284,333 $ 212,066 $ 216,136 $ 3,357,596 One-to- four Multi- Non- Consumer Purchased March 31, 201 9 family family residential Commercial direct auto Total Balance at beginning of period $ 1,761,736 $ 26,562 $ 343,663 $ 135,165 $ 82,947 $ 277,665 $ 2,627,738 Provision charged to income 71,605 (3,835 ) (25,809 ) 10,492 41,985 35,562 130,000 Loans charged off (236,220 ) - - - - (34,520 ) (270,740 ) Recoveries of loans previously charged off 126,344 3,971 - - 353 10,699 141,367 Balance at end of period $ 1,723,465 $ 26,698 $ 317,854 $ 145,657 $ 125,285 $ 289,406 $ 2,628,365 One-to- four Multi- Non- Consumer Purchased March 31, 20 20 family family residential Commercial direct auto Total Loans individually evaluated for Impairment $ 2,016,080 $ - $ 335,441 $ - $ 18,732 $ 37,964 $ 2,408,217 Loans acquired with deteriorated credit quality 159,989 - - - - - 159,989 Loans collectively evaluated for Impairment 153,612,385 6,932,652 30,104,746 28,950,668 18,442,859 13,070,313 251,113,623 Balance at end of period $ 155,788,454 $ 6,932,652 $ 30,440,187 $ 28,950,668 $ 18,461,591 $ 13,108,277 $ 253,681,829 Period-end amount allocated to: Loans individually evaluated for Impairment $ 85,776 $ - $ - $ - $ 3,968 $ 18,982 $ 108,726 Loans acquired with deteriorated credit quality 68,744 - - - - - 68,744 Loans collectively evaluated for Impairment 2,198,020 43,003 249,518 284,333 208,098 197,154 3,180,126 Balance at end of period $ 2,352,540 $ 43,003 $ 249,518 $ 284,333 $ 212,066 $ 216,136 $ 3,357,596 One-to- four Multi- Non- Consumer Purchased December 31, 201 9 family family residential Commercial direct auto Total Loans individually evaluated for Impairment $ 1,724,694 $ - $ 343,720 $ - $ - $ 19,190 $ 2,087,604 Loans acquired with deteriorated credit quality 164,758 - - - - - 164,758 Loans collectively evaluated for Impairment 153,253,629 5,861,428 30,335,894 23,915,335 20,562,789 14,532,009 248,461,084 Balance at end of period $ 155,143,081 $ 5,861,428 $ 30,679,614 $ 23,915,335 $ 20,562,789 $ 14,551,199 $ 250,713,446 Period-end amount allocated to: Loans individually evaluated for Impairment $ 90,359 $ - $ - $ - $ - $ 9,595 $ 99,954 Loans acquired with deteriorated credit quality 100,172 - - - - - 100,172 Loans collectively evaluated for Impairment 1,930,551 24,333 207,410 198,565 191,821 184,826 2,737,506 Balance at end of period $ 2,121,082 $ 24,333 $ 207,410 $ 198,565 $ 191,821 $ 194,421 $ 2,937,632
Impaired Financing Receivables [Table Text Block]	March 31, 20 20 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 $ 2,176,069 $ 1,700,599 $ 475,470 $ 2,176,069 $ 154,520 $ 2,153,496 Multi-family - - - - - - Non-residential 335,441 335,441 - 335,441 - 338,039 Commercial - - - - - - Consumer direct 18,732 - 18,732 18,732 3,968 6,244 Purchased auto 37,964 - 37,964 37,964 18,982 12,655 $ 2,568,206 $ 2,036,040 $ 532,166 $ 2,568,206 $ 177,470 $ 2,510,434 December 31, 2019 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 $ 1,889,452 $ 1,357,280 $ 532,172 $ 1,889,452 $ 190,531 $ 1,298,425 Multi-family - - - - - - Non-residential 343,720 343,720 - 343,720 - 377,632 Commercial - - - - - - Consumer direct - - - - - - Purchased auto 19,190 - 19,190 19,190 9,595 5,736 $ 2,252,362 $ 1,701,000 $ 551,362 $ 2,252,362 $ 200,126 $ 1,681,793
Financing Receivable, Nonaccrual [Table Text Block]	March 31, 20 20 Nonaccrual Loans Past Due Over 90 Days Still Accruing One-to-four family $ 2,176,069 $ - Multi-family - - Non-residential 335,441 - Commercial - - Consumer direct 18,732 - Purchased auto 37,964 - $ 2,568,206 $ - December 31, 201 9 Nonaccrual Loans Past Due Over 90 Days Still Accruing One-to-four family $ 1,889,452 $ - Multi-family - - Non-residential 343,720 - Commercial - - Consumer direct - - Purchased auto 19,190 - $ 2,252,362 $ -
Financing Receivable, Past Due [Table Text Block]	March 31, 20 20 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 $ 3,358,841 $ 1,032,608 $ 904,345 $ 5,295,794 $ 150,492,660 $ 155,788,454 Multi-family - - - - 6,932,652 6,932,652 Non-residential 104,716 265,360 64,116 434,192 30,005,995 30,440,187 Commercial 53,429 - - 53,429 28,897,239 28,950,668 Consumer direct 51,950 - - 51,950 18,409,641 18,461,591 Purchased auto - - 37,964 37,964 13,070,313 13,108,277 $ 3,568,936 $ 1,297,968 $ 1,006,425 $ 5,873,329 $ 247,808,500 $ 253,681,829 December 31, 201 9 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 $ 2,635,464 $ 607,023 $ 986,029 $ 4,228,516 $ 150,914,565 $ 155,143,081 Multi-family 104,716 - - 104,716 5,756,712 5,861,428 Non-residential 272,138 64,116 - 336,254 30,343,360 30,679,614 Commercial 368,448 52,629 - 421,077 23,494,258 23,915,335 Consumer direct 29,243 - - 29,243 20,533,546 20,562,789 Purchased auto 64,489 21,673 19,190 105,352 14,445,847 14,551,199 $ 3,474,498 $ 745,441 $ 1,005,219 $ 5,225,158 $ 245,488,288 $ 250,713,446
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 20 20 Pass Special Mention Substandard Doubtful Not rated Total Loans One-to-four family $ 24,285,097 $ 40,026 $ 2,016,080 $ - $ 129,447,251 $ 155,788,454 Multi-family - - - - 6,932,652 6,932,652 Non-residential 30,047,568 57,178 335,441 - - 30,440,187 Commercial 28,950,688 - - - - 28,950,688 Consumer direct - - 18,732 - 18,442,859 18,461,591 Purchased auto - - 37,964 - 13,070,313 13,108,277 Total $ 83,283,333 $ 97,204 $ 2,408,217 $ - $ 167,893,075 $ 253,681,829 December 31, 201 9 Pass Special Mention Substandard Doubtful Not rated Total Loans One-to-four family $ 29,089,454 $ 40,429 $ 1,889,452 $ - $ 124,123,746 $ 155,143,081 Multi-family - - - - 5,861,428 5,861,428 Non-residential 30,335,894 - 343,720 - - 30,679,614 Commercial 23,915,335 - - - - 23,915,335 Consumer direct - - - - 20,562,789 20,562,789 Purchased auto - - 19,190 - 14,532,009 14,551,199 Total $ 83,340,683 $ 40,429 $ 2,252,362 $ - $ 165,079,972 $ 250,713,446

Note 11 - Borrowings (Tables)

Note 11 - Borrowings (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Debt [Table Text Block]	March 31, December 31, 20 20 201 9 Matures 03/22/2021 at 3.03%, fixed $ 1,000,000 $ 1,000,000 Matures 09/21/2021 at 3.07%, fixed 1,000,000 1,000,000 Matures 03/21/2022 at 3.09%, fixed 1,000,000 1,000,000 Matures 09/21/2022 at 3.11%, fixed 1,000,000 1,000,000 Matures 10/03/2022 at 1.48%, fixed 69,123 68,030 Matures 03/21/2023 at 3.15%, fixed 500,000 500,000 Matures 09/21/2023 at 3.18%, fixed 500,000 500,000 Matures 08/28/2024 at 1.59%, fixed 1,500,000 1,500,000 Matures 03/31/2025 at 1.19%, fixed 2,000,000 - Matures 08/28/2029 at 1.93%, fixed 1,500,000 1,500,000 Matures 10/23/2029 at 1.96%, fixed 1,000,000 1,000,000 Matures 01/28/2030 at 2.06%, fixed 1,500,000 - Matures 02/25/2029 at 1.81%, fixed 1,000,000 - $ 13,569,123 $ 9,068,030

Note 12 - Fair Value Measurem_2

Note 12 - Fair Value Measurement and Disclosure (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Total March 31, 20 20 Level 1 Level 2 Level 3 Fair Value State and municipal securities available for sale $ - $ 12,642,959 $ - $ 12,642,959 Residential mortgage-backed securities available for sale - 10,255,854 - 10,255,854 $ - $ 22,898,813 $ - $ 22,898,813 December 31, 201 9 Level 1 Level 2 Level 3 Total Fair Value State and municipal securities available for sale $ - $ 13,465,317 $ - $ 13,465,317 Residential mortgage-backed securities available for sale - 11,050,442 - 11,050,442 $ - $ 24,515,759 $ - $ 24,515,759
Fair Value Measurements, Nonrecurring [Table Text Block]	Total March 31, 20 20 Level 1 Level 2 Level 3 Fair Value Foreclosed assets $ - $ - $ 15,963 $ 15,963 Impaired loans, net - - 354,696 354,696 Total December 31, 201 9 Level 1 Level 2 Level 3 Fair Value Foreclosed assets $ - $ - $ 12,926 $ 12,926 Impaired loans, net - - 351,236 351,236
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Quantitative Information about Level 3 Fair Value Measurements Fair Value Valuation Unobservable Estimate Techniques Input Range March 31, 20 20 Foreclosed assets $ 15,963 Appraisal of collateral Appraisal adjustments (35)% to (68)% Impaired loans, net $ 264,080 Appraisal of collateral Appraisal adjustments (16)% to (100.0)% Impaired loans, net $ 90,616 Discounted Future Cash Flows Payment Stream N/A Discount Rate 10% December 31, 201 9 Foreclosed assets $ 12,926 Appraisal of collateral Appraisal adjustments (50)% to (76)% Impaired loans, net $ 287,815 Appraisal of collateral Appraisal adjustments (46.67)% Impaired loans, net $ 63,421 Discounted Future Cash Flows Payment Stream N/A Discount Rate 10%
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at Carrying March 31, 2020 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 14,981,148 $ 14,981,148 $ - $ - $ 14,981,148 Time deposits 745,500 745,500 - - 745,500 Federal funds sold 2,027,000 2,027,000 - - 2,027,000 Securities 22,898,813 - 22,898,813 - 22,898,813 Net loans 250,324,233 - - 250,467,566 250,467,566 Accrued interest receivable 816,995 816,995 - - 816,995 Mortgage servicing rights 524,203 - - 524,203 524,203 Financial Liabilities: Non-interest bearing deposits 17,366,843 17,366,843 - - 17,366,843 Interest bearing deposits 225,061,788 - - 229,410,384 229,410,384 Accrued interest payable 89,832 89,832 - - 89,832 FHLB advances 13,569,123 - 14,096,051 - 14,096,051 Carrying December 31, 2019 using: Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 6,038,411 $ 6,038,411 $ - $ - $ 6,038,411 Time deposits 1,483,500 1,483,500 - - 1,483,500 Federal funds sold 4,185,000 4,185,000 - - 4,185,000 Securities 24,515,759 - 24,515,759 - 24,515,759 Net loans 247,775,814 - - 248,373,122 248,373,122 Loans held for sale 1,225,526 - 1,225,526 - 1,225,526 Accrued interest receivable 875,104 875,104 - - 875,104 Mortgage servicing rights 534,646 - - 534,646 534,646 Financial Liabilities: Non-interest bearing deposits 13,664,986 13,664,986 - - 13,664,986 Interest bearing deposits 222,648,518 - - 226,125,337 226,125,337 Accrued interest payable 8,146 8,146 - - 8,146 FHLB advances 9,068,030 - 9,158,597 - 9,158,597

Note 5 - Earnings Per Share - E

Note 5 - Earnings Per Share - Earnings Per Share (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net income available to common stockholders	$ 85,956	$ 400,070
Basic potential common shares:
Weighted average shares outstanding (in shares)	3,141,912	3,346,185
Weighted average unvested MRP share (in shares)	(2,445)	(3,060)
Weighted average unallocated ESOP shares (in shares)	(138,801)	(157,022)
Basic weighted average shares outstanding (in shares)	3,000,666	3,186,103
Dilutive potential common shares:
Dilutive weighted average shares outstanding (in shares)	3,006,057	3,191,747
Basic earnings per share (in dollars per share)	$ 0.029	$ 0.13
Diluted earnings per share (in dollars per share)	$ 0.029	$ 0.13
MRP Stock Awards [Member]
Dilutive potential common shares:
Weighted average dilutive shares (in shares)		103
Recognition and Retention Plan [Member]
Dilutive potential common shares:
Weighted average dilutive shares (in shares)	5,391	5,541

Note 6 - Employee Stock Owner_3

Note 6 - Employee Stock Ownership Plan (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Oct. 11, 2016	Jul. 08, 2005
Loan to Employee Stock Ownership Plan			$ 1,907,160	$ 763,140
Employee Stock Ownership Plan (ESOP), Shares in ESOP, Total (in shares)	253,326	253,326	190,716	76,314
Sale of Stock, Price Per Share (in dollars per share)			$ 10	$ 10
Employee Stock Ownership Plan ESOP Interest and Principal Payments from ESOP	$ 239,000

Note 6 - Employee Stock Owner_4

Note 6 - Employee Stock Ownership Plan - Employee Stock Ownership Plan (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019	Oct. 11, 2016	Jul. 08, 2005
Shares allocated (in shares)	145,009	141,831
Shares withdrawn from the plan (in shares)	(28,365)	(28,365)
Unallocated shares (in shares)	136,682	139,860
Total ESOP shares (in shares)	253,326	253,326	190,716	76,314
Fair value of unallocated shares	$ 1,498,029	$ 1,934,264

Note 7 - Investment Securitie_2

Note 7 - Investment Securities (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total	31
Aggregate Percentage Loss On Securities With Unrealized Loss Position	0.98%
Other than Temporary Impairment Losses, Investments, Total	$ 0
Proceeds from Sale of Debt Securities, Available-for-sale	300,000	$ 0
Debt Securities, Realized Gain (Loss), Total	873
Debt Securities, Gain (Loss), Tax	$ 16

Note 7 - Investment Securitie_3

Note 7 - Investment Securities - Amortized Cost and Fair Values of Securities (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Securities available for sale, amortized cost	$ 22,721,304	$ 24,061,805
Securities available for sale, gross unrealized gains	247,337	484,088
Securities available for sale, gross unrealized losses	69,828	30,136
Securities available for sale	22,898,813	24,515,759
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale, amortized cost	12,623,899	13,126,074
Securities available for sale, gross unrealized gains	68,477	339,243
Securities available for sale, gross unrealized losses	49,417
Securities available for sale	12,642,959	13,465,317
Residential Mortgage Backed Securities [Member]
Securities available for sale, amortized cost	10,097,405	10,935,731
Securities available for sale, gross unrealized gains	178,860	144,845
Securities available for sale, gross unrealized losses	20,411	30,136
Securities available for sale	$ 10,255,854	$ 11,050,442

Note 7 - Investment Securitie_4

Note 7 - Investment Securities - Securities by Contractual Maturity (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Securities available for sale, due in three months or less, amortized cost
Securities available for sale, due in three months or less, fair value
Securities available for sale, due after three months through one year, amortized cost	2,436,843
Securities available for sale, due after three months through one year, fair value	2,434,230
Securities available for sale, due after one year through five years, amortized cost	3,455,503
Securities available for sale, due after one year through five years, fair value	3,477,066
Securities available for sale, due after five years through ten years, amortized cost	3,845,134
Securities available for sale, due after five years through ten years, fair value	3,842,314
Securities available for sale, due after ten years, amortized cost	2,886,419
Securities available for sale, due after ten years, fair value	2,889,349
Residential mortgage-backed securities, amortized cost	10,097,405
Residential mortgage-backed securities, fair value	10,255,854
Securities available for sale, amortized cost	22,721,304	$ 24,061,805
Securities available for sale, fair value	$ 22,898,813	$ 24,515,759

Note 7 - Investment Securitie_5

Note 7 - Investment Securities - Securities With Gross Unrealized Losses (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Securities available for sale, less than 12 months, fair value	$ 5,383,466	$ 1,912,778
Securities available for sale, less than 12 months, unrealized losses	52,434	6,049
Securities available for sale, 12 months or more, fair value	1,976,472	2,943,044
Securities available for sale, 12 months or more, unrealized losses	17,394	24,087
Securities available for sale, fair value	7,359,938	4,855,822
Securities available for sale, unrealized losses	69,828	30,136
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale, less than 12 months, fair value	4,593,310
Securities available for sale, less than 12 months, unrealized losses	49,417
Securities available for sale, 12 months or more, fair value
Securities available for sale, 12 months or more, unrealized losses
Securities available for sale, fair value	4,593,310
Securities available for sale, unrealized losses	49,417
Residential Mortgage Backed Securities [Member]
Securities available for sale, less than 12 months, fair value	790,156	1,912,778
Securities available for sale, less than 12 months, unrealized losses	3,017	6,049
Securities available for sale, 12 months or more, fair value	1,976,472	2,943,044
Securities available for sale, 12 months or more, unrealized losses	17,394	24,087
Securities available for sale, fair value	2,766,628	4,855,822
Securities available for sale, unrealized losses	$ 20,411	$ 30,136

Note 8 - Loans and Allowance _3

Note 8 - Loans and Allowance for Loan Losses (Details Textual)	3 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Payments to Acquire Loans Receivable	$ 0	$ 0
Impaired Financing Receivable, Interest Income, Cash Basis Method, Total	$ 0	$ 0
Number of Impaired Loans	35		30
Impaired Financing Receivable, Recorded Investment, Total	$ 2,568,206		$ 2,252,362
Financing Receivable, Modifications, Number of Contracts	0	0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0	0
Mortgage Loans in Process of Foreclosure, Amount	$ 819,871	$ 607,268
Residential Portfolio Segment [Member]
Real Estate Acquired Through Foreclosure	$ 0	$ 0
Written Down and Moved to OREO [Member]
Number of Impaired Loans	5
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	$ 405,000
Impaired Loans Paid Off [Member]
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	30,000
Written Down [Member]
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	108,000
Troubled Debt Restructurings [Member]
Impaired Financing Receivable, Recorded Investment, Total	58,000		$ 60,000
Proceeds from Impaired Loans, Principal Payment	$ 2,000

Note 8 - Loans and Allowance _4

Note 8 - Loans and Allowance for Loan Losses - Components of Loans, Net of Deferred Loan Costs (Fees) (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Gross loans	$ 253,681,829	$ 250,713,446
Less: Allowance for loan losses	(3,357,596)	(2,937,632)	$ (2,628,365)	$ (2,627,738)
Loans, net	250,324,233	247,775,814
Residential Portfolio Segment [Member]
Gross loans	162,721,106	161,004,509
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member]
Gross loans	155,788,454	155,143,081
Less: Allowance for loan losses	(2,352,540)	(2,121,082)	(1,723,465)	(1,761,736)
Residential Portfolio Segment [Member] | Multi-family Loans [Member]
Gross loans	6,932,652	5,861,428
Less: Allowance for loan losses	(43,003)	(24,333)	(26,698)	(26,562)
Nonresidential Real Estate Portfolio Segment [Member]
Gross loans	30,440,187	30,679,614
Less: Allowance for loan losses	(249,518)	(207,410)	(317,854)	(343,663)
Commercial Portfolio Segment [Member]
Gross loans	28,950,668	23,915,335
Less: Allowance for loan losses	(284,333)	(198,565)	(145,657)	(135,165)
Consumer Portfolio Segment [Member]
Gross loans	18,461,591	20,562,789
Less: Allowance for loan losses	(212,066)	(191,821)	(125,285)	(82,947)
Purchased Auto Loans [Member]
Gross loans	13,108,277	14,551,199
Less: Allowance for loan losses	(216,136)	(194,421)	$ (289,406)	$ (277,665)
Non-mortgage Loans [Member]
Gross loans	$ 90,960,723	$ 89,708,937

Note 8 - Loans and Allowance _5

Note 8 - Loans and Allowance for Loan Losses - Net (Charge-offs) Recoveries (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net (charge-offs)/recoveries	$ (30,036)	$ (129,373)
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member]
Net (charge-offs)/recoveries	2,601	(109,876)
Residential Portfolio Segment [Member] | Multi-family Loans [Member]
Net (charge-offs)/recoveries	3,972	3,971
Consumer Portfolio Segment [Member]
Net (charge-offs)/recoveries	566	353
Purchased Auto Loans [Member]
Net (charge-offs)/recoveries	$ (37,175)	$ (23,821)

Note 8 - Loans and Allowance _6

Note 8 - Loans and Allowance for Loan Losses - Recorded Investment in Loans and the Related Allowances (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Dec. 31, 2019
Balance	$ 2,937,632	$ 2,627,738
Provision for loan losses	450,000	130,000
Loans charged off	(40,694)	(270,740)
Recoveries of loans previously charged off	10,658	141,367
Balance	3,357,596	2,628,365
Loans individually evaluated for Impairment			$ 2,408,217	$ 2,087,604
Gross loans			253,681,829	250,713,446
Loans collectively evaluated for Impairment			251,113,623	248,461,084
Loans individually evaluated for Impairment			108,726	99,954
Allowance for loan losses	2,937,632	2,628,365	3,357,596	2,937,632
Loans collectively evaluated for Impairment			3,180,126	2,737,506
Financial Asset Acquired with Credit Deterioration [Member]
Balance	100,172
Balance	68,744
Gross loans			159,989	164,758
Allowance for loan losses	100,172		68,744	100,172
Residential Portfolio Segment [Member]
Gross loans			162,721,106	161,004,509
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member]
Balance	2,121,082	1,761,736
Provision for loan losses	228,857	71,605
Loans charged off		(236,220)
Recoveries of loans previously charged off	2,601	126,344
Balance	2,352,540	1,723,465
Loans individually evaluated for Impairment			2,016,080	1,724,694
Gross loans			155,788,454	155,143,081
Loans collectively evaluated for Impairment			153,612,385	153,253,629
Loans individually evaluated for Impairment			85,776	90,359
Allowance for loan losses	2,352,540	1,723,465	2,352,540	2,121,082
Loans collectively evaluated for Impairment			2,198,020	1,930,551
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance	100,172
Balance	68,744
Gross loans			159,989	164,758
Allowance for loan losses	100,172		68,744	100,172
Residential Portfolio Segment [Member] | Multi-family Loans [Member]
Balance	24,333	26,562
Provision for loan losses	14,698	(3,835)
Loans charged off
Recoveries of loans previously charged off	3,972	3,971
Balance	43,003	26,698
Loans individually evaluated for Impairment
Gross loans			6,932,652	5,861,428
Loans collectively evaluated for Impairment			6,932,652	5,861,428
Loans individually evaluated for Impairment
Allowance for loan losses	43,003	26,698	43,003	24,333
Loans collectively evaluated for Impairment			43,003	24,333
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance
Balance
Gross loans
Allowance for loan losses
Nonresidential Real Estate Portfolio Segment [Member]
Balance	207,410	343,663
Provision for loan losses	42,108	(25,809)
Loans charged off
Recoveries of loans previously charged off
Balance	249,518	317,854
Loans individually evaluated for Impairment			335,441	343,720
Gross loans			30,440,187	30,679,614
Loans collectively evaluated for Impairment			30,104,746	30,335,894
Loans individually evaluated for Impairment
Allowance for loan losses	249,518	317,854	249,518	207,410
Loans collectively evaluated for Impairment			249,518	207,410
Nonresidential Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance
Balance
Gross loans
Allowance for loan losses
Commercial Portfolio Segment [Member]
Balance	198,565	135,165
Provision for loan losses	85,768	10,492
Loans charged off
Recoveries of loans previously charged off
Balance	284,333	145,657
Loans individually evaluated for Impairment
Gross loans			28,950,668	23,915,335
Loans collectively evaluated for Impairment			28,950,668	23,915,335
Loans individually evaluated for Impairment
Allowance for loan losses	284,333	145,657	284,333	198,565
Loans collectively evaluated for Impairment			284,333	198,565
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance
Balance
Gross loans
Allowance for loan losses
Consumer Portfolio Segment [Member]
Balance	191,821	82,947
Provision for loan losses	19,679	41,985
Loans charged off
Recoveries of loans previously charged off	566	353
Balance	212,066	125,285
Loans individually evaluated for Impairment			18,732
Gross loans			18,461,591	20,562,789
Loans collectively evaluated for Impairment			18,442,859	20,562,789
Loans individually evaluated for Impairment			3,968
Allowance for loan losses	212,066	125,285	212,066	191,821
Loans collectively evaluated for Impairment			208,098	191,821
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance
Balance
Gross loans
Allowance for loan losses
Purchased Auto Loans [Member]
Balance	194,421	277,665
Provision for loan losses	58,890	35,562
Loans charged off	(40,694)	(34,520)
Recoveries of loans previously charged off	3,519	10,699
Balance	216,136	289,406
Loans individually evaluated for Impairment			37,964	19,190
Gross loans			13,108,277	14,551,199
Loans collectively evaluated for Impairment			13,070,313	14,532,009
Loans individually evaluated for Impairment			18,982	9,595
Allowance for loan losses	216,136	$ 289,406	216,136	194,421
Loans collectively evaluated for Impairment			197,154	184,826
Purchased Auto Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance
Balance
Gross loans
Allowance for loan losses

Note 8 - Loans and Allowance _7

Note 8 - Loans and Allowance for Loan Losses - Loans Individually Evaluated for Impairment (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Unpaid Contractual Principal Balance	$ 2,568,206	$ 2,252,362
Recorded Investment With No Allowance	2,036,040	1,701,000
Recorded Investment With Allowance	532,166	551,362
Impaired Financing Receivable, Recorded Investment, Total	2,568,206	2,252,362
Related Allowance	177,470	200,126
Average Recorded Investment	2,510,434	1,681,793
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member]
Unpaid Contractual Principal Balance	2,176,069	1,889,452
Recorded Investment With No Allowance	1,700,599	1,357,280
Recorded Investment With Allowance	475,470	532,172
Impaired Financing Receivable, Recorded Investment, Total	2,176,069	1,889,452
Related Allowance	154,520	190,531
Average Recorded Investment	2,153,496	1,298,425
Residential Portfolio Segment [Member] | Multi-family Loans [Member]
Unpaid Contractual Principal Balance
Recorded Investment With No Allowance
Recorded Investment With Allowance
Impaired Financing Receivable, Recorded Investment, Total
Related Allowance
Average Recorded Investment
Nonresidential Real Estate Portfolio Segment [Member]
Unpaid Contractual Principal Balance	335,441	343,720
Recorded Investment With No Allowance	335,441	343,720
Recorded Investment With Allowance
Impaired Financing Receivable, Recorded Investment, Total	335,441	343,720
Related Allowance
Average Recorded Investment	338,039	377,632
Commercial Portfolio Segment [Member]
Unpaid Contractual Principal Balance
Recorded Investment With No Allowance
Recorded Investment With Allowance
Impaired Financing Receivable, Recorded Investment, Total
Related Allowance
Average Recorded Investment
Consumer Portfolio Segment [Member]
Unpaid Contractual Principal Balance	18,732
Recorded Investment With No Allowance
Recorded Investment With Allowance	18,732
Impaired Financing Receivable, Recorded Investment, Total	18,732
Related Allowance	3,968
Average Recorded Investment	6,244
Purchased Auto Loans [Member]
Unpaid Contractual Principal Balance	37,964	19,190
Recorded Investment With No Allowance
Recorded Investment With Allowance	37,964	19,190
Impaired Financing Receivable, Recorded Investment, Total	37,964	19,190
Related Allowance	18,982	9,595
Average Recorded Investment	$ 12,655	$ 5,736

Note 8 - Loans and Allowance _8

Note 8 - Loans and Allowance for Loan Losses - Nonaccrual Loans and Loans Past Due Over 90 Days (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Nonaccrual Loans	$ 2,568,206	$ 2,252,362
Loans Past Due Over 90 Days Still Accruing
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member]
Nonaccrual Loans	2,176,069	1,889,452
Loans Past Due Over 90 Days Still Accruing
Residential Portfolio Segment [Member] | Multi-family Loans [Member]
Nonaccrual Loans
Loans Past Due Over 90 Days Still Accruing
Nonresidential Real Estate Portfolio Segment [Member]
Nonaccrual Loans	335,441	343,720
Loans Past Due Over 90 Days Still Accruing
Commercial Portfolio Segment [Member]
Nonaccrual Loans
Loans Past Due Over 90 Days Still Accruing
Consumer Portfolio Segment [Member]
Nonaccrual Loans	18,732
Loans Past Due Over 90 Days Still Accruing
Purchased Auto Loans [Member]
Nonaccrual Loans	37,964	19,190
Loans Past Due Over 90 Days Still Accruing

Note 8 - Loans and Allowance _9

Note 8 - Loans and Allowance for Loan Losses - Aging of the Recorded Investment in Loans (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Loans past due	$ 5,873,329	$ 5,225,158
Loans, current	247,808,500	245,488,288
Total loans	253,681,829	250,713,446
Financial Asset, 30 to 59 Days Past Due [Member]
Loans past due	3,568,936	3,474,498
Financial Asset, 60 to 89 Days Past Due [Member]
Loans past due	1,297,968	745,441
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans past due	1,006,425	1,005,219
Residential Portfolio Segment [Member]
Total loans	162,721,106	161,004,509
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member]
Loans past due	5,295,794	4,228,516
Loans, current	150,492,660	150,914,565
Total loans	155,788,454	155,143,081
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans past due	3,358,841	2,635,464
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans past due	1,032,608	607,023
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans past due	904,345	986,029
Residential Portfolio Segment [Member] | Multi-family Loans [Member]
Loans past due		104,716
Loans, current	6,932,652	5,756,712
Total loans	6,932,652	5,861,428
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans past due		104,716
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans past due
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans past due
Nonresidential Real Estate Portfolio Segment [Member]
Loans past due	434,192	336,254
Loans, current	30,005,995	30,343,360
Total loans	30,440,187	30,679,614
Nonresidential Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans past due	104,716	272,138
Nonresidential Real Estate Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans past due	265,360	64,116
Nonresidential Real Estate Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans past due	64,116
Commercial Portfolio Segment [Member]
Loans past due	53,429	421,077
Loans, current	28,897,239	23,494,258
Total loans	28,950,668	23,915,335
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans past due	53,429	368,448
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans past due		52,629
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans past due
Consumer Portfolio Segment [Member]
Loans past due	51,950	29,243
Loans, current	18,409,641	20,533,546
Total loans	18,461,591	20,562,789
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans past due	51,950	29,243
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans past due
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans past due
Purchased Auto Loans [Member]
Loans past due	37,964	105,352
Loans, current	13,070,313	14,445,847
Total loans	13,108,277	14,551,199
Purchased Auto Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans past due		64,489
Purchased Auto Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans past due		21,673
Purchased Auto Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans past due	$ 37,964	$ 19,190

Note 8 - Loans and Allowance_10

Note 8 - Loans and Allowance for Loan Losses - Loans by Risk Category (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Gross loans	$ 253,681,829	$ 250,713,446
Pass [Member]
Gross loans	83,283,333	83,340,683
Special Mention [Member]
Gross loans	97,204	40,429
Substandard [Member]
Gross loans	2,408,217	2,252,362
Doubtful [Member]
Gross loans
Not Rated [Member]
Gross loans	167,893,075	165,079,972
Residential Portfolio Segment [Member]
Gross loans	162,721,106	161,004,509
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member]
Gross loans	155,788,454	155,143,081
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Pass [Member]
Gross loans	24,285,097	29,089,454
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Special Mention [Member]
Gross loans	40,026	40,429
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Substandard [Member]
Gross loans	2,016,080	1,889,452
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Doubtful [Member]
Gross loans
Residential Portfolio Segment [Member] | One- to Four-family Loan [Member] | Not Rated [Member]
Gross loans	129,447,251	124,123,746
Residential Portfolio Segment [Member] | Multi-family Loans [Member]
Gross loans	6,932,652	5,861,428
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Pass [Member]
Gross loans
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Special Mention [Member]
Gross loans
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Substandard [Member]
Gross loans
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Doubtful [Member]
Gross loans
Residential Portfolio Segment [Member] | Multi-family Loans [Member] | Not Rated [Member]
Gross loans	6,932,652	5,861,428
Nonresidential Real Estate Portfolio Segment [Member]
Gross loans	30,440,187	30,679,614
Nonresidential Real Estate Portfolio Segment [Member] | Pass [Member]
Gross loans	30,047,568	30,335,894
Nonresidential Real Estate Portfolio Segment [Member] | Special Mention [Member]
Gross loans	57,178
Nonresidential Real Estate Portfolio Segment [Member] | Substandard [Member]
Gross loans	335,441	343,720
Nonresidential Real Estate Portfolio Segment [Member] | Doubtful [Member]
Gross loans
Nonresidential Real Estate Portfolio Segment [Member] | Not Rated [Member]
Gross loans
Commercial Portfolio Segment [Member]
Gross loans	28,950,668	23,915,335
Commercial Portfolio Segment [Member] | Pass [Member]
Gross loans	28,950,688	23,915,335
Commercial Portfolio Segment [Member] | Special Mention [Member]
Gross loans
Commercial Portfolio Segment [Member] | Substandard [Member]
Gross loans
Commercial Portfolio Segment [Member] | Doubtful [Member]
Gross loans
Commercial Portfolio Segment [Member] | Not Rated [Member]
Gross loans
Consumer Portfolio Segment [Member]
Gross loans	18,461,591	20,562,789
Consumer Portfolio Segment [Member] | Pass [Member]
Gross loans
Consumer Portfolio Segment [Member] | Special Mention [Member]
Gross loans
Consumer Portfolio Segment [Member] | Substandard [Member]
Gross loans	18,732
Consumer Portfolio Segment [Member] | Doubtful [Member]
Gross loans
Consumer Portfolio Segment [Member] | Not Rated [Member]
Gross loans	18,442,859	20,562,789
Purchased Auto Loans [Member]
Gross loans	13,108,277	14,551,199
Purchased Auto Loans [Member] | Pass [Member]
Gross loans
Purchased Auto Loans [Member] | Special Mention [Member]
Gross loans
Purchased Auto Loans [Member] | Substandard [Member]
Gross loans	37,964	19,190
Purchased Auto Loans [Member] | Doubtful [Member]
Gross loans
Purchased Auto Loans [Member] | Not Rated [Member]
Gross loans	$ 13,070,313	$ 14,532,009

Note 9 - Stock Compensation (De

Note 9 - Stock Compensation (Details Textual) - USD ($) shares in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Payment Arrangement, Expense	$ 2,663	$ 3,363
Management Recognition Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	0	0

Note 11 - Borrowings - Outstand

Note 11 - Borrowings - Outstanding Advances (Details) - Federal Home Loan Bank of Chicago [Member] - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Advances from FHLB	$ 13,569,123	$ 9,068,030
Matures 03/22/2021 at 3.03% [Member]
Advances from FHLB	1,000,000	1,000,000
Matures 09/21/2021 at 3.07% [Member]
Advances from FHLB	1,000,000	1,000,000
Matures 03/21/2022 at 3.09% [Member]
Advances from FHLB	1,000,000	1,000,000
Matures 09/21/2022 at 3.11% [Member]
Advances from FHLB	1,000,000	1,000,000
Matures 10/03/2022 at 1.48% [Member]
Advances from FHLB	69,123	68,030
Matures 03/21/2023 at 3.15% [Member]
Advances from FHLB	500,000	500,000
Matures 09/21/2023 at 3.18 % [Member]
Advances from FHLB	500,000	500,000
Matures 08/28/2024 at 1.59% [Member]
Advances from FHLB	1,500,000	1,500,000
Matures 03/31/2025 at 1.19% [Member]
Advances from FHLB	2,000,000
Matures 08/28/2029 at 1.93% [Member]
Advances from FHLB	1,500,000	1,500,000
Matures 10/23/2029 at 1.96% [Member]
Advances from FHLB	1,000,000	1,000,000
Matures 01/28/2030 at 2.06% [Member]
Advances from FHLB	1,500,000
Matures 02/25/2029 at 1.81% [Member]
Advances from FHLB	$ 1,000,000

Note 11 - Borrowings - Outsta_2

Note 11 - Borrowings - Outstanding Advances (Details) (Parentheticals) - Federal Home Loan Bank of Chicago [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Matures 03/22/2021 at 3.03% [Member]
Maturity date on fixed rate advance	Mar. 22, 2021	Mar. 22, 2021
Interest rate, fixed	3.03%	3.03%
Matures 09/21/2021 at 3.07% [Member]
Maturity date on fixed rate advance	Sep. 21, 2021	Sep. 21, 2021
Interest rate, fixed	3.07%	3.07%
Matures 03/21/2022 at 3.09% [Member]
Maturity date on fixed rate advance	Mar. 21, 2022	Mar. 21, 2022
Interest rate, fixed	3.09%	3.09%
Matures 09/21/2022 at 3.11% [Member]
Maturity date on fixed rate advance	Sep. 21, 2022	Sep. 21, 2022
Interest rate, fixed	3.11%	3.11%
Matures 10/03/2022 at 1.48% [Member]
Maturity date on fixed rate advance	Oct. 3, 2022	Oct. 3, 2022
Interest rate, fixed	1.48%	1.48%
Matures 03/21/2023 at 3.15% [Member]
Maturity date on fixed rate advance	Mar. 21, 2023	Mar. 21, 2023
Interest rate, fixed	3.15%	3.15%
Matures 09/21/2023 at 3.18 % [Member]
Maturity date on fixed rate advance	Sep. 21, 2023	Sep. 21, 2023
Interest rate, fixed	3.18%	3.18%
Matures 08/28/2024 at 1.59% [Member]
Maturity date on fixed rate advance	Aug. 28, 2024	Aug. 28, 2024
Interest rate, fixed	1.59%	1.59%
Matures 03/31/2025 at 1.19% [Member]
Maturity date on fixed rate advance	Aug. 28, 2029	Aug. 28, 2029
Interest rate, fixed	1.19%	1.93%
Matures 08/28/2029 at 1.93% [Member]
Maturity date on fixed rate advance	Oct. 23, 2029	Oct. 23, 2029
Interest rate, fixed	1.93%	1.96%
Matures 10/23/2029 at 1.96% [Member]
Maturity date on fixed rate advance	Oct. 23, 2029
Interest rate, fixed	1.96%
Matures 01/28/2030 at 2.06% [Member]
Maturity date on fixed rate advance	Jan. 28, 2030
Interest rate, fixed	2.06%
Matures 02/25/2029 at 1.81% [Member]
Maturity date on fixed rate advance	Feb. 25, 2029
Interest rate, fixed	1.81%

Note 12 - Fair Value Measurem_3

Note 12 - Fair Value Measurement and Disclosure (Details Textual) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale, Total	$ 22,898,813	$ 24,515,759
Fair Value, Inputs, Level 1 [Member]
Debt Securities, Available-for-sale, Total	0
Fair Value, Inputs, Level 3 [Member]
Debt Securities, Available-for-sale, Total	$ 0

Note 12 - Fair Value Measurem_4

Note 12 - Fair Value Measurement and Disclosure - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Securities available for sale	$ 22,898,813	$ 24,515,759
Fair Value, Recurring [Member]
Securities available for sale	22,898,813	24,515,759
Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Securities available for sale
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Securities available for sale	22,898,813	24,515,759
Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Securities available for sale
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale	12,642,959	13,465,317
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]
Securities available for sale	12,642,959	13,465,317
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Securities available for sale
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Securities available for sale	12,642,959	13,465,317
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Securities available for sale
Residential Mortgage Backed Securities [Member]
Securities available for sale	10,255,854	11,050,442
Residential Mortgage Backed Securities [Member] | Fair Value, Recurring [Member]
Securities available for sale	10,255,854	11,050,442
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Securities available for sale
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Securities available for sale	10,255,854	11,050,442
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Securities available for sale

Note 12 - Fair Value Measurem_5

Note 12 - Fair Value Measurement and Disclosure - Assets Measured at Fair Value on a Non-recurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Foreclosed assets	$ 15,963	$ 12,926
Impaired loans, net	354,696	351,236
Fair Value, Inputs, Level 1 [Member]
Foreclosed assets
Impaired loans, net
Fair Value, Inputs, Level 2 [Member]
Foreclosed assets
Impaired loans, net
Fair Value, Inputs, Level 3 [Member]
Foreclosed assets	15,963	12,926
Impaired loans, net	$ 354,696	$ 351,236

Note 12 - Fair Value Measurem_6

Note 12 - Fair Value Measurement and Disclosure - Quantitative Information About Assets Measured at Fair Value (Details) - Fair Value, Inputs, Level 3 [Member] $ in Thousands	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Measurement Input, Discount Rate [Member]
Impaired loans, net range	10	10
Valuation, Market Approach [Member] | Measurement Input, Appraised Value [Member]
Foreclosed assets	$ 15,963	$ 12,926
Impaired loans, net	$ 264,080	$ 287,815
Impaired loans, net range		(46.67)
Valuation, Market Approach [Member] | Measurement Input, Appraised Value [Member] | Minimum [Member]
Foreclosed assets range	(35)	(50)
Impaired loans, net range	(16)
Valuation, Market Approach [Member] | Measurement Input, Appraised Value [Member] | Maximum [Member]
Foreclosed assets range	(68)	(76)
Impaired loans, net range	(100)
Valuation, Income Approach [Member] | Payment Stream [Member]
Impaired loans, net	$ 90,616	$ 63,421

Note 12 - Fair Value Measurem_7

Note 12 - Fair Value Measurement and Disclosure - Estimated Fair Values of Financial Instruments (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Reported Value Measurement [Member]
Cash and cash equivalents	$ 14,981,148	$ 6,038,411
Time deposits	745,500	1,483,500
Federal funds sold	2,027,000	4,185,000
Securities	22,898,813	24,515,759
Net loans	250,324,233	247,775,814
Accrued interest receivable	816,995	875,104
Mortgage servicing rights	524,203	534,646
Accrued interest payable	89,832	8,146
FHLB advances	13,569,123	9,068,030
Loans held for sale		1,225,526
Reported Value Measurement [Member] | Non-Interest Bearing Deposits [Member]
Deposits	17,366,843	13,664,986
Reported Value Measurement [Member] | Interest Bearing Deposits, Liabilities [Member]
Deposits	225,061,788	222,648,518
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	14,981,148	6,038,411
Time deposits	745,500	1,483,500
Federal funds sold	2,027,000	4,185,000
Securities	22,898,813	24,515,759
Net loans	250,467,566	248,373,122
Accrued interest receivable	816,995	875,104
Mortgage servicing rights	524,203	534,646
Accrued interest payable	89,832	8,146
FHLB advances	14,096,051	9,158,597
Loans held for sale		1,225,526
Estimate of Fair Value Measurement [Member] | Non-Interest Bearing Deposits [Member]
Deposits	17,366,843	13,664,986
Estimate of Fair Value Measurement [Member] | Interest Bearing Deposits, Liabilities [Member]
Deposits	229,410,384	226,125,337
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	14,981,148	6,038,411
Time deposits	745,500	1,483,500
Federal funds sold	2,027,000	4,185,000
Securities
Net loans
Accrued interest receivable	816,995	875,104
Mortgage servicing rights
Accrued interest payable	89,832	8,146
FHLB advances
Loans held for sale
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Non-Interest Bearing Deposits [Member]
Deposits	17,366,843	13,664,986
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Bearing Deposits, Liabilities [Member]
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents
Time deposits
Federal funds sold
Securities	22,898,813	24,515,759
Net loans
Accrued interest receivable
Mortgage servicing rights
Accrued interest payable
FHLB advances	14,096,051	9,158,597
Loans held for sale		1,225,526
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Non-Interest Bearing Deposits [Member]
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Bearing Deposits, Liabilities [Member]
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents
Time deposits
Federal funds sold
Securities
Net loans	250,467,566	248,373,122
Accrued interest receivable
Mortgage servicing rights	524,203	534,646
Accrued interest payable
FHLB advances
Loans held for sale
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Non-Interest Bearing Deposits [Member]
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Bearing Deposits, Liabilities [Member]
Deposits	$ 229,410,384	$ 226,125,337