XML 60 R41.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note 6 - Derivatives and Hedging Activities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] |
Effective Date | Maturity Date | Balance Sheet Location |  | Notional Amount |  | Accounting Treatment |  | December 31, 2015 Fair Value |  |  | December 31, 2014 Fair Value |
June 5, 2014 | June 5, 2019 | Other Assets |  | $ | 15,000,000 |  | Cash Flow Hedging |  | $ | 321,112 |  |  | $ | 608,189 |
June 5, 2014 | June 5, 2021 | Other Assets |  |  | 15,000,000 |  | Cash Flow Hedging |  |  | 534,912 |  |  |  | 879,198 |
|  |  |  | $ | 30,000,000 |  |  |  | $ | 856,024 |  |  | $ | 1,487,387 |
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] |
|  | Year Ended |
|  | December 31, 2015 |  |  | December 31, 2014 |
Unrealized loss at beginning of period, net of tax |  | $ | (399,367 | ) |  | $ | - |
Amount reclassified from accumulated other comprehensive income to noninterest income related to hedge ineffectiveness |  |  | (156 | ) |  |  | (30,212 | )
Amount reclassified from accumulated other comprehensive income to interest expense related to caplet amortization |  |  | 16,051 |  |  |  | 65 |
Amount of loss recognized in other comprehensive income, net of tax |  |  | (415,949 | ) |  |  | (369,220 | )
Unrealized loss at end of period, net of tax |  | $ | (799,421 | ) |  | $ | (399,367 | )

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration