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Note 20 - Parent Company Only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2017
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
Condensed Balance Sheets |  |  |  |  |  |  |  |
December 31, 2017 and 2016 |  |  |  |  |  |  |  |
Assets |  | 2017 |  |  | 2016 |
Cash and due from banks |  | $ | 4,325,582 |  |  | $ | 6,929,755 |
Interest-bearing deposits at financial institutions |  |  | 601 |  |  |  | 651 |
Securities available for sale, at fair value |  |  | 1,690,726 |  |  |  | 1,545,565 |
Loans/leases receivable, held for investment |  |  | 1,710,000 |  |  |  | - |
Investment in bank subsidiaries |  |  | 410,105,525 |  |  |  | 345,866,288 |
Investment in nonbank subsidiaries |  |  | 2,956,337 |  |  |  | 1,154,642 |
Premises and equipment, net |  |  | 4,947,572 |  |  |  | 5,104,677 |
Other assets |  |  | 11,630,304 |  |  |  | 15,245,521 |
Total assets |  | $ | 437,366,647 |  |  | $ | 375,847,099 |
Liabilities and Stockholders' Equity |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |
Other borrowings |  | $ | 31,000,000 |  |  | $ | 35,000,000 |
Junior subordinated debentures |  |  | 37,486,487 |  |  |  | 33,480,202 |
Other liabilities |  |  | 15,593,031 |  |  |  | 21,326,098 |
Total liabilities |  |  | 84,079,518 |  |  |  | 89,806,300 |
Stockholders' Equity: |  |  |  |  |  |  |  |
Common stock |  |  | 13,918,168 |  |  |  | 13,106,845 |
Additional paid-in capital |  |  | 189,077,550 |  |  |  | 156,776,642 |
Retained earnings |  |  | 151,962,661 |  |  |  | 118,616,901 |
Accumulated other comprehensive loss |  |  | (1,671,250 | ) |  |  | (2,459,589 | )
Total stockholders' equity |  |  | 353,287,129 |  |  |  | 286,040,799 |
Total liabilities and stockholders' equity |  | $ | 437,366,647 |  |  | $ | 375,847,099 |
Condensed Income Statement [Table Text Block] |
Condensed Statements of Income |  |  |  |  |  |  |  |  |  |  |  |
Years Ended December 31, 2017, 2016, and 2015 |  |  |  |  |  |  |  |  |  |  |  |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Total interest income |  | $ | 12,802 |  |  | $ | 74,489 |  |  | $ | 69,774 |
Equity in net income of bank subsidiaries |  |  | 45,103,593 |  |  |  | 33,467,712 |  |  |  | 22,059,086 |
Equity in net income of nonbank subsidiaries |  |  | 75,344 |  |  |  | 32,674 |  |  |  | 32,823 |
Securities gains |  |  | 6,312 |  |  |  | 37,596 |  |  |  | 262,800 |
Other |  |  | 2,700 |  |  |  | (2,933 | ) |  |  | (4,436 | )
Total income |  |  | 45,200,751 |  |  |  | 33,609,538 |  |  |  | 22,420,047 |
Interest expense |  |  | 2,658,414 |  |  |  | 1,735,769 |  |  |  | 1,679,909 |
Salaries and employee benefits |  |  | 5,021,998 |  |  |  | 4,607,887 |  |  |  | 4,847,507 |
Professional fees |  |  | 1,344,721 |  |  |  | 949,442 |  |  |  | 1,121,094 |
Acquisition costs |  |  | 1,068,918 |  |  |  | 1,400,004 |  |  |  | - |
Post-acquisition compensation, transition and integration costs |  |  | 3,151,384 |  |  |  | 313,598 |  |  |  | - |
Gains on debt extinguishment |  |  | - |  |  |  | (1,200,000 | ) |  |  | (300,000 | )
Other |  |  | 1,134,139 |  |  |  | 988,057 |  |  |  | 949,041 |
Total expenses |  |  | 14,379,574 |  |  |  | 8,794,757 |  |  |  | 8,297,551 |
Income before income tax benefit |  |  | 30,821,177 |  |  |  | 24,814,781 |  |  |  | 14,122,496 |
Income tax benefit |  |  | 4,885,330 |  |  |  | 2,872,006 |  |  |  | 2,805,385 |
Net income |  | $ | 35,706,507 |  |  | $ | 27,686,787 |  |  | $ | 16,927,881 |
Condensed Cash Flow Statement [Table Text Block] |
Condensed Statements of Cash Flows |  |  |  |  |  |  |  |  |  |  |  |
Years Ended December 31, 2017, 2016, and 2015 |  |  |  |  |  |  |  |  |  |  |  |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Cash Flows from Operating Activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 35,706,507 |  |  | $ | 27,686,787 |  |  | $ | 16,927,881 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Earnings of bank subsidiaries |  |  | (45,103,593 | ) |  |  | (33,467,712 | ) |  |  | (22,059,086 | )
Earnings of nonbank subsidiaries |  |  | (75,344 | ) |  |  | (32,674 | ) |  |  | (32,823 | )
Distributions from bank subsidiaries |  |  | 21,000,000 |  |  |  | 26,000,000 |  |  |  | 9,700,000 |
Distributions from nonbank subsidiaries |  |  | 38,734 |  |  |  | 32,860 |  |  |  | 32,695 |
Accretion of acquisition fair value adjustments |  |  | 149,010 |  |  |  | 136,150 |  |  |  | 137,317 |
Depreciation |  |  | 225,947 |  |  |  | 222,256 |  |  |  | 174,757 |
Stock-based compensation expense |  |  | 1,187,036 |  |  |  | 947,174 |  |  |  | 941,469 |
Securities gains, net |  |  | (6,312 | ) |  |  | (37,596 | ) |  |  | (262,801 | )
Gains on debt extinguishment |  |  | - |  |  |  | (1,200,000 | ) |  |  | (300,000 | )
Decrease (increase) in other assets |  |  | (968,808 | ) |  |  | (2,346,253 | ) |  |  | (5,929,110 | )
(Decrease) increase in other liabilities |  |  | (6,918,921 | ) |  |  | 5,105,251 |  |  |  | 5,502,390 |
Net cash provided by operating activities |  |  | 5,234,256 |  |  |  | 23,046,243 |  |  |  | 4,832,689 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Net increase in interest-bearing deposits at financial institutions |  |  | 50 |  |  |  | 50 |  |  |  | 189,426 |
Activity in securities portfolio: |  |  |  |  |  |  |  |  |  |  |  |
Purchases |  |  | - |  |  |  | (3,873,060 | ) |  |  | (1,764,137 | )
Calls, maturities and redemptions |  |  | 6,312 |  |  |  | 3,800,000 |  |  |  | 1,772,719 |
Sales |  |  | 31,713 |  |  |  | 132,738 |  |  |  | 489,828 |
Capital infusion, bank subsidiaries |  |  | - |  |  |  | - |  |  |  | (45,600,000 | )
Net cash paid for acquisitions |  |  | (3,368,909 | ) |  |  | (80,000,000 | ) |  |  | - |
Purchase of premises and equipment |  |  | (68,842 | ) |  |  | (824,498 | ) |  |  | (1,517,157 | )
Net cash (used in) provided by investing activities |  |  | (3,399,676 | ) |  |  | (80,764,770 | ) |  |  | (46,429,321 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Activity in other borrowings: |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from other borrowings |  |  | 7,000,000 |  |  |  | 35,000,000 |  |  |  | - |
Calls, maturities and scheduled principal payments |  |  | (11,000,000 | ) |  |  | - |  |  |  | (2,350,000 | )
Prepayments |  |  | - |  |  |  | - |  |  |  | (19,395,116 | )
Retirement of junior subordinated debentures |  |  | - |  |  |  | (3,955,000 | ) |  |  | (1,762,000 | )
Payment of cash dividends on common and preferred stock |  |  | (2,494,260 | ) |  |  | (1,981,541 | ) |  |  | (782,054 | )
Net proceeds from common stock offering, 3,680,000 shares issued |  |  | - |  |  |  | - |  |  |  | 63,484,123 |
Net proceeds from common stock offering, 1,215,000 shares issued |  |  | - |  |  |  | 29,828,916 |  |  |  | - |
Proceeds from issuance of common stock, net |  |  | 2,055,507 |  |  |  | 2,105,774 |  |  |  | 1,552,673 |
Net cash provided by (used in) financing activities |  |  | (4,438,753 | ) |  |  | 60,998,149 |  |  |  | 40,747,626 |
Net increase (decrease) in cash and due from banks |  |  | (2,604,173 | ) |  |  | 3,279,622 |  |  |  | (849,006 | )
Cash and due from banks: |  |  |  |  |  |  |  |  |  |  |  |
Beginning |  |  | 6,929,755 |  |  |  | 3,650,133 |  |  |  | 4,499,139 |
Ending |  | $ | 4,325,582 |  |  | $ | 6,929,755 |  |  | $ | 3,650,133 |

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