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Note 13 - Federal and State Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2018
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | 2018 |  | 2017 |  | 2016
Current |  | $ | 2,722,635 |  | $ | 10,976,005 |  | $ | 11,969,194
Deferred |  |  | 6,292,477 |  |  | (6,029,555) |  |  | (3,066,407)
|  | $ | 9,015,112 |  | $ | 4,946,450 |  | $ | 8,902,787
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Year Ended December 31, |
|  | 2018 |  | 2017 |  | 2016 |
|  |  |  |  | % of |  |  |  |  | % of |  |  |  |  | % of |
|  |  |  |  | Pretax |  |  |  |  | Pretax |  |  |  |  | Pretax |
|  | Amount |  | Income |  | Amount |  | Income |  | Amount |  | Income |
Computed "expected" tax expense |  | $ | 10,948,310 |  | 21.0 | % | $ | 14,228,535 |  | 35.0 | % | $ | 12,806,351 |  | 35.0 | %
Effect of graduated tax rates |  |  | — |  | — |  |  | — |  | — |  |  | (250,013) |  | (0.7) |
Tax exempt income, net |  |  | (3,957,851) |  | (7.6) |  |  | (5,653,979) |  | (13.9) |  |  | (4,343,270) |  | (11.9) |
Bank-owned life insurance |  |  | (342,667) |  | (0.6) |  |  | (630,855) |  | (1.5) |  |  | (619,988) |  | (1.7) |
State income taxes, net of federal benefit, current year |  |  | 2,680,581 |  | 5.2 |  |  | 1,764,671 |  | 4.3 |  |  | 1,245,524 |  | 3.4 |
Change in unrecognized tax benefits |  |  | (44,629) |  | (0.1) |  |  | (53,699) |  | (0.1) |  |  | 121,008 |  | 0.3 |
New Markets Tax Credits and other credits |  |  | (154,200) |  | (0.3) |  |  | (341,268) |  | (0.8) |  |  | (180,000) |  | (0.5) |
Acquisition costs |  |  | 226,599 |  | 0.4 |  |  | — |  | — |  |  | 176,050 |  | 0.5 |
Excess tax benefit on stock options exercised and restricted stock awards vested |  |  | (425,142) |  | (0.8) |  |  | (1,219,483) |  | (3.0) |  |  | — |  | — |
Re-measurement of deferred tax asset to incorporate newly enacted tax rates |  |  | — |  | — |  |  | (2,918,606) |  | (7.2) |  |  | — |  | — |
Other |  |  | 84,111 |  | 0.1 |  |  | (228,866) |  | (0.6) |  |  | (52,875) |  | (0.1) |
Federal and state income tax expense |  | $ | 9,015,112 |  | 17.3 | % | $ | 4,946,450 |  | 12.2 | % | $ | 8,902,787 |  | 24.3 | %
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
|  | 2018 |  | 2017
Balance, beginning |  | $ | 1,293,268 |  | $ | 1,346,967
Impact of tax positions taken during current year |  |  | 286,994 |  |  | 333,253
Gross decrease related to tax positions of prior years |  |  | (178,058) |  |  | (40,584)
Reduction as a result of a lapse of the applicable statute of limitations |  |  | (153,565) |  |  | (346,368)
Balance, ending |  | $ | 1,248,639 |  | $ | 1,293,268
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | 2018 |  | 2017
Deferred tax assets: |  |  |  |  |  |
Alternative minimum tax credits |  | $ | 2,911,031 |  | $ | 6,513,502
Historic tax credits |  |  | 1,937,170 |  |  | —
New markets tax credits |  |  | — |  |  | 2,164,727
Net unrealized losses on securities available for sale and derivative instruments |  |  | 1,687,162 |  |  | 498,860
Compensation |  |  | 6,771,593 |  |  | 6,282,603
Loan/lease losses |  |  | 9,548,985 |  |  | 8,029,714
Net operating loss carryforwards, federal and state |  |  | 849,335 |  |  | 959,627
Other |  |  | 52,738 |  |  | 34,962
|  |  | 23,758,014 |  |  | 24,483,995
Deferred tax liabilities: |  |  |  |  |  |
Premises and equipment |  |  | 2,716,592 |  |  | 2,400,397
Equipment financing leases |  |  | 18,329,372 |  |  | 15,367,705
Acquisition fair value adjustments |  |  | 2,739,038 |  |  | 1,864,599
Investment accretion |  |  | 30,533 |  |  | 30,656
Deferred loan origination fees, net |  |  | 482,380 |  |  | 115,153
Other |  |  | 424,335 |  |  | 430,125
|  |  | 24,722,250 |  |  | 20,208,635
Net deferred tax assets (liabilities) |  | $ | (964,236) |  | $ | 4,275,360
Deferred Taxes in Financial Statements [Table Text Block] |
|  | 2018 |  | 2017 |  | 2016
Provision for income taxes |  | $ | 6,292,477 |  | $ | (6,029,555) |  | $ | (3,066,407)
Net deferred tax asset acquired |  |  | — |  |  | — |  |  | (3,310,553)
Net deferred tax asset resulting from acquisition adjustments |  |  | (52,717) |  |  | 243,195 |  |  | 5,110,015
Re-measurement of deferred tax asset to incorporate newly enacted tax rates |  |  | — |  |  | 2,918,606 |  |  | —
Statement of stockholders' equity- Other comprehensive income (loss) |  |  | (1,000,164) |  |  | 668,085 |  |  | (202,691)
|  | $ | 5,239,596 |  | $ | (2,199,669) |  | $ | (1,469,636)

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