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Note 18 - Related Party Transactions
12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

(18) Related Party Transactions


The following table reflects the activity and aggregate balance of direct and indirect loans to directors, executive officers or principal holders of equity securities of the Company. All such loans were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons and do not involve more than a normal risk of collectibility. A summary of activity of related party loans is shown below:


   

2015

   

2014

 
                 

Balance, Beginning

  $ 3,233,949     $ 4,064,588  
                 

New Loans

    4,900,932       6,406,713  

Repayments

    (6,065,098 )     (7,237,352 )

Transactions Due to Changes in Directors

    (253,174 )     -  
                 

Balance, Ending

  $ 1,816,609     $ 3,233,949