|
Note 5 - Employee Benefit Plans (Tables)
|
12 Months Ended |
|
Dec. 31, 2012
|
| Schedule of Net Funded Status [Table Text Block] |
|
|
|
2012
|
|
|
2011
|
|
|
Change
in projected benefits obligation:
|
|
|
|
|
|
|
|
Projected
benefit obligation at beginning of year
|
|
$
|
3,640,465
|
|
|
$
|
3,073,740
|
|
|
Service
cost
|
|
|
67,083
|
|
|
|
96,083
|
|
|
Interest
cost
|
|
|
168,122
|
|
|
|
171,493
|
|
|
Actuarial
(gain) loss
|
|
|
297,638
|
|
|
|
424,503
|
|
|
Benefits
paid
|
|
|
(142,460
|
)
|
|
|
(125,354
|
)
|
|
Projected
benefit obligation at end of year
|
|
$
|
4,030,848
|
|
|
$
|
3,640,465
|
|
|
|
|
|
|
|
|
|
|
|
|
Change
in plan assets:
|
|
|
|
|
|
|
|
|
|
Fair
value of plan assets at beginning of year
|
|
$
|
3,100,494
|
|
|
$
|
2,637,397
|
|
|
Actual
return on plan assets
|
|
|
199,235
|
|
|
|
45,312
|
|
|
Contributions
by employer
|
|
|
—
|
|
|
|
543,139
|
|
|
Benefits
paid
|
|
|
(142,460
|
)
|
|
|
(125,354
|
)
|
|
Fair
value of plan assets at end of year
|
|
$
|
3,157,269
|
|
|
$
|
3,100,494
|
|
|
Unfunded
status at end of year
|
|
$
|
(873,579
|
)
|
|
$
|
(539,971
|
)
|
|
| Schedule of Defined Benefit Plans Disclosures [Table Text Block] |
|
|
|
2012
|
|
|
2011
|
|
|
|
|
|
|
|
|
|
|
Assets
|
|
$
|
—
|
|
|
$
|
—
|
|
|
Liabilities
|
|
|
(873,579
|
)
|
|
|
(539,971
|
)
|
|
|
|
$
|
(873,579
|
)
|
|
$
|
(539,971
|
)
|
|
| Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block] |
|
|
|
2012
|
|
|
2011
|
|
|
|
|
|
|
|
|
|
|
Net
actuarial loss
|
|
$
|
(1,453,722
|
)
|
|
$
|
(1,259,043
|
)
|
|
Prior
service cost
|
|
|
(15,921
|
)
|
|
|
(24,517
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Amounts
recognized in accumulated other comprehensive income
(loss), before taxes
|
|
|
(1,469,643
|
)
|
|
|
(1,283,560
|
)
|
|
Income
tax benefit
|
|
|
515,678
|
|
|
|
449,246
|
|
|
Amounts
recognized in accumulated other comprehensive income
(loss), after taxes
|
|
$
|
(953,965
|
)
|
|
$
|
(834,314
|
)
|
|
| Schedule of Net Benefit Costs [Table Text Block] |
|
|
|
2012
|
|
|
2011
|
|
|
2010
|
|
|
Components
of net periodic benefit cost:
|
|
|
|
|
|
|
|
|
|
|
Service
cost
|
|
$
|
67,083
|
|
|
$
|
96,083
|
|
|
$
|
96,251
|
|
|
Interest
cost
|
|
|
168,122
|
|
|
|
171,493
|
|
|
|
169,460
|
|
|
Expected
return on plan assets
|
|
|
(209,999
|
)
|
|
|
(180,852
|
)
|
|
|
(153,147
|
)
|
|
Amortization
of net loss
|
|
|
113,723
|
|
|
|
61,309
|
|
|
|
50,553
|
|
|
Amortization
of prior service cost
|
|
|
8,596
|
|
|
|
8,596
|
|
|
|
9,416
|
|
|
Net
periodic benefit cost
|
|
$
|
147,525
|
|
|
$
|
156,629
|
|
|
$
|
172,533
|
|
|
| Schedule of Changes in Projected Benefit Obligations [Table Text Block] |
|
|
|
2012
|
|
|
2011
|
|
|
2010
|
|
|
Net
actuarial loss
|
|
$
|
308,402
|
|
|
$
|
560,043
|
|
|
$
|
102,084
|
|
|
Recognized
actuarial loss
|
|
|
(113,723
|
)
|
|
|
(61,309
|
)
|
|
|
(50,553
|
)
|
|
Recognized
prior service cost
|
|
|
(8,596
|
)
|
|
|
(8,596
|
)
|
|
|
(9,416
|
)
|
|
Total
recognized in other comprehensive income,
before taxes
|
|
$
|
186,083
|
|
|
$
|
490,138
|
|
|
$
|
42,115
|
|
|
Total
recognized in net benefit cost and other
comprehensive income, before taxes
|
|
$
|
333,608
|
|
|
$
|
646,767
|
|
|
$
|
214,648
|
|
|
| Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block] |
|
|
|
2012
|
|
|
2011
|
|
|
Projected
benefit obligation in excess of plan assets:
|
|
|
|
|
|
|
|
Projected
benefit obligation
|
|
$
|
4,030,848
|
|
|
$
|
3,640,465
|
|
|
Fair
value of plan assets
|
|
$
|
3,157,269
|
|
|
$
|
3,100,494
|
|
|
Accumulated
benefit obligation in excess of plan assets:
|
|
|
|
|
|
|
|
|
|
Accumulated
benefit obligation
|
|
$
|
3,390,382
|
|
|
$
|
3,076,051
|
|
|
Fair
value of plan assets
|
|
$
|
3,157,269
|
|
|
$
|
3,100,494
|
|
|
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate Support, Methodology and Source Data |
|
|
|
2012
|
|
2011
|
|
2010
|
|
Weighted
average assumptions used to determine
benefit obligations as of December 31:
|
|
|
|
|
|
|
|
|
|
|
Discount
rate
|
|
4.25
|
%
|
|
4.75
|
%
|
|
5.75
|
%
|
|
Rate
of compensation increase
|
|
7.29
|
|
|
7.29
|
|
|
7.29
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted
average assumptions used to determine benefit
costs for the years ended December
31:
|
|
|
|
|
|
|
|
|
|
|
Discount
rate
|
|
4.75
|
%
|
|
5.75
|
%
|
|
6.25
|
%
|
|
Expected
return on plan assets
|
|
7.00
|
|
|
7.00
|
|
|
7.00
|
|
|
Rate
of compensation increase
|
|
7.29
|
|
|
7.29
|
|
|
7.29
|
|
|
| Schedule of Changes in Fair Value of Plan Assets [Table Text Block] |
|
|
|
Total
|
|
|
Quoted
Prices in
Active
Markets for
Identical
Assets
(Level
1)
|
|
|
Significant
Other
Observable
Inputs (Level 2)
|
|
|
Significant
Unobservable
Inputs (Level 3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash
and Cash Equivalents
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money
Markets
|
|
$
|
296,745
|
|
|
$
|
296,745
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
Equities
|
|
|
58,773
|
|
|
|
58,773
|
|
|
|
—
|
|
|
|
—
|
|
|
Mutual
Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity
Funds
|
|
|
1,223,629
|
|
|
|
1,223,629
|
|
|
|
—
|
|
|
|
—
|
|
|
Fixed
Income Funds
|
|
|
1,578,122
|
|
|
|
1,578,122
|
|
|
|
—
|
|
|
|
—
|
|
|
Total
|
|
$
|
3,157,269
|
|
|
$
|
3,157,269
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
|
|
Total
|
|
|
Quoted
Prices in
Active
Markets for
Identical
Assets
(Level
1)
|
|
|
Significant
Other
Observable
Inputs (Level 2)
|
|
|
Significant
Unobservable
Inputs (Level 3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash
and Cash Equivalents
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money
Markets
|
|
$
|
801,651
|
|
|
$
|
801,651
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
Mutual
Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity
Funds
|
|
|
1,026,046
|
|
|
|
1,026,046
|
|
|
|
—
|
|
|
|
—
|
|
|
Fixed
Income Funds
|
|
|
1,272,797
|
|
|
|
1,272,797
|
|
|
|
—
|
|
|
|
—
|
|
|
Total
|
|
$
|
3,100,494
|
|
|
$
|
3,100,494
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
| Schedule of Expected Benefit Payments [Table Text Block] |
|
Year ending December
31,
|
|
Amount
|
|
|
2013
|
|
$
|
211,413
|
|
|
2014
|
|
|
207,756
|
|
|
2015
|
|
|
204,017
|
|
|
2016
|
|
|
204,168
|
|
|
2017
|
|
|
201,076
|
|
|
2018
to 2022
|
|
|
1,270,581
|
|
|