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Disclosure Regarding Fair Value of Financial Statements (Details 4) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Financial Assets:    
Cash and due from banks $ 6,455,536 $ 5,295,924
Interest-bearing deposits in other banks 35,256,752 23,898,862
Investments available for sale 105,358,942 119,997,585
Mortgage loans to be sold 6,500,452 5,820,239
Accrued interest receivable 1,401,353 1,284,063
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Financial Assets:    
Cash and due from banks 6,455,536 5,295,924
Interest-bearing deposits in other banks 35,256,752 23,898,862
Investments available for sale 24,374,531 34,633,673
Significant Other Observable Inputs (Level 2) [Member]    
Financial Assets:    
Investments available for sale 73,279,597 80,146,234
Mortgage loans to be sold 6,500,452 5,820,239
Accrued interest receivable 1,401,353 1,284,063
Financial Liabilities:    
Demand Deposits 334,445,792 303,950,800
Time Deposits 47,790,915 54,780,915
Accrued interest payable 56,580 73,421
Fair Value Inputs Level 3 [Member]    
Financial Assets:    
Investments available for sale 7,704,814 5,217,678
Loans 270,170,410 242,581,154
Carrying Amount [Member]    
Financial Assets:    
Cash and due from banks 6,455,536 5,295,924
Interest-bearing deposits in other banks 35,256,752 23,898,862
Investments available for sale 105,358,942 119,997,585
Mortgage loans to be sold 6,500,452 5,820,239
Loans 270,300,089 242,622,705
Accrued interest receivable 1,401,353 1,284,063
Financial Liabilities:    
Demand Deposits 334,445,792 303,950,800
Time Deposits 47,776,488 54,767,812
Accrued interest payable 56,580 73,421
Fair Value [Member]    
Financial Assets:    
Cash and due from banks 6,455,536 5,295,924
Interest-bearing deposits in other banks 35,256,752 23,898,862
Investments available for sale 105,358,942 119,997,585
Mortgage loans to be sold 6,500,452 5,820,239
Loans 270,170,410 242,851,154
Accrued interest receivable 1,401,353 1,284,063
Financial Liabilities:    
Demand Deposits 334,445,792 303,950,800
Time Deposits 47,790,915 54,780,915
Accrued interest payable $ 56,580 $ 73,421