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Disclosure Regarding Fair Value of Financial Statements (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Investment securities available for sale $ 129,313,988 $ 119,978,944
Quoted Prices in Active Markets (Level 1) [Member]    
Investment securities available for sale 24,075,781 23,939,063
Significant Other Observable Inputs (Level 2) [Member]    
Investment securities available for sale 91,779,762 82,062,024
Significant Unobservable Inputs (Level 3) [Member]    
Investment securities available for sale 13,458,445 13,977,857
U.S. Treasury Notes [Member]    
Investment securities available for sale 24,075,781 23,939,063
Government-Sponsored Enterprises [Member]    
Investment securities available for sale 61,320,063 51,034,091
Municipal Securities [Member]    
Investment securities available for sale 43,918,144 45,005,790
Recurring Basis [Member]    
Total fair value 129,313,988 119,978,944
Recurring Basis [Member] | Quoted Prices in Active Markets (Level 1) [Member]    
Total fair value 24,075,781 23,939,063
Recurring Basis [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Total fair value 91,779,762 82,062,024
Recurring Basis [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Total fair value 13,458,445 13,977,857
Recurring Basis [Member] | U.S. Treasury Notes [Member]    
Investment securities available for sale 24,075,781 23,939,063
Recurring Basis [Member] | U.S. Treasury Notes [Member] | Quoted Prices in Active Markets (Level 1) [Member]    
Investment securities available for sale 24,075,781 23,939,063
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]    
Investment securities available for sale 61,320,063 51,034,091
Recurring Basis [Member] | Government-Sponsored Enterprises [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Investment securities available for sale 61,320,063 51,034,091
Recurring Basis [Member] | Municipal Securities [Member]    
Investment securities available for sale 43,918,144 45,005,790
Recurring Basis [Member] | Municipal Securities [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Investment securities available for sale 30,459,699 31,027,933
Recurring Basis [Member] | Municipal Securities [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Investment securities available for sale $ 13,458,445 $ 13,977,857