Disclosure Regarding Fair Value of Financial Statements (Details 4) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Financial Assets:
Investment securities available for sale	$ 129,313,988	$ 119,978,944
Quoted Prices in Active Markets (Level 1) [Member]
Financial Assets:
Cash and due from banks	7,122,113	8,141,030
Interest-bearing deposits in other banks	31,153,847	18,101,300
Investment securities available for sale	24,075,781	23,939,063
Significant Other Observable Inputs (Level 2) [Member]
Financial Assets:
Investment securities available for sale	91,779,762	82,062,024
Mortgage loans to be sold	3,524,646	4,386,210
Accrued interest receivable	1,177,290	1,614,002
Financial Liabilities:
Demand deposits	340,633,563	328,681,594
Time deposits	45,476,893	43,856,383
Accrued interest payable	57,059	51,629
Significant Unobservable Inputs (Level 3) [Member]
Financial Assets:
Investment securities available for sale	13,458,445	13,977,857
Loans	258,853,584	260,406,669
Carrying Amount [Member]
Financial Assets:
Cash and due from banks	7,122,113	8,141,030
Interest-bearing deposits in other banks	31,153,847	18,101,300
Investment securities available for sale	129,313,988	119,978,944
Mortgage loans to be sold	3,524,646	4,386,210
Loans	255,463,843	260,576,115
Accrued interest receivable	1,177,290	1,614,002
Financial Liabilities:
Demand deposits	340,633,563	328,681,594
Time deposits	45,331,176	43,841,257
Accrued interest payable	57,059	51,629
Estimated Fair Value [Member]
Financial Assets:
Cash and due from banks	7,122,113	8,141,030
Interest-bearing deposits in other banks	31,153,847	18,101,300
Investment securities available for sale	129,313,988	119,978,944
Mortgage loans to be sold	3,524,646	4,386,210
Loans	258,853,584	260,406,669
Accrued interest receivable	1,177,290	1,614,002
Financial Liabilities:
Demand deposits	340,633,563	328,681,594
Time deposits	45,476,893	43,856,383
Accrued interest payable	$ 57,059	$ 51,629