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Fair Value of Financial Statements (Details) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Investment securities available for sale $ 132,660,381 $ 119,978,944
U.S. Treasury Notes [Member]    
Investment securities available for sale 24,195,314 23,939,063
Government-Sponsored Enterprises [Member]    
Investment securities available for sale 66,717,277 51,034,091
Municipal Securities [Member]    
Investment securities available for sale 41,747,790 45,005,790
Quoted Prices in Active Markets (Level 1) [Member]    
Investment securities available for sale 24,195,314 23,939,063
Significant Other Observable Inputs (Level 2) [Member]    
Investment securities available for sale 95,976,122 82,062,024
Significant Unobservable Inputs (Level 3) [Member]    
Investment securities available for sale 12,488,945 13,977,857
Recurring Basis [Member]    
Total fair value 132,660,381 119,978,944
Recurring Basis [Member] | U.S. Treasury Notes [Member]    
Investment securities available for sale 24,195,314 23,939,063
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]    
Investment securities available for sale 66,717,277 51,034,091
Recurring Basis [Member] | Municipal Securities [Member]    
Investment securities available for sale 41,747,790 45,005,790
Recurring Basis [Member] | Quoted Prices in Active Markets (Level 1) [Member]    
Total fair value 24,195,314 23,939,063
Recurring Basis [Member] | Quoted Prices in Active Markets (Level 1) [Member] | U.S. Treasury Notes [Member]    
Investment securities available for sale 24,195,314 23,939,063
Recurring Basis [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Total fair value 95,976,122 82,062,024
Recurring Basis [Member] | Significant Other Observable Inputs (Level 2) [Member] | Government-Sponsored Enterprises [Member]    
Investment securities available for sale 66,717,277 51,034,091
Recurring Basis [Member] | Significant Other Observable Inputs (Level 2) [Member] | Municipal Securities [Member]    
Investment securities available for sale 29,258,845 31,027,933
Recurring Basis [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Total fair value 12,488,945 13,977,857
Recurring Basis [Member] | Significant Unobservable Inputs (Level 3) [Member] | Municipal Securities [Member]    
Investment securities available for sale $ 12,488,945 $ 13,977,857