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Fair Value of Financial Statements (Details 4) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Financial Assets:    
Investment securities available for sale $ 132,660,381 $ 119,978,944
Quoted Prices in Active Markets (Level 1) [Member]    
Financial Assets:    
Cash and due from banks 8,746,291 8,141,030
Interest-bearing deposits in other banks 23,881,649 18,101,300
Investment securities available for sale 24,195,314 23,939,063
Significant Other Observable Inputs (Level 2) [Member]    
Financial Assets:    
Investment securities available for sale 95,976,122 82,062,024
Mortgage loans to be sold 2,232,201 4,386,210
Accrued interest receivable 1,551,357 1,614,002
Financial Liabilities:    
Demand deposits 341,773,707 328,681,594
Time deposits 44,734,936 43,856,383
Accrued interest payable 59,031 51,629
Significant Unobservable Inputs (Level 3) [Member]    
Financial Assets:    
Investment securities available for sale 12,488,945 13,977,857
Net loans 255,780,927 256,555,052
Carrying Amount [Member]    
Financial Assets:    
Cash and due from banks 8,746,291 8,141,030
Interest-bearing deposits in other banks 23,881,649 18,101,300
Investment securities available for sale 132,660,381 119,978,944
Mortgage loans to be sold 2,232,201 4,386,210
Net loans 256,302,230 256,724,498
Accrued interest receivable 1,551,357 1,614,002
Financial Liabilities:    
Demand deposits 341,773,707 328,681,594
Time deposits 44,518,562 43,841,257
Accrued interest payable 59,031 51,629
Estimated Fair Value [Member]    
Financial Assets:    
Cash and due from banks 8,746,291 8,141,030
Interest-bearing deposits in other banks 23,881,649 18,101,300
Investment securities available for sale 132,660,381 119,978,944
Mortgage loans to be sold 2,232,201 4,386,210
Net loans 255,780,927 256,555,052
Accrued interest receivable 1,551,357 1,614,002
Financial Liabilities:    
Demand deposits 341,773,707 328,681,594
Time deposits 44,734,936 43,856,383
Accrued interest payable $ 59,031 $ 51,629