Disclosure Regarding Fair Value of Financial Statements (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Investment securities available for sale	$ 125,914,894	$ 139,250,250
U.S. Treasury Notes [Member]
Investment securities available for sale	35,174,877	35,559,845
Government-Sponsored Enterprises [Member]
Investment securities available for sale	59,789,587	63,556,504
Municipal Securities [Member]
Investment securities available for sale	30,950,430	40,133,901
Level 1 [Member]
Investment securities available for sale	35,174,877	35,559,845
Level 2 [Member]
Investment securities available for sale	83,256,321	92,231,516
Level 3 [Member]
Investment securities available for sale	7,483,696	11,458,889
Recurring Basis [Member]
Total fair value	125,914,894	139,250,250
Recurring Basis [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	35,174,877	35,559,845
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	59,789,587	63,556,504
Recurring Basis [Member] | Municipal Securities [Member]
Investment securities available for sale	30,950,430	40,133,901
Recurring Basis [Member] | Level 1 [Member]
Total fair value	35,174,877	35,559,845
Recurring Basis [Member] | Level 1 [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	35,174,877	35,559,845
Recurring Basis [Member] | Level 2 [Member]
Total fair value	83,256,321	92,231,516
Recurring Basis [Member] | Level 2 [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	59,789,587	63,556,504
Recurring Basis [Member] | Level 2 [Member] | Municipal Securities [Member]
Investment securities available for sale	23,466,734	28,675,012
Recurring Basis [Member] | Level 3 [Member]
Total fair value	7,483,696	11,458,889
Recurring Basis [Member] | Level 3 [Member] | Municipal Securities [Member]
Investment securities available for sale	$ 7,483,696	$ 11,458,889