Disclosure Regarding Fair Value of Financial Statements (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Investment securities available for sale	$ 119,831,325	$ 139,250,250
U.S. Treasury Notes [Member]
Investment securities available for sale	32,030,197	35,559,845
Government-Sponsored Enterprises [Member]
Investment securities available for sale	58,921,085	63,556,504
Municipal Securities [Member]
Investment securities available for sale	28,880,043	40,133,901
Level 1 [Member]
Investment securities available for sale	32,030,197	35,559,845
Level 2 [Member]
Investment securities available for sale	80,704,772	92,231,516
Level 3 [Member]
Investment securities available for sale	7,096,356	11,458,889
Recurring Basis [Member]
Total fair value	119,831,325	139,250,250
Recurring Basis [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	32,030,197	35,559,845
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	58,921,085	63,556,504
Recurring Basis [Member] | Municipal Securities [Member]
Investment securities available for sale	28,880,043	40,133,901
Recurring Basis [Member] | Level 1 [Member]
Total fair value	32,030,197	35,559,845
Recurring Basis [Member] | Level 1 [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	32,030,197	35,559,845
Recurring Basis [Member] | Level 2 [Member]
Total fair value	80,704,772	92,231,516
Recurring Basis [Member] | Level 2 [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	58,921,085	63,556,504
Recurring Basis [Member] | Level 2 [Member] | Municipal Securities [Member]
Investment securities available for sale	21,783,687	28,675,012
Recurring Basis [Member] | Level 3 [Member]
Total fair value	7,096,356	11,458,889
Recurring Basis [Member] | Level 3 [Member] | Municipal Securities [Member]
Investment securities available for sale	$ 7,096,356	$ 11,458,889