Disclosure Regarding Fair Value of Financial Statements (Details 4) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Financial Assets:
Investment securities available for sale	$ 119,831,325	$ 139,250,250
Level 1 [Member]
Financial Assets:
Cash and due from banks	7,945,003	8,486,025
Interest-bearing deposits at the Federal Reserve	14,319,336	24,034,194
Investment securities available for sale	32,030,197	35,559,845
Level 2 [Member]
Financial Assets:
Investment securities available for sale	80,704,772	92,231,516
Mortgage loans to be sold	3,651,150	2,093,723
Accrued interest receivable	1,568,814	1,720,920
Financial Liabilities:
Demand deposits	336,848,278	360,967,884
Time deposits	45,356,971	40,722,870
Accrued interest payable	134,746	96,190
Level 3 [Member]
Financial Assets:
Investment securities available for sale	7,096,356	11,458,889
Loans, net	269,509,849	265,277,204
Carrying Amount [Member]
Financial Assets:
Cash and due from banks	7,945,003	8,486,025
Interest-bearing deposits at the Federal Reserve	14,319,336	24,034,194
Investment securities available for sale	119,831,325	139,250,250
Mortgage loans to be sold	3,651,150	2,093,723
Loans, net	274,097,073	266,305,242
Accrued interest receivable	1,568,814	1,720,920
Financial Liabilities:
Demand deposits	336,848,278	360,967,884
Time deposits	45,491,331	41,920,416
Accrued interest payable	134,746	96,190
Estimated Fair Value [Member]
Financial Assets:
Cash and due from banks	7,945,003	8,486,025
Interest-bearing deposits at the Federal Reserve	14,319,336	24,034,194
Investment securities available for sale	119,831,325	139,250,250
Mortgage loans to be sold	3,651,150	2,093,723
Loans, net	269,509,849	265,277,204
Accrued interest receivable	1,568,814	1,720,920
Financial Liabilities:
Demand deposits	336,848,278	360,967,884
Time deposits	45,356,971	40,722,870
Accrued interest payable	$ 134,746	$ 96,190