Disclosure Regarding Fair Value of Financial Statements (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Investment securities available for sale	$ 101,430,963	$ 119,668,874
Level 1 [Member]
Investment securities available for sale	28,146,403	32,356,634
Level 2 [Member]
Investment securities available for sale	68,750,043	81,070,285
Level 3 [Member]
Investment securities available for sale	4,534,517	6,241,955
U.S. Treasury Notes [Member]
Investment securities available for sale	28,146,403	32,356,634
Government-Sponsored Enterprises [Member]
Investment securities available for sale	50,717,345	59,369,280
Municipal Securities [Member]
Investment securities available for sale	22,567,215	27,942,960
Recurring Basis [Member]
Investment securities available for sale	101,430,963	119,668,874
Recurring Basis [Member] | Level 1 [Member]
Investment securities available for sale	28,146,403	32,356,634
Recurring Basis [Member] | Level 2 [Member]
Investment securities available for sale	68,750,043	81,070,285
Recurring Basis [Member] | Level 3 [Member]
Investment securities available for sale	4,534,517	6,241,955
Recurring Basis [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	28,146,403	32,356,634
Recurring Basis [Member] | U.S. Treasury Notes [Member] | Level 1 [Member]
Investment securities available for sale	28,146,403	32,356,634
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	50,717,345	59,369,280
Recurring Basis [Member] | Government-Sponsored Enterprises [Member] | Level 2 [Member]
Investment securities available for sale	50,717,345	59,369,280
Recurring Basis [Member] | Municipal Securities [Member]
Investment securities available for sale	22,567,215	27,942,960
Recurring Basis [Member] | Municipal Securities [Member] | Level 2 [Member]
Investment securities available for sale	18,032,698	21,701,005
Recurring Basis [Member] | Municipal Securities [Member] | Level 3 [Member]
Investment securities available for sale	$ 4,534,517	$ 6,241,955