Disclosure Regarding Fair Value of Financial Statements (Details 4) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Financial Assets:
Investment securities available for sale	$ 101,430,963	$ 119,668,874
Level 1 [Member]
Financial Assets:
Cash and due from banks	9,843,665	6,325,457
Interest-bearing deposits at the Federal Reserve	35,252,826	25,506,784
Investment securities available for sale	28,146,403	32,356,634
Level 2 [Member]
Financial Assets:
Investment securities available for sale	68,750,043	81,070,285
Mortgage loans to be sold	2,874,982	1,199,438
Accrued interest receivable	1,565,145	1,561,915
Financial Liabilities:
Demand deposits	357,791,960	347,909,663
Time deposits	29,473,494	38,747,898
Accrued interest payable	63,802	163,876
Level 3 [Member]
Financial Assets:
Investment securities available for sale	4,534,517	6,241,955
Loans, net	275,600,697	263,780,751
Carrying Amount [Member]
Financial Assets:
Cash and due from banks	9,843,665	6,325,457
Interest-bearing deposits at the Federal Reserve	35,252,826	25,506,784
Investment securities available for sale	101,430,963	119,668,874
Mortgage loans to be sold	2,874,982	1,199,438
Loans, net	279,717,082	270,449,936
Accrued interest receivable	1,565,145	1,561,915
Financial Liabilities:
Demand deposits	357,791,960	347,909,663
Time deposits	26,017,945	34,468,725
Accrued interest payable	63,802	163,876
Estimated Fair Value [Member]
Financial Assets:
Cash and due from banks	9,843,665	6,325,457
Interest-bearing deposits at the Federal Reserve	35,252,826	25,506,784
Investment securities available for sale	101,430,963	119,668,874
Mortgage loans to be sold	2,874,982	1,199,438
Loans, net	275,600,697	263,780,751
Accrued interest receivable	1,565,145	1,561,915
Financial Liabilities:
Demand deposits	357,791,960	347,909,663
Time deposits	29,473,494	38,747,898
Accrued interest payable	$ 63,802	$ 163,876