CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income	$ 3,530,111	$ 3,338,587
Adjustments to reconcile net income net cash provided by operating activities:
Depreciation expense	109,132	94,347
Gain on sale of investment securities	(28,900)	(4,735)
Valuation and other adjustments to other real estate owned		23,637
Provision for loan losses	145,000	130,000
Stock-based compensation expense	37,763	37,763
Deferred income taxes	(21,966)	(289,099)
Net amortization of unearned discounts on investment securities available for sale	140,730	152,517
Origination of mortgage loans held for sale	(27,140,026)	(29,065,349)
Proceeds from sale of mortgage loans held for sale	25,464,482	27,507,922
(Increase) decrease in accrued interest receivable and other assets	(215,254)	152,106
Increase in accrued interest payable and other liabilities	599,626	208,777
Net cash provided by operating activities	2,620,698	2,286,473
Cash flows from investing activities:
Proceeds from calls and maturities of investment securities available for sale	5,743,835	5,995,000
Proceeds from sale of investment securities available for sale	14,952,500	21,434,634
Purchase of investment securities available for sale		(9,978,050)
Net increase in loans	(9,412,146)	(7,921,831)
Purchase of premises, equipment, and leasehold improvements, net	(463,239)	(128,838)
Net cash provided by investing activities	10,820,950	9,400,915
Cash flows from financing activities:
Net increase (decrease) in deposit accounts	1,431,517	(20,548,691)
Dividends paid	(1,709,314)	(1,497,024)
Stock options exercised	100,399	102,447
Net cash used in financing activities	(177,398)	(21,943,268)
Net increase (decrease) in cash and cash equivalents	13,264,250	(10,255,880)
Cash and cash equivalents at the beginning of the period	31,832,241	32,520,219
Cash and cash equivalents at the end of the period	45,096,491	22,264,339
Cash paid during the period for:
Interest	589,058	210,971
Income taxes	627,642	636,760
Supplemental disclosures for non-cash investing and financing activity:
Change in unrealized gain on securities available for sale, net of income taxes	(2,030,501)	1,437,452
Change in dividends payable	57,406	$ 84,222
Right of use assets obtained in exchange for lease obligations	7,334,079
Change in right of use assets and lease liabilities	$ (115,435)