Disclosure Regarding Fair Value of Financial Statements (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Investment securities available for sale	$ 98,297,968	$ 119,668,874
Level 1 [Member]
Investment securities available for sale	28,208,943	32,356,634
Level 2 [Member]
Investment securities available for sale	62,009,848	81,070,285
Level 3 [Member]
Investment securities available for sale	8,079,177	6,241,955
U.S. Treasury Notes [Member]
Investment securities available for sale	28,208,943	32,356,634
Government-Sponsored Enterprises [Member]
Investment securities available for sale	45,576,005	59,369,280
Municipal Securities [Member]
Investment securities available for sale	24,513,020	27,942,960
Recurring Basis [Member]
Investment securities available for sale	98,297,968	119,668,874
Recurring Basis [Member] | Level 1 [Member]
Investment securities available for sale	28,208,943	32,356,634
Recurring Basis [Member] | Level 2 [Member]
Investment securities available for sale	62,009,848	81,070,285
Recurring Basis [Member] | Level 3 [Member]
Investment securities available for sale	8,079,177	6,241,955
Recurring Basis [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	28,208,943	32,356,634
Recurring Basis [Member] | U.S. Treasury Notes [Member] | Level 1 [Member]
Investment securities available for sale	28,208,943	32,356,634
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	45,576,005	59,369,280
Recurring Basis [Member] | Government-Sponsored Enterprises [Member] | Level 2 [Member]
Investment securities available for sale	45,576,005	59,369,280
Recurring Basis [Member] | Municipal Securities [Member]
Investment securities available for sale	24,513,020	27,942,960
Recurring Basis [Member] | Municipal Securities [Member] | Level 2 [Member]
Investment securities available for sale	16,433,843	21,701,005
Recurring Basis [Member] | Municipal Securities [Member] | Level 3 [Member]
Investment securities available for sale	$ 8,079,177	$ 6,241,955