Disclosure Regarding Fair Value of Financial Statements (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Investment securities available for sale	$ 92,415,838	$ 100,449,956
Level 1 [Member]
Investment securities available for sale	23,625,549	23,180,200
Level 2 [Member]
Investment securities available for sale	62,386,569	65,315,305
Level 3 [Member]
Investment securities available for sale	6,403,720	11,954,451
U.S. Treasury Notes [Member]
Investment securities available for sale	23,625,549	23,180,200
Government-Sponsored Enterprises [Member]
Investment securities available for sale	51,269,460	50,498,195
Municipal Securities [Member]
Investment securities available for sale	17,520,829	26,771,561
Recurring Basis [Member]
Investment securities available for sale	92,415,838	100,449,956
Recurring Basis [Member] | Level 1 [Member]
Investment securities available for sale	23,625,549	23,180,200
Recurring Basis [Member] | Level 2 [Member]
Investment securities available for sale	62,386,569	65,315,305
Recurring Basis [Member] | Level 3 [Member]
Investment securities available for sale	6,403,720	11,954,451
Recurring Basis [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	23,625,549	23,180,200
Recurring Basis [Member] | U.S. Treasury Notes [Member] | Level 1 [Member]
Investment securities available for sale	23,625,549	23,180,200
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	51,269,460	50,498,195
Recurring Basis [Member] | Government-Sponsored Enterprises [Member] | Level 2 [Member]
Investment securities available for sale	51,269,460	50,498,195
Recurring Basis [Member] | Municipal Securities [Member]
Investment securities available for sale	17,520,829	26,771,561
Recurring Basis [Member] | Municipal Securities [Member] | Level 2 [Member]
Investment securities available for sale	11,117,109	14,817,110
Recurring Basis [Member] | Municipal Securities [Member] | Level 3 [Member]
Investment securities available for sale	$ 6,403,720	$ 11,954,451