Disclosure Regarding Fair Value of Financial Statements (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Investment securities available for sale	$ 135,307,515	$ 100,449,956
Level 1 [Member]
Investment securities available for sale	23,507,937	23,180,200
Level 2 [Member]
Investment securities available for sale	105,765,007	65,315,305
Level 3 [Member]
Investment securities available for sale	6,034,571	11,954,451
U.S. Treasury Notes [Member]
Investment securities available for sale	23,507,937	23,180,200
Government-Sponsored Enterprises [Member]
Investment securities available for sale	94,876,522	50,498,195
Municipal Securities [Member]
Investment securities available for sale	16,923,056	26,771,561
Recurring Basis [Member]
Investment securities available for sale	135,307,515	100,449,956
Recurring Basis [Member] | Level 1 [Member]
Investment securities available for sale	23,507,937	23,180,200
Recurring Basis [Member] | Level 2 [Member]
Investment securities available for sale	105,765,007	65,315,305
Recurring Basis [Member] | Level 3 [Member]
Investment securities available for sale	6,034,571	11,954,451
Recurring Basis [Member] | U.S. Treasury Notes [Member]
Investment securities available for sale	23,507,937	23,180,200
Recurring Basis [Member] | U.S. Treasury Notes [Member] | Level 1 [Member]
Investment securities available for sale	23,507,937	23,180,200
Recurring Basis [Member] | Government-Sponsored Enterprises [Member]
Investment securities available for sale	94,876,522	50,498,195
Recurring Basis [Member] | Government-Sponsored Enterprises [Member] | Level 2 [Member]
Investment securities available for sale	94,876,522	50,498,195
Recurring Basis [Member] | Municipal Securities [Member]
Investment securities available for sale	16,923,056	26,771,561
Recurring Basis [Member] | Municipal Securities [Member] | Level 2 [Member]
Investment securities available for sale	10,888,485	14,817,110
Recurring Basis [Member] | Municipal Securities [Member] | Level 3 [Member]
Investment securities available for sale	$ 6,034,571	$ 11,954,451