CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities:
Net income	$ 1,810,075	$ 1,521,131
Adjustments to reconcile net income net cash provided by operating activities:
Depreciation expense	106,414	104,638
Provision for loan losses	120,000
Stock-based compensation expense	22,997	16,418
Deferred income taxes and other assets	(813,220)	(476,772)
Net amortization of unearned discounts on investment securities available for sale	96,917	40,898
Origination of mortgage loans held for sale	(48,008,560)	(23,150,204)
Proceeds from sale of mortgage loans held for sale	47,744,276	22,859,558
Decrease in accrued interest receivable	220,448	76,188
Increase in accrued interest payable and other liabilities	699,515	377,465
Net cash provided by operating activities	1,998,862	1,369,320
Cash flows from investing activities:
Proceeds from calls and maturities of investment securities available for sale	4,817,000	8,754,000
Purchase of investment securities available for sale	(15,728,575)
Net increase in loans	(1,490,085)	(4,292,645)
Purchase of premises, equipment, and leasehold improvements, net	(29,223)	(78,537)
Net cash (used in) provided by investing activities	(12,430,883)	4,382,818
Cash flows from financing activities:
Net increase in deposit accounts	22,448,381	53,189,878
Dividends paid	(938,480)	(884,800)
Stock options exercised	31,245	4,489
Net cash provided by financing activities	21,541,146	52,309,567
Net increase in cash and cash equivalents	11,109,125	58,061,705
Cash and cash equivalents at the beginning of the period	48,325,981	49,094,419
Cash and cash equivalents at the end of the period	59,435,106	107,156,124
Cash paid during the period for:
Interest	75,231	96,973
Income taxes	231,375
Supplemental disclosures for non-cash investing and financing activity:
Change in unrealized gain on securities available for sale, net of income taxes	2,343,977	(601,016)
Change in dividends payable	553,166	59
Change in right of use assets and lease liabilities	$ (124,995)	$ 117,917