The following tables present the carrying amount, fair value, and placement in the fair value hierarchy of our financial instruments as of June 30, 2021 and December 31, 2020. (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Financial Assets:
Investment securities available for sale	$ 163,040,171	$ 134,819,818
Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and due from banks	7,236,583	5,977,896
Interest-bearing deposits at the Federal Reserve	71,409,091	42,348,085
Investment securities available for sale	50,706,620	20,410,550
Mortgage loans to be sold
Loans, net
Accrued interest receivable
Financial Liabilities:
Demand deposits
Time deposits
Accrued interest payable
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Cash and due from banks
Interest-bearing deposits at the Federal Reserve
Investment securities available for sale	105,373,436	108,725,338
Mortgage loans to be sold	11,269,562	12,965,733
Loans, net
Accrued interest receivable	1,465,539	1,595,629
Financial Liabilities:
Demand deposits	493,712,492	441,498,500
Time deposits	18,913,524	20,294,852
Accrued interest payable	17,834	20,707
Fair Value, Inputs, Level 3 [Member]
Financial Assets:
Cash and due from banks
Interest-bearing deposits at the Federal Reserve
Investment securities available for sale	6,960,115	5,683,930
Mortgage loans to be sold
Loans, net	300,779,581	308,721,680
Accrued interest receivable
Financial Liabilities:
Demand deposits
Time deposits
Accrued interest payable
Reported Value Measurement [Member]
Financial Assets:
Cash and due from banks	7,236,583	5,977,896
Interest-bearing deposits at the Federal Reserve	71,409,091	42,348,085
Investment securities available for sale	163,040,171	134,819,818
Mortgage loans to be sold	11,269,562	12,965,733
Loans, net	308,865,267	316,616,979
Accrued interest receivable	1,465,539	1,595,629
Financial Liabilities:
Demand deposits	493,712,492	441,498,500
Time deposits	19,149,229	20,699,131
Accrued interest payable	17,834	20,707
Estimate of Fair Value Measurement [Member]
Financial Assets:
Cash and due from banks	7,236,583	5,977,896
Interest-bearing deposits at the Federal Reserve	71,409,091	42,348,085
Investment securities available for sale	163,040,171	134,819,818
Mortgage loans to be sold	11,269,562	12,965,733
Loans, net	300,779,581	308,721,680
Accrued interest receivable	1,465,539	1,595,629
Financial Liabilities:
Demand deposits	493,712,492	441,498,500
Time deposits	18,913,524	20,294,852
Accrued interest payable	$ 17,834	$ 20,707