The following tables present the carrying amount, fair value, and placement in the fair value hierarchy of our financial instruments as of December 31, 2021 and 2020, respectively (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	$ 212,347,489	$ 134,819,818
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks	11,140,559	5,977,896
Interest-bearing deposits at the Federal Reserve	128,971,429	42,348,085
Investment securities available for sale	100,062,300	20,410,550
Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	87,801,142	108,725,338
Mortgage loans to be sold	2,774,388	12,965,733
Accrued interest receivable	1,404,227	1,595,629
Demand deposits	587,903,356	441,498,500
Time deposits	21,428,310	20,294,852
Accrued interest payable	14,914	20,707
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	24,484,047	5,683,930
Loans, net	293,731,997	308,721,680
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks	11,140,559	5,977,896
Interest-bearing deposits at the Federal Reserve	128,971,429	42,348,085
Investment securities available for sale	212,347,489	134,819,818
Mortgage loans to be sold	2,774,388	12,965,733
Loans, net	302,255,242	316,616,979
Accrued interest receivable	1,404,227	1,595,629
Demand deposits	587,903,356	441,498,500
Time deposits	21,288,220	20,699,131
Accrued interest payable	14,914	20,707
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks	11,140,559	5,977,896
Interest-bearing deposits at the Federal Reserve	128,971,429	42,348,085
Investment securities available for sale	212,347,489	134,819,818
Mortgage loans to be sold	2,774,388	12,965,733
Loans, net	293,731,997	308,721,680
Accrued interest receivable	1,404,227	1,595,629
Demand deposits	587,903,356	441,498,500
Time deposits	21,428,310	20,294,852
Accrued interest payable	$ 14,914	$ 20,707