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The amortized cost and estimated fair value of investment securities available for sale as of March 31, 2022 and December 31, 2021, by contractual maturity are in the following table. (Details) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]    
Due in one year or less, amortized cost $ 3,039,951 $ 12,756,176
Due in one year or less, estimated fair value 3,014,039 12,859,086
Due in one year to five years, amortized cost 184,453,829 116,602,790
Due in one year to five years, estimated fair value 177,328,263 115,896,465
Due in five years to ten years, amortized cost 76,428,538 76,531,464
Due in five years to ten years, estimated fair value 69,708,612 74,575,862
Due in ten years and over, amortized cost 8,898,444 9,157,021
Due in ten years and over, estimated fair value 7,855,390 9,016,076
Total, amortized cost 272,820,762 215,047,451
Total, estimated fair value $ 257,906,304 $ 212,347,489