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The following tables present the carrying amount, fair value, and placement in the fair value hierarchy of our financial instruments as of June 30, 2022 and December 31, 2021, respectively. (Details) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Financial Assets:    
Investment securities available for sale $ 270,703,544 $ 212,347,489
Reported Value Measurement [Member]    
Financial Assets:    
Cash and due from banks 7,008,752 11,140,559
Interest-bearing deposits at the Federal Reserve 35,638,304 128,971,429
Investment securities available for sale 270,703,544 212,347,489
Mortgage loans to be sold 4,092,450 2,774,388
Loans, net 312,228,883 302,255,242
Accrued interest receivable 1,661,438 1,404,227
Financial Liabilities:    
Demand deposits 579,777,483 587,903,356
Time deposits 18,012,678 21,288,220
Accrued interest payable 14,710 14,914
Estimate of Fair Value Measurement [Member]    
Financial Assets:    
Cash and due from banks 7,008,752 11,140,559
Interest-bearing deposits at the Federal Reserve 35,638,304 128,971,429
Investment securities available for sale 270,703,544 212,347,489
Mortgage loans to be sold 4,092,450 2,774,388
Loans, net 302,862,758 293,731,997
Accrued interest receivable 1,661,438 1,404,227
Financial Liabilities:    
Demand deposits 579,777,483 587,903,356
Time deposits 17,159,332 21,428,310
Accrued interest payable 14,710 14,914
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]    
Financial Assets:    
Cash and due from banks 7,008,752 11,140,559
Interest-bearing deposits at the Federal Reserve 35,638,304 128,971,429
Investment securities available for sale 171,461,725 100,062,300
Mortgage loans to be sold
Loans, net
Accrued interest receivable
Financial Liabilities:    
Demand deposits
Time deposits
Accrued interest payable
Estimate of Fair Value Measurement [Member] | 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 74,951,580 87,801,142
Mortgage loans to be sold 4,092,450 2,774,388
Loans, net
Accrued interest receivable 1,661,438 1,404,227
Financial Liabilities:    
Demand deposits 579,777,483 587,903,356
Time deposits 17,159,332 21,428,310
Accrued interest payable 14,710 14,914
Estimate of Fair Value Measurement [Member] | 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 24,290,239 24,484,047
Mortgage loans to be sold
Loans, net 302,862,758 293,731,997
Accrued interest receivable
Financial Liabilities:    
Demand deposits
Time deposits
Accrued interest payable