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The amortized cost and estimated fair value of investment securities available for sale as of September 30, 2022 and December 31, 2021, by contractual maturity are in the following table. (Details) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]    
Due in one year or less, amortized cost $ 27,376,382 $ 12,756,176
Due in one year or less, estimated fair value 26,827,999 12,859,086
Due in one year to five years, amortized cost 189,340,366 116,602,790
Due in one year to five years, estimated fair value 175,487,805 115,896,465
Due in five years to ten years, amortized cost 72,507,681 76,531,464
Due in five years to ten years, estimated fair value 60,788,617 74,575,862
Due in ten years and over, amortized cost 8,396,996 9,157,021
Due in ten years and over, estimated fair value 6,282,222 9,016,076
Total, amortized cost 297,621,425 215,047,451
Total, estimated fair value $ 269,386,643 $ 212,347,489