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The following tables set forth the changes in the allowance for loan losses and an allocation of the allowance for loan losses by class for the three and nine months ended September 30, 2022 and 2021. (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Allowance for Loan Losses:        
Beginning balance $ 4,306,865 $ 4,306,303 $ 4,376,987 $ 4,185,694
Charge-offs (903) (2,045) (20,318)
Recoveries 22,356 63,057 29,279 83,081
Provisions (75,000) 120,000
Ending balance 4,329,221 4,368,457 4,329,221 4,368,457
Commercial Loan [Member]        
Allowance for Loan Losses:        
Beginning balance 882,994 801,548 795,689 1,029,310
Charge-offs
Recoveries 200 10,746 200 21,329
Provisions (51,621) (9,338) 35,684 (247,683)
Ending balance 831,573 802,956 831,573 802,956
Commercial Real Estate Portfolio Segment [Member]        
Allowance for Loan Losses:        
Beginning balance 230,370 154,276 175,493 199,266
Charge-offs
Recoveries
Provisions (12,590) 1,248 42,287 (43,742)
Ending balance 217,780 155,524 217,780 155,524
Commercial Portfolio Segment [Member]        
Allowance for Loan Losses:        
Beginning balance 2,210,311 2,206,215 2,376,306 1,909,121
Charge-offs
Recoveries 18,000 18,000
Provisions 11,049 72,060 (154,946) 369,154
Ending balance 2,239,360 2,278,275 2,239,360 2,278,275
Residential Mortgage [Member]        
Allowance for Loan Losses:        
Beginning balance 890,384 1,025,506 924,784 925,077
Charge-offs (2,035)
Recoveries 47,711 47,711
Provisions 54,991 (65,539) 22,626 34,890
Ending balance 945,375 1,007,678 945,375 1,007,678
Consumer Portfolio Segment [Member]        
Allowance for Loan Losses:        
Beginning balance 92,806 118,758 104,715 122,920
Charge-offs (11,439)
Recoveries 4,000 4,600 10,224 14,041
Provisions (1,673) 666 (19,806) (1,498)
Ending balance 95,133 124,024 95,133 124,024
Paycheck Protection Program [Member]        
Allowance for Loan Losses:        
Beginning balance
Charge-offs (903) (10) (8,879)
Recoveries 156 855
Provisions (156) 903 (845) 8,879
Ending balance