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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net income $ 1,840,267 $ 1,726,937 $ 4,847,355 $ 5,205,696
Other comprehensive loss        
Unrealized loss on securities arising during the period (8,267,860) (845,754) (25,473,041) (3,035,326)
Reclassification adjustment for securities gains realized in net income (266,944) (61,780) (266,944)
Other comprehensive loss before tax (8,267,860) (1,112,698) (25,534,821) (3,302,270)
Income tax effect related to items of other comprehensive loss before tax 1,736,251 233,667 5,362,312 693,477
Other comprehensive loss after tax (6,531,609) (879,031) (20,172,509) (2,608,793)
Total comprehensive (loss) income $ (4,691,342) $ 847,906 $ (15,325,154) $ 2,596,903