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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 March 31, 2023 and December 31, 2022, respectively. (Details) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Financial Assets:    
Investment securities available for sale $ 267,439,924 $ 271,172,226
Reported Value Measurement [Member]    
Financial Assets:    
Cash and due from banks 7,099,250 14,772,564
Interest-bearing deposits at the Federal Reserve 14,885,733 12,999,135
Investment securities available for sale 267,439,924 271,172,226
Mortgage loans to be sold 1,278,158 866,594
Loans, net 330,100,952 326,690,561
Accrued interest receivable 1,842,995 2,145,522
Financial Liabilities:    
Demand deposits 523,037,875 582,100,650
Time deposits 64,554,584 16,569,608
Accrued interest payable 393,852 41,007
Estimate of Fair Value Measurement [Member]    
Financial Assets:    
Cash and due from banks 7,099,250 14,772,564
Interest-bearing deposits at the Federal Reserve 14,885,733 12,999,135
Investment securities available for sale 267,439,924 271,172,226
Mortgage loans to be sold 1,278,158 866,594
Loans, net 305,598,199 304,249,626
Accrued interest receivable 1,842,995 2,145,522
Financial Liabilities:    
Demand deposits 523,037,875 582,100,650
Time deposits 65,658,921 16,933,818
Accrued interest payable 393,852 41,007
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]    
Financial Assets:    
Cash and due from banks 7,099,250 14,772,564
Interest-bearing deposits at the Federal Reserve 14,885,733 12,999,135
Investment securities available for sale 170,236,530 168,187,315
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 74,654,094 73,523,099
Mortgage loans to be sold 1,278,158 866,594
Loans, net
Accrued interest receivable 1,842,995 2,145,522
Financial Liabilities:    
Demand deposits 523,037,875 582,100,650
Time deposits 65,658,921 16,933,818
Accrued interest payable 393,852 41,007
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 22,549,300 29,461,812
Mortgage loans to be sold
Loans, net 305,598,199 304,249,626
Accrued interest receivable  
Financial Liabilities:    
Demand deposits
Time deposits
Accrued interest payable