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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net income $ 1,588,779 $ 1,464,106
Other comprehensive income    
Unrealized gain (loss) on securities arising during the period 3,928,218 (12,152,716)
Reclassification adjustment for securities gains realized in net income (61,780)
Other comprehensive income (loss) before tax 3,928,218 (12,214,496)
Income tax effect related to items of other comprehensive income before tax 93,188 2,565,043
Other comprehensive income (loss) after tax 4,021,406 (9,649,453)
Total comprehensive income (loss) $ 5,610,185 $ (8,185,347)