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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Additional Paid-in Capital [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
AOCI Attributable to Parent [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2018         7,650,551        
Balance at Dec. 31, 2018 $ 1,098,760 $ (1,098,760) $ 765,056 $ 22,989,443 $ (2,184,429) $ (8,937,404) $ 12,632,666
Common stock issued, $7 per share (in shares)           82,019        
Common stock issued, $7 per share           $ 8,202 565,931 574,133
Costs associated with common stock issued           (300,981) (300,981)
Other comprehensive income           3,580,517 2,494,848
Net income (loss)           383,532 383,532
Balance (in shares) at Sep. 30, 2019           7,732,570        
Balance at Sep. 30, 2019           $ 773,258 23,254,393 2,494,848 (9,652,632) 16,869,867
Balance (in shares) at Jun. 30, 2019           7,707,090        
Balance at Jun. 30, 2019           $ 770,710 23,141,692 1,502,174 (9,695,078) 15,719,498
Common stock issued, $7 per share (in shares)           25,480        
Common stock issued, $7 per share           $ 2,548 175,812 178,360
Costs associated with common stock issued           (63,111) (63,111)
Other comprehensive income           992,674 992,674
Net income (loss)           42,446 42,446
Balance (in shares) at Sep. 30, 2019           7,732,570        
Balance at Sep. 30, 2019           $ 773,258 23,254,393 2,494,848 (9,652,632) 16,869,867
Balance (in shares) at Dec. 31, 2019           7,734,004        
Balance at Dec. 31, 2019           $ 773,401 23,210,257 2,329,495 (9,436,956) 16,876,197
Common stock issued, $7 per share (in shares)           7,354        
Common stock issued, $7 per share           $ 736 50,742 51,478
Costs associated with common stock issued           (144,863) (144,863)
Other comprehensive income           1,750,472 1,750,472
Net income (loss)           (2,057,588) (2,057,588)
Balance (in shares) at Sep. 30, 2020           7,741,358        
Balance at Sep. 30, 2020           $ 774,137 23,116,136 4,079,967 (11,494,544) 16,475,696
Balance (in shares) at Jun. 30, 2020           7,741,229        
Balance at Jun. 30, 2020           $ 774,124 23,161,098 3,517,249 (12,566,699) 14,885,772
Common stock issued, $7 per share (in shares)           129        
Common stock issued, $7 per share           $ 13 890 903
Costs associated with common stock issued           (45,852) (45,852)
Other comprehensive income           562,718 562,718
Net income (loss)           1,072,155 1,072,155
Balance (in shares) at Sep. 30, 2020           7,741,358        
Balance at Sep. 30, 2020           $ 774,137 $ 23,116,136 $ 4,079,967 $ (11,494,544) $ 16,475,696