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Schedule II - Condensed Financial Information of Registrant (Statement of Cash Flows) (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net earnings $ 4,294,345 $ 893,296
Adjustments to reconcile net earnings to net cash provided by operating activities    
Net realized gains (1,200,765) (975,993)
Depreciation 794,506 733,493
Deferred income tax 218,322 340,124
Amortization of bond premium and discount 257,685 296,050
Stock-based compensation expense 432,156 406,498
Change in:    
Accrued investment income 1,817 39,132
Accrued expenses (319,230) 262,216
Current federal income tax 654,712 (274,124)
Other (131,331) (146,185)
Net cash provided by operating activities 2,531,550 5,773,483
Purchases of:    
Fixed maturity securities, available-for-sale (26,101,621) (18,697,057)
Other invested assets (738,300) (54,200)
Property and equipment (444,430) (497,011)
Proceeds from sales, maturities and calls of:    
Fixed maturity securities, available-for-sale 27,033,200 16,966,599
Property and equipment 58,779 30,277
Net cash used in investing activities (393,650) (4,150,621)
Cash flows from financing activities:    
Repayments of borrowed funds (9,518) (854,602)
Purchase of common stock (146,581) (2,999,995)
Net cash used in financing activities (156,099) (3,854,597)
Net increase (decrease) in cash and cash equivalents 1,981,801 (2,231,735)
Cash and cash equivalents at beginning of year 4,644,784  
Cash and cash equivalents at end of period 6,626,585 4,644,784
Supplemental information:    
Federal income tax paid 164,543  
Interest paid 128,800 173,053
Parent Company [Member]    
Cash flows from operating activities:    
Net earnings 4,294,345 893,296
Adjustments to reconcile net earnings to net cash provided by operating activities    
Net realized gains (15,695) (42,554)
Depreciation 363,242 237,134
Deferred income tax 22,911 50,816
Equity in undistributed (income) of subsidiaries (5,282,698) (1,522,001)
Amortization of bond premium and discount 7,934 6,624
Stock-based compensation expense 432,156 406,498
Change in:    
Due from subsidiaries (492,051) 106,358
Accrued investment income (8,721) (2,763)
Accrued expenses (40,467) 65,824
Current federal income tax 400,851 (438,347)
Other 315,033 707,864
Net cash provided by operating activities (3,160) 468,749
Cash flows from investing activities:    
Contributions to subsidiaries (1,461,381) (770,483)
Purchases of:    
Fixed maturity securities, available-for-sale (1,502,582) (749,824)
Other invested assets (2,000) (15,000)
Property and equipment (56,022) (887,574)
Proceeds from sales, maturities and calls of:    
Fixed maturity securities, available-for-sale 269,076 1,220,578
Property and equipment 33,208 6,790
Net cash used in investing activities (2,746,079) (1,162,178)
Cash flows from financing activities:    
Proceeds from loan 3,000,000 3,000,000
Repayments of borrowed funds (174,652) (36,816)
Purchase of common stock (146,581) (2,999,995)
Net cash used in financing activities 2,678,766 (36,811)
Net increase (decrease) in cash and cash equivalents (70,473) (730,240)
Cash and cash equivalents at beginning of year 861,739 1,591,979
Cash and cash equivalents at end of period 791,266 861,739
Supplemental information:    
Federal income tax paid
Interest paid 159,909 194,680
Common Stocks [Member]    
Purchases of:    
Stocks (7,563,198) (16,974,453)
Proceeds from sales, maturities and calls of:    
Stocks 8,238,753 11,843,798
Common Stocks [Member] | Parent Company [Member]    
Purchases of:    
Stocks (367,425) (1,346,958)
Proceeds from sales, maturities and calls of:    
Stocks $ 341,047 $ 1,380,293