Income Taxes (Tables)

3 Months Ended

Mar. 31, 2020

Income Taxes [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

	For the Three-Months Ended
	March 31,
	2020		2019
Provision for income taxes at the statutory federal tax rates	$	(527,296)	$	73,025
Increase (reduction) in taxes resulting from:
Dividends received deduction		(6,535)		(9,763)
Tax-exempt interest income		(15,480)		(23,166)
Proration of tax-exempt interest and dividends received deduction		5,368		8,232
Officer life insurance, net		803		3,578
Nondeductible expenses		5,503		7,087
Total	$	(537,637)	$	58,993