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Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Taxes [Abstract]    
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 income tax (benefit) expense $ (537,637) $ 58,993