Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Taxes [Abstract]
Provision for income taxes at the statutory federal tax rates	$ 961,455	$ 1,067,128
Increase (reduction) in taxes resulting from:
Paycheck Protection Program loan forgiveness	(344,673)
Dividends received deduction	(29,474)	(22,542)
Tax-exempt interest income	(61,956)	(75,766)
Proration of tax-exempt interest and dividends received deduction	22,199	24,034
Officer life insurance, net	5,784	(14,004)
Nondeductible expenses	41,418	57,980
Prior year true-ups and other	452,240	(249,615)
Total income tax expense	$ 1,046,993	$ 787,215