Income Taxes (Tables)

3 Months Ended

Mar. 31, 2021

Income Taxes [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

	For the Three-Months Ended
	March 31,
	2021		2020
Provision for income taxes at the statutory federal tax rates	$	309,097	$	(527,296)
Increase (reduction) in taxes resulting from:
Dividends received deduction		(8,108)		(6,535)
Tax-exempt interest income		(14,794)		(15,480)
Proration of tax-exempt interest and dividends received deduction		5,564		5,368
Nondeductible expenses		18,026		5,503
Officer life insurance, net		166		803
Total	$	309,951	$	(537,637)