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Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Taxes [Abstract]    
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 income tax expense (benefit) $ 309,951 $ (537,637)