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Schedule II - Condensed Financial Information of Registrant (Balance Sheet) (Details) - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Available for sale securities, at fair value      
Fixed maturity securities $ 105,841,543 $ 105,740,566  
Other invested assets 3,086,568 1,772,867  
Cash and cash equivalents 4,606,378 6,598,842  
Accrued investment income 659,413 660,793  
Income taxes - current 195,694 372,986  
Other assets 1,343,504 1,307,794  
Total assets 200,001,968 183,939,272  
Liabilities:      
Debt 18,455,342 13,465,574  
Accrued expenses 5,441,611 3,472,511  
Income taxes - deferred 954,862 1,231,271  
Other liabilities 1,030,870 1,290,532  
Total liabilities 125,298,054 111,195,583  
Equity:      
Common stock [1] 35,000 35,000  
Treasury stock, at cost [2] (3,155,399) (3,153,838)  
Additional paid-in capital 32,965,136 32,780,436  
Accumulated other comprehensive earnings, net of tax 2,920,027 5,520,091  
Retained earnings 44,282,895 40,140,115  
Less: Unearned Employee Stock Ownership Plan shares at cost [3] (2,343,745) (2,578,115)  
Total equity 74,703,914 72,743,689 $ 66,341,834
Total liabilities and equity 200,001,968 183,939,272  
Parent Company [Member]      
Assets      
Investment in subsidiaries 74,209,041 76,680,023  
Available for sale securities, at fair value      
Fixed maturity securities 3,223,307 3,238,560  
Common Stocks 1,410,345 1,115,545  
Other invested assets 218,403 201,900  
Cash and cash equivalents 573,715 462,185 $ 791,266
Due from subsidiaries 64,846 81,166  
Accrued investment income 13,746 14,002  
Income taxes - current 454,538 387,407  
Other assets 359,575 264,622  
Total assets 80,527,515 82,445,410  
Liabilities:      
Debt 5,515,098 9,059,767  
Accrued expenses 116,894 44,176  
Income taxes - deferred 56,016 73,663  
Other liabilities 135,592 524,115  
Total liabilities 5,823,601 9,701,721  
Equity:      
Common stock 35,000 35,000  
Treasury stock, at cost (3,155,399) (3,153,838)  
Additional paid-in capital 32,965,136 32,780,436  
Accumulated other comprehensive earnings, net of tax 2,920,027 5,520,091  
Retained earnings 44,282,895 40,140,115  
Less: Unearned Employee Stock Ownership Plan shares at cost (2,343,745) (2,578,115)  
Total equity 74,703,914 72,743,689  
Total liabilities and equity $ 80,527,514 $ 82,445,410  
[1] Par value $0.01; authorized: 2021 – 10,000,000 shares and 2020 – 10,000,000 shares; issued: 2021 – 3,500,000 and 2020 – 3,500,000 shares; outstanding: 2021 –3,291,852 and 2020 –3,291,125 shares.
[2] 2021 – 208,875 shares and 2020 – 203,811 shares
[3] 2021 –234,374 shares and 2020 –257,811 shares