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Schedule II - Condensed Financial Information of Registrant (Statement of Cash Flows) (Details) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net (loss) earnings $ 4,142,779 $ 3,531,364
Adjustments to reconcile net earnings to net cash provided by operating activities    
Net realized and unrealized gains on equity securities (982,547) 245,323
Depreciation 708,378 684,744
Deferred income tax 414,747 509,915
Amortization of bond premium and discount 281,679 292,502
Stock-based compensation expense 556,670 454,977
Change in:    
Accrued investment income 1,380 (14,289)
Accrued expenses 1,969,100 (744,477)
Current federal income tax 177,292 (180,427)
Other (424,907) (167,351)
Net cash provided by operating activities 5,311,926 1,613,347
Purchases of:    
Fixed maturity securities, available-for-sale (21,860,180) (27,284,955)
Other invested assets (1,599,999) (995,567)
Property and equipment (992,314) (385,966)
Proceeds from sales, maturities and calls of:    
Fixed maturity securities, available-for-sale 18,590,418 17,174,787
Other invested assets 315,077 100,000
Property and equipment 145,287 18,783
Net cash used in investing activities (12,154,999) (13,110,734)
Cash flows from financing activities:    
Proceeds from loans 9,000,000 11,629,800
Repayments of borrowed funds (4,010,231) (9,514)
Purchase of treasury stock (139,160) (150,642)
Net cash provided by financing activities 4,850,609 11,469,644
Net decrease in cash and cash equivalents (1,992,464) (27,743)
Cash and cash equivalents at beginning of year 6,598,842  
Cash and cash equivalents at end of period 4,606,378 6,598,842
Supplemental information:    
Federal income tax paid 145,000 718,000
Interest paid 230,700 200,500
Parent Company [Member]    
Cash flows from operating activities:    
Net (loss) earnings 4,142,779 3,531,364
Adjustments to reconcile net earnings to net cash provided by operating activities    
Net realized and unrealized gains on equity securities (274,166) (5,473)
Depreciation 51,235 98,211
Deferred income tax 3,316 11,539
Equity in undistributed (income) of subsidiaries (5,481,909) (4,739,406)
Amortization of bond premium and discount   11,950
Stock-based compensation expense 419,070 311,598
Change in:    
Intercompany notes receivable (1,380,000) (650,000)
Due from subsidiaries 16,321 304,527
Accrued investment income 255 4,122
Accrued expenses 72,719 (60,443)
Current federal income tax (67,131) (349,910)
Other (476,240) 20,771
Net cash provided by operating activities (2,973,750) (1,511,150)
Cash flows from investing activities:    
Contributions to subsidiaries 6,605,654 1,220,000
Purchases of:    
Fixed maturity securities, available-for-sale (312,114)  
Stocks (216,473) (284,298)
Other invested assets   (100,000)
Property and equipment   (52,641)
Proceeds from sales, maturities and calls of:    
Fixed maturity securities, available-for-sale 220,950 250,874
Stocks 195,840 261,880
Other invested assets 16,403 100,000
Property and equipment 121,249 18,389
Net cash used in investing activities 6,631,510 1,414,204
Cash flows from financing activities:    
Repayments of borrowed funds (3,544,668) (224,874)
Purchase of treasury stock (1,561) (7,262)
Net cash provided by financing activities (3,546,230) (232,135)
Net decrease in cash and cash equivalents 111,530 (329,081)
Cash and cash equivalents at beginning of year 462,185 791,266
Cash and cash equivalents at end of period 573,715 462,185
Supplemental information:    
Interest paid 128,104 128,823
Common Stocks [Member]    
Purchases of:    
Stocks (8,399,079) (4,300,890)
Proceeds from sales, maturities and calls of:    
Stocks $ 3,023,990 $ 5,224,984