XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.1
Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Taxes [Abstract]    
Provision for income taxes at the statutory federal tax rates $ (44,088) $ 309,097
Increase (reduction) in taxes resulting from:    
Dividends received deduction (11,281) (8,108)
Tax-exempt interest income (13,351) (14,794)
Proration of tax-exempt interest and dividends received deduction 5,970 5,564
Nondeductible expenses 17,292 18,026
Officer life insurance, net (4,347) 166
Total income tax (benefit) expense $ (49,805) $ 309,951