Deposits (Tables)

9 Months Ended

Sep. 30, 2021

Deposits Liabilities Balance Sheet Reported Amounts [Abstract]

Schedule of Deposit Liabilities

Deposits in the accompanying consolidated balance sheets consisted of the following:

	September 30,		December 31,
	2021		2020
Transaction accounts:
Noninterest bearing demand accounts	$	364,417,901	$	327,360,814
Interest bearing demand accounts		1,121,603,668		909,991,762
Savings		30,169,553		22,261,441
Total transaction accounts		1,516,191,122		1,259,614,017
Time deposits		299,759,444		374,216,900
Total deposits	$	1,815,950,566	$	1,633,830,917

Schedule Maturities of time deposit

Scheduled maturities of time deposits at September 30, 2021 are as follows:

2021	$	87,103,904
2022		200,781,406
2023		6,603,363
2024		2,647,192
2025 and thereafter		2,623,579
	$	299,759,444